Brixmor Property (BRX) 10-Q30 Oct 232023 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2023	Oct. 01, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	001-36160
Entity Registrant Name	Brixmor Property Group Inc.
Entity Central Index Key	0001581068
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	45-2433192
Entity Address, Address Line One	450 Lexington Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10017
City Area Code	212
Local Phone Number	869-3000
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	BRX
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		300,596,394
Brixmor Operating Partnership LP [Member]
Entity Information [Line Items]
Document Type	10-Q
Document Period End Date	Sep. 30, 2023
Entity File Number	333-256637-01
Entity Registrant Name	Brixmor Operating Partnership LP
Entity Central Index Key	0001630031
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--09-30
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	80-0831163
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Real estate
Land	$ 1,795,807	$ 1,820,358
Buildings and improvements	9,128,624	9,077,993
Real estate, gross	10,924,431	10,898,351
Accumulated depreciation and amortization	(3,131,183)	(2,996,759)
Real estate, net	7,793,248	7,901,592
Cash and cash equivalents	861	16,492
Restricted cash	17,822	4,767
Marketable securities	20,609	21,669
Receivables, net	262,774	264,146
Deferred charges and prepaid expenses, net	167,997	154,141
Real estate assets held for sale	10,013	10,439
Other assets	62,566	62,684
Total assets	8,335,890	8,435,930
Liabilities
Debt obligations, net	4,919,157	5,035,501
Accounts payable, accrued expenses and other liabilities	548,353	535,419
Total liabilities	5,467,510	5,570,920
Commitments and contingencies (Note 15)	0	0
Equity
Common stock	3,006	2,999
Additional paid-in capital	3,303,935	3,299,496
Accumulated other comprehensive income	12,192	8,851
Distributions in excess of net income	(450,753)	(446,336)
Total equity	2,868,380	2,865,010
Total liabilities and equity	8,335,890	8,435,930
Brixmor Operating Partnership LP
Real estate
Land	1,795,807	1,820,358
Buildings and improvements	9,128,624	9,077,993
Real estate, gross	10,924,431	10,898,351
Accumulated depreciation and amortization	(3,131,183)	(2,996,759)
Real estate, net	7,793,248	7,901,592
Cash and cash equivalents	861	15,565
Restricted cash	17,822	4,767
Marketable securities	20,609	21,669
Receivables, net	262,774	264,146
Deferred charges and prepaid expenses, net	167,997	154,141
Real estate assets held for sale	10,013	10,439
Other assets	62,566	62,684
Total assets	8,335,890	8,435,003
Liabilities
Debt obligations, net	4,919,157	5,035,501
Accounts payable, accrued expenses and other liabilities	548,376	535,419
Total liabilities	5,467,533	5,570,920
Commitments and contingencies (Note 15)	0	0
Equity
Common stock	2,856,165	2,855,232
Accumulated other comprehensive income	12,192	8,851
Total equity	2,868,357	2,864,083
Total liabilities and equity	$ 8,335,890	$ 8,435,003

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2023	Dec. 31, 2022
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	3,000,000,000	3,000,000,000
Common stock, shares issued	309,723,386	309,042,754
Common stock, shares outstanding	300,596,394	299,915,762
Brixmor Operating Partnership LP
Common stock, shares issued	309,723,386	309,042,754
Common stock, shares outstanding	300,596,394	299,915,762

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues
Rental income	$ 307,118	$ 304,643	$ 927,440	$ 908,903
Other revenues	196	102	1,111	602
Total revenues	307,314	304,745	928,551	909,505
Operating expenses
Operating costs	35,058	33,299	106,658	102,592
Real estate taxes	42,156	44,179	130,556	128,123
Depreciation and amortization	96,254	84,773	272,807	254,132
Impairment of real estate assets	0	0	17,836	4,597
General and administrative	29,182	29,094	86,868	86,796
Total operating expenses	202,650	191,345	614,725	576,240
Gain (loss) on extinguishment of debt, net	6	0	4,356	(221)
Other income (expense)
Dividends and interest	273	88	345	198
Interest expense	(47,364)	(48,726)	(143,529)	(143,934)
Gain on sale of real estate assets	6,712	15,768	59,037	60,667
Other	(555)	(789)	(1,645)	(2,937)
Total other expense	(40,928)	(33,659)	(81,436)	(86,227)
Net income	$ 63,736	$ 79,741	$ 232,390	$ 247,038
Earnings Per Share [Abstract]
Basic (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Diluted (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Weighted average shares:
Basic (in shares)	301,007	300,213	300,955	299,626
Diluted (in shares)	302,511	301,341	302,447	300,784
Brixmor Operating Partnership LP
Revenues
Rental income	$ 307,118	$ 304,643	$ 927,440	$ 908,903
Other revenues	196	102	1,111	602
Total revenues	307,314	304,745	928,551	909,505
Operating expenses
Operating costs	35,058	33,299	106,658	102,592
Real estate taxes	42,156	44,179	130,556	128,123
Depreciation and amortization	96,254	84,773	272,807	254,132
Impairment of real estate assets	0	0	17,836	4,597
General and administrative	29,182	29,094	86,868	86,796
Total operating expenses	202,650	191,345	614,725	576,240
Gain (loss) on extinguishment of debt, net	6	0	4,356	(221)
Other income (expense)
Dividends and interest	273	88	345	198
Interest expense	(47,364)	(48,726)	(143,529)	(143,934)
Gain on sale of real estate assets	6,712	15,768	59,037	60,667
Other	(555)	(789)	(1,645)	(2,937)
Total other expense	(40,928)	(33,659)	(81,436)	(86,227)
Net income	$ 63,736	$ 79,741	$ 232,390	$ 247,038
Earnings Per Share [Abstract]
Basic (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Diluted (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Weighted average shares:
Basic (in shares)	301,007	300,213	300,955	299,626
Diluted (in shares)	302,511	301,341	302,447	300,784

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net income	$ 63,736	$ 79,741	$ 232,390	$ 247,038
Other comprehensive income
Change in unrealized gain on interest rate swaps, net (Note 6)	962	6,088	3,019	21,469
Change in unrealized gain (loss) on marketable securities	127	(358)	322	(767)
Total other comprehensive income	1,089	5,730	3,341	20,702
Comprehensive income	64,825	85,471	235,731	267,740
Brixmor Operating Partnership LP
Net income	63,736	79,741	232,390	247,038
Other comprehensive income
Change in unrealized gain on interest rate swaps, net (Note 6)	962	6,088	3,019	21,469
Change in unrealized gain (loss) on marketable securities	127	(358)	322	(767)
Total other comprehensive income	1,089	5,730	3,341	20,702
Comprehensive income	$ 64,825	$ 85,471	$ 235,731	$ 267,740

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Brixmor Operating Partnership LP	Common Stock	Common Stock Brixmor Operating Partnership LP	Additional Paid-in Capital	Additional Paid-in Capital Brixmor Operating Partnership LP	Accumulated Other Comprehensive Income (Loss)	Distributions in Excess of Net Income
Beginning balance (in shares) at Dec. 31, 2021			297,210
Beginning balance at Dec. 31, 2021	$ 2,718,346	$ 2,703,188	$ 2,972	$ 2,715,863	$ 3,231,732	$ (12,675)	$ (12,674)	$ (503,684)
Increase (Decrease) in Equity [Roll Forward]
Common stock dividends	(73,156)	(64,527)		(64,527)				(73,156)
Equity based compensation expense	4,620	4,620		4,620	4,620
Other comprehensive income (loss)	10,952	10,953				10,953	10,952
Issuance of common stock (in shares)			2,278
Issuance of common stock	43,848	43,848	$ 23	43,848	43,825
Share-based awards retained for taxes	(10,458)	(10,458)		(10,458)	(10,458)
Net income	79,506	79,506		79,506				79,506
Ending balance (in shares) at Mar. 31, 2022			299,488
Ending balance at Mar. 31, 2022	$ 2,773,658	2,767,130	$ 2,995	2,768,852	3,269,719	(1,722)	(1,722)	(497,334)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.240
Beginning balance (in shares) at Dec. 31, 2021			297,210
Beginning balance at Dec. 31, 2021	$ 2,718,346	2,703,188	$ 2,972	2,715,863	3,231,732	(12,675)	(12,674)	(503,684)
Increase (Decrease) in Equity [Roll Forward]
Other comprehensive income (loss)	20,702	20,702
Net income	247,038	247,038
Ending balance (in shares) at Sep. 30, 2022			299,913
Ending balance at Sep. 30, 2022	$ 2,828,181	2,827,252	$ 2,999	2,819,224	3,292,045	8,028	8,028	(474,891)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.72
Beginning balance (in shares) at Mar. 31, 2022			299,488
Beginning balance at Mar. 31, 2022	$ 2,773,658	2,767,130	$ 2,995	2,768,852	3,269,719	(1,722)	(1,722)	(497,334)
Increase (Decrease) in Equity [Roll Forward]
Common stock dividends	(72,534)	(66,195)		(66,195)				(72,534)
Equity based compensation expense	6,500	6,500		6,500	6,500
Other comprehensive income (loss)	4,020	4,020				4,020	4,020
Issuance of common stock (in shares)			181
Issuance of common stock	3,560	3,560	$ 2	3,560	3,558
Share-based awards retained for taxes	(2)	(2)		(2)	(2)
Net income	87,791	87,791		87,791				87,791
Ending balance (in shares) at Jun. 30, 2022			299,669
Ending balance at Jun. 30, 2022	$ 2,802,993	2,802,804	$ 2,997	2,800,506	3,279,775	2,298	2,298	(482,077)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.240
Common stock dividends	$ (72,555)	(73,295)		(73,295)				(72,555)
Equity based compensation expense	6,580	6,580		6,580	6,580
Other comprehensive income (loss)	5,730	5,730				5,730	5,730
Issuance of common stock (in shares)			244
Issuance of common stock	5,692	5,692	$ 2	5,692	5,690
Net income	79,741	79,741		79,741				79,741
Ending balance (in shares) at Sep. 30, 2022			299,913
Ending balance at Sep. 30, 2022	$ 2,828,181	2,827,252	$ 2,999	2,819,224	3,292,045	8,028	8,028	(474,891)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.240
Beginning balance (in shares) at Dec. 31, 2022			299,916
Beginning balance at Dec. 31, 2022	$ 2,865,010	2,864,083	$ 2,999	2,855,232	3,299,496	8,851	8,851	(446,336)
Increase (Decrease) in Equity [Roll Forward]
Common stock dividends	(79,298)	(78,397)		(78,397)				(79,298)
Equity based compensation expense	4,518	4,518		4,518	4,518
Other comprehensive income (loss)	(3,731)	(3,731)				(3,731)	(3,731)
Issuance of common stock (in shares)			632
Issuance of common stock	0		$ 6		(6)
Share-based awards retained for taxes	(11,229)	(11,229)		(11,229)	(11,229)
Net income	112,246	112,246		112,246				112,246
Ending balance (in shares) at Mar. 31, 2023			300,548
Ending balance at Mar. 31, 2023	$ 2,887,516	2,887,490	$ 3,005	2,882,370	3,292,779	5,120	5,120	(413,388)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.260
Beginning balance (in shares) at Dec. 31, 2022			299,916
Beginning balance at Dec. 31, 2022	$ 2,865,010	2,864,083	$ 2,999	2,855,232	3,299,496	8,851	8,851	(446,336)
Increase (Decrease) in Equity [Roll Forward]
Other comprehensive income (loss)	3,341	3,341
Net income	232,390	232,390
Ending balance (in shares) at Sep. 30, 2023			300,596
Ending balance at Sep. 30, 2023	$ 2,868,380	2,868,357	$ 3,006	2,856,165	3,303,935	12,192	12,192	(450,753)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.78
Beginning balance (in shares) at Mar. 31, 2023			300,548
Beginning balance at Mar. 31, 2023	$ 2,887,516	2,887,490	$ 3,005	2,882,370	3,292,779	5,120	5,120	(413,388)
Increase (Decrease) in Equity [Roll Forward]
Common stock dividends	(78,755)	(78,754)		(78,754)				(78,755)
Equity based compensation expense	5,019	5,019		5,019	5,019
Other comprehensive income (loss)	5,983	5,983				5,983	5,983
Issuance of common stock (in shares)			45
Issuance of common stock	1	1	$ 1	1	0
Net income	56,408	56,408		56,408				56,408
Ending balance (in shares) at Jun. 30, 2023			300,593
Ending balance at Jun. 30, 2023	$ 2,876,172	2,876,147	$ 3,006	2,865,044	3,297,798	11,103	11,103	(435,735)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.260
Common stock dividends	$ (78,754)	(78,752)		(78,752)				(78,754)
Equity based compensation expense	6,139	6,139		6,139	6,139
Other comprehensive income (loss)	1,089	1,089				1,089	1,089
Issuance of common stock (in shares)			3
Issuance of common stock	0
Share-based awards retained for taxes	(2)	(2)		(2)	(2)
Net income	63,736	63,736		63,736				63,736
Ending balance (in shares) at Sep. 30, 2023			300,596
Ending balance at Sep. 30, 2023	$ 2,868,380	$ 2,868,357	$ 3,006	$ 2,856,165	$ 3,303,935	$ 12,192	$ 12,192	$ (450,753)
Increase (Decrease) in Equity [Roll Forward]
Dividends, per common share (in dollars per share)	$ 0.260

