Quarterly report pursuant to Section 13 or 15(d)

INVESTMENT PROPERTIES - Amortization (Details)

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INVESTMENT PROPERTIES - Amortization (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Acquired lease intangible assets, net      
Period from April 1 to December 31, 2024 $ 9,195    
2025 12,259    
2026 12,259    
2027 12,259    
2028 12,259    
Thereafter 147,110    
Total 205,341   $ 212,001
Acquired below market lease intangibles      
Period from April 1 to December 31, 2024 3,934    
2025 5,245    
2026 5,245    
2027 5,245    
2028 5,245    
Thereafter 62,941    
Total 87,855   $ 93,078
Amortization of below market lease intangibles 1,349 $ 1,406  
Above market lease intangibles      
Acquired lease intangible assets, net      
Period from April 1 to December 31, 2024 5,663    
2025 7,550    
2026 7,550    
2027 7,550    
2028 7,550    
Thereafter 90,606    
Total 126,469    
Acquired below market lease intangibles      
Amortization of lease intangible assets 1,910 1,957  
In-place lease value intangibles      
Acquired lease intangible assets, net      
Period from April 1 to December 31, 2024 3,532    
2025 4,709    
2026 4,709    
2027 4,709    
2028 4,709    
Thereafter 56,504    
Total 78,872    
Acquired below market lease intangibles      
Amortization of lease intangible assets $ 1,190 $ 1,214