XML 70 R61.htm IDEA: XBRL DOCUMENT v3.23.3
Debt Obligations - Collateralized Loan Obligations (Details)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
USD ($)
loan
Jun. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Sep. 30, 2023
USD ($)
loan
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Debt Obligations              
Debt, Carrying Value $ 7,004,634       $ 7,004,634   $ 7,849,270
Debt, Wtd. Avg. Rate 7.59%       7.59%    
Payoffs and paydowns of collateralized loan obligations         $ 856,864 $ 441,000  
Loss on extinguishment of debt $ 314   $ 3,262   1,561 $ 4,612  
Collateralized loan obligations              
Debt Obligations              
Debt, Face Value 6,807,136       6,807,136   7,649,188
Debt, Carrying Value $ 6,784,544       $ 6,784,544   $ 7,615,364
Debt, Wtd. Avg. Rate 7.08%       7.08%   6.10%
Collateral, Loans, UPB $ 7,695,762       $ 7,695,762   $ 8,619,210
Collateral, Loans, Carrying Value 7,673,865       7,673,865   8,586,139
Collateral, Cash, Restricted Cash 299,784       299,784   480,817
Deferred financing fees $ 24,600       $ 24,600   36,800
Number of loans under the loan portfolio | loan 4       4    
Collateral at risk $ 89,800       $ 89,800   0
Proceeds from issuance of collateralized loan obligations for acquiring additional loan obligations         108,500   230,000
Loss on extinguishment of debt       $ 1,400      
CLO 19              
Debt Obligations              
Debt, Face Value 872,812       872,812   872,812
Debt, Carrying Value $ 867,904       $ 867,904   $ 866,605
Debt, Wtd. Avg. Rate 7.77%       7.77%   6.75%
Collateral, Loans, UPB $ 1,014,554       $ 1,014,554   $ 952,268
Collateral, Loans, Carrying Value 1,010,753       1,010,753   947,336
Collateral, Cash, Restricted Cash 4,527       4,527   64,300
CLO 18              
Debt Obligations              
Debt, Face Value 1,652,812       1,652,812   1,652,812
Debt, Carrying Value $ 1,647,326       $ 1,647,326   $ 1,645,711
Debt, Wtd. Avg. Rate 7.22%       7.22%   6.19%
Collateral, Loans, UPB $ 1,908,793       $ 1,908,793   $ 1,899,174
Collateral, Loans, Carrying Value 1,903,837       1,903,837   1,891,215
Collateral, Cash, Restricted Cash 20,983       20,983   85,970
CLO 17              
Debt Obligations              
Debt, Face Value 1,714,125       1,714,125   1,714,125
Debt, Carrying Value $ 1,709,255       $ 1,709,255   $ 1,707,676
Debt, Wtd. Avg. Rate 7.10%       7.10%   6.16%
Collateral, Loans, UPB $ 1,901,897       $ 1,901,897   $ 1,911,866
Collateral, Loans, Carrying Value 1,896,347       1,896,347   1,904,732
Collateral, Cash, Restricted Cash 149,206       149,206   145,726
CLO 16              
Debt Obligations              
Debt, Face Value 1,237,500       1,237,500   1,237,500
Debt, Carrying Value $ 1,233,286       $ 1,233,286   $ 1,231,887
Debt, Wtd. Avg. Rate 6.73%       6.73%   5.79%
Collateral, Loans, UPB $ 1,343,886       $ 1,343,886   $ 1,307,244
Collateral, Loans, Carrying Value 1,340,303       1,340,303   1,301,794
Collateral, Cash, Restricted Cash 91,434       91,434   106,495
CLO 15              
Debt Obligations              
Debt, Face Value 674,412       674,412   674,412
Debt, Carrying Value $ 672,897       $ 672,897   $ 671,532
Debt, Wtd. Avg. Rate 6.78%       6.78%   5.84%
Collateral, Loans, UPB $ 770,602       $ 770,602   $ 797,755
Collateral, Loans, Carrying Value 768,436       768,436   795,078
Collateral, Cash, Restricted Cash 19,714       19,714   2,861
CLO 14              
Debt Obligations              
Debt, Face Value 655,475       655,475   655,475
Debt, Carrying Value $ 653,876       $ 653,876   $ 652,617
Debt, Wtd. Avg. Rate 6.74%       6.74%   5.80%
Collateral, Loans, UPB $ 756,030       $ 756,030   $ 732,247
Collateral, Loans, Carrying Value 754,189       754,189   730,057
Collateral, Cash, Restricted Cash 13,920       13,920   37,090
CLO 13              
Debt Obligations              
Debt, Face Value             462,769
Debt, Carrying Value             $ 461,005
Debt, Wtd. Avg. Rate             6.03%
Collateral, Loans, UPB             $ 552,182
Collateral, Loans, Carrying Value             550,924
Collateral, Cash, Restricted Cash             37,875
Payoffs and paydowns of collateralized loan obligations   $ 1,200          
CLO 12              
Debt Obligations              
Debt, Face Value             379,283
Debt, Carrying Value             $ 378,331
Debt, Wtd. Avg. Rate             6.09%
Collateral, Loans, UPB             $ 466,474
Collateral, Loans, Carrying Value             465,003
Collateral, Cash, Restricted Cash             500
Payoffs and paydowns of collateralized loan obligations 300            
Q Series securitization              
Debt Obligations              
Debt, Face Value 222,066       222,066   236,878
Debt, Carrying Value $ 220,090       $ 220,090   $ 233,906
Debt, Wtd. Avg. Rate 7.31%       7.31%   6.30%
Collateral, Loans, UPB $ 296,088       $ 296,088   $ 315,837
Collateral, Loans, Carrying Value 294,876       294,876   313,965
Collateral, Cash, Restricted Cash 0       0   0
Total securitized debt              
Debt Obligations              
Debt, Face Value 7,029,202       7,029,202   7,886,066
Debt, Carrying Value $ 7,004,634       $ 7,004,634   $ 7,849,270
Debt, Wtd. Avg. Rate 7.09%       7.09%   6.11%
Collateral, Loans, UPB $ 7,991,850       $ 7,991,850   $ 8,935,047
Collateral, Loans, Carrying Value 7,968,741       7,968,741   8,900,104
Collateral, Cash, Restricted Cash $ 299,784       $ 299,784   $ 480,817
Weighted average note rate including certain fees and costs, percentage 7.34%       7.34%   6.32%