v3.26.1
OPERATING PARTNERSHIP UNITS (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Total Stock Compensation Expense
Stock compensation expense for the OP Unit awards and for stock issued to the board of directors for the three months ended March 31, 2026 and 2025, was as follows (in thousands):
Three Months Ended
March 31,
20262025
Class X OP Units$744 $424 
Class C Common Stock issued to the board of directors60 60 
Total stock compensation expense$804 $484 
Schedule of Distributions and Allocations of Net (Loss) Gain
Class C OP Units and Class X OP Units received the following distributions and allocations of net income (loss) during the three months ended March 31, 2026 and 2025, as follows (in thousands):
Three Months Ended
March 31,
20262025
Class C and Class X OP Units distributions paid$740 $439 
Class C and Class X OP Units net loss allocation$(208)$—