v3.26.1
Redeemable Equity Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Stock by Class
The following table details the movement in our Class N redeemable common stock activity with MassMutual for the three and six months ended June 30, 2026 and 2025:
Total
Balance at December 31, 202515,222,610 
Distribution reinvestment196,229 
Balance at March 31, 202615,418,839 
Distribution reinvestment198,888 
Balance at June 30, 202615,617,727 
Balance at December 31, 202414,466,761 
Distribution reinvestment182,884 
Balance at March 31, 202514,649,645 
Distribution reinvestment187,401 
Balance at June 30, 202514,837,046 
Schedule of Redeemable Non-Controlling Interest
The following table details the non-controlling interest activity related to the Special Limited Partner:
Three Months Ended June 30,Six Months Ended June 30,
in thousands2026202520262025
Common stock repurchased$— $(859)$— $(1,724)
Net income (loss)(1)37 (1)55 
INREIT OP unit distributions(2)(8)(2)(30)
Issuance of Class E OP Units to non-controlling interests— — 150 — 
Adjustment to carrying value of redeemable equity instruments— (35)— (35)