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INVESTMENT MARGIN ACCOUNTS PAYABLE
12 Months Ended
Dec. 31, 2022
Investment Margin Accounts Payable  
INVESTMENT MARGIN ACCOUNTS PAYABLE

22. INVESTMENT MARGIN ACCOUNTS PAYABLE

 

During the year ended December 31, 2021, the Company entered into leverage agreements on certain brokerage accounts. As of December 31, 2022 and 2021, outstanding borrowings on the leverage agreements on certain broker accounts were $0.8 million and $18.5 million, respectively. During the years ended December 31, 2022 and 2021, the interest expense on these borrowings was $72,000 and $55,000, respectively.