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Loans and Investments - Allowance for Credit Losses (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Allowance for credit losses:      
Allowance at beginning of the year $ 113,241 $ 148,329  
Provision for credit losses (net of recoveries) 19,318 (24,315) $ 59,966
Charge-offs   (10,773)  
Allowance at end of the year 132,559 113,241 148,329
Amount of loan loss recovery 1,500 24,315 75
Outstanding unfunded commitments on loans 1,150,000 975,200  
Accrued interest receivable related to loans 108,500 58,300  
As Reported Pre-Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     71,069
Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     17,294
Land      
Allowance for credit losses:      
Allowance at beginning of the year 77,970 78,150  
Provision for credit losses (net of recoveries) 98 (180) 10,204
Allowance at end of the year 78,068 77,970 78,150
Land | As Reported Pre-Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     67,869
Land | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     77
Multifamily      
Allowance for credit losses:      
Allowance at beginning of the year 18,707 36,468  
Provision for credit losses (net of recoveries) 19,254 (17,761) 20,146
Allowance at end of the year 37,961 18,707 36,468
Multifamily | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     16,322
Office      
Allowance for credit losses:      
Allowance at beginning of the year 8,073 1,846  
Provision for credit losses (net of recoveries) 89 6,227 59
Allowance at end of the year 8,162 8,073 1,846
Office | As Reported Pre-Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     1,500
Office | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     287
Retail      
Allowance for credit losses:      
Allowance at beginning of the year 5,819 13,861  
Provision for credit losses (net of recoveries)   (42) 13,526
Charge-offs   (8,000)  
Allowance at end of the year 5,819 5,819 13,861
Retail | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     335
Student Housing      
Allowance for credit losses:      
Allowance at beginning of the year 636 4,078  
Provision for credit losses (net of recoveries) (598) (3,442) 4,010
Allowance at end of the year 38 636 4,078
Student Housing | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     68
Healthcare      
Allowance for credit losses:      
Allowance at beginning of the year 8 3,880  
Provision for credit losses (net of recoveries) 8 (1,099) 3,816
Charge-offs   (2,773)  
Allowance at end of the year 16 8 3,880
Healthcare | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     64
Hotel      
Allowance for credit losses:      
Allowance at beginning of the year 8 7,759  
Provision for credit losses (net of recoveries) 6 (7,751) 7,730
Allowance at end of the year 14 8 7,759
Hotel | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     29
Other Property      
Allowance for credit losses:      
Allowance at beginning of the year 2,020 2,287  
Provision for credit losses (net of recoveries) 461 (267) 475
Allowance at end of the year $ 2,481 $ 2,020 2,287
Other Property | As Reported Pre-Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     1,700
Other Property | Impact of Adoption      
Allowance for credit losses:      
Allowance at beginning of the year     $ 112