Real Estate (Tables)

12 Months Ended

Dec. 31, 2024

Real Estate [Abstract]

Schedule of Construction in Progress

The following table shows the components of construction in progress.

(In thousands)	December 31, 2024		December 31, 2023
Hampden House (1)	$	217,537	$	142,240
Twinbrook Quarter Phase I - Retail/Residential (2)	9,664		248,913
Twinbrook Quarter - Other (3)	84,662		106,200
Other	14,330		17,200
Total	$	326,193	$	514,553
(1)Includes capitalized interest of $20.8 million and $14.1 million, as of December 31, 2024 and December 31, 2023, respectively. (2)Includes capitalized interest of $0.6 million and $18.8 million, as of December 31, 2024 and December 31, 2023, respectively. (3)Other includes infrastructure and site work necessary to support current and future development phases, and includes capitalized interest of $5.4 million and $6.7 million, as of December 31, 2024 and December 31, 2023, respectively.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of December 31, 2024, scheduled amortization of intangible assets and deferred income related to in place leases is as follows:

(In thousands)	Lease acquisition costs		Above market leases		Below market leases
2025	$	146	$	33	$	601
2026	123		33		508
2027	119		33		507
2028	117		33		507
2029	103		33		226
Thereafter	372		178		1,504
Total	$	980	$	343	$	3,853