/* ============================================================
   Layout & theme. Content lives in data.js; edit that instead.
   ============================================================ */

:root {
  --paper: #f7f4ee;
  --paper-deep: #efeae0;
  --ink: #1c1a16;
  --ink-soft: #5c574e;
  --rule: #d9d3c6;
  --rule-soft: #e6e1d6;
  --accent: #8a3324;        /* the one accent color */
  --accent-soft: #f0e4df;
  --sans: "Archivo", -apple-system, "Helvetica Neue", Arial, sans-serif;
  --serif: "Source Serif 4", Georgia, "Times New Roman", serif;
  --wrap: 1080px;
  --measure: 46rem;
}

* { box-sizing: border-box; }

html { scroll-behavior: smooth; }

body {
  margin: 0;
  background: var(--paper);
  color: var(--ink);
  font-family: var(--sans);
  font-size: 16px;
  line-height: 1.55;
  -webkit-font-smoothing: antialiased;
}

.wrap {
  max-width: var(--wrap);
  margin: 0 auto;
  padding: 0 1.25rem;
}

a { color: var(--accent); text-decoration: none; }
a:hover { text-decoration: underline; text-underline-offset: 3px; }

.skip-link {
  position: absolute;
  left: -9999px;
  top: 0;
  background: var(--ink);
  color: var(--paper);
  padding: 0.5rem 1rem;
  z-index: 100;
}
.skip-link:focus { left: 0; }

/* ---------- header ---------- */
.site-header {
  border-bottom: 1px solid var(--rule);
  background: var(--paper);
}
.header-inner {
  display: flex;
  align-items: baseline;
  justify-content: space-between;
  gap: 1rem;
  padding-top: 1.4rem;
  padding-bottom: 1.4rem;
  flex-wrap: wrap;
}
.brand { color: var(--ink); display: flex; align-items: baseline; gap: 0.6rem; }
.brand:hover { text-decoration: none; }
.brand-name { font-weight: 700; font-size: 1.05rem; letter-spacing: 0.01em; }
.brand-sub {
  font-size: 0.72rem;
  font-weight: 500;
  letter-spacing: 0.14em;
  text-transform: uppercase;
  color: var(--ink-soft);
}
.site-nav { display: flex; gap: 1.5rem; }
.site-nav a {
  color: var(--ink);
  font-size: 0.85rem;
  font-weight: 500;
  letter-spacing: 0.08em;
  text-transform: uppercase;
  padding-bottom: 2px;
  border-bottom: 2px solid transparent;
}
.site-nav a:hover { text-decoration: none; border-bottom-color: var(--rule); }
.site-nav a.active { border-bottom-color: var(--accent); }

/* ---------- shared type ---------- */
main { min-height: 60vh; padding-bottom: 4.5rem; }
main:focus { outline: none; }

.kicker {
  font-family: var(--sans);
  font-size: 0.72rem;
  font-weight: 600;
  letter-spacing: 0.16em;
  text-transform: uppercase;
  color: var(--accent);
  margin: 0 0 0.75rem;
}
.page-head { padding: 3rem 0 1.25rem; }
.page-head h1 {
  font-size: clamp(1.7rem, 4vw, 2.4rem);
  font-weight: 700;
  letter-spacing: -0.015em;
  line-height: 1.12;
  margin: 0 0 0.6rem;
}
.page-head .lede {
  font-family: var(--serif);
  font-size: 1.08rem;
  color: var(--ink-soft);
  max-width: var(--measure);
  margin: 0;
}

.section-head {
  display: flex;
  align-items: baseline;
  justify-content: space-between;
  gap: 1rem;
  border-top: 1px solid var(--ink);
  padding-top: 0.85rem;
  margin: 3rem 0 1.4rem;
}
.section-head h2 {
  font-size: 0.8rem;
  font-weight: 700;
  letter-spacing: 0.16em;
  text-transform: uppercase;
  margin: 0;
}
.section-head .more { font-size: 0.82rem; font-weight: 500; white-space: nowrap; }

