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Secured Debt Arrangements, Net - Schedule of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents $ 317,396 $ 225,438
Carrying value, net 7,104,156 [1] 8,358,093
Other assets 138,027 85,623
Total Assets 8,411,591 9,296,730
Liabilities:    
Total Liabilities 6,537,110 7,087,997
VIE    
Assets:    
Cash and cash equivalents 150 924
Carrying value, net 2,171,277 2,903,186
Other assets 29,179 41,180
Total Assets 2,200,606 2,945,290
Liabilities:    
Secured debt arrangements, net (net of deferred financing costs of $1.1 million and $2.0 million in 2024 and 2023, respectively) 1,586,680 2,155,197
Accounts payable, accrued expenses and other liabilities 10,519 9,083
Total Liabilities $ 1,597,199 $ 2,164,280
[1] Excludes Note receivable, held for sale with an outstanding principal and carrying value of $41.2 million.