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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Undiscounted Cash Flow The following table (i) sets forth undiscounted cash flows for future contractual base rents to be received under operating leases as of December 31, 2025 and (ii) excludes estimated reimbursements of Recoverable Operating Expenses:
ExpirationsDecember 31, 2025
2026
$76,015 
2027
70,571 
2028
62,978 
2029
54,484 
2030
42,757 
Thereafter74,382 
Total$381,187 
Schedule of Lease, Cost
The following table sets forth the weighted-average for the lease term and the discount rate for the office leases in which the Company is a lessee as of December 31, 2025:
As of December 31, 2025
Lease Term and Discount Rate
Operating - Office Leases
Weighted-average remaining lease term in years4.6
Weighted-average discount rate (1)
7.68%
(1)Because the rate implicit in each of the Company's leases was not readily determinable, the Company used an incremental borrowing rate. In determining the Company's incremental borrowing rate at the commencement of each lease, the Company considered rates on secured borrowings, observable risk-free interest rates and credit spreads correlating to the Company's creditworthiness, the impact of collateralization and the term of each of the Company's lease agreements.
Schedule of Operating Lease Liability Maturity
The maturities of lease liabilities for the Company’s operating leases as of December 31, 2025 were as follows:
As of December 31, 2025
Operating Leases
2026$476 
2027238 
2028243 
2029250 
2030256 
Thereafter128 
Total undiscounted lease payments1,591 
Less imputed interest(257)
Total lease liabilities$1,334