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Investments in Real Estate-Related Securities (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Principal Balance $ 32,956 $ 25,202
Unamortized Premium (Discount) (1,247) (1,160)
Amortized Cost / Cost 35,775 30,183
Unrealized Gain (Loss), Net 0 (2,153)
Fair Value 35,775 28,030
Non-agency CMBS    
Debt Instrument [Line Items]    
Principal Balance 32,956 25,202
Unamortized Premium (Discount) (1,247) (1,160)
Amortized Cost / Cost 31,710 24,042
Unrealized Gain (Loss), Net (251) (741)
Fair Value $ 31,459 $ 23,301
Period-end Weighted Average Yield 7.60% 7.26%
Preferred stock of REITs    
Debt Instrument [Line Items]    
Amortized Cost / Cost   $ 2,107
Unrealized Gain (Loss), Net   (171)
Fair Value   $ 1,936
Period-end Weighted Average Yield   6.71%
Common stock of REITs    
Debt Instrument [Line Items]    
Amortized Cost / Cost $ 4,065 $ 4,034
Unrealized Gain (Loss), Net 251 (1,241)
Fair Value $ 4,316 $ 2,793
Period-end Weighted Average Yield 5.28% 5.51%