Annual report pursuant to Section 13 and 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives of Assets
Properties are depreciated using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are as follows:
Leasehold interests Remaining lease term
Buildings and improvements
5 to 40 years
Tenant improvements The shorter of the term of the related lease or useful life
Furniture, fixtures and equipment
5 to 10 years
Dividends Declared
Dividends declared (on a per share basis) for the year ended December 31, 2024 were as follows:
Date of Declaration
Date of Record
Date of Payment
Dividend Declared
February 27, 2024 April 3, 2024 April 16, 2024 $0.0525
May 6, 2024 July 3, 2024 July 16, 2024 $0.0600
August 5, 2024 September 30, 2024 October 16, 2024 $0.0700
November 13, 2024 December 31, 2024 January 10, 2025 $0.0800

Dividends declared (on a per share basis) for the year ended December 31, 2023 were as follows:

Date of Declaration Date of Record Date of Payment Dividend Declared
July 24, 2023 September 30, 2023 October 10, 2023 $0.0500
December 18, 2023 December 29, 2023 January 10, 2024 $0.0525