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MD 94-6181186 345 Park Avenue New York NY 10154 212 655-0220 Class A common stock, BXMT NYSE Yes No Yes Yes Large Accelerated Filer false false true false false 3200000000 168738642 <span style="font-family:'Times New Roman', serif;font-size:8.5pt;font-style:normal;font-weight:normal;left:24.3pt;position:var(--position);text-decoration:none;white-space:pre;width:520.87pt">Part III of this annual report on Form 10-K incorporates information by reference from the registrant’s definitive proxy statement with respect to its <span style="display:inline-block;height:5.89pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8.5pt;font-style:normal;font-weight:normal;left:545.17pt;position:var(--position);text-decoration:none;white-space:pre;width:17pt">2026<span style="display:inline-block;height:5.89pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8.5pt;font-style:normal;font-weight:normal;left:562.17pt;position:var(--position);text-decoration:none;white-space:pre;width:25.52pt"> annual<span style="display:inline-block;height:5.89pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8.5pt;font-style:normal;font-weight:normal;left:587.6899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.12pt"> <span style="display:inline-block;height:5.89pt"></span></span><div style="font-size:12pt;line-height:8.5pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:749.66pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:8.5pt;font-style:normal;font-weight:normal;left:24.3pt;position:var(--position);text-decoration:none;white-space:pre;width:486.14pt">meeting of stockholders to be filed with the Securities and Exchange Commission within 120 days after the close of the registrant’s fiscal year.<span style="display:inline-block;height:5.89pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">As an externally managed company, our day-to-day operations are managed by our Manager and our executive officers<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">under the oversight of our board of directors. Our executive officers are senior Blackstone Real Estate professionals and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">our Manager is a subsidiary of Blackstone. As such, we are reliant on Blackstone for assessing, identifying and managing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">material risks to our business from cybersecurity threats. Below are details Blackstone has provided to us regarding its<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:181.15pt">cybersecurity program that are relevant to us.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone maintains a comprehensive cybersecurity program, including policies and procedures designed to protect its<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">systems, operations, and the data utilized and entrusted to it, including by us, from anticipated threats or hazards.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Blackstone utilizes a variety of protective measures as a part of its cybersecurity program. These measures include, where<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">appropriate, physical and digital access controls, patch management, identity verification and mobile device management<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:204.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">software, new hire and annual employee cybersecurity awareness and best practices training programs, security baselines<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:371.27pt">and tools to report anomalous activity, and monitoring of data usage, hardware and software.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Blackstone tests its cybersecurity defenses regularly through automated and manual vulnerability scanning, to identify and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">remediate critical vulnerabilities. In addition, it conducts annual “white hat” penetration tests to validate its security<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.54pt">posture. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.03999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:460.4pt">Blackstone internally reviews its cybersecurity program and conducts a third-party review every two to three years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:404.31pt">to evaluate its effectiveness in part by considering industry standards and established frameworks<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.81pt;position:var(--position);text-decoration:none;white-space:pre;width:90.65pt">, such as the National<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">Institute of Standards and Technology and Center for Internet Security, as guidelines. Further, Blackstone engages in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">cybersecurity incident tabletop exercises and scenario planning exercises involving hypothetical cybersecurity incidents to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:271.73pt">test its cybersecurity incident response processes. Blackstone’s<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.23pt;position:var(--position);text-decoration:none;white-space:pre;width:101.87pt"> Chief Security Officer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.1pt;position:var(--position);text-decoration:none;white-space:pre;width:121.4pt">, or CSO, and members of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone’s senior management, Legal and Compliance, Technology and Innovations, or BXTI, and Global Corporate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Affairs participate in these exercises. Learnings from these tabletop exercises and any cybersecurity events Blackstone<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:479.68pt">experiences are reviewed, discussed, and incorporated into its cybersecurity incident response processes, as appropriate.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:366.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">In addition to Blackstone’s internal exercises to test aspects of its cybersecurity program, Blackstone periodically engages<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:378pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:53.07pt">independent <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:111.57pt;position:var(--position);text-decoration:none;white-space:pre;width:49.73pt">third parties<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.3pt;position:var(--position);text-decoration:none;white-space:pre;width:392.18pt"> to analyze data on the interactions of users of Blackstone information technology resources,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:389.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">including Blackstone employees, and conduct penetration tests and scanning exercises to assess the performance of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:202.27pt">Blackstone’s cybersecurity systems and processes.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Blackstone has a comprehensive Security Incident Response Plan, the IRP, designed to inform the proper escalation<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">(including, as appropriate, to our executive officers and other representatives of our Manager or its affiliates) of non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">routine suspected or confirmed information security or cybersecurity events based on the expected risk an event presents.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">As appropriate, a Security Incident Response Team composed of individuals from several internal technical and managerial<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:470.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">functions may be formed to investigate and remediate the event and determine the extent of external advisor support<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">required, including from external counsel, forensic investigators, and/or law enforcement. The IRP sets out ongoing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:493.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">monitoring or remediation actions to be taken after resolution of an incident. The IRP is reviewed at least annually by<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:505pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:185.61pt">members of BXTI and Legal and Compliance.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:528.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">Blackstone maintains a formal cybersecurity risk management process and cybersecurity risk register, designed to identify,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:540pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">track and treat cybersecurity risks at the firm, and integrates these processes into the firm’s overall risk management<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:551.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">practices described above. Blackstone’s CSO periodically discusses and reviews cybersecurity risks and related mitigants<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">with its enterprise risk committee and incorporates relevant cybersecurity risk updates and metrics in the semi-annual<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:574.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.01pt">enterprise-wide risk management report.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">Blackstone has a process designed to assess the cybersecurity risks associated with the engagement of third-party vendors,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">including those of companies externally managed by Blackstone. This assessment is conducted on the basis of, among<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.82pt">other factors, the types of services provided and the extent and type of Blackstone data accessed or processed by a third-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:632.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">party vendor. On the basis of its preliminary risk assessment of a third-party vendor, Blackstone may conduct further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:644pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">cybersecurity reviews or request remediation of, or contractual protections related to, any actual or potential identified<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:655.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">cybersecurity risks. In addition, where appropriate, Blackstone seeks to include in its contractual arrangements with certain<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:667pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">of its third-party vendors provisions addressing its requirements and industry best practices with respect to data and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:678.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">cybersecurity, as well as the right to assess, monitor, audit and test such vendors’ cybersecurity programs and practices.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:690pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">Blackstone also utilizes a number of digital controls, which are reviewed at least annually, to monitor and manage third-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:183.89pt">party access to its internal systems and data. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.39pt;position:var(--position);text-decoration:none;white-space:pre;width:310.99pt">For a discussion of how risks from cybersecurity threats affect our business,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:405.52pt">and our reliance on Blackstone in managing these risks, see “Part 1. Item 1A. Risk Factors —<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.02pt;position:var(--position);text-decoration:none;white-space:pre;width:89.37pt">Risks Related to Our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:724.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:38.86pt">Company<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.36pt;position:var(--position);text-decoration:none;white-space:pre;width:13.06pt"> —<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:110.42pt;position:var(--position);text-decoration:none;white-space:pre;width:443.01pt">Cybersecurity risks and data security incidents could result in the loss of data, interruptions in our business,<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">damage to our reputation, and subject us to regulatory actions, increased costs and financial losses, each of which could<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:287.8pt">have a material adverse effect on our business and results of operations<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.3pt;position:var(--position);text-decoration:none;white-space:pre;width:155.45pt">” in this Annual Report on Form 10-K.<span style="display:inline-block;height:6.94pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone maintains a comprehensive cybersecurity program, including policies and procedures designed to protect its<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">systems, operations, and the data utilized and entrusted to it, including by us, from anticipated threats or hazards.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Blackstone utilizes a variety of protective measures as a part of its cybersecurity program. These measures include, where<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">appropriate, physical and digital access controls, patch management, identity verification and mobile device management<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:204.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">software, new hire and annual employee cybersecurity awareness and best practices training programs, security baselines<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:371.27pt">and tools to report anomalous activity, and monitoring of data usage, hardware and software.<span style="display:inline-block;height:6.93pt"></span></span></div> true true true false <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone has a dedicated cybersecurity team, led by Blackstone’s CSO, who works closely with Blackstone senior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:152.08pt">management, including Blackstone’s <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.58pt;position:var(--position);text-decoration:none;white-space:pre;width:104.9pt">Chief Technology Officer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.48pt;position:var(--position);text-decoration:none;white-space:pre;width:237.92pt">, or CTO, to develop and advance the firm’s cybersecurity<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.28pt">program and strategy, which applies to us.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone has a dedicated cybersecurity team, led by Blackstone’s CSO, who works closely with Blackstone senior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:152.08pt">management, including Blackstone’s <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.58pt;position:var(--position);text-decoration:none;white-space:pre;width:104.9pt">Chief Technology Officer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.48pt;position:var(--position);text-decoration:none;white-space:pre;width:237.92pt">, or CTO, to develop and advance the firm’s cybersecurity<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.28pt">program and strategy, which applies to us.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Blackstone’s CSO and CTO have extensive experience in cybersecurity and technology, respectively. Blackstone’s CSO is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">a Senior Managing Director in BXTI and is responsible for all aspects of cyber and physical security across Blackstone. He<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">has over 25 years of information security, technology and engineering experience, including having previously led the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:233.53pt">international security organization at a large credit bureau.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Blackstone’s CTO is a Senior Managing Director and the head of BXTI. Our CTO has over 24 years of information<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">security, technology and engineering experience, including having previously served as the Chief Technology and Chief<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:240pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Innovation Officer at a large financial institution. Our CTO is responsible for all aspects of technology across Blackstone,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">advises Blackstone’s investment teams and acts as a resource to Blackstone portfolio companies, and externally managed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.03pt">companies, such as us, on technology-related matters.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.53pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">BXTI conducts periodic cybersecurity risk assessments, including assessments or audits of third-party vendors, and assists<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:283.37pt">with the management and mitigation of identified cybersecurity risks. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.87pt;position:var(--position);text-decoration:none;white-space:pre;width:18.32pt">The <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:360.19pt;position:var(--position);text-decoration:none;white-space:pre;width:59.43pt">CSO and CTO<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.62pt;position:var(--position);text-decoration:none;white-space:pre;width:133.81pt"> are responsible for the review of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Blackstone’s cybersecurity framework annually as well as on an event-driven basis as necessary. The CSO and CTO also<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">review the scope of Blackstone’s cybersecurity measures periodically, including in the event of a change in business<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:332.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:376.45pt">practices that may implicate the security or integrity of Blackstone’s information and systems.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:356pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:356.8pt">Our board of directors is responsible for understanding the primary risks to our business.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.3pt;position:var(--position);text-decoration:none;white-space:pre;width:138.02pt"> The audit committee of our board<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">of directors is responsible for reviewing our and our Manager’s IT security controls with management and evaluating the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:403.72pt">adequacy of our and our Manager’s IT security program, compliance and controls with management.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.22pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.8pt">Blackstone’s CSO reports to both our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.3pt;position:var(--position);text-decoration:none;white-space:pre;width:332.09pt">executive officers as well as our board of directors and/or the audit committee<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">annually on cybersecurity matters, including risks facing us and our Manager and, as applicable, certain incidents. In<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">addition to such annual reports, our board of directors and/or audit committee receive periodic updates from Blackstone on<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">the primary cybersecurity risks facing us and our Manager and the measures we and our Manager are taking to mitigate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:469.79pt">such risks, as well as on changes to our and our Manager’s cybersecurity risk profile or certain newly identified risks.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone has a dedicated cybersecurity team, led by Blackstone’s CSO, who works closely with Blackstone senior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:152.08pt">management, including Blackstone’s <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.58pt;position:var(--position);text-decoration:none;white-space:pre;width:104.9pt">Chief Technology Officer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.48pt;position:var(--position);text-decoration:none;white-space:pre;width:237.92pt">, or CTO, to develop and advance the firm’s cybersecurity<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.28pt">program and strategy, which applies to us.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Blackstone’s CSO and CTO have extensive experience in cybersecurity and technology, respectively. Blackstone’s CSO is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">a Senior Managing Director in BXTI and is responsible for all aspects of cyber and physical security across Blackstone. He<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">has over 25 years of information security, technology and engineering experience, including having previously led the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:233.53pt">international security organization at a large credit bureau.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Blackstone’s CTO is a Senior Managing Director and the head of BXTI. Our CTO has over 24 years of information<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">security, technology and engineering experience, including having previously served as the Chief Technology and Chief<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:240pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Innovation Officer at a large financial institution. Our CTO is responsible for all aspects of technology across Blackstone,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">advises Blackstone’s investment teams and acts as a resource to Blackstone portfolio companies, and externally managed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.03pt">companies, such as us, on technology-related matters.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">Blackstone has a dedicated cybersecurity team, led by Blackstone’s CSO, who works closely with Blackstone senior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:152.08pt">management, including Blackstone’s <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.58pt;position:var(--position);text-decoration:none;white-space:pre;width:104.9pt">Chief Technology Officer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.48pt;position:var(--position);text-decoration:none;white-space:pre;width:237.92pt">, or CTO, to develop and advance the firm’s cybersecurity<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:169.28pt">program and strategy, which applies to us.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Blackstone’s CSO and CTO have extensive experience in cybersecurity and technology, respectively. Blackstone’s CSO is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">a Senior Managing Director in BXTI and is responsible for all aspects of cyber and physical security across Blackstone. He<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">has over 25 years of information security, technology and engineering experience, including having previously led the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:233.53pt">international security organization at a large credit bureau.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:217pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Blackstone’s CTO is a Senior Managing Director and the head of BXTI. Our CTO has over 24 years of information<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">security, technology and engineering experience, including having previously served as the Chief Technology and Chief<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:240pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Innovation Officer at a large financial institution. Our CTO is responsible for all aspects of technology across Blackstone,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">advises Blackstone’s investment teams and acts as a resource to Blackstone portfolio companies, and externally managed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.03pt">companies, such as us, on technology-related matters.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.87pt;position:var(--position);text-decoration:none;white-space:pre;width:18.32pt">The <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:360.19pt;position:var(--position);text-decoration:none;white-space:pre;width:59.43pt">CSO and CTO<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.62pt;position:var(--position);text-decoration:none;white-space:pre;width:133.81pt"> are responsible for the review of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Blackstone’s cybersecurity framework annually as well as on an event-driven basis as necessary. The CSO and CTO also<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">review the scope of Blackstone’s cybersecurity measures periodically, including in the event of a change in business<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:332.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:376.45pt">practices that may implicate the security or integrity of Blackstone’s information and systems.<span style="display:inline-block;height:6.93pt"></span></span></div> true <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.8pt">Blackstone’s CSO reports to both our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.3pt;position:var(--position);text-decoration:none;white-space:pre;width:332.09pt">executive officers as well as our board of directors and/or the audit committee<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">annually on cybersecurity matters, including risks facing us and our Manager and, as applicable, certain incidents. In<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">addition to such annual reports, our board of directors and/or audit committee receive periodic updates from Blackstone on<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">the primary cybersecurity risks facing us and our Manager and the measures we and our Manager are taking to mitigate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:469.79pt">such risks, as well as on changes to our and our Manager’s cybersecurity risk profile or certain newly identified risks.<span style="display:inline-block;height:6.93pt"></span></span> true false false false false true 34 Deloitte & Touche LLP New York, New York 452526000 323483000 18069134000 19047518000 284440000 733936000 17784694000 18313582000 1134975000 588185000 111010000 0 217488000 4452000 413263000 572253000 20002946000 19801955000 10117292000 9696334000 2139719000 1936956000 997746000 1224841000 0 100064000 1808000000 1732073000 784876000 771035000 264745000 263616000 386178000 282847000 16498556000 16007766000 0.01 0.01 400000000 400000000 168259023 168259023 172792094 172792094 1683000 1728000 5430542000 5511053000 12113000 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38387000 42955000 54264000 19535000 16660000 2865000 112486000 538801000 249790000 -2847000 -151000 0 0 5352000 4616000 68840000 9407000 0 8307000 -2748000 0 1509000 0 0 -2741000 2075000 -2769000 21489000 9987000 28202000 -30452000 -45170000 20666000 -10568000 -4567000 6243000 275873000 366453000 458841000 5617406000 1356208000 1344130000 6218729000 4790510000 2840467000 70713000 31693000 17992000 203010000 150027000 233544000 130761000 90221000 163682000 433280000 191780000 352120000 412790000 290470000 351730000 207119000 7200000 0 -12773000 -590000 0 359405000 3497089000 1444077000 4359966000 1433578000 1636899000 4437917000 4176428000 2742450000 1021964000 0 0 715930000 666004000 166027000 702051000 224014000 292019000 936275000 0 239037000 0 0 100692000 104028000 235960000 0 90732000 646750000 0 7443000 1020785000 21997000 0 450000000 0 0 27222000 28945000 0 31424000 220000000 53800000 30787000 23215000 0 1245000 0 1501000 16412000 8955000 322731000 404016000 426927000 109507000 29233000 0 -514419000 -3882684000 -1847943000 120859000 -19142000 54975000 323483000 350014000 291340000 8184000 -7389000 3699000 452526000 323483000 350014000 966619000 1261379000 1292598000 4008000 4483000 6668000 79081000 81214000 107390000 71089000 109457000 48287000 565110000 590937000 0 89223000 168249000 0 333000 1176000 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">ORGANIZATION<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:95pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">References herein to “Blackstone Mortgage Trust,” “Company,” “we,” “us” or “our” refer to Blackstone Mortgage Trust,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:396.75pt">Inc., a Maryland corporation, and its subsidiaries unless the context specifically requires otherwise.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:130pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Blackstone Mortgage Trust is a real estate finance company that originates, acquires, and manages senior loans and other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">Australia. Our portfolio is composed primarily of senior loans secured by high-quality, institutional assets located in major<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:164.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. We finance our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:176pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:187.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:199pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">financing, depending on our view of the most prudent financing option available for each of our investments. We are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">externally managed by BXMT Advisors L.L.C., or our Manager, a subsidiary of Blackstone Inc., or Blackstone, and are a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:476.71pt">real estate investment trust, or REIT, traded on the New York Stock Exchange, or NYSE, under the symbol “BXMT.”<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.21pt;position:var(--position);text-decoration:none;white-space:pre;width:18.28pt"> Our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:357.4pt">principal executive offices are located at 345 Park Avenue, New York, New York 10154.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">We conduct our operations as a REIT for U.S. federal income tax purposes. We generally will not be subject to U.S. federal<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">income taxes on our taxable income to the extent that we annually distribute all of our net taxable income to stockholders<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">and maintain our qualification as a REIT. We also operate our business in a manner that permits us to maintain an<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">exclusion from registration under the Investment Company Act of 1940, as amended. We are organized as a holding<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:313.08pt">company and conduct our business primarily through our various subsidiaries.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre;width:260.97pt">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:329.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:89.37pt">Basis of Presentation<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:207.67pt">The accompanying consolidated financial statem<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:287.22pt">ents have been prepared in accordance with accounting principles<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:309.64pt">generally accepted in the United States of America, or GAAP, and includ<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.14pt;position:var(--position);text-decoration:none;white-space:pre;width:185.24pt">e, on a consolidated basis, our accounts, the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">accounts of our wholly-owned subsidiaries, majority-owned subsidiaries, and variable interest entities, or VIEs, of which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.26pt">we are the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:443.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:115.47pt">Principles of Consolidation<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:173.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">We consolidate all entities that we control through either majority ownership or voting rights. In addition, we consolidate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">all VIEs of which we are considered the primary beneficiary. VIEs are defined as entities in which equity investors (i) do<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">not have an interest with the characteristics of a controlling financial interest and/or (ii) do not have sufficient equity at risk<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">for the entity to finance its activities without additional subordinated financial support from other parties. The entity that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:507pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">consolidates a VIE is known as its primary beneficiary and is generally the entity with (i) the power to direct the activities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">that most significantly affect the VIE’s economic performance and (ii) the right to receive benefits from the VIE or the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">obligation to absorb losses of the VIE that could be significant to the VIE. Entities that do not qualify as VIEs are generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">considered voting interest entities, or VOEs, and are evaluated for consolidation under the voting interest model. VOEs are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:360.71pt">consolidated when we control the entity through a majority voting interest or other means.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">For consolidated entities, the non-controlling partner’s share of the assets, liabilities, and operations of each joint venture is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:588pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">included in non-controlling interests as a component of total equity. The non-controlling partner’s interest is generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:248.59pt">computed as the joint venture partner’s ownership percentage.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:623pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">When the requirements for consolidation are not met and we have significant influence over the operations of the entity, the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:277.89pt">investment is accounted for under the equity method of accounting.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.39pt;position:var(--position);text-decoration:none;white-space:pre;width:216.97pt"> Investments in unconsolidated entities for which we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:646pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">have not elected the fair value option, or FVO, are initially recorded at cost and subsequently adjusted for our pro-rata<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">share of net income, contributions and distributions. When we elect the FVO, we record our share of the net asset value of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:669pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.44pt">the entity and any related unrealized gains and losses.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:692.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">We review our investments in unconsolidated entities for impairment each quarter or when there is an event or change in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:704pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">circumstances that indicates a decrease in value. If there is a decrease in value due to a series of operating losses or other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:715.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:492.2pt">factors, the investment is evaluated to determine if the loss in value is considered other than temporary. Although a curren<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">t<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:727pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">fair value below the carrying value of the investment is an indicator of impairment, we will only recognize an impairment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">if the loss in value is determined to be an other than temporary impairment. If an impairment is determined to be other than<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">temporary, we will record an impairment charge sufficient to reduce the investment’s carrying value to its fair value, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">would result in a new cost basis. This new cost basis will be used for future periods when recording subsequent income or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:331.82pt">loss and cannot be written up to a higher value as a result of increases in fair value.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">In 2017, we entered into a joint venture with Walker &amp; Dunlop Inc., or Walker &amp; Dunlop, to originate, hold, and finance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">multifamily bridge loans, which we refer to as our Multifamily Joint Venture. Pursuant to the terms of the agreements<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:243.83pt">governing the joint venture, Walker &amp; Dunlop contributed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.33000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">15%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.66pt;position:var(--position);text-decoration:none;white-space:pre;width:212pt"> of the venture’s equity capital and we contributed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">85%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:146.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">We consolidate our Multifamily Joint Venture as we have a controlling financial interest. The non-controlling interests<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">included on our consolidated balance sheets represent the equity interests in our Multifamily Joint Venture that are owned<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">by Walker &amp; Dunlop. A portion of our Multifamily Joint Venture’s consolidated equity and results of operations are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">allocated to these non-controlling interests based on Walker &amp; Dunlop’s pro rata ownership of our Multifamily Joint<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:192.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.68pt">Venture.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">In 2024, we entered into a joint venture with a Blackstone-advised investment vehicle to invest in triple net lease<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:153.6pt">properties, which we refer to as our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.1pt;position:var(--position);text-decoration:none;white-space:pre;width:100.8pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.9pt;position:var(--position);text-decoration:none;white-space:pre;width:175.81pt">. Our aggregate ownership interest in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.71pt;position:var(--position);text-decoration:none;white-space:pre;width:64.79pt">Net Lease Joint<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.18pt">Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.68pt;position:var(--position);text-decoration:none;white-space:pre;width:23.3pt"> was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.97999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">75%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.31pt;position:var(--position);text-decoration:none;white-space:pre;width:28.29pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.6pt;position:var(--position);text-decoration:none;white-space:pre;width:81.3pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:241.9pt;position:var(--position);text-decoration:none;white-space:pre;width:6.38pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.28pt;position:var(--position);text-decoration:none;white-space:pre;width:13.86pt">We<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.14pt;position:var(--position);text-decoration:none;white-space:pre;width:100.99pt"> do not consolidate our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.13pt;position:var(--position);text-decoration:none;white-space:pre;width:100.95pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.08pt;position:var(--position);text-decoration:none;white-space:pre;width:89.31pt"> as we do not have a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:250.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:210.11pt">controlling financial interest. Our investment in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.61pt;position:var(--position);text-decoration:none;white-space:pre;width:97.44pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.05pt;position:var(--position);text-decoration:none;white-space:pre;width:187.32pt"> is accounted for under the equity method, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.13pt">is recorded in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.63pt;position:var(--position);text-decoration:none;white-space:pre;width:150.67pt">investment in unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.3pt;position:var(--position);text-decoration:none;white-space:pre;width:285.16pt"> on our consolidated balance sheets, and our pro-rata share of income<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.59pt">(loss) is recorded in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.09pt;position:var(--position);text-decoration:none;white-space:pre;width:170.36pt">income (loss) from unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.45pt;position:var(--position);text-decoration:none;white-space:pre;width:183.42pt"> on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In the second quarter of 2025, we entered into a joint venture with a Blackstone-advised investment vehicle to acquire<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:320.46pt">portfolios of performing commercial mortgage loans, which we refer to as our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.96pt;position:var(--position);text-decoration:none;white-space:pre;width:140.6pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.56pt;position:var(--position);text-decoration:none;white-space:pre;width:33.78pt">. During<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:17.33pt">the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.83pt;position:var(--position);text-decoration:none;white-space:pre;width:46.18pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.13pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.14pt;position:var(--position);text-decoration:none;white-space:pre;width:83.8pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.94pt;position:var(--position);text-decoration:none;white-space:pre;width:26.09pt">, our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.03pt;position:var(--position);text-decoration:none;white-space:pre;width:149.28pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.31pt;position:var(--position);text-decoration:none;white-space:pre;width:44.65pt"> acquired <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.96pt;position:var(--position);text-decoration:none;white-space:pre;width:14.99pt">two<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.95pt;position:var(--position);text-decoration:none;white-space:pre;width:107.54pt"> portfolios of performing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:287.08pt">commercial mortgage loans. Our aggregate ownership interest in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.58pt;position:var(--position);text-decoration:none;white-space:pre;width:143.04pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.62pt;position:var(--position);text-decoration:none;white-space:pre;width:22.68pt"> was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.3pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">35%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.63pt;position:var(--position);text-decoration:none;white-space:pre;width:23.79pt"> as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.46pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:124.71pt">. We do not consolidate our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.66999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:146.6pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.27pt;position:var(--position);text-decoration:none;white-space:pre;width:141.09pt"> as we do not have a controlling<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:354.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.36pt">financial interest. Our investment in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.86pt;position:var(--position);text-decoration:none;white-space:pre;width:138.8pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.66pt;position:var(--position);text-decoration:none;white-space:pre;width:193.8pt"> is accounted for using the FVO, and is recorded<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:366pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.83pt">as an <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.33pt;position:var(--position);text-decoration:none;white-space:pre;width:151.54pt">investment in unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.87pt;position:var(--position);text-decoration:none;white-space:pre;width:318.51pt"> on our consolidated balance sheets, and our pro-rata share of any unrealized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:377.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:123.77pt">gains and losses is recorded in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:170.36pt">income (loss) from unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.63pt;position:var(--position);text-decoration:none;white-space:pre;width:183.42pt"> on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.5pt">Use of Estimates<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:303.74pt">period. Actual results may ultimately differ materially from those estimates.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:488.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:90.2pt">Revenue Recognition<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:148.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">Interest income from our loans receivable portfolio is recognized over the life of each loan using the effective interest<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">method and is recorded on the accrual basis. Recognition of fees, premiums, and discounts associated with these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:376.05pt">investments is deferred and recorded over the term of the loan as an adjustment to yield.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.55pt;position:var(--position);text-decoration:none;white-space:pre;width:4.08pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.63pt;position:var(--position);text-decoration:none;white-space:pre;width:114.84pt">Income accrual is generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:540.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.8pt">suspended for loans at the earlier of the date at which payments become 90 days past due or when, in our opinion, recovery<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:171.48pt">of income and principal becomes doubtful<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.48pt;position:var(--position);text-decoration:none;white-space:pre;width:321.01pt"> Interest received is then recorded as income or as a reduction in the amortized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">cost basis, based on the specific facts and circumstances, until accrual is resumed when the loan becomes contractually<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:30.79pt">current <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:193.94pt">and performance is demonstrated to be resumed.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:283.23pt;position:var(--position);text-decoration:none;white-space:pre;width:270.24pt"> In addition, for loans we originate, the related origination expenses<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:586.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">are deferred and recognized as a reduction to interest income; however, expenses related to loans we acquire are included<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:203.9pt">in general and administrative expenses as incurred.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">The sources of revenue from our owned real estate assets, which is included in revenue from owned real estate on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:390.32pt">consolidated statements of operations, and the related revenue recognition policies are as follows:<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">Rental income primarily consists of base rent income arising from tenant leases at our office and multifamily properties.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">We determine if an arrangement is a lease at contract inception, which is subject to the provisions of ASC 842. Base rent is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">recognized on a straight-line basis over the life of the lease, including any rent steps or abatement provisions. We begin to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:465.27pt">recognize revenue upon the acquisition of the related property or when a tenant takes possession of the leased space.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Other operating income primarily consists of income from our hospitality properties and tenant reimbursement income.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:720pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Revenue from our hospitality properties consists primarily of room revenue and food and beverage revenue. Room revenue<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">is recognized when the related room is occupied and other hospitality revenue is recognized when the service is rendered.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Tenant reimbursement income primarily consists of amounts due from tenants for costs related to common area<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:352.78pt">maintenance, real estate taxes, and other recoverable costs included in lease agreements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">We evaluate the collectibility of receivables related to rental revenue on an individual lease basis and exercise judgment in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">assessing collectability considering the length of time a receivable has been outstanding, tenant credit-worthiness, payment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">history, available information about the financial condition of the tenant, and current economic trends, among other factors.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:386.04pt">Tenant receivables that are deemed uncollectible are recognized as a reduction to rental revenue.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:164.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.49pt">Cash and Cash Equivalents<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">Cash and cash equivalents represent cash held in banks and liquid investments with original maturities of three months or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.98pt">less<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.98pt;position:var(--position);text-decoration:none;white-space:pre;width:477.4pt"> We may have bank balances in excess of federally insured amounts; however, we deposit our cash and cash<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:205pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">equivalents with high credit-quality institutions to minimize credit risk exposure. We have not experienced, and do not<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.41pt">expect, any losses on our cash or cash equivalents. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:48.01pt">As of both <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.92pt;position:var(--position);text-decoration:none;white-space:pre;width:80.74pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.66pt;position:var(--position);text-decoration:none;white-space:pre;width:21.63pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.29pt;position:var(--position);text-decoration:none;white-space:pre;width:80.74pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.03pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.13pt;position:var(--position);text-decoration:none;white-space:pre;width:29.68pt">we had<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.81pt;position:var(--position);text-decoration:none;white-space:pre;width:3.6pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:37.15pt">restricted<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.65pt;position:var(--position);text-decoration:none;white-space:pre;width:137.06pt"> cash on our consolidated balance <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.71pt;position:var(--position);text-decoration:none;white-space:pre;width:24.41pt">sheets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.12pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.65pt">Loans Receivable<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">We originate and purchase commercial real estate debt and related instruments generally to be held as long-term<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.94pt">investments at amortized cost.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:316pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:173.69pt">Current Expected Credit Losses Reserve<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">The current expected credit loss, or CECL, reserve required under the Financial Accounting Standards Board, or FASB,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Accounting Standards Codification, or ASC, Topic 326 “Financial Instruments – Credit Losses,” or ASC 326, reflects our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:356.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">current estimate of potential credit losses related to our loans and notes receivable included in our consolidated balance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">sheets. Changes to the CECL reserves are recognized through net income on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">While ASC 326 does not require any particular method for determining the CECL reserves, it does specify the reserves<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">should be based on relevant information about past events, including historical loss experience, current portfolio and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">market conditions, and reasonable and supportable forecasts for the duration of each respective loan. In addition, other than<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">a few narrow exceptions, ASC 326 requires that all financial instruments subject to the CECL model have some amount of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">loss reserve to reflect the principle underlying the CECL model that all loans and similar assets have some inherent risk of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:320.16pt">loss, regardless of credit quality, subordinate capital, or other mitigating factors.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.66pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">We estimate our CECL reserves primarily using the Weighted-Average Remaining Maturity, or WARM method, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">has been identified as an acceptable loss-rate method for estimating CECL reserves in FASB Staff Q&amp;A Topic 326, No. 1.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">The WARM method requires us to reference historic loan loss data across a comparable data set and apply such loss rate to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">each of our loans over their expected remaining term, taking into consideration expected economic conditions over the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">relevant time frame. We apply the WARM method for the majority of our loan portfolio, which consists of loans that share<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">similar risk characteristics. In certain instances, for loans with unique risk characteristics, we may instead use a probability-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:469.45pt">weighted model that considers the likelihood of default and expected loss given default for each such individual loan.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">Application of the WARM method to estimate CECL reserves requires judgment, including (i) the appropriate historical<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">loan loss reference data, (ii) the expected timing and amount of future loan fundings and repayments, and (iii) the current<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">credit quality of our portfolio and our expectations of performance and market conditions over the relevant time period. To<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">estimate the historic loan losses relevant to our portfolio, we have augmented our historical loan performance, with market<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">loan loss data licensed from Trepp LLC. This database includes commercial mortgage-backed securities, or CMBS, issued<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136pt">since January 1, 1999 through <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85pt">November 30, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.5pt;position:var(--position);text-decoration:none;white-space:pre;width:273.9pt">. Within this database, we focused our historical loss reference<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">calculations on the most relevant subset of available CMBS data, which we determined based on loan metrics that are most<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">comparable to our loan portfolio including asset type, geography, and origination loan-to-value, or LTV. We believe this<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">CMBS data, which includes month-over-month loan and property performance, is the most relevant, available, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.88pt">comparable dataset to our portfolio.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Our loans typically include commitments to fund incremental proceeds to our borrowers over the life of the loan. These<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">future funding commitments are also subject to the CECL model. The CECL reserve related to future loan fundings is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">recorded as a component of other liabilities on our consolidated balance sheets. This CECL reserve is estimated using the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:714.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">same process outlined above for our outstanding loan balances, and changes in this component of the CECL reserve will<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">similarly impact our consolidated net income. For both the funded and unfunded portions of our loans, we consider our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:389.25pt">internal risk rating of each loan as the primary credit quality indicator underlying our assessment.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">The CECL reserves are measured on a collective basis wherever similar risk characteristics exist within a pool of similar<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:468.37pt">assets. We have identified the following pools and measure the reserve for credit losses using the following methods:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:118pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.25pt">U.S. Loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.75pt;position:var(--position);text-decoration:none;white-space:pre;width:409.68pt">: WARM method that incorporates a subset of historical loss data, expected weighted-average<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:240.58pt">remaining maturity of our loan pool, and an economic view.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.02pt">Non-U.S. Loans:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:386.87pt"> WARM method that incorporates a subset of historical loss data, expected weighted-average<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:240.58pt">remaining maturity of our loan pool, and an economic view.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:176pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.04pt">Unique Loans:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.54pt;position:var(--position);text-decoration:none;white-space:pre;width:342.98pt"> a probability of default and loss given default model, assessed on an individual basis.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:500.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:73.58pt">Impaired Loans:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:4.17pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.25pt;position:var(--position);text-decoration:none;white-space:pre;width:381.21pt">impairment is indicated when it is deemed probable that we will not be able to collect all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:205pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.83pt">amounts due to us pursuant to the contractual terms of the loan. Determining that a loan is impaired requires<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.96pt">significant judgment from management and is based on several factors including (i) the underlying collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">performance, (ii) discussions with the borrower, (iii) borrower events of default, and (iv) other facts that impact<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.94pt">the borrower’s ability to pay the contractual amounts due under the terms of the loan. If a loan is determined to be<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">impaired, we record the impairment as a component of our CECL reserves by applying the practical expedient for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.88pt">collateral dependent loans. The CECL reserves are assessed on an individual basis for these loans by comparing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.83pt">the estimated fair value of the underlying collateral, less costs to sell, to the book value of the respective loan.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.92pt">These valuations require significant judgments, which include assumptions regarding capitalization rates, discount<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.92pt">rates, leasing, creditworthiness of major tenants, occupancy rates, availability and cost of financing, exit plan, loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.94pt">sponsorship, actions of other lenders, and other factors deemed relevant by us. Actual losses, if any, could<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.97pt">ultimately differ materially from these estimates. We only expect to charge off the impairment losses in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.87pt">consolidated financial statements prepared in accordance with GAAP if and when such amounts are deemed non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.88pt">recoverable. This is generally at the time a loan is repaid or foreclosed, or the underlying collateral assets are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:354.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">otherwise consolidated. However, non-recoverability may also be concluded if, in our determination, it is nearly<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:366pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.65pt">certain that all amounts due will not be collected.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:211.82pt">Contractual Term and Unfunded Loan Commitments<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:270.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">Expected credit losses are estimated over the contractual term of each loan, adjusted for expected repayments. As part of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">our quarterly review of our loan portfolio, we assess the expected repayment date of each loan, which is used to determine<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:269.71pt">the contractual term for purposes of computing our CECL reserves.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Additionally, the expected credit losses over the contractual period of our loans are subject to the obligation to extend<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">credit through our unfunded loan commitments. The CECL reserve for unfunded loan commitments is adjusted quarterly,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">as we consider the expected timing of future funding obligations over the estimated life of the loan. The considerations in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">estimating our CECL reserve for unfunded loan commitments are similar to those used for the related outstanding loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:505.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.52pt">receivable.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.67pt">Credit Quality Indicator<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:156.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">Our risk rating is our primary credit quality indicator in assessing our current expected credit loss reserve. We perform a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">quarterly risk review of our portfolio of loans, and assign each loan a risk rating based on a variety of factors, including,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">without limitation, origination LTV, debt yield, property type, geographic and local market dynamics, physical condition,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">cash flow volatility, leasing and tenant profile, loan structure and exit plan, and project sponsorship. Based on a 5-point<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">scale, our loans are rated “l” through “5,” from less risk to greater risk, relative to our loan portfolio in the aggregate, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.41pt">ratings are defined as follows:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">1 -<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.4pt">Very Low Risk<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:158.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">2 -<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.82pt">Low Risk<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:135.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">3 -<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.02pt">Medium Risk<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:152.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">4 -<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:124.63pt">High Risk/Potential for Loss:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.13pt;position:var(--position);text-decoration:none;white-space:pre;width:200.87pt"> A loan that has a risk of realizing a principal loss.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">5 -<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:95.94pt">Impaired/Loss Likely:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.44pt;position:var(--position);text-decoration:none;white-space:pre;width:362.93pt"> A loan that has a very high risk of realizing a principal loss or has otherwise incurred a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.05pt">principal loss.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.37pt">Estimation of Economic Conditions<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:200.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">In addition to the WARM method computations and probability-weighted models described above, our CECL reserves are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">also adjusted to reflect our estimation of the current and future economic conditions that impact the performance of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">commercial real estate assets securing our loans. These estimations include unemployment rates, interest rates, expectations<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">of inflation and/or recession, and other macroeconomic factors impacting the likelihood and magnitude of potential credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">losses for our loans during their anticipated term. In addition to the CMBS data we have licensed from Trepp LLC, we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">have also licensed certain macroeconomic financial forecasts to inform our view of the potential future impact that broader<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:140.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">economic conditions may have on our loan portfolio’s performance. We generally also incorporate information from other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:152pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">sources, including information and opinions available to our Manager, to further inform these estimations. This process<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:163.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">requires significant judgments about future events that, while based on the information available to us as of the balance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:175pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">sheet date, are ultimately indeterminate and the actual economic condition impacting our portfolio could vary significantly<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:186.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136.21pt">from the estimates we made as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.71pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.25pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.6pt">Owned Real Estate<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">We may assume legal title, physical possession, or control of the collateral underlying a loan through a foreclosure, a deed-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:245pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">in-lieu of foreclosure transaction, or a loan modification in which we receive an equity interest in and/or control over<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.16pt">decision-making at the property, resulting in us consolidating the real estate assets as VIEs.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.66pt;position:var(--position);text-decoration:none;white-space:pre;width:14.24pt"> Th<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.9pt;position:var(--position);text-decoration:none;white-space:pre;width:107.57pt">ese real estate acquisitions<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">are classified as owned real estate, on our consolidated balance sheet and are initially recognized at fair value on the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:384.06pt">acquisition date in accordance with the ASC Topic 805, “Business Combinations,” or ASC 805.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Upon acquisition of owned real estate assets, we assess the fair value of acquired tangible and intangible assets, which may<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">include land, buildings, tenant improvements, “above-market” and “below-market” leases, acquired in-place leases, other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">identified intangible assets and assumed liabilities, as applicable, and allocate the fair value to the acquired assets and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.71pt">assumed liabilities. <span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.20999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:415.27pt"><span style="background-color:inherit">We assess and consider fair value based on estimated cash flow projections that utilize discount and/or</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:349pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt"><span style="background-color:inherit">capitalization rates that we deem appropriate, as well as other available market information. Estimates of future cash flows</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:360.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt"><span style="background-color:inherit">are based on a number of factors, including the historical operating results, known and anticipated trends, and market and</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:372pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:87.96pt"><span style="background-color:inherit">economic conditions. </span><span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.45999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:292.32pt">We capitalize acquisition-related costs associated with asset acquisitions.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Real estate assets held for investment, except for land, are depreciated using the straight-line method over the assets’<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.4pt">estimated useful lives of up to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.9pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">40<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.9pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.44pt;position:var(--position);text-decoration:none;white-space:pre;width:67.74pt"> for buildings, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.18pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">15<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.18pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.72pt;position:var(--position);text-decoration:none;white-space:pre;width:130.25pt"> for land improvements, and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.97pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">10<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.97pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.51pt;position:var(--position);text-decoration:none;white-space:pre;width:46.98pt"> for tenant<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:418.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">improvements. Renovations and/or replacements that improve or extend the life of the asset are capitalized and depreciated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">over their estimated useful lives. Lease intangibles are amortized over the remaining term of applicable leases on a straight-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:326.81pt">line basis. The cost of ordinary repairs and maintenance are expensed as incurred.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Real estate assets held for investment are assessed for impairment on a quarterly basis. If the depreciated cost basis of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.61pt">asset exceeds the undiscounted cash <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.11pt;position:var(--position);text-decoration:none;white-space:pre;width:164.09pt">flows over the remaining holding period<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.2pt;position:var(--position);text-decoration:none;white-space:pre;width:114.13pt">, the asset is considered for <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.33pt;position:var(--position);text-decoration:none;white-space:pre;width:46.04pt">impairment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.87pt;position:var(--position);text-decoration:none;white-space:pre;width:3.07pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.94pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:488pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.84pt">impairment loss is recognized when the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.34pt;position:var(--position);text-decoration:none;white-space:pre;width:187.39pt">carrying value of the real estate assets exceed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.73pt;position:var(--position);text-decoration:none;white-space:pre;width:69.57pt"> their fair value. <span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.3pt;position:var(--position);text-decoration:none;white-space:pre;width:72.1pt"><span style="background-color:inherit">The evaluation of</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt"><span style="background-color:inherit">anticipated future cash flows is highly subjective and is based in part on assumptions regarding future occupancy, rental</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:428.7pt"><span style="background-color:inherit">rates, capital requirements and anticipated holding periods that could differ materially from actual results.</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.98pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.18pt;position:var(--position);text-decoration:none;white-space:pre;width:63.31pt">Refer to Note 4<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:522.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.52pt">for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Real estate assets are classified as held for sale in the period when they meet the criteria under ASC Topic 360 “Property,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Plant, and Equipment.” Once a real estate asset is classified as held for sale, depreciation is suspended and the asset is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:288.18pt">reported at the lower of its carrying value or fair value less cost to sell<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.68pt;position:var(--position);text-decoration:none;white-space:pre;width:206.65pt">. If circumstances arise and we decide not to sell a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">real estate asset previously classified as held for sale, the real estate asset is reclassified as held for investment. Upon<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">reclassification, the real estate asset is measured at the lower of (i) its carrying amount prior to classification as held for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">sale, adjusted for depreciation expense that would have been recognized had the real estate been classified as held for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:292.05pt">investment, and (ii) its estimated fair value at the time of reclassification.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:638.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.48pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.98pt;position:var(--position);text-decoration:none;white-space:pre;width:78.58pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.56pt;position:var(--position);text-decoration:none;white-space:pre;width:19.47pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.03pt;position:var(--position);text-decoration:none;white-space:pre;width:78.58pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.61pt;position:var(--position);text-decoration:none;white-space:pre;width:36.14pt">, we had <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:295.75pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">12<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.75pt;position:var(--position);text-decoration:none;white-space:pre;width:19.47pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.22pt;position:var(--position);text-decoration:none;white-space:pre;width:22.75pt">seven<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.97pt;position:var(--position);text-decoration:none;white-space:pre;width:156pt"> owned real estate assets, respectively, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.97pt;position:var(--position);text-decoration:none;white-space:pre;width:49.39pt">that were all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:131.22pt">classified as held for investment.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:679.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:176.8pt">Agency Multifamily Lending Partnership<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">In the second quarter of 2024, we entered into an agreement with M&amp;T Realty Capital Corporation, or MTRCC, a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">subsidiary of M&amp;T Bank, that allows our borrowers to access multifamily agency financing through MTRCC’s Fannie<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:720pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:250.63pt">Mae DUS and Freddie Mac Optigo lending platforms, or our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.13pt;position:var(--position);text-decoration:none;white-space:pre;width:167.16pt">Agency Multifamily Lending Partnership<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.29pt;position:var(--position);text-decoration:none;white-space:pre;width:77.14pt">. We will receive a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">portion of origination, servicing, and other fees for loans that we refer to MTRCC for origination under both the Fannie<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Mae and Freddie Mac programs. Additionally, we will share in losses with MTRCC and Fannie Mae on loans that we refer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:234.5pt">to MTRCC for origination under the Fannie Mae program.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.59pt">Revenue Recognition<span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">For loans that we refer to MTRCC for origination under both the Fannie Mae and Freddie Mac programs, we recognize our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">allocable portion of origination, servicing, and other fees in other income when we have satisfied our performance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">obligations in accordance with the “Revenue from Contracts with Customers” Topic of the FASB, or ASC 606. Our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">performance obligations are generally satisfied when the loan is referred by us to MTRCC and subsequently originated and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">sold under the Fannie Mae and Freddie Mac programs. A portion of the fees recognized, such as servicing fees, are variable<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:243.55pt">and will be reevaluated for collectibility on a recurring basis.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:211pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.02pt">Loss-sharing Obligation<span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Pursuant to our agreement with MTRCC, we are subject to a loss-sharing obligation with respect to MTRCC’s obligation<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:240pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">to partially guarantee the performance of loans that they originate and sell under the Fannie Mae program. This loss-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">sharing agreement requires us to fund a fixed amount of cash into a segregated account based on the amount MTRCC is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:376.55pt">required to fund under the Fannie Mae program, with respect to loans we referred to MTRCC.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">In addition, we will recognize a liability for these loss-sharing obligations. This liability will be initially recognized at fair<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">value with a corresponding expense at inception, and it will subsequently be amortized on a straight-line basis over the life<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:468.2pt">of the loss-sharing obligation. This liability is included within other liabilities in our consolidated balance sheets.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.7pt;position:var(--position);text-decoration:none;white-space:pre;width:3.62pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:23.06pt">As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.12pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.62pt;position:var(--position);text-decoration:none;white-space:pre;width:414.79pt">, our maximum loss-sharing obligation associated with the loans referred by us to MTRCC under the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:332.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.74pt">Fannie Mae program was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.24pt;position:var(--position);text-decoration:none;white-space:pre;width:50.2pt">$5.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.44pt;position:var(--position);text-decoration:none;white-space:pre;width:101.64pt">, and we have recorded <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.08pt;position:var(--position);text-decoration:none;white-space:pre;width:84.18pt">related liabilities of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.26pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$32,000<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.76pt;position:var(--position);text-decoration:none;white-space:pre;width:6.35pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.11pt;position:var(--position);text-decoration:none;white-space:pre;width:72.56pt">There have been <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.6700000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:27.72pt"> losses<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:344pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:201.46pt">incurred as a result of the loss-sharing obligations.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.96000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:373.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.54pt">Derivative Financial Instruments<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:200.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">We classify all derivative financial instruments as either other assets or other liabilities on our consolidated balance sheets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.19pt">at fair value.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.69pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:426pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">On the date we enter into a derivative contract, we designate each contract as (i) a hedge of a net investment in a foreign<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">operation, or net investment hedge, (ii) a hedge of a forecasted transaction or of the variability of cash flows to be received<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">or paid related to a recognized asset or liability, or cash flow hedge, (iii) a hedge of a recognized asset or liability, or fair<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">value hedge, or (iv) a derivative instrument not to be designated as a hedging derivative, or non-designated hedge. For all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">derivatives other than those designated as non-designated hedges, we formally document our hedge relationships and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">designation at the contract’s inception. This documentation includes the identification of the hedging instruments and the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">hedged items, its risk management objectives, strategy for undertaking the hedge transaction and our evaluation of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:155.07pt">effectiveness of its hedged transaction.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.57pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">On a quarterly basis, we also formally assess whether the derivative we designated in each hedging relationship is expected<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">to be, and has been, highly effective in offsetting changes in the value or cash flows of the hedged items. If it is determined<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">that a derivative is not highly effective at hedging the designated exposure, hedge accounting is discontinued and the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">changes in fair value of the instrument are included in net income prospectively. Our net investment hedges are assessed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">using a method based on changes in spot exchange rates. Gains and losses, representing hedge components excluded from<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">the assessment of effectiveness, are recognized in interest income on our consolidated statements of operations over the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">contractual term of our net investment hedges on a systematic and rational basis, as documented at hedge inception in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">accordance with our accounting policy election. All other changes in the fair value of our derivative instruments that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">qualify as hedges are reported as a component of accumulated other comprehensive income (loss) on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">financial statements. Deferred gains and losses are reclassified out of accumulated other comprehensive income (loss) and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">into net income in the same period or periods during which the hedged transaction affects earnings, and are presented in the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">same line item as the earnings effect of the hedged item. For cash flow hedges, this is typically when the periodic swap<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:668pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">settlements are made, while for net investment hedges, this occurs when the hedged item is sold or substantially liquidated.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:679.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">To the extent a derivative does not qualify for hedge accounting and is deemed a non-designated hedge, the changes in its<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:201.94pt">fair value are included in net income concurrently.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:714.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Proceeds or payments from periodic settlements of derivative instruments are classified on our consolidated statement of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:726pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:246.66pt">cash flows in the same section as the underlying hedged item.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:160.97pt">Secured Debt and Asset-Specific Debt<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">We record investments financed with secured debt or asset-specific debt as separate assets and the related borrowings<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">under any secured debt or asset-specific debt are recorded as separate liabilities on our consolidated balance sheets. Interest<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">income earned on the investments and interest expense incurred on the secured debt or asset-specific debt are reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:223.9pt">separately on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:106.05pt">Loan Participations Sold<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In certain instances, we have executed a syndication of a non-recourse loan interest to a third party. Depending on the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:164.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">particular structure of the syndication, the loan interest may remain on our GAAP balance sheet or, in other cases, the sale<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:176pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">will be recognized and the loan interest will no longer be included in our consolidated financial statements. When these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:187.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">sales are not recognized under GAAP we reflect the transaction by recording a loan participation sold liability on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:199pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">consolidated balance sheet; however, this gross presentation does not impact stockholders’ equity or net income. When the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">sales are recognized, our balance sheet only includes our remaining loan interest, and excludes the interest in the loan that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.31pt">we sold.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:52.46pt">Term Loans<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:110.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:269pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">We record our term loans as liabilities on our consolidated balance sheets. Where applicable, any issue discount or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">transaction expenses are deferred and amortized through the maturity date of the term loans as additional non-cash interest<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:292pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.68pt">expense.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.02pt">Senior Secured Notes<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">We record our senior secured notes as liabilities on our consolidated balance sheets. Where applicable, any issue discount<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">or transaction expenses are deferred and amortized through the maturity date of the senior secured notes as additional non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.82pt">cash interest expense.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.87pt">Convertible Notes<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:135.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:409pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Convertible note proceeds, unless issued with a substantial premium or an embedded conversion feature, are classified as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:420.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">debt. Additionally, shares issuable under our convertible notes are included in diluted earnings per share in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:432pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">consolidated financial statements, if the effect is dilutive, using the if-converted method, regardless of settlement intent.