Annual report pursuant to Section 13 and 15(d)

INVESTMENT PROPERTIES - Amortization (Details)

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INVESTMENT PROPERTIES - Amortization (Details) - USD ($)
$ in Thousands
11 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2023
Dec. 31, 2022
Acquired lease intangible assets, net      
2024   $ 12,471  
2025   12,471  
2026   12,471  
2027   12,471  
2028   12,471  
Thereafter   149,646  
Total   212,001 $ 228,529
Acquired below market lease intangibles      
2024   5,475  
2025   5,475  
2026   5,475  
2027   5,475  
2028   5,475  
Thereafter   65,703  
Total   93,078 101,920
Amortization of below market lease intangibles $ 7,232 5,561 6,284
Above market lease intangibles      
Acquired lease intangible assets, net      
2024   7,687  
2025   7,687  
2026   7,687  
2027   7,687  
2028   7,687  
Thereafter   92,240  
Total   130,675  
Acquired below market lease intangibles      
Amortization of lease intangible assets 7,637 7,768 7,975
In-place lease value intangibles      
Acquired lease intangible assets, net      
2024   4,784  
2025   4,784  
2026   4,784  
2027   4,784  
2028   4,784  
Thereafter   57,406  
Total   81,326  
Acquired below market lease intangibles      
Amortization of lease intangible assets $ 6,397 $ 4,827 $ 5,227