v3.25.1
EARNINGS PER SHARE AND UNIT (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Numerator:    
Net income attributable to common shareholders/unitholders $ 8,198 $ 2,603
Less: earnings allocated to unvested participating securities (6) (2)
Net income available for common shareholders - basic 8,192 2,601
OP and LTIP Units 0 91
Net income available for common shareholders - dilutive $ 8,192 $ 2,692
Denominator:    
Weighted average common shares outstanding - basic (in shares) 125,513 118,072
Effect of dilutive securities:    
Assumed conversion of OP and LTIP units (in shares) 0 4,636
Weighted average common shares outstanding - diluted (in shares) 125,603 122,814
Earnings per share available to common shareholders:    
Earnings (loss) per common share - Basic (in dollars per share) $ 0.07 $ 0.02
Earnings (loss) per common share - Diluted (in dollars per share) $ 0.07 $ 0.02
Urban Edge Properties LP    
Numerator:    
Net income attributable to common shareholders/unitholders $ 8,630 $ 2,721
Less: earnings allocated to unvested participating securities (348) (2)
Net income available for common shareholders - basic $ 8,282 $ 2,719
Denominator:    
Weighted average common shares outstanding - basic (in shares) 130,119 122,646
Effect of dilutive securities:    
Stock options using treasure stock method and restricted stock awards (in shares) 90 106
Assumed conversion of OP and LTIP units (in shares) 0 62
Weighted average common shares outstanding - diluted (in shares) 130,209 122,814
Earnings per share available to common shareholders:    
Earnings (loss) per common share - Basic (in dollars per share) $ 0.06 $ 0.02
Earnings (loss) per common share - Diluted (in dollars per share) $ 0.06 $ 0.02
Restricted share expense    
Effect of dilutive securities:    
Stock options using treasure stock method and restricted stock awards (in shares) 90 106