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v3.25.2

Real Estate Transactions - Schedule total purchase price including transaction costs (Details) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 USD ($) property | Mar. 31, 2025 USD ($) property | Jun. 30, 2025 USD ($) property
Business Combination [Line Items] |  |  |
Number of properties (in properties) | property | 68,000 | 36,000 | 104,000
Total purchase price | $ 36,867 | $ 16,341 | $ 53,208
Closing costs | 1,000 | 500 |
Class A common stock |  |  |
Business Combination [Line Items] |  |  |
OP units issued during period, value | 5,000 | 1,000 |
In-place lease intangibles |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | 2,775 | 1,192 | 3,967
Above- market leases |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | 11 | 0 | 11
Below- market leases |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | (3,131) | (1,415) | (4,546)
Land |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | 8,402 | 3,990 | 12,392
Building and Improvements |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | 28,473 | 12,579 | 41,052
Tenant Improvements |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | 269 | 114 | 383
Other |  |  |
Business Combination [Line Items] |  |  |
Total purchase price | $ 68 | $ (119) | $ (51)
Number of unfavorable operating lease properties (in properties) | property | 2 | 3 |
Number of below market ground lease intangible assets (in properties) | property | 4 |  |

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