Three Months Ended

Nine Months Ended

September 30,

2023

2022

2023

2022

Investment income, net

Interest, dividend and accretion income

$

826

$

355

$

2,003

$

732

Unrealized gain on investments, net

—

31

—

91

Interest income from investments in SPEs

2,003

6,009

Interest earned on notes receivable and other interest

820

346

1,741

699

Total investment income, net

3,649

2,735

9,753

7,531

Interest expense

Interest incurred for project financing and other interest expense

(6,197)

(2,516)

(15,187)

(6,322)

Interest expense and amortization of discount and issuance costs for Senior Notes issued by SPE

(2,214)

(2,211)

(6,640)

(6,629)

Total interest expense

(8,411)

(4,727)

(21,827)

(12,951)

Gain on contributions to unconsolidated joint ventures

76

1,430

633

2,001

Equity in income from unconsolidated joint ventures

8,708

2,481

18,409

3,415

Other income (expense), net

Accretion income from retained interest investments

1,099

412

2,594

1,262

Gain on insurance recoveries

—

875

—

4,186

Loss from hurricane damage

—

(7)

—

(51)

Miscellaneous income, net

51

848

738

648

Other income, net

1,150

2,128

3,332

6,045

Total other income, net

$

5,172

$

4,047

$

10,300

$

6,041