v3.26.3
Allowance for Credit Losses - Schedule of Allowance for Credit Losses in Investment in Leases, Loans, Securities and Other Assets (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Dec. 31, 2024
Amortized Cost        
Investments in leases - sales-type $ 25,652,968 $ 24,625,749    
Other assets – sales-type sub-leases 860,599 862,845    
Total 49,777,270 47,537,444    
Allowance        
Investments in leases - sales-type (1,282,396) (919,186)    
Allowance, total (2,356,019) (1,769,355)    
Net Investment        
Investments in leases - sales-type [1] 24,370,572 23,706,563    
Other assets – sales-type sub-leases 830,895 838,936    
Net investment total $ 47,421,251 $ 45,768,089    
Allowance as a % of Amortized Cost        
Investments in leases - sales-type 5.00% 3.73%    
Other assets – sales-type sub-leases 3.45% 2.77%    
Allowance as a percentage of amortized cost, total 4.73% 3.72%    
CECL allowance for unfunded commitments $ 27,666 $ 6,398    
Financing Sub-Lease Commitments        
Allowance        
Other assets – sales-type sub-leases (29,704) (23,909)    
Investments in leases - financing receivables, net        
Amortized Cost        
Investments in leases, loans and securities 20,120,668 19,467,011    
Allowance        
Investments in leases, loans and securities (884,894) (769,878)    
Net Investment        
Investments in leases, loans and securities [1] $ 19,235,774 $ 18,697,133    
Allowance as a % of Amortized Cost        
Investments in leases, loans and securities 4.40% 3.95%    
Investments in loans and securities, net        
Amortized Cost        
Investments in leases, loans and securities $ 3,143,035 $ 2,581,839    
Allowance        
Investments in leases, loans and securities (159,025) (56,382)    
Net Investment        
Investments in leases, loans and securities $ 2,984,010 [1] $ 2,525,457 [1] $ 2,432,999 $ 1,651,533
Allowance as a % of Amortized Cost        
Investments in leases, loans and securities 5.06% 2.18%    
[1] As of September 30, 2026 and December 31, 2025, our Investments in leases - sales-type, Investments in leases - financing receivables, Investments in loans and securities, and Other assets (sales-type sub-leases) are net of allowance for credit losses of $1,282.4 million, $884.9 million, $159.0 million and $29.7 million, respectively, and $919.2 million, $769.9 million, $56.4 million and $23.9 million, respectively. Refer to Note 5 - Allowance for Credit Losses for further details.