v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Future Minimum Operating Lease Payments
Future minimum lease payments under non-cancellable leases as of June 30, 2026 where we are the lessee include (in millions):
Operating Leases
2026 (excluding six months ended June 30, 2026)
$1.6 
20272.8 
20282.3 
20292.2 
20302.2 
Thereafter28.9 
Total Lease Payments40.0 
Less: Imputed interest(17.4)
Present Value of Lease Liabilities$22.6 
Schedule of Future Minimum Finance Lease Payments
Future minimum lease payments under non-cancellable leases as of June 30, 2026 where we are the lessee include (in millions):
Operating Leases
2026 (excluding six months ended June 30, 2026)
$1.6 
20272.8 
20282.3 
20292.2 
20302.2 
Thereafter28.9 
Total Lease Payments40.0 
Less: Imputed interest(17.4)
Present Value of Lease Liabilities$22.6 
Schedule of Balance Sheet Lease Info
Right-of-use assets and lease liabilities for operating leases as included in our Condensed Consolidated Balance Sheets are as follows (in millions):
Financial Statement ClassificationAs of
June 30, 2026December 31, 2025
Right-of-use lease assets, netOther assets, net$43.5 $44.8 
Lease liabilitiesOther liabilities$22.6 $23.9 
Lease term, discount rates, and additional information for operating leases are as follows:
As of
Lease Term and Discount RateJune 30, 2026December 31, 2025
Weighted-average remaining lease terms (years)28.0227.20
Weighted-average discount rate4.03 %3.95 %
Schedule of Lease Expense
The components of lease costs for operating leases as included in our Condensed Consolidated Statements of Operations are as follows (in millions):
Financial Statement Classification
Three Months Ended June 30,
Six Months Ended June 30,
2026202520262025
Operating lease costGeneral and administrative expense, Property operating and maintenance,
Depreciation and amortization
$0.7 $1.0 $1.5 $1.4 
Variable lease costProperty operating and maintenance0.5 0.4 1.0 0.8 
Total Lease Cost$1.2 $1.4 $2.5 $2.2 
Schedule of Lease Terms
Six Months Ended June 30,
Other Information (in millions)
2026
2025
Cash Paid for Amounts Included in the Measurement of Lease Liabilities
Operating cash outflows for operating leases$1.5 $1.4 
Financing cash outflows for finance leases— 4.1 
Total Cash Paid on Lease Liabilities$1.5 $5.5