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v3.25.3

Segments - Schedule of Reporting Segment NOI (Details) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 USD ($) | Sep. 30, 2024 USD ($) | Sep. 30, 2025 USD ($) segment | Sep. 30, 2024 USD ($)
Segment Reporting [Abstract] |  |  |  |
Number of reportable segments | segment |  |  | 1 |
Segment Reporting, Asset Reconciling Item [Line Items] |  |  |  |
Rental revenue | $ 169,907 | $ 174,467 | $ 509,220 | $ 529,218
Reportable Segment |  |  |  |
Segment Reporting, Asset Reconciling Item [Line Items] |  |  |  |
Rental revenue | 169,907 | 174,467 | 509,220 | 529,218
Total reportable segment revenue | 176,366 | 181,872 | 529,197 | 549,872
Store payroll and related costs | 13,012 | 12,487 | 39,133 | 38,975
Property tax expense | 15,983 | 15,042 | 47,818 | 45,475
Utilities expense | 6,450 | 5,990 | 17,418 | 16,220
Repairs & maintenance expense | 3,854 | 3,835 | 13,565 | 12,359
Marketing expense | 5,986 | 4,715 | 18,376 | 14,432
Insurance expense | 2,488 | 2,732 | 7,682 | 8,311
Other property operating expenses | 7,574 | 7,911 | 22,086 | 23,835
Total property operating expenses | 55,347 | 52,712 | 166,078 | 159,607
Net operating income | 121,019 | 129,160 | 363,119 | 390,265
Other property-related revenue |  |  |  |
Segment Reporting, Asset Reconciling Item [Line Items] |  |  |  |
Other property-related revenue | 6,459 | 7,405 | 19,977 | 20,654
Other property-related revenue | Reportable Segment |  |  |  |
Segment Reporting, Asset Reconciling Item [Line Items] |  |  |  |
Other property-related revenue | $ 6,459 | $ 7,405 | $ 19,977 | $ 20,654

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