XML 72 R57.htm IDEA: XBRL DOCUMENT
v3.24.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Selected Results of Operations and Selected Asset Information | Selected consolidated results of operations for the three and six months ended June 30, 2024 and 2023, and selected asset information as of June 30, 2024 and December 31, 2023, regarding our operating segments are as follows (in thousands):
|  | Real Estate Segment |  | SUMMIT Segment |  | Debt and Preferred Equity Segment |  | Total Company
Total revenues |  |  |  |  |  |  |  |
Three months ended: |  |  |  |  |  |  |  |
June 30, 2024 |  | $ | 184,027 |  |  | $ | 32,602 |  |  | $ | 6,191 |  |  | $ | 222,820 |
June 30, 2023 |  | $ | 208,753 |  |  | $ | 28,180 |  |  | $ | 9,103 |  |  | $ | 246,036 |
Six months ended: |  |  |  |  |  |  |  |
June 30, 2024 |  | $ | 338,902 |  |  | $ | 58,206 |  |  | $ | 13,594 |  |  | $ | 410,702 |
June 30, 2023 |  | $ | 425,689 |  |  | $ | 47,951 |  |  | $ | 18,160 |  |  | $ | 491,800 |
Net income (loss) |  |  |  |  |  |  |  |
Three months ended: |  |  |  |  |  |  |  |
June 30, 2024 |  | $ | (6,146) |  |  | $ | 7,111 |  |  | $ | 994 |  |  | $ | 1,959 |
June 30, 2023 |  | $ | (381,636) |  |  | $ | 3,214 |  |  | $ | (806) |  |  | $ | (379,228) |
Six months ended: |  |  |  |  |  |  |  |
June 30, 2024 |  | $ | 6,581 |  |  | $ | 11,564 |  |  | $ | 2,203 |  |  | $ | 20,348 |
June 30, 2023 |  | $ | (424,519) |  |  | $ | 796 |  |  | $ | 6,138 |  |  | $ | (417,585) |
Total assets |  |  |  |  |  |  |  |
As of: |  |  |  |  |  |  |  |
June 30, 2024 |  | $ | 8,781,809 |  |  | $ | 471,115 |  |  | $ | 295,728 |  |  | $ | 9,548,652 |
December 31, 2023 |  | $ | 8,716,738 |  |  | $ | 464,799 |  |  | $ | 349,644 |  |  | $ | 9,531,181 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration