Real Estate Investments, Net (Tables)

9 Months Ended

Sep. 30, 2025

Real Estate [Abstract]

Schedule of real estate properties held for sale

The following table details the major classes of the real estate assets and liabilities associated with the properties that the Company determined to be classified as held for sale as of September 30, 2025 and December 31, 2024.

(In thousands)	September 30, 2025		December 31, 2024
Land	$	9,347	$	4,574
Buildings, fixtures and improvements	23,909		11,658
Acquired intangible lease assets	5,017		1,627
Above-market leases	432		—
Real estate assets held for sale, at cost	38,705		17,859
Less: accumulated depreciation and amortization	(5,069)		(453)
Real estate assets held for sale, net	$	33,636	$	17,406
Below-market leases	$	63	$	—
Less: accumulated amortization	(1)		—
Real estate liabilities held for sale, net	$	62	$	—

Schedule of properties with significant annualized straight-line rental income, by geographical areas

The following table lists the countries and states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than 10.0% of consolidated annualized rental income on a straight-line basis as of September 30, 2025 or December 31, 2024, or both. Michigan is included in the United States concentration of 69.5%.

Country / U.S. State	September 30, 2025	December 31, 2024
United States	69.5%	80.1%
Michigan	12.1%	9.2%
United Kingdom	14.4%	10.4%