Three Months Ended March 31,

Year Ended December 31,

2026

2025

Equity balance—beginning of period

$

3,824

$

-

Contributions

—

4,000

Income from joint venture

3,320

1,485

Distributions

(3,370

)

(1,661

)

Equity balance—end of period

$

3,774

$

3,824