XML 85 R75.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Segments - Summary of Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segments reporting    
Total revenues $ 171,138 $ 196,289
Depreciation and amortization (52,247) (52,009)
Other income (loss), net 891 4,981
Equity in earnings (losses) from unconsolidated ventures (19,135) (4,802)
Gain (loss) on sale or disposal of real estate and other assets, net 4,794 4,730
Income (loss) before income taxes (68,934) (23,905)
Net income (loss) (51,905) (22,627)
Net (income) loss attributable to noncontrolling interests (10) (118)
Net income (loss) attributable to HHH (51,915) (22,745)
Operating segments    
Segments reporting    
Total revenues 171,122 196,275
Total operating expenses (106,583) (111,925)
Segment operating income (loss) 64,539 84,350
Depreciation and amortization (51,442) (51,209)
Interest income (expense), net (16,218) (9,850)
Other income (loss), net 411 2,274
Equity in earnings (losses) from unconsolidated ventures (19,135) (4,802)
Gain (loss) on sale or disposal of real estate and other assets, net 4,794 4,730
Income (loss) before income taxes (17,051) 25,493
Corporate    
Segments reporting    
Corporate income, expenses, and other items (34,854) (48,120)
Operating Assets Segment    
Segments reporting    
Total revenues 110,152 100,925
Operating Assets Segment | Operating segments    
Segments reporting    
Total revenues 110,152 100,925
Total operating expenses (51,395) (47,599)
Segment operating income (loss) 58,757 53,326
Depreciation and amortization (44,156) (39,632)
Interest income (expense), net (33,476) (28,911)
Other income (loss), net 408 2,282
Equity in earnings (losses) from unconsolidated ventures 5,817 1,905
Gain (loss) on sale or disposal of real estate and other assets, net 4,794 4,730
Income (loss) before income taxes (7,856) (6,300)
MPC Segment    
Segments reporting    
Total revenues 48,875 77,013
MPC Segment | Operating segments    
Segments reporting    
Total revenues 48,875 77,013
Total operating expenses (25,049) (34,351)
Segment operating income (loss) 23,826 42,662
Depreciation and amortization (110) (107)
Interest income (expense), net 15,246 15,812
Other income (loss), net 0 (103)
Equity in earnings (losses) from unconsolidated ventures (14,711) 4,108
Gain (loss) on sale or disposal of real estate and other assets, net 0 0
Income (loss) before income taxes 24,251 62,372
Seaport Segment    
Segments reporting    
Total revenues 11,502 11,897
Seaport Segment | Operating segments    
Segments reporting    
Total revenues 11,502 11,897
Total operating expenses (21,485) (18,916)
Segment operating income (loss) (9,983) (7,019)
Depreciation and amortization (5,757) (10,527)
Interest income (expense), net (2,012) 1,186
Other income (loss), net 0 1
Equity in earnings (losses) from unconsolidated ventures (10,280) (10,820)
Gain (loss) on sale or disposal of real estate and other assets, net 0 0
Income (loss) before income taxes (28,032) (27,179)
Strategic Developments Segment    
Segments reporting    
Total revenues 593 6,440
Strategic Developments Segment | Operating segments    
Segments reporting    
Total revenues 593 6,440
Total operating expenses (8,654) (11,059)
Segment operating income (loss) (8,061) (4,619)
Depreciation and amortization (1,419) (943)
Interest income (expense), net 4,024 2,063
Other income (loss), net 3 94
Equity in earnings (losses) from unconsolidated ventures 39 5
Gain (loss) on sale or disposal of real estate and other assets, net 0 0
Income (loss) before income taxes $ (5,414) $ (3,400)