Inland Real Estate Income Trust (INRE) 10-K 16 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 08, 2018	Jun. 30, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	Inland Real Estate Income Trust, Inc.
Entity Central Index Key	1,528,985
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 801,423,971
Entity Common Stock, Shares Outstanding		35,600,624
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Investment properties:
Land	$ 277,229	$ 262,210
Building and other improvements	1,011,688	971,021
Total	1,288,917	1,233,231
Less accumulated depreciation	(101,094)	(62,631)
Net investment properties	1,187,823	1,170,600
Cash and cash equivalents	11,904	10,861
Investment in unconsolidated entities	7,125	126
Accounts and rent receivable	15,152	11,671
Acquired lease intangible assets, net	138,658	150,108
Deferred costs, net	1,317	683
Other assets	13,391	13,511
Total assets	1,375,370	1,357,560
Liabilities:
Mortgages and credit facility payable, net	691,465	606,025
Accounts payable and accrued expenses	10,167	7,270
Distributions payable	4,537	4,488
Acquired intangible liabilities, net	62,270	63,474
Deferred investment property acquisition obligations	1,050	6,856
Due to related parties	2,665	2,663
Other liabilities	11,744	12,330
Total liabilities	783,898	703,106
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $.001 par value, 40,000,000 shares authorized, none outstanding
Common stock, $.001 par value, 1,460,000,000 shares authorized, 35,498,444 and 35,262,283 shares issued and outstanding as of December 31, 2017 and 2016, respectively	35	35
Additional paid in capital (net of offering costs of $87,059 as of December 31, 2017 and 2016)	798,567	792,531
Accumulated distributions and net loss	(212,883)	(140,417)
Accumulated other comprehensive income	5,753	2,305
Total stockholders’ equity	591,472	654,454
Total liabilities and stockholders’ equity	$ 1,375,370	$ 1,357,560

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	40,000,000	40,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	1,460,000,000	1,460,000,000
Common stock, shares issued	35,498,444	35,262,283
Common stock, shares outstanding	35,498,444	35,262,283
Additional paid in capital, offering costs	$ 87,059	$ 87,059

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income:
Rental income	$ 99,413,000	$ 93,719,000	$ 60,912,000
Tenant recovery income	29,270,000	26,723,000	15,482,000
Other property income	474,000	1,056,000	148,000
Total income	129,157,000	121,498,000	76,542,000
Cost and Expenses:
Property operating expenses	22,369,000	21,460,000	11,850,000
Real estate tax expense	15,992,000	14,202,000	8,938,000
General and administrative expenses	5,200,000	5,908,000	4,961,000
Acquisition related costs	754,000	(1,556,000)	13,903,000
Business management fee	9,196,000	8,580,000	5,501,000
Provision for impairment of investment property	8,530,000	0	0
Depreciation and amortization	61,804,000	59,860,000	34,573,000
Total expenses	123,845,000	108,454,000	79,726,000
Operating income (loss)	5,312,000	13,044,000	(3,184,000)
Interest expense	(24,582,000)	(21,635,000)	(10,339,000)
Interest and other income	147,000	378,000	205,000
Equity in earnings (loss) of unconsolidated entity	21,000	252,000	(118,000)
Net loss	$ (19,102,000)	$ (7,961,000)	$ (13,436,000)
Net loss per common share, basic and diluted	$ (0.54)	$ (0.23)	$ (0.48)
Weighted average number of common shares outstanding, basic and diluted	35,571,249	34,963,827	27,737,301
Comprehensive loss:
Net loss	$ (19,102,000)	$ (7,961,000)	$ (13,436,000)
Unrealized gain (loss) on derivatives	1,043,000	1,861,000	(4,612,000)
Reclassification adjustment for amounts included in net loss	2,405,000	4,038,000	2,546,000
Comprehensive loss	$ (15,654,000)	$ (2,062,000)	$ (15,502,000)

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Accumulated Distributions and Net Loss [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2014	$ 351,459	$ 17	$ 374,633	$ (21,663)	$ (1,528)
Balance, shares at Dec. 31, 2014		16,798,765
Distributions declared	(44,908)			(44,908)
Proceeds from offering	422,959	$ 17	422,942
Proceeds from offering, shares		16,971,329
Offering costs	(43,493)		(43,493)
Proceeds from distribution reinvestment plan	20,828	$ 1	20,827
Proceeds from distribution reinvestment plan, shares		876,978
Shares repurchased	(3,810)	$ (1)	(3,809)
Shares repurchased, shares		(155,464)
Discount on shares to related parties	28		28
Unrealized gain (loss) on derivatives	(4,612)				(4,612)
Reclassification adjustment for amounts included in net gain (loss)	2,546				2,546
Sponsor contribution	3,283		3,283
Net loss	(13,436)			(13,436)
Balance at Dec. 31, 2015	690,844	$ 34	774,411	(80,007)	(3,594)
Balance, shares at Dec. 31, 2015		34,491,607
Distributions declared	(52,449)			(52,449)
Proceeds from distribution reinvestment plan	27,831	$ 1	27,830
Proceeds from distribution reinvestment plan, shares		1,213,419
Shares repurchased	(9,724)		(9,724)
Shares repurchased, shares		(442,743)
Unrealized gain (loss) on derivatives	1,861				1,861
Reclassification adjustment for amounts included in net gain (loss)	4,038				4,038
Equity based compensation	14		14
Net loss	(7,961)			(7,961)
Balance at Dec. 31, 2016	$ 654,454	$ 35	792,531	(140,417)	2,305
Balance, shares at Dec. 31, 2016	35,262,283	35,262,283
Distributions declared	$ (53,364)			(53,364)
Proceeds from distribution reinvestment plan	27,069	$ 1	27,068
Proceeds from distribution reinvestment plan, shares		1,197,415
Shares repurchased	(21,066)	$ (1)	(21,065)
Shares repurchased, shares		(961,698)
Unrealized gain (loss) on derivatives	1,043				1,043
Reclassification adjustment for amounts included in net gain (loss)	2,405				2,405
Equity based compensation	33		33
Equity based compensation, shares		444
Net loss	(19,102)			(19,102)
Balance at Dec. 31, 2017	$ 591,472	$ 35	$ 798,567	$ (212,883)	$ 5,753
Balance, shares at Dec. 31, 2017	35,498,444	35,498,444

