v3.26.1
Segment Information
3 Months Ended
Mar. 31, 2026
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 Company's consolidated statements of operations as "net income (loss)." The measure of segment assets is reported on the Company's 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,
20262025
Asset management and corporate operating expenses$7,960 $5,909 
Commercial operating expenses1,106 1,105 
Residential operating expenses1,515 1,309 
ParkX operating expenses4,707 2,248 
Stock compensation546 251 
Depreciation and amortization72 80 
Total operating costs and expenses$15,906 $10,902