The following table sets forth the redeemable noncontrolling interests in the OP for the years ended December 31, 2025 and 2024 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2025 |
|
|
2024 |
|
Redeemable noncontrolling interest in the OP, January 1, |
|
$ |
— |
|
|
$ |
— |
|
Redeemable noncontrolling interests from NHT Merger |
|
|
359 |
|
|
|
— |
|
Net loss attributable to redeemable noncontrolling interests in the OP |
|
|
(41 |
) |
|
|
— |
|
Distributions to redeemable noncontrolling interests in the OP |
|
|
(9 |
) |
|
|
— |
|
Redeemable noncontrolling interest in the OP, December 31, |
|
$ |
309 |
|
|
$ |
— |
|
The following table sets forth the redeemable Series B Preferred Shares for the years ended December 31, 2025 and 2024 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2025 |
|
|
2024 |
|
Redeemable Series B Preferred Shares, January 1, |
|
$ |
— |
|
|
$ |
— |
|
Subscriptions |
|
|
20,379 |
|
|
|
— |
|
Accretion to redemption value |
|
|
— |
|
|
|
— |
|
Redemptions |
|
|
— |
|
|
|
— |
|
Redeemable Series B Preferred Shares, December 31, |
|
$ |
20,379 |
|
|
$ |
— |
|
|