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net loss	$ (19,102,000)	$ (7,961,000)	$ (13,436,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	61,804,000	59,860,000	34,573,000
Provision for impairment of investment property	8,530,000	0	0
Amortization of debt issuance costs and mortgage premiums, net	397,000	359,000	5,000
Amortization of acquired market leases, net	(1,415,000)	(812,000)	(652,000)
Amortization of equity based compensation	33,000	14,000
Straight-line income, net	(1,678,000)	(2,164,000)	(1,736,000)
Discount on shares issued to related parties			28,000
Equity in (earnings) loss of unconsolidated entity	(21,000)	(252,000)	118,000
Distributions from unconsolidated entity	146,000	126,000
Payment of leasing fees	(823,000)	(413,000)	(315,000)
Adjustment of contingent earnout liability	575,000	(3,709,000)	(9,000)
Other non-cash adjustments	(40,000)	(244,000)	(376,000)
Changes in assets and liabilities:
Accounts payable and accrued expenses	3,249,000	(1,324,000)	3,723,000
Accounts and rent receivable	(1,020,000)	(1,386,000)	(3,392,000)
Due to related parties	(150,000)	(5,891,000)	7,559,000
Other liabilities	(118,000)	(197,000)	2,185,000
Other assets	504,000	197,000	(1,195,000)
Net cash flows provided by operating activities	50,871,000	36,203,000	27,080,000
Cash flows from investing activities:
Purchase of investment properties	(69,953,000)	(79,034,000)	(734,331,000)
Capital expenditures	(6,209,000)	(9,320,000)	(4,326,000)
Investment in unconsolidated joint ventures	(6,917,000)
Other assets and restricted escrows	853,000	320,000	(1,885,000)
Net cash flows used in investing activities	(82,226,000)	(88,034,000)	(740,542,000)
Cash flows from financing activities:
Proceeds from offering			422,959,000
Payment of offering costs		(199,000)	(43,828,000)
Payment of credit facility	(43,000,000)	(141,000,000)
Proceeds from credit facility	95,800,000	72,000,000	100,000,000
Proceeds from mortgages payable	39,179,000	150,335,000	242,377,000
Payment of mortgages payable	(6,494,000)	(58,494,000)	(145,000)
Proceeds from the distribution reinvestment plan	27,069,000	27,831,000	20,828,000
Shares repurchased	(19,984,000)	(8,754,000)	(3,333,000)
Distributions paid	(53,315,000)	(52,358,000)	(42,537,000)
Sponsor contribution			3,283,000
Due to related parties			(1,630,000)
Payment of deferred investment property acquisition obligation	(6,415,000)	(8,838,000)	(3,061,000)
Payment of debt issuance costs	(442,000)	(1,674,000)	(3,479,000)
Net cash flows provided by (used in) financing activities	32,398,000	(21,151,000)	691,434,000
Net increase (decrease) in cash and cash equivalents	1,043,000	(72,982,000)	(22,028,000)
Cash and cash equivalents at beginning of the year	10,861,000	83,843,000	105,871,000
Cash and cash equivalents at end of the year	11,904,000	10,861,000	83,843,000
Supplemental disclosure of cash flow information:
Land	17,513,000	15,128,000	163,832,000
Building and improvements	41,793,000	53,849,000	580,061,000
Acquired in-place lease intangibles	6,740,000	12,768,000	98,062,000
Acquired above market lease intangibles	8,645,000	1,080,000	30,524,000
Acquired below market lease intangibles	(4,589,000)	(3,432,000)	(44,359,000)
Acquired above market ground lease liability			(5,169,000)
Other receivables			792,000
Assumption of mortgage debt at acquisition			(58,026,000)
Non-cash mortgage premium			(3,430,000)
Deferred investment property acquisition obligations			(18,211,000)
Assumed liabilities, net	(149,000)	(359,000)	(9,745,000)
Purchase of investment properties	69,953,000	79,034,000	734,331,000
Cash paid for interest, net of amounts capitalized	24,206,000	21,087,000	9,397,000
Supplemental schedule of non-cash investing and financing activities:
Distributions payable	$ 4,537,000	$ 4,488,000	4,397,000
Accrued offering costs payable			$ 252,000

