v3.26.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Financing Receivable, Allowance for Credit Loss

The following table summarizes our (provision for) reversal of credit losses as of March 31, 2026 and 2025 (dollars in thousands):

 

March 31, 2026

 

 

March 31, 2025

 

Balances, January 1,

$

(34,741

)

 

$

(1,377

)

(Provision for) reversal of credit losses

 

2,983

 

 

 

(1,213

)

Reversal of individual reserve of credit losses

 

 

 

 

(2,412

)

Balances, March 31,

$

(31,758

)

 

$

(5,002

)

The following table summarizes our expected credit loss reserve as of March 31, 2026 and 2025 (dollars in thousands):

 

March 31, 2026

 

 

March 31, 2025

 

Collective Reserve

$

8,678

 

 

$

2,590

 

Individual Reserve

 

23,080

 

 

 

2,412

 

Total Reserve

$

31,758

 

 

$

5,002