v3.26.1
Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Carried at Fair Value Measured on Recurring Basis as of June 30, 2026 or December 31, 2025 according to the valuation technique utilized to determine their fair values.
Fair Value Measurements at June 30, 2026
(in thousands)Carrying ValueLevel 1Level 2Level 3
Assets:
Receivable due from unconsolidated affiliate$39,000 $— $— $39,000 
Total recorded at fair value$39,000 $— $— $39,000 

Fair Value Measurements at December 31, 2025
(in thousands)Carrying ValueLevel 1Level 2Level 3
Assets:
Receivable due from unconsolidated affiliate$97,000 $— $— $97,000 
Total recorded at fair value$97,000 $— $— $97,000 
The Company had no assets or liabilities Level 3 fair value measurements during the six months ended June 30, 2025. A reconciliation of the change in the carrying value of the Company's Level 3 fair value measurement during the six months ended June 30, 2026 is as follows:
Six months ended June 30, 2026
Balance at January 1st$97,000 
Change in fair value of receivable due from unconsolidated affiliate(58,000)
Balance at June 30th$39,000