v3.26.1
Future Minimum Rents and Lease Payments (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Future Minimum Base Rents Receivable
The following table summarizes the future minimum base rents (excluding tenant reimbursements for operating expenses and termination fees related to tenants exercising early termination options) for properties as of June 30, 2026:
YearAmount
Remaining 2026
$251,665 
2027459,373 
2028412,779 
2029344,330 
2030289,712 
Thereafter1,288,409 
TOTAL$3,046,268 
Schedule of Future Minimum Lease Payments Due
The following table provides information regarding the Company’s future minimum lease payments for its operating leases (including the impact of the extension options which the Company is reasonably certain to exercise) as of June 30, 2026:
Year
Lease Payments(1)
Remaining 2026
$16,125 
202731,735 
202831,610 
202931,355 
203028,671 
Thereafter460,797 
Total operating lease payments
600,293 
Less: interest portion(276,807)
PRESENT VALUE OF OPERATING LEASE LIABILITIES$323,486 
__________________ 
1.Future minimum lease payments for operating leases denominated in a foreign currency are translated to U.S. dollars using the exchange rate in effect as of the financial statement date.
Schedule of Rental Expense
The following table summarizes rental expense for operating leases:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Variable rental expense$2,367 $1,459 $4,888 $2,454 
Minimum rental expense$9,678 $10,866 $19,775 $28,014