v3.26.1
SEGMENTS - Income by Segment (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Operations revenue $ 8,383 $ 8,028 $ 16,736 $ 16,022
Total revenues 78,418 72,842 156,584 144,318
Operating expenses:        
Interest expense 13,813 13,081 26,934 25,812
Reconciliation to Segment net income:        
Income tax expense (67) (112) (165) (175)
Net income 29,995 27,955 60,361 54,141
Real Estate Operations        
Reconciliation to Segment net income:        
Net income 29,853 27,748 60,177 53,879
Restaurant Operations        
Reconciliation to Segment net income:        
Net income 142 207 184 262
Operating Segments | Real Estate Operations        
Revenues:        
Total revenues 70,255 64,674 140,057 128,135
Operating expenses:        
Interest expense 12,925 12,295 25,246 24,244
Other segment items, net [1] 7,780 7,790 15,779 15,619
AFFO 49,550 44,589 99,032 88,272
Reconciliation to Segment net income:        
Depreciation and amortization (16,357) (14,413) (32,336) (28,663)
Stock-based compensation (2,455) (2,001) (5,068) (4,761)
Straight-line rent 470 837 1,248 1,563
Non-cash amortization of deferred financing costs (888) (786) (1,688) (1,568)
Other non-cash revenue adjustments (467) (478) (1,011) (964)
Net income 29,853 27,748 60,177 53,879
Operating Segments | Real Estate Operations | Real estate        
Revenues:        
Operations revenue 70,255 64,674 140,057 128,135
Operating Segments | Restaurant Operations        
Revenues:        
Total revenues 8,383 8,028 16,736 16,022
Operating expenses:        
Cost of goods sold 6,584 6,176 13,151 12,413
Other segment items, net [2] 1,438 1,404 2,971 2,941
EBITDA 361 448 614 668
Reconciliation to Segment net income:        
Depreciation and amortization (207) (207) (414) (386)
Income tax expense (12) (34) (16) (20)
Net income 142 207 184 262
Operating Segments | Restaurant Operations | Restaurant        
Revenues:        
Operations revenue $ 8,383 $ 8,028 $ 16,736 $ 16,022
[1] Other segment items, net includes: compensation and related expenses, external services, other operating costs, property expenses, other income, net, and income tax expense
[2] Other segment items, net includes: franchise fees, rent and property tax expense, and administrative expense