Note 12 - Revenues |
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| Revenues | Note 12 – Revenues Disaggregated Revenue The following table represents a disaggregation of revenues from contracts with customers for the three months ended March 31, 2025 and 2024 by type of service:
Leasing Operations The Company’s retail leases generally have an initial lease term of approximately 10 to 20 years for anchor tenant leases, while smaller tenants’ initial leases typically have an initial lease term of five years. These leases typically have options to renew for one or more successive five-year periods. As of March 31, 2025 and December 31, 2024, the weighted average remaining lease term of our retail leases, excluding future options to extend the terms of the leases, was 5.2 years. The Company’s lease terms for residential leases are generally 11.5 months with 12 equal payments.
Minimum cash rental payments due to the Company in future periods under executed non-cancelable operating leases in place for the Company’s properties as of March 31, 2025 are reflected in the table below.
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