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Equity Investments, at Fair Value - Schedule of Income From Multi-Family Preferred Equity Ownership Interests (Details) - Multi-Family Preferred Equity Ownership Interests - Equity investments - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) $ 5,032 $ 6,029 $ 10,984 $ 11,804
1122 Chicago DE, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 168 241 419 478
Bighaus, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 164 472 701 937
FF/RMI 20 Midtown, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 935 812 1,734 1,610
Palms at Cape Coral, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 180 158 357 313
America Walks at Port St. Lucie, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 773 902 1,899 1,804
EHOF-NYMT Sunset Apartments Preferred, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 638 559 1,263 1,108
Lucie at Tradition Holdings, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 701 614 1,385 1,215
Syracuse Apartments and Townhomes, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 666 591 1,321 1,107
Hudson Bridge Apartments, LLC - Series A, Briar Hill Apartments, LLC, Kings Glen Apartments, LLC, Flagstone Apartments, LLC, Brookfield Apartments II, LLC - Series B, and Silber JBSM Properties, LLC (collectively)        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 306 0 607 0
Tides on 27th Investors, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 501 0 1,298 0
DCP Gold Creek, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 (599) 0 254
Rigsbee Ave Holdings, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 0 0 (174)
Walnut Creek Properties Holdings, L.L.C.        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 0 0 (153)
Lurin-RMI, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 1,520 0 1,800
Somerset Deerfield Investor, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 596 0 1,183
RS SWD Owner, LLC, RS SWD Mitchell Owner, LLC, RS SWD IF Owner, LLC, RS SWD Mullis Owner, LLC, RS SWD JH Mullis Owner, LLC and RS SWD Saltzman Owner, LLC (collectively)        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) $ 0 $ 163 $ 0 $ 322