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Loans - Risk Ratings by Class of Loan (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments in loans    
Total Amortized Cost Basis $ 20,528,925 $ 21,285,446
Credit Loss Allowance 309,039 99,413
Loans under fair value option    
Investments in loans    
Total Amortized Cost Basis 2,645,637 $ 2,784,594
Credit Loss Allowance 0  
Commercial Portfolio Segment    
Investments in loans    
2023 915,656  
2022 4,123,106  
2021 6,985,760  
2020 737,416  
2019 1,456,090  
Prior 1,159,336  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 15,377,364  
Credit Loss Allowance 298,775  
Commercial Portfolio Segment | LTV less than 60%    
Investments in loans    
2023 321,465  
2022 2,040,870  
2021 2,979,413  
2020 188,140  
2019 937,355  
Prior 232,009  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 6,699,252  
Credit Loss Allowance 24,939  
Commercial Portfolio Segment | LTV 60% - 70%    
Investments in loans    
2023 518,912  
2022 1,937,799  
2021 3,522,841  
2020 97,805  
2019 85,287  
Prior 318,432  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 6,481,076  
Credit Loss Allowance 78,495  
Commercial Portfolio Segment | LTV > 70%    
Investments in loans    
2023 60,905  
2022 102,732  
2021 483,506  
2020 451,471  
2019 433,448  
Prior 589,037  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 2,121,099  
Credit Loss Allowance 190,416  
Commercial Portfolio Segment | Credit deteriorated    
Investments in loans    
2023 0  
2022 0  
2021 0  
2020 0  
2019 0  
Prior 4,925  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 4,925  
Credit Loss Allowance 4,925  
Commercial Portfolio Segment | Defeased and other    
Investments in loans    
2023 14,374  
2022 41,705  
2021 0  
2020 0  
2019 0  
Prior 14,933  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 71,012  
Credit Loss Allowance 0  
Infrastructure Portfolio Segment    
Investments in loans    
2023 900,990  
2022 136,704  
2021 317,479  
2020 72,687  
2019 494,924  
Prior 577,859  
Revolving Loans Amortized Cost Total 5,281  
Total Amortized Cost Basis 2,505,924  
Credit Loss Allowance 10,264  
Infrastructure Portfolio Segment | Power    
Investments in loans    
2023 441,646  
2022 0  
2021 106,343  
2020 72,687  
2019 276,795  
Prior 442,784  
Revolving Loans Amortized Cost Total 3,213  
Total Amortized Cost Basis 1,343,468  
Credit Loss Allowance 4,099  
Infrastructure Portfolio Segment | Oil and gas    
Investments in loans    
2023 410,674  
2022 136,704  
2021 211,136  
2020 0  
2019 218,129  
Prior 135,075  
Revolving Loans Amortized Cost Total 2,068  
Total Amortized Cost Basis 1,113,786  
Credit Loss Allowance 6,009  
Infrastructure Portfolio Segment | Other    
Investments in loans    
2023 48,670  
2022 0  
2021 0  
2020 0  
2019 0  
Prior 0  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 48,670  
Credit Loss Allowance $ 156