The following tables summarize the activity related to the fair value of the investments in loans and securities available for sale for the three months ended March 31, 2024 and 2023 (in thousands):


	Three Months Ended March 31,
	2024		2023
Balance, beginning of period	$	716,793	$	—
Transfer from held-to-maturity to available for sale at fair value	—		480,437
Additions	261,638		121,731
Cash received	(35,897)		(25,985)

Change in fair value	(21,531)		(670)
Credit-related impairment loss	(26,851)		(68,347)
Balance, end of period	$	894,151	$	507,166

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