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Secured Debt Arrangements, Net - Schedule of Net Income from VIE (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 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 $ 155,317     $ 179,921     $ 465,993 $ 543,025
Interest expense (115,368)     (134,088)     (344,603) (390,447)
Net interest income 40,035     47,043     122,590 155,479
General and administrative expense (6,651)     (7,547)     (19,864) (22,408)
Decrease (increase) in current expected credit loss allowance, net 6,366     899     (755) (157,043)
Foreign currency translation gain (loss) (16,940)     60,102     97,323 39,177
Net income (loss) 50,791 $ 20,739 $ 25,991 (91,549) $ 35,785 $ (104,524) 97,521 (160,288)
VIE                
Securitization or Asset-backed Financing Arrangement, Financial Asset for which Transfer is Accounted as Sale [Line Items]                
Interest income from commercial mortgage loans 43,479     69,455     138,919 197,574
Interest expense (24,436)     (39,343)     (77,010) (111,445)
Net interest income 19,043     30,112     61,909 86,129
General and administrative expense (163)     (4)     (326) (6)
Decrease (increase) in current expected credit loss allowance, net 1,634     (176)     2,687 (4,315)
Foreign currency translation gain (loss) (9,342)     38,209     59,728 24,799
Net income (loss) $ 11,172     $ 68,141     $ 123,998 $ 106,607