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Real Estate Owned - D.C. Hotel - Additional Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | May 24, 2021
Real Estate [Line Items] |  |  |  |  |  |  |
Debt related to real estate owned, held for investment, net |  | $ 235,418 |  | $ 235,418 |  | $ 161,562 |
Depreciation and amortization on real estate owned |  | 2,287 | $ 2,202 | 6,943 | $ 6,188 |  |
Real estate owned, accumulated depreciation |  | 18,541 |  | $ 18,541 |  | 10,404 |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  | Secured Overnight Financing Rate [Member] |  |  |
Debt instrument, covenant, unencumbered liquidity, threshold |  | 100,000 |  | $ 100,000 |  |  |
Debt instrument, covenant, net worth threshold |  | 600,000 |  | 600,000 |  |  |
Total net revenue |  | 4,800 | $ 5,700 | 5,900 | $ 3,800 |  |
Discontinued Operations, Held-for-Sale |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Depreciation expense |  |  |  | 4,000 |  |  |
Subordinate Mortgage Portfolio Segment |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Mortgage loans on real estate, commercial and consumer, net | [1],[2] | 384,777 |  | 384,777 |  | 432,734 |
Commercial Mortgage and Subordinated Portfolio Segment |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Mortgage loans on real estate, commercial and consumer, net |  | 8,300 |  | 8,300 |  | 95,500 |
Increase in Specific CECL Allowance, net |  |  |  | 149,500 |  |  |
Letter of Credit |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Maximum amount of borrowings |  | 388,400 |  | $ 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 |  | 163,100 |  | $ 163,100 |  | 161,600 |
Deferred financing costs |  | 2,600 |  | 2,600 |  | 3,200 |
Mezzanine Loans |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Mortgage loans on real estate, commercial and consumer, net |  | 441,100 |  | 441,100 |  | 674,500 |
Hotel - Washington D.C. |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Net assets acquired |  | 158,500 |  | $ 158,500 |  | 152,400 |
Interest rate for repurchase facility |  |  |  | 3.00% |  |  |
Debt instrument, covenant, unencumbered liquidity, threshold |  | 10,000 |  | $ 10,000 |  |  |
Debt instrument, covenant, net worth threshold |  | 200,000 |  | 200,000 |  |  |
Hotel - Washington D.C. | Building |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Real estate owned, held for investment, net |  | 79,900 |  | 79,900 |  | 80,500 |
Real estate owned, accumulated depreciation |  | 7,900 |  | 7,900 |  | 6,600 |
Hotel - Washington D.C. | Furniture Fixtures and Equipment |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Real estate owned, held for investment, net |  | 5,700 |  | 5,700 |  | 6,100 |
Real estate owned, accumulated depreciation |  | 4,600 |  | 4,600 |  | $ 3,800 |
Hotel - Washington D.C. | Subordinate Mortgage Portfolio Segment |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Debt related to real estate owned, held for investment, net |  |  |  |  |  |  | $ 110,000
Debt related to real estate owned, held for investment, gross of deferred financing costs |  | 73,700 |  | $ 73,700 |  |  |
Hotel - Washington D.C. | Letter of Credit |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Line of credit facility, option to extend, period |  |  |  | 1 year |  |  |
Hotel - Washington D.C. | Mortgages |  |  |  |  |  |  |
Real Estate [Line Items] |  |  |  |  |  |  |
Debt related to real estate owned, held for investment, net |  | 72,300 |  | $ 72,300 |  |  |
Deferred financing costs |  | $ 1,400 |  | $ 1,400 |  |  |
[1] | Includes $232,991 pledged as collateral under secured debt arrangements in 2023.
[2] | Net of $377,819 and $219,482 CECL Allowances comprised of $342,500 and $193,000 Specific CECL Allowance and $35,319 and $26,482 General CECL Allowance in 2024 and 2023, respectively.

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