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| | Three Months Ended March 31, |
| | 2026 | | 2025 |
| Supplemental Disclosure of Cash Flow Information | | | | |
Cash paid for interest, none of which was capitalized for the three months ended March 31, 2026 and 2025 | | $ | 1,070 | | | $ | 1,464 | |
| Non-cash bonus settlement via employee accounts receivable offset | | $ | — | | $ | 33 |
| Supplemental Disclosure of Cash Flow Information of Consolidated Funds | | | | |
Cash paid for interest, net of capitalized interest of $2 for each of the three months ended March 31, 2026 and 2025, respectively | | $ | 402 | | | $ | 667 | |
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| Supplemental Disclosures of Non-Cash Investing and Financing Activities | | | | |
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| Accounts receivable - related party eliminated in consolidation of VIEs | | $ | 234 | | | $ | — | |
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| Cost of real estate investments included in accounts payable | | $ | 63 | | | $ | — | |
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Investments in unconsolidated entities for investor buy-out | | $ | — | | | $ | 443 | |
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Corporate note rollovers | | $ | — | | | $ | 4,760 | |
| Non-cash issuance of redeemable preferred stock, net of issuance costs | | $ | 293 | | | $ | — | |
| Conversion of corporate note to common stock | | $ | 1,922 | | | $ | — | |
Conversion of corporate note to preferred stock, including warrants | | $ | 1,528 | | | $ | 350 | |
Corporate note increase due to rollovers, net of discounts | | $ | — | | | $ | 215 | |
| Non-cash issuance of convertible note and related common stock | | $ | — | | | $ | 89 | |
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| Issuance of warrants related to common stock | | $ | — | | | $ | 75 | |
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| Supplemental Disclosures of Non-Cash Investing and Financing Activities of Consolidated Funds | | | | |
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Decrease in notes receivable - related party due to payment of accounts payable | | $ | — | | | $ | 3 | |
| Cost of real estate investments included in accounts payable | | $ | 2 | | | $ | — | |
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| Consolidation of VIEs | | | | |
| Real estate investments, net | | $ | 40,498 | | | $ | — | |
| Notes receivable - related parties | | $ | 5,055 | | | $ | — | |
| Accounts receivable, net | | $ | 20 | | | $ | — | |
| Due from related parties | | $ | 995 | | | $ | — | |
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| Prepaid and other assets | | $ | 70 | | | $ | — | |
| Notes payable, net | | $ | 33,000 | | | $ | — | |
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| Accounts payable and accrued expenses | | $ | 538 | | | $ | — | |
| Due to related parties | | $ | 7 | | | $ | — | |
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| Other liabilities | | $ | 89 | | | $ | — | |
| Noncontrolling interests | | $ | 12,666 | | | $ | — | |
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