Preferred Stock - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2025	Dec. 31, 2024
Class of Stock [Line Items]
Preferred stock, issued (in shares)	16,750	16,750
Noncontrolling interest	$ 295	$ 295
Preferred Class A
Class of Stock [Line Items]
Preferred stock, issued (in shares)	300,000
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Basis spread on variable rate	1.11161%
Annual dividend rate	3.75%
Noncontrolling interest	$ 295	$ 295
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]
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000,000
Annual dividend rate	9.50%
Preferred stock issuance (in shares)	50
Preferred Class B | FT Real Estate Securities Company, Inc. | Non Affiliates
Class of Stock [Line Items]
Preferred stock issuance (in shares)	47