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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Jun. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES                  
Net income (loss) $ 65,408   $ (1,951)     $ 44,442 $ (8,406)    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:                  
Depreciation and amortization, including amortization of capitalized loan costs           84,859 79,694    
(Gain) loss on sale of real estate and other investments           (79,531) 577    
Share-based compensation expense           2,564 2,245    
Loss on interest rate swap settlement amortization           407 541    
Impairment of real estate investments           23,219 0    
Non-cash casualty loss           645 2,034    
Amortization of debt premiums and discounts           1,339 775    
Other, net           410 636    
Changes in other assets and liabilities:                  
Other assets           1,237 (227)    
Accounts payable and accrued expenses           6,155 1,714    
Net cash provided by operating activities           85,746 79,583    
CASH FLOWS FROM INVESTING ACTIVITIES                  
Increase in mortgages and real estate related notes receivable           0 (13,557)    
Net proceeds from sale of real estate and other investments           122,351 18,251    
Payments for acquisitions of real estate investments           (206,223) 0    
Proceeds from insurance           851 1,949    
Payments for improvements of real estate investments           (24,120) (47,436)    
Other investing activities           121 333    
Net cash used by investing activities           (107,020) (40,460)    
CASH FLOWS FROM FINANCING ACTIVITIES                  
Principal payments on mortgages payable           (40,976) (4,980)    
Proceeds from revolving lines of credit           351,275 108,771    
Principal payments on revolving lines of credit           (176,135) (99,771)    
Net proceeds from issuance of common shares           0 112,218    
Repurchase of common shares           (3,454) (4,703)    
Distributions paid to common shareholders           (38,218) (33,374)    
Distributions paid to preferred shareholders           0 (4,821)    
Distributions paid to Series D preferred unitholders           (429) (480)    
Distributions paid to noncontrolling interests – Operating Partnership and Series E preferred units           (6,825) (6,869)    
Other financing activities           (634) (95)    
Net cash provided by (used by) financing activities           73,984 (31,145)    
NET INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH           52,710 7,978    
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD   $ 13,129   $ 9,269 $ 9,269 13,129 9,269 $ 9,269  
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 65,839   17,247     65,839 17,247 13,129 $ 9,269
SUPPLEMENTARY SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES                  
Accrued capital expenditures           3,178 4,916    
Distributions declared but not paid to common shareholders 13,600   13,022     13,600 13,022    
Retirement of shares withheld for taxes           296 122    
Involuntary conversion of assets           (935) (2,785)    
Real estate assets acquired through assumption of debt           76,496 0    
Fair value adjustment to debt           (23,632) 0    
Non-cash interest income           1,287 718    
Unrealized gain (loss) on investment           503 87    
Contribution to noncontrolling interests - consolidated real estate entities through issuance of note receivable           1,428 0    
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION                  
Cash paid for interest           30,181 24,794    
Balance sheet description                  
Cash and cash equivalents 12,896   14,453     12,896 14,453 12,030  
Restricted cash 52,943   2,794     52,943 2,794 1,099  
Total cash, cash equivalents and restricted cash $ 65,839   $ 17,247     65,839 17,247 13,129 9,269
Operating Partnership Units                  
SUPPLEMENTARY SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES                  
Operating partnership units and Series E preferred units converted to common shares (as adjusted)   335   797 1,534 750 2,346 3,218 5,224
Series E Preferred Units                  
SUPPLEMENTARY SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES                  
Operating partnership units and Series E preferred units converted to common shares (as adjusted)   $ 14   $ 728 $ 1,150 526 1,810 $ 7,784 $ 1,557
Series C Preferred Stock                  
CASH FLOWS FROM FINANCING ACTIVITIES                  
Redemption of Series C preferred shares and Series D preferred units           0 (97,041)    
Series D Preferred Units                  
CASH FLOWS FROM FINANCING ACTIVITIES                  
Redemption of Series C preferred shares and Series D preferred units           $ (10,620) $ 0