Fair Value (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

The following table summarizes the carrying values and the estimated fair values of the financial instruments (in thousands):

	December 31, 2024				December 31, 2023
	Carrying		Estimated		Carrying		Estimated
	Value		Value		Value		Value
Financial assets:
Cash and cash equivalents	$	29,380	$	29,380	$	27,913	$	27,913
Restricted cash		143		143		1,400		1,400
Rent and other receivables		1,285		1,285		569		569
Financial liabilities:
Dividends payable	$	1,601	$	1,601	$	1,333	$	1,333
Accounts payable and accrued expenses		5,800		5,800		5,234		5,234
Secured revolving credit facility		18,400		18,400		40,000		40,000
Term loan payable		—		—		50,000		50,000
Mortgage notes payable		486,822		455,082		379,187		345,009