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Revenue (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Revenues from Contracts with Customers Disaggregated by Categories
The following tables summarize the Company’s revenue by line of business, customer type, and contract fee type (in thousands):
Three Months Ended March 31,
20242023
Revenue by Line of Business
Asset management$6,255 $6,529 
Property management2,745 2,606 
Parking management1,638 1,140 
Total revenue$10,638 $10,275 
Three Months Ended March 31,
20242023
Revenue by Customer Type
Related party$10,174 $9,964 
Commercial464 311 
Total revenue$10,638 $10,275 
Three Months Ended March 31,
20242023
Revenue by Contract Fee Type (1)
Fixed-price$1,587 $1,745 
Cost-plus5,332 5,514 
Variable3,719 3,016 
Total revenue$10,638 $10,275 
(1)
Certain contracts contain multiple revenue streams with characteristics that lend to classification in more than one category