FAIR VALUE MEASUREMENTS - Unobservable Units (Details)
$ in Thousands |
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing asset |
$ 22,062
|
$ 29,336
|
|
| Other real estate owned |
3,764
|
1,110
|
|
| Servicing assets at fair value |
46,257
|
39,725
|
|
| Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets at fair value |
22,062
|
29,336
|
|
| Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets at fair value |
24,195
|
10,389
|
$ 0
|
| Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing asset |
22,062
|
29,336
|
|
| Assets held for sale |
21,308
|
|
|
| Other real estate owned |
3,764
|
1,110
|
|
| Equity warrants |
133
|
141
|
|
| Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
57,678
|
41,587
|
|
| Assets held for sale |
21,308
|
|
|
| Joint Ventures and Other Non-Control Investments | Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
57,678
|
41,587
|
|
| Assets held for sale |
21,308
|
|
|
| Joint Ventures |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
56,900
|
40,859
|
23,022
|
| Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
778
|
728
|
$ 1,360
|
| Unguaranteed Investments Accrual | Non-affiliate | Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
302,442
|
421,627
|
|
| Unguaranteed Investments Non-Accrual | Non-affiliate | Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
67,304
|
48,174
|
|
| Loans Held For Sale | Non-affiliate | Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
$ 372,286
|
118,867
|
|
| Market yields | Joint Ventures and Other Non-Control Investments | Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
|
41,227
|
|
| Cost | Joint Ventures and Other Non-Control Investments | Level 3 |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments |
|
$ 360
|
|
| Weighted Average | Market yields | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0840
|
0.0802
|
|
| Weighted Average | Market yields | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0655
|
0.0775
|
|
| Weighted Average | Market yields | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0730
|
0.0739
|
|
| Weighted Average | Market yields | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0762
|
0.0685
|
|
| Weighted Average | Market yields | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Weighted Average | Cumulative prepayment rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Weighted Average | Cumulative prepayment rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.3465
|
0.2976
|
|
| Weighted Average | Cumulative prepayment rate | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2250
|
0.2250
|
|
| Weighted Average | Cumulative prepayment rate | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0
|
0
|
|
| Weighted Average | Cumulative prepayment rate | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.5978
|
0.6103
|
|
| Weighted Average | Cumulative prepayment rate | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Weighted Average | Average cumulative default rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2100
|
0.1900
|
|
| Weighted Average | Average cumulative default rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1890
|
0.1914
|
|
| Weighted Average | Average cumulative default rate | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2100
|
0.1900
|
|
| Weighted Average | Average cumulative default rate | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.3000
|
0.3000
|
|
| Weighted Average | Average cumulative default rate | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0989
|
0.2000
|
|
| Weighted Average | Average cumulative default rate | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2100
|
0.1900
|
|
| Weighted Average | Cost | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.1100
|
0.1200
|
|
| Weighted Average | Weighted average cost of capital | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0772
|
0.0850
|
|
| Weighted Average | Present value factor |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Asset held for sale, measurement input |
0.9070
|
|
|
| Weighted Average | Discount rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Asset held for sale, measurement input |
0.1023
|
|
|
| Weighted Average | Discount rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Weighted Average | Discount rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1297
|
0.1350
|
|
| Weighted Average | Expected volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.4800
|
0.4300
|
|
| Weighted Average | Dividend yield |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.0600
|
0.0520
|
|
| Weighted Average | Risk free rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.0452
|
0.0388
|
|
| Minimum | Market yields | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0800
|
0.0800
|
|
| Minimum | Market yields | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0655
|
0.0775
|
|
| Minimum | Market yields | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0730
|
0.0739
|
|
| Minimum | Market yields | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0708
|
0.0650
|
|
| Minimum | Market yields | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Minimum | Cumulative prepayment rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Minimum | Cumulative prepayment rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Minimum | Cumulative prepayment rate | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2250
|
0.2250
|
|
| Minimum | Cumulative prepayment rate | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0
|
0
|
|
| Minimum | Cumulative prepayment rate | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.5000
|
0.5560
|
|
| Minimum | Cumulative prepayment rate | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Minimum | Average cumulative default rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2100
|
0.1900
|
|
| Minimum | Average cumulative default rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.0500
|
0.1900
|
|
| Minimum | Average cumulative default rate | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2100
|
0.1900
|
|
| Minimum | Average cumulative default rate | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.3000
|
0.3000
|
|
| Minimum | Average cumulative default rate | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0500
|
0.2000
|
|
| Minimum | Average cumulative default rate | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2100
|
0.1900
|
|
| Minimum | Cost | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0800
|
0.1000
|
|
| Minimum | Weighted average cost of capital | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0600
|
0.0750
|
|
| Minimum | Present value factor |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Asset held for sale, measurement input |
0.8950
|
|
|
| Minimum | Discount rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Asset held for sale, measurement input |
0.0727
|
|
|
| Minimum | Discount rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Minimum | Discount rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Minimum | Expected volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.4800
|
0.4300
|
|
| Minimum | Dividend yield |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.0600
|
0.0520
|
|
| Minimum | Risk free rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.0452
|
0.0388
|
|
| Maximum | Market yields | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.1200
|
0.1200
|
|
| Maximum | Market yields | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0655
|
0.0775
|
|
| Maximum | Market yields | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0730
|
0.0739
|
|
| Maximum | Market yields | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.0818
|
0.0775
|
|
| Maximum | Market yields | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Maximum | Cumulative prepayment rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Maximum | Cumulative prepayment rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.7500
|
0.7500
|
|
| Maximum | Cumulative prepayment rate | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2250
|
0.2250
|
|
| Maximum | Cumulative prepayment rate | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0
|
0
|
|
| Maximum | Cumulative prepayment rate | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.7000
|
0.7500
|
|
| Maximum | Cumulative prepayment rate | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2250
|
0.2250
|
|
| Maximum | Average cumulative default rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2100
|
0.1900
|
|
| Maximum | Average cumulative default rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2000
|
0.2000
|
|
| Maximum | Average cumulative default rate | Unguaranteed Investments Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2100
|
0.1900
|
|
| Maximum | Average cumulative default rate | Unguaranteed Investments Non-Accrual | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.3000
|
0.3000
|
|
| Maximum | Average cumulative default rate | Loans Held For Sale | Non-affiliate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.1500
|
0.2000
|
|
| Maximum | Average cumulative default rate | Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.2100
|
0.1900
|
|
| Maximum | Cost | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.1400
|
0.1400
|
|
| Maximum | Weighted average cost of capital | Joint Ventures and Other Non-Control Investments |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Investments, measurement input |
0.2398
|
0.0950
|
|
| Maximum | Present value factor |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Asset held for sale, measurement input |
0.9320
|
|
|
| Maximum | Discount rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Asset held for sale, measurement input |
0.1171
|
|
|
| Maximum | Discount rate | Fair Value |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1200
|
0.1350
|
|
| Maximum | Discount rate | Lower of Cost or Market |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Servicing assets, measurement input |
0.1350
|
0.1350
|
|
| Maximum | Expected volatility |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.4800
|
0.4300
|
|
| Maximum | Dividend yield |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.0600
|
0.0520
|
|
| Maximum | Risk free rate |
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
| Equity warrants, measurement input |
0.0452
|
0.0388
|
|