v3.24.2
Agreements and Transactions with Related Parties (Tables)
 6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following tables present a summary of revenue earned and reimbursable costs received/accrued from NLOP and CESH for the periods indicated, included in the consolidated financial statements (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Asset management revenue (a) (b)
$1,686 $303 $3,579 $642 
Administrative reimbursements (a) (c)
1,000 — 2,000 — 
Reimbursable costs from affiliates (a) (c)
57 124 120 225 
$2,743 $427 $5,699 $867 
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
NLOP$2,599 $— $5,403 $— 
CESH144 427 296 867 
$2,743 $427 $5,699 $867 
__________
(a)Amounts represent revenues from contracts under ASC 606.
(b)Included within Asset management revenue in the consolidated statements of income.
(c)Included within Other advisory income and reimbursements in the consolidated statements of income.
Schedule of Balances Due to and From Related Party
The following table presents a summary of amounts due from affiliates, which are included within Other assets, net in the consolidated financial statements (in thousands):
June 30, 2024December 31, 2023
Asset management fees receivable$542 $1,349 
Accounts receivable514 768 
Reimbursable costs52 59 
$1,108 $2,176