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DISPOSITIONS AND IMPAIRMENT CHARGES (Tables) | 6 Months Ended
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Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Property Dispositions | The Company closed on the following dispositions during the six months ended June 30, 2025 (dollars in thousands):
Date |  | Property Name |  | MSA |  | Property Type |  | Square Footage |  | Sales Price |  | Gain (Loss)
April 4, 2025 |  | Stoney Creek Commons |  | Indianapolis |  | Multi-tenant retail |  | 84,094 |  |  | $ | 9,500 |  |  | $ | 4,802 |
June 25, 2025 |  | Fullerton Metrocenter |  | Los Angeles |  | Multi-tenant retail |  | 241,027 |  |  | 118,500 |  |  | 20,295 |
June 27, 2025 |  | Denton Crossing(1) |  | Dallas/Ft. Worth |  | Multi-tenant retail |  | 343,345 |  |  | 81,593 |  |  | 35,636 |
June 27, 2025 |  | Parkway Towne Crossing(1) |  | Dallas/Ft. Worth |  | Multi-tenant retail |  | 180,736 |  |  | 57,653 |  |  | 18,133 |
June 27, 2025 |  | The Landing at Tradition(1) |  | Port St. Lucie, FL |  | Multi-tenant retail |  | 397,199 |  |  | 93,754 |  |  | 23,710 |
|  |  |  |  |  |  |  | 1,246,401 |  |  | $ | 361,000 |  |  | $ | 102,576 |
(1)The Company has retained a 52% noncontrolling interest in this property. The Company closed on the following disposition during the six months ended June 30, 2024 (dollars in thousands):
Date |  | Property Name |  | MSA |  | Property Type |  | Square Footage |  | Sales Price |  | Gain (Loss)
May 31, 2024 |  | Ashland & Roosevelt |  | Chicago |  | Multi-tenant retail |  | 104,176 |  |  | $ | 30,600 |  |  | $ | (1,230) |
The following table presents the assets and liabilities associated with Humblewood Shopping Center and City Center, the investment properties classified as held for sale as of June 30, 2025. In addition, City Center was classified as held for sale as of December 31, 2024 (in thousands):
| June 30, 2025 |  | December 31, 2024
Assets |  |  |
Net investment properties | $ | 81,841 |  |  | $ | 68,991 |
Tenant and other receivables | 2,471 |  |  | 1,760 |
Restricted cash and escrow deposits | 225 |  |  | 225 |
Deferred costs, net | 3,071 |  |  | 2,634 |
Prepaid and other assets | 300 |  |  | 181 |
Assets associated with investment properties held for sale | $ | 87,908 |  |  | $ | 73,791 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 868 |  |  | $ | 544 |
Deferred revenue and other liabilities | 4,081 |  |  | 3,465 |
Liabilities associated with investment properties held for sale | $ | 4,949 |  |  | $ | 4,009 |

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