v3.25.2
Debt - Summary of Debt Outstanding (Details)
€ in Millions, $ in Millions
Jun. 30, 2025
USD ($)
Jun. 30, 2025
EUR (€)
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Debt Instrument              
Total debt $ 694.6     $ 562.5      
Ark 2021 Subordinated Notes              
Debt Instrument              
Total debt 158.9     154.5      
HG Global Senior Notes              
Debt Instrument              
Total debt 147.6     147.4      
Kudu Credit Facility              
Debt Instrument              
Total debt 246.8     238.6      
Bamboo Credit Facility              
Debt Instrument              
Total debt 104.6     0.0      
Other Operations debt              
Debt Instrument              
Total debt 36.7     22.0      
Subordinated Debt | Ark 2021 Subordinated Notes              
Debt Instrument              
Unamortized discount and issuance cost (3.4)     (3.6)      
Total debt $ 158.9     $ 154.5      
Effective Rate 10.20% 10.20%   11.80%      
Subordinated Debt | Ark 2021 Subordinated Notes Tranche 1              
Debt Instrument              
Amount borrowed $ 45.3 € 39.1   $ 41.1      
Subordinated Debt | Ark 2021 Subordinated Notes Tranche 2              
Debt Instrument              
Amount borrowed 47.0     47.0      
Subordinated Debt | Ark 2021 Subordinated Notes Tranche 3              
Debt Instrument              
Amount borrowed 70.0     70.0      
Senior Notes | HG Global Senior Notes              
Debt Instrument              
Amount borrowed 150.0     150.0      
Unamortized discount and issuance cost (2.4)     (2.6)      
Total debt $ 147.6     $ 147.4      
Effective Rate 10.90% 10.90%   11.80%      
Secured Debt | Kudu Credit Facility              
Debt Instrument              
Amount borrowed $ 253.3     $ 245.3      
Unamortized discount and issuance cost (6.5)     (6.7)      
Total debt $ 253.3   $ 253.3 $ 245.3 $ 210.3 $ 210.3 $ 210.3
Effective Rate 9.30% 9.30%   10.30%      
Secured Debt | Bamboo Credit Facility              
Debt Instrument              
Amount borrowed $ 109.7     $ 0.0      
Unamortized discount and issuance cost (5.1)     0.0      
Total debt $ 109.7   $ 110.0 0.0      
Effective Rate 10.10% 10.10%          
Secured Debt | Other Operations debt              
Debt Instrument              
Amount borrowed $ 37.3     22.4      
Unamortized discount and issuance cost (0.6)     (0.4)      
Total debt $ 36.7     $ 22.0      
Effective Rate 8.60% 8.60%   10.20%