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v3.25.3

Segment Information - Reconciliation to Net Income (Loss) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Segment Information |  |  |  |
Net loss | $ (8,326) | $ (15,622) | $ (37,637) | $ (44,197)
Loss on extinguishment of debt | 7 | 477 | 12 | 614
(Gain) loss on sale of properties and impairment of assets held for sale, net |  | 7,254 | 12,900 | 20,459
Depreciation and amortization |  |  | 34,045 | 36,284
General and administrative | 3,034 | 3,275 | 9,799 | 11,069
Interest expense | 6,348 | 6,585 | 18,378 | 20,513
Interest income | (249) | (340) | (756) | (1,696)
Tax expense | 3 | $ 56 | 137 | 162
Real Estate Operations |  |  |  |
Segment Information |  |  |  |
Net loss | (8,326) |  | (37,637) | (44,197)
Loss on extinguishment of debt | 7 |  | 12 | 614
(Gain) loss on sale of properties and impairment of assets held for sale, net |  |  | 12,900 | 20,459
Depreciation and amortization | 10,550 |  | 32,000 | 34,018
Amortization of above/below market leases |  |  |  | (17)
General and administrative | 3,034 |  | 9,799 | 11,069
Interest expense | 6,348 |  | 18,378 | 20,513
Interest income | (249) |  | (756) | (1,696)
Tax expense | 3 |  | 137 | 162
Segment NOI | $ 11,367 |  | $ 34,833 | $ 40,925

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