Investments (Tables)

3 Months Ended

Mar. 31, 2021

Investments [Abstract]

Schedule of investments

As of March 31, 2021	WMES		CASC Willis		Total
	(in thousands)
Investment in joint ventures as of December 31, 2020	$	37,365	$	15,910	$	53,275
(Loss) earnings from joint ventures	(678)		159		(519)
Foreign currency translation adjustment	—		2,832		2,832
Other comprehensive gain from joint ventures	554		—		554
Investment in joint ventures as of March 31, 2021	$	37,241	$	18,901	$	56,142

Summarized financial information

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

	Three Months Ended March 31,
	2021		2020
	(in thousands)
Revenue	$	4,761	$	8,111
Expenses	6,169		7,754
WMES net (loss) income	$	(1,408)	$	357

	March 31, 2021		December 31, 2020
	(in thousands)
Total assets	$	299,545	$	303,886
Total liabilities	216,903		219,836
Total WMES net equity	$	82,642	$	84,050