Investments in Real Estate, net

3 Months Ended

Mar. 31, 2024

Real Estate [Abstract]

Investments in Real Estate, net

Investments in Real Estate, net

Investments in real estate, net consist of:

$ in thousands	March 31, 2024		December 31, 2023
Building and improvements	$	565,308	$	563,958
Land and land improvements	148,485		148,411
Furniture, fixtures and equipment	11,345		11,349
Total	725,138		723,718
Accumulated depreciation	(43,286)		(38,115)
Investments in real estate, net	$	681,852	$	685,603

Impairment

We did not record any impairment losses on our investments in real estate, net, for the three months ended March 31, 2024 and March 31, 2023, respectively.