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Loans Receivable Loans Receivable (Tables)
3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Schedule of Loans Receivable
At March 31, 2025 and December 31, 2024, loans receivable were as follows:
(In thousands)March 31,
2025
December 31,
2024
Amortized cost (net of allowance for expected credit losses):
Real estate loans$419,799 $402,382 
Commercial loans81 3,071 
Total$419,880 $405,453 
Fair value:
Real estate loans$420,574 $402,177 
Commercial loans81 3,071 
Total$420,655 $405,248 
Financing Receivable, Allowance for Credit Loss
The following table presents the rollforward of the allowance for expected credit losses for loans receivable for the three months ended March 31, 2025 and 2024:
20252024
(In thousands)Real Estate LoansCommercial LoansTotalReal Estate LoansCommercial LoansTotal
Balance, beginning of period$1,088 $26 $1,114 $2,983 $21 $3,004 
Change in expected credit losses(312)(14)(326)(396)(395)
Balance, end of period$776 $12 $788 $2,587 $22 $2,609 
During both of three months ended March 31, 2025 and 2024, the Company decreased the allowance for expected credit losses due to a decrease in the weighted average life of the loan portfolio.