Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of Future Minimum Rents Expected to be Received

The following table presents future minimum rents expected to be received under long-term non-cancelable tenant leases, as well as those leases that are subject to long-term agreements governing rent payments and increases:

(amounts in thousands)	As of September 30, 2024
2024	$	33,925
2025	136,950
2026	40,424
2027	39,173
2028	26,010
Thereafter	52,669
Total	$	329,151

Summary of Minimum Future Operating Lease Payments

The following table summarizes our minimum future rental payments, excluding variable costs, which are discounted by our incremental borrowing rate to calculate the lease liability for our operating leases as of September 30, 2024:

	As of September 30, 2024
(amounts in thousands)	Ground Leases		Office and Other Leases		Total
2024	$	153	$	1,888	$	2,041
2025	680		3,749		4,429
2026	684		3,456		4,140
2027	689		3,195		3,884
2028	685		3,022		3,707
Thereafter	3,840		10,885		14,725
Total undiscounted rental payments	6,731		26,195		32,926
Less imputed interest	(1,661)		(3,647)		(5,308)
Total lease liabilities	$	5,070	$	22,548	$	27,618