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Contingencies (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2025 and December 31, 2024:

 

 

As of September 30, 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

 

September 30, 2025

 

 

December 31, 2024

 

Port Orange I, LLC (1)

 

50%

 

 

43,000

 

 

 

—

 

 

 

—

 

 

Oct-2030

 

$

—

 

 

$

222

 

Ambassador Infrastructure, LLC

 

65%

 

 

2,797

 

 

100%

 

 

 

2,797

 

 

Mar-2027

 

 

28

 

 

 

44

 

Total guaranty liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

28

 

 

$

266

 
(1)
The guaranty was removed in conjunction with the new loan entered into in September 2025. See Note 8 for more information.