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v3.25.1

Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Minimum Lease Payments to be Received | Minimum lease payments to be received under long-term operating leases and short-term specialty leases, excluding additional percentage rent based on tenants' sales volume and tenant reimbursements of certain operating expenses, and assuming no exercise of renewal options or early termination rights, are as follows:
| As of March 31, 2025
Remaining 2025 | $ | 158,735 |
2026 | 200,522 |
2027 | 168,328 |
2028 | 141,824 |
2029 | 112,521 |
Thereafter | 387,146 |
Total | $ | 1,169,076 |
Schedule of Disaggregation of Lease Income, Net | The following table reflects the disaggregation of lease income, net:
|  |  | Three months ended March 31
|  |  |  |  | 2025 |  | 2024
Minimum base rent |  |  |  |  | $ | 47,066 |  |  | $ | 42,447 |
Real estate tax recoveries |  |  |  |  | 8,599 |  |  | 8,105 |
Common area maintenance, insurance, and other recoveries |  |  |  |  | 9,399 |  |  | 7,854 |
Ground rent income |  |  |  |  | 5,076 |  |  | 4,737 |
Amortization of market-lease intangibles and inducements, net |  |  |  |  | 895 |  |  | 576 |
Short-term and other lease income |  |  |  |  | 1,417 |  |  | 1,261 |
Termination fee income |  |  |  |  | 10 |  |  | 561 |
Straight-line rent adjustments, net |  |  |  |  | 894 |  |  | 906 |
Reversal of uncollectible rent and recoveries, net |  |  |  |  | 33 |  |  | 46 |
Lease income, net |  |  |  |  | $ | 73,389 |  |  | $ | 66,493 |

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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-12 + Details
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- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
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