v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Financing Receivable, Allowance for Credit Loss

The following table summarizes our (provision for) reversal of credit losses as of June 30, 2026 and 2025 (dollars in thousands):

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Balances, January 1,

 

$

(34,741

)

 

$

(1,377

)

(Provision for) reversal of credit losses

 

 

2,210

 

 

 

(6,497

)

Write-offs related to real estate owned consolidations

 

 

6,073

 

 

 

 

(Provision for) reversal of individual reserve of credit losses

 

 

 

 

 

(2,412

)

Balances, June 30,

 

$

(26,458

)

 

$

(10,286

)

The following table summarizes our expected credit loss reserve as of June 30, 2026 and 2025 (dollars in thousands):

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Collective Reserve

 

$

11,762

 

 

$

3,624

 

Individual Reserve

 

 

14,696

 

 

 

6,662

 

Total Reserve

 

$

26,458

 

 

$

10,286