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Debt - Mortgages Payable - Additional Information (Details)
$ in Thousands
1 Months Ended 6 Months Ended
Jan. 24, 2025
USD ($)
Jan. 23, 2025
USD ($)
Apr. 30, 2025
USD ($)
Jun. 30, 2025
USD ($)
Mortgage
Jan. 22, 2025
Dec. 31, 2024
USD ($)
Mortgage
Debt Instrument [Line Items]            
Notes receivable, net [1]       $ 154,682   $ 126,584
Scheduled principal payment     $ 28,500      
Renaissance Portfolio [Member]            
Debt Instrument [Line Items]            
Ownership interest rate   48.00%     20.00%  
Renaissance Portfolio [Member] | Minimum            
Debt Instrument [Line Items]            
Ownership interest rate   20.00%        
Renaissance Portfolio [Member] | Maximum            
Debt Instrument [Line Items]            
Ownership interest rate   68.00%   100.00%    
Mortgages            
Debt Instrument [Line Items]            
Number of properties collateralized | Mortgage       50   31
Unsecured Debt            
Debt Instrument [Line Items]            
Basis spread on variable rate       1.40%    
Fund IV            
Debt Instrument [Line Items]            
Maximum borrowing capacity       $ 22,500    
Long-term line of credit, noncurrent       36,200   $ 0
Remaining borrowing capacity       36,200   $ 0
Core Portfolio            
Debt Instrument [Line Items]            
Repayment of property mortgage loan       50,000    
Scheduled principal payment       $ 900    
Core Portfolio | Renaissance Portfolio [Member]            
Debt Instrument [Line Items]            
Ownership interest rate [2]       68.00%    
Investment owned balance principal amount   $ 156,100        
Investment Owned Balance Principal Paydown $ 50,000          
Maturity date   Nov. 06, 2026        
Basis spread on variable rate 1.55% 26.50%        
Interest rate 9.11%          
Investment Management            
Debt Instrument [Line Items]            
Scheduled principal payment       $ 2,400    
[1] Includes Notes receivable, net from related parties of $14.1 million and $14.8 million as of June 30, 2025 and December 31, 2024, respectively (Note 3).
[2] On January 23, 2025, the Company acquired an additional 48% economic ownership interest, and increased its existing 20% interest to 68%, in the Renaissance Portfolio primarily located in Washington D.C. Prior to the acquisition, the Company accounted for its 20% interest under the equity method of accounting. Due to the Company gaining a controlling financial interest as a result of this acquisition, the Company concluded that the entity is a variable interest entity (“VIE”) and that it is the primary beneficiary, and it should consolidate its investment within its Core Portfolio effective January 23, 2025. Accordingly, the Company recognized a loss on change in control of $9.6 million (Note 2).