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Real Estate (Tables)

6 Months Ended

Jun. 30, 2024

Real Estate [Abstract]

Schedule of Construction in Progress

Construction in progress as of June 30, 2024 and December 31, 2023, is composed of the following:

(In thousands)						June 30, 2024						December 31, 2023
Twinbrook Quarter - Retail/Residential (1)						$	292,242					$	248,913
Twinbrook Quarter - Other (2)						123,781						106,200
Hampden House (3)			181,877						142,240
Other						17,266						17,200
Total						$	615,166					$	514,553

(1) Includes capitalized interest of $24.2 million and $18.8 million, as of June 30, 2024 and December 31, 2023, respectively.

(2) Other includes infrastructure and site work necessary to support current and future development phases, and includes capitalized interest of $8.6 million and $6.7 million, as of June 30, 2024 and December 31, 2023, respectively.

(3) Includes capitalized interest of $17.4 million and $14.1 million, as of June 30, 2024 and December 31, 2023, respectively.

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