v3.25.2
DISPOSITIONS AND IMPAIRMENT CHARGES (Tables)
 6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Property Dispositions
The Company closed on the following dispositions during the six months ended June 30, 2025 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage		Sales PriceGain (Loss)
April 4, 2025Stoney Creek CommonsIndianapolisMulti-tenant retail84,094 $9,500 $4,802 
June 25, 2025Fullerton MetrocenterLos AngelesMulti-tenant retail241,027 118,500 20,295 
June 27, 2025
Denton Crossing(1)
Dallas/Ft. WorthMulti-tenant retail343,345 81,593 35,636 
June 27, 2025
Parkway Towne Crossing(1)
Dallas/Ft. WorthMulti-tenant retail180,736 57,653 18,133 
June 27, 2025
The Landing at Tradition(1)
Port St. Lucie, FLMulti-tenant retail397,199 93,754 23,710 
1,246,401 $361,000 $102,576 
(1)The Company has retained a 52% noncontrolling interest in this property.
The Company closed on the following disposition during the six months ended June 30, 2024 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage		Sales PriceGain (Loss)
May 31, 2024Ashland & RooseveltChicagoMulti-tenant retail104,176 $30,600 $(1,230)
The following table presents the assets and liabilities associated with Humblewood Shopping Center and City Center, the investment properties classified as held for sale as of June 30, 2025. In addition, City Center was classified as held for sale as of December 31, 2024 (in thousands):
June 30, 2025December 31, 2024
Assets
Net investment properties$81,841 $68,991 
Tenant and other receivables2,471 1,760 
Restricted cash and escrow deposits225 225 
Deferred costs, net3,071 2,634 
Prepaid and other assets300 181 
Assets associated with investment properties held for sale$87,908 $73,791 
Liabilities
Accounts payable and accrued expenses$868 $544 
Deferred revenue and other liabilities4,081 3,465 
Liabilities associated with investment properties held for sale$4,949 $4,009