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Fair Value of Financial Instruments - Carrying Value and Estimated Fair Value of Company's Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Participations sold $ 0 $ (25,130)
Commercial Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Participations sold 0 (25,130)
Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Cash and cash equivalents 307,845 222,030
Carrying Value | Level III    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Secured debt arrangements, net (5,135,855) (5,296,825)
Debt related to real estate owned, held for investment, net (161,245) (160,294)
Participations sold 0 (25,130)
Carrying Value | Level III | Secured Debt    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (760,381) (763,813)
Carrying Value | Level III | Senior Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (495,437) (494,844)
Carrying Value | Level III | 2023 Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Notes (176,018) (229,361)
Carrying Value | Level III | Commercial Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 7,561,254 8,121,109
Carrying Value | Level III | Subordinate Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 412,777 560,881
Estimate of Fair Value Measurement    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Cash and cash equivalents 307,845 222,030
Estimate of Fair Value Measurement | Level III    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Secured debt arrangements, net (5,135,855) (5,296,825)
Debt related to real estate owned, held for investment, net (161,245) (160,294)
Participations sold 0 (25,130)
Estimate of Fair Value Measurement | Level III | Secured Debt    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (746,119) (731,709)
Estimate of Fair Value Measurement | Level III | Senior Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (378,750) (400,950)
Estimate of Fair Value Measurement | Level III | 2023 Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Notes (175,844) (225,366)
Estimate of Fair Value Measurement | Level III | Commercial Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans 7,487,855 8,083,410
Estimate of Fair Value Measurement | Level III | Subordinate Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Loans $ 412,897 $ 558,740