Leases (Tables)

9 Months Ended

Sep. 30, 2026

Leases [Abstract]

Summary of Disaggregation of Lease Income

The disaggregation of the Company’s lease income, which is included in Rental income on the Company’s consolidated statements of operations, as either fixed or variable lease income based on the criteria specified in FASB Accounting Standards Codification (“ASC”) 842, for the three and nine months ended September 30, 2026 and 2025 was as follows (in thousands):


		Three Months								Nine Months
		Ended September 30,								Ended September 30,
		2026				2025				2026				2025
Rental income:
Fixed lease income(A)		$	3,069			$	17,869			$	14,608			$	63,165
Variable lease income(B)			1,323				6,058				5,837				22,448
Above-market and below-market leases amortization, net			15				123				135				429
Adjustments for potentially uncollectible revenues and disputed amounts(C)			64				153				(21	)			273
Total rental income		$	4,471			$	24,203			$	20,559			$	86,315

(A)

Includes minimum base rents, expense reimbursements, ancillary income and straight-line rent adjustments.

(B)

Includes expense reimbursements, percentage and overage rent, lease termination fee income and ancillary income.

(C)

The amounts represent adjustments associated with potentially uncollectible revenues and disputed amounts.