v3.26.1
Collateralized Loan Obligations - Schedule of Consolidated VIE (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Variable Interest Entity [Line Items]    
Restricted cash $ 34,334 $ 29,058
Interest receivable 22,161 20,746
Total assets [1] 5,334,903 4,785,177
Collateralized loan obligations, at fair value 1,004,858 1,005,157
Interest payable 13,282 12,795
Total liabilities [1] 4,174,525 3,742,843
Commercial real estate loan investments    
Variable Interest Entity [Line Items]    
Fair Value 5,200,218 4,702,728
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Restricted cash 150  
Interest receivable 3,672  
Other assets 36,992  
Total assets 1,228,334 1,200,000
Collateralized loan obligations, at fair value 1,004,858  
Interest payable 2,029  
Total liabilities 1,006,887 $ 1,000,000
Variable Interest Entity, Primary Beneficiary | Commercial real estate loan investments    
Variable Interest Entity [Line Items]    
Fair Value $ 1,187,520  
[1]
(1) The condensed consolidated balance sheets at March 31, 2026 and December 31, 2025 include assets of $1.2 billion and liabilities of $1.0 billion of a consolidated collateralized loan obligation, which is a variable interest entity (“VIE”). The VIE’s assets can only be used to settle the obligations of the VIE. See Note 6 — “Collateralized Loan Obligations”, for additional information.