v3.26.1
OTHER ASSETS
6 Months Ended
Jun. 30, 2026
OTHER ASSETS  
OTHER ASSETS

9. OTHER ASSETS

Other assets consisted of the following (in thousands):

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As of June 30, 

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As of December 31, 

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2026

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2025

Prepaid rent

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$

588

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$

588

Repossessed homes

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14,627

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12,763

Investment in Corpus AmeriCasa

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—

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560

Total

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$

15,215

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$

13,911

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Repossessed homes, net of allowances, as of June 30, 2026 include $10.7 million for homes repossessed from the consumer loan portfolio, $1.8 million for homes repossessed from the MHP loan portfolio, and $2.2 million for homes repossessed from dealers. Repossessed homes, net of allowances, as of December 31, 2025 include $8.4 million for homes repossessed from the consumer loan portfolio, $1.8 million for homes repossessed from the MHP loan portfolio, and $2.4 million for homes repossessed from dealers.

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The Company also held a 28.75% equity interest in Corpus AmeriCasa, an entity affiliated with AmeriCasa, which was included in other assets at approximately $0.6 million as of December 31, 2025. As of June 30, 2026, the Company determined that this investment was not recoverable and wrote down its entire carrying value to zero as a non-operating expense.