The following table sets forth the detail of other assets included in the condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025:


	March 31, 2026		December 31, 2025
	($ in thousands)
Investments in Majority-Owned Affiliates	$	25,667	$	25,474
Commercial Mortgage Loans, at fair value	5,184		5,189
CMBS, at fair value	5,003		4,703
Deferred tax asset	3,274		3,274
Prepaid expenses	1,530		1,553
Loans held for sale	1,897		1,897
Other	857		894
Total other assets	$	43,412	$	42,984

The Company has participated in securitization transactions which involved MOAs in which the Company received investments in each case proportional to its share of the unpaid principal balance of the residential whole loans contributed to the securitizations. The purpose of the MOAs is to retain and hold risk retention bonds issued by the securitization trust. Each MOA is a limited liability company and is accounted for as an equity method investment and held at amortized cost and tested for impairment at least annually utilizing undiscounted cash flows of the underlying bonds. See Note 8 — Fair Value Measurements.

Commercial mortgage loans are measured at fair value. As of March 31, 2026 and December 31, 2025, the cost and unpaid principal balance of the assets was $5.5 million and $5.5 million, with a fair value of $5.2 million and $5.2 million, respectively. The weighted average interest rate was 6.23% with a weighted average maturity of 10 years, as of March 31, 2026. There were no commercial mortgage loans more than ninety (90) days past due or in foreclosure as of March 31, 2026 or December 31, 2025.

CMBS are held at fair value. As of March 31, 2026 and December 31, 2025, the cost of these assets were $5.4 million and $5.4 million, with a fair value of $5.0 million and $4.7 million, respectively. There was no repurchase debt held against these assets at March 31, 2026 or December 31, 2025.