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AFFILIATE TRANSACTIONS AND FORMER MANAGEMENT AGREEMENT (Tables)
3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table summarizes the management fees and income incentive allocation prior to the Internalization (unaudited):
Three Months Ended
March 31, 2024
Management fees$587 
Income incentive allocation4,308 
Total$4,895 
The following table summarizes our reimbursements to the Former Manager (unaudited):
Three Months Ended
March 31, 2025March 31, 2024
Classification in the Consolidated Statements of Operations:
General and administrative$196 $1,950 
Acquisition and transaction expenses104 317 
Total$300 $2,267