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v3.23.1

DEBT - Debt Activity (Details) - USD ($) | 12 Months Ended
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Dec. 31, 2022 | Dec. 31, 2021
Debt [Roll Forward] |  |
Debt, beginning balance | $ 201,145,000 |
Debt Issuances & Assumptions | 166,230,000 |
Repayments | (183,392,000) |
Accretion & (Amortization) | 1,066,000 | $ 1,068,000
Amortization of debt discount (premium) | 48,000 | (61,000)
Accretion & (Amortization) | 284,000 |
Deferred loan costs, ending balance | (2,120,000) |
Debt, ending balance | 184,267,000 | 201,145,000
Mortgage Payable |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 97,100,000 |
Deferred loan costs, beginning balance | (120,000) |
Debt, beginning balance | 96,980,000 |
Accretion & (Amortization) | 26,000 |
Outstanding, ending balance | 97,100,000 | 97,100,000
Deferred loan costs, ending balance | (94,000) | (120,000)
Debt, ending balance | 97,006,000 | 96,980,000
Secured Borrowings - Government Guaranteed Loans |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 6,671,000 |
Debt, beginning balance | 6,976,000 |
Premiums (discounts), beginning balance | 305,000 |
Repayments | (692,000) |
Amortization of debt discount (premium) | (47,000) |
Outstanding, ending balance | 5,979,000 | 6,671,000
Premiums (discounts), ending balance | 258,000 | 305,000
Debt, ending balance | 6,237,000 | 6,976,000
Other Debt |  |
Debt [Roll Forward] |  |
Debt, beginning balance | 97,189,000 |
Debt Issuances & Assumptions | 166,230,000 |
Repayments | (182,700,000) |
Accretion & (Amortization) | 305,000 |
Debt, ending balance | 81,024,000 | 97,189,000
Junior subordinated notes |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 27,070,000 |
Premiums (discounts), beginning balance | (1,592,000) |
Amortization of debt discount (premium) | 95,000 |
Outstanding, ending balance | 27,070,000 | 27,070,000
Premiums (discounts), ending balance | (1,497,000) | (1,592,000)
SBA 7(a) loan-backed notes |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 7,670,000 |
Repayments | (7,670,000) |
Outstanding, ending balance | 0 | 7,670,000
Deferred debt issuance costs — other |  |
Debt [Roll Forward] |  |
Deferred loan costs, beginning balance | (989,000) |
Accretion & (Amortization) | 210,000 |
Deferred loan costs, ending balance | (779,000) | (989,000)
Revolving Credit Facility | Line of Credit | 2018 revolving credit facility |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 60,000,000 |
Debt Issuances & Assumptions | 110,000,000 |
Repayments | (170,000,000) |
Outstanding, ending balance | 0 | 60,000,000
Revolving Credit Facility | Line of Credit | 2022 credit facility revolver |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 0 |
Debt Issuances & Assumptions | 0 |
Repayments | 0 |
Outstanding, ending balance | 0 | 0
Revolving Credit Facility | Line of Credit | Paycheck Protection Program Liquidity Facility, CARES Act |  |
Debt [Roll Forward] |  |
Repayments | (5,030,000) |
Outstanding, ending balance | 0 |
2022 credit facility term loan | Line of Credit |  |
Debt [Roll Forward] |  |
Outstanding, beginning balance | 0 |
Debt Issuances & Assumptions | 56,230,000 |
Repayments | 0 |
Outstanding, ending balance | 56,230,000 | $ 0
2022 credit facility term loan | Line of Credit | 2022 credit facility revolver |  |
Debt [Roll Forward] |  |
Outstanding, ending balance | $ 56,200,000 |

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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1F -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495355-112611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
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