XML 54 R43.htm IDEA: XBRL DOCUMENT v3.26.1
Loans and Preferred Equity Held for Investment, net - Narrative (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2026
USD ($)
loan
variableInterestEntity
investment
Mar. 31, 2025
USD ($)
investment
Jun. 30, 2026
USD ($)
loan
Apr. 30, 2026
forwardSwap
Apr. 29, 2026
USD ($)
loan
Dec. 31, 2025
USD ($)
variableInterestEntity
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Interest receivable $ 10,700         $ 10,800
Financing receivable, accrued interest, after allowance for credit loss, statement of financial position, extensible list, not disclosed, flag Receivables, net         Receivables, net
Transfer of principal   $ 8,800        
Loan payoff period, maximum   2 years        
Number of unconsolidated VIEs originated | variableInterestEntity 1         9
Number of CRE debt investments contributed to more than 10% of interest income (in investments) | investment 0 0        
Percent of interest income contributed by investment 10.00% 10.00%        
Carrying Value $ 2,730,072         $ 2,678,315
Subsequent event            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Risk ranked loans | forwardSwap       1    
Risk Ranking 5 | Subsequent event            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Risk ranked loans | loan         1  
Carrying Value         $ 31,500  
Risk Ranking 5 | Forecast            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Risk ranked loans | loan     2      
Carrying Value     $ 67,100      
PD/LGD model            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Allowance for lending commitments 1,900         700
Commercial mortgage            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Carrying Value 2,730,072         2,678,315
Future funding commitments $ 117,300         $ 112,200
Denver, Colorado            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of loans on nonaccrual status | loan           1
Baltimore, Maryland            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Number of loans on nonaccrual status | loan 1         1