SUBSEQUENT EVENTS |
6 Months Ended |
---|---|
Jun. 30, 2025 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 15 – SUBSEQUENT EVENTS The Company reviewed its subsequent events and transactions that have occurred after June 30, 2025, the date of the Consolidated Balance Sheet, through July 30, 2025, and noted the following: Acquisitions & Disposals The Company invested $25.8 million in the acquisition of 12 net lease properties with an investment yield of approximately 6.9%, and approximately 8.0 years of lease term remaining. The Company funded the acquisitions with cash on hand. The Company anticipates accounting for the transactions as asset acquisitions in accordance with U.S. GAAP. There was no contingent liability associated with the transactions at June 30, 2025. |