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Investments in Equity Affiliates - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2024
USD ($)
Apr. 30, 2023
USD ($)
Dec. 31, 2024
USD ($)
property
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
investment
Dec. 31, 2024
USD ($)
parcel
property
item
unit
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2021
USD ($)
Investments in and Advances to Affiliates [Line Items]                      
Indirect ownership percentage             9.20%        
Income (loss) from equity method investments             $ 5,772 $ 24,281 $ 14,247    
Noncontrolling interest invested             19,593 18,986 17,809    
Bridge loans, total UPB             611,696 427,929      
Number of investments purchased | investment           4          
Loans to affiliates, balance     $ 167,393       167,393        
Distributions from equity affiliates             11,224 15,552 26,008    
Interest income             1,167,872 1,331,219 948,401    
Upsized amount           $ 140,000          
Amount of provision for credit losses             $ 55,512 68,805 19,318    
Houston Properties                      
Investments in and Advances to Affiliates [Line Items]                      
Proceeds from sale of real estate $ 101,300 $ 239,400                  
Bridge Loans                      
Investments in and Advances to Affiliates [Line Items]                      
Bridge loans, total UPB $ 100,300         100,300          
Bridge Loans | Houston Properties                      
Investments in and Advances to Affiliates [Line Items]                      
Bridge loans, total UPB     73,300                
Variable rate, spread (as a percent) 3.00%                    
Bridge Loans | Houston Properties | Unconsolidated VIEs                      
Investments in and Advances to Affiliates [Line Items]                      
Short-term debt $ 95,300                    
Capital Partner | AWC Real Estate Opportunity Partners I LP                      
Investments in and Advances to Affiliates [Line Items]                      
Subsidiary, non-controlling limited partnership interest       51.00%              
General partnership, ownership interest       17.50%              
ARSR DPREF I LLC                      
Investments in and Advances to Affiliates [Line Items]                      
Proceeds from issued debt           10,200          
Related Party                      
Investments in and Advances to Affiliates [Line Items]                      
Percentage of ownership interest of related party in the entity             50.00%        
Related Party | Other Related Party Transactions                      
Investments in and Advances to Affiliates [Line Items]                      
Income (loss) from equity method investments             $ 9,000 12,200      
Contributions made                     $ 4,200
Arbor Residential Investor LLC                      
Investments in and Advances to Affiliates [Line Items]                      
Equity investment     9,600       $ 9,600        
Percentage of ownership interest of related party in the entity             50.00%        
Indirect ownership percentage             12.30%        
Income (loss) from equity method investments             $ (1,200) 600 4,900    
Distribution received             7,700 15,000      
Loans to affiliates, balance     0       $ 0        
Arbor Residential Investor LLC | Related Party                      
Investments in and Advances to Affiliates [Line Items]                      
Percentage of ownership interest of related party in the entity             50.00%        
Residential Mortgage Banking Business                      
Investments in and Advances to Affiliates [Line Items]                      
Indirect ownership percentage             65.00%        
AMAC Holdings III LLC                      
Investments in and Advances to Affiliates [Line Items]                      
Income (loss) from equity method investments             $ (2,300) (1,900) $ (2,400)    
Investment in real estate committed             $ 30,000        
Interest in a real estate investment (as a percent)             18.00%        
Contributions made     4,100     700 $ 4,100 700      
Distribution from investment classified as return capital               1,100      
Loans to affiliates, balance     35,410       35,410        
Fifth Wall Ventures                      
Investments in and Advances to Affiliates [Line Items]                      
Investment in real estate committed             $ 25,000        
Interest in a real estate investment (as a percent)             7.60%        
Contributions made     1,100     1,000 $ 1,100 1,000      
Number of investments | item             2        
Gain (loss) on investment             $ 100 (1,200)      
Loans to affiliates, balance     $ 0       0        
AWC Real Estate Opportunity Partners I LP                      
Investments in and Advances to Affiliates [Line Items]                      
Income (loss) from equity method investments             (500)        
Investment in real estate committed           24,000          
Interest in a real estate investment (as a percent)     99.00%                
Investment in real estate           11,700   11,700      
Affiliate loans, maximum committed amount           $ 900          
General partnership interest           0.01          
Loan to affiliate, funded amount     $ 300       $ 300        
Ownership interest (as a percent)     49.00%       49.00%        
