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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2025
Revenue Recognition [Abstract] |
Operating leases, lease income | Details of the Company's rental income for the year ended December 31, 2025 was as follows (in thousands):
| Year Ended December 31, 2025
Building base rent | $ | 1,218,460 |
Land base rent | 198,228 |
Percentage rent and other rental revenue | 72,624 |
Interest income on real estate loans | 16,034 |
Total cash income | $ | 1,505,346 |
Straight-line rent adjustments | 22,468 |
Ground rent in revenue | 38,582 |
Accretion on leases | 28,356 |
Total income from real estate | $ | 1,594,752 |
Schedule of future minimum lease payments receivable from operating leases | As of December 31, 2025, 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 | $ | 1,291,303 |  |  | $ | 48,457 |  |  | $ | 15,619 |  |  | $ | 1,355,379 |
2027 | 1,281,799 |  |  | 47,132 |  |  | 15,154 |  |  | 1,344,085 |
2028 | 1,284,186 |  |  | 40,002 |  |  | 15,036 |  |  | 1,339,224 |
2029 | 1,266,486 |  |  | 33,986 |  |  | 15,036 |  |  | 1,315,508 |
2030 | 1,272,602 |  |  | 27,870 |  |  | 15,043 |  |  | 1,315,515 |
Thereafter | 3,835,923 |  |  | (23,478) |  |  | 58,509 |  |  | 3,870,954 |
Total | $ | 10,232,299 |  |  | $ | 173,969 |  |  | $ | 134,397 |  |  | $ | 10,540,665 |
(1) Includes tenant improvement allowance that is being amortized over the life of a tenant lease and excludes deferred income on the Bally's Chicago Land Lease as the facility is under development and as such is not ready for its intended use.

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