v3.26.1
Financial Instruments - Credit Losses (Tables)
6 Months Ended
Jun. 30, 2026
Credit Loss [Abstract]  
Schedule of Disaggregation of Defaulted Notes by Year of Default
The following table presents the disaggregation of defaulted notes by year of default as of June 30, 2026:
(Expressed in thousands)
As of June 30, 2026
2026$82 
2025298 
2024136 
2023405 
2022141 
2021 and prior2,006
Total$3,068 
Schedule of Activity in Allowance for Uncollectibles of Defaulted Notes
The following table presents activity in the allowance for uncollectibles of defaulted notes for the three and six months ended June 30, 2026 and 2025:

(Expressed in thousands)
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2026202520262025
Beginning balance$2,552 $2,983 $2,117 $2,815 
Additions— 128 351 296 
Reversal(84)— — — 
Write-offs(63)(255)(63)(255)
Ending balance$2,405 $2,856 $2,405 $2,856