Rental Property Acquisitions (Tables)

9 Months Ended

Sep. 30, 2025

Real Estate [Abstract]

Schedule of Real Estate Properties

The aggregate fair value purchase price of the properties acquired during the nine months ended September 30, 2025 has been allocated as follows:

	Fair value (in thousands)		Weighted-Average Amortization Period (in years)
Land	$	32,608
Buildings, improvements and fixtures	243,573		34.9
Above market lease value	7,781		6.8
Below market lease value	(18,754)		12.2
Lease in place value	30,529		6.5
Lease and legal costs	7,451		5.3
Total deferred lease costs and other intangibles, net	27,007
Debt premium	(3,833)
Total fair value of net assets acquired	$	299,355