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Secured Debt Arrangements, Net - Schedule of Net Income from VIE (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]    
Interest income from commercial mortgage loans $ 143,985 $ 183,716
Interest expense (105,057) (127,887)
Net interest income 39,485 56,678
General and administrative expense (6,652) (7,373)
Decrease (increase) in current expected credit loss allowance, net (4,008) (147,684)
Foreign currency translation gain (loss) 40,558 (19,563)
Net income (loss) 25,991 (104,524)
VIE    
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]    
Interest income from commercial mortgage loans 46,390 64,523
Interest expense (25,196) (36,083)
Net interest income 21,194 28,440
Decrease (increase) in current expected credit loss allowance, net 1,346 (2,565)
Foreign currency translation gain (loss) 25,633 (12,923)
Net income (loss) $ 48,173 $ 12,952