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Leases (Tables)

6 Months Ended

Mar. 29, 2025

Leases [Abstract]

Future Maturities of Lease Liabilities

Fiscal Year		Operating Leases			Finance Leases
Remainder of 2025	$	2,992,032		$	420,000
2026		5,992,190			840,000
2027		5,482,431			840,000
2028		3,943,840			840,000
2029		2,955,264			101,500
Thereafter		16,625,088			—
Total lease payments	$	37,990,845		$	3,041,500
Less amount representing interest		9,218,765			313,893
Present value of lease liabilities	$	28,772,080		$	2,727,607

Schedule of Rental Income

		Three Months Ended			Six Months Ended
		March 29, 2025			March 29, 2025
Rents earned on owned and subleased properties:
Base rentals	$	7,928,216		$	14,526,958
Variable rentals		78,502			157,004
Total		8,006,718			14,683,962
Depreciation on owned properties leased to others		(2,155,209)			(4,310,418)
Other shopping center expenses		(1,129,957)			(2,239,023)
Total	$	4,721,552		$	8,134,521

Future Minimum Operating Lease Receipts

Fiscal Year
Remainder of 2025	$	10,371,633
2026		17,512,431
2027		14,131,226
2028		11,533,448
2029		8,356,254
Thereafter		28,183,691
Total minimum future rental income	$	90,088,683

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- References

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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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

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- Definition

Tabular disclosure of components of income from sales-type 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

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