v3.26.1
Noncontrolling Interests
6 Months Ended
Jun. 30, 2026
Noncontrolling Interest [Abstract]  
Noncontrolling Interests Noncontrolling Interests
The noncontrolling interest represents the third party ownership interest in TCI and Income Opportunity Realty Investors, Inc. ("IOR").
On January 12, 2026, we purchased 70,023 shares of TCI in a private transaction for a total cost of $3,886.
On January 29, 2025, TCI acquired 21,678 shares of IOR through a tender offer for a total cost of $454. In addition, TCI purchased 32,845 common shares of IOR in the open market in 2025 for a total cost of $583. During the six months ended June 30, 2026, TCI purchased an additional 23,560 shares of IOR in the open market for a total cost of $425.
We owned 79.2% and 78.4% of TCI at June 30, 2026 and December 31, 2025, respectively, which in turn owned 85.1% of IOR as of June 30, 2026 and December 31, 2025.