v3.25.1
Segment Information
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s CODM is the Chief Executive Officer. The Company views its operations and manages its business as a single reportable operating segment. Segment revenue is primarily generated from the performance of various real estate services through the asset and property management contracts entered into with customers.
The CODM evaluates segment performance and decides how to allocate resources primarily based on the Company’s consolidated net income results, as reported in the consolidated statements of operations as "net income (loss)". The measure of segment assets is reported on the consolidated balance sheets as "total assets".
The financial information reviewed by the CODM includes the following disaggregation of operating expenses for the Company's single reportable operating segment (in thousands):
Three Months Ended March 31,
20252024
Asset management and corporate operating expenses$5,909 $5,547 
Commercial operating expenses1,105 1,042 
Residential operating expenses1,309 1,181 
ParkX operating expenses2,248 1,404 
Stock compensation251 246 
Depreciation and amortization80 68 
Total operating costs and expenses$10,902 $9,488