v3.25.1
MORTGAGES PAYABLE - Summary of Mortgages Payable (Details) - Mortgages - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Dec. 31, 2024
May 03, 2024
Mar. 28, 2024
Fixed rate | The Village at Waugh Chapel        
Debt Instrument [Line Items]        
Debt instrument, unamortized discount $ 4,800      
Fixed rate | Mount Kisco Commons        
Debt Instrument [Line Items]        
Debt instrument, unamortized discount 600      
First Mortgage        
Debt Instrument [Line Items]        
Total mortgages payable 1,580,602 $ 1,583,820    
Total unamortized debt issuance costs (13,354) (14,067)    
Total mortgages payable, net 1,567,248 1,569,753    
First Mortgage | Variable rate        
Debt Instrument [Line Items]        
Total mortgages payable $ 50,554 50,905    
First Mortgage | Variable rate | The Plaza at Woodbridge        
Debt Instrument [Line Items]        
Effective Interest Rate 5.26%      
Total mortgages payable $ 50,554 50,905    
Interest rate spread on variable rate 226.00%      
Interest rate cap 3.00%      
First Mortgage | Variable rate | Montclair, NJ        
Debt Instrument [Line Items]        
Interest rate spread on variable rate 257.00%      
First Mortgage | Fixed rate        
Debt Instrument [Line Items]        
Total mortgages payable $ 1,530,048 1,532,915    
First Mortgage | Fixed rate | West End Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.99%      
Total mortgages payable $ 23,594 23,717    
First Mortgage | Fixed rate | Town Brook Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.78%      
Total mortgages payable $ 29,451 29,610    
First Mortgage | Fixed rate | Rockaway River Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.78%      
Total mortgages payable $ 26,075 26,215    
First Mortgage | Fixed rate | Hanover Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.03%      
Total mortgages payable $ 59,855 60,155    
First Mortgage | Fixed rate | Tonnelle Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.18%      
Total mortgages payable $ 94,816 95,286    
First Mortgage | Fixed rate | Manchester Plaza        
Debt Instrument [Line Items]        
Effective Interest Rate 4.32%      
Total mortgages payable $ 12,500 12,500    
First Mortgage | Fixed rate | Millburn Gateway Center        
Debt Instrument [Line Items]        
Effective Interest Rate 3.97%      
Total mortgages payable $ 21,396 21,525    
First Mortgage | Fixed rate | Totowa Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.33%      
Total mortgages payable $ 50,800 50,800    
First Mortgage | Fixed rate | Woodbridge Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.36%      
Total mortgages payable $ 22,100 22,100    
First Mortgage | Fixed rate | Brunswick Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.38%      
Total mortgages payable $ 63,000 63,000    
First Mortgage | Fixed rate | Rutherford Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.49%      
Total mortgages payable $ 23,000 23,000    
First Mortgage | Fixed rate | Hackensack Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.36%      
Total mortgages payable $ 66,400 66,400    
First Mortgage | Fixed rate | Marlton Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.86%      
Total mortgages payable $ 35,844 36,024    
First Mortgage | Fixed rate | Yonkers Gateway Center        
Debt Instrument [Line Items]        
Effective Interest Rate       6.30%
Total mortgages payable   50,000   $ 50,000
First Mortgage | Fixed rate | Ledgewood Commons        
Debt Instrument [Line Items]        
Effective Interest Rate     6.03%  
Total mortgages payable   50,000 $ 50,000  
First Mortgage | Fixed rate | The Shops at Riverwood        
Debt Instrument [Line Items]        
Effective Interest Rate 4.25%      
Total mortgages payable $ 20,862 20,958    
First Mortgage | Fixed rate | Shops at Bruckner        
Debt Instrument [Line Items]        
Effective Interest Rate 6.00%      
Total mortgages payable $ 37,220 37,350    
First Mortgage | Fixed rate | Greenbrook Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.03%      
Total mortgages payable $ 31,000 31,000    
First Mortgage | Fixed rate | Huntington Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.29%      
Total mortgages payable $ 43,704 43,704    
First Mortgage | Fixed rate | Bergen Town Center        
Debt Instrument [Line Items]        
Effective Interest Rate 6.30%      
Total mortgages payable $ 290,000 290,000    
First Mortgage | Fixed rate | The Outlets at Montehiedra | Senior Loan        
Debt Instrument [Line Items]        
Effective Interest Rate 5.00%      
Total mortgages payable $ 73,029 $ 73,551    
First Mortgage | Fixed rate | Montclair, NJ        
Debt Instrument [Line Items]        
Effective Interest Rate 3.15% 3.15%    
Total mortgages payable $ 7,250 $ 7,250    
First Mortgage | Fixed rate | Garfield Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.14%      
Total mortgages payable $ 38,700 38,886    
First Mortgage | Fixed rate | The Village at Waugh Chapel        
Debt Instrument [Line Items]        
Effective Interest Rate 3.76%      
Total mortgages payable $ 55,249 55,071    
First Mortgage | Fixed rate | Brick Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 5.20%      
Total mortgages payable $ 50,000 50,000    
First Mortgage | Fixed rate | Woodmore Towne Centre        
Debt Instrument [Line Items]        
Effective Interest Rate 3.39%      
Total mortgages payable $ 117,200 117,200    
First Mortgage | Fixed rate | Newington Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.00%      
Total mortgages payable $ 15,666 15,719    
First Mortgage | Fixed rate | Shops At Caguas        
Debt Instrument [Line Items]        
Effective Interest Rate 6.60%      
Total mortgages payable $ 81,132 81,504    
First Mortgage | Fixed rate | Briarcliff Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 5.47%      
Total mortgages payable $ 30,000 30,000    
First Mortgage | Fixed rate | Mount Kisco Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.40%      
Total mortgages payable $ 10,205 $ 10,390