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Business Segments
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Business Segments Business Segments
The Company has two reportable business segments: Shopping Centers and Mixed-Use Properties. The accounting policies of the segments are the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates performance based upon income and cash flows from real estate of the combined properties in each segment. All of our properties within each segment generate similar types of revenues and expenses related to tenant rent, reimbursements and operating expenses. Although services are provided to a variety of tenants, the types of services provided to them are similar within each segment. The properties in each portfolio have similar economic characteristics and the nature of the products and services provided to our tenants and the method to distribute such services are consistent throughout the portfolio. Certain reclassifications have been made to prior year information to conform to the 2024 presentation.
Financial Information By Segment
(Dollars in thousands) Shopping
Centers		Mixed-Use
Properties		Corporate
and Other		Consolidated
Totals
Three Months Ended September 30, 2024
Real estate rental operations:
Revenue$46,463 $20,825 $— $67,288 
Expenses(10,101)(7,630)— (17,731)
Income from real estate36,362 13,195 — 49,557 
Interest expense, net and amortization of deferred debt costs— — (12,213)(12,213)
Depreciation and amortization of deferred leasing costs(7,144)(4,928)— (12,072)
General and administrative— — (5,680)(5,680)
Net income (loss)$29,218 $8,267 $(17,893)$19,592 
Capital investment$4,614 $50,203 $— $54,817 
Total assets$907,116 $1,194,544 $11,364 $2,113,024 
Three Months Ended September 30, 2023
Real estate rental operations:
Revenue$44,014 $19,752 $— $63,766 
Expenses(9,945)(7,416)— (17,361)
Income from real estate34,069 12,336 — 46,405 
Interest expense, net and amortization of deferred debt costs— — (12,419)(12,419)
Depreciation and amortization of deferred leasing costs(7,156)(4,940)— (12,096)
General and administrative— — (5,179)(5,179)
Net income (loss)$26,913 $7,396 $(17,598)$16,711 
Capital investment$3,952 $43,949 $— $47,901 
Total assets$920,442 $1,016,267 $24,214 $1,960,923 
Financial Information By Segment
(Dollars in thousands)Shopping
Centers		Mixed-Use
Properties		Corporate
and Other		Consolidated
Totals
Nine Months Ended September 30, 2024
Real estate rental operations:
Revenue$140,161 $60,762 $— $200,923 
Expenses(31,018)(22,146)— (53,164)
Income from real estate109,143 38,616 — 147,759 
Interest expense, net and amortization of deferred debt costs— — (36,928)(36,928)
Depreciation and amortization of deferred leasing costs(21,302)(14,800)— (36,102)
General and administrative— — (17,565)(17,565)
Gain on disposition of property181 — — 181 
Net income (loss)$88,022 $23,816 $(54,493)$57,345 
Capital investment$13,403 $131,608 $— $145,011 
Total assets$907,116 $1,194,544 $11,364 $2,113,024 
Nine Months Ended September 30, 2023
Real estate rental operations:
Revenue$132,214 $58,310 $— $190,524 
Expenses(28,667)(21,424)— (50,091)
Income from real estate103,547 36,886 — 140,433 
Interest expense, net and amortization of deferred debt costs— — (36,518)(36,518)
Depreciation and amortization of deferred leasing costs(21,350)(14,877)— (36,227)
General and administrative— — (16,125)(16,125)
Net income (loss)$82,197 $22,009 $(52,643)$51,563 
Capital investment$9,840 $137,427 $— $147,267 
Total assets$920,442 $1,016,267 $24,214 $1,960,923