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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt, Net of Unamortized Debt Issuance Costs
The Company’s outstanding debt, net of unamortized debt issuance costs, consisted of the following (in thousands):
March 31,
2026
December 31,
2025
Fixed rate mortgage loans, 3.03% interest only, matures 4/1/2033
$180,070 180,070 
Variable rate construction/stabilization loans18,838 13,888 
Unamortized debt issuance costs(1,492)(1,404)
Credit agreement6,500 — 
$203,916 192,554 
Unamortized debt issuance costs - undrawn loans included in Deferred costs in the Company's consolidated balance sheets
$1,582 1,780