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Agreements and Transactions with Related Parties (Tables)
 6 Months Ended
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,
2025202420252024
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, 2025December 31, 2024
Asset management fees payable$412 $469 
Administrative reimbursements payable and other373 366 
$785 $835