v3.25.4
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives of Real Estate Company’s capitalization criteria. Real estate-related depreciation and amortization are computed on a straight-line basis over the estimated useful lives as described in the following table:

 

Land

Not depreciated

Buildings

27.5 years

Improvements and other assets

2.5 - 15 years

Acquired improvements and fixtures

1 - 8 years

Intangible lease assets

6 months

 

Schedule of Cash and Restricted Cash

The following table provides a reconciliation of cash and restricted cash reported on the consolidated balance sheets that sum to the total of such amount shown in the consolidated statements of cash flows (in thousands):

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Cash

 

$

95,022

 

 

$

40,738

 

Restricted cash

 

 

50,163

 

 

 

43,894

 

Total cash and restricted cash

 

$

145,185

 

 

$

84,632