v3.26.1
REPURCHASE FACILITIES, NOTES PAYABLE AND CREDIT FACILITIES - Schedule of Debt (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance $ 3,182,614
Total debt, net, Beginning Balance 3,170,289
Debt Issuances & Assumptions 764,741
Total debt, net, Debt Issuances & Assumptions 764,647
Total debt, Repayments & Modifications (845,160)
Total debt, net, Repayments & Modifications (844,573)
Amortization 2,676
Total debt, Ending Balance 3,102,195
Total debt, net, Ending Balance 3,093,039
Notes payable – variable rate debt  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 606,452
Deferred costs, Beginning Balance (1,743)
Debt Issuances & Assumptions 0
Deferred costs, Debt Issuances & Assumptions (77)
Total debt, Repayments & Modifications (227,677)
Deferred costs, Repayments & Modifications 587
Deferred costs, Amortization 554
Total debt, Ending Balance 378,775
Deferred costs, Ending Balance (679)
ABS mortgage notes  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 758,520
Deferred costs, Beginning Balance (10,582)
Debt Issuances & Assumptions 0
Deferred costs, Debt Issuances & Assumptions (17)
Total debt, Repayments & Modifications 0
Deferred costs, Repayments & Modifications 0
Deferred costs, Amortization 2,122
Total debt, Ending Balance 758,520
Deferred costs, Ending Balance (8,477)
Credit facilities  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 124,500
Debt Issuances & Assumptions 92,000
Total debt, Repayments & Modifications (29,000)
Total debt, Ending Balance 187,500
Repurchase facilities  
Short-Term and Long-Term Debt [Roll Forward]  
Total debt, Beginning Balance 1,693,142
Debt Issuances & Assumptions 672,741
Total debt, Repayments & Modifications (588,483)
Total debt, Ending Balance $ 1,777,400