v3.26.1
Investment in Developmental Real Estate, Net (Tables)
6 Months Ended
Jun. 30, 2026
Real Estate Investments, Net [Abstract]  
Schedule of investment in rental real estate
As of June 30, 2026 and December 31, 2025, investment in developmental real estate, net consisted of the following:
As of June 30, 2026As of December 31, 2025
(in thousands)CostAccumulated DepreciationNet investmentCostAccumulated DepreciationNet investment
Land and land improvements$8,350 $— $8,350 $8,392 $(15)$8,377 
Building19,563 (9)19,554 1,346 (4)1,342 
Construction in progress17,664 (32)17,632 — — — 
Total$45,577 $(41)$45,536 $9,738 $(19)$9,719