XML 60 R54.htm IDEA: XBRL DOCUMENT v3.24.3
Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Schedule of Mortgage Loans by Property Type and Geographic Distribution (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 7,864,803 $ 8,384,575
General CECL Allowance (34,192) (26,482)
Carrying value, net $ 7,830,611 $ 8,358,093
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 100.00% 100.00%
General CECL allowance on unfunded commitments $ 3,850 $ 4,017
United Kingdom    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 3,039,991 $ 2,675,097
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 38.60% 31.90%
New York City    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,607,723 $ 1,736,856
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 20.40% 20.70%
Other Europe    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,335,497 $ 1,686,425
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 17.00% 20.10%
Germany    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 8.00% 7.40%
Italy    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 2.30% 4.90%
Spain    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 3.40% 4.20%
Sweden    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 3.10% 2.90%
Ireland    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio   0.50%
Netherlands    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 0.20% 0.20%
Southeast    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 611,661 $ 535,054
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 7.80% 6.40%
West    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 509,901 $ 484,842
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 6.50% 5.80%
Midwest    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 408,949 $ 522,137
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 5.20% 6.20%
Other    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 351,081 $ 744,164
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 4.50% 8.90%
Percentage of Portfolio 1.20% 1.10%
Northeast    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 0.10% 5.00%
Southwest    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 1.50% 1.70%
Mid-Atlantic    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 1.70% 1.10%
Hotel    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,620,910 $ 2,128,256
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 20.60% 25.40%
Office    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,792,187 $ 1,593,320
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 22.80% 19.00%
Retail    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,454,077 $ 1,407,764
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 18.50% 16.80%
Residential    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 1,220,115 $ 1,247,238
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 15.50% 14.90%
Mixed Use    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 433,252 $ 679,303
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 5.50% 8.10%
Health Care    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 355,474 $ 511,803
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 4.50% 6.10%
Industrial Property    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 418,218 $ 293,133
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 5.30% 3.50%
Other    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Carrying Value $ 570,570 $ 523,758
Mortgage loans on real estate, commercial and consumer, percentage of portfolio 7.30% 6.20%
Pubs    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 2.90%  
Parking Garage    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio   2.30%
Caravan Park    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 2.70% 2.40%
Urban Predevelopment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Percentage of Portfolio 1.70% 1.50%