v3.25.2
Subsequent Events - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Jul. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Subsequent Event [Line Items]        
Non-recourse, secured loan     $ 1,374,192 $ 1,403,798
Loan, fixed interest rate     7.3975%  
Non-recourse open-air centers and outparcels loan     $ 864,270 928,106
Non-recourse loan amount     2,139,776 2,212,680
Non-Recourse, Secured Term Loan        
Subsequent Event [Line Items]        
Non-recourse, secured loan     665,812 725,495
Non-Recourse Open-Air Centers and Outparcels Loan        
Subsequent Event [Line Items]        
Non-recourse open-air centers and outparcels loan [1]     166,478 $ 170,031
Non-recourse loan amount     $ 332,956  
Subsequent Event        
Subsequent Event [Line Items]        
Annualized rate per share   $ 1.8    
Subsequent Event | The Promenade        
Subsequent Event [Line Items]        
Proceeds from sale of real estate $ 83,100      
Subsequent Event | Non-Recourse, Secured Term Loan        
Subsequent Event [Line Items]        
Non-recourse, secured loan $ 78,000      
Loan, fixed interest rate 6.856%      
Debt instrument, term 5 years      
Subsequent Event | Non-Recourse Open-Air Centers and Outparcels Loan        
Subsequent Event [Line Items]        
Debt instrument, maturity date Jun. 30, 2027      
Loan, fixed interest rate 7.70%      
Non-recourse open-air centers and outparcels loan $ 442,956      
Principal balance increased $ 110,000      
Initial maturity period Oct. 31, 2030      
Final maturity period Oct. 31, 2032      
Principal balance $ 368,000      
Loan, basis spread rate 410.00%      
Remaining balance $ 75,000      
Option extension term of debt instrument 2 years      
Subsequent Event | U.S Treasury Securities        
Subsequent Event [Line Items]        
U.S. treasury securities redeemed $ 27,654      
Purchases of U.S. treasury securities $ 97,652      
[1] The Operating Partnership has an interest rate swap on a notional amount of $32,000 related to the variable portion of the loan to effectively fix the interest rate at 7.3975%. Subsequent to June 30, 2025, the Company completed a modification and extension of the existing loan. See Note 15 for more information.