v3.25.4
Investments in Unconsolidated Real Estate Ventures - Financial Information - Table (Details)
 12 Months Ended
Dec. 31, 2025
USD ($)
property
building
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Combined balance sheet information:      
Real estate, net $ 3,760,513,000 $ 4,111,459,000  
Other assets, net 117,287,000 131,318,000  
TOTAL ASSETS 4,388,191,000 5,020,540,000  
Mortgage loans, net 1,579,158,000 1,767,173,000  
Other liabilities, net 131,945,000 115,827,000  
Total liabilities 2,719,259,000 2,787,850,000  
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 4,388,191,000 5,020,540,000  
Combined income statement information:      
Total revenue 498,598,000 547,312,000 $ 604,198,000
Net loss $ (168,061,000) (177,753,000) (91,709,000)
Number of Real Estate Properties | property 39    
Gain (loss) on sale of real estate $ 46,633,000 (2,753,000) 79,335,000
Impairment of real estate $ 45,100,000 55,400,000 90,200,000
One Commercial Building      
Combined income statement information:      
Number of Real Estate Properties | building 1    
Subordinated interest 10.00%    
Investments in unconsolidated real estate ventures      
Combined balance sheet information:      
Real estate, net $ 374,760,000 424,170,000  
Other assets, net 56,566,000 64,478,000  
TOTAL ASSETS 431,326,000 488,648,000  
Mortgage loans, net 171,916,000 229,205,000  
Other liabilities, net 22,303,000 27,019,000  
Total liabilities 194,219,000 256,224,000  
Total equity 237,107,000 232,424,000  
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 431,326,000 488,648,000  
Combined income statement information:      
Total revenue 30,615,000 37,219,000 85,280,000
Operating income (9,006,000) (14,195,000) (62,668,000)
Net loss (24,033,000) (30,041,000) (85,551,000)
Gain (loss) on sale of real estate 2,800,000 894,000 3,000,000
Impairment of real estate 3,200,000 6,700,000 28,600,000
Investments in unconsolidated real estate ventures      
Combined income statement information:      
Impairment of real estate     $ 80,700,000
Investments in unconsolidated real estate ventures      
Combined income statement information:      
Impairment of real estate $ 15,200,000 $ 22,500,000