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Real Estate Facilities (Tables)
3 Months Ended
Mar. 31, 2026
Real Estate [Abstract]  
Summary of Activity in Real Estate Facilities

The following summarizes the activity in real estate facilities during the three months ended March 31, 2026:

Real estate facilities

 

 

 

Balance at December 31, 2025

 

 

512,513,507

 

Improvements and additions

 

 

13,847,203

 

Impact of foreign exchange rate changes

 

 

(4,943,750

)

Balance at March 31, 2026

 

$

521,416,960

 

Accumulated depreciation

 

 

 

Balance at December 31, 2025

 

 

(41,047,473

)

Depreciation expense

 

 

(3,268,095

)

Impact of foreign exchange rate changes

 

 

317,231

 

Balance at March 31, 2026

 

$

(43,998,337

)