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Fair Value of Financial Instruments
 3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Comparison of the Carrying Value and Estimated Fair Value of Financial Instruments
A comparison of the carrying amount and estimated fair value of these financial instruments is as follows:

(In millions)As of March 31, 2021As of December 31, 2020
 Carrying
Amount		Estimated Fair
Value		Carrying
Amount		Estimated Fair
Value
Assets    
Cash and cash equivalents$45.7 $45.7 $16.0 $16.0 
Restricted cash and cash equivalents538.5 538.5 380.2 380.2 
Restricted securities available for sale68.1 68.1 66.1 66.1 
Loans receivable, net6,875.3 7,254.1 6,787.9 7,216.4 
Liabilities    
Revolving secured line of credit$— $— $95.9 $95.9 
Secured financing3,914.6 3,993.6 3,711.6 3,793.9 
Senior notes791.1 829.5 790.6 842.0 
Mortgage note10.3 10.3 10.5 10.5 
Schedule of Assets and Liabilities, Measured at Fair Value on a Recurring Basis
The following table provides the level of measurement used to determine the fair value for each of our financial instruments measured or disclosed at fair value:
(In millions)As of March 31, 2021
 Level 1Level 2Level 3Total Fair Value
Assets   
Cash and cash equivalents (1)$45.7 $— $— $45.7 
Restricted cash and cash equivalents (1)538.5 — — 538.5 
Restricted securities available for sale (2)55.0 13.1 — 68.1 
Loans receivable, net (1)— — 7,254.1 7,254.1 
Liabilities    
Revolving secured line of credit (1)$— $— $— $— 
Secured financing (1)— 3,993.6 — 3,993.6 
Senior notes (1)829.5 — — 829.5 
Mortgage note (1)— 10.3 — 10.3 
(In millions)As of December 31, 2020
 Level 1Level 2Level 3Total Fair Value
Assets    
Cash and cash equivalents (1)$16.0 $— $— $16.0 
Restricted cash and cash equivalents (1)380.2 — — 380.2 
Restricted securities available for sale (2)52.8 13.3 — 66.1 
Loans receivable, net (1)— — 7,216.4 7,216.4 
Liabilities    
Revolving secured line of credit (1)$— $95.9 $— $95.9 
Secured financing (1)— 3,793.9 — 3,793.9 
Senior notes (1)842.0 — — 842.0 
Mortgage note (1)— 10.5 — 10.5 

(1)Measured at amortized cost with fair value disclosed.
(2)Measured at fair value on a recurring basis