| Schedule of carrying amounts in the consolidated balance sheet |
The carrying amounts in the following table are recorded in the combined and condensed consolidated balance sheet as of March 31, 2026 and December 31, 2025 (in thousands): | | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | | Carrying | | Estimated | | Carrying | | Estimated | | | Amount | | Fair Value | | Amount | | Fair Value | Financial Assets | | | | | | | | | | | | | Cash and cash equivalents | | $ | 26,249 | | $ | 26,249 | | $ | 23,231 | | $ | 23,231 | Accounts receivable | | | 15,108 | | | 15,108 | | | 12,245 | | | 12,245 | Investments in receivables, net | | | 1,929,069 | | | 2,131,126 | | | 1,928,742 | | | 2,156,926 | Credit card receivable, net | | | 15,130 | | | 15,130 | | | 16,312 | | | 16,312 | | | | | | | | | | | | | | Financial Liabilities | | | | | | | | | | | | | Revolving credit facility | | | 244,214 | | | 244,214 | | | 231,584 | | | 231,584 | Senior unsecured bond due 2026 | | | 299,543 | | | 300,444 | | | 299,200 | | | 300,330 | Senior unsecured bond due 2029 | | | 396,118 | | | 420,885 | | | 395,775 | | | 421,200 | Senior unsecured bond due 2030 | | | 493,447 | | | 519,875 | | | 493,046 | | | 525,560 |
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