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Loans - Risk Ratings by Class of Loan (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments in loans    
Total Amortized Cost Basis $ 19,627,876 $ 20,528,925
Credit Loss Allowance 331,646 309,039
Loans under fair value option    
Investments in loans    
Total Amortized Cost Basis 2,689,368 $ 2,645,637
Credit Loss Allowance 0  
Commercial Portfolio Segment    
Investments in loans    
2024 0  
2023 913,198  
2022 4,126,995  
2021 6,552,514  
2020 508,452  
Prior 2,451,599  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 14,552,758  
Credit Loss Allowance 322,087  
Commercial Portfolio Segment | LTV less than 60%    
Investments in loans    
2024 0  
2023 39,940  
2022 2,030,997  
2021 2,722,811  
2020 188,168  
Prior 1,082,498  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 6,064,414  
Credit Loss Allowance 18,658  
Commercial Portfolio Segment | LTV 60% - 70%    
Investments in loans    
2024 0  
2023 797,229  
2022 1,951,080  
2021 3,429,617  
2020 96,804  
Prior 317,598  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 6,592,328  
Credit Loss Allowance 127,080  
Commercial Portfolio Segment | LTV > 70%    
Investments in loans    
2024 0  
2023 61,805  
2022 103,050  
2021 400,086  
2020 223,480  
Prior 1,032,003  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 1,820,424  
Credit Loss Allowance 171,424  
Commercial Portfolio Segment | Credit deteriorated    
Investments in loans    
2024 0  
2023 0  
2022 0  
2021 0  
2020 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    
2024 0  
2023 14,224  
2022 41,868  
2021 0  
2020 0  
Prior 14,575  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 70,667  
Credit Loss Allowance 0  
Infrastructure Portfolio Segment    
Investments in loans    
2024 0  
2023 800,630  
2022 141,259  
2021 288,473  
2020 104,546  
Prior 1,037,336  
Revolving Loans Amortized Cost Total 13,506  
Total Amortized Cost Basis 2,385,750  
Credit Loss Allowance 9,559  
Infrastructure Portfolio Segment | Loans under fair value option    
Investments in loans    
Total Amortized Cost Basis 47,149  
Infrastructure Portfolio Segment | Power    
Investments in loans    
2024 0  
2023 390,601  
2022 0  
2021 104,679  
2020 68,445  
Prior 734,584  
Revolving Loans Amortized Cost Total 13,506  
Total Amortized Cost Basis 1,311,815  
Credit Loss Allowance 3,674  
Infrastructure Portfolio Segment | Oil and gas    
Investments in loans    
2024 0  
2023 410,029  
2022 141,259  
2021 183,794  
2020 36,101  
Prior 302,752  
Revolving Loans Amortized Cost Total 0  
Total Amortized Cost Basis 1,073,935  
Credit Loss Allowance $ 5,885