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Segment Reporting - Schedule of Operating Financial Results of Operating Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting Information [Line Items]        
Revenues $ 3,418 $ 3,209 $ 17,217 $ 10,708
Cost of revenues 0 (11) 6,764 1,082
Compensation and benefits 5,307 4,001 15,463 10,989
Depreciation and amortization 313 361 967 918
Selling, general and administrative 1,768 1,413 5,952 4,247
Dividends and interest income 1,166 1,481 3,726 4,606
Interest expense (1,033) (1,039) (3,083) (3,097)
Net realized and unrealized gain (loss) (9,873) (2,439) (24,095) 3,767
Net realized and unrealized gain (loss) on investments of Consolidated Funds 94 (338) (3,315) (89)
Interest and other income of Consolidated Funds 183 389 828 1,168
Loss before income taxes (13,433) (4,501) (37,868) (173)
Income tax benefit (expense) (87) 0 (104) 0
Net income (loss) (13,520) (4,501) (37,972) (173)
Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 3,418 3,209 17,217 10,708
Cost of revenues 0 (11) 6,764 1,082
Compensation and benefits 4,493 3,188 12,998 8,596
Depreciation and amortization 251 361 905 918
Selling, general and administrative 871 845 3,045 1,926
Dividends and interest income 7 0 48 0
Interest expense 0 0 0 0
Net realized and unrealized gain (loss) 0 0 0 0
Net realized and unrealized gain (loss) on investments of Consolidated Funds 0 0 0 0
Interest and other income of Consolidated Funds 0 0 0 0
Loss before income taxes (2,190) (1,174) (6,447) (1,814)
Income tax benefit (expense) 27 0 (89) 0
Net income (loss) (2,163) (1,174) (6,536) (1,814)
Operating Segments | Alternative Credit        
Segment Reporting Information [Line Items]        
Revenues 1,545 1,768 4,619 6,233
Cost of revenues 0 0 0 0
Compensation and benefits 1,643 1,596 4,648 4,688
Depreciation and amortization 0 71 138 204
Selling, general and administrative 313 250 1,246 941
Dividends and interest income 0 0 0 0
Interest expense 0 0 0 0
Net realized and unrealized gain (loss) 0 0 0 0
Net realized and unrealized gain (loss) on investments of Consolidated Funds 0 0 0 0
Interest and other income of Consolidated Funds 0 0 0 0
Loss before income taxes (411) (149) (1,413) 400
Income tax benefit (expense) 0 0 0 0
Net income (loss) (411) (149) (1,413) 400
Operating Segments | Real Estate        
Segment Reporting Information [Line Items]        
Revenues 1,873 1,441 12,598 4,475
Cost of revenues 0 (11) 6,764 1,082
Compensation and benefits 2,850 1,592 8,350 3,908
Depreciation and amortization 251 290 767 714
Selling, general and administrative 558 595 1,799 985
Dividends and interest income 7 0 48 0
Interest expense 0 0 0 0
Net realized and unrealized gain (loss) 0 0 0 0
Net realized and unrealized gain (loss) on investments of Consolidated Funds 0 0 0 0
Interest and other income of Consolidated Funds 0 0 0 0
Loss before income taxes (1,779) (1,025) (5,034) (2,214)
Income tax benefit (expense) 27 0 (89) 0
Net income (loss) (1,752) (1,025) (5,123) (2,214)
Corporate & Other        
Segment Reporting Information [Line Items]        
Revenues 0 0 0 0
Cost of revenues 0 0 0 0
Compensation and benefits 814 813 2,465 2,393
Depreciation and amortization 62 0 62 0
Selling, general and administrative 897 568 2,907 2,321
Dividends and interest income 1,159 1,481 3,678 4,606
Interest expense (1,033) (1,039) (3,083) (3,097)
Net realized and unrealized gain (loss) (9,873) (2,439) (24,095) 3,767
Net realized and unrealized gain (loss) on investments of Consolidated Funds 94 (338) (3,315) (89)
Interest and other income of Consolidated Funds 183 389 828 1,168
Loss before income taxes (11,243) (3,327) (31,421) 1,641
Income tax benefit (expense) (114) 0 (15) 0
Net income (loss) $ (11,357) $ (3,327) $ (31,436) $ 1,641