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v3.25.4

Organization and Significant Accounting Policies - Segment reporting (Details) $ / shares in Units, shares in Thousands, $ in Thousands | 12 Months Ended
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Dec. 31, 2025 USD ($) segment $ / shares shares | Dec. 31, 2024 USD ($) $ / shares shares
Segment Reporting |  |
Number of operating segments | segment | 1 |
Number of reportable segments | segment | 1 |
Net income | $ 32,172 | $ 61,450
(Gain) on disposition of assets, net | 35,864 | 54,148
Impairment of assets | (17,821) | (790)
Real estate related acquisition and due diligence costs | $ (2) | $ (28)
AFFO per diluted weighted average share data: |  |
Basic net income available to common stockholders | $ / shares | $ 0.65 | $ 1.19
Solar revenue sharing arrangement with a tenant | $ 1,000 |
Income from forfeited deposits |  | $ 1,205
Single reportable segment |  |
Segment Reporting |  |
Net income | 32,172 | 61,450
(Gain) on disposition of assets, net | (35,864) | (54,148)
Depreciation, depletion and amortization | 4,168 | 5,588
Impairment of assets | 17,821 | 790
FFO | 18,297 | 13,680
Stock-based compensation | 2,156 | 1,963
Real estate related acquisition and due diligence costs | 2 | 28
Distributions on Series A Preferred Units | (2,583) | (2,970)
Severance expense |  | 1,373
AFFO | $ 17,872 | $ 14,074
AFFO per diluted weighted average share data: |  |
AFFO weighted average common shares | shares | 45,537 | 49,127
Basic net income available to common stockholders | $ / shares | $ 0.65 | $ 1.19
Income available to redeemable non-controlling interest and non-controlling interest in operating partnership | $ / shares | 0.06 | 0.07
Depreciation, depletion and amortization | $ / shares | 0.09 | 0.11
Impairment of assets | $ / shares | 0.39 | 0.02
Stock-based compensation | $ / shares | 0.05 | 0.04
(Gain) on disposition of assets, net | $ / shares | (0.79) | (1.1)
Distributions on Series A Preferred Units | $ / shares | (0.06) | (0.07)
Severance expense | $ / shares | 0 | 0.03
AFFO per diluted weighted average share | $ / shares | $ 0.39 | $ 0.29

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