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Income Taxes - Statutory Federal Income Tax (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
Federal statutory income tax rate $ (25,770) $ (9,636) $ (7,405)
REIT income tax exemption 25,769 9,713 7,476
State and local taxes, net of federal benefit (162) (170) (236)
Effective Tax Rate (163) (93) (165)
Franchise tax (536) 220 (538)
Income Tax Expense (Benefit) And Franchise Tax $ (699) $ 127 $ (703)
Percent      
Federal statutory income tax rate 21.00% 21.00% 21.00%
REIT income tax exemption (21.00%) (21.20%) (21.20%)
State and local taxes, net of federal benefit 0.10% 0.40% 0.70%
Effective Tax Rate 0.10% 0.20% 0.50%