Segment Reporting and Revenue (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Information on each of the reportable and other segments and reconciliation to consolidated net loss is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Revenue
Real estate services (brokerage)	$	237,511	$	128,543	$	393,957	$	230,894
Real estate services (partner)	14,688		6,506		26,851		12,791
Properties	172,445		72,184		265,171		151,282
Rentals	42,548		—		42,548		—
Other	8,521		7,246		17,878		11,496
Intercompany eliminations	(4,398)		(814)		(6,771)		(1,803)
Total	$	471,315	$	213,665	$	739,634	$	404,660
Cost of revenue
Real estate services	164,125		88,799		292,342		182,361
Properties	167,420		73,348		258,551		152,647
Rentals	7,570		—		7,570		—
Other	10,462		6,293		19,448		12,537
Intercompany eliminations	(4,398)		(814)		(6,771)		(1,803)
Total	$	345,179	$	167,626	$	571,140	$	345,742
Gross profit
Real estate services	88,074		46,250		128,466		61,324
Properties	5,025		(1,164)		6,620		(1,365)
Rentals	34,978		—		34,978		—
Other	(1,941)		953		(1,570)		(1,041)
Total	$	126,136	$	46,039	$	168,494	$	58,918
Real estate services, properties, and other operating expenses	107,788		50,465		184,658		120,774
Rentals operating expenses	48,665		—		48,665		—
Interest income	135		437		293		1,540
Interest expense	(2,813)		(2,665)		(4,151)		(5,109)
Income tax benefit	5,052		—		5,052		—
Other income (expense), net	65		43		(27)		(1,303)
Net loss	$	(27,878)	$	(6,611)	$	(63,662)	$	(66,728)