v3.26.1
Redeemable Common Shares and Non-Controlling Interest (Tables)
3 Months Ended
Mar. 31, 2026
Noncontrolling Interest [Abstract]  
Outstanding Shares of Redeemable Common Shares The following table summarizes the changes in the Company's outstanding redeemable common shares for the three months ended March 31, 2026 and 2025:

 

 

 

For the Three Months Ended March 31,

 

 

2026

 

 

2025

 

Balance at the beginning of the year

 

 

1,225,000

 

 

 

1,225,000

 

Issuance of common shares

 

 

67,859

 

 

 

 

Repurchase of common shares

 

 

(67,859

)

 

 

 

Ending Balance

 

 

1,225,000

 

 

 

1,225,000

 

Activity of Redeemable Non-controlling Interest

The following table details the activity of redeemable non-controlling interests related to the Special Limited Partner for the three months ended March 31, 2026 and 2025:

 

 

 

For the Three Months Ended March 31,

 

 

2026

 

 

2025

 

Balance at the beginning of the year

 

$

514

 

 

$

505

 

Issuance

 

 

-

 

 

 

-

 

GAAP income allocation

 

 

(1

)

 

 

4

 

Distributions

 

 

(12

)

 

 

(8

)

Fair value allocation

 

 

18

 

 

 

6

 

Ending Balance

 

$

519

 

 

$

507