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Borrowings - Secured Financing (Details) - USD ($) $ in Thousands |  |  |  |  |  | 1 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Nov. 06, 2024 | Aug. 14, 2024 | Mar. 15, 2024 | Aug. 16, 2023 | Mar. 15, 2023 | Nov. 30, 2024 | Aug. 31, 2024 | May 31, 2024 | Aug. 31, 2023 | Mar. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Loans Transferred to the Trust |  |  |  |  |  |  |  |  |  |  | $ 2,410,734 | $ 1,292,507
Notes Issued |  |  |  |  |  |  |  |  |  |  | 2,216,000 | 1,147,000
Proceeds from Issuance of Debt |  |  |  |  |  |  |  |  |  |  | 2,215,612 | 1,139,791
Loan Principal |  |  |  |  |  |  |  |  |  |  | 2,150,266 | 1,001,058
Capitalized Interest |  |  |  |  |  |  |  |  |  |  | 177,337 | 68,143
Total Loans |  |  |  |  |  |  |  |  |  |  | 2,327,603 | 1,069,201
2023-A ABS Transaction |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Loans Transferred to the Trust |  |  |  |  |  |  |  |  |  | $ 644,573 |  |
Notes Issued |  |  |  |  |  |  |  |  |  | $ 579,000 |  |
Proceeds from Issuance of Debt |  |  |  |  | $ 571,910 |  |  |  |  |  |  |
Weighted Average Cost of Funds |  |  |  |  |  |  |  |  |  | 1.53% |  |
Weighted Average Life of Class A and Class B Notes (in years) |  |  |  |  |  |  |  |  |  | 5 years 21 days |  |
Loan Principal |  |  |  |  |  |  |  |  |  |  |  | 484,551
Capitalized Interest |  |  |  |  |  |  |  |  |  |  |  | 32,856
Total Loans |  |  |  |  |  |  |  |  |  |  |  | 517,407
2023-C ABS Transaction |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Loans Transferred to the Trust |  |  |  |  |  |  |  |  | $ 647,934 |  |  |
Notes Issued |  |  |  |  |  |  |  |  | $ 568,000 |  |  |
Proceeds from Issuance of Debt |  |  |  | $ 567,881 |  |  |  |  |  |  |  |
Weighted Average Cost of Funds |  |  |  |  |  |  |  |  | 1.69% |  |  |
Weighted Average Life of Class A and Class B Notes (in years) |  |  |  |  |  |  |  |  | 4 years 11 months 4 days |  |  |
Loan Principal |  |  |  |  |  |  |  |  |  |  |  | 516,507
Capitalized Interest |  |  |  |  |  |  |  |  |  |  |  | 35,287
Total Loans |  |  |  |  |  |  |  |  |  |  |  | $ 551,794
2024-C ABS Transaction |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Loans Transferred to the Trust |  |  |  |  |  |  |  | $ 733,644 |  |  |  |
Notes Issued |  |  |  |  |  |  |  | $ 668,000 |  |  |  |
Proceeds from Issuance of Debt |  |  | $ 667,888 |  |  |  |  |  |  |  |  |
Weighted Average Cost of Funds |  |  |  |  |  |  |  | 1.19% |  |  |  |
Weighted Average Life of Class A and Class B Notes (in years) |  |  |  |  |  |  |  | 5 years 4 months 9 days |  |  |  |
Loan Principal |  |  |  |  |  |  |  |  |  |  | 646,550 |
Capitalized Interest |  |  |  |  |  |  |  |  |  |  | 52,968 |
Total Loans |  |  |  |  |  |  |  |  |  |  | 699,518 |
2024-E ABS Transaction |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Loans Transferred to the Trust |  |  |  |  |  |  | $ 944,645 |  |  |  |  |
Notes Issued |  |  |  |  |  |  | $ 868,000 |  |  |  |  |
Proceeds from Issuance of Debt |  | $ 867,743 |  |  |  |  |  |  |  |  |  |
Weighted Average Cost of Funds |  |  |  |  |  |  | 1.42% |  |  |  |  |
Weighted Average Life of Class A and Class B Notes (in years) |  |  |  |  |  |  | 5 years 2 months 1 day |  |  |  |  |
Loan Principal |  |  |  |  |  |  |  |  |  |  | 841,355 |
Capitalized Interest |  |  |  |  |  |  |  |  |  |  | 69,238 |
Total Loans |  |  |  |  |  |  |  |  |  |  | 910,593 |
2024-F ABS Transaction |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Loans Transferred to the Trust |  |  |  |  |  | $ 732,445 |  |  |  |  |  |
Notes Issued |  |  |  |  |  | $ 680,000 |  |  |  |  |  |
Proceeds from Issuance of Debt | $ 679,981 |  |  |  |  |  |  |  |  |  |  |
Weighted Average Cost of Funds |  |  |  |  |  | 1.08% |  |  |  |  |  |
Weighted Average Life of Class A and Class B Notes (in years) |  |  |  |  |  | 5 years 1 month 2 days |  |  |  |  |  |
Loan Principal |  |  |  |  |  |  |  |  |  |  | 662,361 |
Capitalized Interest |  |  |  |  |  |  |  |  |  |  | 55,131 |
Total Loans |  |  |  |  |  |  |  |  |  |  | $ 717,492 |

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