SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

Summary of Properties Owned

A summary of the properties owned by us is as follows:

Retail
Carmel Country Plaza	Gateway Marketplace	Alamo Quarry Market
Carmel Mountain Plaza	Del Monte Center	Hassalo on Eighth - Retail
South Bay Marketplace	Geary Marketplace
Lomas Santa Fe Plaza	The Shops at Kalakaua
Solana Beach Towne Centre	Waikele Center
Office
La Jolla Commons	One Beach Street	Corporate Campus East III
Torrey Reserve Campus	First & Main	Bel-Spring 520
Torrey Point	Lloyd Portfolio
Solana Crossing	City Center Bellevue
The Landmark at One Market	Eastgate Office Park
Multifamily
Loma Palisades	Hassalo on Eighth - Residential
Imperial Beach Gardens
Mariner's Point
Santa Fe Park RV Resort
Pacific Ridge Apartments
Mixed-Use
Waikiki Beach Walk Retail and Embassy Suites™ Hotel
Held for Development and/or Construction in Progress
La Jolla Commons – Land
Solana Crossing – Land
Lloyd Portfolio – Construction in Progress

Supplemental Disclosures Related to the Consolidated Statements of Cash Flows

The following table provides supplemental disclosures related to the Consolidated Statements of Cash Flows (in thousands): 

	Nine Months Ended September 30,
	2023		2022
Supplemental cash flow information
Total interest costs incurred	$	54,167	$	47,792
Interest capitalized	$	5,745	$	4,125
Interest expense, net	$	48,422	$	43,667
Cash paid for interest, net of amounts capitalized	$	51,976	$	48,145
Cash paid for income taxes	$	1,122	$	638
Supplemental schedule of noncash investing and financing activities
Accounts payable and accrued liabilities for construction in progress	$	17,040	$	20,750
Accrued leasing commissions	$	2,086	$	1,897