XML 35 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Future Minimum Rent Schedule
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Future Minimum Rent Schedule

13. FUTURE MINIMUM RENT SCHEDULE:

Future minimum contractual lease payments to be received by the Company (without taking into account straight-line rent or amortization of intangibles) as of December 31, 2024, under operating leases for the next five years and thereafter are as follows (in thousands):

2025

 

$

66,698

 

2026

 

 

67,954

 

2027

 

 

51,305

 

2028

 

 

43,971

 

2029

 

 

35,508

 

Thereafter

 

 

88,672

 

Total

 

$

354,108

 

The lease agreements generally contain provisions for the reimbursement of real estate taxes and operating expenses, as well as fixed increases in rent.