Goodwill and Intangibles (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangibles Assets

The following table summarizes our intangible assets, which are comprised of servicing rights intangibles and lease intangibles, as of March 31, 2023 and December 31, 2022 (amounts in thousands):

	As of March 31, 2023						As of December 31, 2022
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Domestic servicing rights, at fair value	$	18,094	$	—	$	18,094	$	17,790	$	—	$	17,790
In-place lease intangible assets	98,622		(66,064)		32,558		98,622		(64,246)		34,376
Favorable lease intangible assets	26,649		(10,505)		16,144		26,649		(10,042)		16,607
Total net intangible assets	$	143,365	$	(76,569)	$	66,796	$	143,061	$	(74,288)	$	68,773

Schedule of Activity Within Intangible Assets

The following table summarizes the activity within intangible assets for the three months ended March 31, 2023 (amounts in thousands):

	Domestic Servicing Rights		In-place Lease Intangible Assets		Favorable Lease Intangible Assets		Total
Balance as of January 1, 2023	$	17,790	$	34,376	$	16,607	$	68,773
Amortization	—		(1,818)		(463)		(2,281)
Changes in fair value due to changes in inputs and assumptions	304		—		—		304
Balance as of March 31, 2023	$	18,094	$	32,558	$	16,144	$	66,796

Schedule of Future Amortization Expense

The following table sets forth the estimated aggregate amortization of our in-place lease intangible assets and favorable lease intangible assets for the next five years and thereafter (amounts in thousands):

2023 (remainder of)	$	6,170
2024	6,754
2025	5,649
2026	4,123
2027	3,630
Thereafter	22,376
Total	$	48,702