XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.26.1

GOODWILL AND INTANGIBLE ASSETS, NET | 3 Months Ended
--- | ---
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS, NET | GOODWILL AND INTANGIBLE ASSETS, NET Goodwill The following is a summary of goodwill by segment:
(in thousands) |  | Servicer and Real Estate |  | Origination |  | Corporate and Others |  | Total
Balance as of March 31, 2026 and December 31, 2025 |  | $ | 30,681 |  |  | $ | 25,279 |  |  | $ | — |  |  | $ | 55,960 |
Intangible Assets, net Intangible assets, net consist of the following:
|  | Weighted average estimated useful life (in years) |  | Gross carrying amount |  | Accumulated amortization |  | Net book value
(in thousands) |  |  | March 31, 2026 |  | December 31, 2025 |  | March 31, 2026 |  | December 31, 2025 |  | March 31, 2026 |  | December 31, 2025
Definite lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer related intangible assets |  | 9 |  | $ | 213,912 |  |  | $ | 213,912 |  |  | $ | (206,921) |  |  | $ | (206,182) |  |  | $ | 6,991 |  |  | $ | 7,730 |
Operating agreement |  | 20 |  | 35,000 |  |  | 35,000 |  |  | (28,292) |  |  | (27,854) |  |  | 6,708 |  |  | 7,146 |
Trademarks and trade names |  | 16 |  | 9,709 |  |  | 9,709 |  |  | (8,291) |  |  | (8,198) |  |  | 1,418 |  |  | 1,511 |
Non-compete agreements |  | 2 |  | 432 |  |  | 432 |  |  | (103) |  |  | (41) |  |  | 329 |  |  | 391 |
Intellectual property |  | 1 |  | 368 |  |  | 368 |  |  | (153) |  |  | (61) |  |  | 215 |  |  | 307 |
Total |  |  |  | $ | 259,421 |  |  | $ | 259,421 |  |  | $ | (243,760) |  |  | $ | (242,336) |  |  | $ | 15,661 |  |  | $ | 17,085 |
Amortization expense for definite lived intangible assets was $1.4 million and $1.3 million for the three months ended March 31, 2026 and 2025, respectively. Forecasted annual definite lived intangible asset amortization expense for 2026 through 2030 is $5.5 million, $4.9 million, $4.4 million, $2.1 million and $0.2 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration