v3.26.1
DERIVATIVE INSTRUMENTS - Summary of Certain Characteristics of Futures Derivatives (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Futures contracts    
Derivative [Line Items]    
Weighted Average Years to Maturity 9 years 9 months 18 days 8 years 3 months 21 days
Futures contracts | Notional - Long Positions    
Derivative [Line Items]    
Current notional $ 1,000,000 $ 2,473,200
Futures contracts | Notional - Short Positions    
Derivative [Line Items]    
Current notional $ 17,787,900 $ 16,557,900
2-year swap equivalent SOFR contracts    
Derivative [Line Items]    
Maturity period 2 years 2 years
Weighted Average Years to Maturity 2 years 2 years
2-year swap equivalent SOFR contracts | Notional - Long Positions    
Derivative [Line Items]    
Current notional $ 1,000,000 $ 500,000
2-year swap equivalent SOFR contracts | Notional - Short Positions    
Derivative [Line Items]    
Current notional $ 1,000,000 $ 500,000
U.S. Treasury futures - 2 year    
Derivative [Line Items]    
Maturity period 2 years 2 years
Weighted Average Years to Maturity 2 years 1 year 10 months 24 days
U.S. Treasury futures - 2 year | Notional - Long Positions    
Derivative [Line Items]    
Current notional $ 0 $ 0
U.S. Treasury futures - 2 year | Notional - Short Positions    
Derivative [Line Items]    
Current notional $ 1,400,000 $ 3,658,000
U.S. Treasury futures - 5 year    
Derivative [Line Items]    
Maturity period 5 years 5 years
Weighted Average Years to Maturity 4 years 4 months 24 days 4 years 4 months 24 days
U.S. Treasury futures - 5 year | Notional - Long Positions    
Derivative [Line Items]    
Current notional $ 0 $ 1,973,200
U.S. Treasury futures - 5 year | Notional - Short Positions    
Derivative [Line Items]    
Current notional $ 825,000 $ 0
U.S. Treasury futures - 10 year and greater    
Derivative [Line Items]    
Maturity period 10 years 10 years
Weighted Average Years to Maturity 10 years 10 months 9 days 11 years 3 months 29 days
U.S. Treasury futures - 10 year and greater | Notional - Long Positions    
Derivative [Line Items]    
Current notional $ 0 $ 0
U.S. Treasury futures - 10 year and greater | Notional - Short Positions    
Derivative [Line Items]    
Current notional $ 14,452,900 $ 12,399,900
U.S. swap futures - 10 year and greater    
Derivative [Line Items]    
Weighted Average Years to Maturity 10 years 2 months 19 days  
U.S. swap futures - 10 year and greater | Notional - Long Positions    
Derivative [Line Items]    
Maturity period 10 years  
Current notional $ 0  
U.S. swap futures - 10 year and greater | Notional - Short Positions    
Derivative [Line Items]    
Current notional $ 110,000