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v3.25.2

Mortgage Notes Payable - Schedule of Mortgage Notes Payable (Details) - USD ($) $ in Thousands | 6 Months Ended |
--- | --- | ---
Jun. 30, 2025 | Dec. 31, 2024
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 5,229,832 | $ 4,894,525
Arrowhead Towne Center |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 352,380 | 351,905
Effective Interest Rate (as a percent) | 6.75% |
Monthly Debt Service | $ 1,921 |
Danbury Fair Mall |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 152,302 | 152,149
Effective Interest Rate (as a percent) | 6.59% |
Monthly Debt Service | $ 836 |
Fashion Outlets of Chicago |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 299,509 | 299,465
Effective Interest Rate (as a percent) | 4.61% |
Monthly Debt Service | $ 1,145 |
Fashion Outlets at Niagara Falls USA |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 79,144 | 80,775
Effective Interest Rate (as a percent) | 6.52% |
Monthly Debt Service | $ 727 |
Freehold Raceway Mall |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 399,293 | 399,210
Effective Interest Rate (as a percent) | 3.94% |
Monthly Debt Service | $ 1,300 |
Fresno Fashion Fair |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 324,752 | 324,652
Effective Interest Rate (as a percent) | 3.67% |
Monthly Debt Service | $ 971 |
Green Acres Mall |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 363,290 | 361,948
Effective Interest Rate (as a percent) | 6.62% |
Monthly Debt Service | $ 1,819 |
Kings Plaza Shopping Center |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 533,595 | 537,471
Effective Interest Rate (as a percent) | 3.71% |
Monthly Debt Service | $ 2,436 |
Lakewood Center |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 305,765 | 304,557
Effective Interest Rate (as a percent) | 8.00% |
Monthly Debt Service | $ 1,826 |
Los Cerritos Center |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 471,542 | 472,745
Effective Interest Rate (as a percent) | 5.77% |
Monthly Debt Service | $ 2,506 |
Pacific View |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 70,132 | 70,560
Effective Interest Rate (as a percent) | 5.45% |
Monthly Debt Service | $ 399 |
Queens Center |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 523,134 | 522,945
Effective Interest Rate (as a percent) | 5.45% |
Monthly Debt Service | $ 2,349 |
Santa Monica Place |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 299,451 | 298,791
Effective Interest Rate (as a percent) | 6.27% |
Monthly Debt Service | $ 1,458 |
SanTan Village Regional Center |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 219,642 | 219,595
Effective Interest Rate (as a percent) | 4.34% |
Monthly Debt Service | $ 788 |
South Plains Mall |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 197,213 | 193,870
Effective Interest Rate (as a percent) | 7.97% |
Monthly Debt Service | $ 703 |
Victor Valley, Mall of |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 83,984 | 83,928
Effective Interest Rate (as a percent) | 6.85% |
Monthly Debt Service | $ 476 |
Vintage Faire Mall |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 216,365 | 219,959
Effective Interest Rate (as a percent) | 3.55% |
Monthly Debt Service | $ 1,256 |
Washington Square |  |
Mortgage loans payable on real estate |  |
Carrying Amount of Mortgage Notes | $ 338,339 | $ 0
Effective Interest Rate (as a percent) | 5.63% |
Monthly Debt Service | $ 1,580 |

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