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Loans Held for Investment, net - Narrative (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Sep. 30, 2023
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Jun. 30, 2024
USD ($)
investment
Jun. 30, 2023
USD ($)
investment
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Interest receivable   $ 15,900       $ 14,400  
Financing receivable, accrued interest, after allowance for credit loss, statement of financial position, extensible list, not disclosed, flag   Receivables, net       Receivables, net  
Increase of current expected credit loss reserve           $ 114,312 $ 68,579
Number of CRE debt investments contributed to more than 10% of interest income (in investments) | investment           0 0
Percent of interest income contributed by investment           10.00% 10.00%
Mezzanine A              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Financing receivable, additional extension       1 year      
Weighted average coupon (in percentage)       10.00%      
Mezzanine B              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Weighted average coupon (in percentage)       12.00%      
Mezzanine loan              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Weighted average coupon (in percentage)       13.00%      
Milpitas, California | Development Mezzanine Loan              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Increase of current expected credit loss reserve $ 14,500       $ 14,500    
Milpitas, California | Development Mezzanine Loan | Mezzanine A              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Increase of current expected credit loss reserve       $ 30,200      
Amount of loan modified   $ 32,600          
Milpitas, California | Development Mezzanine Loan | Mezzanine B              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Increase of current expected credit loss reserve       $ 14,500      
Tualatin, Oregon | Senior loans              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Amount of loan modified   $ 39,400          
Exit fee interest rate (as a percentage)   2.50%          
Amount funded for operating shortfalls   $ 300          
Tualatin, Oregon | Senior loans | Contractual Interest Rate Reduction              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Reduction in loan interest rate (as a percentage)   1.50% 3.96%        
PD/LGD model              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Allowance for lending commitments   $ 400       $ 500  
Commercial mortgage              
Accounts, Notes, Loans and Financing Receivable [Line Items]              
Future funding commitments   $ 168,200       $ 127,300