Investments in Unconsolidated Joint Ventures (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2026

Dec. 31, 2025

The following table summarizes the Company’s equity method investment (in thousands):



December 31, 2024	$	322,551
Distributions		(13,910)
Direct share of equity income (loss)		4,649
Basis difference amortization		(581)
December 31, 2025	$	312,709
Direct share of equity income (loss)		119
JV buyout		(312,828)
June 30, 2026	$	—

The following table summarizes the Company’s equity method investment (in thousands):



December 31, 2023		$	332,693
Distributions			(12,036)
Direct share of equity income (loss)			2,394
Basis difference amortization.			(500)
December 31, 2024		$	322,551
Distributions			(13,910)
Direct share of equity income (loss)			4,649
Basis difference amortization.			(581)
December 31, 2025		$	312,709