XML 63 R17.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Other assets, net and Other liabilities, net
6 Months Ended
Jun. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other assets, net and Other liabilities, net Other assets, net and Other liabilities, net
The following table provides a breakdown of Other assets, net reported on the Condensed Consolidated Statement of Financial Position.

(Dollars in Thousands)As of June 30, 2024As of December 31, 2023
Fixed assets, net:
Leasehold improvements$7,462 $4,978 
Office equipment and furniture3,382 3,489 
Foreign currency translation difference(479)(270)
Accumulated depreciation and amortization(6,227)(5,665)
Fixed assets, net4,138 2,532 
Accrued income12,252 17,124 
Prepaid expenses19,697 8,045 
Sundry receivables6,097 5,664 
Other receivables
13,355 12,204 
Other assets3,170 2,613 
Other assets, net (1)
$58,709 $48,182 

(1) As of June 30, 2024 and December 31, 2023, these amounts include $4.6 million and $6.7 million, respectively, in receivables due from related parties. See Note 16 (Related Party Transactions) for further details.

The following table provides a breakdown of Other liabilities, net reported on the Condensed Consolidated Statement of Financial Position.
(Dollars in Thousands)As of June 30, 2024As of December 31, 2023
AWMS deferred cash consideration6,857 7,135 
PW deferred consideration3,365 — 
Payroll— 5,202 
Corporation tax payable2,826 — 
Sundry3,593 3,422 
Other 4,460 6,709 
Other Liabilities, net (1)
21,101 22,467 
(1) As of June 30, 2024 and December 31, 2023, these amounts include $11.0 million and $8.4 million, respectively, in liabilities due to related parties. Additionally, certain reclassifications have been made during the current period and are no longer comparable to the year ended December 31, 2023. See Note 16 (Related Party Transactions) and Note 2 (Summary of Significant Accounting Policies), respectively, for further details.