INTANGIBLE ASSETS AND LIABILITIES - Components (Details) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
---|---|---|
Intangible Assets And Liabilities | ||
Sub-total Intangible Lease Assets | $ 143,418 | $ 130,086 |
Accumulated Amortization | (61,870) | (50,888) |
Sub-total Intangible Lease Assets-Net | 81,548 | 79,198 |
Intangible Lease Liabilities: | ||
Value of Below Market In-Place Leases | (24,288) | (21,267) |
Sub-total Intangible Lease Liabilities | (24,288) | (21,267) |
Accumulated Amortization | 8,283 | 6,143 |
Sub-total Intangible Lease Liabilities-Net | (16,005) | (15,124) |
Total Intangible Assets and Liabilities-Net | 65,543 | 64,074 |
Value of In-Place Leases | ||
Intangible Assets And Liabilities | ||
Sub-total Intangible Lease Assets | 92,331 | 82,740 |
Value of Above Market In-Place Leases | ||
Intangible Assets And Liabilities | ||
Sub-total Intangible Lease Assets | 24,766 | 23,295 |
Value of Intangible Leasing Costs | ||
Intangible Assets And Liabilities | ||
Sub-total Intangible Lease Assets | $ 26,321 | $ 24,051 |