Excel Trust 10-K 2 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Feb. 26, 2015	Jun. 30, 2014
Document Information [Line Items]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Trading Symbol	EXL
Entity Registrant Name	EXCEL TRUST, INC.
Entity Central Index Key	1478950
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		63,444,781
Entity Public Float			$819,100,000
Excel Trust, L.P.
Document Information [Line Items]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Registrant Name	EXCEL TRUST, L.P.
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Property:
Land	$455,112		$380,366
Buildings	921,604		642,356
Site improvements	87,305		63,242
Tenant improvements	70,549		54,025
Construction in progress	8,819		7,576
Less accumulated depreciation	-90,543		-61,479
Property, net	1,452,846		1,086,086
Cash and cash equivalents	6,603		3,245
Restricted cash	8,272		8,147
Tenant receivables, net	5,794		5,117
Lease intangibles, net	123,373		78,345
Deferred rent receivable	11,479		9,226
Other assets	32,081		20,135
Investment in unconsolidated entities	6,689		8,520
Total assets	1,647,137	[1]	1,218,821	[1]
Liabilities:
Mortgages payable, net	192,748		251,191
Notes payable	238,000		179,500
Unsecured notes	398,758		100,000
Accounts payable and other liabilities	34,338		21,700
Lease intangibles, net	42,470		28,114
Dividends/distributions payable	12,857		10,932
Total liabilities	919,171	[2]	591,437	[2]
Commitments and contingencies
Stockholders' equity:
Common stock, $.01 par value, 200,000,000 shares authorized; 61,113,372 and 48,381,365 shares issued and outstanding at December 31, 2014 and 2013, respectively	610		482
Additional paid-in capital	597,723		478,541
Cumulative earnings	0		0
Stockholders Equity Before Accumulated Other Comprehensive Loss, Total	715,221		615,446
Accumulated other comprehensive income	168
Total stockholders' equity	715,389		615,446
Non-controlling interests	12,577		11,938
Total equity	727,966		627,384
Partners' Capital:
Accumulated other comprehensive income	168
Total liabilities and capital	1,647,137		1,218,821
Excel Trust, L.P.
Property:
Land	455,112		380,366
Buildings	921,604		642,356
Site improvements	87,305		63,242
Tenant improvements	70,549		54,025
Construction in progress	8,819		7,576
Less accumulated depreciation	-90,543		-61,479
Property, net	1,452,846		1,086,086
Cash and cash equivalents	6,603		3,245
Restricted cash	8,272		8,147
Tenant receivables, net	5,794		5,117
Lease intangibles, net	123,373		78,345
Deferred rent receivable	11,479		9,226
Other assets	32,081		20,135
Investment in unconsolidated entities	6,689		8,520
Total assets	1,647,137	[3]	1,218,821	[3]
Liabilities:
Mortgages payable, net	192,748		251,191
Notes payable	238,000		179,500
Unsecured notes	398,758		100,000
Accounts payable and other liabilities	34,338		21,700
Lease intangibles, net	42,470		28,114
Dividends/distributions payable	12,857		10,932
Total liabilities	919,171	[4]	591,437	[4]
Commitments and contingencies
Stockholders' equity:
Accumulated other comprehensive income	171
Partners' Capital:
Limited partners' capital	1,428		2,166
General partner's capital	606,982		487,134
Partners Capital Excluding Accumulated Other Comprehensive Income Loss, Total	725,298		625,723
Accumulated other comprehensive income	171
Total partners' capital	725,469		625,723
Non-controlling interests	2,497		1,661
Total capital	727,966		627,384
Total liabilities and capital	1,647,137		1,218,821
7.00% Series A cumulative convertible perpetual preferred units | Excel Trust, L.P.
Partners' Capital:
Preferred units	28,168		47,703
8.125% Series B cumulative redeemable preferred units | Excel Trust, L.P.
Partners' Capital:
Preferred units	88,720		88,720
7.00% Series A cumulative convertible perpetual preferred stock
Stockholders' equity:
Preferred Stock	28,168		47,703
8.125% Series B cumulative redeemable preferred stock
Stockholders' equity:
Preferred Stock	$88,720		$88,720
[1]	Excel Trust Inc.'s consolidated total assets at December 31, 2014 and 2013 include $39,783 and $15,470, respectively, of assets (primarily real estate assets) of two variable interest entities ("VIEs") that can only be used to settle the liabilities of those VIEs.
[2]	The Company's consolidated total liabilities at December 31, 2014 and 2013 include $823 and $220 of accounts payable and other liabilities, respectively, that do not have recourse to Excel Trust, Inc.
[3]	Excel Trust L.P.'s consolidated total assets at December 31, 2014 and 2013 include $39,783 and $15,470, respectively, of assets (primarily real estate assets) of two VIEs that can only be used to settle the liabilities of those VIEs.
[4]	Excel Trust, L.P.'s consolidated total liabilities at December 31, 2014 and 2013 include $823 and $220 of accounts payable and other liabilities, respectively, that do not have recourse to Excel Trust, Inc.

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014		Dec. 31, 2013
Preferred stock, shares authorized	50,000,000		50,000,000
Common stock, par value	$0.01		$0.01
Common stock, shares authorized	200,000,000		200,000,000
Common stock, shares issued	61,113,372		48,381,365
Common stock, shares outstanding	61,113,372		48,381,365
Total Asset	$1,647,137,000	[1]	$1,218,821,000	[1]
Total Liabilities	919,171,000	[2]	591,437,000	[2]
Excel Trust, L.P.
Total Asset	1,647,137,000	[3]	1,218,821,000	[3]
Total Liabilities	919,171,000	[4]	591,437,000	[4]
Preferred units, units authorized	50,000,000		50,000,000
Limited partners' capital, units issued	1,019,523		1,019,523
Limited partners' capital, units outstanding	1,019,523		1,019,523
General partner's capital, units issued	61,113,372		48,381,365
General partner's capital, units outstanding	61,113,372		48,381,365
7.00% Series A cumulative convertible perpetual preferred stock
Preferred stock dividend rate percentage	7.00%		7.00%
Liquidation preference	50,000,000		50,000,000
Liquidation preference, per share	$25		$25
Preferred stock, shares issued	1,180,975		2,000,000
Preferred stock, shares outstanding	1,180,975		2,000,000
8.125% Series B cumulative redeemable preferred stock
Preferred stock dividend rate percentage	812.50%		812.50%
Liquidation preference	92,000,000		92,000,000
Liquidation preference, per share	$25		$25
Preferred stock, shares issued	3,680,000		3,680,000
Preferred stock, shares outstanding	3,680,000		3,680,000
Variable Interest Entities
Total Asset	39,738,000		15,470,000
Variable Interest Entities | Excel Trust, L.P.
Total Asset	39,783,000		15,470,000
Variable Interest Entities | Accounts Payable And Other Liabilities
Total Liabilities	823,000		220,000
Variable Interest Entities | Accounts Payable And Other Liabilities | Excel Trust, L.P.
Total Liabilities	823,000		220,000
7.00% Series A cumulative convertible perpetual preferred units | Excel Trust, L.P.
Preferred stock dividend rate percentage	7.00%		7.00%
Liquidation preference	50,000,000		50,000,000
Liquidation preference, per unit	$25		$25
Preferred units, units issued	1,180,975		2,000,000
Preferred units, units outstanding	1,180,975		2,000,000
8.125% Series B cumulative redeemable preferred units | Excel Trust, L.P.
Preferred stock dividend rate percentage	8.13%		8.13%
Liquidation preference	$92,000,000		$92,000,000
Liquidation preference, per unit	$25		$25
Preferred units, units issued	3,680,000		3,680,000
Preferred units, units outstanding	3,680,000		3,680,000
[1]	Excel Trust Inc.'s consolidated total assets at December 31, 2014 and 2013 include $39,783 and $15,470, respectively, of assets (primarily real estate assets) of two variable interest entities ("VIEs") that can only be used to settle the liabilities of those VIEs.
[2]	The Company's consolidated total liabilities at December 31, 2014 and 2013 include $823 and $220 of accounts payable and other liabilities, respectively, that do not have recourse to Excel Trust, Inc.
[3]	Excel Trust L.P.'s consolidated total assets at December 31, 2014 and 2013 include $39,783 and $15,470, respectively, of assets (primarily real estate assets) of two VIEs that can only be used to settle the liabilities of those VIEs.
[4]	Excel Trust, L.P.'s consolidated total liabilities at December 31, 2014 and 2013 include $823 and $220 of accounts payable and other liabilities, respectively, that do not have recourse to Excel Trust, Inc.

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Rental revenue	$105,572	$92,294	$69,155
Tenant recoveries	21,605	18,875	13,835
Other income	3,146	1,373	1,431
Total revenues	130,323	112,542	84,421
Expenses:
Maintenance and repairs	9,369	7,328	5,557
Real estate taxes	13,427	12,756	9,693
Management fees	2,101	1,772	851
Other operating expenses	6,965	6,194	4,028
Changes in fair value of contingent consideration		-1,568	-281
General and administrative	18,009	13,871	13,796
Depreciation and amortization	50,661	46,146	34,800
Total expenses	100,532	86,499	68,444
Operating income	29,791	26,043	15,977
Interest expense	-24,167	-18,944	-15,650
Interest income	240	204	173
Income (loss) from equity in unconsolidated entities	2,578	40	-320
Changes in fair value of financial instruments and gain on OP unit redemption		230	1,530
Loss on extinguishment of debt from sale of real estate asset	-5,192
Gain on sale of real estate assets	5,842
Income from continuing operations	9,092	7,573	1,710
Income from discontinued operations before gain on sale of real estate assets		464	135
Gain on sale of real estate assets		12,055
Income from discontinued operations		12,519	135
Net income	9,092	20,092	1,845
Net (income) loss attributable to non-controlling interests	-340	-568	18
Net income attributable to Parent	8,752	19,524	1,863
Preferred stock dividends	-10,380	-10,976	-10,353
Cost of redemption of preferred stock	-1,687
Net (loss) income attributable to the common stockholders	-3,315	8,548	-8,490
Loss from continuing operations per share attributable to the common stockholders - basic and diluted	($0.07)	($0.09)	($0.27)
Net (loss) income per share attributable to the common stockholders - basic and diluted	($0.07)	$0.17	($0.26)
Weighted-average common shares outstanding - basic and diluted	54,340,537	46,925,760	34,680,877
Net income	9,092	20,092	1,845
Other comprehensive income:
Change in unrealized gain on investment in equity securities	171		79
Gain on sale of equity securities (reclassification adjustment)			-171
Change in unrealized loss on interest rate swaps		619	344
Comprehensive income	9,263	20,711	2,097
Comprehensive (income) loss attributable to non-controlling interests	-343	-615	5
Comprehensive income attributable to Excel Trust, Inc	8,920	20,096	2,102
Excel Trust, L.P.
Revenues:
Rental revenue	105,572	92,294	69,155
Tenant recoveries	21,605	18,875	13,835
Other income	3,146	1,373	1,431
Total revenues	130,323	112,542	84,421
Expenses:
Maintenance and repairs	9,369	7,328	5,557
Real estate taxes	13,427	12,756	9,693
Management fees	2,101	1,772	851
Other operating expenses	6,965	6,194	4,028
Changes in fair value of contingent consideration		-1,568	-281
General and administrative	18,009	13,871	13,796
Depreciation and amortization	50,661	46,146	34,800
Total expenses	100,532	86,499	68,444
Operating income	29,791	26,043	15,977
Interest expense	-24,167	-18,944	-15,650
Interest income	240	204	173
Income (loss) from equity in unconsolidated entities	2,578	40	-320
Changes in fair value of financial instruments and gain on OP unit redemption		230	1,530
Loss on extinguishment of debt from sale of real estate asset	-5,192
Gain on sale of real estate assets	5,842
Income from continuing operations	9,092	7,573	1,710
Income from discontinued operations before gain on sale of real estate assets		464	135
Gain on sale of real estate assets		12,055
Income from discontinued operations		12,519	135
Net income	9,092	20,092	1,845
Net (income) loss attributable to non-controlling interests	-366	-335	-279
Net income attributable to Parent	8,726	19,757	1,566
Preferred operating unit distributions	-10,380	-10,976	-10,353
Cost of redemption of preferred stock	-1,687
Net (loss) income attributable to the unitholders	-3,341	8,781	-8,787
Loss from continuing operations per unit attributable to the unitholders - basic and diluted	($0.07)	($0.09)	($0.26)
Net (loss) income per unit attributable to the unitholders - basic and diluted	($0.07)	$0.17	($0.26)
Weighted-average common operating partnership units outstanding - basic and diluted	55,495,318	48,123,312	35,912,370
Net income	9,092	20,092	1,845
Other comprehensive income:
Change in unrealized gain on investment in equity securities	171	620	79
Gain on sale of equity securities (reclassification adjustment)			-171
Change in unrealized loss on interest rate swaps		620	344
Comprehensive income	9,263	20,712	2,097
Comprehensive (income) loss attributable to non-controlling interests	-366	-335	-279
Comprehensive income attributable to Excel Trust, Inc	$8,897	$20,377	$1,818

CONSOLIDATED_STATEMENTS_OF_EQU

CONSOLIDATED STATEMENTS OF EQUITY (USD $)	Total	Common Stock Subject to Mandatory Redemption	Preferred Stock	Preferred Stock	Common Stock	Common Stock	Additional Paid-in Capital	Additional Paid-in Capital	Cumulative (Deficit) Retained Earnings	Accumulated Other Comprehensive Loss	Stockholders' Equity, Total	Stockholders' Equity, Total	Noncontrolling Interests	Noncontrolling Interests
In Thousands, except Share data			7.00% Series A cumulative convertible perpetual preferred stock	8.125% Series B cumulative redeemable preferred stock		Common Stock Subject to Mandatory Redemption		Common Stock Subject to Mandatory Redemption				Common Stock Subject to Mandatory Redemption		Common Stock Subject to Mandatory Redemption
Balance at Dec. 31, 2011	$380,986		$47,703		$302		$319,875		($3,277)	($811)	$363,792		$17,194
Balance (in shares) at Dec. 31, 2011					30,289,813
Net proceeds from sale of preferred stock	88,720			88,720							88,720
Net proceeds from sale of common stock (in shares)					10,857,051
Net proceeds from sale of common stock	125,683				109		125,574				125,683
Issuance of restricted common stock awards (in shares)					18,356
Issuance of common stock for acquisition (in shares)					3,230,769
Issuance of common stock for acquisition	39,108				32		39,076				39,108
Redemption of OP units for common stock and cash (in shares)						509,694
Redemption of OP units for common stock and cash		-666				5		6,085				6,090		-6,756
Noncash amortization of share-based compensation	3,223						3,223				3,223
Common stock dividends	-23,916						-23,916				-23,916
Issuance of non-controlling interests	5,082												5,082
Distributions to non-controlling interests	-1,192												-1,192
Net income	1,845								1,863		1,863		-18
Preferred stock dividends	-10,353						-10,353				-10,353
Change in unrealized gain on investment in equity securities	-92									-95	-95		3
Change in unrealized loss on interest rate swaps	344									334	334		10
Adjustment for non-controlling interest							-413				-413		413
Balance at Dec. 31, 2012	608,772		47,703	88,720	448		459,151		-1,414	-572	594,036		14,736
Balance (in shares) at Dec. 31, 2012					44,905,683
Net proceeds from sale of common stock (in shares)					3,211,928
Net proceeds from sale of common stock	40,679				32		40,647				40,679
Issuance of restricted common stock awards (in shares)					36,088
Redemption of OP units for common stock and cash (in shares)						227,666
Redemption of OP units for common stock and cash		44				2		2,818				2,820		-2,776
Noncash amortization of share-based compensation	2,291						2,291				2,291
Common stock dividends	-32,816						-25,682		-7,134		-32,816
Distributions to non-controlling interests	-1,321												-1,321
Net income	20,092								19,524		19,524		568
Preferred stock dividends	-10,976								-10,976		-10,976
Change in unrealized loss on interest rate swaps	619									572	572		47
Adjustment for non-controlling interest							-684				-684		684
Balance at Dec. 31, 2013	627,384		47,703	88,720	482		478,541				615,446		11,938
Balance (in shares) at Dec. 31, 2013					48,381,365
Net proceeds from sale of common stock (in shares)	0				12,650,000
Net proceeds from sale of common stock	160,491				127		160,364				160,491
Repurchase of common stock ( in shares)					-105,775
Repurchase of common stock	-1,407				-1		-1,406				-1,407
Forfeiture of restricted common stock awards ( in shares)					-469,864
Forfeiture of restricted common stock awards					-4		4
Issuance of restricted common stock awards (in shares)	1,324,509				657,646
Issuance of restricted common stock awards					6		-6
Repurchase of preferred stock (in shares)	0		0	0	0		0		0	0	0		0
Repurchase of preferred stock	-21,222		-19,535				-1,687				-21,222
Noncash amortization of share-based compensation	4,643						4,643				4,643
Common stock dividends	-40,564						-39,451		-1,113		-40,564
Distributions to non-controlling interests	-1,242												-1,242
Contributions from non-controlling interests	1,000												1,000
Net income	9,092								8,752		8,752		340
Preferred stock dividends	-10,380						-2,741		-7,639		-10,380
Change in unrealized gain on investment in equity securities	171									168	168		3
Adjustment for non-controlling interest							-538				-538		538
Balance at Dec. 31, 2014	$727,966		$28,168	$88,720	$610		$597,723			$168	$715,389		$12,577
Balance (in shares) at Dec. 31, 2014					61,113,372

CONSOLIDATED_STATEMENTS_OF_EQU1

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Common stock divided per share	$0.70	$0.69	$0.65

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income	$9,092,000	$20,092,000	$1,845,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	50,661,000	46,839,000	36,021,000
Changes in fair value of financial instruments and gain on OP unit redemption		-230,000	-1,530,000
Loss on extinguishment of debt from sale of real estate asset	5,192,000
Gain on sale of real estate	-5,842,000
Gain on sale of real estate from discontinued operations		-12,055,000
Gain on sale of marketable securities			-171,000
Changes in fair value of contingent consideration		-1,568,000	-281,000
(Income) loss from equity in unconsolidated entities	-2,578,000	-40,000	320,000
Deferred rent receivable	-2,249,000	-3,654,000	-3,148,000
Amortization of above- (below) market leases	-407,000	418,000	65,000
Amortization of deferred balances	1,631,000	1,485,000	1,763,000
Bad debt expense	598,000	1,100,000	690,000
Amortization of share-based compensation	4,643,000	2,291,000	3,223,000
Distributions from unconsolidated entities	911,000	774,000
Change in assets and liabilities (net of the effect of acquisitions):
Tenant and other receivables	-1,190,000	-531,000	-1,754,000
Other assets	-576,000	-1,838,000	-873,000
Accounts payable and other liabilities	-1,032,000	-559,000	3,722,000
Net cash provided by operating activities	58,854,000	52,524,000	39,892,000
Cash flows from investing activities:
Acquisitions of property	-372,780,000	-140,215,000	-290,987,000
Development of property and property improvements	-35,497,000	-23,119,000	-9,101,000
Proceeds from contribution of real estate assets to unconsolidated entity			21,317,000
Investments in unconsolidated entities	-25,000	-414,000	-7,829,000
Distributions and return of capital from unconsolidated entities	3,434,000	139,000
Disposition of real estate assets	26,227,000	4,759,000
Receipt of master lease payments	507,000	491,000
Capitalized leasing costs	-2,068,000	-2,581,000	-2,048,000
Advance for note receivable			-750,000
Collection of mortgage loan receivable			2,000,000
Purchase of equity securities	-10,512,000		-125,000
Proceeds from sale of equity securities			9,368,000
Restricted cash	-125,000	-2,490,000	-1,977,000
Net cash used in investing activities	-390,839,000	-163,430,000	-280,132,000
Cash flows from financing activities:
Issuance of common stock	160,908,000	41,260,000	126,066,000
Common stock offering costs	-417,000	-217,000	-383,000
Repurchase of common stock	-1,407,000
Repurchase of preferred stock	-21,222,000
Issuance of preferred stock			89,102,000
Preferred stock offering costs			-382,000
OP unit redemptions			-1,915,000
Payments on mortgages payable	-109,253,000	-90,855,000	-4,392,000
Proceeds from mortgages payable	1,772,000		13,800,000
Payments on notes payable	-284,000,000	-125,500,000	-189,000,000
Proceeds from notes payable	342,500,000	330,000,000	243,000,000
Proceeds from unsecured notes	298,693,000
Payments of contingent consideration		-205,000	-1,613,000
Contributions from non-controlling interests	1,000,000
Distributions to non-controlling interests	-1,242,000	-1,332,000	-1,228,000
Preferred stock dividends	-10,683,000	-10,976,000	-8,795,000
Common stock dividends	-38,336,000	-31,646,000	-21,466,000
Deferred financing costs	-2,970,000	-1,974,000	-2,250,000
Net cash provided by financing activities	335,343,000	108,555,000	240,544,000
Net increase (decrease)	3,358,000	-2,351,000	304,000
Cash and cash equivalents, beginning of period	3,245,000	5,596,000	5,292,000
Cash and cash equivalents, end of period	6,603,000	3,245,000	5,596,000
Supplemental cash flow information:
Cash payments for interest, net of amounts capitalized	22,274,000	16,047,000	13,030,000
Non-cash investing and financing activity:
Acquisition of real estate for common OP units			44,190,000
Assumption of net mortgage debt in connection with property acquisitions	42,723,000	8,204,000	79,670,000
Assets received in connection with property acquisitions			772,000
Liabilities assumed in connection with property acquisitions	1,013,000	222,000	9,526,000
Dispositions of real estate assets classified as a 1031 exchange (net of gain on sale of real estate of $12,055)		30,700,000
Acquisition of real estate assets classified as a 1031 exchange		30,700,000
Common stock dividends payable	10,695,000	8,467,000	7,297,000
Preferred stock dividends payable	1,984,000	2,287,000	2,287,000
OP unit distributions payable	178,000	178,000	189,000
Accrued additions to operating and development properties	11,976,000	2,228,000	2,705,000
Change in unrealized loss on interest rate swaps		619,000	344,000
Change in unrealized gain on marketable securities	171,000		92,000
OP unit redemptions (common stock)		2,820,000	6,090,000
Investment in unconsolidated entities			1,506,000
Reclassification of offering costs		364,000
Settlement of note receivable for accrued profit participation interest	910,000
Accrued profit participation interests	2,878,000
Excel Trust, L.P.
Cash flows from operating activities:
Net income	9,092,000	20,092,000	1,845,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	50,661,000	46,839,000	36,021,000
Changes in fair value of financial instruments and gain on OP unit redemption		-230,000	-1,530,000
Loss on extinguishment of debt from sale of real estate asset	5,192,000
Gain on sale of real estate	-5,842,000
Gain on sale of real estate from discontinued operations		-12,055,000
Gain on sale of marketable securities			-171,000
Changes in fair value of contingent consideration		-1,568,000	-281,000
(Income) loss from equity in unconsolidated entities	-2,578,000	-40,000	320,000
Deferred rent receivable	-2,249,000	-3,654,000	-3,148,000
Amortization of above- (below) market leases	-407,000	418,000	65,000
Amortization of deferred balances	1,631,000	1,485,000	1,763,000
Bad debt expense	598,000	1,100,000	690,000
Amortization of share-based compensation	4,643,000	2,291,000	3,223,000
Distributions from unconsolidated entities	911,000	774,000
Change in assets and liabilities (net of the effect of acquisitions):
Tenant and other receivables	-1,190,000	-531,000	-1,754,000
Other assets	-576,000	-1,838,000	-873,000
Accounts payable and other liabilities	-1,032,000	-559,000	3,722,000
Net cash provided by operating activities	58,854,000	52,524,000	39,892,000
Cash flows from investing activities:
Acquisitions of property	-372,780,000	-140,215,000	-290,987,000
Development of property and property improvements	-35,497,000	-23,119,000	-9,101,000
Proceeds from contribution of real estate assets to unconsolidated entity			21,317,000
Investments in unconsolidated entities	-25,000	-414,000	-7,829,000
Distributions and return of capital from unconsolidated entities	3,434,000	139,000
Disposition of real estate assets	26,227,000	4,759,000
Receipt of master lease payments	507,000	491,000
Capitalized leasing costs	-2,068,000	-2,581,000	-2,048,000
Advance for note receivable			-750,000
Collection of mortgage loan receivable			2,000,000
Purchase of equity securities	-10,512,000		-125,000
Proceeds from sale of equity securities			9,368,000
Restricted cash	-125,000	-2,490,000	-1,977,000
Net cash used in investing activities	-390,839,000	-163,430,000	-280,132,000
Cash flows from financing activities:
Issuance of common OP units	160,491,000	41,043,000	125,683,000
Issuance of preferred OP units			88,720,000
OP unit redemptions			-1,915,000
Payments on mortgages payable	-109,253,000	-90,855,000	-4,392,000
Proceeds from mortgages payable	1,772,000		13,800,000
Payments on notes payable	-284,000,000	-125,500,000	-189,000,000
Proceeds from notes payable	342,500,000	330,000,000	243,000,000
Proceeds from unsecured notes	298,693,000
Payments of contingent consideration		-205,000	-1,613,000
Contributions from non-controlling interests	1,000,000
Distributions to non-controlling interests	-530,000	-519,000	-445,000
Deferred financing costs	-2,970,000	-1,974,000	-2,250,000
Net cash provided by financing activities	335,343,000	108,555,000	240,544,000
Net increase (decrease)	3,358,000	-2,351,000	304,000
Cash and cash equivalents, beginning of period	3,245,000	5,596,000	5,292,000
Cash and cash equivalents, end of period	6,603,000	3,245,000	5,596,000
Supplemental cash flow information:
Cash payments for interest, net of amounts capitalized	22,274,000	16,047,000	13,030,000
Non-cash investing and financing activity:
Acquisition of real estate for common OP units			44,190,000
Assumption of net mortgage debt in connection with property acquisitions	42,723,000	8,204,000	79,670,000
Assets received in connection with property acquisitions			772,000
Liabilities assumed in connection with property acquisitions	1,013,000	222,000	9,526,000
Dispositions of real estate assets classified as a 1031 exchange (net of gain on sale of real estate of $12,055)		30,700,000
Acquisition of real estate assets classified as a 1031 exchange		30,700,000
Conversion of note payable to contribution from non-controlling interests	0	0	0
Accrued additions to operating and development properties	11,976,000	2,228,000	2,705,000
Change in unrealized loss on interest rate swaps		619,000	344,000
Change in unrealized gain on marketable securities	171,000		92,000
OP unit redemptions (common stock)		2,820,000	6,090,000
Investment in unconsolidated entities			1,506,000
Reclassification of offering costs		364,000
Settlement of note receivable for accrued profit participation interest	910,000
Accrued profit participation interests	2,878,000
Common Stock | Excel Trust, L.P.
Cash flows from financing activities:
Repurchase of common OP units	-1,407,000
OP unit distributions	-39,048,000	-32,459,000	-22,249,000
Non-cash investing and financing activity:
OP unit distributions payable	10,873,000	8,645,000	7,486,000
Preferred Stock | Excel Trust, L.P.
Cash flows from financing activities:
Repurchase of common OP units	-21,222,000
OP unit distributions	-10,683,000	-10,976,000	-8,795,000
Non-cash investing and financing activity:
OP unit distributions payable	$1,984,000	$2,287,000	$2,287,000

CONSOLIDATED_STATEMENTS_OF_CAS1

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
1031 exchange net gain on sale of real estate	$12,055
Excel Trust, L.P.
1031 exchange net gain on sale of real estate	$12,055

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Capital (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net proceeds from sale of common operating partnership units	$160,491	$40,679	$125,683
Net proceeds from sale of common stock (in shares)	0
Repurchase of operating partnership units	-1,400
Repurchase of operating partnership units (in units)	-105,775	0
Contributions from non-controlling interests	1,000
Net income (loss)	9,092	20,092	1,845
Change in unrealized gain on investment in equity securities	171		-92
Change in unrealized loss on interest rate swaps	171		79
Change in unrealized loss on interest rate swaps		619	344
7.00% Series A cumulative convertible perpetual preferred units
Repurchase of operating partnership units	-21,200
Repurchase of operating partnership units (in units)	-819,025
Excel Trust, L.P.
Beginning balance	627,384	608,772	380,986
Net proceeds from sale of preferred operating partnership units			88,720
Net proceeds from sale of preferred operating partnership units (in units)			0
Net proceeds from sale of common operating partnership units	160,491	40,679	125,683
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Redemption of common operating partnership units		44	-666
Issuance of common operating partnership units for acquisition			44,190
Noncash amortization of share-based compensation	4,643	2,291	3,223
Contributions from non-controlling interests	1,000
Common operating partnership unit distributions	-52,186	-45,114	-35,461
Net income (loss)	9,092	20,092	1,845
Change in unrealized gain on investment in equity securities	171		-92
Change in unrealized loss on interest rate swaps	171	620	79
Change in unrealized loss on interest rate swaps		620	344
Ending balance	727,966	627,384	608,772
Excel Trust, L.P. | Common OP Units
Repurchase of operating partnership units	-1,407
Excel Trust, L.P. | Preferred OP Units
Repurchase of operating partnership units	-21,222
Excel Trust, L.P. | Preferred Operating Partnership Units | 7.00% Series A cumulative convertible perpetual preferred units
Beginning balance	47,703	47,703	47,703
Net proceeds from sale of preferred operating partnership units (in units)			0
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Common operating partnership unit distributions	-2,904	-3,500	-3,500
Net income (loss)	2,904	3,500	3,500
Ending balance	28,168	47,703	47,703
Excel Trust, L.P. | Preferred Operating Partnership Units | 7.00% Series A cumulative convertible perpetual preferred units | Preferred OP Units
Repurchase of operating partnership units	-19,535
Excel Trust, L.P. | Preferred Operating Partnership Units | 8.125% Series B cumulative redeemable preferred units
Beginning balance	88,720	88,720
Net proceeds from sale of preferred operating partnership units			88,720
Net proceeds from sale of preferred operating partnership units (in units)			0
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Common operating partnership unit distributions	-7,476	-7,476	-6,853
Net income (loss)	7,476	7,476	6,853
Ending balance	88,720	88,720	88,720
Excel Trust, L.P. | Limited Partners
Beginning balance	2,166	5,512	8,230
Beginning balance (in units)	1,019,523	1,245,019	1,405,405
Net proceeds from sale of preferred operating partnership units (in units)			0
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Redemption of common operating partnership units		-2,776	-6,756
Redemption of common operating partnership units ( in units)		-225,496	-571,570
Issuance of common operating partnership units for acquisition			5,082
Issuance of common operating partnership units for acquisition (in units)			411,184
Common operating partnership unit distributions	-712	-803	-747
Net income (loss)	-26	233	-297
Ending balance	1,428	2,166	5,512
Ending balance (in units)	1,019,523	1,019,523	1,245,019
Excel Trust, L.P. | General Partner's Capital
Beginning balance	487,134	465,612	323,914
Beginning balance (in units)	48,381,365	44,905,683	30,289,813
Net proceeds from sale of preferred operating partnership units (in units)		3,211,928	0
Net proceeds from sale of common operating partnership units	160,491	40,679	125,683
Net proceeds from sale of common stock (in shares)	12,650,000	3,211,928	10,857,051
Forfeiture of restricted common operating partnership unit awards	0
Forfeiture of restricted common operating partnership unit awards (in units)	-469,864
Issuance of restricted common operating partnership unit awards	0	0	0
Issuance of restricted common operating partnership unit awards ( in units)	657,656	36,088	18,356
Redemption of common operating partnership units		2,820	6,090
Redemption of common operating partnership units ( in units)		227,666	509,694
Issuance of common operating partnership units for acquisition			39,108
Issuance of common operating partnership units for acquisition (in units)			3,230,769
Noncash amortization of share-based compensation	4,643	2,291	3,223
Common operating partnership unit distributions	-40,564	-32,816	-23,916
Net income (loss)	-1,628	8,548	-8,490
Ending balance	606,982	487,134	465,612
Ending balance (in units)	61,113,372	48,381,365	44,905,683
Excel Trust, L.P. | General Partner's Capital | Common OP Units
Repurchase of operating partnership units	-1,407
Repurchase of operating partnership units (in units)	-105,775
Excel Trust, L.P. | General Partner's Capital | Preferred OP Units
Repurchase of operating partnership units	-1,687
Excel Trust, L.P. | Accumulated Other Comprehensive Loss
Beginning balance		-620	-872
Net proceeds from sale of preferred operating partnership units (in units)			0
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Change in unrealized gain on investment in equity securities	171		-92
Change in unrealized loss on interest rate swaps		620
Change in unrealized loss on interest rate swaps			344
Ending balance	171		-620
Excel Trust, L.P. | Total Partners' Capital
Beginning balance	625,723	606,927	378,975
Net proceeds from sale of preferred operating partnership units			88,720
Net proceeds from sale of preferred operating partnership units (in units)			0
Net proceeds from sale of common operating partnership units	160,491	40,679	125,683
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Redemption of common operating partnership units		44	-666
Issuance of common operating partnership units for acquisition			44,190
Noncash amortization of share-based compensation	4,643	2,291	3,223
Common operating partnership unit distributions	-51,656	-44,595	-35,016
Net income (loss)	8,726	19,757	1,566
Change in unrealized gain on investment in equity securities	171		-92
Change in unrealized loss on interest rate swaps		620
Change in unrealized loss on interest rate swaps			344
Ending balance	725,469	625,723	606,927
Excel Trust, L.P. | Total Partners' Capital | Common OP Units
Repurchase of operating partnership units	-1,407
Excel Trust, L.P. | Total Partners' Capital | Preferred OP Units
Repurchase of operating partnership units	-21,222
Excel Trust, L.P. | Noncontrolling Interests
Beginning balance	1,661	1,845	2,011
Net proceeds from sale of preferred operating partnership units (in units)			0
Forfeiture of restricted common operating partnership unit awards	0
Issuance of restricted common operating partnership unit awards	0	0	0
Contributions from non-controlling interests	1,000
Common operating partnership unit distributions	-530	-519	-445
Net income (loss)	366	335	279
Ending balance	$2,497	$1,661	$1,845

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Capital (Parenthetical) (Excel Trust, L.P., USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Excel Trust, L.P.
Common operating partnership unit distributions per share	$0.69	$0.69	$0.65

