CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
INCOME
Interest income	$ 18,340	$ 20,900	$ 36,796	$ 44,112
Interest expense	(15,039)	(9,175)	(29,964)	(17,781)
Net interest income	3,301	11,725	6,832	26,331
Net decrease in the net present value of expected credit losses	2,866	961	3,487	4,939
Net interest income after the impact of changes in the net present value of expected credit losses	6,167	12,686	10,319	31,270
Loss from investments in affiliates	(265)	(355)	(363)	(418)
Loss on joint venture refinancing on beneficial interests	(8,814)	(2,142)	(9,809)	(6,115)
Other income/(loss)	498	(1,421)	(2,021)	(998)
Total (loss)/revenue, net	(2,414)	8,768	(1,874)	23,739
EXPENSE
Related party expense – loan servicing fees	1,827	2,006	3,687	4,097
Related party expense – management fee	2,001	2,363	3,829	4,656
Professional fees	989	419	1,923	764
Fair value adjustment on put option liability	1,839	3,595	3,461	6,795
Other expense	2,211	1,376	3,825	2,813
Total expense	8,867	9,759	16,725	19,125
Acceleration of put option settlement	0	3,531	0	3,531
Gain on debt extinguishment	0	0	(47)	0
(Loss)/income before provision for income taxes	(11,281)	(4,522)	(18,552)	1,083
Provision for income taxes	181	259	274	233
Consolidated net (loss)/income	(11,462)	(4,781)	(18,826)	850
Less: consolidated net income attributable to the non-controlling interest	24	16	54	112
Consolidated net (loss)/income attributable to the Company	(11,486)	(4,797)	(18,880)	738
Less: dividends on preferred stock	548	1,925	1,095	3,874
Less: discount on retirement of preferred stock	0	2,459	0	2,459
Consolidated net loss attributable to common stockholders	$ (12,034)	$ (9,181)	$ (19,975)	$ (5,595)
Basic loss per common share (in dollars per share)	$ (0.51)	$ (0.40)	$ (0.85)	$ (0.24)
Diluted loss per common share (in dollars per share)	$ (0.51)	$ (0.40)	$ (0.85)	$ (0.24)
Weighted average shares - basic (in shares)	23,250,725	22,754,553	23,087,717	22,837,971
Weighted average shares - diluted (in shares)	23,565,351	22,754,553	23,087,717	23,106,061