XML 89 R78.htm IDEA: XBRL DOCUMENT v3.25.3
Real Estate Securities - Schedule of Carrying Value of AFS Securities by Type (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Debt and Equity Securities, FV-NI [Line Items]            
Amortized cost $ 259,915   $ 191,438      
Gross unrealized gains 29,104   26,631      
Gross unrealized losses (3,852)   (5,674)      
Allowance for credit losses (795) $ (839) (921) $ (867) $ (1,339) $ (2,482)
AFS 284,372   211,474      
Senior            
Debt and Equity Securities, FV-NI [Line Items]            
Amortized cost 0   39,135      
Gross unrealized gains 0   230      
Gross unrealized losses 0   0      
Allowance for credit losses 0   0      
AFS 0   39,365      
Mezzanine            
Debt and Equity Securities, FV-NI [Line Items]            
Amortized cost 0   31,250      
Gross unrealized gains 0   668      
Gross unrealized losses 0   (51)      
Allowance for credit losses 0   0      
AFS 0   31,867      
Subordinate            
Debt and Equity Securities, FV-NI [Line Items]            
Amortized cost 259,915   121,053      
Gross unrealized gains 29,104   25,733      
Gross unrealized losses (3,852)   (5,623)      
Allowance for credit losses (795)   (921)      
AFS $ 284,372   $ 140,242