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Fair Value Measurements - Schedule of Financial Instruments Measured at Carrying And Estimated Fair Value (Details) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Loans receivable held-for-investment, net $ 6,142,749,000 $ 6,877,425,000
Loans receivable held-for-sale 324,188,000 261,709,000
Repurchase agreements 3,451,001,000 3,805,678,000
Term participation facility 385,491,000 465,434,000
Loan participations sold, net 0 120,508,000
Notes payable, net 304,058,000 283,341,000
Secured term loan, net 710,477,000 712,576,000
Debt related to real estate owned, net 279,650,000 289,913,000
Unpaid Principal Balance [Member]    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Loans receivable held-for-investment, net 6,384,893,000 7,044,524,000
Loans receivable held-for-sale 355,971,000 264,065,000
Repurchase agreements 3,451,001,000 3,805,678,000
Term participation facility 385,491,000 465,434,000
Loan participations sold, net   120,634,000
Notes payable, net 306,994,000 286,827,000
Secured term loan, net 719,731,000 725,452,000
Debt related to real estate owned, net 280,000,000 290,000,000
Fair Value [Member]    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Loans receivable held-for-investment, net 6,146,384,000 6,875,377,000
Loans receivable held-for-sale 324,188,000 261,709,000
Repurchase agreements 3,451,001,000 3,805,678,000
Term participation facility 384,589,000 463,010,000
Loan participations sold, net   120,000,000
Notes payable, net 304,115,000 284,904,000
Secured term loan, net 687,343,000 694,620,000
Debt related to real estate owned, net 279,473,000 289,422,000
Level 3 [Member]    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Loans receivable held-for-investment, net 6,146,384,000 6,875,377,000
Loans receivable held-for-sale 324,188,000 261,709,000
Repurchase agreements 3,451,001,000 3,805,678,000
Term participation facility 384,589,000 463,010,000
Loan participations sold, net   120,000,000
Notes payable, net 304,115,000 284,904,000
Secured term loan, net 687,343,000 694,620,000
Debt related to real estate owned, net $ 279,473,000 $ 289,422,000