v3.26.1
Variable Interest Entities (Tables)
6 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Consolidated Variable Interest Entities
The table below presents the carrying amounts of the assets and liabilities of the consolidated VIE, FR-ICG EVO Parent LLC, included in the Company's condensed consolidated balance sheets as of the periods presented (amounts in thousands):
As of
June 30, 2026 (unaudited)
As of
December 31, 2025
Cash and cash equivalents$528 $
Restricted cash498 
Other assets, net124 
Investments in real estate properties, net113,736 
Total VIE Assets$114,886 $
Other liabilities$633 $
Mortgages payable, net68,771 
Total VIE Liabilities$69,404 $
Total VIE Equity45,482 
Less: Non-controlling interests(396)
Company's interest in VIE, net$45,086 $