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INVESTMENT IN UNCONSOLIDATED VENTURES - Balance Sheet Information (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
ASSETS      
Real estate properties, net of accumulated depreciation of $81,843 and $69,970 $ 615,915 $ 635,836  
Cash and cash equivalents 27,856 23,512  
Other Assets 17,460 15,741  
Total Assets 713,463 709,963  
Liabilities:      
Mortgages payable, net of deferred costs of $837 and $1,135 446,471 422,427  
Total Liabilities 508,549 481,518  
Commitments and contingencies  
Equity:      
Total unconsolidated joint venture equity 204,914 228,445 $ 250,070
Total Liabilities and Equity 713,463 709,963  
Real estate properties, net of accumulated depreciation 106,425 80,499  
Deferred costs 4,247 4,266  
Real estate properties, net 615,915 635,836  
Asset under Construction      
ASSETS      
Real estate properties, net of accumulated depreciation of $81,843 and $69,970   46,509  
Equity:      
Real estate properties, net   46,509  
Unconsolidated Joint Ventures      
ASSETS      
Real estate properties, net of accumulated depreciation of $81,843 and $69,970 318,594 275,874  
Cash and cash equivalents 5,549 6,447  
Other Assets 5,567 54,715  
Total Assets 329,710 337,036  
Liabilities:      
Mortgages payable, net of deferred costs of $837 and $1,135 251,112 246,966  
Accounts payable, accrued and other liabilities 5,148 8,751  
Total Liabilities 256,260 255,717  
Commitments and contingencies  
Equity:      
Total unconsolidated joint venture equity 73,450 81,319  
Total Liabilities and Equity 329,710 337,036  
Company equity interest in all joint venture equity 31,344 34,242  
Real estate properties, net of accumulated depreciation 81,843 69,970  
Real estate properties, net 318,594 275,874  
Mortgages payable | Unconsolidated Joint Ventures      
Equity:      
Deferred costs $ 837 $ 1,135