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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Base Cash Rental Payments
The following table reflects the base cash rental payments due from the Company as of March 31, 2024:
(In thousands)
Future Base Rent Payments (1)
2024 (remainder) $3,198 
20253,485 
20263,368 
20273,395 
20283,422 
Thereafter79,425 
Total minimum lease payments (2)
96,293 
Less: Effects of discounting(48,589)
Total present value of lease payments$47,704 
________
(1)Assumes exchange rates of £1.00 to $1.26 for GBP and €1.00 to $1.08 for EUR as of March 31, 2024 for illustrative purposes, as applicable.
(2)Ground lease rental payments due for the Company’s ING Amsterdam lease are not included in the table above as the Company’s ground rent for this property is prepaid through 2050.