Organization

Organization	12 Months Ended
	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization	NOTE 1 – ORGANIZATION Inland Real Estate Income Trust, Inc. (the “Company”) was formed on August 24, 2011 to acquire and manage a portfolio of commercial real estate investments located in the United States. The Company has primarily focused on acquiring retail properties. The Company has invested in joint ventures and may continue to invest in additional joint ventures or acquire other real estate assets such as office and medical office buildings, multi-family properties and industrial/distribution and warehouse facilities if its management believes the expected returns from those investments exceed that of retail properties. The Company also may invest in real estate-related equity securities of both publicly traded and private real estate companies, as well as commercial mortgage-backed securities. The Company entered into a Business Management Agreement with IREIT Business Manager & Advisor, Inc. (the “Business Manager”), an indirect wholly owned subsidiary of Inland Real Estate Investment Corporation (the “Sponsor”), to be the Business Manager to the Company. At December 31, 2017, the Company owned 59 retail properties, totaling 6,860,923 square feet. The properties are located in 24 states. At December 31, 2017, the portfolio had a weighted average physical occupancy of 93.9% and economic occupancy of 94.8%. Economic occupancy excludes square footage associated with an earnout component. On January 16, 2018, the Company effected a 1-for-2.5 reverse stock split of its issued and outstanding common stock whereby every 2.5 shares of issued and outstanding common stock were converted into one share of its common stock (the “Reverse Stock Split”). In accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), all share information presented has been retroactively adjusted to reflect the Reverse Stock Split.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES General The accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP and require 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. In the opinion of management, all adjustments necessary for a fair statement, in all material respects, of the financial position and results of operations for the periods are presented. Actual results could differ from those estimates. Information with respect to square footage and occupancy is unaudited. Consolidation The accompanying consolidated financial statements include the accounts of the Company, as well as all wholly owned subsidiaries. Wholly owned subsidiaries generally consist of limited liability companies (“LLCs”). All intercompany balances and transactions have been eliminated in consolidation. Each property is owned by a separate legal entity which maintains its own books and financial records and each entity’s assets are not available to satisfy the liabilities of other affiliated entities. The fiscal year-end of the Company is December 31. Acquisitions Upon acquisition of real estate investment properties, the Company allocates the total purchase price of each property that is accounted for as an asset acquisition based on the relative fair value of the tangible and intangible assets acquired and liabilities assumed based on Level 3 inputs, such as comparable sales values, discount rates, capitalization rates, revenue and expense growth rates and lease-up assumptions, from a third party appraisal or other market sources. The acquisition date is the date on which the Company obtains control of the real estate investment property and transaction costs are capitalized. Assets and liabilities acquired typically include land, building and site improvements and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases. The portion of the purchase price allocated to above market lease values are included in acquired lease intangible assets, net and is amortized on a straight-line basis over the term of the related lease as a reduction to rental income. The portion allocated to below market lease values are included in acquired intangible liabilities, net and is amortized as an increase to rental income over the term of the lease including any renewal periods with fixed rate renewals. The portion of the purchase price allocated to acquired in-place lease value is included in acquired lease intangible assets, net and is amortized on a straight-line basis over the acquired leases’ weighted average remaining term. The Company determines the fair value of the tangible assets consisting of land and buildings by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to land and buildings. The Company determines the fair value of assumed debt by calculating the net present value of the mortgage payments using interest rates for debt with similar terms and maturities. Differences between the fair value and the stated value is recorded as a discount or premium and amortized over the remaining term using the effective interest method. Certain of the Company’s properties included earnout components to the purchase price, meaning the Company did not pay a portion of the purchase price of the property at closing, although the Company owns the entire property. The Company is not obligated to settle the contingent portion of the purchase price unless space which was vacant at the time of acquisition is later leased by the seller within the time limits and parameters set forth in the related acquisition agreements. The Company’s policy is to record earnout components when estimable and probable. In January 2017, the Financial Accounting Standards Board (“FASB”) issued guidance that clarified the definition of a business and assists in the evaluation of whether a transaction should be accounted for as an acquisition of an asset or a business combination. The Company early adopted the new guidance and modified its accounting policy effective October 1, 2016. Prior to October 1, 2016, the Company expensed all acquisition expenses as incurred whether or not the acquisition was completed, and assets acquired and liabilities assumed were measured at their fair values rather than at their relative fair values as described above. Additionally, earnouts were recorded as additional purchase price of the related property and as a liability included in deferred investment property acquisition obligations on the accompanying consolidated balance sheets. The amount recorded was based on the Company’s best estimate of the potential future earnout payments at the date of an acquisition. The Company recorded the effect of changes in the underlying liability assumptions in acquisition related costs on the accompanying consolidated statements of operations and comprehensive loss. Impairment of Investment Properties The Company assesses the carrying values of its respective long-lived assets whenever events or changes in circumstances indicate that the carrying amounts of these assets may not be fully recoverable. Recoverability of the assets is measured by comparison of the carrying amount of the asset to the estimated future undiscounted cash flows. In order to review its assets for recoverability, the Company considers current market conditions, as well as its intent with respect to holding or disposing of the asset. If the Company’s analysis indicates that the carrying value of the long-lived asset is not recoverable on an undiscounted cash flow basis, the Company recognizes an impairment charge for the amount by which the carrying value exceeds the current estimated fair value of the real estate property. Fair value is determined through various valuation techniques, including discounted cash flow models, quoted market values and third party appraisals, where considered necessary (Level 3 inputs). The Company estimates the future undiscounted cash flows based on management’s intent as follows: (i) for real estate properties that the Company intends to hold long-term, including land held for development, properties currently under development and operating buildings, recoverability is assessed based on the estimated future net rental income from operating the property and termination value; and (ii) for real estate properties that the Company intends to sell, including land parcels, properties currently under development and operating buildings, recoverability is assessed based on estimated net proceeds, including net rental income during the holding period, from disposition that are estimated based on future net rental income of the property and utilizing expected market capitalization rates. The use of projected future cash flows is based on assumptions that are consistent with our estimates of future expectations and the strategic plan the Company uses to manage its underlying business. However, assumptions and estimates about future cash flows, including comparable sales values, discount rates, capitalization rates, revenue and expense growth rates and lease-up assumptions which impact the discounted cash flow approach to determining value are complex and subjective. Changes in economic and operating conditions and the Company’s ultimate investment intent that occur subsequent to the impairment analysis could impact these assumptions and result in future impairment charges of real estate properties. During the year ended December 31, 2017, the Company recorded an impairment charge of $8,530 which is included in provision for impairment of investment property on the accompanying consolidated statements of operations and comprehensive loss. During the years ended December 31, 2016 and 2015 no REIT Status The Company has qualified and elected to be taxed as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, for federal income tax purposes commencing with the tax year ended December 31, 2013. As a result, the Company generally will not be subject to federal income tax on taxable income that is distributed to stockholders. A REIT is subject to a number of organizational and operational requirements, including a requirement that it currently distributes at least 90% of its REIT taxable income (subject to certain adjustments and excluding any net capital gain) to its stockholders. The Company will monitor the business and transactions that may potentially impact its REIT status. If the Company fails to qualify as a REIT in any taxable year, without the benefit of certain relief provisions, the Company will be subject to federal and state income tax on its taxable income at regular corporate tax rates. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income, property or net worth and federal income and excise taxes on its undistributed income. Cash and Cash Equivalents The Company considers all demand deposits, money market accounts and all short term investments with a maturity of three months or less, at the date of purchase, to be cash equivalents. The account balance may exceed the Federal Deposit Insurance Corporation (“FDIC”) insurance coverage and, as a result, there could be a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. The Company believes that the risk will not be significant, as the Company does not anticipate the financial institutions’ non-performance. Valuation of Accounts and Rents Receivable The Company takes into consideration certain factors that require judgments to be made as to the collectability of receivables. Collectability factors taken into consideration are the amounts outstanding and payment history of the tenant, which taken as a whole determines the valuation. Allowances are taken for those balances that the Company deems to be uncollectible, including any amounts relating to straight-line income receivables. Capitalization and Depreciation Real estate acquisitions are recorded at cost less accumulated depreciation. Improvement and betterment costs are capitalized, and ordinary repairs and maintenance are expensed as incurred. Cost capitalization and the estimate of useful lives require judgment and include significant estimates that can and do change. Depreciation expense is computed using the straight-line method. The Company anticipates the estimated useful lives of its assets by class to be generally: Building and other improvements 30 years Site improvements 5-15 years Furniture, fixtures and equipment 5-15 years Tenant improvements Shorter of the life of the asset or the term of the related lease Leasing fees Term of the related lease Depreciation expense was approximately $39,497, $35,086 and $21,309 for the years ended December 31, 2017, 2016 and 2015, respectively. Partially-Owned Entities The Company will consolidate the operations of a joint venture if the Company determines that it is either the primary beneficiary of a variable interest entity (VIE) or has substantial influence and control of the entity. In instances where the Company determines that it is not the primary beneficiary of a VIE or the Company does not control the joint venture but can exercise influence over the entity with respect to its operations and major decisions, the Company will use the equity method of accounting. Under the equity method, the operations of a joint venture will not be consolidated with the Company’s operations but instead its share of operations will be reflected as equity in earnings (loss) of unconsolidated entity on its consolidated statements of operations and comprehensive loss. Additionally, the Company’s net investment in the joint venture will be reflected as investment in unconsolidated entity on the consolidated balance sheets. Debt Issuance Costs Debt issuance costs are amortized on a straight-line basis, which approximates the effective interest method, over the term, or anticipated repayment date, of the related agreements as a component of interest expense. These costs are reported as a direct deduction to the Company’s outstanding mortgages and credit facility payable. The adoption of Accounting Standards Update (“ASU”) No. 2015-03, Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt issuance Costs Fair Value Measurements The Company has estimated fair value using available market information and valuation methodologies the Company believes to be appropriate for these purposes. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that would be realized upon disposition. The Company defines fair value based on the price that it believes would be received upon sale of an asset or the exit price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value. The fair value hierarchy consists of three broad levels, which are described below: Level 1 − Quoted prices in active markets for identical assets or liabilities that the entity has the ability to access. Level 2 − Observable inputs, other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 − Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company’s cash equivalents, accounts receivable and payables and accrued expenses all approximate fair value due to the short term nature of these financial instruments. The Company’s financial instruments measured on a recurring basis include derivative interest rate instruments. Derivatives The Company uses derivative instruments, such as interest rate swaps, primarily to manage exposure to interest rate risks inherent in variable rate debt. The Company may also enter into forward starting swaps or treasury lock agreements to set the effective interest rate on a planned fixed-rate financing. The Company’s interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. In a forward starting swap or treasury lock agreement that the Company cash settles in anticipation of a fixed rate financing or refinancing, the Company will receive or pay an amount equal to the present value of future cash flow payments based on the difference between the contract rate and market rate on the settlement date. The Company does not use derivatives for trading or speculative purposes and currently does not have any derivatives that are not designated as hedging instruments under the accounting requirements for derivatives and hedging. 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. The determination of who is the owner, for accounting purposes, of the tenant improvements determines the nature of the leased asset and when revenue recognition under a lease begins. 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 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 by the Company under the lease are treated as lease incentives which reduce revenue recognized over the term of the lease. In these circumstances, the Company begins revenue recognition when the lessee takes possession of the unimproved space for the lessee to construct their own improvements. 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. Rental income is recognized on a straight-line basis over the term of each lease. The difference between rental income earned on a straight-line basis and the cash rent due under the provisions of the lease agreements is recorded as deferred rent receivable and is included as a component of accounts and rent receivable in the accompanying consolidated balance sheets. Due to the impact of the straight-line basis, rental income generally will be greater than the cash collected in the early years and will decrease in the later years of a lease. Reimbursements from tenants for recoverable real estate tax and operating expenses are accrued as revenue in the period the applicable expenses are incurred. The Company makes certain assumptions and judgments in estimating the reimbursements at the end of each reporting period. The Company does not expect the actual results to materially differ from the estimated reimbursement. The Company records lease termination income if there is a signed termination agreement, all of the conditions of the agreement have been met, the tenant is no longer occupying the property and amounts due are considered collectible. Upon early lease termination, the Company provides for gains or losses related to unrecovered intangibles and other assets. As a lessor, the Company defers the recognition of contingent rental income, such as percentage rent, until the specified target that triggered the contingent rental income is achieved. Equity-Based Compensation The Company has restricted shares and units outstanding at December 31, 2017 and 2016. The Company recognizes expense related to the fair value of equity-based compensation awards as general and administrative expense in the accompanying consolidated statements of operations and comprehensive loss. The Company primarily recognizes expense based on the fair value at the grant date on a straight-line basis over the vesting period representing the requisite service period. See Note 8 - "Equity-Based Compensation" for further information. Recent Accounting Pronouncements In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities. • expands hedge accounting for nonfinancial and financial risk components and amends measurement methodologies to more closely align hedge accounting with a company’s risk management activities; • decreases the complexity of preparing hedge results through eliminating separate measurement and reporting of hedge ineffectiveness; • enhances disclosures and changes presentation of hedge results to align the effects of the hedging instrument and the hedged item; • simplifies the assessment of hedge effectiveness. The amendment is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early application is permitted in any interim period after issuance of the update. For cash flow and net investment hedges existing at the date of adoption, an entity should apply a cumulative-effect adjustment related to eliminating the separate measurement of ineffectiveness to accumulated other comprehensive income with a corresponding adjustment to the opening balance of retained earnings as of the beginning of the fiscal year that an entity adopts the amendments in this update. The amended presentation and disclosure guidance is required only prospectively. The Company continues to evaluate ASU No. 2017-12 to determine the impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. will require that amounts described as restricted cash and restricted cash equivalents be included in beginning and ending-of-period reconciliation cash shown on the statement of cash flows. The amendment is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230). In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). Leases In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers

