v3.25.2
INVESTMENTS IN REAL ESTATE AND OTHER ACQUIRED ASSETS AND ASSUMED LIABILITIES (Schedule of Acquired Assets and Assumed Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Line Items]    
Investment in Real Estate, Carrying Value $ 77,511 $ 76,608
Right of use Assets, Carrying Value 19,694 19,911
Intangible Assets, Carrying Value 4,278,000  
Assets Acquired, Cost Basis 315,402 313,287
Assets Acquired, Accumulated Depreciation & Amortization (10,920) (9,261)
Assets Acquired, Carrying Value 304,482 304,026
Other Liabilities, Carrying Value 531 540
Liabilities Assumed, Cost Basis 124,581 124,504
Liabilities Assumed, Accumulated Depreciation & Amortization 3,144 2,896
Liabilities Assumed, Carrying Value 127,725 127,400
Assets Acquired and Liabilities Assumed, Cost Basis 190,821 188,783
Asset Acquired and Liabilities Assumed, Carrying Value 176,757 176,626
Investments In Real Estate Equity    
Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Line Items]    
Investment in Real Estate, Cost Basis 84,339 82,265
Investment in Real Estate Accumulated Depreciation & Amortization (6,828) (5,657)
Investment in Real Estate, Carrying Value 77,511 76,608
Right of use Assets, Cost Basis 20,064 20,064
Right of use Assets Accumulated Depreciation & Amortization (923) (759)
Right of use Assets, Carrying Value 19,141 19,305
Intangible Assets, Cost Basis 9,833 9,833
Intangible Assets, Accumulated Depreciation & Amortization (3,169) (2,845)
Intangible Assets, Carrying Value 6,664 6,988
Assets Acquired, Cost Basis 114,236 112,162
Assets Acquired, Accumulated Depreciation & Amortization (10,920) (9,261)
Assets Acquired, Carrying Value 103,316 102,901
Mortgage payable, Cost Basis 76,391 76,631
Mortgage payable, Accumulated Depreciation & Amortization 3,185 2,925
Mortgage payable, Carrying Value 79,576 79,556
Other Liabilities, Cost Basis 41 41
Other Liabilities, Accumulated Depreciation & Amortization (41) (29)
Other Liabilities, Carrying Value 0 12
Lease liabilities, Cost Basis 44,974 44,606
Lease liabilities, Accumulated Depreciation & Amortization 0 0
Lease liabilities, Carrying Value (44,974) (44,606)
Liabilities Assumed, Cost Basis 121,406 121,278
Liabilities Assumed, Accumulated Depreciation & Amortization 3,144 2,896
Liabilities Assumed, Carrying Value 124,550 124,174
Investments In Real Estate From Lending Activities    
Investment In Real Estate And Other Acquired Assets And Assumed Liabilities [Line Items]    
Property Held for Sale, Cost Basis 201,166 201,125
Property Held for Sale, Carrying Value 201,166 201,125
Liabilities held for sale liabilities, Cost Basis 3,175 3,226
Liabilities held for sale liabilities, Carrying Value $ 3,175 $ 3,226