SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Summary of Properties Owned

A summary of the properties owned by us is as follows:

Office
La Jolla Commons	One Beach Street	Corporate Campus East III
Torrey Reserve Campus	First & Main	Bel-Spring 520
Torrey Point	Lloyd Portfolio
Solana Crossing	City Center Bellevue
The Landmark at One Market	Eastgate Office Park
Retail
Carmel Country Plaza	Gateway Marketplace	Alamo Quarry Market
Carmel Mountain Plaza	Del Monte Center	Hassalo on Eighth - Retail
South Bay Marketplace	Geary Marketplace
Lomas Santa Fe Plaza	The Shops at Kalakaua
Solana Beach Towne Centre	Waikele Center
Multifamily
Loma Palisades	Hassalo on Eighth - Residential
Imperial Beach Gardens
Mariner's Point
Santa Fe Park RV Resort
Pacific Ridge Apartments
Mixed-Use
Waikiki Beach Walk Retail and Embassy Suites™ Hotel
Held for Development and/or Construction in Progress
La Jolla Commons – Land
Solana Crossing – Land
Lloyd Portfolio – Construction in Progress

Summary of Consolidated Statements of Cash Flows - Supplemental Disclosures

The following table provides supplemental disclosures related to the Consolidated Statements of Cash Flows (in thousands): 

	Six Months Ended June 30,
	2024		2023
Supplemental cash flow information
Total interest costs incurred	$	36,706	$	35,863
Interest capitalized	$	4,162	$	3,766
Interest expense, net	$	32,544	$	32,097
Cash paid for interest, net of amounts capitalized	$	31,381	$	30,458
Cash paid for income taxes	$	763	$	779
Supplemental schedule of noncash investing and financing activities
Accounts payable and accrued liabilities for construction in progress	$	21,954	$	17,223
Accrued leasing commissions	$	2,342	$	1,297