Quarterly report [Sections 13 or 15(d)]

INVESTMENT PROPERTIES - Amortization (Details)

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INVESTMENT PROPERTIES - Amortization (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Acquired lease intangible assets, net      
Period from April 1 to December 31, 2026 $ 8,544    
2027 11,397    
2028 11,397    
2029 11,397    
2030 11,397    
Thereafter 113,982    
Lease intangible assets, net 168,114   $ 170,967
Acquired below market lease intangibles      
Period from April 1 to December 31, 2026 3,309    
2027 4,412    
2028 4,412    
2029 4,412    
2030 4,412    
Thereafter 44,125    
Lease intangible liabilities, net 65,082   66,185
Acquired lease intangible assets, net, accumulated amortization 59,141   56,288
Acquired lease intangible liabilities, accumulated amortization 22,797   $ 21,694
Amortization of below market lease intangibles 1,103 $ 1,139  
Above market lease intangibles      
Acquired lease intangible assets, net      
Period from April 1 to December 31, 2026 5,351    
2027 7,137    
2028 7,137    
2029 7,137    
2030 7,137    
Thereafter 71,374    
Lease intangible assets, net 105,273    
Acquired below market lease intangibles      
Amortization of lease intangible assets 1,784 1,872  
In-place lease value intangibles      
Acquired lease intangible assets, net      
Period from April 1 to December 31, 2026 3,193    
2027 4,260    
2028 4,260    
2029 4,260    
2030 4,260    
Thereafter 42,608    
Lease intangible assets, net 62,841    
Acquired below market lease intangibles      
Amortization of lease intangible assets $ 1,068 $ 1,109