
			Initial cost to company						Gross amount at which carried at close of period
Description	Encumbrances		Land		Building and improvements		Net costs capitalized subsequent to acquisition		Land		Building and improvements		Total(2)		Accumulated depreciation and amortization(1)		Date of construction	Date acquired

SHOPPING CENTERS AND MALLS:
Baltimore (Towson), MD	$	—	$	581	$	3,227	$	21,009	$	581	$	24,236	$	24,817	$	(12,369)	1968	1968
Bensalem, PA	—		2,727		6,698		2,040		2,727		8,738		11,465		(5,368)		1972/ 1999	1972
Bergen Town Center - East, Paramus, NJ	—		6,305		6,824		34,247		4,572		42,804		47,376		(13,427)		1957/ 2009	2003/ 2019
Bergen Town Center - West, Paramus, NJ	287,779		22,930		89,358		456,631		33,990		534,930		568,920		(188,797)		1957/ 2009	2003/ 2020
Brick, NJ	50,000		1,391		11,179		16,484		1,391		27,663		29,054		(17,348)		1968	1968
Brighton Mills - Allston, MA			26,267		21,263		—		26,267		21,263		47,530		(133)		1997/ 2011	2025
Bronx (Bruckner Boulevard), NY	—		66,100		259,503		21,008		35,990		310,621		346,611		(46,889)		N/A	2007
Bronx (Shops at Bruckner), NY	36,848		—		32,979		18,518		—		51,497		51,497		(9,507)		N/A	2017
Bronx (1750-1780 Gun Hill Road), NY	—		6,427		11,885		24,057		6,428		35,941		42,369		(17,784)		2009	2005
Brooklyn (Kingswood Crossing), NY	—		8,150		64,159		6,711		8,150		70,870		79,020		(10,028)		N/A	2020
Broomall, PA	—		850		2,171		11,374		644		13,751		14,395		(3,666)		1966	1966
Buffalo (Amherst), NY	—		5,743		4,056		16,188		5,108		20,879		25,987		(10,327)		1968	1968
Cambridge (leased through 2033)(3), MA	—		—		—		504		—		504		504		(277)		N/A	2007
Carlstadt (leased through 2050)(3), NJ	—		—		16,458		249		—		16,707		16,707		(7,619)		N/A	2007
Charleston (leased through 2063)(3), SC	—		—		3,634		308		—		3,942		3,942		(1,867)		N/A	2006
Cherry Hill (Plaza at Cherry Hill), NJ	—		14,602		33,666		9,534		14,603		43,199		57,802		(9,292)		N/A	2017
Dewitt (leased through 2041)(3), NY	—		—		7,116		—		—		7,116		7,116		(3,695)		N/A	2006
East Brunswick, NJ	63,000		2,417		17,169		10,355		2,417		27,524		29,941		(21,381)		1957/ 1972	1957/ 1972
East Hanover (200 - 240 Route 10 West), NJ	58,935		2,232		18,241		19,808		2,671		37,610		40,281		(26,964)		1962	1962/ 1998
East Rutherford (leased through 2099)(3), NJ	23,000		—		36,727		2,407		—		39,134		39,134		(13,870)		2007	2007
Everett (Gateway Center), MA	—		57,546		36,473		(1,201)		57,546		35,272		92,818		(5,409)		2000	2023
Framingham (Shopper's World), MA	123,600		42,861		198,317		(370)		42,861		197,947		240,808		(14,320)		1951	2023
Freeport (Meadowbrook Commons) (leased through 2040)(3), NY	—		—		—		927		—		927		927		(425)		N/A	2005
Gambrills, MD	55,784		36,722		91,177		(74)		36,722		91,103		127,825		(3,441)		2000	2024
Garfield, NJ	38,134		45		8,068		46,848		44		54,917		54,961		(29,274)		2009	1998
Glenarden, MD (Woodmore Towne Centre)	117,200		28,397		144,834		3,102		28,214		148,119		176,333		(20,692)		N/A	2021


