v3.26.1
Finance Receivables (Tables)
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Net Investments in Direct Financing Leases
Net investments in sales-type leases is summarized as follows (in thousands):
June 30, 2026December 31, 2025
Lease payments receivable (a)
$— $47,726 
— 47,726 
Less: unearned income— (1,033)
Less: allowance for credit losses (b)
— (4,815)
$— $41,878 
__________
(a)Includes estimated purchase price and total rents owed.
(b)As of December 31, 2025, we recorded an allowance for credit loss on a net investment in sales-type lease, reflecting the possibility that the sale was not completed due to unresolved maintenance work at the property. During the six months ended June 30, 2026, the tenant at the property indicated that it would terminate the purchase agreement (as a result of unresolved maintenance work), and the property was reclassified as a net-lease property, as described above.
Schedule of Finance Receivables Credit Quality Indicators
A summary of our finance receivables by internal credit quality rating, excluding our allowance for credit losses, is as follows (dollars in thousands):
Number of Tenants / Obligors atCarrying Value at
Internal Credit Quality IndicatorJune 30, 2026December 31, 2025June 30, 2026December 31, 2025
11$— $37,950 
2— — 
31— 8,743 
4— — 
5— — 
$— $46,693