v3.26.1
Warehouse Credit Facilities of Consolidated VIEs (Tables)
3 Months Ended
Mar. 31, 2026
Line of Credit Facility [Abstract]  
Schedule of Terms of the Warehouse Credit Facilities

The terms of the Warehouse Credit Facilities include the following (in thousands):

 

 

 

Facility One

 

 

Facility Two

 

 

Facility Three

 

Execution date

 

November 19, 2013

 

 

July 11, 2019

 

 

November 18, 2022

 

Commitment termination date

 

June 2, 2026

 

 

August 28, 2026

 

 

April 12, 2027

 

Aggregate borrowings limit

 

$

200,000

 

 

$

200,000

 

 

$

200,000

 

As of March 31, 2026

 

 

 

 

 

 

 

 

 

Aggregate principal balance of finance receivables pledged as collateral

 

$

4,098

 

 

$

 

 

$

190,050

 

Outstanding balance

 

$

3,660

 

 

$

 

 

$

155,823

 

Restricted cash

 

$

378

 

 

$

 

 

$

5,773

 

As of December 31, 2025

 

 

 

 

 

 

 

 

 

Aggregate principal balance of finance receivables pledged as collateral

 

$

9,732

 

 

$

147,269

 

 

$

224,874

 

Outstanding balance

 

$

7,739

 

 

$

111,060

 

 

$

199,856

 

Restricted cash

 

$

557

 

 

$

6,920

 

 

$

8,629