		Initial cost to company			Gross amount at which carried at close of period
Description	Encumbrances	Land	Building and improvements	Net costs capitalized subsequent to acquisition	Land	Building and improvements	Total(2)	Accumulated depreciation and amortization(1)	Date of construction	Date acquired

Hackensack, NJ	66,400	692	10,219	7,758	692	17,977	18,669	(14,465)	1963	1963
Huntington, NY	43,704	21,200	33,667	42,409	21,200	76,076	97,276	(14,626)	N/A	2007
Hyde Park (Shops at Riverwood), MA	20,577	10,867	19,441	293	10,867	19,734	30,601	(2,173)	N/A	2022
Inwood, NY	—	12,419	19,097	4,737	12,419	23,834	36,253	(6,610)	N/A	2004
Jersey City (Hudson Commons), NJ	—	652	7,495	1,546	652	9,041	9,693	(4,971)	1965	1965
Jersey City (Hudson Mall), NJ	—	15,824	37,593	5,875	12,914	46,378	59,292	(9,180)	N/A	2017
Kearny, NJ	—	309	3,376	19,383	296	22,772	23,068	(10,769)	1938	1959
Lancaster, PA	—	3,140	63	2,149	3,140	2,212	5,352	(1,555)	1966	1966
Lodi (Washington Street, NJ)	—	7,606	13,125	(8,718)	3,823	8,190	12,013	(4,226)	N/A	2004
Manalapan, NJ	—	725	7,189	12,646	1,015	19,545	20,560	(10,630)	1971	1971
Manchester, MO	12,500	4,409	13,756	(6,008)	2,858	9,299	12,157	(1,918)	N/A	2017
Marlton, NJ	35,295	1,611	3,464	20,559	1,447	24,187	25,634	(14,640)	1973	1973
Massapequa, (portion leased through 2069)(3), NY	—	45,153	6,226	69,435	2,615	118,199	120,814	(149)	N/A	2020
Middletown, NJ	28,965	283	5,248	2,883	283	8,131	8,414	(7,146)	1963	1963
Millburn, NJ	21,013	15,783	25,837	(2,626)	15,174	23,820	38,994	(5,257)	N/A	2017
Montclair, NJ	7,201	66	419	172	66	591	657	(530)	1972	1972
Montehiedra, Puerto Rico	71,412	9,182	66,751	45,270	8,656	112,547	121,203	(49,687)	1996/ 2015	1997
Morris Plains, NJ	30,000	1,104	6,411	23,614	1,104	30,025	31,129	(14,296)	1961	1985
Mount Kisco, NY	9,631	22,700	26,700	5,265	23,297	31,368	54,665	(13,696)	N/A	2007
New Hyde Park (leased through 2029)(3), NY	—	—	4	—	—	4	4	(4)	1970	1976
Newington, CT	15,505	2,421	1,200	4,012	2,421	5,212	7,633	(2,065)	1965	1965
Norfolk (leased through 2069)(3), VA	—	—	3,927	15	—	3,942	3,942	(3,940)	N/A	2005
North Bergen (Tonnelle Avenue), NJ	93,377	24,978	10,462	58,490	33,988	59,942	93,930	(28,024)	2009	2006
North Plainfield, NJ	—	6,577	13,983	1,266	6,577	15,249	21,826	(7,242)	1955	1989
Paramus (leased through 2033)(3), NJ	—	—	—	12,569	—	12,569	12,569	(8,605)	1957/ 2009	2003
Queens, NY	—	14,537	12,304	5,360	14,537	17,664	32,201	(5,311)	N/A	2015
Rochester (Henrietta) (leased through 2056)(3), NY	—	—	2,647	1,165	—	3,812	3,812	(3,691)	1971	1971
Rockaway, NJ	25,645	559	6,363	5,299	559	11,662	12,221	(8,502)	1964	1964
Rockville, MD	—	3,470	20,599	1,907	3,470	22,506	25,976	(11,368)	N/A	2005
Roxbury Township, NJ	50,000	24,313	56,352	(2,301)	23,815	54,549	78,364	(4,432)	2020	2024
Revere (Wonderland), MA	—	6,323	17,130	604	6,323	17,734	24,057	(5,860)	N/A	2019
Salem (leased through 2102)(3), NH	—	6,083	—	(1,821)	2,994	1,268	4,262	(433)	N/A	2006
Shops at Caguas, Puerto Rico	79,983	15,280	64,370	26,071	15,280	90,441	105,721	(44,623)	1996	2002
South Plainfield (leased through 2039)(3), NJ	—	—	10,044	1,950	—	11,994	11,994	(5,814)	N/A	2007
Staten Island, NY	—	11,446	21,262	6,485	11,446	27,747	39,193	(15,150)	N/A	2004


