The Company's sale of its former Office Portfolio represented a strategic shift in the Company’s operations. As such, the results of these sold properties are classified as discontinued operations for all periods presented.

The following table summarizes income from discontinued operations and the related realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net, for the three and six months ended June 30, 2025 and 2024 (dollars in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Total Revenues	$	—	$	(277)	$	141	$	2,722
Operating and other expenses, net	(27)		1,639		(32)		(645)

Depreciation and amortization	—		—		—		(668)

Equity in earnings of unconsolidated joint ventures	—		57		—		262

Income (loss) from discontinued operations	(27)		1,419		109		1,671

Realized gains (losses) and unrealized gains (losses) on disposition of rental property and impairments, net	—		—		—		1,548
Realized gain (loss), net	—		—		—		1,548

Total discontinued operations, net	$	(27)	$	1,419	$	109	$	3,219