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Agreements and Transactions with Related Parties (Tables) | 6 Months Ended
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Jun. 30, 2025
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following tables present a summary of fees we paid and expenses we reimbursed to our Advisor in accordance with the terms of the NLOP Advisory Agreements (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Asset management fees (a) | $ | 1,209 |  |  | $ | 1,599 |  |  | $ | 2,469 |  |  | $ | 3,403 |
Administrative reimbursements (b) | 1,000 |  |  | 1,000 |  |  | 2,000 |  |  | 2,000 |
| $ | 2,209 |  |  | $ | 2,599 |  |  | $ | 4,469 |  |  | $ | 5,403 |
__________ (a)Included within Asset management fees in the consolidated statements of operations. (b)Included within General and administrative expenses in the consolidated statements of operations.
Schedule of Balances Due to and from Related Party | The following table presents a summary of amounts due to affiliates, which are included within Accounts payable, accrued expenses and other liabilities in the consolidated financial statements (in thousands):
| June 30, 2025 |  | December 31, 2024
Asset management fees payable | $ | 412 |  |  | $ | 469 |
Administrative reimbursements payable and other | 373 |  |  | 366 |
| $ | 785 |  |  | $ | 835 |

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- Definition Tabular schedule of outstanding balances due to and from related parties. + References No definition available. + Details
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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 850 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483326/850-10-50-1 + Details
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