v3.26.1
Leases
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases

Note 4 – Leases

The components of rental revenues for the three and six months ended June 30, 2026 and 2025 are as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

 

2025

 

Fixed lease payments

 

$

115,933

 

 

$

107,552

 

 

$

229,378

 

 

 

$

225,073

 

Variable lease payments

 

 

26,081

 

 

 

28,901

 

 

 

54,009

 

 

 

 

48,740

 

Total rental revenues

 

$

142,014

 

 

$

136,453

 

 

$

283,387

 

 

 

$

273,813

 

The undiscounted future fixed lease payments to be received under the Company's operating leases as of June 30, 2026, are as follows:

Years Ending December 31,

 

 

 

2026 (1)

 

$

232,349

 

2027

 

 

394,494

 

2028

 

 

310,381

 

2029

 

 

234,157

 

2030

 

 

178,998

 

2031

 

 

130,595

 

Thereafter

 

 

394,825

 

Total undiscounted lease payments

 

$

1,875,799

 

(1)
Reflects rental payments for the period July 1, 2026 to December 31, 2026.