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DEBT OBLIGATIONS (Tables) | 9 Months Ended
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Sep. 30, 2024
DEBT OBLIGATIONS |
Schedule of mortgages payable, net | The following table details the Mortgages payable, net, balances per the consolidated balance sheets (amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31,
​ |  | 2024 |  | 2023
Mortgages payable, gross | ​ | $ | 430,524 | ​ | $ | 422,565
Unamortized deferred financing costs | ​ |  | (3,683) | ​ |  | (3,414)
Unamortized mortgage intangible assets (a) | ​ | ​ | (702) | ​ | ​ | (804)
Mortgages payable, net | ​ | $ | 426,139 | ​ | $ | 418,347
(a) | In connection with the assumption of two below-market mortgages.
​
Schedule of principal repayments | The following table sets forth, as of September 30, 2024, scheduled principal repayments with respect to the Company’s mortgage debt during the three months ending December 31, 2024 and for each of the subsequent twelve months through maturity (amounts in thousands): ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | Thereafter |  | Total
Amortization payments | ​ | $ | 2,954 | ​ | $ | 11,031 | ​ | $ | 10,995 | ​ | $ | 9,935 | ​ | $ | 9,288 | ​ | $ | 35,285 | ​ | $ | 79,488
Principal due at maturity | ​ |  | 5,149 | ​ |  | 29,157 | ​ |  | 19,179 | ​ |  | 38,525 | ​ |  | 30,155 | ​ |  | 228,871 | ​ |  | 351,036
Total | ​ | $ | 8,103 | ​ | $ | 40,188 | ​ | $ | 30,174 | ​ | $ | 48,460 | ​ | $ | 39,443 | ​ | $ | 264,156 | ​ | $ | 430,524
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