v3.26.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Loans and investments, allowance for credit losses $ 163,431 $ 145,971
Securities held-to-maturity, allowance for credit losses $ 14,343 $ 17,013
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000
Common stock, shares issued (in shares) 188,981,757 195,491,855
Common stock, shares outstanding (in shares) 188,981,757 195,491,855
Assets of consolidated VIEs [1] $ 14,352,825 $ 14,494,903
Liabilities of consolidated VIEs [1] 11,471,802 11,427,750
Consolidated VIEs    
Assets of consolidated VIEs 3,790,046 4,662,021
Liabilities of consolidated VIEs $ 2,978,886 $ 3,477,848
Special voting preferred shares    
Preferred stock, shares issued (in shares) 16,170,218 16,169,858
Series D preferred stock    
Preferred stock, shares issued (in shares) 9,200,000 9,200,000
Preferred stock, dividend rate (as a percent) 6.375% 6.375%
Series E preferred stock    
Preferred stock, shares issued (in shares) 5,750,000 5,750,000
Preferred stock, dividend rate (as a percent) 6.25% 6.25%
Series F preferred stock    
Preferred stock, shares issued (in shares) 11,342,000 11,342,000
Preferred stock, dividend rate (as a percent) 6.25% 6.25%
[1] Our consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs,") as we are the primary beneficiary of these VIEs. At June 30, 2026 and December 31, 2025, assets of our consolidated VIEs totaled $3,790,046 and $4,662,021, respectively, and the liabilities of our consolidated VIEs totaled $2,978,886 and $3,477,848, respectively. See Note 15 for discussion of our VIEs.