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Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Rental Revenues

The following table sets forth the details of our rental revenue.

 

 

 

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

September 30,

 

 

September 30,

 

(Amounts in thousands)

2025

 

 

2024

 

 

2025

 

 

2024

 

Rental revenue:

 

 

 

 

 

 

 

 

 

 

 

Fixed

$

146,712

 

 

$

156,190

 

 

$

445,240

 

 

$

475,420

 

Variable

 

17,975

 

 

 

28,045

 

 

 

66,501

 

 

 

68,216

 

Total rental revenue

$

164,687

 

 

$

184,235

 

 

$

511,741

 

 

$

543,636

 

 

Schedule of Future Undiscounted Cash Flows Under Non-Cancellable Operating Leases

The following table is a schedule of future undiscounted cash flows under non-cancellable operating leases in effect as of September 30, 2025, for the three-month period from October 1, 2025 through December 31, 2025, and each of the five succeeding years and thereafter commencing January 1, 2026.

 

(Amounts in thousands)

 

 

2025

 

$

135,534

 

2026

 

 

513,976

 

2027

 

 

523,072

 

2028

 

 

544,302

 

2029

 

 

530,602

 

2030

 

 

484,175

 

Thereafter

 

 

2,100,959

 

Total

 

$

4,832,620