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Commercial Mortgage Loans, Subordinate Loans and Other Lending Assets, Net - Schedule of Overall Statistics for Loan Portfolio (Details)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
Loan
Dec. 31, 2024
USD ($)
Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Number of loans | Loan 53 45
Number of loans | Loan 54 46
Principal balance $ 8,663,758 $ 7,134,992
Carrying value, net 8,664,874 7,145,356
Unfunded loan commitments $ 1,018,901 $ 840,627
Weighted-average cash coupon 7.20% 7.50%
Weighted-average remaining fully-extended term 2 years 8 months 12 days 2 years 6 months
Weighted-average expected term 2 years 1 year 10 months 24 days
Principal Balance    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Principal balance $ 9,095,527 $ 7,550,410