| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Land | $174.5M-8.2% | $190.1M-8.6% | $208.0M+0.7% | $206.5M+0.0% | $206.4M-2.9% | $212.7M+2.6% | $207.3M-0.9% | $209.3M |
| Buildings, fixtures and improvements | $1.79B-11.3% | $2.01B-5.1% | $2.12B+1.5% | $2.09B-1.4% | $2.12B-0.7% | $2.13B+6.4% | $2.00B-0.1% | $2.01B |
| Acquired intangible assets | $246.5M-13.3% | $284.4M-3.0% | $293.3M+0.4% | $292.0M+1.3% | $288.4M+4.5% | $276.0M+2.4% | $269.6M+5.1% | $256.5M |
| Construction in progress | $3.0M-61.9% | $7.9M | — | — | — | — | — | $80.6M |
| Total real estate investments, at cost | $2.21B-11.4% | $2.49B-4.8% | $2.62B+1.3% | $2.59B-1.0% | $2.61B-0.3% | $2.62B+5.7% | $2.48B-2.8% | $2.55B |
| Less: accumulated depreciation and amortization | -$691.2M+4.8% | -$725.8M-6.4% | -$682.0M-11.9% | -$609.3M-8.3% | -$562.7M-9.7% | -$512.8M-20.0% | -$427.5M-11.9% | -$381.9M |
| Total real estate investments, net | $1.52B-14.1% | $1.77B-8.8% | $1.94B-2.0% | $1.98B-3.5% | $2.05B-2.8% | $2.11B+2.7% | $2.05B-5.4% | $2.17B |
| Cash and cash equivalents | $57.6M+166.1% | $21.7M-53.3% | $46.4M-13.5% | $53.7M-10.2% | $59.7M-17.4% | $72.4M-24.4% | $95.7M+23.8% | $77.3M |
| Restricted cash | $50.8M-3.1% | $52.4M+16.8% | $44.9M+96.2% | $22.9M-10.8% | $25.6M+42.6% | $18.0M+13.1% | $15.9M+12.9% | $14.1M |
| Derivative assets, at fair value | $569K-97.0% | $19.2M-32.3% | $28.4M-30.2% | $40.6M+23260.3% | $174K+1238.5% | $13K-96.7% | $392K-91.5% | $4.6M |
| Straight-line rent receivable, net | $21.5M-5.9% | $22.8M-13.2% | $26.3M+4.2% | $25.3M+5.9% | $23.9M+2.3% | $23.3M+10.1% | $21.2M+22.1% | $17.4M |
| Operating lease right-of-use assets | $7.4M-1.4% | $7.5M-3.0% | $7.7M-1.3% | $7.8M-1.3% | $7.9M-43.1% | $13.9M-3.1% | $14.4M | — |
| Prepaid expenses and other assets, net | $23.0M-12.5% | $26.3M-26.5% | $35.8M+3.6% | $34.6M+6.1% | $32.6M-6.8% | $34.9M-12.0% | $39.7M+37.9% | $28.8M |
| Accounts receivable, net | $9.3M+58.2% | $5.8M | — | — | — | — | — | — |
| Deferred costs, net | $22.8M+7.2% | $21.3M+33.0% | $16.0M-7.1% | $17.2M+18.1% | $14.6M-4.9% | $15.3M+12.4% | $13.6M+16.1% | $11.8M |
| Total assets | $1.71B-12.0% | $1.95B-9.3% | $2.15B-1.6% | $2.18B-1.5% | $2.21B-3.2% | $2.29B-1.7% | $2.33B-2.2% | $2.38B |
| Mortgage notes payable, net | $367.6M-52.8% | $779.2M-3.7% | $809.0M+39.8% | $578.7M-0.9% | $584.2M+7.7% | $542.7M+2.7% | $528.3M+14.1% | $462.8M |
| Market lease intangible liabilities, net | $4.9M-20.8% | $6.1M-25.0% | $8.2M-13.2% | $9.4M-14.0% | $10.9M+1.3% | $10.8M-10.4% | $12.1M-29.5% | $17.1M |