Payments for investments, legal, and administrative expenses           $ 14,300          
Loans to affiliates, balance     $ 108,450     13,200 $ 108,450 13,200      
Distributions from equity affiliates             11,200        
Noncontrolling interest             13,600        
Interest income             5,400        
AWC Real Estate Opportunity Partners I LP | Federal National Mortgage Association (FNMA)                      
Investments in and Advances to Affiliates [Line Items]                      
Loans to affiliates, balance           13,000   $ 13,000      
AWC Real Estate Opportunity Partners I LP | AWC Real Estate Opportunity Partners I LP                      
Investments in and Advances to Affiliates [Line Items]                      
Ownership interest (as a percent)       49.00%              
AWC Real Estate Opportunity Partners I LP | Capital Partner                      
Investments in and Advances to Affiliates [Line Items]                      
Investment in real estate committed       $ 25,000              
Loan to affiliate, funded amount     16,300       16,300        
North Vermont Avenue                      
Investments in and Advances to Affiliates [Line Items]                      
Noncontrolling interest invested             $ 2,400        
Equity method investments sold           1,300          
Noncontrolling interest in equity method investment (as a percent)             85.00%        
Other-than-temporary impairment recorded             $ 2,400        
Number of land parcels acquired | parcel             3        
Multifamily complex, number of units | unit             202        
North Vermont Avenue | Newly Formed Entity                      
Investments in and Advances to Affiliates [Line Items]                      
Equity method investments sold           $ 1,300          
Newly Formed Entity | AWC Real Estate Opportunity Partners I LP                      
Investments in and Advances to Affiliates [Line Items]                      
Ownership interest (as a percent)           44.00%   44.00%      
Noncontrolling interest invested           $ 9,400          
ARSR DPREF I LLC                      
Investments in and Advances to Affiliates [Line Items]                      
Gain (loss) on investment             $ 700        
Ownership interest (as a percent)           50.00%   50.00%      
Loans to affiliates, balance     0       0        
Distributions from equity affiliates             400        
Total contribution           $ 70,000   $ 70,000      
Lightstone Value Plus REIT L.P.                      
Investments in and Advances to Affiliates [Line Items]                      
Equity investment     1,900       1,900        
Loans to affiliates, balance     0       0        
The Park at Via Terrossa                      
Investments in and Advances to Affiliates [Line Items]                      
Ownership interest (as a percent)         5.00%            
Loans to affiliates, balance     21,845       21,845        
The Park at Via Terrossa | Other Related Party Transactions                      
Investments in and Advances to Affiliates [Line Items]                      
Distribution from investment classified as return capital         $ 600            
JT Prime                      
Investments in and Advances to Affiliates [Line Items]                      
Equity investment     400       400        
Loans to affiliates, balance     0       $ 0        
Noncontrolling interest in equity method investment (as a percent)             50.00%        
Docsumo Pte. Ltd.                      
Investments in and Advances to Affiliates [Line Items]                      
Loans to affiliates, balance     $ 0       $ 0        
Noncontrolling interest             $ 500        
West Shore Café                      
Investments in and Advances to Affiliates [Line Items]                      
Ownership interest (as a percent)     50.00%       50.00%        
Variable rate, spread (as a percent)             4.00%        
Loans to affiliates, balance     $ 1,688       $ 1,688        
Loans to affiliates             $ 1,700        
Other-than-temporary impairment recorded                   $ 2,200  
Amount of provision for credit losses                   $ 1,700  
West Shore Café | Minimum                      
Investments in and Advances to Affiliates [Line Items]                      
Variable rate, spread (as a percent)             0.15%        
Lexford Portfolio                      
Investments in and Advances to Affiliates [Line Items]                      
Distribution received             $ 9,000 12,200      
Gain (loss) on investment             9,000 12,200      
Loans to affiliates, balance     $ 0       0        
Noncontrolling interest             $ 100        
East River Portfolio                      
Investments in and Advances to Affiliates [Line Items]                      
Ownership interest (as a percent)     5.00%       5.00%        
Loans to affiliates, balance     $ 0       $ 0        
Equity investment made             $ 100        
Number of properties owned | property     2       2        
East River Portfolio | Related Party                      
Investments in and Advances to Affiliates [Line Items]                      
Percentage of ownership interest of related party in the entity             95.00%        
Equity Participation Interest                      
Investments in and Advances to Affiliates [Line Items]                      
Proceeds from sale           $ 14,500   $ 14,500