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v3.22.2

Long-Term Debt - Schedule of Components of Long-Term Debt (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2022 | Jun. 30, 2022 | Dec. 31, 2021
Debt Instrument [Line Items] |  |  |
Borrowings | $ 1,981,156,000 | $ 1,981,156,000 | $ 1,650,576,000
Unamortized Deferred Issuance Costs / Discount | (15,095,000) | (15,095,000) | (9,743,000)
Net Carrying Value | 1,966,061,000 | 1,966,061,000 | 1,640,833,000
Limit | 450,000,000 | 450,000,000 |
Facilities |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | 1,105,735,000 | 1,105,735,000 | 990,155,000
Unamortized Deferred Issuance Costs / Discount | (1,686,000) | (1,686,000) | (1,672,000)
Net Carrying Value | 1,104,049,000 | 1,104,049,000 | 988,483,000
Trust preferred securities and subordinated notes |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | 139,500,000 | 139,500,000 | 139,500,000
Unamortized Deferred Issuance Costs / Discount | (756,000) | (756,000) | (779,000)
Net Carrying Value | 138,744,000 | $ 138,744,000 | $ 138,721,000
Trust preferred securities and subordinated notes | LIBOR |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 2.25% | 2.25%
Facility A | Recourse Subordinate Securities Financing | Affiliated Entity |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | 132,212,000 | $ 132,212,000 | $ 144,385,000
Unamortized Deferred Issuance Costs / Discount | (104,000) | (104,000) | (313,000)
Net Carrying Value | $ 132,108,000 | $ 132,108,000 | $ 144,072,000
Weighted Average Interest Rate (as a percent) | 4.21% | 4.21% | 4.21%
Facility B | Recourse Subordinate Securities Financing | Affiliated Entity |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 102,018,000 | $ 102,018,000 | $ 102,351,000
Unamortized Deferred Issuance Costs / Discount | (202,000) | (202,000) | (353,000)
Net Carrying Value | $ 101,816,000 | $ 101,816,000 | $ 101,998,000
Weighted Average Interest Rate (as a percent) | 4.21% | 4.21% | 4.21%
Facility C | Recourse Subordinate Securities Financing | Affiliated Entity |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 76,195,000 | $ 76,195,000 | $ 91,707,000
Unamortized Deferred Issuance Costs / Discount | (251,000) | (251,000) | (376,000)
Net Carrying Value | $ 75,944,000 | $ 75,944,000 | $ 91,331,000
Weighted Average Interest Rate (as a percent) | 4.75% | 4.75% | 4.75%
Non-Recourse BPL Financing, Facility D | Facilities |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 500,608,000 | $ 500,608,000 | $ 307,215,000
Unamortized Deferred Issuance Costs / Discount | (1,026,000) | (1,026,000) | (507,000)
Net Carrying Value | 499,582,000 | 499,582,000 | 306,708,000
Limit | $ 600,000,000 | 600,000,000 | $ 400,000,000
Non-Recourse BPL Financing, Facility D | Facilities | LIBOR |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate | 2.50% |  | 2.75%
Recourse BPL Financing, Facility E | Facilities |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 294,702,000 | 294,702,000 | $ 234,349,000
Unamortized Deferred Issuance Costs / Discount | (103,000) | (103,000) | (123,000)
Net Carrying Value | 294,599,000 | 294,599,000 | 234,226,000
Limit | 450,000,000 | $ 450,000,000 | $ 450,000,000
Recourse BPL Financing, Facility E | Facilities | LIBOR |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  | 2.25% | 2.21%
Recourse BPL Financing, Facility I | Facilities |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings |  |  | $ 110,148,000
Unamortized Deferred Issuance Costs / Discount |  |  | 0
Net Carrying Value |  |  | 110,148,000
Limit |  |  | $ 450,000,000
Recourse BPL Financing, Facility I | Facilities | LIBOR |  |  |
Debt Instrument [Line Items] |  |  |
Basis spread on variable rate |  |  | 3.35%
4.75% convertible senior notes | Convertible notes |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | 198,629,000 | $ 198,629,000 | $ 198,629,000
Unamortized Deferred Issuance Costs / Discount | (1,302,000) | (1,302,000) | (1,836,000)
Net Carrying Value | $ 197,327,000 | $ 197,327,000 | $ 196,793,000
Weighted Average Interest Rate (as a percent) | 4.75% | 4.75% | 4.75%
5.625% convertible senior notes | Convertible notes |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 150,200,000 | $ 150,200,000 | $ 150,200,000
Unamortized Deferred Issuance Costs / Discount | (1,683,000) | (1,683,000) | (2,072,000)
Net Carrying Value | $ 148,517,000 | $ 148,517,000 | $ 148,128,000
Weighted Average Interest Rate (as a percent) | 5.625% | 5.625% | 5.625%
5.75% exchangeable senior notes | Convertible notes |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 172,092,000 | $ 172,092,000 | $ 172,092,000
Unamortized Deferred Issuance Costs / Discount | (2,977,000) | (2,977,000) | (3,384,000)
Net Carrying Value | $ 169,115,000 | $ 169,115,000 | $ 168,708,000
Weighted Average Interest Rate (as a percent) | 5.75% | 5.75% | 5.75%
7.75% convertible senior notes | Convertible notes |  |  |
Debt Instrument [Line Items] |  |  |
Borrowings | $ 215,000,000 | $ 215,000,000 |
Unamortized Deferred Issuance Costs / Discount | (6,691,000) | (6,691,000) |
Net Carrying Value | $ 208,309,000 | $ 208,309,000 |
Weighted Average Interest Rate (as a percent) | 7.75% | 7.75% |

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