Sunlight Financial Holdings Inc.

2023 Q2 Form 10-Q Financial Statement

#000182185023000064 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q2

Balance Sheet

Concept 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.15M
YoY Change 16.3%
Cash & Equivalents $80.15M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $80.15M
YoY Change 16.3%
LONG-TERM ASSETS
Property, Plant & Equipment $1.277M
YoY Change -24.03%
Goodwill
YoY Change
Intangibles $304.6M
YoY Change -9.17%
Long-Term Investments
YoY Change
Other Assets $6.227M
YoY Change 293.86%
Total Long-Term Assets $354.6M
YoY Change -60.7%
TOTAL ASSETS
Total Short-Term Assets $80.15M
Total Long-Term Assets $354.6M
Total Assets $434.8M
YoY Change -55.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.47M
YoY Change -10.03%
Accrued Expenses $7.600M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.07M
YoY Change 25.37%
LONG-TERM LIABILITIES
Long-Term Debt $52.27M
YoY Change 153.56%
Other Long-Term Liabilities $100.6M
YoY Change 173.01%
Total Long-Term Liabilities $152.9M
YoY Change 166.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.07M
Total Long-Term Liabilities $152.9M
Total Liabilities $175.8M
YoY Change 63.21%
SHAREHOLDERS EQUITY
Retained Earnings -$578.9M
YoY Change 195.92%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $172.8M
YoY Change
Total Liabilities & Shareholders Equity $434.8M
YoY Change -55.24%

