v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Components of Rental Revenue The components of rental revenue consisted of the following:
Three Months EndedSix Months Ended
(amounts in thousands)June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Fixed payments$133,873 $136,235 $269,829 $272,588 
Variable payments19,667 16,235 38,253 33,764 
Total rental revenue$153,540 $152,470 $308,082 $306,352 
Schedule of Future Contractual Minimum Lease Payments on Non-Cancellable Operating Leases to be Received
As of June 30, 2025, we were entitled to the following future contractual minimum lease payments (excluding tenant expense reimbursements) on non-cancellable operating leases to be received which expire on various dates through 2054 (amounts in thousands):
Remainder of 2025
$251,509 
2026484,579 
2027463,653 
2028426,970 
2029363,439 
Thereafter1,759,249 
$3,749,399 
Schedule of Future Minimum Lease Payments
As of June 30, 2025, the following table summarizes our future minimum lease payments discounted by our incremental borrowing rates to calculate the lease liabilities of our leases (amounts in thousands):
Remainder of 2025
$760 
20261,503 
20271,482 
20281,482 
20291,482 
Thereafter59,283 
Total undiscounted lease payments65,992 
Present value discount(37,922)
Ground lease liabilities$28,070