Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Schedule of Property, Plant and Equipment

Depreciation is computed on a straight-line basis based on the estimated useful lives of the associated real estate assets.

	Useful Lives (in years)
Land and Building Improvements	10-30
Manufactured Homes	10-25
Furniture, Fixture and Equipment	5
In-place leases	Expected term
Above and below-market leases	Applicable lease term

Schedule of Allowance for Credit Loss

Our allowance for credit losses was as follows:

	December 31,
(amounts in thousands):	2025		2024
Balance, beginning of year	$	23,576	$	19,475
Provision for losses	7,065		5,865
Write-offs	(10,577)		(1,764)
Balance, end of year	$	20,064	$	23,576

Schedule of Tax Treatment Of Dividends And Distributions Table

Our tax treatment of common stock distributions was as follows:

	For the Years Ended December 31,
	2025		2024		2023
Tax status of common stock distributions deemed paid during the year:
Ordinary income	$	1.876	$	1.801	$	1.649
Long-term capital gains	0.010		—		0.005
Non-dividend distributions	0.078		0.109		0.141
Distributions declared per common stock outstanding	$	1.964	$	1.910	$	1.795