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Mortgages Payable - Schedule of Outstanding Mortgages Payable (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Notes Payable $ 834,572   $ 829,451
PIK interest expense 3,832 $ 0  
Mortgages      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Notes payable, gross 840,522   836,691
Deferred debt issuance costs, net of accumulated amortization of $6,551 and $5,263, respectively (5,950)   (7,240)
Deferred debt issuance costs, accumulated amortization $ 6,551   5,263
Mortgages | 731 Lexington Avenue | Office Space      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest rate 5.04%    
Notes payable, gross $ 400,000   400,000
Mortgages | 731 Lexington Avenue | Retail Space      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest rate 4.55%    
Notes payable, gross $ 171,522   167,691
PIK interest expense $ 4,022   191
Mortgages | Rego Park shopping center | Retail Space      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest rate 5.62%    
Notes payable, gross $ 175,000   175,000
Rate spread 2.00%    
Mortgages | Rego Park shopping center | Retail Space | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Rate spread 4.50%    
Mortgages | The Alexander apartment tower | Retail Space      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Interest rate 2.63%    
Notes payable, gross $ 94,000   $ 94,000