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Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Schedule of Activity Relating to Loan Portfolio (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Principal Balance      
Principal value, beginning balance $ 8,384,575    
New loan fundings 1,244,414 $ 456,167 $ 3,027,742
Gain (loss) on foreign currency translation (133,477) 175,707 (356,436)
Principal value, ending balance 7,134,992 [1],[2] 8,384,575  
Specific CECL Allowance      
Specific provision for loan loss, beginning (26,482)    
Specific provision for loan loss, ending (30,836) (26,482)  
Carry Value, Net      
New loan fundings 1,244,414 456,167 3,027,742
Valuation allowance, loan held for sale (128,191) (86,604) 18,683
General CECL allowance (30,836) [1],[3] (26,482)  
Carrying value, net 7,145,356 8,358,093  
Commercial Mortgage and Subordinated Portfolio Segment      
Principal Balance      
Principal value, beginning balance 8,610,110    
New loan fundings 1,285,614    
Add-on loan fundings 627,378    
Loan repayments and sale (2,541,740)    
Gain (loss) on foreign currency translation (133,973)    
Transfer to Other Assets (159,667)    
Valuation allowance, loan held for sale (137,312)    
Principal value, ending balance 7,550,410 8,610,110  
Deferred Fees/Other Items      
Deferred fees/other items, beginning (32,535)    
Gain (loss) on foreign currency translation 496    
Valuation allowance, loan held for sale 9,121    
Deferred fees and other items (39,554)    
Amortization of fees 30,754    
Deferred fees/other items, ending (31,718) (32,535)  
Specific CECL Allowance      
Specific provision for loan loss, beginning (193,000) (133,500)  
Increase in Specific CECL Allowance, net (149,500)    
Specific provision for loan loss, ending (342,500) (193,000) $ (133,500)
Carry Value, Net      
Carrying value, beginning balance 8,384,575    
New loan fundings 1,285,614    
Add-on loan fundings 627,378    
Loan repayments (2,541,740)    
Gain (loss) on foreign currency translation (133,477)    
Increase in Specific CECL Allowance, net (149,500)    
Transfer to Other Assets (159,667)    
Valuation allowance, loan held for sale (128,191)    
Deferred fees and other items (39,554)    
Amortization of fees 30,754    
Carrying value, ending balance $ 7,176,192 $ 8,384,575  
[1] Excludes Note receivable, held for sale with an outstanding principal and carrying value of $41.2 million.
[2] The aggregate cost for U.S. federal income tax purposes is $7.4 billion.
[3] Excludes $5.9 million of General CECL Allowance related to unfunded commitments on commercial mortgage loans, subordinate loans and other lending assets, net in 2024.