/* ---------- home ---------- */
.hero { padding: 4.5rem 0 3rem; }
.hero h1 {
  font-size: clamp(2.1rem, 5.5vw, 3.3rem);
  font-weight: 700;
  letter-spacing: -0.02em;
  line-height: 1.05;
  margin: 0 0 1rem;
  max-width: 22ch;
}
.hero .positioning {
  font-family: var(--serif);
  font-size: clamp(1.05rem, 2vw, 1.22rem);
  color: var(--ink-soft);
  max-width: var(--measure);
  margin: 0 0 2.2rem;
}
.entry-points {
  display: grid;
  grid-template-columns: repeat(auto-fit, minmax(280px, 1fr));
  gap: 1rem;
}
.entry-card {
  display: block;
  border: 1px solid var(--rule);
  border-top: 2px solid var(--ink);
  background: transparent;
  padding: 1.4rem 1.4rem 1.5rem;
  color: var(--ink);
}
.entry-card:hover { text-decoration: none; border-color: var(--ink); }
.entry-card .kicker { margin-bottom: 0.5rem; }
.entry-card h3 { margin: 0 0 0.4rem; font-size: 1.25rem; letter-spacing: -0.01em; }
.entry-card p { margin: 0 0 0.9rem; font-family: var(--serif); color: var(--ink-soft); font-size: 0.98rem; }
.entry-card .cta { font-size: 0.82rem; font-weight: 600; letter-spacing: 0.06em; text-transform: uppercase; color: var(--accent); }

/* ---------- post list & cards ---------- */
.post-list { display: flex; flex-direction: column; }
.post-row {
  display: block;
  color: var(--ink);
  border-bottom: 1px solid var(--rule-soft);
  padding: 1.5rem 0;
}
.post-row:hover { text-decoration: none; }
.post-row:hover h3 { color: var(--accent); }
.post-row .meta { margin-bottom: 0.4rem; }
.post-row h3 {
  margin: 0 0 0.45rem;
  font-size: 1.28rem;
  letter-spacing: -0.01em;
  line-height: 1.25;
}
.post-row .thesis-line {
  font-family: var(--serif);
  color: var(--ink-soft);
  margin: 0 0 0.7rem;
  max-width: var(--measure);
}

.meta {
  font-size: 0.75rem;
  font-weight: 500;
  letter-spacing: 0.08em;
  text-transform: uppercase;
  color: var(--ink-soft);
}
.meta .date { color: var(--ink); font-weight: 600; }

.tags { display: flex; flex-wrap: wrap; gap: 0.4rem; }
.tag {
  font-size: 0.68rem;
  font-weight: 600;
  letter-spacing: 0.08em;
  text-transform: uppercase;
  color: var(--ink-soft);
  border: 1px solid var(--rule);
  padding: 0.18rem 0.5rem;
}
.tag.thesis-tag { color: var(--accent); border-color: var(--accent); }
.tag.verdict-tag { color: var(--paper); background: var(--accent); border-color: var(--accent); }
a.tag.thesis-tag:hover { background: var(--accent-soft); text-decoration: none; }

/* ---------- deal grid & cards ---------- */
.deal-grid {
  display: grid;
  grid-template-columns: repeat(auto-fill, minmax(300px, 1fr));
  gap: 1.4rem;
}
.deal-card {
  display: flex;
  flex-direction: column;
  border: 1px solid var(--rule);
  background: #fdfcf9;
  color: var(--ink);
}
.deal-card:hover { text-decoration: none; border-color: var(--ink); }
.deal-card:hover .deal-card-name { color: var(--accent); }
.deal-card img, .deal-hero-img {
  width: 100%;
  aspect-ratio: 16 / 10;
  object-fit: cover;
  display: block;
  border-bottom: 1px solid var(--rule);
}
.deal-card-body { padding: 1.1rem 1.2rem 1.2rem; display: flex; flex-direction: column; gap: 0.55rem; flex: 1; }
.deal-card-type {
  font-size: 0.68rem; font-weight: 600; letter-spacing: 0.1em;
  text-transform: uppercase; color: var(--ink-soft);
}
.deal-card-name { font-size: 1.15rem; font-weight: 600; letter-spacing: -0.01em; line-height: 1.25; margin: 0; }
.deal-card-address { font-size: 0.82rem; color: var(--ink-soft); margin: 0; }
.deal-card-metrics {
  display: flex;
  border-top: 1px solid var(--rule-soft);
  margin-top: 0.4rem;
  padding-top: 0.75rem;
  gap: 1.2rem;
}
.deal-card-metrics .metric { flex: 1; }
.metric .metric-label {
  display: block;
  font-size: 0.62rem; font-weight: 600; letter-spacing: 0.1em;
  text-transform: uppercase; color: var(--ink-soft);
  margin-bottom: 0.15rem;
}
.metric .metric-value {
  font-size: 1.02rem; font-weight: 600;
  font-variant-numeric: tabular-nums;
}
.deal-card .tags { margin-top: auto; padding-top: 0.6rem; }

