Debt and Preferred Equity Investments - Schedule of Debt and Preferred Equity Investments (Details) $ in Thousands	Dec. 31, 2025 USD ($) investment	Dec. 31, 2024 USD ($)
Debt Instrument [Line Items]
Debt and preferred equity investments	$ 168,358	$ 303,726
Senior Financing	$ 713,528
Number of investments, nonperforming | investment	1
Total floating rate
Debt Instrument [Line Items]
Debt and preferred equity investments	$ 128,026	117,160
Total floating rate | Alternative strategy portfolio
Debt Instrument [Line Items]
Debt and preferred equity investments	50,300	$ 53,500
Mezzanine Debt
Debt Instrument [Line Items]
Debt and preferred equity investments	168,358
Senior Financing	713,528
Total floating rate
Debt Instrument [Line Items]
Debt and preferred equity investments	127,872
Face Value	128,040
Total floating rate | Mezzanine Debt
Debt Instrument [Line Items]
Debt and preferred equity investments	127,872
Face Value	$ 128,040
Total floating rate | Minimum | Mezzanine Debt
Debt Instrument [Line Items]
Basis spread on variable rate	0.00%
Total floating rate | Maximum | Mezzanine Debt
Debt Instrument [Line Items]
Basis spread on variable rate	11.63%
Fixed Rate
Debt Instrument [Line Items]
Debt and preferred equity investments	$ 40,486
Face Value	40,786
Fixed Rate | Mezzanine Debt
Debt Instrument [Line Items]
Debt and preferred equity investments	40,486
Face Value	$ 40,786
Fixed Rate | Minimum | Mezzanine Debt
Debt Instrument [Line Items]
Interest Rate	0.00%
Fixed Rate | Maximum | Mezzanine Debt
Debt Instrument [Line Items]
Interest Rate	8.00%