v3.26.3
Investments in and Advances to Joint Ventures - Condensed Combined Statements of Operations of Unconsolidated Joint Venture Investments (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Condensed Combined Statements of Operations        
Revenues from operations $ 8,562 $ 27,100 $ 32,271 $ 103,193
Expenses from operations:        
Operating expenses 15,786 137,033 71,159 205,019
Depreciation and amortization 2,432 10,768 11,343 36,941
Net (loss) income (5,394) (6,158) (5,760) 43,431
Company's share of equity in net loss of joint ventures (131) (483) (700) (481)
Basis differential adjustments (16) (16) (48) (47)
Equity in net loss of joint ventures (147) (499) (748) (528)
Unconsolidated Joint Ventures [Member]        
Condensed Combined Statements of Operations        
Revenues from operations 16,464 19,545 49,731 61,099
Expenses from operations:        
Operating expenses 4,015 4,824 12,486 14,910
Depreciation and amortization 4,899 6,826 15,813 19,210
Interest expense 7,137 8,152 21,392 24,240
Other expense, net 1,068 1,382 3,501 4,164
Total expenses 17,119 21,184 53,192 62,524
Loss before gain on disposition of real estate (655) (1,639) (3,461) (1,425)
Gain on disposition of real estate, net 0 0 0 1
Net (loss) income $ (655) $ (1,639) $ (3,461) $ (1,424)