Leases |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Leases [Abstract] | |
| Leases | Leases Sale-Leaseback Transactions with Unrelated Third Parties During the six months ended June 30, 2026, we entered into and consummated sale-leaseback transactions with two unrelated third parties. Under these transactions, we sold five properties with a combined net book value of $207.0 million for gross proceeds of $201.0 million, which were reduced by transaction costs of $0.8 million, for net cash proceeds of $200.2 million. The estimated fair value of the properties sold was $209.8 million. The entire $200.2 million of net cash proceeds received in connection with these sale-leaseback transactions is reported within investing activities on our condensed consolidated statement of cash flows for the six months ended June 30, 2026. We recognized a net gain of $2.0 million on these sale-leaseback transactions during the three and six months ended June 30, 2026, which is included in Other operating expense in our condensed consolidated statement of operations. Right-of-use assets and lease liabilities recognized in connection with these sale-leaseback transactions were $125.8 million and $115.7 million, respectively.
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