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:443.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Where applicable, any issue discount or transaction expenses are deferred and amortized through the maturity date of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:455pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:229.43pt">convertible notes as additional non-cash interest expense.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.34pt">Deferred Financing Costs<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:167.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:502pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">The deferred financing costs that are included as a reduction in the net book value of the related liability on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">consolidated balance sheets include issuance and other costs related to our debt obligations. These costs are amortized as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:525pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:360.06pt">interest expense using the effective interest method over the life of the related obligations.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.56pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:554.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:201pt">Underwriting Commissions and Offering Costs<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:259.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Underwriting commissions and offering costs incurred in connection with common stock offerings are reflected as a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:583.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">reduction of additional paid-in capital. Costs incurred that are not directly associated with the completion of a common<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:595pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:172.59pt">stock offering are expensed when incurred.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.09pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:624.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.99pt">Fair Value Measurements<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:642pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.91pt">The “Fair Value Measurements and Disclosures” Topic o<span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:249.94pt"><span style="background-color:inherit">f the FASB, or ASC 820, defines fair value, establishes a</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt"><span style="background-color:inherit">framework for measuring fair value, and requires certain disclosures about fair value measurements under GAAP.</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt"><span style="background-color:inherit">Specifically, this guidance defines fair value based on exit price, or the price that would be received upon the sale of an</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:676.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:446.02pt"><span style="background-color:inherit">asset or the transfer of a liability in an orderly transaction between market participants at the measurement date.</span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:700pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">ASC 820 also establishes a fair value hierarchy that prioritizes and ranks the level of market price observability used in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:711.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">measuring financial instruments. Market price observability is affected by a number of factors, including the type of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:723pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">financial instrument, the characteristics specific to the financial instrument, and the state of the marketplace, including the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">existence and transparency of transactions between market participants. Financial instruments with readily available quoted<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">prices in active markets generally will have a higher degree of market price observability and a lesser degree of judgment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:115.7pt">used in measuring fair value.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">Financial instruments measured and reported at fair value are classified and disclosed based on the observability of inputs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.83pt">used in the determination, as follows:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.97pt">Level 1: Generally includes only unadjusted quoted prices that are available in active markets for identical<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:181.16pt">financial instruments as of the reporting date.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">Level 2: Pricing inputs include quoted prices in active markets for similar instruments, quoted prices in less active<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">or inactive markets for identical or similar instruments where multiple price quotes can be obtained, and other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333.76pt">observable inputs, such as interest rates, yield curves, credit risks, and default rates.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.26pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:199pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">Level 3: Pricing inputs are unobservable for the financial instruments and include situations where there is little, if<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">any, market activity for the financial instrument. These inputs require significant judgment or estimation by<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.93pt">management of third parties when determining fair value and generally represent anything that does not meet the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.64pt">criteria of Levels 1 and 2.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">Certain of our other assets are reported at fair value, as of quarter-end, either (i) on a recurring basis or (ii) on a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.82pt">nonrecurring basis, as a result of impairment or other events. Our assets that are recorded at fair value are discussed further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.34pt">in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.84pt;position:var(--position);text-decoration:none;white-space:pre;width:32.99pt">Note 19<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.83pt;position:var(--position);text-decoration:none;white-space:pre;width:450.67pt">. We generally value our assets recorded at fair value by either (i) discounting expected cash flows based on<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">assumptions regarding the collection of principal and interest and estimated market rates, or (ii) obtaining assessments from<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">third parties. For collateral-dependent loans that are identified as impaired, we measure impairment by comparing our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">estimation of the fair value of the underlying collateral, less costs to sell, to the book value of the respective loan. These<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">valuations require significant judgments, which include assumptions regarding capitalization rates, discount rates, leasing,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">creditworthiness of major tenants, occupancy rates, availability and cost of financing, exit plan, loan sponsorship, actions<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:349pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:137.35pt">of other lenders, and other factors.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:372.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:351.26pt">We have elected the FVO for one of our investments in an unconsolidated entity, our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.76pt;position:var(--position);text-decoration:none;white-space:pre;width:141.12pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:384pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">and therefore report this investment at fair value. Given the fair value of this investment is not readily determinable, the net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.73pt">asset value of the entity is used as a practical expedient.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:419pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.46pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:81.56pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:96.88pt">, we had an aggregate <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.4pt;position:var(--position);text-decoration:none;white-space:pre;width:55.36pt">$87.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.76pt;position:var(--position);text-decoration:none;white-space:pre;width:167.14pt"> asset-specific CECL reserve related to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.9pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">six<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.56pt;position:var(--position);text-decoration:none;white-space:pre;width:54.78pt"> of our loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.2pt">receivable with an aggregate amortized cost basis of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.7pt;position:var(--position);text-decoration:none;white-space:pre;width:59.08pt">$174.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.28pt;position:var(--position);text-decoration:none;white-space:pre;width:220.18pt"> net of cost-recovery proceeds. The CECL reserve was<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:442pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:412.54pt">recorded based on our estimation of the fair value of the loans' aggregate underlying collateral as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.04pt;position:var(--position);text-decoration:none;white-space:pre;width:79.96pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:551pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">These loans receivable are therefore measured at fair value on a nonrecurring basis using significant unobservable inputs,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">and are classified as Level 3 assets in the fair value hierarchy. We estimated the fair value of the collateral underlying the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">loans receivable by considering a variety of inputs including property performance, market data, and comparable sales, as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:488pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">applicable. The significant unobservable inputs employed include the exit capitalization rate assumption used to forecast<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:317.52pt">the future sale price of the underlying real estate collateral, which ranged from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.02pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">6.50%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.85pt;position:var(--position);text-decoration:none;white-space:pre;width:12.97pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.82pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">8.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.65pt;position:var(--position);text-decoration:none;white-space:pre;width:112.78pt">, and the unlevered discount<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:146.52pt">rate assumption, which ranged from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.02pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">9.25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.85pt;position:var(--position);text-decoration:none;white-space:pre;width:12.77pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.62pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">15.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.7pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.2pt;position:var(--position);text-decoration:none;white-space:pre;width:44.14pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.34pt;position:var(--position);text-decoration:none;white-space:pre;width:3.09pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.43pt;position:var(--position);text-decoration:none;white-space:pre;width:79.72pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.15pt;position:var(--position);text-decoration:none;white-space:pre;width:205.83pt">, we acquired legal title or otherwise consolidated <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.98pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">five<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.51pt;position:var(--position);text-decoration:none;white-space:pre;width:99.99pt"> owned real estate assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.89pt">through <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.39pt;position:var(--position);text-decoration:none;white-space:pre;width:458.47pt">deed-in-lieu of foreclosure transactions or loan modifications that resulted in us consolidating the collateral assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">At the time of each acquisition, we determined the fair value of each real estate asset based on a variety of inputs including,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">but not limited to, estimated cash flow projections, leasing assumptions, required capital expenditures, market data, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">comparable sales. The owned real estate assets were measured at fair value on a nonrecurring basis using significant<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">unobservable inputs and are classified as Level 3 assets in the fair value hierarchy. The significant unobservable inputs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">employed include (i) the exit capitalization rate assumption used to forecast the future sale price of the assets, which ranged<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:23.13pt">from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.63pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">6.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.46000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:15.17pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.63pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">8.55%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.45999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:293.19pt">, and (ii) the unlevered discount rate assumptions, which ranged from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.65pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">7.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.48pt;position:var(--position);text-decoration:none;white-space:pre;width:15.17pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.65pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">10.55%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.48pt;position:var(--position);text-decoration:none;white-space:pre;width:39.85pt">. Refer to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:626.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.81pt">Notes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.31pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">4<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.31pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">19<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">We are also required by GAAP to disclose fair value information about financial instruments, which are not otherwise<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">reported at fair value in our consolidated balance sheet, to the extent it is practicable to estimate a fair value for those<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459.68pt">instruments. These disclosure requirements exclude certain financial instruments and all non-financial instruments.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:696.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">The following methods and assumptions are used to estimate the fair value of each class of financial instruments, for which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.39pt">it is practicable to estimate that value:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:725.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:409.77pt">Cash and cash equivalents: The carrying amount of cash and cash equivalents approximates fair value.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.92pt">Loans receivable, net: The fair values of these loans were estimated using a discounted cash flow methodology,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">taking into consideration various factors including capitalization rates, discount rates, leasing, credit worthiness of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.89pt">major tenants, occupancy rates, availability and cost of financing, exit plan, loan sponsorship, actions of other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.49pt">lenders, and other factors.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">Derivative financial instruments: The fair value of our foreign currency and interest rate contracts was estimated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">using advice from a third-party derivative specialist, based on contractual cash flows and observable inputs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:212.25pt">comprising foreign currency rates and credit spreads.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:146.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.17pt">Secured debt, net: <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:381.75pt">The fair value of these instruments was estimated based on the rate at which a similar credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136.21pt">facility would currently be priced.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.71pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:175.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.94pt">Securitized debt obligations, net: The fair value of these instruments was estimated by utilizing third-party pricing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:187pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.88pt">service providers. In determining the value of a particular investment, pricing service providers may use broker-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:198.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.96pt">dealer quotations, reported trades, or valuation estimates from their internal pricing models to determine the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.25pt">reported price.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.95pt">Asset-specific debt, net: The fair value of these instruments was estimated based on the rate at which a similar<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.53pt">agreement would currently be priced.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.84pt">Loan participations sold, net: The fair value of these instruments was estimated based on the value of the related<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85.13pt">loan receivable asset.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.97pt">Term loans, net: The fair value of these instruments was estimated by utilizing third-party pricing service<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.91pt">providers. In determining the value of a particular investment, pricing service providers may use broker-dealer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">quotations, reported trades, or valuation estimates from their internal pricing models to determine the reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.46pt">price.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">Senior secured notes, net: The fair value of these instruments was estimated by utilizing third-party pricing service<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:349pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.91pt">providers. In determining the value of a particular investment, pricing service providers may use broker-dealer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:360.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">quotations, reported trades, or valuation estimates from their internal pricing models to determine the reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:372pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.46pt">price.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:389.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.85pt">Convertible notes, net: Each series of the convertible notes is actively traded and their fair values were obtained<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.44pt">using quoted market prices.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.12pt">Income Taxes<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:117.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:448pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Our financial results generally do not reflect provisions for current or deferred income taxes on our REIT taxable income.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">We believe that we operate in a manner that will continue to allow us to be taxed as a REIT and, as a result, we generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">do not expect to pay substantial corporate level taxes other than those payable by our taxable REIT subsidiaries. If we were<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">to fail to meet these requirements, we may be subject to federal, state, and local income tax on current and past income, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.44pt">penalties. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.94pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 17<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.86pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.9pt">Stock-Based Compensation<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:175.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">Our stock-based compensation consists of awards issued to our Manager, certain individuals employed by an affiliate of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">our Manager, and certain members of our board of directors that vest over the life of the awards, as well as deferred stock<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">units issued to certain members of our board of directors. Stock-based compensation expense is recognized for these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">awards in net income on a variable basis over the applicable vesting period of the awards, based on the value of our class A<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.51pt">common stock. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.01pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 18<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.93pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:616.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.27pt">Earnings per Share<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:141.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Basic earnings per share, or Basic EPS, is computed in accordance with the two-class method and is based on (i) the net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">earnings allocable to our class A common stock, including restricted class A common stock and deferred stock units,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">divided by (ii) the weighted-average number of shares of our class A common stock, including restricted class A common<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:668.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">stock and deferred stock units outstanding during the period. Our restricted class A common stock is considered a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">participating security, as defined by GAAP, and has been included in our Basic EPS under the two-class method as these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">restricted shares have the same rights as our other shares of class A common stock, including participating in any gains or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:26.37pt">losses.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">Diluted earnings per share, or Diluted EPS, is determined using the if-converted method, and is based on (i) the net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">earnings, adjusted for interest expense incurred on our convertible notes during the relevant period, net of incentive fees,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">allocable to our class A common stock, including restricted class A common stock and deferred stock units, divided by (ii)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">the weighted-average number of shares of our class A common stock, including restricted class A common stock, deferred<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:412.98pt">stock units, and shares of class A common stock issuable under our convertible notes. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.48pt;position:var(--position);text-decoration:none;white-space:pre;width:33.97pt">Note 15<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.45pt;position:var(--position);text-decoration:none;white-space:pre;width:47.95pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:130.16pt">discussion of earnings per share.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.66pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.85pt">Foreign Currency<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:135.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">In the normal course of business, we enter into transactions not denominated in United States, or U.S., dollars. Foreign<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">exchange gains and losses arising on such transactions are recorded as a gain or loss in our consolidated statements of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">operations. In addition, we consolidate entities that have a non-U.S. dollar functional currency. Non-U.S. dollar-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">denominated assets and liabilities are translated to U.S. dollars at the exchange rate prevailing at the reporting date and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:204.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">income, expenses, gains, and losses are translated at the average exchange rate over the applicable period. Cumulative<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">translation adjustments arising from the translation of non-U.S. dollar-denominated subsidiaries are recorded in other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:119.59pt">comprehensive income (loss).<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.09pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.87pt">Recent Accounting Pronouncements<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:213.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In December 2025, the FASB issued Accounting Standards Update, or ASU, 2025-11, “Interim Reporting (Topic 270):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Narrow Scope Improvements,” which amends the guidance in ASC 270, Interim Reporting. The update enhances interim<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">disclosure requirements by clarifying the information that must be presented in quarterly periods, including improved<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">transparency regarding significant events, accounting policy updates, and material developments that occur between annual<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">reporting dates. ASU 2025-11 also aligns certain interim reporting requirements more closely with annual disclosure<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:332pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">objectives to promote consistency and comparability. The amendments are effective for interim periods beginning after<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">December 15, 2027, and early adoption is permitted. We have not early adopted ASU 2025-11 and do not expect the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:355pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.46pt">adoption of ASU 2025-11 to have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:378.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">In December 2025, the FASB issued ASU 2025-09, “Derivatives and Hedging (Topic 815): Hedge Accounting<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:390pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Improvements,” which amends the guidance in ASC 815, Derivatives and Hedging. The update refines certain hedge<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">accounting requirements, including clarifications to the designation and documentation criteria for hedge relationships,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">improvements to the assessment of hedge effectiveness, and enhanced disclosures intended to provide greater transparency<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">into an entity’s risk management activities involving derivatives. ASU 2025-09 is effective for annual periods beginning<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">after December 15, 2026, including interim periods within those annual periods, and early adoption is permitted. We have<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">not early adopted ASU 2025-09 and do not expect the adoption of ASU 2025-09 to have a material impact on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:135.07pt">consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">In December 2025, the FASB issued ASU 2025-08, “Financial Instruments—Credit Losses (Topic 326): Purchased<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">Loans,” which clarifies the application of the CECL model to purchased loans, including purchased credit‑deteriorated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:505.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">loans, and enhances related disclosure requirements. ASU 2025-08 is effective for annual reporting periods beginning after<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">December 15, 2026, including interim periods within those annual periods. Early adoption is permitted. We have not early<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:528.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">adopted ASU 2025-08 and do not expect the adoption of ASU 2025-08 to have a material impact on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:540pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.08pt">financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In July 2025, the FASB issued ASU 2025-05, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Losses for Accounts Receivable and Contract Assets,” which amends the guidance in ASC 326, Financial Instruments—<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:586.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Credit Losses. This update provides a practical expedient related to the estimation of expected credit losses for current<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">accounts receivable and current contract assets that arise from transactions accounted for under ASC 606. The amendment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">notes that in developing reasonable and supportable forecasts as part of estimating expected credit losses, all entities may<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">elect a practical expedient that assumes that current conditions as of the balance sheet date do not change for the remaining<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:632.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">life of the asset. ASU 2025-05 is effective for annual periods beginning after December 15, 2025, including interim periods<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:644pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">within those annual periods, and early adoption is permitted. We have not early adopted ASU 2025-05 and do not expect<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:655.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">the adoption of ASU 2025-05 to have a material impact on our consolidated financial statements. We recognize revenue<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:667pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136.6pt">under ASC 606 pursuant to our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.1pt;position:var(--position);text-decoration:none;white-space:pre;width:170.1pt">Agency Multifamily Lending Partnership<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.2pt;position:var(--position);text-decoration:none;white-space:pre;width:188.23pt"> and income from our hospitality owned real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:678.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.02pt">estate assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:702pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">In May 2025, the FASB issued ASU 2025-03, “Business Combinations (Topic 805) and Consolidation (Topic 810):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity,” which amends the guidance in ASC<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:725pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">805, Business Combinations. This update clarifies the determination of the accounting acquirer in business combinations<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">that are primarily effected through the exchange of equity interests and involve the acquisition of a VIE. Specifically,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">entities are now required to consider the factors outlined in ASC 805-10-55-12 through 55-15 when determining the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">accounting acquirer, rather than defaulting to the primary beneficiary of the VIE as the accounting acquirer. ASU 2025-03<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">is effective for annual periods beginning after December 15, 2026, including interim periods within those annual periods,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">and early adoption is permitted. We have not early adopted ASU 2025-03 and do not expect the adoption of ASU 2025-03<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:266.83pt">to have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">In November 2024, the FASB issued ASU 2024-04 “Debt with Conversion and Other Options (Subtopic 470-20): Induced<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:146.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Conversions of Convertible Debt Instruments,” or ASU 2024-04. ASU 2024-04 clarifies the accounting treatment for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">settlement of a convertible debt instrument as an induced conversion. ASU 2024-04 is effective on a prospective basis,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">with the option for retrospective application, for fiscal years beginning after December 15, 2025. We have not early<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">adopted ASU 2024-04 and do not expect the adoption of ASU 2024-04 to have a material impact on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:192.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.08pt">financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">In November 2024, the FASB issued ASU 2024-03 “Expense Disaggregation Disclosures (Subtopic 220-40):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Disaggregation of Income Statement Expenses,” or ASU 2024-03. ASU 2024-03 requires disclosures in the notes to the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">financial statements on specified information about certain costs and expenses for each interim and annual reporting period.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:250.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">ASU 2024-03 is effective on either a prospective basis, with the option for retrospective application, for annual periods<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">early adoption is permitted. We have not early adopted ASU 2024-03 and do not expect the adoption of ASU 2024-03 to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:256.56pt">have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">In December 2023, the FASB issued ASU 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Disclosures,” or ASU 2023-09. ASU 2023-09 requires additional disaggregated disclosures on an entity’s effective tax rate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">reconciliation and additional details on income taxes paid. ASU 2023-09 is effective on a prospective basis, with the option<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">for retrospective application, for annual periods beginning after December 15, 2024 and early adoption is permitted. The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.5pt">adoption of ASU 2023-09 in 2025 did not have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:89.37pt">Basis of Presentation<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:207.67pt">The accompanying consolidated financial statem<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:287.22pt">ents have been prepared in accordance with accounting principles<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:309.64pt">generally accepted in the United States of America, or GAAP, and includ<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.14pt;position:var(--position);text-decoration:none;white-space:pre;width:185.24pt">e, on a consolidated basis, our accounts, the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">accounts of our wholly-owned subsidiaries, majority-owned subsidiaries, and variable interest entities, or VIEs, of which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.26pt">we are the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:115.47pt">Principles of Consolidation<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:173.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">We consolidate all entities that we control through either majority ownership or voting rights. In addition, we consolidate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">all VIEs of which we are considered the primary beneficiary. VIEs are defined as entities in which equity investors (i) do<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">not have an interest with the characteristics of a controlling financial interest and/or (ii) do not have sufficient equity at risk<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">for the entity to finance its activities without additional subordinated financial support from other parties. The entity that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:507pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">consolidates a VIE is known as its primary beneficiary and is generally the entity with (i) the power to direct the activities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">that most significantly affect the VIE’s economic performance and (ii) the right to receive benefits from the VIE or the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">obligation to absorb losses of the VIE that could be significant to the VIE. Entities that do not qualify as VIEs are generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">considered voting interest entities, or VOEs, and are evaluated for consolidation under the voting interest model. VOEs are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:360.71pt">consolidated when we control the entity through a majority voting interest or other means.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">For consolidated entities, the non-controlling partner’s share of the assets, liabilities, and operations of each joint venture is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:588pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">included in non-controlling interests as a component of total equity. The non-controlling partner’s interest is generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:248.59pt">computed as the joint venture partner’s ownership percentage.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:623pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">When the requirements for consolidation are not met and we have significant influence over the operations of the entity, the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:277.89pt">investment is accounted for under the equity method of accounting.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.39pt;position:var(--position);text-decoration:none;white-space:pre;width:216.97pt"> Investments in unconsolidated entities for which we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:646pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">have not elected the fair value option, or FVO, are initially recorded at cost and subsequently adjusted for our pro-rata<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">share of net income, contributions and distributions. When we elect the FVO, we record our share of the net asset value of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:669pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.44pt">the entity and any related unrealized gains and losses.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:692.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">We review our investments in unconsolidated entities for impairment each quarter or when there is an event or change in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:704pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">circumstances that indicates a decrease in value. If there is a decrease in value due to a series of operating losses or other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:715.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:492.2pt">factors, the investment is evaluated to determine if the loss in value is considered other than temporary. Although a curren<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">t<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:727pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">fair value below the carrying value of the investment is an indicator of impairment, we will only recognize an impairment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">if the loss in value is determined to be an other than temporary impairment. If an impairment is determined to be other than<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">temporary, we will record an impairment charge sufficient to reduce the investment’s carrying value to its fair value, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">would result in a new cost basis. This new cost basis will be used for future periods when recording subsequent income or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:331.82pt">loss and cannot be written up to a higher value as a result of increases in fair value.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">In 2017, we entered into a joint venture with Walker &amp; Dunlop Inc., or Walker &amp; Dunlop, to originate, hold, and finance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">multifamily bridge loans, which we refer to as our Multifamily Joint Venture. Pursuant to the terms of the agreements<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:243.83pt">governing the joint venture, Walker &amp; Dunlop contributed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.33000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">15%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.66pt;position:var(--position);text-decoration:none;white-space:pre;width:212pt"> of the venture’s equity capital and we contributed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">85%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:146.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">We consolidate our Multifamily Joint Venture as we have a controlling financial interest. The non-controlling interests<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">included on our consolidated balance sheets represent the equity interests in our Multifamily Joint Venture that are owned<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">by Walker &amp; Dunlop. A portion of our Multifamily Joint Venture’s consolidated equity and results of operations are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">allocated to these non-controlling interests based on Walker &amp; Dunlop’s pro rata ownership of our Multifamily Joint<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:192.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.68pt">Venture.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">In 2024, we entered into a joint venture with a Blackstone-advised investment vehicle to invest in triple net lease<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:153.6pt">properties, which we refer to as our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.1pt;position:var(--position);text-decoration:none;white-space:pre;width:100.8pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.9pt;position:var(--position);text-decoration:none;white-space:pre;width:175.81pt">. Our aggregate ownership interest in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.71pt;position:var(--position);text-decoration:none;white-space:pre;width:64.79pt">Net Lease Joint<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:32.18pt">Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.68pt;position:var(--position);text-decoration:none;white-space:pre;width:23.3pt"> was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.97999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">75%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.31pt;position:var(--position);text-decoration:none;white-space:pre;width:28.29pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.6pt;position:var(--position);text-decoration:none;white-space:pre;width:81.3pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:241.9pt;position:var(--position);text-decoration:none;white-space:pre;width:6.38pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:248.28pt;position:var(--position);text-decoration:none;white-space:pre;width:13.86pt">We<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.14pt;position:var(--position);text-decoration:none;white-space:pre;width:100.99pt"> do not consolidate our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.13pt;position:var(--position);text-decoration:none;white-space:pre;width:100.95pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.08pt;position:var(--position);text-decoration:none;white-space:pre;width:89.31pt"> as we do not have a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:250.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:210.11pt">controlling financial interest. Our investment in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.61pt;position:var(--position);text-decoration:none;white-space:pre;width:97.44pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.05pt;position:var(--position);text-decoration:none;white-space:pre;width:187.32pt"> is accounted for under the equity method, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.13pt">is recorded in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.63pt;position:var(--position);text-decoration:none;white-space:pre;width:150.67pt">investment in unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.3pt;position:var(--position);text-decoration:none;white-space:pre;width:285.16pt"> on our consolidated balance sheets, and our pro-rata share of income<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.59pt">(loss) is recorded in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.09pt;position:var(--position);text-decoration:none;white-space:pre;width:170.36pt">income (loss) from unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.45pt;position:var(--position);text-decoration:none;white-space:pre;width:183.42pt"> on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In the second quarter of 2025, we entered into a joint venture with a Blackstone-advised investment vehicle to acquire<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:320.46pt">portfolios of performing commercial mortgage loans, which we refer to as our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.96pt;position:var(--position);text-decoration:none;white-space:pre;width:140.6pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.56pt;position:var(--position);text-decoration:none;white-space:pre;width:33.78pt">. During<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:17.33pt">the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.83pt;position:var(--position);text-decoration:none;white-space:pre;width:46.18pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.00999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.13pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:127.14pt;position:var(--position);text-decoration:none;white-space:pre;width:83.8pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.94pt;position:var(--position);text-decoration:none;white-space:pre;width:26.09pt">, our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.03pt;position:var(--position);text-decoration:none;white-space:pre;width:149.28pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.31pt;position:var(--position);text-decoration:none;white-space:pre;width:44.65pt"> acquired <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:430.96pt;position:var(--position);text-decoration:none;white-space:pre;width:14.99pt">two<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.95pt;position:var(--position);text-decoration:none;white-space:pre;width:107.54pt"> portfolios of performing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:287.08pt">commercial mortgage loans. Our aggregate ownership interest in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.58pt;position:var(--position);text-decoration:none;white-space:pre;width:143.04pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.62pt;position:var(--position);text-decoration:none;white-space:pre;width:22.68pt"> was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.3pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">35%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.63pt;position:var(--position);text-decoration:none;white-space:pre;width:23.79pt"> as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.46pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.95999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:124.71pt">. We do not consolidate our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.66999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:146.6pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:412.27pt;position:var(--position);text-decoration:none;white-space:pre;width:141.09pt"> as we do not have a controlling<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:354.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.36pt">financial interest. Our investment in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:220.86pt;position:var(--position);text-decoration:none;white-space:pre;width:138.8pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.66pt;position:var(--position);text-decoration:none;white-space:pre;width:193.8pt"> is accounted for using the FVO, and is recorded<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:366pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.83pt">as an <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.33pt;position:var(--position);text-decoration:none;white-space:pre;width:151.54pt">investment in unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.87pt;position:var(--position);text-decoration:none;white-space:pre;width:318.51pt"> on our consolidated balance sheets, and our pro-rata share of any unrealized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:377.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:123.77pt">gains and losses is recorded in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:170.36pt">income (loss) from unconsolidated entities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.63pt;position:var(--position);text-decoration:none;white-space:pre;width:183.42pt"> on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span></div> 0.15 0.85 0.75 2 0.35 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.5pt">Use of Estimates<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:303.74pt">period. Actual results may ultimately differ materially from those estimates.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:90.2pt">Revenue Recognition<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:148.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">Interest income from our loans receivable portfolio is recognized over the life of each loan using the effective interest<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">method and is recorded on the accrual basis. Recognition of fees, premiums, and discounts associated with these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:376.05pt">investments is deferred and recorded over the term of the loan as an adjustment to yield.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.55pt;position:var(--position);text-decoration:none;white-space:pre;width:4.08pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.63pt;position:var(--position);text-decoration:none;white-space:pre;width:114.84pt">Income accrual is generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:540.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.8pt">suspended for loans at the earlier of the date at which payments become 90 days past due or when, in our opinion, recovery<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:171.48pt">of income and principal becomes doubtful<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.48pt;position:var(--position);text-decoration:none;white-space:pre;width:321.01pt"> Interest received is then recorded as income or as a reduction in the amortized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">cost basis, based on the specific facts and circumstances, until accrual is resumed when the loan becomes contractually<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:30.79pt">current <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:193.94pt">and performance is demonstrated to be resumed.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:283.23pt;position:var(--position);text-decoration:none;white-space:pre;width:270.24pt"> In addition, for loans we originate, the related origination expenses<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:586.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">are deferred and recognized as a reduction to interest income; however, expenses related to loans we acquire are included<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:203.9pt">in general and administrative expenses as incurred.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">The sources of revenue from our owned real estate assets, which is included in revenue from owned real estate on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:390.32pt">consolidated statements of operations, and the related revenue recognition policies are as follows:<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">Rental income primarily consists of base rent income arising from tenant leases at our office and multifamily properties.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">We determine if an arrangement is a lease at contract inception, which is subject to the provisions of ASC 842. Base rent is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">recognized on a straight-line basis over the life of the lease, including any rent steps or abatement provisions. We begin to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:465.27pt">recognize revenue upon the acquisition of the related property or when a tenant takes possession of the leased space.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Other operating income primarily consists of income from our hospitality properties and tenant reimbursement income.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:720pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Revenue from our hospitality properties consists primarily of room revenue and food and beverage revenue. Room revenue<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">is recognized when the related room is occupied and other hospitality revenue is recognized when the service is rendered.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Tenant reimbursement income primarily consists of amounts due from tenants for costs related to common area<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:352.78pt">maintenance, real estate taxes, and other recoverable costs included in lease agreements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">We evaluate the collectibility of receivables related to rental revenue on an individual lease basis and exercise judgment in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">assessing collectability considering the length of time a receivable has been outstanding, tenant credit-worthiness, payment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">history, available information about the financial condition of the tenant, and current economic trends, among other factors.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:386.04pt">Tenant receivables that are deemed uncollectible are recognized as a reduction to rental revenue.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.49pt">Cash and Cash Equivalents<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:182pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">Cash and cash equivalents represent cash held in banks and liquid investments with original maturities of three months or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:14.98pt">less<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.98pt;position:var(--position);text-decoration:none;white-space:pre;width:477.4pt"> We may have bank balances in excess of federally insured amounts; however, we deposit our cash and cash<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:205pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">equivalents with high credit-quality institutions to minimize credit risk exposure. We have not experienced, and do not<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:214.41pt">expect, any losses on our cash or cash equivalents. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:48.01pt">As of both <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.92pt;position:var(--position);text-decoration:none;white-space:pre;width:80.74pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.66pt;position:var(--position);text-decoration:none;white-space:pre;width:21.63pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.29pt;position:var(--position);text-decoration:none;white-space:pre;width:80.74pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.03pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.13pt;position:var(--position);text-decoration:none;white-space:pre;width:29.68pt">we had<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539.81pt;position:var(--position);text-decoration:none;white-space:pre;width:3.6pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:37.15pt">restricted<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.65pt;position:var(--position);text-decoration:none;white-space:pre;width:137.06pt"> cash on our consolidated balance <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.71pt;position:var(--position);text-decoration:none;white-space:pre;width:24.41pt">sheets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.12pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div> 0 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.65pt">Loans Receivable<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">We originate and purchase commercial real estate debt and related instruments generally to be held as long-term<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.94pt">investments at amortized cost.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:173.69pt">Current Expected Credit Losses Reserve<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">The current expected credit loss, or CECL, reserve required under the Financial Accounting Standards Board, or FASB,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Accounting Standards Codification, or ASC, Topic 326 “Financial Instruments – Credit Losses,” or ASC 326, reflects our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:356.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">current estimate of potential credit losses related to our loans and notes receivable included in our consolidated balance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">sheets. Changes to the CECL reserves are recognized through net income on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">While ASC 326 does not require any particular method for determining the CECL reserves, it does specify the reserves<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">should be based on relevant information about past events, including historical loss experience, current portfolio and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">market conditions, and reasonable and supportable forecasts for the duration of each respective loan. In addition, other than<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:414pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">a few narrow exceptions, ASC 326 requires that all financial instruments subject to the CECL model have some amount of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">loss reserve to reflect the principle underlying the CECL model that all loans and similar assets have some inherent risk of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:320.16pt">loss, regardless of credit quality, subordinate capital, or other mitigating factors.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.66pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">We estimate our CECL reserves primarily using the Weighted-Average Remaining Maturity, or WARM method, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">has been identified as an acceptable loss-rate method for estimating CECL reserves in FASB Staff Q&amp;A Topic 326, No. 1.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">The WARM method requires us to reference historic loan loss data across a comparable data set and apply such loss rate to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">each of our loans over their expected remaining term, taking into consideration expected economic conditions over the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">relevant time frame. We apply the WARM method for the majority of our loan portfolio, which consists of loans that share<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">similar risk characteristics. In certain instances, for loans with unique risk characteristics, we may instead use a probability-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:469.45pt">weighted model that considers the likelihood of default and expected loss given default for each such individual loan.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">Application of the WARM method to estimate CECL reserves requires judgment, including (i) the appropriate historical<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">loan loss reference data, (ii) the expected timing and amount of future loan fundings and repayments, and (iii) the current<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">credit quality of our portfolio and our expectations of performance and market conditions over the relevant time period. To<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">estimate the historic loan losses relevant to our portfolio, we have augmented our historical loan performance, with market<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">loan loss data licensed from Trepp LLC. This database includes commercial mortgage-backed securities, or CMBS, issued<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136pt">since January 1, 1999 through <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85pt">November 30, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:279.5pt;position:var(--position);text-decoration:none;white-space:pre;width:273.9pt">. Within this database, we focused our historical loss reference<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">calculations on the most relevant subset of available CMBS data, which we determined based on loan metrics that are most<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">comparable to our loan portfolio including asset type, geography, and origination loan-to-value, or LTV. We believe this<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">CMBS data, which includes month-over-month loan and property performance, is the most relevant, available, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.88pt">comparable dataset to our portfolio.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:201.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Our loans typically include commitments to fund incremental proceeds to our borrowers over the life of the loan. These<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">future funding commitments are also subject to the CECL model. The CECL reserve related to future loan fundings is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">recorded as a component of other liabilities on our consolidated balance sheets. This CECL reserve is estimated using the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:714.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">same process outlined above for our outstanding loan balances, and changes in this component of the CECL reserve will<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">similarly impact our consolidated net income. For both the funded and unfunded portions of our loans, we consider our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:389.25pt">internal risk rating of each loan as the primary credit quality indicator underlying our assessment.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:89pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">The CECL reserves are measured on a collective basis wherever similar risk characteristics exist within a pool of similar<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:468.37pt">assets. We have identified the following pools and measure the reserve for credit losses using the following methods:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:118pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.25pt">U.S. Loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.75pt;position:var(--position);text-decoration:none;white-space:pre;width:409.68pt">: WARM method that incorporates a subset of historical loss data, expected weighted-average<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:240.58pt">remaining maturity of our loan pool, and an economic view.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.02pt">Non-U.S. Loans:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:386.87pt"> WARM method that incorporates a subset of historical loss data, expected weighted-average<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:240.58pt">remaining maturity of our loan pool, and an economic view.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:176pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.04pt">Unique Loans:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.54pt;position:var(--position);text-decoration:none;white-space:pre;width:342.98pt"> a probability of default and loss given default model, assessed on an individual basis.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:500.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:73.58pt">Impaired Loans:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:4.17pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.25pt;position:var(--position);text-decoration:none;white-space:pre;width:381.21pt">impairment is indicated when it is deemed probable that we will not be able to collect all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:205pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.83pt">amounts due to us pursuant to the contractual terms of the loan. Determining that a loan is impaired requires<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.96pt">significant judgment from management and is based on several factors including (i) the underlying collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">performance, (ii) discussions with the borrower, (iii) borrower events of default, and (iv) other facts that impact<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.94pt">the borrower’s ability to pay the contractual amounts due under the terms of the loan. If a loan is determined to be<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">impaired, we record the impairment as a component of our CECL reserves by applying the practical expedient for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.88pt">collateral dependent loans. The CECL reserves are assessed on an individual basis for these loans by comparing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.83pt">the estimated fair value of the underlying collateral, less costs to sell, to the book value of the respective loan.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.92pt">These valuations require significant judgments, which include assumptions regarding capitalization rates, discount<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.92pt">rates, leasing, creditworthiness of major tenants, occupancy rates, availability and cost of financing, exit plan, loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.94pt">sponsorship, actions of other lenders, and other factors deemed relevant by us. Actual losses, if any, could<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.97pt">ultimately differ materially from these estimates. We only expect to charge off the impairment losses in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.87pt">consolidated financial statements prepared in accordance with GAAP if and when such amounts are deemed non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.88pt">recoverable. This is generally at the time a loan is repaid or foreclosed, or the underlying collateral assets are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:354.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">otherwise consolidated. However, non-recoverability may also be concluded if, in our determination, it is nearly<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:366pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.65pt">certain that all amounts due will not be collected.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:291.15pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:211.82pt">Contractual Term and Unfunded Loan Commitments<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:270.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">Expected credit losses are estimated over the contractual term of each loan, adjusted for expected repayments. As part of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">our quarterly review of our loan portfolio, we assess the expected repayment date of each loan, which is used to determine<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:269.71pt">the contractual term for purposes of computing our CECL reserves.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Additionally, the expected credit losses over the contractual period of our loans are subject to the obligation to extend<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">credit through our unfunded loan commitments. The CECL reserve for unfunded loan commitments is adjusted quarterly,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">as we consider the expected timing of future funding obligations over the estimated life of the loan. The considerations in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">estimating our CECL reserve for unfunded loan commitments are similar to those used for the related outstanding loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:505.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.52pt">receivable.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.02000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.67pt">Credit Quality Indicator<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:156.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">Our risk rating is our primary credit quality indicator in assessing our current expected credit loss reserve. We perform a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">quarterly risk review of our portfolio of loans, and assign each loan a risk rating based on a variety of factors, including,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">without limitation, origination LTV, debt yield, property type, geographic and local market dynamics, physical condition,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">cash flow volatility, leasing and tenant profile, loan structure and exit plan, and project sponsorship. Based on a 5-point<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">scale, our loans are rated “l” through “5,” from less risk to greater risk, relative to our loan portfolio in the aggregate, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:120.41pt">ratings are defined as follows:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">1 -<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:64.4pt">Very Low Risk<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:158.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">2 -<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:40.82pt">Low Risk<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:135.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:662.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">3 -<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.02pt">Medium Risk<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:152.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">4 -<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:124.63pt">High Risk/Potential for Loss:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.13pt;position:var(--position);text-decoration:none;white-space:pre;width:200.87pt"> A loan that has a risk of realizing a principal loss.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:420pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">5 -<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:95.94pt">Impaired/Loss Likely:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.44pt;position:var(--position);text-decoration:none;white-space:pre;width:362.93pt"> A loan that has a very high risk of realizing a principal loss or has otherwise incurred a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:709pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:56.05pt">principal loss.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.37pt">Estimation of Economic Conditions<span style="display:inline-block;height:6.94pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:200.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">In addition to the WARM method computations and probability-weighted models described above, our CECL reserves are<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">also adjusted to reflect our estimation of the current and future economic conditions that impact the performance of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">commercial real estate assets securing our loans. These estimations include unemployment rates, interest rates, expectations<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">of inflation and/or recession, and other macroeconomic factors impacting the likelihood and magnitude of potential credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">losses for our loans during their anticipated term. In addition to the CMBS data we have licensed from Trepp LLC, we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">have also licensed certain macroeconomic financial forecasts to inform our view of the potential future impact that broader<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:140.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">economic conditions may have on our loan portfolio’s performance. We generally also incorporate information from other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:152pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">sources, including information and opinions available to our Manager, to further inform these estimations. This process<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:163.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">requires significant judgments about future events that, while based on the information available to us as of the balance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:175pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">sheet date, are ultimately indeterminate and the actual economic condition impacting our portfolio could vary significantly<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136.21pt">from the estimates we made as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.71pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.25pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.6pt">Owned Real Estate<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">We may assume legal title, physical possession, or control of the collateral underlying a loan through a foreclosure, a deed-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:245pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">in-lieu of foreclosure transaction, or a loan modification in which we receive an equity interest in and/or control over<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.16pt">decision-making at the property, resulting in us consolidating the real estate assets as VIEs.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:431.66pt;position:var(--position);text-decoration:none;white-space:pre;width:14.24pt"> Th<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.9pt;position:var(--position);text-decoration:none;white-space:pre;width:107.57pt">ese real estate acquisitions<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">are classified as owned real estate, on our consolidated balance sheet and are initially recognized at fair value on the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:384.06pt">acquisition date in accordance with the ASC Topic 805, “Business Combinations,” or ASC 805.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Upon acquisition of owned real estate assets, we assess the fair value of acquired tangible and intangible assets, which may<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">include land, buildings, tenant improvements, “above-market” and “below-market” leases, acquired in-place leases, other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">identified intangible assets and assumed liabilities, as applicable, and allocate the fair value to the acquired assets and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.71pt">assumed liabilities. <span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.20999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:415.27pt"><span style="background-color:inherit">We assess and consider fair value based on estimated cash flow projections that utilize discount and/or</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:349pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt"><span style="background-color:inherit">capitalization rates that we deem appropriate, as well as other available market information. Estimates of future cash flows</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:360.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt"><span style="background-color:inherit">are based on a number of factors, including the historical operating results, known and anticipated trends, and market and</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:372pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:87.96pt"><span style="background-color:inherit">economic conditions. </span><span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.45999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:292.32pt">We capitalize acquisition-related costs associated with asset acquisitions.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Real estate assets held for investment, except for land, are depreciated using the straight-line method over the assets’<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:407pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.4pt">estimated useful lives of up to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.9pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">40<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.9pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.44pt;position:var(--position);text-decoration:none;white-space:pre;width:67.74pt"> for buildings, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.18pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">15<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.18pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.72pt;position:var(--position);text-decoration:none;white-space:pre;width:130.25pt"> for land improvements, and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.97pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">10<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.97pt;position:var(--position);text-decoration:none;white-space:pre;width:26.54pt"> years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.51pt;position:var(--position);text-decoration:none;white-space:pre;width:46.98pt"> for tenant<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:418.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">improvements. Renovations and/or replacements that improve or extend the life of the asset are capitalized and depreciated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">over their estimated useful lives. Lease intangibles are amortized over the remaining term of applicable leases on a straight-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:326.81pt">line basis. The cost of ordinary repairs and maintenance are expensed as incurred.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Real estate assets held for investment are assessed for impairment on a quarterly basis. If the depreciated cost basis of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.61pt">asset exceeds the undiscounted cash <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.11pt;position:var(--position);text-decoration:none;white-space:pre;width:164.09pt">flows over the remaining holding period<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.2pt;position:var(--position);text-decoration:none;white-space:pre;width:114.13pt">, the asset is considered for <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.33pt;position:var(--position);text-decoration:none;white-space:pre;width:46.04pt">impairment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.87pt;position:var(--position);text-decoration:none;white-space:pre;width:3.07pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.94pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:488pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:165.84pt">impairment loss is recognized when the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.34pt;position:var(--position);text-decoration:none;white-space:pre;width:187.39pt">carrying value of the real estate assets exceed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.73pt;position:var(--position);text-decoration:none;white-space:pre;width:69.57pt"> their fair value. <span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.3pt;position:var(--position);text-decoration:none;white-space:pre;width:72.1pt"><span style="background-color:inherit">The evaluation of</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt"><span style="background-color:inherit">anticipated future cash flows is highly subjective and is based in part on assumptions regarding future occupancy, rental</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:428.7pt"><span style="background-color:inherit">rates, capital requirements and anticipated holding periods that could differ materially from actual results.</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.98pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.18pt;position:var(--position);text-decoration:none;white-space:pre;width:63.31pt">Refer to Note 4<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:522.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.52pt">for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Real estate assets are classified as held for sale in the period when they meet the criteria under ASC Topic 360 “Property,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Plant, and Equipment.” Once a real estate asset is classified as held for sale, depreciation is suspended and the asset is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:288.18pt">reported at the lower of its carrying value or fair value less cost to sell<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.68pt;position:var(--position);text-decoration:none;white-space:pre;width:206.65pt">. If circumstances arise and we decide not to sell a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">real estate asset previously classified as held for sale, the real estate asset is reclassified as held for investment. Upon<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">reclassification, the real estate asset is measured at the lower of (i) its carrying amount prior to classification as held for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">sale, adjusted for depreciation expense that would have been recognized had the real estate been classified as held for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:292.05pt">investment, and (ii) its estimated fair value at the time of reclassification.<span style="display:inline-block;height:6.93pt"></span></span></div> P40Y P15Y P10Y 12 7 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:176.8pt">Agency Multifamily Lending Partnership<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:697pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">In the second quarter of 2024, we entered into an agreement with M&amp;T Realty Capital Corporation, or MTRCC, a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">subsidiary of M&amp;T Bank, that allows our borrowers to access multifamily agency financing through MTRCC’s Fannie<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:720pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:250.63pt">Mae DUS and Freddie Mac Optigo lending platforms, or our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.13pt;position:var(--position);text-decoration:none;white-space:pre;width:167.16pt">Agency Multifamily Lending Partnership<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.29pt;position:var(--position);text-decoration:none;white-space:pre;width:77.14pt">. We will receive a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">portion of origination, servicing, and other fees for loans that we refer to MTRCC for origination under both the Fannie<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Mae and Freddie Mac programs. Additionally, we will share in losses with MTRCC and Fannie Mae on loans that we refer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:234.5pt">to MTRCC for origination under the Fannie Mae program.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.59pt">Revenue Recognition<span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:124pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">For loans that we refer to MTRCC for origination under both the Fannie Mae and Freddie Mac programs, we recognize our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">allocable portion of origination, servicing, and other fees in other income when we have satisfied our performance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">obligations in accordance with the “Revenue from Contracts with Customers” Topic of the FASB, or ASC 606. Our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">performance obligations are generally satisfied when the loan is referred by us to MTRCC and subsequently originated and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">sold under the Fannie Mae and Freddie Mac programs. A portion of the fees recognized, such as servicing fees, are variable<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:243.55pt">and will be reevaluated for collectibility on a recurring basis.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:302.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:211pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.02pt">Loss-sharing Obligation<span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:228.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Pursuant to our agreement with MTRCC, we are subject to a loss-sharing obligation with respect to MTRCC’s obligation<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:240pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">to partially guarantee the performance of loans that they originate and sell under the Fannie Mae program. This loss-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:251.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">sharing agreement requires us to fund a fixed amount of cash into a segregated account based on the amount MTRCC is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:376.55pt">required to fund under the Fannie Mae program, with respect to loans we referred to MTRCC.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">In addition, we will recognize a liability for these loss-sharing obligations. This liability will be initially recognized at fair<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">value with a corresponding expense at inception, and it will subsequently be amortized on a straight-line basis over the life<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:468.2pt">of the loss-sharing obligation. This liability is included within other liabilities in our consolidated balance sheets.<span style="display:inline-block;height:6.93pt"></span></span> 5500000 5500000 32000 32000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.54pt">Derivative Financial Instruments<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:200.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">We classify all derivative financial instruments as either other assets or other liabilities on our consolidated balance sheets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.19pt">at fair value.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.69pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:426pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">On the date we enter into a derivative contract, we designate each contract as (i) a hedge of a net investment in a foreign<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">operation, or net investment hedge, (ii) a hedge of a forecasted transaction or of the variability of cash flows to be received<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">or paid related to a recognized asset or liability, or cash flow hedge, (iii) a hedge of a recognized asset or liability, or fair<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">value hedge, or (iv) a derivative instrument not to be designated as a hedging derivative, or non-designated hedge. For all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">derivatives other than those designated as non-designated hedges, we formally document our hedge relationships and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">designation at the contract’s inception. This documentation includes the identification of the hedging instruments and the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">hedged items, its risk management objectives, strategy for undertaking the hedge transaction and our evaluation of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:155.07pt">effectiveness of its hedged transaction.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.57pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">On a quarterly basis, we also formally assess whether the derivative we designated in each hedging relationship is expected<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">to be, and has been, highly effective in offsetting changes in the value or cash flows of the hedged items. If it is determined<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">that a derivative is not highly effective at hedging the designated exposure, hedge accounting is discontinued and the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">changes in fair value of the instrument are included in net income prospectively. Our net investment hedges are assessed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">using a method based on changes in spot exchange rates. Gains and losses, representing hedge components excluded from<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">the assessment of effectiveness, are recognized in interest income on our consolidated statements of operations over the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">contractual term of our net investment hedges on a systematic and rational basis, as documented at hedge inception in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">accordance with our accounting policy election. All other changes in the fair value of our derivative instruments that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">qualify as hedges are reported as a component of accumulated other comprehensive income (loss) on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">financial statements. Deferred gains and losses are reclassified out of accumulated other comprehensive income (loss) and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">into net income in the same period or periods during which the hedged transaction affects earnings, and are presented in the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">same line item as the earnings effect of the hedged item. For cash flow hedges, this is typically when the periodic swap<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:668pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">settlements are made, while for net investment hedges, this occurs when the hedged item is sold or substantially liquidated.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:679.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">To the extent a derivative does not qualify for hedge accounting and is deemed a non-designated hedge, the changes in its<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:201.94pt">fair value are included in net income concurrently.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:714.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">Proceeds or payments from periodic settlements of derivative instruments are classified on our consolidated statement of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:246.66pt">cash flows in the same section as the underlying hedged item.