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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination [Abstract]  
Schedule of Acquisition Cost of Shopping Centers The fair value of the acquisitions was allocated as follows (in thousands):

 

 

 

 

 

Weighted-Average
Amortization Period
(in Years)

 

2026

 

 

2026

Land

$

160,219

 

 

N/A

Buildings

 

308,722

 

 

(A)

Tenant improvements

 

10,547

 

 

(A)

In-place leases (including lease origination costs and fair
   market value of leases)

 

54,203

 

 

6.4

Other assets assumed

 

966

 

 

N/A

 

 

534,657

 

 

 

Less: Below-market leases

 

(16,416

)

 

15.4

Less: Other liabilities assumed

 

(4,055

)

 

N/A

Net assets acquired

$

514,186

 

 

 

 

(A)
Depreciated in accordance with the Company’s policy.