Investment in Unconsolidated Joint Ventures |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity Method Investments and Joint Ventures [Abstract] | |
| Investment in Unconsolidated Joint Ventures | Investment in Unconsolidated Joint Ventures We had a 20% ownership interest in Gruppa Florentina, LLC ("Gruppa" or "Milano"), which operates several pizza parlors in Central and Northern California. Milano also has 23 franchised locations. On December 5, 2025, we sold our interest in Gruppa for $12,685, which resulted in gain on sale of $2,318. The sales price was funded by a note receivable (See Note 8 - Notes Receivable) that is collateralized by the equity interest in Milano that we sold in 2025. Concurrent with the sale of Milano, we invested $1,270 for a 20% ownership interest in Avanti Bene, Inc. ("Avanti"), a newly formed joint venture that invests in various emerging restaurant concepts. We account for our investment in Avanti under the equity method of accounting.
|