Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Information

Schedule of property operating revenues, expenses and NOI by product type

	For the three months ended September 30,
	Retail center properties				Flex center properties					STNL properties			Total
	2024		2023		2024		2023		2024		2023		2024		2023
	(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)
Revenues	$	1,565,896	$	1,874,188	$	676,754	$	658,246	$	94,275	$	56,306	$	2,336,925	$	2,588,740
Operating expenses		374,016		459,132		162,800		180,164		8,188		7,696		545,004		646,992
Bad debt expense		15,423		2,083		—		3,586		—		—		15,423		5,669
Net operating income	$	1,176,457	$	1,412,973	$	513,954	$	474,496	$	86,087	$	48,610	$	1,776,498	$	1,936,079

	For the nine months ended September 30,
	Retail center properties				Flex center properties					STNL properties			Total
	2024		2023		2024		2023		2024		2023		2024		2023
	(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)		(unaudited)
Revenues	$	4,955,305	$	5,557,045	$	2,008,056	$	1,839,675	$	246,359	$	168,897	$	7,209,720	$	7,565,617
Operating expenses		1,193,838		1,489,602		491,586		535,065		23,697		23,174		1,709,121		2,047,841
Bad debt expense		29,087		18,578		8,556		31,290		—		—		37,643		49,868
Net operating income	$	3,732,380	$	4,048,865	$	1,507,914	$	1,273,320	$	222,662	$	145,723	$	5,462,956	$	5,467,908