Property Dispositions and Assets Held for Sale (Tables)

3 Months Ended

Mar. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Properties Disposed of

The following table provides a summary of consolidated shopping centers and land parcels sold during the comparative period:

	Three months ended March 31,
(in thousands, except number sold data)	2024
Net proceeds from sale of real estate investments	$	30,033
Gain on sale of real estate, net of tax		11,403
Number of operating properties sold		1
Percent interest sold	100%

Schedule of Properties Classified as Held for Sale

The following table presents the assets associated with the properties classified as held for sale as of March 31, 2025:

(in thousands)	March 31, 2025
Land and improvements	$	12,345
Buildings and improvements		4,858
Less: accumulated depreciation		(983	)
Assets associated with real estate assets held for sale	$	16,220