Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Principal Contractual Obligations

Our contractual principal debt repayments as of December 31, 2019 were as follows ($ in thousands):

			Payment Timing
	Total Obligation		Less Than 1 Year		1 to 3 Years		3 to 5 Years		More Than 5 Years
Principal repayments under secured debt agreements(1)	$	10,083,938	$	142,648	$	2,878,421	$	6,770,155	$	292,714
Principal repayments of secured term loans(2)		746,878		7,488		14,975		14,975		709,440
Principal repayments of convertible notes(3)		622,500		—		402,500		220,000		—
Total(4)	$	11,453,316	$	150,136	$	3,295,896	$	7,005,130	$	1,002,154

(1) The allocation of repayments under our secured debt agreements is based on the earlier of (i) the maturity date of each facility, or (ii) the maximum maturity date of the collateral loans, assuming all extension options are exercised by the borrower.

(2) The Secured Term Loan is partially amortizing, with an amount equal to 1.0% per annum of the principal balance due in quarterly installments. Refer to Note 8 for further details on our secured term loan.

(3) Reflects the outstanding principal balance of Convertible Notes, excluding any potential conversion premium. Refer to Note 9 for further details on our Convertible Notes.

(4) Does not include $688.5 million of non-consolidated senior interests and $1.2 billion of securitized debt obligations, as the satisfaction of these liabilities will not require cash outlays from us.