NONCONTROLLING INTERESTS |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Noncontrolling Interest [Abstract] | |
| NONCONTROLLING INTERESTS | 10. NONCONTROLLING INTERESTS Noncontrolling Interests in Consolidated Ventures As of December 31, 2025, the Company consolidates two ventures and in each, there are different noncontrolling investors, which own between 10.0% - 25.0% of such ventures. These ventures hold investments in a 40-building student housing portfolio in Isla Vista, CA with a book value of $76.8 million, and a single-tenant office building in Oakland County, MI with a book value of $8.6 million. The Company makes distributions and allocates income from these ventures to the noncontrolling interests in accordance with the terms of the respective governing agreements.
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