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:160.97pt">Secured Debt and Asset-Specific Debt<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">We record investments financed with secured debt or asset-specific debt as separate assets and the related borrowings<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">under any secured debt or asset-specific debt are recorded as separate liabilities on our consolidated balance sheets. Interest<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">income earned on the investments and interest expense incurred on the secured debt or asset-specific debt are reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:223.9pt">separately on our consolidated statements of operations.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:52.46pt">Term Loans<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:110.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:269pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">We record our term loans as liabilities on our consolidated balance sheets. Where applicable, any issue discount or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">transaction expenses are deferred and amortized through the maturity date of the term loans as additional non-cash interest<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:292pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.68pt">expense.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:91.02pt">Senior Secured Notes<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">We record our senior secured notes as liabilities on our consolidated balance sheets. Where applicable, any issue discount<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:350.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">or transaction expenses are deferred and amortized through the maturity date of the senior secured notes as additional non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:362pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:86.82pt">cash interest expense.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.87pt">Convertible Notes<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:135.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:409pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Convertible note proceeds, unless issued with a substantial premium or an embedded conversion feature, are classified as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:420.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">debt. Additionally, shares issuable under our convertible notes are included in diluted earnings per share in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:432pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">consolidated financial statements, if the effect is dilutive, using the if-converted method, regardless of settlement intent.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:443.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Where applicable, any issue discount or transaction expenses are deferred and amortized through the maturity date of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:455pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:229.43pt">convertible notes as additional non-cash interest expense.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.34pt">Deferred Financing Costs<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:167.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:502pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">The deferred financing costs that are included as a reduction in the net book value of the related liability on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">consolidated balance sheets include issuance and other costs related to our debt obligations. These costs are amortized as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:360.06pt">interest expense using the effective interest method over the life of the related obligations.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:106.05pt">Loan Participations Sold<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In certain instances, we have executed a syndication of a non-recourse loan interest to a third party. Depending on the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:164.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">particular structure of the syndication, the loan interest may remain on our GAAP balance sheet or, in other cases, the sale<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:176pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">will be recognized and the loan interest will no longer be included in our consolidated financial statements. When these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:187.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">sales are not recognized under GAAP we reflect the transaction by recording a loan participation sold liability on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:199pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">consolidated balance sheet; however, this gross presentation does not impact stockholders’ equity or net income. When the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">sales are recognized, our balance sheet only includes our remaining loan interest, and excludes the interest in the loan that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.31pt">we sold.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:201pt">Underwriting Commissions and Offering Costs<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:259.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Underwriting commissions and offering costs incurred in connection with common stock offerings are reflected as a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:583.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">reduction of additional paid-in capital. Costs incurred that are not directly associated with the completion of a common<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:172.59pt">stock offering are expensed when incurred.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.99pt">Fair Value Measurements<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:642pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:244.91pt">The “Fair Value Measurements and Disclosures” Topic o<span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:249.94pt"><span style="background-color:inherit">f the FASB, or ASC 820, defines fair value, establishes a</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt"><span style="background-color:inherit">framework for measuring fair value, and requires certain disclosures about fair value measurements under GAAP.</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt"><span style="background-color:inherit">Specifically, this guidance defines fair value based on exit price, or the price that would be received upon the sale of an</span><span style="display:inline-block;height:6.93pt"></span></span><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"><span style="background-color:inherit"> </span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:676.5pt;width:612pt"><span style="background-color:#ffffff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:446.02pt"><span style="background-color:inherit">asset or the transfer of a liability in an orderly transaction between market participants at the measurement date.</span><span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:700pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">ASC 820 also establishes a fair value hierarchy that prioritizes and ranks the level of market price observability used in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:711.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">measuring financial instruments. Market price observability is affected by a number of factors, including the type of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:723pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">financial instrument, the characteristics specific to the financial instrument, and the state of the marketplace, including the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">existence and transparency of transactions between market participants. Financial instruments with readily available quoted<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">prices in active markets generally will have a higher degree of market price observability and a lesser degree of judgment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:115.7pt">used in measuring fair value.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">Financial instruments measured and reported at fair value are classified and disclosed based on the observability of inputs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:112pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.83pt">used in the determination, as follows:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.97pt">Level 1: Generally includes only unadjusted quoted prices that are available in active markets for identical<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:181.16pt">financial instruments as of the reporting date.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">Level 2: Pricing inputs include quoted prices in active markets for similar instruments, quoted prices in less active<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">or inactive markets for identical or similar instruments where multiple price quotes can be obtained, and other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333.76pt">observable inputs, such as interest rates, yield curves, credit risks, and default rates.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.26pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:199pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">Level 3: Pricing inputs are unobservable for the financial instruments and include situations where there is little, if<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">any, market activity for the financial instrument. These inputs require significant judgment or estimation by<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.93pt">management of third parties when determining fair value and generally represent anything that does not meet the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:102.64pt">criteria of Levels 1 and 2.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">Certain of our other assets are reported at fair value, as of quarter-end, either (i) on a recurring basis or (ii) on a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.82pt">nonrecurring basis, as a result of impairment or other events. Our assets that are recorded at fair value are discussed further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.34pt">in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.84pt;position:var(--position);text-decoration:none;white-space:pre;width:32.99pt">Note 19<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.83pt;position:var(--position);text-decoration:none;white-space:pre;width:450.67pt">. We generally value our assets recorded at fair value by either (i) discounting expected cash flows based on<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">assumptions regarding the collection of principal and interest and estimated market rates, or (ii) obtaining assessments from<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">third parties. For collateral-dependent loans that are identified as impaired, we measure impairment by comparing our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">estimation of the fair value of the underlying collateral, less costs to sell, to the book value of the respective loan. These<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:326pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">valuations require significant judgments, which include assumptions regarding capitalization rates, discount rates, leasing,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">creditworthiness of major tenants, occupancy rates, availability and cost of financing, exit plan, loan sponsorship, actions<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:349pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:137.35pt">of other lenders, and other factors.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:372.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:351.26pt">We have elected the FVO for one of our investments in an unconsolidated entity, our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.76pt;position:var(--position);text-decoration:none;white-space:pre;width:141.12pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:384pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">and therefore report this investment at fair value. Given the fair value of this investment is not readily determinable, the net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.73pt">asset value of the entity is used as a practical expedient.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:419pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.46pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:81.56pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:96.88pt">, we had an aggregate <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.4pt;position:var(--position);text-decoration:none;white-space:pre;width:55.36pt">$87.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.76pt;position:var(--position);text-decoration:none;white-space:pre;width:167.14pt"> asset-specific CECL reserve related to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.9pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">six<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.56pt;position:var(--position);text-decoration:none;white-space:pre;width:54.78pt"> of our loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:430.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.2pt">receivable with an aggregate amortized cost basis of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.7pt;position:var(--position);text-decoration:none;white-space:pre;width:59.08pt">$174.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:330.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.28pt;position:var(--position);text-decoration:none;white-space:pre;width:220.18pt"> net of cost-recovery proceeds. The CECL reserve was<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:442pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:412.54pt">recorded based on our estimation of the fair value of the loans' aggregate underlying collateral as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.04pt;position:var(--position);text-decoration:none;white-space:pre;width:79.96pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:551pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">These loans receivable are therefore measured at fair value on a nonrecurring basis using significant unobservable inputs,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">and are classified as Level 3 assets in the fair value hierarchy. We estimated the fair value of the collateral underlying the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">loans receivable by considering a variety of inputs including property performance, market data, and comparable sales, as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:488pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">applicable. The significant unobservable inputs employed include the exit capitalization rate assumption used to forecast<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:317.52pt">the future sale price of the underlying real estate collateral, which ranged from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.02pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">6.50%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.85pt;position:var(--position);text-decoration:none;white-space:pre;width:12.97pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.82pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">8.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.65pt;position:var(--position);text-decoration:none;white-space:pre;width:112.78pt">, and the unlevered discount<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:146.52pt">rate assumption, which ranged from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.02pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">9.25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.85pt;position:var(--position);text-decoration:none;white-space:pre;width:12.77pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.62pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">15.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:274.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.7pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.2pt;position:var(--position);text-decoration:none;white-space:pre;width:44.14pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.34pt;position:var(--position);text-decoration:none;white-space:pre;width:3.09pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.43pt;position:var(--position);text-decoration:none;white-space:pre;width:79.72pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.15pt;position:var(--position);text-decoration:none;white-space:pre;width:205.83pt">, we acquired legal title or otherwise consolidated <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.98pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">five<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.51pt;position:var(--position);text-decoration:none;white-space:pre;width:99.99pt"> owned real estate assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:33.89pt">through <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.39pt;position:var(--position);text-decoration:none;white-space:pre;width:458.47pt">deed-in-lieu of foreclosure transactions or loan modifications that resulted in us consolidating the collateral assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">At the time of each acquisition, we determined the fair value of each real estate asset based on a variety of inputs including,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">but not limited to, estimated cash flow projections, leasing assumptions, required capital expenditures, market data, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">comparable sales. The owned real estate assets were measured at fair value on a nonrecurring basis using significant<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">unobservable inputs and are classified as Level 3 assets in the fair value hierarchy. The significant unobservable inputs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">employed include (i) the exit capitalization rate assumption used to forecast the future sale price of the assets, which ranged<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:23.13pt">from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.63pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">6.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.46000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:15.17pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.63pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">8.55%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.45999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:293.19pt">, and (ii) the unlevered discount rate assumptions, which ranged from <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.65pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">7.00%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.48pt;position:var(--position);text-decoration:none;white-space:pre;width:15.17pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.65pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">10.55%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.48pt;position:var(--position);text-decoration:none;white-space:pre;width:39.85pt">. Refer to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:626.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.81pt">Notes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.31pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">4<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.31pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">19<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:650pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">We are also required by GAAP to disclose fair value information about financial instruments, which are not otherwise<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">reported at fair value in our consolidated balance sheet, to the extent it is practicable to estimate a fair value for those<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459.68pt">instruments. These disclosure requirements exclude certain financial instruments and all non-financial instruments.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.1800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:696.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">The following methods and assumptions are used to estimate the fair value of each class of financial instruments, for which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:708pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.39pt">it is practicable to estimate that value:<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:725.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:409.77pt">Cash and cash equivalents: The carrying amount of cash and cash equivalents approximates fair value.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.92pt">Loans receivable, net: The fair values of these loans were estimated using a discounted cash flow methodology,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">taking into consideration various factors including capitalization rates, discount rates, leasing, credit worthiness of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.89pt">major tenants, occupancy rates, availability and cost of financing, exit plan, loan sponsorship, actions of other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:103.49pt">lenders, and other factors.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.99pt">Derivative financial instruments: The fair value of our foreign currency and interest rate contracts was estimated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">using advice from a third-party derivative specialist, based on contractual cash flows and observable inputs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:212.25pt">comprising foreign currency rates and credit spreads.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.75pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:146.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:77.17pt">Secured debt, net: <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:381.75pt">The fair value of these instruments was estimated based on the rate at which a similar credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136.21pt">facility would currently be priced.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.71pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:175.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.94pt">Securitized debt obligations, net: The fair value of these instruments was estimated by utilizing third-party pricing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:187pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.88pt">service providers. In determining the value of a particular investment, pricing service providers may use broker-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:198.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.96pt">dealer quotations, reported trades, or valuation estimates from their internal pricing models to determine the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.25pt">reported price.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.95pt">Asset-specific debt, net: The fair value of these instruments was estimated based on the rate at which a similar<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:149.53pt">agreement would currently be priced.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.84pt">Loan participations sold, net: The fair value of these instruments was estimated based on the value of the related<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85.13pt">loan receivable asset.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.97pt">Term loans, net: The fair value of these instruments was estimated by utilizing third-party pricing service<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.91pt">providers. In determining the value of a particular investment, pricing service providers may use broker-dealer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">quotations, reported trades, or valuation estimates from their internal pricing models to determine the reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.46pt">price.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:459pt">Senior secured notes, net: The fair value of these instruments was estimated by utilizing third-party pricing service<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:349pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.91pt">providers. In determining the value of a particular investment, pricing service providers may use broker-dealer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:360.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.9pt">quotations, reported trades, or valuation estimates from their internal pricing models to determine the reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:372pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.46pt">price.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:389.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:76.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:458.85pt">Convertible notes, net: Each series of the convertible notes is actively traded and their fair values were obtained<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.44pt">using quoted market prices.<span style="display:inline-block;height:6.93pt"></span></span> 87300000 6 174600000 0.0650 0.0800 0.0925 0.1500 5 0.0600 0.0855 0.0700 0.1055 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.12pt">Income Taxes<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:117.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:448pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">Our financial results generally do not reflect provisions for current or deferred income taxes on our REIT taxable income.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">We believe that we operate in a manner that will continue to allow us to be taxed as a REIT and, as a result, we generally<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.81pt">do not expect to pay substantial corporate level taxes other than those payable by our taxable REIT subsidiaries. If we were<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">to fail to meet these requirements, we may be subject to federal, state, and local income tax on current and past income, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.44pt">penalties. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.94pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 17<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.86pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:116.9pt">Stock-Based Compensation<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:175.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">Our stock-based compensation consists of awards issued to our Manager, certain individuals employed by an affiliate of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">our Manager, and certain members of our board of directors that vest over the life of the awards, as well as deferred stock<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">units issued to certain members of our board of directors. Stock-based compensation expense is recognized for these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">awards in net income on a variable basis over the applicable vesting period of the awards, based on the value of our class A<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:98.51pt">common stock. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.01pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 18<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.93pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.27pt">Earnings per Share<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:141.76999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Basic earnings per share, or Basic EPS, is computed in accordance with the two-class method and is based on (i) the net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">earnings allocable to our class A common stock, including restricted class A common stock and deferred stock units,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">divided by (ii) the weighted-average number of shares of our class A common stock, including restricted class A common<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:668.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">stock and deferred stock units outstanding during the period. Our restricted class A common stock is considered a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">participating security, as defined by GAAP, and has been included in our Basic EPS under the two-class method as these<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">restricted shares have the same rights as our other shares of class A common stock, including participating in any gains or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:26.37pt">losses.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">Diluted earnings per share, or Diluted EPS, is determined using the if-converted method, and is based on (i) the net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">earnings, adjusted for interest expense incurred on our convertible notes during the relevant period, net of incentive fees,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">allocable to our class A common stock, including restricted class A common stock and deferred stock units, divided by (ii)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">the weighted-average number of shares of our class A common stock, including restricted class A common stock, deferred<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:412.98pt">stock units, and shares of class A common stock issuable under our convertible notes. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.48pt;position:var(--position);text-decoration:none;white-space:pre;width:33.97pt">Note 15<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.45pt;position:var(--position);text-decoration:none;white-space:pre;width:47.95pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:130.16pt">discussion of earnings per share.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.85pt">Foreign Currency<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:135.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">In the normal course of business, we enter into transactions not denominated in United States, or U.S., dollars. Foreign<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:170pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">exchange gains and losses arising on such transactions are recorded as a gain or loss in our consolidated statements of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">operations. In addition, we consolidate entities that have a non-U.S. dollar functional currency. Non-U.S. dollar-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:193pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">denominated assets and liabilities are translated to U.S. dollars at the exchange rate prevailing at the reporting date and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:204.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">income, expenses, gains, and losses are translated at the average exchange rate over the applicable period. Cumulative<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">translation adjustments arising from the translation of non-U.S. dollar-denominated subsidiaries are recorded in other<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:119.59pt">comprehensive income (loss).<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:154.87pt">Recent Accounting Pronouncements<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:213.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In December 2025, the FASB issued Accounting Standards Update, or ASU, 2025-11, “Interim Reporting (Topic 270):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">Narrow Scope Improvements,” which amends the guidance in ASC 270, Interim Reporting. The update enhances interim<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">disclosure requirements by clarifying the information that must be presented in quarterly periods, including improved<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">transparency regarding significant events, accounting policy updates, and material developments that occur between annual<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">reporting dates. ASU 2025-11 also aligns certain interim reporting requirements more closely with annual disclosure<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:332pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">objectives to promote consistency and comparability. The amendments are effective for interim periods beginning after<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">December 15, 2027, and early adoption is permitted. We have not early adopted ASU 2025-11 and do not expect the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:355pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.46pt">adoption of ASU 2025-11 to have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:378.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">In December 2025, the FASB issued ASU 2025-09, “Derivatives and Hedging (Topic 815): Hedge Accounting<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:390pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Improvements,” which amends the guidance in ASC 815, Derivatives and Hedging. The update refines certain hedge<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">accounting requirements, including clarifications to the designation and documentation criteria for hedge relationships,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">improvements to the assessment of hedge effectiveness, and enhanced disclosures intended to provide greater transparency<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">into an entity’s risk management activities involving derivatives. ASU 2025-09 is effective for annual periods beginning<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">after December 15, 2026, including interim periods within those annual periods, and early adoption is permitted. We have<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">not early adopted ASU 2025-09 and do not expect the adoption of ASU 2025-09 to have a material impact on our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:135.07pt">consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">In December 2025, the FASB issued ASU 2025-08, “Financial Instruments—Credit Losses (Topic 326): Purchased<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">Loans,” which clarifies the application of the CECL model to purchased loans, including purchased credit‑deteriorated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:505.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">loans, and enhances related disclosure requirements. ASU 2025-08 is effective for annual reporting periods beginning after<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">December 15, 2026, including interim periods within those annual periods. Early adoption is permitted. We have not early<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:528.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">adopted ASU 2025-08 and do not expect the adoption of ASU 2025-08 to have a material impact on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:540pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.08pt">financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">In July 2025, the FASB issued ASU 2025-05, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">Losses for Accounts Receivable and Contract Assets,” which amends the guidance in ASC 326, Financial Instruments—<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:586.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Credit Losses. This update provides a practical expedient related to the estimation of expected credit losses for current<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">accounts receivable and current contract assets that arise from transactions accounted for under ASC 606. The amendment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">notes that in developing reasonable and supportable forecasts as part of estimating expected credit losses, all entities may<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">elect a practical expedient that assumes that current conditions as of the balance sheet date do not change for the remaining<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:632.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">life of the asset. ASU 2025-05 is effective for annual periods beginning after December 15, 2025, including interim periods<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:644pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">within those annual periods, and early adoption is permitted. We have not early adopted ASU 2025-05 and do not expect<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:655.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">the adoption of ASU 2025-05 to have a material impact on our consolidated financial statements. We recognize revenue<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:667pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:136.6pt">under ASC 606 pursuant to our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.1pt;position:var(--position);text-decoration:none;white-space:pre;width:170.1pt">Agency Multifamily Lending Partnership<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.2pt;position:var(--position);text-decoration:none;white-space:pre;width:188.23pt"> and income from our hospitality owned real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:678.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.02pt">estate assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:702pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">In May 2025, the FASB issued ASU 2025-03, “Business Combinations (Topic 805) and Consolidation (Topic 810):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity,” which amends the guidance in ASC<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:725pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">805, Business Combinations. This update clarifies the determination of the accounting acquirer in business combinations<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">that are primarily effected through the exchange of equity interests and involve the acquisition of a VIE. Specifically,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">entities are now required to consider the factors outlined in ASC 805-10-55-12 through 55-15 when determining the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">accounting acquirer, rather than defaulting to the primary beneficiary of the VIE as the accounting acquirer. ASU 2025-03<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">is effective for annual periods beginning after December 15, 2026, including interim periods within those annual periods,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">and early adoption is permitted. We have not early adopted ASU 2025-03 and do not expect the adoption of ASU 2025-03<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:266.83pt">to have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">In November 2024, the FASB issued ASU 2024-04 “Debt with Conversion and Other Options (Subtopic 470-20): Induced<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:146.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">Conversions of Convertible Debt Instruments,” or ASU 2024-04. ASU 2024-04 clarifies the accounting treatment for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:158pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">settlement of a convertible debt instrument as an induced conversion. ASU 2024-04 is effective on a prospective basis,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:169.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">with the option for retrospective application, for fiscal years beginning after December 15, 2025. We have not early<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:181pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">adopted ASU 2024-04 and do not expect the adoption of ASU 2024-04 to have a material impact on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:192.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.08pt">financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:216pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">In November 2024, the FASB issued ASU 2024-03 “Expense Disaggregation Disclosures (Subtopic 220-40):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Disaggregation of Income Statement Expenses,” or ASU 2024-03. ASU 2024-03 requires disclosures in the notes to the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">financial statements on specified information about certain costs and expenses for each interim and annual reporting period.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:250.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">ASU 2024-03 is effective on either a prospective basis, with the option for retrospective application, for annual periods<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:262pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">beginning after December 15, 2026, and for interim periods within fiscal years beginning after December 15, 2027, and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">early adoption is permitted. We have not early adopted ASU 2024-03 and do not expect the adoption of ASU 2024-03 to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:256.56pt">have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.93pt">In December 2023, the FASB issued ASU 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Disclosures,” or ASU 2023-09. ASU 2023-09 requires additional disaggregated disclosures on an entity’s effective tax rate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">reconciliation and additional details on income taxes paid. ASU 2023-09 is effective on a prospective basis, with the option<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">for retrospective application, for annual periods beginning after December 15, 2024 and early adoption is permitted. The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.5pt">adoption of ASU 2023-09 in 2025 did not have a material impact on our consolidated financial statements.<span style="display:inline-block;height:6.93pt"></span></span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">LOANS RECEIVABLE, NET<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:378.71pt">The following table details overall statistics for our loans receivable portfolio ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:89pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:333.75pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:78.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of loans<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:51.39pt"></span></span><span style="left:54.02pt;position:var(--position)">131<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:51.39pt"></span></span><span style="left:54.02pt;position:var(--position)">130<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Principal balance<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">18,154,768<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">19,203,126<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Unfunded loan commitments<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:119.17999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:24.39pt"></span></span><span style="left:31.52pt;position:var(--position)">1,185,004<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:24.39pt"></span></span><span style="left:31.52pt;position:var(--position)">1,263,068<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted-average cash coupon<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:128.02pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.19<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.46<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted-average all-in yield<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:121.88pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.39<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.78<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted-average maximum maturity (years)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:185.43pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.87pt;position:var(--position);text-decoration:none;white-space:pre">2.5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.87pt;position:var(--position);text-decoration:none;white-space:pre">2.1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:211.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:221.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.9pt">Unfunded commitments will primarily be funded to finance our borrowers’ construction or development of real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.96pt">estate-related assets, capital improvements of existing assets, or lease-related expenditures. These commitments will<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:244.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:370.05pt">generally be funded over the term of each loan, subject in certain cases to an expiration date.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.9pt">The weighted-average cash coupon and all-in yield are expressed as a spread over the relevant floating benchmark<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:88.04pt">rates, which include <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:25pt"><span style="-sec-ix-hidden:f-564"><span style="-sec-ix-hidden:f-565">SOFR</span></span><span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:6.79pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:203.52pt">SONIA, EURIBOR, CORRA, and other indices,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.85pt;position:var(--position);text-decoration:none;white-space:pre;width:120.85pt"> as applicable to each loan. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.7pt;position:var(--position);text-decoration:none;white-space:pre;width:23.73pt">As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.32pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.82pt;position:var(--position);text-decoration:none;white-space:pre;width:5.89pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">97%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:363.46pt"> of our loans by principal balance earned a floating rate of interest, primarily indexed to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:290.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25pt">SOFR<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.03pt">. The remaining <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.53pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt">3%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.86pt;position:var(--position);text-decoration:none;white-space:pre;width:282.44pt"> of our loans by principal balance earned a fixed rate of interest. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.3pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.8399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:302.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:202.16pt">substantially all of our loans by principal balance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:3.28pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.94pt;position:var(--position);text-decoration:none;white-space:pre;width:262.5pt">earned a floating rate of interest, primarily indexed to SOFR. In<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:313.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.89pt">addition to cash coupon, all-in yield includes the amortization of deferred origination and extension fees, loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:325.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:306.48pt">origination costs, and purchase discounts, as well as the accrual of exit fees.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.75pt;position:var(--position);text-decoration:none;white-space:pre;width:158.67pt">Excludes loans accounted for under the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:336.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:182.01pt">cost-recovery and nonaccrual methods, if any<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:348.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">Maximum maturity assumes all extension options are exercised by the borrower, however our loans may be repaid<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.41pt">prior to such date. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.91pt;position:var(--position);text-decoration:none;white-space:pre;width:357.67pt">Excludes loans accounted for under the cost-recovery and nonaccrual methods, if any<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:29.82pt">. As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.76pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.26pt;position:var(--position);text-decoration:none;white-space:pre;width:5.61pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.87pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">40%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.2pt;position:var(--position);text-decoration:none;white-space:pre;width:364.2pt"> of our loans by principal balance were subject to yield maintenance or other prepayment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:382.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:65.33pt">restrictions and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">60%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.16pt;position:var(--position);text-decoration:none;white-space:pre;width:3.26pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:265.34pt">were open to repayment by the borrower without penalty. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.76pt;position:var(--position);text-decoration:none;white-space:pre;width:80.06pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.8199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">10%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:11.59pt"> of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:394.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.49pt">our loans by principal balance were subject to yield maintenance or other prepayment restrictions and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.99pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">90%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:23.1pt"> were<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.13pt">open to repayment by the borrower without penalty.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.5pt">The following table details the index rate floors for our loans receivable portfolio as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444pt;position:var(--position);text-decoration:none;white-space:pre;width:83.44pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.44pt;position:var(--position);text-decoration:none;white-space:pre;width:26pt"> ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:440.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:464.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:261.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:74.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:261.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);width:229.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:229.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:53.58pt;position:var(--position);text-decoration:none;white-space:pre">Loans Receivable Principal Balance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Index Rate Floors<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">USD<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.54pt;position:var(--position);white-space:pre">Non-USD<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:54.65pt;position:var(--position);top:-2.3694999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.4005pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:25.74pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fixed Rate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.04pt"></span></span><span style="left:37.67pt;position:var(--position)">348,052<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.04pt"></span></span><span style="left:37.67pt;position:var(--position)">137,445<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.04pt"></span></span><span style="left:37.67pt;position:var(--position)">485,497<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">0.00% or no floor<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:73.72pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:42pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">653,738<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:42pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">4,777,079<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:42pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">5,430,817<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">0.01% to 1.00% floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:57pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">2,549,547<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:57pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,137,577<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:57pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">3,687,124<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">1.01% to 2.00% floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:72pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">715,186<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:72pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,738,172<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:72pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">2,453,358<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2.01% to 3.00% floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:87pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">4,452,606<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:87pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">371,727<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:87pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">4,824,333<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">3.01% or more floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:102pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,043,783<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:102pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">229,856<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:102pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,273,639<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:23.7pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:117pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.54pt"></span></span><span style="left:30.169999999999998pt;position:var(--position)">9,762,912<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:117pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.54pt"></span></span><span style="left:30.169999999999998pt;position:var(--position)">8,391,856<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:117pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:17.54pt"></span></span><span style="left:25.169999999999998pt;position:var(--position)">18,154,768<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:601.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:424.85pt">Includes Euro, British Pound Sterling, Swedish Krona, Australian Dollar, and Canadian Dollar currencies.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.41pt">Includes all impaired loans.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.98pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.48pt;position:var(--position);text-decoration:none;white-space:pre;width:82.08pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.56pt;position:var(--position);text-decoration:none;white-space:pre;width:357.89pt">, the weighted-average index rate floor of our floating-rate loans receivable principal<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.47pt">balance was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.97pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">1.31%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.8pt;position:var(--position);text-decoration:none;white-space:pre;width:390.68pt">. Excluding 0.0% index rate floors and loans with no floor, the weighted-average index rate floor<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:18.04pt">was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.53999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">1.92%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:327.43pt">Activity relating to our loans receivable portfolio was as follows ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:77.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:278.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:278.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.8pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);white-space:pre">Principal<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);white-space:pre">Balance<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.42pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.91pt;position:var(--position);white-space:pre">Deferred Fees /<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.09pt;position:var(--position);white-space:pre">Other Items<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:52.599999999999994pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.8pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19pt;position:var(--position);white-space:pre">Net Book<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.88pt;position:var(--position);white-space:pre">Value<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.86pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.55pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">23,923,719<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.21pt"></span></span><span style="left:29.84pt;position:var(--position)">(136,707)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">23,787,012<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan fundings<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:36.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">1,356,208<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:36.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:36.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">1,356,208<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan repayments, sales, and cost-recovery proceeds<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:51.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(4,663,293)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:51.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(87,993)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:51.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(4,751,286)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Charge-offs<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:66.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(419,849)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:66.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">35,246<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:66.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(384,603)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Transfer to owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:81.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(590,937)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:81.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:81.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(590,937)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">Transfer to other assets, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:130.14pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:96.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(70,248)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:96.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:96.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(70,248)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Payment-in-kind interest, net of interest received<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">16,660<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">16,660<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Unrealized (loss) gain on foreign currency translation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:126.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(349,132)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:126.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">1,406<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:126.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(347,726)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:141.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Deferred fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:141.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:141.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(31,693)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:141.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(31,693)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Amortization of fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">64,133<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">64,133<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.55pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:171.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">19,203,126<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:171.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.21pt"></span></span><span style="left:29.84pt;position:var(--position)">(155,608)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:171.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan fundings<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:186.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">5,617,406<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:186.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:186.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">5,617,406<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:201.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan repayments, sales, and cost-recovery proceeds<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:201.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(6,106,964)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:201.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(26,397)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:201.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(6,133,361)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:216.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">Charge-offs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:67.72999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:216.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(667,227)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:216.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.62pt;position:var(--position);text-decoration:none;white-space:pre">111,111<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:216.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(556,116)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:231.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Transfer to owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:231.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(565,110)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:231.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:231.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(565,110)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">Transfer to other assets, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:130.14pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:246.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(90,197)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:246.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:246.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(90,197)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:261.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Payment-in-kind interest, net of interest received<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">19,535<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">19,535<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:276.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Unrealized gain (loss) on foreign currency translation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:276.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.62pt;position:var(--position);text-decoration:none;white-space:pre">744,199<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:276.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.96pt;position:var(--position);text-decoration:none;white-space:pre">(2,433)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:276.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.62pt;position:var(--position);text-decoration:none;white-space:pre">741,766<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:291.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Deferred fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:291.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:291.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(71,728)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:291.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(71,728)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:306.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Amortization of fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:306.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:306.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">59,421<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:306.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">59,421<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:321.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.55pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:321.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">18,154,768<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:321.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.21pt"></span></span><span style="left:34.84pt;position:var(--position)">(85,634)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:321.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:336.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:336.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(284,440)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:351.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, net, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.75pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:351.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:449.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:133.33pt">Other items primarily consist of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.83pt;position:var(--position);text-decoration:none;white-space:pre;width:334.64pt">purchase and sale discounts or premiums, exit fees, deferred origination expenses,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.31pt">and cost-recovery proceeds<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">This amount relates to: (i) intangible and other assets recorded in connection with loans that were transferred to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.84pt">owned real estate, net of any liabilities recorded upon acquisition, if any; (ii) a loan that was partially satisfied<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.89pt">through the issuance of a note receivable in 2024; and (iii) proceeds from loan repayments that are held in escrow,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:337.08pt">all of which are included within other assets in our consolidated balance sheets. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.58pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.5pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:176.75pt">Excludes a charge-off of CECL reserves of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.25pt;position:var(--position);text-decoration:none;white-space:pre;width:49.09pt">$6.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.34000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:242.04pt"> related to a note receivable issued in 2024 that was deemed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:448.56pt">non-recoverable. This amount was previously recorded in other assets on our consolidated balance sheets. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.06pt;position:var(--position);text-decoration:none;white-space:pre;width:19.42pt">Note<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.5pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">The tables below detail the property type and geographic distribution of the properties securing the loans in our loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:148.17pt">receivable portfolio ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:77pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:92.25pt"></td></tr><tr style="height:13.5pt"><td colspan="9" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:495pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:495pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:215.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:13.5pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Property Type<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:13.5pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:13.5pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:13.5pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:13.5pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:35.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">37<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:35.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,879,422<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:35.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,556,980<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:35.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">27%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Multifamily<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:49.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">46<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,457,767<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,305,534<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:49.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">26<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Industrial<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:63.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:63.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,458,487<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:63.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,114,141<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:63.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">24<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:78pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,940,693<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:78pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,827,133<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:78pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retail<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:92.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:92.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">674,612<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:92.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">596,204<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:92.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:106.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Self-storage<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:106.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:106.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">659,515<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:106.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">492,376<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:106.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:121.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Life Sciences / Studio<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:121.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:121.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">284,079<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:121.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">277,373<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:121.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:135.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">714,559<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:135.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">676,293<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:135.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:150pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">131<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:150pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:150pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">16,846,034<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:150pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:164.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">(284,440)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:178.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:178.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:11.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Geographic Location<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:204pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);white-space:pre">Net Book Value<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.61pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:204pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:204pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:225.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:225.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:225.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:240pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sunbelt<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:240pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">45<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:240pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,715,039<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:240pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">3,918,928<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:240pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">23%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:254.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">West<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:254.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">23<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:254.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,963,032<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:254.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,872,531<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:254.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:268.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northeast<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:268.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:268.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,893,877<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:268.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,800,387<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:268.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:282.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Midwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:282.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:282.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">619,726<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:282.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">609,433<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:282.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:297pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:297pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:297pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">457,215<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:297pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">454,507<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:297pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:311.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:311.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">94<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:311.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">9,648,889<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:311.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">8,655,786<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:311.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">52<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:325.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:339.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">United Kingdom<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:339.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">19<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:339.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">3,595,424<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:339.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">3,582,983<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:339.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:354pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Ireland<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:354pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:354pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,141,770<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:354pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,135,749<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:354pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">7<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:368.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Australia<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:368.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:368.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,104,765<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:368.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,110,648<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:368.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">7<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:382.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Spain<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:382.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:382.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">684,109<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:382.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">638,112<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:382.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:396.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sweden<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:396.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:396.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">502,124<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:396.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">500,917<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:396.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:411pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Canada<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:411pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">455,407<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">288,504<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:411pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:425.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other Europe<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:425.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:425.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">875,579<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:425.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">872,527<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:425.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:439.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:439.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:439.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">61,067<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:439.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">60,808<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:439.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:454.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:454.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">37<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:454.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">8,420,245<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:454.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">8,190,248<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:454.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">48<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:468.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:468.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">131<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:468.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:468.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">16,846,034<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:468.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:483pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:483pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">(284,440)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:497.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:497.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;position:var(--position);top:593.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:0pt;left:61pt;position:var(--position);top:2.43pt;width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:410.85pt">Net loan exposure reflects the amount of each loan that is subject to risk of credit loss to us as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.35pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.66pt">, which is our principal balance net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:60.55pt">$999.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.71pt;position:var(--position);text-decoration:none;white-space:pre;width:115.02pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.73pt;position:var(--position);text-decoration:none;white-space:pre;width:55.55pt">$24.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.28pt;position:var(--position);text-decoration:none;white-space:pre;width:36.15pt"> of cost-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:626pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:297.83pt">recovery proceeds, and (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.33pt;position:var(--position);text-decoration:none;white-space:pre;width:59.95pt">$284.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.28pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.38pt;position:var(--position);text-decoration:none;white-space:pre;width:104pt">Our asset-specific debt is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:636.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:325.42pt">structurally non-recourse and term-matched to the corresponding collateral loans.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:66.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:92.25pt"></td></tr><tr style="height:12.75pt"><td colspan="9" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:495pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:495pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:215.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Property Type<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:12.75pt;width:66.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.4pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:12.75pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:12.75pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:12.75pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:34.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">41<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:34.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">7,386,333<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:34.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">5,729,418<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:34.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">33%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Multifamily<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:49.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">50<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">5,091,767<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,934,364<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:49.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">29<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:64.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:64.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,768,374<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:64.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,663,349<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:64.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Industrial<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:79.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:79.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,030,627<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:79.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,000,831<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:79.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:94.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retail<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:94.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:94.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">555,553<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:94.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">532,069<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:94.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:109.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Life Sciences/Studio<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:109.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:109.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">342,817<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:109.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">337,687<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:109.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:124.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:124.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:124.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">872,047<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:124.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">836,585<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:124.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:139.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.81pt;position:var(--position);text-decoration:none;white-space:pre">130<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:139.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:139.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,034,303<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:139.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:154.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:154.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">(733,936)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:169.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:169.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:9.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:194.25pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Geographic Location<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:194.25pt;width:66.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.4pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:194.25pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:194.25pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:194.25pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:216pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:216pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:216pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:216pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:231pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sunbelt<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:231pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">44<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:231pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,520,632<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:231pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,084,242<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:231pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">24%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northeast<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:246pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:246pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,614,582<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:246pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">3,452,961<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:246pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">20<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:261pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">West<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:261pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:261pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,865,382<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:261pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,746,309<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:261pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">10<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:276pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Midwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:276pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">10<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:276pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">997,156<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:276pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">820,858<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:276pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:291pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:291pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:291pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">432,644<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:291pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">432,794<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:291pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:306pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:306pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">100<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:306pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">12,430,396<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:306pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">10,537,164<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:306pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">62<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:321pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:336pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">United Kingdom<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:336pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:336pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,916,145<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:336pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,839,096<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:336pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:351pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Ireland<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:351pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:351pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,050,276<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:351pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,048,329<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:351pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:366pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Australia<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:366pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:366pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">920,182<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:366pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">923,507<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:366pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:381pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Spain<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:381pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:381pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">785,368<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:381pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">744,287<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:381pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:396pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sweden<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:396pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:396pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">429,084<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:396pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">429,724<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:396pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:411pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other Europe<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:411pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">455,417<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">451,245<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:411pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:426pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:426pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:426pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">60,650<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:426pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">60,951<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:426pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.06pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:441pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:441pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">30<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:441pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">6,617,122<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:441pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">6,497,139<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:441pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">38<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:456pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:456pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.81pt;position:var(--position);text-decoration:none;white-space:pre">130<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:456pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:456pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,034,303<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:456pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:471pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:471pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.71pt;position:var(--position);text-decoration:none;white-space:pre">(733,936)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:486pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:486pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:560pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:571.