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DERIVATIVE INSTRUMENTS - Schedule of Gain (Loss) Recognized in Consolidated Statements of Operations Related to Principal Derivative Instruments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives $ (111,690) $ (80,705) $ (188,539)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net foreign exchange gains (losses), Net realized and unrealized gains (losses) on investments Net foreign exchange gains (losses), Net realized and unrealized gains (losses) on investments Net foreign exchange gains (losses), Net realized and unrealized gains (losses) on investments
Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives $ (117,884) $ (80,910) $ (195,005)
Interest rate futures | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives (81,400) 3,877 (86,863)
Foreign currency forward contracts | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives (27,918) (877) (51,401)
Foreign currency forward contracts | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives (32,687) (11,761) 21,689
Foreign currency forward contracts | Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Accumulated other comprehensive income (loss) 6,194 205 6,466
Credit default swaps | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives (54,757) (70,924) (9,084)
Total return swaps | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives 0 0 (6)
Equity futures | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives 3,379 (1,928) (69,972)
Warrants | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives (1,046) 0 632
Commodity options | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives (4,517) (4,553) 0
Commodity futures | Not Designated as Hedging Instrument      
Derivative Instruments, Gain (Loss) [Line Items]      
Amount of Gain (loss) Recognized on Derivatives $ 81,062 $ 5,256 $ 0