v3.25.4
Third Party Platform Acquisition - Summary of Relative Fair Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($)
$ in Thousands
Dec. 31, 2025
Oct. 01, 2025
Dec. 31, 2024
Identifiable Assets Acquired at Fair Value      
Total identifiable assets acquired [1] $ 332,240    
Identifiable Liabilities Assumed at Fair Value      
Goodwill 69,974   $ 53,643
Argus Professional Storage Management LLC      
Identifiable Assets Acquired at Fair Value      
Cash and cash equivalents   $ 443  
Equipment, furniture and fixtures   122  
Accounts receivable and advances   1,004  
Other assets   91  
Indemnification assets [2]   1,078  
Intangible asset - customer contracts and related relationships   8,000  
Total identifiable assets acquired   10,738  
Identifiable Liabilities Assumed at Fair Value      
Accounts payable and accrued expenses   2,386  
Other liabilities   111  
Deferred tax liabilities, net   1,181  
Total liabilities assumed   3,678  
Net identifiable assets acquired   7,060  
Goodwill $ 17,700 16,330 [3]  
Net assets acquired   $ 23,390  
[1] The allocation noted above is based on a determination of the relative fair value of the total consideration and represents the amount paid including capitalized acquisition costs, as applicable.
[2] Included in this line item were two amounts, (i) an indemnification asset related to an accrued legal settlement of approximately $0.3 million and (ii) an indemnification asset of approximately $0.8 million related to accrued compensation due to Argus employees for prior services, which in accordance with the contribution agreement, was to be reimbursed by the seller of Argus. The corresponding liabilities related to the above were both included in accounts payable and accrued expenses in the table above. In January of 2026, the seller paid and fully satisfied the legal settlement. In October of 2025, the seller reimbursed us for the $0.8 million and we paid such compensation to the employees of Argus.
[3] Tax deductible goodwill as of the acquisition date was approximately $5.5 million.