XML 113 R99.htm IDEA: XBRL DOCUMENT v3.24.0.1
Related-Party Transactions - Management Agreement (Details)
12 Months Ended
Dec. 31, 2023
USD ($)
qtr
d
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
shares
Related-Party Transactions      
Trading days period | d 5    
Granted (in shares) | shares 914,694    
Share-based expense $ 52,949,000 $ 65,089,000 $ 74,421,000
Manager Equity Plan      
Related-Party Transactions      
Granted (in shares) | shares 0    
S P T Management L L C      
Related-Party Transactions      
Base management fee 1.50%    
Management fee expense $ 87,300,000 86,700,000 77,900,000
Base management fee payable $ 21,900,000 21,800,000  
Core earnings period threshold 12 months    
Core earnings threshold percentage 8.00%    
Core earnings threshold, number of quarters | qtr 12    
Core earnings threshold amount $ 0    
Incentive fee calculation amount $ 0    
Incentive fee calculation multiplication factor 20.00%    
Rolling period 12 months    
Stock value factor 8.00%    
Incentive fee quarters period | qtr 3    
Percentage of installment payable in shares 50.00%    
Stock ownership limit 9.80%    
Accrued incentive fee $ 35,700,000 49,600,000 70,300,000
Unpaid incentive fee 19,500,000 14,500,000  
Executive compensation expense 8,000,000 8,600,000 $ 7,100,000
Unpaid reimbursable compensation $ 3,400,000 $ 4,900,000  
Percentage of votes needed to terminate agreement 66.67%    
Termination period notice 180 days    
Termination fee multiplier 3    
Termination fee period quarters | qtr 8    
Termination fee payable $ 0    
Termination period without notice 30 days    
S P T Management L L C | Restricted Stock Awards      
Related-Party Transactions      
Granted (in shares) | shares 226,955 200,972 1,013,232
Grant date values $ 4,300,000 $ 4,800,000 $ 20,300,000
Share-based expense $ 8,700,000 $ 8,900,000 $ 9,700,000
S P T Management L L C | Restricted Stock Awards | Manager Equity Plan      
Related-Party Transactions      
Vesting Period 3 years    
S P T Management L L C | Employee Stock      
Related-Party Transactions      
Share-based expense $ 0