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:7.22pt">N<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.72pt;position:var(--position);text-decoration:none;white-space:pre;width:403.63pt">et loan exposure reflects the amount of each loan that is subject to risk of credit loss to us as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.35pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:583pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.07pt">, which is our principal balance net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.57pt;position:var(--position);text-decoration:none;white-space:pre;width:46.27pt">$1.2 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.84000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:107.47pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.31pt;position:var(--position);text-decoration:none;white-space:pre;width:59.04pt">$106.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.35pt;position:var(--position);text-decoration:none;white-space:pre;width:68.08pt"> of cost-recovery<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:594.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">p<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.5pt;position:var(--position);text-decoration:none;white-space:pre;width:238.59pt">roceeds, (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:60.21pt">$733.9 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.3pt;position:var(--position);text-decoration:none;white-space:pre;width:42.94pt">, and (iv) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.24pt;position:var(--position);text-decoration:none;white-space:pre;width:60.21pt">$100.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.45pt;position:var(--position);text-decoration:none;white-space:pre;width:3.86pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.31pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">of junior loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:606pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.51pt">interests that we have sold, but that remain included in our consolidated financial statements<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.01pt;position:var(--position);text-decoration:none;white-space:pre;width:22.62pt">. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.63pt;position:var(--position);text-decoration:none;white-space:pre;width:27.27pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.9pt;position:var(--position);text-decoration:none;white-space:pre;width:44.55pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.91pt">discussion of loan participations sold. Our asset-specific debt and loan participations sold are structurally non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:629pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:259.1pt">recourse and term-matched to the corresponding collateral loans.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:58.5pt;position:var(--position);width:81.93pt">Loan Risk Ratings <span style="display:inline-block;height:6.77pt;width:26.07pt"></span></span><span style="left:166.5pt;position:var(--position);width:0pt"><span style="display:inline-block;height:6.77pt;width:36pt"></span></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:96.43pt">As further described in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.93pt;position:var(--position);text-decoration:none;white-space:pre;width:27.44pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.37pt;position:var(--position);text-decoration:none;white-space:pre;width:123.01pt">, we evaluate our loan portfoli<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.38pt;position:var(--position);text-decoration:none;white-space:pre;width:67.57pt">o on a quarterly <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:372.95pt;position:var(--position);text-decoration:none;white-space:pre;width:180.45pt">basis. In conjunction with our quarterly loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:82.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">portfolio review, we assess the risk factors of each loan, and assign a risk rating based on several factors. Factors<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">considered in the assessment include, but are not limited to, risk of loss, origination LTV, debt yield, collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:105.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">performance, structure, exit plan, and sponsorship. Loans are rated “1” (less risk) through “5” (greater risk), which ratings<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.42pt">are defined in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:115.92pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:140.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">The following tables allocate the net book value and net loan exposure balances based on our internal risk ratings ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:152.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.58pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:163.7pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:144pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:129.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:129.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);width:347.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:347.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:141.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:144pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:144pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:51.68pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:12.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:80.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.15pt;position:var(--position);white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:12.75pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.01pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:12.75pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:28.76pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:94.93pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:25.5pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:25.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:89.63pt"></span></span><span style="left:96.75999999999999pt;position:var(--position)">303,971<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:25.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:89.63pt"></span></span><span style="left:96.75999999999999pt;position:var(--position)">302,564<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:39.75pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">20<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:39.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,875,870<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:39.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,704,222<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:54pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">85<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:54pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:86.62pt;position:var(--position);text-decoration:none;white-space:pre">11,907,947<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:54pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:86.62pt;position:var(--position);text-decoration:none;white-space:pre">11,045,913<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:68.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:68.25pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:68.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,806,758<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:68.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,705,706<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:82.5pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:82.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:97.87pt;position:var(--position);text-decoration:none;white-space:pre">174,588<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:82.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:102.37pt;position:var(--position);text-decoration:none;white-space:pre">87,629<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:96.75pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:33.37pt;position:var(--position);text-decoration:none;white-space:pre">131<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:96.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:96.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">16,846,034<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:111pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.89pt;position:var(--position);text-decoration:none;white-space:pre">(284,440)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:125.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:125.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:6pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:145.5pt;width:347.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:347.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:141.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:158.25pt;width:144pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:144pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:51.68pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:158.25pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:80.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.15pt;position:var(--position);white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:158.25pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.01pt;position:var(--position);white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:158.25pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:28.76pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:94.93pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:171pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:171pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:82.88pt"></span></span><span style="left:90.00999999999999pt;position:var(--position)">1,919,280<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:171pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:89.63pt"></span></span><span style="left:96.75999999999999pt;position:var(--position)">994,056<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:185.25pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:185.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">3,346,881<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:185.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">3,349,347<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:199.5pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">65<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:199.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">9,246,692<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:199.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">8,818,346<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:213.75pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">20<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:213.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,707,104<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:213.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,622,877<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:228pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">13<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:228pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">1,827,561<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:228pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">1,249,677<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:242.25pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:33.37pt;position:var(--position);text-decoration:none;white-space:pre">130<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:242.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:242.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">17,034,303<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:256.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.89pt;position:var(--position);text-decoration:none;white-space:pre">(733,936)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:270.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:453.7pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:410.85pt">Net loan exposure reflects the amount of each loan that is subject to risk of credit loss to us as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.35pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.66pt">, which is our principal balance net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:60.55pt">$999.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.71pt;position:var(--position);text-decoration:none;white-space:pre;width:115.02pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.73pt;position:var(--position);text-decoration:none;white-space:pre;width:55.55pt">$24.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.28pt;position:var(--position);text-decoration:none;white-space:pre;width:36.15pt"> of cost-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:486.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:290.68pt">recovery proceeds, and (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.18pt;position:var(--position);text-decoration:none;white-space:pre;width:59.3pt">$284.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.48pt;position:var(--position);text-decoration:none;white-space:pre;width:117.88pt">. Our net loan exposure as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:498.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.52pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:100.93pt"> is our principal balance <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.95pt;position:var(--position);text-decoration:none;white-space:pre;width:38.93pt">net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.88pt;position:var(--position);text-decoration:none;white-space:pre;width:46.57pt">$1.2 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.45pt;position:var(--position);text-decoration:none;white-space:pre;width:108.97pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.42pt;position:var(--position);text-decoration:none;white-space:pre;width:59.34pt">$106.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.76pt;position:var(--position);text-decoration:none;white-space:pre;width:33.73pt"> of cost-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:272pt">recovery proceeds, (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.17pt">$733.9 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.67pt;position:var(--position);text-decoration:none;white-space:pre;width:39.82pt">, and (iv) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.49pt;position:var(--position);text-decoration:none;white-space:pre;width:59.17pt">$100.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.82pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.48pt;position:var(--position);text-decoration:none;white-space:pre;width:35.02pt">of junior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:390.76pt">loan interests that we have sold, but that remain included in our consolidated financial statements<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.26pt;position:var(--position);text-decoration:none;white-space:pre;width:77.14pt">. Our asset-specific<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:532.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.95pt">debt and loan participations sold are structurally non-recourse and term-matched to the corresponding collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:544.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:23.59pt">loans.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:226.7pt">Our loan portfolio had a weighted-average risk rating of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.2pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">3.0<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:297.7pt;position:var(--position);text-decoration:none;white-space:pre;width:115.73pt">, based on net loan exposure,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.43pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.93pt;position:var(--position);text-decoration:none;white-space:pre;width:41.92pt">as of both <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.85pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.39pt;position:var(--position);text-decoration:none;white-space:pre;width:16.93pt"> and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">Current Expected Credit Loss Reserve <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.91pt">The CECL reserves required under GAAP reflect our current estimate of potential credit losses related to the loans included<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:188.06pt">in our consolidated balance sheets. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.56pt;position:var(--position);text-decoration:none;white-space:pre;width:28.58pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.14pt;position:var(--position);text-decoration:none;white-space:pre;width:196.18pt"> for further discussion of our CECL reserves. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.32pt;position:var(--position);text-decoration:none;white-space:pre;width:82.11pt">The following table<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.81pt">presents the activity in our loans receivable CECL reserve by investment pool for the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.31pt;position:var(--position);text-decoration:none;white-space:pre;width:47.79pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.1pt;position:var(--position);text-decoration:none;white-space:pre;width:2.85pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.95pt;position:var(--position);text-decoration:none;white-space:pre;width:79.24pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.19pt;position:var(--position);text-decoration:none;white-space:pre;width:17.28pt"> and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:117.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);white-space:pre">U.S. Loans<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.14pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.08pt;position:var(--position);text-decoration:none;white-space:pre">Non-U.S.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre"> Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">Unique<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre"> Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.64pt;position:var(--position);text-decoration:none;white-space:pre">Impaired<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre"> Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.52pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans Receivable, Net<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">80,057<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">26,141<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">47,087<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">580,651<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">733,936<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Increase in CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">21,123<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">19,329<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">3,378<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">62,790<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">106,620<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Charge-offs of CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.46pt;position:var(--position);text-decoration:none;white-space:pre">(556,116)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.71pt"></span></span><span style="left:13.34pt;position:var(--position)">(556,116)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.12pt;position:var(--position);text-decoration:none;white-space:pre">101,180<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">45,470<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">50,465<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">87,325<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.12pt;position:var(--position);text-decoration:none;white-space:pre">284,440<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">78,335<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">31,560<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">49,371<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">417,670<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">576,936<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Increase (decrease) in CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:24.04pt"></span></span><span style="left:26.669999999999998pt;position:var(--position)">1,722<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.71pt"></span></span><span style="left:23.34pt;position:var(--position)">(5,419)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.71pt"></span></span><span style="left:23.34pt;position:var(--position)">(2,284)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">547,584<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">541,603<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Charge-offs of CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:36.54pt"></span></span><span style="left:39.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:36.54pt"></span></span><span style="left:39.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:36.54pt"></span></span><span style="left:39.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.71pt"></span></span><span style="left:13.34pt;position:var(--position)">(384,603)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.71pt"></span></span><span style="left:13.34pt;position:var(--position)">(384,603)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:157.5pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">80,057<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">26,141<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">47,087<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">580,651<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">733,936<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;position:var(--position);top:295pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.5pt;position:var(--position)"><span style="display:inline-block;height:8.32pt;width:18pt"></span></span></span><div style="font-size:0pt;left:58.5pt;position:var(--position);top:5.32pt;width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.35pt">Includes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.85pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.28pt;position:var(--position);text-decoration:none;white-space:pre;width:230.56pt"> U.S. dollar-denominated loan that is located in Bermuda.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:334.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.04pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.53999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:43.81pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.76pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:151.11pt;position:var(--position);text-decoration:none;white-space:pre;width:79.06pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:230.17pt;position:var(--position);text-decoration:none;white-space:pre;width:79.53pt">, we recorded a net <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.7pt;position:var(--position);text-decoration:none;white-space:pre;width:34.37pt">decrease<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.76pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.83pt;position:var(--position);text-decoration:none;white-space:pre;width:11.09pt">of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.92pt;position:var(--position);text-decoration:none;white-space:pre;width:59.11pt">$449.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.76pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.79pt;position:var(--position);text-decoration:none;white-space:pre;width:133.64pt">in the CECL reserves against our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:346.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:195.82pt">loans receivable portfolio, primarily driven by a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:254.32pt;position:var(--position);text-decoration:none;white-space:pre;width:59.08pt">$493.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.73pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:316.13pt;position:var(--position);text-decoration:none;white-space:pre;width:34.37pt">decrease<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.5pt;position:var(--position);text-decoration:none;white-space:pre;width:202.99pt"> in our asset-specific CECL reserve. This decrease<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.3pt">was driven by charge-offs of our CECL reserves of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.8pt;position:var(--position);text-decoration:none;white-space:pre;width:58.96pt">$556.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.76pt;position:var(--position);text-decoration:none;white-space:pre;width:162.9pt"> primarily related to (i) the resolution of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:488.66pt;position:var(--position);text-decoration:none;white-space:pre;width:19.97pt">eight<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.63pt;position:var(--position);text-decoration:none;white-space:pre;width:44.8pt"> previously<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.53pt">impaired loans resulting in aggregate charge-offs of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.03pt;position:var(--position);text-decoration:none;white-space:pre;width:59.43pt">$338.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.46pt;position:var(--position);text-decoration:none;white-space:pre;width:38.37pt">, and (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.83pt;position:var(--position);text-decoration:none;white-space:pre;width:59.43pt">$218.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.26pt;position:var(--position);text-decoration:none;white-space:pre;width:104.16pt"> of charge-offs related to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:19.96pt">three<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:380.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">previously impaired subordinate loans that were deemed non-recoverable as part of our ongoing assessment of collectibility<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:392.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:139.78pt">of our impaired loan portfolio. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.28pt;position:var(--position);text-decoration:none;white-space:pre;width:355.22pt">These charge-offs of CECL reserves were concentrated in the office sector, with<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:60.8pt">$338.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.3pt;position:var(--position);text-decoration:none;white-space:pre;width:4.45pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.75pt;position:var(--position);text-decoration:none;white-space:pre;width:429.61pt">of such charge-offs, generally driven by adverse trends in the office sector in recent years, including<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:383.1pt">reduced tenant demand for office space and limited liquidity for office assets in capital markets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.6pt;position:var(--position);text-decoration:none;white-space:pre;width:5.18pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.78pt;position:var(--position);text-decoration:none;white-space:pre;width:106.69pt">This decrease in our asset-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:426.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:201.24pt">specific CECL reserve was partially offset by a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.74pt;position:var(--position);text-decoration:none;white-space:pre;width:55.08pt">$43.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.82pt;position:var(--position);text-decoration:none;white-space:pre;width:3.73pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.55pt;position:var(--position);text-decoration:none;white-space:pre;width:32.71pt">increase<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.26pt;position:var(--position);text-decoration:none;white-space:pre;width:202.13pt"> in our general CECL reserve, bringing our total<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:438.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.03pt">loans receivable CECL reserves to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.53pt;position:var(--position);text-decoration:none;white-space:pre;width:58.93pt">$284.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.46000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:24.39pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.85pt;position:var(--position);text-decoration:none;white-space:pre;width:78.7pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.55pt;position:var(--position);text-decoration:none;white-space:pre;width:23.19pt">. The <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:384.74pt;position:var(--position);text-decoration:none;white-space:pre;width:32.71pt">increase<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.45pt;position:var(--position);text-decoration:none;white-space:pre;width:135.87pt"> in our general CECL reserve was<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:97.79pt">primarily as a result of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.29000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:397.04pt">an increase in the historical loss rate used in reserve calculations related to the additional CECL<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:461.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48pt">charge-offs.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.46pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:81.56pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.51999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:96.88pt">, we had an aggregate <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.4pt;position:var(--position);text-decoration:none;white-space:pre;width:55.36pt">$87.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.76pt;position:var(--position);text-decoration:none;white-space:pre;width:167.14pt"> asset-specific CECL reserve related to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.9pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">six<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:498.56pt;position:var(--position);text-decoration:none;white-space:pre;width:54.78pt"> of our loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:496.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:204.98pt">receivable, with a total amortized cost basis of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.48pt;position:var(--position);text-decoration:none;white-space:pre;width:61pt">$174.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.48pt;position:var(--position);text-decoration:none;white-space:pre;width:138.66pt">, net of cost-recovery proceeds. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.14pt;position:var(--position);text-decoration:none;white-space:pre;width:90.27pt">Impairments are each<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:507.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">determined individually as a result of changes in the specific credit quality factors for each such loan. These factors<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">included, among others, (i) the underlying collateral performance, (ii) discussions with the borrower, (iii) borrower events<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.88pt">of default, and (iv) other facts that impact the borrower’s ability to pay the contractual amounts due under the terms of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:542.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:19.7pt">loan.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.2pt;position:var(--position);text-decoration:none;white-space:pre;width:475.28pt"> This asset-specific CECL reserve was recorded based on our estimation of the fair value of each loan’s underlying<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:61.28pt">collateral as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.78pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:577.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:12.22pt">No<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.72pt;position:var(--position);text-decoration:none;white-space:pre;width:392.59pt"> income was recorded on our impaired loans subsequent to determining that they were impaired. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.31pt;position:var(--position);text-decoration:none;white-space:pre;width:31.17pt">During <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:494.48pt;position:var(--position);text-decoration:none;white-space:pre;width:15.05pt">the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.53pt;position:var(--position);text-decoration:none;white-space:pre;width:43.9pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:588.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:81.62pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.12pt;position:var(--position);text-decoration:none;white-space:pre;width:116.42pt">, we received an aggregate <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.53999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:55.39pt">$42.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.93pt;position:var(--position);text-decoration:none;white-space:pre;width:241.4pt"> of cash proceeds from such loans that were applied as a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:600.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:243pt">reduction to the amortized cost basis of each respective loan.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:623.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:26.94pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.44pt;position:var(--position);text-decoration:none;white-space:pre;width:81.04pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:3.75pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.16pt;position:var(--position);text-decoration:none;white-space:pre;width:240.48pt"> of our performing loans with an amortized cost basis of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.64pt;position:var(--position);text-decoration:none;white-space:pre;width:55.1pt">$98.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.74pt;position:var(--position);text-decoration:none;white-space:pre;width:70.59pt"> was in technical<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:635.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">default as a result of the non-payment of an extension fee. The loan was not past its maturity date and was current on its<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:646.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">interest payment, and had a risk rating of “4.” All other borrowers under performing loans were in compliance with the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:658.04pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.9pt">applicable contractual terms of each respective loan, including any required payment of interest.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444.4pt;position:var(--position);text-decoration:none;white-space:pre;width:37.81pt"> Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.21pt;position:var(--position);text-decoration:none;white-space:pre;width:27.04pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.25pt;position:var(--position);text-decoration:none;white-space:pre;width:44.09pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:669.54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:294.99pt">discussion of our policies on revenue recognition and our CECL reserves.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Our primary credit quality indicator is our risk ratings, which are further discussed above. The following tables present the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.61pt">net book value of our loan portfolio as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.11pt;position:var(--position);text-decoration:none;white-space:pre;width:78.94pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.05pt;position:var(--position);text-decoration:none;white-space:pre;width:19.83pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.88pt;position:var(--position);text-decoration:none;white-space:pre;width:78.94pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.82pt;position:var(--position);text-decoration:none;white-space:pre;width:148.61pt">, respectively, by year of origination,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.5pt">investment pool, and risk rating ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:406.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:98.19pt;position:var(--position);white-space:pre">Net Book Value of Loans Receivable by Year of Origination<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:302.25pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:12.75pt;width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:406.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:161.17pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.06pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2022<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2021<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.65pt;position:var(--position);text-decoration:none;white-space:pre">Prior<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:38.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">98,329<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">53,968<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">303,971<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">140,513<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">61,068<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">105,447<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">611,866<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,012<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,088,906<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,870,372<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">274,866<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,714,538<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,928,118<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">456,963<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">6,244,857<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,804<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">582,317<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">961,346<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,911,467<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:109.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,010,885<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">335,934<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,339,463<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">3,220,630<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,642,289<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">9,549,201<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:166.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">652,289<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">480,619<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">654,056<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,786,964<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:180.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,465,305<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">941,669<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,084,707<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">4,491,681<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">366,658<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">366,658<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:209.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:40.13pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:223.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">3,117,594<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">480,619<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,595,725<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,451,365<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">6,645,303<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:252pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:266.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:280.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">877,908<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">293,501<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,171,409<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">528,633<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">528,633<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:309pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:323.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">877,908<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">822,134<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,700,042<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:337.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:351.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:366pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:380.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:394.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:408.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">31,700<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">142,888<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">174,588<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:423pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">31,700<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">142,888<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">174,588<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:437.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:451.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">98,329<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">53,968<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">303,971<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:465.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">792,802<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">61,068<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">586,066<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,265,922<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,012<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,875,870<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:480pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">4,335,677<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">274,866<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,592,446<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,869,787<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,835,171<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:12.37pt;position:var(--position);text-decoration:none;white-space:pre">11,907,947<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:494.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,804<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">582,317<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,856,637<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,806,758<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:508.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">31,700<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">142,888<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">174,588<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:522.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">5,128,479<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">335,934<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">3,697,990<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,848,055<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,058,676<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:537pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:537pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(284,440)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:551.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:551.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:579.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Gross charge-offs<span style="display:inline-block;height:6.24pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:66.78999999999999pt;position:var(--position);top:-2.1839999999999997pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.056pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:22.14pt;position:var(--position);text-decoration:none;white-space:pre">(54,404)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(214,796)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(286,916)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:12.39pt"></span></span><span style="left:19.52pt;position:var(--position)">(556,116)<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:693.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.86pt">Date loan was originated or acquired by us. Origination dates are subsequently updated to reflect material loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:715pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.43pt">modifications.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:726.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:226.99pt">Represents charge-offs by year of origination during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.49pt;position:var(--position);text-decoration:none;white-space:pre;width:43.55pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.54pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.08pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.49pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:406.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:98.19pt;position:var(--position);white-space:pre">Net Book Value of Loans Receivable by Year of Origination<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:302.25pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.49pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:14.25pt;width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:406.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:161.17pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.06pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2022<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2021<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2020<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.65pt;position:var(--position);text-decoration:none;white-space:pre">Prior<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">245,289<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">60,240<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,381,858<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,839,061<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">60,651<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">197,153<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,611,856<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,869,660<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">268,408<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,599,604<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,160,837<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">691,097<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">392,470<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">5,112,416<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">236,780<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,019,672<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">726,513<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,982,965<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">329,059<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,185,211<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">5,037,654<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">751,337<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,500,841<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">10,804,102<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">80,219<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">80,219<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">500,104<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">787,660<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">87,629<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">101,828<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,477,221<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">594,740<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,126,698<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,332,805<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,054,243<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">198,389<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">198,389<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,094,844<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,994,577<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">87,629<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,633,022<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,810,072<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:285pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">814,225<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">265,808<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,080,033<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:299.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">525,750<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">525,750<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:313.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:327.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">814,225<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">791,558<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,605,783<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:342pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:356.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:370.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:384.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:399pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:413.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,388<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,030<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">34,214<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,255,929<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,827,561<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:427.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">170,388<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">367,030<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">34,214<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,255,929<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,827,561<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:441.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:456pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">325,508<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">60,240<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,381,858<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,919,280<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:470.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">60,651<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">697,257<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,399,516<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">87,629<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">101,828<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,346,881<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:484.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">268,408<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,008,569<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,287,535<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">691,097<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,991,083<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">9,246,692<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:498.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">236,780<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,019,672<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,450,652<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,707,104<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:513pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,388<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,030<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">34,214<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,255,929<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,827,561<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:527.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">329,059<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,264,668<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">7,399,261<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">873,180<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">6,181,350<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:541.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:541.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(733,936)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:555.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:555.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:584.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Gross charge-offs<span style="display:inline-block;height:6.24pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:66.78999999999999pt;position:var(--position);top:-2.1839999999999997pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.056pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:22.14pt;position:var(--position);text-decoration:none;white-space:pre">(52,045)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(255,005)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:22.14pt;position:var(--position);text-decoration:none;white-space:pre">(77,553)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:12.39pt"></span></span><span style="left:19.52pt;position:var(--position)">(384,603)<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:0pt;left:58.5pt;position:var(--position);top:2.43pt;width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:669pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.86pt">Date loan was originated or acquired by us. Origination dates are subsequently updated to reflect material loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.43pt">modifications.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:692pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre">Represents charge-offs by year of origination during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.49pt;position:var(--position);text-decoration:none;white-space:pre">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.04pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.54pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.08pt;position:var(--position);text-decoration:none;white-space:pre">.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">Loan Modifications Pursuant to ASC 326<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.18pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.68pt;position:var(--position);text-decoration:none;white-space:pre;width:88.57pt">twelve months ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.25pt;position:var(--position);text-decoration:none;white-space:pre;width:4.33pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.58pt;position:var(--position);text-decoration:none;white-space:pre;width:82.2pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:282.78pt;position:var(--position);text-decoration:none;white-space:pre;width:76.4pt">, we entered into <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.18pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">four<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.84pt;position:var(--position);text-decoration:none;white-space:pre;width:177.55pt"> loan modifications that require disclosure<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:89.29pt">pursuant to ASC 326. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.79000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:23.29pt">Three<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:219.53pt"> of these loans were collateralized by office assets and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.61pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.04pt;position:var(--position);text-decoration:none;white-space:pre;width:148.31pt"> was collateralized by a life sciences/<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.84pt">studio asset.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:118pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:16.65pt">One<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:75.15pt;position:var(--position);text-decoration:none;white-space:pre;width:478.23pt"> of the loan modifications included a term extension combined with an other-than-insignificant payment delay. This<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:176.38pt">loan modification had a term extension of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.88pt;position:var(--position);text-decoration:none;white-space:pre;width:37.06pt">3.8 years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.94pt;position:var(--position);text-decoration:none;white-space:pre;width:281.56pt">, the loan was bifurcated into a separate senior loan and subordinate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:119.66pt">loan, and the borrower paid a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.16pt;position:var(--position);text-decoration:none;white-space:pre;width:48.86pt">$1.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.02pt;position:var(--position);text-decoration:none;white-space:pre;width:150.18pt"> fee upon closing of the modification.<span style="display:inline-block;height:6.93pt"></span></span><span style="color:#ee2724;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.51pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.71pt;position:var(--position);text-decoration:none;white-space:pre;width:173.72pt">We are accruing interest on the senior loan,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:152.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">which is paying interest current, and deferring interest on the subordinate loan that is paying interest in-kind. As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:164pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.34pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.84pt;position:var(--position);text-decoration:none;white-space:pre;width:176.8pt">, the amortized cost basis of this loan was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.64pt;position:var(--position);text-decoration:none;white-space:pre;width:59.75pt">$242.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.39pt;position:var(--position);text-decoration:none;white-space:pre;width:17.63pt">, or <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.02pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt">1.3%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.85pt;position:var(--position);text-decoration:none;white-space:pre;width:139.59pt"> of our aggregate loans receivable<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:175.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:65.77pt">portfolio, with <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.27pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:419.17pt"> unfunded commitments. This loan was in compliance with its modified contractual terms as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:187pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.14pt">The other <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.64pt;position:var(--position);text-decoration:none;white-space:pre;width:19.96pt">three<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.6pt;position:var(--position);text-decoration:none;white-space:pre;width:79.21pt"> loan modifications<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.81pt;position:var(--position);text-decoration:none;white-space:pre;width:352.57pt"> included term extensions combined with other-than-insignificant payment delays and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:333.48pt">interest rate reductions. The first loan modification included a term extension of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.98pt;position:var(--position);text-decoration:none;white-space:pre;width:35.07pt">one year<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:427.05pt;position:var(--position);text-decoration:none;white-space:pre;width:126.37pt">, the interest rate on the senior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.24pt">loan decreased by <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:133.74pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">2.43%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.57pt;position:var(--position);text-decoration:none;white-space:pre;width:87.86pt">, the borrower repaid <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.43pt;position:var(--position);text-decoration:none;white-space:pre;width:54.24pt">$25.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.66999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:251.69pt"> upon closing of the modification, and the loan was bifurcated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:245pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">into a separate senior loan and subordinate loan. The senior loan is paying interest partially current, and partially in-kind,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">while the subordinate loan is paying interest in-kind. We are accruing all of the interest on the senior loan and deferring<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:386.94pt">interest on the subordinate loan. The second loan modification included a term extension of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.44pt;position:var(--position);text-decoration:none;white-space:pre;width:37.42pt">4.3 years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.86pt;position:var(--position);text-decoration:none;white-space:pre;width:70.57pt">, the interest rate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:55.73pt">decreased by <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.22999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">3.56%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.06pt;position:var(--position);text-decoration:none;white-space:pre;width:413.39pt">, and the loan was bifurcated into a separate senior loan and subordinate loan. We are accruing all of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">the interest on the senior loan that is paying current, and deferring interest income on the subordinate loan, which is paid-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:302.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:279.26pt">in-kind. The third loan modification included a term extension of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:337.76pt;position:var(--position);text-decoration:none;white-space:pre;width:37.73pt">4.3 years<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.49pt;position:var(--position);text-decoration:none;white-space:pre;width:133.32pt">, the interest rate decreased by <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.81pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">4.19%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.64pt;position:var(--position);text-decoration:none;white-space:pre;width:18.85pt">, the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.9pt">borrower repaid <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.4pt;position:var(--position);text-decoration:none;white-space:pre;width:54pt">$12.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.4pt;position:var(--position);text-decoration:none;white-space:pre;width:373.92pt"> upon closing of the modification, and the loan was bifurcated into a separate senior loan and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:325.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">subordinate loan. We are accruing all of the interest on the senior loan that is paying current and deferring interest income<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:215.06pt">on the subordinate loan, which is paid-in-kind. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.56pt;position:var(--position);text-decoration:none;white-space:pre;width:78.9pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.46pt;position:var(--position);text-decoration:none;white-space:pre;width:200.9pt">, the aggregate amortized cost basis of these loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:348.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:19.53pt">was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.03pt;position:var(--position);text-decoration:none;white-space:pre;width:60.34pt">$387.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.37pt;position:var(--position);text-decoration:none;white-space:pre;width:18.81pt">, or <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.18pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt">2.1%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.01pt;position:var(--position);text-decoration:none;white-space:pre;width:265.97pt"> of our aggregate loans receivable portfolio, with an aggregate <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.98pt;position:var(--position);text-decoration:none;white-space:pre;width:55.34pt">$68.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.32pt;position:var(--position);text-decoration:none;white-space:pre;width:54.07pt"> of unfunded<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:360pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:362.85pt">commitments. These loans were in compliance with their modified contractual terms as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.35pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:383.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:15.51pt">All <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.01pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">four<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.67pt;position:var(--position);text-decoration:none;white-space:pre;width:144.6pt"> of these loans had a risk rating of “<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.27pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">5<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.27pt;position:var(--position);text-decoration:none;white-space:pre;width:313.13pt">” at the time of modification. In aggregate, these modifications resulted in the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.6pt">bifurcation of all <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.1pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">four<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.76pt;position:var(--position);text-decoration:none;white-space:pre;width:218.14pt"> loans into separate senior and subordinate loans, or <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.9pt;position:var(--position);text-decoration:none;white-space:pre;width:19.97pt">eight<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:385.87pt;position:var(--position);text-decoration:none;white-space:pre;width:110.56pt"> loans in aggregate. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.43pt;position:var(--position);text-decoration:none;white-space:pre;width:57.03pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:406.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:5.51pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.01pt;position:var(--position);text-decoration:none;white-space:pre;width:19.96pt">three<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.97pt;position:var(--position);text-decoration:none;white-space:pre;width:269.36pt"> of the newly bifurcated senior loans had a risk rating of “4,” and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.33pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.76pt;position:var(--position);text-decoration:none;white-space:pre;width:121.45pt"> had a risk rating of “3.” The <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.21pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">four<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.87pt;position:var(--position);text-decoration:none;white-space:pre;width:27.43pt"> newly<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:418pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.51pt">bifurcated subordinate loans all had a risk rating of “5.”<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.86pt">Loans with a risk rating of “3” and “4” are included in the determination of our general CECL reserve and loans with a risk<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">rating of “5” have an asset-specific CECL reserve. Loan modifications that allow the option to pay interest in-kind increase<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:464.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">our potential economics and the size of our secured claim, as interest is capitalized and added to the outstanding principal<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:145.53pt">balance for applicable loans. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:204.03pt;position:var(--position);text-decoration:none;white-space:pre;width:79.98pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:284.01pt;position:var(--position);text-decoration:none;white-space:pre;width:5.72pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.73pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.73pt;position:var(--position);text-decoration:none;white-space:pre;width:253.74pt"> income was recorded on our loans subsequent to determining<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:158.39pt">that they were impaired and risk rated “<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.89pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">5<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.89pt;position:var(--position);text-decoration:none;white-space:pre;width:6.93pt">.”<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:378.71pt">The following table details overall statistics for our loans receivable portfolio ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);top:89pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:333.75pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:78.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Number of loans<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:51.39pt"></span></span><span style="left:54.02pt;position:var(--position)">131<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:51.39pt"></span></span><span style="left:54.02pt;position:var(--position)">130<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Principal balance<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">18,154,768<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">19,203,126<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.89pt"></span></span><span style="left:27.02pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Unfunded loan commitments<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:119.17999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:24.39pt"></span></span><span style="left:31.52pt;position:var(--position)">1,185,004<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:24.39pt"></span></span><span style="left:31.52pt;position:var(--position)">1,263,068<span style="display:inline-block;height:6.24pt;width:10.48pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted-average cash coupon<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:128.02pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.19<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.46<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted-average all-in yield<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:121.88pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.39<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:44.45pt;position:var(--position)"><span style="display:inline-block;height:6.24pt"></span></span><span style="left:44.45pt;position:var(--position)">+ 3.78<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span><span style="left:70.51pt;position:var(--position)">%<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:333.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:333.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Weighted-average maximum maturity (years)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:185.43pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:333.75pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.87pt;position:var(--position);text-decoration:none;white-space:pre">2.5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:58.87pt;position:var(--position);text-decoration:none;white-space:pre">2.1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:211.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:221.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.9pt">Unfunded commitments will primarily be funded to finance our borrowers’ construction or development of real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:233.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.96pt">estate-related assets, capital improvements of existing assets, or lease-related expenditures. These commitments will<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:244.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:370.05pt">generally be funded over the term of each loan, subject in certain cases to an expiration date.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.9pt">The weighted-average cash coupon and all-in yield are expressed as a spread over the relevant floating benchmark<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:88.04pt">rates, which include <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:173.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:25pt"><span style="-sec-ix-hidden:f-564"><span style="-sec-ix-hidden:f-565">SOFR</span></span><span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.54000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:6.79pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:203.52pt">SONIA, EURIBOR, CORRA, and other indices,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.85pt;position:var(--position);text-decoration:none;white-space:pre;width:120.85pt"> as applicable to each loan. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:529.7pt;position:var(--position);text-decoration:none;white-space:pre;width:23.73pt">As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.32pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.82pt;position:var(--position);text-decoration:none;white-space:pre;width:5.89pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.70999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">97%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:363.46pt"> of our loans by principal balance earned a floating rate of interest, primarily indexed to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:290.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25pt">SOFR<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.03pt">. The remaining <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.53pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt">3%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.86pt;position:var(--position);text-decoration:none;white-space:pre;width:282.44pt"> of our loans by principal balance earned a fixed rate of interest. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.3pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.8399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:302.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:202.16pt">substantially all of our loans by principal balance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.65999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:3.28pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.94pt;position:var(--position);text-decoration:none;white-space:pre;width:262.5pt">earned a floating rate of interest, primarily indexed to SOFR. In<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:313.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.89pt">addition to cash coupon, all-in yield includes the amortization of deferred origination and extension fees, loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:325.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:306.48pt">origination costs, and purchase discounts, as well as the accrual of exit fees.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.75pt;position:var(--position);text-decoration:none;white-space:pre;width:158.67pt">Excludes loans accounted for under the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:336.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:182.01pt">cost-recovery and nonaccrual methods, if any<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:348.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">Maximum maturity assumes all extension options are exercised by the borrower, however our loans may be repaid<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.41pt">prior to such date. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.91pt;position:var(--position);text-decoration:none;white-space:pre;width:357.67pt">Excludes loans accounted for under the cost-recovery and nonaccrual methods, if any<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:29.82pt">. As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.76pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.26pt;position:var(--position);text-decoration:none;white-space:pre;width:5.61pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:170.87pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">40%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.2pt;position:var(--position);text-decoration:none;white-space:pre;width:364.2pt"> of our loans by principal balance were subject to yield maintenance or other prepayment<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:382.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:65.33pt">restrictions and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:150.82999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">60%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:169.16pt;position:var(--position);text-decoration:none;white-space:pre;width:3.26pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:265.34pt">were open to repayment by the borrower without penalty. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.76pt;position:var(--position);text-decoration:none;white-space:pre;width:80.06pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.8199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:523.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">10%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:11.59pt"> of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:394.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:426.49pt">our loans by principal balance were subject to yield maintenance or other prepayment restrictions and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.99pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">90%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:23.1pt"> were<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:208.13pt">open to repayment by the borrower without penalty.<span style="display:inline-block;height:6.93pt"></span></span></div> 131 130 18154768000 19203126000 17784694000 18313582000 1185004000 1263068000 0.0319 0.0346 0.0339 0.0378 P2Y6M P2Y1M6D 0.97 0.03 0.40 0.60 0.10 0.90 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:385.5pt">The following table details the index rate floors for our loans receivable portfolio as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:444pt;position:var(--position);text-decoration:none;white-space:pre;width:83.44pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.44pt;position:var(--position);text-decoration:none;white-space:pre;width:26pt"> ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:440.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:464.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:261.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:74.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:261.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);width:229.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:229.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:53.58pt;position:var(--position);text-decoration:none;white-space:pre">Loans Receivable Principal Balance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Index Rate Floors<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">USD<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:13.54pt;position:var(--position);white-space:pre">Non-USD<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:54.65pt;position:var(--position);top:-2.3694999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.4005pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:25.74pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Fixed Rate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.04pt"></span></span><span style="left:37.67pt;position:var(--position)">348,052<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.04pt"></span></span><span style="left:37.67pt;position:var(--position)">137,445<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.04pt"></span></span><span style="left:37.67pt;position:var(--position)">485,497<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">0.00% or no floor<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:73.72pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:42pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">653,738<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:42pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">4,777,079<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:42pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">5,430,817<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">0.01% to 1.00% floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:57pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">2,549,547<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:57pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,137,577<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:57pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">3,687,124<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">1.01% to 2.00% floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:72pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">715,186<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:72pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,738,172<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:72pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">2,453,358<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2.01% to 3.00% floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:87pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">4,452,606<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:87pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">371,727<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:87pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">4,824,333<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">3.01% or more floor<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:102pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,043,783<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:102pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.12pt;position:var(--position);text-decoration:none;white-space:pre">229,856<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:102pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:31.62pt;position:var(--position);text-decoration:none;white-space:pre">1,273,639<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:261.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:261.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:23.7pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:117pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.54pt"></span></span><span style="left:30.169999999999998pt;position:var(--position)">9,762,912<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:117pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.54pt"></span></span><span style="left:30.169999999999998pt;position:var(--position)">8,391,856<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:117pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:17.54pt"></span></span><span style="left:25.169999999999998pt;position:var(--position)">18,154,768<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:601.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:610.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:424.85pt">Includes Euro, British Pound Sterling, Swedish Krona, Australian Dollar, and Canadian Dollar currencies.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:110.41pt">Includes all impaired loans.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.98pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.48pt;position:var(--position);text-decoration:none;white-space:pre;width:82.08pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.56pt;position:var(--position);text-decoration:none;white-space:pre;width:357.89pt">, the weighted-average index rate floor of our floating-rate loans receivable principal<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.47pt">balance was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.97pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">1.31%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.8pt;position:var(--position);text-decoration:none;white-space:pre;width:390.68pt">. Excluding 0.0% index rate floors and loans with no floor, the weighted-average index rate floor<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:18.04pt">was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.53999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">1.92%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div> 348052000 137445000 485497000 653738000 4777079000 5430817000 2549547000 1137577000 3687124000 715186000 1738172000 2453358000 4452606000 371727000 4824333000 1043783000 229856000 1273639000 9762912000 8391856000 18154768000 0.0131 0.0192 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:327.43pt">Activity relating to our loans receivable portfolio was as follows ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:77.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:278.25pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:278.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.8pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.11pt;position:var(--position);white-space:pre">Principal<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.33pt;position:var(--position);white-space:pre">Balance<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:48.42pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.91pt;position:var(--position);white-space:pre">Deferred Fees /<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.09pt;position:var(--position);white-space:pre">Other Items<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:52.599999999999994pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.8pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19pt;position:var(--position);white-space:pre">Net Book<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:69.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.88pt;position:var(--position);white-space:pre">Value<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:44.86pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.55pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">23,923,719<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.21pt"></span></span><span style="left:29.84pt;position:var(--position)">(136,707)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:21.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">23,787,012<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan fundings<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:36.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">1,356,208<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:36.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:36.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">1,356,208<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan repayments, sales, and cost-recovery proceeds<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:51.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(4,663,293)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:51.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(87,993)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:51.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(4,751,286)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Charge-offs<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:66.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(419,849)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:66.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">35,246<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:66.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(384,603)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Transfer to owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:81.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(590,937)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:81.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:81.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(590,937)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">Transfer to other assets, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:130.14pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:96.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(70,248)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:96.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:96.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(70,248)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Payment-in-kind interest, net of interest received<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">16,660<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:111.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">16,660<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:126.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Unrealized (loss) gain on foreign currency translation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:126.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(349,132)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:126.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">1,406<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:126.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(347,726)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:141.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Deferred fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:141.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:141.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(31,693)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:141.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(31,693)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Amortization of fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">64,133<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:156.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">64,133<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.55pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:171.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">19,203,126<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:171.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:22.21pt"></span></span><span style="left:29.84pt;position:var(--position)">(155,608)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:171.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:186.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan fundings<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:186.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">5,617,406<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:186.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:186.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.12pt;position:var(--position);text-decoration:none;white-space:pre">5,617,406<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:201.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Loan repayments, sales, and cost-recovery proceeds<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:201.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(6,106,964)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:201.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(26,397)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:201.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.46pt;position:var(--position);text-decoration:none;white-space:pre">(6,133,361)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:216.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">Charge-offs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:67.72999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:216.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(667,227)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:216.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.62pt;position:var(--position);text-decoration:none;white-space:pre">111,111<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:216.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(556,116)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:231.