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Investments (Tables)
6 Months Ended
Jun. 30, 2024
Investments [Abstract]  
Schedule of Investments
As of June 30, 2024WMESCASC WillisTotal
(in thousands)
Investment in joint ventures as of December 31, 2023$40,047 $17,997 $58,044 
Earnings from joint ventures6,386 113 6,499 
Foreign currency translation adjustment— (558)(558)
Other comprehensive loss from joint ventures(220)— (220)
Investment in joint ventures as of June 30, 2024$46,213 $17,552 $63,765 
Schedule of Financial Information
Unaudited summarized financial information for 100% of WMES is presented in the following tables:
Three months ended June 30,Six months ended June 30,
2024202320242023
(in thousands)(in thousands)
Revenue$22,223 $10,972 $41,149 $21,850 
Expenses14,751 11,387 28,512 22,552 
WMES net income (loss)$7,472 $(415)$12,637 $(702)

June 30,
2024
December 31,
2023
(in thousands)
Total assets$310,149 $236,732 
Total liabilities211,384 150,604 
Total WMES net equity$98,765 $86,128