SUBSEQUENT EVENTS |
6 Months Ended |
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Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | NOTE 13 — SUBSEQUENT EVENTS In addition to subsequent events previously disclosed, the following events also occurred subsequent to June 30, 2026. Redemptions of Shares of Common Stock Subsequent to June 30, 2026, the Company redeemed approximately 1.5 million shares for $7.9 million (at an average redemption price of $5.14 per share). The remaining redemption requests received during the three months ended June 30, 2026 totaling approximately 55.0 million shares went unfulfilled. Investment and Disposition Activity Subsequent to June 30, 2026, the Company’s investment and disposition activity included the following: •Disposed of two net lease properties for a gross sales price of $4.0 million. Financing Activity Subsequent to June 30, 2026, the Company’s financing activity included the following: •Repaid $17.5 million of borrowings under the credit facility with Ally Bank. •Repaid $5.0 million of borrowings under the Company’s revolving credit facility.
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