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Financial Instruments - Credit Losses (Tables)
12 Months Ended
Dec. 31, 2024
Credit Loss [Abstract]  
Schedule of Financing Receivable Credit Quality Indicators
The following table presents the disaggregation of defaulted notes by year of default as of December 31, 2024:
(Expressed in thousands)
As of December 31, 2024
2024$449 
20231,091 
2022141 
20211,541 
2020423 
2019 and prior1,340 
Total
$4,985 
Schedule of Financing Receivable, Allowance for Credit Loss
The following table presents activity in the allowance for uncollectibles of defaulted notes for the years ended December 31, 2024 and 2023:

(Expressed in thousands)
For the Year Ended
December 31,
20242023
Beginning balance
$3,869 $4,327 
Write-offs(1,901)(1,420)
Recoveries$847 $962 
Ending balance
$2,815 $3,869