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v3.26.1

Investment in Unconsolidated Ventures - Schedule of Balance Sheet Information (Details) - USD ($) $ in Thousands | Jun. 30, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Jun. 30, 2025 | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | --- | --- | --- | --- | ---
ASSETS |  |  |  |  |  |
Real estate properties, net of accumulated depreciation of $103,044 and $95,747 | $ 586,829 |  | $ 596,814 |  |  |
Cash and cash equivalents | 22,718 |  | 25,138 | $ 23,645 |  |
Other assets | 18,673 |  | 21,496 |  |  |
Total Assets | 691,155 |  | 709,813 |  |  |
Liabilities: |  |  |  |  |  |
Mortgages payable, net of deferred costs of $1,063 and $1,106 | 469,352 |  | 471,083 |  |  |
Accounts payable and accrued liabilities | 24,232 |  | 24,347 |  |  |
Total Liabilities | 530,777 |  | 532,613 |  |  |
Commitments and contingencies |  |  |  |  |  |
Equity: |  |  |  |  |  |
Total unconsolidated joint venture equity | 160,378 | $ 169,157 | 177,200 | $ 192,049 | $ 198,389 | $ 204,914
Total Liabilities and Equity | 691,155 |  | 709,813 |  |  |
Real estate accumulated depreciation | 146,212 |  | 132,821 |  |  |
Deferred costs | 4,341 |  | 4,831 |  |  |
Unconsolidated Joint Ventures |  |  |  |  |  |
ASSETS |  |  |  |  |  |
Real estate properties, net of accumulated depreciation of $103,044 and $95,747 | 358,068 |  | 363,451 |  |  |
Cash and cash equivalents | 7,194 |  | 7,506 |  |  |
Other assets | 9,775 |  | 11,756 |  |  |
Total Assets | 375,037 |  | 382,713 |  |  |
Liabilities: |  |  |  |  |  |
Mortgages payable, net of deferred costs of $1,063 and $1,106 | 283,772 |  | 285,379 |  |  |
Accounts payable and accrued liabilities | 8,277 |  | 9,435 |  |  |
Total Liabilities | 292,049 |  | 294,814 |  |  |
Commitments and contingencies |  |  |  |  |  |
Equity: |  |  |  |  |  |
Total unconsolidated joint venture equity | 82,988 |  | 87,899 |  |  |
Total Liabilities and Equity | 375,037 |  | 382,713 |  |  |
BRT's interest in joint venture equity | 43,297 |  | 46,121 |  |  |
Real estate accumulated depreciation | 103,044 |  | 95,747 |  |  |
Unconsolidated Joint Ventures | Mortgages payable |  |  |  |  |  |
Equity: |  |  |  |  |  |
Deferred costs | $ 1,063 |  | $ 1,106 |  |  |

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