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Loans and Investments - Schedule of Allowance for Credit Losses (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
loan
Jun. 30, 2024
USD ($)
Allowance for credit losses:        
Allowance for credit losses, beginning balance $ 240,937 $ 211,942 $ 238,967 $ 195,664
Provision for credit losses (net of recoveries) 17,484 27,469 23,454 45,247
Charge-offs (15,143) (488) (19,143) (1,988)
Allowance for credit losses, ending balance $ 243,278 238,923 $ 243,278 238,923
Number of loans charged-off with underlying collateral as real estate owned | loan 2   3  
Multifamily        
Allowance for credit losses:        
Allowance for credit losses, beginning balance $ 150,911 125,999 $ 148,139 110,847
Provision for credit losses (net of recoveries) 16,552 25,849 23,324 42,501
Charge-offs (15,143) (488) (19,143) (1,988)
Allowance for credit losses, ending balance 152,320 151,360 152,320 151,360
Land        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 78,000 78,120 78,130 78,058
Provision for credit losses (net of recoveries) 190 330 60 392
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 78,190 78,450 78,190 78,450
Single-Family Rental        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 6,524 2,737 7,524 1,624
Provision for credit losses (net of recoveries) 788 1,176 (212) 2,289
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 7,312 3,913 7,312 3,913
Retail        
Allowance for credit losses:        
Allowance for credit losses, beginning balance 3,293 3,293 3,293 3,293
Provision for credit losses (net of recoveries) 0 0 0 0
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance 3,293 3,293 3,293 3,293
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 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 509 93 181 142
Provision for credit losses (net of recoveries) (46) 114 282 65
Charge-offs 0 0 0 0
Allowance for credit losses, ending balance $ 463 $ 207 $ 463 $ 207