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v3.23.3

Abacus Settlements LLC - RELATED-PARTY TRANSACTIONS - Narrative (Details) | 3 Months Ended | 6 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Sep. 30, 2023 USD ($) insurance_contract | Jun. 30, 2023 USD ($) insurance_contract | Sep. 30, 2022 USD ($) insurance_contract | Jun. 30, 2023 USD ($) insurance_contract | Sep. 30, 2023 USD ($) | Sep. 30, 2022 USD ($) insurance_contract | Dec. 31, 2022 USD ($)
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Total cost of revenue | $ 3,364,957 |  | $ 1,754,894 |  | $ 4,827,907 | $ 3,840,969 |
Other assets | $ 998,469 |  |  |  | $ 998,469 |  | $ 0
Related Party | Nova Funds |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Total policies | insurance_contract | 7 |  |  |  |  |  |
Face value | $ 46,650,000 |  |  |  |  |  |
Origination revenue percent | 2.00% |  |  |  | 2.00% |  |
Origination revenue |  |  |  |  | $ 20,000 |  |
Revenue | $ 254,517 |  |  |  |  |  |
Affiliated Entity | Nova Funds |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Revenue | $ 168,899 |  | 132,220 |  | $ 711,975 | 752,379 |
Abacus Settlements, LLC |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Revenue |  | $ 6,884,690 | 6,031,480 | $ 13,184,676 |  | 19,046,144 |
Total cost of revenue |  | 4,897,980 | 3,864,079 | 9,293,303 |  | 12,651,704 |
Abacus Settlements, LLC | Related Party |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Revenue |  | 5,195,602 | 4,264,628 | 9,931,938 |  | 14,094,223 |
Total cost of revenue |  | $ 3,392,647 | $ 2,930,990 | $ 6,558,354 |  | $ 8,453,302 |
Abacus Settlements, LLC | Related Party | Nova Funds |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Total policies | insurance_contract |  | 38 | 82 | 72 |  | 265 |
Face value |  | $ 56,688,680 | $ 93,605,072 | $ 96,674,080 |  | $ 376,409,910 |
Origination revenue percent |  | 2.00% |  | 2.00% |  |  |
Origination revenue |  |  |  | $ 20,000 |  |  |
Revenue |  | $ 1,579,864 | 8,244,271 | 3,093,797 |  | 8,244,271 |
Abacus Settlements, LLC | Related Party | LMA |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Other assets |  | 19,246 | 190,805 | 19,246 |  | 190,805 |
Abacus Settlements, LLC | Affiliated Entity |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Revenue |  | 3,615,738 | 1,155,000 | 6,838,141 |  | 2,066,700 |
Total cost of revenue |  | 2,623,201 | 1,055,000 | 5,020,603 |  | 1,667,700 |
Abacus Settlements, LLC | Affiliated Entity | LMA |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Revenue |  | 3,615,739 | 955,000 | 6,794,641 |  | 1,425,200 |
Total cost of revenue |  | $ 2,623,201 | $ 875,000 | $ 5,012,103 |  | $ 1,201,200 |
Abacus Settlements, LLC | Nova Funds |  |  |  |  |  |  |
Related Party Transaction [Line Items] |  |  |  |  |  |  |
Ownership percentage |  | 11.00% |  | 11.00% |  |  |

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