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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, 2024
Dec. 31, 2023
Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Cash and cash equivalents $ 194,287 $ 225,438
Carrying Value | Level III    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Secured debt arrangements, net (5,513,945) (5,538,476)
Debt related to real estate owned, held for investment, net (278,837) (161,586)
Carrying Value | Level III | Secured Debt    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (755,441) (759,150)
Carrying Value | Level III | Senior Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (496,233) (495,637)
Carrying Value | Level III | Commercial Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Commercial mortgage loans, net 7,456,389 7,925,359
Carrying Value | Level III | Subordinate Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Commercial mortgage loan, held for sale 374,222 432,734
Estimate of Fair Value Measurement    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Cash and cash equivalents 194,287 225,438
Estimate of Fair Value Measurement | Level III    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Secured debt arrangements, net (5,513,945) (5,538,476)
Debt related to real estate owned, held for investment, net (278,837) (161,586)
Estimate of Fair Value Measurement | Level III | Secured Debt    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (748,643) (754,197)
Estimate of Fair Value Measurement | Level III | Senior Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (446,250) (418,750)
Estimate of Fair Value Measurement | Level III | Commercial Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Commercial mortgage loans, net 7,373,832 7,813,304
Estimate of Fair Value Measurement | Level III | Subordinate Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Commercial mortgage loan, held for sale $ 374,222 $ 432,458