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Fair Value Option (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Election [Abstract]  
Fair Value Option, Disclosures
The following table presents the changes in fair value of the credit-linked notes for which the fair value option has been elected for the periods indicated:
 Three Months Ended
March 31,
Credit-Linked Notes20252024
 (In thousands)
Changes in fair value - gains (losses) included in earnings$482 $(348)
Changes in fair value - other comprehensive income (loss) $146 $(1,251)
Fair Value Option, Disclosure, Credit-Link Notes
The following table provides information about the credit-linked notes carried at fair value as of the dates indicated:
March 31,December 31,
Credit-Linked Notes20252024
(In thousands)
Carrying value reported on the condensed consolidated balance sheets$117,196 $118,838 
Aggregate unpaid principal balance in excess of fair value$929 $301