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Debt Obligations - Schedule of Collateralized Loan Obligations (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
loan
Mar. 31, 2026
USD ($)
loan
Dec. 31, 2025
USD ($)
loan
Debt Obligations      
Debt, Carrying Value $ 3,931,468 $ 3,931,468 $ 3,468,258
Debt, Wtd. Avg. Rate 6.07% 6.07%  
Total securitized debt      
Debt Obligations      
Debt, face value $ 3,953,223 $ 3,953,223 3,485,786
Debt, Carrying Value $ 3,931,468 $ 3,931,468 $ 3,468,258
Debt, Wtd. Avg. Rate 5.73% 5.73% 5.81%
Collateral, Loans, UPB $ 4,755,100 $ 4,755,100 $ 4,565,353
Collateral, Loans, Carrying Value 4,745,865 4,745,865 4,557,631
Collateral, Cash, Restricted Cash $ 309,693 $ 309,693 $ 21,469
Weighted average note rate including certain fees and costs, percentage 5.96% 5.96% 6.07%
Collateralized loan obligations      
Debt Obligations      
Debt, face value $ 3,953,223 $ 3,953,223 $ 3,485,786
Debt, Carrying Value $ 3,931,468 $ 3,931,468 $ 3,468,258
Debt, Wtd. Avg. Rate 5.73% 5.73% 5.81%
Collateral, Loans, UPB $ 4,730,150 $ 4,730,150 $ 4,514,753
Collateral, Loans, Carrying Value 4,720,915 4,720,915 4,507,031
Collateral, Cash, Restricted Cash 309,693 309,693 21,469
Deferred financing fees $ 21,800 $ 21,800 $ 17,500
Number of loans under the loan portfolio | loan 32 32 39
Collateral at risk $ 1,390,000 $ 1,390,000 $ 1,690,000
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations   10,900 10,100
CLO 21      
Debt Obligations      
Debt, face value 673,990 673,990  
Debt, Carrying Value $ 667,860 $ 667,860  
Debt, Wtd. Avg. Rate 5.47% 5.47%  
Collateral, Loans, UPB $ 655,335 $ 655,335  
Collateral, Loans, Carrying Value 652,162 652,162  
Collateral, Cash, Restricted Cash $ 100,000 $ 100,000  
Weighted average note rate including certain fees and costs, percentage 1.73% 1.73%  
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations $ 100,000    
CLO 20      
Debt Obligations      
Debt, face value 933,187 $ 933,187 933,187
Debt, Carrying Value $ 925,169 $ 925,169 $ 924,504
Debt, Wtd. Avg. Rate 5.48% 5.48% 5.50%
Collateral, Loans, UPB $ 971,081 $ 971,081 $ 1,045,664
Collateral, Loans, Carrying Value 966,871 966,871 1,040,984
Collateral, Cash, Restricted Cash 75,192 75,192 0
BTR CLO 1      
Debt Obligations      
Debt, face value 567,121 567,121 525,304
Debt, Carrying Value $ 559,749 $ 559,749 $ 517,395
Debt, Wtd. Avg. Rate 6.22% 6.22% 6.29%
Collateral, Loans, UPB $ 688,888 $ 688,888 $ 685,746
Collateral, Loans, Carrying Value 687,341 687,341 683,807
Collateral, Cash, Restricted Cash 266 266 0
CLO 18      
Debt Obligations      
Debt, face value 878,266 878,266 971,595
Debt, Carrying Value $ 878,030 $ 878,030 $ 970,979
Debt, Wtd. Avg. Rate 5.88% 5.88% 6.01%
Collateral, Loans, UPB $ 1,240,919 $ 1,240,919 $ 1,339,523
Collateral, Loans, Carrying Value 1,240,675 1,240,675 1,338,395
Collateral, Cash, Restricted Cash 30,000 30,000 21,469
CLO 17      
Debt Obligations      
Debt, face value 900,659 900,659 1,055,700
Debt, Carrying Value $ 900,660 $ 900,660 $ 1,055,380
Debt, Wtd. Avg. Rate 5.73% 5.73% 5.66%
Collateral, Loans, UPB $ 1,173,927 $ 1,173,927 $ 1,443,820
Collateral, Loans, Carrying Value 1,173,866 1,173,866 1,443,845
Collateral, Cash, Restricted Cash 104,235 104,235 0
Q Series securitization      
Debt Obligations      
Debt, face value 0 0 0
Debt, Carrying Value $ 0 $ 0 $ 0
Debt, Wtd. Avg. Rate 0.00% 0.00% 0.00%
Collateral, Loans, UPB $ 24,950 $ 24,950 $ 50,600
Collateral, Loans, Carrying Value 24,950 24,950 50,600
Collateral, Cash, Restricted Cash $ 0 $ 0 $ 0