| Schedule of Components of Investments in Real Estate Properties |
As of December 31, 2025, the major components of the Company’s investments in real estate held by SPEs the Company consolidates, which are included in "Consolidated Real Estate Investments" on the Consolidated Balance Sheet, were as follows (in thousands):
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Real Estate Investments |
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Land |
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Buildings and Improvements |
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Intangible Lease Assets |
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Intangible Lease Liabilities |
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Right of use assets |
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Construction in Progress |
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Furniture, Fixtures, and Equipment |
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Totals |
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White Rock Center |
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$ |
1,315 |
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$ |
10,672 |
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$ |
1,921 |
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$ |
(101 |
) |
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$ |
— |
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$ |
— |
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$ |
13 |
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$ |
13,820 |
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5916 W Loop 289 |
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|
851 |
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2,594 |
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— |
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— |
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— |
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— |
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— |
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3,445 |
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Cityplace |
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18,812 |
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195,416 |
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9,058 |
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(6,669 |
) |
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— |
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19,239 |
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379 |
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236,235 |
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NexPoint Dominion Land, LLC |
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26,500 |
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— |
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— |
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— |
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— |
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— |
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— |
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26,500 |
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Dallas Hilton Garden Inn |
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4,116 |
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24,838 |
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— |
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— |
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— |
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74 |
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1,587 |
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30,615 |
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St. Petersburg Marriott |
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5,829 |
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37,879 |
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— |
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— |
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— |
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|
731 |
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2,307 |
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46,746 |
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Hyatt Place Park City |
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3,737 |
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20,327 |
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— |
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— |
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— |
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|
876 |
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3,166 |
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28,106 |
|
Bradenton Hampton Inn & Suites |
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|
837 |
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25,669 |
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— |
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— |
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1,464 |
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|
317 |
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2,904 |
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31,191 |
|
HUB Research Triangle Park |
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— |
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— |
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— |
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— |
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|
534 |
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— |
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— |
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534 |
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61,997 |
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317,395 |
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10,979 |
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(6,770 |
) |
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1,998 |
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21,237 |
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10,356 |
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417,192 |
|
Accumulated depreciation and amortization |
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— |
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(37,837 |
) |
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(9,215 |
) |
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4,705 |
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(68 |
) |
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— |
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(2,908 |
) |
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(45,323 |
) |
Total Operating Properties |
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$ |
61,997 |
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$ |
279,558 |
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$ |
1,764 |
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$ |
(2,065 |
) |
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$ |
1,930 |
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$ |
21,237 |
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|
$ |
7,448 |
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|
$ |
371,869 |
|
As of December 31, 2024, the major components of the Company’s investments in real estate held by SPEs the Company consolidates, which are included in "Consolidated Real Estate Investments" on the Consolidated Balance Sheet, were as follows (in thousands):
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Real Estate Investments |
|
Land |
|
|
Buildings and Improvements |
|
|
Intangible Lease Assets |
|
|
Intangible Lease Liabilities |
|
|
Right of use assets |
|
|
Construction in Progress |
|
|
Furniture, Fixtures, and Equipment |
|
|
Totals |
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White Rock Center |
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$ |
1,315 |
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|
$ |
10,568 |
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|
$ |
1,921 |
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|
$ |
(101 |
) |
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$ |
— |
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$ |
— |
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$ |
13 |
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$ |
13,716 |
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5916 W Loop 289 |
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1,081 |
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|
2,938 |
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— |
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— |
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— |
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— |
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— |
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4,019 |
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Cityplace |
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18,812 |
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195,408 |
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9,058 |
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(6,669 |
) |
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— |
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19,053 |
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|
356 |
|
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|
236,018 |
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NexPoint Dominion Land, LLC |
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26,500 |
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|
— |
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— |
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— |
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— |
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— |
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— |
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26,500 |
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Dallas Hilton Garden Inn |
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4,116 |
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24,631 |
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— |
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— |
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— |
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|
96 |
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1,475 |
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30,318 |
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St. Petersburg Marriott |
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5,829 |
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33,715 |
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— |
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— |
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— |
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3,951 |
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2,301 |
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45,796 |
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Hyatt Place Park City |
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3,737 |
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19,876 |
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— |
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— |
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— |
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|
877 |
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3,146 |
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27,636 |
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Bradenton Hampton Inn & Suites |
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|
837 |
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25,064 |
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— |
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— |
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1,465 |
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|
712 |
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2,833 |
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|
30,911 |
|
HUB Research Triangle Park |
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— |
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— |
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— |
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— |
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|
711 |
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— |
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— |
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|
711 |
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62,227 |
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312,200 |
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10,979 |
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(6,770 |
) |
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2,176 |
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24,689 |
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|
|
10,124 |
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|
415,625 |
|
Accumulated depreciation and amortization |
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|
— |
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|
|
(25,230 |
) |
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|
(8,353 |
) |
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|
3,631 |
|
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(29 |
) |
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|
— |
|
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(1,390 |
) |
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(31,371 |
) |
Total Operating Properties |
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$ |
62,227 |
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$ |
286,970 |
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|
$ |
2,626 |
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|
$ |
(3,139 |
) |
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$ |
2,147 |
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$ |
24,689 |
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$ |
8,734 |
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$ |
384,254 |
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Held for Sale Properties |
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|
Plano Homewood Suites |
|
$ |
2,106 |
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$ |
5,394 |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
28 |
|
|
$ |
738 |
|
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|
8,266 |
|
Las Colinas Homewood Suites |
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|
2,292 |
|
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|
10,153 |
|
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|
— |
|
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|
— |
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|
— |
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|
|
313 |
|
|
|
1,004 |
|
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|
13,762 |
|
Addison Property |
|
|
2,351 |
|
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|
4,577 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
518 |
|
|
|
804 |
|
|
|
8,250 |
|
Accumulated depreciation and amortization |
|
|
— |
|
|
|
(218 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(170 |
) |
|
|
(388 |
) |
Total Held for Sale Properties |
|
$ |
6,749 |
|
|
$ |
19,906 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
859 |
|
|
$ |
2,376 |
|
|
$ |
29,890 |
|
|