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Net Investment in Sales-type Leases and Ground Lease Receivables - Schedule of Allowance for Credit Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Net Investment in Sales-type Leases |  |  |  |
Allowance for credit losses at beginning of period |  |  | $ 6,821 |
Allowance for credit losses, including unfunded commitments, at beginning of period | $ 8,360 | $ 1,523 | 6,821 | $ 465
Provision for (recovery of) credit losses | 600 | 4,500 | 2,200 | 5,600
Provision for (recovery of) credit losses, including unfunded commitments | 636 | 4,525 | 2,175 | 5,583
Allowance for credit losses at end of period | 8,966 |  | 8,966 |
Allowance for credit losses, including unfunded commitments, at end of period | 8,996 | 6,048 | 8,996 | 6,048
Ground lease receivables |  |  |  |
Allowance for credit losses, including unfunded commitments, at beginning of period | 5,634 | 786 | 3,701 | 406
Provision for (recovery of) credit losses | 400 | 2,700 | 2,300 | 3,000
Provision for (recovery of) credit losses including unfunded commitments | 390 | 2,653 | 2,323 | 3,033
Allowance for credit losses, including unfunded commitments, at end of period | 6,024 | 3,439 | 6,024 | 3,439
Stabilized properties |  |  |  |
Net Investment in Sales-type Leases |  |  |  |
Allowance for credit losses at beginning of period | 7,833 | 1,431 | 6,385 | 387
Provision for (recovery of) credit losses | 607 | 4,226 | 2,055 | 5,270
Allowance for credit losses at end of period | 8,440 | 5,657 | 8,440 | 5,657
Ground lease receivables |  |  |  |
Allowance for credit losses at beginning of period | 4,423 | 471 | 2,652 | 123
Provision for (recovery of) credit losses | 297 | 2,016 | 2,068 | 2,364
Allowance for credit losses at end of period | 4,720 | 2,487 | 4,720 | 2,487
Development properties |  |  |  |
Net Investment in Sales-type Leases |  |  |  |
Allowance for credit losses at beginning of period | 497 | 91 | 436 | 78
Provision for (recovery of) credit losses | 29 | 299 | 90 | 312
Allowance for credit losses at end of period | 526 | 390 | 526 | 390
Ground lease receivables |  |  |  |
Allowance for credit losses at beginning of period | 1,167 | 302 | 1,012 | 246
Provision for (recovery of) credit losses | 105 | 595 | 260 | 651
Allowance for credit losses at end of period | 1,272 | 897 | 1,272 | 897
Unfunded commitments |  |  |  |
Net Investment in Sales-type Leases |  |  |  |
Allowance for credit losses at beginning of period | 30 | 1 |  |
Provision for (recovery of) credit losses |  |  | 30 | 1
Allowance for credit losses at end of period | 30 | 1 | 30 | 1
Ground lease receivables |  |  |  |
Allowance for credit losses at beginning of period | 44 | 13 | 37 | 37
Provision for (recovery of) credit losses | (12) | 42 | (5) | 18
Allowance for credit losses at end of period | $ 32 | $ 55 | $ 32 | $ 55

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