Sunlight Financial Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - sunl-20220930.htm

Financing Receivables - Components (Details)

v3.22.2.2

Financing Receivables - Components (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jul. 09, 2021	Jun. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Participation interest in loan pool	5.00%
Amounts outstanding	$ 68,161		$ 71,952
Unamortized discount	(328)		(414)
Allowance for credit losses	(7,644)		(386)
Carrying value	60,189		71,152
Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amounts outstanding	64,066		67,077
Unamortized discount	0		0
Allowance for credit losses	(7,458)	$ (3,487)	(238)	$ 0	$ (211)	$ (211)	$ (121)
Carrying value	56,608		66,839
Advances, not associated with specific installation projects
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	(2,600)		0
Carrying value	6,600		9,000
Loans and Loan Participations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amounts outstanding	4,095		4,875
Unamortized discount	(328)		(414)
Allowance for credit losses	(186)	(146)	(148)	0	(111)	(111)	(125)
Carrying value	$ 3,581	$ 3,794	4,313	$ 4,789	$ 4,712	$ 4,707	$ 5,333
Residential solar loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Participation interest in loan pool	5.00%			5.00%
Amounts outstanding	$ 3,800		4,600
Indirect Channel Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amounts outstanding	$ 300		$ 300

- Definition

Financing Receivable, Participation Interest In Loan Pool

+ References

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- Definition

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+ References

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- Definition

Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 45
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446

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- Definition

Amortized cost, before allowance for credit loss, fee, and loan in process, of financing receivable. Excludes financing receivable covered under loss sharing agreement and net investment in lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-Subparagraph (b)
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- Definition

Amortized cost excluding accrued interest, after allowance for credit loss, of financing receivable. Excludes net investment in lease.

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- Definition

Amount of unamortized loan commitment, origination, and other costs (fees) and purchase premium (discount) on financing receivable recognized as adjustment to yield. Excludes financing receivable covered under loss sharing agreement.

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-SubTopic 10
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-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5074-111524

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