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v3.25.4

Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2025
Fair Value Measurements |
Schedule of carrying amounts in the consolidated balance sheet | The carrying amounts in the following table are recorded in the combined and consolidated balance sheet as of December 31, 2025 and December 31, 2024 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2025 | ​ | December 31, 2024
​ | ​ | Carrying | ​ | Estimated | ​ | Carrying | ​ | Estimated
​ | ​ ​ ​ | Amount | ​ ​ ​ | Fair Value | ​ ​ ​ | Amount | ​ ​ ​ | Fair Value
Financial Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Investments in receivables, net | ​ | $ | 1,928,742 | ​ | $ | 2,156,926 | ​ | $ | 1,497,748 | ​ | $ | 1,646,535
Credit card receivable, net | ​ | ​ | 16,312 | ​ | ​ | 16,312 | ​ | ​ | 17,176 | ​ | ​ | 17,176
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving credit facility | ​ | ​ | 231,584 | ​ | ​ | 231,584 | ​ | ​ | 508,146 | ​ | ​ | 513,799
Senior unsecured bond due 2026 | ​ | ​ | 299,200 | ​ | ​ | 300,330 | ​ | ​ | 297,828 | ​ | ​ | 299,478
Senior unsecured bond due 2029 | ​ | ​ | 395,775 | ​ | ​ | 421,200 | ​ | ​ | 394,405 | ​ | ​ | 424,792
Senior unsecured bond due 2030 | ​ | ​ | 493,046 | ​ | ​ | 525,560 | ​ | ​ | — | ​ | ​ | —

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