| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Real estate, at cost | $1.39B+14.7% | $1.21B-0.8% | $1.22B-5.1% | $1.29B |
| Less: accumulated depreciation | $359.5M+12.5% | $319.6M+6.7% | $299.7M+4.7% | $286.1M |
| Total real estate, net | $1.03B+15.6% | $892.1M-3.2% | $921.7M-7.9% | $1.00B |
| Lease intangibles, net | $115.6M+21.5% | $95.1M-5.9% | $101.0M-9.5% | $111.6M |
| Real estate and related assets held for sale | $11.3M+158.1% | $4.4M-84.8% | $28.8M+774.2% | $3.3M |
| Cash and cash equivalents | $10.8M-1.3% | $11.0M-8.6% | $12.0M+2.8% | $11.7M |
| Restricted cash | $5.8M+40.4% | $4.1M-0.8% | $4.2M-4.4% | $4.3M |
| Funds held in escrow | $5.3M-0.6% | $5.4M-28.6% | $7.5M-14.8% | $8.8M |
| Right-of-use assets from operating leases | $3.7M-6.4% | $4.0M-19.0% | $4.9M-4.7% | $5.1M |
| Right-of-use assets from finance leases, net | $2.9M | $0 | — | — |
| Deferred rent receivable, net | $47.9M+5.7% | $45.3M+10.5% | $41.0M+5.5% | $38.9M |
| Sales-type lease receivable, net | $0-100.0% | $18.6M | $0 | — |
| Other assets | $12.7M-11.5% | $14.4M+16.1% | $12.4M-30.2% | $17.7M |
| TOTAL ASSETS | $1.25B+13.9% | $1.09B-3.5% | $1.13B-5.8% | $1.20B |
| Mortgage notes payable, net | $250.2M-7.2% | $269.6M-8.9% | $295.9M-17.7% | $359.4M |
| Borrowings under Revolver | $37.4M+1866.8% | $1.9M-97.5% | $75.8M+225.8% | $23.3M |
| Borrowings under Term Loan A, Term Loan B and Term Loan C, net | $397.7M+14.3% | $347.9M-5.3% | $367.3M+0.2% | $366.6M |
| Senior unsecured notes, net | $158.2M+113.9% | $74.0M | $0 | — |
| Deferred rent liability, net | $17.2M-21.8% | $22.0M-25.0% | $29.3M-26.7% | $40.0M |
| Operating lease liabilities | $3.8M-6.1% | $4.1M-20.2% | $5.1M-4.1% | $5.3M |
| Finance lease liabilities | $3.0M | $0 | — | — |
| Asset retirement obligation | $5.4M+6.0% | $5.1M+2.7% | $4.9M+2.8% | $4.8M |
| Accounts payable and accrued expenses | $11.0M-17.0% | $13.2M-2.9% | $13.6M+41.5% | $9.6M |
| Liabilities related to assets held for sale | $397K | $0-100.0% | $676K | $0 |
| TOTAL LIABILITIES | $905.0M+20.2% | $753.0M-6.9% | $809.2M-2.1% | $826.9M |
| Series E and G redeemable preferred stock, net, par value $0.001 per share; $25 per share liquidation preference; 10,750,886 and 10,750,886 shares authorized; and 7,052,334 and 7,052,334 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $170041000.00+0.0% | $170041000.00+0.0% | $170041000.00-0.0% | $170056000.00 |
| Senior common stock, par value $0.001 per share; 950,000 shares authorized; and 379,773 and 389,190 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $1000.00+0.0% | $1000.00+0.0% | $1000.00+0.0% | $1000.00 |
| Common stock, par value $0.001 per share, 62,599,663 and 62,400,887 shares authorized and 48,406,993 and 43,986,038 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $48000.00+9.1% | $44000.00+10.0% | $40000.00+2.6% | $39000.00 |
| Series F redeemable preferred stock, par value $0.001 per share; $25 per share liquidation preference; 25,699,451 and 25,898,227 shares authorized; and 750,247 and 914,553 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $1000.00+0.0% | $1000.00+0.0% | $1000.00+0.0% | $1000.00 |
| Additional paid in capital | $841.6M+7.3% | $784.4M+7.4% | $730.3M+1.2% | $721.3M |
| Accumulated other comprehensive income | $3.3M-68.9% | $10.6M+37.3% | $7.8M-33.4% | $11.6M |
| Distributions in excess of accumulated earnings | -$673.2M-7.9% | -$623.9M-6.7% | -$584.8M-10.5% | -$529.1M |
| TOTAL STOCKHOLDERS' EQUITY | $171.8M+0.3% | $171.2M+11.7% | $153.3M-24.8% | $203.9M |
| OP Units held by Non-controlling OP Unitholders | $122K-6.2% | $130K-86.8% | $986K-44.9% | $1.8M |
| TOTAL EQUITY | $171.9M+0.3% | $171.3M+11.0% | $154.3M-25.0% | $205.7M |
| TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY | $1.25B+13.9% | $1.09B-3.5% | $1.13B-5.8% | $1.20B |
| Related Party | ||||
| Other liabilities | $17.6M+38.1% | $12.8M-9.7% | $14.1M-3.3% | $14.6M |
| Nonrelated Party | ||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.