v3.25.2
Prepaid Expenses and Other Assets
 6 Months Ended
Jun. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Assets
7. Prepaid Expenses and Other Assets
Prepaid expenses and other assets consisted of the following:
As of June 30,As of December 31,
(Amounts in thousands)20252024
Prepaid expenses$21,096 $17,165 
Tax receivables198 5,484 
Security Deposits8,493 11,245 
Prefunded loans in escrow3,567 — 
Total prepaid expenses and other assets$33,354 $33,894 
The prefunded loans in escrow consist of loans that were funded in the current period but closed in the subsequent period. Due to the timing of the closing of these loans, they are not mortgage loans held for sale in the current period.