v3.26.1
Investments in Real Estate Ventures (Tables)
3 Months Ended
Mar. 31, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments, Group of Investment Consolidated Balance Sheet at Fair Value
The following table summarizes the Company's investments in real estate ventures (in thousands):
March 31,December 31,
InvestmentOwnership %20262025Accounting Method
Investors X50.0%$116 $113 Fair Value
The Hartford2.5%460459 Fair Value
BLVD Forty Four5.0%1,6911,744 Fair Value
BLVD Ansel5.0%2,0071,972 Fair Value
The Reed9.0%4,618 — Fair Value
Total investments recorded at fair value8,892 4,288 
Comstock 41100.0%1,668 1,665 Consolidated
Total investments in real estate ventures$10,560 $5,953 
Schedule of Investments in Real Estate Ventures
The following table summarizes the activity of the Company’s unconsolidated investments in real estate ventures that are reported at fair value (in thousands):
Balance as of December 31, 2025$4,288 
Investments4,618 
Distributions— 
Change in fair value(14)
Balance as of March 31, 2026$8,892