v3.26.1
LIFE SETTLEMENT POLICIES (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, All Other Investments [Abstract]  
Schedule of Life Settlement Contracts, Fair Value Method
The following tables summarize the Company’s life insurance policies grouped by remaining life expectancy as of June 30, 2026:
Remaining Life Expectancy (Years)PoliciesFace ValueNet Death BenefitFair Value
0-151$30,885,723 $30,066,062 $21,712,821 
1-210892,390,457 104,640,445 75,988,327 
2-3116193,856,477 193,502,821 127,457,813 
3-49784,587,920 81,421,369 48,188,677 
Remaining Life Expectancy (Years)PoliciesFace ValueNet Death BenefitFair Value
4-58772,417,299 68,981,460 35,498,806 
Thereafter163208,497,840 207,673,905 74,197,804 
Total622$682,635,716 $686,286,062 $383,044,248 
The following tables summarize the Company’s life insurance policies grouped by remaining life expectancy as of December 31, 2025:
Remaining Life Expectancy (Years)PoliciesFace ValueNet Death BenefitFair Value
0-156 $37,289,219 $38,364,635 $31,591,831 
1-2107 145,413,973 136,961,406 95,037,912 
2-3172 220,587,453 233,422,730 138,986,632 
3-4103 102,158,681 101,592,187 47,674,052 
4-5104 96,790,034 90,018,094 38,562,604 
Thereafter259 461,508,314 458,781,779 117,004,898 
Total801$1,063,747,674 $1,059,140,831 $468,857,929 
Schedule of Life Settlement Contracts, Investment Method
The following tables summarize the Company’s life insurance policies grouped by remaining life expectancy as of December 31, 2025:
Remaining Life Expectancy (Years)PoliciesFace ValueNet Death BenefitCarrying Value
4-51$750,000 $750,000 $444,987 
Thereafter2875,000 898,307 473,318 
Total3$1,625,000 $1,648,307 $918,305 
Estimated premiums to be paid by the Company for its portfolio accounted for using the investment method during each of the five succeeding calendar years and thereafter as of December 31, 2025, are as follows:
2026$52,837 
202753,214 
202811,946 
Total$117,997