ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2025

ACCUMULATED OTHER COMPREHENSIVE LOSS

Summary of changes in accumulated other comprehensive loss by component

Accumulated other comprehensive loss represents unrealized losses on interest rate swaps (see note 10). The following table summarizes the changes in accumulated other comprehensive loss for the years ended December 31, 2025 and 2024.

	Year ended December 31,
	2025		2024
	(in thousands)
Beginning balance	$	(332)	$	(413)
Reclassification of realized losses on interest rate swaps (1)		81		81
Ending balance		(251)		(332)
Less: portion included in noncontrolling interests in the Operating Partnership		2		2
Total accumulated other comprehensive loss included in equity as of December 31, 2025	$	(249)	$	(330)

(1) See note 10 for additional information about the effects of the amounts reclassified.