v3.25.2
Contingencies (Tables)
6 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Guarantees

The following table represents the Operating Partnership's guarantees of unconsolidated affiliates' debt as reflected in the accompanying condensed consolidated balance sheets as of June 30, 2025 and December 31, 2024:

 

 

As of June 30, 2025

 

Obligation
recorded to reflect
guaranty

 

Unconsolidated Affiliate

 

Company's
Ownership
Interest

 

Outstanding
Balance

 

 

Percentage
Guaranteed
by the
Operating
Partnership

 

Maximum
Guaranteed
Amount

 

 

Debt
Maturity
Date

 

June 30, 2025

 

 

December 31, 2024

 

Port Orange I, LLC

 

50%

 

 

41,574

 

 

50%

 

 

20,787

 

 

Feb-2026

 

$

208

 

 

$

222

 

Ambassador Infrastructure, LLC

 

65%

 

 

2,797

 

 

100%

 

 

2,797

 

 

Mar-2027

 

 

28

 

 

 

44

 

Total guaranty liability

 

 

 

 

 

 

 

 

 

 

 

 

 

$

236

 

 

$

266