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Real Estate Owned - Brooklyn Development (Details) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Aug. 03, 2022

Mar. 31, 2024

Mar. 31, 2023

Jun. 30, 2022

Jun. 30, 2021

Dec. 31, 2023

Dec. 31, 2020

Jun. 30, 2020

Dec. 31, 2015

Real Estate [Line Items]

Debt related to real estate owned, held for investment, net

$ 161,878

$ 161,562

Increase in Specific CECL Allowance, net

$ 10,000

$ (20,000)

Valuation allowance, loan held for sale

0

$ (4,624)

Debt instrument, covenant, unencumbered liquidity, threshold

100,000

Debt instrument, covenant, net worth threshold

600,000

Interest rate cap

Real Estate [Line Items]

Aggregate Notional Amount (in thousands)

$ 1,100

Interest rate cap | Not Designated as Hedging Instrument

Real Estate [Line Items]

Aggregate Notional Amount (in thousands)

164,835

164,835

Derivative Financial Instruments, Assets | Interest rate cap | Not Designated as Hedging Instrument

Real Estate [Line Items]

Aggregate Notional Amount (in thousands)

$ 1,200

Secured Overnight Financing Rate

Real Estate [Line Items]

Interest rate for repurchase facility

2.55%

Letter of Credit

Real Estate [Line Items]

Maximum amount of borrowings

$ 388,400

Line of credit facility, option to extend, period

1 year

Mortgages

Real Estate [Line Items]

Debt related to real estate owned, held for investment, net

$ 161,900

161,600

Less: deferred financing costs

3,000

3,200

JV Partner

Real Estate [Line Items]

Financing receivable, loan in process

$ 164,800

JV Partner | Joint venture

Real Estate [Line Items]

Equity method investment, ownership percentage

100.00%

Subordinate Mortgage Portfolio Segment

Real Estate [Line Items]

Mortgage loans on real estate, commercial and consumer, net

^[1],[2]

303,965

432,734

Multifamily Development - Brooklyn, NY | Subordinate Mortgage Portfolio Segment

Real Estate [Line Items]

Debt related to real estate owned, held for investment, net

$ 122,200

Increase in Specific CECL Allowance, net

$ (30,000)

Deed-In-Lieu Of Foreclosure

Real Estate [Line Items]

Mortgage loans on real estate, commercial and consumer, net

$ 226,500

411,700

374,200

Real estate investment property, net

270,100

Valuation allowance, loan held for sale

$ 43,600

Financing receivable, construction and finance costs capitalized

37,500

13,900

Construction costs

$ 190,400

$ 152,900

[1]	Includes $246,725 and $232,991 pledged as collateral under secured debt arrangements in 2024 and 2023, respectively.
[2]	Net of $367,558 and $219,482 CECL Allowances comprised of $335,000 and $193,000 Specific CECL Allowance and $32,558    and $26,482 General CECL Allowance in 2024 and 2023, respectively.

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