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Investments in Unconsolidated Joint Ventures - Schedule of Combined and Condensed Statements of Operations of Unconsolidated Joint Ventures (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Oct. 24, 2024
Revenues: |  |  |  |  |
Leasing revenue | $ 232,725 | $ 197,961 | $ 468,372 | $ 389,613 |
Total revenues | 249,793 | 215,521 | 499,017 | 424,304 |
Expenses: |  |  |  |  |
Leasing expenses | 10,624 | 9,590 | 21,843 | 20,112 |
Depreciation and amortization | 88,500 | 71,676 | 181,062 | 140,027 |
Total expenses | 280,566 | 217,923 | 566,979 | 450,015 |
Gain (Loss) on sale or write down of assets, net | (10,484) | 324,996 | (24,472) | 288,911 |
Net income | (41,544) | 265,499 | (92,698) | 134,053 |
Company's equity in net loss | (475) | (56,837) | (1,274) | (130,113) |
Impairment loss | 13,222 | 12,698 | 26,585 | 48,783 |
Pacific Premier Retail LP | Lakewood Center, Los Cerritos Center and Washington Square Retail Center In Phoenix, Arizona |  |  |  |  |
Expenses: |  |  |  |  |
Ownership percentage (as a percent) |  |  |  |  | 40.00%
Other |  |  |  |  |
Revenues: |  |  |  |  |
Other | 11,130 | 10,781 | 19,786 | 19,683 |
Shopping center and operating expenses |  |  |  |  |
Expenses: |  |  |  |  |
Shopping center and operating expenses | 79,848 | 70,446 | 165,011 | 144,633 |
Joint Venture |  |  |  |  |
Revenues: |  |  |  |  |
Leasing revenue | 149,376 | 192,261 |  | 385,334 |
Total revenues | 156,841 | 199,417 |  | 393,472 |
Expenses: |  |  |  |  |
Leasing expenses | 1,501 | 1,375 |  | 3,339 |
Interest expense | 42,616 | 70,547 |  | 144,210 |
Depreciation and amortization | 48,436 | 73,210 |  | 151,364 |
Total expenses | 146,997 | 212,460 |  | 434,748 |
Gain (Loss) on sale or write down of assets, net | (4,214) | (218,242) |  | (439,708) |
Net income | 5,630 | (231,285) |  | (480,984) |
Company's equity in net loss | (475) | (56,837) |  | (130,113) |
Impairment loss |  | 53,690 |  | 111,376 |
Joint Venture | Pacific Premier Retail LP |  |  |  |  |
Revenues: |  |  |  |  |
Leasing revenue |  | 39,277 | 295,559 | 82,288 |
Total revenues |  | 40,168 | 305,794 | 83,496 |
Expenses: |  |  |  |  |
Leasing expenses |  | 294 | 3,237 | 873 |
Interest expense |  | 20,499 | 87,739 | 42,626 |
Depreciation and amortization |  | 19,718 | 94,522 | 41,675 |
Total expenses |  | 50,171 | 295,632 | 105,397 |
Gain (Loss) on sale or write down of assets, net |  | 7,588 | (638) | (92,684) |
Other income, net |  |  | 13,313 |  |
Net income |  | (2,415) | 22,837 | (114,585) |
Company's equity in net loss |  | (50,949) | (1,274) | (60,270) |
Joint Venture | Other Joint Ventures |  |  |  |  |
Revenues: |  |  |  |  |
Leasing revenue |  | 152,984 |  | 303,046 |
Total revenues |  | 159,249 |  | 309,976 |
Expenses: |  |  |  |  |
Leasing expenses |  | 1,081 |  | 2,466 |
Interest expense |  | 50,048 |  | 101,584 |
Depreciation and amortization |  | 53,492 |  | 109,689 |
Total expenses |  | 162,289 |  | 329,351 |
Gain (Loss) on sale or write down of assets, net |  | (225,830) |  | (347,024) |
Net income |  | (228,870) |  | (366,399) |
Company's equity in net loss |  | (5,888) |  | (69,843) |
Joint Venture | Other |  |  |  |  |
Revenues: |  |  |  |  |
Other | 7,465 | 7,156 |  | 8,138 |
Joint Venture | Other | Pacific Premier Retail LP |  |  |  |  |
Revenues: |  |  |  |  |
Other |  | 891 | 10,235 | 1,208 |
Joint Venture | Other | Other Joint Ventures |  |  |  |  |
Revenues: |  |  |  |  |
Other |  | 6,265 |  | 6,930 |
Joint Venture | Shopping center and operating expenses |  |  |  |  |
Expenses: |  |  |  |  |
Shopping center and operating expenses | $ 54,444 | 67,328 |  | 135,835 |
Joint Venture | Shopping center and operating expenses | Pacific Premier Retail LP |  |  |  |  |
Expenses: |  |  |  |  |
Shopping center and operating expenses |  | 9,660 | $ 110,134 | 20,223 |
Joint Venture | Shopping center and operating expenses | Other Joint Ventures |  |  |  |  |
Expenses: |  |  |  |  |
Shopping center and operating expenses |  | $ 57,668 |  | $ 115,612 |

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