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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
The Company’s outstanding debt, net of unamortized debt issuance costs, consisted of the following (in thousands):
March 31,
2025
December 31,
2024
Fixed rate mortgage loans, 3.03% interest only, matures 4/1/2033
$180,070 180,070 
Variable rate construction/stabilization loans718 — 
Unamortized debt issuance costs(2,538)(1,217)
Credit agreement— — 
$178,250 178,853