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v3.25.1

Financing Arrangements - Schedule of Financing Arrangements (Details) $ in Thousands |  |  |  |  | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Sep. 18, 2024 | Jul. 15, 2024 | Jul. 14, 2024 | Jun. 14, 2023 | Mar. 31, 2025 USD ($) | Oct. 09, 2024 | Oct. 03, 2024 | Feb. 11, 2021
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Amount Outstanding |  |  |  |  | $ 1,117,344 |  |  |
Amount Available |  |  |  |  | $ 106,250 |  |  |
JPM Credit Facility, SOFR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  |  | 2.55% |  |  |
Amount Outstanding |  |  |  |  | $ 325,000 |  |  |
Amount Available |  |  |  |  | 81,250 |  |  |
2029 Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Amount Outstanding |  |  |  |  | 172,500 |  |  |
Amount Available |  |  |  |  | $ 0 |  |  |
2029 Notes | Unsecured debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Interest rate |  |  |  |  | 7.50% | 7.50% | 7.50% |
Fair value of debt |  |  |  |  | $ 172,086 |  |  |
2026 Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Amount Outstanding |  |  |  |  | 125,000 |  |  |
Amount Available |  |  |  |  | $ 0 |  |  |
2026 Notes | Unsecured debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Interest rate |  |  |  |  | 4.50% |  |  | 4.50%
UBS Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  | 3.20% | 2.75% |  |  |
Amount Outstanding |  |  |  |  | $ 100,000 |  |  |
Amount Available |  |  |  |  | $ 25,000 |  |  |
Series A Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  |  | 3.82% |  |  |
Amount Outstanding |  |  |  |  | $ 114,844 |  |  |
Amount Available |  |  |  |  | 0 |  |  |
Series A Notes | Unsecured debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Fair value of debt |  |  |  |  | 120,711 |  |  |
Tranche A 2027 Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Amount Outstanding |  |  |  |  | 100,000 |  |  |
Amount Available |  |  |  |  | $ 0 |  |  |
Tranche A 2027 Notes | Unsecured debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  |  | 4.75% |  |  |
Tranche B 2027 Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Amount Outstanding |  |  |  |  | $ 100,000 |  |  |
Amount Available |  |  |  |  | $ 0 |  |  |
Tranche B 2027 Notes | Unsecured debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Rate | 2.00% |  |  |  |  |  |  |
Tranche B 2027 Notes | Unsecured debt | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  |  | 3.90% |  |  |
2022 Term Loan |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  |  | 3.50% |  |  |
Amount Outstanding |  |  |  |  | $ 50,000 |  |  |
Amount Available |  |  |  |  | 0 |  |  |
2024 Term Loan |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Amount Outstanding |  |  |  |  | 30,000 |  |  |
Amount Available |  |  |  |  | $ 0 |  |  |
2024 Term Loan | Unsecured debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  |  |  |  | SOFR |  |  |
Rate |  |  |  |  | 3.80% |  |  |
JPM Credit Facility | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  | SOFR |  |  |  |  |  |
Rate |  | 2.55% | 3.20% |  |  |  |  |
Annual administration fee (in percent) |  | 0.0020 |  |  |  |  |  |
JPM Credit Facility | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual administration fee (in percent) |  |  |  |  | 0.20 |  |  |

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