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LONG-TERM INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Long-term Investment Securities
Long-term investments consisted of the following:
December 31, 2024December 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 cost6,400 8,888 
PropTech investments under equity method619 570 
Total investments11,400 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 
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(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,
202420232022
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 value68 (110)655 
Net gains recognized on long-term investment securities without a readily determinable fair value that does not qualify for the NAV practical expedient5,129 715 — 
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,
202420232022
Net unrealized (losses) gains recognized on long-term investment securities$68 $(110)$655