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Loans and Investments - Summary of impaired loans (Details)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
loan
Dec. 31, 2022
USD ($)
loan
Loans and Investments    
UPB $ 293,055 $ 157,960
Carrying Value 280,258 147,131
Allowance for Credit Losses $ 111,087 $ 85,386
Wtd. Avg. First Dollar LTV Ratio 0.01 0.03
Wtd. Avg. Last Dollar LTV Ratio 0.97 0.96
Number of impaired loans (less unearned revenue and other holdbacks and adjustments) by asset class | loan 13 7
Land    
Loans and Investments    
UPB $ 134,215 $ 134,215
Carrying Value 127,868 127,868
Allowance for Credit Losses $ 77,869 $ 77,869
Wtd. Avg. First Dollar LTV Ratio 0 0
Wtd. Avg. Last Dollar LTV Ratio 0.99 0.99
Multifamily    
Loans and Investments    
UPB $ 90,070  
Carrying Value 87,995  
Allowance for Credit Losses $ 17,750  
Wtd. Avg. First Dollar LTV Ratio 0  
Wtd. Avg. Last Dollar LTV Ratio 1  
Office    
Loans and Investments    
UPB $ 45,025  
Carrying Value 45,025  
Allowance for Credit Losses $ 7,951  
Wtd. Avg. First Dollar LTV Ratio 0  
Wtd. Avg. Last Dollar LTV Ratio 0.99  
Retail    
Loans and Investments    
UPB $ 22,045 $ 22,045
Carrying Value 17,670 17,563
Allowance for Credit Losses $ 5,817 $ 5,817
Wtd. Avg. First Dollar LTV Ratio 0.13 0.14
Wtd. Avg. Last Dollar LTV Ratio 0.78 0.79
Commercial    
Loans and Investments    
UPB $ 1,700 $ 1,700
Carrying Value 1,700 1,700
Allowance for Credit Losses $ 1,700 $ 1,700
Wtd. Avg. First Dollar LTV Ratio 0.63 0.63
Wtd. Avg. Last Dollar LTV Ratio 0.63 0.63