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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 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Borrowings        
Amortization of debt issuance costs $ 2,156 $ 2,508 $ 7,298 $ 6,733
Total interest and other debt financing expenses 48,734 37,754 132,599 95,346
Average debt outstanding $ 2,703,365 $ 1,852,615 $ 2,428,495 $ 1,542,805
Average stated interest rate 6.80% 7.60% 6.90% 7.70%
Interest expense - Revolving Credit Facility        
Borrowings        
Interest expense $ 6,107 $ 4,898 $ 23,111 $ 16,029
Interest expense - SPV Credit Facility        
Borrowings        
Interest expense 4,295 7,534 12,442 18,210
Interest expense - SPV II Credit Facility        
Borrowings        
Interest expense 5,886 4,473 11,912 10,605
Interest expense - SPV III Credit Facility        
Borrowings        
Interest expense 3,137 1,322 7,474 2,310
Interest expense - SPV IV Credit Facility        
Borrowings        
Interest expense 5,346 2,478 15,283 2,478
Interest expense - SPV V Credit Facility        
Borrowings        
Interest expense 3,828 0 6,533 0
Interest expense - 2022 ABS        
Borrowings        
Interest expense 2,541 3,221 8,250 9,663
Interest expense - 2023 ABS        
Borrowings        
Interest expense 3,952 4,312 11,770 12,890
Interest expense - 2028 Notes        
Borrowings        
Interest expense 4,710 4,710 14,130 14,130
Interest expense - 2029 Notes        
Borrowings        
Interest expense 3,810 2,298 11,430 2,298
Interest expense - July 2028 Notes        
Borrowings        
Interest expense 586 0 586 0
Interest expense - July 2030 Notes        
Borrowings        
Interest expense $ 2,380 $ 0 $ 2,380 $ 0