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Loans Held for Investment at Amortized Cost and Loans Held for Investment at Fair Value - Summary of Loans Held for Investment (Details) - USD ($) $ in Thousands | Jun. 30, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Jun. 30, 2025 | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | --- | --- | --- | --- | ---
Accounts Notes And Loans Receivable [Line Items] |  |  |  |  |  |
Allowance for loan losses | $ (5,102) | $ (4,860) | $ (4,521) | $ (4,882) | $ (5,017) | $ (4,174)
Loans At Amortized Cost Held For Investment |  |  |  |  |  |
Accounts Notes And Loans Receivable [Line Items] |  |  |  |  |  |
Unpaid principal balance | 1,810,757 |  | 2,013,514 |  |  |
Deferred loan origination costs, net | 17,384 |  | 19,269 |  |  |
Total, gross | 1,828,141 |  | 2,032,783 |  |  |
Allowance for loan losses | (5,102) |  | (4,521) |  |  |
Total loans held for investment | 1,823,039 |  | 2,028,262 |  |  |
Loans At Fair Value Held For Investment |  |  |  |  |  |
Accounts Notes And Loans Receivable [Line Items] |  |  |  |  |  |
Unpaid principal balance | 5,175,134 |  | 4,477,824 |  |  |
Valuation adjustments on performing FVO loans | 310,104 |  | 300,344 |  |  |
Valuation adjustments on nonperforming FVO loans | (24,716) |  | (48,299) |  |  |
Total, gross | 5,460,522 |  | 4,729,869 |  |  |
Total loans held for investment | 5,460,522 |  | 4,729,869 |  |  |
Total Loans Held For Investment |  |  |  |  |  |
Accounts Notes And Loans Receivable [Line Items] |  |  |  |  |  |
Unpaid principal balance | 6,985,891 |  | 6,491,338 |  |  |
Valuation adjustments on performing FVO loans | 310,104 |  | 300,344 |  |  |
Valuation adjustments on nonperforming FVO loans | (24,716) |  | (48,299) |  |  |
Deferred loan origination costs, net | 17,384 |  | 19,269 |  |  |
Total, gross | 7,288,663 |  | 6,762,652 |  |  |
Allowance for loan losses | (5,102) |  | (4,521) |  |  |
Total loans held for investment | $ 7,283,561 |  | $ 6,758,131 |  |  |

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