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Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2025
Accounting Policies [Abstract] |
Schedule of Fair Value Disclosure of Asset and Liability Not Measured at Fair Value | The fair value and its classification within the fair value hierarchy for financial assets and liabilities not reported at fair value within the consolidated balance sheets as of September 30, 2025 and December 31, 2024 are as follows:
| September 30, 2025
(in thousands) | Carrying Amount | Level 1 | Level 2 | Level 3 | Balance at Fair Value
Assets: |  |  |  |  |
Cash and cash equivalents | $ | 104,147 |  | $ | 104,147 |  | $ | — |  | $ | — |  | $ | 104,147 |
Restricted cash(1) | 30,509 |  | 30,509 |  | — |  | — |  | 30,509 |
Notes receivable, net | 184,131 |  | — |  | — |  | 184,131 |  | 184,131 |
Total assets | $ | 318,787 |  | $ | 134,656 |  | $ | — |  | $ | 184,131 |  | $ | 318,787 |
Liabilities: |  |  |  |  |
Line of credit, net | 117,312 |  | — |  | 117,312 |  | — |  | 117,312 |
Total liabilities | $ | 117,312 |  | $ | — |  | $ | 117,312 |  | $ | — |  | $ | 117,312 |
| December 31, 2024
(in thousands) | Carrying Amount | Level 1 | Level 2 | Level 3 | Balance at Fair Value
Assets: |  |  |  |  |
Cash and cash equivalents(2) | $ | 73,170 |  | $ | 73,170 |  | $ | — |  | $ | — |  | $ | 73,170 |
Restricted cash(1) | 25,125 |  | 25,125 |  | — |  | — |  | 25,125 |
Notes receivable, net | 164,562 |  | — |  | — |  | 164,562 |  | 164,562 |
Total assets | $ | 262,857 |  | $ | 98,295 |  | $ | — |  | $ | 164,562 |  | $ | 262,857 |
Liabilities: |  |  |  |  |
Line of credit, net | $ | 103,992 |  | $ | — |  | $ | 103,992 |  | $ | — |  | $ | 103,992 |
Total liabilities | $ | 103,992 |  | $ | — |  | $ | 103,992 |  | $ | — |  | $ | 103,992 |
(1)Includes both restricted cash, current and restricted cash, non-current as disclosed on the consolidated balance sheets. (2)Excludes $15 as of December 31, 2024 relating to money market securities that are reported at fair value.
Schedule of Accounting Standards Update and Change in Accounting Principle | Recently Issued Accounting Guidance, Not Yet Adopted Within Our Consolidated Financial Statements
Standard | Description | Date of Planned Adoption | Effect on Consolidated Financial Statements
ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures | This ASU requires enhanced disclosures on the income tax rate reconciliation, income taxes paid, and other income tax-related disclosures. Such disclosures include specific categories in the rate reconciliation, qualitative information about significant components of income tax, and disaggregation of income taxes paid by federal, state, and local jurisdiction. | Year ended December 31, 2025 | We do not expect the adoption of this ASU to have a material impact on our consolidated financial statements. We will include the enhanced disclosure requirements in our 2025 annual consolidated financial statements.
ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses | This ASU requires, in the notes to the consolidated financial statements, the disaggregation of certain expenses within relevant expense captions in tabular format, incremental qualitative disclosures about expenses, and the disclosure of total selling expenses. | Year ended December 31, 2027 | We do not expect the adoption of this ASU to have a material impact on our consolidated financial statements. We will include the enhanced disclosure requirements in our 2027 annual consolidated financial statements.
ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software | This ASU removes all references to prescriptive and sequential software development stages; instead entities are required to start capitalizing internal-use software and website development costs when both management has authorized and committed to funding the software project, and it is probable that the project will be completed and the software will be used to perform the function intended. | Year ended December 31, 2028 | We do not expect the adoption of this ASU to have a material impact on our consolidated financial statements.

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