Business Combinations and Asset Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Consideration Transferred to Acquire the Rental Properties

The consideration transferred to complete these rental property acquisitions and the purchase price allocation amongst the identifiable assets acquired and liabilities assumed was as follows:

	Fair value  (in thousands)		Weighted-Average Amortization Period (in years)
Land	$	28,524
Buildings, improvements and fixtures	202,276		31.33
Deferred lease costs and other intangibles:
Above market lease value	6,992		3.62
Below market lease value	(6,433)		3.31
Lease in place value	26,438		3.62
Lease and legal costs	7,259		3.83
Total deferred lease costs and other intangibles, net	34,256
Total fair value of assets acquired	$	265,056