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Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Reconciliation of Net Income

The following table reconciles net income, the most directly comparable GAAP measure, to NOI:

									Three months ended March 31
															2025						2024
Net income															$	6,792					$	2,900
Adjustments to reconcile to NOI:
Other income and expense, net															(607)						(858)
Interest expense, net															8,322						9,634
Depreciation and amortization															30,614						28,168
General and administrative															8,547						7,974
Adjustments to NOI (a)															(1,799)						(2,043)
NOI															$	51,869					$	45,775

(a)Adjustments to NOI include lease termination income and expense and GAAP Rent Adjustments.

Schedule of Disaggregation of Property Operating Expenses

The following table reflects the disaggregation of property operating expenses:

									Three months ended March 31
															2025						2024
Repairs and maintenance															$	3,375					$	2,934
Payroll, benefits, and office															2,755						2,675
Utilities and waste removal															2,462						2,128
Property insurance															1,330						1,542
Security, legal, and other expenses															825						720
Property operating expenses															$	10,747					$	9,999

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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-Section 50
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