Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.3
Leases (Tables)
9 Months Ended
Sep. 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 September 30, 2025 is as follows for the subsequent years ended December 31:

2025 (three months remaining)

    

$

31,909

2026

 

123,754

2027

 

111,173

2028

 

100,060

2029

86,352

Thereafter

 

290,226

Total

$

743,474

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 September 30, 2025, and a reconciliation of those cash flows to the operating lease liability at September 30, 2025:

2025 (three months remaining)

    

$

280

2026

 

1,134

2027

 

1,150

2028

 

1,174

2029

1,193

Thereafter

 

27,200

Total

32,131

Discount

 

(18,626)

Lease liability

$

13,505