v3.25.2
REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of Debt (Details)
 6 Months Ended
Jun. 30, 2025
USD ($)
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance $ 3,182,614,000
Total debt, net, Beginning Balance 3,170,289,000
Debt issuances & assumptions 252,569,000
Total debt, net, Debt Issuances & Assumptions 252,475,000
Total debt, Repayments & Modifications (398,254,000)
Total debt, net, Repayments & Modifications (397,940,000)
Amortization 1,371,000
Total debt, Ending Balance 3,036,929,000
Total debt, net, Ending Balance 3,026,195,000
Variable Rate Debt  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 606,452,000
Deferred costs, Beginning Balance (1,743,000)
Debt issuances & assumptions 0
Deferred costs, Debt Issuances & Assumptions (77,000)
Total debt, Repayments & Modifications (147,253,000)
Deferred costs, Repayments & Modifications 314,000
Deferred costs, Amortization 311,000
Total debt, Ending Balance 459,199,000
Deferred costs, Ending Balance (1,195,000)
ABS mortgage notes  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 758,520,000
Deferred costs, Beginning Balance (10,582,000)
Debt issuances & assumptions 0
Deferred costs, Debt Issuances & Assumptions (17,000)
Total debt, Repayments & Modifications 0
Deferred costs, Repayments & Modifications 0
Deferred costs, Amortization 1,060,000
Total debt, Ending Balance 758,520,000
Deferred costs, Ending Balance (9,539,000)
Credit facilities  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 124,500,000
Debt issuances & assumptions 30,000,000
Total debt, Repayments & Modifications (29,000,000)
Total debt, Ending Balance 125,500,000
Repurchase facilities  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 1,693,142,000
Debt issuances & assumptions 222,569,000
Total debt, Repayments & Modifications (222,001,000)
Total debt, Ending Balance $ 1,693,710,000