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Repurchase Agreements, Loan Participations Sold, Notes Payable and Secured Term Loan, Net - Summary of Secured Term Loan (Details) - USD ($)
1 Months Ended 12 Months Ended
Jan. 31, 2022
Jun. 02, 2021
Dec. 31, 2021
Dec. 31, 2020
Secured Term Loan [Line Items]        
Contractual Maturity Date Jul. 05, 2022 Feb. 09, 2024    
Outstanding principal balance       $ 500,000,000
Carrying value     $ 167,744,000 [1] $ 516,484,000 [2]
Secured Term Loan        
Secured Term Loan [Line Items]        
Contractual Maturity Date     Aug. 09, 2026 Aug. 09, 2026
Stated     S + 4.50% [3] L + 5.00% [4]
Debt Instrument Interest Rate     5.00% 6.00%
Outstanding principal balance     $ 762,717,000 $ 768,554,000
Carrying value     $ 739,762,000 $ 746,095,000
[1] This financing has a LIBOR floor of 1.85%.
[2] Weighted average interest rate as of December 31, 2020 was 5.09%. Weighted average is based on outstanding principal as of December 31, 2020.
[3] One-month SOFR at December 31, 2021 was 0.05%. Following the modification on December 1, 2021, the secured term loan has a floor equal to the greater of one-month SOFR plus 0.10%, and 0.50%.
[4] One-month LIBOR at December 31, 2020 was 0.14%. The secured term loan has a LIBOR floor of 1.00%.