v3.25.1
Lease Agreements (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Components of rental revenues
The components of rental revenues are as follows (in thousands):
Three months ended
March 31,
20252024
Rental revenues - fixed$107,196 $95,979 
Rental revenues - variable (1)
22,089 21,830 
Rental revenues$129,285 $117,809 
(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.