Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases  
Schedule of aggregate annual cash to be received by the company

The aggregate annual cash to be received by the Company on the noncancelable operating leases related to its portfolio as of June 30, 2025 is as follows for the subsequent years ended December 31:

2025 (six months remaining)

    

$

62,790

2026

 

121,646

2027

 

110,190

2028

 

99,020

2029

85,339

Thereafter

 

286,447

Total

$

765,432

Schedule of aggregate cash payments to be made by the Company

The following table sets forth the undiscounted cash flows of our scheduled obligations for future lease payments on operating ground leases at June 30, 2025, and a reconciliation of those cash flows to the operating lease liability at June 30, 2025:

2025 (six months remaining)

    

$

559

2026

 

1,134

2027

 

1,150

2028

 

1,174

2029

1,193

Thereafter

 

27,200

Total

32,410

Discount

 

(18,810)

Lease liability

$

13,600