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Secured Borrowings - Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended
Feb. 28, 2022
USD ($)
Jan. 31, 2022
USD ($)
Jul. 31, 2021
USD ($)
hotel
Apr. 30, 2021
USD ($)
Mar. 31, 2023
USD ($)
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
May 31, 2021
USD ($)
Aug. 31, 2019
USD ($)
Secured Borrowings                  
Principal amount of notes purchased by third-party investors     $ 210,100            
RMBS                  
Secured Borrowings                  
Securitizations of loans     $ 230,000            
Number of hotels | hotel     41            
STWD 2022-FL3                  
Secured Borrowings                  
Face Amount $ 1,000,000                
Principal amount of notes purchased by third-party investors 842,500                
Long term debt, gross 82,500                
Liquidation preference $ 75,000                
CLO contribution period 2 years                
Additional contribution to CLO         $ 500        
STWD 2021-FL2                  
Secured Borrowings                  
Face Amount               $ 1,300,000  
Principal amount of notes purchased by third-party investors               1,100,000  
Long term debt, gross               70,100  
Liquidation preference               $ 127,500  
Additional contribution to CLO         18,900        
STWD 2019-FL1                  
Secured Borrowings                  
Face Amount                 $ 1,100,000
Principal amount of notes purchased by third-party investors                 936,400
Long term debt, gross                 86,600
Liquidation preference                 $ 77,000
Repayments of debt         5,000        
STWD 2021-SIF2                  
Secured Borrowings                  
Face Amount   $ 500,000              
Principal amount of notes purchased by third-party investors   410,000              
Liquidation preference   $ 90,000              
CLO contribution period   3 years              
Additional contribution to CLO         33,200        
STWD 2021-SIF1                  
Secured Borrowings                  
Face Amount       $ 500,000          
Principal amount of notes purchased by third-party investors       410,000          
Liquidation preference       $ 90,000          
CLO contribution period       3 years          
Additional contribution to CLO         53,400        
CLOs and SASB                  
Secured Borrowings                  
Amortization of deferred financing costs         2,700 $ 2,400      
Incurred debt issuance costs         37,900        
Deferred financing costs, net of amortization         15,500   $ 18,200    
Morgan Stanley Bank, N.A.                  
Secured Borrowings                  
Amount at risk         $ 814,500        
Weighted average extended maturities         3 years 2 months 12 days        
JPMorgan Chase Bank N.A.                  
Secured Borrowings                  
Amount at risk         $ 692,200        
Weighted average extended maturities         4 years 8 months 12 days        
Line of Credit | Commercial Loans Repurchase Facilities                  
Secured Borrowings                  
Increase in borrowing capacity, existing facilities         $ 200,000        
Repurchase Agreements                  
Secured Borrowings                  
Percentage of repurchase agreements for which margin calls are limited to collateral specific credit marks         69.00%        
Percentage of repurchase agreements containing margin call provisions for general capital market activity         31.00%        
Percentage of repurchase agreements containing margin call provisions that pertain to loans held-for-sale         6.00%        
Secured Borrowings                  
Secured Borrowings                  
Amortization of deferred financing costs         $ 10,200 $ 9,600      
Long term debt, gross         $ 14,946,128   $ 14,610,127