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Loans Receivable, Net - Property Type and Geographic Distribution of Properties Securing Loans in Portfolio (Detail)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
loan
Mar. 31, 2025
USD ($)
security_loan
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
loan
Dec. 31, 2024
USD ($)
security_loan
Dec. 31, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans 138 138   130 130      
Net book value $ 19,049,712 $ 19,049,712 $ 19,049,712 $ 19,047,518 $ 19,047,518 $ 19,047,518    
CECL reserve (741,541) (741,541) (741,541) (733,936) (733,936) (733,936) $ (751,370) $ (576,936)
Loans receivable, net 18,308,171 18,308,171 18,308,171 18,313,582 18,313,582 18,313,582    
Net Loan Exposure 17,763,332 17,763,332 17,763,332 17,034,303 17,034,303 17,034,303    
Cost-recovery proceeds 117,100 117,100 117,100 106,700 106,700 106,700    
Loan participations sold 101,672 101,672 101,672 100,064 100,064 100,064    
Asset-specific debt, net                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Principal balance 494,081 494,081 494,081 1,228,110 1,228,110 1,228,110    
Junior Loan Participation                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Loan participations sold $ 101,672 101,672 $ 101,672 $ 100,064 100,064 $ 100,064    
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 106     100        
Net book value $ 11,493,988 11,493,988 $ 11,493,988 $ 12,430,396 12,430,396 $ 12,430,396    
Net Loan Exposure $ 10,491,465 10,491,465 $ 10,491,465 $ 10,537,164 10,537,164 $ 10,537,164    
Subtotal | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     59.00%     62.00%    
Sunbelt                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 48     44        
Net book value $ 4,902,798 4,902,798 $ 4,902,798 $ 4,520,632 4,520,632 $ 4,520,632    
Net Loan Exposure $ 4,398,225 4,398,225 $ 4,398,225 $ 4,084,242 4,084,242 $ 4,084,242    
Sunbelt | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     25.00%     24.00%    
Northeast                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 21     21        
Net book value $ 3,252,180 3,252,180 $ 3,252,180 $ 4,614,582 4,614,582 $ 4,614,582    
Net Loan Exposure $ 3,022,630 3,022,630 $ 3,022,630 $ 3,452,961 3,452,961 $ 3,452,961    
Northeast | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     17.00%     20.00%    
West                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 22     21        
Net book value $ 1,935,719 1,935,719 $ 1,935,719 $ 1,865,382 1,865,382 $ 1,865,382    
Net Loan Exposure $ 1,814,883 1,814,883 $ 1,814,883 $ 1,746,309 1,746,309 $ 1,746,309    
West | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     10.00%     10.00%    
Midwest                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 11     10        
Net book value $ 943,864 943,864 $ 943,864 $ 997,156 997,156 $ 997,156    
Net Loan Exposure $ 797,296 797,296 $ 797,296 $ 820,858 820,858 $ 820,858    
Midwest | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     4.00%     5.00%    
Northwest                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 4     4        
Net book value $ 459,427 459,427 $ 459,427 $ 432,644 432,644 $ 432,644    
Net Loan Exposure $ 458,431 458,431 $ 458,431 $ 432,794 432,794 $ 432,794    
Northwest | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     3.00%     3.00%    
Subtotal                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 32     30        
Net book value $ 7,555,724 7,555,724 $ 7,555,724 $ 6,617,122 6,617,122 $ 6,617,122    
Net Loan Exposure $ 7,271,867 7,271,867 $ 7,271,867 $ 6,497,139 6,497,139 $ 6,497,139    
Subtotal | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     41.00%     38.00%    
United Kingdom                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 16     16        
Net book value $ 3,088,887 3,088,887 $ 3,088,887 $ 2,916,145 2,916,145 $ 2,916,145    
Net Loan Exposure $ 3,016,245 3,016,245 $ 3,016,245 $ 2,839,096 2,839,096 $ 2,839,096    
United Kingdom | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     17.00%     17.00%    
Ireland                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 3     3        
Net book value $ 1,115,753 1,115,753 $ 1,115,753 $ 1,050,276 1,050,276 $ 1,050,276    
Net Loan Exposure $ 1,110,602 1,110,602 $ 1,110,602 $ 1,048,329 1,048,329 $ 1,048,329    
Ireland | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     6.00%     6.00%    
