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Loans and Investments - Schedule of Impaired Loans (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
loan
Dec. 31, 2025
USD ($)
loan
Loans and Investments    
UPB $ 337,364 $ 384,930
Carrying Value 334,679 382,190
Allowance for Credit Losses $ 31,565 $ 43,090
Wtd. Avg. First Dollar LTV Ratio 0 0
Wtd. Avg. Last Dollar LTV Ratio 0.96 0.96
Number of impaired loans (less unearned revenue and other holdbacks and adjustments) by asset class | loan 17 20
Multifamily    
Loans and Investments    
UPB $ 318,709 $ 366,275
Carrying Value 316,068 363,635
Allowance for Credit Losses $ 26,962 $ 38,487
Wtd. Avg. First Dollar LTV Ratio 0 0
Wtd. Avg. Last Dollar LTV Ratio 0.96 0.96
Retail    
Loans and Investments    
UPB $ 16,955 $ 16,955
Carrying Value 16,911 16,855
Allowance for Credit Losses $ 2,903 $ 2,903
Wtd. Avg. First Dollar LTV Ratio 0 0
Wtd. Avg. Last Dollar LTV Ratio 0.97 0.97
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 0
Wtd. Avg. Last Dollar LTV Ratio 1 1