The details of the real estate debt investments are as follows ($ in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Carrying Value and Fair Value at | | | | | | | | | Collateral | | June 30, 2026 | | December 31, 2025 | | | | | | | | | | | | | | | | | | | | | | | | 110 East - Pledge of equity interest (1) Charlotte, NC, Office Building | | $ | — | | | $ | 18,218 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Neuhoff - Pledge of equity interest (2) Nashville, TN, Mixed Use Development | | 19,586 | | | 19,586 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 19,586 | | | $ | 37,804 | | | | | | | | | | |
(1) The first priority lender of the 110 East mortgage loan had a balance of $95.3 million as of December 31, 2025. (2) Reflects a loan to the Company's equity partner in the Neuhoff joint venture and is secured by such partner's 50% equity interest in the joint venture. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest Income for the Three Months Ended June 30, | | Interest Income for the Six Months Ended June 30, | | | | | Collateral | | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | | | | 110 East - Pledge of equity interest Charlotte, NC, Office Building | | | | | $ | — | | | $ | 568 | | | $ | 238 | | | $ | 1,126 | | | | | Radius - Pledge of equity interest Nashville, TN, Office Building | | | | | — | | | — | | | — | | | 1,241 | | | | | | | | | | | | | | | | | | | | Saint Ann - Pledge of asset Dallas, TX, Office Building | | | | | — | | | — | | | — | | | 350 | | | | | Neuhoff - Pledge of equity interest Nashville, TN, Mixed Use Development | | | | | 485 | | | — | | | 974 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | $ | 485 | | | $ | 568 | | | $ | 1,212 | | | $ | 2,717 | | | | |
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