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TRANSACTIONS WITH AFFILIATED COMPANIES AND RELATED PARTY TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Investments in and advances to affiliates
Investments related to our joint ventures and other investments for the years ended December 31, 2025 and 2024 were as follows:
December 31, 2025December 31, 2024
CompanyYear End
Fair Value
Net Gains/(Losses)
Year End
Fair Value		Net Gains/(Losses)
Joint Ventures
NCL JV
$— $(2,792)$18,800 $(600)
TSO JV
37,250 (850)38,100 11,184 
Total Joint Ventures$37,250 $(3,642)$56,900 $10,584 
Other Investments
EMCAP Loan Holdings, LLC$306 $— $320 $68 
Biller Genie Software, LLC1,983 1,525 458 60 
Intelligent Protection Management Corp.
IPM Earnout1
1,300 (968)— — 
IPM Stock2
6,880 (1,320)$— — 
Total Other Investments$10,469 $(763)$778 $128 
Total
$47,719 $(4,405)$57,678 $10,712 
1    Fair value of the Earn-out of $2.268 million as of January 2, 2025, valued in accordance with ASC 805 and ASC 820.
2    Four million shares of IPM Preferred Stock initially valued at $2.05 per share, which was the closing price of IPM’s common shares on January 2, 2025, with net gains/(losses) calculated based on a closing price of $1.72 on December 31, 2025.
The following table summarizes the amounts due to and due from affiliated companies as of December 31, 2025 and 2024:

December 31, 2025December 31, 2024
Due from affiliated companies1
100 242 
Due to affiliated companies2
— — 
Total due to/due from affiliated companies, net$100 $242 
1    Included within Other assets
2     Included within Accounts payable, accrued expenses, and other liabilities
The following table summarizes the income earned from our joint ventures and other investments for the years ended December 31, 2025, 2024 and 2023:

Year Ended December 31,
202520242023
Servicing income
$1,591 $1,997 $1,240 
Dividend income
3,211 1,503 1,641 
Total income$4,802 $3,500 $2,881 
In the normal course of business, Newtek Bank holds FDIC insured deposits from certain of the Company’s officers, directors and their associated companies. The following table summarizes the amounts due of deposits from related parties and their affiliated companies as of December 31, 2025 and December 31, 2024:

December 31, 2025December 31, 2024
FDIC insured deposits
$4,054 $4,732 
Non-FDIC insured deposits
322 1,098 
Total deposits from related parties and their affiliated companies
$4,376 $5,830