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Debt Obligations - Narrative (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
Mar. 31, 2025
USD ($)
$ / shares
Jan. 31, 2025
USD ($)
Mar. 31, 2025
USD ($)
$ / shares
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Debt Obligations            
Interest expense       $ 6,100,000    
Junior subordinated notes to subsidiary trust issuing preferred securities $ 144,890,000 $ 144,890,000   $ 144,890,000   $ 144,686,000
Debt, Wtd. Avg. Rate 6.70% 6.70%   6.70%    
CLO 14 And 19            
Debt Obligations            
Debt face value issued to third parties $ 1,080,000,000.00 $ 1,080,000,000.00   $ 1,080,000,000.00    
Deferred fees expensed as interest expense   $ 2,300,000        
CLO 14, 16 and 19            
Debt Obligations            
Debt paid down       $ 247,400,000    
Q Series securitization            
Debt Obligations            
Weighted average note rate including certain fees and costs, percentage 7.48% 7.48%   7.48%   7.46%
Debt face value issued to third parties $ 37,950,000 $ 37,950,000   $ 37,950,000   $ 50,641,000
Debt paid down       $ 12,700,000    
Debt, Wtd. Avg. Rate 6.41% 6.41%   6.41%   6.49%
7.50% convertible notes            
Debt Obligations            
Interest rate 7.50% 7.50%   7.50%    
Conversion rate of the notes to common stock, per $1,000 principal amount of notes 0.0612751          
Conversion price per share of common stock (in dollars per share) | $ / shares $ 16.32 $ 16.32   $ 16.32    
Convertible senior unsecured notes            
Debt Obligations            
Debt face value issued to third parties $ 287,500,000 $ 287,500,000   $ 287,500,000   $ 287,500,000
Deferred fees expensed as interest expense       $ 700,000 $ 700,000  
Percentage of notes required to be repurchased if the agreement is fundamentally changed       100.00%    
Interest expense       $ 6,100,000 6,100,000  
Interest expense related to cash coupon       $ 5,400,000 $ 5,400,000  
Weighted average cost of notes, percentage 8.43% 8.43%   8.43%   8.43%
Junior subordinated notes            
Debt Obligations            
Weighted average note rate including certain fees and costs, percentage 7.25% 7.25%   7.25%   7.26%
Debt face value issued to third parties $ 154,336,000 $ 154,336,000   $ 154,336,000   $ 154,336,000
Deferred fees expensed as interest expense       1,300,000   1,400,000
Junior subordinated notes to subsidiary trust issuing preferred securities 144,900,000 144,900,000   144,900,000   144,700,000
Deferred amount due at maturity $ 8,100,000 $ 8,100,000   $ 8,100,000   $ 8,300,000
Debt, Wtd. Avg. Rate 7.16% 7.16%   7.16%   7.18%
Amount payable on default of senior debt $ 0 $ 0   $ 0    
Structured Business            
Debt Obligations            
Weighted average note rate including certain fees and costs, percentage 7.10% 7.10%   7.10%   7.43%
Leverage on loans and investment portfolio financed through credit and repurchase facilities, excluding securities repurchase facility and working capital facility 70.00% 70.00%   70.00%   67.00%
Debt, Wtd. Avg. Rate 6.75% 6.75%   6.75%    
Structured Business | $1.15B repurchase facility            
Debt Obligations            
Maximum borrowing capacity $ 1,150,000,000 $ 1,150,000,000   $ 1,150,000,000    
Line of credit facility, upsized amount $ 1,250,000,000 $ 1,250,000,000   $ 1,250,000,000    
Line of credit facility, reinvestment period 24 months 24 months   24 months    
Variable rate, spread   1.85%        
Non-recourse percentage 0.88 0.88   0.88    
Advance rate 0.80 0.80   0.80    
Debt, Wtd. Avg. Rate 6.26% 6.26%   6.26%    
Structured Business | $200 million repurchase facility            
Debt Obligations            
Maximum borrowing capacity           $ 200,000,000.0
Structured Business | $400M credit facility            
Debt Obligations            
Maximum borrowing capacity $ 400,000,000 $ 400,000,000 $ 400,000,000.0 $ 400,000,000    
Debt instrument extension term     1 year      
Debt, Wtd. Avg. Rate 7.67% 7.67%   7.67%