Investments in Real Estate - Summary of Real Estate Activity (Details) - USD ($) |
3 Months Ended | |
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Mar. 31, 2025 |
Dec. 31, 2024 |
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Real Estate [Line Items] | ||
Real Estate Cost, Balance - beginning of year | $ 1,194,937,000 | |
Real Estate Cost, Acquisitions | 6,969,000 | |
Real Estate Cost, Improvements | 61,000 | |
Real Estate Cost, Balance - end of period | 1,201,967,000 | |
Real Estate Accumulated Depreciation, Balance - beginning of year | (89,628,000) | |
Real Estate, Depreciation expense | (7,714,000) | |
Real Estate Accumulated Depreciation, Balance - end of period | (97,342,000) | |
Net book value - end of period | $ 1,104,625,000 | $ 1,105,309,000 |
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- Definition Acquisitions. No definition available.
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- Definition Improvements. No definition available.
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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