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Borrowings - Schedule of Components of the Company's Interest Expense and Other Debt Financing Expenses, Average Debt Outstanding Balances and Average Stated Interest Rates (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Borrowings        
Amortization of debt issuance costs $ 2,289 $ 2,226 $ 5,142 $ 4,225
Total interest and other debt financing expenses 44,272 30,372 83,865 57,592
Average debt outstanding $ 2,448,090 $ 1,459,289 $ 2,288,822 $ 1,386,197
Average stated interest rate 6.90% 7.80% 6.90% 7.70%
Interest expense - Revolving Credit Facility        
Borrowings        
Interest expense $ 9,408 $ 5,549 $ 17,004 $ 11,131
Interest expense - SPV Credit Facility        
Borrowings        
Interest expense 4,232 5,603 8,147 10,676
Interest expense - SPV II Credit Facility        
Borrowings        
Interest expense 2,908 3,790 6,026 6,132
Interest expense - SPV III Credit Facility        
Borrowings        
Interest expense 2,774 988 4,337 988
Interest expense - SPV IV Credit Facility        
Borrowings        
Interest expense 5,194 0 9,937 0
Interest expense - SPV V Credit Facility        
Borrowings        
Interest expense 2,343 0 2,705 0
Interest expense - 2022 ABS        
Borrowings        
Interest expense 2,699 3,221 5,709 6,442
Interest expense - 2023 ABS        
Borrowings        
Interest expense 3,905 4,285 7,818 8,578
Interest expense - 2028 Notes        
Borrowings        
Interest expense 4,710 4,710 9,420 9,420
Interest expense - 2029 Notes        
Borrowings        
Interest expense $ 3,810 $ 0 $ 7,620 $ 0