Summary of Future Base Rent Payments, Excluding Variable Lease Payments, to be received under Operating Leases

The table below presents future base rent payments, excluding variable lease payments, to be received under the Company’s operating leases as of June 30, 2026 for the years indicated, assuming no early terminations or expiring leases are renewed. Leases for the self-storage properties and the student housing property are generally 12 months or less and are therefore excluded from the table below.


	Lease Payments
2026 (remainder of the year)	$	10,044
2027		20,427
2028		19,919
2029		19,413
2030		18,577
Thereafter		74,746
Total	$	163,126

Summary of Remaining Lease Term, Including Extensions

The table below shows the remaining lease term, including extensions, as of June 30, 2026, for the leases where the Company is a lessee:


Ground Lease	Remaining Lease Term (in years)
Phoenix Property		66
Jordan Valley Medical Center		133
Saint Elizabeth Medical Center		82

Summary of Finance Lease Cost

For the three and six months ended June 30, 2026 and 2025, total finance lease cost was comprised as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Amortization of finance lease right-of-use asset	$	12	$	—	$	12	$	—
Interest on finance lease liability		23		—		23		—
Total finance lease cost	$	35	$	—	$	35	$	—

Summary of Operating and Finance Lease Liability Fiscal Year Maturity

Lease payments for the ground leases as of June 30, 2026 for each of the five succeeding years and thereafter is as follows:


	Operating			Finance
2026 (remainder of the year)	$	33		$	52
2027		67			121
2028		70			121
2029		73			121
2030		73			121
Thereafter		6,612			16,461
Total undiscounted lease payments	$	6,928		$	16,997
Less: Amount representing interest		(5,869	)		(15,312	)
Present value of lease liability	$	1,059		$	1,685