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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents information on the Company’s reported segment revenue, net operating income, and significant segment expenses for the three and nine months ended September 30, 2025 and 2024 that are provided to the CODM and included within the Company’s single reportable operating segment measure of profit or loss:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
Revenue:
Minimum rent$159,365 $162,695 $499,318 $485,348 
Tenant reimbursements43,666 42,453 134,982 130,452 
Bad debt reserve(2,119)(1,468)(5,820)(3,601)
Other property-related revenue985 1,402 3,495 3,086 
Overage rent1,281 1,253 4,067 4,383 
Total revenue203,178 206,335 636,042 619,668 
Expenses:
Property operating – recoverable24,038 23,961 74,685 71,981 
Property operating – non-recoverable4,131 3,469 11,492 11,483 
Real estate taxes25,459 25,083 79,555 77,806 
Total expenses53,628 52,513 165,732 161,270 
Net operating income149,550 153,822 470,310 458,398 
Other (expense) income:
Net gains from outlot sales6,096 — 6,096 1,858 
Other general and administrative expenses(14,183)(13,259)(39,831)(39,009)
Fee income1,291 455 2,569 4,222 
Impairment charges(39,305)— (39,305)(66,201)
Depreciation and amortization(89,370)(96,656)(285,488)(296,326)
Interest expense(33,162)(31,640)(100,168)(92,985)
Equity in loss of unconsolidated subsidiaries(4,619)(607)(8,464)(1,201)
Gain on sale of unconsolidated property, net— — — 2,325 
Income tax expense of taxable REIT subsidiaries(106)(35)(315)(325)
Other income, net1,656 4,371 6,194 12,294 
Gain (loss) on sales of operating properties, net5,742 602 108,855 (864)
Net (loss) income(16,410)17,053 120,453 (17,814)
Net loss (income) attributable to noncontrolling interests203 (324)(2,612)61 
Net (loss) income attributable to common shareholders$(16,207)$16,729 $117,841 $(17,753)