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Fair Value Measurements - Roll-forward of Loans Held for Investment, Held for Sale, Securitized Debt Measured and Retained Securities at Estimated Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]        
Beginning balance     $ 0  
Ending balance $ 29,924   29,924  
Loans Held For Investment        
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]        
Beginning balance 5,154,508 $ 3,287,188 4,729,869 $ 2,766,951
Originations 586,319 684,465 1,223,465 1,320,002
Loans liquidated/sold (187,067) (148,951) (361,818) (281,661)
REO Transfer (20,913) (12,811) (46,955) (19,340)
Principal paydowns (14,495) (13,414) (27,318) (24,189)
Unrealized gain (loss) included in net income 24,483 30,028 25,522 64,742
Loans transfer (to held for sale) from held for investment (82,313)   (82,313)  
Loans repurchased     70  
Ending balance 5,460,522 3,826,505 5,460,522 3,826,505
Loans Held For Sale        
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]        
Beginning balance   5,008    
Originations 86,258 40,922 88,484 45,809
Loans liquidated/sold (168,571) (46,953) (170,797) (46,954)
Unrealized gain (loss) included in net income   1,023   1,145
Loans transfer (to held for sale) from held for investment 82,313   82,313  
Securitized Debt        
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]        
Beginning balance 4,426,240 2,459,767 4,236,737 2,207,408
Additions 398,441 982,140 912,166 1,356,500
Principal paydowns (212,493) (216,722) (510,461) (352,405)
Unrealized gain (loss) included in net income (2,297) 7,584 (28,551) 21,266
Ending balance $ 4,609,891 $ 3,232,769 $ 4,609,891 $ 3,232,769