Investment in Rental Property and Lease Arrangements - Schedule of Lease Revenues (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
Leases [Abstract] | ||||
Contractual rental amounts billed for operating leases | $ 101,014 | $ 95,736 | $ 200,328 | $ 193,285 |
Adjustment to recognize contractual operating lease billings on a straight-line basis | 5,753 | 5,177 | 11,818 | 10,281 |
Net write-offs of accrued rental income | 0 | 0 | (2,228) | (2,556) |
Variable rental amounts earned | 718 | 659 | 1,398 | 1,257 |
Earned income from direct financing leases | 679 | 689 | 1,361 | 1,371 |
Interest income from sales-type leases | 14 | 15 | 29 | 29 |
Operating expenses billed to tenants | 4,795 | 4,651 | 9,739 | 9,756 |
Other income from real estate transactions | 63 | 12 | 139 | 79 |
Adjustment to revenue recognized for uncollectible rental amounts billed, net | (50) | (1,032) | (907) | (2,228) |
Total lease revenues, net | $ 112,986 | $ 105,907 | $ 221,677 | $ 211,274 |