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Revenue and Contract Balances (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Revenue by type for the years ended December 31, 2025, 2024, and 2023, was as follows (in thousands):
202520242023
Revenues:
Commercial Real Estate$202,861 $197,365 $193,971 
Land Operations:
Development sales revenue$— $18,328 $— 
Unimproved/other property sales revenue3,362 20,265 12,325 
Other operating revenue450 683 2,547 
Land Operations$3,812 $39,276 $14,872 
Total revenues$206,673 $236,641 $208,843 
Schedule of Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers as of December 31, 2025 and 2024 (in thousands):
20252024
Accounts receivable$6,320 $5,398 
Allowances (credit losses and doubtful accounts)(1,219)(1,701)
Accounts receivable, net of allowance for credit losses and allowance for doubtful accounts$5,101 $3,697 
Variable consideration1
$— $62,000 
Prepaid rent7,182 6,077 
Other deferred revenue5,174 4,385 
Deferred revenue$12,356 $72,462 
1 Variable consideration deferred as of December 31, 2024, related to amounts received in the sale of agricultural land on Maui in 2018 that, under revenue recognition guidance, could not be included in the transaction price.