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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands | Jun. 30, 2026 | Dec. 31, 2025
--- | --- | ---
Preferred stock, par value (in dollars per share) |  | $ 1 | $ 1
Preferred stock, shares authorized |  | 12,500 | 12,500
Preferred stock, shares issued |  | 0 | 0
Common stock, par value (in dollars per share) |  | $ 1 | $ 1
Common stock, shares authorized |  | 50,000 | 50,000
Common stock, shares issued |  | 21,075 | 20,916
Common stock, shares outstanding |  | 21,075 | 20,916
Land |  | $ 154,711 | $ 153,143
Buildings and improvements |  | 837,196 | 819,114
Accumulated depreciation |  | 188,944 | 194,663
Non-controlling interest | [1] | 187 | 194
Consolidated Joint Venture-VIE |  |  |
Land |  | 3,815 | 3,815
Buildings and improvements |  | 6,183 | 6,332
Accumulated depreciation |  | 3,364 | 3,215
Other assets |  | 526 | 637
Real estate debt, net |  | 6,977 | 7,143
Other liabilities |  | 22 | 73
Non-controlling interest |  | $ 187 | $ 194
[1] | The Company’s consolidated balance sheets include assets and liabilities of a consolidated variable interest entity (“VIE”). See Note 7. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIE: $3,815 and $3,815 of land, $6,183 and $6,332 of building and improvements, net of $3,364 and $3,215 of accumulated depreciation, $526 and $637 of other assets included in other line items, $6,977 and $7,143 of real estate debt, net, $22 and $73 of other liabilities included in other line items and $187 and $194 of non-controlling interest as of June 30, 2026 and December 31, 2025, respectively.

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