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Investment in SLM California (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of associates [abstract]  
Disclosure of changes in carrying amount of associated entity
The following table summarizes the changes in the carrying amount of the Company's investment in SLM California:
For the year ended December 31,
 2024 2023 
Opening Balance$58,827 $58,189 
Capital Investment4,742 3,517 
Company's share of net income of SLM California4,329 4,134 
Distributions(6,772)(7,013)
Ending Balance$61,126 $58,827 
Disclosure of summarized financial information for investment in associated entity
Summarized financial information for the Company's investment in SLM California and reflecting adjustments made by the Company, including adjustments made at the time of acquisition is as follows:
For the year ended December 31,
2024 2023 
Royalty Revenue$21,678 $26,024 
Net income10,131 10,338 
The Company's ownership %42.7 40.0 
Company's share of net income of SLM California$4,329 $4,134 
During the year ended December 31, 2024, the Company’s share of the royalty revenue in SLM California totaled $9,263 (2023 – $10,407).
For the year ended December 31,
 2024 2023 
Total assets$10,994 $11,252 
Total liabilities (5,870)(6,709)
Net assets 5,124 4,543 
The Company's ownership %42.7 40.0 
Acquisition fair value and other adjustments58,937 57,010 
Carrying amount of investment in SLM California$61,126 $58,827