v3.25.2
Real Estate (Intangible Assets and Liabilities) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Intangible lease liabilities (included in other liabilities):          
Below-market in-place leases $ 36,488,000   $ 36,488,000   $ 39,869,000
Less: accumulated amortization (27,694,000)   (27,694,000)   (28,946,000)
Below-market in-place leases, net 8,794,000   8,794,000   10,923,000
Above-market in-place leases, net          
Intangible lease assets (included in other assets):          
Leases 14,350,000   14,350,000   14,753,000
Less: accumulated amortization (10,961,000)   (10,961,000)   (12,159,000)
Leases, net 3,389,000   3,389,000   2,594,000
In-place leases ,net          
Intangible lease assets (included in other assets):          
Leases 114,383,000   114,383,000   116,549,000
Less: accumulated amortization (81,539,000)   (81,539,000)   (85,741,000)
Leases, net 32,844,000   32,844,000   $ 30,808,000
Intangible lease liabilities (included in other liabilities):          
Amortization expense, in-place leases 3,879,000 $ 1,583,000 5,267,000 $ 3,230,000  
Above-market and below-market in-place leases          
Intangible lease liabilities (included in other liabilities):          
Amortization expense, above- and below-market leases $ 1,620,000 $ 125,000 $ 1,713,000 $ 242,000