LEASES (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of Operating Lease Liability Maturities

aturities of operating lease liabilities were as follows:

(In thousands)	June 30,
2024 (Six Months)	$	361
2025		470
2026		310
2027		319
2028		319
Thereafter		4,433
Total Payments		6,212
Less: Interest		(1,830	)
Operating Lease Liability	$	4,382

Schedule of Components of Rental Revenue

The following table shows the components of rental revenue.

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2024		2023		2024		2023
Lease revenue - operating leases	$	56,223	$	50,593	$	112,111	$	100,267
Variable lease revenue (tenant reimbursements)		2,316		2,250		5,001		4,773
Total Rental Revenue	$	58,539	$	52,843	$	117,112	$	105,040

Schedule of Future Minimum Lease Payments to be Received

The following table presents the scheduled minimum future contractual rent to be received under the remaining non-cancelable term of the operating leases. The table presents future minimum lease payments due during the initial lease term only as lease renewal periods are exercisable at the option of the lessee.

(In thousands)	June 30,
2024 (Six Months)	$	112,003
2025		223,500
2026		222,070
2027		214,014
2028		187,835
Thereafter		852,160
Total Future Minimum Lease Payments	$	1,811,582