Equity Method Investments (Tables)

6 Months Ended

Jun. 30, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Joint Venture Revenues and Net Income (Loss)

The table below details the Company’s joint venture revenues and earnings during the six months ended June 30, 2023 and 2022 (in thousands):

	Six Months Ended June 30,
	2023			2022
Revenues:
CPFH LLC	$	—		$	31,021
KNFH LLC		303			4,578
DHC8 LLC		821			—
HGC Origination I LLC and HGC Funding I LLC		2,541			860
HGC MPG Funding LLC		118			—
Total revenues	$	3,783		$	36,459
Operating income (loss):
CPFH LLC	$	—		$	15,318
KNFH LLC		(141	)		873
DHC8 LLC		701			—
HGC Origination I LLC and HGC Funding I LLC		2,562			838
HGC MPG Funding LLC		118			—
Total operating income	$	3,240		$	17,029

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, 2023 and December 31, 2022 (in thousands):

	June 30,		December 31,
	2023		2022
Assets:
KNFH LLC	$	297	$	—
DHC8 LLC		7,922		8,561
HGC Origination I LLC and HGC Funding I LLC		46,340		53,385
HGC MPG Funding LLC		13,386		—
Total assets	$	67,945	$	61,946
Liabilities:
KNFH LLC	$	285	$	47
DHC8 LLC		1,144		1,028
HGC Origination I LLC and HGC Funding I LLC		—		1,504
HGC MPG Funding LLC		—		—
Total liabilities	$	1,429	$	2,579