v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s CODM is the Chief Executive Officer. The Company views its operations and manages its business as a single reportable operating segment. Segment revenue is primarily generated from the performance of various real estate services through the asset and property management contracts entered into with customers. The measure of segment assets is reported on the Company's consolidated balance sheets as "total assets."
The CODM evaluates segment performance based on the Company’s consolidated net income results, which are reported in the Company's consolidated statements of operations as "net income (loss). Consolidated net income results are primarily used to monitor budget-to-actual results, assess profitability to decide how to best re-invest profits (core operations, investments, etc.), and determine employee compensation during the Company's annual performance review cycle.
The financial information reviewed by the CODM includes the following disaggregation of operating expenses for the Company's single reportable operating segment (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Asset management and corporate operating expenses$6,947 $5,627 $14,907 $11,536 
Commercial operating expenses1,364 1,168 2,470 2,273 
Residential operating expenses1,673 1,276 3,188 2,585 
ParkX operating expenses5,394 2,752 10,101 5,000 
Stock compensation484 288 1,030 539 
Depreciation and amortization73 78 145 158 
Total operating costs and expenses$15,935 $11,189 $31,841 $22,091