XML 18 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Land amounts related to variable interest entities ("VIEs") $ 105,298 $ 110,298
Buildings and improvements amounts related to variable interest entities ("VIEs") 1,096,265 1,133,971
Less accumulated depreciation amounts related to variable interest entities ("VIEs") 377,708 366,349
Real estate assets 834,908 890,824
Acquired real estate leases 4,205 6,694
Acquired real estate leases, accumulated amortization 13,613 20,413
Cash, cash equivalents and restricted cash (amounts related to variable interest entities ("VIEs") 42,683 127,880
Office computers and furniture, accumulated depreciation 1,073 1,020
Deferred leasing commissions, accumulated amortization 14,195 16,008
Term loan payable, unamortized financing costs 2,220 293
Series A & Series B Senior notes, unamortized financing costs 1,191 329
Accounts payable and accrued expenses amounts related to variable interest entities ("VIEs") 34,067 41,879
Acquired unfavorable real estate leases, accumulated amortization $ 89 $ 396
Preferred stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized (in shares) 180,000,000 180,000,000
Common stock, shares issued (in shares) 103,566,715 103,430,353
Common stock, shares outstanding (in shares) 103,566,715 103,430,353
Variable interest entities ("VIEs")    
Land amounts related to variable interest entities ("VIEs") $ 6,416 $ 6,416
Buildings and improvements amounts related to variable interest entities ("VIEs") 13,279 13,279
Less accumulated depreciation amounts related to variable interest entities ("VIEs") 682 341
Real estate assets 19,013 19,354
Acquired real estate leases 67 305
Acquired real estate leases, accumulated amortization 35 222
Cash, cash equivalents and restricted cash (amounts related to variable interest entities ("VIEs") 1,314 2,167
Accounts payable and accrued expenses amounts related to variable interest entities ("VIEs") $ 534 $ 590