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Loans Held-for-Investment, Net of Allowance for Credit Losses - Loans Held-for-Investment (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
loan
Dec. 31, 2022
USD ($)
loan
Dec. 31, 2021
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unpaid principal balance $ 2,727,179 $ 3,362,006  
Unamortized (discount) premium (19) (48)  
Unamortized net deferred origination fees (8,674) (11,808)  
Allowance for credit losses (134,661) (82,335) $ (40,897)
Loans held-for-investment, net 2,583,825 3,267,815 $ 3,741,308
Unfunded commitments $ 160,698 $ 229,607  
Number of loans | loan 73 90  
Weighted average coupon (as a percent) 8.20% 6.30%  
Weighted average years to maturity (in years) 8 months 12 days 1 year  
Senior Loans      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unpaid principal balance $ 2,713,672 $ 3,348,242  
Unamortized (discount) premium (19) (48)  
Unamortized net deferred origination fees (8,674) (11,808)  
Allowance for credit losses (134,302) (81,768)  
Loans held-for-investment, net 2,570,677 3,254,618  
Unfunded commitments $ 160,698 $ 229,607  
Number of loans | loan 72 89  
Weighted average coupon (as a percent) 8.20% 6.30%  
Weighted average years to maturity (in years) 8 months 12 days 1 year  
B-Notes      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Unpaid principal balance $ 13,507 $ 13,764  
Unamortized (discount) premium 0 0  
Unamortized net deferred origination fees 0 0  
Allowance for credit losses (359) (567)  
Loans held-for-investment, net 13,148 13,197  
Unfunded commitments $ 0 $ 0  
Number of loans | loan 1 1  
Weighted average coupon (as a percent) 8.00% 8.00%  
Weighted average years to maturity (in years) 3 years 1 month 6 days 4 years 1 month 6 days