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - $ / shares	3 Months Ended						9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]
Dividends, per common share (in dollars per share)	$ 0.260	$ 0.260	$ 0.260	$ 0.240	$ 0.240	$ 0.240	$ 0.78	$ 0.72

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parent) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating activities:
Net income	$ 232,390	$ 247,038
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	272,807	254,132
Accretion of debt premium and discount, net	(2,198)	(2,147)
Deferred financing cost amortization	5,163	5,261
Accretion of above- and below-market leases, net	(9,361)	(9,245)
Tenant inducement amortization and other	3,205	2,970
Impairment of real estate assets	17,836	4,597
Gain on sale of real estate assets	(59,037)	(60,667)
Equity based compensation	14,559	16,414
(Gain) loss on extinguishment of debt, net	(4,356)	221
Changes in operating assets and liabilities:
Receivables, net	(937)	(14,369)
Deferred charges and prepaid expenses	(37,619)	(36,775)
Other assets	(760)	(284)
Accounts payable, accrued expenses and other liabilities	21,820	34,014
Net cash provided by operating activities	453,512	441,160
Investing activities:
Improvements to and investments in real estate assets	(254,426)	(233,127)
Acquisitions of real estate assets	(1,914)	(409,688)
Proceeds from sales of real estate assets	162,194	171,017
Purchase of marketable securities	(20,442)	(24,558)
Proceeds from sale of marketable securities	21,566	21,877
Net cash used in investing activities	(93,022)	(474,479)
Financing activities:
Repayment of borrowings under unsecured revolving credit facility	(480,000)	(465,000)
Proceeds from borrowings under unsecured revolving credit facility	360,000	665,000
Proceeds from unsecured term loans	200,000	0
Repayment of borrowings under unsecured notes	(194,254)	(250,000)
Deferred financing and debt extinguishment costs	(700)	(8,398)
Proceeds from issuances of common shares	0	53,100
Distributions to common stockholders	(236,881)	(217,414)
Repurchases of common shares in conjunction with equity award plans	(11,231)	(10,460)
Net cash used in financing activities	(363,066)	(233,172)
Net change in cash, cash equivalents and restricted cash	(2,576)	(266,491)
Cash, cash equivalents and restricted cash at beginning of period	21,259	297,743
Cash, cash equivalents and restricted cash at end of period	18,683	31,252
Reconciliation to consolidated balance sheets:
Cash and cash equivalents	861	23,591
Restricted cash	17,822	7,661
Cash, cash equivalents and restricted cash at end of period	18,683	31,252
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amount capitalized of $2,987 and $2,215	144,271	142,470
Brixmor Operating Partnership LP
Operating activities:
Net income	232,390	247,038
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	272,807	254,132
Accretion of debt premium and discount, net	(2,198)	(2,147)
Deferred financing cost amortization	5,163	5,261
Accretion of above- and below-market leases, net	(9,361)	(9,245)
Tenant inducement amortization and other	3,205	2,970
Impairment of real estate assets	17,836	4,597
Gain on sale of real estate assets	(59,037)	(60,667)
Equity based compensation	14,559	16,414
(Gain) loss on extinguishment of debt, net	(4,356)	221
Changes in operating assets and liabilities:
Receivables, net	(937)	(14,369)
Deferred charges and prepaid expenses	(37,619)	(36,775)
Other assets	(760)	(284)
Accounts payable, accrued expenses and other liabilities	21,820	34,014
Net cash provided by operating activities	453,512	441,160
Investing activities:
Improvements to and investments in real estate assets	(254,426)	(233,127)
Acquisitions of real estate assets	(1,914)	(409,688)
Proceeds from sales of real estate assets	162,194	171,017
Purchase of marketable securities	(20,442)	(24,558)
Proceeds from sale of marketable securities	21,566	21,877
Net cash used in investing activities	(93,022)	(474,479)
Financing activities:
Repayment of borrowings under unsecured revolving credit facility	(480,000)	(465,000)
Proceeds from borrowings under unsecured revolving credit facility	360,000	665,000
Proceeds from unsecured term loans	200,000	0
Repayment of borrowings under unsecured notes	(194,254)	(250,000)
Deferred financing and debt extinguishment costs	(700)	(8,398)
Proceeds from issuances of common shares	0	53,100
Partner distributions and repurchases of OP Units	(247,185)	(213,645)
Net cash used in financing activities	(362,139)	(218,943)
Net change in cash, cash equivalents and restricted cash	(1,649)	(252,262)
Cash, cash equivalents and restricted cash at beginning of period	20,332	282,585
Cash, cash equivalents and restricted cash at end of period	18,683	30,323
Reconciliation to consolidated balance sheets:
Cash and cash equivalents	861	22,662
Restricted cash	17,822	7,661
Cash, cash equivalents and restricted cash at end of period	18,683	30,323
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amount capitalized of $2,987 and $2,215	$ 144,271	$ 142,470

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest paid, capitalized			$ 2,987	$ 2,215
Brixmor Operating Partnership LP
Interest paid, capitalized	$ 2,987	$ 2,215

Acquisition of Real Estate

Acquisition of Real Estate	9 Months Ended
Acquisition of Real Estate	Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisition of Real Estate	Acquisition of Real Estate During the nine months ended September 30, 2023, the Company acquired the following asset: Description (1) Location Month Acquired GLA Aggregate Purchase Price (2) Land at Aurora Plaza (3) Aurora, CO Apr-23 N/A $ 1,914 — 1,914 (1) No debt was assumed related to the listed acquisition. (2) Aggregate purchase price includes $0.1 million of transaction costs. (3) The Company terminated a ground lease and acquired the associated land parcel. During the nine months ended September 30, 2022, the Company acquired the following assets, in separate transactions: Description (1) Location Month Acquired GLA Aggregate Purchase Price (2) Brea Gateway Brea, CA Jan-22 181,819 $ 83,991 Land at Cobblestone Village St. Augustine, FL Jan-22 N/A 1,661 Arboretum Village Dallas, TX Jan-22 95,354 46,330 Ravinia Plaza Orland Park, IL Feb-22 101,800 26,160 Elmhurst Crossing Elmhurst, IL Apr-22 347,503 75,096 North Riverside Plaza Berwyn, IL Apr-22 383,884 60,114 West U Marketplace Houston, TX Apr-22 60,136 33,741 Waterford Commons - Ruby Tuesday Waterford, CT May-22 6,781 1,574 Lake Pointe Village Sugarland, TX Jun-22 162,263 80,971 Adjustments related to previously acquired assets Various Various N/A 50 1,339,540 409,688 (1) No debt was assumed related to any of the listed acquisitions. (2) Aggregate purchase price includes $2.0 million of transaction costs, offset by $2.9 million of closing credits. The aggregate purchase price of the assets acquired during the nine months ended September 30, 2023 and 2022, respectively, has been allocated as follows: Nine Months Ended September 30, Assets 2023 2022 Land $ 1,914 $ 84,361 Buildings — 294,241 Building and tenant improvements — 33,352 Above-market leases (1) — 701 In-place leases (2) — 29,607 Total assets acquired $ 1,914 $ 442,262 Liabilities Below-market leases (3) $ — $ 30,748 Other liabilities — 1,826 Total liabilities — 32,574 Net assets acquired $ 1,914 $ 409,688 (1) The weighted average amortization period at the time of acquisition for above-market leases related to assets acquired during the nine months ended September 30, 2022 was 6.5 years. (2) The weighted average amortization period at the time of acquisition for in-place leases related to assets acquired during the nine months ended September 30, 2022 was 12.1 years. (3) The weighted average amortization period at the time of acquisition for below-market leases related to assets acquired during the nine months ended September 30, 2022 was 20.1 years.

Nature of Business and Financia

Nature of Business and Financial Statement Presentation	9 Months Ended
Nature of Business and Financial Statement Presentation	Sep. 30, 2023
Accounting Policies [Abstract]
Nature of Business and Financial Statement Presentation	Nature of Business and Financial Statement Presentation Description of Business Brixmor Property Group Inc. and subsidiaries (collectively, the “Parent Company”) is an internally-managed corporation that has elected to be taxed as a real estate investment trust (“REIT”). Brixmor Operating Partnership LP and subsidiaries (collectively, the “Operating Partnership”) is the entity through which the Parent Company conducts substantially all of its operations and owns substantially all of its assets. The Parent Company owns 100% of the limited liability company interests of BPG Subsidiary LLC (“BPG Sub”), which, in turn, is the sole member of Brixmor OP GP LLC (the “General Partner”), the sole general partner of the Operating Partnership. The Parent Company engages in the ownership, management, leasing, acquisition, disposition, and redevelopment of retail shopping centers through the Operating Partnership, and has no other substantial assets or liabilities other than through its investment in the Operating Partnership. The Parent Company, the Operating Partnership, and their consolidated subsidiaries (collectively, the “Company” or “Brixmor”) owns and operates one of the largest publicly-traded open-air retail portfolios by gross leasable area (“GLA”) in the United States (“U.S.”), comprised primarily of community and neighborhood shopping centers. As of September 30, 2023, the Company’s portfolio was comprised of 364 shopping centers (the “Portfolio”) totaling approximately 65 million square feet of GLA. The Company’s high-quality national Portfolio is primarily located within established trade areas in the top 50 Core-Based Statistical Areas in the U.S., and its shopping centers are primarily anchored by non-discretionary and value-oriented retailers, as well as consumer-oriented service providers. The Company does not distinguish its principal business or group its operations on a geographical basis for purposes of measuring performance. Accordingly, the Company has a single reportable segment for disclosure purposes in accordance with U.S. generally accepted accounting principles (“GAAP”). Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for the fair presentation of the unaudited Condensed Consolidated Financial Statements for the periods presented have been included. The operating results for the periods presented are not necessarily indicative of the results that may be expected for a full fiscal year. These financial statements should be read in conjunction with the financial statements for the year ended December 31, 2022 and accompanying notes included in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 13, 2023. Principles of Consolidation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of the Parent Company, the Operating Partnership, each of their wholly owned subsidiaries, and all other entities in which they have a controlling financial interest. All intercompany transactions have been eliminated. Income Taxes The Parent Company has elected to qualify as a REIT in accordance with the Internal Revenue Code of 1986, as amended (the “Code”). To qualify as a REIT, the Parent Company must meet several organizational and operational requirements, including a requirement that it annually distribute to its stockholders at least 90% of its REIT taxable income, determined without regard to the deduction for dividends paid and excluding net capital gains. Management intends to continue to satisfy these requirements and maintain the Parent Company's REIT status. As a REIT, the Parent Company generally will not be subject to U.S. federal income tax, provided that distributions to its stockholders equal at least the amount of its REIT taxable income as defined under the Code. The Parent Company conducts substantially all of its operations through the Operating Partnership, which is organized as a limited partnership and treated as a pass-through entity for U.S. federal tax purposes. Therefore, U.S. federal income taxes do not materially impact the unaudited Condensed Consolidated Financial Statements of the Company. If the Parent Company fails to qualify as a REIT in any taxable year, it will be subject to U.S. federal taxes at regular corporate rates and may not be able to qualify as a REIT for the four subsequent taxable years. Even if the Parent Company qualifies for taxation as a REIT, the Parent Company is subject to certain state and local taxes on its income and property, and to U.S. federal income and excise taxes on its undistributed taxable income as well as other income items, as applicable. The Parent Company has elected to treat certain of its subsidiaries as taxable REIT subsidiaries (each a “TRS”), and the Parent Company may in the future elect to treat newly formed and/or other existing subsidiaries as TRSs. A TRS may participate in non-real estate related activities and/or perform non-customary services for tenants and is subject to certain limitations under the Code. A TRS is subject to U.S. federal, state, and local income taxes at regular corporate rates. Income taxes related to the Parent Company’s TRSs do not materially impact the unaudited Condensed Consolidated Financial Statements of the Company. The Company has considered the tax positions taken for the open tax years and has concluded that no provision for income taxes related to uncertain tax positions is required in the Company’s unaudited Condensed Consolidated Financial Statements as of September 30, 2023 and December 31, 2022. Open tax years generally range from 2020 through 2022 but may vary by jurisdiction and issue. The Company recognizes penalties and interest accrued related to unrecognized tax benefits as income tax expense, which is included in Other on the Company’s unaudited Condensed Consolidated Statements of Operations. New Accounting Pronouncements Any recently issued accounting standards or pronouncements have been excluded as they either are not relevant to the Company, or they are not expected to have a material impact on the unaudited Condensed Consolidated Financial Statements of the Company.

