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v3.25.3

Note 4 - Investments in Unconsolidated Real Estate (Details Textual) $ in Thousands |  |  | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | --- | ---
Oct. 09, 2025 USD ($) | Jul. 21, 2025 USD ($) | Dec. 31, 2025 USD ($) | Sep. 30, 2025 USD ($) | Sep. 30, 2024 USD ($) | Sep. 30, 2025 USD ($) | Sep. 30, 2024 USD ($) | Oct. 08, 2025 USD ($)
Real Estate Inventory, Capitalized Interest Costs |  |  |  | $ 279,882 |  | $ 279,882 |  |
Construction Payable |  |  |  | 171,904 |  | 171,904 |  |
Income (Loss) from Equity Method Investments |  |  |  | 9,814 | $ (703) | 8,663 | $ (2,382) |
Gains (Losses) on Sales of Investment Real Estate |  |  |  | $ (12,841) | $ 688 | $ (11,344) | $ 11,066 |
Number of Units in Real Estate Property |  |  |  | 33,818 |  | 33,818 |  |
Metropolis At Innsbrook [Member] |  |  |  |  |  |  |  |
Equity Method Investment, Ownership Percentage |  | 84.80% |  |  |  |  |  |
Proceeds from Sale of Real Estate |  | $ 31,085 |  |  |  |  |  |
Equity Method Investment, Amount Sold |  | 24,501 |  |  |  |  |  |
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions |  | $ 6,584 |  |  |  |  |  |
Gains (Losses) on Sales of Investment Real Estate |  |  |  | $ 10,389 |  |  |  |
Views of Music City [Member] | Forecast [Member] |  |  |  |  |  |  |  |
Gains (Losses) on Sales of Investment Real Estate |  |  | $ 3,248 |  |  |  |  |
Views of Music City [Member] | Subsequent Event [Member] |  |  |  |  |  |  |  |
Equity Method Investment, Amount Sold | $ 5,912 |  |  |  |  |  |  |
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $ 3,248 |  |  |  |  |  |  |
Lakeline Station [Member] |  |  |  |  |  |  |  |
Number of Units in Real Estate Property |  |  |  | 378 |  | 378 |  |
The Mustang [Member] |  |  |  |  |  |  |  |
Number of Units in Real Estate Property |  |  |  | 275 |  | 275 |  |
The Approach [Member] | Subsequent Event [Member] |  |  |  |  |  |  |  |
Number of Units in Real Estate Property |  |  |  |  |  |  |  | 318
Real Estate, Commitment to Invest |  |  |  |  |  |  |  | $ 20,049
Equity Method Investments |  |  |  |  |  |  |  | $ 1,711

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