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Transfer to owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:231.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(565,110)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:231.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:231.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(565,110)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">Transfer to other assets, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:130.14pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:246.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(90,197)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:246.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:246.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(90,197)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:261.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Payment-in-kind interest, net of interest received<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">19,535<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:261.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">19,535<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:276.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Unrealized gain (loss) on foreign currency translation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:276.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.62pt;position:var(--position);text-decoration:none;white-space:pre">744,199<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:276.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.96pt;position:var(--position);text-decoration:none;white-space:pre">(2,433)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:276.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.62pt;position:var(--position);text-decoration:none;white-space:pre">741,766<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:291.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Deferred fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:291.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:291.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(71,728)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:291.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.96pt;position:var(--position);text-decoration:none;white-space:pre">(71,728)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:306.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Amortization of fees and other items<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:306.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:57.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:306.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">59,421<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:306.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:39.62pt;position:var(--position);text-decoration:none;white-space:pre">59,421<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:321.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.55pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:278.25pt;position:var(--position);top:321.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">18,154,768<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:321.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.21pt"></span></span><span style="left:34.84pt;position:var(--position)">(85,634)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:321.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:336.75pt;width:278.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:336.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.96pt;position:var(--position);text-decoration:none;white-space:pre">(284,440)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:351.75pt;width:278.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:278.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loans Receivable, net, as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.75pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:351.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.04pt"></span></span><span style="left:20.669999999999998pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:449.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:133.33pt">Other items primarily consist of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.83pt;position:var(--position);text-decoration:none;white-space:pre;width:334.64pt">purchase and sale discounts or premiums, exit fees, deferred origination expenses,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:472.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.31pt">and cost-recovery proceeds<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">This amount relates to: (i) intangible and other assets recorded in connection with loans that were transferred to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.84pt">owned real estate, net of any liabilities recorded upon acquisition, if any; (ii) a loan that was partially satisfied<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.89pt">through the issuance of a note receivable in 2024; and (iii) proceeds from loan repayments that are held in escrow,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:337.08pt">all of which are included within other assets in our consolidated balance sheets. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.58pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.5pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:176.75pt">Excludes a charge-off of CECL reserves of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.25pt;position:var(--position);text-decoration:none;white-space:pre;width:49.09pt">$6.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:311.34000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:242.04pt"> related to a note receivable issued in 2024 that was deemed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:448.56pt">non-recoverable. This amount was previously recorded in other assets on our consolidated balance sheets. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.06pt;position:var(--position);text-decoration:none;white-space:pre;width:19.42pt">Note<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.5pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div> 23923719000 -136707000 23787012000 1356208000 1356208000 4663293000 87993000 4751286000 419849000 35246000 384603000 590937000 590937000 70248000 70248000 16660000 16660000 -349132000 -1406000 -347726000 31693000 31693000 64133000 64133000 19203126000 -155608000 19047518000 5617406000 5617406000 6106964000 26397000 6133361000 667227000 111111000 556116000 565110000 565110000 90197000 90197000 19535000 19535000 744199000 2433000 741766000 71728000 71728000 59421000 59421000 18154768000 -85634000 18069134000 284440000 17784694000 6800000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.83pt">The tables below detail the property type and geographic distribution of the properties securing the loans in our loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:148.17pt">receivable portfolio ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:77pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:92.25pt"></td></tr><tr style="height:13.5pt"><td colspan="9" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:495pt"><div><div style="line-height:8pt;position:var(--position);top:4.87pt;width:495pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:215.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:13.5pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Property Type<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:13.5pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:13.5pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:13.5pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:13.5pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:35.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:35.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">37<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:35.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,879,422<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:35.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,556,980<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:35.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">27%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Multifamily<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:49.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">46<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,457,767<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,305,534<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:49.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">26<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Industrial<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:63.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:63.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,458,487<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:63.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,114,141<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:63.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">24<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:78pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:78pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,940,693<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:78pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,827,133<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:78pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:92.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retail<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:92.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:92.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">674,612<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:92.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">596,204<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:92.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:106.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Self-storage<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:106.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:106.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">659,515<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:106.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">492,376<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:106.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:121.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Life Sciences / Studio<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:121.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:121.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">284,079<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:121.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">277,373<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:121.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:135.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:135.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:135.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">714,559<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:135.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">676,293<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:135.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:150pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">131<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:150pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:150pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">16,846,034<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:150pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:164.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:164.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">(284,440)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:178.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:178.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:11.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:204pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Geographic Location<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:204pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.9pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:204pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);white-space:pre">Net Book Value<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:69.61pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:204pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:204pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:225.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:225.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:225.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:225.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:240pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sunbelt<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:240pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">45<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:240pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,715,039<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:240pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">3,918,928<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:240pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">23%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:254.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">West<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:254.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">23<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:254.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,963,032<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:254.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,872,531<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:254.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:268.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northeast<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:268.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:268.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,893,877<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:268.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,800,387<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:268.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:282.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Midwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:282.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:282.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">619,726<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:282.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">609,433<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:282.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:297pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:297pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:297pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">457,215<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:297pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">454,507<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:297pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:311.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:311.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">94<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:311.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">9,648,889<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:311.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">8,655,786<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:311.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">52<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:325.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:339.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">United Kingdom<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:339.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">19<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:339.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">3,595,424<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:339.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">3,582,983<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:339.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:354pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Ireland<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:354pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:354pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,141,770<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:354pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,135,749<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:354pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">7<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:368.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Australia<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:368.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:368.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,104,765<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:368.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,110,648<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:368.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">7<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:382.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Spain<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:382.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:382.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">684,109<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:382.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">638,112<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:382.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:396.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sweden<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:396.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:396.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">502,124<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:396.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">500,917<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:396.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:411pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Canada<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:411pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">455,407<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">288,504<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:411pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:425.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other Europe<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:425.25pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:425.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">875,579<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:425.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">872,527<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:425.25pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:439.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:439.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:32.37pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:439.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">61,067<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:439.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">60,808<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:439.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:454.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:454.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.87pt;position:var(--position);text-decoration:none;white-space:pre">37<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:454.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">8,420,245<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:454.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">8,190,248<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:454.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">48<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:468.75pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:468.75pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:27.37pt;position:var(--position);text-decoration:none;white-space:pre">131<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:468.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:314.25pt;position:var(--position);top:468.75pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">16,846,034<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:468.75pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:483pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:483pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">(284,440)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:497.25pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:497.25pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;position:var(--position);top:593.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:0pt;left:61pt;position:var(--position);top:2.43pt;width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:605pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:410.85pt">Net loan exposure reflects the amount of each loan that is subject to risk of credit loss to us as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.35pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.66pt">, which is our principal balance net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:60.55pt">$999.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.71pt;position:var(--position);text-decoration:none;white-space:pre;width:115.02pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.73pt;position:var(--position);text-decoration:none;white-space:pre;width:55.55pt">$24.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.28pt;position:var(--position);text-decoration:none;white-space:pre;width:36.15pt"> of cost-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:626pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:297.83pt">recovery proceeds, and (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.33pt;position:var(--position);text-decoration:none;white-space:pre;width:59.95pt">$284.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.28pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.38pt;position:var(--position);text-decoration:none;white-space:pre;width:104pt">Our asset-specific debt is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:636.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:325.42pt">structurally non-recourse and term-matched to the corresponding collateral loans.<span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:150pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:66.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:85.5pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:92.25pt"></td></tr><tr style="height:12.75pt"><td colspan="9" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:495pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:495pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:215.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Property Type<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:12.75pt;width:66.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.4pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:12.75pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:12.75pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:12.75pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:34.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">41<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:34.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">7,386,333<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:34.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">5,729,418<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:34.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">33%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Multifamily<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:49.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">50<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">5,091,767<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:49.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,934,364<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:49.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">29<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:64.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:64.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,768,374<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:64.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,663,349<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:64.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Industrial<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:79.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:79.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,030,627<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:79.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,000,831<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:79.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:94.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Retail<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:94.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:94.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">555,553<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:94.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">532,069<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:94.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:109.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Life Sciences/Studio<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:109.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:109.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">342,817<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:109.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">337,687<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:109.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:124.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:124.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:124.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">872,047<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:124.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">836,585<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:124.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:139.5pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.81pt;position:var(--position);text-decoration:none;white-space:pre">130<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:139.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:139.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,034,303<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:139.5pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:154.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:154.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.96pt"></span></span><span style="left:45.59pt;position:var(--position)">(733,936)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:169.5pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:169.5pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:9.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:194.25pt;width:150pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Geographic Location<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:194.25pt;width:66.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.4pt;position:var(--position);text-decoration:none;white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:194.25pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.88pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:194.25pt;width:85.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:85.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.63pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:72.8pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:194.25pt;width:92.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.04pt;position:var(--position);text-decoration:none;white-space:pre">Net Loan Exposure <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.83pt;position:var(--position);text-decoration:none;white-space:pre">Percentage of Portfolio<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:216pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">United States<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:216pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:216pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:216pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:231pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sunbelt<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:231pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">44<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:231pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,520,632<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:231pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:33.79pt"></span></span><span style="left:41.42pt;position:var(--position)">4,084,242<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:231pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.9pt;position:var(--position);text-decoration:none;white-space:pre">24%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:246pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northeast<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:246pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:246pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">4,614,582<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:246pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">3,452,961<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:246pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">20<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:261pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">West<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:261pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:261pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,865,382<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:261pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,746,309<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:261pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">10<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:276pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Midwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:276pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">10<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:276pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">997,156<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:276pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">820,858<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:276pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:291pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Northwest<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:291pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:291pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">432,644<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:291pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">432,794<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:291pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:306pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:306pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.87pt;position:var(--position);text-decoration:none;white-space:pre">100<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:306pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">12,430,396<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:306pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">10,537,164<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:306pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">62<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:321pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:336pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">United Kingdom<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:336pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:336pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,916,145<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:336pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">2,839,096<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:336pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:351pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Ireland<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:351pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:351pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,050,276<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:351pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">1,048,329<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:351pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:366pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Australia<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:366pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:366pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">920,182<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:366pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">923,507<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:366pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:381pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Spain<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:381pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:381pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">785,368<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:381pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">744,287<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:381pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:396pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Sweden<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:396pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:396pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">429,084<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:396pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">429,724<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:396pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:411pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other Europe<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:411pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">455,417<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:411pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:50.37pt;position:var(--position);text-decoration:none;white-space:pre">451,245<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:411pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.62pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:426pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Other International<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:426pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.87pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:426pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">60,650<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:426pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.37pt;position:var(--position);text-decoration:none;white-space:pre">60,951<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:426pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.06pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:441pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Subtotal<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:441pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.37pt;position:var(--position);text-decoration:none;white-space:pre">30<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:441pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">6,617,122<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:441pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:42.87pt;position:var(--position);text-decoration:none;white-space:pre">6,497,139<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:441pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.12pt;position:var(--position);text-decoration:none;white-space:pre">38<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:456pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153.75pt;position:var(--position);top:456pt;width:66.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:66.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:26.81pt;position:var(--position);text-decoration:none;white-space:pre">130<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:456pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:313.5pt;position:var(--position);top:456pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">17,034,303<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:402.75pt;position:var(--position);top:456pt;width:92.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:92.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:471pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:471pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.71pt;position:var(--position);text-decoration:none;white-space:pre">(733,936)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:486pt;width:150pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:150pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:224.25pt;position:var(--position);top:486pt;width:85.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:85.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.79pt"></span></span><span style="left:36.42pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:560pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:571.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:7.22pt">N<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.72pt;position:var(--position);text-decoration:none;white-space:pre;width:403.63pt">et loan exposure reflects the amount of each loan that is subject to risk of credit loss to us as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.35pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:583pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.5pt;position:var(--position);text-decoration:none;white-space:pre;width:167.07pt">, which is our principal balance net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.57pt;position:var(--position);text-decoration:none;white-space:pre;width:46.27pt">$1.2 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:318.84000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:107.47pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.31pt;position:var(--position);text-decoration:none;white-space:pre;width:59.04pt">$106.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.35pt;position:var(--position);text-decoration:none;white-space:pre;width:68.08pt"> of cost-recovery<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:594.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">p<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.5pt;position:var(--position);text-decoration:none;white-space:pre;width:238.59pt">roceeds, (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.09000000000003pt;position:var(--position);text-decoration:none;white-space:pre;width:60.21pt">$733.9 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.3pt;position:var(--position);text-decoration:none;white-space:pre;width:42.94pt">, and (iv) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.24pt;position:var(--position);text-decoration:none;white-space:pre;width:60.21pt">$100.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.45pt;position:var(--position);text-decoration:none;white-space:pre;width:3.86pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.31pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">of junior loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:606pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:373.51pt">interests that we have sold, but that remain included in our consolidated financial statements<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.01pt;position:var(--position);text-decoration:none;white-space:pre;width:22.62pt">. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:481.63pt;position:var(--position);text-decoration:none;white-space:pre;width:27.27pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.9pt;position:var(--position);text-decoration:none;white-space:pre;width:44.55pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:617.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.91pt">discussion of loan participations sold. Our asset-specific debt and loan participations sold are structurally non-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:629pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:259.1pt">recourse and term-matched to the corresponding collateral loans.<span style="display:inline-block;height:6.93pt"></span></span></div></div> 37 4879422000 4556980000 0.27 46 4457767000 4305534000 0.26 21 4458487000 4114141000 0.24 12 1940693000 1827133000 0.11 6 674612000 596204000 0.03 3 659515000 492376000 0.03 4 284079000 277373000 0.02 2 714559000 676293000 0.04 131 18069134000 16846034000 1 284440000 17784694000 45 4715039000 3918928000 0.23 23 1963032000 1872531000 0.11 17 1893877000 1800387000 0.11 6 619726000 609433000 0.04 3 457215000 454507000 0.03 94 9648889000 8655786000 0.52 19 3595424000 3582983000 0.21 3 1141770000 1135749000 0.07 4 1104765000 1110648000 0.07 2 684109000 638112000 0.04 1 502124000 500917000 0.03 1 455407000 288504000 0.02 6 875579000 872527000 0.04 1 61067000 60808000 0 37 8420245000 8190248000 0.48 131 18069134000 16846034000 1 284440000 17784694000 999800000 24500000 284400000 41 7386333000 5729418000 0.33 50 5091767000 4934364000 0.29 16 2768374000 2663349000 0.16 11 2030627000 2000831000 0.12 5 555553000 532069000 0.03 3 342817000 337687000 0.02 4 872047000 836585000 0.05 130 19047518000 17034303000 1 733936000 18313582000 44 4520632000 4084242000 0.24 21 4614582000 3452961000 0.20 21 1865382000 1746309000 0.10 10 997156000 820858000 0.05 4 432644000 432794000 0.03 100 12430396000 10537164000 0.62 16 2916145000 2839096000 0.17 3 1050276000 1048329000 0.06 3 920182000 923507000 0.05 3 785368000 744287000 0.04 1 429084000 429724000 0.02 3 455417000 451245000 0.04 1 60650000 60951000 0 30 6617122000 6497139000 0.38 130 19047518000 17034303000 1 733936000 18313582000 1200000000 106700000 733900000 100100000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">The following tables allocate the net book value and net loan exposure balances based on our internal risk ratings ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:152.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.58pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:163.7pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:144pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:129.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:129.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);width:347.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:347.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:141.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:144pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:144pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:51.68pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:12.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:80.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.15pt;position:var(--position);white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:12.75pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.01pt;position:var(--position);text-decoration:none;white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:12.75pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:28.76pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:94.93pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:25.5pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:25.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:89.63pt"></span></span><span style="left:96.75999999999999pt;position:var(--position)">303,971<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:25.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:89.63pt"></span></span><span style="left:96.75999999999999pt;position:var(--position)">302,564<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:39.75pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">20<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:39.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,875,870<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:39.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,704,222<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:54pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">85<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:54pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:86.62pt;position:var(--position);text-decoration:none;white-space:pre">11,907,947<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:54pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:86.62pt;position:var(--position);text-decoration:none;white-space:pre">11,045,913<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:68.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:68.25pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:68.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,806,758<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:68.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,705,706<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:82.5pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:37.87pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:82.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:97.87pt;position:var(--position);text-decoration:none;white-space:pre">174,588<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:82.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:102.37pt;position:var(--position);text-decoration:none;white-space:pre">87,629<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:96.75pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:33.37pt;position:var(--position);text-decoration:none;white-space:pre">131<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:96.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:96.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">16,846,034<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:111pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.89pt;position:var(--position);text-decoration:none;white-space:pre">(284,440)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:125.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:125.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:6pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:145.5pt;width:347.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:347.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:141.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:158.25pt;width:144pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:144pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:51.68pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:158.25pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:80.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.15pt;position:var(--position);white-space:pre">Number of Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:158.25pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:38.01pt;position:var(--position);white-space:pre">Net Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:158.25pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:129.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:28.76pt;position:var(--position);white-space:pre">Net Loan Exposure<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:94.93pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:171pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:171pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:82.88pt"></span></span><span style="left:90.00999999999999pt;position:var(--position)">1,919,280<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:171pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:89.63pt"></span></span><span style="left:96.75999999999999pt;position:var(--position)">994,056<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:185.25pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">21<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:185.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">3,346,881<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:185.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">3,349,347<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:199.5pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">65<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:199.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">9,246,692<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:199.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">8,818,346<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:213.75pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">20<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:213.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,707,104<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:213.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">2,622,877<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:69.75pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:228pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:35.62pt;position:var(--position);text-decoration:none;white-space:pre">13<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:228pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">1,827,561<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:228pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.12pt;position:var(--position);text-decoration:none;white-space:pre">1,249,677<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:242.25pt;width:80.25pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:33.37pt;position:var(--position);text-decoration:none;white-space:pre">130<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:242.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:242.25pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">17,034,303<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:256.5pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:91.89pt;position:var(--position);text-decoration:none;white-space:pre">(733,936)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:144pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:144pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:231.75pt;position:var(--position);top:270.75pt;width:129.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:78.38pt"></span></span><span style="left:85.50999999999999pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:453.7pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:410.85pt">Net loan exposure reflects the amount of each loan that is subject to risk of credit loss to us as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496.35pt;position:var(--position);text-decoration:none;white-space:pre;width:57.12pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.66pt">, which is our principal balance net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:286.15999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:60.55pt">$999.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.71pt;position:var(--position);text-decoration:none;white-space:pre;width:115.02pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.73pt;position:var(--position);text-decoration:none;white-space:pre;width:55.55pt">$24.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.28pt;position:var(--position);text-decoration:none;white-space:pre;width:36.15pt"> of cost-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:486.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:290.68pt">recovery proceeds, and (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.18pt;position:var(--position);text-decoration:none;white-space:pre;width:59.3pt">$284.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.48pt;position:var(--position);text-decoration:none;white-space:pre;width:117.88pt">. Our net loan exposure as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:498.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.52pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:100.93pt"> is our principal balance <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.95pt;position:var(--position);text-decoration:none;white-space:pre;width:38.93pt">net of (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.88pt;position:var(--position);text-decoration:none;white-space:pre;width:46.57pt">$1.2 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.45pt;position:var(--position);text-decoration:none;white-space:pre;width:108.97pt"> of asset-specific debt, (ii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.42pt;position:var(--position);text-decoration:none;white-space:pre;width:59.34pt">$106.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.76pt;position:var(--position);text-decoration:none;white-space:pre;width:33.73pt"> of cost-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:272pt">recovery proceeds, (iii) our total loans receivable CECL reserve of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:357.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.17pt">$733.9 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:416.67pt;position:var(--position);text-decoration:none;white-space:pre;width:39.82pt">, and (iv) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.49pt;position:var(--position);text-decoration:none;white-space:pre;width:59.17pt">$100.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.6600000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.82pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.48pt;position:var(--position);text-decoration:none;white-space:pre;width:35.02pt">of junior<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:521.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:390.76pt">loan interests that we have sold, but that remain included in our consolidated financial statements<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.26pt;position:var(--position);text-decoration:none;white-space:pre;width:77.14pt">. Our asset-specific<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:532.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.95pt">debt and loan participations sold are structurally non-recourse and term-matched to the corresponding collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:544.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:23.59pt">loans.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">Our primary credit quality indicator is our risk ratings, which are further discussed above. The following tables present the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:168.61pt">net book value of our loan portfolio as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:227.11pt;position:var(--position);text-decoration:none;white-space:pre;width:78.94pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.05pt;position:var(--position);text-decoration:none;white-space:pre;width:19.83pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.88pt;position:var(--position);text-decoration:none;white-space:pre;width:78.94pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.82pt;position:var(--position);text-decoration:none;white-space:pre;width:148.61pt">, respectively, by year of origination,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:196.5pt">investment pool, and risk rating ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:406.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:98.19pt;position:var(--position);white-space:pre">Net Book Value of Loans Receivable by Year of Origination<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:302.25pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:12.75pt;width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:406.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:161.17pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.06pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2022<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2021<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.65pt;position:var(--position);text-decoration:none;white-space:pre">Prior<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:25.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:38.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">98,329<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">53,968<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:52.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">303,971<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">140,513<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">61,068<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">105,447<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">611,866<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,012<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:66.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,088,906<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,870,372<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">274,866<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,714,538<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,928,118<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">456,963<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:81pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">6,244,857<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,804<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">582,317<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">961,346<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:95.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,911,467<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:109.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:109.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,010,885<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">335,934<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,339,463<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">3,220,630<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,642,289<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:123.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">9,549,201<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:152.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:152.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:166.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">652,289<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">480,619<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">654,056<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:166.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,786,964<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:180.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,465,305<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">941,669<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,084,707<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:180.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">4,491,681<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:195pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">366,658<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:195pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">366,658<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:209.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:40.13pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:209.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:223.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">3,117,594<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">480,619<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,595,725<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,451,365<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:223.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">6,645,303<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:252pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:252pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:266.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:266.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:280.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">877,908<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">293,501<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:280.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,171,409<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">528,633<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:294.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">528,633<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:309pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:309pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:323.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">877,908<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">822,134<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:323.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,700,042<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:337.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:351.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:351.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:366pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:366pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:380.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:380.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:394.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:394.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:408.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">31,700<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">142,888<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:408.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">174,588<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:423pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">31,700<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">142,888<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:423pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">174,588<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:437.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:451.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">98,329<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">53,968<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:451.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">303,971<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:465.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">792,802<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">61,068<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">586,066<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,265,922<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,012<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:465.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,875,870<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:480pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">4,335,677<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">274,866<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,592,446<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,869,787<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,835,171<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:480pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:12.37pt;position:var(--position);text-decoration:none;white-space:pre">11,907,947<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:494.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,804<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">582,317<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,856,637<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:494.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,806,758<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:508.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">31,700<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">142,888<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:508.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">174,588<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:522.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">5,128,479<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">335,934<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">3,697,990<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,848,055<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,058,676<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:522.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">18,069,134<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:537pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:537pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(284,440)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:551.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:551.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">17,784,694<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:579.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Gross charge-offs<span style="display:inline-block;height:6.24pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:66.78999999999999pt;position:var(--position);top:-2.1839999999999997pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.056pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:22.14pt;position:var(--position);text-decoration:none;white-space:pre">(54,404)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(214,796)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(286,916)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:579.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:12.39pt"></span></span><span style="left:19.52pt;position:var(--position)">(556,116)<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:693.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.86pt">Date loan was originated or acquired by us. Origination dates are subsequently updated to reflect material loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:715pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.43pt">modifications.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:726.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:226.99pt">Represents charge-offs by year of origination during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.49pt;position:var(--position);text-decoration:none;white-space:pre;width:43.55pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.54pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.08pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:55.5pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.49pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:406.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:98.19pt;position:var(--position);white-space:pre">Net Book Value of Loans Receivable by Year of Origination<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:302.25pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.49pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="13" style="border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:14.25pt;width:406.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:406.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:161.17pt;position:var(--position);text-decoration:none;white-space:pre">As of December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:84.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.06pt;position:var(--position);white-space:pre">Risk Rating<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2022<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2021<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.75pt;position:var(--position);text-decoration:none;white-space:pre">2020<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.65pt;position:var(--position);text-decoration:none;white-space:pre">Prior<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:28.5pt;width:55.5pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.64pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">245,289<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">60,240<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,381,858<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:57pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,839,061<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">60,651<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">197,153<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,611,856<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:71.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,869,660<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">268,408<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,599,604<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,160,837<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">691,097<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">392,470<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:85.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">5,112,416<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">236,780<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,019,672<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">726,513<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:99.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,982,965<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:114pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">329,059<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,185,211<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">5,037,654<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">751,337<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">2,500,841<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:128.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">10,804,102<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">80,219<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:156.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">80,219<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">500,104<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">787,660<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">87,629<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">101,828<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:171pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,477,221<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">594,740<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,126,698<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,332,805<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:185.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,054,243<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">198,389<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:199.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">198,389<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:213.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total Non-U.S. loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,094,844<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,994,577<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">87,629<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,633,022<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:228pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,810,072<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:256.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:270.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:285pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">814,225<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">265,808<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:285pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,080,033<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:299.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">525,750<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:299.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">525,750<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:313.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:313.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:327.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unique loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">814,225<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">791,558<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:327.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,605,783<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:342pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:356.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:356.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:370.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:370.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:384.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:384.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:399pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:399pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:413.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,388<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,030<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">34,214<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,255,929<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:413.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,827,561<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:427.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total impaired loans<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">170,388<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">367,030<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">34,214<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,255,929<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:427.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,827,561<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:441.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:456pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">151,674<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">325,508<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:19.88pt"></span></span><span style="left:27.009999999999998pt;position:var(--position)">60,240<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,381,858<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:456pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">1,919,280<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:470.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">60,651<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">697,257<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,399,516<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">87,629<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">101,828<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:470.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,346,881<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:484.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">268,408<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,008,569<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">3,287,535<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">691,097<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,991,083<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:484.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">9,246,692<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:498.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">236,780<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,019,672<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,450,652<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:498.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">2,707,104<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:513pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:40.12pt;position:var(--position);text-decoration:none;white-space:pre">5<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">170,388<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:23.62pt;position:var(--position);text-decoration:none;white-space:pre">367,030<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">34,214<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,255,929<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:513pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:16.87pt;position:var(--position);text-decoration:none;white-space:pre">1,827,561<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:527.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total loans receivable<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">329,059<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:35.63pt"></span></span><span style="left:42.760000000000005pt;position:var(--position)">—<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">4,264,668<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">7,399,261<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:15.38pt"></span></span><span style="left:22.509999999999998pt;position:var(--position)">873,180<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:8.63pt"></span></span><span style="left:15.760000000000002pt;position:var(--position)">6,181,350<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:527.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">19,047,518<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:541.5pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CECL reserve<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:541.5pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(733,936)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:555.75pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans receivable, net<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:555.75pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:4.13pt"></span></span><span style="left:11.260000000000002pt;position:var(--position)">18,313,582<span style="display:inline-block;height:6.24pt;width:2.99pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:584.25pt;width:84.75pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Gross charge-offs<span style="display:inline-block;height:6.24pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:66.78999999999999pt;position:var(--position);top:-2.1839999999999997pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.056pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:146.25pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:22.14pt;position:var(--position);text-decoration:none;white-space:pre">(52,045)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:263.25pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:17.64pt;position:var(--position);text-decoration:none;white-space:pre">(255,005)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:321.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:43.87pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:380.25pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;left:22.14pt;position:var(--position);text-decoration:none;white-space:pre">(77,553)<span style="display:inline-block;height:6.24pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438.75pt;position:var(--position);top:584.25pt;width:55.5pt"><div><div style="line-height:9pt;position:var(--position);top:3.75pt;width:55.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:9pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.24pt;width:12.39pt"></span></span><span style="left:19.52pt;position:var(--position)">(384,603)<span style="display:inline-block;height:6.24pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:0pt;left:58.5pt;position:var(--position);top:2.43pt;width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:669pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.86pt">Date loan was originated or acquired by us. Origination dates are subsequently updated to reflect material loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:57.43pt">modifications.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:692pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre">Represents charge-offs by year of origination during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.49pt;position:var(--position);text-decoration:none;white-space:pre">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.04pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:358.54pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:437.08pt;position:var(--position);text-decoration:none;white-space:pre">.<span style="display:inline-block;height:6.93pt"></span></span></div></div> 3 303971000 302564000 20 2875870000 2704222000 85 11907947000 11045913000 17 2806758000 2705706000 6 174588000 87629000 131 18069134000 16846034000 284440000 17784694000 11 1919280000 994056000 21 3346881000 3349347000 65 9246692000 8818346000 20 2707104000 2622877000 13 1827561000 1249677000 130 19047518000 17034303000 733936000 18313582000 999800000 24500000 284400000 1200000000 106700000 733900000 100100000 3.0 3.0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:471.32pt;position:var(--position);text-decoration:none;white-space:pre;width:82.11pt">The following table<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.81pt">presents the activity in our loans receivable CECL reserve by investment pool for the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.31pt;position:var(--position);text-decoration:none;white-space:pre;width:47.79pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.1pt;position:var(--position);text-decoration:none;white-space:pre;width:2.85pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.95pt;position:var(--position);text-decoration:none;white-space:pre;width:79.24pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.19pt;position:var(--position);text-decoration:none;white-space:pre;width:17.28pt"> and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:117.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:216.75pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:216.75pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.05pt;position:var(--position);white-space:pre">U.S. Loans<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.14pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.08pt;position:var(--position);text-decoration:none;white-space:pre">Non-U.S.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre"> Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.19pt;position:var(--position);text-decoration:none;white-space:pre">Unique<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre"> Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.64pt;position:var(--position);text-decoration:none;white-space:pre">Impaired<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre"> Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.52pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Loans Receivable, Net<span style="display:inline-block;height:6.77pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:21.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">80,057<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">26,141<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">47,087<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">580,651<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:36.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">733,936<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Increase in CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">21,123<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">19,329<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:28.12pt;position:var(--position);text-decoration:none;white-space:pre">3,378<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">62,790<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:51.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">106,620<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Charge-offs of CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.62pt;position:var(--position);text-decoration:none;white-space:pre">—<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.46pt;position:var(--position);text-decoration:none;white-space:pre">(556,116)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:66.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.71pt"></span></span><span style="left:13.34pt;position:var(--position)">(556,116)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.12pt;position:var(--position);text-decoration:none;white-space:pre">101,180<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">45,470<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">50,465<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23.12pt;position:var(--position);text-decoration:none;white-space:pre">87,325<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:81.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.12pt;position:var(--position);text-decoration:none;white-space:pre">284,440<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2023<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">78,335<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">31,560<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">49,371<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">417,670<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:112.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">576,936<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:127.5pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Increase (decrease) in CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:24.04pt"></span></span><span style="left:26.669999999999998pt;position:var(--position)">1,722<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.71pt"></span></span><span style="left:23.34pt;position:var(--position)">(5,419)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.71pt"></span></span><span style="left:23.34pt;position:var(--position)">(2,284)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">547,584<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:127.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">541,603<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:216.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40pt;position:var(--position);text-decoration:none;white-space:pre">Charge-offs of CECL reserves<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:36.54pt"></span></span><span style="left:39.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:36.54pt"></span></span><span style="left:39.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:36.54pt"></span></span><span style="left:39.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.71pt"></span></span><span style="left:13.34pt;position:var(--position)">(384,603)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:142.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.71pt"></span></span><span style="left:13.34pt;position:var(--position)">(384,603)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:157.5pt;width:216.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:216.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);white-space:pre">CECL reserves as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.9pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:216.75pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">80,057<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:273pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">26,141<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:21.669999999999998pt;position:var(--position)">47,087<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:385.5pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">580,651<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:157.5pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">733,936<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;position:var(--position);top:295pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:112.5pt;position:var(--position)"><span style="display:inline-block;height:8.32pt;width:18pt"></span></span></span><div style="font-size:0pt;left:58.5pt;position:var(--position);top:5.32pt;width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:36.35pt">Includes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.85pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.28pt;position:var(--position);text-decoration:none;white-space:pre;width:230.56pt"> U.S. dollar-denominated loan that is located in Bermuda.<span style="display:inline-block;height:6.93pt"></span></span> 80057000 26141000 47087000 580651000 733936000 21123000 19329000 3378000 62790000 106620000 0 0 0 556116000 556116000 101180000 45470000 50465000 87325000 284440000 78335000 31560000 49371000 417670000 576936000 1722000 -5419000 -2284000 547584000 541603000 0 0 0 384603000 384603000 80057000 26141000 47087000 580651000 733936000 -449500000 -493300000 556100000 8 338000000 218100000 3 338100000 43800000 284400000 87300000 6 174600000 42400000 98300000 0 0 0 151674000 98329000 53968000 303971000 140513000 61068000 0 105447000 611866000 170012000 1088906000 1870372000 274866000 0 1714538000 1928118000 456963000 6244857000 0 0 0 367804000 582317000 961346000 1911467000 0 0 0 0 0 0 0 2010885000 335934000 0 2339463000 3220630000 1642289000 9549201000 0 0 0 0 0 0 0 652289000 0 0 480619000 654056000 0 1786964000 2465305000 0 0 0 941669000 1084707000 4491681000 0 0 0 0 0 366658000 366658000 0 0 0 0 0 0 0 3117594000 0 0 480619000 1595725000 1451365000 6645303000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 877908000 0 293501000 1171409000 0 0 0 0 0 528633000 528633000 0 0 0 0 0 0 0 0 0 0 877908000 0 822134000 1700042000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31700000 142888000 174588000 0 0 0 0 31700000 142888000 174588000 0 0 0 151674000 98329000 53968000 303971000 792802000 61068000 0 586066000 1265922000 170012000 2875870000 4335677000 274866000 0 2592446000 2869787000 1835171000 11907947000 0 0 0 367804000 582317000 1856637000 2806758000 0 0 0 0 31700000 142888000 174588000 5128479000 335934000 0 3697990000 4848055000 4058676000 18069134000 284440000 17784694000 0 0 0 54404000 214796000 286916000 556116000 0 0 151674000 245289000 60240000 1381858000 1839061000 60651000 0 197153000 1611856000 0 0 1869660000 268408000 0 1599604000 2160837000 691097000 392470000 5112416000 0 0 236780000 1019672000 0 726513000 1982965000 0 0 0 0 0 0 0 329059000 0 2185211000 5037654000 751337000 2500841000 10804102000 0 0 0 80219000 0 0 80219000 0 0 500104000 787660000 87629000 101828000 1477221000 0 0 594740000 1126698000 0 1332805000 3054243000 0 0 0 0 0 198389000 198389000 0 0 0 0 0 0 0 0 0 1094844000 1994577000 87629000 1633022000 4810072000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 814225000 0 0 265808000 1080033000 0 0 0 0 0 525750000 525750000 0 0 0 0 0 0 0 0 0 814225000 0 0 791558000 1605783000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 170388000 367030000 34214000 1255929000 1827561000 0 0 170388000 367030000 34214000 1255929000 1827561000 0 0 151674000 325508000 60240000 1381858000 1919280000 60651000 0 697257000 2399516000 87629000 101828000 3346881000 268408000 0 3008569000 3287535000 691097000 1991083000 9246692000 0 0 236780000 1019672000 0 1450652000 2707104000 0 0 170388000 367030000 34214000 1255929000 1827561000 329059000 0 4264668000 7399261000 873180000 6181350000 19047518000 733936000 18313582000 0 0 52045000 255005000 0 77553000 384603000 4 3 1 1 P3Y9M18D 1700000 242100000 0.013 0 3 P1Y -0.0243 25000000 P4Y3M18D -0.0356 P4Y3M18D -0.0419 12700000 387400000 0.021 68100000 4 4 8 3 1 4 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">OWNED REAL ESTATE, NET<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.12pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.62pt;position:var(--position);text-decoration:none;white-space:pre;width:79.22pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.84pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.95pt;position:var(--position);text-decoration:none;white-space:pre;width:79.22pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:37.1pt">, we had <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:299.27pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">12<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.27pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.38pt;position:var(--position);text-decoration:none;white-space:pre;width:22.75pt">seven<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:352.13pt;position:var(--position);text-decoration:none;white-space:pre;width:201.28pt"> owned real estate assets, respectively. During the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:44.07pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.57pt;position:var(--position);text-decoration:none;white-space:pre;width:3.02pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.59pt;position:var(--position);text-decoration:none;white-space:pre;width:79.58pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:5.52pt">, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.69pt;position:var(--position);text-decoration:none;white-space:pre;width:52.08pt">we acquired <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.77pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">five<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.3pt;position:var(--position);text-decoration:none;white-space:pre;width:73.39pt"> owned real estate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.69pt;position:var(--position);text-decoration:none;white-space:pre;width:63.46pt"> assets through <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.15pt;position:var(--position);text-decoration:none;white-space:pre;width:158.3pt">deed-in-lieu of foreclosure transactions<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:557.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:302.07pt">or loan modifications that resulted in us consolidating the collateral assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:360.57pt;position:var(--position);text-decoration:none;white-space:pre;width:130.78pt">, for a total acquisition price of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.35pt;position:var(--position);text-decoration:none;white-space:pre;width:59.54pt">$654.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:569pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.91pt">We allocated <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.41pt;position:var(--position);text-decoration:none;white-space:pre;width:60.86pt">$279.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:178.26999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:143.32pt"> to land and land improvements, <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.59pt;position:var(--position);text-decoration:none;white-space:pre;width:60.86pt">$287.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.45pt;position:var(--position);text-decoration:none;white-space:pre;width:171.03pt"> to building and building improvements,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:54.6pt">$81.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.1pt;position:var(--position);text-decoration:none;white-space:pre;width:141.83pt"> to acquired intangible assets, and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:254.93pt;position:var(--position);text-decoration:none;white-space:pre;width:49.6pt">$5.