Real Estate Owned ("REO") |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Real Estate [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Real Estate Owned ("REO") | Real Estate Owned (“REO”) Properties acquired through foreclosure are included on the Company's unaudited Condensed Consolidated Balance Sheets as real estate owned. As of March 31, 2026 and December 31, 2025, real estate owned, net totaled $16.0 million and $16.4 million, respectively. During the three months ended March 31, 2026, the Company recorded a recovery of impairment loss on real estate owned of $0.1 million compared to an impairment loss of $1.1 million for the year ended December 31, 2025, which is considered a Level 3 non-recurring fair market value adjustment. The following table presents the Company’s REO activity during the three months ended March 31, 2026 and March 31, 2025:
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