Tenant Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases [Abstract]

Schedule of Operating Lease Income

The following table details the components of operating lease income:

	Three Months Ended March 31,
in thousands	2025		2024
Fixed lease payments	$	12,538	$	12,891
Variable lease payments	2,380		1,603
Rental revenue	$	14,918	$	14,494

Schedule of Future Minimum Rental Payments Receivable

Aggregate minimum annual rentals for our consolidated real estate investments through the non-cancelable lease term are as follows:

in thousands	Future Minimum
Year	Rents(1)
2025 (remainder)	$	11,903
2026	15,359
2027	13,406
2028	12,448
2029	9,607
2030	7,461
Thereafter	34,917
Total	$	105,101

(1)Includes leases for our industrial, office and retail properties which typically have long-term leases over multiple years. All other properties issue short term-leases which have no contractual obligations for future years.