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Secured Debt Arrangements, Net - Schedule of Net Income from VIE (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]            
Interest income from commercial mortgage loans $ 166,691   $ 179,388   $ 310,676 $ 363,104
Interest expense (124,178)   (128,472)   (229,235) (256,359)
Net interest income 43,070   51,758   82,555 108,436
General and administrative expense (6,561)   (7,488)   (13,213) (14,861)
Decrease (increase) in current expected credit loss allowance, net (3,113)   (10,258)   (7,121) (157,942)
Foreign currency translation gain (loss) 73,705   (1,362)   114,263 (20,925)
Net income (loss) 20,739 $ 25,991 35,785 $ (104,524) 46,730 (68,739)
VIE            
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]            
Interest income from commercial mortgage loans 49,050   63,596   95,440 128,119
Interest expense (27,378)   (36,019)   (52,574) (72,102)
Net interest income 21,672   27,577   42,866 56,017
General and administrative expense (163)   (2)   (163) (2)
Decrease (increase) in current expected credit loss allowance, net (293)   (1,574)   1,053 (4,139)
Foreign currency translation gain (loss) 43,437   (487)   69,070 (13,410)
Net income (loss) $ 64,653   $ 25,514   $ 112,826 $ 38,466