CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash Flows from Operating Activities
Net income (loss)	$ (5,970)	$ (6,705)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Net realized (gains) losses on investments	1,546	296
Net change in unrealized (gains) losses on investments	12,036	(1,332)
Net change in unrealized (gains) losses on foreign currency	0	(1)
Change in fair value of debt obligation	0	(968)
Payment in-kind interest	217	16
Equity investment earnings	(362)	(282)
Amortization of debt issuance costs	72	125
Amortization of deferred acquisition costs	708	555
Amortization of intangible assets	444	910
Net amortization of premiums and accretion of discounts on investments	(82)	18
Equity based compensation	0	302
Increase (decrease) in estimated credit losses	(4,540)	(42)
Write-off of unamortized debt issuance costs	472	0
(Increase) decrease in operating assets:
Reinsurance recoverable	(1,154)	1,869
Change in deferred acquisition costs	(35)	7
Distributions from equity method investments	652	475
Purchases of investments by consolidated VIEs	(35,368)	(17,873)
Proceeds from sale of investments by consolidated VIEs	22,280	11,417
Increase (decrease) in operating liabilities:
Due to related parties	942	(1,476)
Future policy benefits	(11,361)	(5,715)
Interest sensitive contract liabilities	4,289	3,818
Funds held under reinsurance contracts	(6,156)	(1,547)
Accrued expenses and other liabilities	(121)	8,888
Net cash used in operating activities	(24,402)	(7,782)
Investing Activities
Purchases of investments	(141,741)	(38,757)
Proceeds from sales and repayments of investments	104,327	91,927
Net cash provided by (used in) investing activities	(37,414)	53,170
Financing Activities
Repurchase of common shares	(15,438)	0
Proceeds from borrowings of asset management business	40,000	0
Repayments of borrowings of asset management business	(23,500)	(500)
Financing costs paid and deferred	(2,284)	0
Proceeds from borrowings of insurance business	0	3,000
Withdrawals on investment-type policies and contracts	(7,808)	(11,259)
Net cash provided by (used in) financing activities	(9,030)	(8,759)
Supplemental disclosures of cash flow information
Interest received	20,548	20,810
Interest paid	2,203	2,836
Dividends received	246	404
Income taxes paid	$ 19	$ 37
Supplemental Disclosures of Non-Cash Investing and Financing Activities
Restricted stock release (in shares)	0	209
Issuance of common shares for investment purchases (in shares)	0	5,000
Issuance of common shares for share based compensation	0	45
Variable Interest Entity, Primary Beneficiary
(Increase) decrease in operating assets:
Other assets	$ 31	$ (41)
Financing Activities
Net increase (decrease) in cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated VIEs	(70,846)	36,629
Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated VIEs, beginning of the period	143,725	101,705
Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated VIEs, end of period	72,879	138,334
Consolidated Entity, Excluding Consolidated VIE
(Increase) decrease in operating assets:
Other assets	(2,942)	(496)
Asset Management
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Net realized (gains) losses on investments	(367)	(60)
Net change in unrealized (gains) losses on investments	723	(781)
Equity investment earnings	(362)	(282)
Financing Activities
Cash and cash equivalents	9,348	2,563
Insurance Solutions
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Amortization of deferred acquisition costs	708	555
Financing Activities
Cash, cash equivalents and restricted cash, and cash and cash equivalents of consolidated VIEs, end of period	63,531	135,771
Restricted cash	10,975	12,526
Supplemental disclosures of cash flow information
Interest paid	300	300
Insurance Solutions | Variable Interest Entity, Primary Beneficiary
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Net realized (gains) losses on investments	706	(60)
Net change in unrealized (gains) losses on investments	2,971	326
Financing Activities
Cash and cash equivalents	17,184	18,723
Insurance Solutions | Consolidated Entity, Excluding Consolidated VIE
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Net realized (gains) losses on investments	1,207	416
Net change in unrealized (gains) losses on investments	8,342	(1,846)
Financing Activities
Cash and cash equivalents	$ 35,372	$ 104,522