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Equity Investments, at Fair Value - Schedule of Income From Multi-Family Preferred Equity Ownership Interests (Details) - Equity Method Investments - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) $ 2,897 $ 3,603
Lucie at Tradition Holdings, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 850 757
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) 386 321
Tides on 27th Investors, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 312 641
Rapid City RMI JV LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 399 431
EHOF-NYMT Sunset Apartments Preferred, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 950 679
Syracuse Apartments and Townhomes, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) 0 705
Palms at Cape Coral, LLC    
Schedule of Equity Method Investments [Line Items]    
Change in fair value, gain (loss) $ 0 $ 69