Dispositions and Assets Held fo

Dispositions and Assets Held for Sale	9 Months Ended
Dispositions and Assets Held for Sale	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Dispositions and Assets Held for Sale	Dispositions and Assets Held for Sale During the three months ended September 30, 2023, the Company disposed of one shopping center and one partial shopping center for aggregate net proceeds of $16.6 million, resulting in aggregate gain of $6.8 million. In addition, during the three months ended September 30, 2023, the Company resolved contingencies related to previously disposed assets, resulting in a loss of $0.1 million. During the nine months ended September 30, 2023, the Company disposed of nine shopping centers and eight partial shopping centers for aggregate net proceeds of $161.9 million, resulting in aggregate gain of $58.9 million and aggregate impairment of $6.1 million. In addition, during the nine months ended September 30, 2023, the Company disposed of a non-operating asset and resolved contingencies related to a previously disposed asset for aggregate net proceeds of $0.3 million, resulting in net gain of $0.1 million. During the three months ended September 30, 2022, the Company disposed of one shopping center and three partial shopping centers for aggregate net proceeds of $28.2 million, resulting in aggregate gain of $13.5 million. In addition, during the three months ended September 30, 2022, the Company had land at one shopping center seized through eminent domain for aggregate net proceeds of $2.8 million, resulting in aggregate gain of $2.3 million. During the nine months ended September 30, 2022, the Company disposed of 11 shopping centers and seven partial shopping centers for aggregate net proceeds of $168.2 million, resulting in aggregate gain of $58.2 million and aggregate impairment of $4.6 million. In addition, during the nine months ended September 30, 2022, the Company resolved contingencies related to previously disposed assets and had land at one shopping center seized through eminent domain for aggregate net proceeds of $2.8 million, resulting in net gain of $2.4 million. As of September 30, 2023, the Company had one property held for sale. As of December 31, 2022, the Company had one property and two partial properties held for sale. There were no liabilities associated with the properties classified as held for sale. The following table presents the assets associated with the properties classified as held for sale: Assets September 30, 2023 December 31, 2022 Land $ 1,818 $ 1,988 Buildings and improvements 13,155 13,864 Accumulated depreciation and amortization (5,285) (5,625) Real estate, net 9,688 10,227 Other assets 325 212 Assets associated with real estate assets held for sale $ 10,013 $ 10,439

Real Estate

Real Estate	9 Months Ended
Real Estate	Sep. 30, 2023
Real Estate [Abstract]
Real Estate	Real Estate The Company’s components of Real estate, net consisted of the following: September 30, 2023 December 31, 2022 Land $ 1,795,807 $ 1,820,358 Buildings and improvements: Buildings and tenant improvements 8,616,743 8,535,279 Lease intangibles (1) 511,881 542,714 10,924,431 10,898,351 Accumulated depreciation and amortization (2) (3,131,183) (2,996,759) Total $ 7,793,248 $ 7,901,592 (1) As of September 30, 2023 and December 31, 2022, Lease intangibles consisted of $463.0 million and $492.0 million, respectively, of in-place leases and $48.9 million and $50.7 million, respectively, of above-market leases. These intangible assets are amortized over the term of each related lease. (2) As of September 30, 2023 and December 31, 2022, Accumulated depreciation and amortization included $448.5 million and $465.2 million, respectively, of accumulated amortization related to Lease intangibles. In addition, as of September 30, 2023 and December 31, 2022, the Company had intangible liabilities relating to below-market leases of $334.0 million and $349.7 million, respectively, and accumulated accretion of $247.7 million and $252.9 million, respectively. These intangible liabilities are included in Accounts payable, accrued expenses and other liabilities on the Company’s unaudited Condensed Consolidated Balance Sheets. Below-market lease accretion income, net of above-market lease amortization for the three months ended September 30, 2023 and 2022 was $3.3 million and $3.3 million, respectively. Below-market lease accretion income, net of above-market lease amortization for the nine months ended September 30, 2023 and 2022 was $9.4 million and $9.2 million, respectively. These amounts are included in Rental income on the Company’s unaudited Condensed Consolidated Statements of Operations. Amortization expense associated with in-place lease value for the three months ended September 30, 2023 and 2022 was $4.5 million and $5.1 million, respectively. Amortization expense associated with in-place lease value for the nine months ended September 30, 2023 and 2022 was $12.9 million and $14.0 million, respectively. These amounts are included in Depreciation and amortization on the Company’s unaudited Condensed Consolidated Statements of Operations. The Company’s estimated below-market lease accretion income, net of above-market lease amortization expense, and in-place lease amortization expense for the next five years are as follows: Year ending December 31, Below-market lease accretion (income), net of above-market lease amortization expense In-place lease amortization expense 2023 (remaining three months) $ (2,445) $ 3,449 2024 (9,380) 11,672 2025 (8,173) 8,605 2026 (7,147) 6,150 2027 (6,074) 4,738

Impairments

Impairments	9 Months Ended
Impairments	Sep. 30, 2023
Impairment of Real Estate [Abstract]
Impairments	Impairments Management periodically assesses whether there are any indicators, including property operating performance, changes in anticipated hold period, and general market conditions, that the carrying value of the Company’s real estate assets (including any related intangible assets or liabilities) may be impaired. If management determines that the carrying value of a real estate asset is impaired, an impairment charge is recognized to reflect the estimated fair value. The Company did not recognize any impairments during the three months ended September 30, 2023. The Company recognized the following impairments during the nine months ended September 30, 2023: Nine Months Ended September 30, 2023 Property Name (1) Location GLA Impairment Charge The Quentin Collection Kildeer, IL 171,530 $ 11,705 Broadway Faire - Theater Box (2) Fresno, CA 39,983 2,102 Elk Grove Town Center (2) Elk Grove Village, IL 61,609 1,796 The Manchester Collection - Crossroads (2) Manchester, CT 14,867 1,155 Spring Mall (2) Greenfield, WI 45,920 1,078 333,909 $ 17,836 (1) The Company recognized impairment charges based upon changes in the anticipated hold periods of these properties and/or offers from third party buyers in connection with the Company’s capital recycling program. (2) The Company disposed of this property during the nine months ended September 30, 2023 The Company did not recognize any impairments during the three months ended September 30, 2022. The Company recognized the following impairments during the nine months ended September 30, 2022: Nine Months Ended September 30, 2022 Property Name (1) Location GLA Impairment Charge Torrington Plaza (2) Torrington, CT 125,496 $ 3,509 New Garden Center (2) Kennett Square, PA 147,370 1,088 272,866 $ 4,597 (1) The Company recognized impairment charges based upon changes in the anticipated hold periods of these properties and/or offers from third party buyers in connection with the Company’s capital recycling program. (2) The Company disposed of this property during the year ended December 31, 2022. The Company can provide no assurance that material impairment charges with respect to its Portfolio will not occur in future periods. See Note 3 for additional information regarding impairment charges taken in connection with the Company’s dispositions. See Note 8 for additional information regarding the fair value of operating properties that have been impaired.

Financial Instruments - Derivat

Financial Instruments - Derivatives and Hedging	9 Months Ended
Financial Instruments - Derivatives and Hedging	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments - Derivatives and Hedging	Financial Instruments – Derivatives and Hedging The Company’s use of derivative instruments is intended to manage its exposure to interest rate movements and such instruments are not utilized for speculative purposes. In certain situations, the Company may enter into derivative financial instruments such as interest rate swap agreements and interest rate cap agreements that result in the receipt and/or payment of future known and uncertain cash amounts, the value of which are determined by market interest rates. Cash Flow Hedges of Interest Rate Risk Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchanging the underlying notional amount. The Company utilizes interest rate swaps to partially hedge the cash flows associated with variable-rate debt. During the nine months ended September 30, 2023, the Company entered into three interest rate swap agreements with an effective date of May 1, 2023, an aggregate notional amount of $200.0 million, a weighted average fixed rate of 3.59%, and an expiration date of July 26, 2027. During the year ended December 31, 2022, the Company did not enter into any new interest rate swap agreements. Detail on the Company’s interest rate derivatives designated as cash flow hedges outstanding as of September 30, 2023 and December 31, 2022 is as follows: Number of Instruments Notional Amount September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 Interest Rate Swaps 7 4 $ 500,000 $ 300,000 The Company has elected to present its interest rate derivatives on its unaudited Condensed Consolidated Balance Sheets on a gross basis as interest rate swap assets and interest rate swap liabilities. Detail on the fair value of the Company’s interest rate derivatives on a gross and net basis as of September 30, 2023 and December 31, 2022 is as follows: Fair Value of Derivative Instruments Interest rate swaps classified as: September 30, 2023 December 31, 2022 Gross derivative assets $ 12,659 $ 9,640 Gross derivative liabilities — — Net derivative assets $ 12,659 $ 9,640 The gross derivative assets are included in Other assets on the Company’s unaudited Condensed Consolidated Balance Sheets. All of the Company’s outstanding interest rate swap agreements for the periods presented were designated as cash flow hedges of interest rate risk. The fair value of the Company’s interest rate derivatives is determined using market standard valuation techniques, including discounted cash flow analyses, on the expected cash flows of each derivative. These analyses reflect the contractual terms of the derivative, including the period to maturity, and use observable market-based inputs, including interest rate curves and implied volatility. These inputs are classified as Level 2 of the fair value hierarchy. The effective portion of changes in the fair value of derivatives designated as cash flow hedges is recognized in other comprehensive income (loss) and is reclassified into earnings as interest expense in the period that the hedged transaction affects earnings. The effective portion of the Company’s interest rate swaps that was recognized on the Company’s unaudited Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2023 and 2022 is as follows: Derivatives in Cash Flow Hedging Relationships Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Change in unrealized gain on interest rate swaps $ 3,932 $ 5,818 $ 9,906 $ 17,979 Amortization (accretion) of interest rate swaps to interest expense (2,970) 270 (6,887) 3,490 Change in unrealized gain on interest rate swaps, net $ 962 $ 6,088 $ 3,019 $ 21,469 The Company estimates that $10.3 million will be reclassified from accumulated other comprehensive income (loss) as a decrease to interest expense over the next twelve months. No gain or loss was recognized related to hedge ineffectiveness or to amounts excluded from effectiveness testing on the Company’s cash flow hedges during the three and nine months ended September 30, 2023 and 2022. Non-Designated (Mark-to-Market) Hedges of Interest Rate Risk The Company does not use derivatives for trading or speculative purposes. As of September 30, 2023 and December 31, 2022, the Company did not have any non-designated hedges. Credit-risk-related Contingent Features The Company has agreements with its derivative counterparties that contain provisions whereby if the Company defaults on certain of its indebtedness and the indebtedness has been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. If the Company were to be declared in default on its derivative contracts, it would be required to settle its obligations under such agreements at their termination value, including accrued interest.

