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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported on the Company’s consolidated balance sheets to such amounts shown on the Company’s consolidated statements of cash flows:

 

 

 

December 31,

 

 

 

2025

 

 

2024

 

Cash and cash equivalents

 

$

7,951

 

 

$

6,416

 

Restricted cash

 

 

468

 

 

 

480

 

Total cash, cash equivalents, and restricted cash

 

$

8,419

 

 

$

6,896

 

Schedule of Estimated Useful Lives of Assets

Cost capitalization and the estimate of useful lives require judgment and include significant estimates that can and do change. Depreciation expense is computed using the straight-line method. The Company anticipates the estimated useful lives of its assets by class to be generally:

Building and other improvements

 

30 years

Site improvements

 

5-15 years

Furniture, fixtures and equipment

 

5-15 years

Tenant improvements

 

Shorter of the life of the asset or the term of the related lease

Leasing fees

 

Term of the related lease