Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Loan receivables held for investment, net, at amortized cost
Mortgage loans receivable	$ 845,913	$ 675,211
Allowance for credit losses	(6,653)	(5,275)
Equity method investments	44,616	47,251
Cash and cash equivalents	7,783	26,622
Accrued interest receivable	5,833	3,750
Other assets	28	111
Deferred financing costs, net	1,291	1,519
Total assets	898,811	749,189
Liabilities
Repurchase agreement	277,671	186,945
Notes payable	259,246	259,417
Distribution payable	9,025	8,233
Reimbursement payable (see Note 8)	55	0
Incentive fee payable (see Note 8)	648	1,547
Management fee payable (see Note 8)	1,236	1,041
Accounts payable and accrued expenses	2,642	2,573
Other liabilities	134	108
Total liabilities	$ 551,617	$ 460,005
Other Liability, Noncurrent, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Commitments and contingencies (see Note 10)	$ 0	$ 0
Members' capital
Common units (36,364,835 and 30,006,873 units issued and outstanding at September 30, 2024 and December 31, 2023)	355,142	294,615
Distributions in excess of earnings	(7,948)	(5,431)
Total member's capital	347,194	289,184
Total liabilities and members' capital	898,811	749,189
Related Party [Member]
Liabilities
Related party payables and accrued expenses (See Note 8)	$ 960	$ 141