v3.26.1
INVESTMENTS - Schedule of Investments in Loans and Securities under Fair Market Adjustments (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities [1] $ 945,269 $ 778,409
Total    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 867,378 773,516
Securitization notes    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 395,717 240,273
Securitization certificates    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 471,661 533,243
Investments in securities under the fair value option    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 77,891 0
Securitization notes    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 12,473 0
Securitization certificates    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 60,840 0
Investment in loans under the fair value option    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 4,578 0
Other Investments    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities 0 4,893
Regulatory Risk Retention    
Debt Securities, Available-for-Sale [Line Items]    
Total investments in loans and securities $ 504,300 $ 414,800
[1] Accrued interest receivable of $14.3 million, previously reported within “Fee receivables” as of December 31, 2024, has been reclassified to “Investment in loans and securities” to conform to the current period’s presentation.