v3.26.1
Condensed Consolidated Statements of Financial Condition - Variable Interest Entities - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Restricted cash $ 255,187 $ 235,143
Loans held for investment, subject to nonrecourse debt, at fair value 10,928,261 10,026,177
Loans held for investment, at fair value 516,892 870,081
Other assets, net (includes $89,264 and $11,838 at fair value) 325,589 197,376
TOTAL ASSETS 37,316,763 30,733,298
LIABILITIES    
Nonrecourse debt, at fair value 10,641,380 9,736,493
Other financing lines of credit 1,054,766 1,187,699
TOTAL LIABILITIES 36,910,058 30,337,671
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Restricted cash 247,429 227,489
Loans held for investment, subject to nonrecourse debt, at fair value 10,928,261 9,630,812
Loans held for investment, at fair value 105,764 432,724
Other assets, net (includes $89,264 and $11,838 at fair value) 130,296 80,738
TOTAL ASSETS 11,411,750 10,371,763
LIABILITIES    
Nonrecourse debt, at fair value 10,641,380 9,359,493
Other financing lines of credit 138,295 313,699
Payables and other liabilities 1,779 3,784
TOTAL LIABILITIES 10,781,454 9,676,976
NET CARRYING VALUE OF ASSETS IN VIEs $ 630,296 $ 694,787