v3.25.1
Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net - Schedule of Finite-Lived Intangible Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Finite-Lived Intangible Assets, Net    
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 318,254 $ 327,514
INTANGIBLE LIABILITIES, NET 20,807 21,838
Below-market leases    
Finite-Lived Intangible Assets, Net    
Below-market leases 40,290 40,535
Accumulated amortization (19,483) (18,697)
Deferred leasing costs and in-place lease intangibles    
Finite-Lived Intangible Assets, Net    
Deferred leasing costs and intangible assets, gross 243,299 244,463
Accumulated amortization (119,954) (116,868)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 123,345 127,595
Lease incentives    
Finite-Lived Intangible Assets, Net    
Deferred leasing costs and intangible assets, gross 36,098 34,352
Accumulated amortization (1,827) (1,203)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 34,271 33,149
Below-market ground leases    
Finite-Lived Intangible Assets, Net    
Deferred leasing costs and intangible assets, gross 74,930 74,930
Accumulated amortization (22,266) (21,626)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 52,664 53,304
Above-market leases    
Finite-Lived Intangible Assets, Net    
Deferred leasing costs and intangible assets, gross 301 636
Accumulated amortization (277) (437)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 24 199
Customer relationships    
Finite-Lived Intangible Assets, Net    
Deferred leasing costs and intangible assets, gross 97,900 97,900
Accumulated amortization (43,884) (40,380)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 54,016 57,520
Non-competition agreements    
Finite-Lived Intangible Assets, Net    
Deferred leasing costs and intangible assets, gross 5,300 8,200
Accumulated amortization (3,839) (4,926)
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 1,461 3,274
Trade name    
Finite-Lived Intangible Assets, Net    
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET 37,200 37,200
Parking easement    
Finite-Lived Intangible Assets, Net    
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET $ 15,273 $ 15,273