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Real Estate Owned, Net - Real Estate Owned Assets (Detail) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Building and building improvements $ 555,879 $ 410,546
Land and land improvements 402,248 181,083
Total 958,127 591,629
Less: accumulated depreciation (24,492) (3,444)
Real estate owned, net 933,635 588,185
Intangible real estate assets 130,099 83,253
Less: accumulated amortization (33,427) (5,964)
Intangible real estate assets, net 96,672 77,289
Intangible real estate liabilities 4,545 1,422
Less: accumulated amortization (317) (1)
Intangible real estate liabilities, net $ 4,228 $ 1,421