v3.25.2
INCOME PROPERTIES (Tables)
6 Months Ended
Jun. 30, 2025
ASSETS HELD FOR SALE  
Schedule of components of leasing revenue

The components of leasing revenue are as follows (in thousands):

Three Months Ended

Six Months Ended

June 30, 2025

June 30, 2024

June 30, 2025

June 30, 2024

Leasing Revenue

Lease Payments

$

25,533

$

19,197

$

49,459

$

37,698

Variable Lease Payments

7,842

6,681

15,588

12,803

Total Leasing Revenue

$

33,375

$

25,878

$

65,047

$

50,501

Schedule of minimum future base rental revenue on non-cancelable leases

Minimum future base rental receipts under non-cancelable operating leases, excluding percentage rent and other lease payments that are not fixed and determinable, having remaining terms in excess of one year subsequent to June 30, 2025, are summarized as follows (in thousands):

Year Ending December 31,

    

Amounts

Remainder of 2025

$

50,844

2026

95,758

2027

83,683

2028

69,937

2029

53,881

2030

44,638

2031 and Thereafter (Cumulative)

126,089

Total

$

524,830