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Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Activity Relating to Loan Investment Portfolio (Details) - USD ($) $ in Thousands |  | 3 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
May 24, 2021 | Dec. 31, 2021 | Jun. 30, 2021 | Dec. 31, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2021 | Mar. 31, 2021 | Sep. 30, 2020
Principal Balance |  |  |  |  |  |  |  |  |  |  |  |
Gain (loss) on foreign currency translation |  |  |  |  |  |  | $ (93,241) | $ 80,618 |  |  |  |
Deferred Fees/Other Items |  |  |  |  |  |  |  |  |  |  |  |
Transfer to real estate owned |  |  |  |  |  |  | 159 |  |  |  |  |
Specific CECL Allowance |  |  |  |  |  |  |  |  |  |  |  |
Specific provision for loan loss, beginning |  |  |  |  |  |  | (175,000) |  |  |  |  |
Specific provision for loan loss, ending |  | $ (145,000) |  | $ (175,000) |  |  | (145,000) | (175,000) |  |  |  |
Carrying Value, Net(2) |  |  |  |  |  |  |  |  |  |  |  |
Carrying value, beginning balance |  |  |  |  |  |  | 6,535,079 |  |  |  |  |
Reversal of Specific CECL Allowance | $ 10,000 |  |  |  |  |  | (30,000) | 118,019 | $ 13,000 |  |  |
Realized loss on investment |  |  |  |  |  |  | 20,767 | 42,465 |  |  |  |
Transfer to real estate owned, held for sale |  |  |  |  |  |  | (45,289) | (12,255) |  |  |  |
Carrying value, ending balance |  | 7,890,848 |  | 6,535,079 |  |  | 7,890,848 | 6,535,079 |  |  |  |
General CECL allowance |  | (33,588) |  | (38,102) |  |  | (33,588) | (38,102) |  |  |  |
Carrying value, net |  | 7,857,260 |  | 6,496,977 |  |  | 7,857,260 | 6,496,977 |  |  |  |
General CECL Allowance on unfunded commitments |  | 3,106 | $ 2,444 | 3,365 | $ 4,119 | $ 6,059 | 3,106 | 3,365 | 0 | $ 2,193 | $ 3,794 | $ 3,595
Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |  |  |  |  |  |
Principal Balance |  |  |  |  |  |  |  |  |  |  |  |
Principal balance, beginning |  |  |  |  |  |  | 6,728,424 |  |  |  |  |
New loan fundings |  |  |  |  |  |  | 2,812,087 |  |  |  |  |
Add-on loan fundings |  |  |  |  |  |  | 521,975 |  |  |  |  |
Loan repayments and sales |  |  |  |  |  |  | (1,881,211) |  |  |  |  |
Gain (loss) on foreign currency translation |  |  |  |  |  |  | (94,205) |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  | (20,630) |  |  |  |  |
Transfer to real estate owned |  |  |  |  |  |  | (45,448) |  |  |  |  |
PIK interest and amortization of fees |  |  |  |  |  |  | 51,385 |  |  |  |  |
Principal balance, ending |  | 8,072,377 |  | 6,728,424 |  |  | 8,072,377 | 6,728,424 |  |  |  |
Deferred Fees/Other Items |  |  |  |  |  |  |  |  |  |  |  |
Deferred fees/other items, beginning |  |  |  |  |  |  | (18,345) |  |  |  |  |
Gain (loss) on foreign currency translation |  |  |  |  |  |  | 964 |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  | (137) |  |  |  |  |
Deferred fees and other items |  |  |  |  |  |  | (42,911) |  |  |  |  |
PIK interest and amortization of fees |  |  |  |  |  |  | 23,741 |  |  |  |  |
Deferred fees/other items, ending |  | (36,529) |  | (18,345) |  |  | (36,529) | (18,345) |  |  |  |
Specific CECL Allowance |  |  |  |  |  |  |  |  |  |  |  |
Specific provision for loan loss, beginning |  | (145,000) | (175,000) | (196,931) | (206,981) | (56,981) | (175,000) | (56,981) |  |  |  |
Specific provision for loan loss, ending |  | (145,000) | $ (145,000) | (175,000) | $ (197,481) | $ (206,981) | (145,000) | (175,000) | $ (56,981) |  |  |
Carrying Value, Net(2) |  |  |  |  |  |  |  |  |  |  |  |
Carrying value, beginning balance |  |  |  |  |  |  | 6,535,079 |  |  |  |  |
New loan fundings |  |  |  |  |  |  | 2,812,087 |  |  |  |  |
Add-on loan fundings |  |  |  |  |  |  | 521,975 |  |  |  |  |
Loan repayments and sales |  |  |  |  |  |  | (1,881,211) |  |  |  |  |
Gain (loss) on foreign currency translation |  |  |  |  |  |  | (93,241) |  |  |  |  |
Reversal of Specific CECL Allowance |  |  |  |  |  |  | 30,000 |  |  |  |  |
Realized loss on investment |  |  |  |  |  |  | (20,767) |  |  |  |  |
Deferred fees and other items |  |  |  |  |  |  | (42,911) |  |  |  |  |
PIK interest and amortization of fees |  |  |  |  |  |  | 75,126 |  |  |  |  |
Carrying value, ending balance |  | 7,890,848 |  | 6,535,079 |  |  | 7,890,848 | 6,535,079 |  |  |  |
Carrying value, net |  | $ 97,800 |  | $ 136,100 |  |  | $ 97,800 | $ 136,100 |  |  |  |

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