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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2026 | Dec. 31, 2025
Real estate accumulated depreciation | $ 146,212 | $ 132,821
Deferred fees | 223 | 252
Allowance for credit loss | 275 | 275
Deferred costs | $ 4,341 | $ 4,831
Preferred shares, par value (in dollars per share) | $ 0.01 | $ 0.01
Preferred shares, authorized (in shares) | 2,000,000 | 2,000,000
Preferred shares, outstanding (in shares) | 0 | 0
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, authorized (in shares) | 300,000,000 | 300,000,000
Common Stock Shares Issued Not Disclosed | Common stock, $0.01 par value, 300,000 shares authorized; 18,026 and 17,919 shares outstanding | Common stock, $0.01 par value, 300,000 shares authorized; 18,026 and 17,919 shares outstanding
Common stock, outstanding (in shares) | 18,026,000 | 17,919,000
Mortgages payable |  |
Deferred costs | $ 4,134 | $ 4,614
Junior subordinated notes |  |
Deferred costs | $ 207 | $ 217

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