v3.26.1
LONG-TERM INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Long-term Investment Securities
Long-term investments consisted of the following:
June 30,
2026
December 31,
2025
PropTech convertible trading debt securities$1,229 $1,229 
Long-term investment securities at fair value (1)
3,183 3,170 
PropTech investments at cost6,117 6,150 
PropTech investments under equity-method
954 825 
Total investments11,483 11,374 
Less PropTech current convertible trading debt securities (2)
1,229 — 
Less PropTech investments accounted for under the equity-method (3)
954 825 
Total long-term investments$9,300 $10,549 
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(1) These assets are measured at net asset value (“NAV”) as a practical expedient under ASC 820.
(2) These amounts are included in “Other current assets” on the condensed consolidated balance sheets.
(3) These amounts are included in “Equity-method investments” on the condensed consolidated balance sheets.
Net realized and unrealized losses on long-term investment securities were as follows:
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
Net unrealized losses on PropTech convertible trading debt securities
$— $(44)$— $(44)
Net unrealized losses on long-term investments at fair value
(17)(15)(53)(136)
Net (losses) gains on long-term investment securities without a readily determinable fair value that does not qualify for the NAV practical expedient
— — (4)78 
Net realized and unrealized losses on long-term investment securities
$(17)$(59)$(57)$(102)
Schedule of Unrealized and Realized Losses
The following is a summary of net unrealized losses on long-term investment securities at fair value during the three and six months ended June 30, 2026 and 2025, respectively:
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
Net unrealized losses on long-term investments at fair value
$(17)$(15)$(53)$(136)