XML 27 R12.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Real Estate
6 Months Ended
Jun. 30, 2024
Real Estate [Abstract]  
Real Estate Disclosure REAL ESTATE
On May 31, 2024, we acquired the fee interest in Virginia Gateway, which is comprised of five adjacent shopping centers in Gainesville, Virginia, totaling 664,000 square feet, for $215.0 million. Approximately $15.8 million and $0.4 million of net assets acquired were allocated to other assets for "acquired lease costs" and "above market leases," respectively, and $13.3 million of net assets acquired were allocated to other liabilities for "below market leases."
During the six months ended June 30, 2024, we sold our Third Street Promenade property for $103.0 million, resulting in a gain on sale of $52.0 million.