v3.25.2
Revenue - Schedule of Components of Interest Income and Fair Value Adjustments, Net (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Disaggregation of Revenue [Line Items]        
Interest income [1] $ 45,623 $ 52,883 $ 86,191 $ 104,054
Interest expense [1] (7,772) (11,470) (14,792) (22,184)
Unrealized loss on loans, loan charge-offs, and other fair value adjustments, net (18,878) (31,949) (40,204) (61,542)
Realized gain (loss) on sale of loans, net 3,829 (4,511) 1,838 (11,615)
Fair value adjustments and realized gains (losses) on beneficial interests, net (6,288) (7,855) 11,377 (21,889)
Total fair value and other adjustments, net [1] (21,337) (44,315) (26,989) (95,046)
Total interest income, interest expense, and fair value adjustments, net 16,514 (2,902) 44,410 (13,176)
Variable Interest Entity, Primary Beneficiary        
Disaggregation of Revenue [Line Items]        
Interest income 4,465 7,714 9,577 16,338
Interest expense (1,668) (2,514) (3,517) (5,274)
Unrealized loss on loans, loan charge-offs, and other fair value adjustments, net (3,238) (9,266) (7,018) (19,917)
Total interest income, interest expense, and fair value adjustments, net $ (441) $ (4,066) $ (958) $ (8,853)
[1] Balances for the three and six months ended June 30, 2024 and 2025 include amounts related to the consolidated securitization. Refer to “Note 2. Revenue” for details.