v3.26.1
NOTES PAYABLE (Tables)
3 Months Ended
Mar. 31, 2026
NOTES PAYABLE  
Schedule of mortgage notes payable

Principal Balance At

March 31,

December 31,

2026

2025

(in thousands)

Mortgage notes payable, net (a)

$

532,142

$

513,947

Mortgage notes payable, net, affiliates

53,203

53,797

Less unamortized debt issuance costs

2,257

2,210

$

583,088

$

565,534

(a)Includes $134,996 and $123,120 of variable rate mortgage debt that was swapped to a fixed rate at March 31, 2026 and December 31, 2025, respectively.
Schedule of outstanding mortgage notes payable maturities

Years ending December 31,

  ​ ​ ​

Amount

(in thousands)

2026 (April - December)

$

75,479

2027

80,141

2028

47,971

2029

92,323

2030

86,326

Thereafter

200,848

Total payments

$

583,088