XML 48 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Leases (Tables)
9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Components of Leasing Revenue
The following table summarizes the components of leasing revenue for the three and nine months ended September 30, 2025 and 2024:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Leasing revenue—fixed payments$179,312 $152,357 $536,349 $449,948 
Leasing revenue—variable payments58,875 51,231 172,566 147,685 
Provision for doubtful accounts(955)(140)(3,311)(4,572)
$237,232 $203,448 $705,604 $593,061 
Schedule of Minimum Rental Payments
The following table summarizes the future rental payments to the Company:
Twelve months ending September 30, 
2026$591,552 
2027512,374 
2028435,767 
2029359,776 
2030278,437 
Thereafter1,007,828 
$3,185,734 
Schedule of Lease Costs
The following table summarizes the lease costs for the three and nine months ended September 30, 2025 and 2024:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2025202420252024
Operating lease costs$3,478 $3,281 $10,229 $9,818 
Finance lease costs:
   Amortization of ROU assets— 103 1,078 
   Interest on lease liabilities— 24 10 239 
$3,478 $3,408 $10,246 $11,135 
Schedule of Minimum Future Rental Payments Required
The following table summarizes the future rental payments required under the leases:        
September 30, 2025
Year ending December 31,Operating
Leases
2025$3,224 
202612,123 
202712,224 
20289,106 
20296,908 
Thereafter76,408 
Total undiscounted rental payments119,993 
Less imputed interest(50,261)
Total lease liabilities$69,732 
Weighted average remaining term23.9 years
Weighted average incremental borrowing rate6.9 %
Schedule of Finance Lease, Fiscal Year Maturity
The following table summarizes the future rental payments required under the leases:        
September 30, 2025
Year ending December 31,Operating
Leases
2025$3,224 
202612,123 
202712,224 
20289,106 
20296,908 
Thereafter76,408 
Total undiscounted rental payments119,993 
Less imputed interest(50,261)
Total lease liabilities$69,732 
Weighted average remaining term23.9 years
Weighted average incremental borrowing rate6.9 %