Investments (Tables)

9 Months Ended

Sep. 30, 2024

Investments [Abstract]

Schedule of Investments

As of September 30, 2024	WMES		CASC Willis		Total
	(in thousands)
Investment in joint ventures as of December 31, 2023	$	40,047	$	17,997	$	58,044
Income from joint ventures	7,069		186		7,255
Distribution	(2,756)		(246)		(3,002)
Foreign currency translation adjustment	—		245		245
Other comprehensive loss from joint ventures	(651)		—		(651)
Investment in joint ventures as of September 30, 2024	$	43,709	$	18,182	$	61,891

Schedule of Financial Information

Unaudited summarized financial information for 100% of WMES is presented in the following tables:

	Three months ended September 30,				Nine months ended September 30,
	2024		2023		2024		2023
	(in thousands)				(in thousands)
Revenue	$	15,342	$	13,149	$	56,491	$	34,999
Expenses	14,045		12,659		42,557		35,212
WMES net income (loss)	$	1,297	$	490	$	13,934	$	(213)

	September 30, 2024		December 31, 2023
	(in thousands)
Total assets	$	355,272	$	236,732
Total liabilities	260,722		150,604
Total WMES net equity	$	94,550	$	86,128