XML 18 R12.htm IDEA: XBRL DOCUMENT v3.25.2
Note 4 - Real Estate
 6 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
Real Estate

Note 4 – Real Estate

Concentrations of Credit Risks

As of April 1, 2025, the Company deconsolidated the Eagles Sub-OP. Refer to Note 19 “Deconsolidation” for further information.

The following table contains information regarding the geographic concentration of the properties in the Company’s portfolio as of June 30, 2025, which includes rental income for the six months ended June 30, 2025 and 2024.

(dollars in thousands)

 

Number
of
Properties

 

 

Gross Real Estate Assets

 

 

Percentage of Total Real Estate Assets

 

 

Rental income for the six months ended June 30,

 

Location

 

June 30, 2025

 

 

June 30, 2025

 

 

June 30, 2025

 

 

2025 (1)

 

 

2024

 

Maryland

 

 

—

 

 

$

—

 

 

 

—

 

 

$

3,617

 

 

$

6,425

 

Virginia

 

 

—

 

 

 

—

 

 

 

—

 

 

 

3,979

 

 

 

7,781

 

Washington D.C.

 

 

—

 

 

 

—

 

 

 

—

 

 

 

131

 

 

 

400

 

Colorado

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,115

 

 

 

4,160

 

 

 

—

 

 

$

—

 

 

 

—

 

 

$

9,842

 

 

$

18,766

 

 

 

(1)
Reflects rental income of the properties owned by subsidiaries of the Eagles Sub-OP prior to deconsolidation of the Eagles Sub-OP.