v3.26.3
Fair Value Measurement (Tables)
 9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Carried at Fair Value Measured on Recurring Basis as of September 30, 2026 or December 31, 2025 according to the valuation technique utilized to determine their fair values.
Fair Value Measurements at September 30, 2026
(in thousands)Carrying ValueLevel 1Level 2Level 3
Assets:
Special Beneficial Interest$9,500 $— $— $9,500 
Total recorded at fair value$9,500 $— $— $9,500 

Fair Value Measurements at December 31, 2025
(in thousands)Carrying ValueLevel 1Level 2Level 3
Assets:
Receivable due from unconsolidated affiliate$97,000 $— $— $97,000 
Total recorded at fair value$97,000 $— $— $97,000 
The Company had no assets or liabilities Level 3 fair value measurements during the nine months ended September 30, 2025. A reconciliation of the change in the carrying value of the Company's Level 3 fair value measurement during the nine months ended September 30, 2026 is as follows:
Nine months ended September 30, 2026
Balance at January 1st$97,000 
Change in fair value of receivable due from unconsolidated affiliate(58,000)
Distribution received(29,803)
9,197 
Change in fair value of receivable due from unconsolidated affiliate303 
Balance at September 30th$9,500