v3.26.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Revenues

The following table summarizes the components of lease revenues (amounts in thousands):

   

             
   Three Months Ended September 30,   Nine Months Ended September 30, 
   2026   2025   2026   2025 
   (unaudited)   (unaudited)   (unaudited)   (unaudited) 
Fixed lease revenues  $5,083   $2,259   $14,472   $5,664 
Variable lease revenues (1)   1,193    104    1,302    387 
Lease revenues (2) (3)  $6,276   $2,363   $15,774   $6,051 

 

 

(1)Includes reimbursements for property taxes, insurance, and common area maintenance services.
  
(2)Excludes lease intangible amortization of less than $0.1 million and less than $0.1 million for the three months ended September 30, 2026 and 2025, respectively, and less than $0.1 million and less than $0.1 million for the nine months ended September 30, 2026 and 2025, respectively.
  
(3)Excludes straight-line rent of less than $0.1 million and less than $0.1 million for the three months ended September 30, 2026 and 2025, respectively, and less than $0.1 million and less than $0.1 million for the nine months ended September 30, 2026 and 2025, respectively.