Debt Obligations

Debt Obligations	9 Months Ended
Debt Obligations	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt Obligations	Debt Obligations As of September 30, 2023 and December 31, 2022, the Company had the following indebtedness outstanding: Carrying Value as of September 30, December 31, Stated Interest Rate (1) Scheduled Notes payable Unsecured notes (2) $ 4,418,805 $ 4,618,453 2.25% – 7.97% 2024 – 2031 Net unamortized premium 21,721 23,787 Net unamortized debt issuance costs (18,753) (22,325) Total notes payable, net $ 4,421,773 $ 4,619,915 Unsecured Credit Facility Revolving Facility (3) $ 5,000 $ 125,000 6.46% 2026 Term Loan Facility (3)(4)(5) 500,000 300,000 6.63% 2027 Net unamortized debt issuance costs (7,616) (9,414) Total Unsecured Credit Facility and term loans $ 497,384 $ 415,586 Total debt obligations, net $ 4,919,157 $ 5,035,501 (1) Stated interest rates as of September 30, 2023 do not include the impact of the Company’s interest rate swap agreements (described below). (2) The weighted average stated interest rate on the Company’s unsecured notes was 3.70% as of September 30, 2023. (3) The Company's Revolving Facility (defined hereafter) and Term Loan Facility (defined hereafter) include a sustainability metric incentive, which can reduce the applicable credit spread by up to two basis points. During the nine months ended September 30, 2023, the Company concluded that it did not qualify for a reduction to the applicable credit spread during the nine months ended September 30, 2023 and year ended December 31, 2022 resulting in a less than $0.1 million increase to interest expense. (4) Effective June 1, 2022, the Company has in place four interest rate swap agreements that convert the variable interest rate on $300.0 million outstanding under the Term Loan Facility (defined hereafter) to a fixed, combined interest rate of 2.59% (plus a spread of 120 basis points) through July 26, 2024. (5) Effective May 1, 2023, the Company has in place three interest rate swap agreements that convert the variable interest rate on $200.0 million outstanding under the Term Loan Facility (defined hereafter) to a fixed, combined interest rate of 3.59% (plus a spread of 120 basis points and a Secured Overnight Financing Rate ("SOFR") adjustment of 10 basis points) through the maturity of the Term Loan Facility (defined hereafter) on July 26, 2027. 2023 Debt Transactions The Operating Partnership has an unsecured credit facility as amended and restated on April 28, 2022 (the "Unsecured Credit Facility"), which is comprised of a $1.25 billion revolving loan facility (the "Revolving Facility") and a $300.0 million term loan, in addition to a $200.0 million delayed draw term loan, which was drawn on April 24, 2023 (together the "Term Loan Facility"). During the nine months ended September 30, 2023, the Operating Partnership repaid $120.0 million, net of borrowings, under its Revolving Facility, with proceeds from dispositions. In April 2023, the Operating Partnership commenced a cash tender offer (the "Tender Offer") for up to $199.6 million of its outstanding 3.65% Senior Notes due 2024 (the "2024 Notes"), which expired on April 24, 2023. Pursuant to the Tender Offer, the Operating Partnership repurchased $199.6 million of its 2024 Notes on April 25, 2023. Following the Tender Offer, $300.4 million aggregate principal amount of the 2024 Notes remain outstanding. The Operating Partnership funded the Tender Offer with proceeds from its $200.0 million delayed draw term loan, which was drawn on April 24, 2023. In connection with the Tender Offer, the Company recognized a $4.4 million gain on extinguishment of debt during the nine months ended September 30, 2023. Pursuant to the terms of the Company’s unsecured debt agreements, the Company, among other things, is subject to the maintenance of various financial covenants. The Company was in compliance with these covenants as of September 30, 2023. Debt Maturities As of September 30, 2023 and December 31, 2022, the Company had accrued interest of $43.6 million and $47.3 million outstanding, respectively. As of September 30, 2023, scheduled maturities of the Company’s outstanding debt obligations were as follows: Year ending December 31, 2023 (remaining three months) $ — 2024 300,352 2025 700,000 2026 612,542 2027 900,000 Thereafter 2,410,911 Total debt maturities 4,923,805 Net unamortized premium 21,721 Net unamortized debt issuance costs (26,369) Total debt obligations, net $ 4,919,157 As of the date the financial statements were issued, the Company's scheduled debt maturities for the next 12 months were comprised of the $300.4 million outstanding principal balance on the 2024 Notes.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
Fair Value Disclosures	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures All financial instruments of the Company are reflected in the accompanying unaudited Condensed Consolidated Balance Sheets at amounts which, in management’s judgment, reasonably approximate their fair values, except those instruments listed below: September 30, 2023 December 31, 2022 Carrying Fair Carrying Fair Notes payable $ 4,421,773 $ 3,968,052 $ 4,619,915 $ 4,148,681 Unsecured Credit Facility 497,384 505,000 415,586 425,056 Total debt obligations, net $ 4,919,157 $ 4,473,052 $ 5,035,501 $ 4,573,737 As a basis for considering market participant assumptions in fair value measurements, a fair value hierarchy is included in GAAP that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs that are classified within Level 3 of the hierarchy). In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. Based on the above criteria, the Company has determined that the valuations of its debt obligations are classified within Level 3 of the fair value hierarchy. Such fair value estimates are not necessarily indicative of the amounts that would be realized upon disposition. Recurring Fair Value The Company’s marketable securities and interest rate derivatives are measured and recognized at fair value on a recurring basis. The valuations of the Company’s marketable securities are based primarily on publicly traded market values in active markets and are classified within Levels 1 and 2 of the fair value hierarchy. See Note 6 for fair value information regarding the Company’s interest rate derivatives. The following table presents the placement in the fair value hierarchy of assets that are measured and recognized at fair value on a recurring basis: Fair Value Measurements as of September 30, 2023 Balance Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs Significant Unobservable Inputs Assets: Marketable securities (1) $ 20,609 $ 913 $ 19,696 $ — Interest rate derivatives $ 12,659 $ — $ 12,659 $ — Fair Value Measurements as of December 31, 2022 Balance Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs Significant Unobservable Inputs Assets: Marketable securities (1) $ 21,669 $ 1,088 $ 20,581 $ — Interest rate derivatives $ 9,640 $ — $ 9,640 $ — (1) As of September 30, 2023 and December 31, 2022, marketable securities included $0.5 million and $0.8 million of net unrealized losses, respectively. As of September 30, 2023, the contractual maturities of the Company’s marketable securities were within the next five years. Non-Recurring Fair Value Management periodically assesses whether there are any indicators, including property operating performance, changes in anticipated hold period, and general market conditions, that the carrying value of the Company’s real estate assets (including any related intangible assets or liabilities) may be impaired. Fair value is determined by offers from third party buyers, market comparable data, third party appraisals, or discounted cash flow analyses. The cash flows utilized in such analyses are comprised of unobservable inputs that include forecasted rental revenue and expenses based upon market conditions and future expectations. The capitalization rates and discount rates utilized in such analyses are based upon unobservable rates that the Company believes to be within a reasonable range of current market rates for the respective properties. Based on these inputs, the Company has determined that the valuations of these properties are classified within Level 3 of the fair value hierarchy. The following table presents the placement in the fair value hierarchy of assets and liabilities that are measured and recognized at fair value on a non-recurring basis. The table includes information related to properties that were remeasured to fair value as a result of impairment testing during the nine months ended September 30, 2023, excluding the properties sold prior to September 30, 2023. During the year ended December 31, 2022, no properties were remeasured to fair value as a result of impairment testing that were not sold prior to December 31, 2022. Fair Value Measurements as of September 30, 2023 Balance Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impairment of Real Estate Assets Assets: Properties (1)(2) $ 14,987 $ — $ — $ 14,987 $ 11,705 (1) Excludes properties disposed of prior to September 30, 2023. (2) The carrying value of The Quentin Collection, which was remeasured to fair value based on an income approach valuation using the direct capitalization method during the nine months ended September 30, 2023, is $15.0 million. The capitalization rate of 8.75% utilized in the analysis was based upon unobservable inputs that the Company believes to be within a reasonable range of current market rates for the property.

Revenue Recognition

Revenue Recognition	9 Months Ended
Revenue Recognition	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue RecognitionThe Company engages in the ownership, management, leasing, acquisition, disposition, and redevelopment of retail shopping centers. Revenue is primarily generated through lease agreements and classified as Rental income on the Company’s unaudited Condensed Consolidated Statements of Operations. These agreements include retail shopping center unit leases; ground leases; ancillary leases or agreements, such as agreements with tenants for cellular towers, ATMs, and short-term or seasonal retail (e.g. Halloween or Christmas-related retail); and reciprocal easement agreements. The agreements range in term from less than one year to 25 or more years, with certain agreements containing renewal options. These renewal options range from as little as one month to five or more years. The Company’s retail shopping center leases generally require tenants to pay a portion of property operating expenses such as common area expenses, utilities, insurance, and real estate taxes, and certain capital expenditures related to the maintenance of the Company’s properties. Additionally, certain leases may require variable lease payments associated with percentage rents, which are calculated based on underlying tenant sales. The Company recognized $1.6 million and $1.3 million of income based on percentage rents for the three months ended September 30, 2023 and 2022, respectively. The Company recognized $7.3 million and $7.1 million of income based on percentage rents for the nine months ended September 30, 2023 and 2022, respectively. These amounts are included in Rental income on the Company’s unaudited Condensed Consolidated Statements of Operations.

Leases

Leases	9 Months Ended
Leases	Sep. 30, 2023
Leases [Abstract]
Leases	Leases The Company periodically enters into agreements in which it is the lessee, including ground leases for shopping centers that it operates and office leases for administrative space. The agreements range in term from less than one year to 50 or more years, with certain agreements containing renewal options for up to an additional 100 years. Upon lease execution, the Company recognizes an operating lease right-of-use (“ROU”) asset and an operating lease liability based on the present value of the minimum lease payments over the non-cancelable lease term. As of September 30, 2023, the Company is not including any prospective renewal or termination options in its ROU assets or lease liabilities, as the exercise of such options is not reasonably certain. Certain agreements require the Company to pay a portion of property operating expenses, such as common area expenses, utilities, insurance, and real estate taxes, and certain capital expenditures related to the maintenance of the properties. These payments are not included in the calculation of the ROU asset or lease liability and are presented as variable lease costs. The following tables present additional information pertaining to the Company’s operating leases: Three Months Ended September 30, Nine Months Ended September 30, Supplemental Statements of Operations Information 2023 2022 2023 2022 Operating lease costs $ 1,410 $ 1,446 $ 4,227 $ 4,497 Variable lease costs 88 — 350 163 Total lease costs $ 1,498 $ 1,446 $ 4,577 $ 4,660 Nine Months Ended September 30, Supplemental Statements of Cash Flows Information 2023 2022 Operating cash outflows from operating leases $ 4,496 $ 4,612 ROU assets obtained in exchange for operating lease liabilities 90 10,708 ROU asset reduction due to dispositions, held for sale, and lease modifications (144) (171) Operating Lease Liabilities As of Future minimum operating lease payments: 2023 (remaining three months) $ 1,512 2024 5,980 2025 5,670 2026 4,917 2027 2,701 2028 1,902 Thereafter 30,956 Total future minimum operating lease payments 53,638 Less: imputed interest (17,040) Less: lease liabilities held for sale — Operating lease liabilities $ 36,598 Supplemental Balance Sheets Information As of As of December 31, 2022 Operating lease liabilities (1)(2) $ 36,598 $ 39,923 ROU assets (1)(3) 32,739 35,754 (1) As of September 30, 2023 and December 31, 2022, the weighted average remaining lease term was 16.1 years and 16.0 years, respectively, and the weighted average discount rate was 4.44% and 4.43%, respectively. (2) These amounts are included in Accounts payable, accrued expenses and other liabilities on the Company’s unaudited Condensed Consolidated Balance Sheets. (3) These amounts are included in Other assets on the Company’s unaudited Condensed Consolidated Balance Sheets. As of September 30, 2023, there were no material leases that have been executed but not yet commenced.

Equity and Capital

Equity and Capital	9 Months Ended
Equity and Capital	Sep. 30, 2023
Equity [Abstract]
Equity and Capital	Equity and Capital ATM Program In November 2022, the Company renewed its at-the-market equity offering program (the "ATM Program") through which the Company may sell, from time to time, up to an aggregate of $400.0 million of its common stock through sales agents. The ATM Program also provides that the Company may enter into forward contracts for shares of its common stock with forward sellers and forward purchasers. The ATM Program is scheduled to expire on November 1, 2025, unless earlier terminated or extended by the Company, sales agents, forward sellers, and forward purchasers. The ATM Program replaced the Company's prior at-the-market equity offering program (the "Prior ATM Program"), which was scheduled to expire on January 9, 2023. During the nine months ended September 30, 2023, the Company did not issue any shares of common stock under the ATM Program. During the nine months ended September 30, 2022, the Company issued 2.1 million shares of common stock under the Prior ATM Program at an average price per share of $25.40, for total gross proceeds of $53.9 million, excluding commissions. The Company incurred commissions of $0.7 million in conjunction with the Prior ATM Program for the nine months ended September 30, 2022. As of September 30, 2023, $400.0 million of common stock remained available for issuance under the ATM Program. Share Repurchase Program In November 2022, the Company renewed its share repurchase program (the "Repurchase Program") for up to $400.0 million of its common stock. The Repurchase Program is scheduled to expire on November 1, 2025, unless suspended or extended by the Company's board of directors. The Repurchase Program replaced the Company's prior share repurchase program (the "Prior Repurchase Program"), which was scheduled to expire on January 9, 2023. During the nine months ended September 30, 2023 and 2022, the Company did not repurchase any shares of common stock. As of September 30, 2023, the Repurchase Program had $400.0 million of available repurchase capacity. Common Stock In connection with the vesting of restricted stock units ("RSUs") under the Company’s equity-based compensation plan, the Company withholds shares to satisfy tax withholding obligations. During the nine months ended September 30, 2023 and 2022, the Company withheld 0.5 million and 0.4 million shares of its common stock, respectively. Dividends and Distributions During the three months ended September 30, 2023 and 2022, the Company's board of directors declared common stock dividends and OP Unit distributions of $0.26 per share/unit and $0.24 per share/unit, respectively. During the nine months ended September 30, 2023 and 2022, the board of directors declared common stock dividends and OP Unit distributions of $0.78 per share/unit and $0.72 per share/unit, respectively. As of September 30, 2023 and December 31, 2022, the Company had declared but unpaid common stock dividends and OP Unit distributions of $81.6 million and $81.6 million, respectively. These amounts are included in Accounts payable, accrued expenses and other liabilities on the Company’s unaudited Condensed Consolidated Balance Sheets.

Stock Based Compensation

Stock Based Compensation	9 Months Ended
Stock Based Compensation	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Stock Based Compensation	Stock Based Compensation In February 2022, the Company's board of directors approved the 2022 Omnibus Incentive Plan (the "Plan") and in April 2022, the Company's stockholders approved the Plan. The Plan provides for a maximum of 10.0 million shares of the Company’s common stock to be issued for qualified and non-qualified options, stock appreciation rights, restricted stock, RSUs, OP Units, performance awards, and other stock-based awards. Prior to the approval of the Plan, awards were issued under the 2013 Omnibus Incentive Plan that the Company's board of directors approved in 2013. During the nine months ended September 30, 2023 and the year ended December 31, 2022, the Company granted RSUs to certain employees. The RSUs are divided into multiple tranches, which are all subject to service-based vesting conditions. Certain tranches are also subject to performance-based or market-based criteria, which contain a threshold, target, above target, and maximum number of units that can be earned. The number of units actually earned for each tranche is determined based on performance during a specified performance period. Tranches that only have a service-based component can only earn a target number of units. The aggregate number of RSUs granted, assuming the achievement of target level performance, was 0.7 million and 0.7 million for the nine months ended September 30, 2023 and the year ended December 31, 2022, respectively, with vesting periods ranging from one Assumption Nine Months Ended September 30, 2023 Year Ended, Volatility 32.0% - 52.0% 27.0% - 51.0% Weighted average risk-free interest rate 3.79% - 5.18% 1.08% - 1.39% Weighted average common stock dividend yield 4.3% - 4.8% 3.8% - 4.6% During the three months ended September 30, 2023 and 2022, the Company recognized $6.1 million and $6.6 million of equity compensation expense, respectively, of which $0.4 million and $0.5 million was capitalized, respectively. During the nine months ended September 30, 2023 and 2022, the Company recognized $15.7 million and $17.7 million of equity compensation expense, respectively, of which $1.1 million and $1.3 million was capitalized, respectively. These amounts are included in General and administrative expense on the Company’s unaudited Condensed Consolidated Statements of Operations. As of September 30, 2023, the Company had $22.8 million of total unrecognized compensation expense related to unvested stock compensation, which is expected to be recognized over a weighted average period of approximately 2.1 years.

