v3.26.1
Mezzanine Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Redeemable Noncontrolling Interest

The following table sets forth the redeemable noncontrolling interests in the OP for the six months ended June 30, 2026 and 2025 (in thousands):

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Redeemable noncontrolling interest in the OP, January 1,

 

$

309

 

 

$

 

Redeemable noncontrolling interests from NHT Merger

 

 

 

 

 

359

 

Net loss attributable to redeemable noncontrolling interests in the OP

 

 

(9

)

 

 

(20

)

Distributions to redeemable noncontrolling interests in the OP

 

 

(6

)

 

 

(3

)

Redeemable noncontrolling interest in the OP, June 30,

 

$

294

 

 

$

336

 

 

The following table sets forth the redeemable Series B Preferred Shares for the six months ended June 30, 2026 and 2025 (in thousands):

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Redeemable Series B Preferred Shares, January 1,

 

$

20,379

 

 

$

 

Subscriptions

 

 

21,517

 

 

 

3,171

 

Accretion to redemption value

 

 

 

 

 

 

Redemptions

 

 

(71

)

 

 

 

Redeemable Series B Preferred Shares, June 30,

 

$

41,825

 

 

$

3,171