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Transactions With Related Parties - Affiliate Transactions (Details)
$ in Thousands, € in Millions, £ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
loan
Dec. 31, 2024
USD ($)
loan
Sep. 30, 2024
EUR (€)
Sep. 30, 2024
GBP (£)
Jun. 30, 2024
GBP (£)
Mar. 31, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2024
EUR (€)
Sep. 30, 2024
GBP (£)
Dec. 31, 2021
EUR (€)
Dec. 31, 2019
EUR (€)
Dec. 31, 2018
GBP (£)
Related Party Transaction [Line Items]                        
Origination and other fees received on loans receivable $ 11,965         $ 4,550            
Principal collections, sales proceeds, and cost-recovery proceeds from loans receivable 1,940,914         637,242            
Investments in unconsolidated entities 29,020 $ 4,452                    
Secured term loans, net                        
Related Party Transaction [Line Items]                        
Face Value 1,760,748                      
Securitized debt obligations, net                        
Related Party Transaction [Line Items]                        
Face Value 2,569,979 1,936,967                    
Principal Balance, collateral assets 3,318,900 2,552,403                    
2025 FL5 Underlying Collateral Assets | Securitized debt obligations, net                        
Related Party Transaction [Line Items]                        
Principal Balance, collateral assets 1,000,000                      
B-5 Term Loan | Secured term loans, net                        
Related Party Transaction [Line Items]                        
Face Value 648,375 650,000                    
December 2024 | Senior Secured Notes [Member]                        
Related Party Transaction [Line Items]                        
Face Value 450,000 $ 450,000                    
Related Party                        
Related Party Transaction [Line Items]                        
Face amount of loans             $ 94,400   £ 303.5 € 350.0 € 350.0 £ 148.7
Related party transaction, interest in loan, percentage     17.00% 17.00%                
Selling loan amount | €     € 232.0                  
Remaining loan amount in new lenders | €               € 347.0        
Repayment of loan participations | £       £ 46.4                
Principal collections, sales proceeds, and cost-recovery proceeds from loans receivable           $ 98,600            
Related Party | Senior Loans                        
Related Party Transaction [Line Items]                        
Face amount of loans             $ 560,000          
Related Party | Senior Participations                        
Related Party Transaction [Line Items]                        
Repayment of loan participations | £         £ 186.0              
Proceeds of loan participations | £       £ 100.0                
Related Party | Junior Loan Participation                        
Related Party Transaction [Line Items]                        
Repayment of loan participations | £         £ 46.5              
Agency Multifamily Lending Partnership | Related Party                        
Related Party Transaction [Line Items]                        
Number of loans referred | loan   3                    
Origination and other fees received on loans receivable   $ 217                    
Blackstone-Advised Investment Vehicles, or the Funds | Related Party | Senior Loans                        
Related Party Transaction [Line Items]                        
Face Value $ 439,100                      
Count, financing provided | loan 1                      
Blackstone-Advised Investment Vehicles, or the Funds | Related Party | Mezzanine Loan                        
Related Party Transaction [Line Items]                        
Face Value $ 60,000                      
Count, financing provided | loan 1                      
Blackstone-Advised Investment Vehicles, or the Funds | Related Party | 2025 FL5 Underlying Collateral Assets | Securitized debt obligations, net                        
Related Party Transaction [Line Items]                        
Principal Balance, collateral assets $ 75,000                      
Blackstone-Advised Investment Vehicles, or the Funds | Related Party | B-5 Term Loan | Secured term loans, net                        
Related Party Transaction [Line Items]                        
Face Value   62,500                    
Blackstone-Advised Investment Vehicles, or the Funds | Related Party | December 2024 | Senior Secured Notes [Member]                        
Related Party Transaction [Line Items]                        
Face Value   $ 80,000