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings per Share Basic earnings per share ("EPS") is calculated by dividing net income attributable to the Company’s common stockholders, including any participating securities, by the weighted average number of shares outstanding for the period. Certain restricted shares issued pursuant to the Company’s share-based compensation program are considered participating securities, as such stockholders have rights to receive non-forfeitable dividends. Fully-diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into shares of common stock. Unvested RSUs are not allocated net losses and/or any excess of dividends declared over net income, as such amounts are allocated entirely to the Company’s common stock. The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2023 and 2022 (dollars in thousands, except per share data): Three Months Nine Months 2023 2022 2023 2022 Computation of Basic Earnings Per Share: Net income $ 63,736 $ 79,741 $ 232,390 $ 247,038 Non-forfeitable dividends on unvested restricted shares (216) (238) (620) (710) Net income attributable to the Company’s common stockholders for basic earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average number shares outstanding – basic 301,007 300,213 300,955 299,626 Basic earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82 Computation of Diluted Earnings Per Share: Net income attributable to the Company’s common stockholders for diluted earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average shares outstanding – basic 301,007 300,213 300,955 299,626 Effect of dilutive securities: Equity awards 1,504 1,128 1,492 1,158 Weighted average shares outstanding – diluted 302,511 301,341 302,447 300,784 Diluted earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82

Earnings per Unit

Earnings per Unit	9 Months Ended
Earnings per Unit	Sep. 30, 2023
Schedule of Earnings per Share [Line Items]
Earnings per Unit	Earnings per Share Basic earnings per share ("EPS") is calculated by dividing net income attributable to the Company’s common stockholders, including any participating securities, by the weighted average number of shares outstanding for the period. Certain restricted shares issued pursuant to the Company’s share-based compensation program are considered participating securities, as such stockholders have rights to receive non-forfeitable dividends. Fully-diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into shares of common stock. Unvested RSUs are not allocated net losses and/or any excess of dividends declared over net income, as such amounts are allocated entirely to the Company’s common stock. The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2023 and 2022 (dollars in thousands, except per share data): Three Months Nine Months 2023 2022 2023 2022 Computation of Basic Earnings Per Share: Net income $ 63,736 $ 79,741 $ 232,390 $ 247,038 Non-forfeitable dividends on unvested restricted shares (216) (238) (620) (710) Net income attributable to the Company’s common stockholders for basic earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average number shares outstanding – basic 301,007 300,213 300,955 299,626 Basic earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82 Computation of Diluted Earnings Per Share: Net income attributable to the Company’s common stockholders for diluted earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average shares outstanding – basic 301,007 300,213 300,955 299,626 Effect of dilutive securities: Equity awards 1,504 1,128 1,492 1,158 Weighted average shares outstanding – diluted 302,511 301,341 302,447 300,784 Diluted earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82
Brixmor Operating Partnership LP
Schedule of Earnings per Share [Line Items]
Earnings per Unit	Earnings per Unit Basic earnings per unit is calculated by dividing net income attributable to the Operating Partnership’s common unitholders, including any participating securities, by the weighted average number of partnership common units outstanding for the period. Certain restricted units issued pursuant to the Company’s share-based compensation program are considered participating securities, as such unitholders have rights to receive non-forfeitable dividends. Fully-diluted earnings per unit reflects the potential dilution that could occur if securities or other contracts to issue common units were exercised or converted into common units. Unvested RSUs are not allocated net losses and/or any excess of dividends declared over net income, as such amounts are allocated entirely to the Operating Partnership’s common units. The following table provides a reconciliation of the numerator and denominator of the earnings per unit calculations for the three and nine months ended September 30, 2023 and 2022 (dollars in thousands, except per unit data): Three Months Ended September 30, Nine Months 2023 2022 2023 2022 Computation of Basic Earnings Per Unit: Net income $ 63,736 $ 79,741 $ 232,390 $ 247,038 Non-forfeitable dividends on unvested restricted units (216) (238) (620) (710) Net income attributable to the Operating Partnership’s common units for basic earnings per unit $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average number common units outstanding – basic 301,007 300,213 300,955 299,626 Basic earnings per unit attributable to the Operating Partnership’s common units: Net income per unit $ 0.21 $ 0.26 $ 0.77 $ 0.82 Computation of Diluted Earnings Per Unit: Net income attributable to the Operating Partnership’s common units for diluted earnings per unit $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average common units outstanding – basic 301,007 300,213 300,955 299,626 Effect of dilutive securities: Equity awards 1,504 1,128 1,492 1,158 Weighted average common units outstanding – diluted 302,511 301,341 302,447 300,784 Diluted earnings per unit attributable to the Operating Partnership’s common units: Net income per unit $ 0.21 $ 0.26 $ 0.77 $ 0.82

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Matters The Company is not presently involved in any material litigation arising outside the ordinary course of business. However, the Company is involved in routine litigation arising in the ordinary course of business, none of which the Company believes, individually or in the aggregate, taking into account existing reserves, will have a material impact on the Company’s financial condition, operating results, or cash flows. Environmental Matters Under various federal, state, and local laws, ordinances, and regulations, the Company may be or become liable for the costs of removal or remediation of certain hazardous or toxic substances released on or in the Company’s properties or disposed of by the Company or its tenants, as well as certain other potential costs that could relate to hazardous or toxic substances (including governmental fines and injuries to persons and property). The Company maintains a reserve for currently known environmental matters and does not believe they will have a material impact on the Company’s financial condition, operating results, or cash flows. During the three and nine months ended September 30, 2023 and 2022, the Company did not incur any material governmental fines resulting from environmental matters.

Related-Party Transactions

Related-Party Transactions	9 Months Ended
Related-Party Transactions	Sep. 30, 2023
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions As of September 30, 2023 and December 31, 2022, there were no material receivables from or payables to related parties. During the three and nine months ended September 30, 2023 and 2022, the Company did not engage in any material related-party transactions.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsIn preparing the unaudited Condensed Consolidated Financial Statements, the Company has evaluated events and transactions occurring after September 30, 2023 for recognition and/or disclosure purposes. Based on this evaluation, there were no subsequent events from September 30, 2023 through the date the financial statements were issued

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2023 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Brian T. Finnegan [Member]
Trading Arrangements, by Individual
Name	Brian T. Finnegan
Title	Senior Executive Vice President and Chief Operating Office
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 31, 2023
Brian T. Finnegan, Share Purchase Agreement [Member] \| Brian T. Finnegan [Member]
Trading Arrangements, by Individual
Aggregate Available	30,000

Nature of Business and Financ_2

Nature of Business and Financial Statement Presentation (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for the fair presentation of the unaudited Condensed Consolidated Financial Statements for the periods presented have been included. The operating results for the periods presented are not necessarily indicative of the results that may be expected for a full fiscal year. These financial statements should be read in conjunction with the financial statements for the year ended December 31, 2022 and accompanying notes included in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 13, 2023.
Principles of Consolidation	Principles of Consolidation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of the Parent Company, the Operating Partnership, each of their wholly owned subsidiaries, and all other entities in which they have a controlling financial interest. All intercompany transactions have been eliminated.
Income Taxes	Income Taxes The Parent Company has elected to qualify as a REIT in accordance with the Internal Revenue Code of 1986, as amended (the “Code”). To qualify as a REIT, the Parent Company must meet several organizational and operational requirements, including a requirement that it annually distribute to its stockholders at least 90% of its REIT taxable income, determined without regard to the deduction for dividends paid and excluding net capital gains. Management intends to continue to satisfy these requirements and maintain the Parent Company's REIT status. As a REIT, the Parent Company generally will not be subject to U.S. federal income tax, provided that distributions to its stockholders equal at least the amount of its REIT taxable income as defined under the Code. The Parent Company conducts substantially all of its operations through the Operating Partnership, which is organized as a limited partnership and treated as a pass-through entity for U.S. federal tax purposes. Therefore, U.S. federal income taxes do not materially impact the unaudited Condensed Consolidated Financial Statements of the Company. If the Parent Company fails to qualify as a REIT in any taxable year, it will be subject to U.S. federal taxes at regular corporate rates and may not be able to qualify as a REIT for the four subsequent taxable years. Even if the Parent Company qualifies for taxation as a REIT, the Parent Company is subject to certain state and local taxes on its income and property, and to U.S. federal income and excise taxes on its undistributed taxable income as well as other income items, as applicable. The Parent Company has elected to treat certain of its subsidiaries as taxable REIT subsidiaries (each a “TRS”), and the Parent Company may in the future elect to treat newly formed and/or other existing subsidiaries as TRSs. A TRS may participate in non-real estate related activities and/or perform non-customary services for tenants and is subject to certain limitations under the Code. A TRS is subject to U.S. federal, state, and local income taxes at regular corporate rates. Income taxes related to the Parent Company’s TRSs do not materially impact the unaudited Condensed Consolidated Financial Statements of the Company. The Company has considered the tax positions taken for the open tax years and has concluded that no provision for income taxes related to uncertain tax positions is required in the Company’s unaudited Condensed Consolidated Financial Statements as of September 30, 2023 and December 31, 2022. Open tax years generally range from 2020 through 2022 but may vary by jurisdiction and issue. The Company recognizes penalties and interest accrued related to unrecognized tax benefits as income tax expense, which is included in Other on the Company’s unaudited Condensed Consolidated Statements of Operations.
New Accounting Pronouncements	New Accounting Pronouncements Any recently issued accounting standards or pronouncements have been excluded as they either are not relevant to the Company, or they are not expected to have a material impact on the unaudited Condensed Consolidated Financial Statements of the Company.

Acquisition of Real Estate (Tab

Acquisition of Real Estate (Tables)	9 Months Ended
Acquisition of Real Estate (Tables)	Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Asset Acquisition	During the nine months ended September 30, 2023, the Company acquired the following asset: Description (1) Location Month Acquired GLA Aggregate Purchase Price (2) Land at Aurora Plaza (3) Aurora, CO Apr-23 N/A $ 1,914 — 1,914 (1) No debt was assumed related to the listed acquisition. (2) Aggregate purchase price includes $0.1 million of transaction costs. (3) The Company terminated a ground lease and acquired the associated land parcel. During the nine months ended September 30, 2022, the Company acquired the following assets, in separate transactions: Description (1) Location Month Acquired GLA Aggregate Purchase Price (2) Brea Gateway Brea, CA Jan-22 181,819 $ 83,991 Land at Cobblestone Village St. Augustine, FL Jan-22 N/A 1,661 Arboretum Village Dallas, TX Jan-22 95,354 46,330 Ravinia Plaza Orland Park, IL Feb-22 101,800 26,160 Elmhurst Crossing Elmhurst, IL Apr-22 347,503 75,096 North Riverside Plaza Berwyn, IL Apr-22 383,884 60,114 West U Marketplace Houston, TX Apr-22 60,136 33,741 Waterford Commons - Ruby Tuesday Waterford, CT May-22 6,781 1,574 Lake Pointe Village Sugarland, TX Jun-22 162,263 80,971 Adjustments related to previously acquired assets Various Various N/A 50 1,339,540 409,688 (1) No debt was assumed related to any of the listed acquisitions. (2) Aggregate purchase price includes $2.0 million of transaction costs, offset by $2.9 million of closing credits. The aggregate purchase price of the assets acquired during the nine months ended September 30, 2023 and 2022, respectively, has been allocated as follows: Nine Months Ended September 30, Assets 2023 2022 Land $ 1,914 $ 84,361 Buildings — 294,241 Building and tenant improvements — 33,352 Above-market leases (1) — 701 In-place leases (2) — 29,607 Total assets acquired $ 1,914 $ 442,262 Liabilities Below-market leases (3) $ — $ 30,748 Other liabilities — 1,826 Total liabilities — 32,574 Net assets acquired $ 1,914 $ 409,688 (1) The weighted average amortization period at the time of acquisition for above-market leases related to assets acquired during the nine months ended September 30, 2022 was 6.5 years. (2) The weighted average amortization period at the time of acquisition for in-place leases related to assets acquired during the nine months ended September 30, 2022 was 12.1 years. (3) The weighted average amortization period at the time of acquisition for below-market leases related to assets acquired during the nine months ended September 30, 2022 was 20.1 years.

