v3.26.1
Intangible Assets
 6 Months Ended
Jun. 30, 2026
Indefinite-Lived Intangible Assets [Line Items]  
Intangible Assets

13. Intangible Assets

Intangible assets, inclusive of indefinite-lived intangible assets not subject to amortization, consisted of the following (in thousands):

 

June 30, 2026

 

Indefinite-lived intangible assets

 

Number of Taxi
Medallions

 

 

Carrying Value

 

Taxi Medallions by jurisdiction:

 

 

 

 

 

 

New York City1

 

 

2,241

 

 

$

374,243

 

Other

 

 

 

 

 

1,829

 

Total

 

 

 

 

$

376,072

 

 

 

 

December 31, 2025

 

Indefinite-lived intangible assets

 

Number of Taxi
Medallions

 

 

Carrying Value

 

Taxi Medallions by jurisdiction:

 

 

 

 

 

 

New York City1

 

 

2,147

 

 

$

357,794

 

Other

 

 

 

 

 

1,228

 

Total

 

 

 

 

$

359,022

 
(1)
During the six months ended June 30, 2026, the Company acquired 95 medallions through loan foreclosures and disposed of 1 medallion. During the year ended December 31, 2025, the Company acquired 68 medallions and 20 medallions through loan foreclosures and the TML Asset Acquisition (see Note 6), respectively, and disposed of 2 medallions.