Equity

Equity	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Equity	NOTE 3 – EQUITY The Company commenced an initial public “best efforts” offering (the “Offering”) on October 18, 2012, which concluded on October 16, 2015. The Company sold 33,534,022 shares of common stock generating gross proceeds of $834,399 from the Offering. On March 29, 2017, the Company’s board of directors determined an estimated per share net asset value (the “Estimated Per Share NAV”) of the Company’s common stock of $22.63 ($9.05 prior to the Reverse Stock Split). The previously estimated per share net asset value of $22.55 ($9.02 prior to the Reverse Stock Split) was established on April 7, 2016. The Company provides the following programs to facilitate additional investment in the Company’s shares and to provide limited liquidity for stockholders. Distribution Reinvestment Plan On October 19, 2015, the Company registered 25,000,000 shares of common stock to be issued under its distribution reinvestment plan (“DRP”) pursuant to a registration statement on Form S-3D. The Company provides stockholders with the option to purchase additional shares from the Company by automatically reinvesting cash distributions through the DRP, subject to certain share ownership restrictions. The Company does not pay any selling commissions or a marketing contribution and due diligence expense allowance in connection with the DRP. Pursuant to the DRP, the price per share for shares of common stock purchased under the DRP is equal to the estimated value of a share, as determined by the Company’s board of directors and reported by the Company from time to time, until the shares become listed for trading, if a listing occurs, assuming that the DRP has not been terminated or suspended in connection with such listing. On March 30, 2017, the Company reported a new Estimated Per Share NAV of $22.63 ($9.05 prior to the Reverse Stock Split). Distributions reinvested through the DRP were approximately $27,069, $27,831 and $20,828 for the years ended December 31, 2017, 2016 and 2015, respectively. Share Repurchase Program The Company adopted a share repurchase program effective October 18, 2012 which was subsequently amended effective January 1, 2018 to change the processing of repurchase requests from a monthly to a quarterly basis to align with the move to quarterly distributions. Under the amended and restated share repurchase program (“SRP”), the Company is authorized to purchase shares from stockholders who purchased their shares from the Company or received their shares through a non-cash transfer and who have held their shares for at least one year, if requested, if the Company chooses to purchase them. Subject to funds being available, the Company limits the number of shares repurchased during any calendar year to 5% of the number of shares outstanding on December 31 st Pursuant to the SRP, the Company may repurchase shares at prices ranging from 92.5% of the “share price,” as defined in the SRP, for stockholders who have owned shares for at least one year to 100% of the “share price” for stockholders who have owned shares for at least four years. For repurchases sought upon a stockholder’s death or qualifying disability, the Company may repurchase shares at a price equal to 100% of the “share price.” As used in the SRP, “share price” means the lesser of (1) the offering price of the Company’s shares in the Offering (unless the shares were purchased at a discount from that price, and then that purchase price), as adjusted by the Reverse Stock Split, reduced by any distributions of net sale proceeds that the Company designates as constituting a return of capital; or (2) the most recently disclosed estimated value per share. Repurchases through the SRP were approximately $21,066, $9,724 and $3,810 for the years ended December 31, 2017, 2016 and 2015, respectively. At December 31, 2017 and 2016, the liability related to the SRP was $2,530 and $1,448, respectively, recorded in other liabilities on the Company’s consolidated balance sheets.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2017
Business Combinations [Abstract]
Acquisitions	NOTE 4 – ACQUISITIONS 2017 Acquisitions During the year ended December 31, 2017 Date Acquired Property Name Location Property Type Square Footage Purchase Price (a) 1st Quarter 1/27/2017 Wilson Marketplace (b) Wilson, NC Multi-Tenant Retail 311,030 $ 40,783 2nd Quarter 4/3/2017 Pentucket Shopping Center (b) Plaistow, NH Multi-Tenant Retail 198,469 24,100 3rd Quarter 7/14/2017 Coastal North Town Center - Phase II Myrtle Beach, SC Retail 6,588 3,716 516,087 $ 68,599 (a) Contractual purchase price excluding closing credits. (b) Subsequent to the acquisition date, first mortgages were placed on the properties. The above acquisitions were accounted for as asset acquisitions. For the year ended December 31, 2017, the Company incurred $2,213 of total acquisition costs and fees, $1,459 of which are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets. An adjustment to the deferred investment property acquisition obligation of $574 and $180 of acquisition and dead deal costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. 2016 Acquisitions During the year ended December 31, 2016 and Date Acquired Property Name Location Property Type Square Footage Purchase Price 2nd Quarter 4/22/16 Coastal North Town Center Myrtle Beach, SC Multi-Tenant Retail 304,662 $ 72,811 4/22/16 Oquirrh Mountain Marketplace Phase II South Jordan, UT Multi-Tenant Retail 10,150 4,329 314,812 $ 77,140 For the year ended December 31, 2016, the Company recorded a reduction in deferred investment property acquisition obligation of $2,066, net of acquisition costs of $510 in acquisition related costs in the consolidated statements of operations and comprehensive loss. The Company incurred $ December 31, 2015 For properties acquired during the year ended December 31, 2017, the Company recorded total income of $5,202 and property net income of $325, which excludes expensed acquisition related costs. For properties acquired during the year ended December 31, 2016, the Company recorded total income of $4,218 and property net income of $269, which excludes expensed acquisition related costs. The following table presents certain additional information regarding the Company’s acquisitions during the years ended December 31, 2017 and 2016. The amounts recognized for major assets acquired and liabilities assumed as of the acquisition date are as follows: For the Year Ended December 31, 2017 2016 (a) Land $ 17,513 $ 15,128 Building and improvements 41,793 53,849 Acquired lease intangible assets, net 15,385 13,848 Acquired intangible liabilities, net (4,589 ) (3,432 ) Fair value adjustment related to the assumption of mortgages payable — — Deferred investment property acquisition obligations — — Assumed liabilities, net (149 ) (359 ) Total $ 69,953 $ 79,034 (a) Total for the year ended December 31, 2016 includes $1,720 for 4,200 square feet acquired at Oquirrh Mountain Marketplace and $533 for 1,766 square feet at Park Avenue Shopping Center.

