Commitments and Contingencies	6 Months Ended
Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. COMMITMENTS AND CONTINGENCIES Contractual Obligations As of June 30, 2023, we had contractual and other commitments related to our capital improvement projects and development projects of $5.9 million, including $0.1 million of commitments related to the redevelopment of Fashion District Philadelphia, in the form of tenant allowances and contracts with general service providers and other professional service providers. For purposes of this disclosure, the contractual obligations and other commitments related to Fashion District Philadelphia are included at 100% of the obligation and not at our 50% ownership share. Preferred Dividend Arrearages We have aggregate authorized preferred shares of 25.0 million, where each series of authorized preferred shares is equal to the number of preferred shares outstanding of that series. Dividends on the Series B, Series C and Series D preferred shares are cumulative and therefore will continue to accrue at an annual rate of $1.8436 per share, $1.8000 per share and $1.7188 per share, respectively. As of June 30, 2023, the cumulative amount of unpaid dividends on our issued and outstanding preferred shares totaled $82.1 million. This consisted of unpaid dividends per share on the Series B, Series C and Series D preferred shares of $5.53 per share, $5.40 per share and $5.16 per share, respectively. In accordance with the provisions of the designating amendments of the Company's Amended and Restated Trust Agreement, two of the independent trustees on our Board of Trustees have been elected by our preferred shareholders.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

8. COMMITMENTS AND CONTINGENCIES

Contractual Obligations

As of June 30, 2023, we had contractual and other commitments related to our capital improvement projects and development projects of $5.9 million, including $0.1 million of commitments related to the redevelopment of Fashion District Philadelphia, in the form of tenant allowances and contracts with general service providers and other professional service providers. For purposes of this disclosure, the contractual obligations and other commitments related to Fashion District Philadelphia are included at 100% of the obligation and not at our 50% ownership share.

Preferred Dividend Arrearages

We have aggregate authorized preferred shares of 25.0 million, where each series of authorized preferred shares is equal to the number of preferred shares outstanding of that series. Dividends on the Series B, Series C and Series D preferred shares are cumulative and therefore will continue to accrue at an annual rate of $1.8436 per share, $1.8000 per share and $1.7188 per share, respectively. As of June 30, 2023, the cumulative amount of unpaid dividends on our issued and outstanding preferred shares totaled $82.1 million. This consisted of unpaid dividends per share on the Series B, Series C and Series D preferred shares of $5.53 per share, $5.40 per share and $5.16 per share, respectively. In accordance with the provisions of the designating amendments of the Company's Amended and Restated Trust Agreement, two of the independent trustees on our Board of Trustees have been elected by our preferred shareholders.