v3.26.1
Related Party Transactions - Schedule of fees incurred associated with related parties (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Schedule Of Fees Incurred Associated With Related Parties Abstract    
Asset management fees (general and administrative costs) $ 496 $ 489
Property management fees (property operating expenses) 80 78
Development fees and cost reimbursement [1] 0 50
Total $ 576 $ 617
[1] Development fees and the reimbursement of development-related costs that the Company pays to the Advisor and its affiliates are capitalized and are included in the carrying value of the associated development project which are classified as development projects on the consolidated balance sheets until construction is substantially completed. Once construction is substantially completed these amounts are recorded as property operating expenses.