Property Dispositions and Assets Held for Sale (Tables)

3 Months Ended

Mar. 31, 2024

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 periods set forth below:

	Three months ended March 31,
(in thousands, except number sold data)	2024		2023
Net proceeds from sale of real estate investments	$	30,033		2,923
Gain on sale of real estate, net of tax		11,403		250
Number of operating properties sold		1		—
Number of land parcels sold		—		1
Percent interest sold	100%		100%

Schedule of Properties Held for Sale

The following table presents the assets associated with the properties classified as held for sale:

(in thousands)	March 31, 2024			December 31, 2023
Land and improvements	$	27,003			9,120
Buildings and improvements		9,425			12,551
Less: accumulated depreciation		(2,928	)		(3,461	)
Real estate, net		33,500			18,210
Other assets, net		72			668
Assets associated with real estate assets held for sale	$	33,572			18,878