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Leases - The Company as a Lessor (Tables) | 12 Months Ended
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Dec. 31, 2025
Leases [Abstract] |
Schedule of Historical Cost and Accumulated Depreciation of Leased Property | The historical cost of, and accumulated depreciation on, leased property as of December 31, 2025 and 2024, was as follows (in thousands):
| 2025 |  | 2024
Leased property - real estate | $ | 1,673,837 |  |  | $ | 1,638,098 |
Less: accumulated depreciation | (285,456) |  |  | (255,483) |
Property under operating leases - net 1 | $ | 1,388,381 |  |  | $ | 1,382,615 |
1 Property under operating leases as of December 31, 2025 includes leased property included in assets held for sale.
Schedule of Total Rental Income Under Operating Leases | Total rental income (i.e., revenue) under these operating leases and sales-type leases, including revenues deemed uncollectible, net and provision for credit losses on sales-type leases, were as follows (in thousands):
| 2025 |  | 2024 |  | 2023
Operating leases: |  |  |  |  |
Lease payments | $ | 138,075 |  |  | $ | 135,666 |  |  | $ | 134,323 |
Variable lease payments | 65,634 |  |  | 63,376 |  |  | 60,836 |
Revenues deemed uncollectible, net | (1,470) |  |  | (1,316) |  |  | (552) |
Total rental income from operating leases | $ | 202,239 |  |  | $ | 197,726 |  |  | $ | 194,607 |
Sales-type leases: |  |  |  |  |
Interest income | $ | 925 |  |  | $ | — |  |  | $ | — |
Provision for credit losses on sales-type leases | (45) |  |  | — |  |  | — |
Total rental income from sales-type leases | $ | 880 |  |  | $ | — |  |  | $ | — |
Schedule of Total Rental Income Under Sales-type Leases | Total rental income (i.e., revenue) under these operating leases and sales-type leases, including revenues deemed uncollectible, net and provision for credit losses on sales-type leases, were as follows (in thousands):
| 2025 |  | 2024 |  | 2023
Operating leases: |  |  |  |  |
Lease payments | $ | 138,075 |  |  | $ | 135,666 |  |  | $ | 134,323 |
Variable lease payments | 65,634 |  |  | 63,376 |  |  | 60,836 |
Revenues deemed uncollectible, net | (1,470) |  |  | (1,316) |  |  | (552) |
Total rental income from operating leases | $ | 202,239 |  |  | $ | 197,726 |  |  | $ | 194,607 |
Sales-type leases: |  |  |  |  |
Interest income | $ | 925 |  |  | $ | — |  |  | $ | — |
Provision for credit losses on sales-type leases | (45) |  |  | — |  |  | — |
Total rental income from sales-type leases | $ | 880 |  |  | $ | — |  |  | $ | — |
Schedule of Future Minimum Rentals on Non-cancelable Operating Leases | Contractual future lease payments to be received on non-cancelable operating and interest income recognized on sales-type leases as of December 31, 2025, were as follows (in thousands):
|  | Operating |  | Sales-Type
2026 |  | $ | 136,304 |  |  | $ | 112 |
2027 |  | 128,546 |  |  | 417 |
2028 |  | 111,532 |  |  | 725 |
2029 |  | 93,375 |  |  | 743 |
2030 |  | 78,680 |  |  | 762 |
Thereafter |  | 551,973 |  |  | 141,291 |
Total future lease payments and interest income recognized on sales-type leases to be received |  | $ | 1,100,410 |  |  | $ | 144,050 |
Less: imputed interest |  |  |  | (133,863) |
Total present value of lease payments |  |  |  | $ | 10,187 |
Unguaranteed residual assets |  |  |  | 13,771 |
Total investment in sales-type leases |  |  |  | $ | 23,958 |
Schedule of Future Minimum Rentals on Non-cancelable Sales-Type Leases | Contractual future lease payments to be received on non-cancelable operating and interest income recognized on sales-type leases as of December 31, 2025, were as follows (in thousands):
|  | Operating |  | Sales-Type
2026 |  | $ | 136,304 |  |  | $ | 112 |
2027 |  | 128,546 |  |  | 417 |
2028 |  | 111,532 |  |  | 725 |
2029 |  | 93,375 |  |  | 743 |
2030 |  | 78,680 |  |  | 762 |
Thereafter |  | 551,973 |  |  | 141,291 |
Total future lease payments and interest income recognized on sales-type leases to be received |  | $ | 1,100,410 |  |  | $ | 144,050 |
Less: imputed interest |  |  |  | (133,863) |
Total present value of lease payments |  |  |  | $ | 10,187 |
Unguaranteed residual assets |  |  |  | 13,771 |
Total investment in sales-type leases |  |  |  | $ | 23,958 |

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