v3.26.1
Revenue (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Interest Income
Interest Income - Total interest income included in the Condensed Consolidated Statements of Operations (Unaudited) is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Interest income
Interest on loans$216,918 $215,816 $429,903 $433,345 
Fees on loans2,356 2,465 5,036 5,157 
Total interest income219,274 218,281 434,939 438,502 
The following table represents the interest income earned from our loans receivable portfolio and interest expense on our debt instruments recorded on the Company’s Condensed Consolidated Statements of Operations (Unaudited) related to transactions with Neuberger.
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Interest income
Secured borrowings
5,228 13,691 11,474 29,960 
Total interest income
$5,228 $13,691 $11,474 $29,960 
Interest expense
Corporate financing$7,701 $5,107 $11,486 $10,340 
Secured borrowings
(3,368)5,419 (3,351)11,842 
Secured financing
462 419 667 419 
Total interest expense
$4,795 $10,945 $8,802 $22,601 
Schedule of Non-Interest Income
Non-interest Income - Total non-interest income included in the Condensed Consolidated Statements of Operations (Unaudited) is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Non-interest income
Servicing fees$1,531 $3,604 $3,204 $7,142 
Subscription revenue5,164 4,842 9,716 9,886 
Interest on member accounts
4,134 4,566 7,939 8,988 
Gain on loan sales and other
3,125 3,053 6,194 5,732 
Total non-interest income$13,954 $16,065 $27,053 $31,748