v3.26.1
LOANS RECEIVABLE, AT FAIR VALUE - Additional Information (Details)
3 Months Ended 12 Months Ended
Feb. 27, 2025
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Dec. 17, 2024
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Nov. 15, 2024
Dec. 18, 2023
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Aug. 21, 2023
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Sep. 23, 2022
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Dec. 20, 2021
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Mar. 31, 2023
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Dec. 31, 2025
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Dec. 31, 2024
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Jul. 01, 2025
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Jun. 30, 2025
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Feb. 07, 2025
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Oct. 13, 2024
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Nov. 02, 2023
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Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Financing receivable, unrealized gain (loss)                 $ (448,000) $ (325,498,000)          
Financing receivable, nonaccrual                 $ 1,835,000 $ 21,222,000          
Nonaccrual to outstanding, percent                 7.00% 23.40%          
Financing receivable, 90 days or more past due, still accruing                 $ 320,285,000 $ 321,544,000          
Fair value, option, credit risk, gains (losses) on assets                 (471,000) (323,840,000)          
Loans receivable, at fair value                 26,303,000 90,103,000          
Number of loans | loan                         2    
Loans receivable - at fair value                 26,303,000 90,103,000          
Conn’s                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Consideration received   $ 27,738,000                          
Retailer Loan                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Gain (loss) on sales of loans, net                 (38,100,000)            
Related Party                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                 2,835,000 51,902,000          
Loans receivable - at fair value                 2,835,000 51,902,000          
Related Party | Torticity, LLC                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                             $ 15,369,000
Loans receivable, fair value disclosure, drawn                             $ 6,690,000
Loans receivable, basis spread on variable rate                             15.00%
Related Party | Retailer Loan | Conn’s                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable - at fair value       $ 108,000,000                      
Debt instrument, floor, percentage       4.80%                      
Interest rate       8.00%                      
Related Party | Retailer Loan | GA Joann Retail Partnership, LLC                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Borrowing capacity credit facility $ 52,000,000                            
Related Party | Retailer Loan | BR Financial                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Interest rate 10.00%                            
Borrowing capacity credit facility $ 24,653,000                            
Cash | Related Party | Torticity, LLC                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, basis spread on variable rate                             7.50%
Payment in Kind (PIK) Note | Related Party | Torticity, LLC                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, basis spread on variable rate                             7.50%
Secured Debt | Term Loan | Revolving Credit Facility                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Principal amount           $ 148,200,000                  
Revolving credit facility                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Interest rate         6.00%                    
Revolving credit facility | Related Party | GA Holdings                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Interest rate     4.75%                        
Revolving credit facility | Revolving Credit Facility | Related Party | GA Holdings                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Borrowing capacity credit facility                     $ 25,000,000 $ 40,000,000   $ 25,000,000  
Freedom VCM Holdings, LLC                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                   2,169,000          
Interest rate         12.00%                    
Dividends paid, equal to the greater of net after-tax proceeds, percentage         80.00%                    
Dividends paid, equal to the greater of gross proceeds, percentage         50.00%                    
Take-private transaction, price         $ 227,296,000                    
Freedom VCM Holdings, LLC | Related Party                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Take-private transaction, price         216,500,000                    
Freedom VCM Holdings, LLC | First Priority Security Interest                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value         200,506,000         2,057,000          
W.S. Badcock Corporation                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Payments to acquire finance receivables           $ 168,363,000 $ 400,000,000 $ 145,278,000              
W.S. Badcock Corporation | Related Party                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                 0 2,169,000          
Freedom VCM Receivables, Inc.                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                 26,303,000 90,103,000          
Freedom VCM Receivables, Inc. | Related Party                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                 $ 0 $ 3,913,000          
Payments to acquire finance receivables         58,872,000                    
Gain (loss) on sale of financing receivable         $ (78,000)                    
Effective Interest Rate         19.74%                    
B.Riley Principal Investments, LLC ("BRPI") | Related Party | Torticity, LLC                              
Accounts, Notes, Loans and Financing Receivable [Line Items]                              
Loans receivable, at fair value                             $ 25,000,000
Loans receivable, fair value disclosure, drawn                             $ 15,000,000