GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the carrying value of goodwill by reportable segment:

	Origination and Servicing		Residential Transitional Lending		Asset Management		Total
Balance at December 31, 2024	29,468		55,731		48,633		133,832
Impairment loss	—		—		—		—
Balance at March 31, 2025	$	29,468	$	55,731	$	48,633	$	133,832

Schedule of Acquired Intangible Assets

The following table presents the details of identifiable intangible assets acquired:

	Estimated Useful Life	Amount
Customer Relationships	4.5	$	16,000
Total Identifiable Intangible Assets		$	16,000

The following table summarizes the acquired identifiable intangible assets:

	Estimated Useful Lives (Years)	March 31, 2025		December 31, 2024
Gross Intangible Assets:
Management contracts	10	$	275,000	$	275,000
Customer relationships	2 to 9	79,753		79,753
Purchased technology	3 to 7	109,539		105,567
Trademarks / Trade names(A)	1 to 5	10,259		10,259
Licenses	Indefinite	21,365		21,365
		495,916		491,944
Accumulated Amortization:
Management contracts		37,716		30,940
Customer relationships		32,318		25,773
Purchased technology		100,671		97,259
Trademarks / Trade names		6,318		6,023
		177,023		159,995
Intangible Assets, Net:
Management contracts		237,284		244,060
Customer relationships		47,435		53,980
Purchased technology		8,868		8,308
Trademarks / Trade names(A)		3,941		4,236
Licenses		21,365		21,365
		$	318,893	$	331,949

(A)Includes indefinite-lived intangible assets of $1.9 million as of March 31, 2025 and December 31, 2024.

Schedule of Intangible Asset Amortization Expense

The following table summarizes the amortization expense recorded by the Company related to its intangible assets. Amortization expense related to intangible assets is included in general and administrative in the consolidated statements of operations.

	Three Months Ended March 31,
	2025		2024
Amortization expense	$	13,056	$	18,953

Schedule of Intangible Assets, Future Amortization Expense

The following table summarizes the expected future amortization expense for intangible assets as of March 31, 2025:

Year Ending	Amortization Expense
2026	$	36,244
2027	41,073
2028	36,888
2029	36,317
2030	35,898
2031 and thereafter	109,232
	$	295,652