Annual report [Section 13 and 15(d), not S-K Item 405]

INVESTMENT PROPERTIES - Amortization (Details)

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INVESTMENT PROPERTIES - Amortization (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Acquired lease intangible assets, net      
2025 $ 11,954    
2026 11,954    
2027 11,954    
2028 11,954    
2029 11,954    
Thereafter 131,492    
Total 191,262 $ 212,001  
Acquired below market lease intangibles      
2025 4,575    
2026 4,575    
2027 4,575    
2028 4,575    
2029 4,575    
Thereafter 50,330    
Total 73,205 93,078  
Acquired lease intangible assets, net, accumulated amortization 46,819 36,373  
Acquired lease intangible liabilities, accumulated amortization 17,920 15,969  
Amortization of below market lease intangibles 5,111 5,561 $ 6,284
Above market lease intangibles      
Acquired lease intangible assets, net      
2025 7,507    
2026 7,507    
2027 7,507    
2028 7,507    
2029 7,507    
Thereafter 82,572    
Total 120,107    
Acquired below market lease intangibles      
Amortization of lease intangible assets 7,555 7,768 7,975
In-place lease value intangibles      
Acquired lease intangible assets, net      
2025 4,447    
2026 4,447    
2027 4,447    
2028 4,447    
2029 4,447    
Thereafter 48,920    
Total 71,155    
Acquired below market lease intangibles      
Amortization of lease intangible assets $ 4,633 $ 4,827 $ 5,227