v3.26.1
Discontinued Operations - Schedule of Major Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Total assets of discontinued operations $ 189,913 $ 800,536
Disposed of by sale, discontinued operations    
ASSETS    
Net real estate investments 160,011 616,830
Cash and cash equivalents 7,839 10,210
Restricted cash 5,499 1,608
Accounts receivable, net 111 1,448
Notes receivable, net 14,380 128,674
Construction receivables, including retentions, net   19,337
Construction contract costs and estimated earnings in excess of billings   3,666
Finance leases right-of-use assets, net   9,934
Acquired lease intangible assets, net 452 1,198
Other assets 1,621 7,631
Total assets of discontinued operations 189,913 800,536
LIABILITIES    
Indebtedness, net 76,288 242,171
Accounts payable and accrued liabilities 4,372 3,372
Construction payables, including retentions   26,950
Billings in excess of construction contract costs and estimated earnings   3,474
Finance lease liabilities   8,642
Other liabilities 351 1,893
Total liabilities of discontinued operations 81,011 286,502
Disposed of by sale, discontinued operations | General Contracting and Real Estate Services    
ASSETS    
Net real estate investments 0 185
Cash and cash equivalents 0 1,802
Restricted cash 0 0
Accounts receivable, net 0 19
Notes receivable, net 0 0
Construction receivables, including retentions, net   19,337
Construction contract costs and estimated earnings in excess of billings   3,666
Finance leases right-of-use assets, net   0
Acquired lease intangible assets, net 0 0
Other assets 0 4,951
Total assets of discontinued operations 0 29,960
LIABILITIES    
Indebtedness, net 0 0
Accounts payable and accrued liabilities 0 0
Construction payables, including retentions   26,950
Billings in excess of construction contract costs and estimated earnings   3,474
Finance lease liabilities   0
Other liabilities 0 175
Total liabilities of discontinued operations 0 30,599
Disposed of by sale, discontinued operations | Multifamily Real Estate    
ASSETS    
Net real estate investments 160,011 616,645
Cash and cash equivalents 7,839 8,408
Restricted cash 5,499 1,608
Accounts receivable, net 111 1,429
Notes receivable, net 0 0
Construction receivables, including retentions, net   0
Construction contract costs and estimated earnings in excess of billings   0
Finance leases right-of-use assets, net   9,934
Acquired lease intangible assets, net 452 1,198
Other assets 1,621 2,680
Total assets of discontinued operations 175,533 641,902
LIABILITIES    
Indebtedness, net 76,288 242,171
Accounts payable and accrued liabilities 4,372 3,372
Construction payables, including retentions   0
Billings in excess of construction contract costs and estimated earnings   0
Finance lease liabilities   8,642
Other liabilities 351 1,708
Total liabilities of discontinued operations 81,011 255,893
Disposed of by sale, discontinued operations | Real Estate Financing    
ASSETS    
Net real estate investments 0 0
Cash and cash equivalents 0 0
Restricted cash 0 0
Accounts receivable, net 0 0
Notes receivable, net 14,380 128,674
Construction receivables, including retentions, net   0
Construction contract costs and estimated earnings in excess of billings   0
Finance leases right-of-use assets, net   0
Acquired lease intangible assets, net 0 0
Other assets 0 0
Total assets of discontinued operations 14,380 128,674
LIABILITIES    
Indebtedness, net 0 0
Accounts payable and accrued liabilities 0 0
Construction payables, including retentions   0
Billings in excess of construction contract costs and estimated earnings   0
Finance lease liabilities   0
Other liabilities 0 10
Total liabilities of discontinued operations $ 0 $ 10