v3.26.1
Segments - Reconciliation of Segment Income (Loss) to Consolidated Income (Loss) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Segment Reporting Information [Line Items]    
Equity investment earning $ 1,023 $ 680
Fee and Spread related earnings (58,461) (9,781)
Net unrealized gains (losses) from investment activities 11,776 (8,449)
Impairment loss - Goodwill (25,504) 0
Operating Segments    
Segment Reporting Information [Line Items]    
Segment income 8,480 22,819
Asset Management    
Segment Reporting Information [Line Items]    
Equity investment earning 1,023 680
Interest income 1,278 1,091
Fee and Spread related earnings (58,461) (9,781)
Compensation and benefits (8,392) (8,412)
Transaction costs 9,501 2,174
Amortization and impairment of intangible assets (14,978) (3,582)
Interest and other credit facility expenses (7,810) (7,001)
Net gains (losses) from investment activities 2,021 (1,531)
Dividend income 98 356
Other income (loss), net 702 69
Gain on acquisition 4,457 0
Net unrealized gains (losses) from investment activities 1,603 (1,869)
Asset Management | Operating Segments    
Segment Reporting Information [Line Items]    
Advisory and transaction fees, net 798 0
Equity investment earning 1,023 680
Interest income 1,087 1,091
Other fee-related income 367 0
Fee-related compensation (4,962) (5,665)
Administration and servicing fees (4,313) (4,290)
General, administrative and other (2,704) (2,693)
Fee and Spread related earnings 8,484 9,079
Transaction costs 9,501 2,174
Equity-based compensation (1,476) (363)
Amortization and impairment of intangible assets (14,978) (3,582)
Interest and other credit facility expenses (7,810) (7,001)
Net gains (losses) from investment activities 2,021 (1,531)
Dividend income 98 356
Interest income - bank interest 191 0
Other income (loss), net 335 69
Gain on acquisition 4,457 0
Asset Management | Intersegment Eliminations    
Segment Reporting Information [Line Items]    
Interest income (1,087) (1,091)
Other fee-related income 367 0
Asset Management | Corporate allocations    
Segment Reporting Information [Line Items]    
Administration and servicing fees (2,236) (1,605)
General, administrative and other (10,434) (3,787)
Compensation and benefits (1,885) (2,173)
Asset Management | Management fees | Operating Segments    
Segment Reporting Information [Line Items]    
Management fees 15,575 16,758
Asset Management | Management fees | Intersegment Eliminations    
Segment Reporting Information [Line Items]    
Management fees 6,043 5,627
Asset Management | Incentive fees | Operating Segments    
Segment Reporting Information [Line Items]    
Management fees 1,613 3,198
Insurance Solutions    
Segment Reporting Information [Line Items]    
Cost of funds (3,958) (3,196)
Compensation and benefits (543) (1,367)
Interest expense (1,541) (1,313)
Other income (loss), net 309 541
Impairment loss - Goodwill (25,504) 0
Insurance Solutions | Operating Segments    
Segment Reporting Information [Line Items]    
General, administrative and other (12,764) (14,788)
Fee and Spread related earnings (4) 13,740
Net investment income and realized gain (loss), net 47,147 53,477
Cost of funds (32,303) (22,269)
Compensation and benefits (543) (1,367)
Interest expense (1,541) (1,313)
Equity-based compensation (1,322) (211)
Other income (loss), net 309 541
Net unrealized gains (losses) from investment activities 2,424 (9,651)
Impairment loss - Goodwill (25,504) 0
Insurance Solutions | Intersegment Eliminations    
Segment Reporting Information [Line Items]    
Management fees 6,043 5,627
Insurance Solutions | Reconciling Item    
Segment Reporting Information [Line Items]    
Management fees 6,043 5,627
General, administrative and other $ (1,630) $ (1,488)