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Financial Instruments - Credit Losses (Tables)
3 Months Ended
Mar. 31, 2026
Credit Loss [Abstract]  
Schedule of Disaggregation of Defaulted Notes by Year of Default
The following table presents the disaggregation of defaulted notes by year of default as of March 31, 2026:
(Expressed in thousands)
As of March 31, 2026
2026$— 
2025379 
2024199 
2023495 
2022141 
2021 and prior2,058
Total$3,272 
Schedule of Activity in Allowance for Uncollectibles of Defaulted Notes
The following table presents activity in the allowance for uncollectibles of defaulted notes for the three months ended March 31, 2026 and 2025:

(Expressed in thousands)
For the Three Months Ended
March 31,
2026
2025
Beginning balance$2,117 $2,814 
Additions435 168 
Ending balance$2,552 $2,982