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Debt Obligations, Net - Narrative (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2025
USD ($)
Aug. 31, 2025
USD ($)
Jun. 30, 2025
Jan. 31, 2025
USD ($)
Oct. 31, 2024
USD ($)
Jun. 30, 2022
USD ($)
Dec. 31, 2025
USD ($)
$ / shares
Oct. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Mar. 31, 2024
USD ($)
Debt Instrument [Line Items]                    
Debt instrument, face amount             $ 4,822,478,000   $ 3,482,175,000  
Line of Credit                    
Debt Instrument [Line Items]                    
Facility Capacity               $ 400,000,000   $ 250,000,000
Corporate Debt Securities | 9.125% Senior Notes | Unsecured Debt                    
Debt Instrument [Line Items]                    
Debt instrument, face amount       $ 90,000,000     $ 59,127,000   $ 60,000,000  
Weighted Average Interest Rate       9.125%     9.125%   9.125%  
Redemption price (as a percent)       100.00%            
Corporate Debt Securities | 9.5% Senior Notes | Unsecured Debt                    
Debt Instrument [Line Items]                    
Debt instrument, face amount $ 100,000,000           $ 100,000,000      
Weighted Average Interest Rate 9.50%           9.50%      
Redemption price (as a percent) 100.00%                  
7.75% Convertible Senior Notes | Convertible Debt                    
Debt Instrument [Line Items]                    
Debt instrument, face amount   $ 50,000,000     $ 40,000,000 $ 215,000,000        
Debt instrument, interest rate (as a percent)           7.75%        
Net proceeds from issuance of convertible debt   $ 49,000,000     $ 39,000,000 $ 208,000,000        
Convertible debt, conversion ratio             0.0956823      
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares             $ 10.45      
Repurchase amount             $ 0   $ 4,000,000  
5.75% Exchangeable Senior Notes | Convertible Debt                    
Debt Instrument [Line Items]                    
Repayments of convertible debt             $ 124,000,000      
Sequoia And Other Third-Party Securities | Recourse Subordinate Securities Financing Receivable | Affiliated Entity | Unsecuritized HEI                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time     7.27%              
Sequoia And Other Third-Party Securities | Recourse Subordinate Securities Financing Receivable | Affiliated Entity | Unsecuritized HEI | June 2027 Through July 2028                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time     10.27%