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Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination [Abstract]  
Schedule of Amounts of Identified Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the amounts of identified assets acquired and liabilities assumed at the acquisition date:

Land

 

$

35,489

 

Building and improvements

 

 

119,884

 

In-place leases (1)

 

 

22,545

 

Intangible lease assets and other assets:

 

 

 

Above-market leases (1)

 

 

9,416

 

Deferred lease costs (1)

 

 

6,232

 

Assumed working capital assets as of the acquisition date

 

 

2,352

 

Accounts payable and accrued liabilities:

 

 

 

Below-market leases (1)

 

 

(13,825

)

Assumed working capital liabilities as of the acquisition date

 

 

(5,078

)

Total

 

$

177,015

 
(1)
The weighted average amortization period of the acquired intangible assets and liabilities is 8.1 years for in-place leases, 4.5 years for above-market leases, 12.3 years for deferred lease costs and 16.2 years for below-market leases.