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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
Schedule of components of leasing revenue

Year Ended December 31, 

2024

2023

2022

Leasing revenue

Lease payments

$

51,381

$

43,756

$

33,600

Variable lease payments

8,935

7,080

5,596

Total leasing revenue

$

60,316

$

50,836

$

39,196

Schedule of minimum future base rental revenue

2025

$

30,877

2026

 

17,420

2027

 

15,413

2028

 

12,145

2029

9,193

Thereafter

39,508

$

124,556

Schedule of lease cost

Year Ended December 31, 

2024

2023

2022

Lease cost

Finance lease cost:

Amortization of right-of-use assets

$

160

$

149

$

122

Interest on lease liability

 

24

 

15

 

15

Operating lease cost

 

1,855

 

439

 

378

Variable and short-term lease cost

 

1,909

 

1,940

 

1,793

Total lease cost

$

3,948

$

2,543

$

2,308

Other information

Weighted-average remaining lease term - finance lease (in years)

2.5

2.8

3.3

Weighted-average remaining lease term - operating leases (in years)

1.9

1.5

2.9

Weighted-average discount rate - finance lease

5.4

%

5.3

%

5.2

%

Weighted-average discount rate - operating leases

5.0

%

4.9

%

4.8

%

Schedule of aggregate payments of finance lease liability

The aggregate payments of finance and operating lease liabilities subsequent to December 31, 2024, for the years ending December 31 are:

Finance Leases

Operating Leases

2025

$

154

$

2,174

2026

 

117

 

2,084

2027

 

95

 

56

2028

 

72

 

55

2029

11

55

Thereafter

276

Total

449

4,700

Less imputed interest

(43)

(334)

Total lease liabilities

$

406

$

4,366

Schedule of aggregate payments of operating lease liabilities

Year Ended December 31, 

2024

2023

2022

Lease cost

Finance lease cost:

Amortization of right-of-use assets

$

160

$

149

$

122

Interest on lease liability

 

24

 

15

 

15

Operating lease cost

 

1,855

 

439

 

378

Variable and short-term lease cost

 

1,909

 

1,940

 

1,793

Total lease cost

$

3,948

$

2,543

$

2,308

Other information

Weighted-average remaining lease term - finance lease (in years)

2.5

2.8

3.3

Weighted-average remaining lease term - operating leases (in years)

1.9

1.5

2.9

Weighted-average discount rate - finance lease

5.4

%

5.3

%

5.2

%

Weighted-average discount rate - operating leases

5.0

%

4.9

%

4.8

%

The aggregate payments of finance and operating lease liabilities subsequent to December 31, 2024, for the years ending December 31 are:

Finance Leases

Operating Leases

2025

$

154

$

2,174

2026

 

117

 

2,084

2027

 

95

 

56

2028

 

72

 

55

2029

11

55

Thereafter

276

Total

449

4,700

Less imputed interest

(43)

(334)

Total lease liabilities

$

406

$

4,366