Investment in Unconsolidated En

Investment in Unconsolidated Entities	12 Months Ended
	Dec. 31, 2017
Equity Method Investments And Joint Ventures [Abstract]
Investment in Unconsolidated Entities	NOTE 5 – INVESTMENT IN UNCONSOLIDATED ENTITIES The following table summarizes the Company’s unconsolidated joint ventures: Investment in unconsolidated entities Entity Company's Profit/Loss Allocation at December 31, 2017 Remaining Commitment December 31, 2017 December 31, 2016 Mainstreet Texas Development Fund, LLC ("Mainstreet JV") (a) 83 % $ 1,783 $ 7,125 $ — Oak Property Casualty, LLC ("Captive") (b) n/a — — 126 $ 7,125 $ 126 (a) In August 2017, the Company, through a wholly owned taxable REIT subsidiary, made an equity commitment to Mainstreet JV in order to develop, construct, lease, finance and sell parcels of land and related building improvements including personal property which are to be operated as rapid recovery healthcare facilities located in Beaumont, Amarillo and Temple, Texas. The investment balance includes capitalized acquisition, interest and legal costs of $157. (b) The Company was a member of a limited liability company formed as an insurance association captive, which was owned by the Company, IRC Retail Centers LLC, InvenTrust Properties Corp. and Retail Properties of America, Inc. See Note 13 – “Transactions with Related Parties.”

Acquired Intangible Assets and

Acquired Intangible Assets and Liabilities	12 Months Ended
	Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Acquired Intangible Assets and Liabilities	NOTE 6 – ACQUIRED INTANGIBLE ASSETS AND LIABILITIES The following table summarizes the Company’s identified intangible assets and liabilities as of December 31, 2017 and 2016: December 31, 2017 December 31, 2016 Intangible assets: Acquired in-place lease value $ 165,182 $ 159,679 Acquired above market lease value 45,824 37,179 Accumulated amortization (72,348 ) (46,750 ) Acquired lease intangibles, net $ 138,658 $ 150,108 Intangible liabilities: Acquired below market lease value $ 71,551 $ 66,962 Above market ground lease 5,169 5,169 Accumulated amortization (14,450 ) (8,657 ) Acquired below market lease intangibles, net $ 62,270 $ 63,474 As of December 31, 2017, the weighted average amortization periods for acquired in-place lease, above market lease intangibles, below market lease intangibles and above market ground lease are 10, 14, 19 and 55 years, respectively. The portion of the purchase price allocated to acquired above market lease value and acquired below market lease value is amortized on a straight-line basis over the term of the related lease as an adjustment to rental income. For below market lease values, the amortization period includes any renewal periods with fixed rate renewals. The acquired above market ground lease is amortized on a straight-line basis as an adjustment to property operating expense over the term of the lease and includes renewal periods. The portion of the purchase price allocated to acquired in-place lease value is amortized on a straight-line basis over the acquired leases’ weighted average remaining term. Amortization pertaining to acquired in-place lease value, above market ground lease, above market lease value and below market lease value is summarized below: Amortization recorded as amortization expense: 2017 2016 2015 Acquired in-place lease value $ 22,104 $ 24,174 $ 13,170 Amortization recorded as a reduction to property operating expense: Above market ground lease $ 94 $ 94 $ 24 Amortization recorded as a (reduction) increase to rental income: Acquired above market leases $ (4,379 ) $ (4,341 ) $ (2,334 ) Acquired below market leases 5,700 5,059 2,986 Net rental income increase $ 1,321 $ 718 $ 652 Estimated amortization of the respective intangible lease assets and liabilities as of December 31, 2017 for each of the five succeeding years and thereafter is as follows: Acquired In-Place Leases Above Market Leases Below Market Leases Above Market Ground Lease 2018 $ 18,995 $ 3,794 $ (4,470 ) $ (94 ) 2019 17,031 3,430 (4,325 ) (94 ) 2020 14,012 3,091 (4,104 ) (94 ) 2021 11,475 3,021 (3,917 ) (94 ) 2022 8,830 2,715 (3,657 ) (94 ) Thereafter 33,955 18,309 (36,838 ) (4,489 ) Total $ 104,298 $ 34,360 $ (57,311 ) $ (4,959 )

