XML 76 R69.htm IDEA: XBRL DOCUMENT v3.26.1
Other Debt - Additional Information (Details) - USD ($)
3 Months Ended
Jan. 30, 2026
Nov. 07, 2024
Jul. 25, 2024
Feb. 05, 2024
Dec. 27, 2023
Mar. 15, 2022
Apr. 16, 2021
Jan. 29, 2021
Jan. 04, 2011
Mar. 31, 2026
Dec. 31, 2025
Debt Instrument [Line Items]                      
Lines of credit fund maximum percentage of principle balance of mortgage loans                   100.00%  
Line of credit, maximum capacity                   $ 935,000,000 $ 935,000,000
2022 Term Loan                      
Debt Instrument [Line Items]                      
Interest payments, frequency                   six months  
9.375% Senior Notes due 2031                      
Debt Instrument [Line Items]                      
Debt instrument, face amount $ 500,000                    
Interest rate 9.375%                    
Offering price, percentage 100.00%                    
Tern notes, payable terms Interest on the 2026 Term Notes is payable semi-annually in arrears on February 15 and August 15 of each year, beginning on August 15, 2026 and will mature on February 15, 2031.                    
Net proceeds from issuance and sale term notes $ 484,900,000                    
Debt issuance costs, net                   $ 14,600,000  
Corporate Debt Agreement | 2022 Term Loan                      
Debt Instrument [Line Items]                      
Debt instrument, term           5 years          
Debt instrument, face amount           $ 215,000,000          
Term loans, balance                   0 215,000,000
Debt issuance costs, net                     3,300,000
Debt instrument, maturity date           Mar. 15, 2027          
Debt instrument, fixed interest rate           7.125%          
Corporate Debt Agreement | 2024 Term Loan                      
Debt Instrument [Line Items]                      
Debt instrument, term       5 years              
Debt instrument, face amount       $ 75,000,000              
Term loans, balance                   75,000,000 $ 75,000,000
Debt issuance costs, net                   $ 1,700,000  
Debt instrument, maturity date       Feb. 15, 2029              
Debt instrument, fixed interest rate       9.875%              
Corporate Debt Agreement | 2026 Term Loan | Senior Notes                      
Debt Instrument [Line Items]                      
Proceeds from issuance and sale of senior notes $ 500,000,000                    
2013 Repurchase Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate                   2.75%  
Debt Instrument, effective interest rate                   7.60% 7.60%
Agreement entered date                   May 17, 2013  
Debt instrument, maturity date                   Sep. 23, 2026  
Line of credit, maximum capacity                   $ 400,000,000 $ 400,000,000
2021 Repurchase Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Agreement entered date               Jan. 29, 2021   Jan. 29, 2021  
Debt instrument, maturity date               May 20, 2026      
Line of credit, maximum capacity               $ 200,000,000      
2021 Repurchase Agreement | Minimum | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate               3.00%      
2021 Repurchase Agreement | Maximum | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate               4.00%      
2024 Repurchase Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Agreement entered date     Jul. 25, 2024             Jul. 25, 2024  
Debt instrument, maturity date     May 20, 2026                
Line of credit, maximum capacity     $ 200,000,000                
Line of credit, outstanding amount     $ 75,000,000         $ 75,000,000      
2024 Repurchase Agreement | Minimum | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate     3.00%                
2024 Repurchase Agreement | Maximum | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate     4.00%                
2024 Bank Credit Agreement                      
Debt Instrument [Line Items]                      
Agreement entered date   Nov. 07, 2024                  
Debt instrument, maturity date   May 07, 2027                  
2024 Bank Credit Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Debt Instrument, effective interest rate                   7.90% 8.70%
Agreement entered date                   Nov. 07, 2024  
Debt instrument, maturity date                   May 07, 2027  
Line of credit, maximum capacity                   $ 50,000,000 $ 50,000,000
2024 Bank Credit Agreement | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Line of credit, maximum capacity                   $ 50,000,000  
2024 Bank Credit Agreement | SOFR | Revolving Credit Facility                      
Debt Instrument [Line Items]                      
Debt instrument, floor rate                   2.00%  
Debt instrument, spread rate                   3.50%  
2021 Term Repurchase Agreement                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate             2.95%        
2021 Term Repurchase Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Debt Instrument, effective interest rate                   7.90% 7.70%
Agreement entered date             Apr. 16, 2021     Apr. 16, 2021  
Debt instrument, maturity date             Apr. 14, 2028     Apr. 14, 2028  
Line of credit, maximum capacity             $ 100,000,000     $ 100,000,000 $ 100,000,000
2023 Repurchase Agreement                      
Debt Instrument [Line Items]                      
Agreement entered date         Dec. 27, 2023            
Debt instrument, maturity date         Dec. 27, 2026            
2023 Repurchase Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, face amount         $ 125,000,000            
Debt instrument, description         SOFR            
Debt Instrument, effective interest rate                   11.00% [1] 8.80%
Agreement entered date                   Dec. 27, 2023  
Debt instrument, maturity date                   Dec. 27, 2026  
Line of credit, maximum capacity                   $ 125,000,000 $ 125,000,000
Line of credit facility, description         bears interest at SOFR plus 3.00%.            
2023 Repurchase Agreement | SOFR | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, spread rate         3.00%            
Facility Agreement                      
Debt Instrument [Line Items]                      
Agreement entered date                 Jan. 04, 2011    
Debt instrument, maturity date                 Jul. 31, 2026    
Facility Agreement | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, description                   one-month SOFR  
Line of credit, maximum capacity                 $ 60,000,000    
Facility Agreement | SOFR | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, floor rate                   0.25%  
Debt instrument, spread rate                   1.60%  
[1] The higher effective interest rate for the 2023 repurchase agreement reflects the lower average outstanding balance during the quarter, which resulted from the paydown of the warehouse line using proceeds from the Company's unsecured debt issuance.