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Investments in Non-Consolidated Entities
 12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Non-Consolidated Entities Investments in Non-Consolidated Entities
Below is a schedule of the Company's investments in non-consolidated entities:
Percentage Ownership atInvestment Balance as of
December 31,		Equity in earnings (losses) of non-consolidated entities
Years ended December 31,
InvestmentDecember 31, 2025
2025
2024
2025
2024
2023
NNN MFG Cold JV L.P. (“MFG Cold JV”)(1)
20%$2,880 $10,428 $(3,588)$(3,250)$(3,300)
NNN Office JV L.P. (“Office JV”)(2)
20%14,762 15,189 (424)504 508 
Etna Park 70 LLC(3)
90%9,084 9,732 (228)(264)(258)
Etna Park 70 East LLC(4)
90%2,390 2,360 (170)(167)(192)
BSH Lessee L.P.(5)
—%— — — — 4,608 
Lombard Street Lots, LLC (6)
44.1%2,314 2,309 5 (2)— 
$31,430 $40,018 $(4,405)$(3,179)$1,366 
(1)MFG Cold JV is a joint venture formed in 2021 that owns special purpose industrial properties formerly owned by the Company.
(2)    NNN Office JV is a joint venture formed in 2018 that owns office properties formerly owned by the Company.
(3)    Joint venture formed in 2017 with a developer entity to acquire a parcel of land. During 2025, the Company's wholly owned subsidiary purchased the land on 4.006 acres of land and improvements for $2,626 and recorded it in Real estate, at cost on the Company's Consolidated Balance Sheet.
(4)    Joint venture formed in 2019 with a developer entity to acquire a parcel of land.
(5)    A joint venture investment that sold its sole asset in January 2023.
(6)    The Company ceased to consolidate the operations of Lombard Street Lots, LLC in 2024. Lombard Street Lots, LLC ground leases a parcel of land to a parking operator.
The Company earns advisory fees from certain of these non-consolidated entities for services related to acquisitions, asset management and debt placement services. Advisory fees earned from these non-consolidated investments were $4,088, $4,105 and $4,337 for the years ended December 31, 2025, 2024 and 2023