v3.25.4
Rental Property - Acquisitions - Allocation of Consideration (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Allocation of the consideration paid for the acquired assets and liabilities    
Land $ 45,786 $ 84,965
Buildings 315,431 504,551
Tenant improvements 5,843 8,726
Building and land improvements 30,568 26,207
Construction in progress 1,569 3,603
Other assets 167 243
Operating lease right-of-use assets 32,708 31,151
Operating Lease, Liability (37,040) (35,304)
Total purchase price 457,579 710,329
Acquisitions 2023    
Allocation of the consideration paid for the acquired assets and liabilities    
Operating lease right-of-use assets   3,554
Operating Lease, Liability   (3,554)
Acquisitions 2024    
Allocation of the consideration paid for the acquired assets and liabilities    
Operating lease right-of-use assets 3,495  
Operating Lease, Liability (3,495)  
In-place leases    
Allocation of the consideration paid for the acquired assets and liabilities    
Deferred leasing intangibles $ (40,236) $ (60,659)
Weighted average amortization period of lease intangibles 7 years 2 months 12 days 6 years 4 months 24 days
Tenant relationships    
Allocation of the consideration paid for the acquired assets and liabilities    
Deferred leasing intangibles $ (18,969) $ (32,784)
Weighted average amortization period of lease intangibles 10 years 9 months 18 days 10 years 1 month 6 days
Above market leases    
Allocation of the consideration paid for the acquired assets and liabilities    
Deferred leasing intangibles $ 0 $ (934)
Weighted average amortization period of lease intangibles   2 years 8 months 12 days
Below market leases    
Allocation of the consideration paid for the acquired assets and liabilities    
Deferred leasing intangibles $ 990 $ 12,343
Weighted average amortization period of lease intangibles 5 years 6 years 2 months 12 days