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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Components of Lease Revenue

The components of rental revenues for the three and six months ended June 30, 2024 and 2023 are as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

 

2023

 

Fixed lease payments

 

$

97,833

 

 

$

104,391

 

 

$

196,137

 

 

 

$

203,372

 

Variable lease payments

 

 

26,238

 

 

 

20,451

 

 

 

51,961

 

 

 

 

51,794

 

Total rental revenues

 

$

124,071

 

 

$

124,842

 

 

$

248,098

 

 

 

$

255,166

 

Schedule of Undiscounted Future Lease Payments to be Received

The undiscounted future fixed lease payments to be received under the Company's operating leases as of June 30, 2024, are as follows:

Years Ending December 31,

 

Operating Leases

 

2024 (1)

 

$

199,753

 

2025

 

 

337,271

 

2026

 

 

258,598

 

2027

 

 

197,304

 

2028

 

 

144,582

 

2029

 

 

96,436

 

Thereafter

 

 

242,828

 

Total undiscounted lease payments

 

$

1,476,772

 

(1)
Reflects rental payments for the period July 1, 2024 to December 31, 2024.