v3.26.1
LOANS HELD-FOR-INVESTMENT - Schedule of Statistics (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
loan
Dec. 31, 2025
USD ($)
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Number of loans | loan 77  
Net book value $ 3,088,361 $ 3,454,589
Loans receivable with variable rate of interest 89.80%  
Unfunded Loan Commitment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unfunded loan commitments $ 219,800  
CRE Loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Number of loans | loan 30 35
Principal balance $ 2,965,205 $ 3,377,417
Net book value $ 2,672,202 $ 3,074,451
Weighted-average interest rate 6.70% 7.00%
Weighted-average maximum years to maturity 2 years 4 months 24 days 2 years 6 months
CRE Loans | Unfunded Loan Commitment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unfunded loan commitments $ 150,816 $ 165,818
Liquid corporate senior loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Number of loans | loan 8 8
Principal balance $ 27,318 $ 27,386
Net book value $ 22,732 $ 22,664
Weighted-average interest rate 10.00% 10.00%
Weighted-average maximum years to maturity 2 years 9 months 18 days 3 years
Liquid corporate senior loans | Unfunded Loan Commitment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unfunded loan commitments $ 0 $ 0
Corporate senior loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Number of loans | loan 39 35
Principal balance $ 405,937 $ 368,341
Net book value $ 393,427 $ 357,474
Weighted-average interest rate 9.40% 9.50%
Weighted-average maximum years to maturity 3 years 3 years
Corporate senior loans | Unfunded Loan Commitment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unfunded loan commitments $ 68,973 $ 51,464