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v3.21.2

Long-Term Debt - Schedule of Components of Long-Term Debt (Details) $ in Thousands | 3 Months Ended
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Jun. 30, 2021 USD ($)
Debt Instrument [Line Items] |
Borrowings | $ 1,495,520
Unamortized Deferred Issuance Costs / Discount | (11,212)
Net Carrying Value | 1,484,308
Facilities |
Debt Instrument [Line Items] |
Borrowings | 835,099
Unamortized Deferred Issuance Costs / Discount | (1,827)
Net Carrying Value | 833,272
Trust preferred securities and subordinated notes |
Debt Instrument [Line Items] |
Borrowings | 139,500
Unamortized Deferred Issuance Costs / Discount | (803)
Net Carrying Value | $ 138,697
Trust preferred securities and subordinated notes | LIBOR |
Debt Instrument [Line Items] |
Basis spread on variable rate | 2.25%
Non-Recourse Business Purpose Loans |
Debt Instrument [Line Items] |
Repayments of debt | $ 242,000
Sequoia | Recourse Subordinate Securities Financing | Affiliated Entity |
Debt Instrument [Line Items] |
Borrowings | 160,102
Unamortized Deferred Issuance Costs / Discount | (521)
Net Carrying Value | $ 159,581
Weighted Average Interest Rate (as a percent) | 4.21%
CAFL | Recourse Subordinate Securities Financing | Affiliated Entity |
Debt Instrument [Line Items] |
Borrowings | $ 102,424
Unamortized Deferred Issuance Costs / Discount | (505)
Net Carrying Value | $ 101,919
Weighted Average Interest Rate (as a percent) | 4.21%
Non-Recourse BPL Financing, Facility A | Facilities |
Debt Instrument [Line Items] |
Borrowings | $ 45,582
Unamortized Deferred Issuance Costs / Discount | (444)
Net Carrying Value | 45,138
Limit | $ 45,582
Non-Recourse BPL Financing, Facility A | Facilities | LIBOR |
Debt Instrument [Line Items] |
Basis spread on variable rate | 3.85%
Non-Recourse BPL Financing, Facility B | Facilities |
Debt Instrument [Line Items] |
Borrowings | $ 57,616
Unamortized Deferred Issuance Costs / Discount | (199)
Net Carrying Value | 57,417
Limit | $ 250,000
Non-Recourse BPL Financing, Facility B | Facilities | LIBOR |
Debt Instrument [Line Items] |
Basis spread on variable rate | 3.00%
Recourse BPL Financing, Facility C | Facilities |
Debt Instrument [Line Items] |
Borrowings | $ 269,100
Unamortized Deferred Issuance Costs / Discount | 0
Net Carrying Value | 269,100
Limit | $ 450,000
Recourse BPL Financing, Facility C | Facilities | LIBOR |
Debt Instrument [Line Items] |
Basis spread on variable rate | 3.40%
Recourse BPL Financing, Facility D | Facilities |
Debt Instrument [Line Items] |
Borrowings | $ 200,275
Unamortized Deferred Issuance Costs / Discount | (158)
Net Carrying Value | 200,117
Limit | $ 250,000
Recourse BPL Financing, Facility D | Facilities | LIBOR |
Debt Instrument [Line Items] |
Basis spread on variable rate | 3.00%
4.75% convertible senior notes | Convertible notes |
Debt Instrument [Line Items] |
Borrowings | $ 198,629
Unamortized Deferred Issuance Costs / Discount | (2,356)
Net Carrying Value | $ 196,273
Weighted Average Interest Rate (as a percent) | 4.75%
5.625% convertible senior notes | Convertible notes |
Debt Instrument [Line Items] |
Borrowings | $ 150,200
Unamortized Deferred Issuance Costs / Discount | (2,450)
Net Carrying Value | $ 147,750
Weighted Average Interest Rate (as a percent) | 5.625%
5.75% exchangeable senior notes | Convertible notes |
Debt Instrument [Line Items] |
Borrowings | $ 172,092
Unamortized Deferred Issuance Costs / Discount | (3,776)
Net Carrying Value | $ 168,316
Weighted Average Interest Rate (as a percent) | 5.75%

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