Leases (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2025
2025	$	42,933
2026	83,510
2027	63,034
2028	29,232
2029	24,414
Thereafter	46,566
Total	$	289,689

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 June 30, 2025:

	As of June 30, 2025
(amounts in thousands)	Ground Leases		Office and Other Leases		Total
2025	$	555	$	3,448	$	4,003
2026	686		3,958		4,644
2027	691		3,408		4,099
2028	687		3,029		3,716
2029	629		3,059		3,688
Thereafter	3,134		7,853		10,987
Total undiscounted rental payments	6,382		24,755		31,137
Less imputed interest	(1,536)		(3,933)		(5,469)
Total lease liabilities	$	4,846	$	20,822	$	25,668