v3.26.1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Revenues from Contracts with Customers Disaggregated by Categories
The following tables summarize the Company’s revenue by line of business, customer type, and contract fee type (in thousands):
Three Months Ended March 31,
20262025
Revenue by Line of Business
Asset management$8,756 $7,127 
Property management (1)
3,424 2,958 
ParkX management5,266 2,554 
Total revenue$17,446 $12,639 
(1)
CHCI Commercial and CHCI Residential
Three Months Ended March 31,
20262025
Revenue by Customer Type
Related party$15,448 $11,452 
Third party1,998 1,187 
Total revenue$17,446 $12,639 
Three Months Ended March 31,
20262025
Revenue by Timing
Recurring/over time$15,737 $11,559 
Point-in-time1,709 1,080 
Total revenue$17,446 $12,639 
Three Months Ended March 31,
20262025
Revenue by Contract Fee Type (1)
Cost recovery(2)
$11,083 $8,624 
Variable(3)
3,376 2,651 
Fixed fee(4)
2,987 1,364 
Total revenue$17,446 $12,639 
(1)
Certain contracts contain multiple revenue streams that lend to classification in more than one category.
(2)
Includes cost plus revenues tied to asset management services under the 2022 AMA and revenue earned from reimbursable expenses.
(3)
Includes fixed rate contract amounts applied to various variable metrics to determine the amount of revenue earned.
(4)
Includes fixed fee arrangements where the dollar value of the revenue earned remains consistent over time.