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RPT Merger - Additional Information (Details)
$ in Thousands
12 Months Ended
Jan. 02, 2024
USD ($)
ft²
Property
shares
Dec. 31, 2024
USD ($)
Property
Dec. 31, 2023
USD ($)
ft²
Dec. 31, 2022
USD ($)
Business Acquisition [Line Items]        
Gross leasable area (square foot) | ft²     1,145  
Business combination, transaction costs   $ 25,246 $ 4,766 $ 0
Class N Preferred Stock [Member]        
Business Acquisition [Line Items]        
Percentage of preferred stock dividend [1]   7.25%    
RPT [Member]        
Business Acquisition [Line Items]        
Number of properties acquired | Property 56      
Gross leasable area (square foot) | ft² 13,300,000      
Common stock converted, shares issued | shares 0.6049      
Business combination, fair value of assets acquired and liabilities assumed $ 1,400,000 $ 1,442,460    
Business combination, transaction costs 19,100 25,200 4,800  
Proforma net income [2]   444,700 654,100  
Payments to acquire businesses, fractional shares $ 100      
Business combination, pro forma information, revenues   178,600    
Business combination, pro forma information, net income   13,400    
RPT [Member] | Merger Charges        
Business Acquisition [Line Items]        
Proforma net income   $ 25,200 $ 25,200  
RPT [Member] | Series D Cumulative Convertible Perpetual Preferred Shares [Member]        
Business Acquisition [Line Items]        
Percentage of preferred stock dividend 7.25%      
RPT [Member] | Class N Preferred Stock [Member]        
Business Acquisition [Line Items]        
Preferred share conversion right to receive, shares | shares 0.001      
RPT [Member] | Consolidated Properties [Member]        
Business Acquisition [Line Items]        
Number of properties acquired | Property 13      
RPT [Member] | Wholly Owned Properties [Member]        
Business Acquisition [Line Items]        
Number of properties acquired | Property 43      
RPT [Member] | Line of Credit [Member]        
Business Acquisition [Line Items]        
Repayments of long-term debt $ 130,000      
RPT [Member] | Property Net Lease Joint Venture [Member]        
Business Acquisition [Line Items]        
Number of properties acquired | Property 49 49    
Percentage of voting interests acquired 6.00%      
RPT [Member] | Measurement Input, Cap Rate [Member] | Minimum [Member] | Valuation, Income Approach [Member]        
Business Acquisition [Line Items]        
Real Estate, Measurement Input 0.055      
RPT [Member] | Measurement Input, Cap Rate [Member] | Minimum [Member] | Valuation Technique, Discounted Cash Flow [Member]        
Business Acquisition [Line Items]        
Real Estate, Measurement Input 0.055      
RPT [Member] | Measurement Input, Cap Rate [Member] | Maximum [Member] | Valuation, Income Approach [Member]        
Business Acquisition [Line Items]        
Real Estate, Measurement Input 0.075      
RPT [Member] | Measurement Input, Cap Rate [Member] | Maximum [Member] | Valuation Technique, Discounted Cash Flow [Member]        
Business Acquisition [Line Items]        
Real Estate, Measurement Input 0.075      
RPT [Member] | Measurement Input, Discount Rate [Member] | Minimum [Member] | Valuation Technique, Discounted Cash Flow [Member]        
Business Acquisition [Line Items]        
Real Estate, Measurement Input 0.06      
RPT [Member] | Measurement Input, Discount Rate [Member] | Maximum [Member] | Valuation Technique, Discounted Cash Flow [Member]        
Business Acquisition [Line Items]        
Real Estate, Measurement Input 0.0825      
[1] In connection with the RPT Merger, the Company issued 1,849 shares of Class N Preferred Stock with a par value of $1.00 per share, represented by 1,848,539 depositary shares, which had a fair market value of $105.6 million. The Class N Preferred Stock depositary shares are convertible by the holders at an exchange ratio of 2.3071 into the Company’s common shares or under certain circumstances by the Company’s election. As of December 31, 2024, the Class N Preferred Stock was potentially convertible into 3.3 million shares of common stock.
[2] The pro forma net income for the year ended December 31, 2024 was adjusted to exclude $25.2 million of Merger charges, while the pro forma net income for the year ended December 31, 2023 was adjusted to include $25.2 million of Merger charges incurred.