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Segment Information
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s CODM is the Chief Executive Officer. The Company views its operations and manages its business as a single reportable operating segment. Segment revenue is primarily generated from the performance of various real estate services through the asset and property management contracts entered into with customers.
The CODM evaluates segment performance and decides how to allocate resources primarily based on the Company’s consolidated net income results, as reported in the consolidated statements of operations as "net income (loss)". The measure of segment assets is reported on the consolidated balance sheets as "total assets".
The financial information reviewed by the CODM includes the following disaggregation of operating expenses for the Company's single reportable operating segment (in thousands):
Year Ended December 31,
20242023
Asset management and corporate operating expenses$23,807 $21,618 
Commercial operating expenses4,042 4,086 
Residential operating expenses4,835 4,492 
ParkX operating expenses7,076 4,181 
Stock compensation945 968 
Depreciation and amortization302 212 
Total operating costs and expenses$41,007 $35,557