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Acquired Properties | 3 Months Ended
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Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Acquired Properties | Acquired Properties There were no properties acquired during the three months ended March 31, 2025. The following table reflects the retail properties acquired during the three months ended March 31, 2026:
Month Acquired |  | Property |  | Market |  | Square Feet |  | Gross Acquisition Price |  |
Feb-26 |  | Marketplace at Hudson Station |  | Phoenix, AZ |  | 60 |  |  | $ | 31,250 |  |  |
Feb-26 |  | Nashville West |  | Nashville, TN |  | 324 |  |  | 88,000 |  |  |
Mar-26 |  | The Centre on Hugh Howell - Outparcel (a) |  | Atlanta, GA |  | 7 |  |  | 3,731 |  |  |
|  |  |  |  |  | 391 |  |  | $ | 122,981 |  |  |
(a)The Company acquired a single-tenant outparcel adjacent to this retail property. The assets, liabilities, and operations of the outparcel acquired are combined for presentation purposes with the retail property already owned by the Company. The following table presents the Company's purchase price allocations of retail properties acquired, accounted for as asset acquisitions, during the three months ended March 31, 2026:
| 2026 Acquisitions |  |
| Amount |  | Weighted Average Useful Life (in Years) |  |  |  |
Land | $ | 17,597 |  |  | N/A |  |  |  |
Building, roofs, and site improvements | 93,167 |  |  | 28.4 |  |  |  |
In-place lease intangibles | 19,792 |  |  | 7.0 |  |  |  |
Above-market lease intangibles | 569 |  |  | 10.2 |  |  |  |
Below-market lease intangibles | (8,155) |  |  | 11.5 |  |  |  |
Net assets acquired | 122,970 |  |  |  |  |  |  |
Capitalized acquisition costs | (739) |  |  |  |  |  |  |
Closing credits | 750 |  |  |  |  |  |  |
Gross acquisition price | $ | 122,981 |  |  |  |  |  |  |

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- Definition The entire disclosure for asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480123/805-50-15-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/805-50/tableOfContent + Details
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- References No definition available. + Details
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