| Schedule of Related Party Transactions |
Related party assets and liabilities included in the Company’s condensed consolidated balance sheets as of June 30, 2023 and December 31, 2022 consisted of the following (in thousands): | | | | | | | | | | | | | June 30, 2023 | | December 31, 2022 | Related Party Assets: | | | | Contract assets (see Note 3) | $ | 73,826 | | | $ | 79,863 | | | Operating lease right-of-use asset (corporate office lease at Five Point Gateway Campus) | 15,245 | | | 16,425 | | Other | 862 | | | 838 | | | $ | 89,933 | | | $ | 97,126 | | Related Party Liabilities: | | | | Reimbursement obligation | $ | 58,998 | | | $ | 62,990 | | |
Payable to holders of Management Company’s Class B interests | 4,116 | | | 6,700 | | | Operating lease liability (corporate office lease at Five Point Gateway Campus) | 11,776 | | | 12,535 | | | Accrued advisory fees | 7,625 | | | 10,525 | | Other | 1,169 | | | 336 | | | $ | 83,684 | | | $ | 93,086 | |
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