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Fair Value Measurement (Tables)
 3 Months Ended
Mar. 31, 2026
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, 2026December 31, 2025
Carrying ValueFair ValueCarrying ValueFair Value
Recourse debt$626,459 $715,370 $717,529 $919,709 
Senior debt5,098,837 5,043,582 4,759,238 4,739,577 
Subordinated debt3,197,493 3,125,086 3,279,002 3,220,986 
Securitization debt5,872,556 5,697,424 5,939,802 5,861,033 
Total$14,795,345 $14,581,462 $14,695,571 $14,741,305 
Schedule of Fair Value, Financial Instruments Measured on Recurring Basis
At March 31, 2026 and December 31, 2025, financial instruments measured at fair value on a recurring basis, based upon the fair value hierarchy, are as follows (in thousands):
March 31, 2026
Level 1Level 2Level 3Total
Derivative assets:
Interest rate swaps$— $119,067 $— $119,067 
Total$— $119,067 $— $119,067 
Derivative liabilities:
Interest rate swaps$— $10,091 $— $10,091 
Total$— $10,091 $— $10,091 
December 31, 2025
Level 1Level 2Level 3Total
Derivative assets:
Interest rate swaps$— $102,346 $— $102,346 
Total$— $102,346 $— $102,346 
Derivative liabilities:
Interest rate swaps$— $14,860 $— $14,860 
Total$— $14,860 $— $14,860