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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2025
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 June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
| Revenue by Line of Business |  |  |  |  |  |  |
| Asset management | $ | 6,869 |  |  | $ | 5,991 |  |  | $ | 13,996 |  |  | $ | 12,246 |
| Property management | 2,903 |  |  | 2,703 |  |  | 5,861 |  |  | 5,448 |
| Parking management | 3,200 |  |  | 2,059 |  |  | 5,754 |  |  | 3,697 |
| Total revenue | $ | 12,972 |  |  | $ | 10,753 |  |  | $ | 25,611 |  |  | $ | 21,391 |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
| Revenue by Customer Type |  |  |  |  |  |  |
| Related party | $ | 11,260 |  |  | $ | 9,980 |  |  | $ | 22,712 |  |  | $ | 20,154 |
| Third party | 1,712 |  |  | 773 |  |  | 2,899 |  |  | 1,237 |
| Total revenue | $ | 12,972 |  |  | $ | 10,753 |  |  | $ | 25,611 |  |  | $ | 21,391 |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
| Revenue by Timing |  |  |  |  |  |  |
| Recurring/over time | $ | 11,357 |  |  | $ | 10,127 |  |  | $ | 22,916 |  |  | $ | 20,300 |
| Point-in-time | 1,615 |  |  | 626 |  |  | 2,695 |  |  | 1,091 |
| Total revenue | $ | 12,972 |  |  | $ | 10,753 |  |  | $ | 25,611 |  |  | $ | 21,391 |
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2025 |  | 2024 |  | 2025 |  | 2024 |
| Revenue by Contract Fee Type (1) |  |  |  |  |  |  |  |
| Cost recovery(2) | $ | 8,369 |  |  | $ | 7,846 |  |  | $ | 16,993 |  |  | $ | 16,100 |  |
| Variable(3) | 2,989 |  |  | 1,907 |  |  | 5,640 |  |  | 3,571 |  |
| Fixed fee(4) | 1,614 |  |  | 1,000 |  |  | 2,978 |  |  | 1,720 |  |
| Total revenue | $ | 12,972 |  |  | $ | 10,753 |  |  | $ | 25,611 |  |  | $ | 21,391 |  |
(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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