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Use of Special Purpose Entities (SPE) and Variable Interest Entities (VIE) - Schedule of Statement of Operations of Variable Interest Entities (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Variable Interest Entity [Line Items]    
Interest expense $ 96,636 $ 66,029
Total net interest income 33,098 17,863
Expenses related to real estate 22,890 54,445
Total net loss from real estate (2,235) (16,369)
Unrealized gains (losses), net 118,203 (39,390)
(Losses) gains on derivative instruments, net (46,802) 49,211
Impairment of real estate (3,905) (36,247)
Loss on reclassification of disposal group 0 (14,636)
Other income 1,967 (3,592)
Total other income (loss) 31,952 (57,323)
NET INCOME (LOSS) 37,065 (80,059)
Net loss attributable to non-controlling interest in Consolidated VIEs 5,090 22,158
NET INCOME (LOSS) ATTRIBUTABLE TO COMPANY 42,155 (57,901)
VIE, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Net loss attributable to non-controlling interest in Consolidated VIEs 3,627 14,400
VIE, Primary Beneficiary | Financing And Other VIEs    
Variable Interest Entity [Line Items]    
Interest income 10,740 8,127
Interest expense 6,964 5,801
Total net interest income 3,776 2,326
Income from real estate 18,486 35,093
Expenses related to real estate 20,027 51,761
Total net loss from real estate (1,541) (16,668)
Unrealized gains (losses), net 3,264 (36)
(Losses) gains on derivative instruments, net (15) 2,518
Impairment of real estate (3,565) (32,214)
Loss on reclassification of disposal group 0 (14,636)
Other income 1 3
Total other income (loss) (315) (44,365)
NET INCOME (LOSS) 1,920 (58,707)
Net loss attributable to non-controlling interest in Consolidated VIEs 5,090 22,158
NET INCOME (LOSS) ATTRIBUTABLE TO COMPANY 7,010 (36,549)
VIE, Primary Beneficiary | Consolidated SLST    
Variable Interest Entity [Line Items]    
Interest income 10,740 8,127
Interest expense 6,964 5,801
Total net interest income 3,776 2,326
Income from real estate 0 0
Expenses related to real estate 0 0
Total net loss from real estate 0 0
Unrealized gains (losses), net 3,264 (36)
(Losses) gains on derivative instruments, net 0 0
Impairment of real estate 0 0
Loss on reclassification of disposal group 0 0
Other income 0 0
Total other income (loss) 3,264 (36)
NET INCOME (LOSS) 7,040 2,290
Net loss attributable to non-controlling interest in Consolidated VIEs 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO COMPANY 7,040 2,290
VIE, Primary Beneficiary | Consolidated Real Estate    
Variable Interest Entity [Line Items]    
Interest income 0 0
Interest expense 0 0
Total net interest income 0 0
Income from real estate 18,486 35,093
Expenses related to real estate 20,027 51,761
Total net loss from real estate (1,541) (16,668)
Unrealized gains (losses), net 0 0
(Losses) gains on derivative instruments, net (15) 2,518
Impairment of real estate (3,565) (32,214)
Loss on reclassification of disposal group 0 (14,636)
Other income 1 3
Total other income (loss) (3,579) (44,329)
NET INCOME (LOSS) (5,120) (60,997)
Net loss attributable to non-controlling interest in Consolidated VIEs 5,090 22,158
NET INCOME (LOSS) ATTRIBUTABLE TO COMPANY $ (30) $ (38,839)