XML 116 R106.htm IDEA: XBRL DOCUMENT v3.25.1
Debt - Narrative (Details)
3 Months Ended
Jan. 14, 2025
USD ($)
Jun. 28, 2024
USD ($)
Apr. 30, 2023
multiple
Apr. 27, 2021
USD ($)
Mar. 31, 2025
USD ($)
Mar. 31, 2024
USD ($)
jointVenture
Dec. 31, 2024
USD ($)
Debt Instrument [Line Items]              
Proceeds from issuance of senior unsecured notes         $ 82,500,000 $ 0  
Long-term debt         $ 654,428,000    
Interest rate         0.26161%    
Number of joint venture entities with debt restructuring agreement | jointVenture           1  
NYM Preferred Trust I And II              
Debt Instrument [Line Items]              
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]         CME Term, SOFR    
Interest rate         0.26161%    
Senior unsecured notes              
Debt Instrument [Line Items]              
Principal value of trust preferred securities         $ 242,500,000   $ 160,000,000
2030 Senior Notes | Senior unsecured notes              
Debt Instrument [Line Items]              
Principal value of trust preferred securities $ 82,500,000       82,500,000   0
Interest rate 9.125%            
Proceeds from issuance of senior unsecured notes $ 79,300,000            
Unrealized net gain on debt         2,500,000    
2030 Senior Notes | Senior unsecured notes | Debt Instrument, Redemption, Period One              
Debt Instrument [Line Items]              
Debt instrument, redemption price, percentage 100.00%            
2029 Senior Notes              
Debt Instrument [Line Items]              
Unrealized net gain on debt         600,000    
2029 Senior Notes | Senior unsecured notes              
Debt Instrument [Line Items]              
Principal value of trust preferred securities   $ 60,000,000.0     60,000,000   60,000,000
Interest rate   9.125%          
Proceeds from issuance of senior unsecured notes   $ 57,500,000          
2029 Senior Notes | Senior unsecured notes | Debt Instrument, Redemption, Period One              
Debt Instrument [Line Items]              
Debt instrument, redemption price, percentage   100.00%          
2026 Senior Notes | Senior unsecured notes              
Debt Instrument [Line Items]              
Principal value of trust preferred securities       $ 100,000,000.0 100,000,000   100,000,000
Interest rate       5.75%      
Proceeds from issuance of senior unsecured notes       $ 96,300,000      
Debt instrument, percentage of principal issued       100.00%      
Long-term debt         100,000,000.0    
Deferred loan fees, net         $ 900,000   $ 1,100,000
Debt issuance costs, amortization rate         6.64%    
2026 Senior Notes | Senior unsecured notes | Debt Instrument, Redemption, Period One              
Debt Instrument [Line Items]              
Debt instrument, redemption price, percentage       100.00%      
2026 Senior Notes | Senior unsecured notes | April 30, 2023 - April 29, 2024              
Debt Instrument [Line Items]              
Debt instrument, redemption price, percentage     100.00%        
Debt instrument, redemption price, percentage multiplier       2.875%      
Debt covenant, net cash to equity multiple threshold | multiple     4        
2026 Senior Notes | Senior unsecured notes | Between BB+ and B+ Credit Rating              
Debt Instrument [Line Items]              
Interest rate increase       0.50%      
2026 Senior Notes | Senior unsecured notes | B+ or Below Credit Rating              
Debt Instrument [Line Items]              
Interest rate increase       0.75%