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v3.25.2

Debt Obligations, Net - Narrative (Details) - USD ($) $ in Thousands | 1 Months Ended |
--- | --- | ---
Jun. 30, 2025 | Jan. 31, 2025 | Dec. 31, 2024
Debt Instrument [Line Items] |  |  |
Face amount | $ 3,762,938 |  | $ 3,482,175
Corporate Debt: | 9.0% Senior Notes | Unsecured Debt |  |  |
Debt Instrument [Line Items] |  |  |
Face amount | $ 85,000 | $ 90,000 | $ 85,000
Weighted average interest rate (as percent) | 9.00% | 9.125% | 9.00%
9.125% Senior Notes Due 2029 | Unsecured Debt | Corporate Debt: |  |  |
Debt Instrument [Line Items] |  |  |
Redemption price |  | 100.00% |
Recourse Subordinate Securities Financing Receivable | Sequoia and other third-party securities | Affiliated Entity | Unsecuritized Jumbo Loans |  |  |
Debt Instrument [Line Items] |  |  |
Long-term debt, weighted average interest rate, over time | 7.27% |  |
Recourse Subordinate Securities Financing Receivable | Sequoia and other third-party securities | Affiliated Entity | Unsecuritized Jumbo Loans | June 2027 Through July 2028 |  |  |
Debt Instrument [Line Items] |  |  |
Long-term debt, weighted average interest rate, over time | 10.27% |  |

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