Organization

Organization	12 Months Ended
	Dec. 31, 2014
Organization	1. Organization:
	Excel Trust, Inc., a Maryland corporation (the “Parent Company”), is a vertically integrated, self-administered, self-managed real estate firm with the principal objective of acquiring, financing, developing, leasing, owning and managing value oriented community and power centers, grocery anchored neighborhood centers and freestanding retail properties. It conducts substantially all of its business through its subsidiary, Excel Trust, L.P., a Delaware limited partnership (the “Operating Partnership” and together with the Parent Company referred to as the “Company”). The Company seeks investment opportunities throughout the United States, but focuses on the West Coast, East Coast and Sunbelt regions. The Company generally leases anchor space to national and regional supermarket chains, big-box retailers and select national retailers that frequently offer necessity and value oriented items and generate regular consumer traffic.
	The Parent Company is the sole general partner of the Operating Partnership and, as of December 31, 2014, owned a 98.3% interest in the Operating Partnership. The remaining 1.7% interest in the Operating Partnership is held by limited partners. Each partner’s percentage interest in the Operating Partnership is determined based on the number of operating partnership units (“OP units”) owned as compared to total OP units (and potentially issuable OP units, as applicable) outstanding as of each period end and is used as the basis for the allocation of net income or loss to each partner.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies
	Basis of Presentation:
	The accompanying consolidated financial statements of the Company include all the accounts of the Company and all entities in which the Company has a controlling interest. All significant intercompany balances and transactions have been eliminated in consolidation.
	The Company is required to continually evaluate its VIE relationships and consolidate investments in these entities when it is determined to be the primary beneficiary of their operations. A VIE is broadly defined as an entity where either (1) the equity investors as a group, if any, lack the power through voting or similar rights to direct the activities of an entity that most significantly impact the entity’s economic performance or (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support.
	A variable interest holder is considered to be the primary beneficiary of a VIE if it has both (1) the power to direct matters that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The Company considers a variety of factors in identifying the entity that holds the power to direct matters that most significantly impact the VIE’s economic performance including, but not limited to, the ability to direct financing, leasing, construction and other operating decisions and activities. In addition, the Company considers the form of ownership interest, voting interest, the size of the investment (including loans) and the rights of other investors to participate in policy making decisions, to replace or remove the manager and to liquidate or sell the entity. The obligation to absorb losses and the right to receive benefits when a reporting entity is affiliated with a VIE must be based on ownership, contractual, and/or other pecuniary interests in that VIE.
	Cash and Cash Equivalents:
	The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents, for which cost approximates fair value, due to their short term maturities.
	Restricted Cash:
	Restricted cash is comprised of impound reserve accounts for property taxes, insurance, capital improvements and tenant improvements.
	Accounts Payable and Other Liabilities:
	Included in accounts payable and other liabilities is deferred rent in the amount of $3.0 million and $3.5 million at December 31, 2014 and 2013, respectively.
	Revenue Recognition:
	The Company commences revenue recognition on its leases based on a number of factors. In most cases, revenue recognition under a lease begins when the lessee takes possession of or controls the physical use of the leased asset. Generally, this occurs on the lease commencement date. In determining what constitutes the leased asset, the Company evaluates whether the Company or the lessee is the owner, for accounting purposes, of the tenant improvements. If the Company is the owner, for accounting purposes, of the tenant improvements, then the leased asset is the finished space and revenue recognition begins when the lessee takes possession of the finished space, typically when the improvements are substantially complete. If the Company concludes that it is not the owner, for accounting purposes, of the tenant improvements (the lessee is the owner), then the leased asset is the unimproved space and any tenant improvement allowances funded under the lease are treated as lease incentives, which reduce revenue recognized on a straight-line basis over the remaining non-cancelable term of the respective lease. In these circumstances, the Company begins revenue recognition when the lessee takes possession of the unimproved space for the lessee to construct improvements. The determination of who is the owner, for accounting purposes, of the tenant improvements is highly subjective and determines the nature of the leased asset and when revenue recognition under a lease begins. The Company considers a number of different factors to evaluate whether it or the lessee is the owner of the tenant improvements for accounting purposes. These factors include:
		•		whether the lease stipulates how and on what a tenant improvement allowance may be spent;
		•		whether the tenant or landlord retains legal title to the improvements;
		•		the uniqueness of the improvements;
		•		the expected economic life of the tenant improvements relative to the length of the lease;
		•		the responsible party for construction cost overruns; and
		•		who constructs or directs the construction of the improvements.
	Minimum rental revenues are recognized on a straight-line basis over the terms of the related lease. The difference between the amount of cash rent due in a year and the amount recorded as rental income is referred to as the “straight-line rent adjustment.” Rental income was increased by $2.2 million, $3.7 million and $3.1 million in the years ended December 31, 2014, 2013 and 2012, respectively, due to the straight-line rent adjustment. Percentage rent is recognized after tenant sales have exceeded defined thresholds (if applicable) and was $1.2 million, $1.3 million and $720,000 for the years ended December 31, 2014, 2013 and 2012, respectively.
	Estimated recoveries from certain tenants for their pro rata share of real estate taxes, insurance and other operating expenses are recognized as revenues in the period the applicable expenses are incurred or as specified in the leases. Other tenants pay a fixed rate and these tenant recoveries are recognized as revenue on a straight-line basis over the term of the related leases.
	Total estimated minimum rents under non-cancelable operating tenant leases in effect at December 31, 2014 were as follows (in thousands):
	2015		$	120,463
	2016			113,360
	2017			103,922
	2018			93,493
	2019			75,879
	Thereafter			310,590
			$	817,707
	Property:
	Costs incurred in connection with the development or construction of properties and improvements are capitalized. Capitalized costs include pre-construction costs essential to the development of the property, development costs, construction costs, interest costs, real estate taxes and related costs and other direct costs incurred during the period of development. The Company capitalizes costs on land and buildings under development until construction is substantially complete and the property is held available for occupancy. The determination of when a development project is substantially complete and when capitalization must cease involves a degree of judgment. The Company considers a construction project as substantially complete and held available for occupancy upon the completion of landlord-owned tenant improvements or when the lessee takes possession of the unimproved space for construction of its own improvements, but no later than one year from cessation of major construction activity. The Company ceases capitalization on the portion substantially completed and occupied or held available for occupancy, and capitalizes only those costs associated with any remaining portion under construction.
	The Company has agreed to provide the developer/manager for development projects at the Plaza at Rockwall, Southlake Park Village, Cedar Square and Chimney Rock properties with a profit participation interest based on a percentage interest in the positive cash flows of the completed project after the Company has received distributions returning all of its capital investment plus a required rate of return (ranging from an 8% to 12% annualized rate of return). The Company initially records the profit participation interests at the estimated fair value of the obligation at the time of execution of the related agreement. The obligation is adjusted at each reporting date to the greater of the initial fair value at execution, or the amount that would be owed if the obligation were to be settled as of the reporting date. In August 2014, the profit participation interest related to the development phase of the Plaza at Rockwall property that was completed during 2014 was settled with the developer for an agreed-upon settlement value of approximately $2.0 million. The settlement was based on 35% of the excess of the estimated fair value of the related real estate after deducting all of the development and operating costs, the investment capital and the required rate of return due to the Company as of the date of settlement. The settlement was comprised of a cash payment of approximately $1.1 million and the settlement of an outstanding note receivable owed by the developer in the amount of $910,000 (including accrued interest of $160,000 – see Note 7 for further discussion). As of December 31, 2014, the Company has recorded $2.9 million for payments expected to be made related to the grants of these profit participation interests within construction in progress for the respective projects under development.
	Maintenance and repairs expenses are charged to operations as incurred. Costs for major replacements and betterments, which include HVAC equipment, roofs, parking lots, etc., are capitalized and depreciated over their estimated useful lives. Gains and losses are recognized upon disposal or retirement of the related assets and are reflected in earnings.
	Property is recorded at cost and is depreciated using the straight-line method over the estimated lives of the assets as follows:
	Building and improvements		15 to 40 years
	Tenant improvements		Shorter of the useful lives or the terms of the related leases
	The Company completed the disposition of its Lowe’s property on October 23, 2014 for a sales price of approximately $24.4 million. The Company completed the disposition of the inline retail portion of its Cedar Square property on November 10, 2014 for a sales price of approximately $3.0 million. In connection with the sale of the Lowe’s property, the Company recognized a loss of $5.2 million from the prepayment of the mortgage note, which was a closing condition of the transaction and repaid concurrent with the sale of the property As a result of the sales, the Company recognized an aggregate gain on sale of real estate assets of approximately $5.8 million.
	Impairment of Long-Lived Assets and Long-Lived Assets to be Disposed:
	The Company reviews long-lived assets and certain identifiable intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. This assessment considers expected future operating income, trends and prospects, as well as the effects of demand, competition and other economic factors. Such factors include the tenants’ ability to perform their duties and pay rent under the terms of the leases. The determination of recoverability is made based upon the estimated undiscounted future net cash flows, excluding interest expense, expected to result from the long-lived asset’s use and eventual disposition. The Company’s evaluation as to whether impairment may exist, including estimates of future anticipated cash flows, are highly subjective and could differ materially from actual results in future periods. The amount of impairment loss, if any, is determined by comparing the fair value, as determined by a discounted cash flows analysis, with the carrying value of the related assets. Although the Company’s strategy is to hold its properties over a long-term period, if the strategy changes or market conditions dictate that the sale of properties at an earlier date would be preferable, a property may be classified as held for sale and an impairment loss may be recognized to reduce the property to the lower of the carrying amount or fair value less cost to sell. There was no impairment recorded for the years ended December 31, 2014, 2013 or 2012.
	Investments in Unconsolidated Entities:
	The Company evaluates its investments in limited liability companies and partnerships to determine whether any such entities may be a VIE and, if a VIE, whether the Company is the primary beneficiary. Generally, an entity is determined to be a VIE when either (1) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support provided by any parties or (2) as a group, the holders of the equity investment lack one or more of the essential characteristics of a controlling financial interest. The primary beneficiary is the entity that has both (1) the power to direct matters that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The Company considers a variety of factors in identifying the entity that holds the power to direct matters that most significantly impact the VIE’s economic performance including, but not limited to, the ability to direct financing, leasing, construction and other operating decisions and activities. In addition, the Company considers the form of ownership interest, voting interest, the size of the investment (including loans) and the rights of other investors to participate in policy making decisions, to replace or remove the manager and to liquidate or sell the entity. The obligation to absorb losses and the right to receive benefits when a reporting entity is affiliated with a VIE must be based on ownership, contractual, and/or other pecuniary interests in that VIE.
	If the foregoing conditions do not apply, the Company considers whether a general partner or managing member controls a limited partnership or limited liability company. The general partner in a limited partnership or managing member in a limited liability company is presumed to control that limited partnership or limited liability company. The presumption may be overcome if the limited partners or members have either (1) the substantive ability to dissolve the limited partnership or limited liability company or otherwise remove the general partner or managing member without cause or (2) substantive participating rights, which provide the limited partners or members with the ability to effectively participate in significant decisions that would be expected to be made in the ordinary course of the limited partnership’s or limited liability company’s business and thereby preclude the general partner or managing member from exercising unilateral control over the partnership or company. If these criteria are not met and the Company is the general partner or the managing member, as applicable, the Company will consolidate the partnership or limited liability company.
	Investments that are not consolidated, over which the Company exercises significant influence but does not control, are accounted for under the equity method of accounting. These investments are recorded initially at cost and subsequently adjusted for the Company’s portion of earnings or losses and for cash contributions and distributions. Under the equity method of accounting, the Company’s investment is reflected in the consolidated balance sheets and its share of net income or loss is included in the consolidated statements of operations and comprehensive income.
	For all investments in unconsolidated entities, if a decline in the fair value of an investment below its carrying value is determined to be other-than-temporary, such investment is written down to its estimated fair value with a non-cash charge to earnings. The factors that the Company considers in making these assessments include, but are not limited to, severity and duration of the unrealized loss, market prices, market conditions, the occurrence of ongoing financial difficulties, available financing, new product initiatives and new collaborative agreements.
	Investments in Equity Securities:
	The Company, through the Operating Partnership, may hold investments in equity securities in certain publicly-traded companies. The Company does not acquire investments for trading purposes and, as a result, all of the Company’s investments in publicly-traded companies are considered “available-for-sale” and are recorded at fair value. Changes in the fair value of investments classified as available-for-sale are recorded in other comprehensive income. The fair value of the Company’s equity securities in publicly-traded companies is determined based upon the closing trading price of the equity security as of the balance sheet date. The cost of investments sold is determined by the specific identification method, with net realized gains and losses included in other income. For all investments in equity securities, if a decline in the fair value of an investment below its carrying value is determined to be other-than-temporary, such investment is written down to its estimated fair value with a non-cash charge to earnings. The factors that the Company considers in making these assessments include, but are not limited to, severity and duration of the unrealized loss, market prices, market conditions, the occurrence of ongoing financial difficulties, available financing, new product initiatives and new collaborative agreements.
	During the year ended December 31, 2014, the Company purchased approximately 436,000 shares of preferred stock in public companies within the real estate industry for an initial cost basis of approximately $10.5 million (included in other assets in the accompanying consolidated balance sheets).
	Investments in equity securities consisted of the following at December 31, 2014 and 2013 (in thousands):
			December 31,
			2014			2013
	Equity securities, initial cost basis		$	10,512		$	—
	Gross unrealized gains			185			—
	Gross unrealized losses			(14	)		—
	Equity securities, fair value(1)		$	10,683		$	—
	-1	Determination of fair value is classified as Level 1 in the fair value hierarchy based on the use of quoted prices in active markets (see section entitled “Fair Value of Financial Instruments” below).
	Subsequent to December 31, 2014, the Company sold all of its investments in equity securities, comprising approximately 436,000 shares of preferred stock based on a specific identification of the shares sold. The sale resulted in net proceeds of approximately $10.8 million.
	Share-Based Payments:
	All share-based payments to employees are recognized in earnings based on their fair value on the date of grant. Through December 31, 2014, the Company has awarded only restricted stock awards under its incentive award plan, which are based on shares of the Parent Company’s common stock. The fair value of equity awards that include only service or performance vesting conditions is determined based on the closing market price of the underlying common stock on the date of grant. The fair value of equity awards that include one or more market vesting conditions is determined based on the use of a widely accepted valuation model. The fair value of equity grants is amortized to general and administrative expense ratably over the requisite service period for awards that include only service vesting conditions and utilizing a graded vesting method (an accelerated vesting method in which the majority of compensation expense is recognized in earlier periods) for awards that include one or more market vesting conditions, adjusted for anticipated forfeitures.
	Mortgage Loan Receivables:
	Mortgage loan receivables consist of loans originated by the Company. Mortgage loan receivables are recorded at stated principal amounts net of any discount or premium or deferred loan origination costs or fees. The related discounts or premiums on mortgage loan receivables are amortized or accreted over the life of the related loan receivable. The Company defers certain loan origination and commitment fees, net of certain origination costs and amortizes them as an adjustment of the loan’s yield over the term of the related loan. The Company evaluates the collectability of both interest and principal on each loan to determine whether it is impaired. A loan is considered to be impaired, when based upon current information and events, it is probable that the Company will be unable to collect all amounts due according to the existing contractual terms. When a loan is considered to be impaired, the amount of loss is calculated by comparing the recorded receivable to the value determined by discounting the expected future cash flows at the loan’s effective interest rate or to the value of the underlying collateral if the loan is collateralized. Interest income on performing loans is accrued as earned. Interest income on impaired loans is recognized on a cash basis.
	Purchase Accounting:
	The Company, with the assistance of independent valuation specialists as needed, records the purchase price of acquired properties as tangible and identified intangible assets and liabilities based on their respective fair values. Tangible assets (building and land) are recorded based upon the Company’s determination of the value of the property as if it were vacant using discounted cash flow models similar to those used by independent appraisers. Factors considered include an estimate of carrying costs during the expected lease-up periods taking into account current market conditions and costs to execute similar leases. The fair value of land is derived from comparable sales of land within the same submarket and/or region. The fair value of buildings and improvements, tenant improvements, site improvements and leasing costs are based upon current market replacement costs and other relevant market rate information. Additionally, the purchase price of the applicable property is recorded as the above- or below-market value of in-place leases, the value of in-place leases and above- or below-market value of debt assumed, as applicable.
	The value recorded as the above- or below-market component of the acquired in-place leases is determined based upon the present value (using a discount rate which reflects the risks associated with the acquired leases) of the difference between: (1) the contractual amounts to be paid pursuant to the lease over its remaining term, and (2) the Company’s estimate of the amounts that would be paid using fair market rates at the time of acquisition over the remaining term of the lease. The amounts recorded as above-market leases are included in lease intangible assets, net in the Company’s accompanying consolidated balance sheets and amortized to rental income over the remaining non-cancelable lease term of the acquired leases with each property. The amounts recorded as below-market lease values are included in lease intangible liabilities, net in the Company’s accompanying consolidated balance sheets and amortized to rental income over the remaining non-cancelable lease term plus any below-market fixed price renewal options of the acquired leases with each property.
	The value recorded as above- or below-market debt is determined based upon the present value of the difference between the cash flow stream of the assumed mortgage and the cash flow stream of a market rate mortgage. The amounts recorded as above- or below-market debt are included in mortgage payables, net in the Company’s accompanying consolidated balance sheets and are amortized to interest expense over the remaining term of the assumed mortgage.
Tenant receivables:
Tenant receivables and deferred rent are carried net of the allowances for uncollectible current tenant receivables and deferred rent. An allowance is maintained for estimated losses resulting from the inability of certain tenants to meet the contractual obligations under their lease agreements. The Company maintains an allowance for deferred rent receivable arising from the straight-lining of rents. Such allowances are charged to bad debt expense which is included in other operating expenses on the accompanying consolidated statement of operations. The Company’s determination of the adequacy of these allowances is based primarily upon evaluations of historical loss experience, the tenant’s financial condition, security deposits, letters of credit, lease guarantees, current economic conditions and other relevant factors. At December 31, 2014 and 2013, the Company had $521,000 and $895,000, respectively, in allowances for uncollectible accounts (including straight-line deferred rent receivables) as determined to be necessary to reduce receivables to the estimate of the amount recoverable. During the years ended December 31, 2014, 2013 and 2012, $598,000, $1.1 million and $690,000, respectively, of receivables were charged to bad debt expense.
Non-controlling Interests
Non-controlling interests on the consolidated balance sheets of the Parent Company relate to the OP units that are not owned by the Parent Company and the portion of consolidated joint ventures not owned by the Parent Company. The OP units not held by the Parent Company may be redeemed by the Parent Company at the holder’s option for cash. The Parent Company, at its option, may satisfy the redemption obligation with common stock on a one-for-one basis, which has been further evaluated to determine that permanent equity classification on the balance sheets is appropriate.
Non-controlling interests on the consolidated balance sheets of the Operating Partnership represent the portion of equity that the Operating Partnership does not own in those entities it consolidates.
Concentration of Risk:
The Company maintains its cash accounts in a number of commercial banks. Accounts at these banks are guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. At various times during the periods, the Company had deposits in excess of the FDIC insurance limit.
In the years ended December 31, 2014, 2013 and 2012, no tenant accounted for more than 10% of the Company’s revenues.
At December 31, 2014, the Company’s gross real estate assets in the states of California, Florida, Arizona, Virginia, Texas and Utah represented approximately 23.8%, 14.2%, 12.5%, 12.4%, 11.7% and 11.4% of the Company’s total assets, respectively. At December 31, 2013, the Company’s gross real estate assets in the states of California, Arizona, Virginia and Texas represented approximately 23.9%, 17.6%, 14.7% and 13.7% of the Company’s total assets, respectively. For the year ended December 31, 2014, the Company’s revenues derived from properties located in the states of California, Arizona, Texas and Virginia represented approximately 24.4%, 16.2%, 13.6% and 10.4% of the Company’s total revenues, respectively. For the year ended December 31, 2013, the Company’s revenues derived from properties located in the states of California, Arizona, Texas and Virginia represented approximately 23.4%, 18.1%, 11.9% and 11.6% of the Company’s total revenues, respectively.
Management Estimates:
The preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Fair Value of Financial Instruments:
The Company measures financial instruments and other items at fair value where required under GAAP, but has elected not to measure any additional financial instruments and other items at fair value as permitted under fair value option accounting guidance.
Fair value measurement is determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, there is a fair value hierarchy 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 classified within Level 3 of the hierarchy).
Level 1 inputs utilize quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the assets or liabilities, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity. 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.
The Company has used interest rate swaps to manage its interest rate risk (see Note 11). The valuation of these instruments is determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees.
Changes in the fair value of financial instruments (other than derivative instruments for which an effective hedging relationship exists and available-for-sale securities) are recorded as a charge against earnings in the consolidated statements of operations in the period in which they occur. The Company estimates the fair value of financial instruments at least quarterly based on current facts and circumstances, projected cash flows, quoted market prices and other criteria (primarily utilizing Level 3 inputs). The Company may also utilize the services of independent third-party valuation experts to estimate the fair value of financial instruments, as necessary.
The Company’s investments in equity securities fall within Level 1 of the fair value hierarchy as the Company utilizes observable market-based inputs, based on the closing trading price of securities as of the balance sheet date, to determine the fair value of the investments.
Derivative Instruments:
The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity and credit risk primarily by managing the amount, sources and duration of its debt funding and the use of derivative financial instruments. Specifically, from time to time the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s investments and borrowings.
In addition, from time to time the Company may execute agreements in connection with business combinations that include embedded derivative instruments as part of the consideration provided to the sellers of the properties. Although these embedded derivative instruments are not intended as hedges of risks faced by the Company, they can provide additional consideration to the Company’s selling counterparties and may be a key component of negotiations.
The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.
The Company records all derivative instruments on the consolidated balance sheets at their fair value. In determining the fair value of derivative instruments, the Company also considers the credit risk of its counterparties, which typically constitute larger financial institutions engaged in providing a wide variety of financial services. These financial institutions generally face similar risks regarding changes in market and economic conditions, including, but not limited to, changes in interest rates, exchange rates, equity and commodity pricing and credit spreads.
Accounting for changes in the fair value of derivative instruments depends on the intended use of the derivative, whether it has been designated as a hedging instrument and whether the hedging relationship has continued to satisfy the criteria to apply hedge accounting. For derivative instruments qualifying as cash flow hedges, the effective portion of changes in the fair value is initially recorded in Accumulated Other Comprehensive Income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. The Company assesses the effectiveness of each hedging relationship by comparing the changes in the cash flows of the derivative hedging instrument with the changes in the cash flows of the hedged item or transaction.
The Company formally documents the hedging relationship for all derivative instruments, has accounted for its interest rate swap agreements as cash flow hedges and does not utilize derivative instruments for trading or speculative purposes.
Changes in Accumulated Other Comprehensive Loss:
The following table reflects amounts that were reclassified from accumulated other comprehensive loss and included in earnings for the years ended December 31, 2014, 2013 and 2012 for the Parent Company (dollars in thousands):
		Year Ended
		December 31,
		2014			2013			2012
Balance — January 1		$	—		$	(572	)	$	(811	)
Unrealized loss on interest rate swaps:
Unrealized losses			—			(19	)		(305	)
Amount reclassified and recognized in net income(1)			—			639			649
Unrealized gain on investment in equity securities:
Unrealized gain			171			—			79
Amount reclassified and recognized in net income(2)			—			—			(171	)
Net change in other comprehensive income			171			48			(559	)
Total other comprehensive loss allocable to non-controlling interests			(3	)		(48	)		(13	)
Balance — December 31		$	168		$	—		$	(572	)
-1	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
-2	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.
The following table reflects amounts that were reclassified from accumulated other comprehensive loss and included in earnings for the years ended December 31, 2014, 2013 and 2012 for the Operating Partnership (dollars in thousands):
		Year Ended
		December 31,
		2014			2013			2012
Balance — January 1		$	—		$	(620	)	$	(872	)
Unrealized loss on interest rate swaps:
Unrealized losses			—			(19	)		(305	)
Amount reclassified and recognized in net income(1)			—			639			649
Unrealized gain on investment in equity securities:
Unrealized gain			171			—			79
Amount reclassified and recognized in net income(2)			—			—			(171	)
Net change in other comprehensive income			171			—			(620	)
Total other comprehensive (gain) loss allocable to non-controlling interests			—			—			—
Balance — December 31		$	171		$	—		$	(620	)
-1	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
-2	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.
Correction to Consolidated Financial Statements:
Subsequent to the issuance of the Parent Company’s consolidated financial statements for the year ended December 31, 2013, the Parent Company determined that certain dividends paid that were reflected as a reduction of additional paid-in capital should have been reflected as a reduction of available retained earnings. The Parent Company reviewed the impact of this misstatement with respect to the prior period consolidated financial statements and determined that it was not material. However, the Parent Company has corrected the accompanying 2013 consolidated financial statements from amounts previously reported to reflect this correction in the prior period. The effect of the correction to the consolidated balance sheet is an $18.1 million increase to additional paid-in capital and a corresponding $18.1 million decrease to retained earnings at December 31, 2013, from $460.4 million and $18.1 million, respectively, as previously reported. The consolidated statement of equity for the year ended December 31, 2013 included herein reflects a reclassification of $18.1 million, representing an increase of common stock dividends and preferred stock dividends paid from retained earnings by $7.1 million and $11.0 million, respectively, and a corresponding decrease to common stock dividends and preferred stock dividends paid from additional paid in capital by the same amount. This correction had no effect on previously reported revenues, net income, dividends paid, earnings per share, cash flows or total stockholders’ equity.
Recent Accounting Pronouncements:
In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). The amendments in this update change the requirements for reporting discontinued operations. As a result of ASU 2014-08, a disposal of a component of an entity or a group of components is required to be reported in discontinued operations only if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. ASU 2014-08 also requires an entity to provide certain disclosures about a disposal of an individually significant component of such entity that does not qualify for discontinued operations presentation in the financial statements. The Company chose to early adopt ASU 2014-08 on January 1, 2014 As a result of the early adoption of this pronouncement effective January 1, 2014, the properties that were sold during the year ended December 31, 2014 did not qualify for discontinued operations presentation and as such, are reflected in continuing operations on the consolidated statements of operations and comprehensive income. .
In May 2014, the FASB issued ASU No. 2014-09, Revenue Recognition – Revenue from Contracts with Customers (“ASU 2014-09”). The amendments in this update require companies to recognize revenue when a customer obtains control rather than when companies have transferred substantially all risks and rewards of a good or service. This update is effective for annual reporting periods beginning on or after December 31, 2016 and for interim periods therein and requires expanded disclosures. The Company is currently assessing the impact of the adoption of ASU 2014-09 on its consolidated financial position and results of operations.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2014
Acquisitions	3. Acquisitions
	The Company completed the following acquisitions (all within the Retail property operating segment) in the year ended December 31, 2014, which were acquired for cash unless specified below (dollars in thousands):
	Property		Date Acquired		Location	Debt
						Assumed
	Shops at Fort Union(1)		September 26, 2014		Midvale, UT	$	—
	The Family Center at Orem(1)		26-Sep-14		Orem, UT	$	—
	Downtown at the Gardens		1-Oct-14		Palm Beach Gardens, FL	$	42,723
	Brandywine Crossing(2)		November 25, 2014		Brandywine, MD	$	—
	West Broad Marketplace(3)		3-Dec-14		Richmond, VA	$	—
	Riverpoint Marketplace		19-Dec-14		Sacramento, CA	$	—
	Highland Reserve		29-Dec-14		Roseville, CA	$	—
	The following summary provides an allocation of purchase price for each of the 2014 acquisitions (dollars in thousands):
			Building			Land		Above-Market			Below-Market			In-Place		Debt			Purchase
								Leases			Leases			Leases		(Premium)/			Price
																Discount
	Shops at Fort Union		$	100,173		$	24,270	$	862		$	(10,953	)	$	17,119	$	—		$	131,471
	The Family Center at Orem			11,229			4,450		—			(296	)		1,577		—			16,960
	Downtown at the Gardens			91,241			13,920		5,268			(2,254	)		33,466		(1,440	)		140,201
	Brandywine Crossing			7,840			2,910		14			(286	)		1,068		—			11,546
	West Broad Marketplace			—			20,018		—			—			—		—			20,018
	Riverpoint Marketplace(4)			33,024			7,700		281			(1,677	)		4,481		—			43,809
	Highland Reserve(4)			42,175			8,750		681			(4,250	)		5,155		—			52,511
	Total		$	285,682		$	82,018	$	7,106		$	(19,716	)	$	62,866	$	(1,440	)	$	416,516
	Remaining useful life(5)								90			117			80		92
	-1	On September 26, 2014, the Company completed the acquisition of a portfolio of two retail shopping centers, which are located in Utah. The purchase price of $148.4 million was paid entirely in cash.
	-2	On November 25, 2014, the Company acquired a developed outparcel that was previously not owned at the Brandywine Crossing retail property in Brandywine, MD (not considered a separate property).
	-3	On December 2, 2014, the Company entered into an agreement with a development partner to form a joint venture entity, which then acquired an undeveloped land parcel comprising approximately 60.4 acres in Richmond, Virginia on which the joint venture intends to develop a retail shopping center with approximately 405,000 square feet of GLA. The Company holds an 80% ownership interest in the entity with the remaining 20% ownership interest held by the development partner (see Note 6). The acquisition was accounted for as an asset acquisition, with the purchase price allocated to the value of the undeveloped land parcel.
	-4	As of December 31, 2014, the purchase price allocation related to the acquisition of these properties was preliminary and the final purchase price allocation will be determined pending the receipt of information necessary to complete the valuation of assets and liabilities, which may result in a change from these initial estimates.
	-5	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities.
	The Company completed the following acquisitions (all within the Retail property operating segment) in the year ended December 31, 2013, which were acquired for cash unless specified below (dollars in thousands):
	Property		Date Acquired		Location	Debt
						Assumed
	Tracy Pavilion		January 24, 2013		Tracy, CA	$	—
	Stadium Center		July 1, 2013		Manteca, CA	$	—
	League City Towne Center		August 1, 2013		League City, TX	$	—
	Living Spaces-Promenade(1)		August 27, 2013		Scottsdale, AZ	$	7,268
	LA Fitness		4-Oct-13		San Diego, CA	$	—
	Cedar Square Shopping Center		November 4, 2013		Duncanville (Dallas), TX	$	—
	Southlake Park Village(2)		November 18, 2013		Southlake (Dallas), TX	$	—
	Centennial Crossroads Plaza		22-Nov-13		Las Vegas, NV	$	—
	The following summary provides an allocation of purchase price for each of the 2013 acquisitions (dollars in thousands):
			Building			Land		Above-Market			Below-Market			In-Place		Debt			Other		Purchase
								Leases			Leases			Leases		(Premium)/					Price
																Discount
	Tracy Pavilion		$	22,611		$	6,193	$	163		$	(1,136	)	$	2,907	$	—		$	—	$	30,738
	Stadium Center			28,872			10,284		882			(2,939	)		4,051		—			—		41,150
	League City Towne Center			24,767			10,858		315			(1,249	)		4,809		—			—		39,500
	Living Spaces-Promenade(1)			1,038			14,514		—			(116	)		1,500		(936	)		—		16,000
	LA Fitness			9,957			3,123		—			—			1,220		—			—		14,300
	Cedar Square Shopping Center			2,808			1,667		38			(691	)		478		—			—		4,300
	Southlake Park Village(2)			—			15,989		—			—			—		—			265		16,254
	Centennial Crossroads Plaza			11,484			3,868		571			(538	)		1,015		—			—		16,400
	Total		$	101,537		$	66,496	$	1,969		$	(6,669	)	$	15,980	$	(936	)	$	265	$	178,642
	Remaining useful life(3)								56			117			150		76
	-1	On August 27, 2013, the Company acquired a land parcel that was previously not owned at The Promenade retail property in Scottsdale, Arizona (not considered a separate property). The land parcel contains a building, which was constructed by the tenant and is subject to a ground lease.
	-2	On November 18, 2013, the Company acquired an undeveloped land parcel comprising approximately 22.4 acres in Southlake (Dallas), Texas on which the Company intends to develop a retail shopping center with approximately 186,000 square feet of gross leasable area (“GLA”). The acquisition was accounted for as an asset acquisition, with the majority of the purchase price allocated to the value of the undeveloped land parcel and the capitalization of costs directly related to the transaction. Approximately $265,000 of the purchase price paid is held in an escrow account to be disbursed in connection with the construction of on-site infrastructure projects. In addition, subsequent to the acquisition of the property, the Company reimbursed the seller for construction costs previously incurred, which have been reflected on the accompanying consolidated balance sheets as construction in progress.
	-3	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities as of the date of acquisition.
	The Company completed twelve acquisitions (primarily in the Retail property operating segment) in the year ended December 31, 2012, which were acquired for cash unless specified below (in thousands):
	Consolidated Property		Date Acquired		Location	Debt
						Assumed
	Promenade Corporate Center		January 23, 2012		Scottsdale, AZ	$	—
	EastChase Market Center		February 17, 2012		Montgomery, AL	$	—
	Lake Pleasant Pavilion		16-May-12		Peoria, AZ	$	28,250
	Chimney Rock		30-Aug-12		Odessa, TX	$	—
Pavilion Crossing		1-Oct-12		Brandon, FL	$	—
Dellagio(1)		19-Oct-12		Orlando, FL	$	—
Lake Burden Shoppes(1)		19-Oct-12		Orlando, FL	$	—
Meadow Ridge Plaza(1)		19-Oct-12		Orlando, FL	$	—
Shoppes of Belmere(1)		19-Oct-12		Orlando, FL	$	—
West Broad Village(1)		19-Oct-12		Richmond, VA	$	50,000
Unconsolidated Property		Date Acquired		Location	Debt
					Assumed
La Costa Town Center(2)		February 29, 2012		Carlsbad, CA		—
The Fountains at Bay Hill(1)		19-Oct-12		Orlando, FL		11,985
The following provides a summary of the recorded purchase price for each of the 2012 acquisitions (dollars in thousands).
Consolidated Property		Building			Land		Above-Market			Below-Market			In-Place		Debt			Other		Purchase
							Lease			Lease			Lease		(Premium)/					Price
															Discount
Promenade Corporate Center(3)		$	44,465		$	4,477	$	781		$	(749	)	$	3,279	$	—		$	—	$	52,253
EastChase Market Center			19,567			4,215		360			(1,296	)		1,804		—			—		24,650
Lake Pleasant Pavilion			28,127			9,958		2,857			(184	)		2,412		(1,420	)		—		41,750
Chimney Rock(4)			14,089			7,368		—			(2,291	)		2,532		—			2,106		23,804
Pavilion Crossing			9,268			3,729		153			(1,344	)		1,490		—			—		13,296
Dellagio			20,106			16,780		1,277			(2,031	)		3,972		—			—		40,104
Lake Burden Shoppes			4,020			3,981		—			(79	)		601		—			—		8,523
Meadow Ridge Plaza			4,706			3,781		348			(246	)		1,140		—			—		9,729
Shoppes of Belmere			5,122			4,701		166			(1,160	)		864		—			—		9,693
West Broad Village(5)			137,697			24,543		3,051			(5,627	)		9,240		—			2,398		171,302
Total		$	287,167		$	83,533	$	8,993		$	(15,007	)	$	27,334	$	(1,420	)	$	4,504	$	395,104
Remaining useful life(6)								76			169			105		65
UnConsolidated Property		Building			Land		Above-Market			Below-Market			In-Place		Debt			Other		Purchase
							Lease			Lease			Lease		(Premium)/					Price
															Discount
La Costa Town Center(2)		$	15,054		$	8,383	$	86		$	(2,069	)	$	2,046	$	—		$	—	$	23,500
The Fountains at Bay			9,029			9,905		249			(1,030	)		1,653		—			—		19,806
Hill(7)
Total		$	24,083		$	18,288	$	335		$	(3,099	)	$	3,699	$	—		$	—	$	43,306
Remaining useful life(6)								34			106			55
-1	On October 19, 2012, the Company completed the acquisition of a portfolio of five retail shopping centers and a 50% tenant-in-common interest in a sixth retail shopping center (an unconsolidated property, The Fountains at Bay Hill), which are located in Florida and Virginia. The purchase price of $259.2 million includes $192.1 million in cash paid, the assumption of $62.0 million in mortgage notes (including $12.0 million at The Fountains at Bay Hill) and the issuance of 411,184 OP units with a fair value of approximately $5.1 million based on a closing price of $12.36 per share of common stock on the date of acquisition.
	Five of the shopping centers are located in Orange County, Florida and comprise a total of approximately 319,000 square feet of GLA (the shopping center in which the Company has a 50% tenant-in-common interest comprises approximately 104,000 square feet of GLA). The sixth retail shopping center is located in Richmond, Virginia and comprises approximately 386,000 square feet of retail and commercial GLA, with an additional 339 apartment units on the upper levels of the shopping center. The Company has an agreement to purchase the remaining 50% tenant-in-common interest in the Florida shopping center if certain approvals are obtained. The Company’s proportionate share of the assets purchased and liabilities and debt assumed with the acquisition of The Fountains at Bay Hill property are reflected on the accompanying consolidated balance sheets as an investment in unconsolidated entities (for more details, see Note 15).
	In connection with the acquisition of one of the Florida properties, the Company entered into a put option whereby it may resell the property to the former owner after a period of five years for a price equal to the original purchase price. The Company has estimated the asset to have a value of approximately $363,000 based on the fair value of the put option as of the date of acquisition. In addition, the Company has entered into a call option related to the acquisition of another Florida property whereby the former owner may purchase approximately 13,000 square feet of GLA currently utilized as its headquarters during a three-year period. The Company will account for the underlying lease as a direct finance lease and will continue to reflect the corresponding premises as leased and occupied until such time as the call option is exercised by the former owner. In connection with the acquisition, the value associated with the acquired building has been recorded net of the estimated fair value of the call option of $4.3 million.
-2	This property was originally purchased as a consolidated property. However, in September 2012, the La Costa Town Center property was contributed in exchange for proceeds of approximately $21.2 million to a newly-formed entity in which the Company holds a 20% ownership interest (see Note 15). The Company accounts for its remaining equity ownership in the property in a manner similar to the equity method of accounting, which is reflected in the accompanying consolidated balance sheets as an investment in unconsolidated entities.
-3	The purchase price of $52.3 million reflects $13.9 million in cash paid and the issuance of 3,230,769 shares of common stock with a fair value of approximately $39.1 million based on a closing price of $12.11 per share on the date of acquisition. The purchase price noted above is net of master lease agreements between the Company and the seller in the amount of $772,000 (included in other assets on the accompanying consolidated balance sheets) based on the estimated fair value of funds expected to be received from escrow in connection with the acquisition. Payments under the master lease agreements commenced upon the expiration of two existing leases in June 2012 and February 2013 (with terms through May 2013 and January 2015, respectively). In addition, the seller has agreed to reimburse the Company for any expenditures resulting from tenant improvements or leasing commissions related to the spaces to the extent that funds remain available pertaining to the master lease agreements. See Note 19 for a discussion of changes in the fair value of this asset after the initial acquisition.
-4	The purchase price of $23.8 million noted above includes a long-term asset recognized at acquisition with a valuation of approximately $3.0 million (included in other assets) and a long-term liability with a preliminary valuation of approximately $906,000 (included in accounts payable and other liabilities). The long-term asset and the long-term liability reflect the estimated fair value of funds expected to be received pursuant to an economic development agreement executed between the previous owner of the property and the City of Odessa and the portion of such funds that is owed to a third party. As a result of the agreement, the Company is eligible to receive a refund of up to $5.1 million in municipal sales taxes generated by retail sales at the property over a period of up to 15 years. Both the long-term asset and the long-term liability will be accreted to their respective gross balances of $5.1 million and $1.0 million, respectively, over periods of 14 years and three years, respectively.
-5	Amount indicated as other for the West Broad Village acquisition includes approximately $2.4 million of furniture, fixtures and equipment associated with 339 apartment units on the property.
-6	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities as of the date of acquisition.
-7	Amount of assets acquired and liabilities assumed for The Fountains at Bay Hill property reflect the Company’s 50% tenant-in-common interest in the property. These balances, as well as the Company’s $12.0 million proportionate share of the outstanding indebtedness at the property, are reflected as investment in unconsolidated entities on the accompanying consolidated balance sheets.
The following unaudited pro forma information for the years ended December 31, 2014, 2013 and 2012 has been prepared to reflect the incremental effect of the properties acquired in 2014, 2013 and 2012, as if such acquisitions had occurred on January 1, 2013, 2012 and 2011, respectively (dollars in thousands):
		Year Ended
		December 31,
		2014			2013		2012
Revenues		$	160,861		$	160,038	$	119,938
Net income(1)		$	11,212		$	19,804	$	5,197
Earnings per share		$	(0.03	)	$	0.17	$	(0.16	)
-1	Pro forma results for the years ended December 31, 2014, 2013 and 2012 were adjusted to exclude non-recurring acquisition costs of approximately $1.8 million, $241,000 and $919,000, respectively, related to the 2014, 2013 and 2012 acquisitions. The pro forma results for the year ended December 31, 2013 were adjusted to include non-recurring costs relating to the 2014 acquisitions of $1.8 million. The pro forma results for the year ended December 31, 2012 were adjusted to include non-recurring costs relating to the 2013 acquisitions of $241,000. A portion of the 2012 acquisitions were funded with proceeds from the offering of 8.125% Series B Cumulative Redeemable Preferred Stock (“Series B preferred stock”). However, pro forma net income for the year ended December 31, 2012 is not adjusted for this funding as the assumed Series B preferred stock quarterly dividends of approximately $1.9 million are not included in the determination of net income (included only as a reduction of net income (loss) attributable to the common stockholders).

Lease_Intangible_Assets_Net

Lease Intangible Assets, Net	12 Months Ended
	Dec. 31, 2014
Lease Intangible Assets, Net	4. Lease Intangible Assets, Net
	Lease intangible assets, net, consisted of the following at December 31, 2014 and 2013 (in thousands):
		December 31,
		2014		2013
	In-place leases, net of accumulated amortization of $31.1 million and $26.7 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 74 and 78 months as of December 31, 2014 and 2013, respectively)	$	78,336	$	47,058
	Above-market leases, net of accumulated amortization of $8.8 million and $7.5 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 69 and 62 months as of December 31, 2014 and 2013, respectively)		16,436		13,725
	Leasing commissions, net of accumulated amortization of $8.7 million and $7.1 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 93 and 99 months as of December 31, 2014 and 2013, respectively)		28,601		17,562
		$	123,373	$	78,345
	Estimated amortization of lease intangible assets as of December 31, 2014 and for each of the next five years and thereafter is as follows (in thousands):
	Year	Amount
	2015	$	28,060
	2016		19,900
	2017		16,585
	2018		14,042
	2019		10,856
	Thereafter		33,930
	Total	$	123,373
	Amortization expense recorded on the lease intangible assets for the years ended December 31, 2014, 2013 and 2012 was $23.2 million, $23.4 million and $19.8 million, respectively. Included in these amounts are $4.4 million, $4.6 million and $3.4 million, respectively, of amortization of above-market lease intangible assets recorded against rental revenue.

Lease_Intangible_Liabilities_N

Lease Intangible Liabilities, Net	12 Months Ended
	Dec. 31, 2014
Lease Intangible Liabilities, Net	5. Lease Intangible Liabilities, Net
	Lease intangible liabilities, net consisted of the following at December 31, 2014 and 2013 (in thousands):
		December 31,
		2014		2013
	Below-market leases, net of accumulated amortization of $11.0 million and $7.9 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 116 and 123 months as of December 31, 2014 and 2013, respectively)	$	42,470	$	28,114
	Amortization recorded on the lease intangible liabilities for the years ended December 31, 2014, 2013 and 2012 was $4.8 million, $4.2 million and $3.4 million, respectively. These amounts were recorded as rental revenue in the Company’s consolidated statements of operations.
	Estimated amortization of lease intangible liabilities as of December 31, 2014 and for each of the next five years and thereafter is as follows (in thousands):
	Year	Amount
	2015	$	6,333
	2016		5,357
	2017		4,958
	2018		4,536
	2019		3,993
	Thereafter		17,293
	Total	$	42,470

Variable_Interest_Entities

Variable Interest Entities	12 Months Ended
	Dec. 31, 2014
Variable Interest Entities	6. Variable Interest Entities
	Consolidated Variable Interest Entities
	Included within the consolidated financial statements is the 50% owned joint venture with AB Dothan, LLC, that is deemed a VIE, and for which the Company is the primary beneficiary as it has the power to direct activities that most significantly impact the economic performance of the VIE. The joint venture’s activities principally consist of owning and operating a neighborhood retail center with 171,670 square feet of GLA located in Dothan, Alabama.
	Also included within the consolidated financial statements is the 80% owned joint venture with West Broad Marketplace, LLC, that is deemed a VIE, and for which the Company is the primary beneficiary as it has the power to direct activities that most significantly impact the economic performance of the VIE. The joint venture’s initial activities principally consist of owning and developing a vacant land parcel and then operating a retail shopping center expected to contain approximately 405,000 square feet of GLA upon completion, located in Richmond, Virginia (recently acquired — see Note 3).
	As of December 31, 2014 and 2013, the combined total carrying amount of assets of the Company’s VIEs was approximately $39.8 million and $15.5 million, respectively, which includes approximately $37.1 million and $13.3 million, respectively, of real estate assets at the end of each period. As of December 31, 2014 and 2013, the total carrying amount of liabilities was approximately $37.9 million and $14.3 million, respectively.

Mortgage_Loan_and_Note_Receiva

Mortgage Loan and Note Receivable	12 Months Ended
	Dec. 31, 2014
Mortgage Loan and Note Receivable	7. Mortgage Loan and Note Receivable
	In June 2012, the Company extended a note receivable in the amount of $750,000 to a third party developer. The note receivable bore interest at 10.0% per annum, with the principal and accrued interest due upon maturity and was recourse to the borrower. In August 2014, the note receivable was settled pursuant to a transaction between the Company and the borrower in which the borrower agreed to a redemption of a profit participation interest in future cash flow distributions following completion of a ground-up development at the Company’s wholly-owned Plaza at Rockwall property. In connection with the redemption of the borrower’s interest, the Company agreed to a payment of approximately $2.0 million, comprised of a cash payment of $1.1 million and the settlement of the outstanding balance of the note receivable of $750,000 and accrued interest of $160,000.

