v3.26.1
Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt Obligations
Debt obligations consist of the following (dollars in thousands):
  June 30, 2026December 31, 2025
Mortgages payable$473,486 $475,697 
Junior subordinated notes37,400 37,400 
Credit facility — — 
Deferred financing costs (1)(4,341)(4,831)
Total debt obligations, net of deferred costs$506,545 $508,266 
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(1) Excludes $167 and $236 of deferred financing costs related to the credit facility which are reflected in other assets at June 30, 2026 and December 31, 2025, respectively.