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Loans Receivable, Net - Property Type and Geographic Distribution of Properties Securing Loans in Portfolio (Detail)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2024
USD ($)
security_loan
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
loan
Dec. 31, 2023
USD ($)
security_loan
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans 130 130   178 178    
Net book value $ 19,047,518 $ 19,047,518 $ 19,047,518 $ 23,787,012 $ 23,787,012 $ 23,787,012 $ 25,017,880
CECL reserve (733,936) (733,936) (733,936) (576,936) (576,936) (576,936) (326,137)
Loans receivable, net 18,313,582 18,313,582 18,313,582 23,210,076 23,210,076 23,210,076  
Total Loan Exposure 19,920,539 19,920,539 19,920,539 24,971,028 24,971,028 24,971,028  
Net Loan Exposure 17,034,303 17,034,303 17,034,303 21,951,988 21,951,988 21,951,988  
Principal balance 19,203,126 19,203,126 19,203,126 23,923,719 23,923,719 23,923,719 $ 25,160,343
Total loan exposure including non-consolidated senior interests 817,500 817,500 817,500 1,100,000 1,100,000 1,100,000  
Loan participations sold 100,064 100,064 100,064 337,721 337,721 337,721  
Cost-recovery proceeds 106,700 106,700 106,700 53,000 53,000 53,000  
Asset-specific debt, net              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Long-term debt 1,224,841 1,224,841 1,224,841 1,000,210 1,000,210 1,000,210  
Junior Loan Participation              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Loan participations sold $ 100,064 100,064 $ 100,064 100,924 100,924 100,924  
Senior Participations              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Loan participations sold       $ 236,797 236,797 $ 236,797  
Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     100.00%     100.00%  
Subtotal              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 100     141      
Net book value $ 12,430,396 12,430,396 $ 12,430,396 $ 15,460,479 15,460,479 $ 15,460,479  
Total Loan Exposure 13,328,547 13,328,547 13,328,547 16,652,620 16,652,620 16,652,620  
Net Loan Exposure $ 10,537,164 10,537,164 $ 10,537,164 $ 13,951,306 13,951,306 $ 13,951,306  
Subtotal | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     62.00%     64.00%  
Sunbelt              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 44     65      
Net book value $ 4,520,632 4,520,632 $ 4,520,632 $ 5,658,172 5,658,172 $ 5,658,172  
Total Loan Exposure 4,663,498 4,663,498 4,663,498 5,786,395 5,786,395 5,786,395  
Net Loan Exposure $ 4,084,242 4,084,242 $ 4,084,242 $ 5,402,732 5,402,732 $ 5,402,732  
Sunbelt | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     24.00%     25.00%  
Northeast              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 21     30      
Net book value $ 4,614,582 4,614,582 $ 4,614,582 $ 5,386,940 5,386,940 $ 5,386,940  
Total Loan Exposure 4,673,581 4,673,581 4,673,581 5,426,951 5,426,951 5,426,951  
Net Loan Exposure $ 3,452,961 3,452,961 $ 3,452,961 $ 4,340,660 4,340,660 $ 4,340,660  
Northeast | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     20.00%     20.00%  
West              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 21     31      
Net book value $ 1,865,382 1,865,382 $ 1,865,382 $ 3,088,644 3,088,644 $ 3,088,644  
Total Loan Exposure 2,549,329 2,549,329 2,549,329 4,108,074 4,108,074 4,108,074  
Net Loan Exposure $ 1,746,309 1,746,309 $ 1,746,309 $ 2,910,559 2,910,559 $ 2,910,559  
West | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     10.00%     13.00%  
Midwest              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 10     9      
Net book value $ 997,156 997,156 $ 997,156 $ 944,132 944,132 $ 944,132  
Total Loan Exposure 1,006,613 1,006,613 1,006,613 945,222 945,222 945,222  
Net Loan Exposure $ 820,858 820,858 $ 820,858 $ 913,973 913,973 $ 913,973  
Midwest | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     5.00%     4.00%  
Northwest              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 4     6      
Net book value $ 432,644 432,644 $ 432,644 $ 382,591 382,591 $ 382,591  
Total Loan Exposure 435,526 435,526 435,526 385,978 385,978 385,978  
Net Loan Exposure $ 432,794 432,794 $ 432,794 $ 383,382 383,382 $ 383,382  
Northwest | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     3.00%     2.00%  
Subtotal              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 30     37      
Net book value $ 6,617,122 6,617,122 $ 6,617,122 $ 8,326,533 8,326,533 $ 8,326,533  
Total Loan Exposure 6,591,992 6,591,992 6,591,992 8,318,408 8,318,408 8,318,408  
Net Loan Exposure $ 6,497,139 6,497,139 $ 6,497,139 $ 8,000,682 8,000,682 $ 8,000,682  
Subtotal | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     38.00%     36.00%  
United Kingdom              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 16     20      
Net book value $ 2,916,145 2,916,145 $ 2,916,145 $ 3,470,120 3,470,120 $ 3,470,120  
Total Loan Exposure 2,877,609 2,877,609 2,877,609 3,439,678 3,439,678 3,439,678  
Net Loan Exposure $ 2,839,096 2,839,096 $ 2,839,096 $ 3,181,489 3,181,489 $ 3,181,489  
United Kingdom | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     17.00%     14.00%  
Australia              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 3     5      
