v3.26.1
OPERATING PARTNERSHIP UNITS (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Total Stock Compensation Expense
Stock compensation expense for the OP Unit awards and for stock issued to the Board for the three and six months ended June 30, 2026 and 2025, was as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Class X OP Units744 750 $1,488 $1,174 
Class C Common Stock issued to the Board (1)
— 60 60 120 
Total stock compensation expense$744 $810 $1,548 $1,294 
(1)Pursuant to the Merger Agreement, payment for services is now payable only in cash.
Schedule of Distributions and Allocations of Net (Loss) Gain
Class C OP Units and Class X OP Units received the following distributions and allocations of net income (loss) during the three and six months ended June 30, 2026 and 2025, as follows (in thousands):
Three Months Ended
June 30, 2026		Six Months Ended
June 30,
2026202520262025
Class C and Class X OP Units distributions paid$747 $728 $1,487 $1,167 
Class C and Class X OP Units net loss allocation$1,110 $(611)$902 $(611)