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Investments in Real Estate Debt - Summary of Investments in Real Estate Debt (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
Position
Dec. 31, 2022
USD ($)
Position
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 8 10
Weighted Average Coupon B + 4.92% [1] B + 4.82% [2]
Weighted Average Maturity Date [3] 2028-03 2028-10
Cost Basis $ 1,657,714 $ 1,767,443
Investments in real estate debt $ 1,589,350 $ 1,657,663
CMBS - floating    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 6 8
Weighted Average Coupon B + 4.69% [1] B + 4.18% [2]
Weighted Average Maturity Date [3] 2036-10 2037-05
Cost Basis $ 206,252 $ 306,026
Investments in real estate debt $ 201,070 $ 290,807
Term Loan    
Schedule Of Trading Securities And Other Trading Assets [Line Items]    
Number of Positions | Position 2 2
Weighted Average Coupon B + 4.95% [1] B + 4.96% [2]
Weighted Average Maturity Date [3] 2027-01 2027-01
Cost Basis $ 1,451,462 $ 1,461,417
Investments in real estate debt $ 1,388,280 $ 1,366,856
[1] The symbol “B” refers to the relevant benchmark rates, which includes one-month Secured Overnight Financing Rate (“SOFR”), three-month Bank Bill Swap Bid Rate (“BBSY”) and Sterling Overnight Index Average (“SONIA”) as applicable to each security and loan.
[2] The symbol “B” refers to the relevant benchmark rates, which includes one-month LIBOR, one-month SOFR, three-month BBSY and SONIA as applicable to each security and loan.
[3] Weighted average maturity date is based on the fully extended maturity date of the underlying collateral.