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Risk Management and Use of Derivative Financial Instruments (Tables) | 6 Months Ended
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Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table sets forth certain information regarding our derivative instruments (in thousands):
|  |  |  | Asset Derivatives Fair Value at |  |
Derivatives Not Designated as Hedging Instruments |  | Balance Sheet Location |  | June 30, 2025 |  | December 31, 2024 |  |  |  |
Interest rate cap |  | Other assets, net |  | $ | — |  |  | $ | 10 |  |  |  |  |
Total derivatives |  |  |  | $ | — |  |  | $ | 10 |  |  |  |  |
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) | The following tables present the impact of our derivative instruments in the consolidated financial statements (in thousands):
|  | Amount of Gain (Loss) Recognized on Derivatives in Other Comprehensive Income (Loss)
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
Derivatives in Cash Flow Hedging Relationships |  | 2025 |  | 2024 |  | 2025 |  | 2024
Interest rate cap |  | $ | — |  |  | $ | 572 |  |  | $ | — |  |  | $ | 784 |
Total |  | $ | — |  |  | $ | 572 |  |  | $ | — |  |  | $ | 784 |
|  |  |  | Amount of Gain (Loss) on Derivatives Reclassified from Other Comprehensive Income (Loss)
Derivatives in Cash Flow Hedging Relationships |  | Location of Gain (Loss) Recognized in Income |  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Interest rate cap |  | Other gains and (losses) |  | $ | — |  |  | $ | (539) |  |  | $ | — |  |  | $ | (539) |
Interest rate cap |  | Interest expense |  | — |  |  | (166) |  |  | — |  |  | (381) |
Total |  |  |  | $ | — |  |  | $ | (705) |  |  | $ | — |  |  | $ | (920) |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance |
|  |  |  | Amount of Gain (Loss) on Derivatives Recognized in Income
Derivatives in Cash Flow Hedging Relationships |  | Location of Gain (Loss) Recognized in Income |  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Interest rate cap |  | Interest expense |  | $ | — |  |  | $ | (15) |  |  | $ | — |  |  | $ | (17) |
Derivatives Not in Cash Flow Hedging Relationships |  |  |  |  |  |  |  |  |  |
Interest rate cap |  | Other gains and (losses) |  | — |  |  | — |  |  | (10) |  |  | — |
Total |  |  |  | $ | — |  |  | $ | (15) |  |  | $ | (10) |  |  | $ | (17) |
Schedule of Derivative Instruments | The interest rate caps that our consolidated subsidiaries had outstanding at June 30, 2025 are summarized as follows (currency in thousands):
Interest Rate Derivatives |  | Number of Instruments |  | Notional Amount |  | Fair Value at June 30, 2025
Not Designated as Cash Flow Hedging Instruments |  |  |  |  |  |  |
Interest rate cap |  | 1 |  | 150,904 |  | USD |  | $ | — |
|  |  |  |  |  |  | $ | — |

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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4CC -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References No definition available. + Details
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