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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Land $ 919,733 $ 759,267
Buildings 1,618,627 1,304,288
Fixtures and tenant improvements 123,166 107,013
Total real estate rental property 2,661,526 2,170,568
Less: Accumulated depreciation (238,583) (209,429)
Real estate rental property, net 2,422,943 1,961,139
Construction in progress and land 40,171 27,355
Total real estate assets, net 2,463,114 1,988,494
Cash and cash equivalents 154,721 289,553
Accounts receivable, net 26,832 22,514
Amounts receivable from SITE Centers 9,273 21,457
Intangible assets, net 169,200 137,513
Other assets 18,074 10,259
Total assets 2,841,214 2,469,790
Indebtedness:    
Senior notes, net 347,277 175,086
Term loans, net 248,546 248,153
Revolving credit facility 0 0
Total indebtedness 595,823 423,239
Below-market leases, net 78,946 66,698
Dividends payable 19,630 20,872
Accounts payable and other liabilities 54,449 45,511
Total liabilities 748,848 556,320
Commitments and contingencies (Note 7)
Equity    
Preferred Stock, par value $0.01 per share; 100,000,000 authorized; 0 shares outstanding at June 30, 2026 and December 31, 2025 0 0
Common Stock, par value $0.01 per share; 400,000,000 shares authorized; 114,037,648 and 105,368,120 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 1,140 1,054
Additional paid-in-capital 2,157,037 1,958,845
Accumulated distributions in excess of net income (72,132) (46,100)
Accumulated other comprehensive income (loss) 135 (4,606)
Total stockholders' equity 2,086,180 1,909,193
Non-controlling interests 6,186 4,277
Total equity 2,092,366 1,913,470
Total liabilities and equity $ 2,841,214 $ 2,469,790