v3.26.1
Investments in and Advances to Joint Ventures - Condensed Combined Statements of Operations of Unconsolidated Joint Venture Investments (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Condensed Combined Statements of Operations        
Revenues from operations $ 10,693 $ 33,470 $ 23,709 $ 76,093
Expenses from operations:        
Operating expenses 19,072 33,486 55,373 67,986
Depreciation and amortization 3,894 12,921 8,911 26,173
Other expense, net 1,777 1,383 2,771 2,239
Net (loss) income (1,304) 46,504 (366) 49,589
Company's share of equity in net (loss) income of joint ventures (433) (52) (569) 2
Basis differential adjustments (16) (16) (32) (31)
Equity in net loss of joint ventures (449) (68) (601) (29)
Unconsolidated Joint Ventures [Member]        
Condensed Combined Statements of Operations        
Revenues from operations 16,014 20,629 33,267 41,554
Expenses from operations:        
Operating expenses 4,122 4,904 8,471 10,086
Depreciation and amortization 5,769 6,340 10,914 12,384
Interest expense 7,083 8,080 14,255 16,088
Other expense, net 1,205 1,394 2,433 2,782
Total expenses 18,179 20,718 36,073 41,340
(Loss) income before loss on disposition of real estate (2,165) (89) (2,806) 214
Gain on disposition of real estate, net 0 5 0 1
Net (loss) income $ (2,165) $ (84) $ (2,806) $ 215