The gross carrying amount and accumulated depreciation and amortization of the Company’s investments in real estate consisted of the following as of March 31, 2026 and December 31, 2025 ($ in thousands):


	March 31, 2026			December 31, 2025
Building and building improvements	$	266,116		$	266,116
Land and land improvements		112,136			112,136
Construction in progress		8,938			8,938
Right-of-use asset - finance lease		103,158			103,158
Leasehold improvements		109			109
Total		490,457			490,457
Accumulated depreciation and amortization		(16,907	)		(14,132	)
Investment in real estate, net	$	473,550		$	476,325

During the three months ended March 31, 2026 and 2025, the Company did not acquire or dispose of any real estate investments.