v3.26.1
Equity Method Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The following table sets forth our ownership interests in our equity method investments and their respective carrying values (dollars in thousands):
Carrying Value at
Lessee/Fund/DescriptionOwnership InterestJune 30, 2026December 31, 2025
Las Vegas Retail Complex (a) (b)
47.50%$250,514 $250,567 
Harmon Retail Corner (b)
15.00%23,338 23,641 
Kesko Senukai (c) (d)
70.00%5,651 34,732 
CESH (e)
N/A— 1,238 
$279,503 $310,178 
__________
(a)See “Las Vegas Retail Complex” below for discussion of this equity method investment.
(b)This investment is reported using the hypothetical liquidation at book value model, which may be different than pro rata ownership percentages, primarily due to the capital structure of the partnership agreement.
(c)The carrying value of this investment is affected by fluctuations in the exchange rate of the euro.
(d)See “Kesko Senukai” below for discussion of this equity method investment.
(e)CESH sold its last property during the first quarter of 2026 (and was dissolved in May 2026). Prior to dissolution, we elected to account for our investment in CESH at fair value by selecting the equity method fair value option available under GAAP.