CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income:
Rental income	$ 153,222	$ 149,829	$ 149,636
Other property income	359	376	336
Total income	153,581	150,205	149,972
Expenses:
Property operating expenses	33,313	30,721	30,088
Real estate tax expense	18,249	17,923	18,362
General and administrative expenses	8,118	5,817	5,237
Business management fee	9,001	8,963	9,632
Depreciation and amortization	57,254	60,809	59,542
Total expenses	125,935	124,233	122,861
Other Income (Expense):
Interest expense	(39,109)	(41,272)	(42,451)
Interest and other income	416	322	217
Net loss	$ (11,047)	$ (14,978)	$ (15,123)
Net loss per common share, basic	$ (0.31)	$ (0.41)	$ (0.42)
Net loss per common share, diluted	$ (0.31)	$ (0.41)	$ (0.42)
Weighted average number of common shares outstanding, basic	36,104,556	36,123,386	36,196,672
Weighted average number of common shares outstanding, diluted	36,104,556	36,123,386	36,196,672
Comprehensive income (loss):
Net loss	$ (11,047)	$ (14,978)	$ (15,123)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax, Total	(2,274)	12,032	6,934
Reclassification adjustment for amounts included in net loss	(11,296)	(16,480)	(15,978)
Comprehensive loss	$ (24,617)	$ (19,426)	$ (24,167)