XML 35 R22.htm IDEA: XBRL DOCUMENT v3.25.3
RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2025
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

16. RELATED PARTY TRANSACTIONS

Bell Mobile Homes (“Bell”), a retailer owned by one of the Company’s significant stockholders, purchases manufactured homes from the Company. Accounts receivable balances due from Bell were $269 and $115 as of September 30, 2025 and December 31, 2024, respectively. Accounts payable balances due to Bell were $53 and $58 as of September 30, 2025 and December 31, 2024, respectively. Home sales to Bell were $1,168 and $1,700 for the three months ended September 30, 2025 and 2024, respectively. Home sales to Bell were $2,715 and $4,131 for the nine months ended September 30, 2025 and 2024, respectively.

Shipley Bros., Ltd. and Crazy Red’s Mobile Homes (together, “Shipley”), retailers owned by one of the Company’s significant shareholders, purchase manufactured homes from the Company. Accounts receivable balances due from Shipley were $207 and $78 as of September 30, 2025 and December 31, 2024, respectively. Accounts payable balances due to Shipley were $12 and $22 as of September 30, 2025 and December 31, 2024, respectively. Home sales to Shipley were $324 and $452 for the three months ended September 30, 2025 and 2024, respectively. Home sales to Shipley were $1,521 and $2,113 for the nine months ended September 30, 2025 and 2024, respectively.