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Loans Held for Investment and Loans Held for Investment at Fair Value - Summary of UPB and Amortized Cost Basis of Loans in COVID-19 Forbearance Program (Details) - COVID 19 Forbearance Program - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2024
Dec. 31, 2023
Accounts Notes And Loans Receivable [Line Items]      
UPB Beginning balance $ 165,141 $ 174,571 $ 201,005
UPB Foreclosures (2,329) (3,962) (833)
UPB Repayments (4,295) (12,092) (25,601)
UPB Ending balance 158,517 158,517 174,571
UPB Performing/Accruing, Amount 117,802 117,802 132,389
UPB Nonperforming/Nonaccrual, Amount $ 40,715 $ 40,715 $ 42,182
UPB Performing/Accruing, Percentage 74.30% 74.30% 75.80%
UPB Nonperforming/Nonaccrual, Percentage 25.70% 25.70% 24.20%
Amortized Cost Beginning balance $ 166,983 $ 176,515 $ 203,346
Amortized Cost Foreclosures (2,378) (4,055) (830)
Amortized Cost Repayments (4,382) (12,237) (26,001)
Amortized Cost Ending balance 160,223 160,223 176,515
Amortized Cost Performing/Accruing, Amount 119,065 119,065 133,771
Amortized Cost Nonperforming/Nonaccrual, Amount $ 41,158 $ 41,158 $ 42,744
Amortized Cost Performing/Accruing, Percentage 74.30% 74.30% 75.80%
Amortized Cost Nonperforming/Nonaccrual, Percentage 25.70% 25.70% 24.20%