v3.26.1
Operating Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Future Base Rent Under Non-cancelable Leases

As of June 30, 2026, future base rent under non-cancelable leases were as follows, assuming no exercise of lease renewal options, if any:

 

($s in thousands)

 

 

 

2026 (1)

 

$

13,999

 

2027 (1)

 

 

25,930

 

2028 (1)

 

 

20,522

 

2029

 

 

17,694

 

2030

 

 

9,074

 

Thereafter

 

 

20,189

 

Total

 

$

107,408

 

(1) Excludes base rent of $876, $1,804, and $332, respectively, for 2026, 2027, and 2028, from a tenant that is not probable to collect.

Schedule of Future Lease Payments Due Under Ground Lease

The following table details the future lease payments due under the ground lease as of June 30, 2026:

 

($s in thousands)

 

 

 

2026

 

$

83

 

2027

 

 

166

 

2028

 

 

166

 

2029

 

 

170

 

2030

 

 

172

 

Thereafter

 

 

5,322

 

Total lease payment

 

 

6,079

 

Difference between undiscounted cash flows and discounted cash flow

 

 

(3,735

)

Total lease liability

 

$

2,344