XML 64 R54.htm IDEA: XBRL DOCUMENT v3.20.2
Secured Debt Arrangements, Net - Additional Information (Details)
€ in Millions, £ in Millions
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 30, 2019
USD ($)
subsidiary
extension
Jul. 31, 2018
Nov. 30, 2017
USD ($)
extension
Mar. 31, 2020
USD ($)
extension
Sep. 30, 2020
USD ($)
Sep. 30, 2020
EUR (€)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
GBP (£)
Sep. 30, 2020
EUR (€)
Jun. 30, 2020
USD ($)
Jun. 30, 2020
GBP (£)
Jun. 30, 2020
EUR (€)
Dec. 31, 2019
USD ($)
Debt Instrument [Line Items]                          
Weighted average haircut under repurchase agreements         35.70%     35.70% 35.70%       36.20%
Repayments of secured debt arrangements         $ 1,083,849,000   $ 1,264,223,000            
Line of Credit                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         4,396,866,000               $ 4,330,744,000
Balance         3,478,083,000               3,095,556,000
Borrowings outstanding         3,465,337,000               3,078,366,000
Line of Credit | JP Morgan Facility                          
Debt Instrument [Line Items]                          
Balance         1,157,265,000               1,234,759,000
Line of Credit | JP Morgan Facility | USD                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         1,132,013,000               1,154,109,000
Borrowings outstanding         989,278,000               1,090,160,000
Line of Credit | JP Morgan Facility | Fx contracts - GBP                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         97,661,000               51,702,000
Borrowings outstanding         97,661,000               50,410,000
Line of Credit | JP Morgan Facility | Fx contracts - EUR                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         70,326,000               94,189,000
Borrowings outstanding         70,326,000               94,189,000
Line of Credit | DB Repurchase Facility                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility       $ 1,000,000,000.0                  
Number of extensions available | extension       2                  
Extension option       1 year                  
Balance         526,743,000               513,876,000
Borrowings outstanding         526,700,000                
Line of Credit | DB Repurchase Facility | USD                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         1,000,000,000               1,250,000,000
Borrowings outstanding         526,743,000               513,876,000
Line of Credit | Goldman Sachs Repurchase Facility                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility     $ 500,000,000.0                    
Number of extensions available | extension     1                    
Extension option     1 year                    
Balance         362,139,000               322,170,000
Borrowings outstanding         362,100,000                
Line of Credit | Goldman Sachs Repurchase Facility | USD                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         500,000,000               500,000,000
Borrowings outstanding         362,139,000               322,170,000
Line of Credit | Credit Suisse Facility | USD                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         378,903,000               226,068,000
Balance         378,781,000               218,644,000
Borrowings outstanding         378,781,000               218,644,000
Term after either party notifies the other party of intention to terminate   6 months                      
Line of Credit | Credit Suisse Facility | Fx contracts - GBP                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         0               93,915,000
Balance                         93,915,000
Borrowings outstanding         0               93,915,000
Line of Credit | HSBC Facility | USD                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         47,223,000               50,625,000
Balance         47,223,000               50,625,000
Borrowings outstanding         47,223,000               50,625,000
Line of Credit | HSBC Facility | Fx contracts - GBP                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility                         34,634,000
Balance         0               34,634,000
Borrowings outstanding                         34,634,000
Line of Credit | HSBC Facility | Fx contracts - EUR                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         157,148,000               154,037,000
Balance         157,148,000               154,037,000
Borrowings outstanding         157,148,000               154,037,000
Line of credit, amount outstanding         157,100,000       € 134.1        
Line of Credit | Barclays Facility                          
Debt Instrument [Line Items]                          
Repayments of secured debt arrangements | €           € 16.5              
Line of Credit | Barclays Facility | USD                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         200,000,000.0                
Balance         35,192,000                
Borrowings outstanding         35,192,000                
Line of Credit | Barclays Facility | Fx contracts - GBP                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility                         538,916,000
Balance         0               290,347,000
Borrowings outstanding                         290,347,000
Line of Credit | Barclays Facility | Fx contracts - EUR                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility                         182,549,000
Balance         0               182,549,000
Borrowings outstanding                         $ 182,549,000
Line of Credit | Barclays Securitization                          
Debt Instrument [Line Items]                          
Balance         813,592,000                
Borrowings outstanding               £ 518.6 122.5        
Line of Credit | Barclays Securitization | VIE                          
Debt Instrument [Line Items]                          
Maximum borrowing under facility         813,592,000                
Balance                     £ 26.0 € 5.3  
Borrowings outstanding         $ 813,592,000         $ 782,000,000.0      
Deferring or waiving debt service payments, term         18 months 18 months              
LTV based covenants, term         6 months 6 months              
Repayments of secured debt arrangements         $ 18,500,000                
Increase in financing spread         0.25% 0.25%              
Amended and Restated JPMorgan Facility | Line of Credit | JP Morgan Facility                          
Debt Instrument [Line Items]                          
Number of subsidiaries | subsidiary 3                        
Maximum borrowing under facility $ 1,300,000,000                        
Number of extensions available | extension 2                        
Extension option 1 year                        
Balance         $ 1,200,000,000     £ 75.6 € 60.0