v3.26.1
Investment in receivables, net - Other information (Details) - Investments in receivables, net - USD ($)
$ in Thousands
3 Months Ended
Dec. 04, 2025
Mar. 31, 2026
Mar. 31, 2025
Investment in receivables, net      
Face values of receivable portfolios   $ 2,708,200 $ 2,757,400
Purchases   $ 149,705 $ 175,222
Purchase price of receivable portfolios, as a percentage on face value   5.50% 6.40%
Estimated amount of cash flows to be collected   $ 290,700 $ 323,100
Amount of actual collections overperforming projected collections   10,731 6,398
Negative change in expected future period recoveries   3,674 2,777
Non-credit discount   $ (141,038) $ (147,851)
Bluestem Receivables Asset Acquisition      
Investment in receivables, net      
Allowance for credit losses $ 304,800    
Non-credit discount $ 93,400