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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Summary of Properties Owned A summary of the properties owned by us is as follows:
Office
La Jolla CommonsOne Beach Street14Acres (formerly known as Eastgate Office Park)
Torrey Reserve CampusFirst & MainTimber Ridge (formerly known as Corporate Campus East III)
Torrey PointLloyd Portfolio
Solana CrossingCity Center BellevueTimber Springs (formerly known as Bel-Spring 520)
The Landmark at One Market
Retail
Carmel Country PlazaGateway MarketplaceHassalo on Eighth - Retail
Carmel Mountain PlazaGeary Marketplace
South Bay MarketplaceThe Shops at Kalakaua
Lomas Santa Fe PlazaWaikele Center
Solana Beach Towne CentreAlamo Quarry Market
Multifamily
Loma PalisadesHassalo on Eighth - Multifamily
Imperial Beach GardensGenesee Park
Mariner's Point
Santa Fe Park RV Resort
Pacific Ridge Apartments
Mixed-Use
Waikiki Beach Walk Retail and Embassy Suites™ Hotel
Held for Development and/or Construction in Progress
Solana Crossing – Land
Lloyd Portfolio – Construction in Progress
Summary of Supplement Disclosures Related to Consolidated Statements of Cash Flows
The following table provides supplemental disclosures related to the Consolidated Statements of Cash Flows (in thousands): 
 Nine Months Ended September 30,
 20252024
Supplemental cash flow information
Total interest costs incurred$59,767 $56,681 
Interest capitalized$1,430 $5,908 
Interest expense, net$58,337 $50,773 
Cash paid for interest, net of amounts capitalized$72,664 $54,047 
Cash paid for income taxes$689 $1,035 
Supplemental schedule of noncash investing and financing activities  
Accounts payable and accrued liabilities for construction in progress$16,025 $17,081 
Accrued leasing commissions$4,367 $2,622