v3.25.4
Intangibles - Schedule of Identified Intangible Lease Assets (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
May 20, 2025
Finite-Lived Intangible Assets [Line Items]    
Weighted Average Life (Years) 6 years 1 month 6 days  
Intangible Lease Assets, Gross $ 522,066  
Accumulated Amortization (9,283)  
Intangible Lease Assets, Net $ 512,783 $ 0
Weighted Average Life (Years) 13 years 1 month 6 days  
Intangible Lease Liabilities, Gross $ 516,534  
Accumulated Amortization (2,130)  
Intangible Lease Liabilities, Net $ 514,404  
In-place lease intangibles    
Finite-Lived Intangible Assets [Line Items]    
Weighted Average Life (Years) 7 years 8 months 12 days  
Intangible Lease Assets, Gross $ 335,375  
Accumulated Amortization (6,342)  
Intangible Lease Assets, Net $ 329,033  
Acquired Above Market Leases    
Finite-Lived Intangible Assets [Line Items]    
Weighted Average Life (Years) 5 years 10 months 24 days  
Intangible Lease Assets, Gross $ 58,472  
Accumulated Amortization (850)  
Intangible Lease Assets, Net $ 57,622  
Other lease intangible assets    
Finite-Lived Intangible Assets [Line Items]    
Weighted Average Life (Years) 4 years 8 months 12 days  
Intangible Lease Assets, Gross $ 128,219  
Accumulated Amortization (2,091)  
Intangible Lease Assets, Net $ 126,128  
Acquired below-market leases    
Finite-Lived Intangible Assets [Line Items]    
Weighted Average Life (Years) 13 years 1 month 6 days  
Intangible Lease Liabilities, Gross $ 516,534  
Accumulated Amortization (2,130)  
Intangible Lease Liabilities, Net $ 514,404