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Equity Investments, at Fair Value - Schedule of Income (Loss) From Investments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Jul. 14, 2025
Sep. 30, 2025
Sep. 30, 2024
Schedule of Equity Method Investments [Line Items]          
Unrealized losses (gains) $ 54,852 $ 96,949   $ 197,670 $ 41,046
Equity Method Investments          
Schedule of Equity Method Investments [Line Items]          
Change in fair value, gain (loss) (1,642) (1,136)   2,959 5,210
Equity Method Investments | Single-Family Equity Ownership Interests          
Schedule of Equity Method Investments [Line Items]          
Change in fair value, gain (loss) 47 7,611   (1,554) 9,301
Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties          
Schedule of Equity Method Investments [Line Items]          
Change in fair value, gain (loss) 0 (421)   (838) (4,485)
Unrealized losses (gains)   (400)   (800) (4,500)
Constructive Loans LLC | Equity Method Investments | Single-Family Equity Ownership Interests          
Schedule of Equity Method Investments [Line Items]          
Change in fair value, gain (loss) 47 7,611   (1,554) 9,301
Unrealized losses (gains)   3,900 $ (4,400)   2,000
GWR Cedars Partners, LLC | Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties          
Schedule of Equity Method Investments [Line Items]          
Change in fair value, gain (loss) 0 (112)   39 (1,741)
GWR Gateway Partners, LLC | Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties          
Schedule of Equity Method Investments [Line Items]          
Change in fair value, gain (loss) $ 0 $ (309)   $ (877) $ (2,744)