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Preferred Stock - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2023
Aug. 01, 2025
Dec. 31, 2024
Class of Stock [Line Items]        
Liquidation amount $ 358      
Carrying amount $ 349     $ 426
Call of preferred stock   $ 494    
Preferred stock, issued (in shares) 8,750     16,750
Noncontrolling interest $ 295     $ 295
Retained Earnings        
Class of Stock [Line Items]        
Call of preferred stock $ 3      
Series A        
Class of Stock [Line Items]        
Liquidation amount     $ 80  
Carrying amount     $ 77  
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