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Revenue (Tables) | 12 Months Ended
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Dec. 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):
|  |  |  | Year Ended December 31,
|  |  |  |  |  | 2024 |  | 2023
| Revenue by Line of Business |  |  |  |  |  |  |
| Asset management |  |  |  |  | $ | 31,497 |  |  | $ | 29,278 |
| Property management |  |  |  |  | 11,612 |  | 10,604
| Parking management |  |  |  |  | 8,185 |  | 4,839
| Total revenue |  |  |  |  | $ | 51,294 |  |  | $ | 44,721 |
|  |  |  | Year Ended December 31,
|  |  |  |  |  | 2024 |  | 2023
| Revenue by Customer Type |  |  |  |  |  |  |
| Related party |  |  |  |  | $ | 48,278 |  |  | $ | 43,568 |
| Commercial |  |  |  |  | 3,016 |  | 1,153
| Total revenue |  |  |  |  | $ | 51,294 |  |  | $ | 44,721 |
|  |  |  | Year Ended December 31,
|  |  |  |  |  | 2024 |  | 2023
| Revenue by Timing |  |  |  |  |  |  |
| Recurring/over time |  |  |  |  | $ | 43,666 |  |  | $ | 37,151 |
| Point-in-time |  |  |  |  | 7,628 |  | 7,570
| Total revenue |  |  |  |  | $ | 51,294 |  |  | $ | 44,721 |
|  |  |  | Year Ended December 31, |
|  |  |  |  |  | 2024 |  | 2023 |
| Revenue by Contract Fee Type 1 |  |  |  |  |  |  |  |
| Cost Recovery 2 |  |  |  |  | $ | 33,687 |  |  | $ | 32,261 |  |
| Variable 3 |  |  |  |  | 14,001 |  | 10,019 |
| Fixed 4 |  |  |  |  | 3,606 |  | 2,441 |
| Total revenue |  |  |  |  | $ | 51,294 |  |  | $ | 44,721 |  |
1 | Certain contracts contain multiple revenue streams that lend to classification in more than one category.
2 | Includes cost plus revenues tied to asset management services under the 2022 AMA and reimbursable expenses.
3 | Includes fixed rate contract amounts applied to various variable metrics to determine the amount of revenue earned.
4 | Includes fixed fee arrangements where the dollar value of the revenue earned remains consistent over time.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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