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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Restricted cash $ 48,169 $ 37,868
Loans held for investment 1,629,366 1,528,806
Real estate owned held for investment, net 76,848 130,165
Other liabilities $ 59,725 $ 48,614
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 450,000,000 450,000,000
Common stock, shares issued (in shares) 55,367,672 55,026,453
Common stock, shares outstanding (in shares) 55,367,672 55,026,453
Variable Interest Entity, Primary Beneficiary    
Restricted cash   $ 1,108
Loans held for investment   138,950
Real estate owned held for investment, net   52,634
Interest receivable   76
Other liabilities   $ 257