v3.25.4
Other Income (Tables)
12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Schedule of Other Income
The following table details the components of the Company's other income for the years ended December 31, 2025, 2024 and 2023, respectively (dollar amounts in thousands):

For the Years Ended December 31,
202520242023
Servicing fee income
$8,036 $906 $— 
Gain on sale of real estate (1)
8,923 27,835 4,763 
Gain on de-consolidation of joint venture equity investments in Consolidated VIEs
— 6,115 — 
Loss on extinguishment of collateralized debt obligations and mortgages payable on real estate
(884)(2,864)(796)
Miscellaneous (2)
434 (2,843)769 
Total other income
$16,509 $29,149 $4,736 

(1)See Notes 8 and 9 for description of nature of transactions out of which items arose.
(2)During the year ended December 31, 2024, the Company recorded a provision for uncollectible receivables for asset management expenses incurred related to a non-accrual multi-family loan that are in excess of anticipated redemption proceeds (see Note 5)