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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

Note 14. Subsequent Events

RMR IV revolving warehouse credit facility amendment: In April 2026, the Company amended its RMR IV revolving warehouse credit facility to, among other things and subject to certain conditions, (i) extend the revolving period end date to May 2027 and (ii) extend the maturity date to May 2028.

RMR V revolving warehouse credit facility amendment: In April 2026, the Company amended its RMR V revolving warehouse credit facility to, among other things and subject to certain conditions, (i) extend the revolving period end date to November 2027 and (ii) extend the maturity date to November 2028.

RMR VI revolving warehouse credit facility amendment: In April 2026, the Company amended its RMR VI revolving warehouse credit facility to, among other things and subject to certain conditions, (i) extend the revolving period end date to April 2028 and (ii) extend the maturity date to April 2029.

RMR VII revolving warehouse credit facility amendment: In April 2026, the Company amended its RMR VII revolving warehouse credit facility to, among other things and subject to certain conditions, (i) extend the revolving period end date to October 2027, (ii) establish a one-year amortization period, extending the maturity date to October 2028, and (iii) reduce the margin applied in calculating the rate of interest on the advances made pursuant to the RMR VII Credit Agreement to 2.1% per annum.

Quarterly cash dividend: In April 2026, the Company announced that the Board declared a quarterly cash dividend of $0.30 per share. The dividend will be paid on June 10, 2026 to shareholders of record at the close of business on May 20, 2026. The declaration, amount, and payment of any future cash dividends on shares of the Company’s common stock will be at the discretion of the Board.