XML 19 R3.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 135,657 $ 119,808
Investment securities at fair value 9,804 0
Receivables 19,598 21,809
Agent receivables, net 7,871 11,721
Income taxes receivables, net 0 5,292
Restricted cash and cash equivalents 4,081 7,171
Other current assets 19,054 15,474
Total current assets 196,065 181,275
Property and equipment, net 37,700 39,718
Operating lease right-of-use assets 100,491 108,172
Long-term investments (includes $3,127 and $3,983 at fair value) 9,527 12,871
Contract assets, net 37,123 36,040
Goodwill 32,230 32,230
Other intangible assets, net 72,307 72,964
Deferred income taxes, net 0 977
Equity-method investments 2,020 1,960
Other assets 6,425 7,212
Total assets 493,888 493,419
Current liabilities:    
Current operating lease liabilities 21,672 22,235
Accounts payable 3,056 6,136
Commissions payable 20,452 24,561
Accrued salaries and benefits 8,296 12,912
Contract liabilities 18,225 11,234
Other current liabilities 20,456 20,171
Total current liabilities 92,157 97,249
Notes payable and other obligations less current portion 32,670 0
Fair value of derivative embedded within convertible debt 30,253 0
Non-current operating lease liabilities 101,935 110,705
Contract liabilities 63,765 51,178
Antitrust litigation settlement 10,000 0
Other liabilities 683 133
Total liabilities 331,463 259,265
Stockholders' equity:    
Preferred stock, par value $0.01 per share, 10,000,000 shares authorized 0 0
Common stock, par value $0.01 per share, 250,000,000 shares authorized, 88,853,150 and 87,925,412 shares issued and outstanding 889 879
Additional paid-in capital 285,167 279,904
Accumulated deficit (123,868) (47,552)
Total Douglas Elliman Inc. stockholders' equity 162,188 233,231
Non-controlling interest 237 923
Total stockholders' equity 162,425 234,154
Total liabilities and stockholders' equity $ 493,888 $ 493,419