v3.26.1
LEASE INTANGIBLES (Tables)
3 Months Ended
Mar. 31, 2026
LEASE INTANGIBLES  
Schedule of intangible assets and liabilities and accumulated amortization

Lease

Accumulated

Lease

As of March 31, 2026

  ​ ​ ​

Intangibles

  ​ ​ ​

Amortization

  ​ ​ ​

Intangibles, net

Lease Intangible Assets

(in thousands)

In-place leases

$

16,274

$

(14,815)

$

1,459

Above-market leases

1,378

(1,094)

284

$

17,652

$

(15,909)

$

1,743

Lease Intangible Liabilities

Below-market leases

$

(1,309)

$

1,165

$

(144)

Lease

Accumulated

Lease

As of December 31, 2025

  ​ ​ ​

Intangibles

  ​ ​ ​

Amortization

  ​ ​ ​

Intangibles, net

Lease Intangible Assets

(in thousands)

In-place leases

$

16,744

$

(15,051)

$

1,693

Above-market leases

1,377

(1,072)

305

$

18,121

$

(16,123)

$

1,998

Lease Intangible Liabilities

Below-market leases

$

(2,107)

$

1,930

$

(177)

Schedule of estimated aggregate amortization of lease intangible assets and liabilities

Intangible

Intangible

Years ending December 31,

  ​ ​ ​

Assets

  ​ ​ ​

Liabilities

(in thousands)

2026 (April - December)

$

540

$

44

2027

375

38

2028

308

19

2029

207

17

2030

101

12

Thereafter

212

14

$

1,743

$

144