Fair Value Measurement - Schedule of Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
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Assets | ||
Line of credit receivable | $ 107,456 | $ 56,269 |
Loan servicing assets | 32,443 | 27,439 |
Total assets | 1,481,365 | 1,090,779 |
Liabilities | ||
Payable to securitization note holders | 65,152 | 87,321 |
Trailing fee liabilities | 5,000 | 4,600 |
Beneficial interest liabilities | 10,500 | 10,100 |
Loan servicing liabilities | 1,750 | 1,180 |
Fair Value, Inputs, Level 3 | ||
Assets | ||
Loans | 1,019,504 | 806,304 |
Beneficial interest assets | 266,761 | 176,848 |
Line of credit receivable | 107,456 | 56,269 |
Loan servicing assets | 32,443 | 27,439 |
Notes receivable and residual certificates | 54,708 | 22,055 |
Liabilities | ||
Payable to securitization note holders | 65,152 | 87,321 |
Trailing fee liabilities | 4,958 | 4,614 |
Beneficial interest liabilities | 10,532 | 10,089 |
Loan servicing liabilities | 1,750 | 1,180 |
Total liabilities | 82,392 | 103,204 |
Fair Value, Inputs, Level 2 | ||
Assets | ||
Interest rate caps | $ 493 | $ 1,864 |
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- Definition Beneficial Interest, Asset, Fair Value No definition available.
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- Definition Beneficial Interest Liabilities No definition available.
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- Definition Line Of Credit Receivable, Fair Value Disclosure No definition available.
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- Definition Payable To Securitization Note Holders, At Fair Value No definition available.
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- Definition Trailing Fee Liabilities, Fair Value Disclosure No definition available.
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- Definition Fair value portion of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Fair value as of the balance sheet date of interest rate derivative assets, which includes all such derivative instruments in hedging and nonhedging relationships that are recognized as assets. No definition available.
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- Definition Fair value of financial and nonfinancial obligations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Fair value portion of an agreement for an unconditional promise by the maker to pay the holder a definite sum of money at a future date. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of a liability representing servicing arrangements under which the estimated future revenue from contractually specified servicing fees, late charges, and other ancillary revenues are not expected to adequately compensate the servicer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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