Quarterly report [Sections 13 or 15(d)]

Related Party Transactions

v3.25.2
Related Party Transactions
6 Months Ended
Jun. 30, 2025
Related Party Transactions  
Related Party Transactions

Note 6 – Related Party Transactions

Related Party Balances

The amounts due from related parties as of June 30, 2025 and December 31, 2024 were $461 and $270, respectively. These balances primarily consist of taxes paid on behalf of LTIP Unit and OP Unit holders that are reimbursable to the Company as well as

funds owed to the Company from the Joint Venture for management fees earned by the Company. The Company had no amounts due to related parties as of June 30, 2025 and December 31, 2024.