v3.26.1
REAL ESTATE ASSETS (Tables)
3 Months Ended
Mar. 31, 2026
Real Estate [Abstract]  
Schedule of Purchase Price Allocation for Asset Acquisition
The following table summarizes the purchase price allocation for the 2025 Property Acquisitions (in thousands):
2025 Property Acquisitions
Land$69,189 
Buildings, fixtures and improvements46,544 
Acquired in-place leases and other intangibles (1)
20,131 
Acquired above-market leases (1)
15,294 
Acquired below-market leases (2)
(115)
Total purchase price$151,043 
____________________________________
(1) The amortization period for acquired in-place leases and other intangibles and above-market leases is 5.5 years.
(2) The amortization period for acquired below-market leases is 5.7 years