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Derivatives (Tables)
 12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Derivative Assets and Income (Loss) Related To Derivatives Sunlight’s contract derivatives are recorded at fair value in the accompanying Consolidated Balance Sheets as follows:
Successor
Balance Sheet LocationDecember 31, 2022December 31, 2021
Contract derivative 1(a)
Other assetsn.a.$1,076 
Contract derivative 2Other assets449 335 
$449 $1,411 
a.The agreement was amended in December 2022 and no longer meets the definition of a derivative under GAAP.
The following table summarizes all income (loss) recorded in relation to derivatives:

SuccessorPredecessor
For the Year Ended December 31, 2022For the Period July 10, 2021 to December 31, 2021For the Period January 1, 2021 to July 9, 2021
Change in fair value of contract derivatives, net
Contract derivative 1$(1,076)$573 $(932)
Contract derivative 2114 65 270 
$(962)$638 $(662)
Realized gains/(losses) on contract derivatives, net
Contract derivative 1$2,245 $2,789 $2,950 
Contract derivative 2356 77 42 
$2,601 $2,866 $2,992 
Summary of Notional Amounts of Derivatives
The following table summarizes notional amounts related to derivatives:

Successor
December 31, 2022December 31, 2021
Contract derivative 1(a)
n.a.$38,879 
Contract derivative 2(b)
38,805 37,891 
a.At December 31, 2021, amount represents the carrying value of Indirect Channel Loans for the purchase and installation of home improvements other than residential solar energy systems held by Sunlight’s Bank Partner. Starting December, 2022, the amended agreement no longer meets the definition of a derivative under GAAP.
b.Represents the unpaid principal balance of the Loans at time of sale to the Indirect Channel Loan Purchaser for which Sunlight is entitled to income in the event of prepayment of the Indirect Channel Loans.