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Secured Debt Arrangements, Net - Additional Information (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Line of Credit Facility [Line Items]          
Weighted average haircut under repurchase agreements 28.40%   28.40%    
Long-term line of credit $ 530,500,000   $ 530,500,000   $ 462,900,000
Debt instrument, covenant, interest coverage ratio, minimum 1.3   1.3    
Debt instrument covenant, debt to tangible net worth ratio maximum 4   4    
Debt instrument, covenant, debt to total assets maximum percentage 83.33%   83.33%    
Barclays Securitization | Line of Credit | VIE          
Line of Credit Facility [Line Items]          
Deferring or waiving debt service payments, term     18 months    
Revolving Credit Facility | Line of Credit          
Line of Credit Facility [Line Items]          
Debt instrument, covenant, debt to total assets maximum percentage 81.82%   81.82%    
Revolving Credit Facility | 2023 Revolving Credit Facility | Line of Credit          
Line of Credit Facility [Line Items]          
Recourse, percentage 5.00%   5.00%    
Minimum unrestricted cash $ 30,000,000   $ 30,000,000    
Net cash proceeds of additional equity issuances, amount $ 1,250,000,000   $ 1,250,000,000    
Tangible net worth, percentage 75.00%   75.00%    
Revolving Credit Facility | 2023 Revolving Credit Facility | Bank of America, N.A. | Line of Credit          
Line of Credit Facility [Line Items]          
Maximum amount of borrowings $ 160,000,000   $ 160,000,000    
Maturity term     6 months    
Line of credit facility, qualifying commercial loan borrowings, term     3 years    
Line of credit facility, real property owned asset borrowings, term     2 years    
Long-term line of credit 37,500,000   $ 37,500,000   $ 0
Line of credit facility, commitment fee amount 63,000 $ 77,100 143,000 $ 110,700  
Line of credit facility, periodic payment, interest 600,000 $ 400,000 600,000 $ 2,300,000  
JP Morgan Facility | Line of Credit          
Line of Credit Facility [Line Items]          
Line of credit facility, increase (decrease), net     500,000,000    
Barclays Facility | Line of Credit          
Line of Credit Facility [Line Items]          
Line of credit facility, increase (decrease), net     276,600,000    
Secured Credit Facility with Morgan Stanley and Barclays | Line of Credit          
Line of Credit Facility [Line Items]          
Maximum amount of borrowings $ 1,100,000,000   $ 1,100,000,000