Investments in Real Estate Debt - Summary of Company's Investments in Real Estate Debt (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024 USD ($) Positions	Dec. 31, 2023 USD ($) Positions
Real Estate [Line Items]
Number of Position | Positions	36	26
Weighted Average Coupon	8.70%	9.30%
Weighted Average Maturity Date	2028-10	2028-04
Face Amount	$ 728,772	$ 328,679
Cost Basis	728,413	327,982
Fair Value	$ 728,772	$ 328,189
Commercial Mortgage Loan
Real Estate [Line Items]
Number of Position | Positions	18	11
Weighted Average Coupon	8.50%	9.10%
Weighted Average Maturity Date	2028-05	2027-09
Face Amount	$ 585,545	$ 252,868
Cost Basis	585,501	252,668
Fair Value	$ 585,545	$ 252,868
Mezzanine Loans
Real Estate [Line Items]
Number of Position | Positions	2	1
Weighted Average Coupon	10.60%	10.00%
Weighted Average Maturity Date	2028-04	2026-09
Face Amount	$ 112,500	$ 50,000
Cost Basis	112,500	50,000
Fair Value	$ 112,500	$ 50,000
Real Estate-related Securities
Real Estate [Line Items]
Number of Position | Positions	16	14
Weighted Average Coupon	6.70%	7.00%
Weighted Average Maturity Date	2038-07	2037-05
Face Amount	$ 30,727	$ 25,811
Cost Basis	30,412	25,314
Fair Value	$ 30,727	$ 25,321