v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Noncontrolling Interests
Total
Beginning balance, value at Dec. 31, 2024 $ 160 $ 137,405 $ (63,955) $ 11,046 $ 84,656
Beginning balance, shares (in Shares) at Dec. 31, 2024 16,109        
Net income (loss)     (4,139) (152) (4,291)
Distributions declared [1]   (2,404) [2] [2] (2,404) [2]
Contributions from noncontrolling interests       7 7
Distributions to noncontrolling interests       (44) (44)
Redemption and cancellation of shares $ (1) (1,042)     (1,043)
Redemption and cancellation of shares (in Shares) (102)        
Ending balance, value at Jun. 30, 2025 $ 159 136,363 (70,498) 10,857 76,881
Ending balance, shares (in Shares) at Jun. 30, 2025 16,007        
Beginning balance, value at Mar. 31, 2025 $ 159 136,800 (68,733) 10,857 79,083
Beginning balance, shares (in Shares) at Mar. 31, 2025 16,047        
Net income (loss)     (564) (1) (565)
Distributions declared [1]   (1,201) (1,201)
Contributions from noncontrolling interests       1 1
Redemption and cancellation of shares   (437)     (437)
Redemption and cancellation of shares (in Shares) (40)        
Ending balance, value at Jun. 30, 2025 $ 159 136,363 (70,498) 10,857 76,881
Ending balance, shares (in Shares) at Jun. 30, 2025 16,007        
Beginning balance, value at Dec. 31, 2025 $ 158 135,639 (74,801) 10,996 71,992
Beginning balance, shares (in Shares) at Dec. 31, 2025 15,941        
Net income (loss)     (7,157) 19 (7,138)
Distributions declared [2]     (2,380)   (2,380)
Contributions from noncontrolling interests       6 6
Redemption and cancellation of shares $ (1) (995)     (996)
Redemption and cancellation of shares (in Shares) (92)        
Ending balance, value at Jun. 30, 2026 $ 157 134,644 (84,338) 11,021 61,484
Ending balance, shares (in Shares) at Jun. 30, 2026 15,849        
Beginning balance, value at Mar. 31, 2026 $ 157 135,050 (83,314) 10,977 62,870
Beginning balance, shares (in Shares) at Mar. 31, 2026 15,887        
Net income (loss)     165 44 209
Distributions declared [1]     (1,189)   (1,189)
Redemption and cancellation of shares   (406)     (406)
Redemption and cancellation of shares (in Shares) (38)        
Ending balance, value at Jun. 30, 2026 $ 157 $ 134,644 $ (84,338) $ 11,021 $ 61,484
Ending balance, shares (in Shares) at Jun. 30, 2026 15,849        
[1] Distributions per share were $0.075.
[2] Distributions per share were $0.150.