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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Components of Lease Revenue

The components of rental revenues for the three months ended March 31, 2024 and 2023 are as follows:

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Fixed lease payments

 

$

98,304

 

 

$

98,981

 

Variable lease payments

 

 

25,723

 

 

 

31,343

 

Total rental revenues

 

$

124,027

 

 

$

130,324

 

Schedule of Undiscounted Future Lease Payments to be Received

The undiscounted future fixed lease payments to be received under the Company's operating leases as of March 31, 2024, are as follows:

Years Ending December 31,

 

Operating Leases

 

2024 (1)

 

$

292,113

 

2025

 

 

319,843

 

2026

 

 

244,269

 

2027

 

 

183,412

 

2028

 

 

131,356

 

2029

 

 

84,780

 

Thereafter

 

 

211,472

 

Total undiscounted lease payments

 

$

1,467,245

 

(1)
Reflects rental payments for the period April 1, 2024 to December 31, 2024.