v3.26.1
Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis
The following table summarizes the Company’s financial instruments measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025, and presents the fair value hierarchy of the inputs used to determine such fair values (amounts in thousands). No quantitative information regarding significant unobservable inputs used in Level 3 fair value measurements is disclosed as no individual Level 3 investment is material to the Company.

As of June 30, 2026
Assets:Level 1Level 2Level 3Total
Equity securities$19,082 $- $802 $19,884 
Derivative financial instruments$- $105 $3 $108 
Total$19,082 $105 $805 $19,992 

As of December 31, 2025
Assets:Level 1Level 2Level 3Total
Equity securities$- $- $1,163 $1,163 
Derivative financial instruments$- $6 $16 $22 
Total$- $6 $1,179 $1,185 
Schedule of Carrying Amounts and Fair Values of Other Financial Instruments As of June 30, 2026 and December 31, 2025, the carrying amounts and fair values of other financial instruments were as follows (amounts in thousands):
As of June 30, 2026As of December 31, 2025
Carrying AmountFair ValueCarrying AmountFair Value
Assets:
Investments in real estate debt
   Amounts maturing within one year$2,475 $2,475 $2,475 $2,475 
   Amounts maturing after one year through five years10,469 10,481 10,141 10,155 
Total assets$12,944 $12,956 $12,616 $12,630 
Liabilities:
Mortgages payable and credit facility$207,697 $207,969 $75,219 $75,801 
Total liabilities$207,697 $207,969 $75,219 $75,801