v3.26.1
Variable Interest Entities (Tables)
6 Months Ended
Jun. 30, 2026
Variable Interest Entity, Primary Beneficiary, Does Not Hold Majority Voting Interest, Disclosures [Abstract]  
Schedule of Assets and Liabilities of Consolidated VIE The following table details the assets and liabilities of our consolidated VIEs ($ in thousands):
June 30, 2026
December 31, 2025
Assets
Cash and cash equivalents
$48,974
$58,663
Loans receivable
3,194,645
2,422,505
Current expected credit loss reserve
(92,867)
(23,609)
Loans receivable, net
3,101,778
2,398,896
Owned real estate, net
602,877
603,130
Other assets
140,395
196,840
Total assets
$3,894,024
$3,257,529
Liabilities
Securitized debt obligations, net
$2,732,964
$2,139,719
Other liabilities
54,697
47,645
Total liabilities
$2,787,661
$2,187,364