Debt

Debt (Excel Trust, L.P.)	12 Months Ended
	Dec. 31, 2014
Excel Trust, L.P.
Debt	8. Debt
	Debt of the Parent Company
	The Parent Company does not directly hold any indebtedness. All of the Company’s debt is held directly or indirectly by the Operating Partnership. However, the Parent Company has guaranteed the Operating Partnership’s mortgage loan secured by the Red Rock Commons property, the Operating Partnership’s unsecured revolving credit facility (including the letter of credit that secures the redevelopment revenue bonds at the Northside Mall property) and the Operating Partnership’s senior unsecured notes.
	Debt of the Operating Partnership
	Mortgages Payable
	Mortgages payable held by the Operating Partnership at December 31, 2014 and 2013 consist of the following (dollars in thousands):
			Carrying Amount of					Contractual			Effective			Monthly		Maturity
			Mortgage Notes					Interest Rate			Interest Rate			Payment(1)		Date
	Property Pledged as Collateral		December 31,			December 31,
			2014			2013
	Edwards Theatres		$	—		$	11,520		—			—		$	—		—
	Red Rock Commons			—			13,970		—			—			—		—
	Excel Centre			—			12,018		—			—			—		—
	Merchant Central			—			4,370		—			—			—		—
	Gilroy Crossing			—			45,836		—			—			—		—
	The Promenade			46,125			47,957		4.8	%		4.8	%		344		Oct-15
	5000 South Hulen			13,174			13,421		5.6	%		6.9	%		83		Apr-17
	Lake Pleasant Pavilion			27,513			27,855		6.09	%		5	%		143		October 2017
	West Broad Marketplace(2)			1,772			—		2.49	%		2.49	%		2		Jan-18
	Rite Aid — Vestavia Hills			833			1,015		7.25	%		7.25	%		21		Oct-18
	Living Spaces-Promenade			6,667			7,075		7.88	%		4.59	%		80		November 2019
	West Broad Village			39,700			39,700		3.33	%		3.33	%		110		May-20
	Downtown at the Gardens			42,545			—		4.6	%		4	%		253		Jun-22
	Lowe’s, Shippensburg			—			13,157
	Northside Mall(3)			12,000			12,000		0.05	%		1.05	%		1		Nov-35
				190,329			249,894
	Plus: premium(4)			2,419			1,297
	Mortgage notes payable, net		$	192,748		$	251,191
	-1	Amount represents the monthly payment of principal and interest at December 31, 2014.
	-2	In December 2014, the Company entered into a $58.0 million construction loan in connection with its acquisition of a developable land parcel at the West Broad Marketplace property. The maturity date of the construction loan is January 2018, but may be extended for an additional two one-year periods through January 2020 upon the payment of an extension fee. As of December 31, 2014, the construction loan bore interest at the rate of LIBOR plus a margin of 230 basis points (variable interest rate of 2.49% at December 31, 2014).
	-3	The debt represents redevelopment revenue bonds to be used for the redevelopment of this property, which mature in November 2035. Interest is reset weekly and determined by the bond remarketing agent based on the market value of the bonds (interest rate of 0.05% at December 31, 2014 and 0.10% at December 31, 2013). The interest rate on the bonds is currently priced off of the Securities Industry and Financial Markets Association Index but could change based on the credit of the bonds. The bonds are secured by a $12.1 million letter of credit issued by the Company from the Company’s unsecured revolving credit facility. An underwriter’s discount related to the original issuance of the bonds with a remaining balance of $100,000 and $105,000 at December 31, 2014 and 2013, respectively, is being amortized as additional interest expense through November 2035.
	-4	Represents (a) the fair value adjustment on assumed debt on acquired properties at the time of acquisition to account for below- or above-market interest rates and (b) an underwriter’s discount for the issuance of redevelopment bonds.
	Total interest cost capitalized for the years ended December 31, 2014, 2013 and 2012 was $1.4 million, $142,000 and $243,000, respectively.
	The Company’s mortgage debt maturities at December 31, 2014 for each of the next five years and thereafter are as follows (dollars in thousands):
	Year Ending December 31,		Amount
	2015		$	48,606
	2016			3,070
	2017			42,192
	2018			4,722
	2019			6,390
	Thereafter			85,349
			$	190,329
	Term Loan:
	On December 18, 2014, the Operating Partnership entered into a term loan agreement (the “Term Loan”) with a borrowing capacity of up to $50.0 million. The Term Loan bears interest at the rate of LIBOR plus a margin of 115 basis points and has an initial maturity date of June 30, 2015, which may be extended for an additional five months at the Operating Partnership’s option and upon the payment of an extension fee. Outstanding borrowings may be prepaid by the Operating Partnership in whole or in part at any time prior to the maturity date with three days prior notice. Under the Term Loan, the Operating Partnership is subject to the same covenants as those required under the Company’s unsecured revolving credit facility (as noted below). Borrowings under the Term Loan were $50.0 million (included in the balance of notes payable in the accompanying consolidated balance sheets) with an interest rate of 1.32% at December 31, 2014. At December 31, 2014, the Operating Partnership believes that it was in compliance with all financial covenants.
	Notes Payable:
	Unsecured Revolving Credit Facility
	The Operating Partnership’s unsecured revolving credit facility has a borrowing capacity of $300.0 million, which may be increased from time to time up to an additional $200.0 million for a total borrowing capacity of $500.0 million, subject to receipt of lender commitments and other conditions precedent. The maturity date is April 6, 2018 and may be extended for an additional nine months at the Operating Partnership’s option. The Operating Partnership is subject to covenants requiring, among other things, the maintenance of (1) maximum leverage ratios on unsecured, secured and overall debt and (2) minimum fixed coverage ratios. At December 31, 2014, the Operating Partnership believes that it was in compliance with all financial covenants in the credit agreement.
	As of December 31, 2014, the unsecured revolving credit facility bore interest at the rate of LIBOR plus a margin of 90 to 170 basis points (margin of 130 basis point at December 31, 2014), depending on the Parent Company’s credit rating. As of December 31, 2014, the Operating Partnership was responsible for paying a fee of 0.25% or 0.30% on the full capacity of the facility. Borrowings under the unsecured revolving credit facility were $238.0 million and $179.5 million with a weighted-average interest rate of 1.47% and 1.67% at December 31, 2014 and 2013, respectively. The Operating Partnership has issued $16.9 million in letters of credit from the unsecured revolving credit facility, which secure an outstanding $12.0 million bond payable for the Northside Mall property and construction activities at the Southlake Park Village property. The Northside Mall property bond is included with the mortgages payable on the Company’s consolidated balance sheets. At December 31, 2014, there was approximately $45.1 million available for borrowing under the unsecured revolving credit facility.
	Unsecured Notes:
	Unsecured Senior Notes due 2020 and 2023
	As of December 31, 2014, the Operating Partnership had outstanding $100.0 million aggregate principal amount of senior unsecured notes issued to various entities associated with the Prudential Capital Group. Of the senior unsecured notes, $75.0 million are designated Series A Notes and will mature in November 2020, with a fixed interest rate of 4.40%, and $25.0 million are designated Series B Notes and will mature in November 2023, with a fixed interest rate of 5.19% (the Series A Notes and the Series B Notes are referred to collectively as the “Notes due 2020 and 2023”). The terms of the Notes due 2020 and 2023 are governed by a Note Purchase Agreement, dated November 12, 2013 (the “Purchase Agreement”), among the Operating Partnership, as issuer, the Parent Company and the purchasers named therein. Interest on the Notes due 2020 and 2023 is payable quarterly, beginning on February 12, 2014. The Operating Partnership may prepay all or a portion of the Notes due 2020 and 2023 upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the Purchase Agreement.
	The Purchase Agreement contains various restrictive covenants, including limitations on the Operating Partnership’s ability to incur additional indebtedness and requirements to maintain a pool of unencumbered assets. The Operating Partnership’s obligations under the Notes due 2020 and 2023 are fully and unconditionally guaranteed by the Parent Company and certain of its subsidiaries. Certain events would be considered events of default and could result in the acceleration of the maturity of the Notes.
	Unsecured Senior Notes due 2024
	On May 12, 2014, the Operating Partnership completed the issuance of $250.0 million aggregate principal amount of 4.625% senior unsecured notes due 2024 (the “Notes due 2024”). The Notes due 2024 bear interest at 4.625% per annum and were issued at 99.477% of the principal amount to yield 4.691% to maturity. Interest is payable on May 15 and November 15 of each year beginning November 15, 2014 until the maturity date of May 15, 2024. The Operating Partnership’s obligations under the Notes due 2024 are fully and unconditionally guaranteed by the Parent Company. On or before February 15, 2024, the Operating Partnership may redeem all or a portion of the Notes due 2024 upon notice to the holders at a redemption price equal to the greater of (1) 100% of the principal amount of the Notes due 2024 being redeemed and (2) 100% of the principal amount plus a make-whole premium as set forth in the Indenture governing the Notes due 2024 (the “Indenture”), plus accrued and unpaid interest up to, but not including, the redemption date. After February 15, 2024, the redemption price will be equal to 100% of the principal amount of the Notes due 2024 being redeemed, plus accrued and unpaid interest up to, but not including, the redemption date.
	The Notes due 2024 are senior unsecured obligations of the Operating Partnership and rank equally in right of payment with all other senior unsecured indebtedness of the Operating Partnership. However, the Notes due 2024 are effectively subordinated to the Operating Partnership’s existing and future mortgages and other secured indebtedness (to the extent of the value of the collateral securing such indebtedness) and to all existing and future preferred equity and liabilities, whether secured or unsecured, of the Operating Partnership’s subsidiaries, including guarantees provided by the Operating Partnership’s subsidiaries under the Company’s unsecured line of credit.
	The Indenture contains certain covenants that, among other things, limit the Company’s ability to consummate a merger, consolidation or sale of all or substantially all of its assets or incur additional indebtedness.
	The carrying value of the Notes due 2024 as of December 31, 2014 and 2013 was as follows (in thousands):
			December 31,
			2014			2013
	Principal amount		$	250,000			—
	Unamortized debt discount			(1,242	)		—
	Carrying value		$	248,758		$	—

Earnings_Per_Share_of_the_Pare

Earnings Per Share of the Parent Company	12 Months Ended
	Feb. 24, 2015
Earnings Per Share of the Parent Company	9. Earnings Per Share of the Parent Company
	Basic earnings (loss) per share of the Parent Company is computed by dividing income (loss) applicable to common stockholders by the weighted average shares outstanding, as adjusted for the effect of participating securities. The Parent Company’s unvested restricted share awards are participating securities as they contain non-forfeitable rights to dividends. The impact of unvested restricted share awards on earnings (loss) per share has been calculated using the two-class method whereby earnings are allocated to the unvested restricted share awards based on dividends and the unvested restricted shares’ participation rights in undistributed earnings (losses).
	The calculation of diluted earnings per share for the year ended December 31, 2014 does not include 601,366 shares of unvested restricted common stock or 1,019,523 OP units, as the effect of including these equity securities was anti-dilutive to loss from continuing operations and net loss attributable to the common stockholders. The calculation of diluted earnings per share for the year ended December 31, 2013 does not include 669,587 shares of unvested restricted common stock or 1,197,553 OP units, as the effect of including these equity securities was anti-dilutive to loss from continuing operations and net loss attributable to the common stockholders. The calculation of diluted earnings per share for the year ended December 31, 2012 does not include 701,396 shares of unvested restricted common stock, 72,944 shares of contingently issuable common stock related to the 2011 Edwards Theatres property acquisition, or 1,231,496 OP units, as the effect of including these equity securities was anti-dilutive to loss from continuing operations and net loss attributable to the common stockholders. In addition, 2,979,720, 3,347,661 and 3,333,400 shares of common stock, which were issuable upon settlement of the conversion feature of the 7.00% Series A Cumulative Convertible Perpetual Preferred Stock (“Series A preferred stock”) for the years ended December 31, 2014, 2013 and 2012, respectively, were anti-dilutive and were not included in the calculation of diluted earnings per share based on the “if converted” method.
	Computations of basic and diluted earnings per share for the years ended December 31, 2014, 2013 and 2012 were as follows (in thousands, except share data):
		Year Ended
		December 31,
		2014			2013			2012
	Basic earnings per share:
	Income (loss) from continuing operations	$	9,092		$	7,573		$	1,710
	Preferred dividends		(10,380	)		(10,976	)		(10,353	)
	Cost of redemption of preferred stock		(1,687	)		—			—
	Allocation to participating securities		(299	)		(419	)		(456	)
	Income from continuing operations attributable to non-controlling interests		(340	)		(531	)		(340	)
	Loss from continuing operations applicable to the common stockholders	$	(3,614	)	$	(4,353	)	$	(9,439	)
	Net income (loss) attributable to the common stockholders	$	(3,315	)	$	8,548		$	(8,490	)
	Allocation to participating securities		(299	)		(419	)		(456	)
	Net income (loss) applicable to the common stockholders	$	(3,614	)	$	8,129		$	(8,946	)
	Weighted-average common shares outstanding:
	Basic and diluted		54,340,537			46,925,760			34,680,877
	Basic and diluted earnings per share:
	Loss from continuing operations per share attributable to the common stockholders	$	(0.07	)	$	(0.09	)	$	(0.27	)
	Income from discontinued operations per share attributable to the common stockholders		—			0.26			0.01
	Net income (loss) per share attributable to the common stockholders	$	(0.07	)	$	0.17		$	(0.26	)
Excel Trust, L.P.
Earnings Per Share of the Parent Company	10. Earnings Per Unit of the Operating Partnership
	Basic earnings (loss) per unit of the Operating Partnership is computed by dividing income (loss) applicable to unitholders by the weighted average OP units outstanding, as adjusted for the effect of participating securities. The Operating Partnership’s unvested restricted OP unit awards are participating securities as they contain non-forfeitable rights to dividends. The impact of unvested restricted OP unit awards on earnings (loss) per unit has been calculated using the two-class method whereby earnings are allocated to the unvested restricted OP unit awards based on distributions and the unvested restricted OP units’ participation rights in undistributed earnings (losses).
	The calculation of diluted earnings per unit for the year ended December 31, 2014 does not include 601,366 unvested restricted OP units, as the effect of including these equity securities was anti-dilutive to loss from continuing operations and net loss attributable to the unitholders. The calculation of diluted earnings per unit for the year ended December 31, 2013 does not include 669,587 unvested restricted OP units as the effect of including these equity securities was anti-dilutive to loss from continuing operations and net loss attributable to the unitholders. The calculation of diluted earnings per unit for the year ended December 31, 2012 does not include 701,396 unvested restricted OP units or 72,944 units of contingently issuable OP units related to the 2011 Edwards Theatres property acquisition as the effect of including these equity securities was anti-dilutive to loss from continuing operations and net loss attributable to the unitholders. In addition, 2,979,720, 3,347,661 and 3,333,400 OP units, which were issuable upon settlement of the conversion feature of the 7.00% Series A Cumulative Convertible Perpetual Preferred Units (“Series A preferred units”) for the years ended December 31, 2014, 2013 and 2012, respectively, were anti-dilutive and were not included in the calculation of diluted earnings per unit based on the “if converted” method.
	Computations of basic and diluted earnings per unit for the years ended December 31, 2014, 2013 and 2012 were as follows (in thousands, except unit data):
		Year Ended
		December 31,
		2014			2013			2012
	Basic earnings per unit:
	Income (loss) from continuing operations	$	9,092		$	7,573		$	1,710
	Preferred distributions		(10,380	)		(10,976	)		(10,353	)
	Cost of redemption of preferred OP units		(1,687	)		—			—
	Allocation to participating securities		(299	)		(419	)		(456	)
	Income from continuing operations attributable to non-controlling interests		(366	)		(335	)		(279	)
	Loss from continuing operations applicable to the unitholders	$	(3,640	)	$	(4,157	)	$	(9,378	)
	Net income (loss) attributable to the unitholders	$	(3,341	)	$	8,781		$	(8,787	)
	Allocation to participating securities		(299	)		(419	)		(456	)
	Net income (loss) applicable to the unitholders	$	(3,640	)	$	8,362		$	(9,243	)
	Weighted-average common OP units outstanding:
	Basic and diluted		55,495,318			48,123,312			35,912,370
	Basic and diluted earnings per unit:
	Loss from continuing operations per unit attributable to the unitholders	$	(0.07	)	$	(0.09	)	$	(0.26	)
	Income from discontinued operations per unit attributable to the unitholders		—			0.26			—
	Net income (loss) per unit attributable to the unitholders	$	(0.07	)	$	0.17		$	(0.26	)

Derivatives_and_Hedging_Activi

Derivatives and Hedging Activities	12 Months Ended
	Dec. 31, 2014
Derivatives and Hedging Activities	11. Derivatives and Hedging Activities
	In December 2010, the Company executed two pay-fixed interest rate swaps with a notional value of $55.8 million (weighted average interest rate of 1.41%) to hedge the variable cash flows associated with one of the Company’s mortgage payables. As a result of the interest rate swaps, the Company either (1) received the difference between a fixed interest rate (the “Strike Rate”) and one-month LIBOR if the Strike Rate was less than LIBOR or (2) paid such difference if the Strike Rate was greater than LIBOR. No initial investment was made to enter into either of the interest rate swap agreements. The two interest rate swaps were settled during the three months ended December 31, 2013 in connection with the repayment of the underlying mortgage note at the Park West Place property. The Company had no derivative financial instruments prior to the execution of the two swaps.
	During the years ended December 31, 2014, 2013 and 2012, the Company did not record any amounts in earnings attributable to hedge ineffectiveness.
	Tabular Disclosure of the Effect of Derivative Instruments on the Income Statement
	The tables below present the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the years ended December 31, 2014, 2013 and 2012 (in thousands):
		Years Ended
		December 31,
		2014		2013			2012
	Amount of unrealized gain (loss) recognized in OCI (effective portion):
	Interest rate swaps	$	—	$	(19	)	$	(305	)
	Other derivatives		—		—			—
	Total	$	—	$	(19	)	$	(305	)
	Amount of loss reclassified from accumulated OCI into income (effective portion):
	Interest rate swaps (interest expense)	$	—	$	(639	)	$	(649	)
	Other derivatives		—		—			—
	Total	$	—	$	(639	)	$	(649	)
	Amount of gain (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing):
	Interest rate swaps (other income/expense)	$	—	$	—		$	—
	Other derivatives (changes in fair value of financial instruments and gain on OP unit redemption)		—		230			1,530
	Total	$	—	$	230		$	1,530

Equity_of_the_Parent_Company

Equity of the Parent Company	12 Months Ended
	Dec. 31, 2014
Equity of the Parent Company	12. Equity of the Parent Company
	The Parent Company has issued restricted stock awards to senior executives, directors and employees totaling 1,324,509 shares of common stock (net of forfeitures and unvested awards of 492,864 shares), which are included in the total shares of common stock outstanding as of December 31, 2014.
	As of December 31, 2014, the Parent Company had outstanding 1,180,975 shares of Series A preferred stock, with a liquidation preference of $25.00 per share. The Parent Company pays cumulative dividends on the Series A preferred stock when, as and if declared by the Parent Company’s board of directors, at a rate of 7.00% per annum, subject to adjustment in certain circumstances. The annual dividend on each share of Series A preferred stock is $1.75, payable quarterly in arrears on or about the 15th day of January, April, July and October of each year. Holders of the Series A preferred stock generally have no voting rights except for limited voting rights if the Parent Company fails to pay dividends for six or more quarterly periods (whether or not consecutive) and in certain other circumstances. The Series A preferred stock is convertible, at the holders’ option, at any time and from time to time, into common stock of the Parent Company. The initial conversion rate of the Series A preferred stock was 1.6667 shares of common stock per share of Series A preferred stock. Effective September 26, 2013 (the ex-dividend date), the conversion rate was adjusted to 1.6836 shares of common stock per share of Series A preferred stock as a result of the aggregate dividends that the Parent Company declared and paid on its common stock, beginning with the quarter ended September 30, 2011 and through the quarter ended September 30, 2013, being in excess of the reference dividend of $0.15 per share. The conversion rate will continue to be subject to customary adjustments in certain circumstances. Since April 1, 2014, the Parent Company has had, the option to convert some or all of the Series A preferred stock into common stock if the closing price of the common stock equals or exceeds 140% of the conversion price for at least 20 of the 30 consecutive trading days ending the day before the notice of exercise of conversion is sent and the Parent Company has either declared and paid, or declared and set apart for payment, any unpaid dividends that are in arrears on the Series A preferred stock.
	As of December 31, 2014, the Parent Company had outstanding 3,680,000 shares of Series B preferred stock, with a liquidation preference of $25.00 per share. The Parent Company pays cumulative dividends on the Series B preferred stock, when, as and if declared by the Parent Company’s board of directors, at a rate of 8.125% per annum, subject to adjustment in certain circumstances. The annual dividend on each share of Series B preferred stock is $2.03125, payable quarterly in arrears on or about the 15th day of January, April, July and October of each year. Holders of the Series B preferred stock generally have no voting rights except for limited voting rights if the Parent Company fails to pay dividends for six or more quarterly periods (whether or not consecutive) and in certain other circumstances. At any time on and after January 31, 2017, the Parent Company may, at its option, redeem the Series B preferred stock, in whole or from time to time in part, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. In addition, upon the occurrence of a change of control, the Parent Company or a successor may, at its option, redeem the Series B preferred stock, in whole or in part and within 120 days after the first date on which such change of control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption.
	The Parent Company’s board of directors has authorized a stock repurchase program under which the Parent Company may acquire up to $50.0 million of its common stock and preferred stock in open market and negotiated purchases with no expiration date (the repurchase program was increased from $30.0 million to $50.0 million in February 2014). During the year ended December 31, 2014, the Parent Company repurchased 105,775 shares of its common stock for an aggregate cost of approximately $1.4 million (including transaction costs) at a weighted-average purchase price of $12.52 per share, and 819,025 shares of its Series A preferred stock for an aggregate cost of approximately $21.2 million (including transaction costs) at a weighted-average purchase price of $25.68 per share. The repurchased shares of common stock and preferred stock were subsequently retired by the Parent Company and resulted in a cost of approximately $1.7 million for the repurchase of the preferred stock, which is classified as cost of redemption of preferred stock on the accompanying consolidated statements of operations and comprehensive income. No stock was repurchased during the year ended December 31, 2013. As of December 31, 2014, approximately $20.9 million remained available under the stock repurchase program to acquire outstanding shares of the Parent Company’s common stock and preferred stock.
	The Parent Company and the Operating Partnership have entered into equity distribution agreements (the “Equity Distribution Agreements”) with four sales agents, under which the Parent Company can issue and sell shares of its common stock from time to time through, at its discretion, any of the sales agents. The Equity Distribution Agreements were initially entered into in March 2012 with an aggregate offering price of up to $50.0 million and subsequently amended and restated in May 2013, permitting additional sales with an aggregate offering price of up to $100.0 million. The sales of common stock made under the Equity Distribution Agreements are made in “at the market” offerings as defined in Rule 415 under the Securities Act of 1933, as amended. During the year ended December 31, 2013, the Parent Company issued 3,211,928 shares of common stock pursuant to the Equity Distribution Agreements, resulting in net proceeds of approximately $40.7 million at an average stock issuance price of $13.05 per share. The net proceeds of $40.7 million were contributed to the Operating Partnership in exchange for 3,211,928 OP units. During the year ended December 31, 2014, the Parent Company did not issue any shares pursuant to the Equity Distribution Agreements. Subsequent to December 31, 2014, the Parent Company issued 2,227,456 shares of common stock pursuant to the Equity Distribution Agreements, resulting in net proceeds of approximately $30.2 million at an average stock issuance price of $13.75 per share. The net proceeds of $30.2 million were contributed to the Operating Partnership in exchange for 2,227,456 OP units. Approximately $64.4 million remained available under the Equity Distribution Agreements to issue and sell shares of the Parent Company’s common stock (including the effect of the subsequent issuances).
	On June 25, 2014, the Parent Company completed the issuance of 12,650,000 shares of common stock, including the exercise of the underwriters’ option to purchase an additional 1,650,000 shares, resulting in net proceeds of approximately $160.5 million, after deducting the underwriters’ discount and commissions and offering expenses. The net proceeds were contributed to the Operating Partnership in exchange for 12,650,000 OP units.
	Consolidated net income is reported in the Company’s consolidated financial statements at amounts that include the amounts attributable to both the common stockholders and the non-controlling interests. A charge/credit is recorded each period in the consolidated statements of income for the non-controlling interests’ proportionate share of the Company’s net income (loss).
	On December 31, 2014, the Parent Company accrued for a dividend of $10.7 million payable to the common stockholders of record, a dividend of $2.4 million payable to the preferred stockholders of record and a distribution of $178,000 payable to the holders of OP units of record as of December 31, 2014, each of which was paid in January 2015.
	2010 Equity Incentive Award Plan
	The Company has established the 2010 Equity Incentive Award Plan of Excel Trust, Inc. and Excel Trust, L.P. (the “2010 Plan”), pursuant to which the Parent Company’s board of directors or a committee of its independent directors may make grants of stock options, restricted stock, stock appreciation rights and other stock-based awards to its non-employee directors, employees and consultants (an equivalent amount of common OP units are issued to the Parent Company for each such grant with similar terms and conditions). The maximum number of shares of the Parent Company’s common stock that may be issued pursuant to the 2010 Plan is 2,850,000 (of which 1,525,491 shares of common stock remained available for issuance as of December 31, 2014).
	The following shares of restricted common stock were issued during the year ended December 31, 2014:
	Grant Date		Price at Grant			Number		Vesting
			Date					Period (yrs.)
	March 7, 2014(1)		$	12.57			4,000		4
	March 18, 2014(2)		$	12.8			558,331		1, 3
	March 24, 2014(3)		$	12.56			83,500		3
	May 13, 2014(4)		$	12.89			12,412		1
	-1	Shares issued to certain of the Company’s employees. These shares vest over four years with 25% vesting on the first anniversary of the grant date and the remainder vesting in equal quarterly installments thereafter.
	-2	Shares issued to senior management and other employees of the Company. A portion of the stock grants (452,500 shares of restricted common stock) vest over a three-year period and include performance or service conditions. The remaining stock grants (105,831 shares of restricted common stock) include a variety of performance and market conditions, with the restricted shares vesting on December 31, 2014 based on the achievement of the Company’s objectives during the year ended December 31, 2014.
	-3	Shares issued to certain of the Company’s employees. These shares vest over a three-year period with 33% vesting in equal annual installments on December 31, 2014, 2015 and 2016.
	-4	Shares issued to members of the Company’s board of directors. These shares vest in equal quarterly installments.
	Shares of the Parent Company’s restricted common stock generally may not be sold, pledged, assigned or transferred in any manner other than by will or the laws of descent and distribution or, subject to the consent of the administrator of the 2010 Plan, a domestic relations order, unless and until all restrictions applicable to such shares have lapsed. Such restrictions expire upon vesting. Shares of the Parent Company’s restricted common stock have full voting rights and rights to dividends upon grant. The Company recognized compensation expense during the years ended December 31, 2014, 2013 and 2012 of $4.6 million, $2.3 million and $3.2 million, respectively, related to the restricted common stock grants ultimately expected to vest. ASC Topic 718, Compensation — Stock Compensation, requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. The Company has estimated $0 in forfeitures for all periods presented. Stock compensation expense is included in general and administrative expense in the accompanying consolidated statements of operations.
	As of December 31, 2014 and 2013, there was approximately $5.1 million and $1.6 million, respectively; of total unrecognized compensation expense related to the non-vested shares of the Parent Company’s restricted common stock. As of December 31, 2014 and 2013, this expense was expected to be recognized over a weighted-average remaining period of 1.8 and 1.1 years, respectively.
			Number of Nonvested			Weighted
			Shares of Restricted			Average Grant
			Common Stock			Date Fair Value
	Balance — January 1, 2014			611,683		$	9.73
	Grants			658,243		$	12.77
	Forfeitures/Expirations			(469,864	)	$	8.9
	Vested			(372,482	)	$	12.69
	Balance — December 31, 2014(1)			427,580		$	12.75
	-1	During the year ended December 31, 2014, 597 shares of common stock were surrendered to the Parent Company and subsequently retired in lieu of cash payments for taxes due on the vesting of restricted stock. The forfeiture of these shares is reflected in the accompanying consolidated statements of equity and capital as a decrease of the total restricted common shares issued during each period presented.
	Agreements to provide profit participation interests related to development projects at certain properties are treated as stock-based compensation awards granted to a non-employee, which are classified as liabilities. The liability awards are carried at the greater of the grant date fair value or the estimated amount that would be owed if the obligation were to be settled as of the reporting date. There were no new profit participation interests awards granted during the year ended December 31, 2014. The current estimated settlement values for each of the profit participation interests are based on discounted cash flow models for each of the individual development projects subject to the awards. The critical assumptions utilized in those models at December 31, 2014 were the discount rates (ranging from 14.1% to 14.6%) and terminal capitalization rates (ranging from 7.85% to 8.25%). Other relevant assumptions in the models included estimates of remaining costs to complete construction and rental rate and lease-up assumptions. A profit participation interest related to a development project at the Plaza at Rockwall property in the amount of approximately $2.0 million was settled during the year ended December 31, 2014 (See Note 7). At December 31, 2014, obligations related to profit participation interests in the amount of approximately $2.9 million are included in other liabilities in the accompanying consolidated balance sheets.
	401(k) Retirement Plan
	The Company maintains a 401(k) retirement plan covering substantially all employees, which permits participants to defer up to the maximum allowable amount of their eligible compensation as determined by the Internal Revenue Service. This deferred compensation, together with Company matching contributions equal to 100% of employee deferrals up to 3.0% of eligible compensation and 50% of employee deferrals for the next 2.0% of eligible compensation, is fully vested and funded as of December 31, 2014. Costs related to the matching portion of the plan for the years ended December 31, 2014, 2013 and 2012 were approximately $160,000, $150,000 and $119,000, respectively.

Equity_of_the_Operating_Partne

Equity of the Operating Partnership	12 Months Ended
	Dec. 31, 2014
Equity of the Operating Partnership	13. Equity of the Operating Partnership
	As of December 31, 2014, the Operating Partnership had outstanding 62,132,895 OP units. The Parent Company owned 98.3% of the partnership interests in the Operating Partnership at December 31, 2014, is the Operating Partnership’s general partner and is responsible for the management of the Operating Partnership’s business. As the general partner of the Operating Partnership, the Parent Company effectively controls the ability to issue common stock of the Parent Company upon a limited partner’s notice of redemption. In addition, the Parent Company has generally acquired OP units upon a limited partner’s notice of redemption in exchange for shares of its common stock. The redemption provisions of OP units owned by limited partners that permit the Parent Company to settle in either cash or common stock at the option of the Parent Company are further evaluated in accordance with applicable accounting guidance to determine whether temporary or permanent equity classification on the balance sheet is appropriate. The Operating Partnership evaluated this guidance, including the requirement to settle in unregistered shares, and determined that these OP units meet the requirements to qualify for presentation as permanent equity.
	As of December 31, 2014, the Operating Partnership had outstanding 1,180,975 Series A preferred units and 3,680,000 8.125% Series B Cumulative Redeemable Preferred Units (collectively referred to as the “Preferred Units”). The Preferred Units were issued to the Parent Company in exchange for the net proceeds from the issuance of preferred stock of the Parent Company and contain the same terms and conditions as the preferred stock instruments (including, among other things, distribution rates and exchange or redemption provisions).
	During the year ended December 31, 2014, the Operating Partnership repurchased 819,025 Series A preferred units from the Parent Company (in connection with the Parent Company’s repurchase of its Series A preferred stock) for an aggregate cost of approximately $21.2 million at a weighted-average purchase price of $25.68 per unit. The Series A preferred units were subsequently retired by the Operating Partnership. The repurchase resulted in a cost of approximately $1.7 million, which is classified as cost of redemption of preferred units on the accompanying consolidated statements of operations.
	During the year ended December 31, 2014, the Operating Partnership repurchased 105,775 common OP units from the Parent Company (in connection with the Parent Company’s repurchase of its common stock) for an aggregate cost of approximately $1.4 million at a weighted-average purchase price of $12.52 per unit. The OP units were subsequently retired by the Operating Partnership. No OP units were repurchased from the Parent Company in connection with repurchases of its common stock during the year ended December 31, 2013.
	In connection with the Equity Distribution Agreements, during the year ended December 31, 2013 the Operating Partnership issued 3,211,928 OP units to the Parent Company in exchange for net proceeds of approximately $40.7 million. During the year ended December 31, 2014, the Operating Partnership did not issue any OP units to the Parent Company in connection with the Equity Distribution Agreements. Subsequent to December 31, 2014, the Operating Partnership issued 2,227,456 OP units to the Parent Company in exchange for net proceeds of approximately $30.2 million.
	On June 25, 2014, the Operating Partnership issued 12,650,000 OP units to the Parent Company in exchange for net proceeds of approximately $160.5 million (in connection with the Parent Company’s public offering of common stock).
	Consolidated net income is reported in the Operating Partnership’s consolidated financial statements at amounts that include the amounts attributable to both the unitholders and the non-controlling interests in a consolidated joint venture property.
	The following table shows the vested partnership interests in the Operating Partnership as of December 31, 2014 and 2013:
		December 31, 2014					December 31, 2013
		OP		Percentage			OP		Percentage
		Units		of Total			Units		of Total
	Excel Trust, Inc.		60,685,792		98.3	%		47,769,682		97.9	%
	Non-controlling interests consisting of:
	OP units held by employees and third parties		1,019,523		1.7	%		1,019,523		2.1	%
	Total		61,705,315		100	%		48,789,205		100	%

Discontinued_Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2014
Discontinued Operations	14. Discontinued Operations
	On July 19, 2013, the Company completed the disposition of the Walgreens property, located in North Corbin, Kentucky, for a sales price of approximately $4.5 million, excluding closing costs. On September 13, 2013, the Company completed the disposition of the Grant Creek Town Center property, located in Missoula, Montana, for a sales price of approximately $32.3 million, excluding closing costs. The Grant Creek Town Center property sale was classified as an exchange pursuant to section 1031 of the Internal Revenue Code of 1986, as amended (the “Code”); therefore, the funds were restricted as to their usage and were reflected as restricted cash on the consolidated balance sheets until subsequently utilized to provide the purchase price for the acquisition of two properties during the year ended December 31, 2013 — see Note 3.
	All properties sold were part of the retail properties segment — see Note 20. The following table provides information regarding the disposition of the properties:
			(in thousands)
	Property		Sales Price		Gain on Sale			Date of Sale		Acquisition Date
	Walgreens — North Corbin		$	4,514	$	1,129			7/19/13		5/24/10
	Grant Creek Town Center		$	32,343	$	10,926			9/13/13		8/27/10
	The results of operations for these properties are reported as discontinued operations for all periods presented in the accompanying consolidated statements of operations. The following table summarizes the revenue and expense components that comprise income from discontinued operations (dollars in thousands):
			Years Ended
			December 31,
			2014		2013			2012
	Total revenues		$	—	$	1,805		$	2,723
	Total expenses			—		1,341			2,588
	Income before non-controlling interests and gain on sale of real estate assets from discontinued operations			—		464			135
	Gain on sale of real estate assets from discontinued operations			—		12,055			—
	Non-controlling interest in discontinued operations(1)			—		(37	)		358
	Income from discontinued operations available to the common stockholders		$	—	$	12,482		$	493
	-1	Amounts represent the portion of non-controlling interest related to OP units not held by the Parent Company that would be attributable to discontinued operations (no amounts would be allocable with respect to the consolidated financial statements of the Operating Partnership).

Investment_in_Unconsolidated_E

Investment in Unconsolidated Entities	12 Months Ended
	Dec. 31, 2014
Investment in Unconsolidated Entities	15. Investment in Unconsolidated Entities
	In September 2012, the Company formed a limited liability company (“La Costa LLC”) with GEM Realty Capital, Inc. (“GEM”) in which the Company and GEM held 20% and 80% ownership interests, respectively. La Costa LLC was the owner of the La Costa Town Center property. The Company’s ownership interest in La Costa LLC was reflected in the accompanying balance sheets at the Company’s historical cost basis as an investment in a profit-sharing arrangement. La Costa LLC did not qualify as a VIE and consolidation was not required as the Company did not control the operations of the property and the majority owner bore the majority of any losses incurred. On October 9, 2014, the La Costa LLC completed the disposition of the La Costa Town Center property for a sales price of approximately $31.6 million, excluding closing costs (the Company’s proportionate share of the sales price was $6.3 million). The sale resulted in the Company’s recognition of a gain of approximately $2.1 million on the disposition of its investment in the entity, which was recognized in income in equity from unconsolidated entities on the accompanying consolidated statements of operations.
	The Company holds a 50% tenant-in-common ownership interest in The Fountains at Bay Hill property (“Bay Hill”). The remaining 50% undivided interest in the Bay Hill property is held by MDC Fountains, LLC (“MDC”). The Bay Hill property does not qualify as a VIE and consolidation is not required as the Company does not control the operations of the property. The Company receives 50% of the cash flow distributions and recognizes 50% of the results of operations. In addition, the Company receives fees in its role as the day-to-day property manager. The Company’s 50% ownership interest is reflected in the accompanying balance sheets as an investment in unconsolidated entities and the Company’s interest in the income or losses of the property is recorded based on the equity method of accounting.
	General information on the Bay Hill property as of December 31, 2014 is as follows:
	Unconsolidated Investment		Partner		Ownership Interest			Formation/	Property
								Acquisition Date
	Bay Hill(1)			MDC		50	%	October 19, 2012	The Fountains at Bay Hill
	-1	At December 31, 2014, Bay Hill had real estate assets of $36.4 million, total assets of $39.4 million, mortgages payable of $24.0 million and total liabilities of $25.8 million. At December 31, 2013, Bay Hill had real estate assets of $37.0 million, total assets of $39.9 million, mortgages payable of $23.4 million and total liabilities of $25.6 million. Total revenues were $4.0 million, $3.8 million and $682,000, total expenses were $2.8 million, $3.3 million and $800,000 (including interest expense) and net income (loss) was $1.2 million, $489,000 and ($118,000) for the years ended December 31, 2014, 2013 and 2012, respectively. The outstanding mortgage note was refinanced in October 2014 with a notional amount of $24.0 million, which bears interest at a fixed rate of 3.75%. The new mortgage note has a maturity date of November 1, 2021.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2014
Related Party Transactions	16. Related Party Transactions
	Subsequent to the Parent Company’s initial public offering, many of the employees of Excel Realty Holdings, LLC (“ERH”) became employees of the Company. ERH reimburses the Company for estimated time the Company employees spend on ERH related matters. For the years ended December 31, 2014, 2013 and 2012, approximately $326,000, $333,000 and $313,000, respectively, was reimbursed to the Company from ERH and included in other income in the consolidated statements of operations.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2014
Income Taxes	17. Income Taxes
	Income Taxes of the Parent Company
	The Parent Company elected to be taxed as a REIT under the Code, beginning with the taxable year ended December 31, 2010. To qualify as a REIT, the Parent Company must meet a number of organizational and operational requirements, including the requirement that it distribute currently at least 90% of its REIT taxable income to its stockholders (excluding any net capital gain). It is the Parent Company’s intention to comply with these requirements and maintain the Parent Company’s REIT status. As a REIT, the Parent Company generally will not be subject to corporate federal, state or local income taxes on income it distributes currently (in accordance with the Code and applicable regulations) to its stockholders. If the Parent Company fails to qualify as a REIT in any taxable year, then it will be subject to federal, state and local income taxes at regular corporate rates and may not be able to qualify as a REIT for subsequent tax years. Even if the Parent Company qualifies for taxation as a REIT, it may be subject to certain state and local taxes on its income, properties and operations and to federal income and excise taxes on its taxable income not distributed in the amounts and in the time frames prescribed by the Code and applicable regulations thereunder and on the taxable income of any of its taxable REIT subsidiaries.
	The income tax treatment for dividends was as follows:
		December 31, 2014					December 31, 2013					December 31, 2012
		Per		Percentage			Per		Percentage			Per		Percentage
		Share		of Total			Share		of Total			Share		of Total
	Common stock:
	Ordinary income	$	0.3807		54.4	%	$	0.3731		55.5	%	$	0.426		65.8	%
	Capital gain		0.1028		14.7	%		0.0197		2.9	%		—		—
	Return of capital		0.2165		30.9	%		0.2797		41.6	%		0.2215		34.2	%
	Total	$	0.7		100	%	$	0.6725		100	%	$	0.6475		100	%
		December 31, 2014					December 31, 2013					December 31, 2012
		Per		Percentage			Per		Percentage			Per		Percentage
		Share		of Total			Share		of Total			Share		of Total
	Series A preferred stock:
	Ordinary income	$	1.3781		78.7	%	$	1.6624		95	%	$	1.75		100	%
	Capital gain		0.3719		21.3	%		0.0876		5	%		—		—
	Return of capital		—		—			—		—			—		—
	Total	$	1.75		100	%	$	1.75		100	%	$	1.75		100	%
		December 31, 2014					December 31, 2013					December 31, 2012
		Per		Percentage			Per		Percentage			Per		Percentage
		Share		of Total			Share		of Total			Share		of Total
	Series B preferred stock:
	Ordinary income	$	1.5995		78.7	%	$	1.9296		95	%	$	1.4388		100	%
	Capital gain		0.4317		21.3	%		0.1016		5	%		—		—
	Return of capital		—		—			—		—			—		—
	Total	$	2.0312		100	%	$	2.0312		100	%	$	1.4388		100	%
	The common and preferred stock dividend distributions made to holders of record as of December 31, 2014 and paid in 2015 were considered 2015 dividend distributions for federal income tax purposes.
	Income Taxes of the Operating Partnership
	As a partnership, the allocated share of income of the Operating Partnership is included in the income tax returns of the general and limited partners. Accordingly, no accounting for income taxes is required in the accompanying consolidated financial statements. The Operating Partnership may be subject to certain state or local taxes on its income and property.
	The Operating Partnership has formed a taxable REIT subsidiary (the “TRS”) on behalf of the Parent Company. In general, the TRS may perform non-customary services for tenants, hold assets that the Parent Company cannot hold directly and, except for the operation or management of health care facilities or lodging facilities or the providing of any person, under a franchise, license or otherwise, rights to any brand name under which any lodging facility or health care facility is operated, may engage in any real estate or non-real estate related business. The TRS is subject to corporate federal income taxes on its taxable income at regular corporate tax rates. The TRS accounts for income taxes in accordance with the provisions of the Income Taxes Topic of the FASB ASC, which requires the Company to account for income taxes using the asset and liability method, under which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between GAAP carrying amounts and their respective tax bases.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies	18. Commitments and Contingencies
	Litigation:
	The Company is not presently subject to any material litigation nor, to its knowledge, is any material litigation threatened against it which if determined unfavorably, would have a material effect on its consolidated financial position, results of operations or cash flows.
	Environmental Matters:
	The Company follows the policy of monitoring its properties for the presence of hazardous or toxic substances. While there can be no assurance that a material environmental liability does not exist at its properties, the Company is not currently aware of any environmental liability with respect to its properties that would have a material effect on its consolidated balance sheets, results of operations or cash flows. Further, the Company is not aware of any environmental liability or any unasserted claim or assessment with respect to an environmental liability that it believes would require additional disclosure or the recording of a loss contingency.
	Other:
	The Company’s other commitments and contingencies include the usual obligations of real estate owners and operators in the normal course of business. In management’s opinion, these matters are not expected to have a material adverse effect on its consolidated balance sheets, results of operations or cash flows. In addition, the Company expects to incur construction costs relating to development projects on portions of existing operating properties and at its non-operating properties (Chimney Rock Phase II, West Broad Marketplace and Southlake Park Village).

