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SCHEDULE III - REAL ESTATE PROPERTIES AND ACCUMULATED DEPRECIATION (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
Real estate properties and accumulated depreciation  
Encumbrances $ 451,309
Initial Cost to Company  
Land 74,246
Buildings and Improvements 616,979
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 31,117
Gross Amount At Which Carried at December 31, 2024  
Land 74,246
Buildings and Improvements 648,094
Total 722,340
Accumulated Depreciation 106,425
Commercial | Yonkers, NY.  
Real estate properties and accumulated depreciation  
Encumbrances 0
Initial Cost to Company  
Land 0
Buildings and Improvements 4,033
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 287
Gross Amount At Which Carried at December 31, 2024  
Land 0
Buildings and Improvements 4,320
Total 4,320
Accumulated Depreciation $ 2,640
Depreciation Life 39 years
Multi-Family Residential | North Charleston, SC  
Real estate properties and accumulated depreciation  
Encumbrances $ 21,173
Initial Cost to Company  
Land 2,435
Buildings and Improvements 18,970
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 2,025
Gross Amount At Which Carried at December 31, 2024  
Land 2,435
Buildings and Improvements 20,994
Total 23,429
Accumulated Depreciation $ 9,044
Depreciation Life 30 years
Multi-Family Residential | Decatur, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 0
Initial Cost to Company  
Land 1,698
Buildings and Improvements 8,676
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 3,251
Gross Amount At Which Carried at December 31, 2024  
Land 1,698
Buildings and Improvements 11,927
Total 13,625
Accumulated Depreciation $ 5,175
Depreciation Life 30 years
Multi-Family Residential | Columbus, OH  
Real estate properties and accumulated depreciation  
Encumbrances $ 8,202
Initial Cost to Company  
Land 1,372
Buildings and Improvements 12,678
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 960
Gross Amount At Which Carried at December 31, 2024  
Land 1,372
Buildings and Improvements 13,638
Total 15,010
Accumulated Depreciation $ 5,454
Depreciation Life 30 years
Multi-Family Residential | Pensacola, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 0
Initial Cost to Company  
Land 2,758
Buildings and Improvements 25,192
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 2,387
Gross Amount At Which Carried at December 31, 2024  
Land 2,758
Buildings and Improvements 27,579
Total 30,337
Accumulated Depreciation $ 9,639
Depreciation Life 30 years
Multi-Family Residential | San Marcos, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 15,628
Initial Cost to Company  
Land 2,303
Buildings and Improvements 17,309
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 933
Gross Amount At Which Carried at December 31, 2024  
Land 2,303
Buildings and Improvements 18,242
Total 20,545
Accumulated Depreciation $ 3,958
Depreciation Life 30 years
Multi-Family Residential | LaGrange, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 27,375
Initial Cost to Company  
Land 832
Buildings and Improvements 21,969
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,240
Gross Amount At Which Carried at December 31, 2024  
Land 832
Buildings and Improvements 23,209
Total 24,041
Accumulated Depreciation $ 7,517
Depreciation Life 30 years
Multi-Family Residential | Fredericksburg, VA  
Real estate properties and accumulated depreciation  
Encumbrances $ 24,764
Initial Cost to Company  
Land 7,540
Buildings and Improvements 32,316
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 2,865
Gross Amount At Which Carried at December 31, 2024  
Land 7,540
Buildings and Improvements 35,181
Total 42,721
Accumulated Depreciation $ 8,825
Depreciation Life 30 years
Multi-Family Residential | Nashville, TN  
Real estate properties and accumulated depreciation  
Encumbrances $ 52,000
Initial Cost to Company  
Land 6,172
Buildings and Improvements 77,532
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,289
Gross Amount At Which Carried at December 31, 2024  
Land 6,172
Buildings and Improvements 78,821
Total 84,993
Accumulated Depreciation $ 10,296
Depreciation Life 30 years
Multi-Family Residential | Greenville, SC  
Real estate properties and accumulated depreciation  
Encumbrances $ 25,999
Initial Cost to Company  
Land 4,033
Buildings and Improvements 34,064
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,143
Gross Amount At Which Carried at December 31, 2024  
Land 4,033
Buildings and Improvements 35,207
Total 39,240
Accumulated Depreciation $ 4,429
Depreciation Life 30 years
Multi-Family Residential | Nashville, TN  
Real estate properties and accumulated depreciation  
Encumbrances $ 37,680
Initial Cost to Company  
Land 9,679
Buildings and Improvements 29,114
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 2,983