Debt and Derivative Instruments

Debt and Derivative Instruments	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Debt and Derivative Instruments	NOTE 7 – DEBT AND DERIVATIVE INSTRUMENTS As of December 31, 2017 and 2016, the Company had the following mortgages and credit facility payable: December 31, 2017 December 31, 2016 Type of Debt Principal Amount Weighted Average Interest Rate Principal Amount Weighted Average Interest Rate Fixed rate mortgages payable $ 171,851 4.25 % $ 178,345 4.31 % Variable rate mortgages payable with swap agreements 383,517 3.49 % 354,488 3.42 % Variable rate mortgages payable 54,153 3.26 % 44,003 2.50 % Mortgages payable $ 609,521 3.69 % $ 576,836 3.62 % Credit facility payable $ 83,800 3.21 % $ 31,000 2.26 % Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps $ 693,321 3.63 % $ 607,836 3.55 % Add: Unamortized mortgage premiums 2,316 3,080 Less: Unamortized debt issuance costs (4,172 ) (4,891 ) Total debt $ 691,465 $ 606,025 The Company’s indebtedness bore interest at a weighted average interest rate of 3.63% per annum at December 31, 2017, which includes the effects of interest rate swaps. The Company estimates the fair value of its total debt by discounting the future cash flows of each instrument at rates currently offered for similar debt instruments of comparable maturities by the Company’s lenders using Level 3 inputs. The carrying value of the Company’s debt excluding mortgage premium and unamortized debt issuance costs was $693,321 and $607,836 as of December 31, 2017 and 2016, respectively, and its estimated fair value was $684,621 and $595,404 as of December 31, 2017 and 2016, respectively. As of December 31, 2017, scheduled principal payments and maturities on the Company’s debt were as follows: December 31, 2017 Scheduled Principal Payments and Maturities by Year: Scheduled Principal Payments Maturities of Mortgage Loans Maturity of Credit Facility Total 2018 $ 221 $ 15,260 $ — $ 15,481 2019 215 152,450 83,800 236,465 2020 897 — — 897 2021 1,531 82,740 — 84,271 2022 615 126,017 — 126,632 Thereafter 962 228,613 — 229,575 Total $ 4,441 $ 605,080 $ 83,800 $ 693,321 Credit Facility Payable The Company’s Credit Facility in the amount of $110,000 has an accordion feature that allows for an increase in available borrowings up to $400,000, one At December 31, 2017, the interest rate on the Credit Facility was 3.21%. The Credit Facility requires compliance with certain covenants, as amended, including a minimum tangible net worth requirement, a distribution limitation, restrictions on indebtedness and investment restrictions, as defined. It also contains customary default provisions including the failure to comply with the Company's covenants and the failure to pay when amounts outstanding under the Credit Facility become due. The Company is in compliance with all financial covenants related to the Credit Facility. Mortgages Payable The mortgage loans require compliance with certain covenants, such as debt service ratios, investment restrictions and distribution limitations. As of December 31, 2017, the Company was current on all of the payments and in compliance with all financial covenants. All of the Company’s mortgage loans are secured by first mortgages on the respective real estate assets. As of December 31, 2017, the weighted average years to maturity for the Company’s mortgages payable was approximately 4.2 years. Interest Rate Swap Agreements The Company entered into interest rate swaps to fix certain of its floating LIBOR based debt under variable rate loans to a fixed rate to manage its risk exposure to interest rate fluctuations. The Company will generally match the maturity of the underlying variable rate debt with the maturity date on the interest swap. See Note 15 - "Fair Value Measurements" for further information. The following table summarizes the Company’s interest rate swap contracts outstanding as of December 31, 2017. Date Entered Effective Date Maturity Date Pay Fixed Rate (a) Notional Amount Fair Value December 2017 Assets June 27, 2014 July 1, 2014 July 1, 2019 1.85 % $ 24,352 $ 9 February 11, 2015 March 2, 2015 March 1, 2022 2.02 % 6,114 19 April 7, 2015 April 7, 2015 April 7, 2022 1.74 % 49,400 723 July 8, 2015 August 1, 2015 May 22, 2019 1.43 % 1,426 8 September 17, 2015 September 17, 2015 September 17, 2022 1.90 % 13,700 137 October 2, 2015 November 1, 2015 November 1, 2022 1.79 % 13,100 201 January 25, 2016 February 1, 2016 February 1, 2021 1.40 % 38,000 733 June 7, 2016 July 1, 2016 July 1, 2023 1.42 % 43,680 1,648 July 21, 2016 August 1, 2016 August 1, 2023 1.30 % 47,550 2,147 August 29, 2016 October 21, 2016 December 15, 2019 1.07 % 10,836 184 April 27, 2017 April 26, 2017 April 26, 2022 1.91 % 24,480 202 June 5, 2017 May 31, 2017 May 15, 2022 1.90 % 14,700 125 $ 287,338 $ 6,136 Liabilities March 28, 2014 March 1, 2015 March 28, 2019 2.22 % $ 5,525 $ (27 ) May 8, 2014 May 5, 2015 May 7, 2019 2.10 % 14,200 (49 ) May 23, 2014 May 1, 2015 May 22, 2019 2.00 % 8,484 (17 ) June 6, 2014 June 1, 2015 May 8, 2019 2.15 % 11,684 (48 ) June 26, 2014 July 5, 2015 July 5, 2019 2.11 % 20,725 (74 ) July 31, 2014 July 31, 2014 July 31, 2019 1.94 % 9,561 (8 ) December 23, 2015 December 23, 2015 January 2, 2026 2.30 % 26,000 (117 ) $ 96,179 $ (340 ) (a) Receive floating rate index based upon one month LIBOR. At December 31, 2017, the one month LIBOR equaled 1.56%. For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the unrealized gain or loss on the derivative is reported as a component of comprehensive income (loss). The ineffective portion of the change in fair value, if any, is recognized directly in earnings. The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations and comprehensive loss for the years ended December 31, 2017, 2016 and 2015. Year Ended December 31, Derivatives in Cash Flow Hedging Relationships: 2017 2016 2015 Effective portion of derivatives $ 1,043 $ 1,861 $ (4,612 ) Reclassification adjustment for amounts included in net gain or loss (effective portion) $ 2,405 $ 4,038 $ 2,546 Ineffective portion of derivatives $ 7 $ 233 $ 365 The amount that is expected to be reclassified from accumulated other comprehensive income into income in the next twelve months is approximately ($124).