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2014
Fair Value of Financial Instruments	19. Fair Value of Financial Instruments
	The Company is required to disclose fair value information relating to financial instruments that are remeasured on a recurring basis and those that are only initially recognized at fair value (not required to be subsequently remeasured). The Company’s disclosures of estimated fair value of financial instruments were determined using available market information and appropriate valuation methods. The use of different assumptions or methods of estimation may have a material effect on the estimated fair value of financial instruments.
	The following table reflects the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis at December 31, 2014 (dollars in thousands):
			Balance at			Quoted Prices in			Significant Other			Significant
			December 31,			Active Markets			Observable			Unobservable Inputs
			2014			(Level 1)			Inputs (Level 2)			(Level 3)
	Fair value measurements on a recurring basis:
	Assets:
	Investment in equity securities (see Note 2)		$	10,683		$	10,683		$	—		$	—
	Total		$	10,683		$	10,683		$	—		$	—
	The following table reflects the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis at December 31, 2013 (dollars in thousands):
			Balance at			Quoted Prices in			Significant Other			Significant
			December 31,			Active Markets			Observable			Unobservable Inputs
			2013			(Level 1)			Inputs (Level 2)			(Level 3)
	Fair value measurements on a recurring basis:
	Assets:
	Other assets related to business combinations(1)		$	507		$	—		$	—		$	507
	Total		$	507		$	—		$	—		$	507
	-1	Amount reflects the fair value of funds expected to be received pursuant to master lease agreements executed in connection with the Promenade Corporate Center acquisition. The Company estimated the fair value of the asset based on its expectations of the probability of leasing or releasing spaces within the term of the master lease agreements and corresponding estimates for time required to lease, lease rates and funds required for tenant improvements and lease commissions. This amount was included in other assets in the accompanying consolidated balance sheets, with subsequent changes in the fair value of the asset recorded as a gain (loss) in earnings in the period in which the change occurs. The Company received final cash payments of $507,000 related to the master lease agreements in 2014.
	The following table reconciles the beginning and ending balances of financial instruments that are remeasured on a recurring basis using significant unobservable inputs (Level 3) as of December 31, 2014 (in thousands):
			Other Assets
			Related to Business
			Combinations(1)
	Beginning balance, January 1, 2014		$	507
	Total gains:
	Included in earnings			—
	Purchases, issuances, or settlements			(507	)
	Ending balance, December 31, 2014		$	—
	-1	The change of $507,000 for other assets related to business combinations during the year ended December 31, 2014 is comprised of payments received on the master lease agreements.
	The following table reconciles the beginning and ending balances of financial instruments that are remeasured on a recurring basis using significant unobservable inputs (Level 3) as of December 31, 2013 (in thousands):
			Other Assets			Contingent Consideration			Derivative Instruments Related
			Related to Business			Related to Business			to Business Combinations(3)
			Combinations(1)			Combinations(2)
	Beginning balance, January 1, 2013		$	992		$	(1,787	)	$	(274	)
	Total gains:
	Included in earnings			6			1,562			246
	Purchases, issuances, or settlements			(491	)		225			28
	Ending balance, December 31, 2013		$	507		$	—		$	—
	-1	The change of $485,000 for other assets related to business combinations during the year ended December 31, 2013 is comprised of payments received on the master lease assets of $491,000 and an increase in the estimated fair value of funds to be received from escrow of $6,000.
	-2	The change of $1.8 million for contingent consideration related to business combinations represents the reversal of a contingent liability related to the earn-out for one property as a result of a shortfall in expected leasing of vacant space at the property and a reduction in the contingent liability related to another property as a result of higher leasing costs than originally estimated (recognized as changes in fair value of contingent consideration in the consolidated statements of operations). Additional consideration in the amount of approximately $205,000 was paid to the former owner in October 2013.
	-3	The change of $274,000 for derivative instruments related to business combinations for the year ended December 31, 2013 is related to changes to the redemption provision for OP units issued in connection with the 2011 Edwards Theatres acquisition as a result of (a) a decrease of $246,000 due to recognition of a gain included in earnings related to changes in the fair value of the redemption obligation and (b) a decrease of $28,000 due to the redemption of corresponding OP units.
	There were no additional gains or losses, purchases, sales, issuances, settlements, or transfers in or out related to any of the three levels of the fair value hierarchy during the years ended December 31, 2014 and 2013.
	The Company has not elected the fair value measurement option for any of its other financial assets or liabilities. The Company has estimated the fair value of its financial assets using a discounted cash flow analysis based on an appropriate market rate for a similar type of instrument. The Company has estimated the fair value of its financial liabilities by using either (1) a discounted cash flow analysis using an appropriate market discount rate for similar types of instruments, or (2) a present value model and an interest rate that includes a credit value adjustment based on the estimated value of the property that serves as collateral for the underlying debt. The fair values of financial instruments not included in this table are estimated to be equal to their carrying amounts.
	The fair values of certain additional financial assets and liabilities at December 31, 2014 and 2013 (fair value measurements categorized as Level 3 of the fair value hierarchy) are as follows (in thousands):
			December 31, 2014						December 31, 2013
			Carrying			Fair Value			Carrying			Fair Value
			Amount						Amount
	Financial assets:
	Note receivable (Other Assets)		$	—		$	—		$	750		$	750
	Financial liabilities:
	Mortgage notes payable			192,748			195,729			251,191			254,473
	Notes payable			238,000			235,940			179,500			179 ,500
	Unsecured notes			348,758			353,662			100,000			100,000
	Term loan			50,000			50,000			—			—

Segment_Disclosure

Segment Disclosure	12 Months Ended
	Dec. 31, 2014
Segment Disclosure	20. Segment Disclosure
	The Company’s reportable segments consist of the three types of commercial real estate properties for which management internally evaluates operating performance and financial results: Office Properties, Multi-family Properties and Retail Properties. The Company was formed for the primary purpose of owning and operating Retail Properties. As such, administrative costs are shown under the Retail Properties segment. The Retail Properties operating segment also includes undeveloped land which the Company intends to develop into retail properties.
	The Company evaluates the performance of the operating segments based upon property operating income. “Property Operating Income” is defined as operating revenues (rental revenue, tenant recoveries and other income) less property operating expenses (maintenance and repairs, real estate taxes, management fees, and other operating expenses). The Company also evaluates interest expense, interest income, and depreciation and amortization by segment. Corporate general and administrative expense, interest expense related to corporate indebtedness and other non-recurring gains or losses are reflected within the Retail Properties operating segment as this constitutes the Company’s primary business objective and represents the majority of its operations. There is no intersegment activity.
	The following table reconciles the Company’s segment activity to its consolidated results of operations for the years ended December 31, 2014, 2013 and 2012 (in thousands).
		For theYear Ended
		December 31,
		2014			2013			2012
	Office Properties:
	Total revenues	$	9,205		$	8,610		$	8,522
	Property operating expenses		(3,492	)		(3,456	)		(3,254	)
	Property operating income, as defined		5,713			5,154			5,268
	Changes in fair value of contingent consideration		—			6			281
	General and administrative costs		(11	)		(28	)		(102	)
	Depreciation and amortization		(3,566	)		(3,725	)		(3,748	)
	Interest expense		(192	)		(772	)		(790	)
	Interest income		1			—			—
	Net income	$	1,945		$	635		$	909
	Multi-family Properties:
	Total revenues	$	5,420		$	5,413		$	1,074
	Property operating expenses		(1,864	)		(1,834	)		(233	)
	Property operating income, as defined		3,556			3,579			841
	General and administrative costs		(50	)		(131	)		(135	)
	Depreciation and amortization		(1,852	)		(2,760	)		(766	)
	Net income (loss)	$	1,654		$	688		$	(60	)
	Retail Properties:
	Total revenues	$	115,698		$	98,519		$	74,825
	Property operating expenses		(26,506	)		(22,760	)		(16,642	)
	Property operating income, as defined		89,192			75,759			58,183
	Changes in fair value of contingent consideration		—			1,562			—
	General and administrative costs		(17,948	)		(13,712	)		(13,559	)
	Depreciation and amortization		(45,243	)		(39,661	)		(30,286	)
	Interest expense		(23,975	)		(18,172	)		(14,860	)
	Interest income		239			204			173
	Income (loss) from equity in unconsolidated entities		2,578			40			(320	)
	Gain on sale of real estate assets		—			—			—
	Changes in fair value of financial instruments and gain on OP unit redemption		—			230			1,530
	Loss on extinguishment of debt from sale of real estate asset		(5,192	)		—			—
	Gain on sale of real estate assets		5,842			—			—
	Income from continuing operations		5,493			6,250			861
	Income from discontinued operations		—			12,519			135
	Net income	$	5,493		$	18,769		$	996
	Total Reportable Segments:
	Total revenues	$	130,323		$	112,542		$	84,421
	Property operating expenses		(31,862	)		(28,050	)		(20,129	)
	Property operating income, as defined		98,461			84,492			64,292
	Changes in fair value of contingent consideration		—			1,568			281
	General and administrative expenses		(18,009	)		(13,871	)		(13,796	)
	Depreciation and amortization		(50,661	)		(46,146	)		(34,800	)
	Interest expense		(24,167	)		(18,944	)		(15,650	)
	Interest income		240			204			173
	Loss from equity in unconsolidated entities		2,578			40			(320	)
	Changes in fair value of financial instruments and gain on OP unit redemption		—			230			1,530
	Loss on extinguishment of debt from sale of real estate asset		(5,192	)		—			—
	Gain on sale of real estate assets		5,842			—			—
	Income from continuing operations		9,092			7,573			1,710
	Income from discontinued operations		—			12,519			135
	Net income	$	9,092		$	20,092		$	1,845
		For theYear Ended
		December 31,
		2014			2013			2012
	Reconciliation to Consolidated Net Income Attributable to the Common Stockholders:
	Total net (loss) income for reportable segments		9,092			20,092			1,845
	Net (income) loss attributable to non-controlling interests		(340	)		(568	)		18
	Net income (loss) attributable to Excel Trust, Inc.	$	8,752		$	19,524		$	1,863
Reconciliation to Consolidated Net Income Attributable to the Unitholders (Operating Partnership):
Total net (loss) income for reportable segments		9,092			20,092			1,845
Net (income) loss attributable to non-controlling interests		(366	)		(335	)		(279	)
Net income (loss) attributable to Excel Trust, L.P.	$	8,726		$	19,757		$	1,566
The following table shows the Company’s consolidated total assets by segment at December 31, 2014, 2013 and 2012 (in thousands).
	December 31,
	2014			2013			2012
Assets:
Office Properties:
Total assets		62,747			67,273			70,473
Multi-family Properties:
Total assets		68,982			70,732			72,627
Retail Properties:
Total assets		1,515,408			1,080,816			936,154
Total Reportable Segments and Consolidated Assets:
Total assets	$	1,647,137		$	1,218,821		$	1,079,254

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2014
Subsequent Events	21. Subsequent Events
	On January 29, 2015, the Company entered into a sales agreement to sell the Promenade Corporate Center office property, located in Scottsdale, Arizona, for approximately $65.5 million. The sale of the property is subject to due diligence and other customary closing conditions. There can be no assurances that due diligence or other conditions will be satisfied or that the sale will close on the terms described herein, or at all.
	On January 30, 2015, the Company completed the disposition of the Family Center at Orem property located in Orem, Utah for a sales price of approximately $21.5 million, excluding closing costs.

Supplemental_Financial_Informa

Supplemental Financial Information	12 Months Ended
	Dec. 31, 2014
Supplemental Financial Information	22. Supplemental Financial Information
	The following represents the results of operations, expressed in thousands, except per share amounts for each quarter during the years ended December 31, 2014 and 2013. The sum of the quarterly financial data may vary from the annual data due to rounding (unaudited) (in thousands, except per share and per unit data):
	Excel Trust, Inc.
	2014	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	30,598		$	30,630		$	30,234		$	38,864
	Operating income		7,149			7,811			7,427			7,403
	Income from equity in unconsolidated entities		69			95			75			2,339
	Loss on extinguishment of debt from sale of real estate asset		—			—			—			(5,192	)
	Gain on sale of real estate assets		—			—			—			5,842
	Cost of redemption of preferred stock		—			—			(1,477	)		(210	)
	Net (loss) income attributable to the common stockholders		(549	)		(839	)		(2,830	)		903
	Net (loss) income per share-basic and diluted	$	(0.01	)	$	(0.02	)	$	(0.05	)	$	0.01
	2013	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	26,847		$	27,463		$	28,931		$	29,805
	Changes in fair value of contingent consideration		—			1,558			10			—
	Income (loss) from equity in unconsolidated entities		39			(65	)		12			53
	Changes in fair value of financial instruments and gain on OP unit redemption		230			—			—			—
	Income from continuing operations		219			3,427			1,520			2,394
	Income from discontinued operations		105			45			12,319			63
	Net (loss) income attributable to the common stockholders		(2,448	)		623			10,739			(366	)
	Net (loss) income per share-basic and diluted	$	(0.06	)	$	0.01		$	0.22		$	(0.01	)
	Excel Trust, L.P.
	2014	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	30,598		$	30,630		$	30,234		$	38,864
	Operating income		7,149			7,811			7,427			7,403
	Income from equity in unconsolidated entities		69			95			75			2,339
	Loss on extinguishment of debt from sale of real estate asset		—			—			—			(5,192	)
	Gain on sale of real estate assets		—			—			—			5,842
	Cost of redemption of preferred units		—			—			(1,477	)		(210	)
	Net (loss) income attributable to the unitholders		(559	)		(855	)		(2,851	)		924
	Net (loss) income per unit-basic and diluted	$	(0.01	)	$	(0.02	)	$	(0.05	)	$	0.01
	2013	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	26,847		$	27,463		$	28,931		$	29,805
	Changes in fair value of contingent consideration		—			1,558			10			—
	Income (loss) from equity in unconsolidated entities		39			(65	)		12			53
	Changes in fair value of financial instruments and gain on OP unit redemption		230			—			—			—
	Income from continuing operations		219			3,427			1,520			2,394
	Income from discontinued operations		105			45			12,319			63
	Net (loss) income attributable to the unitholders		(2,507	)		643			11,018			(373	)
	Net (loss) income per unit-basic and diluted	$	(0.06	)	$	0.01		$	0.22		$	(0.01	)

Schedule_II_Valuation_and_Qual

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2014
Schedule II - Valuation and Qualifying Accounts	EXCEL TRUST INC. AND EXCEL TRUST, L.P.
	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
	(Dollars in thousands)
				Additions		Deductions			Adjustments
		Balance at		Charged to		Accounts			Accounts		Balance at
		Beginning		Bad Debt		Receivable			Receivable		End
		of Year		Expense		Written-			Assumed		of Year
						off’
	Allowance for bad debts:
	Year ended December 31, 2014	$	895	$	598	$	(972	)	$	—	$	521
	Year ended December 31, 2013	$	719	$	1,100	$	(924	)	$	—	$	895
	Year ended December 31, 2012	$	631	$	690	$	(602	)	$	—	$	719

Schedule_III_Real_Estate_and_A

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2014
Schedule III - Real Estate and Accumulated Depreciation	EXCEL TRUST INC. AND EXCEL TRUST, L.P.
	SCHEDULE III — REAL ESTATE AND ACCUMULATED DEPRECIATION
	December 31, 2014
	(Dollars in thousands)
						Initial Cost						Cost Capitalized						Carrying Amount as of the
												Subsequent to						Close of Period
												Acquisition
	Properties		Encum-			Land			Building &			Land			Building &			Land		Building &		TOTAL		Accumlated			Total		Year
			brances						Improve-						Improve-					Improve-				Depre-			Cost		Acquired
									ments						ments					ments				ciation			Net of
																											Depre-
																											ciation
	West Broad Village(1)		$	39,700		$	24,543		$	137,697		$	—		$	4,343		$	24,543	$	142,040	$	166,583	$	(4,654	)	$	161,929		2012
	The Promenade(2)			55,032			65,699			48,240			—			360			65,699		48,600		114,299		(4,485	)		109,814		2011/2013
	Park West Place			—			41,287			37,991			—			1,553			41,287		39,544		80,831		(5,076	)		75,755		2010
	Gilroy Crossing			45,836			22,520			39,903			—			148			22,520		40,051		62,571		(4,262	)		58,309		2011
	Promenade Corporate Center			—			4,477			44,465			—			2,047			4,477		46,512		50,989		(3,053	)		47,936		2012
	Plaza at Rockwall(4)			—			14,935			21,247			(553	)		11,655			14,382		32,902		47,284		(4,053	)		43,231		2010
	Brandywine Crossing			—			20,047			18,620			—			602			20,047		19,222		39,269		(2,549	)		36,720		2010
	Lake Pleasant Pavilion			27,855			9,958			28,127			—			132			9,958		28,259		38,217		(1,479	)		36,738		2012
	Stadium Center			—			10,284			28,872			—			—			10,284		28,872		39,156		(553	)		38,603		2013
	Dellagio(1)			—			16,780			20,106			675			1			17,455		20,107		37,562		(889	)		36,673		2012
	League City Town Center			—			10,858			24,767			—			—			10,858		24,767		35,625		(437	)		35,188		2013
	Vestavia Hills City Center(3)			1,015			8,356			20,429			—			3,678			8,356		24,107		32,463		(2,939	)		29,524		2010/2011
	The Crossings of Spring Hill			—			5,103			23,196			—			84			5,103		23,280		28,383		(1,967	)		26,416		2011
	Tracy Pavilion			—			6,193			22,611			—			1,049			6,193		23,660		29,853		(825	)		29,028		2013
	Red Rock Commons			13,970			10,823			—			—			19,781			10,823		19,781		30,604		(1,561	)		29,043		2007
	Edwards Theatres			11,520			10,283			13,600			—			—			10,283		13,600		23,883		(1,711	)		22,172		2011
	Rosewick Crossing			—			12,024			10,499			—			76			12,024		10,575		22,599		(1,600	)		20,999		2010
	EastChase Market Center			—			4,215			19,567			—			54			4,215		19,621		23,836		(1,421	)		22,415		2012
	Chimney Rock			—			7,369			14,627			—			6,961			7,369		21,588		28,957		(793	)		28,164		2012
	Excel Centre			12,018			1,095			10,716			—			6,930			1,095		17,646		18,741		(5,650	)		13,091		2004
	5000 South Hulen			13,421			2,230			16,514			—			46			2,230		16,560		18,790		(2,204	)		16,586		2010
	Lowe’s			13,157			6,774			8,986			—			359			6,774		9,345		16,119		(1,115	)		15,004		2010
	Anthem Highlands			—			5,929			9,819			—			89			5,929		9,908		15,837		(773	)		15,064		2011
	Centennial Crossroads			—			3,868			11,484			—			—			3,868		11,484		15,352		(30	)		15,322		2013
	LA Fitness			—			3,123			9,957			—			—			3,123		9,957		13,080		(83	)		12,997		2013
	Southlake Park Village			—			15,989			265			75			2,373			16,064		2,638		18,702		—			18,702		2013
	Pavilion Crossing			—			3,729			9,268			—			22			3,729		9,290		13,019		(405	)		12,614		2012
	Shops at Foxwood			—			4,680			6,889			—			67			4,680		6,956		11,636		(743	)		10,893		2010
	Northside Plaza			12,000			6,477			893			—			6,767			6,477		7,660		14,137		(816	)		13,321		2010
	Meadow Ridge Plaza(1)			—			3,781			4,706			—			—			3,781		4,706		8,487		(228	)		8,259		2012
	Shoppes of Belmere(1)			—			4,701			5,122			—			1			4,701		5,123		9,824		(202	)		9,622		2012
	Lake Burden Shoppes(1)			—			3,981			4,020			—			—			3,981		4,020		8,001		(151	)		7,850		2012
	Five Forks Place			—			1,796			6,874			—			(109	)		1,796		6,765		8,561		(1,994	)		6,567		2005
	Mariner’s Point			—			1,950			4,220			—			24			1,950		4,244		6,194		(562	)		5,632		2010
	Newport Town Center			—			1,586			6,571			—			(119	)		1,586		6,452		8,038		(1,651	)		6,387		2007
	Merchant Central			4,370			1,059			4,298			—			62			1,059		4,360		5,419		(549	)		4,870		2010
	Cedar Square			—			1,667			2,808			—			189			1,667		2,997		4,664		(16	)		4,648		2013
			$	249,894		$	380,169		$	697,974		$	197		$	69,225		$	380,366	$	767,199	$	1,147,565	$	(61,479	)	$	1,086,086
	-1	These properties were part of a larger acquisition completed by the Company in October 2012 (see Note 3 of the consolidated financial statements contained elsewhere herein).
	-2	Includes the acquisition of a land parcel that was previously not owned at the property in in 2013. The land parcel contains a building, which was constructed by the tenant and is subject to a ground lease.
	-3	Includes Rite Aid, an outparcel to Vestavia Hills City Center.
	-4	During the year ended December 31, 2012, a land parcel was sold.
	The following is a reconciliation of total real estate carrying value and related accumulated depreciation for the years ended December 31:
			2014			2013			2012
	Real Estate:
	Balance, beginning of period		$	1,147,565		$	981,128		$	602,253
	Dispositions			(20,618	)		(23,397	)		(23,439	)
	Acquisitions and additions			416,442			189,834			402,314
	Balance, end of period		$	1,543,389		$	1,147,565		$	981,128
	Accumulated Depreciation:
	Balance, beginning of period		$	(61,479	)	$	(36,765	)	$	(18,294	)
	Dispositions			1,493			2,024			366
Depreciation			(30,557	)		(26,738	)		(18,837	)
Balance, end of period		$	(90,543	)	$	(61,479	)	$	(36,765	)
The Company’s Federal Tax Basis at December 31, 2014 was approximately $1.6 billion.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Basis of Presentation	Basis of Presentation:
	The accompanying consolidated financial statements of the Company include all the accounts of the Company and all entities in which the Company has a controlling interest. All significant intercompany balances and transactions have been eliminated in consolidation.
	The Company is required to continually evaluate its VIE relationships and consolidate investments in these entities when it is determined to be the primary beneficiary of their operations. A VIE is broadly defined as an entity where either (1) the equity investors as a group, if any, lack the power through voting or similar rights to direct the activities of an entity that most significantly impact the entity’s economic performance or (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support.
	A variable interest holder is considered to be the primary beneficiary of a VIE if it has both (1) the power to direct matters that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The Company considers a variety of factors in identifying the entity that holds the power to direct matters that most significantly impact the VIE’s economic performance including, but not limited to, the ability to direct financing, leasing, construction and other operating decisions and activities. In addition, the Company considers the form of ownership interest, voting interest, the size of the investment (including loans) and the rights of other investors to participate in policy making decisions, to replace or remove the manager and to liquidate or sell the entity. The obligation to absorb losses and the right to receive benefits when a reporting entity is affiliated with a VIE must be based on ownership, contractual, and/or other pecuniary interests in that VIE.
Cash and Cash Equivalents	Cash and Cash Equivalents:
	The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents, for which cost approximates fair value, due to their short term maturities.
Restricted Cash	Restricted Cash:
	Restricted cash is comprised of impound reserve accounts for property taxes, insurance, capital improvements and tenant improvements.
Accounts Payable and Other Liabilities	Accounts Payable and Other Liabilities:
	Included in accounts payable and other liabilities is deferred rent in the amount of $3.0 million and $3.5 million at December 31, 2014 and 2013, respectively.
Revenue Recognition	Revenue Recognition:
	The Company commences revenue recognition on its leases based on a number of factors. In most cases, revenue recognition under a lease begins when the lessee takes possession of or controls the physical use of the leased asset. Generally, this occurs on the lease commencement date. In determining what constitutes the leased asset, the Company evaluates whether the Company or the lessee is the owner, for accounting purposes, of the tenant improvements. If the Company is the owner, for accounting purposes, of the tenant improvements, then the leased asset is the finished space and revenue recognition begins when the lessee takes possession of the finished space, typically when the improvements are substantially complete. If the Company concludes that it is not the owner, for accounting purposes, of the tenant improvements (the lessee is the owner), then the leased asset is the unimproved space and any tenant improvement allowances funded under the lease are treated as lease incentives, which reduce revenue recognized on a straight-line basis over the remaining non-cancelable term of the respective lease. In these circumstances, the Company begins revenue recognition when the lessee takes possession of the unimproved space for the lessee to construct improvements. The determination of who is the owner, for accounting purposes, of the tenant improvements is highly subjective and determines the nature of the leased asset and when revenue recognition under a lease begins. The Company considers a number of different factors to evaluate whether it or the lessee is the owner of the tenant improvements for accounting purposes. These factors include:
		•		whether the lease stipulates how and on what a tenant improvement allowance may be spent;
		•		whether the tenant or landlord retains legal title to the improvements;
		•		the uniqueness of the improvements;
		•		the expected economic life of the tenant improvements relative to the length of the lease;
		•		the responsible party for construction cost overruns; and
		•		who constructs or directs the construction of the improvements.
	Minimum rental revenues are recognized on a straight-line basis over the terms of the related lease. The difference between the amount of cash rent due in a year and the amount recorded as rental income is referred to as the “straight-line rent adjustment.” Rental income was increased by $2.2 million, $3.7 million and $3.1 million in the years ended December 31, 2014, 2013 and 2012, respectively, due to the straight-line rent adjustment. Percentage rent is recognized after tenant sales have exceeded defined thresholds (if applicable) and was $1.2 million, $1.3 million and $720,000 for the years ended December 31, 2014, 2013 and 2012, respectively.
	Estimated recoveries from certain tenants for their pro rata share of real estate taxes, insurance and other operating expenses are recognized as revenues in the period the applicable expenses are incurred or as specified in the leases. Other tenants pay a fixed rate and these tenant recoveries are recognized as revenue on a straight-line basis over the term of the related leases.
	Total estimated minimum rents under non-cancelable operating tenant leases in effect at December 31, 2014 were as follows (in thousands):
	2015		$	120,463
	2016			113,360
	2017			103,922
	2018			93,493
	2019			75,879
	Thereafter			310,590
			$	817,707
Property	Property:
	Costs incurred in connection with the development or construction of properties and improvements are capitalized. Capitalized costs include pre-construction costs essential to the development of the property, development costs, construction costs, interest costs, real estate taxes and related costs and other direct costs incurred during the period of development. The Company capitalizes costs on land and buildings under development until construction is substantially complete and the property is held available for occupancy. The determination of when a development project is substantially complete and when capitalization must cease involves a degree of judgment. The Company considers a construction project as substantially complete and held available for occupancy upon the completion of landlord-owned tenant improvements or when the lessee takes possession of the unimproved space for construction of its own improvements, but no later than one year from cessation of major construction activity. The Company ceases capitalization on the portion substantially completed and occupied or held available for occupancy, and capitalizes only those costs associated with any remaining portion under construction.
	The Company has agreed to provide the developer/manager for development projects at the Plaza at Rockwall, Southlake Park Village, Cedar Square and Chimney Rock properties with a profit participation interest based on a percentage interest in the positive cash flows of the completed project after the Company has received distributions returning all of its capital investment plus a required rate of return (ranging from an 8% to 12% annualized rate of return). The Company initially records the profit participation interests at the estimated fair value of the obligation at the time of execution of the related agreement. The obligation is adjusted at each reporting date to the greater of the initial fair value at execution, or the amount that would be owed if the obligation were to be settled as of the reporting date. In August 2014, the profit participation interest related to the development phase of the Plaza at Rockwall property that was completed during 2014 was settled with the developer for an agreed-upon settlement value of approximately $2.0 million. The settlement was based on 35% of the excess of the estimated fair value of the related real estate after deducting all of the development and operating costs, the investment capital and the required rate of return due to the Company as of the date of settlement. The settlement was comprised of a cash payment of approximately $1.1 million and the settlement of an outstanding note receivable owed by the developer in the amount of $910,000 (including accrued interest of $160,000 – see Note 7 for further discussion). As of December 31, 2014, the Company has recorded $2.9 million for payments expected to be made related to the grants of these profit participation interests within construction in progress for the respective projects under development.
	Maintenance and repairs expenses are charged to operations as incurred. Costs for major replacements and betterments, which include HVAC equipment, roofs, parking lots, etc., are capitalized and depreciated over their estimated useful lives. Gains and losses are recognized upon disposal or retirement of the related assets and are reflected in earnings.
	Property is recorded at cost and is depreciated using the straight-line method over the estimated lives of the assets as follows:
	Building and improvements		15 to 40 years
	Tenant improvements		Shorter of the useful lives or the terms of the related leases
	The Company completed the disposition of its Lowe’s property on October 23, 2014 for a sales price of approximately $24.4 million. The Company completed the disposition of the inline retail portion of its Cedar Square property on November 10, 2014 for a sales price of approximately $3.0 million. In connection with the sale of the Lowe’s property, the Company recognized a loss of $5.2 million from the prepayment of the mortgage note, which was a closing condition of the transaction and repaid concurrent with the sale of the property As a result of the sales, the Company recognized an aggregate gain on sale of real estate assets of approximately $5.8 million.
Impairment of Long-Lived Assets and Long-Lived Assets to be Disposed	Impairment of Long-Lived Assets and Long-Lived Assets to be Disposed:
	The Company reviews long-lived assets and certain identifiable intangible assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. This assessment considers expected future operating income, trends and prospects, as well as the effects of demand, competition and other economic factors. Such factors include the tenants’ ability to perform their duties and pay rent under the terms of the leases. The determination of recoverability is made based upon the estimated undiscounted future net cash flows, excluding interest expense, expected to result from the long-lived asset’s use and eventual disposition. The Company’s evaluation as to whether impairment may exist, including estimates of future anticipated cash flows, are highly subjective and could differ materially from actual results in future periods. The amount of impairment loss, if any, is determined by comparing the fair value, as determined by a discounted cash flows analysis, with the carrying value of the related assets. Although the Company’s strategy is to hold its properties over a long-term period, if the strategy changes or market conditions dictate that the sale of properties at an earlier date would be preferable, a property may be classified as held for sale and an impairment loss may be recognized to reduce the property to the lower of the carrying amount or fair value less cost to sell. There was no impairment recorded for the years ended December 31, 2014, 2013 or 2012.
Investments in Unconsolidated Entities	Investments in Unconsolidated Entities:
	The Company evaluates its investments in limited liability companies and partnerships to determine whether any such entities may be a VIE and, if a VIE, whether the Company is the primary beneficiary. Generally, an entity is determined to be a VIE when either (1) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support provided by any parties or (2) as a group, the holders of the equity investment lack one or more of the essential characteristics of a controlling financial interest. The primary beneficiary is the entity that has both (1) the power to direct matters that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The Company considers a variety of factors in identifying the entity that holds the power to direct matters that most significantly impact the VIE’s economic performance including, but not limited to, the ability to direct financing, leasing, construction and other operating decisions and activities. In addition, the Company considers the form of ownership interest, voting interest, the size of the investment (including loans) and the rights of other investors to participate in policy making decisions, to replace or remove the manager and to liquidate or sell the entity. The obligation to absorb losses and the right to receive benefits when a reporting entity is affiliated with a VIE must be based on ownership, contractual, and/or other pecuniary interests in that VIE.
	If the foregoing conditions do not apply, the Company considers whether a general partner or managing member controls a limited partnership or limited liability company. The general partner in a limited partnership or managing member in a limited liability company is presumed to control that limited partnership or limited liability company. The presumption may be overcome if the limited partners or members have either (1) the substantive ability to dissolve the limited partnership or limited liability company or otherwise remove the general partner or managing member without cause or (2) substantive participating rights, which provide the limited partners or members with the ability to effectively participate in significant decisions that would be expected to be made in the ordinary course of the limited partnership’s or limited liability company’s business and thereby preclude the general partner or managing member from exercising unilateral control over the partnership or company. If these criteria are not met and the Company is the general partner or the managing member, as applicable, the Company will consolidate the partnership or limited liability company.
	Investments that are not consolidated, over which the Company exercises significant influence but does not control, are accounted for under the equity method of accounting. These investments are recorded initially at cost and subsequently adjusted for the Company’s portion of earnings or losses and for cash contributions and distributions. Under the equity method of accounting, the Company’s investment is reflected in the consolidated balance sheets and its share of net income or loss is included in the consolidated statements of operations and comprehensive income.
	For all investments in unconsolidated entities, if a decline in the fair value of an investment below its carrying value is determined to be other-than-temporary, such investment is written down to its estimated fair value with a non-cash charge to earnings. The factors that the Company considers in making these assessments include, but are not limited to, severity and duration of the unrealized loss, market prices, market conditions, the occurrence of ongoing financial difficulties, available financing, new product initiatives and new collaborative agreements.
Investments in Equity Securities	Investments in Equity Securities:
	The Company, through the Operating Partnership, may hold investments in equity securities in certain publicly-traded companies. The Company does not acquire investments for trading purposes and, as a result, all of the Company’s investments in publicly-traded companies are considered “available-for-sale” and are recorded at fair value. Changes in the fair value of investments classified as available-for-sale are recorded in other comprehensive income. The fair value of the Company’s equity securities in publicly-traded companies is determined based upon the closing trading price of the equity security as of the balance sheet date. The cost of investments sold is determined by the specific identification method, with net realized gains and losses included in other income. For all investments in equity securities, if a decline in the fair value of an investment below its carrying value is determined to be other-than-temporary, such investment is written down to its estimated fair value with a non-cash charge to earnings. The factors that the Company considers in making these assessments include, but are not limited to, severity and duration of the unrealized loss, market prices, market conditions, the occurrence of ongoing financial difficulties, available financing, new product initiatives and new collaborative agreements.
	During the year ended December 31, 2014, the Company purchased approximately 436,000 shares of preferred stock in public companies within the real estate industry for an initial cost basis of approximately $10.5 million (included in other assets in the accompanying consolidated balance sheets).
	Investments in equity securities consisted of the following at December 31, 2014 and 2013 (in thousands):
			December 31,
			2014			2013
	Equity securities, initial cost basis		$	10,512		$	—
	Gross unrealized gains			185			—
	Gross unrealized losses			(14	)		—
	Equity securities, fair value(1)		$	10,683		$	—
	-1	Determination of fair value is classified as Level 1 in the fair value hierarchy based on the use of quoted prices in active markets (see section entitled “Fair Value of Financial Instruments” below).
	Subsequent to December 31, 2014, the Company sold all of its investments in equity securities, comprising approximately 436,000 shares of preferred stock based on a specific identification of the shares sold. The sale resulted in net proceeds of approximately $10.8 million.
Share-Based Payments	Share-Based Payments:
	All share-based payments to employees are recognized in earnings based on their fair value on the date of grant. Through December 31, 2014, the Company has awarded only restricted stock awards under its incentive award plan, which are based on shares of the Parent Company’s common stock. The fair value of equity awards that include only service or performance vesting conditions is determined based on the closing market price of the underlying common stock on the date of grant. The fair value of equity awards that include one or more market vesting conditions is determined based on the use of a widely accepted valuation model. The fair value of equity grants is amortized to general and administrative expense ratably over the requisite service period for awards that include only service vesting conditions and utilizing a graded vesting method (an accelerated vesting method in which the majority of compensation expense is recognized in earlier periods) for awards that include one or more market vesting conditions, adjusted for anticipated forfeitures.
Mortgage Loan Receivables	Mortgage Loan Receivables:
	Mortgage loan receivables consist of loans originated by the Company. Mortgage loan receivables are recorded at stated principal amounts net of any discount or premium or deferred loan origination costs or fees. The related discounts or premiums on mortgage loan receivables are amortized or accreted over the life of the related loan receivable. The Company defers certain loan origination and commitment fees, net of certain origination costs and amortizes them as an adjustment of the loan’s yield over the term of the related loan. The Company evaluates the collectability of both interest and principal on each loan to determine whether it is impaired. A loan is considered to be impaired, when based upon current information and events, it is probable that the Company will be unable to collect all amounts due according to the existing contractual terms. When a loan is considered to be impaired, the amount of loss is calculated by comparing the recorded receivable to the value determined by discounting the expected future cash flows at the loan’s effective interest rate or to the value of the underlying collateral if the loan is collateralized. Interest income on performing loans is accrued as earned. Interest income on impaired loans is recognized on a cash basis.
Purchase Accounting	Purchase Accounting:
	The Company, with the assistance of independent valuation specialists as needed, records the purchase price of acquired properties as tangible and identified intangible assets and liabilities based on their respective fair values. Tangible assets (building and land) are recorded based upon the Company’s determination of the value of the property as if it were vacant using discounted cash flow models similar to those used by independent appraisers. Factors considered include an estimate of carrying costs during the expected lease-up periods taking into account current market conditions and costs to execute similar leases. The fair value of land is derived from comparable sales of land within the same submarket and/or region. The fair value of buildings and improvements, tenant improvements, site improvements and leasing costs are based upon current market replacement costs and other relevant market rate information. Additionally, the purchase price of the applicable property is recorded as the above- or below-market value of in-place leases, the value of in-place leases and above- or below-market value of debt assumed, as applicable.
	The value recorded as the above- or below-market component of the acquired in-place leases is determined based upon the present value (using a discount rate which reflects the risks associated with the acquired leases) of the difference between: (1) the contractual amounts to be paid pursuant to the lease over its remaining term, and (2) the Company’s estimate of the amounts that would be paid using fair market rates at the time of acquisition over the remaining term of the lease. The amounts recorded as above-market leases are included in lease intangible assets, net in the Company’s accompanying consolidated balance sheets and amortized to rental income over the remaining non-cancelable lease term of the acquired leases with each property. The amounts recorded as below-market lease values are included in lease intangible liabilities, net in the Company’s accompanying consolidated balance sheets and amortized to rental income over the remaining non-cancelable lease term plus any below-market fixed price renewal options of the acquired leases with each property.
	The value recorded as above- or below-market debt is determined based upon the present value of the difference between the cash flow stream of the assumed mortgage and the cash flow stream of a market rate mortgage. The amounts recorded as above- or below-market debt are included in mortgage payables, net in the Company’s accompanying consolidated balance sheets and are amortized to interest expense over the remaining term of the assumed mortgage.
Tenant receivables	Tenant receivables:
	Tenant receivables and deferred rent are carried net of the allowances for uncollectible current tenant receivables and deferred rent. An allowance is maintained for estimated losses resulting from the inability of certain tenants to meet the contractual obligations under their lease agreements. The Company maintains an allowance for deferred rent receivable arising from the straight-lining of rents. Such allowances are charged to bad debt expense which is included in other operating expenses on the accompanying consolidated statement of operations. The Company’s determination of the adequacy of these allowances is based primarily upon evaluations of historical loss experience, the tenant’s financial condition, security deposits, letters of credit, lease guarantees, current economic conditions and other relevant factors. At December 31, 2014 and 2013, the Company had $521,000 and $895,000, respectively, in allowances for uncollectible accounts (including straight-line deferred rent receivables) as determined to be necessary to reduce receivables to the estimate of the amount recoverable. During the years ended December 31, 2014, 2013 and 2012, $598,000, $1.1 million and $690,000, respectively, of receivables were charged to bad debt expense.
Non-controlling Interests	Non-controlling Interests
	Non-controlling interests on the consolidated balance sheets of the Parent Company relate to the OP units that are not owned by the Parent Company and the portion of consolidated joint ventures not owned by the Parent Company. The OP units not held by the Parent Company may be redeemed by the Parent Company at the holder’s option for cash. The Parent Company, at its option, may satisfy the redemption obligation with common stock on a one-for-one basis, which has been further evaluated to determine that permanent equity classification on the balance sheets is appropriate.
	Non-controlling interests on the consolidated balance sheets of the Operating Partnership represent the portion of equity that the Operating Partnership does not own in those entities it consolidates.
Concentration of Risk	Concentration of Risk:
	The Company maintains its cash accounts in a number of commercial banks. Accounts at these banks are guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. At various times during the periods, the Company had deposits in excess of the FDIC insurance limit.
	In the years ended December 31, 2014, 2013 and 2012, no tenant accounted for more than 10% of the Company’s revenues.
	At December 31, 2014, the Company’s gross real estate assets in the states of California, Florida, Arizona, Virginia, Texas and Utah represented approximately 23.8%, 14.2%, 12.5%, 12.4%, 11.7% and 11.4% of the Company’s total assets, respectively. At December 31, 2013, the Company’s gross real estate assets in the states of California, Arizona, Virginia and Texas represented approximately 23.9%, 17.6%, 14.7% and 13.7% of the Company’s total assets, respectively. For the year ended December 31, 2014, the Company’s revenues derived from properties located in the states of California, Arizona, Texas and Virginia represented approximately 24.4%, 16.2%, 13.6% and 10.4% of the Company’s total revenues, respectively. For the year ended December 31, 2013, the Company’s revenues derived from properties located in the states of California, Arizona, Texas and Virginia represented approximately 23.4%, 18.1%, 11.9% and 11.6% of the Company’s total revenues, respectively.
Management Estimates	Management Estimates:
	The preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments:
	The Company measures financial instruments and other items at fair value where required under GAAP, but has elected not to measure any additional financial instruments and other items at fair value as permitted under fair value option accounting guidance.
	Fair value measurement is determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, there is a fair value hierarchy 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 classified within Level 3 of the hierarchy).
	Level 1 inputs utilize quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the assets or liabilities, which are typically based on an entity’s own assumptions, as there is little, if any, related market activity. 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.
	The Company has used interest rate swaps to manage its interest rate risk (see Note 11). The valuation of these instruments is determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and guarantees.
	Changes in the fair value of financial instruments (other than derivative instruments for which an effective hedging relationship exists and available-for-sale securities) are recorded as a charge against earnings in the consolidated statements of operations in the period in which they occur. The Company estimates the fair value of financial instruments at least quarterly based on current facts and circumstances, projected cash flows, quoted market prices and other criteria (primarily utilizing Level 3 inputs). The Company may also utilize the services of independent third-party valuation experts to estimate the fair value of financial instruments, as necessary.
	The Company’s investments in equity securities fall within Level 1 of the fair value hierarchy as the Company utilizes observable market-based inputs, based on the closing trading price of securities as of the balance sheet date, to determine the fair value of the investments.
Derivative Instruments	Derivative Instruments:
	The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity and credit risk primarily by managing the amount, sources and duration of its debt funding and the use of derivative financial instruments. Specifically, from time to time the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s investments and borrowings.
	In addition, from time to time the Company may execute agreements in connection with business combinations that include embedded derivative instruments as part of the consideration provided to the sellers of the properties. Although these embedded derivative instruments are not intended as hedges of risks faced by the Company, they can provide additional consideration to the Company’s selling counterparties and may be a key component of negotiations.
	The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.
	The Company records all derivative instruments on the consolidated balance sheets at their fair value. In determining the fair value of derivative instruments, the Company also considers the credit risk of its counterparties, which typically constitute larger financial institutions engaged in providing a wide variety of financial services. These financial institutions generally face similar risks regarding changes in market and economic conditions, including, but not limited to, changes in interest rates, exchange rates, equity and commodity pricing and credit spreads.
	Accounting for changes in the fair value of derivative instruments depends on the intended use of the derivative, whether it has been designated as a hedging instrument and whether the hedging relationship has continued to satisfy the criteria to apply hedge accounting. For derivative instruments qualifying as cash flow hedges, the effective portion of changes in the fair value is initially recorded in Accumulated Other Comprehensive Income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. The Company assesses the effectiveness of each hedging relationship by comparing the changes in the cash flows of the derivative hedging instrument with the changes in the cash flows of the hedged item or transaction.
	The Company formally documents the hedging relationship for all derivative instruments, has accounted for its interest rate swap agreements as cash flow hedges and does not utilize derivative instruments for trading or speculative purposes.
Changes in Accumulated Other Comprehensive Loss	Changes in Accumulated Other Comprehensive Loss:
	The following table reflects amounts that were reclassified from accumulated other comprehensive loss and included in earnings for the years ended December 31, 2014, 2013 and 2012 for the Parent Company (dollars in thousands):
			Year Ended
			December 31,
			2014			2013			2012
	Balance — January 1		$	—		$	(572	)	$	(811	)
	Unrealized loss on interest rate swaps:
	Unrealized losses			—			(19	)		(305	)
	Amount reclassified and recognized in net income(1)			—			639			649
	Unrealized gain on investment in equity securities:
	Unrealized gain			171			—			79
	Amount reclassified and recognized in net income(2)			—			—			(171	)
	Net change in other comprehensive income			171			48			(559	)
	Total other comprehensive loss allocable to non-controlling interests			(3	)		(48	)		(13	)
	Balance — December 31		$	168		$	—		$	(572	)
	-1	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
	-2	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.
	The following table reflects amounts that were reclassified from accumulated other comprehensive loss and included in earnings for the years ended December 31, 2014, 2013 and 2012 for the Operating Partnership (dollars in thousands):
			Year Ended
			December 31,
			2014			2013			2012
	Balance — January 1		$	—		$	(620	)	$	(872	)
	Unrealized loss on interest rate swaps:
	Unrealized losses			—			(19	)		(305	)
	Amount reclassified and recognized in net income(1)			—			639			649
	Unrealized gain on investment in equity securities:
	Unrealized gain			171			—			79
	Amount reclassified and recognized in net income(2)			—			—			(171	)
	Net change in other comprehensive income			171			—			(620	)
	Total other comprehensive (gain) loss allocable to non-controlling interests			—			—			—
	Balance — December 31		$	171		$	—		$	(620	)
	-1	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
	-2	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.
Correction to Consolidated Financial Statements	Correction to Consolidated Financial Statements:
	Subsequent to the issuance of the Parent Company’s consolidated financial statements for the year ended December 31, 2013, the Parent Company determined that certain dividends paid that were reflected as a reduction of additional paid-in capital should have been reflected as a reduction of available retained earnings. The Parent Company reviewed the impact of this misstatement with respect to the prior period consolidated financial statements and determined that it was not material. However, the Parent Company has corrected the accompanying 2013 consolidated financial statements from amounts previously reported to reflect this correction in the prior period. The effect of the correction to the consolidated balance sheet is an $18.1 million increase to additional paid-in capital and a corresponding $18.1 million decrease to retained earnings at December 31, 2013, from $460.4 million and $18.1 million, respectively, as previously reported. The consolidated statement of equity for the year ended December 31, 2013 included herein reflects a reclassification of $18.1 million, representing an increase of common stock dividends and preferred stock dividends paid from retained earnings by $7.1 million and $11.0 million, respectively, and a corresponding decrease to common stock dividends and preferred stock dividends paid from additional paid in capital by the same amount. This correction had no effect on previously reported revenues, net income, dividends paid, earnings per share, cash flows or total stockholders’ equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements:
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). The amendments in this update change the requirements for reporting discontinued operations. As a result of ASU 2014-08, a disposal of a component of an entity or a group of components is required to be reported in discontinued operations only if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. ASU 2014-08 also requires an entity to provide certain disclosures about a disposal of an individually significant component of such entity that does not qualify for discontinued operations presentation in the financial statements. The Company chose to early adopt ASU 2014-08 on January 1, 2014 As a result of the early adoption of this pronouncement effective January 1, 2014, the properties that were sold during the year ended December 31, 2014 did not qualify for discontinued operations presentation and as such, are reflected in continuing operations on the consolidated statements of operations and comprehensive income. .
	In May 2014, the FASB issued ASU No. 2014-09, Revenue Recognition – Revenue from Contracts with Customers (“ASU 2014-09”). The amendments in this update require companies to recognize revenue when a customer obtains control rather than when companies have transferred substantially all risks and rewards of a good or service. This update is effective for annual reporting periods beginning on or after December 31, 2016 and for interim periods therein and requires expanded disclosures. The Company is currently assessing the impact of the adoption of ASU 2014-09 on its consolidated financial position and results of operations.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Estimated Minimum Rents Under Non-Cancelable Operating Tenant Leases	Total estimated minimum rents under non-cancelable operating tenant leases in effect at December 31, 2014 were as follows (in thousands):
	2015		$	120,463
	2016			113,360
	2017			103,922
	2018			93,493
	2019			75,879
	Thereafter			310,590
			$	817,707
Depreciation of Estimated Lives of Assets	Property is recorded at cost and is depreciated using the straight-line method over the estimated lives of the assets as follows:
	Building and improvements		15 to 40 years
	Tenant improvements		Shorter of the useful lives or the terms of the related leases
Investments in Equity Securities	Investments in equity securities consisted of the following at December 31, 2014 and 2013 (in thousands):
			December 31,
			2014			2013
	Equity securities, initial cost basis		$	10,512		$	—
	Gross unrealized gains			185			—
	Gross unrealized losses			(14	)		—
	Equity securities, fair value(1)		$	10,683		$	—
	-1	Determination of fair value is classified as Level 1 in the fair value hierarchy based on the use of quoted prices in active markets (see section entitled “Fair Value of Financial Instruments” below).
Excel Trust, L.P.
Reclassified from Accumulated Other Comprehensive Loss	The following table reflects amounts that were reclassified from accumulated other comprehensive loss and included in earnings for the years ended December 31, 2014, 2013 and 2012 for the Operating Partnership (dollars in thousands):
			Year Ended
			December 31,
			2014			2013			2012
	Balance — January 1		$	—		$	(620	)	$	(872	)
	Unrealized loss on interest rate swaps:
	Unrealized losses			—			(19	)		(305	)
	Amount reclassified and recognized in net income(1)			—			639			649
	Unrealized gain on investment in equity securities:
	Unrealized gain			171			—			79
	Amount reclassified and recognized in net income(2)			—			—			(171	)
	Net change in other comprehensive income			171			—			(620	)
	Total other comprehensive (gain) loss allocable to non-controlling interests			—			—			—
	Balance — December 31		$	171		$	—		$	(620	)
	-1	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
	-2	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.
Excel Trust, Inc.
Reclassified from Accumulated Other Comprehensive Loss	The following table reflects amounts that were reclassified from accumulated other comprehensive loss and included in earnings for the years ended December 31, 2014, 2013 and 2012 for the Parent Company (dollars in thousands):
			Year Ended
			December 31,
			2014			2013			2012
	Balance — January 1		$	—		$	(572	)	$	(811	)
	Unrealized loss on interest rate swaps:
	Unrealized losses			—			(19	)		(305	)
	Amount reclassified and recognized in net income(1)			—			639			649
	Unrealized gain on investment in equity securities:
	Unrealized gain			171			—			79
	Amount reclassified and recognized in net income(2)			—			—			(171	)
	Net change in other comprehensive income			171			48			(559	)
	Total other comprehensive loss allocable to non-controlling interests			(3	)		(48	)		(13	)
	Balance — December 31		$	168		$	—		$	(572	)
	-1	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
	-2	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.

