Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Outstanding Debt, Net of Unamortized Debt Issuance Costs

The Company’s outstanding debt, net of unamortized debt issuance costs, consisted of the following (in thousands):

	September 30, 2025		December 31, 2024
Fixed rate mortgage loans, 3.03% interest only, matures 4/1/2033	$	180,070	180,070
Variable rate construction/stabilization loans	7,591		—
Unamortized debt issuance costs	(2,323)		(1,217)
Credit agreement	—		—
	$	185,338	178,853