v3.26.3
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Urban Edge Properties LP
Urban Edge Properties LP
Accumulated Earnings (Deficit)
Urban Edge Properties LP
NCI in Consolidated Subsidiaries
Urban Edge Properties LP
General Partner
Urban Edge Properties LP
Limited Partners
Common Shares
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Urban Edge Properties LP
Accumulated Earnings (Deficit)
Accumulated Earnings (Deficit)
Urban Edge Properties LP
Operating Partnership
NCI in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2024             125,450,684              
Beginning balance (in shares) at Dec. 31, 2024         125,450,684 6,386,837                
Beginning balance at Dec. 31, 2024 $ 1,361,724 $ 1,361,724 $ 132,273 $ 18,574 $ 1,151,234 $ 59,466 [1] $ 1,253 $ 1,149,981 $ 177 $ 177 $ 126,670   $ 65,069 $ 18,574
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) attributable to common shareholders/unitholders 81,111 85,437 85,437               81,111      
Net income (loss) attributable to NCI 3,605 (721)   (721)                 4,326 (721)
Other comprehensive income (964) (964)             (915) (915)   $ (49) (49)  
Common units issued as a result of common shares issued by Urban Edge (in shares)         22,410 734,493                
Common units issued as a result of common shares issued by Urban Edge, net   5,059 (73)   $ 5,132                  
Units redeemed for common shares (in shares)         352,346 (352,346) 352,346              
Units redeemed for common shares 7,048 7,048     $ 3,524 $ 3,524 [1] $ 3 3,521         3,524  
Reallocation of noncontrolling interests (7,048) (7,048)     3,688 (10,736) [1]   3,688         (10,736)  
Common shares issued (in shares)             22,410              
Adjustments to Additional Paid in Capital, Common Shares Issued 5,059             5,132     (73)      
Dividends to common shareholders (71,641)                   (71,641)      
Distributions to redeemable NCI (4,122)                       (4,122)  
Contributions from noncontrolling interests 716 716   716                   716
Distributions to Partners   (75,763) (75,763)                      
Share-based compensation expense 8,999 8,999     423 8,576 [1]   423         8,576  
Issuance of LTIP Units 1,387 1,387     $ (1,819) $ 3,206 [2]   (1,819)         3,206  
Share-based awards retained for taxes (in shares)         (11,766)   (11,766)              
Share-based awards retained for taxes (273) (273)     $ (273)     (273)            
Ending balance (in shares) at Sep. 30, 2025             125,813,674              
Ending balance (in shares) at Sep. 30, 2025         125,813,674 6,768,984                
Ending balance at Sep. 30, 2025 1,385,601 1,385,601 141,825 18,569 $ 1,161,909 $ 64,036 [1],[3] $ 1,256 1,160,653 (738) (738) 136,067   69,794 18,569
Beginning balance (in shares) at Jun. 30, 2025             125,791,099              
Beginning balance (in shares) at Jun. 30, 2025         125,791,099 6,610,906                
Beginning balance at Jun. 30, 2025 1,392,604 1,392,604 151,224 18,287 $ 1,160,844 $ 62,439 [3] $ 1,256 1,159,588 (190) (190) 145,043   68,620 18,287
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) attributable to common shareholders/unitholders 14,935 15,771 15,771               14,935      
Net income (loss) attributable to NCI 606 (230)   (230)                 836 (230)
Other comprehensive income (578) (578)             (548) (548)   (30) (30)  
Common units issued as a result of common shares issued by Urban Edge (in shares)         1,157 179,496                
Common units issued as a result of common shares issued by Urban Edge, net   (426) (25)   $ (401)                  
Units redeemed for common shares (in shares)         21,418 (21,418) 21,418              
Units redeemed for common shares 454 454     $ 227 $ 227 [3]   227         227  
Reallocation of noncontrolling interests (454) (454)     1,459 (1,913) [3]   1,459         (1,913)  
Common shares issued (in shares)             1,157              
Adjustments to Additional Paid in Capital, Common Shares Issued (426)             (401)     (25)      
Dividends to common shareholders (23,886)                   (23,886)      
Distributions to redeemable NCI (1,229)                       (1,229)  
Contributions from noncontrolling interests 512 512                       512
Distributions to Partners   (25,115) (25,115)                      
Share-based compensation expense 2,726 2,726     185 2,541 [3]   185         2,541  
Issuance of LTIP Units 337 337     $ (405) $ 742 [3]   (405)         742  
Ending balance (in shares) at Sep. 30, 2025             125,813,674              
Ending balance (in shares) at Sep. 30, 2025         125,813,674 6,768,984                
Ending balance at Sep. 30, 2025 $ 1,385,601 $ 1,385,601 141,825 18,569 $ 1,161,909 $ 64,036 [1],[3] $ 1,256 1,160,653 (738) (738) 136,067   69,794 18,569
Beginning balance (in shares) at Dec. 31, 2025 125,912,647 125,912,647         125,912,647              
