v3.25.2
INVESTMENT IN UNCONSOLIDATED AFFILIATES - Summary of results of operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Investment in Unconsolidated Affiliates            
Income from rental operations $ 43,000   $ 39,297   $ 85,180 $ 76,558
Expenses from rental operations 33,920   33,338   68,910 65,085
Net operating income 7,637   4,420   13,326 8,588
Depreciation and Amortization 6,696   7,015   13,721 12,924
Interest 6,371   5,585   12,641 10,941
Net income 6,915 $ 4,907 6,143 $ 4,640 11,822 10,783
Unconsolidated affiliates            
Investment in Unconsolidated Affiliates            
Income from rental operations 7,995   6,213   15,890 12,012
Expenses from rental operations 3,500   2,879   7,046 5,673
Net operating income 4,495   3,334   8,844 6,339
Depreciation and Amortization 3,606   2,699   7,228 5,181
Interest 2,237   1,611   4,427 3,239
Other expense 174       134  
Net income $ (1,522)   $ (976)   $ (2,945) $ (2,081)