SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The Company evaluates subsequent events until the date these consolidated financial statements are issued. Significant subsequent events are described below: Amendments to the Credit Facility On January 16, 2026, the Company entered into an agreement with the Lenders to amend the Credit Agreement to (i) extend the maturity date of the credit facility eighteen months to July 18, 2028, (ii) remove the 10 basis points SOFR Adjustment and (iii) allow repurchases of shares of the Series A Preferred Stock, by amending certain distribution covenants so long as such repurchases are funded by proceeds from the issuance of preferred or common stock or asset sales, in each case, occurring within the trailing twelve month period of such repurchase. Preferred Stock Repurchase Program On January 16, 2026, the Company’s board approved an amendment to the Repurchase Program to (1) extend the expiration date of the Repurchase Program from December 31, 2026 to December 31, 2027 and (2) set the maximum amount of shares of Series A Preferred Stock that may be repurchased under the Repurchase Program at $49.6 million, including shares of Series A Preferred Stock that had been repurchased as of January 16, 2026. In January 2026, the Company repurchased 21,109 shares of Series A Preferred Stock for a total of $0.5 million at an average cost of $24.95 per share and there were 1,680,391 shares of Series A Preferred Stock outstanding as of the filing date of this Annual Report on Form 10-K. Preferred Dividends On November 12, 2025, the Company’s board of directors declared Series A Preferred Stock dividends payable of $0.8 million for the fourth quarter of 2025, which were paid on January 15, 2026. On March 17, 2026, the Company’s board of directors declared Series A Preferred Stock dividends payable of $0.8 million for the first quarter of 2026, which are scheduled to be paid on April 15, 2026. Common Stock and OP Unit Distributions On January 16, 2026, the Company’s board of directors authorized a 2.6% increase in the annual distribution rate from $1.17 per share to $1.20 per share commencing with monthly distributions payable to common stockholders and Class C OP Unit holders of record beginning as of January 30, 2026 and (ii) authorized monthly distributions of $0.10 per share payable to common stockholders and OP Unit holders of record as of January 30, 2026, February 27, 2026 and March 31, 2026, which will be paid on or about February 13, 2026, March 13, 2026 and April 15, 2026, respectively. On March 17, 2026, the Board authorized and the Company declared monthly distributions of $0.10 per share payable to common stockholders and Class C OP Unit holders of record as of April 30, 2026, May 29, 2026 and June 30, 2026, which will be paid on or about May 15, 2026, June 15, 2026 and July 15, 2026, respectively. The per share monthly distribution rate of $0.10 per share of Common Stock is equivalent to an annualized rate of $1.20 per share. TIC Interest Acquisition On January 16, 2026, the Company acquired the 27.3% remaining TIC interest for $9.6 million, giving the Company 100% ownership and control of the Santa Clara, California property leased to Fujifilm Dimatix, Inc. New Interest Rate Swap Agreements On January 16, 2026, the Company entered into three new swap agreements, effective December 31, 2025, for $83.3 million each, for an aggregate of $250.0 million, corresponding to the Term Loan, which will fix SOFR for the year ending December 31, 2026 at 2.45%, resulting in a fixed interest rate of 4.15%. The Company paid aggregate premiums of $2.7 million, including accrued interest receivable, to buy down the fixed rate below the prevailing market rate.

The Company evaluates subsequent events until the date these consolidated financial statements are issued. Significant subsequent events are described below:

On January 16, 2026, the Company entered into an agreement with the Lenders to amend the Credit Agreement to (i) extend the maturity date of the credit facility eighteen months to July 18, 2028, (ii) remove the 10 basis points SOFR Adjustment and (iii) allow repurchases of shares of the Series A Preferred Stock, by amending certain distribution covenants so long as such repurchases are funded by proceeds from the issuance of preferred or common stock or asset sales, in each case, occurring within the trailing twelve month period of such repurchase.

On January 16, 2026, the Company’s board approved an amendment to the Repurchase Program to (1) extend the expiration date of the Repurchase Program from December 31, 2026 to December 31, 2027 and (2) set the maximum amount of shares of Series A Preferred Stock that may be repurchased under the Repurchase Program at $49.6 million, including shares of Series A Preferred Stock that had been repurchased as of January 16, 2026.

In January 2026, the Company repurchased 21,109 shares of Series A Preferred Stock for a total of $0.5 million at an average cost of $24.95 per share and there were 1,680,391 shares of Series A Preferred Stock outstanding as of the filing date of this Annual Report on Form 10-K.

On November 12, 2025, the Company’s board of directors declared Series A Preferred Stock dividends payable of $0.8 million for the fourth quarter of 2025, which were paid on January 15, 2026.

On March 17, 2026, the Company’s board of directors declared Series A Preferred Stock dividends payable of $0.8 million for the first quarter of 2026, which are scheduled to be paid on April 15, 2026.

On January 16, 2026, the Company’s board of directors authorized a 2.6% increase in the annual distribution rate from $1.17 per share to $1.20 per share commencing with monthly distributions payable to common stockholders and Class C OP Unit holders of record beginning as of January 30, 2026 and (ii) authorized monthly distributions of $0.10 per share payable to common stockholders and OP Unit holders of record as of January 30, 2026, February 27, 2026 and March 31, 2026, which will be paid on or about February 13, 2026, March 13, 2026 and April 15, 2026, respectively.

On March 17, 2026, the Board authorized and the Company declared monthly distributions of $0.10 per share payable to common stockholders and Class C OP Unit holders of record as of April 30, 2026, May 29, 2026 and June 30, 2026, which will be paid on or about May 15, 2026, June 15, 2026 and July 15, 2026, respectively.

The per share monthly distribution rate of $0.10 per share of Common Stock is equivalent to an annualized rate of $1.20 per share.

On January 16, 2026, the Company acquired the 27.3% remaining TIC interest for $9.6 million, giving the Company 100% ownership and control of the Santa Clara, California property leased to Fujifilm Dimatix, Inc.