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LONG-TERM INVESTMENTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract] |
Schedule of Long-term Investment Securities | Long-term investments consisted of the following:
| December 31, 2024 |  | December 31, 2023
PropTech convertible trading debt securities | $ | 1,254 |  |  | $ | 1,162 |
Long-term investment securities at fair value (1) | 3,127 |  |  | 2,821 |
PropTech investments at cost | 6,400 |  |  | 8,888 |
PropTech investments under equity method | 619 |  |  | 570 |
Total investments | 11,400 |  |  | 13,441 |
Less PropTech current convertible trading debt securities (2) | 1,254 |  |  | — |
Less PropTech investments accounted for under the equity method (3) | 619 |  |  | 570 |
Total long-term investments | $ | 9,527 |  |  | $ | 12,871 |
_____________________________ (1) These assets are measured at net asset value (“NAV”) as a practical expedient under ASC 820. (2) These amounts are included in “Other current assets” on the consolidated balance sheets. (3) These amounts are included in “Equity-method investments” on the consolidated balance sheets. Net gains recognized on long-term investment securities were as follows:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Net realized gains recognized on PropTech convertible trading debt securities | $ | 92 |  |  | $ | 28 |  |  | $ | 2,184 |
Net unrealized gains (losses) recognized on long-term investment securities at fair value | 68 |  |  | (110) |  |  | 655 |
Net gains recognized on long-term investment securities without a readily determinable fair value that does not qualify for the NAV practical expedient | 5,129 |  |  | 715 |  |  | — |
Net realized and unrealized gains recognized on long-term investment securities | $ | 5,289 |  |  | $ | 633 |  |  | $ | 2,839 |
Summary of Unrealized and Realized Net Gains | The following is a summary of unrealized (losses) gains recognized in net income on long-term investment securities at fair value during the years ended December 31, 2024, 2023 and 2022, respectively:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Net unrealized (losses) gains recognized on long-term investment securities | $ | 68 |  |  | $ | (110) |  |  | $ | 655 |

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- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
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