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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Schedule of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Variable Interest Entity [Line Items]        
Interest expense $ 42,404 $ 28,740 $ 81,739 $ 50,205
Total net interest income 15,136 39,280 32,937 76,316
Unrealized (losses) gains, net (8,933) (67,694) 19,556 (151,353)
Income from real estate 44,776 35,870 86,521 61,458
Other losses (16,567) 1,105 (25,565) 2,531
Total non-interest income (loss) 25,522 (20,233) 92,351 (67,019)
Expenses related to real estate 52,531 83,910 103,229 139,056
NET LOSS (30,820) (90,818) (16,658) (179,538)
Net loss attributable to non-controlling interest in Consolidated VIEs 3,892 18,922 10,593 33,792
NET LOSS ATTRIBUTABLE TO COMPANY (26,928) (71,896) (6,065) (145,746)
VIE, Primary Beneficiary        
Variable Interest Entity [Line Items]        
Net loss attributable to non-controlling interest in Consolidated VIEs 3,184 15,168 8,685 27,796
VIE, Primary Beneficiary | Financing And Other VIEs        
Variable Interest Entity [Line Items]        
Interest income 8,440 9,254 17,173 18,635
Interest expense 5,966 6,208 12,280 12,186
Total net interest income 2,474 3,046 4,893 6,449
Realized gains, net 4,820 0 4,820 0
Unrealized (losses) gains, net (10,592) (4,275) (9,591) (19,555)
Income from real estate 41,885 34,409 80,960 58,047
Other losses (16,839) 0 (27,098) 0
Total non-interest income (loss) 19,274 30,134 49,091 38,492
Expenses related to real estate 49,881 81,485 97,943 134,766
NET LOSS (28,133) (48,305) (43,959) (89,825)
Net loss attributable to non-controlling interest in Consolidated VIEs 3,892 18,922 10,593 33,792
NET LOSS ATTRIBUTABLE TO COMPANY (24,241) (29,383) (33,366) (56,033)
VIE, Primary Beneficiary | Consolidated SLST        
Variable Interest Entity [Line Items]        
Interest income 8,440 9,254 17,173 18,635
Interest expense 5,966 6,208 12,280 12,186
Total net interest income 2,474 3,046 4,893 6,449
Realized gains, net 0 0 0 0
Unrealized (losses) gains, net (12,328) (4,275) (10,029) (19,555)
Income from real estate 0 0 0 0
Other losses 0 0 0 0
Total non-interest income (loss) (12,328) (4,275) (10,029) (19,555)
Expenses related to real estate 0 0 0 0
NET LOSS (9,854) (1,229) (5,136) (13,106)
NET LOSS ATTRIBUTABLE TO COMPANY (9,854) (1,229) (5,136) (13,106)
VIE, Primary Beneficiary | Consolidated Real Estate        
Variable Interest Entity [Line Items]        
Interest income 0 0 0 0
Interest expense 0 0 0 0
Total net interest income 0 0 0 0
Realized gains, net 4,820 0 4,820 0
Unrealized (losses) gains, net 1,736 0 438 0
Income from real estate 41,885 34,409 80,960 58,047
Other losses (16,839) 0 (27,098) 0
Total non-interest income (loss) 31,602 34,409 59,120 58,047
Expenses related to real estate 49,881 81,485 97,943 134,766
NET LOSS (18,279) (47,076) (38,823) (76,719)
Net loss attributable to non-controlling interest in Consolidated VIEs 3,892 18,922 10,593 33,792
NET LOSS ATTRIBUTABLE TO COMPANY $ (14,387) $ (28,154) $ (28,230) $ (42,927)