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Secured Debt Arrangements, Net - Schedule of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 166,424 $ 317,396
Carrying value, net 7,687,086 7,104,156
Other assets 97,945 138,027
Total Assets 8,784,193 8,411,591
Liabilities:    
Total Liabilities 6,923,585 6,537,110
VIE    
Assets:    
Cash and cash equivalents 346 150
Carrying value, net 2,286,542 2,171,277
Other assets 26,845 29,179
Total Assets 2,313,733 2,200,606
Liabilities:    
Secured debt arrangements, net (net of deferred financing costs of $0.8 million and $1.1 million in 2025 and 2024, respectively) 1,666,484 1,586,680
Accounts payable, accrued expenses and other liabilities 7,207 10,519
Total Liabilities $ 1,673,691 $ 1,597,199