SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Rental Income (Details) - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2025 |
Mar. 31, 2024 |
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Accounting Policies [Abstract] | ||
Fixed contractual lease payments – operating leases | $ 168,839 | $ 160,540 |
Variable lease payments – operating leases | 46,290 | 40,470 |
Bad debt reserve | (2,076) | (589) |
Straight-line rent adjustments | 2,787 | 3,363 |
Straight-line rent reserve for uncollectibility | (206) | (237) |
Amortization of in-place lease liabilities, net | 3,538 | 2,266 |
Rental income | $ 219,172 | $ 205,813 |
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- Definition Operating Lease, Amortization of In-Place Lease Liabilities No definition available.
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- Definition Operating Lease, Straight-Line Rent Adjustments No definition available.
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- Definition Operating Lease, Straight-Line Rent Recovery (Reserve) for Uncollectibility No definition available.
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- References No definition available.
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- Definition Amount of expense (reversal of expense) for expected credit loss on net investment in sales-type and direct financing leases. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating lease income from lease payments paid and payable to lessor. Excludes variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating lease income from variable lease payments paid and payable to lessor, excluding amount included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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