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v3.25.1

Investments in and Advances to Joint Ventures - Condensed Combined Financial Information of Company's Unconsolidated Joint Venture Investments (Detail) - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024 | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | --- | --- | ---
Condensed Combined Balance Sheets |  |  |  |
Land | $ 204,714 | $ 204,722 |  |
Buildings | 965,209 | 964,845 |  |
Fixtures and tenant improvements | 254,413 | 254,152 |  |
Total real estate rental property | 1,424,336 | 1,423,719 |  |
Less: Accumulated depreciation | (665,402) | (654,389) |  |
Real estate rental property, net | 758,934 | 769,330 |  |
Construction in progress and land | 2,765 | 2,682 |  |
Total real estate assets, net | 761,699 | 772,012 |  |
Other assets, net | 37,801 | 36,285 |  |
Total assets | 929,755 | 933,602 |  |
Mortgage debt | 301,643 | 301,373 |  |
Total liabilities | 410,138 | 416,858 |  |
Accumulated equity | 519,617 | 516,744 | $ 2,123,944 | $ 2,175,543
Total liabilities and equity | 929,755 | 933,602 |  |
Company's share of accumulated equity | 26,044 | 26,016 |  |
Basis differentials | 585 | 2,521 |  |
Investments in and advances to joint ventures, net | 30,447 | 30,431 |  |
Related Party [Member] |  |  |  |
Condensed Combined Balance Sheets |  |  |  |
Amounts payable to the Company | 3,818 | 1,894 |  |
Unconsolidated Joint Ventures [Member] |  |  |  |
Condensed Combined Balance Sheets |  |  |  |
Land | 159,567 | 159,567 |  |
Buildings | 494,963 | 494,062 |  |
Fixtures and tenant improvements | 56,914 | 55,526 |  |
Total real estate rental property | 711,444 | 709,155 |  |
Less: Accumulated depreciation | (171,595) | (166,534) |  |
Real estate rental property, net | 539,849 | 542,621 |  |
Construction in progress and land | 347 | 352 |  |
Total real estate assets, net | 540,196 | 542,973 |  |
Cash and restricted cash | 33,177 | 25,750 |  |
Receivables, net | 8,508 | 9,660 |  |
Other assets, net | 18,302 | 17,823 |  |
Total assets | 600,183 | 596,206 |  |
Mortgage debt | 427,180 | 426,462 |  |
Other liabilities | 33,681 | 32,533 |  |
Total liabilities | 464,679 | 460,889 |  |
Accumulated equity | 135,504 | 135,317 |  |
Total liabilities and equity | 600,183 | 596,206 |  |
Unconsolidated Joint Ventures [Member] | Related Party [Member] |  |  |  |
Condensed Combined Balance Sheets |  |  |  |
Other liabilities | $ 3,818 | $ 1,894 |  |

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