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Fair Value of Financial Instruments - Carrying Value and Estimated Fair Value of Company's Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Carrying Value    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Cash and cash equivalents $ 317,396 $ 225,438
Carrying Value | Level III    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Subordinate loans, net 388,809 432,734
Secured debt arrangements, net (4,814,973) (5,538,476)
Debt related to real estate owned, held for investment, net (324,587) (161,586)
Carrying Value | Level III | Secured Debt    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (754,210) (759,150)
Carrying Value | Level III | Senior Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (496,433) (495,637)
Carrying Value | Level III | Commercial Mortgage Portfolio Segment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Commercial mortgage loans, net 6,715,347 7,925,359
Estimate of Fair Value Measurement    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Cash and cash equivalents 317,396 225,438
Estimate of Fair Value Measurement | Level III    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Subordinate loans, net 388,780 432,458
Secured debt arrangements, net (4,814,973) (5,538,476)
Debt related to real estate owned, held for investment, net (324,587) (161,586)
Estimate of Fair Value Measurement | Level III | Secured Debt    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (757,772) (754,197)
Estimate of Fair Value Measurement | Level III | Senior Notes    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Term loans, net (432,500) (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 $ 6,616,694 $ 7,813,304