Investments (Tables)

12 Months Ended

Dec. 31, 2021

Investments [Abstract]

Schedule of investments

As of December 31, 2021	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	1,552		1,090		2,642
Distribution	(7,200)		—		(7,200)
Foreign currency translation adjustment	—		1,018		1,018
Other comprehensive loss from joint ventures	(1,121)		—		(1,121)
Investment in joint ventures as of December 31, 2020	37,365		15,910		53,275
Earnings from joint ventures	250		550		800
Foreign currency translation adjustment	—		398		398
Other comprehensive loss from joint ventures	1,454		—		1,454
Investment in joint ventures as of December 31, 2021	$	39,069	$	16,858	$	55,927

Summarized financial information

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

	Years Ended December 31,
	2021		2020
	(in thousands)
Revenue	$	29,596	$	38,086
Expenses	29,303		35,190
WMES net income	$	293	$	2,896

	As of December 31,
	2021		2020
	(in thousands)
Total assets	$	310,260	$	303,886
Total liabilities	225,917		219,836
Total WMES net equity	$	84,343	$	84,050