v3.26.1
Revenue (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Summary of Revenues from Contracts with Customers Disaggregated by Categories
The following tables summarize the Company’s revenue by line of business, customer type, and contract fee type (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue by Line of Business
Asset management$12,481 $6,869 $21,237 $13,996 
Property management (1)
4,057 2,903 7,481 5,861 
ParkX management6,043 3,200 11,309 5,754 
Total revenue$22,581 $12,972 $40,027 $25,611 
(1)
CHCI Commercial and CHCI Residential
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue by Customer Type
Related party$20,108 $11,260 $35,556 $22,712 
Third party2,473 1,712 4,471 2,899 
Total revenue$22,581 $12,972 $40,027 $25,611 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue by Timing
Recurring/over time$15,648 $11,357 $31,385 $22,916 
Point-in-time6,933 1,615 8,642 2,695 
Total revenue$22,581 $12,972 $40,027 $25,611 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue by Contract Fee Type (1)
Cost recovery(2)
$10,570 $8,369 $21,653 $16,993 
Variable(3)
8,711 2,989 12,087 5,640 
Fixed fee(4)
3,300 1,614 6,287 2,978 
Total revenue$22,581 $12,972 $40,027 $25,611 
(1)
Certain contracts contain multiple revenue streams that lend to classification in more than one category.
(2)
Includes cost plus revenues tied to asset management services under the 2022 AMA and revenue earned from reimbursable expenses.
(3)
Includes fixed rate contract amounts applied to various variable metrics to determine the amount of revenue earned.
(4)
Includes fixed fee arrangements where the dollar value of the revenue earned remains consistent over time.