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Segment Information (Tables)
3 Months Ended
Mar. 31, 2026
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
20262025
Net income$5,184 $6,792 
Adjustments to reconcile to NOI:
Other income and expense, net(315)(607)
Interest expense, net10,085 8,322 
Depreciation and amortization36,385 30,614 
General and administrative9,319 8,547 
Adjustments to NOI (a)(4,238)(1,799)
NOI$56,420 $51,869 
(a)Adjustments to NOI include lease termination income and expense and GAAP Rent Adjustments.
Schedule of Disaggregation of Property Operating Expenses
The following table presents the disaggregation of property operating expenses:
Three months ended March 31
20262025
Repairs and maintenance$4,148 $3,375 
Payroll, benefits, and office2,862 2,755 
Utilities and waste removal2,702 2,462 
Property insurance1,333 1,330 
Security, legal, and other976 825 
Property operating expenses$12,021 $10,747