Investments and Dispositions

6 Months Ended

Jun. 30, 2026

Investments and Dispositions

The Company's investment spending during the six months ended June 30, 2026 totaled $492.2 million, and included the acquisition of seven attraction properties from Six Flags Entertainment Corporation for a total of $304.4 million. Enchanted Parks (formerly Innovative Attraction Management) is operating the six U.S. properties under a long-term triple-net master lease, and La Ronde Operations, Inc. is operating the Canadian property under a long-term triple-net lease. Investment spending for the six months ended June 30, 2026 also included the acquisition of two additional attraction properties and two fitness and wellness properties for a total of $148.8 million and mortgage financing of $12.8 million secured by a fitness and wellness property. The remaining investment spending for the six months ended June 30, 2026 related to experiential build-to-suit development and redevelopment projects.

The aggregate investment spending for the six months ended June 30, 2026 is as follows (in thousands):



Buildings and improvements	$	345,433
Furniture, fixtures & equipment	9,096
Land	64,508
Leasehold interests	(723)
Real estate investments	$	418,314





Total intangible assets and liabilities, net (1)	$	35,504
Mortgage notes receivable	14,695
Property under development	23,639
Total investment spending	$	492,152

(1) Intangible assets and liabilities are included in "Other assets" and "Accounts payable and accrued liabilities," respectively, in the accompanying consolidated balance sheets. The weighted average amortization period for intangible assets and intangible liabilities is 19.2 years and 15.8 years, respectively.