CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Real estate, at cost:
Land	$ 527,480	$ 515,621
Buildings and improvements	2,325,299	2,197,076
Construction in progress	42,019	28,522
Furniture, fixtures and equipment	7,174	7,566
Total	2,901,972	2,748,785
Accumulated depreciation and amortization	(700,362)	(671,946)
Real estate, net	2,201,610	2,076,839
Right-of-use assets	77,957	81,768
Cash and cash equivalents	615,579	432,954
Restricted cash	24,256	52,182
Tenant and other receivables	28,410	21,565
Receivable arising from the straight-lining of rents	68,410	73,878
Identified intangible assets, net of accumulated amortization of $32,755 and $30,942, respectively	57,332	48,121
Deferred leasing costs, net of accumulated amortization of $16,478 and $16,560, respectively	20,162	21,474
Deferred financing costs, net of accumulated amortization of $4,262 and $3,765, respectively	3,903	3,877
Prepaid expenses and other assets	27,488	33,700
Total assets	3,125,107	2,846,358
Liabilities:
Mortgages payable, net	1,584,724	1,546,195
Unsecured credit facility borrowings	250,000	0
Lease liabilities	76,528	79,913
Accounts payable, accrued expenses and other liabilities	58,374	76,644
Identified intangible liabilities, net of accumulated amortization of $67,446 and $62,610, respectively	128,371	128,830
Total liabilities	2,097,997	1,831,582
Commitments and contingencies
Shareholders’ equity:
Common shares: $0.01 par value; 500,000,000 shares authorized and 116,701,311 and 121,370,125 shares issued and outstanding, respectively	1,166	1,213
Additional paid-in capital	984,933	1,019,149
Accumulated earnings (deficit)	1,012	(52,546)
Noncontrolling interests:
Operating partnership	39,575	46,536
Partners’ capital:
Consolidated subsidiaries	424	424
Total equity	1,027,110	1,014,776
Total liabilities and equity	3,125,107	2,846,358
Urban Edge Properties LP
Real estate, at cost:
Land	527,480	515,621
Buildings and improvements	2,325,299	2,197,076
Construction in progress	42,019	28,522
Furniture, fixtures and equipment	7,174	7,566
Total	2,901,972	2,748,785
Accumulated depreciation and amortization	(700,362)	(671,946)
Real estate, net	2,201,610	2,076,839
Right-of-use assets	77,957	81,768
Cash and cash equivalents	615,579	432,954
Restricted cash	24,256	52,182
Tenant and other receivables	28,410	21,565
Receivable arising from the straight-lining of rents	68,410	73,878
Identified intangible assets, net of accumulated amortization of $32,755 and $30,942, respectively	57,332	48,121
Deferred leasing costs, net of accumulated amortization of $16,478 and $16,560, respectively	20,162	21,474
Deferred financing costs, net of accumulated amortization of $4,262 and $3,765, respectively	3,903	3,877
Prepaid expenses and other assets	27,488	33,700
Total assets	3,125,107	2,846,358
Liabilities:
Mortgages payable, net	1,584,724	1,546,195
Unsecured credit facility borrowings	250,000	0
Lease liabilities	76,528	79,913
Accounts payable, accrued expenses and other liabilities	58,374	76,644
Identified intangible liabilities, net of accumulated amortization of $67,446 and $62,610, respectively	128,371	128,830
Total liabilities	2,097,997	1,831,582
Commitments and contingencies
Shareholders’ equity:
Accumulated earnings (deficit)	(324)	(56,166)
Partners’ capital:
General partner: 116,701,311 and 121,370,125 units outstanding, respectively	986,099	1,020,362
Limited partners: 4,676,787 and 5,833,318 units outstanding, respectively	40,911	50,156
Total partners’ capital	1,026,686	1,014,352
Consolidated subsidiaries	424	424
Total equity	1,027,110	1,014,776
Total liabilities and equity	$ 3,125,107	$ 2,846,358