v3.26.3
RELATED PARTY TRANSACTIONS - Advisory Agreement and Other (Details)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2026
USD ($)
shares
Sep. 30, 2025
USD ($)
shares
Sep. 30, 2026
USD ($)
employee
shares
Sep. 30, 2025
USD ($)
shares
Dec. 31, 2025
USD ($)
Related Party Transactions          
Number of paid employees | employee     0    
Rental Income $ 42,711 $ 40,610 $ 126,666 $ 119,085  
Sterling Office and Industrial Properties, LLLP          
Related Party Transactions          
Outstanding on principal loans 16,000   16,000   $ 10,000
Interest expense incurred 164 $ 66 215 $ 200  
Accrued interest $ 59   $ 59   39
Affiliated Entities          
Related Party Transactions          
Number of operating partnership (OP) units issued in connection with the acquisition of various properties | shares 0        
Entity Affiliated With Mr. Regan          
Related Party Transactions          
Number of operating partnership (OP) units issued in connection with the acquisition of various properties | shares   438,000   438,000  
Value of operating partnership (OP) units issued in connection with the acquisition of various properties   $ 10,518   $ 10,518  
Entity Affiliated With Messrs Regan And Wieland          
Related Party Transactions          
Number of operating partnership (OP) units issued in connection with the acquisition of various properties | shares     158,000    
Value of operating partnership (OP) units issued in connection with the acquisition of various properties     $ 4,017    
GOLDMARK Commercial Real Estate, Inc          
Related Party Transactions          
Real estate commissions $ 0 100 456 100  
Real estate commissions outstanding 0   0   0
Sterling Management, LLC          
Related Party Transactions          
Rental Income 36 35 105 103  
GOLDMARK Property Management, Inc.          
Related Party Transactions          
Real estate commissions 0 0 100 0  
Real estate commissions outstanding 0   0   0
Rental Income 73 72 216 212  
Bell Bank          
Related Party Transactions          
Rental Income 328 321 981 961  
Outstanding on principal loans 76,586   76,586   53,797
Interest expense incurred 926 596 2,398 1,756  
Accrued interest 183   183   128
Total premiums paid 0 0 63 65  
Outstanding liabilities 0   0   0
Advisory Agreement          
Related Party Transactions          
Advisory fees 1,247 1,160 3,693 3,417  
Acquisition fees   375 416 375  
Disposition fees 58   58    
Financing fees 18 44 147 75  
Project Management fees 340 429 1,128 852  
Advisory fees payable 43   43   20
Development fees payable 206   206   115
Project Management fee payable 60   60    
Business Operations          
Related Party Transactions          
Costs and expenditures incurred due to construction in progress     352   616
Mezzanine Financing          
Related Party Transactions          
Aggregate amount of financing issued as of the end of the reporting period 2,294   2,294   $ 2,294
Interest income $ 65 $ 121 $ 194 $ 407