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Preferred Stock - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
May 01, 2024
Class of Stock [Line Items]      
Liquidation amount $ 438    
Carrying amount $ 426 $ 520  
Call of preferred stock   $ 494  
Preferred stock, issued (in shares) 16,750 26,750  
Noncontrolling interest $ 295 $ 295  
Retained Earnings      
Class of Stock [Line Items]      
Call of preferred stock $ 7    
Series A      
Class of Stock [Line Items]      
Liquidation amount     $ 100
Carrying amount     $ 94
Preferred Class A      
Class of Stock [Line Items]      
Preferred stock, issued (in shares) 300,000    
Liquidation preference per share (in dollars per share) $ 1,000    
Basis spread on variable rate 1.11161%    
Noncontrolling interest $ 295 $ 295  
Annual dividend rate 3.75%    
Preferred Class A | Variable Rate Basis Spread, Percentage One      
Class of Stock [Line Items]      
Basis spread on variable rate 0.26161%    
Preferred Class A | Variable Rate Basis Spread, Percentage Two      
Class of Stock [Line Items]      
Basis spread on variable rate 0.85%    
Preferred Class B | FT Real Estate Securities Company, Inc.:      
Class of Stock [Line Items]      
Liquidation preference per share (in dollars per share) $ 1,000,000    
Annual dividend rate 9.50%    
Stock issued (in shares) 50    
Preferred Class B | FT Real Estate Securities Company, Inc.: | Non Affiliates      
Class of Stock [Line Items]      
Stock issued (in shares) 47