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Secured Borrowings - Collateralized Loan Obligations (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2025
USD ($)
Item
Dec. 31, 2024
USD ($)
Item
Nov. 30, 2025
USD ($)
Oct. 31, 2025
USD ($)
Secured Borrowings        
Carrying Value $ 5,131,453 $ 3,196,426    
Collateral assets        
Secured Borrowings        
Face Amount 4,538,474 3,980,769    
Carrying Value 6,739,635 4,076,969    
Financing        
Secured Borrowings        
Face Amount 5,153,316 3,204,296    
Carrying Value 5,131,453 $ 3,196,426    
CLOs and SASB | Collateral assets        
Secured Borrowings        
Face Amount 4,538,474      
Carrying Value 4,811,701      
CLOs and SASB | Financing        
Secured Borrowings        
Face Amount 3,884,988      
Carrying Value $ 3,869,775      
STWD 2025-FL4        
Secured Borrowings        
Face Amount     $ 1,100,000  
STWD 2025-FL4 | Collateral assets        
Secured Borrowings        
Count | Item 21      
Face Amount $ 1,049,200      
Carrying Value $ 1,108,352      
Basis spread 3.19%      
STWD 2025-FL4 | Financing        
Secured Borrowings        
Count | Item 1      
Face Amount $ 968,628      
Carrying Value $ 961,078      
Basis spread 1.85%      
STWD 2022-FL3 | Collateral assets        
Secured Borrowings        
Count | Item 23 35    
Face Amount $ 662,525 $ 921,139    
Carrying Value $ 668,530 $ 927,656    
Basis spread 2.99% 3.32%    
STWD 2022-FL3 | Financing        
Secured Borrowings        
Count | Item 1 1    
Face Amount $ 505,973 $ 764,223    
Carrying Value $ 505,973 $ 762,992    
Basis spread 1.82% 1.94%    
STWD 2021-HTS | Collateral assets        
Secured Borrowings        
Count | Item 1 1    
Face Amount $ 102,602 $ 174,417    
Carrying Value $ 103,101 $ 175,338    
Basis spread 3.97% 4.01%    
STWD 2021-HTS | Financing        
Secured Borrowings        
Count | Item 1 1    
Face Amount $ 82,693 $ 154,508    
Carrying Value $ 82,693 $ 154,508    
Basis spread 3.80% 2.81%    
STWD 2021-FL2 | Collateral assets        
Secured Borrowings        
Count | Item 18 22    
Face Amount $ 886,773 $ 1,047,685    
Carrying Value $ 896,979 $ 1,053,503    
Basis spread 3.22% 3.64%    
STWD 2021-FL2 | Financing        
Secured Borrowings        
Count | Item 1 1    
Face Amount $ 674,494 $ 829,137    
Carrying Value $ 674,494 $ 829,137    
Basis spread 1.77% 1.68%    
Starwood 2025-SIF6 | Collateral assets        
Secured Borrowings        
Count | Item 27      
Face Amount $ 487,404      
Carrying Value $ 503,199      
Basis spread 3.75%      
Starwood 2025-SIF6 | Financing        
Secured Borrowings        
Count | Item 1      
Face Amount $ 413,500      
Carrying Value $ 410,792      
Basis spread 1.91%      
Starwood 2025-SIF5 | Collateral assets        
Secured Borrowings        
Count | Item 29      
Face Amount $ 444,427      
Carrying Value $ 510,441      
Basis spread 3.64%      
Starwood 2025-SIF5 | Financing        
Secured Borrowings        
Count | Item 1      
Face Amount $ 413,500      
Carrying Value $ 410,945      
Basis spread 1.94%      
Starwood 2024-SIF4 | Collateral assets        
Secured Borrowings        
Count | Item 27 33    
Face Amount $ 551,333 $ 558,707    
Carrying Value $ 612,505 $ 609,072    
Basis spread 3.69% 3.95%    
Starwood 2024-SIF4 | Financing        
Secured Borrowings        
Count | Item 1 1    
Face Amount $ 496,200 $ 496,200    
Carrying Value $ 493,800 $ 492,936    
Basis spread 2.10% 2.10%    
STWD 2024-SIF3        
Secured Borrowings        
Basis spread   2.41%    
STWD 2024-SIF3 | Collateral assets        
Secured Borrowings        
Count | Item 27 31    
Face Amount $ 354,210 $ 394,070    
Carrying Value $ 408,594 $ 410,263    
Basis spread 3.78% 4.01%    
STWD 2024-SIF3 | Financing        
Secured Borrowings        
Count | Item 1 1    
Face Amount $ 330,000 $ 330,000    
Carrying Value $ 330,000 $ 327,553    
Basis spread 2.41%      
STWD 2019-FL1 | Collateral assets        
Secured Borrowings        
Count | Item   7    
Face Amount   $ 383,853    
Carrying Value   $ 385,712    
Basis spread   3.50%    
STWD 2019-FL1 | Financing        
Secured Borrowings        
Count | Item   1    
Face Amount   $ 220,228    
Carrying Value   $ 220,228    
Basis spread   2.10%    
STWD 2021-SIF2 | Collateral assets        
Secured Borrowings        
Count | Item   30    
Face Amount   $ 500,898    
Carrying Value   $ 515,425    
Basis spread   3.79%    
STWD 2021-SIF2 | Financing        
Secured Borrowings        
Count | Item   1    
Face Amount   $ 410,000    
Carrying Value   $ 409,072    
Basis spread   2.11%    
ABS Financing | Collateral assets        
Secured Borrowings        
Count | Item 433      
Carrying Value $ 1,927,934      
ABS Financing | Financing        
Secured Borrowings        
Count | Item 4      
Face Amount $ 1,268,328      
Carrying Value $ 1,261,678      
Basis spread 5.73%      
ABS, FI Series 2025-1        
Secured Borrowings        
Face Amount       $ 492,100
Debt, weighted average interest rate       5.26%
ABS, FI Series 2025-1 | Financing        
Secured Borrowings        
Face Amount   $ 390,900    
Debt, weighted average interest rate   5.26%    
ABS, FI Series 2024-1 | Financing        
Secured Borrowings        
Face Amount   $ 240,300    
Debt, weighted average interest rate   5.03%    
ABS, FI Series 2023-2 | Financing        
Secured Borrowings        
Face Amount   $ 313,200    
Debt, weighted average interest rate   5.89%    
ABS, FI Series 2023-1 | Financing        
Secured Borrowings        
Face Amount   $ 323,900    
Debt, weighted average interest rate   6.65%