v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Statement of Financial Position [Abstract]    
Land and improvements $ 21,763 $ 21,763
Building and improvements 93,279 93,012
Furniture and fixtures 17,396 17,292
Construction in progress 104 53
Gross investment property 132,542 132,120
Less: accumulated depreciation (44,430) (42,881)
Net investment property 88,112 89,239
Investments in unconsolidated affiliated real estate entities 15,119 15,916
Cash and cash equivalents 3,849 4,772
Marketable securities, available for sale 6,175 6,082
Accounts receivable and other assets 2,218 1,152
Total Assets 115,473 117,161
Accounts payable and other liabilities 3,576 2,359
Mortgages payable, net 56,364 56,475
Due to related parties 4,206 3,469
Total Liabilities 64,146 62,303
Commitments and Contingencies 0 0
Preferred stock, $0.01 par value; 50.0 million shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value; 200.0 million shares authorized, 12.6 and 12.7 million shares issued and outstanding, respectively 126 127
Additional paid-in-capital 107,493 108,152
Accumulated other comprehensive loss (92) (107)
Accumulated deficit (68,292) (65,406)
Total stockholders’ equity 39,235 42,766
Noncontrolling interests 12,092 12,092
Total Equity 51,327 54,858
Total Liabilities and Equity $ 115,473 $ 117,161