v3.26.1
Debt Obligations (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Summary of Partnership and its Subsidiaries Outstanding Debt

The following table summarizes the Partnership and its subsidiaries’ outstanding debt as of March 31, 2026:

 

Maturities of Debt

2014 Line of Credit

 

2021 Line of Credit

 

Total

 

2026 (Remaining)

$

 

$

 

$

 

2027

 

34,800,000

 

 

 

 

34,800,000

 

2028

 

 

 

 

 

 

2029

 

 

 

 

 

 

2030

 

 

 

 

 

 

Total Debt Obligations

$

34,800,000

 

$

 

$

34,800,000

 

Summary of Interest Expense and Average Interest Rate of Outstanding Debt

The following table summarizes the interest expense and average interest rate of the Partnership and its subsidiaries’ outstanding debt:

 

 

Three months ended March 31,

 

 

2026

 

2025

 

 

Interest Expense

 

Average Rate

 

Interest Expense

 

Average Rate

 

2014 Line of Credit

$

514,296

 

 

5.91

%

$

568,056

 

 

6.53

%

2021 Line of Credit

 

 

 

 

 

 

 

 

Total Debt Interest

$

514,296

 

 

 

$

568,056