v3.25.4

Debt Securities - Schedule of Securities Accretable Interest Income (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024
Debt Securities, Available-for-sale [Line Items] |  |
RMBS Beneficial interests | $ 6,540 | $ 5,178
Total | 28,655 | 17,265
CMBS |  |
Debt Securities, Available-for-sale [Line Items] |  |
Interest income | 16,585 | 4,476
RMBS |  |
Debt Securities, Available-for-sale [Line Items] |  |
Interest income | $ 5,530 | $ 7,611

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