Beneficial Interests (Tables)

6 Months Ended

Jun. 30, 2023

Beneficial Interests [Abstract]

Schedule of Beneficial Interests

The following table presents the aggregate unpaid principal balance of the underlying portfolio as well as the fair value of beneficial interests, which are presented as a separate asset line item on the condensed consolidated balance sheets. As of June 30, 2023, beneficial interest liabilities were immaterial. There were no beneficial interests held by the Company as of December 31, 2022.

	June 30, 2023
	Unpaid Principal Balance		Fair Value
Beneficial interests	$	742,988	$	28,664

The Company recognizes these beneficial interests at fair value with changes reported as part of the fair value and other adjustments on the condensed consolidated statements of operations and comprehensive income (loss). The table below presents losses recognized on beneficial interests during the following periods:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2023		2022		2023
Fair value losses on beneficial interests	$	—	$	(1,956)	$	—	$	(1,956)