Real Estate Activity - Schedule of Real Estate Investment Components (Details) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
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Real Estate [Abstract] | ||
Land | $ 104,076 | $ 104,076 |
Building and improvements | 375,689 | 375,430 |
Tenant improvements | 18,677 | 16,629 |
Construction in progress | 191,814 | 140,046 |
Total cost | 690,256 | 636,181 |
Less accumulated depreciation | (84,394) | (78,793) |
Total real estate | $ 605,862 | $ 557,388 |
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- Definition Real Estate Investment Property, Excluding Real Estate Held for Sale, at Cost No definition available.
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- Definition The current amount of expenditures for a real estate project that has not yet been completed. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; and (9) unconsolidated real estate and other joint ventures not separately presented. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying amount as of the balance sheet date of improvements having a life longer than one year that were made for the benefit of one or more tenants. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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