.disclaimer {
  font-family: var(--serif);
  font-style: italic;
  font-size: 0.88rem;
  color: var(--ink-soft);
  border-left: 2px solid var(--rule);
  padding-left: 0.9rem;
  max-width: var(--measure);
}

/* ---------- article / long-form (serif) ---------- */
.article-head { padding: 3rem 0 0.5rem; max-width: var(--measure); }
.article-head h1 {
  font-size: clamp(1.65rem, 4vw, 2.3rem);
  font-weight: 700;
  letter-spacing: -0.015em;
  line-height: 1.14;
  margin: 0.5rem 0 0.9rem;
}
.article-head .article-subtitle {
  font-family: var(--serif);
  font-size: 1.2rem;
  line-height: 1.4;
  color: var(--ink);
  margin: 0 0 1.1rem;
}
.article-head .thesis-line {
  font-family: var(--serif);
  font-size: 1.12rem;
  font-style: italic;
  color: var(--ink-soft);
  margin: 0 0 1rem;
  border-left: 2px solid var(--accent);
  padding-left: 0.9rem;
}
.article-head .tags { margin-bottom: 0.5rem; }
.pdf-download { margin: 1.4rem 0 0; }
.prose + .pdf-download { max-width: var(--measure); margin-top: 2.2rem; }

.prose {
  font-family: var(--serif);
  font-size: 1.06rem;
  line-height: 1.72;
  max-width: var(--measure);
  padding-top: 1rem;
}
.prose p { margin: 0 0 1.25rem; }
.prose h2 {
  font-family: var(--sans);
  font-size: 1.18rem;
  font-weight: 700;
  letter-spacing: -0.005em;
  margin: 2.2rem 0 0.8rem;
}
.prose h3 {
  font-family: var(--sans);
  font-size: 0.98rem;
  font-weight: 700;
  margin: 1.8rem 0 0.6rem;
}
.prose ul { margin: 0 0 1.25rem; padding-left: 1.2rem; }
.prose li { margin-bottom: 0.5rem; }
.prose blockquote {
  margin: 2rem 0;
  padding: 0.2rem 0 0.2rem 1.4rem;
  border-left: 3px solid var(--accent);
  font-size: 1.22rem;
  line-height: 1.5;
  font-style: italic;
  color: var(--ink);
}
.prose blockquote .cite {
  display: block;
  margin-top: 0.6rem;
  font-family: var(--sans);
  font-style: normal;
  font-size: 0.72rem;
  font-weight: 600;
  letter-spacing: 0.1em;
  text-transform: uppercase;
  color: var(--ink-soft);
}

/* ---------- data tables ---------- */
.table-wrap { overflow-x: auto; margin: 1.6rem 0 1.8rem; }
table.data {
  width: 100%;
  border-collapse: collapse;
  font-family: var(--sans);
  font-size: 0.86rem;
  font-variant-numeric: tabular-nums;
}
table.data caption {
  caption-side: top;
  text-align: left;
  font-size: 0.72rem;
  font-weight: 700;
  letter-spacing: 0.12em;
  text-transform: uppercase;
  color: var(--ink);
  padding-bottom: 0.55rem;
}
table.data th, table.data td {
  padding: 0.55rem 0.75rem;
  text-align: right;
  white-space: nowrap;
}
table.data th:first-child, table.data td:first-child {
  text-align: left;
  white-space: normal;
}
table.data thead th {
  font-size: 0.68rem;
  font-weight: 600;
  letter-spacing: 0.08em;
  text-transform: uppercase;
  color: var(--ink-soft);
  border-top: 2px solid var(--ink);
  border-bottom: 1px solid var(--ink);
}
table.data tbody tr { border-bottom: 1px solid var(--rule-soft); }
table.data tbody tr:last-child { border-bottom: 2px solid var(--ink); }
table.data tbody tr.subtotal td { font-weight: 700; border-top: 1px solid var(--ink); }
table.data td.base-case {
  background: var(--accent-soft);
  color: var(--accent);
  font-weight: 700;
}
.table-note {
  font-size: 0.75rem;
  color: var(--ink-soft);
  font-family: var(--sans);
  margin: -1.2rem 0 1.8rem;
}

