v3.26.3
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2024 16,146,546          
Balance at Dec. 31, 2024 $ 160 $ 89,938 $ (95,507) $ (5,409) $ (8,821) $ (14,230)
Amortization of LTIP grants         1,143 1,143
Dividends and distributions 0 0 (1,534) (1,534)   (4,614)
Dividends and distributions         (3,080)  
Net loss 0 0 (13,347) (13,347) (21,756) (35,103)
Reallocation of noncontrolling interests $ 0 214 0 214 (214) 0
Balance (in shares) at Mar. 31, 2025 16,146,546          
Balance at Mar. 31, 2025 $ 160 90,152 (110,388) (20,076) (32,728) (52,804)
Balance (in shares) at Dec. 31, 2024 16,146,546          
Balance at Dec. 31, 2024 $ 160 89,938 (95,507) (5,409) (8,821) (14,230)
Net loss           (41,066)
Balance (in shares) at Sep. 30, 2025 16,146,546          
Balance at Sep. 30, 2025 $ 160 90,531 (115,723) (25,032) (40,808) (65,840)
Balance (in shares) at Mar. 31, 2025 16,146,546          
Balance at Mar. 31, 2025 $ 160 90,152 (110,388) (20,076) (32,728) (52,804)
Amortization of LTIP grants $ 0 0 0 0 1,078 1,078
Redemption of LTIP grants (in shares) 0          
Dividends and distributions $ 0 0 (1,534) (1,534)   (4,614)
Dividends and distributions         (3,080)  
Net loss 0 0 (516) (516) (840) (1,356)
Reallocation of noncontrolling interests $ 0 190 0 190 (190) 0
Balance (in shares) at Jun. 30, 2025 16,146,546          
Balance at Jun. 30, 2025 $ 160 90,342 (112,438) (21,936) (35,760) (57,696)
Amortization of LTIP grants $ 0 0 0 0 1,077 1,077
Redemption of LTIP grants (in shares) 0          
Dividends and distributions $ 0 0 (1,534) (1,534)   (4,614)
Dividends and distributions         (3,080)  
Net loss 0 0 (1,751) (1,751) (2,856) (4,607)
Reallocation of noncontrolling interests $ 0 189 0 189 (189) 0
Balance (in shares) at Sep. 30, 2025 16,146,546          
Balance at Sep. 30, 2025 $ 160 90,531 (115,723) (25,032) (40,808) (65,840)
Balance (in shares) at Dec. 31, 2025 16,146,546          
Balance at Dec. 31, 2025 $ 160 90,677 (121,543) (30,706) (50,048) (80,754)
Amortization of LTIP grants $ 0 0 0 0 1,086 1,086
Redemption of LTIP grants (in shares) 11,020          
Dividends and distributions $ 0 0 (1,535) (1,535)   (4,712)
Dividends and distributions         (3,177)  
Net loss 0 0 (4,238) (4,238) (6,906) (11,144)
Reallocation of noncontrolling interests $ 0 142 0 142 (142)  
Balance (in shares) at Mar. 31, 2026 16,157,566          
Balance at Mar. 31, 2026 $ 160 90,819 (127,316) (36,337) (59,187) (95,524)
Balance (in shares) at Dec. 31, 2025 16,146,546          
Balance at Dec. 31, 2025 $ 160 90,677 (121,543) (30,706) (50,048) (80,754)
Net loss           (23,321)
Balance (in shares) at Sep. 30, 2026 16,157,566          
Balance at Sep. 30, 2026 $ 160 91,146 (135,018) (43,712) (71,198) (114,910)
Balance (in shares) at Mar. 31, 2026 16,157,566          
Balance at Mar. 31, 2026 $ 160 90,819 (127,316) (36,337) (59,187) (95,524)
Amortization of LTIP grants $ 0 0 0 0 1,086 1,086
Redemption of LTIP grants (in shares) 0          
Dividends and distributions $ 0 0 (1,535) (1,535)   (4,690)
Dividends and distributions         (3,155)  
Net loss 0 0 (2,383) (2,383) (3,882) (6,265)
Reallocation of noncontrolling interests $ 0 164 0 164 (164) 0
Balance (in shares) at Jun. 30, 2026 16,157,566          
Balance at Jun. 30, 2026 $ 160 90,983 (131,234) (40,091) (65,302) (105,393)
Amortization of LTIP grants $ 0 0 0 0 1,086 1,086
Redemption of LTIP grants (in shares) 0          
Dividends and distributions $ 0 0 (1,535) (1,535)   (4,691)
Dividends and distributions         (3,156)  
Net loss 0 0 (2,249) (2,249) (3,663) (5,912)
Reallocation of noncontrolling interests $ 0 163 0 163 (163) 0
Balance (in shares) at Sep. 30, 2026 16,157,566          
Balance at Sep. 30, 2026 $ 160 $ 91,146 $ (135,018) $ (43,712) $ (71,198) $ (114,910)