Quarterly report [Sections 13 or 15(d)]

INVESTMENTS IN RENTAL PROPERTIES

v3.26.1
INVESTMENTS IN RENTAL PROPERTIES
3 Months Ended
Mar. 31, 2026
Real Estate [Abstract]  
INVESTMENTS IN RENTAL PROPERTIES INVESTMENTS IN RENTAL PROPERTIES
Dispositions of Rental Properties and Developable Land
The Company did not dispose of any rental properties or developable land during the three months ended March 31, 2026.
The Company disposed of the following developable land holdings during the three months ended March 31, 2025 (dollars in thousands):
Disposition
Date
Property Location Net
Sales
Proceeds
Net
Carrying
Value
Gain (loss) on disposition of developable land
01/24/25 65 Livingston Roseland, NJ $ 7,139  $ 7,295  (a) $ (156)
Totals     $ 7,139  $ 7,295  $ (156)
(a) Carrying value reflects previously recorded impairment charges of $2.6 million.
Real Estate Held for Sale and Related Liabilities
As of March 31, 2026 and December 31, 2025, the Company did not have any assets or liabilities classified as held for sale.