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DEFERRED REVENUE, INTANGIBLES, NET AND OTHER LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2024
Other Liabilities Disclosure [Abstract]  
Schedule of Deferred Revenue and Other Liabilities
As of December 31, 2024 and 2023, deferred revenue, intangibles, net and other liabilities consisted of the following (in thousands):
December 31, 2024December 31, 2023
Unamortized in-place lease liabilities$142,035 $159,449 
Retainages payable and other8,317 9,229 
Tenant rents received in advance32,176 35,339 
Lease liabilities67,037 68,925 
$249,565 $272,942 
Less: deferred revenue associated with investment property held for sale(3,465)— 
Deferred revenue and other liabilities$246,100 $272,942 
Schedule of Amortization of In-Place Lease Liabilities
The estimated net amounts of amortization of acquired lease intangible assets for properties owned as of December 31, 2024 for each of the next five years and thereafter are as follows (in thousands):
Amortization of
above-market leases		Amortization of
acquired lease intangible assets		Total
2025$6,722 $43,502 $50,224 
20264,777 30,030 34,807 
20273,402 20,561 23,963 
20282,363 16,167 18,530 
20291,124 11,128 12,252 
Thereafter1,405 26,882 28,287 
Total$19,793 $148,270 $168,063 
The estimated net amounts of amortization of in-place lease liabilities and the increasing effect on minimum rent for properties owned as of December 31, 2024 for each of the next five years and thereafter are as follows (in thousands):
2025$14,600 
202612,110 
202710,126 
20289,504 
20298,294 
Thereafter87,401 
Total$142,035