Lease Accounting (Tables)

6 Months Ended

Jun. 30, 2026

Leases [Abstract]

Schedule of Operating Lease, Lease Income

The following table presents the Company’s classification of rental revenue for its operating leases and sales-type lease for the three and six months ended June 30, 2026 and 2025:

	Three Months Ended June 30,				Six Months Ended June 30,
Classification	2026		2025		2026		2025
Fixed	$	72,847	$	72,285	$	143,166	$	145,175
Variable(1)	14,294		14,459		28,951		29,462
Total	$	87,141	$	86,744	$	172,117	$	174,637

(1) Primarily comprised of tenant reimbursements.

Schedule of Lessor, Operating Lease, Payments to be Received, Maturity

Future fixed rental receipts for operating leases assuming no new or re-negotiated leases as of June 30, 2026 were as follows:

	Operating
2026 - remainder	$	149,905
2027	285,041
2028	255,060
2029	228,435
2030	178,976
2031	125,582
Thereafter	339,927
Total	$	1,562,926

Schedule of Lease, Cost

Supplemental information related to operating leases is as follows:

	Six Months Ended
	June 30, 2026		June 30, 2025
Weighted-average remaining lease term
Operating leases (years)	2.0		9.0
Weighted-average discount rate
Operating leases	4.1	%	4.2	%

The components of lease expense for the six months ended June 30, 2026 and 2025 were as follows:

Income Statement Classification	Fixed		Variable		Total
2026:
Property operating	$	1,622	$	—	$	1,622
General and administrative(1)	673		89		762
Total	$	2,295	$	89	$	2,384
2025:
Property operating	$	1,718	$	15	$	1,733
General and administrative	954		169		1,123
Total	$	2,672	$	184	$	2,856

(1) For the six months ended June 30, 2026 and 2025, the general and administrative lease expense excludes a reduction of $223 and $451, respectively, to lease expense for the sublease of the Company's office space in New York, New York, that expired on March 31, 2026.

Schedule of Lessee, Operating Lease, Liability, Maturity

The following table shows the Company's maturity analysis of its operating lease liabilities as of June 30, 2026:

	Operating Leases
2026 - remainder	$	1,967
2027	3,775
2028	1,163
2029	326
2030	109
2031	—
Thereafter	—
Total lease payments	$	7,340
Less: Imputed interest	(331)
Present value of lease liabilities	$	7,009