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Loans and Investments - Risk Ratings and LTV Ratios (Details) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Loans and Investments    
Loans and investments, gross $ 11,609,235 $ 11,304,956
Percentage of Portfolio 100.00% 100.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 2.00%  
Wtd. Avg. Last Dollar LTV Ratio (as percent) 78.00%  
Charge-offs, Year One $ 0 $ 464
Charge-offs, Year Two 3,000 0
Charge-offs, Year Three 0 4,077
Charge-offs, Year Four 5,669 7,668
Charge-offs, Year Five 10,474 0
Charge-offs, prior years 0 0
Charge-offs, Total 19,143 12,209
Credit risk concentration    
Loans and Investments    
Origination Year One 1,195,623 1,439,313
Origination Year Two 1,593,468 867,191
Origination Year Three 930,186 4,281,700
Origination Year Four 3,687,920 3,998,292
Origination Year Five 3,614,055 305,395
Origination, Prior Years 587,983 413,065
Loans and investments, gross $ 11,609,235 $ 11,304,956
Wtd. Avg. First Dollar LTV Ratio (as percent) 2.00% 2.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 78.00% 80.00%
Multifamily | Credit risk concentration    
Loans and Investments    
Origination Year One $ 744,208 $ 758,030
Origination Year Two 778,451 382,068
Origination Year Three 363,991 3,775,325
Origination Year Four 3,145,749 3,796,634
Origination Year Five 3,491,310 136,670
Origination, Prior Years 361,249 263,917
Loans and investments, gross $ 8,884,958 $ 9,112,644
Percentage of Portfolio 77.00% 81.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 3.00% 2.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 83.00% 83.00%
Multifamily | Pass | Credit risk concentration    
Loans and Investments    
Origination Year One $ 431,196 $ 308,228
Origination Year Two 56,945 41,713
Origination Year Three 32,369 69,000
Origination Year Four 78,944 10,205
Origination Year Five 9,903 2,010
Origination, Prior Years 26,795 24,823
Loans and investments, gross 636,152 455,979
Multifamily | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One 313,012 357,724
Origination Year Two 497,269 308,353
Origination Year Three 295,934 1,012,593
Origination Year Four 779,822 462,709
Origination Year Five 674,877 119,860
Origination, Prior Years 159,810 113,100
Loans and investments, gross 2,720,724 2,374,339
Multifamily | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One 0 79,618
Origination Year Two 202,814 31,344
Origination Year Three 35,688 2,340,782
Origination Year Four 2,048,287 2,958,064
Origination Year Five 2,270,295 0
Origination, Prior Years 150,079 94,529
Loans and investments, gross 4,707,163 5,504,337
Multifamily | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 11,963 658
Origination Year Three 0 159,100
Origination Year Four 90,534 206,277
Origination Year Five 453,853 0
Origination, Prior Years 0 21,700
Loans and investments, gross 556,350 387,735
Multifamily | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year One 0 12,460
Origination Year Two 9,460 0
Origination Year Three 0 193,850
Origination Year Four 148,162 159,379
Origination Year Five 82,382 14,800
Origination, Prior Years 24,565 9,765
Loans and investments, gross 264,569 390,254
Single-Family Rental | Credit risk concentration    
Loans and Investments    
Origination Year One 451,415 674,001
Origination Year Two 810,498 485,123
Origination Year Three 566,195 506,375
Origination Year Four 542,171 201,658
Origination Year Five 122,745 129,815
Origination, Prior Years 41,885 0
Loans and investments, gross $ 2,534,909 $ 1,996,972
Percentage of Portfolio 22.00% 18.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 61.00% 61.00%
Single-Family Rental | Pass | Credit risk concentration    
Loans and Investments    
Origination Year One $ 45,975 $ 246,234
Origination Year Two 9,869 32,875
Origination Year Three 0 10,683
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 0 0
Loans and investments, gross 55,844 289,792
Single-Family Rental | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One 404,415 422,063
Origination Year Two 744,505 410,419
Origination Year Three 502,436 356,567
Origination Year Four 422,438 94,503
Origination Year Five 114,016 41,848
Origination, Prior Years 41,885 0
Loans and investments, gross 2,229,695 1,325,400
Single-Family Rental | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One 1,025 0
Origination Year Two 56,124 31,043
Origination Year Three 63,759 139,125
Origination Year Four 119,733 107,155
Origination Year Five 8,729 87,967
Origination, Prior Years 0 0
Loans and investments, gross 249,370 365,290
Single-Family Rental | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year One   5,704
Origination Year Two   10,786
Origination Year Three   0
Origination Year Four   0
Origination Year Five   0
Origination, Prior Years   0
Loans and investments, gross   16,490
Land | Credit risk concentration    
Loans and Investments    
Origination Year One 0 7,282
Origination Year Two 4,519 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 3,500
Origination, Prior Years 130,219 127,928
Loans and investments, gross $ 134,738 $ 138,710
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 96.00% 96.00%
Land | Pass | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0 $ 7,282
Origination Year Two 4,519 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 0 0
Loans and investments, gross 4,519 7,282
Land | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One 0  
Origination Year Two 0  
Origination Year Three 0  
Origination Year Four 0  
Origination Year Five 0  
Origination, Prior Years 2,291  
Loans and investments, gross 2,291  
Land | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One   0
Origination Year Two   0
Origination Year Three   0
Origination Year Four   0
Origination Year Five   3,500
Origination, Prior Years   0
Loans and investments, gross   3,500
Land | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 127,928 127,928
Loans and investments, gross 127,928 127,928
Office | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 35,410
Origination, Prior Years 33,410 0
Loans and investments, gross $ 33,410 $ 35,410
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 88.00% 94.00%
Office | Pass/Watch | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0  
Origination Year Two 0  
Origination Year Three 0  
Origination Year Four 0  
Origination Year Five 0  
Origination, Prior Years 33,410  
Loans and investments, gross 33,410  
Office | Special Mention | Credit risk concentration    
Loans and Investments    
Origination Year One   $ 0
Origination Year Two   0
Origination Year Three   0
Origination Year Four   0
Origination Year Five   35,410
Origination, Prior Years   0
Loans and investments, gross   35,410
Retail | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 19,520 19,520
Loans and investments, gross $ 19,520 $ 19,520
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 88.00% 88.00%
Retail | Substandard | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0 $ 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 18,600 19,520
Loans and investments, gross 18,600 19,520
Retail | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year One 0  
Origination Year Two 0  
Origination Year Three 0  
Origination Year Four 0  
Origination Year Five 0  
Origination, Prior Years 920  
Loans and investments, gross 920  
Commercial | Credit risk concentration    
Loans and Investments    
Origination Year One 0 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 1,700 1,700
Loans and investments, gross $ 1,700 $ 1,700
Percentage of Portfolio 1.00% 1.00%
Wtd. Avg. First Dollar LTV Ratio (as percent) 0.00% 0.00%
Wtd. Avg. Last Dollar LTV Ratio (as percent) 100.00% 100.00%
Commercial | Doubtful | Credit risk concentration    
Loans and Investments    
Origination Year One $ 0 $ 0
Origination Year Two 0 0
Origination Year Three 0 0
Origination Year Four 0 0
Origination Year Five 0 0
Origination, Prior Years 1,700 1,700
Loans and investments, gross $ 1,700 $ 1,700