v3.26.1
Prepaid Expenses and Other Assets
 3 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Assets
8. Prepaid Expenses and Other Assets
Prepaid expenses and other assets consisted of the following:
As of March 31,As of December 31,
(Amounts in thousands)20262025
Prepaid expenses$13,759 $11,786 
Tax receivables6,638 6,242 
Security deposits8,859 8,763 
Prefunded loans in escrow4,044 352 
Total prepaid expenses and other assets$33,300 $27,143 
The December 31, 2025 amounts presented above have been reclassified to conform to the current-period presentation. Prepaid expenses and other assets associated with the Birmingham Bank disposal group are not included in the table above and are instead presented within assets of discontinued operations. See Note 3 for further details.
The prefunded loans in escrow consist of loans that were funded in the current period but closed in the subsequent period. Due to the timing of the closing of these loans, they are not mortgage loans held for sale in the current period.