Investments (Tables)

9 Months Ended

Sep. 30, 2020

Investments [Abstract]

Schedule of investments

Nine Months Ended September 30, 2020	WMES		CASC Willis		Total
	(in thousands)
Investment in joint ventures as of December 31, 2019	$	44,134	$	13,802	$	57,936
Earnings from joint ventures	1,981		631		2,612
Distribution	(7,200)		—		(7,200)
Foreign currency translation adjustment	—		325		325
Investment in joint ventures as of September 30, 2020	$	38,915	$	14,758	$	53,673

Summarized financial information

Unaudited summarized financial information for 100% of WMES is presented in the following tables:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(in thousands)				(in thousands)
Revenue	$	9,610	$	13,007	$	29,525	$	36,144
Expenses	7,539		10,076		25,718		28,436
WMES net income	$	2,071	$	2,931	$	3,807	$	7,708

	September 30, 2020		December 31, 2019
	(in thousands)
Total assets	$	310,722	$	322,606
Total liabilities	225,761		227,052
Total WMES net equity	$	84,961	$	95,554