v3.26.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Liabilities Subject to Compromise The following table presents LSTC as of December 31, 2025:
As of December 31, 2025
Debt$1,519,069 
Accrued interest42,230 
Accounts payable and other liabilities
16,834 
Total liabilities subject to compromise$1,578,133 
Schedule of Reorganization Items Reorganization items, net from the Petition Date through December 31, 2025 include the following:
Year Ended December 31, 2025
Professional fees$29,885 
Debt valuation adjustments25,429 
Debt issuance costs23,019 
Total reorganization items, net$78,333 
Schedule of Real Estate Properties
As of December 31, 2025 and 2024, our acquired real estate leases and assumed real estate lease obligations, excluding properties classified as held for sale, were as follows:
 December 31,
20252024
Acquired real estate leases:
Capitalized above market lease values$4,620 $7,715 
Less: accumulated amortization(3,569)(5,814)
Capitalized above market lease values, net1,051 1,901 
Lease origination value344,445 433,347 
Less: accumulated amortization(195,242)(241,509)
Lease origination value, net149,203 191,838 
Acquired real estate leases, net$150,254 $193,739 
Assumed real estate lease obligations:
Capitalized below market lease values$14,098 $14,177 
Less: accumulated amortization(5,724)(4,652)
Assumed real estate lease obligations, net$8,374 $9,525