SUBSEQUENT EVENT |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENT | SUBSEQUENT EVENT TRC-DP 1, LLC (the "DP1 Joint Venture) was formed on October 4, 2024 with Dedeaux Properties to develop, manage, and operate a 510,385 square foot industrial building at TRCC-East. On April 28, 2026, the Company contributed approximately 24.27 acres of land to the DP1 Joint Venture at a fair value of $9,632,423. The project is expected to be available for occupancy in the first quarter of 2027. The Company holds a 50% voting interest in the DP1 Joint Venture and participates in its governance through an executive committee with equal representation from each member. Substantially all significant operating and financial decisions require the approval of both members. Dedeaux Properties serves as the administrative member and is responsible for the day-to-day management and operations of the DP1 Joint Venture. The Company is entitled to 60% of the DP1 Joint Venture’s profits and losses.
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