Subsequent Events |
6 Months Ended |
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Jun. 30, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events In addition to the subsequent events discussed elsewhere in the notes to the unaudited Consolidated Financial Statements, the following events occurred subsequent to June 30, 2025: On July 1, 2025, 112,718 unvested LTIP Units, 40,623 unvested RSUs and 18,460 unvested shares of Class A common stock owned by Robert Klein, were cancelled pursuant to the Transition Agreement (the "Klein Award Cancellations"). The Company's Board of Directors approved, and on July 20, 2025, the Company declared a second quarter 2025 common stock dividend of $0.2425 per share, which is payable on August 29, 2025 to stockholders of record as of July 31, 2025. As of August 4, 2025, the Company had $48.0 million drawn on the Revolving Credit Facility. As of August 4, 2025 and during the period subsequent to June 30, 2025, the Company acquired 23 leased properties for approximately $8.4 million, excluding closing costs. As of August 4, 2025 and during the period subsequent to June 30, 2025, the Company issued 337,255 shares of its Class A common stock under the ATM Program for gross proceeds of approximately $5.0 million. As of August 4, 2025 and during the period subsequent to June 30, 2025, the Company had entered into definitive agreements to acquire 30 properties for approximately $10.4 million. However, the Company can provide no assurances that the acquisitions of these properties will be consummated on the terms and timing the Company expects, or at all.
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