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Other Receivables (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Other Receivables, Net
As of June 30, 2025 and December 31, 2024, our notes receivable at amortized cost was comprised of the following:

(in thousands)June 30, 2025December 31, 2024
Notes receivable, gross$211,562 $194,434 
Deferred transaction income(3,007)(3,769)
Notes receivable, amortized cost$208,555 $190,665 
As of June 30, 2025 and December 31, 2024, the balance of other receivables, net, on the consolidated balance sheets was comprised of the following:

(in thousands)June 30, 2025December 31, 2024
Late payment fees receivable, net$1,694 $993 
Receivables from merchants
543 698 
Receivables from originating partner
1,788 1,938 
Other receivables, net$4,025 $3,629 
The activity in the allowance for other credit losses related to late payment fees, including the provision for other credit losses, charge-offs, and recoveries for the three and six months ended June 30, 2025 and 2024 was as follows:

For the three months ended June 30, For the six months ended June 30,
(in thousands)2025202420252024
Balance at beginning of period$4,993 $1,090 $5,276 $1,272 
Provision for other credit losses4,568 1,520 8,523 2,599 
Charge-offs(4,596)(1,206)(9,085)(2,612)
Recoveries of charged-off receivables284 122 535 267 
Balance at end of period$5,249 $1,526 $5,249 $1,526 
Net late payment fee charge-offs by year of origination for the six months ended June 30, 2025 was as follows:
(in thousands)20252024202320222021Total
Current period gross charge-offs$(2,602)$(6,460)$(1)$(22)$— $(9,085)
Current period recoveries— 407 55 32 41 535 
Current period net charge-offs$(2,602)$(6,053)$54 $10 $41 $(8,550)