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Fair Value of Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Carrying Value and Estimated Fair Value of Company's Financial Instruments
The following table presents the carrying value and estimated fair value of our financial instruments not carried at fair value on our condensed consolidated balance sheets at March 31, 2024 and December 31, 2023 ($ in thousands):
March 31, 2024December 31, 2023
 Carrying
Value		Estimated
Fair Value		Carrying
Value		Estimated
Fair Value
Cash and cash equivalents$161,190 $161,190 $225,438 $225,438 
Commercial mortgage loans, net7,846,460 7,722,188 7,925,359 7,813,304 
Subordinate loans, net303,965 303,909 432,734 432,458 
Secured debt arrangements, net(5,596,967)(5,596,967)(5,538,476)(5,538,476)
Term loans, net(757,912)(761,099)(759,150)(754,197)
Senior secured notes, net(495,835)(418,125)(495,637)(418,750)
Debt related to real estate owned, held for investment, net(161,878)(161,878)(161,586)(161,586)