Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.1
Leases (Tables)
3 Months Ended
Mar. 31, 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 March 31, 2025 is as follows for the subsequent years ended December 31:

2025 (nine months remaining)

    

$

90,376

2026

 

115,396

2027

 

104,106

2028

 

93,938

2029

80,501

Thereafter

 

274,376

Total

$

758,693

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 March 31, 2025, and a reconciliation of those cash flows to the operating lease liability at March 31, 2025:

2025 (nine months remaining)

    

$

727

2026

 

989

2027

 

1,005

2028

 

1,029

2029

1,048

Thereafter

 

19,479

Total

24,277

Discount

 

(13,036)

Lease liability

$

11,241