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.53pt;position:var(--position);text-decoration:none;white-space:pre;width:248.89pt"> to other components of the purchase price. In aggregate, we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:592pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.22pt">charged off <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.72pt;position:var(--position);text-decoration:none;white-space:pre;width:59.32pt">$220.7 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:386.43pt"> of CECL reserves relating to the loans that had previously been secured by these assets, as the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.14pt">loans’ aggregate carrying value of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.64pt;position:var(--position);text-decoration:none;white-space:pre;width:59.08pt">$875.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:257.72pt;position:var(--position);text-decoration:none;white-space:pre;width:295.66pt"> at the time of the owned real estate acquisitions exceeded the acquisition<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:130.1pt">date fair value noted above. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.6pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.52pt;position:var(--position);text-decoration:none;white-space:pre;width:170.65pt"> for further discussion of owned real estate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.17pt;position:var(--position);text-decoration:none;white-space:pre;width:28.3pt"> assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:79.03pt">The acquisition of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.53pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">five<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.06pt;position:var(--position);text-decoration:none;white-space:pre;width:152.39pt"> owned real estate assets during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:305.45pt;position:var(--position);text-decoration:none;white-space:pre;width:44.83pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.28pt;position:var(--position);text-decoration:none;white-space:pre;width:3.78pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.06pt;position:var(--position);text-decoration:none;white-space:pre;width:81.1pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.16pt;position:var(--position);text-decoration:none;white-space:pre;width:118.19pt"> were accounted for as asset<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:479.31pt">acquisitions under ASC 805, and we recognized these properties as owned real estate assets held for investment. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.81pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:343.27pt">following table presents the owned real estate assets that were acquired during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.77pt;position:var(--position);text-decoration:none;white-space:pre;width:44.54pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.31pt;position:var(--position);text-decoration:none;white-space:pre;width:3.49pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.8pt;position:var(--position);text-decoration:none;white-space:pre;width:80.52pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:23.08pt"> ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:34.1pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition Date<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:47.52pt;position:var(--position);text-decoration:none;white-space:pre">Location<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:37.65pt;position:var(--position);text-decoration:none;white-space:pre">Property Type<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.28pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition Date Fair Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">February 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:12.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Chicago, IL<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:12.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:12.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">45,045<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">September 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:27.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Atlanta, GA<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:27.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:27.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">132,974<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">September 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:42.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">New York, NY<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:42.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:42.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">228,253<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">November 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:57.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Denver, CO<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:57.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:57.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">114,748<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">December 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:72.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">New York, NY<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:72.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:72.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">133,313<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:87.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:66.04pt"></span></span><span style="left:73.67pt;position:var(--position)">654,333<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:225.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">The following table presents the assets and liabilities related to owned real estate held for investment included in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:237.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.07pt">consolidated balance sheets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.57pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:254.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:334.5pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:78.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Building and building improvements<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">708,097<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">410,546<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Land and land improvements<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:42.17pt;position:var(--position)">461,585<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:42.17pt;position:var(--position)">181,083<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.04pt"></span></span><span style="left:34.67pt;position:var(--position)">1,169,682<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">591,629<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: accumulated depreciation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.96pt;position:var(--position);text-decoration:none;white-space:pre">(34,707)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.96pt;position:var(--position);text-decoration:none;white-space:pre">(3,444)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.62pt;position:var(--position);text-decoration:none;white-space:pre">Owned Real Estate, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.04pt"></span></span><span style="left:34.67pt;position:var(--position)">1,134,975<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">588,185<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Intangible real estate assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">161,690<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">83,253<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: accumulated amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">(44,601)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:46.21pt"></span></span><span style="left:48.84pt;position:var(--position)">(5,964)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.63pt;position:var(--position);white-space:pre">Intangible real estate assets, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:155.81pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:147.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">117,089<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:147.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">77,289<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:177pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Intangible real estate liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:192pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">3,985<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:192pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">1,422<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: accumulated amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:207pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:53.71pt"></span></span><span style="left:56.34pt;position:var(--position)">(570)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:207pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.71pt"></span></span><span style="left:66.34pt;position:var(--position)">(1)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.63pt;position:var(--position);white-space:pre">Intangible real estate liabilities, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:169.65pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:222pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">3,415<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:222pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">1,421<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:496.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:292.99pt">Included within other assets on our consolidated balance sheets. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.49pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.41pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:306.83pt">Included within other liabilities on our consolidated balance sheets. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.33pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.25pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:360.46pt">Revenue and expenses from owned real estate consisted of the following ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:77.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:334.5pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:78.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);width:160.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:160.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended December 31,<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:31.37pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:31.37pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Rental revenue<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:25.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">66,216<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:25.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">8,789<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality revenue<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:40.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">96,244<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:40.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">2,245<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other operating revenue<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:55.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">22,520<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:55.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">2,006<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenue from owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:70.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">184,980<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:70.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">13,040<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Operating expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:101.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">146,738<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:101.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">12,846<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and amortization expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:116.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">68,840<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:116.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">9,214<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total expenses from owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:131.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">215,578<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:131.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">22,060<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Loss from owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:162pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:36.21pt"></span></span><span style="left:43.84pt;position:var(--position)">(30,598)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:162pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:41.21pt"></span></span><span style="left:48.84pt;position:var(--position)">(9,020)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:271.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:273.02pt">There was no revenue or expense from owned real estate during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:331.52pt;position:var(--position);text-decoration:none;white-space:pre;width:43.55pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.07pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.57pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2023<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.11pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:295pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">The following table presents the undiscounted future minimum rents we expect to receive for our office properties as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:306.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.9pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.4pt;position:var(--position);text-decoration:none;white-space:pre;width:414.03pt">. Leases at our multifamily assets are short term, generally 12 months or less, and are therefore not<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:318pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.4pt">included<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.9pt;position:var(--position);text-decoration:none;white-space:pre;width:66.91pt"> ($ in thousands)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:341.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:363.75pt"></td><td style="padding:0;width:131.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);width:131.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25pt;position:var(--position);text-decoration:none;white-space:pre">Future Minimum Rents<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:12.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:92.04pt"></span></span><span style="left:99.67pt;position:var(--position)">74,643<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:27.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">63,398<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:42.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">54,959<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:57.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">46,910<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:72.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">39,835<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:87.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:92.04pt"></span></span><span style="left:94.67pt;position:var(--position)">116,118<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:102.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:87.04pt"></span></span><span style="left:94.67pt;position:var(--position)">395,863<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:476.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:486.05pt">The following table presents the amortization of lease intangibles for each of the succeeding fiscal years ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:158.25pt"></td><td style="padding:0;width:110.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.27pt;position:var(--position);text-decoration:none;white-space:pre">In-place lease intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.27pt;position:var(--position);text-decoration:none;white-space:pre">Above-market lease <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.47pt;position:var(--position);text-decoration:none;white-space:pre">intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.71pt;position:var(--position);text-decoration:none;white-space:pre">Below-market lease <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.47pt;position:var(--position);text-decoration:none;white-space:pre">intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">30,117<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:83.67pt;position:var(--position)">6,171<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:80.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(424)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">18,395<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">4,251<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(254)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">13,143<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">3,415<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(173)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">9,933<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">2,521<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:90.21pt"></span></span><span style="left:92.83999999999999pt;position:var(--position)">(78)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">7,378<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">2,164<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(132)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">14,500<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">5,101<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:77.71pt"></span></span><span style="left:80.33999999999999pt;position:var(--position)">(2,354)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">93,466<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">23,623<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:72.71pt"></span></span><span style="left:80.33999999999999pt;position:var(--position)">(3,415)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 12 7 5 654300000 279700000 287700000 81100000 5800000 220700000 875000000 5 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.81pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:343.27pt">following table presents the owned real estate assets that were acquired during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:401.77pt;position:var(--position);text-decoration:none;white-space:pre;width:44.54pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.31pt;position:var(--position);text-decoration:none;white-space:pre;width:3.49pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.8pt;position:var(--position);text-decoration:none;white-space:pre;width:80.52pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:23.08pt"> ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:88.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:125.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td></tr><tr style="height:12.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:34.1pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition Date<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:47.52pt;position:var(--position);text-decoration:none;white-space:pre">Location<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);width:125.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:37.65pt;position:var(--position);text-decoration:none;white-space:pre">Property Type<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.28pt;position:var(--position);text-decoration:none;white-space:pre">Acquisition Date Fair Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">February 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:12.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Chicago, IL<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:12.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:12.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">45,045<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">September 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:27.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Atlanta, GA<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:27.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:27.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">132,974<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">September 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:42.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">New York, NY<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:42.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:42.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">228,253<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">November 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:57.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Denver, CO<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:57.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:57.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">114,748<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">December 2025<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:128.25pt;position:var(--position);top:72.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">New York, NY<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:256.5pt;position:var(--position);top:72.75pt;width:125.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:125.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Office<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:72.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:73.67pt;position:var(--position)">133,313<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:87.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:66.04pt"></span></span><span style="left:73.67pt;position:var(--position)">654,333<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 45045000 132974000 228253000 114748000 133313000 654333000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">The following table presents the assets and liabilities related to owned real estate held for investment included in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:237.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.07pt">consolidated balance sheets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.57pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:254.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:334.5pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:78.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Building and building improvements<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">708,097<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">410,546<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Land and land improvements<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:42.17pt;position:var(--position)">461,585<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:42.17pt;position:var(--position)">181,083<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.04pt"></span></span><span style="left:34.67pt;position:var(--position)">1,169,682<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">591,629<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: accumulated depreciation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.96pt;position:var(--position);text-decoration:none;white-space:pre">(34,707)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.96pt;position:var(--position);text-decoration:none;white-space:pre">(3,444)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.62pt;position:var(--position);text-decoration:none;white-space:pre">Owned Real Estate, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.04pt"></span></span><span style="left:34.67pt;position:var(--position)">1,134,975<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">588,185<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Intangible real estate assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">161,690<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">83,253<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: accumulated amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.21pt"></span></span><span style="left:43.84pt;position:var(--position)">(44,601)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:46.21pt"></span></span><span style="left:48.84pt;position:var(--position)">(5,964)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.63pt;position:var(--position);white-space:pre">Intangible real estate assets, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:155.81pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:147.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">117,089<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:147.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">77,289<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:177pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Intangible real estate liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:192pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">3,985<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:192pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">1,422<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: accumulated amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:207pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:53.71pt"></span></span><span style="left:56.34pt;position:var(--position)">(570)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:207pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.71pt"></span></span><span style="left:66.34pt;position:var(--position)">(1)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.63pt;position:var(--position);white-space:pre">Intangible real estate liabilities, net<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:169.65pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:222pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">3,415<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:222pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">1,421<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:496.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:292.99pt">Included within other assets on our consolidated balance sheets. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.49pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.41pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:306.83pt">Included within other liabilities on our consolidated balance sheets. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.33pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.25pt;position:var(--position);text-decoration:none;white-space:pre;width:96.02pt"> for further information.<span style="display:inline-block;height:6.93pt"></span></span></div> 708097000 410546000 461585000 181083000 1169682000 591629000 34707000 3444000 1134975000 588185000 161690000 83253000 44601000 5964000 117089000 77289000 3985000 1422000 -570000 -1000 3415000 1421000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:360.46pt">Revenue and expenses from owned real estate consisted of the following ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:418.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:77.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:334.5pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:78.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);width:160.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:160.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:35.4pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended December 31,<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:31.37pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:31.37pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Rental revenue<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:25.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">66,216<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:25.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:52.17pt;position:var(--position)">8,789<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Hospitality revenue<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:40.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">96,244<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:40.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">2,245<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other operating revenue<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:55.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">22,520<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:55.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">2,006<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenue from owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:70.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">184,980<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:70.5pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">13,040<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:101.25pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Operating expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:101.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">146,738<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:101.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">12,846<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:116.25pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Depreciation and amortization expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:116.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">68,840<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:116.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">9,214<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:131.25pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total expenses from owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:131.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">215,578<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:131.25pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:47.17pt;position:var(--position)">22,060<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162pt;width:334.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:334.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Loss from owned real estate<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:334.5pt;position:var(--position);top:162pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:36.21pt"></span></span><span style="left:43.84pt;position:var(--position)">(30,598)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:416.25pt;position:var(--position);top:162pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:41.21pt"></span></span><span style="left:48.84pt;position:var(--position)">(9,020)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 66216000 8789000 96244000 2245000 22520000 2006000 184980000 13040000 146738000 12846000 68840000 9214000 215578000 22060000 -30598000 -9020000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">The following table presents the undiscounted future minimum rents we expect to receive for our office properties as of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:306.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:80.9pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:139.4pt;position:var(--position);text-decoration:none;white-space:pre;width:414.03pt">. Leases at our multifamily assets are short term, generally 12 months or less, and are therefore not<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:318pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:34.4pt">included<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.9pt;position:var(--position);text-decoration:none;white-space:pre;width:66.91pt"> ($ in thousands)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:159.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:341.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:363.75pt"></td><td style="padding:0;width:131.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);width:131.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:25pt;position:var(--position);text-decoration:none;white-space:pre">Future Minimum Rents<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:12.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:92.04pt"></span></span><span style="left:99.67pt;position:var(--position)">74,643<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:27.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">63,398<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:42.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">54,959<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:57.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">46,910<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:72.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:97.04pt"></span></span><span style="left:99.67pt;position:var(--position)">39,835<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:87.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:92.04pt"></span></span><span style="left:94.67pt;position:var(--position)">116,118<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:363.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:363.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:363.75pt;position:var(--position);top:102.75pt;width:131.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:131.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:87.04pt"></span></span><span style="left:94.67pt;position:var(--position)">395,863<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 74643000 63398000 54959000 46910000 39835000 116118000 395863000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:486.05pt">The following table presents the amortization of lease intangibles for each of the succeeding fiscal years ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:158.25pt"></td><td style="padding:0;width:110.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.27pt;position:var(--position);text-decoration:none;white-space:pre">In-place lease intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.27pt;position:var(--position);text-decoration:none;white-space:pre">Above-market lease <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.47pt;position:var(--position);text-decoration:none;white-space:pre">intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.71pt;position:var(--position);text-decoration:none;white-space:pre">Below-market lease <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.47pt;position:var(--position);text-decoration:none;white-space:pre">intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">30,117<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:83.67pt;position:var(--position)">6,171<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:80.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(424)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">18,395<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">4,251<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(254)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">13,143<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">3,415<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(173)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">9,933<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">2,521<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:90.21pt"></span></span><span style="left:92.83999999999999pt;position:var(--position)">(78)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">7,378<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">2,164<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(132)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">14,500<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">5,101<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:77.71pt"></span></span><span style="left:80.33999999999999pt;position:var(--position)">(2,354)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">93,466<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">23,623<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:72.71pt"></span></span><span style="left:80.33999999999999pt;position:var(--position)">(3,415)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:486.05pt">The following table presents the amortization of lease intangibles for each of the succeeding fiscal years ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:158.25pt"></td><td style="padding:0;width:110.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:110.25pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.27pt;position:var(--position);text-decoration:none;white-space:pre">In-place lease intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.27pt;position:var(--position);text-decoration:none;white-space:pre">Above-market lease <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.47pt;position:var(--position);text-decoration:none;white-space:pre">intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);width:110.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.71pt;position:var(--position);text-decoration:none;white-space:pre">Below-market lease <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:36.47pt;position:var(--position);text-decoration:none;white-space:pre">intangibles<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">30,117<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:83.67pt;position:var(--position)">6,171<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:21.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:80.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(424)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:36.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">18,395<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">4,251<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:36.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(254)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:51.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">13,143<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">3,415<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:51.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(173)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:66.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">9,933<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">2,521<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:66.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:90.21pt"></span></span><span style="left:92.83999999999999pt;position:var(--position)">(78)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">7,378<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">2,164<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:81.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:85.21pt"></span></span><span style="left:87.83999999999999pt;position:var(--position)">(132)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:76.04pt"></span></span><span style="left:78.67pt;position:var(--position)">14,500<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.04pt"></span></span><span style="left:83.67pt;position:var(--position)">5,101<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:96.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:77.71pt"></span></span><span style="left:80.33999999999999pt;position:var(--position)">(2,354)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111.75pt;width:158.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:158.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:158.25pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">93,466<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:271.5pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:71.04pt"></span></span><span style="left:78.67pt;position:var(--position)">23,623<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:384.75pt;position:var(--position);top:111.75pt;width:110.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:110.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:72.71pt"></span></span><span style="left:80.33999999999999pt;position:var(--position)">(3,415)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 30117000 6171000 424000 18395000 4251000 254000 13143000 3415000 173000 9933000 2521000 78000 7378000 2164000 132000 14500000 5101000 2354000 93466000 23623000 3415000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">INVESTMENTS IN UNCONSOLIDATED ENTITIES <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:25.98pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.48pt;position:var(--position);text-decoration:none;white-space:pre;width:80.08pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.56pt;position:var(--position);text-decoration:none;white-space:pre;width:388.91pt">, we hold certain investments in unconsolidated entities that are accounted for under the equity<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.84pt">method of accounting or the FVO, as our ownership interest in each entity does not meet the requirements for<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:93.78pt">consolidation. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.28pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.2pt;position:var(--position);text-decoration:none;white-space:pre;width:74.91pt"> for further details.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:118pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.67pt">The following tables detail our investments in unconsolidated entities ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);width:195.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:195.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.56pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:296.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.84pt;position:var(--position);text-decoration:none;white-space:pre">Number of <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.72pt;position:var(--position);text-decoration:none;white-space:pre">Assets<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">Ownership<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.06pt;position:var(--position);text-decoration:none;white-space:pre">Interest<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:12.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.25pt;position:var(--position);text-decoration:none;white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48.75pt;width:296.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:4.42pt;width:296.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre;width:96.81pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">178<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:35.629999999999995pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.15pt;position:var(--position);text-decoration:none;white-space:pre">75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:48.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:36.04pt"></span></span><span style="left:43.67pt;position:var(--position)">106,478<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:63.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">178<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:63.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.04pt"></span></span><span style="left:43.67pt;position:var(--position)">106,478<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unconsolidated entities carried at fair value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:93.75pt;width:296.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:4.42pt;width:296.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre;width:138.76pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:93.75pt;width:54.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">533<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:35.629999999999995pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:93.75pt;width:54.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre">35%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:33.51pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:93.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.04pt"></span></span><span style="left:43.67pt;position:var(--position)">111,010<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unconsolidated entities carried at fair value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:108.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">533<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:108.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.04pt"></span></span><span style="left:43.67pt;position:var(--position)">111,010<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:123.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">711<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:123.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:36.04pt"></span></span><span style="left:43.67pt;position:var(--position)">217,488<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:279.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:324.01pt">The number of assets represents the number of commercial real estate properties.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:302.7pt">The number of assets represents the number of commercial mortgage loans.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:310.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:220.94pt">Represents our aggregate ownership interest in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.44pt;position:var(--position);text-decoration:none;white-space:pre;width:147.52pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.96pt;position:var(--position);text-decoration:none;white-space:pre;width:99.5pt">, which owns an initial<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.83pt">portfolio of commercial mortgage loans acquired during the three months ended June 30, 2025, in which we hold a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">29%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.83pt;position:var(--position);text-decoration:none;white-space:pre;width:449.67pt"> interest, and an additional portfolio acquired during the three months ended September 30, 2025, in which we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:344.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">hold a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.7pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">50%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.03pt;position:var(--position);text-decoration:none;white-space:pre;width:34.39pt"> interest.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);width:195.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:195.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.56pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:296.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.84pt;position:var(--position);text-decoration:none;white-space:pre">Number of <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.72pt;position:var(--position);text-decoration:none;white-space:pre">Assets<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">Ownership<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.06pt;position:var(--position);text-decoration:none;white-space:pre">Interest<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:12.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.25pt;position:var(--position);text-decoration:none;white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48.75pt;width:296.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:4.42pt;width:296.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre;width:96.81pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:24.87pt;position:var(--position);text-decoration:none;white-space:pre">–<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.15pt;position:var(--position);text-decoration:none;white-space:pre">75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:48.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:46.04pt"></span></span><span style="left:53.67pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:63.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:24.87pt;position:var(--position);text-decoration:none;white-space:pre">–<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:63.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:51.04pt"></span></span><span style="left:53.67pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:445.21pt">The following tables detail the activity related to our investments in unconsolidated entities during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.71pt;position:var(--position);text-decoration:none;white-space:pre;width:49.73pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.47pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.47pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:89pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:144.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:61.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td></tr><tr style="height:39.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:144.75pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);width:54pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);width:54pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.02pt;position:var(--position);white-space:pre">Contributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);width:50.25pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.7pt;position:var(--position);white-space:pre">Distributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);width:61.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.79pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.66pt;position:var(--position);white-space:pre">(Loss) Income <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.2pt;position:var(--position);white-space:pre">From <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.33pt;position:var(--position);white-space:pre">Unconsolidated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.62pt;position:var(--position);white-space:pre">Entities<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:40.81pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.79pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.98pt;position:var(--position);white-space:pre">Accumulated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.41pt;position:var(--position);white-space:pre">Other <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.98pt;position:var(--position);white-space:pre">Comprehensive <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.85pt;position:var(--position);white-space:pre">Loss<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.62pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:144.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:39.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:39.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.79pt"></span></span><span style="left:17.419999999999998pt;position:var(--position)">104,274<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:39.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.54pt"></span></span><span style="left:36.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:39.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.96pt"></span></span><span style="left:31.59pt;position:var(--position)">(1,367)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:39.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:29.21pt"></span></span><span style="left:36.84pt;position:var(--position)">(881)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:39.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">106,478<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:144.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:54.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:37.29pt"></span></span><span style="left:39.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:54.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.79pt"></span></span><span style="left:17.419999999999998pt;position:var(--position)">102,845<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:54.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:17.71pt"></span></span><span style="left:20.34pt;position:var(--position)">(1,509)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:54.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:32.29pt"></span></span><span style="left:34.92pt;position:var(--position)">9,674<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:54.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.54pt"></span></span><span style="left:45.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:54.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">111,010<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:69.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:69.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:69.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.79pt"></span></span><span style="left:17.419999999999998pt;position:var(--position)">207,119<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:69.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:12.71pt"></span></span><span style="left:20.34pt;position:var(--position)">(1,509)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:69.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.29pt"></span></span><span style="left:34.92pt;position:var(--position)">8,307<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:69.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:29.21pt"></span></span><span style="left:36.84pt;position:var(--position)">(881)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:69.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">217,488<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:26.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:39.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:144.75pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:111pt;width:54pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:111pt;width:54pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.02pt;position:var(--position);white-space:pre">Contributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:111pt;width:50.25pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.7pt;position:var(--position);white-space:pre">Distributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:111pt;width:61.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.43pt;position:var(--position);white-space:pre">Loss From <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.33pt;position:var(--position);white-space:pre">Unconsolidated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.65pt;position:var(--position);white-space:pre">Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:111pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.79pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.98pt;position:var(--position);white-space:pre">Accumulated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.41pt;position:var(--position);white-space:pre">Other <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.98pt;position:var(--position);white-space:pre">Comprehensive <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.97pt;position:var(--position);white-space:pre">Income<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:111pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.62pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150.75pt;width:144.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:150.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:32.29pt"></span></span><span style="left:39.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:150.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">7,200<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:150.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.54pt"></span></span><span style="left:36.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:150.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.96pt"></span></span><span style="left:31.59pt;position:var(--position)">(2,748)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:150.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:37.54pt"></span></span><span style="left:45.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:150.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.04pt"></span></span><span style="left:26.669999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:165.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:32.29pt"></span></span><span style="left:39.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:165.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">7,200<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:165.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.54pt"></span></span><span style="left:36.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:165.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.96pt"></span></span><span style="left:31.59pt;position:var(--position)">(2,748)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:165.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:37.54pt"></span></span><span style="left:45.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:165.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.04pt"></span></span><span style="left:26.669999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:294.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.97pt">Includes our share of non-cash items such as (i) depreciation and amortization, and (ii) unrealized gains recorded by<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:306.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:94.32pt">unconsolidated entities.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:329.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:43.83pt">There was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.33pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.33pt;position:var(--position);text-decoration:none;white-space:pre;width:208.39pt"> income or loss from unconsolidated entities for the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.72pt;position:var(--position);text-decoration:none;white-space:pre;width:43.55pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:366.77pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2023<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:353.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:28.32pt">During<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.82pt;position:var(--position);text-decoration:none;white-space:pre;width:20.34pt"> the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.16pt;position:var(--position);text-decoration:none;white-space:pre;width:45.12pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.28pt;position:var(--position);text-decoration:none;white-space:pre;width:4.07pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.35pt;position:var(--position);text-decoration:none;white-space:pre;width:81.68pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.03pt;position:var(--position);text-decoration:none;white-space:pre;width:23.97pt">, our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262pt;position:var(--position);text-decoration:none;white-space:pre;width:101.52pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.52pt;position:var(--position);text-decoration:none;white-space:pre;width:22.57pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.09pt;position:var(--position);text-decoration:none;white-space:pre;width:145.04pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.13pt;position:var(--position);text-decoration:none;white-space:pre;width:22.36pt"> each<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:364.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.96pt">entered into derivative agreements where we would be required to make payment for periodic or final settlement of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:376.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:132.59pt">derivative contracts if either our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.09pt;position:var(--position);text-decoration:none;white-space:pre;width:97.98pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.07pt;position:var(--position);text-decoration:none;white-space:pre;width:14.11pt"> or <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.18pt;position:var(--position);text-decoration:none;white-space:pre;width:140.32pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.86pt">, as applicable, is unable to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:387.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.05pt">fulfill its respective obligations.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.67pt">The following tables detail our investments in unconsolidated entities ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:135.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);width:195.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:195.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.56pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:296.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.84pt;position:var(--position);text-decoration:none;white-space:pre">Number of <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.72pt;position:var(--position);text-decoration:none;white-space:pre">Assets<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">Ownership<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.06pt;position:var(--position);text-decoration:none;white-space:pre">Interest<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:12.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.25pt;position:var(--position);text-decoration:none;white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48.75pt;width:296.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:4.42pt;width:296.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre;width:96.81pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">178<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:35.629999999999995pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.15pt;position:var(--position);text-decoration:none;white-space:pre">75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:48.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:36.04pt"></span></span><span style="left:43.67pt;position:var(--position)">106,478<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:63.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">178<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:63.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.04pt"></span></span><span style="left:43.67pt;position:var(--position)">106,478<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unconsolidated entities carried at fair value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:93.75pt;width:296.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:4.42pt;width:296.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre;width:138.76pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:93.75pt;width:54.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">533<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:35.629999999999995pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:93.75pt;width:54.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre">35%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:33.51pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:93.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.04pt"></span></span><span style="left:43.67pt;position:var(--position)">111,010<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unconsolidated entities carried at fair value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:108.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">533<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:108.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:41.04pt"></span></span><span style="left:43.67pt;position:var(--position)">111,010<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:123.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">711<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:123.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:36.04pt"></span></span><span style="left:43.67pt;position:var(--position)">217,488<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:279.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:324.01pt">The number of assets represents the number of commercial real estate properties.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:302.7pt">The number of assets represents the number of commercial mortgage loans.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:310.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:220.94pt">Represents our aggregate ownership interest in our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.44pt;position:var(--position);text-decoration:none;white-space:pre;width:147.52pt">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.96pt;position:var(--position);text-decoration:none;white-space:pre;width:99.5pt">, which owns an initial<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.83pt">portfolio of commercial mortgage loans acquired during the three months ended June 30, 2025, in which we hold a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">29%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.83pt;position:var(--position);text-decoration:none;white-space:pre;width:449.67pt"> interest, and an additional portfolio acquired during the three months ended September 30, 2025, in which we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:344.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:27.2pt">hold a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.7pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">50%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.03pt;position:var(--position);text-decoration:none;white-space:pre;width:34.39pt"> interest.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:362.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:296.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);width:195.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:195.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:65.56pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:296.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.84pt;position:var(--position);text-decoration:none;white-space:pre">Number of <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.72pt;position:var(--position);text-decoration:none;white-space:pre">Assets<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12.75pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">Ownership<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.06pt;position:var(--position);text-decoration:none;white-space:pre">Interest<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:12.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.37pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.25pt;position:var(--position);text-decoration:none;white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:33.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48.75pt;width:296.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:4.42pt;width:296.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre;width:96.81pt">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:24.87pt;position:var(--position);text-decoration:none;white-space:pre">–<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:48.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.15pt;position:var(--position);text-decoration:none;white-space:pre">75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:48.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:46.04pt"></span></span><span style="left:53.67pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:296.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:296.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.63pt;position:var(--position);text-decoration:none;white-space:pre">Total unconsolidated entities carried at historical cost<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:63.75pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:24.87pt;position:var(--position);text-decoration:none;white-space:pre">–<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:414.75pt;position:var(--position);top:63.75pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:51.04pt"></span></span><span style="left:53.67pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:445.21pt">The following tables detail the activity related to our investments in unconsolidated entities during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.71pt;position:var(--position);text-decoration:none;white-space:pre;width:49.73pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.47pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.47pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:89pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:144.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:61.5pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:53.25pt"></td></tr><tr style="height:39.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:144.75pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);width:54pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);width:54pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.02pt;position:var(--position);white-space:pre">Contributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);width:50.25pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.7pt;position:var(--position);white-space:pre">Distributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);width:61.5pt"><div><div style="line-height:8pt;position:var(--position);top:3.79pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.66pt;position:var(--position);white-space:pre">(Loss) Income <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.2pt;position:var(--position);white-space:pre">From <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.33pt;position:var(--position);white-space:pre">Unconsolidated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.62pt;position:var(--position);white-space:pre">Entities<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:40.81pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.79pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.98pt;position:var(--position);white-space:pre">Accumulated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.41pt;position:var(--position);white-space:pre">Other <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.98pt;position:var(--position);white-space:pre">Comprehensive <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.85pt;position:var(--position);white-space:pre">Loss<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.62pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39.75pt;width:144.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:39.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:39.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.79pt"></span></span><span style="left:17.419999999999998pt;position:var(--position)">104,274<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:39.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.54pt"></span></span><span style="left:36.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:39.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.96pt"></span></span><span style="left:31.59pt;position:var(--position)">(1,367)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:39.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:29.21pt"></span></span><span style="left:36.84pt;position:var(--position)">(881)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:39.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">106,478<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:54.75pt;width:144.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Bank Loan Portfolio Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:54.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:37.29pt"></span></span><span style="left:39.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:54.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.79pt"></span></span><span style="left:17.419999999999998pt;position:var(--position)">102,845<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:54.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:17.71pt"></span></span><span style="left:20.34pt;position:var(--position)">(1,509)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:54.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:32.29pt"></span></span><span style="left:34.92pt;position:var(--position)">9,674<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:54.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.54pt"></span></span><span style="left:45.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:54.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:14.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">111,010<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:69.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:69.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:69.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.79pt"></span></span><span style="left:17.419999999999998pt;position:var(--position)">207,119<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:69.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:12.71pt"></span></span><span style="left:20.34pt;position:var(--position)">(1,509)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:69.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:27.29pt"></span></span><span style="left:34.92pt;position:var(--position)">8,307<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:69.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:29.21pt"></span></span><span style="left:36.84pt;position:var(--position)">(881)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:69.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:9.04pt"></span></span><span style="left:16.669999999999998pt;position:var(--position)">217,488<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:26.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:39.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:111pt;width:144.75pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Investments in Unconsolidated Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:111pt;width:54pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:111pt;width:54pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:54pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.02pt;position:var(--position);white-space:pre">Contributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:111pt;width:50.25pt"><div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.7pt;position:var(--position);white-space:pre">Distributions<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:111pt;width:61.5pt"><div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.43pt;position:var(--position);white-space:pre">Loss From <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.33pt;position:var(--position);white-space:pre">Unconsolidated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:61.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.65pt;position:var(--position);white-space:pre">Entities<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:111pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.79pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.98pt;position:var(--position);white-space:pre">Accumulated <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.9pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.41pt;position:var(--position);white-space:pre">Other <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:22.01pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.98pt;position:var(--position);white-space:pre">Comprehensive <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.97pt;position:var(--position);white-space:pre">Income<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:111pt;width:53.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:3.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:31.12pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.62pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:150.75pt;width:144.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net Lease Joint Venture<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:150.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:32.29pt"></span></span><span style="left:39.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:150.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">7,200<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:150.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.54pt"></span></span><span style="left:36.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:150.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.96pt"></span></span><span style="left:31.59pt;position:var(--position)">(2,748)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:150.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:37.54pt"></span></span><span style="left:45.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:150.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.04pt"></span></span><span style="left:26.669999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:165.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:32.29pt"></span></span><span style="left:39.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204.75pt;position:var(--position);top:165.75pt;width:54pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.79pt"></span></span><span style="left:27.419999999999998pt;position:var(--position)">7,200<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:261.75pt;position:var(--position);top:165.75pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:28.54pt"></span></span><span style="left:36.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:315pt;position:var(--position);top:165.75pt;width:61.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:61.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.96pt"></span></span><span style="left:31.59pt;position:var(--position)">(2,748)<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:165.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:37.54pt"></span></span><span style="left:45.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:165.75pt;width:53.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:53.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:19.04pt"></span></span><span style="left:26.669999999999998pt;position:var(--position)">4,452<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:294.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.97pt">Includes our share of non-cash items such as (i) depreciation and amortization, and (ii) unrealized gains recorded by<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:94.32pt">unconsolidated entities.<span style="display:inline-block;height:6.93pt"></span></span> 178 0.75 106478000 178 106478000 533 0.35 111010000 533 111010000 711 217488000 0.29 0.50 0 0.75 4452000 0 4452000 4452000 104274000 0 -1367000 -881000 106478000 0 102845000 1509000 9674000 0 111010000 4452000 207119000 1509000 8307000 -881000 217488000 0 7200000 0 -2748000 0 4452000 0 7200000 0 -2748000 0 4452000 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">OTHER ASSETS AND LIABILITIES <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);top:434.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">Other Assets <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:452.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:318.01pt">The following table details the components of our other assets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:469.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:329.25pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:84pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:329.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);width:84pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued interest receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">132,975<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:12.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.79pt"></span></span><span style="left:47.42pt;position:var(--position)">160,131<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Real estate intangible assets, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:42.17pt;position:var(--position)">117,089<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:27.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">77,289<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounts receivable and other assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:149.65pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">56,848<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:42.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.79pt"></span></span><span style="left:47.42pt;position:var(--position)">134,030<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other real estate assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">42,153<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:57.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">9,338<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loan portfolio payments held by servicer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:167.73pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">27,374<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:72.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.79pt"></span></span><span style="left:47.42pt;position:var(--position)">113,199<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collateral deposited under derivative agreements<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">25,300<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:87.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">4,810<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">10,492<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:102.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">72,454<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">1,032<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:117.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">1,002<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">413,263<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:132.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.79pt"></span></span><span style="left:47.42pt;position:var(--position)">572,253<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:622.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:630.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:37.35pt">Includes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.85pt;position:var(--position);text-decoration:none;white-space:pre;width:54.85pt">$55.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.7pt;position:var(--position);text-decoration:none;white-space:pre;width:21.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.13pt;position:var(--position);text-decoration:none;white-space:pre;width:54.85pt">$95.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.98pt;position:var(--position);text-decoration:none;white-space:pre;width:27.15pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.13pt;position:var(--position);text-decoration:none;white-space:pre;width:80.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.67pt;position:var(--position);text-decoration:none;white-space:pre;width:21.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.1pt;position:var(--position);text-decoration:none;white-space:pre;width:80.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.64pt;position:var(--position);text-decoration:none;white-space:pre;width:89.83pt">, respectively, of cash<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:642pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.83pt">collateral held by our CLOs that was subsequently remitted by the trustee to repay a portion of the outstanding<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:437.84pt">senior CLO securities, or that was subsequently reinvested by purchasing additional collateral into our CLOs.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.02pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.52pt;position:var(--position);text-decoration:none;white-space:pre;width:45.3pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.82pt;position:var(--position);text-decoration:none;white-space:pre;width:4.25pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.07pt;position:var(--position);text-decoration:none;white-space:pre;width:82.04pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.11pt;position:var(--position);text-decoration:none;white-space:pre;width:287.23pt">, a note receivable that was previously included in this balance was<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:676.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:307.95pt">deemed non-recoverable, and we recorded a charge-off of CECL reserves of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.45pt;position:var(--position);text-decoration:none;white-space:pre;width:48.85pt">$6.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:442.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:688pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.92pt">Primarily represents loan principal repayments held by our third-party loan servicers as of the balance sheet date that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:699.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:237.74pt">were remitted to us during the subsequent remittance cycle.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:70.74pt">Other Liabilities<span style="display:inline-block;height:6.77pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:129.24pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:331.85pt">The following table details the components of our other liabilities ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3pt"> <span style="display:inline-block;height:8.32pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:96.8pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:329.25pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:84pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:329.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);width:84pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other real estate liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">127,703<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:12.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.79pt"></span></span><span style="left:52.42pt;position:var(--position)">72,018<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued dividends payable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">79,081<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:27.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">81,214<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued interest payable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">58,871<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:42.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">77,855<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Other secured debt<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:78.08999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">39,475<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:57.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:67.29pt"></span></span><span style="left:69.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">26,596<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:72.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">5,238<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued management fees payable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">16,434<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:87.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">18,534<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable and other liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">14,653<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:102.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">13,834<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Debt repayments pending servicer remittance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:184.04pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">11,748<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:117.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">3,742<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Current expected credit loss reserves for unfunded loan commitments<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:280.64pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">11,617<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:132.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">10,412<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:147.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">386,178<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:147.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.79pt"></span></span><span style="left:47.42pt;position:var(--position)">282,847<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:264.55pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:229.41pt">Represents financing on our retained investment in the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:121.42pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.33pt;position:var(--position);text-decoration:none;white-space:pre;width:43.16pt">. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.49pt;position:var(--position);text-decoration:none;white-space:pre;width:27.99pt">Note 8<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.48pt;position:var(--position);text-decoration:none;white-space:pre;width:3.57pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.05pt;position:var(--position);text-decoration:none;white-space:pre;width:42.42pt">for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.67pt">information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.99pt">Represents pending transfers from our third-party loan servicer that were remitted to our banking counterparties or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.89pt">CLO trustees during the subsequent remittance cycle.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:292.98pt">Represents the CECL reserve related to our unfunded loan commitments.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:349.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">Current Expected Credit Loss Reserves for Unfunded Loan Commitments <span style="display:inline-block;height:6.94pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.52pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.02pt;position:var(--position);text-decoration:none;white-space:pre;width:78.62pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.64pt;position:var(--position);text-decoration:none;white-space:pre;width:185.64pt">, we had aggregate unfunded commitments of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.28pt;position:var(--position);text-decoration:none;white-space:pre;width:46.12pt">$1.2 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.4pt;position:var(--position);text-decoration:none;white-space:pre;width:42.55pt"> related to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.95pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">53<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:445.95pt;position:var(--position);text-decoration:none;white-space:pre;width:107.5pt"> loans. The expected credit<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:378.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.9pt">losses over the contractual period of our loans are impacted by our obligations to extend further credit through our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:390.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:145.49pt">unfunded loan commitments. See <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.99pt;position:var(--position);text-decoration:none;white-space:pre;width:29.23pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.22pt;position:var(--position);text-decoration:none;white-space:pre;width:320.21pt"> for further discussion of the CECL reserves related to our unfunded loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:76.6pt">commitments, and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:135.1pt;position:var(--position);text-decoration:none;white-space:pre;width:32.07pt">Note 22<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:237.83pt"> for further discussion of our unfunded loan commitments. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405pt;position:var(--position);text-decoration:none;white-space:pre;width:45.82pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.82pt;position:var(--position);text-decoration:none;white-space:pre;width:43.7pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:494.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.65pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:497.17pt;position:var(--position);text-decoration:none;white-space:pre;width:56.19pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:58.58pt">, we recorded <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.07999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:45.3pt">an increase<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:182.38pt;position:var(--position);text-decoration:none;white-space:pre;width:282.06pt"> in the CECL reserves related to our unfunded loan commitments of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.44pt;position:var(--position);text-decoration:none;white-space:pre;width:49.51pt">$1.2 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.45pt;position:var(--position);text-decoration:none;white-space:pre;width:37.03pt"> bringing<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:424.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:232.21pt">our total unfunded loan commitments CECL reserve to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.71000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:55.06pt">$11.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.77pt;position:var(--position);text-decoration:none;white-space:pre;width:27.78pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.55pt;position:var(--position);text-decoration:none;white-space:pre;width:80.96pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.51pt;position:var(--position);text-decoration:none;white-space:pre;width:6.21pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:460.72pt;position:var(--position);text-decoration:none;white-space:pre;width:7.22pt">D<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:467.94pt;position:var(--position);text-decoration:none;white-space:pre;width:40.72pt">uring the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.66pt;position:var(--position);text-decoration:none;white-space:pre;width:44.76pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:436.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.06pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.56pt;position:var(--position);text-decoration:none;white-space:pre;width:64.88pt">, we recorded <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.44pt;position:var(--position);text-decoration:none;white-space:pre;width:44.06pt">a decrease<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.5pt;position:var(--position);text-decoration:none;white-space:pre;width:302pt"> in the CECL reserves related to our unfunded loan commitments of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.85pt">$5.