Allowance for Doubtful Accounts (Tables)

3 Months Ended

Mar. 31, 2026

Receivables [Abstract]

Schedule of Notes Receivable Disaggregated by Vintage Year

The following table presents the Company’s four tiers of notes receivable as of and for the three months ended March 31, 2026 further disaggregated by year of origination, as well as write-off activity:

	Notes receivable
	Amortized cost basis by origination year
	2026		2025		2024		2023		2022		Prior		Total
	(in thousands)
Notes receivable
Standard notes receivable	$	7,093	$	36,465	$	4,221	$	1,182	$	3,002	$	—	$	51,963
Delinquent notes receivable	$	157	$	193	$	1,040	$	585	$	—	$	—	$	1,975
Genesis notes receivable	$	—	$	—	$	—	$	—	$	—	$	20,410	$	20,410
Elevated risk notes receivable	$	—	$	—	$	—	$	1,538	$	1,811	$	1,779	$	5,128
Current-period gross write-offs	$	—	$	—	$	3	$	74	$	—	$	101	$	178
Current-period recoveries	—		—		—		—		—		—		—
Current-period net write-offs	$	—	$	—	$	3	$	74	$	—	$	101	$	178

Schedule of Age Analysis of Past-Due Note Receivable

The following table provides information as to the status of payment on the Company’s notes receivable which were past due as of March 31, 2026:

	Age analysis of past-due notes receivable as of March 31, 2026
	0 - 90 Days		91 - 180 Days		Greater than 181 Days		Total
	(in thousands)
Notes receivable
Standard notes receivable	$	444	$	—	$	—	$	444
Delinquent notes receivable	243		28		736		1,007
Genesis notes receivable	—		—		20,410		20,410
Elevated risk notes receivable	—		—		5,128		5,128
	$	687	$	28	$	26,274	$	26,989

Schedule of Changes in Allowance for Doubtful Accounts

The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the three months ended March 31, 2026 and 2025, respectively:

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2025		Write-Offs1		Bad Debt Expense		March 31, 2026
	(in thousands)
Accounts receivable
Aged accounts receivable	$	68,910	$	(880)	$	1,664	$	69,694
Genesis accounts receivable	50,395		—		—		50,395
Total accounts receivable	$	119,305	$	(880)	$	1,664	$	120,089
Notes receivable
Standard notes receivable	$	3,587	$	—	$	902	$	4,489
Delinquent notes receivable	1,270		(178)		(470)		622
Genesis notes receivable	20,410		—		—		20,410
Elevated risk notes receivable	2,440		—		1,688		4,128
Total notes receivable	$	27,707	$	(178)	$	2,120	$	29,649
Total accounts and notes receivable	$	147,012	$	(1,058)	$	3,784	$	149,738

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2026, the Company collected $1.5 million of accounts and notes receivable which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio segment:	December 31, 2024		Write-Offs1		Bad Debt Expense		March 31, 2025
	(in thousands)
Accounts receivable	$	87,520	$	(2,328)	$	1,906	$	87,098
Notes receivable
Standard notes receivable	$	5,096	$	295	$	(805)	$	4,586
Delinquent notes receivable	6,026		—		(13)		6,013
Elevated risk notes receivable	2,140		—		—		2,140
Total notes receivable	$	13,262	$	295	$	(818)	$	12,739
Total accounts and notes receivable	$	100,782	$	(2,033)	$	1,088	$	99,837

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2025, the Company collected $0.3 million of accounts and notes receivable which had previously been written-off as uncollectible.

Schedule of Changes in Allowance for Notes Receivable

The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the three months ended March 31, 2026 and 2025, respectively:

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2025		Write-Offs1		Bad Debt Expense		March 31, 2026
	(in thousands)
Accounts receivable
Aged accounts receivable	$	68,910	$	(880)	$	1,664	$	69,694
Genesis accounts receivable	50,395		—		—		50,395
Total accounts receivable	$	119,305	$	(880)	$	1,664	$	120,089
Notes receivable
Standard notes receivable	$	3,587	$	—	$	902	$	4,489
Delinquent notes receivable	1,270		(178)		(470)		622
Genesis notes receivable	20,410		—		—		20,410
Elevated risk notes receivable	2,440		—		1,688		4,128
Total notes receivable	$	27,707	$	(178)	$	2,120	$	29,649
Total accounts and notes receivable	$	147,012	$	(1,058)	$	3,784	$	149,738

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2026, the Company collected $1.5 million of accounts and notes receivable which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio segment:	December 31, 2024		Write-Offs1		Bad Debt Expense		March 31, 2025
	(in thousands)
Accounts receivable	$	87,520	$	(2,328)	$	1,906	$	87,098
Notes receivable
Standard notes receivable	$	5,096	$	295	$	(805)	$	4,586
Delinquent notes receivable	6,026		—		(13)		6,013
Elevated risk notes receivable	2,140		—		—		2,140
Total notes receivable	$	13,262	$	295	$	(818)	$	12,739
Total accounts and notes receivable	$	100,782	$	(2,033)	$	1,088	$	99,837

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2025, the Company collected $0.3 million of accounts and notes receivable which had previously been written-off as uncollectible.