XML 53 R40.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segment Reporting and Revenue - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue $ 976,672 $ 1,099,574 $ 1,058,638
Cost of revenue 646,853 790,455 665,419
Gross profit 329,819 309,119 393,219
Technology and development 183,294 178,924 143,481
Marketing 117,863 155,309 136,851
General and administrative 238,790 243,390 208,722
Employee termination costs 7,927 32,353 0
Total operating expenses 547,874 609,976 489,054
(Loss) income from continuing operations (218,055) (300,857) (95,835)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net 91,663 51,060 4,611
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (126,392) (249,797) (91,224)
Operating Segments | Real estate services      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue 618,577 787,076 903,334
Cost of revenue 462,625 608,027 603,320
Gross profit 155,952 179,049 300,014
Technology and development 108,201 105,196 81,588
Marketing 59,746 98,673 98,746
General and administrative 76,851 88,171 84,655
Employee termination costs 0 0  
Total operating expenses 244,798 292,040 264,989
(Loss) income from continuing operations (88,846) (112,991) 35,025
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net 59 (123) (87)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (88,787) (113,114) 34,938
Operating Segments | Rentals      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue 184,812 155,910 121,877
Cost of revenue 42,086 33,416 21,739
Gross profit 142,726 122,494 100,138
Technology and development 63,934 59,899 41,492
Marketing 53,952 51,064 36,174
General and administrative 94,252 92,728 71,943
Employee termination costs 503 0  
Total operating expenses 212,641 203,691 149,609
(Loss) income from continuing operations (69,915) (81,197) (49,471)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net 215 1,389 3,301
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (69,700) (79,808) (46,170)
Operating Segments | Mortgage      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue 134,108 132,904 19,818
Cost of revenue 118,178 126,552 26,096
Gross profit 15,930 6,352 (6,278)
Technology and development 2,871 6,034 10,396
Marketing 4,064 4,889 561
General and administrative 25,012 25,680 8,306
Employee termination costs 0 0  
Total operating expenses 31,947 36,603 19,263
(Loss) income from continuing operations (16,017) (30,251) (25,541)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net (392) (114) 3
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (16,409) (30,365) (25,538)
Operating Segments | Discontinued Properties Segment      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue 1,244 17,783 16,526
Other      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue 39,175 23,684 13,609
Cost of revenue 23,964 22,460 14,264
Gross profit 15,211 1,224 (655)
Technology and development 4,504 3,591 2,528
Marketing 60 199 209
General and administrative 4,017 3,307 2,288
Employee termination costs 0 0  
Total operating expenses 8,581 7,097 5,025
(Loss) income from continuing operations 6,630 (5,873) (5,680)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net 712 140 2
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 7,342 (5,733) (5,678)
Corporate overhead      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]      
Revenue 0 0 0
Cost of revenue 0 0 0
Gross profit 0 0 0
Technology and development 3,784 4,204 7,477
Marketing 41 484 1,161
General and administrative 38,658 33,504 41,530
Employee termination costs 7,424 32,353  
Total operating expenses 49,907 70,545 50,168
(Loss) income from continuing operations (49,907) (70,545) (50,168)
Interest income, interest expense, income tax expense, gain on extinguishment of convertible senior notes, and other expense, net 91,069 49,768 1,392
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $ 41,162 $ (20,777) $ (48,776)