Acquisitions_Tables

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2014
Pro forma Information	The following unaudited pro forma information for the years ended December 31, 2014, 2013 and 2012 has been prepared to reflect the incremental effect of the properties acquired in 2014, 2013 and 2012, as if such acquisitions had occurred on January 1, 2013, 2012 and 2011, respectively (dollars in thousands):
			Year Ended
			December 31,
			2014			2013		2012
	Revenues		$	160,861		$	160,038	$	119,938
	Net income(1)		$	11,212		$	19,804	$	5,197
	Earnings per share		$	(0.03	)	$	0.17	$	(0.16	)
	-1	Pro forma results for the years ended December 31, 2014, 2013 and 2012 were adjusted to exclude non-recurring acquisition costs of approximately $1.8 million, $241,000 and $919,000, respectively, related to the 2014, 2013 and 2012 acquisitions. The pro forma results for the year ended December 31, 2013 were adjusted to include non-recurring costs relating to the 2014 acquisitions of $1.8 million. The pro forma results for the year ended December 31, 2012 were adjusted to include non-recurring costs relating to the 2013 acquisitions of $241,000. A portion of the 2012 acquisitions were funded with proceeds from the offering of 8.125% Series B Cumulative Redeemable Preferred Stock (“Series B preferred stock”). However, pro forma net income for the year ended December 31, 2012 is not adjusted for this funding as the assumed Series B preferred stock quarterly dividends of approximately $1.9 million are not included in the determination of net income (included only as a reduction of net income (loss) attributable to the common stockholders).
Acquisitions in 2014
Schedule of Acquisitions	The Company completed the following acquisitions (all within the Retail property operating segment) in the year ended December 31, 2014, which were acquired for cash unless specified below (dollars in thousands):
	Property		Date Acquired		Location	Debt
						Assumed
	Shops at Fort Union(1)		September 26, 2014		Midvale, UT	$	—
	The Family Center at Orem(1)		26-Sep-14		Orem, UT	$	—
	Downtown at the Gardens		1-Oct-14		Palm Beach Gardens, FL	$	42,723
	Brandywine Crossing(2)		November 25, 2014		Brandywine, MD	$	—
	West Broad Marketplace(3)		3-Dec-14		Richmond, VA	$	—
	Riverpoint Marketplace		19-Dec-14		Sacramento, CA	$	—
	Highland Reserve		29-Dec-14		Roseville, CA	$	—
Allocation of Purchase Price	The following summary provides an allocation of purchase price for each of the 2014 acquisitions (dollars in thousands):
			Building			Land		Above-Market			Below-Market			In-Place		Debt			Purchase
								Leases			Leases			Leases		(Premium)/			Price
																Discount
	Shops at Fort Union		$	100,173		$	24,270	$	862		$	(10,953	)	$	17,119	$	—		$	131,471
	The Family Center at Orem			11,229			4,450		—			(296	)		1,577		—			16,960
	Downtown at the Gardens			91,241			13,920		5,268			(2,254	)		33,466		(1,440	)		140,201
	Brandywine Crossing			7,840			2,910		14			(286	)		1,068		—			11,546
	West Broad Marketplace			—			20,018		—			—			—		—			20,018
	Riverpoint Marketplace(4)			33,024			7,700		281			(1,677	)		4,481		—			43,809
	Highland Reserve(4)			42,175			8,750		681			(4,250	)		5,155		—			52,511
	Total		$	285,682		$	82,018	$	7,106		$	(19,716	)	$	62,866	$	(1,440	)	$	416,516
	Remaining useful life(5)								90			117			80		92
	-1	On September 26, 2014, the Company completed the acquisition of a portfolio of two retail shopping centers, which are located in Utah. The purchase price of $148.4 million was paid entirely in cash.
	-2	On November 25, 2014, the Company acquired a developed outparcel that was previously not owned at the Brandywine Crossing retail property in Brandywine, MD (not considered a separate property).
	-3	On December 2, 2014, the Company entered into an agreement with a development partner to form a joint venture entity, which then acquired an undeveloped land parcel comprising approximately 60.4 acres in Richmond, Virginia on which the joint venture intends to develop a retail shopping center with approximately 405,000 square feet of GLA. The Company holds an 80% ownership interest in the entity with the remaining 20% ownership interest held by the development partner (see Note 6). The acquisition was accounted for as an asset acquisition, with the purchase price allocated to the value of the undeveloped land parcel.
	-4	As of December 31, 2014, the purchase price allocation related to the acquisition of these properties was preliminary and the final purchase price allocation will be determined pending the receipt of information necessary to complete the valuation of assets and liabilities, which may result in a change from these initial estimates.
	-5	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities.
Acquisitions in 2013
Schedule of Acquisitions	The Company completed the following acquisitions (all within the Retail property operating segment) in the year ended December 31, 2013, which were acquired for cash unless specified below (dollars in thousands):
	Property		Date Acquired		Location	Debt
						Assumed
	Tracy Pavilion		January 24, 2013		Tracy, CA	$	—
	Stadium Center		July 1, 2013		Manteca, CA	$	—
	League City Towne Center		August 1, 2013		League City, TX	$	—
	Living Spaces-Promenade(1)		August 27, 2013		Scottsdale, AZ	$	7,268
	LA Fitness		4-Oct-13		San Diego, CA	$	—
	Cedar Square Shopping Center		November 4, 2013		Duncanville (Dallas), TX	$	—
	Southlake Park Village(2)		November 18, 2013		Southlake (Dallas), TX	$	—
	Centennial Crossroads Plaza		22-Nov-13		Las Vegas, NV	$	—
Allocation of Purchase Price	The following summary provides an allocation of purchase price for each of the 2013 acquisitions (dollars in thousands):
			Building			Land		Above-Market			Below-Market			In-Place		Debt			Other		Purchase
								Leases			Leases			Leases		(Premium)/					Price
																Discount
	Tracy Pavilion		$	22,611		$	6,193	$	163		$	(1,136	)	$	2,907	$	—		$	—	$	30,738
	Stadium Center			28,872			10,284		882			(2,939	)		4,051		—			—		41,150
	League City Towne Center			24,767			10,858		315			(1,249	)		4,809		—			—		39,500
	Living Spaces-Promenade(1)			1,038			14,514		—			(116	)		1,500		(936	)		—		16,000
	LA Fitness			9,957			3,123		—			—			1,220		—			—		14,300
	Cedar Square Shopping Center			2,808			1,667		38			(691	)		478		—			—		4,300
	Southlake Park Village(2)			—			15,989		—			—			—		—			265		16,254
	Centennial Crossroads Plaza			11,484			3,868		571			(538	)		1,015		—			—		16,400
	Total		$	101,537		$	66,496	$	1,969		$	(6,669	)	$	15,980	$	(936	)	$	265	$	178,642
	Remaining useful life(3)								56			117			150		76
	-1	On August 27, 2013, the Company acquired a land parcel that was previously not owned at The Promenade retail property in Scottsdale, Arizona (not considered a separate property). The land parcel contains a building, which was constructed by the tenant and is subject to a ground lease.
	-2	On November 18, 2013, the Company acquired an undeveloped land parcel comprising approximately 22.4 acres in Southlake (Dallas), Texas on which the Company intends to develop a retail shopping center with approximately 186,000 square feet of gross leasable area (“GLA”). The acquisition was accounted for as an asset acquisition, with the majority of the purchase price allocated to the value of the undeveloped land parcel and the capitalization of costs directly related to the transaction. Approximately $265,000 of the purchase price paid is held in an escrow account to be disbursed in connection with the construction of on-site infrastructure projects. In addition, subsequent to the acquisition of the property, the Company reimbursed the seller for construction costs previously incurred, which have been reflected on the accompanying consolidated balance sheets as construction in progress.
	-3	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities as of the date of acquisition.
Acquisitions in 2012
Schedule of Acquisitions	The Company completed twelve acquisitions (primarily in the Retail property operating segment) in the year ended December 31, 2012, which were acquired for cash unless specified below (in thousands):
	Consolidated Property		Date Acquired		Location	Debt
						Assumed
	Promenade Corporate Center		January 23, 2012		Scottsdale, AZ	$	—
	EastChase Market Center		February 17, 2012		Montgomery, AL	$	—
	Lake Pleasant Pavilion		16-May-12		Peoria, AZ	$	28,250
	Chimney Rock		30-Aug-12		Odessa, TX	$	—
	Pavilion Crossing		1-Oct-12		Brandon, FL	$	—
	Dellagio(1)		19-Oct-12		Orlando, FL	$	—
	Lake Burden Shoppes(1)		19-Oct-12		Orlando, FL	$	—
	Meadow Ridge Plaza(1)		19-Oct-12		Orlando, FL	$	—
	Shoppes of Belmere(1)		19-Oct-12		Orlando, FL	$	—
	West Broad Village(1)		19-Oct-12		Richmond, VA	$	50,000
	Unconsolidated Property		Date Acquired		Location	Debt
						Assumed
	La Costa Town Center(2)		February 29, 2012		Carlsbad, CA		—
	The Fountains at Bay Hill(1)		19-Oct-12		Orlando, FL		11,985
Allocation of Purchase Price	The following provides a summary of the recorded purchase price for each of the 2012 acquisitions (dollars in thousands).
	Consolidated Property		Building			Land		Above-Market			Below-Market			In-Place		Debt			Other		Purchase
								Lease			Lease			Lease		(Premium)/					Price
																Discount
	Promenade Corporate Center(3)		$	44,465		$	4,477	$	781		$	(749	)	$	3,279	$	—		$	—	$	52,253
	EastChase Market Center			19,567			4,215		360			(1,296	)		1,804		—			—		24,650
	Lake Pleasant Pavilion			28,127			9,958		2,857			(184	)		2,412		(1,420	)		—		41,750
	Chimney Rock(4)			14,089			7,368		—			(2,291	)		2,532		—			2,106		23,804
	Pavilion Crossing			9,268			3,729		153			(1,344	)		1,490		—			—		13,296
	Dellagio			20,106			16,780		1,277			(2,031	)		3,972		—			—		40,104
	Lake Burden Shoppes			4,020			3,981		—			(79	)		601		—			—		8,523
	Meadow Ridge Plaza			4,706			3,781		348			(246	)		1,140		—			—		9,729
	Shoppes of Belmere			5,122			4,701		166			(1,160	)		864		—			—		9,693
	West Broad Village(5)			137,697			24,543		3,051			(5,627	)		9,240		—			2,398		171,302
	Total		$	287,167		$	83,533	$	8,993		$	(15,007	)	$	27,334	$	(1,420	)	$	4,504	$	395,104
	Remaining useful life(6)								76			169			105		65
	UnConsolidated Property		Building			Land		Above-Market			Below-Market			In-Place		Debt			Other		Purchase
								Lease			Lease			Lease		(Premium)/					Price
																Discount
	La Costa Town Center(2)		$	15,054		$	8,383	$	86		$	(2,069	)	$	2,046	$	—		$	—	$	23,500
	The Fountains at Bay			9,029			9,905		249			(1,030	)		1,653		—			—		19,806
	Hill(7)
	Total		$	24,083		$	18,288	$	335		$	(3,099	)	$	3,699	$	—		$	—	$	43,306
	Remaining useful life(6)								34			106			55
	-1	On October 19, 2012, the Company completed the acquisition of a portfolio of five retail shopping centers and a 50% tenant-in-common interest in a sixth retail shopping center (an unconsolidated property, The Fountains at Bay Hill), which are located in Florida and Virginia. The purchase price of $259.2 million includes $192.1 million in cash paid, the assumption of $62.0 million in mortgage notes (including $12.0 million at The Fountains at Bay Hill) and the issuance of 411,184 OP units with a fair value of approximately $5.1 million based on a closing price of $12.36 per share of common stock on the date of acquisition.
		Five of the shopping centers are located in Orange County, Florida and comprise a total of approximately 319,000 square feet of GLA (the shopping center in which the Company has a 50% tenant-in-common interest comprises approximately 104,000 square feet of GLA). The sixth retail shopping center is located in Richmond, Virginia and comprises approximately 386,000 square feet of retail and commercial GLA, with an additional 339 apartment units on the upper levels of the shopping center. The Company has an agreement to purchase the remaining 50% tenant-in-common interest in the Florida shopping center if certain approvals are obtained. The Company’s proportionate share of the assets purchased and liabilities and debt assumed with the acquisition of The Fountains at Bay Hill property are reflected on the accompanying consolidated balance sheets as an investment in unconsolidated entities (for more details, see Note 15).
		In connection with the acquisition of one of the Florida properties, the Company entered into a put option whereby it may resell the property to the former owner after a period of five years for a price equal to the original purchase price. The Company has estimated the asset to have a value of approximately $363,000 based on the fair value of the put option as of the date of acquisition. In addition, the Company has entered into a call option related to the acquisition of another Florida property whereby the former owner may purchase approximately 13,000 square feet of GLA currently utilized as its headquarters during a three-year period. The Company will account for the underlying lease as a direct finance lease and will continue to reflect the corresponding premises as leased and occupied until such time as the call option is exercised by the former owner. In connection with the acquisition, the value associated with the acquired building has been recorded net of the estimated fair value of the call option of $4.3 million.
	-2	This property was originally purchased as a consolidated property. However, in September 2012, the La Costa Town Center property was contributed in exchange for proceeds of approximately $21.2 million to a newly-formed entity in which the Company holds a 20% ownership interest (see Note 15). The Company accounts for its remaining equity ownership in the property in a manner similar to the equity method of accounting, which is reflected in the accompanying consolidated balance sheets as an investment in unconsolidated entities.
	-3	The purchase price of $52.3 million reflects $13.9 million in cash paid and the issuance of 3,230,769 shares of common stock with a fair value of approximately $39.1 million based on a closing price of $12.11 per share on the date of acquisition. The purchase price noted above is net of master lease agreements between the Company and the seller in the amount of $772,000 (included in other assets on the accompanying consolidated balance sheets) based on the estimated fair value of funds expected to be received from escrow in connection with the acquisition. Payments under the master lease agreements commenced upon the expiration of two existing leases in June 2012 and February 2013 (with terms through May 2013 and January 2015, respectively). In addition, the seller has agreed to reimburse the Company for any expenditures resulting from tenant improvements or leasing commissions related to the spaces to the extent that funds remain available pertaining to the master lease agreements. See Note 19 for a discussion of changes in the fair value of this asset after the initial acquisition.
	-4	The purchase price of $23.8 million noted above includes a long-term asset recognized at acquisition with a valuation of approximately $3.0 million (included in other assets) and a long-term liability with a preliminary valuation of approximately $906,000 (included in accounts payable and other liabilities). The long-term asset and the long-term liability reflect the estimated fair value of funds expected to be received pursuant to an economic development agreement executed between the previous owner of the property and the City of Odessa and the portion of such funds that is owed to a third party. As a result of the agreement, the Company is eligible to receive a refund of up to $5.1 million in municipal sales taxes generated by retail sales at the property over a period of up to 15 years. Both the long-term asset and the long-term liability will be accreted to their respective gross balances of $5.1 million and $1.0 million, respectively, over periods of 14 years and three years, respectively.
	-5	Amount indicated as other for the West Broad Village acquisition includes approximately $2.4 million of furniture, fixtures and equipment associated with 339 apartment units on the property.
	-6	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities as of the date of acquisition.
	-7	Amount of assets acquired and liabilities assumed for The Fountains at Bay Hill property reflect the Company’s 50% tenant-in-common interest in the property. These balances, as well as the Company’s $12.0 million proportionate share of the outstanding indebtedness at the property, are reflected as investment in unconsolidated entities on the accompanying consolidated balance sheets.

Lease_Intangible_Assets_Net_Ta

Lease Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2014
Schedule of Lease Intangible Assets, Net	Lease intangible assets, net, consisted of the following at December 31, 2014 and 2013 (in thousands):
		December 31,
		2014		2013
	In-place leases, net of accumulated amortization of $31.1 million and $26.7 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 74 and 78 months as of December 31, 2014 and 2013, respectively)	$	78,336	$	47,058
	Above-market leases, net of accumulated amortization of $8.8 million and $7.5 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 69 and 62 months as of December 31, 2014 and 2013, respectively)		16,436		13,725
	Leasing commissions, net of accumulated amortization of $8.7 million and $7.1 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 93 and 99 months as of December 31, 2014 and 2013, respectively)		28,601		17,562
		$	123,373	$	78,345
Schedule of Estimated Amortization of Lease Intangible Assets	Estimated amortization of lease intangible assets as of December 31, 2014 and for each of the next five years and thereafter is as follows (in thousands):
	Year	Amount
	2015	$	28,060
	2016		19,900
	2017		16,585
	2018		14,042
	2019		10,856
	Thereafter		33,930
	Total	$	123,373

Lease_Intangible_Liabilities_N1

Lease Intangible Liabilities, Net (Tables)	12 Months Ended
	Dec. 31, 2014
Lease Intangible Liabilities Net	Lease intangible liabilities, net consisted of the following at December 31, 2014 and 2013 (in thousands):
		December 31,
		2014		2013
	Below-market leases, net of accumulated amortization of $11.0 million and $7.9 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 116 and 123 months as of December 31, 2014 and 2013, respectively)	$	42,470	$	28,114
Schedule of Estimated Amortization of Lease Intangible Liabilities	Estimated amortization of lease intangible liabilities as of December 31, 2014 and for each of the next five years and thereafter is as follows (in thousands):
	Year	Amount
	2015	$	6,333
	2016		5,357
	2017		4,958
	2018		4,536
	2019		3,993
	Thereafter		17,293
	Total	$	42,470

Debt_Tables

Debt (Tables)	12 Months Ended
	Dec. 31, 2014
Carrying Value of Unsecured Notes	The carrying value of the Notes due 2024 as of December 31, 2014 and 2013 was as follows (in thousands):
			December 31,
			2014			2013
	Principal amount		$	250,000			—
	Unamortized debt discount			(1,242	)		—
	Carrying value		$	248,758		$	—
Excel Trust, L.P.
Schedule of Mortgages Payable	Mortgages payable held by the Operating Partnership at December 31, 2014 and 2013 consist of the following (dollars in thousands):
			Carrying Amount of					Contractual			Effective			Monthly		Maturity
			Mortgage Notes					Interest Rate			Interest Rate			Payment(1)		Date
	Property Pledged as Collateral		December 31,			December 31,
			2014			2013
	Edwards Theatres		$	—		$	11,520		—			—		$	—		—
	Red Rock Commons			—			13,970		—			—			—		—
	Excel Centre			—			12,018		—			—			—		—
	Merchant Central			—			4,370		—			—			—		—
	Gilroy Crossing			—			45,836		—			—			—		—
	The Promenade			46,125			47,957		4.8	%		4.8	%		344		Oct-15
	5000 South Hulen			13,174			13,421		5.6	%		6.9	%		83		Apr-17
	Lake Pleasant Pavilion			27,513			27,855		6.09	%		5	%		143		October 2017
	West Broad Marketplace(2)			1,772			—		2.49	%		2.49	%		2		Jan-18
	Rite Aid — Vestavia Hills			833			1,015		7.25	%		7.25	%		21		Oct-18
	Living Spaces-Promenade			6,667			7,075		7.88	%		4.59	%		80		November 2019
	West Broad Village			39,700			39,700		3.33	%		3.33	%		110		May-20
	Downtown at the Gardens			42,545			—		4.6	%		4	%		253		Jun-22
	Lowe’s, Shippensburg			—			13,157
	Northside Mall(3)			12,000			12,000		0.05	%		1.05	%		1		Nov-35
				190,329			249,894
	Plus: premium(4)			2,419			1,297
	Mortgage notes payable, net		$	192,748		$	251,191
	-1	Amount represents the monthly payment of principal and interest at December 31, 2014.
	-2	In December 2014, the Company entered into a $58.0 million construction loan in connection with its acquisition of a developable land parcel at the West Broad Marketplace property. The maturity date of the construction loan is January 2018, but may be extended for an additional two one-year periods through January 2020 upon the payment of an extension fee. As of December 31, 2014, the construction loan bore interest at the rate of LIBOR plus a margin of 230 basis points (variable interest rate of 2.49% at December 31, 2014).
	-3	The debt represents redevelopment revenue bonds to be used for the redevelopment of this property, which mature in November 2035. Interest is reset weekly and determined by the bond remarketing agent based on the market value of the bonds (interest rate of 0.05% at December 31, 2014 and 0.10% at December 31, 2013). The interest rate on the bonds is currently priced off of the Securities Industry and Financial Markets Association Index but could change based on the credit of the bonds. The bonds are secured by a $12.1 million letter of credit issued by the Company from the Company’s unsecured revolving credit facility. An underwriter’s discount related to the original issuance of the bonds with a remaining balance of $100,000 and $105,000 at December 31, 2014 and 2013, respectively, is being amortized as additional interest expense through November 2035.
	-4	Represents (a) the fair value adjustment on assumed debt on acquired properties at the time of acquisition to account for below- or above-market interest rates and (b) an underwriter’s discount for the issuance of redevelopment bonds.
Mortgage Debt Maturities	The Company’s mortgage debt maturities at December 31, 2014 for each of the next five years and thereafter are as follows (dollars in thousands):
	Year Ending December 31,		Amount
	2015		$	48,606
	2016			3,070
	2017			42,192
	2018			4,722
	2019			6,390
	Thereafter			85,349
			$	190,329

Earnings_Per_Share_of_the_Pare1

Earnings Per Share of the Parent Company (Tables)	12 Months Ended
	Feb. 24, 2015
Computations of Basic and Diluted Earnings Per Share/Unit	Computations of basic and diluted earnings per share for the years ended December 31, 2014, 2013 and 2012 were as follows (in thousands, except share data):
		Year Ended
		December 31,
		2014			2013			2012
	Basic earnings per share:
	Income (loss) from continuing operations	$	9,092		$	7,573		$	1,710
	Preferred dividends		(10,380	)		(10,976	)		(10,353	)
	Cost of redemption of preferred stock		(1,687	)		—			—
	Allocation to participating securities		(299	)		(419	)		(456	)
	Income from continuing operations attributable to non-controlling interests		(340	)		(531	)		(340	)
	Loss from continuing operations applicable to the common stockholders	$	(3,614	)	$	(4,353	)	$	(9,439	)
	Net income (loss) attributable to the common stockholders	$	(3,315	)	$	8,548		$	(8,490	)
	Allocation to participating securities		(299	)		(419	)		(456	)
	Net income (loss) applicable to the common stockholders	$	(3,614	)	$	8,129		$	(8,946	)
	Weighted-average common shares outstanding:
	Basic and diluted		54,340,537			46,925,760			34,680,877
	Basic and diluted earnings per share:
	Loss from continuing operations per share attributable to the common stockholders	$	(0.07	)	$	(0.09	)	$	(0.27	)
	Income from discontinued operations per share attributable to the common stockholders		—			0.26			0.01
	Net income (loss) per share attributable to the common stockholders	$	(0.07	)	$	0.17		$	(0.26	)
Excel Trust, L.P.
Computations of Basic and Diluted Earnings Per Share/Unit	Computations of basic and diluted earnings per unit for the years ended December 31, 2014, 2013 and 2012 were as follows (in thousands, except unit data):
		Year Ended
		December 31,
		2014			2013			2012
	Basic earnings per unit:
	Income (loss) from continuing operations	$	9,092		$	7,573		$	1,710
	Preferred distributions		(10,380	)		(10,976	)		(10,353	)
	Cost of redemption of preferred OP units		(1,687	)		—			—
	Allocation to participating securities		(299	)		(419	)		(456	)
	Income from continuing operations attributable to non-controlling interests		(366	)		(335	)		(279	)
	Loss from continuing operations applicable to the unitholders	$	(3,640	)	$	(4,157	)	$	(9,378	)
	Net income (loss) attributable to the unitholders	$	(3,341	)	$	8,781		$	(8,787	)
	Allocation to participating securities		(299	)		(419	)		(456	)
	Net income (loss) applicable to the unitholders	$	(3,640	)	$	8,362		$	(9,243	)
	Weighted-average common OP units outstanding:
	Basic and diluted		55,495,318			48,123,312			35,912,370
	Basic and diluted earnings per unit:
	Loss from continuing operations per unit attributable to the unitholders	$	(0.07	)	$	(0.09	)	$	(0.26	)
	Income from discontinued operations per unit attributable to the unitholders		—			0.26			—
	Net income (loss) per unit attributable to the unitholders	$	(0.07	)	$	0.17		$	(0.26	)

Derivatives_and_Hedging_Activi1

Derivatives and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2014
Effect of Company's Derivative Financial Instruments on Condensed Consolidated Statements of Operations	The tables below present the effect of the Company’s derivative financial instruments on the consolidated statements of operations for the years ended December 31, 2014, 2013 and 2012 (in thousands):
		Years Ended
		December 31,
		2014		2013			2012
	Amount of unrealized gain (loss) recognized in OCI (effective portion):
	Interest rate swaps	$	—	$	(19	)	$	(305	)
	Other derivatives		—		—			—
	Total	$	—	$	(19	)	$	(305	)
	Amount of loss reclassified from accumulated OCI into income (effective portion):
	Interest rate swaps (interest expense)	$	—	$	(639	)	$	(649	)
	Other derivatives		—		—			—
	Total	$	—	$	(639	)	$	(649	)
	Amount of gain (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing):
	Interest rate swaps (other income/expense)	$	—	$	—		$	—
	Other derivatives (changes in fair value of financial instruments and gain on OP unit redemption)		—		230			1,530
	Total	$	—	$	230		$	1,530

Equity_of_the_Parent_Company_T

Equity of the Parent Company (Tables)	12 Months Ended
	Dec. 31, 2014
Shares of Restricted Common Stock	The following shares of restricted common stock were issued during the year ended December 31, 2014:
	Grant Date		Price at Grant			Number		Vesting
			Date					Period (yrs.)
	March 7, 2014(1)		$	12.57			4,000		4
	March 18, 2014(2)		$	12.8			558,331		1, 3
	March 24, 2014(3)		$	12.56			83,500		3
	May 13, 2014(4)		$	12.89			12,412		1
	-1	Shares issued to certain of the Company’s employees. These shares vest over four years with 25% vesting on the first anniversary of the grant date and the remainder vesting in equal quarterly installments thereafter.
	-2	Shares issued to senior management and other employees of the Company. A portion of the stock grants (452,500 shares of restricted common stock) vest over a three-year period and include performance or service conditions. The remaining stock grants (105,831 shares of restricted common stock) include a variety of performance and market conditions, with the restricted shares vesting on December 31, 2014 based on the achievement of the Company’s objectives during the year ended December 31, 2014.
	-3	Shares issued to certain of the Company’s employees. These shares vest over a three-year period with 33% vesting in equal annual installments on December 31, 2014, 2015 and 2016.
	-4	Shares issued to members of the Company’s board of directors. These shares vest in equal quarterly installments.
Non-Vested Shares of Company's Restricted Common Stock	As of December 31, 2014 and 2013, there was approximately $5.1 million and $1.6 million, respectively; of total unrecognized compensation expense related to the non-vested shares of the Parent Company’s restricted common stock. As of December 31, 2014 and 2013, this expense was expected to be recognized over a weighted-average remaining period of 1.8 and 1.1 years, respectively.
			Number of Nonvested			Weighted
			Shares of Restricted			Average Grant
			Common Stock			Date Fair Value
	Balance — January 1, 2014			611,683		$	9.73
	Grants			658,243		$	12.77
	Forfeitures/Expirations			(469,864	)	$	8.9
	Vested			(372,482	)	$	12.69
	Balance — December 31, 2014(1)			427,580		$	12.75
	-1	During the year ended December 31, 2014, 597 shares of common stock were surrendered to the Parent Company and subsequently retired in lieu of cash payments for taxes due on the vesting of restricted stock. The forfeiture of these shares is reflected in the accompanying consolidated statements of equity and capital as a decrease of the total restricted common shares issued during each period presented.

Equity_of_the_Operating_Partne1

Equity of the Operating Partnership (Tables)	12 Months Ended
	Dec. 31, 2014
Vested Ownership Interests in Operating Partnership	The following table shows the vested partnership interests in the Operating Partnership as of December 31, 2014 and 2013:
		December 31, 2014					December 31, 2013
		OP		Percentage			OP		Percentage
		Units		of Total			Units		of Total
	Excel Trust, Inc.		60,685,792		98.3	%		47,769,682		97.9	%
	Non-controlling interests consisting of:
	OP units held by employees and third parties		1,019,523		1.7	%		1,019,523		2.1	%
	Total		61,705,315		100	%		48,789,205		100	%

Discontinued_Operations_Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2014
Discontinued Operations	The following table provides information regarding the disposition of the properties:
			(in thousands)
	Property		Sales Price		Gain on Sale			Date of Sale		Acquisition Date
	Walgreens — North Corbin		$	4,514	$	1,129			7/19/13		5/24/10
	Grant Creek Town Center		$	32,343	$	10,926			9/13/13		8/27/10
	The results of operations for these properties are reported as discontinued operations for all periods presented in the accompanying consolidated statements of operations. The following table summarizes the revenue and expense components that comprise income from discontinued operations (dollars in thousands):
			Years Ended
			December 31,
			2014		2013			2012
	Total revenues		$	—	$	1,805		$	2,723
	Total expenses			—		1,341			2,588
	Income before non-controlling interests and gain on sale of real estate assets from discontinued operations			—		464			135
	Gain on sale of real estate assets from discontinued operations			—		12,055			—
	Non-controlling interest in discontinued operations(1)			—		(37	)		358
	Income from discontinued operations available to the common stockholders		$	—	$	12,482		$	493
	-1	Amounts represent the portion of non-controlling interest related to OP units not held by the Parent Company that would be attributable to discontinued operations (no amounts would be allocable with respect to the consolidated financial statements of the Operating Partnership).

Investment_in_Unconsolidated_E1

Investment in Unconsolidated Entities (Tables)	12 Months Ended
	Dec. 31, 2014
Summary of Unconsolidated Investment	General information on the Bay Hill property as of December 31, 2014 is as follows:
	Unconsolidated Investment		Partner		Ownership Interest			Formation/	Property
								Acquisition Date
	Bay Hill(1)			MDC		50	%	October 19, 2012	The Fountains at Bay Hill
	-1	At December 31, 2014, Bay Hill had real estate assets of $36.4 million, total assets of $39.4 million, mortgages payable of $24.0 million and total liabilities of $25.8 million. At December 31, 2013, Bay Hill had real estate assets of $37.0 million, total assets of $39.9 million, mortgages payable of $23.4 million and total liabilities of $25.6 million. Total revenues were $4.0 million, $3.8 million and $682,000, total expenses were $2.8 million, $3.3 million and $800,000 (including interest expense) and net income (loss) was $1.2 million, $489,000 and ($118,000) for the years ended December 31, 2014, 2013 and 2012, respectively. The outstanding mortgage note was refinanced in October 2014 with a notional amount of $24.0 million, which bears interest at a fixed rate of 3.75%. The new mortgage note has a maturity date of November 1, 2021.

