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v3.25.2

Subsequent Events (Details) $ / shares in Units, $ in Thousands |  |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | --- | --- | ---
Jul. 20, 2025 $ / shares | Jul. 01, 2025 shares | May 30, 2024 USD ($) property | Aug. 04, 2025 USD ($) property shares | Jun. 30, 2025 USD ($) $ / shares shares | Mar. 31, 2025 $ / shares | Jun. 30, 2024 USD ($) shares | Jun. 30, 2025 USD ($) shares | Jun. 30, 2024 USD ($) shares | Dec. 31, 2024 USD ($)
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock dividend declared (in dollars per share) | $ / shares |  |  |  |  | $ 0.2425 | $ 0.2425 |  |  |  |
Outstanding loan | $ |  |  |  |  | $ 328,835 |  |  | $ 328,835 |  | $ 296,708
Number of postal properties acquired (in properties) | property |  |  | 36 |  |  |  |  |  |  |
Payment to acquire property | $ |  |  | $ 12,500 |  |  |  |  |  |  |
Shares cancelled |  |  |  |  |  |  |  | 47,005 |  |
LTIP Units |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares cancelled |  |  |  |  |  |  |  | 0 |  |
Restricted Stock Units ("RSUs") |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares cancelled |  |  |  |  |  |  |  | 47,005 |  |
ATM Program |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares issued |  |  |  |  | 529,828 |  | 57,993 | 669,454 | 634,000 |
Gross proceeds received | $ |  |  |  |  | $ 7,805 |  | $ 824 | $ 9,788 | $ 9,034 |
Subsequent event |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock dividend declared (in dollars per share) | $ / shares | $ 0.2425 |  |  |  |  |  |  |  |  |
Number of postal properties acquired (in properties) | property |  |  |  | 23 |  |  |  |  |  |
Payment to acquire property | $ |  |  |  | $ 8,400 |  |  |  |  |  |
Number Of Postal Properties To Be Acquired | property |  |  |  | 30 |  |  |  |  |  |
Purchase Of Property, Plant And Equipment, Estimated Cost | $ |  |  |  | $ 10,400 |  |  |  |  |  |
Subsequent event | CFO | LTIP Units |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares cancelled |  | 112,718 |  |  |  |  |  |  |  |
Subsequent event | CFO | Restricted Stock Units ("RSUs") |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares cancelled |  | 40,623 |  |  |  |  |  |  |  |
Subsequent event | ATM Program |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Gross proceeds received | $ |  |  |  | $ 5,000 |  |  |  |  |  |
Subsequent event | Class A common stock | CFO |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares cancelled |  | 18,460 |  |  |  |  |  |  |  |
Subsequent event | Class A common stock | ATM Program |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Shares issued |  |  |  | 337,255 |  |  |  |  |  |
Subsequent event | Revolving credit facility | Line of credit |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |
Outstanding loan | $ |  |  |  | $ 48,000 |  |  |  |  |  |

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