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Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Additional Information (Details)
€ in Millions, £ in Millions
 1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Sep. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2022
USD ($)
Jun. 30, 2022
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Loan
Dec. 31, 2023
GBP (£)
Loan
Dec. 31, 2022
USD ($)
Dec. 31, 2022
GBP (£)
Dec. 31, 2023
GBP (£)
Dec. 31, 2023
EUR (€)
Dec. 31, 2022
GBP (£)
Nov. 30, 2020
USD ($)
Nov. 30, 2020
GBP (£)
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, percentage of portfolio               100.00% 100.00% 100.00%              
Interest receivable   $ 58,470,000           $ 58,470,000 $ 72,354,000                
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]               Secured Overnight Financing Rate [Member]                  
Financing receivable, allowance for credit loss, aggregate reserve   30,836,000           $ 30,836,000 26,482,000                
Specific CECL allowance increased                 59,500,000                
Amortized cost of loans in cost recovery   486,800,000           486,800,000 693,700,000                
Interest received for loans in cost recovery               9,100,000 2,500,000   $ 3,200,000            
Unfunded commitments   5,948,000           5,948,000 4,017,000                
Mortgage loans on real estate, commercial and consumer, net   7,104,156,000 [1]           7,104,156,000 [1] 8,358,093,000                
Increase in Specific CECL Allowance, net                     (11,500,000)            
Write-offs, specific CECL allowance, funded               127,512,000 81,890,000                
Interest income from subordinate loans and other lending assets               3,542,000 17,280,000   55,590,000            
Payment in kind interest               0 0   10,000,000            
Proceeds from pre-payment penalties or accelerated fees               7,400,000 400,000   3,800,000            
Proceeds received from the repayment and sale of commercial mortgage loans               2,426,276,000 1,093,181,000   1,874,933,000            
Loans and leases receivable, gain (loss) on sales, net [2]               $ (128,191,000) (86,604,000)   (24,894,000)            
Sale Of Mezzanine Loan                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, net           $ 100,000,000         100,000,000            
Urban Retail                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, net                               $ 422,700,000 £ 309.2
Office - London, United Kingdom                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Proceeds from interest received                 700,000                
Office Property - New York City                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Floating rate       3.92%                          
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]       Secured Overnight Financing Rate (SOFR) [Member]                          
Fixed rate       5.00%                          
Hotel - Honolulu, Hi                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Loans and leases receivable, gain (loss) on sales, net $ (700,000)                                
Loan, mortgage, held-for-sale, price percentage       99.50%       99.50%                  
Massachusetts Healthcare                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Consideration received   133,100,000                              
Proceeds from commonwealth for hospital and distributed allocation   9,000,000                              
Equity method interest in joint venture   20,100,000           $ 20,100,000                  
Loans and leases receivable, gain (loss) on sales, net     $ (127,500,000)                            
Residential - Manhattan, NY                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Increase in Specific CECL Allowance, net                     66,500,000            
Write-offs, specific CECL allowance, funded           7,000,000 $ 7,000,000                    
Past Due 90                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Amortized cost of loans in cost recovery   486,800,000           486,800,000 693,700,000                
Promissory Note | Massachusetts Healthcare                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Consideration received   41,200,000                              
Commercial Mortgage and Subordinated Portfolio Segment                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
General CECL allowance increase (decrease)               6,300,000 (100,000)                
Increase in current expected credit loss allowance, net         $ 142,000,000     277,012,000 141,480,000                
Financing receivable, allowance for credit loss, aggregate reserve   342,500,000       133,500,000   342,500,000 193,000,000   133,500,000            
Specific CECL allowance increased               149,500,000                  
Unfunded commitments   10,600,000           10,600,000 10,600,000                
Mortgage loans on real estate, commercial and consumer, net   8,300,000           8,300,000 95,500,000                
Write-offs, specific CECL allowance, funded               $ 127,512,000 $ 81,980,000   24,900,000            
Number of commercial mortgage loans | Loan                 3 3              
Loans and leases receivable, gain (loss) on sales, net                 $ 200,000                
Commercial Mortgage and Subordinated Portfolio Segment | Various Properties In Europe                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, net                 219,000,000         € 205.7      
Mortgage loans on real estate, commercial and consumer, funded, net                 122,400,000         € 115.0      
