XML 34 R26.htm IDEA: XBRL DOCUMENT v3.22.1
Loans - Secured Loan Principal Transactions (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
Receivables [Abstract]  
Principal, beginning of period $ 81,097
Loans funded 1,000
Principal collected (11,894) [1]
Loans transferred to held for sale (5,910) [2]
Principal, March 31 $ 64,293
[1] Includes principal collected and held in trust at March 31, 2022 of approximately $1,000 offset by principal collected and held in trust at December 31, 2021 of approximately $48,000 which was disbursed to the company in January 2022.
[2] As of March 31, 2022, two loans are classified as held for sale. All loans held for sale are performing and in first lien position. No loss has been recorded upon reclassification to held for sale as the fair value is in excess of the cost. The loans held for sale at March 31, 2022 are expected to be sold in May 2022.