v3.25.4
Agreements and Transactions with Related Parties (Tables)
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following tables present a summary of revenue earned and reimbursable costs received/accrued from NLOP and CESH for the periods indicated, included in the consolidated financial statements (in thousands):
 Years Ended December 31,
 202520242023
Asset management revenue (a) (b)
$4,957 $6,597 $2,184 
Administrative reimbursements (a) (c)
4,000 4,000 667 
Reimbursable costs from affiliates (a) (c)
284 224 368 
$9,241 $10,821 $3,219 
Years Ended December 31,
202520242023
NLOP$8,578 $10,243 $1,912 
CESH663 578 1,307 
 $9,241 $10,821 $3,219 
__________
(a)Amounts represent revenues from contracts under ASC 606.
(b)Included within Asset management revenue in the consolidated statements of income.
(c)Included within Other advisory income and reimbursements in the consolidated statements of income.
Schedule of Balances Due to and from Related Party
The following table presents a summary of amounts due from affiliates, which are included within Other assets, net in the consolidated financial statements (in thousands):
December 31,
20252024
Accounts receivable$535 $462 
Asset management fees receivable391 554 
Reimbursable costs70 73 
$996 $1,089