v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Land $ 802,068 $ 759,267
Buildings 1,389,994 1,304,288
Fixtures and tenant improvements 111,983 107,013
Total real estate rental property 2,304,045 2,170,568
Less: Accumulated depreciation (223,132) (209,429)
Real estate rental property, net 2,080,913 1,961,139
Construction in progress and land 34,914 27,355
Total real estate assets, net 2,115,827 1,988,494
Cash and cash equivalents 305,778 289,553
Accounts receivable, net 24,156 22,514
Amounts receivable from SITE Centers 15,930 21,457
Intangible assets, net 140,022 137,513
Other assets 19,386 10,259
Total assets 2,621,099 2,469,790
Indebtedness:    
Senior notes, net 347,153 175,086
Term loans, net 248,350 248,153
Revolving credit facility 0 0
Total indebtedness 595,503 423,239
Below-market leases, net 67,689 66,698
Dividends payable 18,922 20,872
Accounts payable and other liabilities 39,718 45,511
Total liabilities 721,832 556,320
Commitments and contingencies (Note 7)
Equity    
Preferred Stock, par value $0.01 per share; 100,000,000 authorized; 0 shares outstanding at March 31, 2026 and December 31, 2025 0 0
Common Stock, par value $0.01 per share; 400,000,000 shares authorized; 105,538,374 and 105,368,120 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 1,055 1,054
Additional paid-in-capital 1,956,479 1,958,845
Accumulated distributions in excess of net income (60,514) (46,100)
Accumulated other comprehensive loss (2,841) (4,606)
Total stockholders' equity 1,894,179 1,909,193
Non-controlling interests 5,088 4,277
Total equity 1,899,267 1,913,470
Total liabilities and equity $ 2,621,099 $ 2,469,790