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Equity Investments, at Fair Value - Schedule of Income (Loss) From Investments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Schedule of Equity Method Investments [Line Items]        
Unrealized gains (losses), net $ 96,949 $ (61,295) $ 41,046 $ (55,738)
Equity Method Investments        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) (1,136) 4,678 5,210 15,660
Equity Method Investments | Single-Family Equity Ownership Interests        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 7,611 0 9,301 (2,500)
Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) (421) (2,622) (4,485) (3,937)
Constructive Loans, LLC | Equity Method Investments | Single-Family Equity Ownership Interests        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) 7,611 0 9,301 (2,500)
Unrealized gains (losses), net 3,900 (1,300) 2,000 (5,600)
GWR Cedars Partners, LLC | Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) (112) (1,020) (1,741) (1,220)
GWR Gateway Partners, LLC | Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties        
Schedule of Equity Method Investments [Line Items]        
Change in fair value, gain (loss) (309) (1,602) (2,744) (2,717)
Headlands Asset Management Fund III (Cayman), LP (Headlands Flagship Opportunity Fund Series I) | Equity Method Investments | Joint Venture Equity Investments in Multi-Family Properties        
Schedule of Equity Method Investments [Line Items]        
Unrealized gains (losses), net $ (400) $ (2,600) $ (4,500) $ (3,900)