Australia                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 4     3        
Net book value $ 1,062,241 1,062,241 $ 1,062,241 $ 920,182 920,182 $ 920,182    
Net Loan Exposure $ 1,066,203 1,066,203 $ 1,066,203 $ 923,507 923,507 $ 923,507    
Australia | 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 $ 802,613 802,613 $ 802,613 $ 785,368 785,368 $ 785,368    
Net Loan Exposure $ 758,165 758,165 $ 758,165 $ 744,287 744,287 $ 744,287    
Spain | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     4.00%     4.00%    
Sweden                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 1     1        
Net book value $ 473,437 473,437 $ 473,437 $ 429,084 429,084 $ 429,084    
Net Loan Exposure $ 473,728 473,728 $ 473,728 $ 429,724 429,724 $ 429,724    
Sweden | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     2.00%     2.00%    
Canada                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 1              
Net book value $ 434,420 434,420 $ 434,420          
Net Loan Exposure $ 273,344 273,344 $ 273,344          
Canada | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     2.00%          
Other Europe                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 3     3        
Net book value $ 517,620 517,620 $ 517,620 $ 455,417 455,417 $ 455,417    
Net Loan Exposure $ 512,645 512,645 $ 512,645 451,245 451,245 $ 451,245    
Other Europe | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     4.00%     4.00%    
Other International                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 1              
Net book value $ 60,753 60,753 $ 60,753 60,650 60,650 $ 60,650    
Net Loan Exposure $ 60,935 60,935 $ 60,935 $ 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%     0.00%    
Multifamily                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 52     50        
Net book value $ 5,417,246 5,417,246 $ 5,417,246 $ 5,091,767 5,091,767 $ 5,091,767    
Net Loan Exposure $ 5,239,108 5,239,108 $ 5,239,108 $ 4,934,364 4,934,364 $ 4,934,364    
Multifamily | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     30.00%     29.00%    
Office                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 41     41        
Net book value $ 5,925,523 5,925,523 $ 5,925,523 $ 7,386,333 7,386,333 $ 7,386,333    
Net Loan Exposure $ 5,190,538 5,190,538 $ 5,190,538 $ 5,729,418 5,729,418 $ 5,729,418    
Office | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     29.00%     33.00%    
Hospitality                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 17     16        
Net book value $ 2,857,777 2,857,777 $ 2,857,777 $ 2,768,374 2,768,374 $ 2,768,374    
Net Loan Exposure $ 2,745,468 2,745,468 $ 2,745,468 $ 2,663,349 2,663,349 $ 2,663,349    
Hospitality | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     15.00%     16.00%    
Industrial                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 14     11        
Net book value $ 2,590,953 2,590,953 $ 2,590,953 $ 2,030,627 2,030,627 $ 2,030,627    
Net Loan Exposure $ 2,558,417 2,558,417 $ 2,558,417 $ 2,000,831 2,000,831 $ 2,000,831    
Industrial | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     14.00%     12.00%    
Retail                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 5     5        
Net book value $ 605,745 605,745 $ 605,745 $ 555,553 555,553 $ 555,553    
Net Loan Exposure $ 581,280 581,280 $ 581,280 $ 532,069 532,069 $ 532,069    
Retail | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     3.00%     3.00%    
Self-storage                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 3              
Net book value $ 632,208 632,208 $ 632,208          
Net Loan Exposure $ 471,183 471,183 $ 471,183          
Self-storage | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     3.00%          
Life Sciences / Studio                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Number of Loans | loan 3     3        
Net book value $ 341,401 341,401 $ 341,401 $ 342,817 342,817 $ 342,817    
Net Loan Exposure $ 335,452 335,452 $ 335,452 $ 337,687 337,687 $ 337,687    
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 3     4        
Net book value $ 678,859 678,859 $ 678,859 $ 872,047 872,047 $ 872,047    
Net Loan Exposure $ 641,886 $ 641,886 $ 641,886 $ 836,585 $ 836,585 $ 836,585    
Other | Loan Exposure Risk | Financing Receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Net Loan Exposure Percentage of Portfolio     4.00%     5.00%