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Equity Method Investment (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
A summary of Harbor Point Parcel 3's condensed financial data derived from the balance sheet are as follows ($ in thousands):
December 31,
Condensed Balance Sheet20242023
Current assets$1,393 $26 
Noncurrent assets275,513 245,760 
Current liabilities37,289 61,872 
Noncurrent liabilities162,329 106,626 
Total equity77,288 77,288 
Company's share of accumulated equity38,644 38,644 
Capitalized interest and other costs
7,777 4,265 
Profit elimination, net of portion related to the Company's interest(2,694)(2,162)
Investments in and advances to unconsolidated affiliates$43,727 $40,747 
A summary of Harbor Point Parcel 4's condensed financial data derived from the balance sheet and statement of comprehensive income are as follows ($ in thousands):

December 31,
Condensed Balance Sheet20242023
Current assets
$577 $148 
Noncurrent assets
221,092 145,346 
Current liabilities
16,798 23,433 
Noncurrent liabilities
76,903 — 
Total equity
127,968 122,061 
Company's share of accumulated equity103,738 97,858 
Capitalized interest and other costs12,141 4,237 
Profit elimination, net of portion related to the Company's interest
(1,455)(812)
Investments in and advances to unconsolidated affiliates$114,424 $101,283 
Year ended December 31,
Condensed Statement of Comprehensive Income
20242023
Rental revenues$835 $— 
Rental expenses(37)— 
Interest expense(249)— 
Depreciation and amortization(277)
Net income272 — 
Equity in earnings in unconsolidated affiliates$245 $—