Commercial Mortgage and Subordinated Portfolio Segment | Mixed Use Property - London                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, net           $ 327,700,000         $ 327,700,000   £ 15.0   £ 293.4    
Financing receivable, default interest rate           2.00%         2.00%       2.00%    
Proceeds received from the repayment and sale of commercial mortgage loans                 $ 18,200,000 £ 15.0              
Loans and leases receivable, gain (loss) on sales, net                     $ 0            
Off-balance-sheet credit loss liability transfers                     327,700,000 £ 293.4          
Commercial Mortgage and Subordinated Portfolio Segment | Urban Retail                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, net                               $ 338,400,000 £ 247.5
Commercial Mortgage and Subordinated Portfolio Segment | Massachusetts Healthcare                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Percentage representing original whoile loan amount     41.20%                            
Specific CECL allowance increased     $ 127,500,000                            
Specific allowance for credit loss on original loan amount     $ 378,700,000                            
Commercial Mortgage and Subordinated Portfolio Segment | Michigan Office                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Specific CECL allowance increased       $ 7,500,000 142,000,000                        
Specific allowance for credit loss reserve on amortized cost basis       7,500,000                          
Commercial Mortgage and Subordinated Portfolio Segment | Residential - Manhattan, NY                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Financing receivable, allowance for credit loss, aggregate reserve         $ 268,000,000                        
Floating Rate Loan                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, percentage of portfolio               95.00% 99.00% 99.00%              
Mezzanine Loans                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, net   721,700,000           $ 721,700,000 $ 674,500,000                
Mezzanine Loans | Residential - Manhattan, NY                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Financing receivable, allowance for credit loss, aggregate reserve   $ 268,000,000           $ 268,000,000                  
Senior and Junior Mezzanine Loans                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Mortgage loans on real estate, commercial and consumer, percentage of portfolio               10.10% 0.00% 0.00%              
Junior Mezzanine B Loan                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Increase in Specific CECL Allowance, net                     66,500,000            
Junior Mezzanine A Loan                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Increase in Specific CECL Allowance, net                 $ 126,000,000                
Mortgage, Amortized cost | Hotel - Honolulu, Hi                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Loans and leases receivable, gain (loss) on sales, net               $ (700,000)                  
Securitization Vehicle                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Interest income from subordinate loans and other lending assets                 $ 3,100,000   $ 3,600,000            
Senior Loans                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Proceeds from (repayments of) secured debt       $ 108,300,000                          
Cleveland Multifamily                                  
Accounts, Notes, Loans and Financing Receivable [Line Items]                                  
Floating rate       3.25%                          
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]       Secured Overnight Financing Rate (SOFR) [Member]                          
Fixed rate       6.00%                          
Debt instrument, extension term               2 years                  
[1] Excludes Note receivable, held for sale with an outstanding principal and carrying value of $41.2 million.
[2] During the year ended December 31, 2024, we recorded a $128.2 million net realized loss on investments, consisting of (i) a $127.5 million realized loss related to the extinguishment of the Massachusetts Healthcare Loan and (ii) a $0.7 million realized loss related to the sale of a commercial mortgage loan collateralized by a hotel property located in Honolulu, HI, which was sold at a price of 99.5%. During the year ended December 31, 2023, we recorded a $86.6 million realized loss on investments comprised of (i) a $4.8 million realized loss related to the acquisition of the Atlanta Hotel through a deed-in-lieu of foreclosure and (ii) a $82.0 million realized loss representing a write-off of previously recorded Specific CECL Allowance on one of our subordinate loans secured by an ultra-luxury residential property in Manhattan, NY. These losses were partially offset by a $0.2 million gain on investments recorded in connection with the sale of our entire interest in three commercial loans secured by properties in Europe and a partial interest in one commercial loan secured by property located in London, United Kingdom. During the year ended December 31, 2022, we recorded a $24.9 million realized loss on investments represented with a write-off of a previously recorded Specific CECL Allowance comprised of (i) a $17.9 million loss on a first mortgage loan secured by an urban predevelopment property following the sale of the underlying property, and (ii) a $7.0 million loss, related to a first mortgage secured by the Atlanta hotel in anticipation of consensual foreclosure in the first quarter of 2023.