v3.25.2
Acquisitions of Rental Property - Schedule of Allocation of Purchase Price (Details) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Business Combination [Line Items]    
Right-of-use asset $ 2,262,000 $ 0
Prepaid expenses & other assets 2,834,000 0
Assets acquired and liabilities assumed, assets 168,308,000 218,716,000
Acquired in-place leases and leasing fees    
Business Combination [Line Items]    
Intangible assets $ 10,421,000 $ 17,956,000
Weighted average amortization period 12 years 11 years
Acquired above-market leases    
Business Combination [Line Items]    
Intangible assets $ 0 $ 1,028,000
Weighted average amortization period   6 years
Acquired below-market leases    
Business Combination [Line Items]    
Intangible liabilities $ (144,000) $ (3,996,000)
Weighted average amortization period 14 years 9 years
Lease liability    
Business Combination [Line Items]    
Intangible liabilities $ (2,681,000) $ 0
Land    
Business Combination [Line Items]    
Property, plant, and equipment 8,040,000 50,741,000
Land improvements    
Business Combination [Line Items]    
Property, plant, and equipment 3,947,000 10,121,000
Buildings and improvements    
Business Combination [Line Items]    
Property, plant, and equipment 93,303,000 142,866,000
Property under development    
Business Combination [Line Items]    
Property, plant, and equipment $ 50,326,000 $ 0