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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 6 Months Ended
May 24, 2021
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Jun. 30, 2023
Jun. 30, 2022
Principal Balance                
Principal value, beginning balance             $ 8,708,214  
Principal value, ending balance   $ 8,327,704 $ 8,708,214       8,327,704  
Deferred Fees/Other Items                
Net realized loss on investment             (763)  
Specific CECL Allowance                
Specific provision for loan loss, beginning             (133,500)  
Specific provision for loan loss, ending   (193,000) (133,500)       (193,000)  
Carry Value, Net                
Increase in Specific CECL Allowance, net $ (10,000)     $ 10,000   $ (20,000)    
Net realized loss on investment   (81,980)   0     (86,604) $ 0
General CECL allowance   (32,276) (26,224)       (32,276)  
Carrying value, net   8,295,428 8,681,990       8,295,428  
Off-balance-sheet, credit loss, liability, amount excluded   4,800 4,300       4,800  
Commercial Mortgage and Subordinated Portfolio Segment                
Principal Balance                
Principal value, beginning balance             8,892,767  
New funding of loans             181,017  
Add-on loan fundings             244,881  
Loan repayments and sales             (734,647)  
Gain (loss) on foreign currency translation             137,421  
Net realized loss on investment             (87,367)  
Transfer to real estate owned             (75,000)  
Payment-in-kind interest and amortization of fees             0  
Principal value, ending balance   8,559,072 8,892,767       8,559,072  
Deferred Fees/Other Items                
Deferred fees/other items, beginning             (51,053)  
Gain (loss) on foreign currency translation             (737)  
Transfer to real estate owned             0  
Deferred fees and other items             (4,940)  
Payment-in-kind interest and amortization of fees             17,599  
Deferred fees/other items, ending   (38,368) (51,053)       (38,368)  
Specific CECL Allowance                
Specific provision for loan loss, beginning   (133,500)   (175,000) $ (145,000)   (133,500) (145,000)
Specific provision for loan loss, ending   (193,000) (133,500) $ (172,000) $ (175,000)   (193,000) $ (172,000)
Carry Value, Net                
Carrying value, beginning balance             8,708,214  
New funding of loans             181,017  
Add-on loan fundings             244,881  
Loan repayments and sales             (734,647)  
Gain (loss) on foreign currency translation             136,684  
Increase in Specific CECL Allowance, net             (59,500)  
Transfer to real estate owned, held for sale             (75,000)  
Deferred fees and other items             (4,940)  
Payment-in-kind interest and amortization of fees             17,599  
Carrying value, ending balance   8,327,704 8,708,214       8,327,704  
Carrying value, net   $ 124,700 $ 138,300       $ 124,700