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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table summarizes the information about segment net income (loss) and significant segment expenses for the three months ended March 31, 2025 and 2024 ($ in thousands):
|  |  |  |  |  | For the Three Months Ended March 31, |  |
|  |  |  |  |  | 2025 |  | 2024 |  |
Net interest margin |  |  |  |  |  | $ | 9,291 |  |  | $ | 15,214 |  |  |
Revenue from real estate owned |  |  |  |  |  | 5,657 |  |  | 3,478 |  |  |
Total revenue |  |  |  |  |  | 14,948 |  |  | 18,692 |  |  |
Expenses from real estate owned |  |  |  |  |  | (4,495) |  |  | (2,037) |  |  |
(Provision for) reversal of current expected credit losses, net |  |  |  |  |  | 5,340 |  |  | 22,269 |  |  |
Realized losses on loans |  |  |  |  |  | — |  |  | (45,726) |  |  |
Other segment items (1) |  |  |  |  |  | (6,448) |  |  | (5,521) |  |  |
Segment net income (loss) |  |  |  |  |  | 9,345 |  |  | (12,323) |  |  |
Adjustments and reconciling items |  |  |  |  |  | — |  |  | — |  |  |
Net income (loss) attributable to common stockholders |  |  |  |  |  | $ | 9,345 |  |  | $ | (12,323) |  |  |
______________________________ (1)Other segment items included in Segment net income (loss) includes management and incentive fees to affiliate, professional fees, general and administrative expenses, general and administrative expenses reimbursed to affiliate, change in unrealized losses on loans held for sale and income tax expense (benefit), including excise tax.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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