Dispositions and Assets Held _2

Dispositions and Assets Held for Sale (Tables)	9 Months Ended
Dispositions and Assets Held for Sale (Tables)	Sep. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Reclassificationa of Disposal Groups, Including Discontinued Operations	The following table presents the assets associated with the properties classified as held for sale: Assets September 30, 2023 December 31, 2022 Land $ 1,818 $ 1,988 Buildings and improvements 13,155 13,864 Accumulated depreciation and amortization (5,285) (5,625) Real estate, net 9,688 10,227 Other assets 325 212 Assets associated with real estate assets held for sale $ 10,013 $ 10,439

Real Estate (Tables)

Real Estate (Tables)	9 Months Ended
Real Estate (Tables)	Sep. 30, 2023
Real Estate [Abstract]
Schedule of real estate properties	The Company’s components of Real estate, net consisted of the following: September 30, 2023 December 31, 2022 Land $ 1,795,807 $ 1,820,358 Buildings and improvements: Buildings and tenant improvements 8,616,743 8,535,279 Lease intangibles (1) 511,881 542,714 10,924,431 10,898,351 Accumulated depreciation and amortization (2) (3,131,183) (2,996,759) Total $ 7,793,248 $ 7,901,592 (1) As of September 30, 2023 and December 31, 2022, Lease intangibles consisted of $463.0 million and $492.0 million, respectively, of in-place leases and $48.9 million and $50.7 million, respectively, of above-market leases. These intangible assets are amortized over the term of each related lease. (2) As of September 30, 2023 and December 31, 2022, Accumulated depreciation and amortization included $448.5 million and $465.2 million, respectively, of accumulated amortization related to Lease intangibles.
Schedule of expected net amortization expense associated with intangible assets and liabilities	The Company’s estimated below-market lease accretion income, net of above-market lease amortization expense, and in-place lease amortization expense for the next five years are as follows: Year ending December 31, Below-market lease accretion (income), net of above-market lease amortization expense In-place lease amortization expense 2023 (remaining three months) $ (2,445) $ 3,449 2024 (9,380) 11,672 2025 (8,173) 8,605 2026 (7,147) 6,150 2027 (6,074) 4,738

Impairments (Tables)

Impairments (Tables)	9 Months Ended
Impairments (Tables)	Sep. 30, 2023
Impairment of Real Estate [Abstract]
Schedule of Impairments	The Company did not recognize any impairments during the three months ended September 30, 2023. The Company recognized the following impairments during the nine months ended September 30, 2023: Nine Months Ended September 30, 2023 Property Name (1) Location GLA Impairment Charge The Quentin Collection Kildeer, IL 171,530 $ 11,705 Broadway Faire - Theater Box (2) Fresno, CA 39,983 2,102 Elk Grove Town Center (2) Elk Grove Village, IL 61,609 1,796 The Manchester Collection - Crossroads (2) Manchester, CT 14,867 1,155 Spring Mall (2) Greenfield, WI 45,920 1,078 333,909 $ 17,836 (1) The Company recognized impairment charges based upon changes in the anticipated hold periods of these properties and/or offers from third party buyers in connection with the Company’s capital recycling program. (2) The Company disposed of this property during the nine months ended September 30, 2023 The Company did not recognize any impairments during the three months ended September 30, 2022. The Company recognized the following impairments during the nine months ended September 30, 2022: Nine Months Ended September 30, 2022 Property Name (1) Location GLA Impairment Charge Torrington Plaza (2) Torrington, CT 125,496 $ 3,509 New Garden Center (2) Kennett Square, PA 147,370 1,088 272,866 $ 4,597 (1) The Company recognized impairment charges based upon changes in the anticipated hold periods of these properties and/or offers from third party buyers in connection with the Company’s capital recycling program. (2) The Company disposed of this property during the year ended December 31, 2022.

Financial Instruments - Deriv_2

Financial Instruments - Derivatives and Hedging (Tables)	9 Months Ended
Financial Instruments - Derivatives and Hedging (Tables)	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of interest rate derivatives	Detail on the Company’s interest rate derivatives designated as cash flow hedges outstanding as of September 30, 2023 and December 31, 2022 is as follows: Number of Instruments Notional Amount September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 Interest Rate Swaps 7 4 $ 500,000 $ 300,000
Schedule of derivative instruments in Statement of Financial Position, fair value	Detail on the fair value of the Company’s interest rate derivatives on a gross and net basis as of September 30, 2023 and December 31, 2022 is as follows: Fair Value of Derivative Instruments Interest rate swaps classified as: September 30, 2023 December 31, 2022 Gross derivative assets $ 12,659 $ 9,640 Gross derivative liabilities — — Net derivative assets $ 12,659 $ 9,640
Schedule of Derivatives in Cash Flow Hedging Relationships	The effective portion of the Company’s interest rate swaps that was recognized on the Company’s unaudited Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2023 and 2022 is as follows: Derivatives in Cash Flow Hedging Relationships Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 Change in unrealized gain on interest rate swaps $ 3,932 $ 5,818 $ 9,906 $ 17,979 Amortization (accretion) of interest rate swaps to interest expense (2,970) 270 (6,887) 3,490 Change in unrealized gain on interest rate swaps, net $ 962 $ 6,088 $ 3,019 $ 21,469

Debt Obligations (Tables)

Debt Obligations (Tables)	9 Months Ended
Debt Obligations (Tables)	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt obligations under various arrangements with financial institutions	As of September 30, 2023 and December 31, 2022, the Company had the following indebtedness outstanding: Carrying Value as of September 30, December 31, Stated Interest Rate (1) Scheduled Notes payable Unsecured notes (2) $ 4,418,805 $ 4,618,453 2.25% – 7.97% 2024 – 2031 Net unamortized premium 21,721 23,787 Net unamortized debt issuance costs (18,753) (22,325) Total notes payable, net $ 4,421,773 $ 4,619,915 Unsecured Credit Facility Revolving Facility (3) $ 5,000 $ 125,000 6.46% 2026 Term Loan Facility (3)(4)(5) 500,000 300,000 6.63% 2027 Net unamortized debt issuance costs (7,616) (9,414) Total Unsecured Credit Facility and term loans $ 497,384 $ 415,586 Total debt obligations, net $ 4,919,157 $ 5,035,501 (1) Stated interest rates as of September 30, 2023 do not include the impact of the Company’s interest rate swap agreements (described below). (2) The weighted average stated interest rate on the Company’s unsecured notes was 3.70% as of September 30, 2023. (3) The Company's Revolving Facility (defined hereafter) and Term Loan Facility (defined hereafter) include a sustainability metric incentive, which can reduce the applicable credit spread by up to two basis points. During the nine months ended September 30, 2023, the Company concluded that it did not qualify for a reduction to the applicable credit spread during the nine months ended September 30, 2023 and year ended December 31, 2022 resulting in a less than $0.1 million increase to interest expense. (4) Effective June 1, 2022, the Company has in place four interest rate swap agreements that convert the variable interest rate on $300.0 million outstanding under the Term Loan Facility (defined hereafter) to a fixed, combined interest rate of 2.59% (plus a spread of 120 basis points) through July 26, 2024. (5) Effective May 1, 2023, the Company has in place three interest rate swap agreements that convert the variable interest rate on $200.0 million outstanding under the Term Loan Facility (defined hereafter) to a fixed, combined interest rate of 3.59% (plus a spread of 120 basis points and a Secured Overnight Financing Rate ("SOFR") adjustment of 10 basis points) through the maturity of the Term Loan Facility (defined hereafter) on July 26, 2027.
Future expected/scheduled maturities of outstanding debt and capital lease obligations	As of September 30, 2023 and December 31, 2022, the Company had accrued interest of $43.6 million and $47.3 million outstanding, respectively. As of September 30, 2023, scheduled maturities of the Company’s outstanding debt obligations were as follows: Year ending December 31, 2023 (remaining three months) $ — 2024 300,352 2025 700,000 2026 612,542 2027 900,000 Thereafter 2,410,911 Total debt maturities 4,923,805 Net unamortized premium 21,721 Net unamortized debt issuance costs (26,369) Total debt obligations, net $ 4,919,157

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
Fair Value Disclosures (Tables)	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Schedule Of Fair Value Debt Obligation	All financial instruments of the Company are reflected in the accompanying unaudited Condensed Consolidated Balance Sheets at amounts which, in management’s judgment, reasonably approximate their fair values, except those instruments listed below: September 30, 2023 December 31, 2022 Carrying Fair Carrying Fair Notes payable $ 4,421,773 $ 3,968,052 $ 4,619,915 $ 4,148,681 Unsecured Credit Facility 497,384 505,000 415,586 425,056 Total debt obligations, net $ 4,919,157 $ 4,473,052 $ 5,035,501 $ 4,573,737
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the placement in the fair value hierarchy of assets that are measured and recognized at fair value on a recurring basis: Fair Value Measurements as of September 30, 2023 Balance Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs Significant Unobservable Inputs Assets: Marketable securities (1) $ 20,609 $ 913 $ 19,696 $ — Interest rate derivatives $ 12,659 $ — $ 12,659 $ — Fair Value Measurements as of December 31, 2022 Balance Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs Significant Unobservable Inputs Assets: Marketable securities (1) $ 21,669 $ 1,088 $ 20,581 $ — Interest rate derivatives $ 9,640 $ — $ 9,640 $ — (1) As of September 30, 2023 and December 31, 2022, marketable securities included $0.5 million and $0.8 million of net unrealized losses, respectively. As of September 30, 2023, the contractual maturities of the Company’s marketable securities were within the next five years. The following table presents the placement in the fair value hierarchy of assets and liabilities that are measured and recognized at fair value on a non-recurring basis. The table includes information related to properties that were remeasured to fair value as a result of impairment testing during the nine months ended September 30, 2023, excluding the properties sold prior to September 30, 2023. During the year ended December 31, 2022, no properties were remeasured to fair value as a result of impairment testing that were not sold prior to December 31, 2022. Fair Value Measurements as of September 30, 2023 Balance Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impairment of Real Estate Assets Assets: Properties (1)(2) $ 14,987 $ — $ — $ 14,987 $ 11,705 (1) Excludes properties disposed of prior to September 30, 2023. (2) The carrying value of The Quentin Collection, which was remeasured to fair value based on an income approach valuation using the direct capitalization method during the nine months ended September 30, 2023, is $15.0 million. The capitalization rate of 8.75% utilized in the analysis was based upon unobservable inputs that the Company believes to be within a reasonable range of current market rates for the property.

Leases (Tables)

Leases (Tables)	9 Months Ended
Leases (Tables)	Sep. 30, 2023
Leases [Abstract]
Schedule of Operating Leases	The following tables present additional information pertaining to the Company’s operating leases: Three Months Ended September 30, Nine Months Ended September 30, Supplemental Statements of Operations Information 2023 2022 2023 2022 Operating lease costs $ 1,410 $ 1,446 $ 4,227 $ 4,497 Variable lease costs 88 — 350 163 Total lease costs $ 1,498 $ 1,446 $ 4,577 $ 4,660 Nine Months Ended September 30, Supplemental Statements of Cash Flows Information 2023 2022 Operating cash outflows from operating leases $ 4,496 $ 4,612 ROU assets obtained in exchange for operating lease liabilities 90 10,708 ROU asset reduction due to dispositions, held for sale, and lease modifications (144) (171) Operating Lease Liabilities As of Future minimum operating lease payments: 2023 (remaining three months) $ 1,512 2024 5,980 2025 5,670 2026 4,917 2027 2,701 2028 1,902 Thereafter 30,956 Total future minimum operating lease payments 53,638 Less: imputed interest (17,040) Less: lease liabilities held for sale — Operating lease liabilities $ 36,598 Supplemental Balance Sheets Information As of As of December 31, 2022 Operating lease liabilities (1)(2) $ 36,598 $ 39,923 ROU assets (1)(3) 32,739 35,754 (1) As of September 30, 2023 and December 31, 2022, the weighted average remaining lease term was 16.1 years and 16.0 years, respectively, and the weighted average discount rate was 4.44% and 4.43%, respectively. (2) These amounts are included in Accounts payable, accrued expenses and other liabilities on the Company’s unaudited Condensed Consolidated Balance Sheets. (3) These amounts are included in Other assets on the Company’s unaudited Condensed Consolidated Balance Sheets.

