Subsequent Events |
3 Months Ended |
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Mar. 31, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | 11. Subsequent Events In March 2024, the Directors’ Deferred Compensation Plan was terminated and pursuant to its terms, in April 2025, all remaining account balances were distributed. As a result, Deferred compensation obligation will be reduced by $8.0 million with a corresponding adjustment to Treasury Stock. In October 2024, consistent with the contractual obligations set forth in the Separation and Distribution agreement, SITE Centers entered into a lease agreement with Curbline pursuant to which SITE Centers will lease a portion of a property owned by Curbline in Miami, Florida for one year beginning on April 1, 2025. SITE Centers will pay annual rent of $0.8 million along with a proportionate share of real estate tax expense. The first payment was made by SITE Centers in April 2025 and will be reflected in General and administrative expense. |