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v3.21.1

Debt - Summary of Debt Outstanding (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020
Debt Instrument |  |
Total debt | $ 429.7 | $ 376.4
Weighted average interest rate | 7.10% | 7.00%
Ark | Ark Subordinated Debt |  |
Debt Instrument |  |
Amount borrowed | $ 44.1 | $ 0.0
Effective percentage | 4.60% |
NSM Bank Facility |  |
Debt Instrument |  |
Effective percentage | 8.50% | 8.40%
NSM Bank Facility | Book Value |  |
Debt Instrument |  |
Total debt | $ 271.5 | $ 271.3
Other NSM debt |  |
Debt Instrument |  |
Total debt |  | 1.3
Other NSM debt | Book Value |  |
Debt Instrument |  |
Total debt | 1.2 | 1.3
Kudu Credit Facility | Book Value |  |
Debt Instrument |  |
Total debt | 95.9 | 0.0
Kudu Bank Facility | Book Value |  |
Debt Instrument |  |
Total debt | 0.0 | 86.3
Ark Alesco Note | Ark Subordinated Debt |  |
Debt Instrument |  |
Amount borrowed | 30.0 |
Ark Dekania Note | Ark Subordinated Debt |  |
Debt Instrument |  |
Amount borrowed | 14.1 |
Term Loan | NSM Bank Facility |  |
Debt Instrument |  |
Amount borrowed | 277.3 | 277.4
Unamortized issuance cost | (5.8) | (6.1)
Total debt | $ 271.5 | $ 271.3
Effective percentage | 7.60% | 7.50%
Term Loan | Other NSM debt |  |
Debt Instrument |  |
Effective percentage | 2.30% | 2.50%
Term Loan | Kudu Credit Facility |  |
Debt Instrument |  |
Amount borrowed | $ 102.0 |
Unamortized issuance cost | $ (6.1) |
Effective percentage | 5.20% |
Term Loan | Kudu Bank Facility |  |
Debt Instrument |  |
Amount borrowed |  | $ 89.2
Unamortized issuance cost |  | (2.9)
Total debt |  | $ 86.3
Effective percentage |  | 8.30%
Term Loan | Other Operations |  |
Debt Instrument |  |
Amount borrowed | $ 17.5 | $ 18.0
Unamortized issuance cost | $ (0.5) | (0.5)
Total debt |  | $ 17.5
Effective percentage | 7.60% | 7.40%

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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