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Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Notional Amount of Derivatives and Other Financial Instruments
The following presents the notional amount of derivatives and other financial instruments as of the dates indicated (in thousands):
 September 30, 2025December 31, 2024
Derivatives designated as net investment hedges:
Denominated in Canadian Dollars$5,702,699 $2,904,028 
Denominated in Pounds Sterling£1,530,708 £1,430,708 
Financial instruments designated as net investment hedges:
Denominated in Canadian Dollars$250,000 $250,000 
Denominated in Pounds Sterling£1,050,000 £1,050,000 
Interest rate swaps and caps designated as cash flow hedges:
Denominated in U.S. Dollars $— $22,601 
Denominated in Canadian Dollars (1)
$32,000 $— 
Interest rate swaps designated as fair value hedges:
Denominated in U.S. Dollars$550,000 $550,000 
Derivative instruments not designated:
Foreign currency exchange contracts denominated in Canadian Dollars$80,000 $80,000 
Foreign currency exchange contracts denominated in Pounds Sterling£270,000 £— 
(1) At September 30, 2025, the maximum maturity date was March 19, 2027.
Summary of Impact of Derivative Instruments on the Consolidated Statements of Comprehensive Income
The following presents the impact of derivative instruments on the Consolidated Statements of Comprehensive Income for the periods presented (in thousands):
Three Months Ended September 30,
Nine Months Ended
September 30,
DescriptionLocation2025202420252024
Gain (loss) on derivative instruments designated as hedges recognized in incomeInterest expense$14,948 $6,394 $41,508 $17,045 
Gain (loss) on derivative instruments not designated as hedges recognized in incomeInterest expense$3,106 $(678)$(577)$1,238 
Gain (loss) on equity warrants recognized in incomeGain (loss) on derivatives and financial instruments, net$(31,682)$9,911 $(28,063)$18,790 
Gain (loss) on derivative and financial instruments designated as hedges recognized in OCIOCI$154,461 $(194,988)$(377,669)$(125,277)