XML 56 R46.htm IDEA: XBRL DOCUMENT v3.24.3
OTHER REAL ESTATE RELATED AND OTHER INVESTMENTS - Schedule of Other Real Estate Related Investment Activity (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]      
Net change in other loans receivable $ 890 $ 4,490  
Other Real Estate Related Investments      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Origination of other real estate related investments 556,951 47,534  
Accrued interest, net 4,099 129  
Unrealized loss on other real estate related investments, net (689) (7,856)  
Prepayments of other real estate related investments 0 (15,000)  
Net change in other loans receivable 560,361 $ 24,807  
Other loans receivable      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Origination of other real estate related investments 17,979    
Mortgage loan receivable $ 18,046   $ 17,156
Weighted average interest rate 8.80%    
Expected credit loss $ (2,094)   (2,094)
Principal Balance 17,979    
Net change in other real estate related investments 15,952   $ 15,062
Other loans receivable | Financial Asset, 1 to 29 Days Past Due      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Origination of other real estate related investments $ 4,900