Beginning balance (in shares) at Dec. 31, 2025         125,912,647 6,753,481                
Beginning balance at Dec. 31, 2025 $ 1,376,472 $ 1,376,472 129,781 18,273 $ 1,165,196 $ 63,925 [2] $ 1,257 1,163,939 (703) (703) 124,566   69,140 18,273
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) attributable to common shareholders/unitholders 92,007 96,710 96,710               92,007      
Net income (loss) attributable to NCI 3,988 (715)   (715)                 4,703 (715)
Other comprehensive income 7,956 7,956             7,533 7,533   423 423  
Common units issued as a result of common shares issued by Urban Edge (in shares)         45,174 597,797                
Common units issued as a result of common shares issued by Urban Edge, net   3,741 (77)   $ 3,818                  
Units redeemed for common shares (in shares)         313,454 (313,454) 313,454              
Units redeemed for common shares 0 0     $ 3,281 $ (3,281) [2] $ 3 3,278         (3,281)  
Reallocation of noncontrolling interests 0 0     4,204 (4,204) [2]   4,204         (4,204)  
Common shares issued (in shares)             45,174              
Adjustments to Additional Paid in Capital, Common Shares Issued 3,741           $ 1 3,817     (77)      
Dividends to common shareholders (79,418)                   (79,418)      
Distributions to redeemable NCI (5,237)                       (5,237)  
Contributions from noncontrolling interests 1,516 1,516   1,516                   1,516
Distributions to Partners   (84,655) (84,655)                      
Share-based compensation expense 9,495 9,495     633 8,862 [2]   633         8,862  
Issuance of LTIP Units 998 998     $ (2,099) $ 3,097 [2]   (2,099)         3,097  
Share-based awards retained for taxes (in shares)         (11,520)   (11,520)              
Share-based awards retained for taxes $ (281) $ (281)     $ (281)     (281)            
Ending balance (in shares) at Sep. 30, 2026 125,912,647 126,259,755         126,259,755              
Ending balance (in shares) at Sep. 30, 2026         126,259,755 7,037,824                
Ending balance at Sep. 30, 2026 $ 1,411,237 $ 1,411,237 142,182 19,074 $ 1,174,752 $ 68,399 [4] $ 1,261 1,173,491 6,830 6,830 137,078   73,503 19,074
Beginning balance (in shares) at Jun. 30, 2026             126,224,466              
Beginning balance (in shares) at Jun. 30, 2026         126,224,466 7,272,372                
Beginning balance at Jun. 30, 2026 1,377,376 1,377,376 115,993 19,309 $ 1,169,790 $ 70,148 [4] $ 1,261 1,168,529 2,136 2,136 112,159   73,982 19,309
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income (loss) attributable to common shareholders/unitholders 51,440 54,036 54,036               51,440      
Net income (loss) attributable to NCI 2,361 (235)   (235)                 2,596 (235)
Other comprehensive income 4,955 4,955             4,694 4,694   $ 261 261  
Common units issued as a result of common shares issued by Urban Edge (in shares)         1,289 (200,548)                
Common units issued as a result of common shares issued by Urban Edge, net   (76) (25)   $ (51)                  
Units redeemed for common shares (in shares)         34,000 (34,000) 34,000              
Units redeemed for common shares 0 0     $ 351 $ (351) [4] $ 0 351         (351)  
Reallocation of noncontrolling interests 0 0     5,155 (5,155) [4]   5,155         (5,155)  
Common shares issued (in shares)             1,289              
Adjustments to Additional Paid in Capital, Common Shares Issued (76)           $ 0 (51)     (25)      
Dividends to common shareholders (26,496)                   (26,496)      
Distributions to redeemable NCI (1,587)                       (1,587)  
Distributions to Partners   (28,083) (28,083)                      
Share-based compensation expense 2,931 2,931     237 2,694 [4]   237         2,694  
Issuance of LTIP Units $ 333 $ 333     $ (730) $ 1,063 [4]   (730)         1,063  
Ending balance (in shares) at Sep. 30, 2026 125,912,647 126,259,755         126,259,755              
Ending balance (in shares) at Sep. 30, 2026         126,259,755 7,037,824                
Ending balance at Sep. 30, 2026 $ 1,411,237 $ 1,411,237 $ 142,182 $ 19,074 $ 1,174,752 $ 68,399 [4] $ 1,261 $ 1,173,491 $ 6,830 $ 6,830 $ 137,078   $ 73,503 $ 19,074
[1] Limited partners had a 5.1% common limited partnership interest in the Operating Partnership as of September 30, 2025 in the form of OP Units and LTIP Units.
[2] Limited partners had a 5.3% common limited partnership interest in the Operating Partnership as of September 30, 2026 in the form of OP Units and LTIP Units.
[3] Limited partners had a 5.1% common limited partnership interest in the Operating Partnership as of September 30, 2025 in the form of Operating Partnership Units (“OP Units”) and Long-Term Incentive Plan Units (“LTIP Units”).
[4] Limited partners had a 5.3% common limited partnership interest in the Operating Partnership as of September 30, 2026 in the form of OP Units and LTIP Units.