v3.26.3
EQUITY (Tables)
 9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Schedule of Dividends Payable Distributions paid to stockholders and OP unit holders of record subsequent to September 30, 2026 were as follows (dollars in thousands, excluding per share amounts):
MonthDate of RecordDate Distribution PaidMonthly Distribution RateCash Distribution
September9/15/202610/1/2026$0.115 $16,184 
Schedule of OP Unit Activity
The table below is a summary of our OP unit activity for the three and nine months ended September 30, 2026 and 2025 (dollars and units in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
OP units converted into shares of common stock(1)
333 99 837 505 
Distributions declared on OP units(2)
$4,278 $4,210 $12,500 $12,437 
(1)OP units convert into shares of our common stock at a 1:1 ratio.
(2)Distributions declared on OP units are included in Distributions to Noncontrolling Interests on the consolidated statements of equity.