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.35pt;position:var(--position);text-decoration:none;white-space:pre;width:263.9pt">, bringing our total unfunded loan commitments CECL reserve to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.25pt;position:var(--position);text-decoration:none;white-space:pre;width:53.85pt">$10.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.1pt;position:var(--position);text-decoration:none;white-space:pre;width:24.15pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:449.25pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:318.01pt">The following table details the components of our other assets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.51pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:469.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:329.25pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:84pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:329.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);width:84pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued interest receivable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">132,975<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:12.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.79pt"></span></span><span style="left:47.42pt;position:var(--position)">160,131<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Real estate intangible assets, net<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:39.54pt"></span></span><span style="left:42.17pt;position:var(--position)">117,089<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:27.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">77,289<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Accounts receivable and other assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:149.65pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">56,848<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:42.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.79pt"></span></span><span style="left:47.42pt;position:var(--position)">134,030<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other real estate assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">42,153<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:57.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">9,338<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Loan portfolio payments held by servicer<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:167.73pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">27,374<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:72.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.79pt"></span></span><span style="left:47.42pt;position:var(--position)">113,199<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collateral deposited under derivative agreements<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">25,300<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:87.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">4,810<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">10,492<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:102.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">72,454<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Prepaid expenses<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.54pt"></span></span><span style="left:52.17pt;position:var(--position)">1,032<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:117.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">1,002<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">413,263<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:132.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.79pt"></span></span><span style="left:47.42pt;position:var(--position)">572,253<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:622.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:630.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:37.35pt">Includes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.85pt;position:var(--position);text-decoration:none;white-space:pre;width:54.85pt">$55.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.7pt;position:var(--position);text-decoration:none;white-space:pre;width:21.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.13pt;position:var(--position);text-decoration:none;white-space:pre;width:54.85pt">$95.5 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.98pt;position:var(--position);text-decoration:none;white-space:pre;width:27.15pt"> as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.13pt;position:var(--position);text-decoration:none;white-space:pre;width:80.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.67pt;position:var(--position);text-decoration:none;white-space:pre;width:21.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.1pt;position:var(--position);text-decoration:none;white-space:pre;width:80.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.64pt;position:var(--position);text-decoration:none;white-space:pre;width:89.83pt">, respectively, of cash<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:642pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.83pt">collateral held by our CLOs that was subsequently remitted by the trustee to repay a portion of the outstanding<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:653.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:437.84pt">senior CLO securities, or that was subsequently reinvested by purchasing additional collateral into our CLOs.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:665pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.02pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:134.52pt;position:var(--position);text-decoration:none;white-space:pre;width:45.3pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:179.82pt;position:var(--position);text-decoration:none;white-space:pre;width:4.25pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:184.07pt;position:var(--position);text-decoration:none;white-space:pre;width:82.04pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.11pt;position:var(--position);text-decoration:none;white-space:pre;width:287.23pt">, a note receivable that was previously included in this balance was<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:676.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:307.95pt">deemed non-recoverable, and we recorded a charge-off of CECL reserves of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:393.45pt;position:var(--position);text-decoration:none;white-space:pre;width:48.85pt">$6.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:442.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:688pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.92pt">Primarily represents loan principal repayments held by our third-party loan servicers as of the balance sheet date that<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:699.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:237.74pt">were remitted to us during the subsequent remittance cycle.<span style="display:inline-block;height:6.93pt"></span></span></div> 132975000 160131000 117089000 77289000 56848000 134030000 42153000 9338000 27374000 113199000 25300000 4810000 10492000 72454000 1032000 1002000 413263000 572253000 55500000 95500000 6800000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:331.85pt">The following table details the components of our other liabilities ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:12pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:12pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:3pt"> <span style="display:inline-block;height:8.32pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:96.8pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:329.25pt"></td><td style="padding:0;width:78.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:84pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:329.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);width:78.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.06pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);width:84pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other real estate liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:12.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">127,703<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:12.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.79pt"></span></span><span style="left:52.42pt;position:var(--position)">72,018<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued dividends payable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:27.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">79,081<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:27.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">81,214<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued interest payable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:42.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">58,871<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:42.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">77,855<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Other secured debt<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:78.08999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:57.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">39,475<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:57.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:67.29pt"></span></span><span style="left:69.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivative liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:72.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">26,596<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:72.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">5,238<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued management fees payable<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:87.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">16,434<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:87.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">18,534<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable and other liabilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:102.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">14,653<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:102.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">13,834<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Debt repayments pending servicer remittance<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:184.04pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:117.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">11,748<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:117.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:54.79pt"></span></span><span style="left:57.42pt;position:var(--position)">3,742<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Current expected credit loss reserves for unfunded loan commitments<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:280.64pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:132.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:44.54pt"></span></span><span style="left:47.17pt;position:var(--position)">11,617<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:132.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:49.79pt"></span></span><span style="left:52.42pt;position:var(--position)">10,412<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:329.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:329.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:329.25pt;position:var(--position);top:147.75pt;width:78.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:78.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">386,178<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:147.75pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:39.79pt"></span></span><span style="left:47.42pt;position:var(--position)">282,847<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:264.55pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:274.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:229.41pt">Represents financing on our retained investment in the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.90999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:121.42pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.33pt;position:var(--position);text-decoration:none;white-space:pre;width:43.16pt">. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.49pt;position:var(--position);text-decoration:none;white-space:pre;width:27.99pt">Note 8<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.48pt;position:var(--position);text-decoration:none;white-space:pre;width:3.57pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:511.05pt;position:var(--position);text-decoration:none;white-space:pre;width:42.42pt">for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:285.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.67pt">information.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:297.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.99pt">Represents pending transfers from our third-party loan servicer that were remitted to our banking counterparties or<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:308.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:213.89pt">CLO trustees during the subsequent remittance cycle.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:320.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:292.98pt">Represents the CECL reserve related to our unfunded loan commitments.<span style="display:inline-block;height:6.93pt"></span></span></div> 127703000 72018000 79081000 81214000 58871000 77855000 39475000 0 26596000 5238000 16434000 18534000 14653000 13834000 11748000 3742000 11617000 10412000 386178000 282847000 1200000000 53 1200000 11600000 -5000000 10400000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">SECURED DEBT, NET<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:351.41pt">Our secured debt represents borrowings under our secured credit facilities. During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.91pt;position:var(--position);text-decoration:none;white-space:pre;width:44pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.95pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.86pt;position:var(--position);text-decoration:none;white-space:pre;width:79.44pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.3pt;position:var(--position);text-decoration:none;white-space:pre;width:17.1pt">, we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:4.43pt">c<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:62.93pt;position:var(--position);text-decoration:none;white-space:pre;width:23.59pt">losed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.52pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">$3.2 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.6pt;position:var(--position);text-decoration:none;white-space:pre;width:111.31pt"> of new borrowings against <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.91pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">$4.1 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:289.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.49pt;position:var(--position);text-decoration:none;white-space:pre;width:76.26pt">of collateral assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:245.57pt">The following table details our secured debt ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:553.05pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:341.25pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:70.5pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:341.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td colspan="3" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.8pt;width:153.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:53.9pt;position:var(--position);white-space:pre">Secured Debt <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:153.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:34.57pt;position:var(--position);white-space:pre">Borrowings Outstanding<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:119.16999999999999pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:341.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:21.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:21.75pt;width:70.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.94pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:341.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Secured credit facilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:34.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.54pt"></span></span><span style="left:31.169999999999998pt;position:var(--position)">10,125,839<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:34.5pt;width:70.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:18.79pt"></span></span><span style="left:26.419999999999998pt;position:var(--position)">9,705,529<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:341.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:341.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Deferred financing costs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:100.83999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:49.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:48.46pt;position:var(--position);text-decoration:none;white-space:pre">(8,547)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:49.5pt;width:70.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:38.71pt;position:var(--position);text-decoration:none;white-space:pre">(9,195)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:341.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value of secured debt<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:64.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.54pt"></span></span><span style="left:31.169999999999998pt;position:var(--position)">10,117,292<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:64.5pt;width:70.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:18.79pt"></span></span><span style="left:26.419999999999998pt;position:var(--position)">9,696,334<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:637.55pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:649.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre">Costs incurred in connection with our secured debt are recorded on our consolidated balance sheets when incurred <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:660.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre">and recognized as a component of interest expense over the life of each related facility.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:433.61pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:690.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">Secured Credit Facilities<span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:707.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:270.79pt">Our secured credit facilities are bilateral agreements we use to f<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.29pt;position:var(--position);text-decoration:none;white-space:pre;width:202.24pt">inance diversified pools of senior loan collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.53pt;position:var(--position);text-decoration:none;white-space:pre;width:21.88pt"> with<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:719.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.87pt">sufficient flexibility to accommodate our investment and asset management strategy. The facilities are generally structured<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">to provide currency, index, and term-matched financing without capital markets-based mark-to-market provisions. Our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:150.42pt">credit facilities are diversified across <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208.92pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">15<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.92pt;position:var(--position);text-decoration:none;white-space:pre;width:334.55pt"> counterparties, primarily consisting of top global financial institutions to minimize<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:77pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:124.89pt">our counterparty risk exposure.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:100.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:242.43pt">The following table details our secured credit facilities as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.93pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.47pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:112pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:44.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:39.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:57pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:32.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:57pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:29.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:56.25pt"></td></tr><tr style="height:14.25pt"><td colspan="19" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:494.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:494.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:214.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:44.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:14.25pt;width:39.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:14.25pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:14.25pt;width:32.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:14.25pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:14.25pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.28pt;position:var(--position);text-decoration:none;white-space:pre">Recourse Limitation<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:23.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27pt;width:44.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Currency<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:27pt;width:39.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:39.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.86pt;position:var(--position);white-space:pre">Lenders<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:30.83pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:27pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.51pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.69pt;position:var(--position);white-space:pre">Wtd. Avg. <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.55pt;position:var(--position);white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.629999999999995pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:27pt;width:32.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.51pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.24pt;position:var(--position);text-decoration:none;white-space:pre">Loan <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.47pt;position:var(--position);text-decoration:none;white-space:pre">Count<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:27pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:57pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.37pt;position:var(--position);white-space:pre">Collateral<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.559999999999995pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.69pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.55pt;position:var(--position);white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.629999999999995pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:27pt;width:29.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.51pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.01pt;position:var(--position);text-decoration:none;white-space:pre">Wtd. <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.68pt;position:var(--position);text-decoration:none;white-space:pre">Avg.<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:27pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.18pt;position:var(--position);text-decoration:none;white-space:pre">Range<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.12pt;position:var(--position);text-decoration:none;white-space:pre">USD<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:50.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.87pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:50.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:5.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">4,284,949<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:50.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:4.78pt;position:var(--position);text-decoration:none;white-space:pre">November 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:50.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.12pt;position:var(--position);text-decoration:none;white-space:pre">80<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:50.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:5.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">6,478,546<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:50.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">December 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:50.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">32%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:50.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.13pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.459999999999997pt;position:var(--position);white-space:pre"> - <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.79pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.4pt;position:var(--position);text-decoration:none;white-space:pre">GBP<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:65.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.37pt;position:var(--position);text-decoration:none;white-space:pre">7<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:65.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">2,635,148<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:65.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:4.78pt;position:var(--position);text-decoration:none;white-space:pre">November 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:65.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.12pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:65.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">3,568,084<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:65.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">December 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:65.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:65.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.96pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.13pt;position:var(--position);text-decoration:none;white-space:pre">EUR<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:80.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:80.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">1,716,537<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:80.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.43pt;position:var(--position);text-decoration:none;white-space:pre">August 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:80.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.12pt;position:var(--position);text-decoration:none;white-space:pre">10<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:80.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">2,421,382<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:80.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.78pt;position:var(--position);text-decoration:none;white-space:pre">October 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:80.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">42%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:80.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.13pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.459999999999997pt;position:var(--position);white-space:pre"> - <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.79pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:5.77pt;position:var(--position);white-space:pre">Others<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:32.41pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:95.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.37pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:95.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">1,489,205<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:95.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.33pt;position:var(--position);text-decoration:none;white-space:pre">April 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:95.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:13.62pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:95.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">1,870,394<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:95.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.71pt;position:var(--position);text-decoration:none;white-space:pre">May 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:95.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:95.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.96pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.59pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:110.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.87pt;position:var(--position);text-decoration:none;white-space:pre">15<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:110.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:0.29pt"></span></span><span style="left:7.92pt;position:var(--position)">10,125,839<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:110.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.33pt;position:var(--position);text-decoration:none;white-space:pre">April 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:110.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.62pt;position:var(--position);text-decoration:none;white-space:pre">113<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:110.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:0.29pt"></span></span><span style="left:7.92pt;position:var(--position)">14,338,406<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:110.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.71pt;position:var(--position);text-decoration:none;white-space:pre">May 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:110.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">31%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:110.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.13pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.459999999999997pt;position:var(--position);white-space:pre"> - <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.79pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:242.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.99pt">Represents the number of lenders with fundings advanced in each respective currency, as well as the total number of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:246.55pt">facility lenders. The total number of facility lenders includes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.05pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.48pt;position:var(--position);text-decoration:none;white-space:pre;width:107.85pt"> additional lender that had <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.33pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.33pt;position:var(--position);text-decoration:none;white-space:pre;width:6.04pt"> f<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.37pt;position:var(--position);text-decoration:none;white-space:pre;width:83.12pt">undings advanced as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:276.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.33pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:288.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.93pt">Our secured debt agreements are generally term-matched to their underlying collateral. Therefore, the weighted-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">average maturity is generally allocated based on the maximum maturity date of the collateral loans, assuming all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.91pt">extension options are exercised by the borrower. In limited instances, the maturity date of the respective secured<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:322.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85.98pt">credit facility is used.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:334.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.98pt">Represents the principal balance of the collateral loan assets and the carrying value of the collateral owned real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.02pt">estate assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(4)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.93pt">Maximum maturity assumes all extension options are exercised by the borrower; however, our loans may be repaid<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.15pt">prior to such date.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:380.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(5)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:306.04pt">Includes Australian Dollar, Canadian Dollar, and Swedish Krona currencies.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.95pt">The availability of funding under our secured credit facilities is based on the amount of approved collateral, which<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">collateral is proposed by us in our discretion and approved by the respective counterparty in its discretion, resulting in a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:426.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.94pt">mutually agreed collateral portfolio construction. Certain structural elements of our secured credit facilities, including the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:438.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">limitation on recourse to us and facility economics, are influenced by the specific collateral portfolio construction of each<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:235.23pt">facility, and therefore vary within and among the facilities.<span style="display:inline-block;height:6.93pt"></span></span></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:297.06pt">The following tables detail the spread of our secured credit facilities as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.56pt;position:var(--position);text-decoration:none;white-space:pre;width:78.62pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.18pt;position:var(--position);text-decoration:none;white-space:pre;width:19.51pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.69pt;position:var(--position);text-decoration:none;white-space:pre;width:78.62pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.31pt;position:var(--position);text-decoration:none;white-space:pre;width:21.18pt"> ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:76.4pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:87pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td></tr><tr style="height:20.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.49pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);width:87pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.62pt;width:87pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.96pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.03pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.62pt;width:87pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);width:301.5pt"><div><div style="line-height:8pt;position:var(--position);top:11.62pt;width:301.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:118.44pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:32.25pt"><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:20.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:99.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Spread<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:27.05pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:20.25pt;width:87pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:87pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.27pt;position:var(--position);white-space:pre">New Financings<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:67.66pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:20.25pt;width:57.75pt"><div><div style="line-height:8pt;position:var(--position);top:15.62pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.77pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.89pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.24pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.94pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.51pt;position:var(--position);white-space:pre">Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:26.049999999999997pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(3)(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:20.25pt;width:57.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:57.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.75pt;position:var(--position);white-space:pre">Collateral<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.94pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.24pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.94pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.21pt;position:var(--position);white-space:pre">Yield<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:30.41pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.07pt;position:var(--position);white-space:pre">Net Interest<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.46pt;position:var(--position);white-space:pre"> Margin<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:38.22pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(6)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:99.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.50% or less<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:64.9pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(7)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:52.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:35.29pt"></span></span><span style="left:42.92pt;position:var(--position)">2,018,709<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:52.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">5,098,876<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.54<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:52.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">6,936,909<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.97<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.43<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.51% to + 1.75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:67.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.79pt"></span></span><span style="left:50.42pt;position:var(--position)">660,636<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:67.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">2,419,595<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:67.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">3,232,654<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.76% to + 2.00%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:82.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.79pt"></span></span><span style="left:50.42pt;position:var(--position)">325,160<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:82.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,088,336<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.08<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:82.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,797,080<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.94<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+0.86<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 2.01% or more<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:97.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51.87pt;position:var(--position);text-decoration:none;white-space:pre">153,625<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:97.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,519,032<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.74<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:97.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">2,371,763<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+4.25<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.51<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:112.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:35.29pt"></span></span><span style="left:42.92pt;position:var(--position)">3,158,130<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:112.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:1.04pt"></span></span><span style="left:8.67pt;position:var(--position)">10,125,839<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.83<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:112.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:1.04pt"></span></span><span style="left:8.67pt;position:var(--position)">14,338,406<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.29<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.46<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:215.9pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td></tr><tr style="height:20.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.49pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);width:86.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.62pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.59pt;position:var(--position);white-space:pre">Year Ended <span style="display:inline-block;height:5.41pt"></span></span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.62pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);width:302.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.62pt;width:302.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:118.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:32.25pt"><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:20.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:99.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Spread<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:27.05pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:20.25pt;width:86.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.9pt;position:var(--position);white-space:pre">New Financings<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:67.29pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:20.25pt;width:57.75pt"><div><div style="line-height:8pt;position:var(--position);top:15.62pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.77pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.89pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.24pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.94pt;position:var(--position);white-space:pre">Wtd. Avg. <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.51pt;position:var(--position);white-space:pre">Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:26.049999999999997pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(3)(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:20.25pt;width:57.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:57.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.75pt;position:var(--position);white-space:pre">Collateral<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.94pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.24pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.94pt;position:var(--position);white-space:pre">Wtd. Avg. <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.21pt;position:var(--position);white-space:pre">Yield<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:30.41pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.07pt;position:var(--position);white-space:pre">Net Interest<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.46pt;position:var(--position);white-space:pre">Margin<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:37.22pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(6)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.50% or less<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:52.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.04pt"></span></span><span style="left:49.67pt;position:var(--position)">165,616<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:52.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">3,976,192<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.53<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:52.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">6,185,925<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.18<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.65<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.51% to + 1.75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:67.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">74,118<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:67.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">2,238,376<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.78<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:67.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">3,140,937<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.52<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.74<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.76% to + 2.00%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:82.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:82.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:18.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">969,541<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.09<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:82.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,802,431<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.67<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.58<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 2.01% or more<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:97.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51.12pt;position:var(--position);text-decoration:none;white-space:pre">374,407<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:97.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">2,521,420<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.61<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:97.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">3,678,528<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+4.31<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.70<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:112.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.04pt"></span></span><span style="left:49.67pt;position:var(--position)">614,141<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:112.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">9,705,529<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.92<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:112.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:1.04pt"></span></span><span style="left:8.67pt;position:var(--position)">14,807,821<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.58<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.66<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:348.4pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.9pt">The spread, all-in cost, and all-in yield are expressed over the relevant floating benchmark rates, which include<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:371.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:278.92pt">SOFR, SONIA, EURIBOR, CORRA, and other indices as applicable.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:382.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:228.9pt">Represents the amount of new borrowings we closed<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.4pt;position:var(--position);text-decoration:none;white-space:pre;width:53.39pt"> during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.79pt;position:var(--position);text-decoration:none;white-space:pre;width:49.97pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.76pt;position:var(--position);text-decoration:none;white-space:pre;width:5.03pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.79pt;position:var(--position);text-decoration:none;white-space:pre;width:83.6pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.39pt;position:var(--position);text-decoration:none;white-space:pre;width:24.49pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.88pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:394.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.75pt">respectively.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.87pt">In addition to spread, the cost includes the associated deferred fees and expenses related to the respective<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.93pt">borrowings. In addition to cash coupon, all-in yield includes the amortization of deferred origination and extension<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:428.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.93pt">fees, loan origination costs, and purchase discounts, as well as the accrual of exit fees. All-in yield excludes loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:440.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:398.68pt">accounted for under the cost-recovery and nonaccrual methods, if any, and owned real estate assets.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(4)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:203.24pt">Represents the weighted-average all-in cost as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.74pt;position:var(--position);text-decoration:none;white-space:pre;width:79.94pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:368.68pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.51pt;position:var(--position);text-decoration:none;white-space:pre;width:79.94pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.45pt;position:var(--position);text-decoration:none;white-space:pre;width:83.94pt">, respectively, and is<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:324.04pt">not necessarily indicative of the spread applicable to recent or future borrowings.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:474.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(5)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.98pt">Represents the principal balance of the collateral loan assets and the carrying value of the collateral owned real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:486.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.02pt">estate assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:497.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(6)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:406.62pt">Represents the difference between the weighted-average all-in yield and weighted-average all-in cost.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:509.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(7)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:162.14pt">Includes an interest rate swap with a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.64pt;position:var(--position);text-decoration:none;white-space:pre;width:55.89pt">$35.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.53pt;position:var(--position);text-decoration:none;white-space:pre;width:249.9pt"> notional amount that effectively converts our floating rate<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:520.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:328.15pt">liability to a fixed rate liability to align with the financed fixed rate loan exposure.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:544.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.85pt">Our secured credit facilities generally permit us to increase or decrease the amount advanced against the pledged collateral<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:555.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:388.76pt">in our discretion within certain maximum/minimum amounts and frequency limitations. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.26pt;position:var(--position);text-decoration:none;white-space:pre;width:80.3pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.56pt;position:var(--position);text-decoration:none;white-space:pre;width:25.84pt">, there<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:71.29pt">was an aggregate <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:129.79000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:58.85pt">$551.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.64pt;position:var(--position);text-decoration:none;white-space:pre;width:261.31pt"> available to be drawn at our discretion under our credit facilities.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:596.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">Financial Covenants <span style="display:inline-block;height:6.77pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:614.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.98pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.48pt;position:var(--position);text-decoration:none;white-space:pre;width:79.08pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.56pt;position:var(--position);text-decoration:none;white-space:pre;width:390.77pt">, we are subject to the following financial covenants related to our secured debt and secured debt<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">of our unconsolidated entities: (i) our ratio of earnings before interest, taxes, depreciation, and amortization, or EBITDA, to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:637.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:270.81pt">fixed charges, as defined in the agreements, shall be not less than <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.31pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">1.3<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:341.81pt;position:var(--position);text-decoration:none;white-space:pre;width:211.66pt"> to 1.0; (ii) our tangible net worth, as defined in the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:648.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:140.3pt">agreements, shall not be less than <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.8pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">$3.6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.3pt;position:var(--position);text-decoration:none;white-space:pre;width:173pt"> billion as of each measurement date plus <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.3pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">75%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.63pt;position:var(--position);text-decoration:none;white-space:pre;width:14.13pt"> to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.76pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">85%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.09pt;position:var(--position);text-decoration:none;white-space:pre;width:113.4pt"> of the net cash proceeds of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:660.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:153.14pt">future equity issuances subsequent to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.64pt;position:var(--position);text-decoration:none;white-space:pre;width:79.3pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.94pt;position:var(--position);text-decoration:none;white-space:pre;width:239.93pt">; (iii) cash liquidity shall not be less than the greater of (x) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.87pt;position:var(--position);text-decoration:none;white-space:pre;width:22.5pt">$10.0<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:671.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:117.39pt">million or (y) no more than <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.89pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt">5%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.22pt;position:var(--position);text-decoration:none;white-space:pre;width:304.67pt"> of our recourse indebtedness; and (iv) our indebtedness shall not exceed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.89pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">83.33%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.72pt;position:var(--position);text-decoration:none;white-space:pre;width:28.6pt"> of our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:683.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.98pt">total assets. As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.48000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.02pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.45pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.99pt;position:var(--position);text-decoration:none;white-space:pre;width:185.59pt">, we were in compliance with these covenants.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">SECURITIZED DEBT OBLIGATIONS, NET <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.92pt">We have financed certain pools of our loans through CLOs and have also financed one of our loans through a securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.53pt">vehicle, or the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.03pt;position:var(--position);text-decoration:none;white-space:pre;width:122.06pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:244.09pt;position:var(--position);text-decoration:none;white-space:pre;width:87.98pt">. The CLOs and the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.07pt;position:var(--position);text-decoration:none;white-space:pre;width:122.06pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.13pt;position:var(--position);text-decoration:none;white-space:pre;width:99.34pt"> are consolidated in our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:94.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:416.94pt">financial statements and have issued securitized debt obligations that are non-recourse to us. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.44pt;position:var(--position);text-decoration:none;white-space:pre;width:32.64pt">Note 20<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:508.08pt;position:var(--position);text-decoration:none;white-space:pre;width:45.29pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:106pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:131.14pt">discussion of our CLOs and the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.64pt;position:var(--position);text-decoration:none;white-space:pre;width:120.06pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.7pt;position:var(--position);text-decoration:none;white-space:pre;width:5.39pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.09pt;position:var(--position);text-decoration:none;white-space:pre;width:6.1pt">T<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.19pt;position:var(--position);text-decoration:none;white-space:pre;width:232.16pt">he following tables detail our securitized debt obligations<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:298.24pt">and the underlying collateral assets that are financed by our CLOs and the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.74pt;position:var(--position);text-decoration:none;white-space:pre;width:119.28pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.02pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.7pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:129pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:204pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:27pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:71.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:204pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td colspan="10" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:204pt;position:var(--position);width:291pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:291pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:113.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:204pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Securitized Debt Obligations<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:12.75pt;width:27pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.84pt;position:var(--position);text-decoration:none;white-space:pre">Count<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:12.75pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.86pt;position:var(--position);text-decoration:none;white-space:pre">Principal<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.08pt;position:var(--position);text-decoration:none;white-space:pre"> Balance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:12.75pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:20.74pt;position:var(--position);white-space:pre">Book<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.6pt;position:var(--position);white-space:pre">Value<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:36.58pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:12.75pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.19pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.58pt;position:var(--position);white-space:pre"> Yield/Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.54pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:12.75pt;width:71.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:71.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.05pt;position:var(--position);white-space:pre">Term<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.14pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">CLOs<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:48.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">2025 FL5 Collateralized Loan Obligation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:63.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:63.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:63.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">831,250<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:63.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">822,243<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:63.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.15<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:63.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.28pt;position:var(--position);text-decoration:none;white-space:pre">October 2042<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:78.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:78.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">18<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:78.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">944,537<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:78.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">944,537<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:78.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 3.49<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:78.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.28pt;position:var(--position);text-decoration:none;white-space:pre">October 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:93.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">2021 FL4 Collateralized Loan Obligation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:93.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:93.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:93.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:93.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:93.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:108.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:108.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:108.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">605,613<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:108.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">605,613<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:108.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.45<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:108.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.21pt;position:var(--position);text-decoration:none;white-space:pre">May 2038<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:123.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:123.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">16<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:123.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">736,360<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:123.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">736,360<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:123.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 3.18<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:123.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.33pt;position:var(--position);text-decoration:none;white-space:pre">February 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:138.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">2020 FL2 Collateralized Loan Obligation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:153.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:153.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:153.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">519,967<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:153.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">519,967<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:153.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.82<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:153.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.33pt;position:var(--position);text-decoration:none;white-space:pre">February 2038<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:168.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:168.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">11<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:168.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">691,964<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:168.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">691,964<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:168.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.84<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:168.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.83pt;position:var(--position);text-decoration:none;white-space:pre">January 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:183.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);white-space:pre">Total CLOs<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:198.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:198.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:198.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">1,956,830<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:198.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">1,947,823<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:198.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.84<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.63pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:213.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">45<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:213.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:12.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,372,861<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:213.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:12.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,372,861<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:213.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 3.22<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:243.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Financing Provided<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:243.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:243.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">192,666<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:243.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">191,896<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:243.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.53<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:243.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.04pt;position:var(--position);text-decoration:none;white-space:pre">July 2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:258.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:4.5825000000000005pt;font-style:normal;font-weight:normal;left:126.6pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:258.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:258.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">249,160<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:258.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">246,421<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:258.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.97<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:423.75pt;position:var(--position);top:258.75pt;width:71.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:71.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.04pt;position:var(--position);text-decoration:none;white-space:pre">July 2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:273.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:1.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:26.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:288.75pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.13pt;position:var(--position);white-space:pre">Senior CLO Securities Outstanding / <span style="display:inline-block;height:6.93pt"></span></span></div><div style="line-height:10pt;position:var(--position);top:15.15pt;width:204pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:25.13pt;position:var(--position);white-space:pre">Financing Provided<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:4.5825000000000005pt;font-style:normal;font-weight:normal;left:103.67999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:288.75pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:288.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,149,496<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:288.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,139,719<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:288.75pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.82<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:315pt;width:204pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:204pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.13pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:207pt;position:var(--position);top:315pt;width:27pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:27pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.5pt;position:var(--position);text-decoration:none;white-space:pre">46<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:237pt;position:var(--position);top:315pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:12.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,622,021<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:299.25pt;position:var(--position);top:315pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:12.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,619,282<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:315pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 3.22<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:464pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:15.75pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:484.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.88pt">The book value of underlying collateral assets excludes any applicable CECL reserves.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:496.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.87pt">In addition to cash coupon, all-in yield includes the amortization of deferred origination and extension fees, loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:507.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:247.21pt">origination costs, purchase discounts, and accrual of exit fees.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519.25pt;width:612pt"><span style="-sec-ix-hidden:f-1785"><span style="-sec-ix-hidden:f-1786"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.92pt">The weighted-average all-in yield and cost are expressed as a spread over the relevant floating benchmark rates,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:530.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:222.67pt">which is SOFR for the CLOs and EURIBOR for the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.16999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:4.08pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.25pt;position:var(--position);text-decoration:none;white-space:pre;width:122.44pt">European Loan Securitization<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.69pt;position:var(--position);text-decoration:none;white-space:pre;width:6.58pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.27pt;position:var(--position);text-decoration:none;white-space:pre;width:112.11pt">All-in yield excludes loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:542.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:398.68pt">accounted for under the cost-recovery and nonaccrual methods, if any, and owned real estate assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:553.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(4)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.99pt">Underlying collateral assets term represents the weighted-average final maturity of such loans, assuming all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:565.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">extension options are exercised by the borrower, and excludes owned real estate assets. Repayments of securitized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.84pt">debt obligations are tied to timing of the related collateral loan asset repayments. The term of these obligations<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:588.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:254.37pt">represents the rated final distribution date of the securitizations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:599.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(5)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:75.26pt">We financed our <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.76pt;position:var(--position);text-decoration:none;white-space:pre;width:55.91pt">$55.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.67pt;position:var(--position);text-decoration:none;white-space:pre;width:336.8pt"> retained interests in the securitization under a repurchase agreement structured<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:611.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.91pt">without capital markets-based mark-to-market provisions. The amount of the financing is included in other liabilities<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:141.22pt">on our consolidated balance sheets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(6)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.92pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:43.75pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.7pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.87pt;position:var(--position);text-decoration:none;white-space:pre;width:78.94pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.81pt;position:var(--position);text-decoration:none;white-space:pre;width:57.2pt">, we recorded <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.01pt;position:var(--position);text-decoration:none;white-space:pre;width:59.05pt">$140.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.06pt;position:var(--position);text-decoration:none;white-space:pre;width:180.31pt"> of interest expense related to our securitized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.6pt">debt obligations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:54pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:171.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:51pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:59.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:79.5pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:171.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td colspan="10" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:171.75pt;position:var(--position);width:323.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:323.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:129.31pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:171.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Securitized Debt Obligations<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:12.75pt;width:51pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.84pt;position:var(--position);text-decoration:none;white-space:pre">Count<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:12.75pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.12pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.86pt;position:var(--position);text-decoration:none;white-space:pre">Principal<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.08pt;position:var(--position);text-decoration:none;white-space:pre"> Balance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:12.75pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.72pt;position:var(--position);white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:46.47pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:12.75pt;width:59.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.19pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:59.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:4.58pt;position:var(--position);white-space:pre"> Yield/Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.54pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:12.75pt;width:79.5pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:79.5pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:27.17pt;position:var(--position);white-space:pre">Term<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:46.260000000000005pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2021 FL4 Collateralized Loan Obligation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:49.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:49.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">785,453<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:49.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">785,442<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:49.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.39<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:49.5pt;width:79.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:79.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.34pt;position:var(--position);text-decoration:none;white-space:pre">May 2038<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:64.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre">22<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:64.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">952,764<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:64.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">952,764<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:64.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.95<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:64.5pt;width:79.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:79.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.06pt;position:var(--position);text-decoration:none;white-space:pre">August 2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2020 FL3 Collateralized Loan Obligation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:94.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:94.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:94.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">552,664<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:94.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">552,663<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:94.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.92<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:94.5pt;width:79.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:79.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.41pt;position:var(--position);text-decoration:none;white-space:pre">November 2037<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:109.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:109.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:109.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">743,914<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:109.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">743,914<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:109.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.92<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:109.5pt;width:79.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:79.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:19.34pt;position:var(--position);text-decoration:none;white-space:pre">June 2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:124.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">2020 FL2 Collateralized Loan Obligation<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:139.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23pt;position:var(--position);text-decoration:none;white-space:pre">1<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:139.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">598,850<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:139.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">598,851<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:139.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:139.5pt;width:79.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:79.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.46pt;position:var(--position);text-decoration:none;white-space:pre">February 2038<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:154.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:154.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:154.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">855,725<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:154.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:20.04pt"></span></span><span style="left:22.669999999999998pt;position:var(--position)">855,725<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:154.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.79<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:415.5pt;position:var(--position);top:154.5pt;width:79.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:79.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.06pt;position:var(--position);text-decoration:none;white-space:pre">August 2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:169.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:184.5pt;width:171.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Senior CLO Securities Outstanding<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:161.8pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:184.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:23pt;position:var(--position);text-decoration:none;white-space:pre">3<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:184.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">1,936,967<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:184.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">1,936,956<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:184.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 1.57<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:171.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:171.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20pt;position:var(--position);text-decoration:none;white-space:pre">Underlying Collateral Assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:174.75pt;position:var(--position);top:199.5pt;width:51pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:51pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:20.5pt;position:var(--position);text-decoration:none;white-space:pre">46<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:228.75pt;position:var(--position);top:199.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,552,403<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:291pt;position:var(--position);top:199.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:7.54pt"></span></span><span style="left:15.169999999999998pt;position:var(--position)">2,552,403<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:353.25pt;position:var(--position);top:199.5pt;width:59.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:59.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:21.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:21.21pt;position:var(--position)">+ 2.98<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:50.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:273.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:283pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.88pt">The book value of underlying collateral assets excludes any applicable CECL reserves.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:294.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.87pt">In addition to cash coupon, all-in yield includes the amortization of deferred origination and extension fees, loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:306pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:247.21pt">origination costs, purchase discounts, and accrual of exit fees.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:317.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:346.95pt">The weighted-average all-in yield and cost are expressed as a spread over SOFR<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.45pt;position:var(--position);text-decoration:none;white-space:pre;width:120.93pt">. All-in yield excludes loans<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:329pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:281.62pt">accounted for under the cost-recovery and nonaccrual methods, if any.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:340.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(4)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.99pt">Underlying collateral assets term represents the weighted-average final maturity of such loans, assuming all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:352pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.94pt">extension options are exercised by the borrower. Repayments of securitized debt obligations are tied to timing of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.96pt">related collateral loan asset repayments. The term of these obligations represents the rated final distribution date of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:375pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:74.88pt">the securitizations.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:386.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(5)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.92pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:43.75pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.17000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.7pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:177.87pt;position:var(--position);text-decoration:none;white-space:pre;width:78.94pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.81pt;position:var(--position);text-decoration:none;white-space:pre;width:57.2pt">, we recorded <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:314.01pt;position:var(--position);text-decoration:none;white-space:pre;width:59.05pt">$157.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.06pt;position:var(--position);text-decoration:none;white-space:pre;width:180.31pt"> of interest expense related to our securitized<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:398pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:66.6pt">debt obligations.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:68.5pt;position:var(--position);text-decoration:none;white-space:pre">ASSET-SPECIFIC DEBT, NET <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:445pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:268.85pt">The following tables detail our asset-specific debt ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:327.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:470.3pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:141pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:74.25pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:141pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td colspan="10" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141pt;position:var(--position);width:354pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:354pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:144.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:141pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset-Specific Debt<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:144.75pt;position:var(--position);top:12.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.97pt;position:var(--position);text-decoration:none;white-space:pre">Count<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:12.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.86pt;position:var(--position);text-decoration:none;white-space:pre">Principal<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.08pt;position:var(--position);text-decoration:none;white-space:pre"> Balance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:12.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.72pt;position:var(--position);white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.47pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:12.75pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:65.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.61pt;position:var(--position);white-space:pre">Yield/Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:47.57pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:12.75pt;width:74.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.69pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.55pt;position:var(--position);white-space:pre"> Term<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:44.64pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:141pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financing provided<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:144.75pt;position:var(--position);top:34.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:34.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:21.04pt"></span></span><span style="left:28.669999999999998pt;position:var(--position)">999,810<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:34.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:21.04pt"></span></span><span style="left:28.669999999999998pt;position:var(--position)">997,746<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:34.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:27.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:27.21pt;position:var(--position)">+ 2.66<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:56.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:34.5pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.83pt;position:var(--position);text-decoration:none;white-space:pre">February 2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:141pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collateral assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:144.75pt;position:var(--position);top:49.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.12pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:49.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">1,243,500<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:49.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">1,234,205<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:49.5pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:27.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:27.21pt;position:var(--position)">+ 4.02<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:56.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:49.5pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.83pt;position:var(--position);text-decoration:none;white-space:pre">February 2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:6.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:141pt"><div><div style="line-height:1pt;position:var(--position);top:3.75pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:1pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:0.69pt"></span></span></div></div></div></td><td colspan="10" style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:141pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td colspan="10" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:141pt;position:var(--position);top:71.25pt;width:354pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:354pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:144.69pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84pt;width:141pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset-Specific Debt<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:144.75pt;position:var(--position);top:84pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:21.97pt;position:var(--position);text-decoration:none;white-space:pre">Count<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:84pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.01pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:16.86pt;position:var(--position);text-decoration:none;white-space:pre">Principal<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.08pt;position:var(--position);text-decoration:none;white-space:pre"> Balance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:84pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:65.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.72pt;position:var(--position);white-space:pre">Book Value<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.47pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:84pt;width:65.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.94pt;width:65.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.61pt;position:var(--position);white-space:pre"> Yield/Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:48.57pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:84pt;width:74.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.69pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.94pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:23.55pt;position:var(--position);white-space:pre"> Term<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:44.64pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:105.75pt;width:141pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Financing provided<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:144.75pt;position:var(--position);top:105.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:105.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">1,228,110<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:105.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">1,224,841<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:105.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:27.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:27.21pt;position:var(--position)">+ 3.20<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:56.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:105.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.71pt;position:var(--position);text-decoration:none;white-space:pre">June 2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:120.75pt;width:141pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:141pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collateral assets<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:144.75pt;position:var(--position);top:120.