v3.26.1
Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Fair Values of Financial Instruments Measured
The carrying amounts and fair values of the Company’s financial instruments as of June 30, 2026 and December 31, 2025 were as follows (in thousands): 
June 30, 2026December 31, 2025
Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
Indebtedness, net(1)
$960,227 $962,179 $1,289,056 $1,288,947 
Liabilities of discontinued operations(2)(3)
76,873 74,957 243,658 231,823 
Notes receivable, net9,233 9,233 — — 
Assets of discontinued operations(4)
14,380 14,380 128,674 128,674 
Interest rate swaps, net
3,897 3,897 7,932 7,932 
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(1) Excludes $4.4 million and $5.1 million of deferred financing costs as of June 30, 2026 and December 31, 2025, respectively.
(2) Liabilities of discontinued operations represent mortgages payable secured by assets presented as discontinued operations.
(3) Excludes $0.6 million and $1.5 million of deferred financing costs as of June 30, 2026 and December 31, 2025, respectively.
(4) Assets of discontinued operations represents notes receivable presented as discontinued operations.