v3.26.1
Variable Interest Entities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Investments in real estate, net $ 1,294,008 $ 1,204,195
Intangible assets, net 43,892 36,854
Cash and cash equivalents 629 3,335
Other assets 82,463 63,908
Total assets 1,440,980 1,571,427
Liabilities    
Mortgages payable, net 932,120 903,523
Accounts payable and accrued expenses 11,242 3,352
Intangibles liabilities 6,394 1,065
Total liabilities 984,935 1,174,140
Related party    
Liabilities    
Other liabilities 6,246 294
Non related party    
Liabilities    
Other liabilities 4,613 2,972
VIEs    
Assets    
Investments in real estate, net 652,242 670,211
Intangible assets, net 27,442 29,760
Cash and cash equivalents 264 1,515
Other assets 53,781 36,613
Total assets 733,729 738,099
Liabilities    
Mortgages payable, net 496,975 496,907
Accounts payable and accrued expenses 14,089 1,543
Intangibles liabilities 468 536
Total liabilities 512,993 500,483
VIEs | Related party    
Liabilities    
Other liabilities   65
VIEs | Non related party    
Liabilities    
Other liabilities $ 1,461 $ 1,432