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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measure at Fair Value on a Recurring Basis
The following table sets forth the assets and liabilities that the Company measures at fair value on a recurring basis by level within the fair value hierarchy as of September 30, 2025 and December 31, 2024:
Assets/(Liabilities)Total Fair ValueQuoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable InputsSignificant Unobservable Inputs
September 30, 2025
Mutual Funds Asset$10,739 $10,739 $— $— 
Interest Rate Swap Liability $(5,333)$— $(5,333)$— 
December 31, 2024
Interest Rate Swap Asset$15,974 $— $15,974 $— 
Mutual Funds Asset$11,971 $11,971 $— $— 
Schedule of Carrying Values and Estimated Fair Values of Financial Instruments The Company determined that the secured debt valuation in its entirety is classified in Level 2 of the fair value hierarchy, as the fair value is based on current pricing for debt with similar terms as the in-place debt.
 September 30, 2025December 31, 2024
 Fair Value
Carrying Value (1)
Fair Value
Carrying Value (1)
BOA II Loan
$134,206 $140,440 $226,870 $250,000 
Florida Mortgage Loan47,830 49,604 47,057 49,604 
Georgia Mortgage Loan37,254 37,722 36,381 37,722 
Illinois Mortgage Loan23,385 23,000 22,810 23,000 
Total Secured Debt$242,675 $250,766 $333,118 $360,326 
(1)The carrying values do not include the debt premium/(discount) or deferred financing costs as of September 30, 2025 and December 31, 2024. See Note 5, Debt, for details.