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LEASE REVENUE
9 Months Ended
Sep. 30, 2025
Operating Leases, Income Statement, Lease Revenue [Abstract]  
Operating Lease, Lease Income [Text Block] LEASE REVENUE
The Company’s primary source of revenue is rental income from business distribution space. The table below presents the components of Income from real estate operations for the three and nine months ended September 30, 2025 and 2024:
Three Months Ended
September 30,
Nine Months Ended September 30,
2025202420252024
(In thousands)
Lease income — Operating leases$137,713 121,797 401,506 353,135 
Variable lease income (1)
44,376 41,064 130,483 121,133 
Income from real estate operations$182,089 162,861 531,989 474,268 

(1)Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.