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Revenue Recognition
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Operating Leases
Minimum lease payments to be received under long-term operating leases and short-term specialty leases, excluding additional percentage rent based on tenants' sales volume and tenant reimbursements of certain operating expenses, and assuming no exercise of renewal options or early termination rights, are as follows:
As of March 31, 2026
Remaining 2026$178,505 
2027219,523 
2028192,257 
2029161,480 
2030132,869 
Thereafter478,908 
Total$1,363,542 
The foregoing table includes payments from tenants who have taken possession of their space and tenants who have been moved to the cash basis of accounting for revenue recognition purposes. The remaining lease terms range from less than one year to fifty-five years.
The following table presents the disaggregation of lease income, net:
Three months ended March 31
20262025
Minimum base rent$51,451 $47,066 
Real estate tax recoveries9,204 8,599 
Common area maintenance, insurance, and other recoveries10,338 9,399 
Ground rent income5,805 5,076 
Amortization of market-lease intangibles and inducements, net2,258 895 
Short-term and other lease income1,291 1,417 
Termination fee income802 10 
Straight-line rent adjustments, net1,178 894 
(Provision for) reversal of estimated credit losses(217)33 
Lease income, net$82,110 $73,389