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Related Party Transactions and Arrangements (Tables)
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Schedule of Fees, Expenses and Related Payables
The following table details amounts incurred in connection with the Company’s operations-related services described above as of and for the periods presented:
Three Months Ended March 31,Payable (receivable) as of
(In thousands)20262025March 31, 2026December 31, 2025
Ongoing fees:
Asset and property management fees to related parties$1,552 $1,868 $574 $(280)
Professional fees and other reimbursements (1)
1,324 1,634 1,079 — 
Total related party operation fees and reimbursements
$2,876 $3,502 $1,653 $(280)
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(1)Amounts for the three months ended March 31, 2026 and 2025 are included in general and administrative expenses in the unaudited condensed consolidated statements of operations and comprehensive loss.