v3.26.1
Investments in Real Estate Ventures (Tables)
 6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments, Group of Investment Consolidated Balance Sheet at Fair Value
The following table summarizes the Company's investments in real estate ventures (in thousands):
June 30,December 31,Accounting Method
InvestmentOwnership %20262025
Investors X(1)
50.0%$85 $113 Fair Value
The Hartford(1)
2.5%483459 Fair Value
BLVD Forty Four(1)
5.0%1,7611,744 Fair Value
BLVD Ansel(1)
5.0%2,0031,972 Fair Value
The Reed(1)
9.0%4,671 — Fair Value
Woodland Pointe(1)
85.0%5,490 — Fair Value
Total investments recorded at fair value14,493 4,288 
Oklahoma JV(1)
50.0%2,847 — Equity Method
Comstock 41100.0%1,668 1,665 Consolidated
Total investments in real estate ventures$19,008 $5,953 
(1)
The Company is not deemed to be the primary beneficiary of the joint venture investment - see Note 13 for additional information
Schedule of Investments in Real Estate Ventures
The following table summarizes the activity of the Company’s unconsolidated investments in real estate ventures that are reported at fair value (in thousands):
Balance as of December 31, 2025$4,288 
Investments10,254 
Distributions(49)
Change in fair value— 
Balance as of June 30, 2026$14,493