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Secured Debt Arrangements, Net - Schedule of Net Income from VIE (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]            
Interest income from commercial mortgage loans $ 179,388   $ 174,124   $ 363,104 $ 340,271
Interest expense (128,472)   (116,278)   (256,359) (221,146)
Net interest income 51,758   62,956   108,436 133,942
General and administrative expense 7,488   7,471   14,861 14,486
Decrease (increase) in current expected credit loss allowance, net (10,258)   (61,648)   (157,942) (66,038)
Foreign currency translation gain (loss) (1,362)   21,557   (20,925) 40,191
Net income (loss) 35,785 $ (104,524) (83,400) $ 48,916 (68,739) (34,484)
VIE            
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]            
Interest income from commercial mortgage loans 63,596   52,781   128,119 99,758
Interest expense (36,019)   (27,241)   (72,102) (50,374)
Net interest income 27,577   25,540   56,017 49,384
General and administrative expense 2   7   2 7
Decrease (increase) in current expected credit loss allowance, net (1,574)   (774)   (4,139) (575)
Foreign currency translation gain (loss) (487)   10,709   (13,410) 20,711
Net income (loss) $ 25,514   $ 35,468   $ 38,466 $ 69,513