v3.25.2
Investment in Real Estate, Net - Real Estate by Property Type and Segment (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Real estate properties    
Investment in real estate, net $ 1,048,852 $ 1,040,428
Operating property, net related to operating leases 385,900 395,200
Development property    
Real estate properties    
Investment in real estate, net 266,689 245,528
Development property | Other reconciling items    
Real estate properties    
Investment in real estate, net 4,681 4,234
Development property | Residential segment | Operating Segments    
Real estate properties    
Investment in real estate, net 163,508 149,499
Development property | Hospitality segment | Operating Segments    
Real estate properties    
Investment in real estate, net 13,587 13,342
Development property | Commercial segment | Operating Segments    
Real estate properties    
Investment in real estate, net 84,913 78,453
Operating property    
Real estate properties    
Operating property 938,268 937,188
Less: Accumulated depreciation 156,105 142,288
Investment in real estate, net 782,163 794,900
Operating property | Residential segment | Operating Segments    
Real estate properties    
Operating property 10,254 10,254
Operating property | Hospitality segment | Operating Segments    
Real estate properties    
Operating property 445,316 443,291
Operating property | Commercial segment | Operating Segments    
Real estate properties    
Operating property $ 482,698 $ 483,643