v3.25.4
Mortgage Notes Payable and Other Debt - Schedule of Long-term Debt Instruments (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
encumberedProperty
property
Dec. 31, 2024
USD ($)
Debt Instrument [Line Items]    
Outstanding loan amount $ 1,046,219  
Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 85  
Outstanding loan amount $ 375,480 $ 789,647
Effective interest rate 5.52% 4.62%
Deferred financing costs, net $ (6,753) $ (9,304)
Mortgage premiums and discounts, net (1,098) (1,183)
Long term debt $ 367,629 779,160
Line of Credit    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | encumberedProperty 21  
Outstanding loan amount $ 334,739 $ 362,216
Effective interest rate 6.65% 7.33%
Secured Term Loan 1 due 2028 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 15  
Outstanding loan amount $ 85,771 $ 116,037
Effective interest rate 4.60% 4.60%
Secured Term Loan 2 Due 2026 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 0  
Outstanding loan amount $ 0 $ 363,957
Effective interest rate 0.00% 3.63%
Secured Term Loan 3 due 2031 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 7  
Outstanding loan amount $ 33,066 $ 37,472
Effective interest rate 2.93% 2.93%
Secured Term Loan 4 due 2033 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 56  
Outstanding loan amount $ 219,500 $ 234,173
Effective interest rate 6.54% 6.54%
Single Property Mortgage 1 due 2047 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 1  
Outstanding loan amount $ 6,289 $ 6,471
Effective interest rate 4.04% 4.04%
Single Property Mortgage 2 due 2049 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 1  
Outstanding loan amount $ 14,412 $ 14,833
Effective interest rate 2.99% 2.99%
Single Property Mortgage 3 due 2049 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 1  
Outstanding loan amount $ 8,942 $ 9,204
Effective interest rate 2.99% 2.99%
Multi Property Mortgage 1 due 2034 | Mortgage    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 4  
Outstanding loan amount $ 7,500 $ 7,500
Effective interest rate 6.94% 6.94%
Fannie Mae and other secured debt | Interest Rate Cap Maturing November 2026    
Debt Instrument [Line Items]    
Interest rate cap 3.50%  
Fannie Mae and other secured debt | Line of Credit    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | encumberedProperty 21  
Outstanding loan amount $ 334,739 $ 340,508
Effective interest rate 6.65% 7.31%
Secured Fannie Mae Loan 1 due 2026 | Line of Credit    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | encumberedProperty 11  
Outstanding loan amount $ 199,866 $ 203,405
Effective interest rate 6.63% 7.29%
Secured Fannie Mae Loan 2 due 2026 | Line of Credit    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | encumberedProperty 10  
Outstanding loan amount $ 134,873 $ 137,103
Effective interest rate 6.68% 7.34%
OMF Warehouse Facility | Line of Credit    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | property 0  
Outstanding loan amount $ 0 $ 21,708
Effective interest rate 0.00% 7.66%
Credit Agreement | Line of Credit    
Debt Instrument [Line Items]    
Outstanding loan amount $ 336,000  
Credit Agreement | Line of Credit | Unsecured Debt    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | encumberedProperty 0  
Outstanding loan amount $ 150,000 $ 0
Effective interest rate 5.51% 0.00%
Deferred financing costs, net $ (1,595) $ 0
Long term debt $ 148,405 0
Credit Agreement | Line of Credit | Revolving Credit Facility    
Debt Instrument [Line Items]    
Encumbered properties at December 31, 2025 | encumberedProperty 59  
Outstanding loan amount $ 186,000 $ 0
Effective interest rate 5.94% 0.00%