			Initial cost to company						Gross amount at which carried at close of period
Description	Encumbrances		Land		Building and improvements		Net costs capitalized subsequent to acquisition		Land		Building and improvements		Total(2)		Accumulated depreciation and amortization(1)		Date of construction	Date acquired

Totowa, NJ	50,800		120		11,994		920		86		12,948		13,034		(7,073)		1957/ 1999	1957
Union (Route 22 and Morris Avenue), NJ	—		3,025		7,470		7,851		3,012		15,334		18,346		(8,600)		1962	1962
Walnut Creek (1149 South Main Street), CA	—		2,699		19,930		(1,003)		2,699		18,927		21,626		(6,235)		N/A	2006
Walnut Creek (Mt. Diablo), CA	—		5,909		—		4,074		5,908		4,075		9,983		(425)		N/A	2007
Watchung (Greenbrook Commons), NJ	31,000		4,178		5,463		3,667		4,441		8,867		13,308		(7,286)		1994	1959
Watchung (Heritage Square), NJ	—		7,343		24,643		868		7,343		25,511		32,854		(2,097)		2019	2024
Wheaton (leased through 2060)(3), MD	—		—		5,367		—		—		5,367		5,367		(2,583)		N/A	2006
Wilkes-Barre (461 - 499 Mundy Street), PA	—		6,053		26,646		(11,240)		3,133		18,326		21,459		(2,039)		N/A	2007
Woodbridge (Woodbridge Commons), NJ	22,100		1,509		2,675		6,294		1,539		8,939		10,478		(5,357)		1959	1959
Woodbridge (Plaza at Woodbridge), NJ	—		21,547		75,017		5,926		20,836		81,654		102,490		(18,946)		N/A	2017
Wyomissing (leased through 2065)(3), PA	—		—		2,646		2,181		—		4,827		4,827		(3,228)		N/A	2005
Yonkers, NY	50,000		63,341		110,635		21,994		65,227		130,743		195,970		(30,229)		N/A	2017

TOTAL UE PROPERTIES	$	1,619,388	$	737,729	$	1,964,392	$	1,129,909	$	669,078	$	3,162,953	$	3,832,031	$	(929,855)

Leasehold Improvements, Equipment and Other	—		—		—		13,059		—		13,059		13,059		(5,693)

TOTAL	$	1,619,388	$	737,729	$	1,964,392	$	1,142,968	$	669,078	$	3,176,012	$	3,845,090	$	(935,548)


	Year Ended December 31,
	2025		2024		2023
Real Estate
Balance at beginning of period	$	3,752,279	$	3,586,179	$	3,326,884
Additions during the period:
Land	26,267		68,378		103,466
Buildings & improvements	35,944		187,951		255,463
Construction in progress	93,772		82,599		83,703
	3,908,262		3,925,107		3,769,516
Less: Impairments, assets sold, written-off or reclassified as held for sale	(63,172)		(172,828)		(183,337)
Balance at end of period	$	3,845,090	$	3,752,279	$	3,586,179
Accumulated Depreciation
Balance at beginning of period	$	886,886	$	819,243	$	791,485
Additions charged to operating expenses	108,371		116,140		91,407
	995,257		935,383		882,892
Less: Accumulated depreciation on assets sold, written-off or reclassified as held for sale	(59,709)		(48,497)		(63,649)
Balance at end of period	$	935,548	$	886,886	$	819,243