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Other Investments
3 Months Ended
Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Other Investments

6. Other Investments

The Company has provided capital to owners and developers of real estate properties through its Preferred Equity program, which is included in Other investments on the Company’s Condensed Consolidated Balance Sheets. In addition, the Company has invested capital in structured investments, which are primarily accounted for on the equity method of accounting. As of March 31, 2025 and December 31, 2024, the Company’s Other investments were both $107.3 million, of which the Company’s net investment under the Preferred Equity program was $69.5 million and $70.1 million as of March 31, 2025 and December 31, 2024, respectively.