v3.26.1
Real Estate Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Future Minimum Lease Payments Under Non-cancelable Operating Leases
Future minimum lease payments under the non-cancelable operating leases due to the Company for the years ending December 31, as of March 31, 2026, are as follows (in thousands):
2026 (nine months ending December 31)$82,886 
2027104,567 
202896,681 
202986,215 
203080,167 
2031 and thereafter458,838 
$909,354 
Schedule of Lease Receivables Future lease payments due to the Company under these leases for the years ending December 31, as of March 31, 2026, are as follows (in thousands):
2026 (nine months ending December 31)$653 
2027888 
2028909 
2029932 
2030954 
2031 and thereafter8,664 
Total undiscounted lease receivable13,000 
Discount(5,167)
Lease receivable$7,833 
Schedule of Operating Lease Payments The Company's future lease payments under these non-prepaid ground leases were as follows (in thousands):
OperatingFinancing
2026 (nine months ending December 31)$33 $115 
202745 154 
202846 154 
202947 154 
203048 154 
2031 and thereafter1,007 6,493 
Total undiscounted lease payments1,226 7,224 
Discount(480)(3,982)
Lease liabilities$746 $3,242 
Schedule of Finance Lease Payments The Company's future lease payments under these non-prepaid ground leases were as follows (in thousands):
OperatingFinancing
2026 (nine months ending December 31)$33 $115 
202745 154 
202846 154 
202947 154 
203048 154 
2031 and thereafter1,007 6,493 
Total undiscounted lease payments1,226 7,224 
Discount(480)(3,982)
Lease liabilities$746 $3,242 
Schedule of Ground Leases
The following table discloses other information regarding the ground leases.
Three Months Ended
March 31,
20262025
Operating leases:
Weighted-average remaining lease term in years (including renewal options)32.433.6
Weighted-average discount rate4.0 %4.0 %
Financing leases:
Weighted-average remaining lease term in years (including renewal options)37.738.6
Weighted-average discount rate4.3 %4.3 %