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Secured Borrowings - Secured Financing Agreements (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Secured Borrowings    
Secured financing agreements, net $ 12,678,948 $ 11,151,557
Borrowing Base Facility    
Secured Borrowings    
Maximum Facility Size 615,000  
Maximum facility size subject to certain conditions 1,300,000  
Commercial Financing Facilities    
Secured Borrowings    
Maximum Facility Size 878,100  
Secured Borrowings    
Secured Borrowings    
Maximum Facility Size 24,641,651  
Long term debt, gross 12,780,793 11,236,129
Unamortized net discount (19,084) (19,338)
Unamortized deferred financing costs (82,761) (65,234)
Secured financing agreements, net 12,678,948 11,151,557
Secured Borrowings | Borrowing Base Facility    
Secured Borrowings    
Maximum Facility Size 1,250,000  
Long term debt, gross 2,000 2,000
Secured Borrowings | Commercial Financing Facilities    
Secured Borrowings    
Maximum Facility Size 978,143  
Long term debt, gross 480,611 330,081
Secured Borrowings | Infrastructure Financing Facilities    
Secured Borrowings    
Maximum Facility Size 1,175,000  
Long term debt, gross 515,004 499,242
Secured Borrowings | Property Financing    
Secured Borrowings    
Maximum Facility Size 1,110,191  
Long term debt, gross 622,906 615,854
Secured Borrowings | Property Financing | Fundamental Income Properties, LLC    
Secured Borrowings    
Long term debt, gross 115,300  
Secured Borrowings | Term Loans and Revolver    
Secured Borrowings    
Maximum Facility Size 2,470,180  
Long term debt, gross 2,270,180 1,452,567
Equity interests in certain subsidiaries used to secure facilities 7,700,000  
Secured Borrowings | Total Other Secured Financing    
Secured Borrowings    
Maximum Facility Size 6,983,514  
Long term debt, gross 3,890,701 2,899,744
Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value 16,039,006  
Secured Borrowings | Asset Pledged as Collateral | Borrowing Base Facility    
Secured Borrowings    
Pledged Asset Carrying Value 52,855  
Secured Borrowings | Asset Pledged as Collateral | Commercial Financing Facilities    
Secured Borrowings    
Pledged Asset Carrying Value 705,143  
Secured Borrowings | Asset Pledged as Collateral | Infrastructure Financing Facilities    
Secured Borrowings    
Pledged Asset Carrying Value 671,973  
Secured Borrowings | Asset Pledged as Collateral | Property Financing    
Secured Borrowings    
Pledged Asset Carrying Value 792,501  
Amount of debt matured $ 17,600  
Joint venture ownership percentage 75.00%  
Secured Borrowings | Asset Pledged as Collateral | Total Other Secured Financing    
Secured Borrowings    
Pledged Asset Carrying Value $ 2,222,472  
Secured Borrowings | Index | Commercial Financing Facilities    
Secured Borrowings    
Basis spread 1.98%  
Secured Borrowings | SOFR | Borrowing Base Facility    
Secured Borrowings    
Basis spread 2.00%  
Secured Borrowings | SOFR | Infrastructure Financing Facilities    
Secured Borrowings    
Basis spread 1.96%  
Secured Borrowings | SOFR | Property Financing    
Secured Borrowings    
Basis spread 2.52%  
Secured Borrowings | SOFR | Term Loans and Revolver    
Secured Borrowings    
Basis spread 2.00%  
Line of Credit | Commercial Financing Facilities    
Secured Borrowings    
Line of credit capacity if conditions are met $ 978,100  
Commercial Loans    
Secured Borrowings    
Maximum Facility Size 11,800,000  
Secured financing agreements, net 2,700,000  
Line of credit capacity if conditions are met 12,200,000  
Commercial Loans | Secured Borrowings    
Secured Borrowings    
Maximum Facility Size 12,243,159  
Long term debt, gross 6,048,734 5,137,103
Commercial Loans | Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value $ 9,986,198  
Commercial Loans | Secured Borrowings | Index    
Secured Borrowings    
Basis spread 1.83%  
Residential Loans | Secured Borrowings    
Secured Borrowings    
Maximum Facility Size $ 3,450,000  
Long term debt, gross 1,929,400 2,126,692
Residential Loans | Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value $ 2,275,806  
Residential Loans | Secured Borrowings | SOFR    
Secured Borrowings    
Basis spread 1.65%  
Infrastructure Loans | Secured Borrowings    
Secured Borrowings    
Maximum Facility Size $ 650,000  
Long term debt, gross 211,651 264,432
Infrastructure Loans | Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value $ 299,123  
Infrastructure Loans | Secured Borrowings | Index    
Secured Borrowings    
Basis spread 2.00%  
Conduit Loans | Secured Borrowings    
Secured Borrowings    
Maximum Facility Size $ 375,000  
Long term debt, gross 0 87,061
Conduit Loans | Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value $ 0  
Conduit Loans | Secured Borrowings | SOFR    
Secured Borrowings    
Basis spread 2.15%  
CMBS/RMBS    
Secured Borrowings    
Secured financing agreements, net $ 340,500  
Coupon Rate 4.02%  
Amount outstanding on a repurchase facility not subject to margin calls $ 319,500  
Amount outstanding on repurchase facility $ 25,800  
Pro rata share owned by a non-controlling partner in a consolidated joint venture 49.00%  
CMBS/RMBS | Certain Facilities    
Secured Borrowings    
Secured financing agreements, net $ 246,400  
CMBS/RMBS | Certain Facilities | Maximum    
Secured Borrowings    
Rolling maturity period 12 months  
CMBS/RMBS | Certain Facilities | Minimum    
Secured Borrowings    
Rolling maturity period 6 months  
CMBS/RMBS | SOFR | Weighted-average    
Secured Borrowings    
Coupon Rate 1.65%  
CMBS/RMBS | Secured Borrowings    
Secured Borrowings    
Maximum Facility Size $ 939,978  
Long term debt, gross 700,307 721,097
CMBS/RMBS | Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value 1,255,407  
Total Repurchase Agreements | Secured Borrowings    
Secured Borrowings    
Maximum Facility Size 17,658,137  
Long term debt, gross 8,890,092 $ 8,336,385
Total Repurchase Agreements | Secured Borrowings | Asset Pledged as Collateral    
Secured Borrowings    
Pledged Asset Carrying Value $ 13,816,534