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INCOME PROPERTIES - Acquisitions (Details) $ in Thousands | 6 Months Ended |  |
--- | --- | --- | ---
Jun. 30, 2024 USD ($) ft² property | Jun. 30, 2023 USD ($) ft² tenant property | Feb. 24, 2023 ft² | Mar. 03, 2022 USD ($)
Acquisitions of Income Properties |  |  |  |
Aggregate acquisition cost including capitalized acquisition costs |  | $ 14,700 |  |
Weighted average amortization period of intangible assets | 6 years |  |  |
Face Value of Debt | $ 483,834 |  |  |
Fixed-Rate Mortgage Note |  |  |  |
Acquisitions of Income Properties |  |  |  |
Face Value of Debt |  |  |  | $ 17,800
Income Property, Vacant Land Parcel Adjacent West Broad Village, Richmond, Virginia |  |  |  |
Acquisitions of Income Properties |  |  |  |
Purchase Price |  | 1,500 |  |
2024 Acquisitions |  |  |  |
Acquisitions of Income Properties |  |  |  |
Aggregate acquisition cost including capitalized acquisition costs | 72,600 |  |  |
Land | 14,400 |  |  |
Buildings and improvements | 52,000 |  |  |
Intangible assets pertaining to the in-place lease value, leasing fees and above market lease value | 11,200 |  |  |
Intangible liabilities for below market lease value | $ 5,000 |  |  |
Weighted average amortization period of intangible assets | 4 years 10 months 24 days |  |  |
Purchase Price | $ 72,500 |  |  |
2024 Acquisitions | Income Property Marketplace at Seminole Towne Center, Sanford, Florida |  |  |  |
Acquisitions of Income Properties |  |  |  |
Number of real estate properties | property | 1 |  |  |
Aggregate acquisition cost including capitalized acquisition costs | $ 68,800 |  |  |
Property Square-Feet | ft² | 315,066 |  |  |
Purchase Price | $ 68,700 |  |  |
Percentage Leased at Acquisition | 98.00% |  |  |
Remaining Lease Term at Acquisition Date (in years) | 4 years 8 months 12 days |  |  |
2024 Acquisitions | Income Property Exchange at Gwinnett, Buford, Georgia |  |  |  |
Acquisitions of Income Properties |  |  |  |
Number of real estate properties | property | 1 |  |  |
Area of real estate property acquired | ft² | 4,000 |  |  |
Property Square-Feet | ft² | 28,100 |  |  |
Purchase Price | $ 2,300 |  |  |
Remaining Lease Term at Acquisition Date (in years) | 10 years |  |  |
2024 Acquisitions | Income Property, Multi-tenant, Rockwall, Texas and Income Property Exchange at Gwinnett, Buford, Georgia |  |  |  |
Acquisitions of Income Properties |  |  |  |
Number of real estate properties | property | 1 |  |  |
2023 Acquisitions |  |  |  |
Acquisitions of Income Properties |  |  |  |
Aggregate acquisition cost including capitalized acquisition costs |  | 76,000 |  |
Purchase Price |  | $ 75,900 |  |
2023 Acquisitions | Multi-tenant |  |  |  |
Acquisitions of Income Properties |  |  |  |
Number of tenant repurchase options | tenant |  | 1 |  |
2023 Acquisitions | Income Property, Multi-tenant, Rockwall, Texas |  |  |  |
Acquisitions of Income Properties |  |  |  |
Aggregate acquisition cost including capitalized acquisition costs |  | $ 61,300 |  |
Property Square-Feet | ft² |  | 446,500 |  |
Purchase Price |  | $ 61,200 |  |
Percentage Leased at Acquisition |  | 95.00% |  |
Remaining Lease Term at Acquisition Date (in years) |  | 4 years 2 months 12 days |  |
2023 Acquisitions | Income Property Exchange at Gwinnett, Buford, Georgia |  |  |  |
Acquisitions of Income Properties |  |  |  |
Number of real estate properties | property |  | 4 |  |
Property Square-Feet | ft² |  | 24,100 | 28,100 |
Purchase Price |  | $ 14,600 |  |
Number of tenant | tenant |  | 6 |  |
Remaining Lease Term at Acquisition Date (in years) |  | 9 years 10 months 24 days |  |

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