Real Estate Transactions	3 Months Ended
Mar. 31, 2026
Real Estate [Abstract]
Real Estate Transactions	Real Estate Transactions The Company’s acquisitions for the three months ended March 31, 2026 and 2025 were allocated to separately identifiable tangible and intangible assets and liabilities based on their relative fair values at the date of acquisition. 2026 Activity - During the three months ended March 31, 2026, the Company acquired 61 properties (including 12 properties acquired from a related party. See Note 9. Related Party Transactions for further details) in various states in individual or portfolio transactions for a combined purchase price of $34.6 million, or a total cost of $35.6 million including capitalized acquisition costs, which were funded with both the issuance of OP Units to the sellers (valued at approximately $0.7 million using the share price of Class A common stock on the date of each issuance of such OP Units) and cash consideration. Of the total acquisition cost, $8.5 million was allocated to land, $26.4 million was allocated to buildings and improvements, $2.7 million was allocated to intangible assets pertaining to the in-place lease intangibles and above market lease value and $(2.0) million was allocated to intangible liabilities for the below market lease value, 2025 Activity - During the three months ended March 31, 2025, the Company acquired 36 properties for a combined purchase price of $15.8 million, or a total cost of $16.3 million including capitalized acquisition costs which were funded with both the issuance of OP Units to the sellers (valued at approximately $1.0 million using the share price of Class A common stock on the date of each issuance of such OP Units) and cash consideration. Of the total acquisition cost, $4.0 million was allocated to land, $12.7 million was allocated to buildings and improvements, $1.2 million was allocated to intangible assets pertaining to the in-place lease intangibles and above market lease value, $(1.4) million was allocated to intangible liabilities for the below market lease value and $(0.1) million for unfavorable operating leases with purchase options that is included in “Accounts payable, accrued expenses and other, net" on the Consolidated Balance Sheets. Casualty and Impairment (Gains) Losses, Net During the three months ended March 31, 2026, the Company recognized $0.1 million in gross charges primarily related to the estimated net book value of several properties damaged and related repairs and other costs, offset by an estimated $0.4 million of related insurance claims, of which $0.2 million are included in "Rent and other receivables" on the Consolidated Balance Sheets, that the Company believes is probable it will recover, resulting in a net charge of $(0.3) million included within “Casualty and impairment (gains) losses, net” on the Consolidated Statement of Operations and Comprehensive Income (Loss). During the three months ended March 31, 2025, the Company recognized $0.5 million in gross charges primarily related to the net book value of two properties damaged and related repairs, partially offset by an estimated $0.4 million of related insurance claims, that are included in "Rent and other receivables" on the Consolidated Balance Sheets, that the Company believes is probable it will recover, resulting in a net charge of $0.1 million included within "Casualty and impairment (gains) losses, net" in the Consolidated Statement of Operations and Comprehensive Income (Loss). The Company expects insurance proceeds to cover substantially all of such loss subject to applicable deductibles. To the extent insurance proceeds ultimately exceed the difference between replacement cost and net book value of the damaged assets and any related expenses incurred, the excess will be reflected as income in the period those amounts are determinable and approved by the insurance company. No determination has been made as to the total amount of timing of insurance payments that may be received as a result of the events.

2026 Activity - During the three months ended March 31, 2026, the Company acquired 61 properties (including 12 properties acquired from a related party. See Note 9. Related Party Transactions for further details) in various states in individual or portfolio transactions for a combined purchase price of $34.6 million, or a total cost of $35.6 million including capitalized acquisition costs, which were funded with both the issuance of OP Units to the sellers (valued at approximately $0.7 million using the share price of Class A common stock on the date of each issuance of such OP Units) and cash consideration. Of the total acquisition cost, $8.5 million was allocated to land, $26.4 million was allocated to buildings and improvements, $2.7 million was allocated to intangible assets pertaining to the in-place lease intangibles and above market lease value and $(2.0) million was allocated to intangible liabilities for the below market lease value,

2025 Activity - During the three months ended March 31, 2025, the Company acquired 36 properties for a combined purchase price of $15.8 million, or a total cost of $16.3 million including capitalized acquisition costs which were funded with both the issuance of OP Units to the sellers (valued at approximately $1.0 million using the share price of Class A common stock on the date of each issuance of such OP Units) and cash consideration. Of the total acquisition cost, $4.0 million was allocated to land, $12.7 million was allocated to buildings and improvements, $1.2 million was allocated to intangible assets pertaining to the in-place lease intangibles and above market lease value, $(1.4) million was allocated to intangible liabilities for the below market lease value and $(0.1) million for unfavorable operating leases with purchase options that is included in “Accounts payable, accrued expenses and other, net" on the Consolidated Balance Sheets.

During the three months ended March 31, 2026, the Company recognized $0.1 million in gross charges primarily related to the estimated net book value of several properties damaged and related repairs and other costs, offset by an estimated $0.4 million of related insurance claims, of which $0.2 million are included in "Rent and other receivables" on the Consolidated Balance Sheets, that the Company believes is probable it will recover, resulting in a net charge of $(0.3) million included within “Casualty and impairment (gains) losses, net” on the Consolidated Statement of Operations and Comprehensive Income (Loss). During the three months ended March 31, 2025, the Company recognized $0.5 million in gross charges primarily related to the net book value of two properties damaged and related repairs, partially offset by an estimated $0.4 million of related insurance claims, that are included in "Rent and other receivables" on the Consolidated Balance Sheets, that the Company believes is probable it will recover, resulting in a net charge of $0.1 million included within "Casualty and impairment (gains) losses, net" in the Consolidated Statement of Operations and Comprehensive Income (Loss). The Company expects insurance proceeds to cover substantially all of such loss subject to applicable deductibles.

To the extent insurance proceeds ultimately exceed the difference between replacement cost and net book value of the damaged assets and any related expenses incurred, the excess will be reflected as income in the period those amounts are determinable and approved by the insurance company.