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Treatment for Dividends	The income tax treatment for dividends was as follows:
		December 31, 2014					December 31, 2013					December 31, 2012
		Per		Percentage			Per		Percentage			Per		Percentage
		Share		of Total			Share		of Total			Share		of Total
	Common stock:
	Ordinary income	$	0.3807		54.4	%	$	0.3731		55.5	%	$	0.426		65.8	%
	Capital gain		0.1028		14.7	%		0.0197		2.9	%		—		—
	Return of capital		0.2165		30.9	%		0.2797		41.6	%		0.2215		34.2	%
	Total	$	0.7		100	%	$	0.6725		100	%	$	0.6475		100	%
		December 31, 2014					December 31, 2013					December 31, 2012
		Per		Percentage			Per		Percentage			Per		Percentage
		Share		of Total			Share		of Total			Share		of Total
	Series A preferred stock:
	Ordinary income	$	1.3781		78.7	%	$	1.6624		95	%	$	1.75		100	%
	Capital gain		0.3719		21.3	%		0.0876		5	%		—		—
	Return of capital		—		—			—		—			—		—
	Total	$	1.75		100	%	$	1.75		100	%	$	1.75		100	%
		December 31, 2014					December 31, 2013					December 31, 2012
		Per		Percentage			Per		Percentage			Per		Percentage
		Share		of Total			Share		of Total			Share		of Total
	Series B preferred stock:
	Ordinary income	$	1.5995		78.7	%	$	1.9296		95	%	$	1.4388		100	%
	Capital gain		0.4317		21.3	%		0.1016		5	%		—		—
	Return of capital		—		—			—		—			—		—
	Total	$	2.0312		100	%	$	2.0312		100	%	$	1.4388		100	%

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2014
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table reflects the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis at December 31, 2014 (dollars in thousands):
			Balance at			Quoted Prices in			Significant Other			Significant
			December 31,			Active Markets			Observable			Unobservable Inputs
			2014			(Level 1)			Inputs (Level 2)			(Level 3)
	Fair value measurements on a recurring basis:
	Assets:
	Investment in equity securities (see Note 2)		$	10,683		$	10,683		$	—		$	—
	Total		$	10,683		$	10,683		$	—		$	—
	The following table reflects the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value on a recurring basis at December 31, 2013 (dollars in thousands):
			Balance at			Quoted Prices in			Significant Other			Significant
			December 31,			Active Markets			Observable			Unobservable Inputs
			2013			(Level 1)			Inputs (Level 2)			(Level 3)
	Fair value measurements on a recurring basis:
	Assets:
	Other assets related to business combinations(1)		$	507		$	—		$	—		$	507
	Total		$	507		$	—		$	—		$	507
	-1	Amount reflects the fair value of funds expected to be received pursuant to master lease agreements executed in connection with the Promenade Corporate Center acquisition. The Company estimated the fair value of the asset based on its expectations of the probability of leasing or releasing spaces within the term of the master lease agreements and corresponding estimates for time required to lease, lease rates and funds required for tenant improvements and lease commissions. This amount was included in other assets in the accompanying consolidated balance sheets, with subsequent changes in the fair value of the asset recorded as a gain (loss) in earnings in the period in which the change occurs. The Company received final cash payments of $507,000 related to the master lease agreements in 2014.
Statement of Reconciliation of Financial Instruments Remeasured on Recurring Basis	The following table reconciles the beginning and ending balances of financial instruments that are remeasured on a recurring basis using significant unobservable inputs (Level 3) as of December 31, 2014 (in thousands):
			Other Assets
			Related to Business
			Combinations(1)
	Beginning balance, January 1, 2014		$	507
	Total gains:
	Included in earnings			—
	Purchases, issuances, or settlements			(507	)
	Ending balance, December 31, 2014		$	—
	-1	The change of $507,000 for other assets related to business combinations during the year ended December 31, 2014 is comprised of payments received on the master lease agreements.
	The following table reconciles the beginning and ending balances of financial instruments that are remeasured on a recurring basis using significant unobservable inputs (Level 3) as of December 31, 2013 (in thousands):
			Other Assets			Contingent Consideration			Derivative Instruments Related
			Related to Business			Related to Business			to Business Combinations(3)
			Combinations(1)			Combinations(2)
	Beginning balance, January 1, 2013		$	992		$	(1,787	)	$	(274	)
	Total gains:
	Included in earnings			6			1,562			246
	Purchases, issuances, or settlements			(491	)		225			28
	Ending balance, December 31, 2013		$	507		$	—		$	—
	-1	The change of $485,000 for other assets related to business combinations during the year ended December 31, 2013 is comprised of payments received on the master lease assets of $491,000 and an increase in the estimated fair value of funds to be received from escrow of $6,000.
	-2	The change of $1.8 million for contingent consideration related to business combinations represents the reversal of a contingent liability related to the earn-out for one property as a result of a shortfall in expected leasing of vacant space at the property and a reduction in the contingent liability related to another property as a result of higher leasing costs than originally estimated (recognized as changes in fair value of contingent consideration in the consolidated statements of operations). Additional consideration in the amount of approximately $205,000 was paid to the former owner in October 2013.
	-3	The change of $274,000 for derivative instruments related to business combinations for the year ended December 31, 2013 is related to changes to the redemption provision for OP units issued in connection with the 2011 Edwards Theatres acquisition as a result of (a) a decrease of $246,000 due to recognition of a gain included in earnings related to changes in the fair value of the redemption obligation and (b) a decrease of $28,000 due to the redemption of corresponding OP units.
Fair Values of Certain Additional Financial Assets and Liabilities	The fair values of certain additional financial assets and liabilities at December 31, 2014 and 2013 (fair value measurements categorized as Level 3 of the fair value hierarchy) are as follows (in thousands):
			December 31, 2014						December 31, 2013
			Carrying			Fair Value			Carrying			Fair Value
			Amount						Amount
	Financial assets:
	Note receivable (Other Assets)		$	—		$	—		$	750		$	750
	Financial liabilities:
	Mortgage notes payable			192,748			195,729			251,191			254,473
	Notes payable			238,000			235,940			179,500			179 ,500
	Unsecured notes			348,758			353,662			100,000			100,000
	Term loan			50,000			50,000			—			—

Segment_Disclosure_Tables

Segment Disclosure (Tables)	12 Months Ended
	Dec. 31, 2014
Reconciliation of Company's Segment Operations Activity	The following table reconciles the Company’s segment activity to its consolidated results of operations for the years ended December 31, 2014, 2013 and 2012 (in thousands).
		For theYear Ended
		December 31,
		2014			2013			2012
	Office Properties:
	Total revenues	$	9,205		$	8,610		$	8,522
	Property operating expenses		(3,492	)		(3,456	)		(3,254	)
	Property operating income, as defined		5,713			5,154			5,268
	Changes in fair value of contingent consideration		—			6			281
	General and administrative costs		(11	)		(28	)		(102	)
	Depreciation and amortization		(3,566	)		(3,725	)		(3,748	)
	Interest expense		(192	)		(772	)		(790	)
	Interest income		1			—			—
	Net income	$	1,945		$	635		$	909
	Multi-family Properties:
	Total revenues	$	5,420		$	5,413		$	1,074
	Property operating expenses		(1,864	)		(1,834	)		(233	)
	Property operating income, as defined		3,556			3,579			841
	General and administrative costs		(50	)		(131	)		(135	)
	Depreciation and amortization		(1,852	)		(2,760	)		(766	)
	Net income (loss)	$	1,654		$	688		$	(60	)
	Retail Properties:
	Total revenues	$	115,698		$	98,519		$	74,825
	Property operating expenses		(26,506	)		(22,760	)		(16,642	)
	Property operating income, as defined		89,192			75,759			58,183
	Changes in fair value of contingent consideration		—			1,562			—
	General and administrative costs		(17,948	)		(13,712	)		(13,559	)
	Depreciation and amortization		(45,243	)		(39,661	)		(30,286	)
	Interest expense		(23,975	)		(18,172	)		(14,860	)
	Interest income		239			204			173
	Income (loss) from equity in unconsolidated entities		2,578			40			(320	)
	Gain on sale of real estate assets		—			—			—
	Changes in fair value of financial instruments and gain on OP unit redemption		—			230			1,530
	Loss on extinguishment of debt from sale of real estate asset		(5,192	)		—			—
	Gain on sale of real estate assets		5,842			—			—
	Income from continuing operations		5,493			6,250			861
	Income from discontinued operations		—			12,519			135
	Net income	$	5,493		$	18,769		$	996
	Total Reportable Segments:
	Total revenues	$	130,323		$	112,542		$	84,421
	Property operating expenses		(31,862	)		(28,050	)		(20,129	)
	Property operating income, as defined		98,461			84,492			64,292
	Changes in fair value of contingent consideration		—			1,568			281
	General and administrative expenses		(18,009	)		(13,871	)		(13,796	)
	Depreciation and amortization		(50,661	)		(46,146	)		(34,800	)
	Interest expense		(24,167	)		(18,944	)		(15,650	)
	Interest income		240			204			173
	Loss from equity in unconsolidated entities		2,578			40			(320	)
	Changes in fair value of financial instruments and gain on OP unit redemption		—			230			1,530
	Loss on extinguishment of debt from sale of real estate asset		(5,192	)		—			—
	Gain on sale of real estate assets		5,842			—			—
	Income from continuing operations		9,092			7,573			1,710
	Income from discontinued operations		—			12,519			135
	Net income	$	9,092		$	20,092		$	1,845
		For theYear Ended
		December 31,
		2014			2013			2012
	Reconciliation to Consolidated Net Income Attributable to the Common Stockholders:
	Total net (loss) income for reportable segments		9,092			20,092			1,845
	Net (income) loss attributable to non-controlling interests		(340	)		(568	)		18
	Net income (loss) attributable to Excel Trust, Inc.	$	8,752		$	19,524		$	1,863
	Reconciliation to Consolidated Net Income Attributable to the Unitholders (Operating Partnership):
	Total net (loss) income for reportable segments		9,092			20,092			1,845
	Net (income) loss attributable to non-controlling interests		(366	)		(335	)		(279	)
Net income (loss) attributable to Excel Trust, L.P.	$	8,726		$	19,757		$	1,566
Reconciliation of Company's Segment Financial Position Activity	The following table shows the Company’s consolidated total assets by segment at December 31, 2014, 2013 and 2012 (in thousands).
		December 31,
		2014			2013			2012
	Assets:
	Office Properties:
	Total assets		62,747			67,273			70,473
	Multi-family Properties:
	Total assets		68,982			70,732			72,627
	Retail Properties:
	Total assets		1,515,408			1,080,816			936,154
	Total Reportable Segments and Consolidated Assets:
	Total assets	$	1,647,137		$	1,218,821		$	1,079,254

Supplemental_Financial_Informa1

Supplemental Financial Information (Tables)	12 Months Ended
	Dec. 31, 2014
Quarterly Results of Operations	The following represents the results of operations, expressed in thousands, except per share amounts for each quarter during the years ended December 31, 2014 and 2013. The sum of the quarterly financial data may vary from the annual data due to rounding (unaudited) (in thousands, except per share and per unit data):
	Excel Trust, Inc.
	2014	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	30,598		$	30,630		$	30,234		$	38,864
	Operating income		7,149			7,811			7,427			7,403
	Income from equity in unconsolidated entities		69			95			75			2,339
	Loss on extinguishment of debt from sale of real estate asset		—			—			—			(5,192	)
	Gain on sale of real estate assets		—			—			—			5,842
	Cost of redemption of preferred stock		—			—			(1,477	)		(210	)
	Net (loss) income attributable to the common stockholders		(549	)		(839	)		(2,830	)		903
	Net (loss) income per share-basic and diluted	$	(0.01	)	$	(0.02	)	$	(0.05	)	$	0.01
	2013	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	26,847		$	27,463		$	28,931		$	29,805
	Changes in fair value of contingent consideration		—			1,558			10			—
	Income (loss) from equity in unconsolidated entities		39			(65	)		12			53
	Changes in fair value of financial instruments and gain on OP unit redemption		230			—			—			—
	Income from continuing operations		219			3,427			1,520			2,394
	Income from discontinued operations		105			45			12,319			63
	Net (loss) income attributable to the common stockholders		(2,448	)		623			10,739			(366	)
	Net (loss) income per share-basic and diluted	$	(0.06	)	$	0.01		$	0.22		$	(0.01	)
	Excel Trust, L.P.
	2014	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	30,598		$	30,630		$	30,234		$	38,864
	Operating income		7,149			7,811			7,427			7,403
	Income from equity in unconsolidated entities		69			95			75			2,339
	Loss on extinguishment of debt from sale of real estate asset		—			—			—			(5,192	)
	Gain on sale of real estate assets		—			—			—			5,842
	Cost of redemption of preferred units		—			—			(1,477	)		(210	)
	Net (loss) income attributable to the unitholders		(559	)		(855	)		(2,851	)		924
	Net (loss) income per unit-basic and diluted	$	(0.01	)	$	(0.02	)	$	(0.05	)	$	0.01
	2013	Mar. 31			Jun. 30			Sep. 30			Dec. 31
	Revenues	$	26,847		$	27,463		$	28,931		$	29,805
	Changes in fair value of contingent consideration		—			1,558			10			—
	Income (loss) from equity in unconsolidated entities		39			(65	)		12			53
	Changes in fair value of financial instruments and gain on OP unit redemption		230			—			—			—
	Income from continuing operations		219			3,427			1,520			2,394
	Income from discontinued operations		105			45			12,319			63
	Net (loss) income attributable to the unitholders		(2,507	)		643			11,018			(373	)
	Net (loss) income per unit-basic and diluted	$	(0.06	)	$	0.01		$	0.22		$	(0.01	)

Organization_Additional_Inform

Organization - Additional Information (Detail) (Excel Trust, L.P.)	12 Months Ended
	Dec. 31, 2014
Excel Trust, Inc.
Percentage of ownership interest	98.30%
Limited Partners
Percentage of ownership interest	1.70%

Summary_of_Significant_Account3

Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	0 Months Ended	1 Months Ended	3 Months Ended	12 Months Ended			0 Months Ended
	Oct. 23, 2014	Aug. 31, 2014	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Nov. 10, 2014
				Customer	Customer	Customer
Summary Of Significant Accounting Policies [Line Items]
Deferred rents			$3,000,000	$3,000,000	$3,500,000
Increase in Rental income				2,200,000	3,700,000	3,100,000
Straight-line rent adjustment				1,200,000	1,300,000	720,000
Cash payment for property		1,100,000		35,497,000	23,119,000	9,101,000
Redemption of third party interest Agreed payment		2,000,000
Settlement as a percentage of excess of estimated fair value of related real estate		35.00%
Gain on sale of property	5,842,000		5,842,000	5,842,000
Long-lived assets, impairment recorded				0	0	0
Long-lived assets to be disposed, impairment recorded				0	0	0
Preferred stock purchase, shares			436,000	436,000
Preferred stock purchase, value			10,500,000	10,500,000
Preferred stock sold, shares				436,000
Net proceeds from sale of preferred stock				10,800,000
Allowances for uncollectible accounts			521,000	521,000	895,000
Bad debt expense				598,000	1,100,000	690,000
Number of tenant with more than 10% of revenue				0	0	0
Prior period adjustment					18,100,000
Additional paid-in capital			597,723,000	597,723,000	478,541,000
Retained earnings (deficit)			0	0	0
Notes Receivable
Summary Of Significant Accounting Policies [Line Items]
Settlement of note receivable		910,000
Accrued Interest
Summary Of Significant Accounting Policies [Line Items]
Settlement of note receivable		160,000
Construction in progress
Summary Of Significant Accounting Policies [Line Items]
Cash payment for property		1,100,000
Construction in progress | Profit participation interests
Summary Of Significant Accounting Policies [Line Items]
Costs related to grants of profit participation interests				2,900,000
Lowes
Summary Of Significant Accounting Policies [Line Items]
Sales of property	24,400,000
Gain on sale of property	-5,200,000
Cedar Square
Summary Of Significant Accounting Policies [Line Items]
Sales of property							3,000,000
An increase of common stock dividends paid from retained earnings and a corresponding decrease to common stock dividends paid from additional paid in capital
Summary Of Significant Accounting Policies [Line Items]
Prior period adjustment					7,100,000
An increase of preferred stock dividends paid from retained earnings and a corresponding decrease to preferred stock dividends paid from additional paid in capital
Summary Of Significant Accounting Policies [Line Items]
Prior period adjustment					11,000,000
Maximum
Summary Of Significant Accounting Policies [Line Items]
Annualized rate of return		12.00%
Guarantee by Federal deposit insurance corporation			250,000	250,000
Minimum
Summary Of Significant Accounting Policies [Line Items]
Annualized rate of return		8.00%
Scenario, Previously Reported
Summary Of Significant Accounting Policies [Line Items]
Additional paid-in capital					460,400,000
Retained earnings (deficit)					$18,100,000
Revenue
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				10.00%	10.00%	10.00%
Real Estate | California | Geographic Concentration Risk
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				23.80%	23.90%
Concentration risk percentage of revenue				24.40%	23.40%
Real Estate | Florida | Geographic Concentration Risk
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				14.20%
Real Estate | Arizona | Geographic Concentration Risk
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				12.50%	17.60%
Concentration risk percentage of revenue				16.20%	18.10%
Real Estate | Richmond, Virginia | Geographic Concentration Risk
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				12.40%	14.70%
Concentration risk percentage of revenue				10.40%	11.60%
Real Estate | Texas | Geographic Concentration Risk
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				11.70%	13.70%
Concentration risk percentage of revenue				13.60%	11.90%
Real Estate | UTAH | Geographic Concentration Risk
Summary Of Significant Accounting Policies [Line Items]
Concentration risk percentage				11.40%
Excel Trust Inc | Maximum
Summary Of Significant Accounting Policies [Line Items]
Highly liquid investments, maturity period				3 months

Estimated_Minimum_Rents_Under_

Estimated Minimum Rents Under Non-Cancelable Operating Tenant Leases (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Operating Leased Assets [Line Items]
2015	$120,463
2016	113,360
2017	103,922
2018	93,493
2019	75,879
Thereafter	310,590
Total	$817,707

Schedule_of_Estimated_Lives_of

Schedule of Estimated Lives of Assets (Detail)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Tenant improvements	Shorter of the useful lives or the terms of the related leases
Maximum
Property, Plant and Equipment [Line Items]
Building and improvements	40 years
Minimum
Property, Plant and Equipment [Line Items]
Building and improvements	15 years

Investment_in_Equity_Securitie

Investment in Equity Securities (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]
Equity securities, initial cost basis	$10,512
Gross unrealized gains	185
Gross unrealized losses	-14
Equity securities, fair value	$10,683	[1]
[1]	Determination of fair value is classified as Level 1 in the fair value hierarchy based on the use of quoted prices in active markets (see section entitled "Fair Value of Financial Instruments" below).

Amount_Reclassified_from_Accum

Amount Reclassified from Accumulated Other Comprehensive Loss (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013		Dec. 31, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gain	$171			$79
Unrealized losses		619		344
Ending Balance	168
Excel Trust, Inc.
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning Balance		-572		-811
Net change in other comprehensive income	171	48		-559
Total other comprehensive (gain) loss allocable to non-controlling interests	-3	-48		-13
Ending Balance	168			-572
Excel Trust, Inc. | Interest Rate Swaps
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized losses		-19		-305
Amount reclassified and recognized in net income		639	[1]	649	[1]
Excel Trust, Inc. | Available-for-sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gain	171			79
Amount reclassified and recognized in net income				-171	[2]
Excel Trust, L.P.
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning Balance		-620		-872
Unrealized gain	171	620		79
Unrealized losses		620		344
Net change in other comprehensive income	171			-620
Ending Balance	171			-620
Excel Trust, L.P. | Interest Rate Swaps
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized losses		-19		-305
Amount reclassified and recognized in net income		639	[1]	649	[1]
Excel Trust, L.P. | Available-for-sale Securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gain	171			79
Amount reclassified and recognized in net income				($171)	[2]
[1]	Amounts reclassified from unrealized loss on derivative instruments are included in interest expense in the consolidated statements of operations.
[2]	Amounts reclassified from unrealized gain on investments in equity securities are included in other income in the consolidated statements of operations.

Acquisitions_Detail

Acquisitions (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Business Acquisition [Line Items]
Debt Assumed	$42,723		$8,204		$79,670
Tracy Pavilion
Business Acquisition [Line Items]
Property			Tracy Pavilion
Date Acquired			24-Jan-13
Location			Tracy, CA
Stadium Center
Business Acquisition [Line Items]
Property			Stadium Center
Date Acquired			1-Jul-13
Location			Manteca, CA
League City Town Center
Business Acquisition [Line Items]
Property			League City Towne Center
Date Acquired			1-Aug-13
Location			League City, TX
Living Spaces-Promenade
Business Acquisition [Line Items]
Property			Living Spaces-Promenade	[1]
Date Acquired			27-Aug-13	[1]
Location			Scottsdale, AZ	[1]
Debt Assumed			7,268	[1]
LA Fitness
Business Acquisition [Line Items]
Property			LA Fitness
Date Acquired			4-Oct-13
Location			San Diego, CA
Cedar Square Shopping Center
Business Acquisition [Line Items]
Property			Cedar Square Shopping Center
Date Acquired			4-Nov-13
Location			Duncanville (Dallas), TX
Southlake Park Village
Business Acquisition [Line Items]
Property			Southlake Park Village	[2]
Date Acquired			18-Nov-13	[2]
Location			Southlake (Dallas), TX	[2]
Centennial Crossroads Plaza
Business Acquisition [Line Items]
Property			Centennial Crossroads Plaza
Date Acquired			22-Nov-13
Location			Las Vegas, NV
Shops at Fort Union
Business Acquisition [Line Items]
Property	Shops at Fort Union	[3]
Date Acquired	26-Sep-14	[3]
Location	Midvale, UT	[3]
The Family Center at Orem
Business Acquisition [Line Items]
Property	The Family Center at Orem	[3]
Date Acquired	26-Sep-14	[3]
Location	Orem, UT	[3]
Downtown At The Gardens
Business Acquisition [Line Items]
Property	Downtown at the Gardens
Date Acquired	1-Oct-14
Location	Palm Beach Gardens, FL
Debt Assumed	42,723
Brandywine Crossing
Business Acquisition [Line Items]
Property	Brandywine Crossing	[4]
Date Acquired	25-Nov-14	[4]
Location	Brandywine, MD	[4]
West Broad Marketplace
Business Acquisition [Line Items]
Property	West Broad Marketplace	[5]
Date Acquired	3-Dec-14	[5]
Location	Richmond, VA	[5]
Riverpoint Marketplace
Business Acquisition [Line Items]
Property	Riverpoint Marketplace
Date Acquired	19-Dec-14
Location	Sacramento, CA
Highland Reserve
Business Acquisition [Line Items]
Property	Highland Reserve
Date Acquired	29-Dec-14
Location	Roseville, CA
Promenade Corporate Center | Consolidated Properties
Business Acquisition [Line Items]
Property					Promenade Corporate Center
Date Acquired					23-Jan-12
Location					Scottsdale, AZ
EastChase Market Center | Consolidated Properties
Business Acquisition [Line Items]
Property					EastChase Market Center
Date Acquired					17-Feb-12
Location					Montgomery, AL
Lake Pleasant Pavilion | Consolidated Properties
Business Acquisition [Line Items]
Property					Lake Pleasant Pavilion
Date Acquired					16-May-12
Location					Peoria, AZ
Debt Assumed					28,250
Chimney Rock | Consolidated Properties
Business Acquisition [Line Items]
Property					Chimney Rock
Date Acquired					30-Aug-12
Location					Odessa, TX
Pavilion Crossing | Consolidated Properties
Business Acquisition [Line Items]
Property					Pavilion Crossing
Date Acquired					1-Oct-12
Location					Brandon, FL
Dellagio | Consolidated Properties
Business Acquisition [Line Items]
Property					Dellagio	[6]
Date Acquired					19-Oct-12	[6]
Location					Orlando, FL	[6]
Lake Burden Shoppes | Consolidated Properties
Business Acquisition [Line Items]
Property					Lake Burden Shoppes	[6]
Date Acquired					19-Oct-12	[6]
Location					Orlando, FL	[6]
Meadow Ridge Plaza | Consolidated Properties
Business Acquisition [Line Items]
Property					Meadow Ridge Plaza	[6]
Date Acquired					19-Oct-12	[6]
Location					Orlando, FL	[6]
Shoppes of Belmere | Consolidated Properties
Business Acquisition [Line Items]
Property					Shoppes of Belmere	[6]
Date Acquired					19-Oct-12	[6]
Location					Orlando, FL	[6]
West Broad Village | Consolidated Properties
Business Acquisition [Line Items]
Property					West Broad Village	[6]
Date Acquired					19-Oct-12	[6]
Location					Richmond, VA	[6]
Debt Assumed					50,000	[6]
La Costa Town Center | Unconsolidated Properties
Business Acquisition [Line Items]
Property					La Costa Town Center	[7]
Date Acquired					29-Feb-12	[7]
Location					Carlsbad, CA	[7]
The Fountains at Bay Hill | Unconsolidated Properties
Business Acquisition [Line Items]
Property					The Fountains at Bay Hill	[6]
Date Acquired					19-Oct-12	[6]
Location					Orlando, FL	[6]
Debt Assumed					$11,985	[6]
[1]	On August 27, 2013, the Company acquired a land parcel that was previously not owned at The Promenade retail property in Scottsdale, Arizona (not considered a separate property). The land parcel contains a building, which was constructed by the tenant and is subject to a ground lease.
[2]	On November 18, 2013, the Company acquired an undeveloped land parcel comprising approximately 22.4 acres in Southlake (Dallas), Texas on which the Company intends to develop a retail shopping center with approximately 186,000 square feet of gross leasable area ("GLA"). The acquisition was accounted for as an asset acquisition, with the majority of the purchase price allocated to the value of the undeveloped land parcel and the capitalization of costs directly related to the transaction. Approximately $265,000 of the purchase price paid is held in an escrow account to be disbursed in connection with the construction of on-site infrastructure projects. In addition, subsequent to the acquisition of the property, the Company reimbursed the seller for construction costs previously incurred, which have been reflected on the accompanying consolidated balance sheets as construction in progress.
[3]	On September 26, 2014, the Company completed the acquisition of a portfolio of two retail shopping centers, which are located in Utah. The purchase price of $148.4 million was paid entirely in cash.
[4]	On November 25, 2014, the Company acquired a developed outparcel that was previously not owned at the Brandywine Crossing retail property in Brandywine, MD (not considered a separate property).
[5]	On December 2, 2014, the Company entered into an agreement with a development partner to form a joint venture entity, which then acquired an undeveloped land parcel comprising approximately 60.4 acres in Richmond, Virginia on which the joint venture intends to develop a retail shopping center with approximately 405,000 square feet of GLA. The Company holds an 80% ownership interest in the entity with the remaining 20% ownership interest held by the development partner (see Note 6). The acquisition was accounted for as an asset acquisition, with the purchase price allocated to the value of the undeveloped land parcel.
[6]	On October 19, 2012, the Company completed the acquisition of a portfolio of five retail shopping centers and a 50% tenant-in-common interest in a sixth retail shopping center (an unconsolidated property, The Fountains at Bay Hill), which are located in Florida and Virginia. The purchase price of $259.2 million includes $192.1 million in cash paid, the assumption of $62.0 million in mortgage notes (including $12.0 million at The Fountains at Bay Hill) and the issuance of 411,184 OP units with a fair value of approximately $5.1 million based on a closing price of $12.36 per share of common stock on the date of acquisition. Five of the shopping centers are located in Orange County, Florida and comprise a total of approximately 319,000 square feet of GLA (the shopping center in which the Company has a 50% tenant-in-common interest comprises approximately 104,000 square feet of GLA). The sixth retail shopping center is located in Richmond, Virginia and comprises approximately 386,000 square feet of retail and commercial GLA, with an additional 339 apartment units on the upper levels of the shopping center. The Company has an agreement to purchase the remaining 50% tenant-in-common interest in the Florida shopping center if certain approvals are obtained. The Company's proportionate share of the assets purchased and liabilities and debt assumed with the acquisition of The Fountains at Bay Hill property are reflected on the accompanying consolidated balance sheets as an investment in unconsolidated entities (for more details, see Note 15). In connection with the acquisition of one of the Florida properties, the Company entered into a put option whereby it may resell the property to the former owner after a period of five years for a price equal to the original purchase price. The Company has estimated the asset to have a value of approximately $363,000 based on the fair value of the put option as of the date of acquisition. In addition, the Company has entered into a call option related to the acquisition of another Florida property whereby the former owner may purchase approximately 13,000 square feet of GLA currently utilized as its headquarters during a three-year period. The Company will account for the underlying lease as a direct finance lease and will continue to reflect the corresponding premises as leased and occupied until such time as the call option is exercised by the former owner. In connection with the acquisition, the value associated with the acquired building has been recorded net of the estimated fair value of the call option of $4.3 million.
[7]	This property was originally purchased as a consolidated property. However, in September 2012, the La Costa Town Center property was contributed in exchange for proceeds of approximately $21.2 million to a newly-formed entity in which the Company holds a 20% ownership interest (see Note 15). The Company accounts for its remaining equity ownership in the property in a manner similar to the equity method of accounting, which is reflected in the accompanying consolidated balance sheets as an investment in unconsolidated entities.

Allocation_of_Purchase_Price_D

Allocation of Purchase Price (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Business Acquisition [Line Items]
Building	285,682		101,537
Land	82,018		66,496
Above- Market Leases	7,106		1,969
Below-Market Leases	-19,716		-6,669
In-Place Leases	62,866		15,980
Debt (Premium)/ Discount	-1,440		-936
Purchase Price	416,516		178,642
Other			265
Purchase Price At Acquisitions
Business Acquisition [Line Items]
Below market lease, useful life	117 months	[1]	117 months	[2]
Shops at Fort Union
Business Acquisition [Line Items]
Building	100,173
Land	24,270
Above- Market Leases	862
Below-Market Leases	-10,953
In-Place Leases	17,119
Purchase Price	131,471
The Family Center at Orem
Business Acquisition [Line Items]
Building	11,229
Land	4,450
Below-Market Leases	-296
In-Place Leases	1,577
Purchase Price	16,960
Downtown At The Gardens
Business Acquisition [Line Items]
Building	91,241
Land	13,920
Above- Market Leases	5,268
Below-Market Leases	-2,254
In-Place Leases	33,466
Debt (Premium)/ Discount	-1,440
Purchase Price	140,201
Brandywine Crossing
Business Acquisition [Line Items]
Building	7,840
Land	2,910
Above- Market Leases	14
Below-Market Leases	-286
In-Place Leases	1,068
Purchase Price	11,546
Riverpoint Marketplace
Business Acquisition [Line Items]
Building	33,024	[3]
Land	7,700	[3]
Above- Market Leases	281	[3]
Below-Market Leases	-1,677	[3]
In-Place Leases	4,481	[3]
Purchase Price	43,809	[3]
Highland Reserve
Business Acquisition [Line Items]
Building	42,175	[3]
Land	8,750	[3]
Above- Market Leases	681	[3]
Below-Market Leases	-4,250	[3]
In-Place Leases	5,155	[3]
Purchase Price	52,511	[3]
Tracy Pavilion
Business Acquisition [Line Items]
Building			22,611
Land			6,193
Above- Market Leases			163
Below-Market Leases			-1,136
In-Place Leases			2,907
Purchase Price			30,738
Stadium Center
Business Acquisition [Line Items]
Building			28,872
Land			10,284
Above- Market Leases			882
Below-Market Leases			-2,939
In-Place Leases			4,051
Purchase Price			41,150
League City Town Center
Business Acquisition [Line Items]
Building			24,767
Land			10,858
Above- Market Leases			315
Below-Market Leases			-1,249
In-Place Leases			4,809
Purchase Price			39,500
Living Spaces-Promenade
Business Acquisition [Line Items]
Building			1,038	[4]
Land			14,514	[4]
Below-Market Leases			-116	[4]
In-Place Leases			1,500	[4]
Debt (Premium)/ Discount			-936	[4]
Purchase Price			16,000	[4]
LA Fitness
Business Acquisition [Line Items]
Building			9,957
Land			3,123
In-Place Leases			1,220
Purchase Price			14,300
Cedar Square Shopping Center
Business Acquisition [Line Items]
Building			2,808
Land			1,667
Above- Market Leases			38
Below-Market Leases			-691
In-Place Leases			478
Purchase Price			4,300
Southlake Park Village
Business Acquisition [Line Items]
Land			15,989	[5]
Purchase Price			16,254	[5]
Other			265	[5]
Centennial Crossroads Plaza
Business Acquisition [Line Items]
Building			11,484
Land			3,868
Above- Market Leases			571
Below-Market Leases			-538
In-Place Leases			1,015
Purchase Price			16,400
West Broad Marketplace
Business Acquisition [Line Items]
Land	20,018
Purchase Price	20,018
Consolidated Properties
Business Acquisition [Line Items]
Building					287,167
Land					83,533
Above- Market Leases					8,993
Below-Market Leases					-15,007
In-Place Leases					27,334
Debt (Premium)/ Discount					-1,420
Purchase Price					395,104
Other					4,504
Consolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Below market lease, useful life					169 months	[2]
Consolidated Properties | West Broad Village
Business Acquisition [Line Items]
Building					137,697	[6]
Land					24,543	[6]
Above- Market Leases					3,051	[6]
Below-Market Leases					-5,627	[6]
In-Place Leases					9,240	[6]
Purchase Price					171,302	[6]
Other					2,398	[6]
Consolidated Properties | Promenade Corporate Center
Business Acquisition [Line Items]
Building					44,465	[7]
Land					4,477	[7]
Above- Market Leases					781	[7]
Below-Market Leases					-749	[7]
In-Place Leases					3,279	[7]
Purchase Price					52,253	[7]
Consolidated Properties | EastChase Market Center
Business Acquisition [Line Items]
Building					19,567
Land					4,215
Above- Market Leases					360
Below-Market Leases					-1,296
In-Place Leases					1,804
Purchase Price					24,650
Consolidated Properties | Lake Pleasant Pavilion
Business Acquisition [Line Items]
Building					28,127
Land					9,958
Above- Market Leases					2,857
Below-Market Leases					-184
In-Place Leases					2,412
Debt (Premium)/ Discount					-1,420
Purchase Price					41,750
Consolidated Properties | Chimney Rock
Business Acquisition [Line Items]
Building					14,089	[8]
Land					7,368	[8]
Below-Market Leases					-2,291	[8]
In-Place Leases					2,532	[8]
Purchase Price					23,804	[8]
Other					2,106	[8]
Consolidated Properties | Pavilion Crossing
Business Acquisition [Line Items]
Building					9,268
Land					3,729
Above- Market Leases					153
Below-Market Leases					-1,344
In-Place Leases					1,490
Purchase Price					13,296
Consolidated Properties | Dellagio
Business Acquisition [Line Items]
Building					20,106
Land					16,780
Above- Market Leases					1,277
Below-Market Leases					-2,031
In-Place Leases					3,972
Purchase Price					40,104
Consolidated Properties | Lake Burden Shoppes
Business Acquisition [Line Items]
Building					4,020
Land					3,981
Below-Market Leases					-79
In-Place Leases					601
Purchase Price					8,523
Consolidated Properties | Meadow Ridge Plaza
Business Acquisition [Line Items]
Building					4,706
Land					3,781
Above- Market Leases					348
Below-Market Leases					-246
In-Place Leases					1,140
Purchase Price					9,729
Consolidated Properties | Shoppes of Belmere
Business Acquisition [Line Items]
Building					5,122
Land					4,701
Above- Market Leases					166
Below-Market Leases					-1,160
In-Place Leases					864
Purchase Price					9,693
Unconsolidated Properties
Business Acquisition [Line Items]
Building					24,083
Land					18,288
Above- Market Leases					335
Below-Market Leases					-3,099
In-Place Leases					3,699
Purchase Price					43,306
Unconsolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Below market lease, useful life					106 months	[2]
Unconsolidated Properties | La Costa Town Center
Business Acquisition [Line Items]
Building					15,054	[9]
Land					8,383	[9]
Above- Market Leases					86	[9]
Below-Market Leases					-2,069	[9]
In-Place Leases					2,046	[9]
Purchase Price					23,500	[9]
Unconsolidated Properties | The Fountains at Bay Hill
Business Acquisition [Line Items]
Building					9,029	[10]
Land					9,905	[10]
Above- Market Leases					249	[10]
Below-Market Leases					-1,030	[10]
In-Place Leases					1,653	[10]
Purchase Price					19,806	[10]
Above Market Leases | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life	90 months	[1]	56 months	[2]
Above Market Leases | Consolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life					76 months	[2]
Above Market Leases | Unconsolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life					34 months	[2]
In-Place Leases
Business Acquisition [Line Items]
Remaining useful life	74 months		78 months
In-Place Leases | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life	80 months	[1]	150 months	[2]
In-Place Leases | Consolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life					105 months	[2]
In-Place Leases | Unconsolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life					55 months	[2]
Debt (Premium)/Discount | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life	92 months	[1]	76 months	[2]
Debt (Premium)/Discount | Consolidated Properties | Purchase Price At Acquisitions
Business Acquisition [Line Items]
Remaining useful life					65 months	[2]
[1]	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities.
[2]	Weighted-average remaining useful life (months) for recorded intangible assets and liabilities as of the date of acquisition.
[3]	As of December 31, 2014, the purchase price allocation related to the acquisition of these properties was preliminary and the final purchase price allocation will be determined pending the receipt of information necessary to complete the valuation of assets and liabilities, which may result in a change from these initial estimates.
[4]	On August 27, 2013, the Company acquired a land parcel that was previously not owned at The Promenade retail property in Scottsdale, Arizona (not considered a separate property). The land parcel contains a building, which was constructed by the tenant and is subject to a ground lease.
[5]	On November 18, 2013, the Company acquired an undeveloped land parcel comprising approximately 22.4 acres in Southlake (Dallas), Texas on which the Company intends to develop a retail shopping center with approximately 186,000 square feet of gross leasable area ("GLA"). The acquisition was accounted for as an asset acquisition, with the majority of the purchase price allocated to the value of the undeveloped land parcel and the capitalization of costs directly related to the transaction. Approximately $265,000 of the purchase price paid is held in an escrow account to be disbursed in connection with the construction of on-site infrastructure projects. In addition, subsequent to the acquisition of the property, the Company reimbursed the seller for construction costs previously incurred, which have been reflected on the accompanying consolidated balance sheets as construction in progress.
[6]	Amount indicated as other for the West Broad Village acquisition includes approximately $2.4 million of furniture, fixtures and equipment associated with 339 apartment units on the property.
[7]	The purchase price of $52.3 million reflects $13.9 million in cash paid and the issuance of 3,230,769 shares of common stock with a fair value of approximately $39.1 million based on a closing price of $12.11 per share on the date of acquisition. The purchase price noted above is net of master lease agreements between the Company and the seller in the amount of $772,000 (included in other assets on the accompanying consolidated balance sheets) based on the estimated fair value of funds expected to be received from escrow in connection with the acquisition. Payments under the master lease agreements commenced upon the expiration of two existing leases in June 2012 and February 2013 (with terms through May 2013 and January 2015, respectively). In addition, the seller has agreed to reimburse the Company for any expenditures resulting from tenant improvements or leasing commissions related to the spaces to the extent that funds remain available pertaining to the master lease agreements. See Note 19 for a discussion of changes in the fair value of this asset after the initial acquisition.
[8]	The purchase price of $23.8 million noted above includes a long-term asset recognized at acquisition with a valuation of approximately $3.0 million (included in other assets) and a long-term liability with a preliminary valuation of approximately $906,000 (included in accounts payable and other liabilities). The long-term asset and the long-term liability reflect the estimated fair value of funds expected to be received pursuant to an economic development agreement executed between the previous owner of the property and the City of Odessa and the portion of such funds that is owed to a third party. As a result of the agreement, the Company is eligible to receive a refund of up to $5.1 million in municipal sales taxes generated by retail sales at the property over a period of up to 15 years. Both the long-term asset and the long-term liability will be accreted to their respective gross balances of $5.1 million and $1.0 million, respectively, over periods of 14 years and three years, respectively.
[9]	This property was originally purchased as a consolidated property. However, in September 2012, the La Costa Town Center property was contributed in exchange for proceeds of approximately $21.2 million to a newly-formed entity in which the Company holds a 20% ownership interest (see Note 15). The Company accounts for its remaining equity ownership in the property in a manner similar to the equity method of accounting, which is reflected in the accompanying consolidated balance sheets as an investment in unconsolidated entities.
[10]	Amount of assets acquired and liabilities assumed for The Fountains at Bay Hill property reflect the Company's 50% tenant-in-common interest in the property. These balances, as well as the Company's $12.0 million proportionate share of the outstanding indebtedness at the property, are reflected as investment in unconsolidated entities on the accompanying consolidated balance sheets.

