March 31,

 

2026

 

2025

Investment income, net

Interest, dividend and accretion income

$

1,016

$

884

Interest income from investments in SPEs

2,003

Interest earned on notes receivable and other interest

251

541

Total investment income, net

3,270

3,428

Interest expense

Interest incurred for project financing and other interest expense

(4,869)

(5,555)

Interest expense and amortization of discount and issuance costs for Senior Notes issued by SPE

(2,225)

(2,220)

Total interest expense

(7,094)

(7,775)

Equity in income from unconsolidated joint ventures

3,525

10,159

Other expense, net

Loss on disposition of assets

(5)

(46)

Miscellaneous expense, net

(75)

(184)

Other expense, net

(80)

(230)

Total other (expense) income, net

$

(379)

$

5,582