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OTHER INTANGIBLE ASSETS AND LIABILITIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Liabilities and Related Accumulated Amortization and Accretion | A schedule of the Company’s intangible assets and liabilities and related accumulated amortization and accretion as of December 31, 2024 and 2023, is as follows:
| As of December 31,
| 2024 |  | 2023
| (in thousands)
Intangible assets: |  |  |
Acquired in-place leases, net of accumulated amortization of $5,195 and $4,821, respectively, both with an average useful life of 6 years, respectively | $ | 610 |  |  | $ | 984 |
Acquired above-market leases, net of accumulated amortization of $36 and $30, respectively, both with an average useful life of 7 years | 1 |  |  | 7 |
Trade name and license | 2,957 |  |  | 2,957 |
Total intangible assets, net | $ | 3,568 |  |  | $ | 3,948 |
Schedule of Amortization of Acquired Leases | During the years ended December 31, 2024 and 2023, the Company recognized amortization related to its intangible assets and liabilities as follows:
| Year Ended December 31,
| 2024 |  | 2023 |  |
| (in thousands)
Acquired above-market lease amortization | $ | 6 |  |  | $ | 80 |  |  |
Acquired in-place lease amortization | $ | 374 |  |  | $ | 27,714 |  |  |
Acquired below-market lease amortization | $ | — |  |  | $ | 243 |  |  |
Schedule of Future Amortization and Accretion of Acquisition Related Intangible Assets and Liabilities | A schedule of future amortization and accretion of acquired intangible assets and liabilities as of December 31, 2024, is as follows:
|  | Assets |  |  |  |  |  |
|  | Acquired |  | Acquired |  |  |  |  |  |
|  | Above-Market |  | In-Place |  |  |  |  |  |
Years Ending December 31, |  | Leases |  | Leases |  |  |  |  |  |
|  | (in thousands)
2025 |  | $ | 1 |  |  | $ | 170 |  |  |  |  |  |  |
2026 |  | — |  |  | 123 |  |  |  |  |  |  |
2027 |  | — |  |  | 123 |  |  |  |  |  |  |
2028 |  | — |  |  | 122 |  |  |  |  |  |  |
2029 |  | — |  |  | 72 |  |  |  |  |  |  |
Thereafter |  | — |  |  | — |  |  |  |  |  |  |
|  | $ | 1 |  |  | $ | 610 |  |  |  |  |  |  |

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets and liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of the aggregate amount of intangible assets and liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
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