v3.26.1
Other Assets
 3 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets Disclosure Other Assets
The following table provides additional details of the Company's assets included in Other assets on the Consolidated Balance Sheet at March 31, 2026 and December 31, 2025.
Other AssetsMarch 31, 2026December 31, 2025
(In thousands)
Prepaid expenses, advances, and deferred offering costs$6,025 $6,804 
Leases—right of use assets(1)
3,882 3,992 
Prepaid scheduled draws on reverse mortgage loans and amounts due from sub-servicer4,379 3,620 
Accounts receivable7,997 7,449 
Intangible assets1,778 1,786 
Certificates of deposit, security deposits, and escrow cash1,290 853 
Property and equipment(2)
1,060 868 
Receivables and claims related to reverse mortgage loans repurchased from HMBS(3)
1,786 1,074 
$28,197 $26,446 
(1)See Note 24 for additional details on the Company's leases and ROU assets.
(2)Net of accumulated depreciation.
(3)Represents receivables from third-parties and claims to HUD related to loans repurchased from HMBS. See Note 13, Issuance of HMBS for discussion on the maximum claim amount related to reverse mortgage loans in HMBS.
The Company has identified and recognized various intangible assets. The following table details the Company's intangible assets as of March 31, 2026 and December 31, 2025.
March 31, 2026December 31, 2025
Gross Carrying ValueAccumulated AmortizationNet
Carrying Value		Useful LifeGross Carrying ValueAccumulated AmortizationNet
Carrying Value 		Useful Life
(In thousands)(In months)(In thousands)(In months)
Intangible Asset:
Trademarks/trade names$1,200 $— $1,200 Indefinite$1,200 $— $1,200 Indefinite
Customer relationships700 (122)578 240700 (114)586 240
Total identified intangible assets$1,900 $(122)$1,778 $1,900 $(114)$1,786 
The following table summarizes changes in the net carrying value of the Company's intangible assets for the three-month periods ended March 31, 2026 and 2025.
Three-Month Period Ended March 31, 2026
(In thousands)Trademarks/Trade NamesCustomer RelationshipsTotal
Net carrying value of intangible assets: Balance—December 31, 2025$1,200 $586 $1,786 
Accumulated Amortization— (8)(8)
Net carrying value of intangible assets: Balance—March 31, 20261,200 578 1,778 
Three-Month Period Ended March 31, 2025
(In thousands)Internally Developed SoftwareTrademarks/Trade NamesCustomer RelationshipsTotal
Net carrying value of intangible assets:
Balance—December 31, 2024		$350 $1,200 $621 $2,171 
Accumulated Amortization(117)— (8)(125)
Net carrying value of intangible assets:
Balance—March 31, 2025		$233 $1,200 $613 $2,046 
The following table summarizes the Company's estimated future amortization expense on its intangible assets.
March 31, 2026
(In thousands)
2026$27 
202735 
202835 
202935 
203035 
Thereafter411 
Total$578