CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenues
Lease revenues	$ 7,341	$ 27,392
Income from finance leases	637	0
Other lease-related income	1,047	1,821
Revenues	9,025	29,213
Operating Expenses
Depreciation and amortization	2,280	9,725
General and administrative	1,933	1,807
Property expenses, excluding reimbursable tenant costs	703	2,455
Reimbursable tenant costs	595	6,140
Asset management fees	481	1,260
Impairment charges — real estate	0	920
Total operating expenses	5,992	22,307
Other Income and Expenses
Gain (loss) on sale of real estate, net	32,620	(1,008)
Other gains and (losses)	(10,209)	443
Interest expense	(386)	(5,746)
Total other income and expenses	22,025	(6,311)
Income before income taxes	25,058	595
Provision for income taxes	(17)	(82)
Net Income	25,041	513
Net income attributable to noncontrolling interests	(43)	(21)
Net Income Attributable to NLOP	$ 24,998	$ 492
Basic Earnings Per Share (per share)	$ 1.69	$ 0.03
Diluted Earnings Per Share (per share)	$ 1.69	$ 0.03
Weighted-Average Shares Outstanding
Basic (in shares)	14,814,075	14,814,075
Diluted (in shares)	14,814,075	14,814,075