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v3.20.4

Secured Debt Arrangements, Net - Weighted Average Maturities and Interest Rates of Borrowings (Details) € in Millions, £ in Millions | 12 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Dec. 31, 2020 USD ($) | Dec. 31, 2019 USD ($) | Dec. 31, 2020 GBP (£) | Dec. 31, 2020 EUR (€) | Jun. 30, 2020 USD ($) | Mar. 31, 2020 USD ($) | Nov. 30, 2017 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |
less: deferred financing costs | $ (20,100,000) | $ (24,500,000) |  |  |  |  |
Percentage of secured debt that is recourse debt | 55.00% | 54.00% | 55.00% | 55.00% |  |  |
Line of Credit |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 4,395,764,000 | $ 4,330,744,000 |  |  |  |  |
Borrowings outstanding | 3,436,672,000 | 3,078,366,000 |  |  |  |  |
less: deferred financing costs | $ (12,993,000) | $ (17,190,000) |  |  |  |  |
Line of Credit | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average advance rate | 63.70% | 63.80% |  |  |  |  |
Line of Credit | London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average rate | 2.16% | 2.07% |  |  |  |  |
Line of Credit | GBP London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average rate | 1.83% | 1.75% |  |  |  |  |
Line of Credit | EUR London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average rate | 1.46% | 1.36% |  |  |  |  |
Line of Credit | JP Morgan Chase, DB Repurchase Facility, Goldman Sachs, Credit Suisse and HSBC Facilities |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 3,538,036,000 | $ 4,330,744,000 |  |  |  |  |
Borrowings outstanding | 2,591,937,000 | 3,095,556,000 |  |  |  |  |
Line of Credit | Deutsche Bank Repurchase Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings |  |  |  |  |  | $ 1,000,000,000.0 |
Borrowings outstanding | 520,500,000 |  |  |  |  |  |
Line of Credit | Goldman Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings |  |  |  |  |  |  | $ 500,000,000.0
Borrowings outstanding | 332,400,000 |  |  |  |  |  |
Line of Credit | Barclays Securitization |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Borrowings outstanding |  |  | £ 518.0 | € 122.5 |  |  |
Line of Credit | JP Morgan Chase, DB Repurchase Facility, Goldman Sachs, Credit Suisse, Barclays Facility, HSBC Facilities And Barclays Securitization |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 4,395,764,000 | 4,330,744,000 |  |  |  |  |
Borrowings outstanding | $ 3,449,665,000 | $ 3,095,556,000 |  |  |  |  |
USD | Line of Credit | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average advance rate | 62.50% | 66.70% |  |  |  |  |
USD | Line of Credit | JP Morgan Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 1,113,156,000 | $ 1,154,109,000 |  |  |  |  |
Borrowings outstanding | 984,125,000 | 1,090,160,000 |  |  |  |  |
USD | Line of Credit | Deutsche Bank Repurchase Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 1,000,000,000 | 1,250,000,000 |  |  |  |  |
Borrowings outstanding | 520,457,000 | 513,876,000 |  |  |  |  |
USD | Line of Credit | Goldman Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 500,000,000 | 500,000,000 |  |  |  |  |
Borrowings outstanding | 332,352,000 | 322,170,000 |  |  |  |  |
USD | Line of Credit | Credit Suisse Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 374,251,000 | 226,068,000 |  |  |  |  |
Borrowings outstanding | 369,182,000 | 218,644,000 |  |  |  |  |
USD | Line of Credit | HSBC Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 0 | 50,625,000 |  |  |  |  |
Borrowings outstanding | 0 | $ 50,625,000 |  |  |  |  |
USD | Line of Credit | Barclays Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 200,000,000 |  |  |  |  |  |
Borrowings outstanding | $ 35,192,000 |  |  |  |  |  |
Fx contracts - GBP | Line of Credit |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Currency conversion rate | 1.37 | 1.33 | 1.37 | 1.37 |  |  |
Fx contracts - GBP | Line of Credit | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average advance rate | 60.80% | 47.10% |  |  |  |  |
Fx contracts - GBP | Line of Credit | JP Morgan Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 113,548,000 | $ 51,702,000 |  |  |  |  |
Borrowings outstanding | 113,548,000 | 50,410,000 |  |  |  |  |
Fx contracts - GBP | Line of Credit | Credit Suisse Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 0 | 93,915,000 |  |  |  |  |
Borrowings outstanding | 0 | 93,915,000 |  |  |  |  |
Fx contracts - GBP | Line of Credit | HSBC Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings |  | 34,634,000 |  |  |  |  |
Borrowings outstanding |  | 34,634,000 |  |  |  |  |
Fx contracts - GBP | Line of Credit | Barclays Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 0 | 538,916,000 |  |  |  |  |
Borrowings outstanding | $ 0 | $ 290,347,000 |  |  |  |  |
Fx contracts - EUR | Line of Credit |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Currency conversion rate | 1.22 | 1.12 | 1.22 | 1.22 |  |  |
Fx contracts - EUR | Line of Credit | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Weighted average advance rate | 68.70% | 76.10% |  |  |  |  |
Fx contracts - EUR | Line of Credit | JP Morgan Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 73,296,000 | $ 94,189,000 |  |  |  |  |
Borrowings outstanding | 73,296,000 | 94,189,000 |  |  |  |  |
Fx contracts - EUR | Line of Credit | HSBC Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 163,785,000 | 154,037,000 |  |  |  |  |
Borrowings outstanding | 163,785,000 | 154,037,000 |  |  |  |  |
Fx contracts - EUR | Line of Credit | Barclays Facility |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 0 | 182,549,000 |  |  |  |  |
Borrowings outstanding | 0 | $ 182,549,000 |  |  |  |  |
VIE | Line of Credit | Barclays Securitization |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Maximum Amount of Borrowings | 857,728,000 |  |  |  |  |  |
Borrowings outstanding | 857,728,000 |  |  |  | $ 782,000,000.0 |  |
VIE | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Borrowings outstanding | 857,728,000 |  |  |  |  |  |
VIE | Fx contracts - GBP | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Borrowings outstanding | 708,130,000 |  |  |  |  |  |
VIE | Fx contracts - EUR | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Borrowings outstanding | $ 149,598,000 |  |  |  |  |  |

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