XML 47 R23.htm IDEA: XBRL DOCUMENT v3.25.1
Summary of Significant Accounting Policies SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Cost of Sales A summary of Stratus’ cost of sales follows (in thousands):
 Years Ended December 31,
 20242023
Cost of developed property sales$15,812 $2,159 
Cost of undeveloped property sales8,082 — 
Leasing operations7,470 5,177 
Project expenses and allocation of overhead costs (see below)5,644 6,718 
Depreciation and amortization5,563 4,257 
Other, net441 738 
Total cost of sales$43,012 $19,049 
Schedule of Earnings Per Share, Basic and Diluted A reconciliation of net income (loss) and weighted-average shares of common stock outstanding for purposes of calculating diluted net income (loss) per share (in thousands, except per share amounts) follows:
Years Ended December 31,
20242023
Net loss and total comprehensive loss$(1,908)$(16,493)
Total comprehensive loss attributable to noncontrolling interests3,864 1,686 
Net income (loss) and total comprehensive income (loss) attributable to common stockholders$1,956 $(14,807)
Basic weighted-average shares of common stock outstanding8,059 7,996 
Add shares issuable upon vesting of dilutive restricted stock units (RSUs) a
130 — 
Diluted weighted-average shares of common stock outstanding8,189 7,996 
Basic net income (loss) per share attributable to common stockholders$0.24 $(1.85)
Diluted net income (loss) per share attributable to common stockholders$0.24 $(1.85)
a.Excludes approximately 14 thousand shares in 2024 of common stock associated with RSUs that were anti-dilutive. Excludes approximately 217 thousand shares in 2023 of common stock associated with RSUs that were anti-dilutive as a result of the net loss.