Leases (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31, 2025
2025	$	63,456
2026	82,297
2027	52,490
2028	27,851
2029	23,121
Thereafter	45,658
Total	$	294,873

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 March 31, 2025:

	As of March 31, 2025
(amounts in thousands)	Ground Leases		Office and Other Leases		Total
2025	$	680	$	4,180	$	4,860
2026	684		3,957		4,641
2027	689		3,408		4,097
2028	685		3,029		3,714
2029	627		3,060		3,687
Thereafter	3,212		7,853		11,065
Total undiscounted rental payments	6,577		25,487		32,064
Less imputed interest	(1,677)		(3,968)		(5,645)
Total lease liabilities	$	4,900	$	21,519	$	26,419