Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Carrying Values and Fair Values of Debt Instruments

The carrying values and fair values of debt instruments are as follows (in thousands):

	March 31, 2023				December 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Recourse debt	$	945,695	$	803,695	$	898,040	$	787,340
Senior debt	3,667,406		3,612,815		3,238,633		3,176,774
Subordinated debt	1,822,670		1,734,616		1,743,048		1,625,258
Securitization debt	2,490,733		2,202,600		2,519,428		2,169,247
Total	$	8,926,504	$	8,353,726	$	8,399,149	$	7,758,619

Schedule of Fair Value, Financial Instruments Measured on Recurring Basis

At March 31, 2023 and December 31, 2022, financial instruments measured at fair value on a recurring basis, based upon the fair value hierarchy, are as follows (in thousands):

	March 31, 2023
	Level 1		Level 2		Level 3		Total
Derivative assets:
Interest rate swaps	$	—	$	132,034	$	—	$	132,034
Total	$	—	$	132,034	$	—	$	132,034
Derivative liabilities:
Interest rate swaps	$	—	$	38,242	$	—	$	38,242
Total	$	—	$	38,242	$	—	$	38,242

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Derivative assets:
Interest rate swaps	$	—	$	177,827	$	—	$	177,827
Total	$	—	$	177,827	$	—	$	177,827
Derivative liabilities:
Interest rate swaps	$	—	$	8,247	$	—	$	8,247
Total	$	—	$	8,247	$	—	$	8,247