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Note 11 - Fortress Preferred Equity Investment (Tables)
6 Months Ended
Jun. 30, 2025
Disclosure Text Block [Abstract]  
Summary of Preferred Equity Investment Activities

The following tables summarize the preferred equity investment activities for the three and six months ended June 30, 2025.

 

(thousands)

 

Preferred Equity Investment

 

Balance at March 31, 2025

 

$

101,611

 

Deconsolidation of Eagles Sub-OP

 

 

(101,611

)

Balance at June 30, 2025

 

$

 

 

 

(thousands)

 

Preferred Equity Investment

 

Balance at December 31, 2024

 

$

98,356

 

Preferred equity return

 

 

3,497

 

Preferred equity payment

 

 

(1,239

)

Preferred equity accretion

 

 

997

 

Deconsolidation of Eagles Sub-OP

 

 

(101,611

)

Balance at June 30, 2025

 

$

 

 

The following tables summarize the preferred equity investment activities for the three and six months ended June 30, 2024

 

(thousands)

 

Preferred Equity Investment

 

Balance at March 31, 2024

 

$

90,536

 

Preferred equity return

 

 

3,084

 

Preferred equity payment

 

 

(1,191

)

Preferred equity accretion

 

 

973

 

Balance at June 30, 2024

 

$

93,402

 

 

 

(thousands)

 

Preferred Equity Investment

 

Balance at December 31, 2023

 

$

87,288

 

Preferred equity return

 

 

6,106

 

Preferred equity payment

 

 

(2,344

)

Preferred equity accretion

 

 

2,352

 

Balance at June 30, 2024

 

$

93,402