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FY2025
12 months to Dec 31, 2025
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FY2024
12 months to Dec 31, 2024
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FY2023
12 months to Dec 31, 2023
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FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|---|---|---|
| Revenues: | |||||
| Rental revenues | |||||
| Debt-related income | |||||
| Total revenues | |||||
| Operating expenses: | |||||
| Rental expenses | |||||
| Real estate-related depreciation and amortization | |||||
| General and administrative expenses | |||||
| Advisory fees | |||||
| Performance participation allocation | |||||
| Acquisition costs and reimbursements | |||||
| Impairment of real estate property | |||||
| Valuation allowance on debt-related investment | |||||
| Total operating expenses | |||||
| Other income (expenses): | |||||
| Income (loss) from unconsolidated joint venture partnerships | |||||
| Interest expense | |||||
| Gain on sale of real estate property | |||||
| Unrealized loss on DST Program Loans | |||||
| Gain (loss) on financial assets | |||||
| (Loss) gain on financing obligations | |||||
| Loss on extinguishment of debt and financing commitments, net | |||||
| Gain (loss) on extinguishment of debt and financing obligations, net | |||||
| (Loss) gain on derivative instruments | |||||
| Provision for current expected credit losses | |||||
| Other income and expenses | |||||
| Total other income (expenses) | |||||
| Net loss before income tax expense | |||||
| Income tax expense | |||||
| Net loss | |||||
| Net loss attributable to redeemable noncontrolling interests | |||||
| Net income (loss) attributable to common stockholders | |||||
| Net loss attributable to noncontrolling interests | |||||
| Net loss attributable to common stockholders | |||||
| Weighted average number of common shares outstanding | |||||
| Weighted-average shares outstanding-basic (in shares) | |||||
| Weighted-average shares outstanding-diluted (in shares) | |||||
| Net loss attributable to common stockholders per common share-basic (in dollars per share) | |||||
| Net loss attributable to common stockholders per common share-diluted (in dollars per share) | |||||
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