| Operating Leases, Lease Income Details |
Details of the Company's income from real estate for the three and nine months ended September 30, 2026 were as follows (in thousands): | | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | Nine Months Ended September 30, 2026 | | | Building base rent | $ | 347,863 | | | $ | 1,016,106 | | | | Land base rent | 49,734 | | | 149,033 | | | | Percentage rent and other rental revenue | 17,405 | | | 53,384 | | | | Interest income on real estate loans | 7,652 | | | 22,199 | | | | Total cash income | $ | 422,654 | | | $ | 1,240,722 | | | | Straight-line rent adjustments | (4,326) | | | (6,252) | | | | Ground rent in revenue | 9,747 | | | 29,370 | | | | Accretion on financing receivables | 7,374 | | | 22,113 | | | | | | | | | Total income from real estate | $ | 435,449 | | | $ | 1,285,953 | | |
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| Schedule of future minimum lease payments receivable from operating leases |
As of September 30, 2026, the future minimum rental income from the Company's rental properties under non-cancelable operating leases, including any reasonably assured renewal periods, was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Year ending December 31, | Future Rental Payments Receivable | | Straight-Line Rent Adjustments (1) | | Future Base Ground Rents Receivable | | Future Income to be Recognized Related to Operating Leases | | 2026 (remainder of year) | $ | 350,290 | | | $ | 10,727 | | | $ | 3,905 | | | $ | 364,922 | | | 2027 | 1,403,987 | | | 40,078 | | | 15,154 | | | 1,459,219 | | | 2028 | 1,377,737 | | | 40,748 | | | 15,036 | | | 1,433,521 | | | 2029 | 1,345,851 | | | 38,500 | | | 15,036 | | | 1,399,387 | | | 2030 | 1,352,238 | | | 32,112 | | | 15,043 | | | 1,399,393 | | | Thereafter | 4,411,649 | | | (23,766) | | | 58,508 | | | 4,446,391 | | | Total | $ | 10,241,752 | | | $ | 138,399 | | | $ | 122,682 | | | $ | 10,502,833 | |
(1) Includes a tenant improvement allowance that is being amortized over the life of a tenant lease and excludes deferred income on the Bally's Chicago Lease as the facility is under development and as such is not ready for its intended use.
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