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Lease Income (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Operating Lease, Lease Income
The components of lease income from operating leases in our consolidated statements of operations during the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Fixed lease payments$149,038 $136,427 $295,166 $264,680 
Variable lease payments17,703 15,069 36,203 28,370 
Total lease payments (1)
$166,741 $151,496 $331,369 $293,050 
Amortization of acquired above and below-market leases(1,504)(864)(3,113)(914)
Total rental revenue$165,237 $150,632 $328,256 $292,136 
(1)Amounts include $45.0 million and $91.0 million of sublease income during the three and six months ended June 30, 2025, respectively, and $45.9 million and $94.3 million of sublease income during the three and six months ended June 30, 2024 respectively.
Schedule of Sales-type Lease, Lease Income
The components of lease income from sales-type leases during the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Interest income (1)
$1,138 $1,123 $2,272 $2,243 
(1)These amounts are included in Interest expense, net of interest income in our consolidated statements of operations.