XML 73 R51.htm IDEA: XBRL DOCUMENT v3.24.0.1
Real Estate Owned - Real Estate Owned Assets and Liabilities (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 15, 2023
Dec. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Asset Acquisition [Line Items]          
Above-market lease intangibles     $ 3,902    
Real estate owned - Tenant improvements     4,299    
Interest expense     273,862 $ 160,755 $ 85,090
Office Property          
Asset Acquisition [Line Items]          
Building and building improvements $ 103,293   103,293    
Land and land improvements 91,484   67,472    
Construction in progress 47,091        
In-place lease intangibles 27,594   25,036    
Above-market lease intangibles 3,982        
Below-market lease intangibles (4,311)   (3,707)    
Total liabilities $ 269,133        
Cash     532    
Real estate owned     175,064    
Accumulated depreciation     (1,007)    
Real estate owned, net     174,057    
Leasing commissions, net     533    
Other assets, net     12,384    
Total assets     216,444    
Mortgage loan payable, net     30,551    
Other liabilities     3,214    
Total liabilities     37,472    
Cash escrowed   $ 11,300 11,300    
Interest expense   $ 600 $ 1,400