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The Mergers - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
12 Months Ended 16 Months Ended
Sep. 12, 2023
Dec. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Assets Acquired:        
Goodwill   $ 51,370 $ 51,370 $ 46,976
REIT Merger, OP Merger, And Internalization Merger        
Assets Acquired:        
Land $ 954,967 955,582 955,582 955,582
Measurement Period Adjustments, Land     615  
Buildings, fixtures and improvements 2,526,810 2,527,159 2,527,159 2,527,159
Measurement Period Adjustments, Buildings, fixtures and improvements     349  
Total tangible assets 3,481,777 3,482,741 3,482,741 3,482,741
Measurement Period Adjustments, Total tangible assets     964  
Total acquired intangible lease assets 650,193 649,198 649,198 649,198
Measurement Period Adjustments, Total acquired intangible lease assets     (995)  
Cash 65,223 64,616 64,616 64,616
Measurement Period Adjustments, Cash     (607)  
Operating lease right-of-use assets 26,407 26,417 26,417 26,417
Measurement Period Adjustments, Operating lease right-of-use assets     10  
Prepaid expenses and other assets 60,862 59,160 59,160 59,160
Measurement Period Adjustments, Prepaid Expense and Other Assets     (1,702)  
Goodwill 29,817 30,457 30,457 30,457
Measurement Period Adjustments, Goodwill     640  
Total assets acquired 4,314,279 4,312,589 4,312,589 4,312,589
Measurement Period Adjustments, Total assets acquired     (1,690)  
Liabilities Assumed:        
Mortgage notes payable, net 1,587,455 1,587,455 1,587,455 1,587,455
Measurement Period Adjustments, Mortgage notes payable, net     0  
Senior notes, net 386,250 386,250 386,250 386,250
Measurement Period Adjustments, Senior notes, net     0  
Acquired intangible lease liabilities 76,682 76,685 76,685 76,685
Measurement Period Adjustments, Acquired intangible lease liabilities     3  
Accounts payable and accrued expenses 86,031 84,368 84,368 84,368
Measurement Period Adjustments, Accounts payable and accrued expenses     (1,663)  
Operating lease liabilities 26,407 26,377 26,377 26,377
Measurement Period Adjustments, Operating lease liabilities     (30)  
Prepaid rent 18,439 18,439 18,439 18,439
Measurement Period Adjustments, Prepaid rent     0  
Total liabilities assumed 2,181,264 2,179,574 2,179,574 2,179,574
Measurement Period Adjustments, Total liabilities assumed     (1,690)  
Total consideration transferred 2,133,015 2,133,015    
Measurement Period Adjustments, Total consideration transferred     0  
REIT Merger, OP Merger, And Internalization Merger | In-place leases        
Assets Acquired:        
Total acquired intangible lease assets 582,475 581,430 581,430 581,430
Measurement Period Adjustments, Total acquired intangible lease assets     (1,045)  
REIT Merger, OP Merger, And Internalization Merger | Above-market lease assets        
Assets Acquired:        
Total acquired intangible lease assets $ 67,718 $ 67,768 67,768 $ 67,768
Measurement Period Adjustments, Total acquired intangible lease assets     $ 50