Equity Method Investments (Tables)

6 Months Ended

Jun. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Joint Venture Revenues and Net Income (Loss)

The tables below details the Company’s joint venture revenues and earnings during the six months ended June 30, 2024 and 2023 (in thousands):

	Six Months Ended June 30, 2024
	KNFH LLC		DHC8 LLC		KNFH II LLC		HGC Origination I LLC and HGC Funding I LLC		HGC MPG Funding LLC
Revenue	$	—	$	551	$	13,245	$	2,302	$	2,524
Gross profit		—		551		5,208		2,302		2,524
Operating income (loss)		—		443		5,107		2,226		2,524
Net income (loss):	$	—	$	443	$	5,107	$	2,235	$	2,524

	Six Months Ended June 30, 2023
	KNFH LLC			DHC8 LLC		KNFH II LLC		HGC Origination I LLC and HGC Funding I LLC		HGC MPG Funding LLC
Revenue	$	303		$	821	$	—	$	2,541	$	118
Gross profit		303			821		—		2,541		118
Operating income (loss)		(141	)		701		—		2,562		118
Net income (loss):	$	(141	)	$	701	$	—	$	2,562	$	118

Schedule of the Components of Assets and Liabilities

The table below details the summarized components of assets and liabilities of the Company’s joint ventures, as of June 30, 2024 and December 31, 2023 (in thousands):

	June 30,		December 31,
	2024		2023
Assets:
KNFH LLC	$	—	$	292
DHC8 LLC		4,165		7,061
KNFH II LLC		8,164		8,150
HGC Origination I LLC and HGC Funding I LLC		27,426		28,389
HGC MPG Funding LLC		36,004		38,081
Total assets	$	75,759	$	81,973
Liabilities:
KNFH LLC	$	—	$	289
DHC8 LLC		1,059		1,102
KNFH II LLC		2,267		4,000
HGC Origination I LLC and HGC Funding I LLC		992		10
HGC MPG Funding LLC		—		—
Total liabilities	$	4,318	$	5,401