XML 47 R29.htm IDEA: XBRL DOCUMENT v3.26.1
EQUITY (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Dividends Payable
Distributions—For each month beginning January 2026 through June 2026, we declared and paid monthly distributions of $0.1083 per common share and Operating Partnership unit (“OP unit”). Distributions paid to stockholders and OP unit holders of record subsequent to June 30, 2026 were as follows (dollars in thousands, excluding per share amounts):
MonthDate of RecordDate Distribution PaidMonthly Distribution RateCash Distribution
June6/15/20267/1/2026$0.1083 $15,051 
Schedule of OP Unit Activity
The table below is a summary of our OP unit activity for the three and six months ended June 30, 2026 and 2025 (dollars and shares in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
OP units converted into shares of common stock(1)
390 180 504 406 
Distributions declared on OP units(2)
$4,329 $4,176 $8,222 $8,227 
(1)OP units convert into shares of our common stock at a 1:1 ratio.
(2)Distributions declared on OP units are included in Distributions to Noncontrolling Interests on the consolidated statements of equity.