v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements  
Schedule of Assets Measured at Fair Value on a Recurring Basis The following table details the Company’s assets measured at fair value on a recurring basis:

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Level 2

 

 

Level 3

 

 

Level 2

 

 

Level 3

 

Interest rate swap contracts

 

$

 

 

$

 

 

$

(51

)

 

$

 

Schedule of Financial Assets and Liabilities Not Measured at Fair Value The following table summarizes the carrying amounts and fair value of these financial instruments as of the dates set forth below.

 

 

As of June 30, 2026

 

 

As of December 31, 2025

 

 

Carrying
amount

 

 

Fair value

 

 

Carrying
amount

 

 

Fair value

 

Mortgages payable

 

$

875,286

 

 

$

801,310

 

 

$

917,655

 

 

$

840,792

 

Revolving credit facility

 

 

26,018

 

 

 

26,018

 

 

 

28,590

 

 

 

28,590

 

Aggregation facility

 

 

95,089

 

 

 

95,089

 

 

 

 

 

 

 

Unamortized deferred financing costs

 

 

(12,694

)

 

 

 

 

 

(14,125

)

 

 

 

Total

 

$

983,699

 

 

$

922,417

 

 

$

932,120

 

 

$

869,382