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-20230331.htm

Financing Receivables - Changes (Details)

v3.23.1

Financing Receivables - Changes (Details) $ in Thousands	3 Months Ended
Financing Receivables - Changes (Details) $ in Thousands	Mar. 31, 2023 USD ($) loan	Mar. 31, 2022 USD ($) loan
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 6,838
Ending Balance	2,470
Financing Receivable [Roll Forward]
Beginning Balance	48,925
Ending Balance	$ 21,299
Participation interest in loan pool	5.00%
Advances
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 6,736
Provision for credit losses(a)	(499)	$ 267
Realized losses	(3,918)	0
Ending Balance	2,319	505
Financing Receivable [Roll Forward]
Beginning Balance	45,393
Ending Balance	18,030
Total	4,445
Charged-off advances	3,918	0
Advances \| Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable [Roll Forward]
Financing Receivable , Adoption	500
Advances \| Revision of Prior Period, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance		238
Loans and Loan Participations
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	102
Provision for credit losses(a)	2,209	371
Realized losses	(2,160)	(446)
Ending Balance	151	73
Financing Receivable [Roll Forward]
Beginning Balance	3,532
Purchases, net	2,161	448
Proceeds from principal repayments, net	(237)	(307)
Accretion of loan discount	22	43
Ending Balance	3,269	4,126
Total	2,160
Charged-off advances	$ 2,160	446
Loans and Loan Participations \| Revision of Prior Period, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance		148
Financing Receivable [Roll Forward]
Beginning Balance		4,313
Residential Solar Loans
Financing Receivable [Roll Forward]
Participation interest in loan pool	5.00%
Indirect Channel Loans
Financing Receivable [Roll Forward]
Purchases, net	$ 2,500	$ 500
Total	$ 0
Number of loans purchased \| loan	80	24

- Definition

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- Definition

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- Definition

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- Definition

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- Definition

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No definition available.

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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

Amount excluding accrued interest, of allowance for credit loss on financing receivable, classified as current.

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- Definition

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- Definition

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+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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-Topic 326
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Amount, excluding accrued interest, of decrease (increase) in allowance for credit loss on financing receivable from writeoff (recovery). Excludes net investment in lease.

+ References

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-Publisher FASB
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-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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- Definition

Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. Excludes net investment in lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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- Definition

Amount excluding accrued interest, of increase in financing receivable from purchase. Excludes net investment in lease.

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-Name Accounting Standards Codification
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-Paragraph 11
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