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INDEBTEDNESS (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Net Carrying Amount of Convertible Notes | The following tables summarize the Company's Notes as of June 30, 2025 and December 31, 2024 (in thousands):
| June 30, 2025
| Principal Outstanding |  | Unamortized Debt Issuance Costs |  | Net Carrying Value
2026 Senior Notes (i) | $ | 1,000,000 |  |  | $ | (2,591) |  |  | $ | 997,409 |
2031 Senior Notes | 1,000,000 |  |  | (8,335) |  |  | 991,665 |
2032 Senior Notes | 2,000,000 |  |  | (23,643) |  |  | 1,976,357 |
2026 Convertible Notes (i) | 575,000 |  |  | (1,430) |  |  | 573,570 |
2027 Convertible Notes | 575,000 |  |  | (3,135) |  |  | 571,865 |
Total | $ | 5,150,000 |  |  | $ | (39,134) |  |  | $ | 5,110,866 |
| December 31, 2024
| Principal Outstanding |  |  |  | Unamortized Debt Issuance Costs |  | Net Carrying Value
2026 Senior Notes | $ | 1,000,000 |  |  |  |  | $ | (3,983) |  |  | $ | 996,017 |
2031 Senior Notes | 1,000,000 |  |  |  |  | (9,029) |  |  | 990,971 |
2032 Senior Notes | 2,000,000 |  |  |  |  | (24,974) |  |  | 1,975,026 |
2025 Convertible Notes (i) | 1,000,000 |  |  |  |  | (503) |  |  | 999,497 |
2026 Convertible Notes | 575,000 |  |  |  |  | (2,277) |  |  | 572,723 |
2027 Convertible Notes | 575,000 |  |  |  |  | (3,798) |  |  | 571,202 |
Total | $ | 6,150,000 |  |  |  |  | $ | (44,564) |  |  | $ | 6,105,436 |
(i) Net carrying value disclosed as current portion of long-term debt within total current liabilities on the condensed consolidated balance sheet.
Schedule of Interest Expense on Convertible Notes | The Company recognized interest expense on the Notes as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Contractual interest expense | $ | 48,398 |  |  | $ | 34,598 |  |  | $ | 96,777 |  |  | $ | 50,728 |
Amortization of debt issuance costs | 2,481 |  |  | 2,923 |  |  | 5,430 |  |  | 5,485 |
Total | $ | 50,879 |  |  | $ | 37,521 |  |  | $ | 102,207 |  |  | $ | 56,213 |
Schedule of Amounts Drawn on Facilities by Year of Maturity | The table below summarizes the future scheduled principal payments of amounts drawn on the Company's Warehouse Facilities (in thousands):
| June 30, 2025
2026 (i) | $ | 333,061 |
2027 | 370,863 |
Total | $ | 703,924 |
(i) Includes $120.0 million of future scheduled principal payments in 2026, which are disclosed as warehouse funding facilities, current within total current liabilities on the condensed consolidated balance sheet.

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