v3.25.1
SEGMENT REPORTING (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Real estate taxes $ 16,358,000 $ 17,003,000
Property operating 22,732,000 20,506,000
Lease expense 3,371,000 3,128,000
Depreciation and amortization (37,195,000) (38,574,000)
Interest and debt expense (19,755,000) (20,577,000)
General and administrative (9,531,000) (9,046,000)
Gain (loss) on extinguishment of debt 498,000 (272,000)
Real estate impairment loss 0  
Interest income 607,000 688,000
Gain on sale of real estate 0 1,902,000
Income before income taxes 9,001,000 3,110,000
Reportable Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Rental revenue from tenant expense reimbursements 114,829,000 107,602,000
Real estate taxes 16,840,000 17,451,000
Property operating 24,466,000 20,609,000
Lease expense 2,098,000 2,630,000
Costs and Expenses 43,404,000 40,690,000
Property Net Operating Income 71,425,000 66,912,000
Depreciation and amortization (37,195,000) (38,574,000)
Interest and debt expense (19,755,000) (20,577,000)
General and administrative (9,531,000) (9,046,000)
Gain (loss) on extinguishment of debt 498,000 (272,000)
Interest income 406,000 422,000
Straight-line rents, amortization of above and below-market leases, and other 3,272,000 2,522,000
Gain on sale of real estate 0 1,902,000
Other (expense) income (119,000) (179,000)
Income before income taxes 9,001,000 3,110,000
Property Rentals | Reportable Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Rental revenue from tenant expense reimbursements 80,094,000 77,318,000
Tenant expense reimbursements | Reportable Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Rental revenue from tenant expense reimbursements $ 34,735,000 $ 30,284,000