/* ---------- figures / charts ---------- */
.figure { margin: 2rem 0 2.2rem; }
.figure-card {
  border: 1px solid var(--rule);
  border-radius: 8px;
  background: #fdfcf9;
  padding: 1.4rem 1.5rem 1.3rem;
}
.figure-title {
  font-family: var(--sans);
  font-weight: 700;
  font-size: 1.05rem;
  letter-spacing: -0.01em;
  color: var(--ink);
  text-align: center;
  margin: 0 0 1rem;
}
.figure .fig-svg { display: block; width: 100%; height: auto; }
.figure-note {
  font-family: var(--serif);
  font-style: italic;
  font-size: 0.85rem;
  line-height: 1.45;
  color: var(--ink-soft);
  text-align: center;
  margin: 0.75rem auto 0;
  max-width: 92%;
}
.fig-svg text { font-family: var(--sans); }
.fig-node-title { font-size: 24px; font-weight: 700; letter-spacing: 0.02em; }
.fig-node-sub { font-size: 15px; font-weight: 500; }
.fig-value { font-size: 22px; font-weight: 700; }
.fig-cat { font-size: 17px; font-weight: 700; }
.fig-cat-sm { font-size: 15px; font-weight: 600; }
.fig-muted { font-size: 14px; font-weight: 500; }
.fig-hlabel { font-size: 26px; font-weight: 700; letter-spacing: 0.04em; }
.fig-kicker { font-size: 15px; font-weight: 700; letter-spacing: 0.09em; }
.fig-footer { font-size: 15px; font-weight: 500; }

/* ---------- deal detail ---------- */
.deal-head { padding: 3rem 0 1.5rem; }
.deal-head h1 {
  font-size: clamp(1.65rem, 4vw, 2.3rem);
  font-weight: 700;
  letter-spacing: -0.015em;
  line-height: 1.12;
  margin: 0.5rem 0 0.5rem;
}
.deal-head .address { color: var(--ink-soft); margin: 0 0 0.9rem; font-size: 0.95rem; }

.gallery { margin-bottom: 2rem; }
.gallery-main img {
  width: 100%;
  aspect-ratio: 16 / 8.5;
  object-fit: cover;
  display: block;
  border: 1px solid var(--rule);
}
.gallery-thumbs { display: flex; gap: 0.6rem; margin-top: 0.6rem; flex-wrap: wrap; }
.gallery-thumbs button {
  padding: 0;
  border: 1px solid var(--rule);
  background: none;
  cursor: pointer;
  width: 96px;
}
.gallery-thumbs button img { width: 100%; aspect-ratio: 16 / 10; object-fit: cover; display: block; }
.gallery-thumbs button[aria-current="true"] { border-color: var(--accent); outline: 1px solid var(--accent); }
.gallery-caption { font-size: 0.75rem; color: var(--ink-soft); margin-top: 0.5rem; }

.deal-columns {
  display: grid;
  grid-template-columns: minmax(0, 1fr) 340px;
  gap: 3rem;
  align-items: start;
}
.deal-aside { position: sticky; top: 1.5rem; }
@media (max-width: 860px) {
  .deal-columns { grid-template-columns: 1fr; gap: 1rem; }
  .deal-aside { position: static; }
}

table.snapshot {
  width: 100%;
  border-collapse: collapse;
  font-size: 0.86rem;
  font-variant-numeric: tabular-nums;
  border-top: 2px solid var(--ink);
}
table.snapshot caption {
  caption-side: top;
  text-align: left;
  font-size: 0.72rem; font-weight: 700; letter-spacing: 0.12em;
  text-transform: uppercase;
  padding-bottom: 0.55rem;
}
table.snapshot th, table.snapshot td {
  padding: 0.5rem 0.2rem;
  border-bottom: 1px solid var(--rule-soft);
  vertical-align: top;
}
table.snapshot th {
  text-align: left; font-weight: 500; color: var(--ink-soft);
  font-size: 0.78rem; letter-spacing: 0.04em; text-transform: uppercase;
  padding-right: 1rem;
}
table.snapshot td { text-align: right; font-weight: 600; }

