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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Range of useful Lives For Depreciable Assets Range of useful lives for depreciable assets are as follows:

Category

 

Term

Buildings

 

40 years

Building improvements

 

5 - 40 years

Tenant improvements

 

Generally shorter of the remaining life of the lease or useful life

Furniture and equipment

 

3 - 7 years

Summary of Dividends Paid On Common Shares The characterization of dividends paid on our common shares during each of the last three years was as follows:

 

 

For the years ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Ordinary income

 

 

49.29

%

 

 

40.31

%

 

 

47.48

%

Long-term capital gain

 

 

0.14

%

 

 

0.00

%

 

 

0.00

%

Return of capital

 

 

50.57

%

 

 

59.69

%

 

 

52.52

%