v3.25.2
Loans Held for Investment (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Loans Held for Investment The Company’s Loans Held for Investment portfolio consists of U.K. loans and is summarized as follows:
(Amounts in thousands)June 30, 2025December 31, 2024
Property - Buy to Let$422,397 $111,630 
Other970 1,514 
Allowance for credit losses$(2,801)$(1,667)
Total Loans Held for Investment, net $420,566 $111,477 
Schedule of Financing Receivable Credit Quality Indicators
The tables below present loans by credit quality indicator and vintage year:
June 30, 2025
(Amounts in thousands)20252024202320222021PriorTotal
Property - Buy to Let
0-20 Months$— $— $— $— $— $— $— 
21-40 Months— — — — — — — 
Over 40 Months300,624 120,966 807 — — — 422,397 
Total$300,624 $120,966 $807 $— $— $— $422,397 
Other
0-20 Months$— $— $7 $488 $296 $11 $802 
21-40 Months— — 13 155 — — 168 
Over 40 Months— — — — — — — 
Total$— $— $20 $643 $296 $11 $970 
Total$300,624 $120,966 $827 $643 $296 $11 $423,367 
December 31, 2024
(Amounts in thousands)20242023202220212020PriorTotal
Property - Buy to Let
0-20 Months$— $— $— $— $— $— $— 
21-40 Months— — — — — — — 
Over 40 Months110,891 739 — — — — 111,630 
Total$110,891 $739 $— $— $— $— $111,630 
Other
0-20 Months$— $34 $255 $435 $77 $2 $803 
21-40 Months— 13 630 68 — — 711 
Over 40 Months— — — — — — — 
Total$— $47 $885 $503 $77 $2 $1,514 
Total$110,891 $786 $885 $503 $77 $2 $113,144