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Note 6 - Other Investments
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Other Real Estate Investments and Other Assets [Text Block]

6. Other Investments

 

The Company has provided capital to owners and developers of real estate properties through its Preferred Equity program, which is included in Other investments on the Company’s Condensed Consolidated Balance Sheets. In connection with the RPT Merger the Company acquired a preferred equity investment of $12.7 million. In addition, the Company has invested capital in structured investments, which are primarily accounted for on the equity method of accounting. As of March 31, 2024, the Company’s other investments were $156.2 million, of which the Company’s net investment under the Preferred Equity program was $118.4 million.