Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of contractual obligations and commercial commitments

The following table illustrates our contractual obligations and commercial commitments by due date as of December 31, 2022:

(dollars in thousands)	Total		Less than 1 year		1-3 years		3-5 years		More than 5 years
Construction holdbacks(1)	$	429,920	$	261,243	$	168,677	$	—	$	—
Operating lease obligations(2)		9,930		887		2,018		2,140		4,885
Total	$	439,850	$	262,130	$	170,695	$	2,140	$	4,885

(1)The funding timing and amounts of construction holdbacks are uncertain as these commitments relate to loans for construction costs and depend on the progress and performance of the underlying projects. In addition, $22.8 million of holdbacks are excluded from this table as they represent capital expenditures required to complete construction for defaulted loans that we are no longer required to pay.

(2)The total operating lease obligation includes $2.4 million of imputed interest.