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Earnings Per Share (Earnings Allocable to Common Shares) (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Mar. 31, 2023
Numerator for basic and diluted earnings per share:        
Net income (loss) allocable to common shareholders - Basic $ (86,755) $ (196,356) $ (36,348)  
Net income (loss) allocable to common shareholders - Diluted $ (86,755) $ (196,356) $ (36,348)  
Denominator for basic and diluted earnings per share:        
Weighted average common shares outstanding for basic earnings per common share 13,320,000 13,320,000 13,320,000  
Weighted average common shares outstanding for diluted earnings per common share 13,320,000 13,320,000 13,320,000  
Basic and diluted earnings per common share:        
Net income (loss) allocable to common shareholders - Basic $ (6.51) $ (14.74) $ (2.73)  
Net income (loss) allocable to common shareholders - Diluted $ (6.51) $ (14.74) $ (2.73)  
Pro rata distribution of common shares issued for each outstanding share of iStar common share at Spin-off.     0.153 0.153