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v3.21.2

Secured Debt Arrangements, Net - Weighted Average Maturities and Interest Rates of Borrowings (Details) kr in Thousands, € in Millions, £ in Millions | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Jun. 30, 2021 USD ($) | Jun. 30, 2020 USD ($) | Jun. 30, 2021 SEK (kr) | Jun. 30, 2021 GBP (£) | Jun. 30, 2021 EUR (€) | Mar. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | Nov. 30, 2017 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Less: deferred financing costs | $ (10,098,000) |  |  |  |  |  |  |
Percentage of secured debt that is recourse debt | 54.00% |  | 54.00% | 54.00% | 54.00% |  | 55.00% |
Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 4,554,581,000 |  |  |  |  |  | $ 4,395,764,000 |
Borrowings outstanding | 3,679,906,000 |  |  |  |  |  | 3,436,672,000 |
Less: deferred financing costs | $ (9,753,000) |  |  |  |  |  | (12,993,000) |
Line of Credit | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average advance rate | 67.20% | 63.70% |  |  |  |  |  |
Line of Credit | London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average rate | 2.00% | 2.16% |  |  |  |  |  |
Line of Credit | GBP London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average rate | 2.03% | 1.83% |  |  |  |  |  |
Line of Credit | EUR London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average rate | 1.43% | 1.46% |  |  |  |  |  |
Line of Credit | SEK London Interbank Offered Rate (LIBOR) | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average rate | 1.50% |  |  |  |  |  |  |
Line of Credit | JP Morgan Chase, DB Repurchase Facility, Goldman Sachs, Credit Suisse and HSBC Facilities |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 3,059,149,000 |  |  |  |  |  | 3,538,036,000 |
Borrowings outstanding | 2,194,227,000 |  |  |  |  |  | 2,591,937,000 |
Line of Credit | Deutsche Bank Repurchase Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | 700,000,000.0 |  |  |  |  | $ 1,000,000,000.0 |  |
Borrowings outstanding | 413,300,000 |  |  |  |  |  |  |
Line of Credit | Goldman Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings |  |  |  |  |  |  |  | $ 500,000,000.0
Borrowings outstanding | 134,000,000.0 |  |  |  |  |  |  |
Line of Credit | Barclays Securitization |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Borrowings outstanding |  |  | kr 2,100,000 | £ 637.7 | € 312.4 |  |  |
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 | 4,554,581,000 |  |  |  |  |  | 4,395,764,000 |
Borrowings outstanding | $ 3,689,659,000 |  |  |  |  |  | 3,449,665,000 |
USD | Line of Credit | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average advance rate | 64.80% | 62.50% |  |  |  |  |  |
USD | Line of Credit | JP Morgan Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 1,113,966,000 |  |  |  |  |  | 1,113,156,000 |
Borrowings outstanding | 1,069,071,000 |  |  |  |  |  | 984,125,000 |
USD | Line of Credit | Deutsche Bank Repurchase Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | 700,000,000 |  |  |  |  |  | 1,000,000,000 |
Borrowings outstanding | 413,325,000 |  |  |  |  |  | 520,457,000 |
USD | Line of Credit | Goldman Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | 500,000,000 |  |  |  |  |  | 500,000,000 |
Borrowings outstanding | 133,955,000 |  |  |  |  |  | 332,352,000 |
USD | Line of Credit | Credit Suisse Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | 189,219,000 |  |  |  |  |  | 374,251,000 |
Borrowings outstanding | 189,219,000 |  |  |  |  |  | 369,182,000 |
USD | Line of Credit | Barclays Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | 200,000,000 |  |  |  |  |  | 200,000,000 |
Borrowings outstanding | $ 32,693,000 |  |  |  |  |  | $ 35,192,000 |
Fx contracts - GBP | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Currency conversion rate | 1.38 |  | 1.38 | 1.38 | 1.38 |  | 1.37 |
Fx contracts - GBP | Line of Credit | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average advance rate | 67.60% | 68.70% |  |  |  |  |  |
Fx contracts - GBP | Line of Credit | JP Morgan Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 114,886,000 |  |  |  |  |  | $ 113,548,000 |
Borrowings outstanding | $ 114,886,000 |  |  |  |  |  | $ 113,548,000 |
Fx contracts - EUR | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Currency conversion rate | 1.19 |  | 1.19 | 1.19 | 1.19 |  | 1.22 |
Fx contracts - EUR | Line of Credit | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average advance rate | 68.80% | 60.80% |  |  |  |  |  |
Fx contracts - EUR | Line of Credit | JP Morgan Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 71,148,000 |  |  |  |  |  | $ 73,296,000 |
Borrowings outstanding | 71,148,000 |  |  |  |  |  | 73,296,000 |
Fx contracts - EUR | Line of Credit | HSBC Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | 169,930,000 |  |  |  |  |  | 163,785,000 |
Borrowings outstanding | $ 169,930,000 |  |  |  |  |  | 163,785,000 |
Kronor | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Currency conversion rate | 0.12 |  | 0.12 | 0.12 | 0.12 |  |  |
Kronor | Line of Credit | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Weighted average advance rate | 80.80% |  |  |  |  |  |  |
VIE | Line of Credit | Barclays Securitization |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum Amount of Borrowings | $ 1,495,432,000 |  |  |  |  |  | 857,728,000 |
Borrowings outstanding | 1,495,432,000 | $ 782,000,000.0 |  |  |  |  | $ 857,728,000 |
VIE | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Borrowings outstanding | 1,495,432,000 |  |  |  |  |  |  |
VIE | Fx contracts - GBP | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Borrowings outstanding | 881,976,000 |  |  |  |  |  |  |
VIE | Fx contracts - EUR | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Borrowings outstanding | $ 370,492,000 |  |  |  |  |  |  |
VIE | Kronor | Line of Credit | Barclays Securitization | Weighted Average |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Borrowings outstanding | kr |  |  | kr 242,964 |  |  |  |  |

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