Other Assets and Liabilities - Schedule of Activity of Real Estate Owned (REO) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2026
Other Real Estate [Roll Forward]
Balance at beginning of period	$ 121,167	$ 124,270
Transfers to REO	21,504	47,880
Liquidations	(2,429)	(24,077)
Changes in fair value, net	(6,221)	(14,052)
Balance at End of Period	134,021	134,021
Loss from liquidation	6,000	14,000
Securitized Term Loans
Other Real Estate [Roll Forward]
Balance at beginning of period	29,359	19,903
Transfers to REO	0	9,456
Liquidations	(774)	(774)
Changes in fair value, net	0	0
Balance at End of Period	28,585	28,585
Bridge Loan | Unsecuritized Bridge
Other Real Estate [Roll Forward]
Balance at beginning of period	88,811	102,383
Transfers to REO	17,478	33,385
Liquidations	(1,655)	(23,303)
Changes in fair value, net	(5,799)	(13,630)
Balance at End of Period	98,835	98,835
Bridge Loan | Sequoia Securitized Loans
Other Real Estate [Roll Forward]
Balance at beginning of period	2,997	1,984
Transfers to REO	4,026	5,039
Liquidations	0	0
Changes in fair value, net	(422)	(422)
Balance at End of Period	$ 6,601	$ 6,601