Real Estate Owned (REO) and Mortgages Payable (Tables)

9 Months Ended

Sep. 30, 2023

Real Estate [Abstract]

Summary of REO, Net

REO, net in operations expense on the consolidated income statements is comprised of the following for the three and nine months ended September 30, 2023 and 2022 ($ in thousands).

	Three Months Ended September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
Holding costs, net of other income	$	(50	)	$	(20	)	$	(182	)	$	(162	)
Valuation adjustments		—			261			—			261
REO, net	$	(50	)	$	241		$	(182	)	$	99