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Multi-Tenant Retail Disposition - Multi-Tenant Retail Portfolio (Details) $ in Thousands | 3 Months Ended | 9 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2025 USD ($) property | Sep. 30, 2024 USD ($) | Sep. 30, 2025 USD ($) property | Sep. 30, 2024 USD ($) | Jun. 30, 2025 property | Jun. 18, 2025 property | Jun. 10, 2025 property | Mar. 25, 2025 property | Dec. 31, 2024 property
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Operating (loss) income before (loss) gain on dispositions of real estate investments | $ (8,385) | $ 17,126 | $ 6,179 | $ 96,134 |  |  |  |  |
Number of retail properties | property | 852 |  | 852 |  |  |  |  |  |
Multi Tenant Retail Portfolio |  |  |  |  |  |  |  |  |
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Revenue from tenants | $ 0 | 57,898 | $ 76,637 | 173,885 |  |  |  |  |
Property operating | 0 | 18,351 | 26,020 | 57,984 |  |  |  |  |
Impairment charges | 0 | 100 | 0 | 100 |  |  |  |  |
Merger, transaction and other costs | 0 | 0 | 83 | 4 |  |  |  |  |
General and administrative | 0 | 1,661 | 2,651 | 4,625 |  |  |  |  |
Depreciation and amortization | 0 | 32,684 | 29,762 | 100,351 |  |  |  |  |
Total expenses | 0 | 52,796 | 58,516 | 163,064 |  |  |  |  |
Operating (loss) income before (loss) gain on dispositions of real estate investments | 0 | 5,102 | 18,121 | 10,821 |  |  |  |  |
Gain (loss) on dispositions of real estate investments | 623 | (33) | (51,332) | (76) |  |  |  |  |
Operating income (loss) of discontinued operations | 623 | 5,069 | (33,211) | 10,745 |  |  |  |  |
Interest expense | 0 | (17,626) | (23,831) | (53,617) |  |  |  |  |
Loss on extinguishment and modification of debt | 0 | 0 | (15,098) | (1) |  |  |  |  |
Gain (loss) on derivative instruments | 1,834 | 5 | (11,934) | 26 |  |  |  |  |
Other income | 7 | (125) | 42 | (137) |  |  |  |  |
Total other expense, net | 1,841 | (17,746) | (50,821) | (53,729) |  |  |  |  |
Net income (loss) before income tax | 2,464 | (12,677) | (84,032) | (42,984) |  |  |  |  |
Income tax expense | 0 | 0 | 0 | 0 |  |  |  |  |
Income (loss) from discontinued operations | $ 2,464 | $ (12,677) | $ (84,032) | $ (42,984) |  |  |  |  |
RCG Multi Tenant Retail Assets |  |  |  |  |  |  |  |  |
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Number of retail properties | property | 1 |  | 1 |  |  |  |  |  |
RCG Multi Tenant Retail Assets | Discontinued Operations, Held-for-Sale or Disposed of by Sale |  |  |  |  |  |  |  |  |
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Number of retail properties | property | 100 |  | 100 |  |  |  |  |  |
RCG Multi Tenant Retail Assets | Multi-tenant disposition receivable | Discontinued Operations, Held-for-Sale or Disposed of by Sale |  |  |  |  |  |  |  |  |
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Number of retail properties | property |  |  |  |  |  | 12 | 28 | 100 |
RCG Multi Tenant Retail Assets | Multi-tenant disposition receivable | Discontinued Operations, Held-for-Sale or Disposed of by Sale | Mortgage, First Closing |  |  |  |  |  |  |  |  |
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Number of retail properties | property |  |  |  |  |  |  |  | 59 |
RCG Multi Tenant Retail Assets | Multi-tenant disposition receivable | Discontinued Operations, Held-for-Sale or Disposed of by Sale | Tenant who exercised right of first refusal |  |  |  |  |  |  |  |  |
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |  |  |  |  |  |  |  |  |
Number of retail properties | property |  |  |  |  | 1 |  |  |  | 1

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