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Business Description (Tables)
9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Ownership Interest and Percent Ownership of OP

The following table summarizes the outstanding equity and economic ownership interest of the Company:

 

 

September 30, 2025

 

 

December 31, 2024

 

 

 

Shares of Common Stock

 

 

OP Units

 

 

Total Diluted Shares

 

 

Shares of Common Stock

 

 

OP Units

 

 

Total Diluted Shares

 

Ownership Interest

 

 

21,267,861

 

 

 

6,566,809

 

 

 

27,834,670

 

 

 

17,290,663

 

 

 

10,532,163

 

 

 

27,822,826

 

Percent Ownership of OP

 

 

76.4

%

 

 

23.6

%

 

 

100.0

%

 

 

62.1

%

 

 

37.9

%

 

 

100.0

%