Note 3 - Investments in Real Estate (Tables)

6 Months Ended

Jun. 30, 2026

Notes Tables

Real Estate and Accumulated Depreciation By Property [Table Text Block]


		*As of June 30, 2026*				*As of December 31, 2025*				*Depreciable Lives (In years)*
Land		$	588,581			$	573,777				—
Building			5,577,785				5,450,891				40
Furniture, fixtures and equipment			631,854				571,339				5 - 10
Total investments in real estate		$	6,798,220			$	6,596,007
Accumulated depreciation			(1,029,116	)			(915,247	)
Investments in real estate, net		$	5,769,104			$	5,680,760

Schedule of Real Estate Held For Sale [Table Text Block]

Property		*Market*		*Units*				*Carrying Value*
Bella Terra at City Center		Denver, CO			304			$	49,828
Stonebridge Crossing		Memphis, TN			500				27,928
					804			$	77,756

Real Estate Acquired [Table Text Block]

Property

Date Acquired

Market

Units

Purchase Price

The Retreat at Canal

1/15/2026

Columbus, OH

140

$

29,500

Asset Acquisition [Table Text Block]

		*Fair Value of Assets and Liabilities Acquired During the*
		*Six Months Ended*
		*June 30, 2026*
Assets acquired:
Investments in real estate		$	28,923
Other assets			16
Intangible assets			753
Total assets acquired			29,692
Liabilities assumed:
Accounts payable and accrued expenses			281
Other liabilities			19
Total liabilities assumed			300
Estimated fair value of net assets acquired		$	29,392