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Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 2024

Business Combination and Dispositions [Abstract]

Schedule of Allocation of Purchase Price for Assets and Liabilities Acquired

The following table summarizes properties acquired during the six and twelve months ended June 30, 2024 and December 31, 2023, respectively (amounts in thousands):

															Intangibles
Property			Date Acquired						Land			Building and Improvements			Assets			Liabilities			Total*
Williamsburg Retail, Brooklyn			9/14/2023						$	4,851		$	20,936		$	1,573		$	(300)		$	27,060
*Includes total capitalized transaction costs of $0.7 million.

Schedule of Real Estate Properties

The following table summarizes properties disposed of during the six and twelve months ended June 30, 2024 and December 31, 2023, respectively (amounts in thousands):

Property						Date of Disposal			Sales Price			Gain on Disposition
First Stamford Place, Stamford, Connecticut						5/22/2024			N/A			$	10,803
500 Mamaroneck Avenue, Harrison, New York*						4/5/2023			$	53,000		$	11,075
69-97 and 103-107 Main Street, Westport, Connecticut						2/1/2023			$	40,000		$	15,689
*The gain is net of approximately $4.5 million of post-closing costs we accrued related to our commitment to reimburse the buyer for a lease that did not occur. We funded the buyer for these costs and we have no further obligations or contingencies related to this property.

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Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

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