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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Revenue

The components of rental revenues for the three months ended March 31, 2025 and 2024 are as follows:

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

 

2024

 

Fixed lease payments

 

$

117,521

 

 

 

$

98,304

 

Variable lease payments

 

 

19,839

 

 

 

 

25,723

 

Total rental revenues

 

$

137,360

 

 

 

$

124,027

 

 

Schedule of Undiscounted Future Lease Payments to be Received

The undiscounted future fixed lease payments to be received under the Company's operating leases as of March 31, 2025, are as follows:

Years Ending December 31,

 

 

 

2025 (1)

 

$

313,559

 

2026

 

 

334,461

 

2027

 

 

257,277

 

2028

 

 

189,257

 

2029

 

 

133,653

 

2030

 

 

83,837

 

Thereafter

 

 

245,722

 

Total undiscounted lease payments

 

$

1,557,766

 

(1)
Reflects rental payments for the period April 1, 2025 to December 31, 2025.