Quarterly report [Sections 13 or 15(d)]

COMMITMENTS AND CONTINGENCIES (Tables)

v3.25.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Activity of Investor Reserves
The activity of the investor reserves was as follows for the periods presented:
Three Months Ended
March 31,
(in thousands)
2025 2024
Balance — beginning of period $ 23,362  $ 19,973 
Provision for investor reserves 5,095  520 
Realized losses, net (6,508) (2,215)
Balance — end of period $ 21,949  $ 18,278