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Supplemental Schedule of Non-cash Investing / Financing Activities
 6 Months Ended
Jun. 30, 2025
Supplemental Cash Flow Elements [Abstract]  
Supplemental Schedule of Non-Cash Investing / Financing Activities

18. Supplemental Schedule of Non-Cash Investing / Financing Activities

The following schedule summarizes the non-cash investing and financing activities of the Company for the six months ended June 30, 2025 and 2024 (in thousands):

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

Disposition of real estate interests through the issuance of mortgage and other financing
   receivables

 

$

-

 

 

$

175,420

 

Proceeds deposited in escrow through sale of real estate interests

 

$

48,699

 

 

$

-

 

Decrease in other investments through the issuance of mortgage and other financing receivables

 

$

-

 

 

$

50,219

 

Surrender of common stock/units

 

$

11,646

 

 

$

14,695

 

Declaration of dividends/distributions paid in succeeding period

 

$

6,364

 

 

$

6,722

 

Capital expenditures accrual

 

$

45,193

 

 

$

48,868

 

Lease liabilities arising from obtaining operating right-of-use assets

 

$

7,377

 

 

$

-

 

Decrease in redeemable noncontrolling interests’ carrying amount, net

 

$

(555

)

 

$

(959

)

RPT Merger:

 

 

 

 

 

 

Real estate assets, net

 

$

-

 

 

$

1,821,052

 

Investment in real estate joint ventures

 

$

-

 

 

$

433,345

 

Investment in other investments

 

$

-

 

 

$

12,672

 

Other assets and liabilities, net

 

$

-

 

 

$

(3,109

)

Notes payable

 

$

-

 

 

$

(821,500

)

Lease liabilities arising from obtaining operating right-of-use assets

 

$

-

 

 

$

(13,506

)

Noncontrolling interest/Limited members' capital

 

$

-

 

 

$

(20,975

)

Preferred stock/units issued in exchange for RPT preferred shares

 

$

-

 

 

$

(105,607

)

Common stock/units issued in exchange for RPT common shares

 

$

-

 

 

$

(1,166,775

)

 

The following table provides a reconciliation of cash, cash equivalents and restricted cash recorded on the Company’s Condensed Consolidated Balance Sheets to the Company’s Condensed Consolidated Statements of Cash Flows (in thousands):

 

 

As of June 30, 2025

 

 

As of December 31, 2024

 

Cash and cash equivalents

 

$

226,553

 

 

$

688,622

 

Restricted cash

 

 

1,273

 

 

 

1,109

 

Total cash, cash equivalents and restricted cash

 

$

227,826

 

 

$

689,731