v3.25.2
Investments in Real Estate - Narrative (Details)
$ in Thousands, ft² in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
a
ft²
property
Mar. 31, 2025
USD ($)
Jun. 30, 2024
USD ($)
property
Mar. 31, 2024
USD ($)
Jun. 30, 2025
USD ($)
a
ft²
property
Jun. 30, 2024
USD ($)
property
Investment in Properties            
Rental revenues and tenant expense reimbursements $ 112,234   $ 94,247   $ 222,654 $ 179,277
Net income 93,273 $ 48,126 35,696 $ 36,059 141,399 71,755
Capitalized interest associated with redevelopment activities 1,100   2,800   2,400 5,900
Asset Acquisitions 2025            
Investment in Properties            
Rental revenues and tenant expense reimbursements 500       500  
Net income $ 200       $ 200  
Asset Acquisitions 2024            
Investment in Properties            
Rental revenues and tenant expense reimbursements     6,500     6,500
Net income     $ 2,800     $ 2,800
Industrial Building | Asset Acquisitions 2025            
Investment in Properties            
Number of properties acquired (property) | property 6       6  
Purchase price $ 152,800       $ 152,800  
Finite-lived intangible assets acquired 8,200       8,200  
Asset acquisition, liabilities $ 26,900       $ 26,900  
Area of real estate property (square feet) | ft² 0.9       0.9  
Industrial Building | Asset Acquisitions 2025 | Land            
Investment in Properties            
Asset acquisition, property additions $ 119,700       $ 119,700  
Industrial Building | Asset Acquisitions 2025 | Building            
Investment in Properties            
Asset acquisition, property additions $ 24,900       $ 24,900  
Industrial Building | Asset Acquisitions 2024            
Investment in Properties            
Number of properties acquired (property) | property     1     3
Purchase price     $ 472,800     $ 491,500
Finite-lived intangible assets acquired     31,400     31,400
Asset acquisition, liabilities     22,400     22,400
Industrial Building | Asset Acquisitions 2024 | Land            
Investment in Properties            
Asset acquisition, property additions     297,900     313,000
Industrial Building | Asset Acquisitions 2024 | Building Improvements            
Investment in Properties            
Asset acquisition, property additions     $ 143,500      
Industrial Building | Asset Acquisitions 2024 | Building            
Investment in Properties            
Asset acquisition, property additions           $ 147,100
Redevelopment Property            
Investment in Properties            
Number of properties (property) | property 6       6  
Redevelopment Property | Building            
Investment in Properties            
Number of properties (property) | property 9       9  
Land Entitled for Future Development            
Investment in Properties            
Area of land (acre) | a 22.4       22.4  
Building            
Investment in Properties            
Number of properties (property) | property 297       297  
Building | Scenario, Plan            
Investment in Properties            
Number of properties acquired (property) | property         2  
Area of real estate property acquired (square feet) | ft² 0.4       0.4  
Completed Redevelopments            
Investment in Properties            
Number of properties (property) | property 1       1