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Revenue | 6 Months Ended
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Jun. 30, 2026
Revenue from Contract with Customer [Abstract] |
Revenue | 13. Revenue The table below sets forth revenue from tenant construction projects and the associated project management income disaggregated by tenant agency for the three and six months ended June 30, 2026 and 2025 (amounts in thousands):
|  | For the three months ended June 30, |  |  | For the six months ended June 30, |
Tenant |  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Food and Drug Administration (“FDA”) |  | $ | 59 |  |  | $ | 7 |  |  | $ | 530 |  |  | $ | 62 |
Department of Veteran Affairs (“VA”) |  |  | 174 |  |  |  | 1,045 |  |  |  | 426 |  |  |  | 1,191 |
U.S. Joint Staff Command (“JSC”) |  |  | 102 |  |  |  | 91 |  |  |  | 170 |  |  |  | 405 |
Federal Bureau of Investigation (“FBI”) |  |  | 73 |  |  |  | 586 |  |  |  | 98 |  |  |  | 793 |
Internal Revenue Service (“IRS”) |  |  | — |  |  |  | 14 |  |  |  | 31 |  |  |  | 64 |
U.S. Citizenship and Immigration Services (“USCIS”) |  |  | 10 |  |  |  | 15 |  |  |  | 11 |  |  |  | 43 |
Department of Transportation (“DOT”) |  |  | 4 |  |  |  | 6 |  |  |  | 4 |  |  |  | 57 |
Department of Treasury (“TREAS”) |  |  | — |  |  |  | 25 |  |  |  | 2 |  |  |  | 25 |
The Judiciary of the U.S. Government (“JUD”) |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 38 |
U.S. Coast Guard (“USCG”) |  |  | — |  |  |  | 83 |  |  |  | — |  |  |  | 290 |
General Services Administration - Other |  |  | — |  |  |  | 108 |  |  |  | — |  |  |  | 150 |
Homeland Security Investigations (“HSI”) |  |  | — |  |  |  | 94 |  |  |  | — |  |  |  | 94 |
State of California (“CA”) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 41 |
Drug Enforcement Agency (“DEA”) |  |  | — |  |  |  | 33 |  |  |  | — |  |  |  | 33 |
|  | $ | 422 |  |  | $ | 2,107 |  |  | $ | 1,273 |  |  | $ | 3,286 |
As of June 30, 2026 and December 31, 2025, the balance in Accounts receivable related to tenant construction projects and the associated project management income was $2.6 million and $2.5 million, respectively, which is inclusive of contract assets or liabilities. The duration of the majority of tenant construction project reimbursement arrangements is less than a year and payment is typically due once a project is complete and work has been accepted by the tenant. There were no projects on-going as of June 30, 2026 with a duration of greater than one year. During the three and six months ended June 30, 2026, we recognized $0.4 million and $0.7 million, respectively, in parking garage income. During the three and six months ended June 30, 2025, we recognized $0.2 million and $0.4 million, respectively, in parking garage income. The monthly and transient daily parking revenue falls within the scope of Revenue from Contracts with Customers (“ASC 606”) and is accounted for at the point in time when control of the goods or services transfers to the customer and our performance obligation is satisfied. As of June 30, 2026 and December 31, 2025, the balance in Accounts receivable related to parking garage income was $0.1 million and $0.2 million, respectively.

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