XML 93 R80.htm IDEA: XBRL DOCUMENT v3.24.2
Debt, net - Schedule of Debt Obligations, Net of Discounts and Deferred Financing Costs (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Long-term debt $ 395,926,000 $ 411,488,000
Unamortized deferred financing costs (8,588,000) (9,077,000)
Total debt, net 387,338,000 402,411,000
Insurance | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 336,639,000 357,138,000
Unamortized deferred financing costs (8,473,000) (8,950,000)
Total debt, net 328,166,000 348,188,000
Mortgage | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 59,287,000 54,350,000
Unamortized deferred financing costs (115,000) (127,000)
Total debt, net 59,172,000 54,223,000
Corporate debt    
Debt Instrument [Line Items]    
Long-term debt 260,500,000 290,000,000
Corporate debt | Revolving credit facility    
Debt Instrument [Line Items]    
Long-term debt 100,500,000 130,000,000
Corporate debt | Insurance | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 260,500,000 290,000,000
Corporate debt | Insurance | Operating segments | Revolving credit facility    
Debt Instrument [Line Items]    
Long-term debt 100,500,000 130,000,000
Corporate debt | Mortgage | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 0 0
Corporate debt | Mortgage | Operating segments | Revolving credit facility    
Debt Instrument [Line Items]    
Long-term debt $ 0 $ 0
Corporate debt | SOFR | Revolving credit facility    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.50% 1.50%
Asset based debt    
Debt Instrument [Line Items]    
Long-term debt $ 135,426,000 $ 121,488,000
Asset based debt | Revolving credit facility    
Debt Instrument [Line Items]    
Long-term debt 76,139,000 67,138,000
Asset based debt | Insurance | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 76,139,000 67,138,000
Asset based debt | Insurance | Operating segments | Revolving credit facility    
Debt Instrument [Line Items]    
Long-term debt 76,139,000 67,138,000
Asset based debt | Mortgage | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 59,287,000 54,350,000
Asset based debt | Mortgage | Operating segments | Revolving credit facility    
Debt Instrument [Line Items]    
Long-term debt $ 0 $ 0
Asset based debt | LIBOR | Revolving credit facility    
Debt Instrument [Line Items]    
Basis spread on variable rate   2.75%
Asset based debt | SOFR | Revolving credit facility    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.75%  
Preferred trust securities | Corporate debt    
Debt Instrument [Line Items]    
Long-term debt $ 35,000,000 $ 35,000,000
Preferred trust securities | Corporate debt | Insurance | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 35,000,000 35,000,000
Preferred trust securities | Corporate debt | Mortgage | Operating segments    
Debt Instrument [Line Items]    
Long-term debt $ 0 $ 0
Preferred trust securities | Corporate debt | LIBOR    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.10% 4.10%
8.50% Junior subordinated notes | Corporate debt    
Debt Instrument [Line Items]    
Stated interest rate, percentage 8.50% 8.50%
Long-term debt $ 125,000,000 $ 125,000,000
8.50% Junior subordinated notes | Corporate debt | Insurance | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 125,000,000 125,000,000
8.50% Junior subordinated notes | Corporate debt | Mortgage | Operating segments    
Debt Instrument [Line Items]    
Long-term debt 0 0
Residential mortgage warehouse borrowings | Asset based debt    
Debt Instrument [Line Items]    
Long-term debt $ 59,287,000 $ 54,350,000
Weighted average interest rate 7.18% 7.15%
Residential mortgage warehouse borrowings | Asset based debt | Insurance | Operating segments    
Debt Instrument [Line Items]    
Long-term debt $ 0 $ 0
Residential mortgage warehouse borrowings | Asset based debt | Mortgage | Operating segments    
Debt Instrument [Line Items]    
Long-term debt $ 59,287,000 $ 54,350,000
Residential mortgage warehouse borrowings | Minimum | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.75% 1.75%
Residential mortgage warehouse borrowings | Maximum | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.50% 2.75%
Residential mortgage warehouse borrowings, $50,000 LIC due August 2024 | Asset based debt    
Debt Instrument [Line Items]    
Debt, face amount $ 50,000,000 $ 50,000,000
Residential mortgage warehouse borrowings, $50,000 LIC due August 2024 | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.75% 1.75%
Residential mortgage warehouse borrowings, $50,000 LIC due August 2024 | Asset based debt | SOFR, two    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.00% 2.00%
Residential mortgage warehouse borrowings, $50,000 LIC due August 2024 | Asset based debt | SOFR, three    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.50% 2.50%
Residential mortgage warehouse borrowings, $25,000 LIC, due September 2024 | Asset based debt    
Debt Instrument [Line Items]    
Debt, face amount $ 25,000  
Residential mortgage warehouse borrowings, $25,000 LIC, due September 2024 | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.75%  
Floor rate 4.00%  
Residential mortgage warehouse borrowings, $25,000 LIC, due September 2024 | Asset based debt | SOFR, two    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.25%  
Residential mortgage warehouse borrowings, $25,000 LIC, due February 2025 | Asset based debt    
Debt Instrument [Line Items]    
Debt, face amount $ 25,000,000  
Residential mortgage warehouse borrowings, $25,000 LIC, due February 2025 | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.875%  
Residential mortgage warehouse borrowings, $25,000 LIC, due June 2025 | Asset based debt    
Debt Instrument [Line Items]    
Debt, face amount $ 25,000,000  
Residential mortgage warehouse borrowings, $25,000 LIC, due June 2025 | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate 1.75%  
Residential mortgage warehouse borrowings, $65,000 LIC | Asset based debt    
Debt Instrument [Line Items]    
Debt, face amount   $ 65,000,000
Residential mortgage warehouse borrowings, $65,000 LIC | Asset based debt | SOFR    
Debt Instrument [Line Items]    
Basis spread on variable rate   1.75%
Floor rate   4.00%
Residential mortgage warehouse borrowings, $65,000 LIC | Asset based debt | SOFR, two    
Debt Instrument [Line Items]    
Basis spread on variable rate   2.25%
Residential mortgage warehouse borrowings, $65,000 LIC | Asset based debt | SOFR, three    
Debt Instrument [Line Items]    
Basis spread on variable rate   2.75%