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INVESTMENTS IN REAL ESTATE (Tables)

3 Months Ended

Mar. 31, 2025

Real Estate [Abstract]

Schedule of Investments in Real Estate

Investments in real estate consist of the following (in thousands):

						March 31, 2025						December 31, 2024
Land						$	175,682					$	175,682
Land improvements						5,863						5,863
Buildings and improvements						651,193						636,525
Furniture, fixtures, and equipment						12,234						12,844
Tenant improvements						16,116						26,942
Work in progress						24,983						36,929
Investments in real estate						886,071						894,785
Accumulated depreciation						(179,534)						(185,591)
Net investments in real estate						$	706,537					$	709,194

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- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

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