v3.26.1
Segment Reporting - Segment’s Income to Consolidated Net (Loss) Income Attributable to Common Stockholders (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]            
Revenue from tenants $ 112,475   $ 124,905   $ 221,761 $ 257,320
Total net operating income 54,731   42,297   85,671 14,423
Impairment charges (3,695) $ (11,100) (9,812) $ (60,300) (14,810) (70,127)
Merger, transaction and other costs (6,561)   (2,002)   (10,948) (3,581)
General and administrative (11,884)   (11,339)   (24,028) (27,542)
Equity-based compensation (3,942)   (3,338)   (7,984) (6,431)
Depreciation and amortization (41,512)   (45,636)   (83,124) (101,970)
Goodwill impairment 0   0   0 (7,134)
Gain (loss) on dispositions of real estate investments 23,250   1,537   31,129 (141)
Interest expense (38,820)   (53,348)   (78,011) (106,785)
Loss on extinguishment of debt (11,911)   (4,348)   (13,618) (4,766)
(Loss) gain on derivative instruments (302)   (8,823)   2,763 (12,679)
Unrealized gain (loss) on undesignated foreign currency advances and other hedge ineffectiveness 1,816   (6,324)   1,816 (12,675)
Other income 276   1,683   450 1,731
Net income (loss) before income tax 5,790   (28,863)   (929) (120,751)
Income tax expense (4,775)   (2,995)   (6,417) (6,275)
Income (loss) from continuing operations 1,015   (31,858)   (7,346) (127,026)
Income (loss) from discontinued operations 2,471   7,715   5,754 (86,496)
Net income (loss) 3,486   (24,143)   (1,592) (213,522)
Preferred stock dividends (10,936)   (10,936)   (21,872) (21,872)
Net loss attributable to common stockholders (7,450)   (35,079)   (23,464) (235,394)
Operating Segments            
Segment Reporting [Line Items]            
Revenue from tenants 112,475   124,905   221,761 257,320
Total net operating income 99,075   112,887   195,436 231,349
Industrial & Distribution            
Segment Reporting [Line Items]            
Revenue from tenants 51,692   54,997   100,876 113,008
Total net operating income 46,048   50,762   89,976 103,501
Industrial & Distribution | Operating Segments            
Segment Reporting [Line Items]            
Revenue from tenants 51,692   54,997   100,876 113,008
Total net operating income 46,048   50,762   89,976 103,501
Retail            
Segment Reporting [Line Items]            
Revenue from tenants 29,995   35,357   59,541 72,314
Total net operating income 26,167   32,355   52,038 65,421
Retail | Operating Segments            
Segment Reporting [Line Items]            
Revenue from tenants 29,995   35,357   59,541 72,314
Total net operating income 26,167   32,355   52,038 65,421
Office            
Segment Reporting [Line Items]            
Revenue from tenants 30,788   34,551   61,344 71,998
Total net operating income 26,860   29,770   53,422 62,427
Office | Operating Segments            
Segment Reporting [Line Items]            
Revenue from tenants 30,788   34,551   61,344 71,998
Total net operating income $ 26,860   $ 29,770   $ 53,422 $ 62,427