| Schedule of lease Income related to the Company's operating leases |
Lease income related to the Company’s operating leases is comprised of the following: | | | | | | | | | | | | Three months ended September 30, 2026 | | | Residential | | Commercial | | Total | | | | (in thousands) | Lease income related to fixed lease payments | | $ | 38,999 | | $ | 3,712 | | $ | 42,711 | Lease income related to variable lease payments | | | — | | | 985 | | | 985 | Other (a) | | | (136) | | | 6 | | | (130) | Lease Income (b) | | $ | 38,863 | | $ | 4,703 | | $ | 43,566 |
| | | | | | | | | | | | Three months ended September 30, 2025 | | | Residential | | Commercial | | Total | | | | (in thousands) | Lease income related to fixed lease payments | | $ | 36,665 | | $ | 3,945 | | $ | 40,610 | Lease income related to variable lease payments | | | (1) | | | 1,091 | | | 1,090 | Other (a) | | | (721) | | | (123) | | | (844) | Lease Income (b) | | $ | 35,943 | | $ | 4,913 | | $ | 40,856 |
| (a) | For the three months ended September 30, 2026 and 2025, “Other” is comprised of revenue adjustments related to changes in collectability and amortization of above and below market lease intangibles and lease inducements. |
| (b) | Excludes other rental income for the three months ended September 30, 2026 and 2025 of $2,803 and $2,870, respectively, which is accounted for under the revenue recognition standard. |
| | | | | | | | | | | | Nine months ended September 30, 2026 | | | Residential | | Commercial | | Total | | | | (in thousands) | Lease income related to fixed lease payments | | $ | 115,164 | | $ | 11,502 | | $ | 126,666 | Lease income related to variable lease payments | | | — | | | 3,256 | | | 3,256 | Other (a) | | | (1,306) | | | (328) | | | (1,634) | Lease Income (b) | | $ | 113,858 | | $ | 14,430 | | $ | 128,288 |
| | | | | | | | | | | | Nine months ended September 30, 2025 | | | Residential | | Commercial | | Total | | | | (in thousands) | Lease income related to fixed lease payments | | $ | 107,263 | | $ | 11,822 | | $ | 119,085 | Lease income related to variable lease payments | | | — | | | 3,167 | | | 3,167 | Other (a) | | | (986) | | | (304) | | | (1,290) | Lease Income (b) | | $ | 106,277 | | $ | 14,685 | | $ | 120,962 |
| (a) | For the nine months ended September 30, 2026 and 2025, “Other” is comprised of revenue adjustments related to changes in collectability and amortization of above and below market lease intangibles and lease inducements. |
| (b) | Excludes other rental income for the nine months ended September 30, 2026 and 2025 of $8,346 and $7,944. respectively, which is accounted for under the revenue recognition standard. |
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