Stock Based Compensation (Table

Stock Based Compensation (Tables)	9 Months Ended
Stock Based Compensation (Tables)	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Schedule Of Fair Value Assumptions	For the market-based RSUs granted, fair value is based on a Monte Carlo simulation model that assesses the probability of satisfying the market performance hurdles over the remainder of the performance period based on the Company’s historical common stock performance relative to the other companies within the FTSE Nareit Equity Shopping Centers Index as well as the following significant assumptions: Assumption Nine Months Ended September 30, 2023 Year Ended, Volatility 32.0% - 52.0% 27.0% - 51.0% Weighted average risk-free interest rate 3.79% - 5.18% 1.08% - 1.39% Weighted average common stock dividend yield 4.3% - 4.8% 3.8% - 4.6%

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of earnings per share, basic and diluted	The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2023 and 2022 (dollars in thousands, except per share data): Three Months Nine Months 2023 2022 2023 2022 Computation of Basic Earnings Per Share: Net income $ 63,736 $ 79,741 $ 232,390 $ 247,038 Non-forfeitable dividends on unvested restricted shares (216) (238) (620) (710) Net income attributable to the Company’s common stockholders for basic earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average number shares outstanding – basic 301,007 300,213 300,955 299,626 Basic earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82 Computation of Diluted Earnings Per Share: Net income attributable to the Company’s common stockholders for diluted earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average shares outstanding – basic 301,007 300,213 300,955 299,626 Effect of dilutive securities: Equity awards 1,504 1,128 1,492 1,158 Weighted average shares outstanding – diluted 302,511 301,341 302,447 300,784 Diluted earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82

Earnings per Unit (Tables)

Earnings per Unit (Tables)	9 Months Ended
Earnings per Unit (Tables)	Sep. 30, 2023
Schedule of Earnings per Share [Line Items]
Schedule of earnings per unit, basic and diluted	The following table provides a reconciliation of the numerator and denominator of the EPS calculations for the three and nine months ended September 30, 2023 and 2022 (dollars in thousands, except per share data): Three Months Nine Months 2023 2022 2023 2022 Computation of Basic Earnings Per Share: Net income $ 63,736 $ 79,741 $ 232,390 $ 247,038 Non-forfeitable dividends on unvested restricted shares (216) (238) (620) (710) Net income attributable to the Company’s common stockholders for basic earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average number shares outstanding – basic 301,007 300,213 300,955 299,626 Basic earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82 Computation of Diluted Earnings Per Share: Net income attributable to the Company’s common stockholders for diluted earnings per share $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average shares outstanding – basic 301,007 300,213 300,955 299,626 Effect of dilutive securities: Equity awards 1,504 1,128 1,492 1,158 Weighted average shares outstanding – diluted 302,511 301,341 302,447 300,784 Diluted earnings per share attributable to the Company’s common stockholders: Net income per share $ 0.21 $ 0.26 $ 0.77 $ 0.82
Brixmor Operating Partnership LP
Schedule of Earnings per Share [Line Items]
Schedule of earnings per unit, basic and diluted	The following table provides a reconciliation of the numerator and denominator of the earnings per unit calculations for the three and nine months ended September 30, 2023 and 2022 (dollars in thousands, except per unit data): Three Months Ended September 30, Nine Months 2023 2022 2023 2022 Computation of Basic Earnings Per Unit: Net income $ 63,736 $ 79,741 $ 232,390 $ 247,038 Non-forfeitable dividends on unvested restricted units (216) (238) (620) (710) Net income attributable to the Operating Partnership’s common units for basic earnings per unit $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average number common units outstanding – basic 301,007 300,213 300,955 299,626 Basic earnings per unit attributable to the Operating Partnership’s common units: Net income per unit $ 0.21 $ 0.26 $ 0.77 $ 0.82 Computation of Diluted Earnings Per Unit: Net income attributable to the Operating Partnership’s common units for diluted earnings per unit $ 63,520 $ 79,503 $ 231,770 $ 246,328 Weighted average common units outstanding – basic 301,007 300,213 300,955 299,626 Effect of dilutive securities: Equity awards 1,504 1,128 1,492 1,158 Weighted average common units outstanding – diluted 302,511 301,341 302,447 300,784 Diluted earnings per unit attributable to the Operating Partnership’s common units: Net income per unit $ 0.21 $ 0.26 $ 0.77 $ 0.82

Nature of Business and Financ_3

Nature of Business and Financial Statement Presentation (Details)	Sep. 30, 2023 ft² Property	Sep. 30, 2022 ft²
Nture of Oerations and Financial Statements Presentation [Line Items]
GLA	0	1,339,540
Shopping Center
Nture of Oerations and Financial Statements Presentation [Line Items]
Number of real estate properties \| Property	364
GLA	65,000,000
Parent Company \| BPG Sub \| Brixmor OP GP LLC
Nture of Oerations and Financial Statements Presentation [Line Items]
Ownership percentage	100%

Acquisition of Real Estate - Pr

Acquisition of Real Estate - Properties Acquired (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023 USD ($) ft²	Sep. 30, 2023 USD ($) ft²	Sep. 30, 2022 USD ($) ft²
Asset Acquisition [Line Items]
GLA \| ft²	0	0	1,339,540
Aggregate Purchase Price		$ 1,914	$ 409,688
Transaction costs	$ 100	2,000
Closing credits		2,900
Land at Aurora Plaza
Asset Acquisition [Line Items]
Aggregate Purchase Price		$ 1,914
Brea Gateway
Asset Acquisition [Line Items]
GLA \| ft²			181,819
Aggregate Purchase Price			$ 83,991
Land at Cobblestone Village
Asset Acquisition [Line Items]
Aggregate Purchase Price			$ 1,661
Arboretum Village
Asset Acquisition [Line Items]
GLA \| ft²			95,354
Aggregate Purchase Price			$ 46,330
Ravinia Plaza
Asset Acquisition [Line Items]
GLA \| ft²			101,800
Aggregate Purchase Price			$ 26,160
Elmhurst Crossing
Asset Acquisition [Line Items]
GLA \| ft²			347,503
Aggregate Purchase Price			$ 75,096
North Riverside Plaza
Asset Acquisition [Line Items]
GLA \| ft²			383,884
Aggregate Purchase Price			$ 60,114
West U Marketplace
Asset Acquisition [Line Items]
GLA \| ft²			60,136
Aggregate Purchase Price			$ 33,741
Waterford Commons - Ruby Tuesday
Asset Acquisition [Line Items]
GLA \| ft²			6,781
Aggregate Purchase Price			$ 1,574
Lake Pointe Village
Asset Acquisition [Line Items]
GLA \| ft²			162,263
Aggregate Purchase Price			$ 80,971
Adjustments related to previously acquired assets
Asset Acquisition [Line Items]
Aggregate Purchase Price			$ 50

Acquisition of Real Estate (Pur

Acquisition of Real Estate (Purchase Price) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Asset Acquisition [Line Items]
Total assets acquired	$ 1,914	$ 409,688
Above market leases
Asset Acquisition [Line Items]
Useful life (in years)		6 years 6 months
Leases, acquired-in-place
Asset Acquisition [Line Items]
Useful life (in years)		12 years 1 month 6 days
Below market leases
Asset Acquisition [Line Items]
Useful life (in years)		20 years 1 month 6 days
Acquired Properties
Asset Acquisition [Line Items]
Land	1,914	$ 84,361
Buildings	0	294,241
Building and tenant improvements	0	33,352
Above-market leases	0	701
In-place Leases	0	29,607
Total assets acquired	1,914	442,262
Below-market lease	0	30,748
Other liabilities	0	1,826
Total liabilities	0	32,574
Net assets acquired	$ 1,914	$ 409,688

Dispositions and Assets Held _3

Dispositions and Assets Held for Sale (Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($) shopping_center land_parcel property	Sep. 30, 2022 USD ($) shopping_center	Sep. 30, 2023 USD ($) shopping_center property	Sep. 30, 2022 USD ($) shopping_center	Dec. 31, 2022 property
Schedule of Acquisitions and Dispositions [Line Items]
Gain on sale of real estate assets			$ 59,037	$ 60,667
Provisions of impairment			$ 6,100	$ 4,600
Number of shopping centers seized \| shopping_center				1
Disposed of by Sale
Schedule of Acquisitions and Dispositions [Line Items]
Number of shopping centers sold \| shopping_center	1	1	9	11
Number of partial shopping centers sold \| shopping_center	1	3	8	7
Proceeds from sale of property	$ 2,800	$ 28,200
Gain on sale of real estate assets	$ 2,300	13,500
Number of land parcels sold \| land_parcel	1
Disposed of by Sale \| Partial Properties
Schedule of Acquisitions and Dispositions [Line Items]
Proceeds from sale of property	$ 16,600		$ 161,900	$ 168,200
Gain on sale of real estate assets	6,800		58,900	$ 58,200
Resolved contingency loss from previously disposed assets	$ 100
Disposed of by Sale \| Non-operating
Schedule of Acquisitions and Dispositions [Line Items]
Proceeds from sale of property			300
Disposed of by Sale \| Previously Disposed Assets
Schedule of Acquisitions and Dispositions [Line Items]
Proceeds from sale of property			2,800
Gain on sale of real estate assets		$ 2,400	$ 100
Held-for-sale
Schedule of Acquisitions and Dispositions [Line Items]
Number of real estate properties \| property	1		1		1
Held-for-sale \| Partial Properties
Schedule of Acquisitions and Dispositions [Line Items]
Number of real estate properties \| property					2

Dispositions and Assets Held _4

Dispositions and Assets Held for Sale (Held for Sale) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Assets associated with real estate assets held for sale	$ 10,013	$ 10,439
Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Land	1,818	1,988
Buildings and improvements	13,155	13,864
Accumulated depreciation and amortization	(5,285)	(5,625)
Real estate, net	9,688	10,227
Other assets	325	212
Assets associated with real estate assets held for sale	$ 10,013	$ 10,439

Real Estate (Details)

Real Estate (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Real Estate (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Land	$ 1,795,807		$ 1,795,807		$ 1,820,358
Building and tenant improvements	8,616,743		8,616,743		8,535,279
Lease intangibles	511,881		511,881		542,714
Real estate, gross	10,924,431		10,924,431		10,898,351
Accumulated depreciation and amortization	(3,131,183)		(3,131,183)		(2,996,759)
Total	7,793,248		7,793,248		7,901,592
Accumulated amortization	448,500		448,500		465,200
Intangible liabilities relating to below-market leases	334,000		334,000		349,700
Accumulated amortization on below-market leases	247,700		247,700		252,900
Below-market lease intangible amortization	3,300	$ 3,300	9,400	$ 9,200
Amortization of intangible assets	4,500	$ 5,100	12,900	$ 14,000
Below-market lease accretion (income), net of above-market lease amortization expense
2023 (remaining three months)	(2,445)		(2,445)
2024	(9,380)		(9,380)
2025	(8,173)		(8,173)
2026	(7,147)		(7,147)
2027	(6,074)		(6,074)
In-place lease amortization expense
2023 (remaining three months)	3,449		3,449
2024	11,672		11,672
2025	8,605		8,605
2026	6,150		6,150
2027	4,738		4,738
Leases, acquired-in-place
Real Estate Owned, Disclosure of Detailed Components [Abstract]
In-place lease value	463,000		463,000		492,000
Above market leases
Real Estate Owned, Disclosure of Detailed Components [Abstract]
Above market leases	$ 48,900		$ 48,900		$ 50,700

Impairments (Details)

Impairments (Details) $ in Thousands	9 Months Ended
Impairments (Details) $ in Thousands	Sep. 30, 2023 USD ($) ft²	Sep. 30, 2022 USD ($) ft²
Real Estate Properties [Line Items]
GLA \| ft²	333,909	272,866
Impairment of real estate assets \| $	$ 17,836	$ 4,597
The Quentin Collection
Real Estate Properties [Line Items]
GLA \| ft²	171,530
Impairment of real estate assets \| $	$ 11,705
Broadway Faire - Theater Box
Real Estate Properties [Line Items]
GLA \| ft²	39,983
Impairment of real estate assets \| $	$ 2,102
Elk Grove Town Center
Real Estate Properties [Line Items]
GLA \| ft²	61,609
Impairment of real estate assets \| $	$ 1,796
Spring Mall
Real Estate Properties [Line Items]
GLA \| ft²	45,920
Impairment of real estate assets \| $	$ 1,078
The Manchester Collection
Real Estate Properties [Line Items]
GLA \| ft²	14,867
Impairment of real estate assets \| $	$ 1,155
Torrington Plaza
Real Estate Properties [Line Items]
GLA \| ft²		125,496
Impairment of real estate assets \| $		$ 3,509
New Garden Center
Real Estate Properties [Line Items]
GLA \| ft²		147,370
Impairment of real estate assets \| $		$ 1,088

Financial Instruments - Deriv_3

Financial Instruments - Derivatives and Hedging (Narrative) (Details)	3 Months Ended			9 Months Ended
	Sep. 30, 2023 USD ($)	Mar. 31, 2023 derivative_instrument	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) agreement	Sep. 30, 2022 USD ($)	May 01, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Forward starting interest rate swap agreements \| agreement				3
Maximum
Debt Instrument [Line Items]
Amount expected to be reclassified from accumulated other comprehensive income (loss) in the next twelve months	$ 10,300,000
Interest Rate Swap \| Designated as Hedging Instrument
Debt Instrument [Line Items]
Notional amount	$ 500,000,000			$ 500,000,000		$ 200,000,000	$ 300,000,000
Forward interest rate	3.59%			3.59%
Number of instruments entered \| derivative_instrument		0
Gain (loss) on derivative	$ 0		$ 0	$ 0	$ 0

Financial Instruments - Deriv_4

Financial Instruments - Derivatives and Hedging (Notional Amount) (Details) - Interest Rate Swap - Designated as Hedging Instrument $ in Thousands	Sep. 30, 2023 USD ($) derivative_instrument	May 01, 2023 USD ($)	Dec. 31, 2022 USD ($) derivative_instrument
Derivative [Line Items]
Number of Instruments \| derivative_instrument	7		4
Notional amount \| $	$ 500,000	$ 200,000	$ 300,000

Financial Instruments - Deriv_5

Financial Instruments - Derivatives and Hedging (Fair Value) (Details) - Interest Rate Swap - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Derivatives, Fair Value [Line Items]
Gross derivative assets	$ 12,659	$ 9,640
Gross derivative liabilities	0	0
Net derivative assets	$ 12,659	$ 9,640

Financial Instruments - Deriv_6

Financial Instruments - Derivatives and Hedging (Cash Flow Hedging Relationship) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Change in unrealized gain on interest rate swaps	$ 3,932	$ 5,818	$ 9,906	$ 17,979
Amortization (accretion) of interest rate swaps to interest expense	(2,970)	270	(6,887)	3,490
Change in unrealized gain on interest rate swaps, net	$ 962	$ 6,088	$ 3,019	$ 21,469

