Accounting Policies and Related Matters (Policies)	6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]
Equity-Method Investments	Equity-Method Investments The Company recognizes its investments in unconsolidated entities over whose operating and financial policies it has the ability to exercise significant influence but not control, under the equity method of accounting. The Company initially recorded its investments at fair value at the time of deconsolidation of such unconsolidated entities. The Company evaluates its equity-method investments for impairment whenever events or changes in circumstances indicate that the carrying value of its investments may be other-than-temporarily impaired and when the carrying value may exceed the fair value. The Company estimates fair value based on current appraisals or other third-party opinions of value and other estimates of fair value such as estimated discounted future cash flows. The determination of future cash flows requires significant estimates by management. In management’s estimate of cash flows, it considers factors such as expected future sale of an asset, capitalization rates, holding periods and estimated net operating income. The assumptions are generally based on management’s experience in the Company’s real estate markets, and the effects of current market conditions, which are subject to economic and market uncertainties. If management believes there is an other-than-temporary decline in the value of an equity-method investment, the Company records an impairment loss to the extent that the carrying value exceeds the estimate fair value of such equity-method investment.
Accounting Guidance	Accounting Guidance Adoption of Accounting Standards There were no adopted pronouncements during the six months ended June 30, 2025 that impacted the Company. Issued Accounting Standards Not Yet Adopted In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740), Improvements to Income Tax Disclosures, which requires entities to annually disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than five percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate). This ASU is effective for the Company for fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is evaluating the impact of the guidance. In November 2024, FASB issued ASU 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires entities to provide disaggregated disclosure of income statement expenses. The ASU does not change the expense captions an entity presents on the face of the income statement; rather, it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. This ASU is effective for the Company for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. The Company is evaluating the impact of this guidance.

Accounting Policies and Related Matters (Policies)

6 Months Ended

Jun. 30, 2025

The Company recognizes its investments in unconsolidated entities over whose operating and financial policies it has the ability to exercise significant influence but not control, under the equity method of accounting. The Company initially recorded its investments at fair value at the time of deconsolidation of such unconsolidated entities. The Company evaluates its equity-method investments for impairment whenever events or changes in circumstances indicate that the carrying value of its investments may be other-than-temporarily impaired and when the carrying value may exceed the fair value. The Company estimates fair value based on current appraisals or other third-party opinions of value and other estimates of fair value such as estimated discounted future cash flows. The determination of future cash flows requires significant estimates by management. In management’s estimate of cash flows, it considers factors such as expected future sale of an asset, capitalization rates, holding periods and estimated net operating income. The assumptions are generally based on management’s experience in the Company’s real estate markets, and the effects of current market conditions, which are subject to economic and market uncertainties. If management believes there is an other-than-temporary decline in the value of an equity-method investment, the Company records an impairment loss to the extent that the carrying value exceeds the estimate fair value of such equity-method investment.

Accounting Guidance

Adoption of Accounting Standards

There were no adopted pronouncements during the six months ended June 30, 2025 that impacted the Company.

Issued Accounting Standards Not Yet Adopted

In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740), Improvements to Income Tax Disclosures, which requires entities to annually disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than five percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate). This ASU is effective for the Company for fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is evaluating the impact of the guidance.

In November 2024, FASB issued ASU 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires entities to provide disaggregated disclosure of income statement expenses. The ASU does not change the expense captions an entity presents on the face of the income statement; rather, it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. This ASU is effective for the Company for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. The Company is evaluating the impact of this guidance.