v3.26.1
Construction Contract and Other Service Revenues (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Construction Contract and Other Service Revenues by Compensation Arrangement
We disaggregate in the table below our construction contract and other service revenues by compensation arrangement as we believe it best depicts the nature, timing, and uncertainty of our revenue (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2026202520262025
Construction contract revenue
Cost-plus fee$2,339 $1,836 $3,948 $2,907 
Firm fixed price2,263 5,536 4,005 11,813 
Guaranteed maximum price1,884 4,824 4,222 7,454 
Other280 262 632 543 
$6,766 $12,458 $12,807 $22,717 
Schedule of Accounts Receivable, Contract Assets and Contract Liabilities The beginning and ending balances of accounts receivable related to our construction contracts were as follows (in thousands):
For the Six Months Ended June 30,
20262025
Beginning balance$4,036 $8,828 
Ending balance$2,571 $4,858 
The beginning and ending balances of our contract assets were as follows (in thousands):
For the Six Months Ended June 30,
20262025
Beginning balance$17,925 $17,050 
Ending balance$16,354 $13,016 
Changes in contract liabilities were as follows (in thousands):
For the Six Months Ended June 30,
20262025
Beginning balance$2,183 $2,016 
Ending balance$1,751 $2,448 
Portion of beginning balance recognized in revenue during:
Three months ended June 30,
$309 $85 
Six months ended June 30,
$545 $185