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Secured Debt Arrangements, Net - Schedule of Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 177,623 $ 317,396
Carrying value, net 8,624,910 7,104,156
Other assets 168,636 138,027
Total Assets 9,816,957 8,411,591
Liabilities:    
Total Liabilities 7,970,571 6,537,110
VIE    
Assets:    
Cash and cash equivalents 9,268 150
Carrying value, net 2,450,651 2,171,277
Other assets 34,652 29,179
Total Assets 2,494,571 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) 1,836,475 1,586,680
Accounts payable, accrued expenses and other liabilities 11,392 10,519
Total Liabilities $ 1,847,867 $ 1,597,199