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.12pt;position:var(--position);text-decoration:none;white-space:pre">2<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:213.75pt;position:var(--position);top:120.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">1,467,185<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:120.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:13.54pt"></span></span><span style="left:21.169999999999998pt;position:var(--position)">1,459,864<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:120.75pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:27.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:27.21pt;position:var(--position)">+ 4.03<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:56.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:420.75pt;position:var(--position);top:120.75pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.71pt;position:var(--position);text-decoration:none;white-space:pre">June 2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:611.05pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:622.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:347.88pt">The book value of underlying collateral assets excludes any applicable CECL reserves.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:634.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="-sec-ix-hidden:f-1838"><span style="-sec-ix-hidden:f-1839"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.92pt">The weighted-average all-in yield and cost are expressed as a spread over the relevant floating benchmark rates,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:202.48pt">which include SOFR and CORRA, as applicable.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.98pt;position:var(--position);text-decoration:none;white-space:pre;width:265.37pt"> These floating rate loans and related liabilities are currency and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.9pt">index-matched to the applicable benchmark rate relevant in each arrangement. In addition to cash coupon, yield/cost<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:668.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:294.63pt">includes the amortization of deferred origination fees and financing costs.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.94pt">The weighted-average term is determined based on the maximum maturity of the corresponding loans, assuming all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:691.55pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.98pt">extension options are exercised by the borrower. Our non-recourse, asset-specific debt is term-matched in each case<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:703.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:147.87pt">to the corresponding collateral loans.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.5pt;position:var(--position);text-decoration:none;white-space:pre">TERM LOANS, NET <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:395.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:48.74pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.24000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:45.16pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:152.4pt;position:var(--position);text-decoration:none;white-space:pre;width:4.11pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.51pt;position:var(--position);text-decoration:none;white-space:pre;width:81.76pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.27pt;position:var(--position);text-decoration:none;white-space:pre;width:135.92pt">, we borrowed an additional (i) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.19pt;position:var(--position);text-decoration:none;white-space:pre;width:47.69pt">$1.0 billion<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.88pt;position:var(--position);text-decoration:none;white-space:pre;width:47.29pt"> under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.17pt;position:var(--position);text-decoration:none;white-space:pre;width:65.37pt">B-6 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.54pt;position:var(--position);text-decoration:none;white-space:pre;width:18.81pt">, (ii)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:406.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:59.65pt">$453.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.15pt;position:var(--position);text-decoration:none;white-space:pre;width:44.86pt"> under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.01pt;position:var(--position);text-decoration:none;white-space:pre;width:63.75pt">B-7 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.76pt;position:var(--position);text-decoration:none;white-space:pre;width:41.8pt">, and (iii) <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.56pt;position:var(--position);text-decoration:none;white-space:pre;width:59.65pt">$700.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:328.21pt;position:var(--position);text-decoration:none;white-space:pre;width:44.86pt"> under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.07pt;position:var(--position);text-decoration:none;white-space:pre;width:63.75pt">B-8 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:436.82pt;position:var(--position);text-decoration:none;white-space:pre;width:101.67pt">. The proceeds from the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:538.49pt;position:var(--position);text-decoration:none;white-space:pre;width:14.99pt">B-6<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.07pt">Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.57pt;position:var(--position);text-decoration:none;white-space:pre;width:82.24pt"> were used to repay <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.81pt;position:var(--position);text-decoration:none;white-space:pre;width:59.26pt">$400.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.07pt;position:var(--position);text-decoration:none;white-space:pre;width:142.32pt"> in principal outstanding under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:387.39pt;position:var(--position);text-decoration:none;white-space:pre;width:62.97pt">B-4 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.36pt;position:var(--position);text-decoration:none;white-space:pre;width:33.13pt"> and all <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.49pt;position:var(--position);text-decoration:none;white-space:pre;width:59.26pt">$648.4 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:542.75pt;position:var(--position);text-decoration:none;white-space:pre;width:10.68pt"> in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429.1pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:128.81pt">principal outstanding under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.31pt;position:var(--position);text-decoration:none;white-space:pre;width:63.01pt">B-5 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.32pt;position:var(--position);text-decoration:none;white-space:pre;width:99.82pt">. The proceeds from the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.14pt;position:var(--position);text-decoration:none;white-space:pre;width:63.01pt">B-7 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:413.15pt;position:var(--position);text-decoration:none;white-space:pre;width:140.24pt"> were used, among other things, to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:440.3pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.88pt">repay the remaining <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:143.38pt;position:var(--position);text-decoration:none;white-space:pre;width:59.68pt">$403.1 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.06pt;position:var(--position);text-decoration:none;white-space:pre;width:144.84pt"> in principal outstanding under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.9pt;position:var(--position);text-decoration:none;white-space:pre;width:63.81pt">B-4 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.71pt;position:var(--position);text-decoration:none;white-space:pre;width:101.82pt">. The proceeds from the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.53pt;position:var(--position);text-decoration:none;white-space:pre;width:39.95pt">B-8 Term<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20.53pt">Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.03pt;position:var(--position);text-decoration:none;white-space:pre;width:181.37pt"> were used, among other things, to repay all <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:260.4pt;position:var(--position);text-decoration:none;white-space:pre;width:59.3pt">$309.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.7pt;position:var(--position);text-decoration:none;white-space:pre;width:142.56pt"> in principal outstanding under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.26pt;position:var(--position);text-decoration:none;white-space:pre;width:63.05pt">B-1 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:525.31pt;position:var(--position);text-decoration:none;white-space:pre;width:28.1pt"> and to<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:462.7pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:24.69pt">repay <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.19pt;position:var(--position);text-decoration:none;white-space:pre;width:58.85pt">$350.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:142.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:139.86pt"> in principal outstanding under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:281.9pt;position:var(--position);text-decoration:none;white-space:pre;width:62.15pt">B-6 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.05pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:485.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:61.23pt">Subsequent to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.72999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:80.92pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.65pt;position:var(--position);text-decoration:none;white-space:pre;width:120.28pt">, we borrowed an additional <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.93pt;position:var(--position);text-decoration:none;white-space:pre;width:60.04pt">$770.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:380.97pt;position:var(--position);text-decoration:none;white-space:pre;width:38.26pt"> under a <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.23pt;position:var(--position);text-decoration:none;white-space:pre;width:64.53pt">B-9 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:483.76pt;position:var(--position);text-decoration:none;white-space:pre;width:69.61pt">, the proceeds of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:497.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:207.32pt">which were used, among other things, to repay all <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:265.82pt;position:var(--position);text-decoration:none;white-space:pre;width:59.47pt">$695.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.29pt;position:var(--position);text-decoration:none;white-space:pre;width:143.58pt"> in principal outstanding under the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.87pt;position:var(--position);text-decoration:none;white-space:pre;width:63.39pt">B-6 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.26pt;position:var(--position);text-decoration:none;white-space:pre;width:21.15pt">. The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:508.9pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:62.15pt">B-9 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.65pt;position:var(--position);text-decoration:none;white-space:pre;width:103.3pt"> bears interest at SOFR + <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:223.95pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">2.50%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.78pt;position:var(--position);text-decoration:none;white-space:pre;width:63.82pt"> and matures in <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.6pt;position:var(--position);text-decoration:none;white-space:pre;width:63.54pt">December 2030<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.14pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:54pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">The following table details the net book value of each of our senior term loan facilities, or Term Loans, on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.08pt">balance sheets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:77pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:144.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:84pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);width:153pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:153pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:57.52pt;position:var(--position);text-decoration:none;white-space:pre">Face Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:144.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Term Loans<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:12.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:12.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:12.75pt;width:50.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.81pt;position:var(--position);white-space:pre">Interest <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:14.1pt;position:var(--position);white-space:pre">Rate<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:30.08pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:12.75pt;width:50.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:15.36pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:50.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.29pt;position:var(--position);white-space:pre">Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:26.83pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:12.75pt;width:84pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.46pt;position:var(--position);text-decoration:none;white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">B-1 Term Loan<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:34.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:53.29pt"></span></span><span style="left:60.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:34.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">309,268<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:34.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 2.36<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:34.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 2.53<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:34.5pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:22.78pt;position:var(--position);text-decoration:none;white-space:pre">April 23, 2026<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">B-4 Term Loan<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:49.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:58.29pt"></span></span><span style="left:60.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:49.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">805,169<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:49.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 3.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:49.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 3.99<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:49.5pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.55pt;position:var(--position);text-decoration:none;white-space:pre">May 9, 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">B-5 Term Loan<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:64.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:58.29pt"></span></span><span style="left:60.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:64.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">650,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:64.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 3.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:64.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 4.27<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:64.5pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.83pt;position:var(--position);text-decoration:none;white-space:pre">December 10, 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">B-6 Term Loan<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:79.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">695,754<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:79.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:58.29pt"></span></span><span style="left:60.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:79.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 3.00<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:79.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 3.61<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:79.5pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.83pt;position:var(--position);text-decoration:none;white-space:pre">December 10, 2030<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:94.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">B-7 Term Loan<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:94.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">451,972<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:94.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:58.29pt"></span></span><span style="left:60.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:94.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 2.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:94.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 2.95<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:94.5pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:30.55pt;position:var(--position);text-decoration:none;white-space:pre">May 9, 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:109.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">B-8 Term Loan<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:109.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">700,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:109.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:58.29pt"></span></span><span style="left:60.92pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:303.75pt;position:var(--position);top:109.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 2.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:357pt;position:var(--position);top:109.5pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.21pt;position:var(--position)">+ 2.95<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:41.17pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:410.25pt;position:var(--position);top:109.5pt;width:84pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.83pt;position:var(--position);text-decoration:none;white-space:pre">December 19, 2032<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:124.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total face value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:124.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.29pt"></span></span><span style="left:30.919999999999998pt;position:var(--position)">1,847,726<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:124.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.29pt"></span></span><span style="left:30.919999999999998pt;position:var(--position)">1,764,437<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:26.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:139.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred financing costs and <span style="display:inline-block;height:6.93pt"></span></span></div><div style="line-height:10pt;position:var(--position);top:15.15pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.63pt;position:var(--position);text-decoration:none;white-space:pre">unamortized discounts<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:139.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:38.21pt;position:var(--position);text-decoration:none;white-space:pre">(39,726)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:3pt double #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:139.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:38.21pt;position:var(--position);text-decoration:none;white-space:pre">(32,364)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:165.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:147.75pt;position:var(--position);top:165.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.29pt"></span></span><span style="left:30.919999999999998pt;position:var(--position)">1,808,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:225.75pt;position:var(--position);top:165.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.29pt"></span></span><span style="left:30.919999999999998pt;position:var(--position)">1,732,073<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:262.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:5.25pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:417.12pt">The B-6 Term Loan and B-7 Term Loan borrowings are subject to a benchmark interest rate floor of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:502.62pt;position:var(--position);text-decoration:none;white-space:pre;width:3.42pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.04pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">0.50%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:531.87pt;position:var(--position);text-decoration:none;white-space:pre;width:5.92pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:537.79pt;position:var(--position);text-decoration:none;white-space:pre;width:15.53pt">The<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:286.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:180.11pt">Term loans are indexed to one-month SOFR.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:298pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.96pt">Includes issue discount and transaction expenses that are amortized through interest expense over the life of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.46pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:94.58pt">applicable Term Loans.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:333pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:132.77pt">The Term Loans are partially a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.27pt;position:var(--position);text-decoration:none;white-space:pre;width:153.46pt">mortizing, with an amount equal to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.73pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt">1.0%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.56pt;position:var(--position);text-decoration:none;white-space:pre;width:187.91pt"> per annum of the aggregate initial principal<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:344.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:151.97pt">balance due in quarterly installments<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:210.47pt;position:var(--position);text-decoration:none;white-space:pre;width:52.55pt">. There was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.02pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.02pt;position:var(--position);text-decoration:none;white-space:pre;width:263.24pt"> repurchase activity or gain on debt extinguishment during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.26pt;position:var(--position);text-decoration:none;white-space:pre;width:17.19pt">year<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:356pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:23.86pt">ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.26pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.62pt;position:var(--position);text-decoration:none;white-space:pre;width:80.06pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165.68pt;position:var(--position);text-decoration:none;white-space:pre;width:5.76pt">. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.44pt;position:var(--position);text-decoration:none;white-space:pre;width:47.04pt">During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.48pt;position:var(--position);text-decoration:none;white-space:pre;width:44.31pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.78999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:3.26pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:266.05pt;position:var(--position);text-decoration:none;white-space:pre;width:80.06pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.11pt;position:var(--position);text-decoration:none;white-space:pre;width:207.29pt">, we repurchased an aggregate principal amount of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:49.36pt">$2.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.86pt;position:var(--position);text-decoration:none;white-space:pre;width:29.56pt"> of the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:63.17pt">B-1 Term Loan<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.59pt;position:var(--position);text-decoration:none;white-space:pre;width:128.98pt"> at a weighted-average price of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.57pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">99%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.9pt;position:var(--position);text-decoration:none;white-space:pre;width:205.5pt">. This resulted in a gain on extinguishment of debt<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.33pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">$25,000<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.83pt;position:var(--position);text-decoration:none;white-space:pre;width:45.8pt"> during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.63pt;position:var(--position);text-decoration:none;white-space:pre;width:43.55pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:191.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:193.68pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.22pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:365.11pt">The following table details our interest expense related to the Term Loans ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:426pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:276pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:276pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);width:216pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:63.15pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended December 31,<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:276pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash coupon<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:25.54pt"></span></span><span style="left:33.17pt;position:var(--position)">132,350<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:25.54pt"></span></span><span style="left:33.17pt;position:var(--position)">173,138<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:25.54pt"></span></span><span style="left:33.17pt;position:var(--position)">171,834<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Discount and issuance cost amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.54pt"></span></span><span style="left:38.17pt;position:var(--position)">11,386<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.54pt"></span></span><span style="left:38.17pt;position:var(--position)">11,799<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">9,266<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:25.54pt"></span></span><span style="left:33.17pt;position:var(--position)">143,736<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:25.54pt"></span></span><span style="left:33.17pt;position:var(--position)">184,937<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:25.54pt"></span></span><span style="left:33.17pt;position:var(--position)">181,100<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:358.54pt">The Term Loans contain the financial covenant that our indebtedness shall not exceed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:417.04pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">83.33%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:447.87pt;position:var(--position);text-decoration:none;white-space:pre;width:105.46pt"> of our total assets. As of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:525pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:82.18pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.68pt;position:var(--position);text-decoration:none;white-space:pre;width:23.07pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.75pt;position:var(--position);text-decoration:none;white-space:pre;width:82.18pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.93pt;position:var(--position);text-decoration:none;white-space:pre;width:231.26pt">, we were in compliance with this covenant. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.19pt;position:var(--position);text-decoration:none;white-space:pre;width:28.74pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.93pt;position:var(--position);text-decoration:none;white-space:pre;width:47.49pt"> for further<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:536.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:230.6pt">discussion of our accounting policies for the Term Loans.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:73.5pt;position:var(--position);text-decoration:none;white-space:pre">SENIOR SECURED NOTES, NET<span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.99pt">The following table details the net book value of our senior secured notes, or Senior Secured Notes, on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.08pt">balance sheets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:94.5pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:144.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:42.75pt"></td><td style="padding:0;width:12pt"></td><td style="padding:0;width:42.75pt"></td><td style="padding:0;width:12pt"></td><td style="padding:0;width:81pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);width:153pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:153pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:57.52pt;position:var(--position);text-decoration:none;white-space:pre">Face Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:144.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Senior Secured Notes Issuance<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:12.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:12.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:304.5pt;position:var(--position);top:12.75pt;width:42.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.12pt;width:42.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.06pt;position:var(--position);text-decoration:none;white-space:pre">Interest <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:42.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.38pt;position:var(--position);text-decoration:none;white-space:pre">Rate<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:12.75pt;width:42.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:42.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:42.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.57pt;position:var(--position);white-space:pre">Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:26.11pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:12.75pt;width:81pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:24.96pt;position:var(--position);text-decoration:none;white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">October 2021<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:34.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">335,316<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:34.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">335,316<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:304.5pt;position:var(--position);top:34.5pt;width:42.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:42.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.84pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.84pt;position:var(--position)">3.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:33.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:34.5pt;width:42.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:42.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.84pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.84pt;position:var(--position)">4.06<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:33.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:34.5pt;width:81pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.79pt;position:var(--position);text-decoration:none;white-space:pre">January 15, 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">December 2024<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:49.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">450,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:49.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:35.79pt"></span></span><span style="left:38.42pt;position:var(--position)">450,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:304.5pt;position:var(--position);top:49.5pt;width:42.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:42.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.84pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.84pt;position:var(--position)">7.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:33.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:347.25pt;position:var(--position);top:49.5pt;width:12pt"><div><div style="line-height:8pt;position:var(--position);top:3.75pt;width:12pt"><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);top:-1.9389999999999998pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.601pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:359.25pt;position:var(--position);top:49.5pt;width:42.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:42.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:12.84pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:12.84pt;position:var(--position)">8.14<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:33.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:414pt;position:var(--position);top:49.5pt;width:81pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:81pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:4.83pt;position:var(--position);text-decoration:none;white-space:pre">December 1, 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Total face value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:64.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">785,316<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:64.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">785,316<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:26.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:79.5pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred financing costs and <span style="display:inline-block;height:6.93pt"></span></span></div><div style="line-height:10pt;position:var(--position);top:15.15pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.63pt;position:var(--position);text-decoration:none;white-space:pre">unamortized discounts<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:79.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.21pt;position:var(--position);text-decoration:none;white-space:pre">(7,280)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:79.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.21pt;position:var(--position);text-decoration:none;white-space:pre">(9,857)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:105.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Hedging adjustments<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:87.27pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:105.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.87pt;position:var(--position);text-decoration:none;white-space:pre">6,840<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:105.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.21pt;position:var(--position);text-decoration:none;white-space:pre">(4,424)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:120.75pt;width:144.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:144.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:148.5pt;position:var(--position);top:120.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">784,876<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:120.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">771,035<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:235.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:3pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:245.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:461.37pt">Includes transaction expenses that are amortized through interest expense over the life of the Senior Secured Notes.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:256.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.83pt">Represents the stated coupon rate of the notes. We have entered into an interest rate swap that effectively converts<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:268.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:147.73pt">our fixed rate exposure to a SOFR + <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.23pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">3.95%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.06pt;position:var(--position);text-decoration:none;white-space:pre;width:92.11pt"> floating rate exposure.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.95pt">Represents the fair value of an interest rate swap that we entered into to convert the fixed rate exposure of the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:63.54pt">December 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.04pt;position:var(--position);text-decoration:none;white-space:pre;width:198.1pt"> Senior Secured Notes into floating rate. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:347.14pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 14<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.06pt;position:var(--position);text-decoration:none;white-space:pre;width:90.49pt"> for further discussion.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:314.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:403.14pt">The following table details our interest expense related to the Senior Secured Notes ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:338.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:276pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:276pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);width:216pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:63.15pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended December 31,<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:276pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash coupon<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">47,449<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">14,976<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">14,506<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Discount and issuance cost amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:43.17pt;position:var(--position)">2,658<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:43.17pt;position:var(--position)">1,124<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">1,158<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">50,107<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">16,100<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">15,664<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:45.79pt">There was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.28999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:260.64pt"> repurchase activity or gain on debt extinguishment during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:374.93pt;position:var(--position);text-decoration:none;white-space:pre;width:44.53pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.46pt;position:var(--position);text-decoration:none;white-space:pre;width:3.48pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.94pt;position:var(--position);text-decoration:none;white-space:pre;width:80.5pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:503.44pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.94pt;position:var(--position);text-decoration:none;white-space:pre;width:3.48pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.42pt;position:var(--position);text-decoration:none;white-space:pre;width:44pt">During the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.68pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.18pt;position:var(--position);text-decoration:none;white-space:pre;width:5.74pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.92pt;position:var(--position);text-decoration:none;white-space:pre;width:85.02pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.94pt;position:var(--position);text-decoration:none;white-space:pre;width:25.91pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.85pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2023<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.85pt;position:var(--position);text-decoration:none;white-space:pre;width:224.65pt">, we repurchased an aggregate principal amount of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.5pt;position:var(--position);text-decoration:none;white-space:pre;width:5.74pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:476.24pt;position:var(--position);text-decoration:none;white-space:pre;width:57.09pt">$30.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:20.17pt"> and<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:448.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:54pt">$33.9 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.5pt;position:var(--position);text-decoration:none;white-space:pre;width:84.38pt">, respectively, of the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.88pt;position:var(--position);text-decoration:none;white-space:pre;width:54.83pt">October 2021<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:251.71pt;position:var(--position);text-decoration:none;white-space:pre;width:216.35pt"> Senior Secured Notes at a weighted-average price of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.06pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">88%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.39pt;position:var(--position);text-decoration:none;white-space:pre;width:19.73pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.12pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">85%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:524.45pt;position:var(--position);text-decoration:none;white-space:pre;width:28.89pt"> of par,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:460.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:54.41pt">respectively. <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.91pt;position:var(--position);text-decoration:none;white-space:pre;width:220.84pt">This resulted in a gain on extinguishment of debt of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.75pt;position:var(--position);text-decoration:none;white-space:pre;width:50.01pt">$3.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.76pt;position:var(--position);text-decoration:none;white-space:pre;width:21.75pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.51pt;position:var(--position);text-decoration:none;white-space:pre;width:50.01pt">$4.6 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.52pt;position:var(--position);text-decoration:none;white-space:pre;width:45.62pt"> during the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.14pt;position:var(--position);text-decoration:none;white-space:pre;width:3.66pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.8pt;position:var(--position);text-decoration:none;white-space:pre;width:48.6pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.47pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2023<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.47pt;position:var(--position);text-decoration:none;white-space:pre;width:55.75pt">, respectively.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:495.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:387.74pt">The Senior Secured Notes contain the financial covenant that our indebtedness shall not exceed <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.24pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">83.33%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:477.07pt;position:var(--position);text-decoration:none;white-space:pre;width:76.28pt"> of our total assets.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:506.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:31.64pt">As of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90.14pt;position:var(--position);text-decoration:none;white-space:pre;width:85.74pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:175.88pt;position:var(--position);text-decoration:none;white-space:pre;width:26.63pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.51pt;position:var(--position);text-decoration:none;white-space:pre;width:85.74pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:288.25pt;position:var(--position);text-decoration:none;white-space:pre;width:265.15pt">, we were in compliance with this covenant. Under certain<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:518.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.82pt">circumstances, we may, at our option, release all of the collateral securing our Senior Secured Notes, in which case we<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:431.7pt">would also be required to maintain a total unencumbered assets to total unsecured indebtedness ratio of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:490.2pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">1.20<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.7pt;position:var(--position);text-decoration:none;white-space:pre;width:45.63pt"> or greater.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:451.37pt">This covenant is not currently in effect as the collateral securing our Senior Secured Notes has not been released.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:76pt;position:var(--position);text-decoration:none;white-space:pre">CONVERTIBLE NOTES, NET <span style="display:inline-block;height:6.77pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:71.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">The following table details the net book value of our convertible senior notes, or Convertible Notes, on our consolidated<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:83pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:127.08pt">balance sheets ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.57999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);top:112pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:129.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:39.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:39.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:45pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:132.75pt;position:var(--position);width:153pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:153pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:57.52pt;position:var(--position);text-decoration:none;white-space:pre">Face Value<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:21.75pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:129.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Convertible Notes<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:132.75pt;position:var(--position);top:12.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:210.75pt;position:var(--position);top:12.75pt;width:75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:289.5pt;position:var(--position);top:12.75pt;width:39.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.12pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:6.56pt;position:var(--position);text-decoration:none;white-space:pre">Interest <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.88pt;position:var(--position);text-decoration:none;white-space:pre">Rate <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333pt;position:var(--position);top:12.75pt;width:39.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.12pt;width:39.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.11pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:39.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.07pt;position:var(--position);white-space:pre">Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:24.61pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:376.5pt;position:var(--position);top:12.75pt;width:45pt"><div><div style="line-height:8pt;position:var(--position);top:3.93pt;width:45pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.96pt;position:var(--position);white-space:pre">Conversion <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:45pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.59pt;position:var(--position);white-space:pre">Price<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:28.34pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:13.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.33pt;position:var(--position);text-decoration:none;white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:129.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.62pt;position:var(--position);text-decoration:none;white-space:pre">Face value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:132.75pt;position:var(--position);top:34.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">266,157<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:210.75pt;position:var(--position);top:34.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">266,157<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:289.5pt;position:var(--position);top:34.5pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.9pt;position:var(--position);text-decoration:none;white-space:pre">5.50%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:333pt;position:var(--position);top:34.5pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:7.9pt;position:var(--position);text-decoration:none;white-space:pre">5.79%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:376.5pt;position:var(--position);top:34.5pt;width:45pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:45pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.69pt;position:var(--position);text-decoration:none;white-space:pre">$36.27<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:34.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.08pt;position:var(--position);text-decoration:none;white-space:pre">March 15, 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:26.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:129.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.62pt;position:var(--position);text-decoration:none;white-space:pre">Deferred financing costs and <span style="display:inline-block;height:6.93pt"></span></span></div><div style="line-height:10pt;position:var(--position);top:15.15pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">unamortized discount<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:132.75pt;position:var(--position);top:49.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.21pt;position:var(--position);text-decoration:none;white-space:pre">(1,412)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:210.75pt;position:var(--position);top:49.5pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:43.21pt;position:var(--position);text-decoration:none;white-space:pre">(2,541)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:75.75pt;width:129.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:129.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:132.75pt;position:var(--position);top:75.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">264,745<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:210.75pt;position:var(--position);top:75.75pt;width:75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.79pt"></span></span><span style="left:38.42pt;position:var(--position)">263,616<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:207.75pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.91pt">Includes issuance costs that are amortized through interest expense over the life of the Convertible Notes using the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:230.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:101.78pt">effective interest method.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:187.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:242.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:355.09pt">Represents the price of class A common stock per share based on a conversion rate of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:440.59pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">27.5702<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.09pt;position:var(--position);text-decoration:none;white-space:pre;width:80.38pt"> for the Convertible<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:401.92pt">Notes. The conversion rate represents the number of shares of class A common stock issuable per <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.42pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$1,000<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:38.58pt"> principal<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:279.15pt">amount of Convertible Notes. The cumulative dividend threshold has <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.65pt;position:var(--position);text-decoration:none;white-space:pre;width:12.77pt">not<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:377.42pt;position:var(--position);text-decoration:none;white-space:pre;width:85.16pt"> been exceeded as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462.58pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:541.12pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:543.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:288.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.97pt">Other than as provided by the optional redemption provisions with respect to our Convertible Notes, we may not redeem<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.47pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:300.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.89pt">the Convertible Notes prior to maturity. The Convertible Notes are convertible at the holders’ option into shares of our<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:495pt">class A common stock, only under specific circumstances, prior to the close of business on December 14, 2026 at the<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:323.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.98pt">applicable conversion rate in effect on the conversion date. Thereafter, the Convertible Notes are convertible at the option<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:334.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:494.82pt">of the holder at any time until the second scheduled trading day immediately preceding the maturity date. The last reported<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3199999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:346.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:192.44pt">sale price of our class A common stock of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.94pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$19.13<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.44pt;position:var(--position);text-decoration:none;white-space:pre;width:19.84pt"> on <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.28pt;position:var(--position);text-decoration:none;white-space:pre;width:83.38pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:381.66pt;position:var(--position);text-decoration:none;white-space:pre;width:125.7pt">, the last trading day in the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.36pt;position:var(--position);text-decoration:none;white-space:pre;width:45.97pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3299999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:137.04000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:277.18pt">, was less than the per share conversion price of the Convertible Note<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:414.22pt;position:var(--position);text-decoration:none;white-space:pre;width:6.39pt">s.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:50.31pt">There was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.81pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.81pt;position:var(--position);text-decoration:none;white-space:pre;width:140.21pt"> repurchase activity during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.02pt;position:var(--position);text-decoration:none;white-space:pre;width:50.68pt">years ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.7pt;position:var(--position);text-decoration:none;white-space:pre;width:5.74pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:315.44pt;position:var(--position);text-decoration:none;white-space:pre;width:85.02pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:400.46pt;position:var(--position);text-decoration:none;white-space:pre;width:25.91pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:426.37pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2023<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.37pt;position:var(--position);text-decoration:none;white-space:pre;width:60.24pt">. During the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:506.61pt;position:var(--position);text-decoration:none;white-space:pre;width:46.79pt">year ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:392.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:83.3pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:141.8pt;position:var(--position);text-decoration:none;white-space:pre;width:223.51pt">, we repurchased an aggregate principal amount of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:365.31pt;position:var(--position);text-decoration:none;white-space:pre;width:56.23pt">$33.8 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:421.54pt;position:var(--position);text-decoration:none;white-space:pre;width:131.91pt"> of the Convertible Notes at a<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:404.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:109.43pt">weighted-average price of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:167.93pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">93%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.26pt;position:var(--position);text-decoration:none;white-space:pre;width:251.77pt"> of par. This resulted in a gain on extinguishment of debt of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.03pt;position:var(--position);text-decoration:none;white-space:pre;width:49.73pt">$2.0 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.76pt;position:var(--position);text-decoration:none;white-space:pre;width:48.44pt"> during the <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:536.2pt;position:var(--position);text-decoration:none;white-space:pre;width:17.19pt">year<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.39pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:23.86pt">ended<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.86pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.4pt;position:var(--position);text-decoration:none;white-space:pre;width:55.75pt">, respectively.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:439.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:221.91pt">The following table details our interest expense related <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:167.62pt">to the Convertible Notes ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:276pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:69.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:69.75pt"></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:276pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="5" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);width:216pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:216pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:63.15pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended December 31,<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:12.75pt;width:276pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:12.75pt;width:69.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:26.87pt;position:var(--position);text-decoration:none;white-space:pre">2023<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:25.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash coupon<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">14,639<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">15,784<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:25.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">18,639<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Discount and issuance cost amortization<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:43.17pt;position:var(--position)">1,129<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:43.17pt;position:var(--position)">1,227<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:40.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.62pt;position:var(--position);text-decoration:none;white-space:pre">1,589<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:276pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:276pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest expense<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:279pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">15,768<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:351.75pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">17,011<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:425.25pt;position:var(--position);top:55.5pt;width:69.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:30.54pt"></span></span><span style="left:38.17pt;position:var(--position)">20,228<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:550.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:234.56pt">Accrued interest payable for the Convertible Notes was <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.06pt;position:var(--position);text-decoration:none;white-space:pre;width:50.15pt">$4.3 million<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.21pt;position:var(--position);text-decoration:none;white-space:pre;width:49.62pt"> as of both <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:392.83pt;position:var(--position);text-decoration:none;white-space:pre;width:81.14pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.97pt;position:var(--position);text-decoration:none;white-space:pre;width:22.03pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:496pt;position:var(--position);text-decoration:none;white-space:pre;width:57.34pt">December 31,<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.3399999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.5pt;position:var(--position);text-decoration:none;white-space:pre;width:39.95pt">. Refer to <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:118.45pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 2<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.37pt;position:var(--position);text-decoration:none;white-space:pre;width:301.37pt"> for further discussion of our accounting policies for the Convertible Notes.<span style="display:inline-block;height:6.93pt"></span></span> 3200000000 4100000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:245.57pt">The following table details our secured debt ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);top:553.05pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:341.25pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:70.5pt"></td></tr><tr style="height:21.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:341.25pt"><div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td colspan="3" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);width:153.75pt"><div><div style="line-height:8pt;position:var(--position);top:3.8pt;width:153.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:53.9pt;position:var(--position);white-space:pre">Secured Debt <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:12.99pt;width:153.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:34.57pt;position:var(--position);white-space:pre">Borrowings Outstanding<span style="display:inline-block;height:5.54pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:119.16999999999999pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:21.75pt;width:341.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.99pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:21.75pt;width:80.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:21.75pt;width:70.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.94pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:34.5pt;width:341.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Secured credit facilities<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:34.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.54pt"></span></span><span style="left:31.169999999999998pt;position:var(--position)">10,125,839<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:34.5pt;width:70.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:18.79pt"></span></span><span style="left:26.419999999999998pt;position:var(--position)">9,705,529<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:49.5pt;width:341.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:341.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Deferred financing costs<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:100.83999999999999pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:49.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:48.46pt;position:var(--position);text-decoration:none;white-space:pre">(8,547)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:49.5pt;width:70.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:38.71pt;position:var(--position);text-decoration:none;white-space:pre">(9,195)<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:64.5pt;width:341.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:341.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value of secured debt<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:341.25pt;position:var(--position);top:64.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:23.54pt"></span></span><span style="left:31.169999999999998pt;position:var(--position)">10,117,292<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:424.5pt;position:var(--position);top:64.5pt;width:70.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:70.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:18.79pt"></span></span><span style="left:26.419999999999998pt;position:var(--position)">9,696,334<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:637.55pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:649.05pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre">Costs incurred in connection with our secured debt are recorded on our consolidated balance sheets when incurred <span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre">and recognized as a component of interest expense over the life of each related facility.<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:242.43pt">The following table details our secured credit facilities as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:300.93pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.47pt;position:var(--position);text-decoration:none;white-space:pre;width:69.68pt"> ($ in thousands):<span style="display:inline-block;height:6.93pt"></span></span><div style="position:var(--position);top:112pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:494.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:44.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:39.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:57pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:32.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:57pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:74.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:29.25pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:56.25pt"></td></tr><tr style="height:14.25pt"><td colspan="19" style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:494.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:494.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:214.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:12.75pt"><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:44.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:14.25pt;width:39.75pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:14.25pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:14.25pt;width:32.25pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:14.25pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:14.25pt;width:88.5pt"><div><div style="line-height:8pt;position:var(--position);top:4.12pt;width:88.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.28pt;position:var(--position);text-decoration:none;white-space:pre">Recourse Limitation<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:23.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27pt;width:44.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Currency<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:27pt;width:39.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:39.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.86pt;position:var(--position);white-space:pre">Lenders<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:30.83pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:27pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.51pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.69pt;position:var(--position);white-space:pre">Wtd. Avg. <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.55pt;position:var(--position);white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.629999999999995pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:27pt;width:32.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.51pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.24pt;position:var(--position);text-decoration:none;white-space:pre">Loan <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:5.47pt;position:var(--position);text-decoration:none;white-space:pre">Count<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:27pt;width:57pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:57pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.37pt;position:var(--position);white-space:pre">Collateral<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.559999999999995pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:27pt;width:74.25pt"><div><div style="line-height:8pt;position:var(--position);top:6.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.69pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:74.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.55pt;position:var(--position);white-space:pre">Maturity<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:49.629999999999995pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:27pt;width:29.25pt"><div><div style="line-height:8pt;position:var(--position);top:5.51pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.01pt;position:var(--position);text-decoration:none;white-space:pre">Wtd. <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.68pt;position:var(--position);text-decoration:none;white-space:pre">Avg.<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:27pt;width:56.25pt"><div><div style="line-height:8pt;position:var(--position);top:14.62pt;width:56.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:18.18pt;position:var(--position);text-decoration:none;white-space:pre">Range<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:50.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.12pt;position:var(--position);text-decoration:none;white-space:pre">USD<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:50.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.87pt;position:var(--position);text-decoration:none;white-space:pre">12<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:50.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:5.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">4,284,949<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:50.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:4.78pt;position:var(--position);text-decoration:none;white-space:pre">November 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:50.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.12pt;position:var(--position);text-decoration:none;white-space:pre">80<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:50.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:5.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">6,478,546<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:50.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">December 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:50.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">32%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:50.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.13pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.459999999999997pt;position:var(--position);white-space:pre"> - <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.79pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:65.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.4pt;position:var(--position);text-decoration:none;white-space:pre">GBP<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:65.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.37pt;position:var(--position);text-decoration:none;white-space:pre">7<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:65.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">2,635,148<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:65.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:4.78pt;position:var(--position);text-decoration:none;white-space:pre">November 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:65.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.12pt;position:var(--position);text-decoration:none;white-space:pre">17<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:65.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">3,568,084<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:65.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:5.35pt;position:var(--position);text-decoration:none;white-space:pre">December 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:65.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:65.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.96pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:80.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:12.13pt;position:var(--position);text-decoration:none;white-space:pre">EUR<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:80.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.37pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:80.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">1,716,537<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:80.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.43pt;position:var(--position);text-decoration:none;white-space:pre">August 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:80.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.12pt;position:var(--position);text-decoration:none;white-space:pre">10<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:80.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">2,421,382<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:80.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:9.78pt;position:var(--position);text-decoration:none;white-space:pre">October 2027<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:80.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">42%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:80.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.13pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.459999999999997pt;position:var(--position);white-space:pre"> - <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.79pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:95.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:5.77pt;position:var(--position);white-space:pre">Others<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:32.41pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:95.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:17.37pt;position:var(--position);text-decoration:none;white-space:pre">4<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:95.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">1,489,205<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:95.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.33pt;position:var(--position);text-decoration:none;white-space:pre">April 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:95.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:13.62pt;position:var(--position);text-decoration:none;white-space:pre">6<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:95.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:10.29pt"></span></span><span style="left:12.919999999999998pt;position:var(--position)">1,870,394<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:95.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.71pt;position:var(--position);text-decoration:none;white-space:pre">May 2029<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:95.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:95.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.96pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:110.25pt;width:44.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:44.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:11.59pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:47.25pt;position:var(--position);top:110.25pt;width:39.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:39.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.87pt;position:var(--position);text-decoration:none;white-space:pre">15<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:90pt;position:var(--position);top:110.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:0.29pt"></span></span><span style="left:7.92pt;position:var(--position)">10,125,839<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:150pt;position:var(--position);top:110.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:15.33pt;position:var(--position);text-decoration:none;white-space:pre">April 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:230.25pt;position:var(--position);top:110.25pt;width:32.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:32.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.62pt;position:var(--position);text-decoration:none;white-space:pre">113<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:265.5pt;position:var(--position);top:110.25pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:0.29pt"></span></span><span style="left:7.92pt;position:var(--position)">14,338,406<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:325.5pt;position:var(--position);top:110.25pt;width:74.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:74.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:16.71pt;position:var(--position);text-decoration:none;white-space:pre">May 2028<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:405.75pt;position:var(--position);top:110.25pt;width:29.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:29.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:6.4pt;position:var(--position);text-decoration:none;white-space:pre">31%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:438pt;position:var(--position);top:110.25pt;width:56.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:56.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:3.13pt;position:var(--position);text-decoration:none;white-space:pre">25%<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.459999999999997pt;position:var(--position);white-space:pre"> - <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:29.79pt;position:var(--position);text-decoration:none;white-space:pre">100%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);top:242.25pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:54pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:54pt"></td></tr><tr style="height:4.5pt"><td style="border-bottom:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:253.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(1)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.99pt">Represents the number of lenders with fundings advanced in each respective currency, as well as the total number of<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:246.55pt">facility lenders. The total number of facility lenders includes <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:332.05pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:346.48pt;position:var(--position);text-decoration:none;white-space:pre;width:107.85pt"> additional lender that had <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.33pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">no<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:464.33pt;position:var(--position);text-decoration:none;white-space:pre;width:6.04pt"> f<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.37pt;position:var(--position);text-decoration:none;white-space:pre;width:83.12pt">undings advanced as<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:276.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.33pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:288.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(2)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.93pt">Our secured debt agreements are generally term-matched to their underlying collateral. Therefore, the weighted-<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:299.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.88pt">average maturity is generally allocated based on the maximum maturity date of the collateral loans, assuming all<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.38pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:311.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.91pt">extension options are exercised by the borrower. In limited instances, the maturity date of the respective secured<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:322.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:85.98pt">credit facility is used.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:334.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(3)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.98pt">Represents the principal balance of the collateral loan assets and the carrying value of the collateral owned real<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.48pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:51.02pt">estate assets.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(4)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:467.93pt">Maximum maturity assumes all extension options are exercised by the borrower; however, our loans may be repaid<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.4300000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:72.15pt">prior to such date.<span style="display:inline-block;height:6.93pt"></span></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:380.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(5)<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.5pt;position:var(--position);text-decoration:none;white-space:pre;width:306.04pt">Includes Australian Dollar, Canadian Dollar, and Swedish Krona currencies.<span style="display:inline-block;height:6.93pt"></span></span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:297.06pt">The following tables detail the spread of our secured credit facilities as of <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.56pt;position:var(--position);text-decoration:none;white-space:pre;width:78.62pt">December 31, 2025<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.18pt;position:var(--position);text-decoration:none;white-space:pre;width:19.51pt"> and <span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:453.69pt;position:var(--position);text-decoration:none;white-space:pre;width:78.62pt">December 31, 2024<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.31pt;position:var(--position);text-decoration:none;white-space:pre;width:21.18pt"> ($ in<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.49pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> <span style="display:inline-block;height:6.93pt"></span></span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:65.2pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:46.08pt">thousands):<span style="display:inline-block;height:6.93pt"></span></span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:76.4pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:87pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td></tr><tr style="height:20.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.49pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);width:87pt"><div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:3.62pt;width:87pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.96pt;position:var(--position);text-decoration:none;white-space:pre">Year Ended<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:64.03pt;position:var(--position);white-space:pre"> <span style="display:inline-block;height:5.41pt"></span></span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.62pt;width:87pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:11.19pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);width:301.5pt"><div><div style="line-height:8pt;position:var(--position);top:11.62pt;width:301.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:118.44pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2025<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:32.25pt"><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:20.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:99.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Spread<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:27.05pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:20.25pt;width:87pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:87pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:13.27pt;position:var(--position);white-space:pre">New Financings<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:67.66pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:20.25pt;width:57.75pt"><div><div style="line-height:8pt;position:var(--position);top:15.62pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:19.77pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.89pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.24pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.94pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.51pt;position:var(--position);white-space:pre">Cost<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:26.049999999999997pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(3)(4)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:20.25pt;width:57.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:57.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:8.75pt;position:var(--position);white-space:pre">Collateral<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:42.94pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(5)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:5.24pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:9.94pt;position:var(--position);white-space:pre">Wtd. Avg.<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:17.61pt;position:var(--position);white-space:pre">All-in <span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.21pt;position:var(--position);white-space:pre">Yield<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:30.41pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)(3)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:20.25pt;width:54.75pt"><div><div style="line-height:8pt;position:var(--position);top:14.43pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:7.07pt;position:var(--position);white-space:pre">Net Interest<span style="display:inline-block;height:5.41pt"></span></span></div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:54.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.46pt;position:var(--position);white-space:pre"> Margin<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:38.22pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(6)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:99.75pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.50% or less<span style="display:inline-block;height:6.93pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:normal;left:64.9pt;position:var(--position);top:-2.4254999999999995pt;vertical-align:super;white-space:pre">(7)<span style="display:inline-block;height:4.5045pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:52.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:35.29pt"></span></span><span style="left:42.92pt;position:var(--position)">2,018,709<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:52.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">5,098,876<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.54<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:52.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:6.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">6,936,909<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.97<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:52.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.43<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.51% to + 1.75%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:67.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.79pt"></span></span><span style="left:50.42pt;position:var(--position)">660,636<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:67.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">2,419,595<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:67.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">3,232,654<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 1.76% to + 2.00%<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:82.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.79pt"></span></span><span style="left:50.42pt;position:var(--position)">325,160<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:82.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,088,336<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.08<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:82.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,797,080<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.94<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:82.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+0.86<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">+ 2.01% or more<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:97.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51.87pt;position:var(--position);text-decoration:none;white-space:pre">153,625<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:97.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">1,519,032<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+2.74<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:97.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:11.04pt"></span></span><span style="left:13.669999999999998pt;position:var(--position)">2,371,763<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+4.25<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:97.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.51<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:112.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total<span style="display:inline-block;height:6.93pt"></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:112.5pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:35.29pt"></span></span><span style="left:42.92pt;position:var(--position)">3,158,130<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:193.5pt;position:var(--position);top:112.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:1.04pt"></span></span><span style="left:8.67pt;position:var(--position)">10,125,839<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:254.25pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.83<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:316.5pt;position:var(--position);top:112.5pt;width:57.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:1.04pt"></span></span><span style="left:8.67pt;position:var(--position)">14,338,406<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:378pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+3.29<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-right:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-left:0.75pt solid #000000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:112.5pt;width:54.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:54.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:19.21pt;position:var(--position)"><span style="display:inline-block;height:6.93pt"></span></span><span style="left:19.21pt;position:var(--position)">+1.46<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:45.67pt;position:var(--position)">%<span style="display:inline-block;height:6.93pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:215.9pt;width:612pt"><div style="font-size:0pt;left:58.5pt;position:var(--position);width:495pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:3pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:57.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:3.75pt"></td><td style="padding:0;width:54.75pt"></td></tr><tr style="height:20.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:11.49pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre"> <span style="display:inline-block;height:5.54pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);width:86.25pt"><div><div style="line-height:8pt;position:var(--position);top:3.62pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:22.59pt;position:var(--position);white-space:pre">Year Ended <span style="display:inline-block;height:5.41pt"></span></span></div><div style="font-size:12pt;line-height:8pt;position:var(--position);top:11.62pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:10.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="11" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);width:302.25pt"><div><div style="line-height:8pt;position:var(--position);top:11.62pt;width:302.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:118.81pt;position:var(--position);text-decoration:none;white-space:pre">December 31, 2024<span style="display:inline-block;height:5.41pt"></span></span></div></div></div></td></tr><tr style="height:32.25pt"><td style="border-bottom:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:20.25pt;width:99.75pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:99.75pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);white-space:pre">Spread<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:27.05pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(1)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;font-size:0;text-align:left;vertical-align:top"><div style="left:102.75pt;position:var(--position);top:20.25pt;width:86.25pt"><div><div style="line-height:8pt;position:var(--position);top:23.62pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:12.9pt;position:var(--position);white-space:pre">New Financings<span style="display:inline-block;height:5.41pt"></span></span><span style="font-family:'Times New Roman', serif;font-size:5.2pt;font-style:normal;font-weight:bold;left:67.29pt;position:var(--position);top:-1.8935pt;vertical-align:super;white-space:pre">(2)<span style="display:inline-block;height:3.5165pt"></span></span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:192.75pt;position:var(--position);top:20.25pt;width:5