Business Combinations / Asset Acquisitions |
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| Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combinations | Business Combinations / Asset Acquisitions Plantation Acquisition In March 2026, the Company completed the acquisition of a commercial property in Plantation, Florida, pursuant to an Agreement of Sale and Purchase dated November 18, 2025. Total consideration for the Plantation Acquisition was $5.9 million, which included the contract purchase price of $5.8 million and $61.0 thousand in direct transaction costs. The acquisition was accounted for as an asset acquisition as substantially all of the fair value of the gross assets acquired was concentrated in a single identifiable asset group comprising land and building. To fund the acquisition, the Company obtained new indebtedness (the “Plantation Mortgage Loan”) of $4.0 million (see Note 13, "Mortgage Loans," for further details). The Company allocated the total acquisition cost to the acquired assets based on their relative fair values. The allocation of the purchase price is based on a third-party valuation report which used the sales comparison approach using Level 3 measurements. These valuation techniques incorporate unobservable inputs, such as adjustments made for differences in the physical characteristics, location, and market conditions of comparable properties. The following table summarizes the consideration paid for the acquisition and the amounts of the assets acquired recognized at the acquisition date (in thousands):
Simplified Companies Acquisition In January 2024, the Company acquired substantially all the assets of the Simplified Companies in a transaction accounted for as a business combination. The acquisition resulted in the recognition of identifiable intangible assets, included developed technology and customer relationships, as well as goodwill. The total purchase consideration was comprised of cash, equity consideration, and deferred cash consideration. The equity consideration represents 5,000,000 shares of the Company’s common stock, of which 4,000,000 shares have been issued in two tranches of 2,000,000 shares each on the first and second anniversaries of the acquisition date. The deferred consideration represents the present value at the acquisition date of the cash payments of $0.9 million, payable in equal weekly installments over four years. The roll forward of the deferred consideration for the six months ended June 30, 2026 and the year ended December 31, 2025 is as follows (in thousands):
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| Asset Acquisitions | Business Combinations / Asset Acquisitions Plantation Acquisition In March 2026, the Company completed the acquisition of a commercial property in Plantation, Florida, pursuant to an Agreement of Sale and Purchase dated November 18, 2025. Total consideration for the Plantation Acquisition was $5.9 million, which included the contract purchase price of $5.8 million and $61.0 thousand in direct transaction costs. The acquisition was accounted for as an asset acquisition as substantially all of the fair value of the gross assets acquired was concentrated in a single identifiable asset group comprising land and building. To fund the acquisition, the Company obtained new indebtedness (the “Plantation Mortgage Loan”) of $4.0 million (see Note 13, "Mortgage Loans," for further details). The Company allocated the total acquisition cost to the acquired assets based on their relative fair values. The allocation of the purchase price is based on a third-party valuation report which used the sales comparison approach using Level 3 measurements. These valuation techniques incorporate unobservable inputs, such as adjustments made for differences in the physical characteristics, location, and market conditions of comparable properties. The following table summarizes the consideration paid for the acquisition and the amounts of the assets acquired recognized at the acquisition date (in thousands):
Simplified Companies Acquisition In January 2024, the Company acquired substantially all the assets of the Simplified Companies in a transaction accounted for as a business combination. The acquisition resulted in the recognition of identifiable intangible assets, included developed technology and customer relationships, as well as goodwill. The total purchase consideration was comprised of cash, equity consideration, and deferred cash consideration. The equity consideration represents 5,000,000 shares of the Company’s common stock, of which 4,000,000 shares have been issued in two tranches of 2,000,000 shares each on the first and second anniversaries of the acquisition date. The deferred consideration represents the present value at the acquisition date of the cash payments of $0.9 million, payable in equal weekly installments over four years. The roll forward of the deferred consideration for the six months ended June 30, 2026 and the year ended December 31, 2025 is as follows (in thousands):
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