Debt Obligations (Shedule of De

Debt Obligations (Shedule of Debt) (Details) $ in Thousands		3 Months Ended
Debt Obligations (Shedule of Debt) (Details) $ in Thousands	Jun. 01, 2022 USD ($) derivative_instrument	Mar. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	May 01, 2023 USD ($) derivative_instrument	Apr. 25, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt obligations under various arrangements with financial institutions
Long-term debt			$ 4,923,805
Net unamortized debt issuance costs			(26,369)
Total debt obligations			4,919,157			$ 5,035,501
Increase to interest expense		$ 100
Term loan face amount					$ 199,600
Unsecured Debt
Debt obligations under various arrangements with financial institutions
Long-term debt			4,418,805			4,618,453
Net unamortized premium			21,721			23,787
Net unamortized debt issuance costs			(18,753)			(22,325)
Long-term debt			$ 4,421,773			4,619,915
Weighted average fixed interest rate			3.70%
Unsecured Debt \| Minimum
Debt obligations under various arrangements with financial institutions
Stated percentage			2.25%
Unsecured Debt \| Maximum
Debt obligations under various arrangements with financial institutions
Stated percentage			7.97%
Unsecured Debt \| Unsecured Credit Facility
Debt obligations under various arrangements with financial institutions
Long-term debt			$ 5,000			125,000
Stated percentage			6.46%
Unsecured Debt \| Unsecured Credit Facility \| Brixmor Operating Partnership LP
Debt obligations under various arrangements with financial institutions
Term loan face amount			$ 1,250,000
Unsecured Debt \| Term Loan \| Unsecured $300 Million Term Loan
Debt obligations under various arrangements with financial institutions
Long-term debt			$ 500,000			300,000
Stated percentage			6.63%
Term loan face amount	$ 300,000
Effective percentage	2.59%
Unsecured Debt \| Term Loan \| Unsecured $300 Million Term Loan \| Through July 26, 2024
Debt obligations under various arrangements with financial institutions
Stated spread rate	1.20%
Unsecured Debt \| Term Loan \| Unsecured $300 Million Term Loan \| Interest Rate Swap
Debt obligations under various arrangements with financial institutions
Number of Instruments \| derivative_instrument	4
Unsecured Debt \| Term Loan \| Unsecured $200M Term Loan \| Interest Rate Swap
Debt obligations under various arrangements with financial institutions
Number of Instruments \| derivative_instrument				3
Term loan face amount				$ 200,000
Effective percentage				3.59%
Unsecured Debt \| Unsecured Credit Facility and Term Loan
Debt obligations under various arrangements with financial institutions
Net unamortized debt issuance costs			$ (7,616)			(9,414)
Long-term debt			$ 497,384			$ 415,586

Debt Obligations (Narrative) (D

Debt Obligations (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Apr. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Apr. 25, 2023	Dec. 31, 2022	Jun. 01, 2022
Debt Instrument [Line Items]
Term loan face amount						$ 199,600
Gain (loss) on extinguishment of debt, net		$ 6	$ 0	$ 4,356	$ (221)
Long-term debt		4,923,805		4,923,805
2024 Notes
Debt Instrument [Line Items]
Long-term debt		300,400		300,400
Brixmor Operating Partnership LP
Debt Instrument [Line Items]
Gain (loss) on extinguishment of debt, net		6	$ 0	4,356	$ (221)
Unsecured Debt
Debt Instrument [Line Items]
Long-term debt		$ 4,418,805		$ 4,418,805			$ 4,618,453
Unsecured Debt \| 2024 Notes
Debt Instrument [Line Items]
Term loan face amount	$ 300,400
Stated percentage	3.65%
Payment for debt extinguishment cost	$ 199,600
Unsecured Credit Facility \| Unsecured Debt
Debt Instrument [Line Items]
Stated percentage		6.46%		6.46%
Long-term debt		$ 5,000		$ 5,000			$ 125,000
Unsecured Credit Facility \| Unsecured Debt \| Brixmor Operating Partnership LP
Debt Instrument [Line Items]
Amount borrowed		120,000		120,000
Term loan face amount		$ 1,250,000		$ 1,250,000
Term Loan \| Unsecured Debt \| Term Loan Facility
Debt Instrument [Line Items]
Term loan face amount								$ 200,000

Debt Obligations (Maturities) (

Debt Obligations (Maturities) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
Interest payable	$ 43,600	$ 47,300
Future expected/scheduled maturities of outstanding debt and capital lease
2023 (remaining three months)	0
2024	300,352
2025	700,000
2026	612,542
2027	900,000
Thereafter	2,410,911
Total debt maturities	4,923,805
Net unamortized premium	21,721
Net unamortized debt issuance costs	(26,369)
Total debt obligations, net	$ 4,919,157	$ 5,035,501

Fair Value Disclosures (Debt Ob

Fair Value Disclosures (Debt Obligations) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Estimated fair value of the Company's debt obligations compared to their carrying amounts
Total debt obligations, net	$ 4,919,157	$ 5,035,501
Carrying Amount
Estimated fair value of the Company's debt obligations compared to their carrying amounts
Notes payable	4,421,773	4,619,915
Unsecured credit facility and term loan	497,384	415,586
Total debt obligations, net	4,919,157	5,035,501
Fair Value
Estimated fair value of the Company's debt obligations compared to their carrying amounts
Notes payable	3,968,052	4,148,681
Unsecured credit facility and term loan	505,000	425,056
Total debt obligations	$ 4,473,052	$ 4,573,737

Fair Value Disclosures (Measure

Fair Value Disclosures (Measurements) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2022	Jun. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of real estate assets			$ 17,836	$ 4,597
Marketable securities, unrealized gain		$ 800	$ (500)
Capitalization rate			8.75%
The Manchester Collection
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Real estate investment, fair value			$ 15,000
Fair Value, Measurements, Recurring \| Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			20,609		$ 21,669
Fair Value, Measurements, Recurring \| Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			12,659		9,640
Fair Value, Measurements, Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			913		1,088
Fair Value, Measurements, Recurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			0		0
Fair Value, Measurements, Recurring \| Significant Other Observable Inputs (Level 2) \| Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			19,696		20,581
Fair Value, Measurements, Recurring \| Significant Other Observable Inputs (Level 2) \| Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			12,659		9,640
Fair Value, Measurements, Recurring \| Significant Unobservable Inputs (Level 3) \| Marketable Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			0		0
Fair Value, Measurements, Recurring \| Significant Unobservable Inputs (Level 3) \| Interest rate derivatives
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			0		$ 0
Fair Value, Measurements, Nonrecurring \| Properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			14,987
Impairment of real estate assets	$ 11,705
Fair Value, Measurements, Nonrecurring \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			0
Fair Value, Measurements, Nonrecurring \| Significant Other Observable Inputs (Level 2) \| Properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			0
Fair Value, Measurements, Nonrecurring \| Significant Unobservable Inputs (Level 3) \| Properties
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset			$ 14,987

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Revenue Recognition (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue performance obligation term (less than)			1 year
Revenue performance obligation term (more than)			25 years
Rental income based on percentage rents	$ 1.6	$ 1.3	$ 7.3	$ 7.1

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Additional term of contract			100 years
Less: lease liabilities held for sale	$ 0		$ 0
Supplemental Statements of Operations Information
Operating lease costs	1,410	$ 1,446	4,227	$ 4,497
Variable lease costs	88	0	350	163
Total lease costs	1,498	$ 1,446	4,577	4,660
Supplemental Statements of Cash Flows Information
Operating cash outflows from operating leases			4,496	4,612
ROU assets obtained in exchange for operating lease liabilities			90	10,708
ROU asset reduction due to dispositions, held for sale, and lease modifications			(144)	$ (171)
Operating Lease Liabilities
2023 (remaining three months)	1,512		1,512
2024	5,980		5,980
2025	5,670		5,670
2026	4,917		4,917
2027	2,701		2,701
2028	1,902		1,902
Thereafter	30,956		30,956
Total future minimum operating lease payments	53,638		53,638
Less: imputed interest	(17,040)		(17,040)
Less: lease liabilities held for sale	0		0
Operating lease liabilities	36,598		36,598		$ 39,923
ROU asset	$ 32,739		$ 32,739		$ 35,754
Weighted average remaining lease term	16 years 1 month 6 days		16 years 1 month 6 days		16 years
Weighted average discount rate	4.44%		4.44%		4.43%
Minimum
Lessee, Lease, Description [Line Items]
Term of contract	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	50 years		50 years

Equity and Capital (Details)

Equity and Capital (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Nov. 30, 2022
Schedule of Shareholders' Equity [Line Items]
At-the-market equity offering program, stock available for future issuance							$ 400
Available repurchase amount	$ 400						$ 400
Dividends, per common share (in dollars per share)	$ 0.260	$ 0.260	$ 0.260	$ 0.240	$ 0.240	$ 0.240	$ 0.78	$ 0.72
Accounts Payable and Accrued Liabilities
Schedule of Shareholders' Equity [Line Items]
Dividends payable	$ 81.6						$ 81.6		$ 81.6
Common Stock
Schedule of Shareholders' Equity [Line Items]
At-the-market equity offering program										$ 400
At-the-market equity offering program, shares issued (in shares)							2.1
At-the-market equity offering program, shares issued (in dollars per share)							$ 25.40
At-the-market equity offering program, shares issued							$ 53.9
Incurred commissions							$ 0.7
Common Stock \| RSUs
Schedule of Shareholders' Equity [Line Items]
Stock repurchased during period (in shares)							0.5	0.4
Common Stock \| Maximum
Schedule of Shareholders' Equity [Line Items]
Share repurchase program, authorized amount										$ 400

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	10,000,000			10,000,000
Grants in period		700,000		700,000
Equity based compensation, net	$ 6.1		$ 6.6	$ 15.7	$ 17.7
Amount capitalized	(0.4)		$ (0.5)	(1.1)	$ (1.3)
Compensation cost not yet recognized	$ 22.8			$ 22.8
Weighted average remaining contractual term				2 years 1 month 6 days
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period				1 year
Expected volatility rate		27%		32%
Risk free interest rate		1.08%		3.79%
Expected dividend rate		3.80%		4.30%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period				5 years
Expected volatility rate		51%		52%
Risk free interest rate		1.39%		5.18%
Expected dividend rate		4.60%		4.80%

Stock Based Compensation (Assum

Stock Based Compensation (Assumptions) (Details)	3 Months Ended	9 Months Ended
Stock Based Compensation (Assumptions) (Details)	Mar. 31, 2023	Sep. 30, 2023
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility rate	27%	32%
Risk free interest rate	1.08%	3.79%
Expected dividend rate	3.80%	4.30%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility rate	51%	52%
Risk free interest rate	1.39%	5.18%
Expected dividend rate	4.60%	4.80%

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share, Basic [Abstract]
Net income	$ 63,736	$ 79,741	$ 232,390	$ 247,038
Non-forfeitable dividends on unvested restricted shares	(216)	(238)	(620)	(710)
Net income attributable to the Company’s common stockholders for basic earnings per share	$ 63,520	$ 79,503	$ 231,770	$ 246,328
Weighted average number shares outstanding – basic	301,007	300,213	300,955	299,626
Net income per share (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Computation of Diluted Earnings Per Share:
Net income attributable to the Company’s common stockholders for diluted earnings per share	$ 63,520	$ 79,503	$ 231,770	$ 246,328
Equity awards (in shares)	1,504	1,128	1,492	1,158
Weighted average shares outstanding - diluted (in shares)	302,511	301,341	302,447	300,784
Net income per share (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82

Earnings per Unit (Details)

Earnings per Unit (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Schedule of Earnings per Share [Line Items]
Net income	$ 63,736	$ 79,741	$ 232,390	$ 247,038
Non-forfeitable dividends on unvested restricted shares	(216)	(238)	(620)	(710)
Net income attributable to the Company’s common stockholders for basic earnings per share	$ 63,520	$ 79,503	$ 231,770	$ 246,328
Weighted average number shares outstanding – basic	301,007	300,213	300,955	299,626
Net income per share (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Net income attributable to the Company’s common stockholders for diluted earnings per share	$ 63,520	$ 79,503	$ 231,770	$ 246,328
Equity awards (in shares)	1,504	1,128	1,492	1,158
Weighted average shares outstanding - diluted (in shares)	302,511	301,341	302,447	300,784
Net income per share (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Brixmor Operating Partnership LP
Schedule of Earnings per Share [Line Items]
Net income	$ 63,736	$ 79,741	$ 232,390	$ 247,038
Non-forfeitable dividends on unvested restricted shares	(216)	(238)	(620)	(710)
Net income attributable to the Company’s common stockholders for basic earnings per share	$ 63,520	$ 79,503	$ 231,770	$ 246,328
Weighted average number shares outstanding – basic	301,007	300,213	300,955	299,626
Net income per share (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82
Net income attributable to the Company’s common stockholders for diluted earnings per share	$ 63,520	$ 79,503	$ 231,770	$ 246,328
Equity awards (in shares)	1,504	1,128	1,492	1,158
Weighted average shares outstanding - diluted (in shares)	302,511	301,341	302,447	300,784
Net income per share (usd per share)	$ 0.21	$ 0.26	$ 0.77	$ 0.82

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	3 Months Ended		9 Months Ended
Commitments and Contingencies (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Environmental Matters
Loss Contingencies [Line Items]
Litigation settlement	$ 0	$ 0	$ 0	$ 0

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($)	3 Months Ended		9 Months Ended
Related-Party Transactions (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Related Party Transactions [Abstract]
Related party transactions	$ 0	$ 0	$ 0	$ 0