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Debt and Preferred Equity Investments - Schedule of Debt and Preferred Equity Investments (Details)
$ in Thousands
Mar. 31, 2024
USD ($)
investment
Dec. 31, 2023
USD ($)
investment
Debt Instrument [Line Items]    
Carrying Value $ 352,347 $ 346,745
Senior Financing $ 1,334,257  
Number of investments, nonperforming | investment 2 2
Total floating rate    
Debt Instrument [Line Items]    
Carrying Value $ 172,232  
Face Value 172,391  
Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 180,115  
Face Value 180,115  
Mezzanine Debt    
Debt Instrument [Line Items]    
Carrying Value 222,232  
Senior Financing 1,084,257  
Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 172,232  
Face Value 172,391  
Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 50,000  
Face Value 50,000  
Preferred Equity    
Debt Instrument [Line Items]    
Carrying Value 130,115  
Senior Financing 250,000  
Preferred Equity | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 0  
Face Value $ 0  
Basis spread on variable rate 0.00%  
Preferred Equity | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value $ 130,115  
Face Value $ 130,115  
Interest Rate 6.50%  
Minimum | Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Interest Rate 8.00%  
Maximum | Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Interest Rate 8.40%  
SOFR | Minimum | Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.95%  
SOFR | Maximum | Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 12.38%