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Other Assets and Intangibles, net (Tables) | 6 Months Ended
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Jun. 30, 2026
Other Assets [Abstract] |
Components of Other Assets, Liabilities and Intangibles | Other assets, liabilities and intangibles consist of the following (in thousands):
| June 30, 2026 |
| Asset |  |  | Accumulated Amortization |  |  | Net |
Intangible assets, net: |  |  |  |  |  |  |  |
In-place leases | $ | 180,467 |  |  | $ | (65,721 | ) |  | $ | 114,746 |
Above-market leases |  | 13,836 |  |  |  | (3,943 | ) |  |  | 9,893 |
Lease origination costs |  | 40,212 |  |  |  | (10,492 | ) |  |  | 29,720 |
Tenant relationships |  | 651 |  |  |  | (563 | ) |  |  | 88 |
Below-market leases (as lessee) |  | 14,893 |  |  |  | (140 | ) |  |  | 14,753 |
Total intangible assets, net | $ | 250,059 |  |  | $ | (80,859 | ) |  | $ | 169,200 |
Other assets: |  |  |  |  |  |  |  |
Prepaid expenses |  |  |  |  |  |  |  | 3,165 |
Other assets(A) |  |  |  |  |  |  |  | 10,035 |
Deposits |  |  |  |  |  |  |  | 739 |
Swap receivable |  |  |  |  |  |  |  | 1,859 |
Deferred charges, net |  |  |  |  |  |  |  | 2,276 |
Total other assets |  |  |  |  |  |  | $ | 18,074 |
| Liability |  |  | Accumulated Amortization |  |  | Net |
Below-market leases, net | $ | 94,426 |  |  | $ | (15,480 | ) |  | $ | 78,946 |
(A) Includes $8.4 million of acquisition escrow deposits.
| December 31, 2025 |
| Asset |  |  | Accumulated Amortization |  |  | Net |
Intangible assets, net: |  |  |  |  |  |  |  |
In-place leases | $ | 141,231 |  |  | $ | (49,660 | ) |  | $ | 91,571 |
Above-market leases |  | 10,645 |  |  |  | (3,067 | ) |  |  | 7,578 |
Lease origination costs |  | 31,387 |  |  |  | (7,911 | ) |  |  | 23,476 |
Tenant relationships |  | 651 |  |  |  | (551 | ) |  |  | 100 |
Below-market leases (as lessee) |  | 14,893 |  |  |  | (105 | ) |  |  | 14,788 |
Total intangible assets, net | $ | 198,807 |  |  | $ | (61,294 | ) |  | $ | 137,513 |
Other assets: |  |  |  |  |  |  |  |
Prepaid expenses |  |  |  |  |  |  |  | 1,143 |
Other assets(A) |  |  |  |  |  |  |  | 4,864 |
Deposits |  |  |  |  |  |  |  | 1,470 |
Deferred charges, net |  |  |  |  |  |  |  | 2,782 |
Total other assets |  |  |  |  |  |  | $ | 10,259 |
| Liability |  |  | Accumulated Amortization |  |  | Net |
Below-market leases, net | $ | 78,781 |  |  | $ | (12,083 | ) |  | $ | 66,698 |
(A) Includes $3.3 million of acquisition escrow deposits.
Summary of Amortization Related to the Intangibles Excluding Below-market Leases (As Lessee) | Amortization for the three and six months ended June 30, 2026 and 2025 related to the Company’s intangibles, excluding below-market leases (as lessee), was as follows (in thousands):
Year |  | Income |  |  | Expense |
Three months ended June 30, 2026 |  | $ | 1,586 |  |  | $ | 10,404 |
Three months ended June 30, 2025 |  |  | 1,029 |  |  |  | 5,309 |
Six months ended June 30, 2026 |  |  | 3,263 |  |  |  | 19,925 |
Six months ended June 30, 2025 |  |  | 1,959 |  |  |  | 9,719 |

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