v3.25.1
Long-Term Debt - Narrative (Details)
1 Months Ended 3 Months Ended
Apr. 17, 2023
USD ($)
Aug. 31, 2022
USD ($)
renewalPeriod
Mar. 31, 2025
USD ($)
renewalPeriod
extensionTerm
Rate
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Feb. 16, 2023
USD ($)
Aug. 12, 2022
USD ($)
Jun. 05, 2019
USD ($)
tranche
Debt Instrument [Line Items]                
Debt instrument, repurchase program, maximum amount           $ 100,000,000    
Threshold percentage     50.00%          
Cash sweeping event | Rate     175.00%          
Rapid amortization event | Rate     120.00%          
Manager termination event | Rate     120.00%          
Interest-only debt service coverage ratio, default event | Rate     110.00%          
Debt service coverage ratio | Rate     340.00%          
Unamortized debt issuance costs     $ 6,900,000   $ 7,400,000      
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II and Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I                
Debt Instrument [Line Items]                
Number of tranches issued | tranche               2
Series 2019-1 4.194% Fixed Rate Senior Secured Notes, Class A-2-I                
Debt Instrument [Line Items]                
Debt interest rate (in percent)               4.194%
Debt instrument, face amount               $ 700,000,000
Series 2019-1 4.723% Fixed Rate Senior Secured Notes, Class A-2-II                
Debt Instrument [Line Items]                
Debt interest rate (in percent)     4.723%   4.723%     4.723%
Debt instrument, face amount               $ 600,000,000
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively                
Debt Instrument [Line Items]                
Debt interest rate (in percent)     6.93%   7.14%      
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively | Revolving Credit Facility                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity   $ 325,000,000         $ 325,000,000  
Number of renewal periods | renewalPeriod   2 2          
Renewal period term (in years)   1 year 1 year          
Interest rate after renewal date (in percent)   5.00%            
Proceeds from long-term lines of credit     $ 100,000,000          
Letters of credit outstanding, amount     600,000          
Line of credit facility, current borrowing capacity     $ 224,400,000          
Debt, weighted average interest rate (in percent)     6.95%          
Debt issuance costs, gross   $ 6,300,000            
Amortization of debt issuance costs     $ 300,000 $ 300,000        
Debt issuance costs, net     $ 3,100,000          
Number of additional extensions | extensionTerm     2          
Additional extension (in years)     1 year          
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR)                
Debt Instrument [Line Items]                
Basis spread on variable rate (in percent)   2.50%            
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively | Letter of Credit | Secured Overnight Financing Rate (SOFR)                
Debt Instrument [Line Items]                
Basis spread on variable rate (in percent)   0.50%            
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively | Letter of Credit | Federal Funds Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate (in percent)   0.50%            
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively | Letter of Credit | Base Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate (in percent)   2.00%            
Series 2022-1 Variable Funding Senior Secured Notes, Class A-1, variable interest rate of 6.93% and 7.14% at March 31, 2025 and December 31, 2024, respectively | Revolving Credit Facility                
Debt Instrument [Line Items]                
Line of credit facility, expired amount             $ 225,000,000  
Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2                
Debt Instrument [Line Items]                
Debt interest rate (in percent) 7.824%   7.824%   7.824%      
Debt instrument, face amount $ 500,000,000              
Additional interest on fixed rate (in percent)     5.00%          
Debt instrument, term (in years)     10 years          
Quarterly principal payment     $ 1,250,000          
Covenant compliance, leverage ratio, maximum | Rate     525.00%          
Ratio of indebtedness to net capital | Rate     415.00%          
Make-whole premium     $ 27,200,000          
Annual principal payment     $ 5,000,000          
Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2 | Ten Year United States Treasury Bill Rate                
Debt Instrument [Line Items]                
Additional interest on fixed rate (in percent)     9.24%          
Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2 | Revolving Credit Facility                
Debt Instrument [Line Items]                
Debt issuance costs, gross     $ 8,000,000          
Amortization of debt issuance costs     300,000 300,000        
Debt issuance costs, net     $ 5,900,000          
Class A-2-I Notes                
Debt Instrument [Line Items]                
Repayments of long-term debt $ 585,100,000              
2019 Class A-2-I And 2019 Class A-2-II Notes                
Debt Instrument [Line Items]                
Additional interest on fixed rate (in percent)     5.00%          
Debt instrument, term (in years)     10 years          
Quarterly principal payment     $ 1,500,000          
Covenant compliance, leverage ratio, maximum | Rate     525.00%          
Ratio of indebtedness to net capital | Rate     415.00%          
Debt issuance costs, gross     $ 12,900,000          
Amortization of debt issuance costs     200,000 $ 200,000        
Annual principal payment     $ 6,000,000          
2019 Class A-2-I And 2019 Class A-2-II Notes | Ten Year United States Treasury Bill Rate                
Debt Instrument [Line Items]                
Additional interest on fixed rate (in percent)     7.64%          
2019 Class A-2-II Notes                
Debt Instrument [Line Items]                
Quarterly principal payment     $ 1,500,000          
Unamortized debt issuance costs     $ 1,000,000.0