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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 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests $ (1,642) $ (1,136) $ 2,959 $ 5,210
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]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests 249 438 1,030 693
Tides on 27th Investors, LLC        
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests (2,765) (4,111) (2,422) (3,436)
Rapid City RMI JV LLC        
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests 412 388 1,225 1,199
Lucie at Tradition Holdings, LLC        
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests 462 798 2,176 2,332
EHOF-NYMT Sunset Apartments Preferred, LLC        
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests 0 627 950 1,999
Syracuse Apartments and Townhomes, LLC        
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests 0 724 0 2,354
Palms at Cape Coral, LLC        
Schedule of Equity Method Investments [Line Items]        
Total (Loss) Income - Multi-Family Preferred Equity Ownership Interests $ 0 $ 0 $ 0 $ 69