Net book value $ 920,182 920,182 $ 920,182 $ 1,429,144 1,429,144 $ 1,429,144  
Total Loan Exposure 925,106 925,106 925,106 1,437,870 1,437,870 1,437,870  
Net Loan Exposure $ 923,507 923,507 $ 923,507 $ 1,432,146 1,432,146 $ 1,432,146  
Australia | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     5.00%     7.00%  
Ireland              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 3     3      
Net book value $ 1,050,276 1,050,276 $ 1,050,276 $ 1,191,068 1,191,068 $ 1,191,068  
Total Loan Exposure 1,055,131 1,055,131 1,055,131 1,197,337 1,197,337 1,197,337  
Net Loan Exposure $ 1,048,329 1,048,329 $ 1,048,329 $ 1,188,554 1,188,554 $ 1,188,554  
Ireland | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     6.00%     5.00%  
Spain              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 3     3      
Net book value $ 785,368 785,368 $ 785,368 $ 1,117,790 1,117,790 $ 1,117,790  
Total Loan Exposure 786,576 786,576 786,576 1,120,375 1,120,375 1,120,375  
Net Loan Exposure $ 744,287 744,287 $ 744,287 $ 1,078,811 1,078,811 $ 1,078,811  
Spain | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     4.00%     5.00%  
Sweden              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 1     1      
Net book value $ 429,084 429,084 $ 429,084 $ 474,262 474,262 $ 474,262  
Total Loan Exposure 430,416 430,416 430,416 476,718 476,718 476,718  
Net Loan Exposure $ 429,724 429,724 $ 429,724 $ 476,281 476,281 $ 476,281  
Sweden | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     2.00%     2.00%  
Other Europe              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 3     5      
Net book value $ 455,417 455,417 $ 455,417 $ 644,149 644,149 $ 644,149  
Total Loan Exposure 456,102 456,102 456,102 646,430 646,430 646,430  
Net Loan Exposure $ 451,245 451,245 $ 451,245 $ 643,401 643,401 $ 643,401  
Other Europe | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     4.00%     3.00%  
Other International              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 1            
Net book value $ 60,650 60,650 $ 60,650        
Total Loan Exposure 61,052 61,052 61,052        
Net Loan Exposure $ 60,951 60,951 $ 60,951        
Other International | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     0.00%        
Office              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 41     54      
Net book value $ 7,386,333 7,386,333 $ 7,386,333 $ 9,253,609 9,253,609 $ 9,253,609  
Total Loan Exposure 7,740,932 7,740,932 7,740,932 10,072,963 10,072,963 10,072,963  
Net Loan Exposure $ 5,729,418 5,729,418 $ 5,729,418 $ 7,956,472 7,956,472 $ 7,956,472  
Office | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     33.00%     36.00%  
Multifamily              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 50     73      
Net book value $ 5,091,767 5,091,767 $ 5,091,767 $ 5,876,128 5,876,128 $ 5,876,128  
Total Loan Exposure 5,309,345 5,309,345 5,309,345 5,997,886 5,997,886 5,997,886  
Net Loan Exposure $ 4,934,364 4,934,364 $ 4,934,364 $ 5,756,192 5,756,192 $ 5,756,192  
Multifamily | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     29.00%     26.00%  
Hospitality              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 16     23      
Net book value $ 2,768,374 2,768,374 $ 2,768,374 $ 4,161,525 4,161,525 $ 4,161,525  
Total Loan Exposure 2,812,485 2,812,485 2,812,485 4,194,588 4,194,588 4,194,588  
Net Loan Exposure $ 2,663,349 2,663,349 $ 2,663,349 $ 3,804,091 3,804,091 $ 3,804,091  
Hospitality | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     16.00%     17.00%  
Industrial              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 11     12      
Net book value $ 2,030,627 2,030,627 $ 2,030,627 $ 2,189,808 2,189,808 $ 2,189,808  
Total Loan Exposure 2,039,069 2,039,069 2,039,069 2,201,497 2,201,497 2,201,497  
Net Loan Exposure $ 2,000,831 2,000,831 $ 2,000,831 $ 2,190,914 2,190,914 $ 2,190,914  
Industrial | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     12.00%     10.00%  
Retail              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 5     6      
Net book value $ 555,553 555,553 $ 555,553 $ 814,241 814,241 $ 814,241  
Total Loan Exposure 585,221 585,221 585,221 834,825 834,825 834,825  
Net Loan Exposure $ 532,069 532,069 $ 532,069 $ 785,573 785,573 $ 785,573  
Retail | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     3.00%     4.00%  
Life Sciences / Studio              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 3     4      
Net book value $ 342,817 342,817 $ 342,817 $ 385,098 385,098 $ 385,098  
Total Loan Exposure 560,564 560,564 560,564 561,517 561,517 561,517  
Net Loan Exposure $ 337,687 337,687 $ 337,687 $ 384,219 384,219 $ 384,219  
Life Sciences / Studio | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     2.00%     2.00%  
Other              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Number of Loans | loan 4     6      
Net book value $ 872,047 872,047 $ 872,047 $ 1,106,603 1,106,603 $ 1,106,603  
Total Loan Exposure 872,923 872,923 872,923 1,107,752 1,107,752 1,107,752  
Net Loan Exposure $ 836,585 $ 836,585 $ 836,585 $ 1,074,527 $ 1,074,527 $ 1,074,527  
Other | Loan Exposure Risk | Financing Receivables              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Net Loan Exposure Percentage of Portfolio     5.00%     5.00%