Allocation_of_Purchase_Price_P

Allocation of Purchase Price (Parenthetical) (Detail) (USD $)	12 Months Ended		0 Months Ended	12 Months Ended		0 Months Ended		12 Months Ended	1 Months Ended
	Dec. 31, 2012		Nov. 18, 2013	Dec. 31, 2013		Sep. 26, 2014	Oct. 19, 2012	Dec. 31, 2014	Oct. 31, 2012	Dec. 02, 2014
						Property	Property	Property		acre
Business Acquisition [Line Items]
Purchase Price				$178,642,000				416,516,000
Assets received in connection with property acquisitions	772,000
Purchase price of net of a long term Assets	23,800,000
Fair value of funds of other assets	3,000,000
Asset recognized along with a corresponding long-term liability	906,000
Refund in Municipal Sales Taxes	5,100,000
Period of Retail Sales	15 years
Gross Balance of long term asset	5,100,000
Gross Balance of long term liability	1,000,000
Period of gross balance of long term asset	14 years
Period of Gross Balance of long term liability	3 years
Outstanding indebtedness at property	12,000,000
Bay Hill Property
Business Acquisition [Line Items]
Percentage of acquisition	50.00%
West Broad Village
Business Acquisition [Line Items]
Purchase price allocated to furniture, fixtures and equipment	2,400,000
Number of apartment acquired	339
Southlake Park Village
Business Acquisition [Line Items]
Date of acquisition				18-Nov-13	[1]
Square Footage			22.4
Purchase price paid and held in escrow account			265,000
Purchase Price				16,254,000	[1]
Gem Llc
Business Acquisition [Line Items]
Cash paid to purchase entity	21,200,000
Percentage of ownership interest	20.00%
Richmond Virginia
Business Acquisition [Line Items]
Square Footage										60.4
Ownership interest percentage										80.00%
Richmond Virginia | Development partner
Business Acquisition [Line Items]
Ownership interest percentage										20.00%
Retail Space
Business Acquisition [Line Items]
Date of acquisition						26-Sep-14
Number of businesses acquired						2
Aggregate purchase price for the acquisition cash paid						148,400,000
Retail Space | Southlake Park Village
Business Acquisition [Line Items]
Square Footage			186,000
Retail Space | The Fountains at Bay Hill
Business Acquisition [Line Items]
Date of acquisition	29-Oct-12
Number of businesses acquired							5
Aggregate purchase price for the acquisition cash paid							192,100,000
Percentage of acquisition							50.00%
Purchase Price							259,200,000
Aggregate purchase price for the acquisition Including mortgage notes							62,000,000
Issuance of stock in connection with acquisition							411,184
Fair value of the common stock related to acquisition							5,100,000
Closing price of shares on date of acquisition							$12.36
Retail Space | Florida | Southeast Portfolio
Business Acquisition [Line Items]
Number of businesses acquired								5
Square Footage							319,000
Agreement to purchase the remaining percentage							50.00%
Retail Space | Florida | Southeast Portfolio | Bay Hill Property
Business Acquisition [Line Items]
Square Footage							104,000
Retail Space | Richmond Virginia
Business Acquisition [Line Items]
Square Footage										405,000
Retail Space | Richmond Virginia | Southeast Portfolio
Business Acquisition [Line Items]
Percentage of acquisition							50.00%
Retail and Commercial | Southeast Portfolio
Business Acquisition [Line Items]
Square Footage							386,000
Number of additional apartment units							339
Consolidated Properties
Business Acquisition [Line Items]
Purchase Price	395,104,000
Consolidated Properties | West Broad Village
Business Acquisition [Line Items]
Date of acquisition	19-Oct-12	[2]
Purchase Price	171,302,000	[3]
Consolidated Properties | Promenade Corporate Center
Business Acquisition [Line Items]
Date of acquisition	23-Jan-12
Aggregate purchase price for the acquisition cash paid	13,900,000
Purchase Price	52,253,000	[4]
Issuance of stock in connection with acquisition	3,230,769
Fair value of the common stock related to acquisition	39,100,000
Closing price of shares on date of acquisition	$12.11
Assets received in connection with property acquisitions	772,000
Unconsolidated Properties
Business Acquisition [Line Items]
Purchase Price	43,306,000
Unconsolidated Properties | The Fountains at Bay Hill
Business Acquisition [Line Items]
Date of acquisition	19-Oct-12	[2]
Purchase Price	19,806,000	[5]
Unconsolidated Properties | Retail Space | The Fountains at Bay Hill
Business Acquisition [Line Items]
Aggregate purchase price for the acquisition Including mortgage notes							12,000,000
Put Option | Real Estate
Business Acquisition [Line Items]
Price risk derivative, term									5 years
Fair value of price risk derivative									363,000
Call Option | Real Estate
Business Acquisition [Line Items]
Square Footage									13,000
Price risk derivative, term									3 years
Fair value of price risk derivative									$4,300,000
[1]	On November 18, 2013, the Company acquired an undeveloped land parcel comprising approximately 22.4 acres in Southlake (Dallas), Texas on which the Company intends to develop a retail shopping center with approximately 186,000 square feet of gross leasable area ("GLA"). The acquisition was accounted for as an asset acquisition, with the majority of the purchase price allocated to the value of the undeveloped land parcel and the capitalization of costs directly related to the transaction. Approximately $265,000 of the purchase price paid is held in an escrow account to be disbursed in connection with the construction of on-site infrastructure projects. In addition, subsequent to the acquisition of the property, the Company reimbursed the seller for construction costs previously incurred, which have been reflected on the accompanying consolidated balance sheets as construction in progress.
[2]	On October 19, 2012, the Company completed the acquisition of a portfolio of five retail shopping centers and a 50% tenant-in-common interest in a sixth retail shopping center (an unconsolidated property, The Fountains at Bay Hill), which are located in Florida and Virginia. The purchase price of $259.2 million includes $192.1 million in cash paid, the assumption of $62.0 million in mortgage notes (including $12.0 million at The Fountains at Bay Hill) and the issuance of 411,184 OP units with a fair value of approximately $5.1 million based on a closing price of $12.36 per share of common stock on the date of acquisition. Five of the shopping centers are located in Orange County, Florida and comprise a total of approximately 319,000 square feet of GLA (the shopping center in which the Company has a 50% tenant-in-common interest comprises approximately 104,000 square feet of GLA). The sixth retail shopping center is located in Richmond, Virginia and comprises approximately 386,000 square feet of retail and commercial GLA, with an additional 339 apartment units on the upper levels of the shopping center. The Company has an agreement to purchase the remaining 50% tenant-in-common interest in the Florida shopping center if certain approvals are obtained. The Company's proportionate share of the assets purchased and liabilities and debt assumed with the acquisition of The Fountains at Bay Hill property are reflected on the accompanying consolidated balance sheets as an investment in unconsolidated entities (for more details, see Note 15). In connection with the acquisition of one of the Florida properties, the Company entered into a put option whereby it may resell the property to the former owner after a period of five years for a price equal to the original purchase price. The Company has estimated the asset to have a value of approximately $363,000 based on the fair value of the put option as of the date of acquisition. In addition, the Company has entered into a call option related to the acquisition of another Florida property whereby the former owner may purchase approximately 13,000 square feet of GLA currently utilized as its headquarters during a three-year period. The Company will account for the underlying lease as a direct finance lease and will continue to reflect the corresponding premises as leased and occupied until such time as the call option is exercised by the former owner. In connection with the acquisition, the value associated with the acquired building has been recorded net of the estimated fair value of the call option of $4.3 million.
[3]	Amount indicated as other for the West Broad Village acquisition includes approximately $2.4 million of furniture, fixtures and equipment associated with 339 apartment units on the property.
[4]	The purchase price of $52.3 million reflects $13.9 million in cash paid and the issuance of 3,230,769 shares of common stock with a fair value of approximately $39.1 million based on a closing price of $12.11 per share on the date of acquisition. The purchase price noted above is net of master lease agreements between the Company and the seller in the amount of $772,000 (included in other assets on the accompanying consolidated balance sheets) based on the estimated fair value of funds expected to be received from escrow in connection with the acquisition. Payments under the master lease agreements commenced upon the expiration of two existing leases in June 2012 and February 2013 (with terms through May 2013 and January 2015, respectively). In addition, the seller has agreed to reimburse the Company for any expenditures resulting from tenant improvements or leasing commissions related to the spaces to the extent that funds remain available pertaining to the master lease agreements. See Note 19 for a discussion of changes in the fair value of this asset after the initial acquisition.
[5]	Amount of assets acquired and liabilities assumed for The Fountains at Bay Hill property reflect the Company's 50% tenant-in-common interest in the property. These balances, as well as the Company's $12.0 million proportionate share of the outstanding indebtedness at the property, are reflected as investment in unconsolidated entities on the accompanying consolidated balance sheets.

Pro_Forma_Information_Detail

Pro Forma Information (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Business Acquisition [Line Items]
Revenues	$160,861		$160,038		$119,938
Net income	$11,212	[1]	$19,804	[1]	$5,197	[1]
Earnings per share	($0.03)		$0.17		($0.16)
[1]	Pro forma results for the years ended December 31, 2014, 2013 and 2012 were adjusted to exclude non-recurring acquisition costs of approximately $1.8 million, $241,000 and $919,000, respectively, related to the 2014, 2013 and 2012 acquisitions. The pro forma results for the year ended December 31, 2013 were adjusted to include non-recurring costs relating to the 2014 acquisitions of $1.8 million. The pro forma results for the year ended December 31, 2012 were adjusted to include non-recurring costs relating to the 2013 acquisitions of $241,000. A portion of the 2012 acquisitions were funded with proceeds from the offering of 8.125% Series B Cumulative Redeemable Preferred Stock ("Series B preferred stock"). However, pro forma net income for the year ended December 31, 2012 is not adjusted for this funding as the assumed Series B preferred stock quarterly dividends of approximately $1.9 million are not included in the determination of net income (included only as a reduction of net income (loss) attributable to the common stockholders).

Pro_Forma_Information_Parenthe

Pro Forma Information (Parenthetical) (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]
Nonrecurring Acquisition Cost	$1,800,000	$241,000	$919,000
8.125% Series B cumulative redeemable preferred stock
Business Acquisition [Line Items]
Preferred stock, dividend rate, percentage	8.13%
Series B preferred stock quarterly dividend		$1,900,000

Schedule_of_Lease_Intangible_A

Schedule of Lease Intangible Assets, Net (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, net	$123,373	$78,345
In-Place Leases
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, net	78,336	47,058
Above Market Leases
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, net	16,436	13,725
Leasing Commissions
Finite-Lived Intangible Assets [Line Items]
Lease intangibles, net	$28,601	$17,562

Schedule_of_Lease_Intangible_A1

Schedule of Lease Intangible Assets, Net (Parenthetical) (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
In-Place Leases
Finite-Lived Intangible Assets [Line Items]
Net of accumulated amortization for lease intangible assets	$31.10	$26.70
Weighted average remaining life of lease intangible assets (in months)	74 months	78 months
Above Market Leases
Finite-Lived Intangible Assets [Line Items]
Net of accumulated amortization for lease intangible assets	8.8	7.5
Weighted average remaining life of lease intangible assets (in months)	69 months	62 months
Leasing Commissions
Finite-Lived Intangible Assets [Line Items]
Net of accumulated amortization for lease intangible assets	$8.70	$7.10
Weighted average remaining life of lease intangible assets (in months)	93 months	99 months

Estimated_Amortization_of_Leas

Estimated Amortization of Lease Intangible Assets (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Expected Amortization Expense [Line Items]
2015	$28,060
2016	19,900
2017	16,585
2018	14,042
2019	10,856
Thereafter	33,930
Total	$123,373	$78,345

Lease_Intangible_Assets_Net_Ad

Lease Intangible Assets Net - Additional Information (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Finite-Lived Intangible Assets [Line Items]
Amortization expense recorded on the lease intangible assets	($407)	$418	$65
Leasing Commissions
Finite-Lived Intangible Assets [Line Items]
Amortization expense recorded on the lease intangible assets	23,200	23,400	19,800
Above Market Leases
Finite-Lived Intangible Assets [Line Items]
Amortization expense recorded on the lease intangible assets	$4,400	$4,600	$3,400

Lease_Intangible_Liabilities_N2

Lease Intangible Liabilities Net (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Lease Intangible Liabilities, Net [Line Items]
Below-market leases, net of accumulated amortization of $11.0 million and $7.9 million as of December 31, 2014 and 2013, respectively (with a weighted average remaining life of 116 and 123 months as of December 31, 2014 and 2013, respectively)	$42,470	$28,114

Lease_Intangible_Liabilities_N3

Lease Intangible Liabilities Net (Parenthetical) (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Lease Intangible Liabilities, Net [Line Items]
Accumulated amortization of lease intangible liabilities	$11	$7.90
Weighted average remaining life of lease intangible liabilities (in months)	116 months	123 months

Lease_Intangible_Liabilities_N4

Lease Intangible Liabilities Net - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Schedule of Lease Intangible Assets, Net [Line Items]
Amortization of lease intangible liabilities	$4.80	$4.20	$3.40

Estimated_Amortization_of_Leas1

Estimated Amortization of Lease Intangible Liabilities (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Below Market Lease, Net, Amortization Income, Fiscal Year Maturity [Abstract]
2015	$6,333
2016	5,357
2017	4,958
2018	4,536
2019	3,993
Thereafter	17,293
Total	$42,470

Variable_Interest_Entities_Add

Variable Interest Entities - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
	sqft
Variable Interest Entity [Line Items]
Joint venture ownership percentage	50.00%
Gross leaseable area	171,670
Total carrying amount of assets	$39.80	$15.50
Real estate assets	37.1	13.3
Total carrying amount of liabilities	$37.90	$14.30
West Broad Marketplace
Variable Interest Entity [Line Items]
Joint venture ownership percentage	80.00%
Gross leaseable area	405,000

Mortgage_Loan_and_Note_Receiva1

Mortgage Loan and Note Receivable - Additional Information (Detail) (USD $)	1 Months Ended		12 Months Ended
	Aug. 31, 2014	Jun. 30, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amount of note receivable to an affiliate		$750,000
Interest rate for the note receivable		10.00%
Redemption of third party interest Agreed payment	2,000,000
Cash payment for property	1,100,000		35,497,000	23,119,000	9,101,000
Construction in progress
Accounts, Notes, Loans and Financing Receivable [Line Items]
Cash payment for property	1,100,000
Notes Receivable Net Of Accrued Interest | Construction in progress
Accounts, Notes, Loans and Financing Receivable [Line Items]
Conversion of note receivable	750,000
Accrued Interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Conversion of note receivable	$160,000

Mortgages_Payable_Net_Detail

Mortgages Payable Net (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Debt Instrument [Line Items]
Mortgage notes payable, net	$192,748		$251,191
Excel Trust, L.P.
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	190,329		249,894
Plus: (discount)/premium	2,419	[1]	1,297	[1]
Mortgage notes payable, net	192,748		251,191
Contractual Interest Rate	1.32%
Effective Interest Rate	0.05%		0.10%
Excel Trust, L.P. | Living Spaces-Promenade
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	6,667		7,075
Contractual Interest Rate	7.88%
Effective Interest Rate	4.59%
Monthly Payment	80	[2]
Maturity Date	2019-11
Excel Trust, L.P. | Edwards Theatres
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes			11,520
Excel Trust, L.P. | Red Rock Commons
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes			13,970
Excel Trust, L.P. | Excel Centre
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes			12,018
Excel Trust, L.P. | Merchant Central
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes			4,370
Excel Trust, L.P. | Gilroy Crossing
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes			45,836
Excel Trust, L.P. | The Promenade
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	46,125		47,957
Contractual Interest Rate	4.80%
Effective Interest Rate	4.80%
Monthly Payment	344	[2]
Maturity Date	2015-10
Excel Trust, L.P. | 5000 South Hulen
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	13,174		13,421
Contractual Interest Rate	5.60%
Effective Interest Rate	6.90%
Monthly Payment	83	[2]
Maturity Date	2017-04
Excel Trust, L.P. | Lake Pleasant Pavilion
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	27,513		27,855
Contractual Interest Rate	6.09%
Effective Interest Rate	5.00%
Monthly Payment	143	[2]
Maturity Date	2017-10
Excel Trust, L.P. | West Broad Marketplace
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	1,772	[3]
Contractual Interest Rate	2.49%	[3]
Effective Interest Rate	2.49%	[3]
Monthly Payment	2	[2],[3]
Maturity Date	2018-01	[3]
Excel Trust, L.P. | Rite Aid - Vestavia Hills
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	833		1,015
Contractual Interest Rate	7.25%
Effective Interest Rate	7.25%
Monthly Payment	21	[2]
Maturity Date	2018-10
Excel Trust, L.P. | West Broad Village
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	39,700		39,700
Contractual Interest Rate	3.33%
Effective Interest Rate	3.33%
Monthly Payment	110	[2]
Maturity Date	2020-05
Excel Trust, L.P. | Downtown At The Gardens
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	42,545
Contractual Interest Rate	4.60%
Effective Interest Rate	4.00%
Monthly Payment	253	[2]
Maturity Date	2022-06
Excel Trust, L.P. | Lowe's, Shippensburg
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes			13,157
Excel Trust, L.P. | Northside Mall
Debt Instrument [Line Items]
Carrying Amount of Mortgage Notes	12,000	[4]	12,000	[4]
Contractual Interest Rate	0.05%	[4]
Effective Interest Rate	1.05%	[4]
Monthly Payment	$1	[2],[4]
Maturity Date	2035-11	[4]
[1]	Represents (a) the fair value adjustment on assumed debt on acquired properties at the time of acquisition to account for below- or above-market interest rates and (b) an underwriter's discount for the issuance of redevelopment bonds.
[2]	Amount represents the monthly payment of principal and interest at December 31, 2014.
[3]	In December 2014, the Company entered into a $58.0 million construction loan in connection with its acquisition of a developable land parcel at the West Broad Marketplace property. The maturity date of the construction loan is January 2018, but may be extended for an additional two one-year periods through January 2020 upon the payment of an extension fee. As of December 31, 2014, the construction loan bore interest at the rate of LIBOR plus a margin of 230 basis points (variable interest rate of 2.49% at December 31, 2014).
[4]	The debt represents redevelopment revenue bonds to be used for the redevelopment of this property, which mature in November 2035. Interest is reset weekly and determined by the bond remarketing agent based on the market value of the bonds (interest rate of 0.05% at December 31, 2014 and 0.10% at December 31, 2013). The interest rate on the bonds is currently priced off of the Securities Industry and Financial Markets Association Index but could change based on the credit of the bonds. The bonds are secured by a $12.1 million letter of credit issued by the Company from the Company's unsecured revolving credit facility. An underwriter's discount related to the original issuance of the bonds with a remaining balance of $100,000 and $105,000 at December 31, 2014 and 2013, respectively, is being amortized as additional interest expense through November 2035.

Mortgages_Payable_Net_Parenthe

Mortgages Payable Net (Parenthetical) (Detail) (Excel Trust, L.P., USD $)	0 Months Ended	12 Months Ended
	Dec. 18, 2014	Dec. 31, 2014		Dec. 31, 2013
Debt Instrument [Line Items]
Maturity date	30-Jun-15	6-Apr-18
Market value of bonds interest rate		0.05%		0.10%
Letter of credit issued under revolving credit facility		$12,100,000
Underwriter's discount related to original issuance of the bonds		100,000		105,000
West Broad Marketplace
Debt Instrument [Line Items]
Construction Loan		$58,000,000
Maturity date		31-Jan-20
Loan maturity period additional extension period		An additional two one-year periods
Loan bears interest rate of LIBOR plus		2.49%
Market value of bonds interest rate		2.49%	[1]
West Broad Marketplace | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Loan bears interest rate of LIBOR plus		2.30%
Redevelopment revenue bonds
Debt Instrument [Line Items]
Maturity date		30-Nov-35
[1]	In December 2014, the Company entered into a $58.0 million construction loan in connection with its acquisition of a developable land parcel at the West Broad Marketplace property. The maturity date of the construction loan is January 2018, but may be extended for an additional two one-year periods through January 2020 upon the payment of an extension fee. As of December 31, 2014, the construction loan bore interest at the rate of LIBOR plus a margin of 230 basis points (variable interest rate of 2.49% at December 31, 2014).

Debt_of_the_Operating_Partners

Debt of the Operating Partnership - Additional Information (Detail) (USD $)	0 Months Ended	12 Months Ended	0 Months Ended	12 Months Ended
	12-May-14	Dec. 31, 2014	Dec. 18, 2014	Dec. 31, 2013	Dec. 31, 2012
Two Thousand Twenty Four Senior Notes
Line of Credit Facility [Line Items]
Maturity date	15-May-24
Debt instrument stated percentage		4.63%
Aggregate principal amount of senior unsecured notes	$250,000,000
Percentage of debt issuance of the principal amount		99.48%
Yield percentage senior unsecured notes		4.69%
Interest payable description senior unsecured notes		Interest is payable on May 15 and November 15 of each year beginning November 15, 2014 until the maturity date of May 15, 2024
Minimum | Two Thousand Twenty Four Senior Notes
Line of Credit Facility [Line Items]
Redemption price percentage of senior unsecured notes		100.00%
Excel Trust, L.P.
Line of Credit Facility [Line Items]
Total interest cost capitalized		1,400,000		142,000	243,000
Increase in borrowings under the credit facility			50,000,000
Maturity date		6-Apr-18	30-Jun-15
Debt instrument stated percentage		1.32%
Letter of credit from the unsecured revolving credit facility		12,100,000
Carrying Amount of Debt Instrument		190,329,000		249,894,000
Aggregate principal amount of senior unsecured notes		100,000,000
Excel Trust, L.P. | Two Thousand Twenty Four Senior Notes
Line of Credit Facility [Line Items]
Aggregate principal amount of senior unsecured notes		250,000,000
Excel Trust, L.P. | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Revolving credit facility bears interest		1.30%	1.15%
Excel Trust, L.P. | Minimum | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Revolving credit facility bears interest		0.90%
Excel Trust, L.P. | Maximum | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Revolving credit facility bears interest		1.70%
Excel Trust, L.P. | Series A Senior Notes
Line of Credit Facility [Line Items]
Aggregate principal amount of senior unsecured notes		75,000,000
Debt maturity date		2020-11
Debt fixed interest rate		4.40%
Excel Trust, L.P. | Series B Senior Notes
Line of Credit Facility [Line Items]
Aggregate principal amount of senior unsecured notes		25,000,000
Debt maturity date		2023-11
Debt fixed interest rate		5.19%
Excel Trust, L.P. | Credit Agreement
Line of Credit Facility [Line Items]
Increase in borrowings under the credit facility		300,000,000
Revolving credit facility, covenants requiring the maintenance		(1) maximum leverage ratios on unsecured, secured and overall debt and (2) minimum fixed coverage ratios.
Borrowings from revolving credit facility		238,000,000		179,500,000
Revolving credit facility, weighted-average interest rate		1.47%		1.67%
Letter of credit from the unsecured revolving credit facility		16,900,000
Carrying Amount of Debt Instrument		12,000,000
Available for borrowing under the unsecured revolving credit facility		45,100,000
Excel Trust, L.P. | Credit Agreement | Scenario, Adjustment
Line of Credit Facility [Line Items]
Increase in borrowings under the credit facility		500,000,000
Increase in additional borrowings under revolving credit facility		200,000,000
Excel Trust, L.P. | 2013 Amendment | Minimum
Line of Credit Facility [Line Items]
Percentage of unused fee		0.25%
Excel Trust, L.P. | 2013 Amendment | Maximum
Line of Credit Facility [Line Items]
Percentage of unused fee		0.30%

Mortgage_Debt_Maturities_Detai

Mortgage Debt Maturities (Detail) (Excel Trust, L.P., USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Excel Trust, L.P.
Debt Instrument [Line Items]
2015	$48,606
2016	3,070
2017	42,192
2018	4,722
2019	6,390
Thereafter	85,349
Long-term Debt, Gross	$190,329	$249,894

Carrying_Value_of_Unsecured_No

Carrying Value of Unsecured Notes (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013	12-May-14
In Thousands, unless otherwise specified
Debt Instrument [Line Items]
Carrying value	$398,758	$100,000
Two Thousand Twenty Four Senior Notes
Debt Instrument [Line Items]
Principal amount			250,000
Excel Trust, L.P.
Debt Instrument [Line Items]
Principal amount	100,000
Carrying value	398,758	100,000
Excel Trust, L.P. | Two Thousand Twenty Four Senior Notes
Debt Instrument [Line Items]
Principal amount	250,000
Unamortized debt discount	-1,242
Carrying value	$248,758

Earnings_Per_Share_of_the_Pare2

Earnings Per Share of the Parent Company - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
7.00% Series A cumulative convertible perpetual preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	2,979,720	3,347,661	3,333,400
Dividend rate on preferred Series A stock	7.00%	7.00%	7.00%
Unvested Restricted Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	601,366	669,587	701,396
Contingently Issuable Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share			72,944
Operating Partnership Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	1,019,523	1,197,553	1,231,496

Computation_of_Basic_and_Dilut

Computation of Basic and Diluted Earnings Per Share (Parent Company) (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Basic earnings per Share:
Income (loss) from continuing operations					$2,394	$1,520	$3,427	$219	$9,092	$7,573	$1,710
Preferred dividends									-10,380	-10,976	-10,353
Cost of redemption of preferred stock	-210	-1,477							-1,687
Allocation to participating securities									-299	-419	-456
Income from continuing operations attributable to non-controlling interests									-340	-531	-340
Loss from continuing operations applicable to the common stockholders									-3,614	-4,353	-9,439
Net income (loss) attributable to the common stockholders	903	-2,830	-839	-549	-366	10,739	623	-2,448	-3,315	8,548	-8,490
Allocation to participating securities									-299	-419	-456
Net income (loss) applicable to the common stockholders									($3,614)	$8,129	($8,946)
Weighted-average common shares outstanding:
Basic and diluted									54,340,537	46,925,760	34,680,877
Basic and diluted earnings per share:
Loss from continuing operations per share attributable to the common stockholders									($0.07)	($0.09)	($0.27)
Income from discontinued operations per share attributable to the common stockholders										$0.26	$0.01
Net income (loss) per share attributable to the common stockholders									($0.07)	$0.17	($0.26)

Earnings_Per_Unit_of_the_Opera

Earnings Per Unit of the Operating Partnership - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Unvested Restricted Shares
Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	601,366	669,587	701,396
Contingently Issuable Shares
Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share			72,944
Excel Trust, L.P.
Computation Of Earnings Per Share [Line Items]
Dividend rate on preferred Series A stock	7.00%	7.00%	7.00%
Excel Trust, L.P. | Unvested Restricted Shares
Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	601,366	669,587	701,396
Excel Trust, L.P. | Contingently Issuable Shares
Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share			72,944
Excel Trust, L.P. | 7.00% Series A cumulative convertible perpetual preferred units
Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	2,979,720	3,347,661	3,333,400

Computation_of_Basic_and_Dilut1

Computation of Basic and Diluted Earnings Per Share (Operating Partnership) (Detail) (USD $)	3 Months Ended						12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Basic earnings per unit:
Income (loss) from continuing operations			$2,394	$1,520	$3,427	$219	$9,092	$7,573	$1,710
Cost of redemption of preferred OP units	-210	-1,477					-1,687
Allocation to participating securities							-299	-419	-456
Income from continuing operations attributable to non-controlling interests							-340	-531	-340
Loss from continuing operations applicable to the common stockholders							-3,614	-4,353	-9,439
Allocation to participating securities							-299	-419	-456
Excel Trust, L.P.
Basic earnings per unit:
Income (loss) from continuing operations			2,394	1,520	3,427	219	9,092	7,573	1,710
Preferred distributions							-10,380	-10,976	-10,353
Cost of redemption of preferred OP units	-210	-1,477					-1,687
Allocation to participating securities							-299	-419	-456
Income from continuing operations attributable to non-controlling interests							-366	-335	-279
Loss from continuing operations applicable to the common stockholders							-3,640	-4,157	-9,378
Net income (loss) attributable to the unitholders							-3,341	8,781	-8,787
Allocation to participating securities							-299	-419	-456
Net income (loss) applicable to the unitholders							($3,640)	$8,362	($9,243)
Weighted-average common OP units outstanding:
Basic and diluted							55,495,318	48,123,312	35,912,370
Basic and diluted earnings per unit:
Loss from continuing operations per unit attributable to the unitholders							($0.07)	($0.09)	($0.26)
Income from discontinued operations per unit attributable to the unitholders								$0.26
Net income (loss) per unit attributable to the unitholders							($0.07)	$0.17	($0.26)

Derivatives_and_Hedging_Activi2

Derivatives and Hedging Activities - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2010
				Derivative
Derivative [Line Items]
Derivative financial instruments outstanding		$0
Earnings attributable to hedge ineffectiveness	0	0	0
Interest Rate Swaps
Derivative [Line Items]
Notional value of two pay-fixed interest rate swaps				$55,800,000
Weighted average interest rate				1.41%
Number of derivative instruments				2

Companys_Derivative_Financial_

Company's Derivative Financial Instruments on Consolidated Statements of Operations (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Derivative [Line Items]
Amount of unrealized loss (loss) recognized in OCI (effective portion)	($19)	($305)
Amount of loss reclassified from accumulated OCI into income (effective portion)	-639	-649
Amount of gain (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing)	230	1,530
Interest Rate Swaps
Derivative [Line Items]
Amount of unrealized loss (loss) recognized in OCI (effective portion)	-19	-305
Interest Rate Swaps | Interest Expense
Derivative [Line Items]
Amount of loss reclassified from accumulated OCI into income (effective portion)	-639	-649
Other derivatives instrument | changes in fair value of financial instruments and gain on OP unit redemption
Derivative [Line Items]
Amount of gain (loss) recognized in income (ineffective portion and amount excluded from effectiveness testing)	$230	$1,530

Equity_of_the_Parent_Company_A

Equity of the Parent Company - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended		12 Months Ended			0 Months Ended	1 Months Ended
	Jun. 25, 2014	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Feb. 26, 2015	Mar. 31, 2012	Sep. 26, 2013	Feb. 28, 2014
				Person
Equity [Line Items]
Issuance of restricted common stock awards, shares				1,324,509
Preferred stock conversion rate		1.6667		1.6667					1.6836
Preferred stock conversion price per share, initial				$0.15
Closing price of common stock as minimum percentage of conversion price for conversion of preferred stock				140.00%
Minimum trading days for calculating closing price of common stock				20 days
Number of consecutive trading days				30 days
Stock repurchase program, authorized amount					$30,000,000
Stock repurchase program, stock reacquired and retired				105,775	0
Stock repurchase program, remaining amount		20,900,000		20,900,000
Stock repurchase program, stock reacquired and retired cost				1,400,000
Stock repurchase program, common stock reacquired Weighted Average Price				$12.52
Cost of redemption of preferred stock		210,000	1,477,000	1,687,000
Initial public offering shares	12,650,000			0
Net proceeds of Equity Distribution Agreements					40,700,000
Average stock issuance of Equity Distribution Agreements					$13.05
Number of sales agents				4
Operating partnership, units exchanged	12,650,000				3,211,928
Amount contributed to operating Partnership in exchange for OP units					40,700,000
Exercise of options, shares	1,650,000
Proceeds from issuance of common stock	160,500,000
Maximum number of shares issued under equity incentive award plan		2,850,000		2,850,000
Compensation expense recognized related to restricted common stock grants				4,600,000	2,300,000	3,200,000
Estimated forfeitures					0
Unrecognized compensation expense		5,100,000		5,100,000	1,600,000
Unrecognized compensation expense, weighted-average				1 year 9 months 18 days	1 year 1 month 6 days
Settled interest related to development project		2,000,000		2,000,000
Profit participation interests				2,900,000
Costs related to the matching portion				160,000	150,000	119,000
Subsequent Event
Equity [Line Items]
Initial public offering shares							2,227,456
Contingently Issuable Shares
Equity [Line Items]
Common stock available for issuance		1,525,491		1,525,491
Equity Distribution Agreements | Subsequent Event
Equity [Line Items]
Stock repurchase program, remaining amount							64,400,000
Net proceeds of Equity Distribution Agreements							30,200,000
Average stock issuance of Equity Distribution Agreements							13.75
Operating partnership, units exchanged							2,227,456
Amount contributed to operating Partnership in exchange for OP units							30,200,000
Maximum
Equity [Line Items]
Stock repurchase program, authorized amount										50,000,000
Discount rate				14.60%
Terminal capitalization rates				8.25%
Minimum
Equity [Line Items]
Discount rate				14.10%
Terminal capitalization rates				7.85%
Amended And Restated | Maximum
Equity [Line Items]
Common stock offering price					100,000,000			50,000,000
7.00% Series A cumulative convertible perpetual preferred stock
Equity [Line Items]
Preferred stock dividend rate percentage				7.00%	7.00%	7.00%
Preferred stock, liquidation preference per share		$25		$25	$25
Annual dividend on preferred stock				$1.75
Outstanding shares		1,180,975		1,180,975	2,000,000
Stock repurchase program, stock reacquired and retired				819,025
Stock repurchase program, stock reacquired and retired cost				21,200,000
Stock repurchase program, common stock reacquired Weighted Average Price				$25.68
8.125% Series B cumulative redeemable preferred stock
Equity [Line Items]
Preferred stock dividend rate percentage				8.13%
Preferred stock, liquidation preference per share		$25		$25	$25
Annual dividend on preferred stock				$2.03
Outstanding shares		3,680,000		3,680,000	3,680,000
Series B preferred stock redeemable price on and after January 31, 2017		$25		$25
Number of days to redeem the Series B preferred stock, in whole or in part				120 days
Common Stock
Equity [Line Items]
Issuance of restricted common stock awards, shares				657,646	36,088	18,356
Forfeitures of restricted common stock awards, shares				469,864
Initial public offering shares				12,650,000	3,211,928	10,857,051
Accrued dividend payable		10,700,000		10,700,000
Preferred Stock
Equity [Line Items]
Accrued dividend payable		2,400,000		2,400,000
Operating Partnership Units
Equity [Line Items]
Accrued dividend payable		$178,000		$178,000
Hundred Percentage Employee Deferrals
Equity [Line Items]
Company matching contributions Percentage				100.00%
Eligible Compensation Percentage				3.00%
Fifty Percentage Employee Deferrals
Equity [Line Items]
Company matching contributions Percentage				50.00%
Eligible Compensation Percentage				2.00%
Cumulative for Prior Year | Common Stock
Equity [Line Items]
Forfeitures of restricted common stock awards, shares				492,864

Shares_of_Restricted_Common_St

Shares of Restricted Common Stock (Detail) (USD $)	0 Months Ended								12 Months Ended
	13-May-14		Mar. 24, 2014		Mar. 18, 2014		Mar. 07, 2014		Dec. 31, 2014
Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price at Grant Date	$12.89	[1]	$12.56	[2]	$12.80	[3]
Number	12,412	[1]	83,500	[2]	558,331	[3]
Vesting Period (yrs.)	1 year	[1]	3 years	[2]	1 year	[3]
Other Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Period (yrs.)					3 years	[3]
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price at Grant Date							$12.57	[4]	$12.77
Number							4,000	[4]	658,243
Vesting Period (yrs.)			3 years				4 years	[4]
[1]	Shares issued to members of the Company's board of directors. These shares vest in equal quarterly installments.
[2]	Shares issued to certain of the Company's employees. These shares vest over a three-year period with 33% vesting in equal annual installments on December 31, 2014, 2015 and 2016.
[3]	Shares issued to senior management and other employees of the Company. A portion of the stock grants (452,500 shares of restricted common stock) vest over a three-year period and include performance or service conditions. The remaining stock grants (105,831 shares of restricted common stock) include a variety of performance and market conditions, with the restricted shares vesting on December 31, 2014 based on the achievement of the Company's objectives during the year ended December 31, 2014.
[4]	Shares issued to certain of the Company's employees. These shares vest over four years with 25% vesting on the first anniversary of the grant date and the remainder vesting in equal quarterly installments thereafter.

Shares_of_Restricted_Common_St1

Shares of Restricted Common Stock (Parenthetical) (Detail)	0 Months Ended								12 Months Ended
	13-May-14		Mar. 24, 2014		Mar. 18, 2014		Mar. 07, 2014		Dec. 31, 2014
Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Award Plan shares vesting period	1 year	[1]	3 years	[2]	1 year	[3]
Equity Incentive Award Plan, number of stock grants	12,412	[1]	83,500	[2]	558,331	[3]
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Award Plan shares vesting period			3 years				4 years	[4]
Vesting percentage			33.00%				25.00%
Equity Incentive Award Plan, number of stock grants							4,000	[4]	658,243
Performance or Service Conditions Based Awards | Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Award Plan shares vesting period					3 years
Equity Incentive Award Plan, number of stock grants					452,500
Stock Options That Contain Performance And Market Based Conditions | Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Award Plan, number of stock grants					105,831
Equity Incentive Award Plan, vesting date					31-Dec-14
[1]	Shares issued to members of the Company's board of directors. These shares vest in equal quarterly installments.
[2]	Shares issued to certain of the Company's employees. These shares vest over a three-year period with 33% vesting in equal annual installments on December 31, 2014, 2015 and 2016.
[3]	Shares issued to senior management and other employees of the Company. A portion of the stock grants (452,500 shares of restricted common stock) vest over a three-year period and include performance or service conditions. The remaining stock grants (105,831 shares of restricted common stock) include a variety of performance and market conditions, with the restricted shares vesting on December 31, 2014 based on the achievement of the Company's objectives during the year ended December 31, 2014.
[4]	Shares issued to certain of the Company's employees. These shares vest over four years with 25% vesting on the first anniversary of the grant date and the remainder vesting in equal quarterly installments thereafter.

NonVested_Shares_of_Companys_R

Non-Vested Shares of Companys Restricted Common Stock (Detail) (Restricted Stock, USD $)	0 Months Ended		12 Months Ended
	Mar. 07, 2014		Dec. 31, 2014
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Unvested Shares of Restricted Common Stock, Beginning Balance			611,683
Number of Unvested Shares of Restricted Common Stock, Grants	4,000	[1]	658,243
Number of Unvested Shares of Restricted Common Stock, Forfeitures/Expirations			-469,864
Number of Unvested Shares of Restricted Common Stock, Vested			-372,482
Number of Unvested Shares of Restricted Common Stock, Ending Balance			427,580	[2]
Weighted Average Grant Date Fair Value, Beginning Balance			$9.73
Weighted Average Grant Date Fair Value, Grants	$12.57	[1]	$12.77
Weighted Average Grant Date Fair Value, Forfeitures/Expirations			$8.90
Weighted Average Grant Date Fair Value, Vested			$12.69
Weighted Average Grant Date Fair Value, Ending Balance			$12.75	[2]
[1]	Shares issued to certain of the Company's employees. These shares vest over four years with 25% vesting on the first anniversary of the grant date and the remainder vesting in equal quarterly installments thereafter.
[2]	During the year ended December 31, 2014, 597 shares of common stock were surrendered to the Parent Company and subsequently retired in lieu of cash payments for taxes due on the vesting of restricted stock. The forfeiture of these shares is reflected in the accompanying consolidated statements of equity and capital as a decrease of the total restricted common shares issued during each period presented.

NonVested_Shares_of_Companys_R1

Non-Vested Shares of Companys Restricted Common Stock (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock retired during the period	105,775	0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock retired during the period	597

Equity_of_the_Operating_Partne2

Equity of the Operating Partnership - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended		12 Months Ended		0 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 25, 2014	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Feb. 26, 2015	Dec. 31, 2012
Equity [Line Items]
Number of OP units repurchased				105,775	0
Number of OP units repurchased, aggregate cost				$1,400
Number of OP units repurchased, weighted average purchase price				$12.52
Cost of redemption of preferred stock		210	1,477	1,687
Number of OP units repurchased, weighted average purchase price		$12.52		$12.52
Initial public offering shares	12,650,000			0
Subsequent Event
Equity [Line Items]
Initial public offering shares						2,227,456
7.00% Series A cumulative convertible perpetual preferred units
Equity [Line Items]
Number of OP units repurchased				819,025
Number of OP units repurchased, aggregate cost				21,200
Number of OP units repurchased, weighted average purchase price				$25.68
Cost of redemption of preferred stock				1,700
Excel Trust, L.P.
Equity [Line Items]
Operating Partnership, outstanding units		62,132,895		62,132,895
Cost of redemption of preferred stock		210	1,477	1,687
Operating partnership, units issued							0
Operating partnership, net proceeds from units issued				160,491	41,043		125,683
Excel Trust, L.P. | 7.00% Series A cumulative convertible perpetual preferred units
Equity [Line Items]
Preferred units, units outstanding		1,180,975		1,180,975	2,000,000
Preferred units dividend rate percentage		7.00%		7.00%	7.00%
Excel Trust, L.P. | 8.125% Series B cumulative redeemable preferred units
Equity [Line Items]
Preferred units, units outstanding		3,680,000		3,680,000	3,680,000
Preferred units dividend rate percentage		8.13%		8.13%	8.13%
Excel Trust, L.P. | General Partner's Capital
Equity [Line Items]
Operating partnership, units issued	12,650,000				3,211,928		0
Operating partnership, net proceeds from units issued	160,500				40,700
Initial public offering shares				12,650,000	3,211,928		10,857,051
Excel Trust, L.P. | General Partner's Capital | Subsequent Event
Equity [Line Items]
Operating partnership, units issued						2,227,456
Operating partnership, net proceeds from units issued						30,200
Excel Trust, L.P. | Excel Trust, Inc.
Equity [Line Items]
Percentage of ownership interest				98.30%

Vested_Ownership_Interests_in_

Vested Ownership Interests in Operating Partnership (Detail)	Dec. 31, 2014	Dec. 31, 2013
Equity [Line Items]
OP Units	61,705,315	48,789,205
Percentage of Total	100.00%	100.00%
Noncontrolling Interests
Equity [Line Items]
OP Units	1,019,523	1,019,523
Percentage of Total	1.70%	2.10%
Excel Trust, Inc.
Equity [Line Items]
OP Units	60,685,792	47,769,682
Percentage of Total	98.30%	97.90%

Discontinued_Operations_Additi

Discontinued Operations - Additional Information (Detail) (USD $)	0 Months Ended
In Thousands, unless otherwise specified	Jul. 19, 2013	Sep. 13, 2013	Dec. 31, 2013
			Property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties			2
Walgreens North Corbin
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price	$4,500
Grant Creek Town Center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price		$32,300

Properties_Sold_as_Portfolio_D

Properties Sold as Portfolio (Detail) (USD $)	12 Months Ended	0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Jul. 19, 2013	Sep. 13, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on Sale	$12,055
Walgreens North Corbin
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price		4,500
Grant Creek Town Center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price			32,300
Retail Properties | Walgreens North Corbin
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price	4,514
Gain on Sale	1,129
Date of Sale	19-Jul-13
Acquisition Date	24-May-10
Retail Properties | Grant Creek Town Center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price	32,343
Gain on Sale	$10,926
Date of Sale	13-Sep-13
Acquisition Date	27-Aug-10

Revenue_and_Expense_from_Disco

Revenue and Expense from Discontinued Operations (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income before non-controlling interests and gain on sale of real estate assets from discontinued operations	$464		$135
Gain on sale of real estate assets from discontinued operations	12,055
Retail Property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenues	1,805		2,723
Total expenses	1,341		2,588
Income before non-controlling interests and gain on sale of real estate assets from discontinued operations	464		135
Gain on sale of real estate assets from discontinued operations	12,055
Non-controlling interest in discontinued operations	-37	[1]	358	[1]
Income from discontinued operations available to the common stockholders	$12,482		$493
[1]	Amounts represent the portion of non-controlling interest related to OP units not held by the Parent Company that would be attributable to discontinued operations (no amounts would be allocable with respect to the consolidated financial statements of the Operating Partnership).

Investment_in_Unconsolidated_E2

Investment in Unconsolidated Entities - Additional Information (Detail) (USD $)	0 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Oct. 09, 2014	Dec. 31, 2014		Dec. 31, 2013
Investments in and Advances to Affiliates [Line Items]
Gain on sale of investment in unconsolidated properties	$2.10
Excel Trust, Inc.
Investments in and Advances to Affiliates [Line Items]
Ownership interests percentage holding by GEM Reality Capital Inc		98.30%		97.90%
La Costa LLC
Investments in and Advances to Affiliates [Line Items]
Ownership interests percentage holding by company		20.00%
Ownership interests percentage holding by GEM Reality Capital Inc		80.00%
Sales price	31.6
La Costa LLC | Excel Trust, Inc.
Investments in and Advances to Affiliates [Line Items]
Sales price	$6.30
Bay Hill Property
Investments in and Advances to Affiliates [Line Items]
Ownership interests percentage holding by company		50.00%	[1]
Bay Hill Property | Retail Space
Investments in and Advances to Affiliates [Line Items]
Ownership interests percentage holding by company		50.00%
Investment in unconsolidated entity, percentage of cash flow distribution entitled to receive		50.00%
Investment in unconsolidated entity, percentage of results of operations entitled to recognize		50.00%
Remaining interest owned by third party		50.00%
[1]	At December 31, 2014, Bay Hill had real estate assets of $36.4 million, total assets of $39.4 million, mortgages payable of $24.0 million and total liabilities of $25.8 million. At December 31, 2013, Bay Hill had real estate assets of $37.0 million, total assets of $39.9 million, mortgages payable of $23.4 million and total liabilities of $25.6 million. Total revenues were $4.0 million, $3.8 million and $682,000, total expenses were $2.8 million, $3.3 million and $800,000 (including interest expense) and net income (loss) was $1.2 million, $489,000 and ($118,000) for the years ended December 31, 2014, 2013 and 2012, respectively. The outstanding mortgage note was refinanced in October 2014 with a notional amount of $24.0 million, which bears interest at a fixed rate of 3.75%. The new mortgage note has a maturity date of November 1, 2021.

