v3.26.1
Income Taxes (Tables)
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax (Benefit)/Expense
The income tax expense for the three months ended March 31, 2026 and 2025, respectively, is comprised of the following components (dollar amounts in thousands):

For the Three Months Ended March 31,
 20262025
Current income tax expense$155 $653 
Deferred income tax expense (benefit)
4 (5)
Total income tax expense$159 $648 
Schedule of Deferred Tax Assets and Liabilities
The major sources of temporary differences included in the deferred tax assets (liabilities) and their deferred tax effect as of March 31, 2026 and December 31, 2025, respectively, are as follows (dollar amounts in thousands):

 March 31, 2026December 31, 2025
Deferred tax assets  
Net operating loss carryforward$12,137 $11,252 
Capital loss carryover11,775 21,676 
GAAP/Tax differences
13,822 7,695 
Deferred tax assets
37,734 40,623 
Less: Valuation allowance
(24,596)(26,182)
Net deferred tax assets (1)
13,138 14,441 
Deferred tax liabilities  
GAAP/Tax differences
11,463 12,761 
Deferred tax liabilities (2)
11,463 12,761 
Total net deferred tax asset$1,675 $1,680 

(1)Included in other assets in the accompanying condensed consolidated balance sheets.
(2)Included in other liabilities in the accompanying condensed consolidated balance sheets.