| Derivative liabilities, at fair value | $188K | $0 | — | — | $13.9M-63.8% | $38.4M+623.6% | $5.3M | $0 |
| Accounts payable and accrued expenses | $44.4M-50.5% | $89.6M+85.2% | $48.4M+6.9% | $45.2M+5.9% | $42.7M+1.0% | $42.3M-1.9% | $43.1M+6.9% | $40.3M |
| Operating lease liabilities | $8.5M+4.4% | $8.1M+0.9% | $8.0M-0.6% | $8.1M-0.5% | $8.1M-11.2% | $9.2M+0.2% | $9.1M | — |
| Deferred rent | $9.2M+28.1% | $7.2M+11.0% | $6.5M+9.7% | $5.9M-31.3% | $8.6M+24.7% | $6.9M-18.9% | $8.5M+21.5% | $7.0M |
| Distributions payable | $3.3M-4.5% | $3.5M+0.0% | $3.5M+0.0% | $3.5M+2.6% | $3.4M+359.0% | $742K-89.2% | $6.9M+4.0% | $6.6M |
| Total liabilities | $1.11B-11.8% | $1.26B+0.9% | $1.24B+5.4% | $1.18B+0.6% | $1.17B-11.4% | $1.33B+8.8% | $1.22B+7.2% | $1.14B |
| Common stock, 0.01 par value, 300,000,000 shares authorized; 28,426,694 and 28,296,439 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $1.1M+0.0% | $1.1M+1.5% | $1.1M+6.1% | $1.1M+5.8% | $993K+5.9% | $938K+1.6% | $923K+0.4% | $919K |
| Additional paid-in capital | $2.53B-0.1% | $2.53B+1.0% | $2.51B+3.8% | $2.42B+3.7% | $2.33B+10.7% | $2.10B+1.2% | $2.08B+2.3% | $2.03B |
| Accumulated other comprehensive income | $5.6M-66.3% | $16.6M-29.1% | $23.5M-36.4% | $36.9M+357.4% | -$14.3M+63.9% | -$39.7M-463.3% | -$7.0M-253.7% | $4.6M |
| Distributions in excess of accumulated earnings | -$1.94B-3.8% | -$1.87B-13.9% | -$1.64B-12.1% | -$1.46B-14.0% | -$1.28B-15.7% | -$1.11B-14.1% | -$971.2M-20.7% | -$804.3M |
| Total stockholders’ equity | $600.1M-12.3% | $684.6M-23.4% | $894.2M-9.9% | $992.6M-4.0% | $1.03B+8.0% | $957.0M-13.1% | $1.10B-10.7% | $1.23B |
| Non-controlling interests | $4.5M-19.8% | $5.6M-13.4% | $6.4M-1.9% | $6.6M-2.3% | $6.7M+52.8% | $4.4M-18.9% | $5.4M-30.6% | $7.8M |
| Total equity | $604.5M-12.4% | $690.1M-23.4% | $900.6M-9.9% | $999.2M-4.0% | $1.04B+8.2% | $961.4M-13.1% | $1.11B-10.8% | $1.24B |
| Total liabilities and equity | $1.71B-12.0% | $1.95B-9.3% | $2.15B-1.6% | $2.18B-1.5% | $2.21B-3.2% | $2.29B-1.7% | $2.33B-2.2% | $2.38B |
| Fannie Mae and other secured debt | Secured Debt | ||||||||
| Fannie Mae and other secured debt/ Revolving credit facility / Term Loan, net | $148.4M | $0-100.0% | $361.0M-31.9% | $530.3M+5.6% | $502.1M-25.6% | $674.6M+11.4% | $605.3M+0.4% | $602.6M |
| Credit Agreement | Revolving Credit Facility | ||||||||
| Credit Agreement | Secured Debt | ||||||||
| Series A Preferred Stock | ||||||||
| Preferred stock | $35K-2.8% | $36K+0.0% | $36K+0.0% | $36K-10.0% | $40K+150.0% | $16K+0.0% | $16K | $0 |
| Series B Preferred Stock | ||||||||
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.