XML 77 R54.htm IDEA: XBRL DOCUMENT v3.25.2
Summary of Significant Accounting Policies (Details)
6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
real_estate_owned_asset
Jun. 30, 2025
USD ($)
real_estate_owned_asset
loan
Jun. 30, 2025
USD ($)
real_estate_owned_asset
security_loan
Dec. 31, 2024
USD ($)
loan
real_estate_owned_asset
Dec. 31, 2024
USD ($)
real_estate_owned_asset
security_loan
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Restricted cash $ 0 $ 0 $ 0 $ 0 $ 0          
Number of REO assets classified as held for sale investment | real_estate_owned_asset 8 8 8 7 7          
Maximum guarantee $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000          
Guarantee liability 19,000 19,000 19,000 19,000 19,000          
CECL reserve 740,851,000 $ 740,851,000 $ 740,851,000 $ 733,936,000 $ 733,936,000 $ 741,541,000 $ 893,938,000 $ 751,370,000 $ 576,936,000  
Number of loans   144 144 130 130          
Principal balance $ 19,706,105,000 $ 19,706,105,000 $ 19,706,105,000 $ 19,047,518,000 $ 19,047,518,000          
Number of properties acquired | real_estate_owned_asset 1 1 1              
Level 3 | Minimum | Capitalization rate                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Measurement input 0.0600 0.0600 0.0600              
Level 3 | Minimum | Discount rate                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Measurement input 0.0700 0.0700 0.0700              
Level 3 | Maximum | Capitalization rate                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Measurement input 0.0800 0.0800 0.0800              
Level 3 | Maximum | Discount rate                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Measurement input 0.1500 0.1500 0.1500              
Level 3 | Fair Value, Nonrecurring                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
CECL reserve $ 558,800,000 $ 558,800,000 $ 558,800,000              
Number of loans | loan   14                
Principal balance $ 1,600,000,000 $ 1,600,000,000 $ 1,600,000,000              
Level 3 | Fair Value, Nonrecurring | Capitalization rate                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Real estate owned, measurement input 0.0855 0.0855 0.0855              
Level 3 | Fair Value, Nonrecurring | Discount rate                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Real estate owned, measurement input 0.1055 0.1055 0.1055              
Building                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Estimated useful lives (in years) 40 years                  
Leasehold Improvements                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Estimated useful lives (in years) 10 years                  
Multifamily Joint Venture                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Ownership percentage                   85.00%
Multifamily Joint Venture | Walker & Dunlop                    
Accounts, Notes, Loans and Financing Receivable [Line Items]                    
Minority participation in senior term facility                   15.00%