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Loans and Investments - Schedule of Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Allowance for credit losses:        
Allowance for credit losses, beginning balance $ 211,942 $ 153,077 $ 195,664 $ 132,559
Provision for credit losses (net of recoveries) 27,469 15,977 45,247 36,495
Charge-offs (488)   (1,988)  
Allowance for credit losses, ending balance 238,923 169,054 238,923 169,054
Multifamily        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 125,999 58,348 110,847 37,961
Provision for credit losses (net of recoveries) 25,849 15,947 42,501 36,334
Charge-offs (488)   (1,988)  
Allowance for credit losses, ending balance 151,360 74,295 151,360 74,295
Land        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 78,120 78,086 78,058 78,068
Provision for credit losses (net of recoveries) 330 (184) 392 (166)
Charge-offs 0   0  
Allowance for credit losses, ending balance 78,450 77,902 78,450 77,902
Retail        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 3,293 5,819 3,293 5,819
Provision for credit losses (net of recoveries) 0 0 0 0
Charge-offs 0   0  
Allowance for credit losses, ending balance 3,293 5,819 3,293 5,819
Single-Family Rental        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 2,737 973 1,624 781
Provision for credit losses (net of recoveries) 1,176 104 2,289 296
Charge-offs 0   0  
Allowance for credit losses, ending balance 3,913 1,077 3,913 1,077
Commercial        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 1,700 1,700 1,700 1,700
Provision for credit losses (net of recoveries) 0 0 0 0
Charge-offs 0   0  
Allowance for credit losses, ending balance 1,700 1,700 1,700 1,700
Office        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 93 8,106 142 8,162
Provision for credit losses (net of recoveries) 114 140 65 84
Charge-offs 0   0  
Allowance for credit losses, ending balance 207 8,246 207 8,246
Other        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 0 45 0 68
Provision for credit losses (net of recoveries) 0 (30) 0 (53)
Charge-offs 0   0  
Allowance for credit losses, ending balance $ 0 $ 15 $ 0 $ 15