Subsequent Events |
3 Months Ended |
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Mar. 31, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Note 12 — Subsequent Events Subsequent to quarter end, we sold two properties in New York City and one property in Atlanta, Georgia, for a combined sales price of $56.5 million. Subsequent to quarter end, we received a non-refundable deposit and agreed to sell our remaining property in New York City for a sales price of $22.8 million. The sale is scheduled to close in the third quarter of 2026. Subsequent to quarter end, we sold the four properties located in San Diego, California, held by four unconsolidated real estate partnerships, with our share of the net proceeds totaling $41.9 million, net of transaction costs of $0.9 million. On April 30, 2026, we declared a liquidating distribution of $1.30 per share of Common Stock and per OP Unit, to be paid on June 3, 2026, to stockholders of record on May 15, 2026.
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