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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 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) $ 1,704 $ 2,744 $ 4,600 $ 6,348
Lucie at Tradition Holdings, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 864 777 1,714 1,534
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) 395 (66) 780 255
Tides on 27th Investors, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 31 34 343 675
Rapid City RMI JV LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 414 380 813 812
EHOF-NYMT Sunset Apartments Preferred, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 694 950 1,373
Syracuse Apartments and Townhomes, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 0 925 0 1,630
Palms at Cape Coral, LLC        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) $ 0 $ 0 $ 0 $ 69