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v3.21.1

Debt, net - Schedule of Debt Obligations, Net of Discounts and Deferred Financing Costs (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2021 | Dec. 31, 2020
Debt Instrument [Line Items] |  |
Long-term debt | $ 406,788 | $ 379,617
Unamortized discount, net | (1,888) | (2,035)
Unamortized deferred financing costs | (10,941) | (11,336)
Debt, net | 393,959 | 366,246
Total corporate debt |  |
Debt Instrument [Line Items] |  |
Long-term debt | 299,130 | 280,313
Asset based revolving financing |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | 200,000 |
Long-term debt | $ 20,380 | 0
Asset based revolving financing | Prime Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 1.25% |
Secured term credit agreements |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | $ 118,750 |
Long-term debt | 118,750 | 120,313
Preferred trust securities |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | 35,000 |
Long-term debt | 35,000 | 35,000
Junior subordinated notes |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | 125,000 |
Long-term debt | 125,000 | 125,000
Total asset based debt |  |
Debt Instrument [Line Items] |  |
Long-term debt | 107,658 | $ 99,304
Residential mortgage warehouse borrowings |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | $ 110,000 |
Weighted average interest rate | 2.77% | 2.75%
Minimum | Residential mortgage warehouse borrowings | LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 2.00% |
Maximum | Asset based revolving financing | Prime Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 1.25% |
Maximum | Asset based revolving financing | LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 2.25% |
Maximum | Secured term credit agreements | LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 6.75% |
Maximum | Preferred trust securities |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 4.10% |
Maximum | Junior subordinated notes |  |
Debt Instrument [Line Items] |  |
Stated interest rate, percentage | 8.50% |
Maximum | Residential mortgage warehouse borrowings | LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 3.00% |
Asset Backed Revolving Line of Credit | Asset based revolving financing |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | $ 75,000 |
Long-term debt | $ 26,830 | $ 27,510
Asset Backed Revolving Line of Credit | Maximum | Asset based revolving financing | LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 2.75% |
Asset Backed Term Loan - Vessels | Vessel backed term loan |  |
Debt Instrument [Line Items] |  |
Debt instrument, maximum borrowing capacity | $ 15,250 |
Long-term debt | $ 15,250 | 15,800
Asset Backed Term Loan - Vessels | Maximum | Vessel backed term loan | LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 4.75% |
Warehouse Agreement Borrowings | Residential mortgage warehouse borrowings |  |
Debt Instrument [Line Items] |  |
Long-term debt | $ 65,578 | $ 55,994

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