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Income Taxes - Reconciliation of Tax Provision (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Total      
U.S. federal statutory income tax rate $ 21,149 $ 10,456 $ 18,260
Federal tax impact of REIT election (21,163) (10,129) (17,315)
Other (133) 15 (188)
Change in valuation allowance (1,653) (114) (1,235)
Domestic state and local income taxes, net of federal effect 569 1,313 795
Total income tax expense (benefit) $ (1,231) $ 1,541 $ 317
%      
U.S. federal statutory income tax rate 21.00% 21.00% 21.00%
Federal tax impact of REIT election (21.00%) (20.30%) (19.90%)
Other (0.10%) 0.00% (0.20%)
Change in valuation allowance (1.60%) (0.20%) (1.40%)
Domestic state and local income taxes, net of federal effect 0.50% 2.60% 0.90%
Total income tax expense (benefit) (1.20%) 3.10% 0.40%