General_Information_on_Bay_Hil

General Information on Bay Hill (Detail) (Bay Hill Property, USD $)	12 Months Ended		1 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014		Oct. 31, 2014
Investments in and Advances to Affiliates [Line Items]
Ownership Interest	50.00%	[1]
Formation/ Acquisition Date	19-Oct-12	[1]
Property	The Fountains at Bay Hill	[1]
Refinanced Mortgage Loan
Investments in and Advances to Affiliates [Line Items]
Outstanding mortgage Refinanced, notional Amount			$24
Mortgage fixed interest rate			3.75%
Debt Instrument, Maturity Date			1-Nov-21
[1]	At December 31, 2014, Bay Hill had real estate assets of $36.4 million, total assets of $39.4 million, mortgages payable of $24.0 million and total liabilities of $25.8 million. At December 31, 2013, Bay Hill had real estate assets of $37.0 million, total assets of $39.9 million, mortgages payable of $23.4 million and total liabilities of $25.6 million. Total revenues were $4.0 million, $3.8 million and $682,000, total expenses were $2.8 million, $3.3 million and $800,000 (including interest expense) and net income (loss) was $1.2 million, $489,000 and ($118,000) for the years ended December 31, 2014, 2013 and 2012, respectively. The outstanding mortgage note was refinanced in October 2014 with a notional amount of $24.0 million, which bears interest at a fixed rate of 3.75%. The new mortgage note has a maturity date of November 1, 2021.

General_Information_on_Bay_Hil1

General Information on Bay Hill (Parenthetical) (Detail) (Bay Hill Property, USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Bay Hill Property
Investments in and Advances to Affiliates [Line Items]
Real estate assets	$36,400,000	$37,000,000
Total assets	39,400,000	39,900,000
Mortgages payable	24,000,000	23,400,000
Total liabilities	25,800,000	25,600,000
Total revenues	4,000,000	3,800,000	682,000
Total expenses	2,800,000	3,300,000	800,000
Net income (loss)	$1,200,000	$489,000	($118,000)

Related_Party_Transactions_Add

Related Party Transactions - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]
Reimbursement to the related party	$326,000	$333,000	$313,000

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (Minimum)	12 Months Ended
	Dec. 31, 2014
Minimum
Income Tax Disclosure [Line Items]
Percentage of REIT taxable income distributed to stockholders	90.00%

Income_Tax_Treatment_for_Divid

Income Tax Treatment for Dividends (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Dividends Per Share [Line Items]
Total	$0.70	$0.69	$0.65
Common Stock
Dividends Per Share [Line Items]
Ordinary income	$0.38	$0.37	$0.43
Capital gain	$0.10	$0.02
Return of capital	$0.22	$0.28	$0.22
Total	$0.70	$0.67	$0.65
Ordinary income	54.40%	55.50%	65.80%
Capital gain	14.70%	2.90%
Return of capital	30.90%	41.60%	34.20%
Total	100.00%	100.00%	100.00%
7.00% Series A cumulative convertible perpetual preferred stock
Dividends Per Share [Line Items]
Ordinary income	$1.38	$1.66	$1.75
Capital gain	$0.37	$0.09
Total	$1.75	$1.75	$1.75
Ordinary income	78.70%	95.00%	100.00%
Capital gain	21.30%	5.00%
Total	100.00%	100.00%	100.00%
8.125% Series B cumulative redeemable preferred stock
Dividends Per Share [Line Items]
Ordinary income	$1.60	$1.93	$1.44
Capital gain	$0.43	$0.10
Total	$2.03	$2.03	$1.44
Ordinary income	78.70%	95.00%	100.00%
Capital gain	21.30%	5.00%
Total	100.00%	100.00%	100.00%

Financial_Assets_and_Liabiliti

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) (USD $)	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other assets related to business combinations	$3,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in equity securities (see Note 2)		10,683
Total		10,683	507
Other assets related to business combinations			507	[1]
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in equity securities (see Note 2)		10,683
Total		10,683
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total			507
Other assets related to business combinations			$507	[1]
[1]	Amount reflects the fair value of funds expected to be received pursuant to master lease agreements executed in connection with the Promenade Corporate Center acquisition. The Company estimated the fair value of the asset based on its expectations of the probability of leasing or releasing spaces within the term of the master lease agreements and corresponding estimates for time required to lease, lease rates and funds required for tenant improvements and lease commissions. This amount was included in other assets in the accompanying consolidated balance sheets, with subsequent changes in the fair value of the asset recorded as a gain (loss) in earnings in the period in which the change occurs. The Company received final cash payments of $507,000 related to the master lease agreements in 2014.

Financial_Assets_and_Liabiliti1

Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Parenthetical) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Receipt of master lease payments	$507	$491

Reconciliation_of_Financial_In

Reconciliation of Financial Instruments Remeasured on Recurring Basis (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Contingent Consideration Related to Business Combinations
Financial Instruments Measured At Fair Value On Recurring Basis [Line Items]
Beginning balance			($1,787)	[1]
Total gains: Included in earnings			1,562	[1]
Purchases, issuances, or settlements			225	[1]
Derivative Instruments Related to Business Combinations
Financial Instruments Measured At Fair Value On Recurring Basis [Line Items]
Beginning balance			-274	[2]
Total gains: Included in earnings			246	[2]
Purchases, issuances, or settlements			28	[2]
Other Assets Related to Business Combinations
Financial Instruments Measured At Fair Value On Recurring Basis [Line Items]
Beginning balance	507	[3],[4]	992	[3]
Included in earnings			6	[3]
Purchases, issuances, or settlements	-507	[4]	-491	[3]
Ending balance			$507	[3],[4]
[1]	The change of $1.8 million for contingent consideration related to business combinations represents the reversal of a contingent liability related to the earn-out for one property as a result of a shortfall in expected leasing of vacant space at the property and a reduction in the contingent liability related to another property as a result of higher leasing costs than originally estimated (recognized as changes in fair value of contingent consideration in the consolidated statements of operations). Additional consideration in the amount of approximately $205,000 was paid to the former owner in October 2013.
[2]	(3) The change of $274,000 for derivative instruments related to business combinations for the year ended December 31, 2013 is related to changes to the redemption provision for OP units issued in connection with the 2011 Edwards Theatres acquisition as a result of (a) a decrease of $246,000 due to recognition of a gain included in earnings related to changes in the fair value of the redemption obligation and (b) a decrease of $28,000 due to the redemption of corresponding OP units.
[3]	The change of $485,000 for other assets related to business combinations during the year ended December 31, 2013 is comprised of payments received on the master lease assets of $491,000 and an increase in the estimated fair value of funds to be received from escrow of $6,000.
[4]	The change of $507,000 for other assets related to business combinations during the year ended December 31, 2014 is comprised of payments received on the master lease agreements.

Reconciliation_of_Financial_In1

Reconciliation of Financial Instruments Remeasured on Recurring Basis (Parenthetical) (Detail) (USD $)	1 Months Ended	12 Months Ended
	Oct. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Financial Instruments Measured At Fair Value On Recurring Basis [Line Items]
Change in other asset related to business combinations		$507,000	$485,000
Change in master lease asset			491,000
Increase in the estimated fair value of funds to be received from escrow			6,000
Change in contingent consideration			1,800,000
Consideration paid	205,000
Changes on derivative instruments related to business combination			274,000
Amount of gain included in earnings related to changes in fair value of derivative liability			246,000
Decrease due to redemption of OP units			$28,000

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financial assets:
Note receivable (Other Assets), Carrying Amount		$750
Note receivable (Other Assets), Fair Value		750
Financial liabilities:
Long term debt, Carrying Amount	192,748	251,191
Notes payable, Carrying Amount	238,000	179,500
Notes payable, Fair Value	235,940
Unsecured notes, carrying amount	398,758	100,000
Mortgage Notes Payable
Financial liabilities:
Long term debt, Carrying Amount	192,748	251,191
Debt, Fair Value	195,729	254,473
Unsecuritized Loans
Financial liabilities:
Debt, Fair Value	353,662	100,000
Unsecured notes, carrying amount	348,758	100,000
Term Loan
Financial liabilities:
Long term debt, Carrying Amount	50,000
Debt, Fair Value	$50,000

Segment_Disclosure_Additional_

Segment Disclosure - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2014
	Segment
Segment Reporting Information [Line Items]
Number of real estate property held by segment	3

Reconciliation_of_Companys_Seg

Reconciliation of Company's Segment Operations Activity (Detail) (USD $)	0 Months Ended	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Oct. 23, 2014	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenues										$130,323	$112,542	$84,421
Property operating expenses										-100,532	-86,499	-68,444
Property operating income, as defined		7,403	7,427	7,811	7,149					29,791	26,043	15,977
Changes in fair value of contingent consideration							10	1,558			1,568	281
General and administrative costs										-18,009	-13,871	-13,796
Depreciation and amortization										-50,661	-46,146	-34,800
Interest expense										-24,167	-18,944	-15,650
Interest income										240	204	173
Income (loss) from equity in unconsolidated entities		2,339	75	95	69	53	12	-65	39	2,578	40	-320
Changes in fair value of financial instruments and gain on OP unit redemption									230		230	1,530
Loss on extinguishment of debt from sale of real estate asset		-5,192								-5,192
Gain on sale of real estate assets	5,842	5,842								5,842
Income from continuing operations						2,394	1,520	3,427	219	9,092	7,573	1,710
Income from discontinued operations						63	12,319	45	105		12,519	135
Net income										9,092	20,092	1,845
Net (income) loss attributable to non-controlling interests										-340	-568	18
Net income (loss) attributable to Excel Trust, Inc.										8,752	19,524	1,863
Office Properties
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenues										9,205	8,610	8,522
Property operating expenses										-3,492	-3,456	-3,254
Property operating income, as defined										5,713	5,154	5,268
Changes in fair value of contingent consideration											6	281
General and administrative costs										-11	-28	-102
Depreciation and amortization										-3,566	-3,725	-3,748
Interest expense										-192	-772	-790
Interest income										1
Net income										1,945	635	909
Multi-family Property
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenues										5,420	5,413	1,074
Property operating expenses										-1,864	-1,834	-233
Property operating income, as defined										3,556	3,579	841
General and administrative costs										-50	-131	-135
Depreciation and amortization										-1,852	-2,760	-766
Net income										1,654	688	-60
Retail Properties
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenues										115,698	98,519	74,825
Property operating expenses										-26,506	-22,760	-16,642
Property operating income, as defined										89,192	75,759	58,183
Changes in fair value of contingent consideration											1,562
General and administrative costs										-17,948	-13,712	-13,559
Depreciation and amortization										-45,243	-39,661	-30,286
Interest expense										-23,975	-18,172	-14,860
Interest income										239	204	173
Income (loss) from equity in unconsolidated entities										2,578	40	-320
Changes in fair value of financial instruments and gain on OP unit redemption											230	1,530
Loss on extinguishment of debt from sale of real estate asset										-5,192
Gain on sale of real estate assets										5,842
Income from continuing operations										5,493	6,250	861
Income from discontinued operations											12,519	135
Net income										5,493	18,769	996
Total Reportable Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenues										130,323	112,542	84,421
Property operating expenses										-31,862	-28,050	-20,129
Property operating income, as defined										98,461	84,492	64,292
Changes in fair value of contingent consideration											1,568	281
General and administrative costs										-18,009	-13,871	-13,796
Depreciation and amortization										-50,661	-46,146	-34,800
Interest expense										-24,167	-18,944	-15,650
Interest income										240	204	173
Income (loss) from equity in unconsolidated entities										2,578	40	-320
Changes in fair value of financial instruments and gain on OP unit redemption											230	1,530
Loss on extinguishment of debt from sale of real estate asset										-5,192
Gain on sale of real estate assets										5,842
Income from continuing operations										9,092	7,573	1,710
Income from discontinued operations											12,519	135
Net income										9,092	20,092	1,845
Excel Trust, Inc.
Segment Reporting, Revenue Reconciling Item [Line Items]
Net income										9,092	20,092	1,845
Net (income) loss attributable to non-controlling interests										-340	-568	18
Net income (loss) attributable to Excel Trust, Inc.										8,752	19,524	1,863
Excel Trust, L.P.
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenues										130,323	112,542	84,421
Property operating expenses										-100,532	-86,499	-68,444
Property operating income, as defined		7,403	7,427	7,811	7,149					29,791	26,043	15,977
Changes in fair value of contingent consideration							10	1,558			1,568	281
General and administrative costs										-18,009	-13,871	-13,796
Depreciation and amortization										-50,661	-46,146	-34,800
Interest expense										-24,167	-18,944	-15,650
Interest income										240	204	173
Income (loss) from equity in unconsolidated entities		2,339	75	95	69	53	12	-65	39	2,578	40	-320
Changes in fair value of financial instruments and gain on OP unit redemption									230		230	1,530
Loss on extinguishment of debt from sale of real estate asset		-5,192								-5,192
Gain on sale of real estate assets		5,842								5,842
Income from continuing operations						2,394	1,520	3,427	219	9,092	7,573	1,710
Income from discontinued operations						63	12,319	45	105		12,519	135
Net income										9,092	20,092	1,845
Net (income) loss attributable to non-controlling interests										-366	-335	-279
Net income (loss) attributable to Excel Trust, Inc.										$8,726	$19,757	$1,566

Reconciliation_of_Companys_Seg1

Reconciliation of Company's Segment Financial Operations Activity (Detail) (USD $)	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$1,647,137	[1]	$1,218,821	[1]
Office Properties
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	62,747		67,273		70,473
Multi-family Property
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	68,982		70,732		72,627
Retail Properties
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	1,515,408		1,080,816		936,154
Total Reportable Segments & Consolidated Assets
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$1,647,137		$1,218,821		$1,079,254
[1]	Excel Trust Inc.'s consolidated total assets at December 31, 2014 and 2013 include $39,783 and $15,470, respectively, of assets (primarily real estate assets) of two variable interest entities ("VIEs") that can only be used to settle the liabilities of those VIEs.

Subsequent_Events_Additional_D

Subsequent Events - Additional Disclosure (Detail) (Subsequent Event, USD $)	0 Months Ended
In Millions, unless otherwise specified	Jan. 29, 2015	Jan. 30, 2015
Promenade Corporate Center
Subsequent Event [Line Items]
Proceeds from sale of the property	$65.50
The Family Center at Orem
Subsequent Event [Line Items]
Proceeds from sale of the property		$21.50

Quarterly_Result_Operations_De

Quarterly Result Operations (Detail) (USD $)	0 Months Ended	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 23, 2014	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information [Line Items]
Revenues		$38,864	$30,234	$30,630	$30,598	$29,805	$28,931	$27,463	$26,847
Operating income		7,403	7,427	7,811	7,149					29,791	26,043	15,977
Changes in fair value of contingent consideration							10	1,558			1,568	281
Income (loss) from equity in unconsolidated entities		2,339	75	95	69	53	12	-65	39	2,578	40	-320
Loss on extinguishment of debt from sale of real estate asset		-5,192								-5,192
Changes in fair value of financial instruments and gain on OP unit redemption									230		230	1,530
Gain on sale of real estate assets	5,842	5,842								5,842
Income from continuing operations						2,394	1,520	3,427	219	9,092	7,573	1,710
Cost of redemption of preferred stock		-210	-1,477							-1,687
Income from discontinued operations						63	12,319	45	105		12,519	135
Net (loss) income attributable to the common stockholders		903	-2,830	-839	-549	-366	10,739	623	-2,448	-3,315	8,548	-8,490
Net (loss) income per share-basic and diluted		$0.01	($0.05)	($0.02)	($0.01)	($0.01)	$0.22	$0.01	($0.06)	($0.07)	$0.17	($0.26)
Excel Trust, L.P.
Quarterly Financial Information [Line Items]
Revenues		38,864	30,234	30,630	30,598	29,805	28,931	27,463	26,847
Operating income		7,403	7,427	7,811	7,149					29,791	26,043	15,977
Changes in fair value of contingent consideration							10	1,558			1,568	281
Income (loss) from equity in unconsolidated entities		2,339	75	95	69	53	12	-65	39	2,578	40	-320
Loss on extinguishment of debt from sale of real estate asset		-5,192								-5,192
Changes in fair value of financial instruments and gain on OP unit redemption									230		230	1,530
Gain on sale of real estate assets		5,842								5,842
Income from continuing operations						2,394	1,520	3,427	219	9,092	7,573	1,710
Cost of redemption of preferred stock		-210	-1,477							-1,687
Income from discontinued operations						63	12,319	45	105		12,519	135
Net (loss) income attributable to the common stockholders		$924	($2,851)	($855)	($559)	($373)	$11,018	$643	($2,507)
Net (loss) income per share-basic and diluted		$0.01	($0.05)	($0.02)	($0.01)	($0.01)	$0.22	$0.01	($0.06)

Schedule_II_Valuation_and_Qual1

Schedule II - Valuation and Qualifying Accounts (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	$895	$719	$631
Charged to bad debt expense	598	1,100	690
Accounts receivable Written -off	-972	-924	-602
Accounts receivable assumed	0	0	0
Balance at end of year	$521	$895	$719

Schedule_III_Real_Estate_and_A1

Schedule III - Real Estate and Accumulated Depreciation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Real Estate Properties [Line Items]
Encumbrances	$190,329
Initial Cost, Land	455,413
Initial Cost, Building & Improvements	974,670
Cost Capitalized Subsequent to Acquisition, Land	-301
Cost Capitalized Subsequent to Acquisition, Building & Improvements	113,607
Carrying Amount as of the Close of Period, Land	455,112
Carrying Amount as of the Close of Period, Building & Improvements	1,088,277
Carrying Amount as of the Close of Period, TOTAL	1,543,389		1,147,565	981,128	602,253
Accumulated Depreciation	-90,543		-61,479	-36,765	-18,294
Total Cost Net of Depreciation	1,452,846
West Broad Village
Real Estate Properties [Line Items]
Encumbrances	39,700
Initial Cost, Land	24,543
Initial Cost, Building & Improvements	137,697
Cost Capitalized Subsequent to Acquisition, Building & Improvements	8,430
Carrying Amount as of the Close of Period, Land	24,543
Carrying Amount as of the Close of Period, Building & Improvements	146,127
Carrying Amount as of the Close of Period, TOTAL	170,670
Accumulated Depreciation	-8,783
Total Cost Net of Depreciation	161,887
Year Acquired	2012
Downtown At The Gardens
Real Estate Properties [Line Items]
Encumbrances	42,545
Initial Cost, Land	13,920
Initial Cost, Building & Improvements	91,241
Cost Capitalized Subsequent to Acquisition, Building & Improvements	1,048
Carrying Amount as of the Close of Period, Land	13,920
Carrying Amount as of the Close of Period, Building & Improvements	92,289
Carrying Amount as of the Close of Period, TOTAL	106,209
Accumulated Depreciation	-782
Total Cost Net of Depreciation	105,427
Year Acquired	2014
Shops at Fort Union
Real Estate Properties [Line Items]
Initial Cost, Land	24,270
Initial Cost, Building & Improvements	100,173
Carrying Amount as of the Close of Period, Land	24,270
Carrying Amount as of the Close of Period, Building & Improvements	100,173
Carrying Amount as of the Close of Period, TOTAL	124,443
Accumulated Depreciation	-888
Total Cost Net of Depreciation	123,555
Year Acquired	2014
The Promenade
Real Estate Properties [Line Items]
Encumbrances	52,792
Initial Cost, Land	65,699
Initial Cost, Building & Improvements	48,240
Cost Capitalized Subsequent to Acquisition, Building & Improvements	549
Carrying Amount as of the Close of Period, Land	65,699
Carrying Amount as of the Close of Period, Building & Improvements	48,789
Carrying Amount as of the Close of Period, TOTAL	114,488
Accumulated Depreciation	-6,411
Total Cost Net of Depreciation	108,077
Park West Place
Real Estate Properties [Line Items]
Initial Cost, Land	41,287
Initial Cost, Building & Improvements	37,991
Cost Capitalized Subsequent to Acquisition, Building & Improvements	1,797
Carrying Amount as of the Close of Period, Land	41,287
Carrying Amount as of the Close of Period, Building & Improvements	39,788
Carrying Amount as of the Close of Period, TOTAL	81,075
Accumulated Depreciation	-6,737
Total Cost Net of Depreciation	74,338
Year Acquired	2010
Gilroy Crossing
Real Estate Properties [Line Items]
Initial Cost, Land	22,520
Initial Cost, Building & Improvements	39,903
Cost Capitalized Subsequent to Acquisition, Building & Improvements	456
Carrying Amount as of the Close of Period, Land	22,520
Carrying Amount as of the Close of Period, Building & Improvements	40,359
Carrying Amount as of the Close of Period, TOTAL	62,879
Accumulated Depreciation	-5,782
Total Cost Net of Depreciation	57,097
Year Acquired	2011
Brandywine Crossing
Real Estate Properties [Line Items]
Initial Cost, Land	22,957	[1]
Initial Cost, Building & Improvements	26,460	[1]
Cost Capitalized Subsequent to Acquisition, Building & Improvements	889	[1]
Carrying Amount as of the Close of Period, Land	22,957	[1]
Carrying Amount as of the Close of Period, Building & Improvements	27,349	[1]
Carrying Amount as of the Close of Period, TOTAL	50,306	[1]
Accumulated Depreciation	-3,334	[1]
Total Cost Net of Depreciation	46,972	[1]
Promenade Corporate Center
Real Estate Properties [Line Items]
Initial Cost, Land	4,477
Initial Cost, Building & Improvements	44,465
Cost Capitalized Subsequent to Acquisition, Building & Improvements	2,478
Carrying Amount as of the Close of Period, Land	4,477
Carrying Amount as of the Close of Period, Building & Improvements	46,943
Carrying Amount as of the Close of Period, TOTAL	51,420
Accumulated Depreciation	-4,725
Total Cost Net of Depreciation	46,695
Year Acquired	2012
Highland Reserve
Real Estate Properties [Line Items]
Initial Cost, Land	8,750
Initial Cost, Building & Improvements	42,175
Carrying Amount as of the Close of Period, Land	8,750
Carrying Amount as of the Close of Period, Building & Improvements	42,175
Carrying Amount as of the Close of Period, TOTAL	50,925
Total Cost Net of Depreciation	50,925
Year Acquired	2014
Plaza at Rockwall
Real Estate Properties [Line Items]
Initial Cost, Land	14,935	[2]
Initial Cost, Building & Improvements	21,247	[2]
Cost Capitalized Subsequent to Acquisition, Land	-553	[2]
Cost Capitalized Subsequent to Acquisition, Building & Improvements	13,865	[2]
Carrying Amount as of the Close of Period, Land	14,382	[2]
Carrying Amount as of the Close of Period, Building & Improvements	35,112	[2]
Carrying Amount as of the Close of Period, TOTAL	49,494	[2]
Accumulated Depreciation	-5,522	[2]
Total Cost Net of Depreciation	43,972	[2]
Year Acquired	2010	[2]
Riverpoint Marketplace
Real Estate Properties [Line Items]
Initial Cost, Land	7,700
Initial Cost, Building & Improvements	33,024
Carrying Amount as of the Close of Period, Land	7,700
Carrying Amount as of the Close of Period, Building & Improvements	33,024
Carrying Amount as of the Close of Period, TOTAL	40,724
Total Cost Net of Depreciation	40,724
Year Acquired	2014
Lake Pleasant Pavilion
Real Estate Properties [Line Items]
Encumbrances	27,513
Initial Cost, Land	9,958
Initial Cost, Building & Improvements	28,127
Cost Capitalized Subsequent to Acquisition, Building & Improvements	174
Carrying Amount as of the Close of Period, Land	9,958
Carrying Amount as of the Close of Period, Building & Improvements	28,301
Carrying Amount as of the Close of Period, TOTAL	38,259
Accumulated Depreciation	-2,397
Total Cost Net of Depreciation	35,862
Year Acquired	2012
Stadium Center
Real Estate Properties [Line Items]
Initial Cost, Land	10,284	[2]
Initial Cost, Building & Improvements	28,872	[2]
Cost Capitalized Subsequent to Acquisition, Building & Improvements	33	[2]
Carrying Amount as of the Close of Period, Land	10,284	[2]
Carrying Amount as of the Close of Period, Building & Improvements	28,905	[2]
Carrying Amount as of the Close of Period, TOTAL	39,189	[2]
Accumulated Depreciation	-1,644	[2]
Total Cost Net of Depreciation	37,545	[2]
Year Acquired	2013	[2]
Dellagio
Real Estate Properties [Line Items]
Initial Cost, Land	16,780
Initial Cost, Building & Improvements	20,106
Cost Capitalized Subsequent to Acquisition, Land	675
Cost Capitalized Subsequent to Acquisition, Building & Improvements	60
Carrying Amount as of the Close of Period, Land	17,455
Carrying Amount as of the Close of Period, Building & Improvements	20,166
Carrying Amount as of the Close of Period, TOTAL	37,621
Accumulated Depreciation	-1,586
Total Cost Net of Depreciation	36,035
Year Acquired	2012
League City Town Center
Real Estate Properties [Line Items]
Initial Cost, Land	10,858
Initial Cost, Building & Improvements	24,767
Carrying Amount as of the Close of Period, Land	10,858
Carrying Amount as of the Close of Period, Building & Improvements	24,767
Carrying Amount as of the Close of Period, TOTAL	35,625
Accumulated Depreciation	-1,465
Total Cost Net of Depreciation	34,160
Year Acquired	2013
Rite Aid - Vestavia Hills
Real Estate Properties [Line Items]
Encumbrances	833
Initial Cost, Land	8,356
Initial Cost, Building & Improvements	20,429
Cost Capitalized Subsequent to Acquisition, Building & Improvements	3,797
Carrying Amount as of the Close of Period, Land	8,356
Carrying Amount as of the Close of Period, Building & Improvements	24,226
Carrying Amount as of the Close of Period, TOTAL	32,582
Accumulated Depreciation	-4,007
Total Cost Net of Depreciation	28,575
The Crossings of Spring Hill
Real Estate Properties [Line Items]
Initial Cost, Land	5,103
Initial Cost, Building & Improvements	23,196
Cost Capitalized Subsequent to Acquisition, Building & Improvements	115
Carrying Amount as of the Close of Period, Land	5,103
Carrying Amount as of the Close of Period, Building & Improvements	23,311
Carrying Amount as of the Close of Period, TOTAL	28,414
Accumulated Depreciation	-2,890
Total Cost Net of Depreciation	25,524
Year Acquired	2011
Tracy Pavilion
Real Estate Properties [Line Items]
Initial Cost, Land	6,193
Initial Cost, Building & Improvements	22,611
Cost Capitalized Subsequent to Acquisition, Building & Improvements	1,560
Carrying Amount as of the Close of Period, Land	6,193
Carrying Amount as of the Close of Period, Building & Improvements	24,171
Carrying Amount as of the Close of Period, TOTAL	30,364
Accumulated Depreciation	-1,725
Total Cost Net of Depreciation	28,639
Year Acquired	2013
Red Rock Commons
Real Estate Properties [Line Items]
Initial Cost, Land	10,823
Cost Capitalized Subsequent to Acquisition, Building & Improvements	21,004
Carrying Amount as of the Close of Period, Land	10,823
Carrying Amount as of the Close of Period, Building & Improvements	21,004
Carrying Amount as of the Close of Period, TOTAL	31,827
Accumulated Depreciation	-2,508
Total Cost Net of Depreciation	29,319
Year Acquired	2007
Edwards Theatres
Real Estate Properties [Line Items]
Initial Cost, Land	10,283
Initial Cost, Building & Improvements	13,600
Carrying Amount as of the Close of Period, Land	10,283
Carrying Amount as of the Close of Period, Building & Improvements	13,600
Carrying Amount as of the Close of Period, TOTAL	23,883
Accumulated Depreciation	-2,317
Total Cost Net of Depreciation	21,566
Year Acquired	2011
Rosewick Crossing
Real Estate Properties [Line Items]
Initial Cost, Land	12,024
Initial Cost, Building & Improvements	10,499
Cost Capitalized Subsequent to Acquisition, Building & Improvements	76
Carrying Amount as of the Close of Period, Land	12,024
Carrying Amount as of the Close of Period, Building & Improvements	10,575
Carrying Amount as of the Close of Period, TOTAL	22,599
Accumulated Depreciation	-2,012
Total Cost Net of Depreciation	20,587
Year Acquired	2010
EastChase Market Center
Real Estate Properties [Line Items]
Initial Cost, Land	4,215
Initial Cost, Building & Improvements	19,567
Cost Capitalized Subsequent to Acquisition, Building & Improvements	78
Carrying Amount as of the Close of Period, Land	4,215
Carrying Amount as of the Close of Period, Building & Improvements	19,645
Carrying Amount as of the Close of Period, TOTAL	23,860
Accumulated Depreciation	-2,182
Total Cost Net of Depreciation	21,678
Year Acquired	2012
Chimney Rock
Real Estate Properties [Line Items]
Initial Cost, Land	7,369	[2]
Initial Cost, Building & Improvements	14,627	[2]
Cost Capitalized Subsequent to Acquisition, Building & Improvements	11,666	[2]
Carrying Amount as of the Close of Period, Land	7,369	[2]
Carrying Amount as of the Close of Period, Building & Improvements	26,293	[2]
Carrying Amount as of the Close of Period, TOTAL	33,662	[2]
Accumulated Depreciation	-1,693	[2]
Total Cost Net of Depreciation	31,969	[2]
Year Acquired	2012	[2]
Excel Centre
Real Estate Properties [Line Items]
Initial Cost, Land	1,095
Initial Cost, Building & Improvements	10,716
Cost Capitalized Subsequent to Acquisition, Building & Improvements	7,187
Carrying Amount as of the Close of Period, Land	1,095
Carrying Amount as of the Close of Period, Building & Improvements	17,903
Carrying Amount as of the Close of Period, TOTAL	18,998
Accumulated Depreciation	-6,818
Total Cost Net of Depreciation	12,180
Year Acquired	2004
5000 South Hulen
Real Estate Properties [Line Items]
Encumbrances	13,174
Initial Cost, Land	2,230
Initial Cost, Building & Improvements	16,514
Cost Capitalized Subsequent to Acquisition, Building & Improvements	241
Carrying Amount as of the Close of Period, Land	2,230
Carrying Amount as of the Close of Period, Building & Improvements	16,755
Carrying Amount as of the Close of Period, TOTAL	18,985
Accumulated Depreciation	-2,766
Total Cost Net of Depreciation	16,219
Year Acquired	2010
Anthem Highlands
Real Estate Properties [Line Items]
Initial Cost, Land	5,929
Initial Cost, Building & Improvements	9,819
Cost Capitalized Subsequent to Acquisition, Building & Improvements	119
Carrying Amount as of the Close of Period, Land	5,929
Carrying Amount as of the Close of Period, Building & Improvements	9,938
Carrying Amount as of the Close of Period, TOTAL	15,867
Accumulated Depreciation	-1,158
Total Cost Net of Depreciation	14,709
Year Acquired	2011
The Family Center at Orem
Real Estate Properties [Line Items]
Initial Cost, Land	4,450	[3]
Initial Cost, Building & Improvements	11,229	[3]
Carrying Amount as of the Close of Period, Land	4,450	[3]
Carrying Amount as of the Close of Period, Building & Improvements	11,229	[3]
Carrying Amount as of the Close of Period, TOTAL	15,679	[3]
Accumulated Depreciation	-134	[3]
Total Cost Net of Depreciation	15,545	[3]
Year Acquired	2014	[3]
Centennial Crossroads
Real Estate Properties [Line Items]
Initial Cost, Land	3,868
Initial Cost, Building & Improvements	11,484
Cost Capitalized Subsequent to Acquisition, Building & Improvements	7
Carrying Amount as of the Close of Period, Land	3,868
Carrying Amount as of the Close of Period, Building & Improvements	11,491
Carrying Amount as of the Close of Period, TOTAL	15,359
Accumulated Depreciation	-385
Total Cost Net of Depreciation	14,974
Year Acquired	2013
LA Fitness
Real Estate Properties [Line Items]
Initial Cost, Land	3,123
Initial Cost, Building & Improvements	9,957
Carrying Amount as of the Close of Period, Land	3,123
Carrying Amount as of the Close of Period, Building & Improvements	9,957
Carrying Amount as of the Close of Period, TOTAL	13,080
Accumulated Depreciation	-413
Total Cost Net of Depreciation	12,667
Year Acquired	2013
Pavilion Crossing
Real Estate Properties [Line Items]
Initial Cost, Land	3,729
Initial Cost, Building & Improvements	9,268
Cost Capitalized Subsequent to Acquisition, Building & Improvements	75
Carrying Amount as of the Close of Period, Land	3,729
Carrying Amount as of the Close of Period, Building & Improvements	9,343
Carrying Amount as of the Close of Period, TOTAL	13,072
Accumulated Depreciation	-740
Total Cost Net of Depreciation	12,332
Year Acquired	2012
Shops at Foxwood
Real Estate Properties [Line Items]
Initial Cost, Land	4,680
Initial Cost, Building & Improvements	6,889
Cost Capitalized Subsequent to Acquisition, Building & Improvements	61
Carrying Amount as of the Close of Period, Land	4,680
Carrying Amount as of the Close of Period, Building & Improvements	6,950
Carrying Amount as of the Close of Period, TOTAL	11,630
Accumulated Depreciation	-977
Total Cost Net of Depreciation	10,653
Year Acquired	2010
Northside Plaza
Real Estate Properties [Line Items]
Encumbrances	12,000
Initial Cost, Land	6,477
Initial Cost, Building & Improvements	893
Cost Capitalized Subsequent to Acquisition, Building & Improvements	6,783
Carrying Amount as of the Close of Period, Land	6,477
Carrying Amount as of the Close of Period, Building & Improvements	7,676
Carrying Amount as of the Close of Period, TOTAL	14,153
Accumulated Depreciation	-1,123
Total Cost Net of Depreciation	13,030
Year Acquired	2010
Meadow Ridge Plaza
Real Estate Properties [Line Items]
Initial Cost, Land	3,781
Initial Cost, Building & Improvements	4,706
Cost Capitalized Subsequent to Acquisition, Building & Improvements	94
Carrying Amount as of the Close of Period, Land	3,781
Carrying Amount as of the Close of Period, Building & Improvements	4,800
Carrying Amount as of the Close of Period, TOTAL	8,581
Accumulated Depreciation	-396
Total Cost Net of Depreciation	8,185
Year Acquired	2012
Shoppes of Belmere
Real Estate Properties [Line Items]
Initial Cost, Land	4,701
Initial Cost, Building & Improvements	5,122
Carrying Amount as of the Close of Period, Land	4,701
Carrying Amount as of the Close of Period, Building & Improvements	5,122
Carrying Amount as of the Close of Period, TOTAL	9,823
Accumulated Depreciation	-369
Total Cost Net of Depreciation	9,454
Year Acquired	2012
Lake Burden Shoppes
Real Estate Properties [Line Items]
Initial Cost, Land	3,981
Initial Cost, Building & Improvements	4,020
Carrying Amount as of the Close of Period, Land	3,981
Carrying Amount as of the Close of Period, Building & Improvements	4,020
Carrying Amount as of the Close of Period, TOTAL	8,001
Accumulated Depreciation	-274
Total Cost Net of Depreciation	7,727
Year Acquired	2012
Five Forks Crossing
Real Estate Properties [Line Items]
Initial Cost, Land	1,796
Initial Cost, Building & Improvements	6,874
Cost Capitalized Subsequent to Acquisition, Building & Improvements	-98
Carrying Amount as of the Close of Period, Land	1,796
Carrying Amount as of the Close of Period, Building & Improvements	6,776
Carrying Amount as of the Close of Period, TOTAL	8,572
Accumulated Depreciation	-2,245
Total Cost Net of Depreciation	6,327
Year Acquired	2005
Mariner's Point
Real Estate Properties [Line Items]
Initial Cost, Land	1,950
Initial Cost, Building & Improvements	4,220
Cost Capitalized Subsequent to Acquisition, Building & Improvements	24
Carrying Amount as of the Close of Period, Land	1,950
Carrying Amount as of the Close of Period, Building & Improvements	4,244
Carrying Amount as of the Close of Period, TOTAL	6,194
Accumulated Depreciation	-717
Total Cost Net of Depreciation	5,477
Year Acquired	2010
Newport Town Center
Real Estate Properties [Line Items]
Initial Cost, Land	1,586
Initial Cost, Building & Improvements	6,571
Cost Capitalized Subsequent to Acquisition, Building & Improvements	-62
Carrying Amount as of the Close of Period, Land	1,586
Carrying Amount as of the Close of Period, Building & Improvements	6,509
Carrying Amount as of the Close of Period, TOTAL	8,095
Accumulated Depreciation	-1,884
Total Cost Net of Depreciation	6,211
Year Acquired	2007
Merchant Central
Real Estate Properties [Line Items]
Initial Cost, Land	1,059
Initial Cost, Building & Improvements	4,298
Cost Capitalized Subsequent to Acquisition, Building & Improvements	66
Carrying Amount as of the Close of Period, Land	1,059
Carrying Amount as of the Close of Period, Building & Improvements	4,364
Carrying Amount as of the Close of Period, TOTAL	5,423
Accumulated Depreciation	-696
Total Cost Net of Depreciation	4,727
Year Acquired	2010
Cedar Square
Real Estate Properties [Line Items]
Initial Cost, Land	1,667	[4]
Initial Cost, Building & Improvements	2,808	[4]
Cost Capitalized Subsequent to Acquisition, Land	-1,381	[4]
Cost Capitalized Subsequent to Acquisition, Building & Improvements	61	[4]
Carrying Amount as of the Close of Period, Land	286	[4]
Carrying Amount as of the Close of Period, Building & Improvements	2,869	[4]
Carrying Amount as of the Close of Period, TOTAL	3,155	[4]
Accumulated Depreciation	-5	[4]
Total Cost Net of Depreciation	3,150	[4]
Year Acquired	2013	[4]
Southlake Park Village
Real Estate Properties [Line Items]
Initial Cost, Land	15,989
Initial Cost, Building & Improvements	265
Cost Capitalized Subsequent to Acquisition, Land	71
Cost Capitalized Subsequent to Acquisition, Building & Improvements	27,836
Carrying Amount as of the Close of Period, Land	16,060
Carrying Amount as of the Close of Period, Building & Improvements	28,101
Carrying Amount as of the Close of Period, TOTAL	44,161
Accumulated Depreciation	-53
Total Cost Net of Depreciation	44,108
Year Acquired	2013
West Broad Marketplace
Real Estate Properties [Line Items]
Encumbrances	1,772
Initial Cost, Land	20,018
Cost Capitalized Subsequent to Acquisition, Land	887
Cost Capitalized Subsequent to Acquisition, Building & Improvements	3,138
Carrying Amount as of the Close of Period, Land	20,905
Carrying Amount as of the Close of Period, Building & Improvements	3,138
Carrying Amount as of the Close of Period, TOTAL	24,043
Total Cost Net of Depreciation	$24,043
Year Acquired	2014
Beginning of Period | The Promenade
Real Estate Properties [Line Items]
Year Acquired	2011
Beginning of Period | Brandywine Crossing
Real Estate Properties [Line Items]
Year Acquired	2010	[1]
Beginning of Period | Rite Aid - Vestavia Hills
Real Estate Properties [Line Items]
Year Acquired	2010
End of Period | The Promenade
Real Estate Properties [Line Items]
Year Acquired	2013
End of Period | Brandywine Crossing
Real Estate Properties [Line Items]
Year Acquired	2014	[1]
End of Period | Rite Aid - Vestavia Hills
Real Estate Properties [Line Items]
Year Acquired	2011
[1]	Includes the acquisitions of outparcels that were previously not owned at the property in 2014.
[2]	Includes amounts attributed to development or redevelopment projects, including Phases II and III at the Chimney Rock property, the Stadium Center property expansion and Phase III at the Plaza at Rockwall property.
[3]	The Family Center at Orem property was sold in January 2015.
[4]	In November 2014, the Company sold the inline retail portion of the Cedar Square property.

Reconciliation_of_Total_Real_E

Reconciliation of Total Real Estate Carrying Value and Related Accumulated Depreciation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
Real Estate:
Balance, beginning of period	$1,147,565	$981,128	$602,253	$1,543,389
Dispositions	-20,618	-23,397	-23,439
Acquisitions and additions	416,442	189,834	402,314
Balance, end of period	1,543,389	1,147,565	981,128
Accumulated Depreciation:
Balance, beginning of period	-61,479	-36,765	-18,294	-90,543
Dispositions	1,493	2,024	366
Depreciation	-30,557	-26,738	-18,837
Balance, end of period	($90,543)	($61,479)	($36,765)

Real_Estate_and_Accumulated_De

Real Estate and Accumulated Depreciation - Additional Information (Detail) (USD $)	Dec. 31, 2014
In Billions, unless otherwise specified
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Federal tax basis	$1.60