Cashflow Statement

Concept 2023 Q2

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Registrant Name
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Sunlight Financial Holdings Inc.
dei Entity Incorporation State Country Code
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2088000 usd
sunl Increase Decrease In Funding Commitment Liability
IncreaseDecreaseInFundingCommitmentLiability
17781000 usd
sunl Increase Decrease In Funding Commitment Liability
IncreaseDecreaseInFundingCommitmentLiability
-6182000 usd
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
68021000 usd
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-1977000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-496000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1946000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
56151000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18000000 usd
us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
10007000 usd
us-gaap Payments To Acquire Receivables
PaymentsToAcquireReceivables
1355000 usd
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
0 usd
us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
83000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1584000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1265000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11198000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2117000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
17000000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
20612000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
16000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
103000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2004000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
0 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1182000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6738000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10366000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3289000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
34587000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23406000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51787000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93900000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86374000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70494000 usd
us-gaap Interest Paid Net
InterestPaidNet
384000 usd
us-gaap Interest Paid Net
InterestPaidNet
559000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3360000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
0 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
1330000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
59987000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
2658000 usd
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
502000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
400000 usd
sunl Warrant Issuance
WarrantIssuance
7656000 usd
sunl Warrant Issuance
WarrantIssuance
0 usd
sunl Stockholders Equity Reclassification Of Warrants Liability To Equity
StockholdersEquityReclassificationOfWarrantsLiabilityToEquity
682000 usd
sunl Stockholders Equity Reclassification Of Warrants Liability To Equity
StockholdersEquityReclassificationOfWarrantsLiabilityToEquity
0 usd
sunl Deferred Financing Costs Incurred But Not Yet Paid
DeferredFinancingCostsIncurredButNotYetPaid
2658000 usd
sunl Deferred Financing Costs Incurred But Not Yet Paid
DeferredFinancingCostsIncurredButNotYetPaid
0 usd
sunl Maximum Amount Of Indirect Channel Loans Held By Related Party
MaximumAmountOfIndirectChannelLoansHeldByRelatedParty
550000000 usd
sunl Minimum Amount Of Indirect Channel Loans Held By Related Party
MinimumAmountOfIndirectChannelLoansHeldByRelatedParty
20000000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior period amounts have been reclassified to conform to the current period's presentation. In particular, transactions with Sunlight’s Bank Partner, which Sunlight considers an affiliate upon closing of Bank Partner Agreements on April 25, 2023 (Note 9), were reclassified during periods Sunlight did not consider its Bank Partner an affiliate for comparative purposes.
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
369063000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
66123000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49143000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
In the normal course of business, Sunlight primarily encounters credit risk, which is the risk of default on Sunlight’s investments that results from a borrower’s or counterparty’s inability or unwillingness to make contractually required payments, and interest rate risk, which impacts the value of Indirect Channel Loans for which Sunlight facilitates sales.
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Management makes subjective estimates of: pending loan originations and sales, which significantly impacts revenues; determinations of fair value, including goodwill, derivatives, and servicing rights; estimates regarding loan performance, which impacts impairments and allowances for loan losses; project installations, which impacts guarantee obligations; and the useful lives of intangible assets. Actual results may differ from those estimates.
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
304584000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
319920000 usd
CY2023Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
500000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80147000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47515000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6227000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4272000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86374000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51787000 usd
CY2023Q2 us-gaap Deposit Assets
DepositAssets
28100000 usd
CY2022Q4 us-gaap Deposit Assets
DepositAssets
3500000 usd
CY2023Q2 sunl Financing Receivables Nonaccrual Loans Threshold For Impairment Evaluation
FinancingReceivablesNonaccrualLoansThresholdForImpairmentEvaluation
50000 usd
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
370707000 usd
CY2022Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
200000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
800000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
300000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8600000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31900000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17364000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
34552000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
33762000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
32045000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
31199000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
155662000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
304584000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3118000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3178000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1841000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1689000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1277000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1489000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
100000 usd
CY2022Q2 us-gaap Depreciation
Depreciation
100000 usd
us-gaap Depreciation
Depreciation
200000 usd
us-gaap Depreciation
Depreciation
200000 usd
CY2023Q2 sunl Funding Commitment Liability
FundingCommitmentLiability
38200000 usd
CY2022Q4 sunl Funding Commitment Liability
FundingCommitmentLiability
20400000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
-29627000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29590000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
-9162000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
57821000 usd
CY2023Q2 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
100000 usd
CY2022Q2 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
2100000 usd
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
200000 usd
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
4000000 usd
CY2023Q2 us-gaap Dividends
Dividends
0 usd
us-gaap Dividends
Dividends
0 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1300000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2700000 usd
CY2023Q2 us-gaap Dividends
Dividends
0 usd
us-gaap Dividends
Dividends
0 usd
CY2023Q2 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
11636000 usd
CY2023Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-269000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
1882000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
9485000 usd
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
56073000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-310000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
6838000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
48925000 usd
CY2023Q2 sunl Advances Receivable Number Of Customers Not Individually Disclosed
AdvancesReceivableNumberOfCustomersNotIndividuallyDisclosed
135 customer
CY2022Q4 sunl Advances Receivable Number Of Customers Not Individually Disclosed
AdvancesReceivableNumberOfCustomersNotIndividuallyDisclosed
378 customer
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
500000 usd
CY2023Q2 sunl Financing Receivable Participation Interest In Loan Pool
FinancingReceivableParticipationInterestInLoanPool
0.050
CY2023Q2 sunl Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
3276 loan
CY2022Q4 sunl Financing Receivable Number Of Loans
FinancingReceivableNumberOfLoans
3435 loan
CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
0 usd
CY2023Q2 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
2 derivative
CY2020Q4 sunl Stockholders Equity Number Of Shares In Each Unit
StockholdersEquityNumberOfSharesInEachUnit
1 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
9900000 shares
sunl Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
3 classofcommonstock
sunl Number Of Votes On Each Share Of Common Stock
NumberOfVotesOnEachShareOfCommonStock
1 vote
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
35000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
35000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q3 sunl Stockholders Equity Reclassification Of Warrants Liability To Equity
StockholdersEquityReclassificationOfWarrantsLiabilityToEquity
2500000 usd
CY2021Q3 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2300000 usd
CY2021Q3 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
635641 shares
sunl Class Of Warrant Or Right Redemption Fair Market Value Period Following Notice Of Redemption
ClassOfWarrantOrRightRedemptionFairMarketValuePeriodFollowingNoticeOfRedemption
P10D
sunl Class Of Warrant Or Right Redemption Maximum Share Issuance Ratio
ClassOfWarrantOrRightRedemptionMaximumShareIssuanceRatio
0.361
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2022Q2 sunl Stock Repurchase Program Minimum Number Of Shares Required To Be Repurchased
StockRepurchaseProgramMinimumNumberOfSharesRequiredToBeRepurchased
0 shares
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-28487000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1543000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-40349000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-7089000 usd
CY2023Q2 sunl Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Increase Decrease In Parent Equity For Delivery Of Units
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIncreaseDecreaseInParentEquityForDeliveryOfUnits
1222000 usd
CY2022Q2 sunl Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Increase Decrease In Parent Equity For Delivery Of Units
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIncreaseDecreaseInParentEquityForDeliveryOfUnits
-1114000 usd
sunl Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Increase Decrease In Parent Equity For Delivery Of Units
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIncreaseDecreaseInParentEquityForDeliveryOfUnits
-6266000 usd
sunl Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Increase Decrease In Parent Equity For Delivery Of Units
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIncreaseDecreaseInParentEquityForDeliveryOfUnits
-1508000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
0 usd
CY2022Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
0 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
6622000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
0 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
1222000 usd
CY2022Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
-1114000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
356000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
-1508000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-54657000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
4116000 usd
us-gaap Net Income Loss
NetIncomeLoss
-77604000 usd
us-gaap Net Income Loss
NetIncomeLoss
-9858000 usd
CY2023Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
-53435000 usd
CY2022Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
3002000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
-77248000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
-11366000 usd
CY2023Q2 sunl Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Units
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedUnits
4137447 shares
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
10637000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-54547000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4232000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-77358000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9483000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95751483 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84635413 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
90367223 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84717117 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.57
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.86
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-83034000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4232000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-117707000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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sunl Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Realized Gain Loss Included In Earnings
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CY2022Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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us-gaap Income Tax Expense Benefit
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sunl Effective Income Tax Rate Reconciliation Federal Tax True Up
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CY2023Q2 sunl Lessee Operating Lease Liability Payments Due After Year Four
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CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
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sunl Operating Leases Expenses Not Yet Paid
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100000 usd

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