Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net (loss) income	$ (123,170)	$ 118,556
Adjustments to reconcile net (loss) income to net cash provided by operating activities
Non-cash compensation expense	8,112	7,655
Amortization of deferred fees on loans	(16,433)	(21,755)
Amortization of deferred financing costs and premiums/discounts on debt obligations	10,550	14,811
Payment-in-kind interest	(2,329)	(556)
Increase in current expected credit loss reserve	234,868	9,823
Gain on extinguishment of debt	(2,963)	0
Unrealized loss on derivative financial instruments, net	482	541
Realized gain on derivative financial instruments, net	(4,895)	(8,948)
Changes in assets and liabilities, net
Other assets	8,334	10,422
Other liabilities	(17,946)	(20,932)
Net cash provided by operating activities	94,610	109,617
Cash flows from investing activities
Principal fundings of loans receivable	(301,678)	(369,256)
Principal collections, sales proceeds, and cost-recovery proceeds from loans receivable	637,242	562,072
Origination and other fees received on loans receivable	4,550	2,850
Payments under derivative financial instruments	(72,113)	(136,689)
Receipts under derivative financial instruments	4,815	5,370
Collateral deposited under derivative agreements	(16,990)	(79,970)
Return of collateral deposited under derivative agreements	120,490	172,710
Net cash provided by investing activities	376,316	157,087
Cash flows from financing activities
Borrowings under secured debt	529,753	947,245
Repayments under secured debt	(671,610)	(521,407)
Repayments of securitized debt obligations	(178,058)	(1,807)
Borrowings under asset-specific debt	60,387	78,496
Repayments under asset-specific debt	0	(206,300)
Repayments of term loans	(5,499)	(5,499)
Repurchases of senior secured notes	(22,984)	0
Repayment of convertible notes	0	(220,000)
Payment of deferred financing costs	(8,315)	(7,265)
Distributions to non-controlling interests	(627)	(733)
Dividends paid on class A common stock	(107,390)	(106,455)
Net cash used in financing activities	(404,343)	(43,725)
Net increase in cash and cash equivalents	66,583	222,979
Cash and cash equivalents at beginning of period	350,014	291,340
Effects of currency translation on cash and cash equivalents	(2,611)	1,489
Cash and cash equivalents at end of period	413,986	515,808
Supplemental disclosure of cash flows information
Payments of interest	(343,609)	(318,185)
Payments of income taxes	(1,161)	(900)
Supplemental disclosure of non-cash investing and financing activities
Dividends declared, not paid	(107,678)	(106,816)
Loan principal payments held by servicer, net	90,006	19,756
Transfer of senior loan to real estate owned	$ 60,203	$ 0