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Contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Guarantees

The following table represents the Operating Partnership's guarantees of unconsolidated affiliates' debt as reflected in the accompanying condensed consolidated balance sheets as of March 31, 2025 and December 31, 2024:

 

 

As of March 31, 2025

 

Obligation
recorded to reflect
guaranty

 

Unconsolidated Affiliate

 

Company's
Ownership
Interest

 

Outstanding
Balance

 

 

Percentage
Guaranteed
by the
Operating
Partnership

 

Maximum
Guaranteed
Amount

 

 

Debt
Maturity
Date

 

March 31, 2025

 

 

December 31, 2024

 

Port Orange I, LLC

 

50%

 

 

43,323

 

 

50%

 

 

21,661

 

 

Feb-2026

 

$

217

 

 

$

222

 

Ambassador Infrastructure, LLC

 

65%

 

 

2,798

 

 

100%

 

 

2,798

 

 

Mar-2027

 

 

44

 

 

 

44

 

Total guaranty liability

 

 

 

 

 

 

 

 

 

 

 

 

 

$

261

 

 

$

266