.memo-section h3 {
  font-family: var(--sans);
  font-size: 0.8rem;
  font-weight: 700;
  letter-spacing: 0.14em;
  text-transform: uppercase;
  color: var(--accent);
  margin: 2.1rem 0 0.6rem;
}
.memo-section:first-child h3 { margin-top: 0.5rem; }

.btn {
  display: inline-block;
  border: 1px solid var(--ink);
  color: var(--ink);
  background: none;
  font-family: var(--sans);
  font-size: 0.78rem;
  font-weight: 600;
  letter-spacing: 0.1em;
  text-transform: uppercase;
  padding: 0.65rem 1.1rem;
  cursor: pointer;
}
.btn:hover { background: var(--ink); color: var(--paper); text-decoration: none; }

.thesis-link-box {
  border: 1px solid var(--rule);
  border-left: 3px solid var(--accent);
  background: #fdfcf9;
  padding: 1rem 1.2rem;
  margin: 2rem 0;
  max-width: var(--measure);
}
.thesis-link-box .kicker { margin-bottom: 0.3rem; }
.thesis-link-box a { font-weight: 600; }
.thesis-link-box p { margin: 0.3rem 0 0; font-family: var(--serif); font-size: 0.92rem; color: var(--ink-soft); }

.related-deals { margin-top: 3rem; }

/* ---------- track record ---------- */
.track-record { margin-top: 3.5rem; }
table.track {
  width: 100%;
  border-collapse: collapse;
  font-size: 0.85rem;
}
table.track th, table.track td { padding: 0.6rem 0.75rem; text-align: left; vertical-align: top; }
table.track thead th {
  font-size: 0.68rem; font-weight: 600; letter-spacing: 0.08em;
  text-transform: uppercase; color: var(--ink-soft);
  border-top: 2px solid var(--ink); border-bottom: 1px solid var(--ink);
}
table.track tbody tr { border-bottom: 1px solid var(--rule-soft); }
table.track .call-cell { font-family: var(--serif); max-width: 40rem; }
table.track td:first-child { white-space: nowrap; font-variant-numeric: tabular-nums; font-weight: 600; }
.status {
  display: inline-block;
  font-size: 0.66rem; font-weight: 700; letter-spacing: 0.1em;
  text-transform: uppercase;
  border: 1px solid var(--rule);
  padding: 0.15rem 0.5rem;
  white-space: nowrap;
}
.status.open { border-color: var(--accent); color: var(--accent); }

/* ---------- about ---------- */
.about-layout {
  display: grid;
  grid-template-columns: 250px minmax(0, 1fr);
  gap: 2.5rem;
  align-items: start;
}
.about-photo {
  width: 100%;
  display: block;
  border: 1px solid var(--rule);
  padding: 6px;
  background: #fdfcf9;
}
@media (max-width: 640px) {
  .about-layout { grid-template-columns: 1fr; gap: 1.6rem; }
  .about-photo { max-width: 240px; }
}
.about-body { max-width: var(--measure); }
.contact-links { display: flex; gap: 1rem; flex-wrap: wrap; margin-top: 1.8rem; }

/* ---------- breadcrumb / back links ---------- */
.crumb {
  font-size: 0.78rem;
  font-weight: 600;
  letter-spacing: 0.08em;
  text-transform: uppercase;
}

/* ---------- footer ---------- */
.site-footer {
  border-top: 1px solid var(--rule);
  padding: 2rem 0 2.5rem;
}
.footer-note {
  font-family: var(--serif);
  font-style: italic;
  font-size: 0.85rem;
  color: var(--ink-soft);
  max-width: var(--measure);
  margin: 0 0 0.8rem;
}
.footer-meta { font-size: 0.75rem; letter-spacing: 0.06em; text-transform: uppercase; color: var(--ink-soft); margin: 0; }

/* ---------- small screens ---------- */
@media (max-width: 560px) {
  .hero { padding: 3rem 0 2.2rem; }
  .deal-card-metrics { flex-wrap: wrap; row-gap: 0.7rem; }
  .deal-card-metrics .metric { flex-basis: 40%; }
  table.data th, table.data td { padding: 0.5rem 0.5rem; }
}