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Segment Information
6 Months Ended
Jun. 30, 2025
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):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Asset management and corporate operating expenses$5,627 $5,242 $11,536 $10,789 
Commercial operating expenses1,168 929 2,273 1,971 
Residential operating expenses1,276 1,241 2,585 2,422 
ParkX operating expenses2,752 1,751 5,000 3,155 
Stock compensation288 290 539 536 
Depreciation and amortization78 73 158 141 
Total operating costs and expenses$11,189 $9,526 $22,091 $19,014