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ORGANIZATION OF THE PARENT COMPANY AND THE OPERATING PARTNERSHIP (Tables) | 3 Months Ended
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Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Core Portfolio of Operating Properties and Excludes Development, Redevelopment and Held for Sale | The Company’s core portfolio of operating properties (the “Core Properties”) exclude properties under development or redevelopment properties, recently completed - not stabilized properties, and properties held for sale. The Properties were comprised of the following as of March 31, 2025:
| Number of Properties |  | Rentable Square Feet
Office properties | 59 |  |  | 11,006,099 |
Mixed-use properties | 4 |  |  | 924,450 |
Core Properties | 63 |  |  | 11,930,549 |
Recently completed - not stabilized properties (a) | 1 |  |  | 168,294 |
The Properties | 64 |  |  | 12,098,843 |
(a)The Company reclassifies a Property from “development/redevelopment property” to “recently completed – not-stabilized property” after the date that the development or redevelopment of the Property is placed in service and prior to the time that the Property reaches at least 90% occupancy. At such time as the Property reaches at least 90% occupancy it is considered stabilized. Then the Company reclassifies the Property as a “Core Property.”

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