Gross Amount At Which Carried at December 31, 2024  
Land 9,679
Buildings and Improvements 32,097
Total 41,776
Accumulated Depreciation $ 3,887
Depreciation Life 30 years
Multi-Family Residential | San Antonio, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 26,920
Initial Cost to Company  
Land 3,336
Buildings and Improvements 33,437
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 522
Gross Amount At Which Carried at December 31, 2024  
Land 3,336
Buildings and Improvements 33,959
Total 37,295
Accumulated Depreciation $ 3,902
Depreciation Life 30 years
Multi-Family Residential | Creve Coeur, MO  
Real estate properties and accumulated depreciation  
Encumbrances $ 29,700
Initial Cost to Company  
Land 5,466
Buildings and Improvements 30,796
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 462
Gross Amount At Which Carried at December 31, 2024  
Land 5,466
Buildings and Improvements 31,258
Total 36,724
Accumulated Depreciation $ 3,392
Depreciation Life 30 years
Multi-Family Residential | Tallahassee, FL  
Real estate properties and accumulated depreciation  
Encumbrances $ 20,708
Initial Cost to Company  
Land 3,398
Buildings and Improvements 27,167
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 736
Gross Amount At Which Carried at December 31, 2024  
Land 3,398
Buildings and Improvements 27,903
Total 31,301
Accumulated Depreciation $ 3,004
Depreciation Life 30 years
Multi-Family Residential | Huntsville, AL  
Real estate properties and accumulated depreciation  
Encumbrances $ 18,952
Initial Cost to Company  
Land 1,959
Buildings and Improvements 20,079
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,391
Gross Amount At Which Carried at December 31, 2024  
Land 1,959
Buildings and Improvements 21,470
Total 23,429
Accumulated Depreciation $ 2,232
Depreciation Life 30 years
Multi-Family Residential | Boerne, TX  
Real estate properties and accumulated depreciation  
Encumbrances $ 7,576
Initial Cost to Company  
Land 1,289
Buildings and Improvements 12,984
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 493
Gross Amount At Which Carried at December 31, 2024  
Land 1,289
Buildings and Improvements 13,477
Total 14,766
Accumulated Depreciation $ 1,337
Depreciation Life 30 years
Multi-Family Residential | Macon, GA  
Real estate properties and accumulated depreciation  
Encumbrances $ 9,816
Initial Cost to Company  
Land 2,866
Buildings and Improvements 16,423
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 218
Gross Amount At Which Carried at December 31, 2024  
Land 2,866
Buildings and Improvements 16,641
Total 19,507
Accumulated Depreciation $ 1,638
Depreciation Life 30 years
Multi-Family Residential | Southaven, MS, Property One  
Real estate properties and accumulated depreciation  
Encumbrances $ 26,191
Initial Cost to Company  
Land 3,646
Buildings and Improvements 45,535
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 2,002
Gross Amount At Which Carried at December 31, 2024  
Land 3,646
Buildings and Improvements 47,536
Total 51,182
Accumulated Depreciation $ 4,837
Depreciation Life 30 years
Multi-Family Residential | Southaven, MS, Property Two  
Real estate properties and accumulated depreciation  
Encumbrances $ 28,707
Initial Cost to Company  
Land 3,847
Buildings and Improvements 46,433
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 2,075
Gross Amount At Which Carried at December 31, 2024  
Land 3,847
Buildings and Improvements 48,508
Total 52,355
Accumulated Depreciation $ 4,992
Depreciation Life 30 years
Multi-Family Residential | Wilmington, NC  
Real estate properties and accumulated depreciation  
Encumbrances $ 23,160
Initial Cost to Company  
Land 3,468
Buildings and Improvements 37,311
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,597
Gross Amount At Which Carried at December 31, 2024  
Land 3,468
Buildings and Improvements 38,908
Total 42,376
Accumulated Depreciation $ 3,955
Depreciation Life 30 years
Multi-Family Residential | Trussville, AL  
Real estate properties and accumulated depreciation  
Encumbrances $ 32,250
Initial Cost to Company  
Land 4,095
Buildings and Improvements 42,943
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,109
Gross Amount At Which Carried at December 31, 2024  
Land 4,095
Buildings and Improvements 44,052
Total 48,147
Accumulated Depreciation $ 4,063
Depreciation Life 30 years
Multi-Family Residential | Madison, AL  
Real estate properties and accumulated depreciation  
Encumbrances $ 14,508
Initial Cost to Company  
Land 2,054
Buildings and Improvements 22,018
Costs Capitalized Subsequent to Acquisition  
Land 0
Improvements 1,149
Gross Amount At Which Carried at December 31, 2024  
Land 2,054
Buildings and Improvements 23,167
Total 25,221
Accumulated Depreciation $ 2,209
Depreciation Life 30 years