XML 68 R61.htm IDEA: XBRL DOCUMENT
v3.25.3

Real Estate Owned, Net - Additional Information (Details) - USD ($) $ in Millions | Sep. 30, 2025 | Dec. 31, 2024
--- | --- | ---
Real Estate Owned, Disclosure of Detailed Components [Abstract] |  |
Carrying value of real estate owned | $ 113.7 | $ 68.0
Real estate owned collateral pledged | $ 113.7 | 10.2
Real estate owned collateral pledged for securitized debt |  | $ 57.8

X
- Definition Carrying amount of other real estate not separately disclosed, including, but not limited to, real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. This does not include real estate assets taken in settlement of troubled loans through surrender or foreclosure. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 + Details
Name: | us-gaap_OtherRealEstate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_RealEstateOwnedDisclosureOfDetailedComponentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Real estate owned collateral pledged + References No definition available. + Details
Name: | vel_RealEstateOwnedCollateralPledged
Namespace Prefix: | vel_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Real estate owned collateral pledged for securitized debt. + References No definition available. + Details
Name: | vel_RealEstateOwnedCollateralPledgedForSecuritizedDebt
Namespace Prefix: | vel_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant