Real Estate Properties, Net - Schedule of Real Estate Properties (Details) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
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Real Estate [Abstract] | ||
Land | $ 196,626 | $ 181,357 |
Buildings and improvements | 1,341,262 | 1,114,970 |
Site improvements | 136,851 | 116,341 |
Construction in progress | 10,582 | 5,637 |
Real estate properties at cost, Total | 1,685,321 | 1,418,305 |
Less: accumulated depreciation | (291,874) | (261,608) |
Real estate properties, net | $ 1,393,447 | $ 1,156,697 |
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- Definition The current amount of expenditures for a real estate project that has not yet been completed. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before accumulated depreciation and depletion of additions or improvements to real estate held for productive use. Examples include, but are not limited to, walkways, driveways, fences, and parking lots. No definition available.
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- References No definition available.
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of real estate owned for income production and capital accretion potential, not otherwise specified in the existing taxonomy. Such real estate excludes that which is occupied or used in the business, for entertainment purposes, or held in inventory for specific purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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