v3.25.2
Real Estate Investments (Tables)
6 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
Schedule of Capitalized Lessor Expenses
During the three and six months ended June 30, 2025 and 2024, amounts capitalized at certain of our properties for tenant improvements, leasing costs and building improvements were as follows:
Three Months Ended June 30,
Six Months Ended June 30,
2025202420252024
Tenant improvements (1)
$2,393 $142 $2,396 $586 
Leasing costs (1)
300 184 3,522 2,311 
Building improvements (2)
2,458 2,506 3,192 3,308 
Total capital expenditures
$5,151 $2,832 $9,110 $6,205 
(1)Includes capital expenditures used to improve tenants’ space or amounts paid directly to tenants to improve their space and leasing related costs, such as brokerage commissions and tenant inducements.
(2)Includes expenditures to replace obsolete building components and expenditures that extend the useful life of existing assets.
Schedule of Net Loss Attributable to Noncontrolling Interest
During the three and six months ended June 30, 2025 and 2024, recognized net loss attributable to noncontrolling interest in our condensed consolidated financial statements was as follows:
Three Months Ended June 30,
Six Months Ended June 30,
2025202420252024
Consolidated joint venture$9,067 $10,314 $18,739 $20,828 
Tenancy in common17 (10)(18)(25)
Total net loss attributable to noncontrolling interest$9,084 $10,304 $18,721 $20,803