v3.26.1
Real Estate Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Future Minimum Lease Payments Under Non-cancelable Operating Leases
Future minimum lease payments under the non-cancelable operating leases due to the Company for the years ending December 31, as of June 30, 2026, are as follows (in thousands):
2026 (six months ending December 31)$56,793 
2027108,511 
2028101,004 
202989,934 
203083,970 
2031 and thereafter464,517 
$904,729 
Schedule of Lease Receivables Future lease payments due to the Company under these leases for the years ending December 31, as of June 30, 2026, are as follows (in thousands):
2026 (six months ending December 31)$437 
2027888 
2028909 
2029932 
2030954 
2031 and thereafter8,664 
Total undiscounted lease receivable12,784 
Discount(5,013)
Lease receivable$7,771 
Schedule of Operating Lease Payments The Company's future lease payments under these non-prepaid ground leases were as follows (in thousands):
OperatingFinancing
2026 (six months ending December 31)$22 $77 
202745 154 
202846 154 
202947 154 
203048 154 
2031 and thereafter1,007 6,493 
Total undiscounted lease payments1,215 7,186 
Discount(472)(3,948)
Lease liabilities$743 $3,238 
Schedule of Finance Lease Payments The Company's future lease payments under these non-prepaid ground leases were as follows (in thousands):
OperatingFinancing
2026 (six months ending December 31)$22 $77 
202745 154 
202846 154 
202947 154 
203048 154 
2031 and thereafter1,007 6,493 
Total undiscounted lease payments1,215 7,186 
Discount(472)(3,948)
Lease liabilities$743 $3,238 
Schedule of Ground Leases
The following table discloses other information regarding the ground leases.
Three Months Ended
June 30,
20262025
Operating leases:
Weighted-average remaining lease term in years (including renewal options)32.133.3
Weighted-average discount rate4.1 %4.0 %
Financing leases:
Weighted-average remaining lease term in years (including renewal options)37.438.4
Weighted-average discount rate4.3 %4.3 %