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Lease Agreements (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Components of rental revenues
The components of rental revenues are as follows (in thousands):
Three months endedNine months ended
September 30,September 30,
2025202420252024
Rental revenues - fixed$111,113 $98,879 $326,786 $294,031 
Rental revenues - variable (1)
26,112 26,342 73,159 71,318 
Rental revenues$137,225 $125,221 $399,945 $365,349 
(1)Primarily includes rents based on a percentage of tenant sales volume and reimbursable expenses such as common area expenses, utilities, insurance and real estate taxes.