Real Estate Investments (Tables)

3 Months Ended

Mar. 31, 2026

During the three months ended March 31, 2026 and 2025, amounts capitalized at certain of our properties for tenant improvements, leasing costs and building improvements were as follows:


	Three Months Ended March 31,
	2026		2025
Tenant improvements (1)	$	162	$	3
Leasing costs (1)	902		3,222
Building improvements (2)	1,454		734

Total capital expenditures	$	2,518	$	3,959

(1)Includes capital expenditures used to improve tenants’ space or amounts paid directly to tenants to improve their space and leasing related costs, such as brokerage commissions and tenant inducements.

(2)Includes expenditures to replace obsolete building components and expenditures that extend the useful life of existing assets.

Schedule of Net Loss Attributable to Noncontrolling Interest

During the three months ended March 31, 2026 and 2025, net loss attributable to noncontrolling interests in our condensed consolidated financial statements was as follows:


	Three Months Ended March 31,
	2026		2025

Consolidated joint venture	$	8,475	$	9,672
Tenancy in common	(43)		(35)
Total net loss attributable to noncontrolling interests	$	8,432	$	9,637