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Collateralized Loan Obligations - Schedule of Assets and Liabilities Included in Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]        
Commercial real estate loans, held-for-investment $ 6,188,679 $ 7,343,548    
Less: Allowance for credit losses (148,013) (210,470) $ (218,992) $ (106,974)
Commercial real estate loans, held-for-investment, net 6,040,666 7,133,078    
Commercial real estate loan, held-for-sale 137,916 0    
Accrued interest receivable 32,282 41,003    
Other assets 17,601 19,455    
Total Assets 6,774,042 7,547,618    
Collateralized loan obligations 3,024,534      
Deferred financing costs (3,020) (3,747)    
Collateralized loan obligations, net 1,941,128 1,942,171    
Accrued interest payable 22,763 20,207    
Total Liabilities 5,362,661 6,143,436    
Recurring        
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]        
Commercial real estate loans, held-for-investment   7,343,548    
Commercial real estate loans, held-for-investment, net   7,133,078    
Total Assets 6,287,377 7,268,976    
Total Liabilities 5,292,885 6,059,921    
Recurring | Collateralized loan obligations, net        
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]        
Collateralized loan obligations 1,941,330 1,942,750    
Collateralized loan obligations | Primary beneficiary        
Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items]        
Cash 0 5,000    
Commercial real estate loans, held-for-investment 2,257,907 2,295,000    
Less: Allowance for credit losses (17,234) (21,216)    
Commercial real estate loans, held-for-investment, net 2,240,673 2,273,784    
Commercial real estate loan, held-for-sale 34,500 0    
Accrued interest receivable 11,079 12,653    
Other assets 6,328 155    
Total Assets 2,292,580 2,291,592    
Deferred financing costs (202) (579)    
Collateralized loan obligations, net 1,941,128 1,942,171    
Accrued interest payable 4,649 5,666    
Total Liabilities $ 1,945,777 $ 1,947,837