Segment Information |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Information | Note 16 – Segment Information The Company's operations consist of one reportable segment, property and asset management. The Company is a public non-traded real estate investment trust pooling investor capital to invest in income-producing real estate properties, such as office buildings, apartments, or other commercial real estate. The Company offers its shares to the public, but these shares are not traded on a national stock exchange. The Company has identified the (the "CEO") as the Chief Operating Decision Maker (the "CODM"), who uses revenues and net income to evaluate the results of the business. Refer to the Company's consolidated statements of operations for additional information. The following table shows components used by the CODM:
(1) For the year ended December 31, 2025 and December 31, 2024, non-compensation related operating expenses included $35.8 million and $34.5 million, respectively, of depreciation and amortization.
As of both December 31, 2025 and December 31, 2024, the Company had total assets of $1.1 billion. See the Company’s consolidated balance sheets for more information. The CODM evaluates the operating results and revenue of the Company regardless of geographic location as property and asset management accordingly. |
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