v3.25.4
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table details the Company’s assets and liabilities measured at fair value on a recurring basis.
December 31, 2025
Level 1Level 2Level 3Total
Assets
Investment in marketable securities$123 $— $— $123 
December 31, 2024
Level 1Level 2Level 3Total
Assets
Investment in marketable securities$122 $— $— $122 
Schedule of Estimated Fair Value and the Unobservable Inputs for Debt Obligations
The following shows certain information about the estimated fair value and the unobservable inputs for the Company's debt obligations as of December 31, 2025 and 2024.
Range
Fair Value at December 31, 2025Primary Valuation TechniquesSignificant Unobservable InputsMinimumMaximumWeighted Average
Line of Credit$78,300 Discounted cash flowLoan to value53.6 %53.6 %53.6 %
Market interest rate6.27 %6.27 %6.27 %
Mortgage Loans Payable183,521 Discounted cash flowLoan to value48.5 %67.2 %59.0 %
Market interest rate3.89 %6.56 %5.66 %
Note to Affiliate4,200 Discounted cash flowMarket interest rate6.75 %6.75 %6.75 %
Range
Fair Value at December 31, 2024Primary Valuation TechniquesSignificant Unobservable InputsMinimumMaximumWeighted Average
Line of Credit$75,514 Discounted cash flowLoan to value44.7 %44.7 %44.7 %
Market interest rate6.93 %6.93 %6.93 %
Mortgage Loans Payable180,419 Discounted cash flowLoan to value49.9 %61.9 %57.8 %
Market interest rate6.17 %6.45 %6.34 %
Note to Affiliate4,380 Discounted cash flowMarket interest rate6.75 %6.75 %6.75 %