v3.26.1
LONG-TERM INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Long-term Investment Securities
Long-term investments consisted of the following:
March 31,
2026
December 31,
2025
PropTech convertible trading debt securities$1,229 $1,229 
Long-term investment securities at fair value (1)
3,184 3,170 
PropTech investments at cost6,118 6,150 
PropTech investments under equity-method
955 825 
Total investments11,486 11,374 
Less PropTech current convertible trading debt securities (2)
1,229 — 
Less PropTech investments accounted for under the equity-method (3)
955 825 
Total long-term investments$9,302 $10,549 
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(1) These assets are measured at net asset value (“NAV”) as a practical expedient under ASC 820.
(2) These amounts are included in “Other current assets” on the condensed consolidated balance sheets.
(3) These amounts are included in “Equity-method investments” on the condensed consolidated balance sheets.
Net realized and unrealized (losses) gains on long-term investment securities were as follows:
Three Months Ended
March 31,
20262025
Net unrealized losses on long-term investments at fair value
(36)(121)
Net (losses) gains on long-term investment securities without a readily determinable fair value that does not qualify for the NAV practical expedient
(4)78 
Net realized and unrealized losses on long-term investment securities
$(40)$(43)
Schedule of Unrealized and Realized Losses
The following is a summary of net unrealized losses on long-term investment securities at fair value during the three months ended March 31, 2026 and 2025, respectively:
Three Months Ended
March 31,
20262025
Net unrealized losses on long-term investments at fair value
$(36)$(121)