Investments (Tables)

6 Months Ended

Jun. 30, 2022

Investments [Abstract]

Schedule of Investments

As of June 30, 2022	WMES		CASC Willis		Total
	(in thousands)
Investment in joint ventures as of December 31, 2021	$	39,069	$	16,858	$	55,927
Loss from joint ventures	(931)		(216)		(1,147)
Foreign currency translation adjustment	—		(848)		(848)
Other comprehensive gain from joint ventures	1,409		—		1,409
Investment in joint ventures as of June 30, 2022	$	39,547	$	15,794	$	55,341

Summarized Financial Information

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(in thousands)				(in thousands)
Revenue	$	21,185	$	4,885	$	30,726	$	9,646
Expenses	17,687		6,606		32,690		12,775
WMES net income (loss)	$	3,498	$	(1,721)	$	(1,964)	$	(3,129)

	June 30, 2022		December 31, 2021
	(in thousands)
Total assets	$	285,114	$	310,260
Total liabilities	202,735		225,917
Total WMES net equity	$	82,379	$	84,343