Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.22.4
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Provision for impairment The following table summarizes the provision for impairment of investment properties from the Effective Date to December 31, 2021:
Sale Date Location Property Type Fair Value (a) Provision for Impairment
7/9/21 San Diego, CA Retail 14,553  $ 750 
12/23/21 Queens, NY Retail 38,785  1,201 
$ 1,951 
(a) Estimated fair value is based on actual aggregate sales proceeds net of closing costs, based on actual transactions with unrelated third parties. The Trust determined that its valuation of these investments were classified within Level 3 of the fair value hierarchy.