How did Howard Hughes' revenue and expenses shift in Q4 2024 compared to previous quarters?

Howard Hughes' total revenue increased significantly in Q4 2024, rising from $171.14 million in Q3 2024 to $317.41 million in Q4 2024, and further to $983.59 million in Q4 2024 compared to the previous quarter. However, the total expenses also increased, rising from $327.15 million in Q3 2024 to $983.59 million in Q4 2024. This indicates that while Howard Hughes experienced a substantial increase in revenue, there was also a corresponding increase in expenses during the same period.

HHH Total Revenue