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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Lease Cost | Our lease costs and related sublease income, which is recognized on certain of the ground leases, were as follows (in thousands):
|  | For the Year Ended December 31,
|  | 2025 |  | 2024 |  | 2023
Operating lease costs |  | $ | 7,796 |  |  | $ | 6,566 |  |  | $ | 6,864 |
Finance lease costs: |  |  |  |  |  |
Amortization of right-of-use asset |  | 160 |  |  | — |  |  | — |
Interest on lease liability |  | 431 |  |  | — |  |  | — |
Short-term lease costs |  | 146 |  |  | 134 |  |  | 75 |
Sublease income |  | (1,009) |  |  | — |  |  | $ | — |
Total lease cost |  | $ | 7,524 |  |  | $ | 6,700 |  |  | $ | 6,939 |
Information concerning our operating and finance lease liabilities, which are classified within accounts payable, accrued expenses and other liabilities in our consolidated balance sheets as of December 31, 2025 and 2024, is as follows (dollars in thousands):
|  | Cash Paid for Amounts Included in the Measurement of Lease Liabilities for the Year Ended December 31,
|  | 2025 |  | 2024
Operating leases |  | $ | 5,284 |  | $ | 5,074
Finance lease |  | 313 |  | —
| Weighted-Average Remaining Lease Term (1) as of December 31, |  | Weighted-Average Discount Rate as of December 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
Operating leases | 22.5 years |  | 11.0 years |  | 8.1% |  | 9.0%
Finance lease | 37.9 years |  | N/A |  | 6.4% |  | N/A
______________________________________________________________________________________________________________________ (1)Includes renewal option periods considered reasonably certain to be exercised.
Schedule of Future Maturity of Operating Leases |
Future maturity of lease liabilities: |  | Operating Leases |  | Finance Lease
2026 |  | $ | 5,857 |  |  | $ | 750 |
2027 |  | 6,126 |  |  | 750 |
2028 |  | 6,165 |  |  | 763 |
2029 |  | 6,282 |  |  | 825 |
2030 |  | 5,708 |  |  | 825 |
Thereafter |  | 93,224 |  |  | 37,347 |
Total |  | $ | 123,362 |  |  | $ | 41,260 |
Less interest component |  | (68,350) |  |  | (27,262) |
Lease liabilities (classified within accounts payable, accrued expenses and other liabilities) |  | $ | 55,012 |  |  | $ | 13,998 |
Memo: Right-of-use assets (classified within other assets) |  | $ | 54,287 |  |  | $ | 13,719 |
Schedule of Future Maturity of Finance Leases |
Future maturity of lease liabilities: |  | Operating Leases |  | Finance Lease
2026 |  | $ | 5,857 |  |  | $ | 750 |
2027 |  | 6,126 |  |  | 750 |
2028 |  | 6,165 |  |  | 763 |
2029 |  | 6,282 |  |  | 825 |
2030 |  | 5,708 |  |  | 825 |
Thereafter |  | 93,224 |  |  | 37,347 |
Total |  | $ | 123,362 |  |  | $ | 41,260 |
Less interest component |  | (68,350) |  |  | (27,262) |
Lease liabilities (classified within accounts payable, accrued expenses and other liabilities) |  | $ | 55,012 |  |  | $ | 13,998 |
Memo: Right-of-use assets (classified within other assets) |  | $ | 54,287 |  |  | $ | 13,719 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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