Real Estate (Tables)

3 Months Ended

Mar. 31, 2025

Construction in progress as of March 31, 2025 and December 31, 2024, is composed of the following:


(Dollars in thousands)	March 31, 2025		December 31, 2024
Hampden House (1)	$	233,307	$	217,537
Twinbrook Quarter Phase I - Retail/Residential (2)	4,490		9,664
Twinbrook Quarter - Other (3)	84,863		84,662
Other	14,786		14,330
Total	$	337,446	$	326,193

(1)Includes capitalized interest of $22.5 million and $20.8 million, as of March 31, 2025 and December 31, 2024, respectively. (2)Includes capitalized interest of $0.3 million and $0.6 million, as of March 31, 2025 and December 31, 2024, respectively. (3)Other includes infrastructure and site work necessary to support current and future development phases, and includes capitalized interest of $4.7 million and $5.4 million, as of March 31, 2025 and December 31, 2024, respectively.