Investments in Non-Consolidated Entities (Tables)

3 Months Ended

Mar. 31, 2024

Noncontrolling Interest [Abstract]

Schedule of Investments in Non-Consolidated Entities

Below is a schedule of the Company's investments in non-consolidated entities:

	Percentage Ownership at	Investment Balance as of				Equity in earnings (losses) of non-consolidated entities
Investment	March 31, 2024	March 31, 2024		December 31, 2023		March 31, 2024		March 31, 2023
NNN MFG Cold JV L.P. ("MFG Cold JV")(1)	20%	$	18,745	$	19,693	$	(990)	$	(802)
NNN Office JV L.P. ("NNN JV")(2)	20%	16,264		16,237		(173)		(132)
Etna Park 70, LLC(3)	90%	9,750		10,320		(70)		(37)
Etna Park East LLC(4)	90%	2,251		2,245		(48)		(33)
BSH Lessee L.P.(5)	25%	—		—		—		4,608
		$	47,010	$	48,495	$	(1,281)	$	3,604

(1)    MFG Cold JV is a joint venture formed in 2021 that owns special purpose industrial properties formerly owned by the Company.

(2)    NNN JV is a joint venture formed in 2018 that owns office properties formerly owned by the Company.

(3)    Joint venture formed in 2017 with a developer entity to acquire a parcel of land.

(4)    Joint venture formed in 2019 with a developer entity to acquire a parcel of land.

(5)    A joint venture investment which sold its sole single-tenant, net-leased asset in January 2023 and the Company recognized its share of the gain on sale of $4,791 within equity in earnings (losses) of non-consolidated entities within its unaudited condensed consolidated statements of operations.