v3.25.2
MORTGAGES PAYABLE - Summary of Mortgages Payable (Details) - Mortgages - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
May 03, 2024
Mar. 28, 2024
Fixed rate | The Village at Waugh Chapel        
Debt Instrument [Line Items]        
Debt instrument, unamortized discount $ 4,600      
Fixed rate | Mount Kisco Commons        
Debt Instrument [Line Items]        
Debt instrument, unamortized discount 600      
First Mortgage        
Debt Instrument [Line Items]        
Total mortgages payable 1,526,634 $ 1,583,820    
Total unamortized debt issuance costs (12,397) (14,067)    
Total mortgages payable, net 1,514,237 1,569,753    
First Mortgage | Variable rate        
Debt Instrument [Line Items]        
Total mortgages payable $ 0 50,905    
First Mortgage | Variable rate | The Plaza at Woodbridge        
Debt Instrument [Line Items]        
Effective Interest Rate 0.00%      
Total mortgages payable $ 0 50,905    
First Mortgage | Variable rate | Montclair, NJ        
Debt Instrument [Line Items]        
Interest rate spread on variable rate 2.57%      
First Mortgage | Fixed rate        
Debt Instrument [Line Items]        
Total mortgages payable $ 1,526,634 1,532,915    
First Mortgage | Fixed rate | West End Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.99%      
Total mortgages payable $ 23,470 23,717    
First Mortgage | Fixed rate | Town Brook Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.78%      
Total mortgages payable $ 29,291 29,610    
First Mortgage | Fixed rate | Rockaway River Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.78%      
Total mortgages payable $ 25,933 26,215    
First Mortgage | Fixed rate | Hanover Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.03%      
Total mortgages payable $ 59,551 60,155    
First Mortgage | Fixed rate | Tonnelle Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.18%      
Total mortgages payable $ 94,342 95,286    
First Mortgage | Fixed rate | Manchester Plaza        
Debt Instrument [Line Items]        
Effective Interest Rate 4.32%      
Total mortgages payable $ 12,500 12,500    
First Mortgage | Fixed rate | Millburn Gateway Center        
Debt Instrument [Line Items]        
Effective Interest Rate 3.97%      
Total mortgages payable $ 21,270 21,525    
First Mortgage | Fixed rate | Totowa Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.33%      
Total mortgages payable $ 50,800 50,800    
First Mortgage | Fixed rate | Woodbridge Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.36%      
Total mortgages payable $ 22,100 22,100    
First Mortgage | Fixed rate | Brunswick Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.38%      
Total mortgages payable $ 63,000 63,000    
First Mortgage | Fixed rate | Rutherford Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.49%      
Total mortgages payable $ 23,000 23,000    
First Mortgage | Fixed rate | Hackensack Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.36%      
Total mortgages payable $ 66,400 66,400    
First Mortgage | Fixed rate | Marlton Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 3.86%      
Total mortgages payable $ 35,663 36,024    
First Mortgage | Fixed rate | Yonkers Gateway Center        
Debt Instrument [Line Items]        
Effective Interest Rate       6.30%
Total mortgages payable   50,000   $ 50,000
First Mortgage | Fixed rate | Ledgewood Commons        
Debt Instrument [Line Items]        
Effective Interest Rate     6.03%  
Total mortgages payable   50,000 $ 50,000  
First Mortgage | Fixed rate | The Shops at Riverwood        
Debt Instrument [Line Items]        
Effective Interest Rate 4.25%      
Total mortgages payable $ 20,769 20,958    
First Mortgage | Fixed rate | Shops at Bruckner        
Debt Instrument [Line Items]        
Effective Interest Rate 6.00%      
Total mortgages payable $ 37,100 37,350    
First Mortgage | Fixed rate | Greenbrook Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.03%      
Total mortgages payable $ 31,000 31,000    
First Mortgage | Fixed rate | Huntington Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.29%      
Total mortgages payable $ 43,704 43,704    
First Mortgage | Fixed rate | Bergen Town Center        
Debt Instrument [Line Items]        
Effective Interest Rate 6.30%      
Total mortgages payable $ 289,454 290,000    
First Mortgage | Fixed rate | The Outlets at Montehiedra | Senior Loan        
Debt Instrument [Line Items]        
Effective Interest Rate 5.00%      
Total mortgages payable $ 72,507 $ 73,551    
First Mortgage | Fixed rate | Montclair, NJ        
Debt Instrument [Line Items]        
Effective Interest Rate 3.15% 3.15%    
Total mortgages payable $ 7,250 $ 7,250    
First Mortgage | Fixed rate | Garfield Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 4.14%      
Total mortgages payable $ 38,513 38,886    
First Mortgage | Fixed rate | The Village at Waugh Chapel        
Debt Instrument [Line Items]        
Effective Interest Rate 3.76%      
Total mortgages payable $ 55,427 55,071    
First Mortgage | Fixed rate | Brick Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 5.20%      
Total mortgages payable $ 50,000 50,000    
First Mortgage | Fixed rate | Woodmore Towne Centre        
Debt Instrument [Line Items]        
Effective Interest Rate 3.39%      
Total mortgages payable $ 117,200 117,200    
First Mortgage | Fixed rate | Newington Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.00%      
Total mortgages payable $ 15,613 15,719    
First Mortgage | Fixed rate | Shops At Caguas        
Debt Instrument [Line Items]        
Effective Interest Rate 6.60%      
Total mortgages payable $ 80,760 81,504    
First Mortgage | Fixed rate | Briarcliff Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 5.47%      
Total mortgages payable $ 30,000 30,000    
First Mortgage | Fixed rate | Mount Kisco Commons        
Debt Instrument [Line Items]        
Effective Interest Rate 6.40%      
Total mortgages payable $ 10,017 $ 10,390