Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Summary of Fair Value of Financial Assets and Liabilities

The following tables provide information about the fair value of the Company’s financial assets and liabilities on the Company’s consolidated balance sheets (dollars in thousands):

	June 30, 2022
			Fair value
	Carrying value		Level I		Level II		Level III
Financial assets
Loans held for investment	$	4,617,254	$	—	$	—	$	4,644,660
Financial liabilities
Collateralized loan obligations	2,639,314		—		—		2,656,671
Secured credit agreements	1,087,419		—		—		1,092,568
Secured revolving credit facility	49,997		—		—		49,997
Asset-specific financing arrangements	123,579		—		—		127,263

	December 31, 2021
			Fair value
	Carrying value		Level I		Level II		Level III
Financial assets
Loans held for investment	$	4,867,203	$	—	$	—	$	4,899,666
Financial liabilities
Collateralized loan obligations	2,545,691		—		—		2,558,544
Secured credit agreements	1,162,206		—		—		1,169,710