Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Minimum annual payments

We are obligated under operating lease agreements on several shopping centers and one office lease requiring minimum annual payments as follows, as of December 31, 2023:

	(In thousands)
Year ending December 31,
2024	$	5,819
2025	5,772
2026	5,406
2027	5,042
2028	5,100
Thereafter	194,040
Total future minimum operating lease payments	221,179
Less amount representing interest	(145,309)
Operating lease liabilities	$	75,870

Finance Lease, Liability, Fiscal Year Maturity

Future minimum lease payments and their present value for properties under finance leases as of December 31, 2023, are as follows: 

	(In thousands)
Year ending December 31,
2024	$	713
2025	713
2026	713
2027	748
2028	801
Thereafter	67,875
Total future minimum finance lease payments	71,563
Less amount representing interest	(58,893)
Finance lease liabilities	$	12,670