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DISPOSITIONS AND IMPAIRMENT CHARGES (Tables) | 9 Months Ended
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Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Property Dispositions | The Company closed on the following dispositions during the nine months ended September 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 |  |  | 20,294 |
June 27, 2025 |  | Denton Crossing(1) |  | Dallas/Ft. Worth |  | Multi-tenant retail |  | 343,345 |  |  | 81,593 |  |  | 35,626 |
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 |  |  | 23,636 |
July 21, 2025 |  | Humblewood Shopping Center(2) | Houston |  | Multi-tenant retail |  | 85,682 |  |  | 18,250 |  |  | 5,890 |
|  |  |  |  |  |  |  | 1,332,083 |  |  | $ | 379,250 |  |  | $ | 108,381 |
(1)The Company has retained a 52% noncontrolling interest in this property. (2)Disposition proceeds are temporarily restricted related to a potential Code Section 1031 tax-deferred exchange. The Company closed on the following disposition during the nine months ended September 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 |  |  | $ | (1,234) |
The following table presents the assets and liabilities associated with City Center, the investment property classified as held for sale as of September 30, 2025 and December 31, 2024 (in thousands):
| September 30, 2025 |  | December 31, 2024
Assets |  |  |
Net investment properties | $ | 52,795 |  |  | $ | 68,991 |
Tenant and other receivables | 2,764 |  |  | 1,760 |
Restricted cash and escrow deposits | 225 |  |  | 225 |
Deferred costs, net | 2,844 |  |  | 2,634 |
Prepaid and other assets | 887 |  |  | 181 |
Assets associated with investment property held for sale | $ | 59,515 |  |  | $ | 73,791 |
Liabilities |  |  |
Accounts payable and accrued expenses | $ | 891 |  |  | $ | 544 |
Deferred revenue and other liabilities | 3,508 |  |  | 3,465 |
Liabilities associated with investment property held for sale | $ | 4,399 |  |  | $ | 4,009 |

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