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Business Segments (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Business Segments
Financial Information By Segment
(In thousands) Shopping
Centers
Mixed-Use
Properties
Corporate
and Other
Consolidated
Totals
Three Months Ended June 30, 2024
Real estate rental operations:
Revenue$46,765 $20,178 $— $66,943 
Expenses(9,953)(7,311)— (17,264)
Income from real estate36,812 12,867 — 49,679 
Interest expense, net and amortization of deferred debt costs— — (12,267)(12,267)
Depreciation and amortization of deferred leasing costs(7,084)(4,917)— (12,001)
General and administrative— — (6,102)(6,102)
Gain on disposition of property181 — — 181 
Net income (loss)$29,909 $7,950 $(18,369)$19,490 
Capital investment$4,648 $39,977 $— $44,625 
Total assets$900,335 $1,156,510 $14,752 $2,071,597 
Three Months Ended June 30, 2023
Real estate rental operations:
Revenue$43,974 $19,735 $— $63,709 
Expenses(9,462)(6,988)— (16,450)
Income from real estate34,512 12,747 — 47,259 
Interest expense, net and amortization of deferred debt costs— — (12,278)(12,278)
Depreciation and amortization of deferred leasing costs(7,066)(5,048)— (12,114)
General and administrative— — (5,678)(5,678)
Net income (loss)$27,446 $7,699 $(17,956)$17,189 
Capital investment$4,221 $51,989 $— $56,210 
Total assets$915,274 $972,258 $19,162 $1,906,694 
Financial Information By Segment
(In thousands)Shopping
Centers
Mixed-Use
Properties
Corporate
and Other
Consolidated
Totals
Six Months Ended June 30, 2024
Real estate rental operations:
Revenue$93,698 $39,937 $— $133,635 
Expenses(20,917)(14,516)— (35,433)
Income from real estate72,781 25,421 — 98,202 
Interest expense, net and amortization of deferred debt costs— — (24,715)(24,715)
Depreciation and amortization of deferred leasing costs(14,158)(9,872)— (24,030)
General and administrative— — (11,885)(11,885)
Gain on disposition of property181 — — 181 
Net income (loss)$58,804 $15,549 $(36,600)$37,753 
Capital investment$8,789 $81,405 $— $90,194 
Total assets$900,335 $1,156,510 $14,752 $2,071,597 
Six Months Ended June 30, 2023
Real estate rental operations:
Revenue$88,199 $38,559 $— $126,758 
Expenses(18,722)(14,009)— (32,731)
Income from real estate69,477 24,550 — 94,027 
Interest expense, net and amortization of deferred debt costs— — (24,099)(24,099)
Depreciation and amortization of deferred leasing costs(14,193)(9,937)— (24,130)
General and administrative— — (10,946)(10,946)
Net income (loss)$55,284 $14,613 $(35,045)$34,852 
Capital investment$5,888 $93,478 $— $99,366 
Total assets$915,274 $972,258 $19,162 $1,906,694