v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Composition of Operating Lease Revenue
The table below presents our composition of lease revenue recognized (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
Lease Revenue 2026202520262025
Fixed-lease revenue from operating leases$143,807 $136,256 $286,196 $267,867 
Variable-lease revenue44,322 39,264 94,826 82,881 
Sales-type lease interest income677 78 755 158 
$188,806 $175,598 $381,777 $350,906 
Schedule of Composition of Sales-Type Lease Revenue
The table below presents our composition of lease revenue recognized (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
Lease Revenue 2026202520262025
Fixed-lease revenue from operating leases$143,807 $136,256 $286,196 $267,867 
Variable-lease revenue44,322 39,264 94,826 82,881 
Sales-type lease interest income677 78 755 158 
$188,806 $175,598 $381,777 $350,906 
Schedule of Property Right-of-use Assets and Lease Liabilities Our property right-of-use assets and property lease liabilities on our consolidated balance sheets consisted of the following (in thousands):
LeasesBalance Sheet LocationJune 30,
2026		December 31,
2025
Right-of-use assets
Operating leases - PropertyProperty - operating lease right-of-use assets$47,405 $50,383 
Finance leases - PropertyPrepaid expenses and other assets, net6,041 5,373 
Total right-of-use assets$53,446 $55,756 
Lease liabilities
Operating leases - PropertyProperty - operating lease liabilities$42,485 $45,012 
Finance leases - PropertyOther liabilities1,070 363 
Total lease liabilities$43,555 $45,375 
Schedule of Property Lease Costs and Effect of Property Lease Payments on Consolidated Statements of Cash Flows The table below presents our total property lease cost (in thousands):
Statement of Operations LocationFor the Three Months Ended June 30,For the Six Months Ended June 30,
Lease Cost2026202520262025
Operating lease cost
Property leases - fixedProperty operating expenses$2,276 $2,271 $4,552 $4,537 
Property leases - variableProperty operating expenses27 27 54 54 
Finance lease cost
Amortization of property right-of-use assetsProperty operating expenses29 18 57 37 
Interest on lease liabilitiesInterest expense8 9 16 18 
$2,340 $2,325 $4,679 $4,646 

The table below presents the effect of property lease payments on our consolidated statements of cash flows (in thousands):
For the Six Months Ended June 30,
Supplemental Cash Flow Information20262025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$4,101 $3,917 
Operating cash flows for finance leases$16 $18 
Financing cash flows for finance leases$16 $14 
Schedule of Payments Due on Property Operating Leases
Payments on property leases were due as follows (in thousands):
June 30, 2026
Year Ending December 31,Operating LeasesFinance Leases
2026 (1)
$4,118 $305 
20278,418 214 
20282,838 216 
20292,094 218 
20302,129 171 
Thereafter151,870 153 
Total lease payments171,467 1,277 
Less: Amount representing interest(128,982)(207)
Lease liability$42,485 $1,070 
(1)Represents the six months ending December 31, 2026.
Schedule of Payments Due on Property Finance Leases
Payments on property leases were due as follows (in thousands):
June 30, 2026
Year Ending December 31,Operating LeasesFinance Leases
2026 (1)
$4,118 $305 
20278,418 214 
20282,838 216 
20292,094 218 
20302,129 171 
Thereafter151,870 153 
Total lease payments171,467 1,277 
Less: Amount representing interest(128,982)(207)
Lease liability$42,485 $1,070 
(1)Represents the six months ending December 31, 2026.