v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Fair Values of Financial Instruments
For those financial instruments not carried at fair value, the carrying amount and estimated fair values of our financial assets and liabilities, were as follows as of March 31, 2026 and December 31, 2025 (in thousands):
March 31, 2026December 31, 2025
Carrying
Amount
Fair ValueCarrying
Amount
Fair Value
Debt, excluding deferred loan costs1,636,636 1,505,708 693,119 661,756 
Liabilities held for sale 1
12,991 12,538 13,021 12,643 
1 Notes payable on one community that is currently held for sale.
Schedule of Fair Value Assets Measured on Non-recurring Basis
As of March 31, 2026, the Company’s assets measured at fair value on a non-recurring basis were as follows (in thousands):

March 31, 2026December 31, 2025
Carrying
Amount
Fair ValueCarrying
Amount
Fair Value
Assets
Assets held for sale9,4599,4599,453 9,453