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity-Based Compensation	NOTE 8 – EQUITY-BASED COMPENSATION Under the Company’s Employee and Director Restricted Share Plan (“RSP”), restricted shares and restricted share units generally vest over a one to three year vesting period from the date of the grant, subject to the specific terms of the grant. On June 13, 2017, we issued 1,326 restricted shares and 442 restricted share units to our independent directors pursuant to the automatic grant provisions of the RSP, which become vested in equal installments of 33-1/3% on each of the first three anniversaries of June 13, 2017, subject to certain exceptions. On October 2, 2017, we issued 331 restricted shares and 110 restricted share units to our independent directors pursuant to the RSP, which become vested in equal installments of 33-1/3% on each of the first three anniversaries of October 2, 2017, subject to certain exceptions. Each restricted share and restricted share unit entitle the holder to receive one common share when it vests. Restricted shares and restricted units are included in common stock outstanding on the date of vesting. A summary table of the status of the restricted shares and restricted share units is presented below: Restricted Shares Restricted Share Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding at December 31, 2015 — — $ — $ — Granted 1,330 460 40 40 Vested — — — — Converted — — — — Forfeited — — — — Outstanding at December 31, 2016 1,330 460 40 40 Granted 1,657 600 51 51 Vested (444 ) (156 ) (13 ) (13 ) Converted — — — — Forfeited — — — — Outstanding at December 31, 2017 2,543 904 $ 78 $ 78

Income Tax and Distributions

Income Tax and Distributions	12 Months Ended
	Dec. 31, 2017
Income Tax And Distributions [Abstract]
Income Tax and Distributions	NOTE 9 – INCOME TAX AND DISTRIBUTIONS The Company paid distributions based on daily record dates, payable in arrears the following month, equal to a daily amount of $0.00410959 per share, based upon a 365-day period for 2017 and 2015. The Company paid distributions based on daily record dates, payable in arrears the following month, equal to a daily amount of $0.00409836 per share, based upon a 366-day period for 2016. The table below presents the distributions paid and declared for the years ended December 31, 2017, 2016 and 2015. December 31, 2017 2016 2015 Distributions paid $ 53,315 $ 52,358 $ 42,537 Distributions declared $ 53,364 $ 52,449 $ 44,908 For federal income tax purposes, distributions may consist of ordinary dividend income, qualified dividend income, non-taxable return of capital, capital gains or a combination thereof. Distributions to the extent of the Company’s current and accumulated earnings and profits for federal income tax purposes are taxable to the recipient as either ordinary dividend income or, if so declared by the Company, qualified dividend income or capital gain dividends. Distributions in excess of these earnings and profits (calculated for income tax purposes) constitute a non-taxable return of capital rather than ordinary dividend income or a capital gain distribution and reduce the recipient’s tax basis in the shares to the extent thereof. Distributions in excess of earnings and profits that reduce a recipient’s tax basis in the shares have the effect of deferring taxation of the amount of the distribution until the sale of the stockholder’s shares. If the recipient's tax basis is reduced to zero, distributions in excess of the aforementioned earnings and profits (calculated for income tax purposes) constitute taxable gain. In order to maintain the Company’s status as a REIT, the Company must annually distribute at least 90% of its REIT taxable income, subject to certain adjustments and excluding any net capital gain, to its stockholders. For the years ended December 31, 2017, 2016 and 2015, the Company’s taxable income was $10,045 (unaudited), $9,890 (unaudited) and $13,123 (unaudited), respectively The following table sets forth the taxability of distributions on common shares, on a per share basis, paid in 2017, 2016 and 2015 2017 2016 2015 (a) Ordinary income $ 0.29 $ 0.29 $ 0.50 Nontaxable return of capital $ 1.21 $ 1.21 $ 1.18 (a) On February 19, 2015, the Company paid an aggregate special distribution of $3,283 to stockholders of record as of January 30, 2015.

Earnings (Loss) per Share

Earnings (Loss) per Share	12 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Earnings (Loss) per Share	NOTE 10 – EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share (“EPS”) are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period (the “common shares”). Diluted EPS is computed by dividing net income (loss) by the common shares plus common share equivalents. The Company excludes antidilutive restricted shares and units from the calculation of weighted-average shares for diluted EPS. As a result of a net loss for the year ended December 31, 2017 and 2016, 1,507 shares and 1,214 shares, respectively, were excluded from the computation of diluted EPS, because they would have been antidilutive. As of December 31, 2015, the Company did not have any dilutive common share equivalents outstanding.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 11 – COMMITMENTS AND CONTINGENCIES The acquisition of certain of the Company’s properties included an earnout component to the purchase price that was recorded as a deferred investment property acquisition obligation (“Earnout liability”). The maximum potential earnout payment was $2,040 at December 31, 2017. The table below presents the change in the Company’s Earnout liability for the years ended December 31, 2017 and 2016. December 31, 2017 2016 Earnout liability-beginning of period $ 6,856 $ 18,871 Increases: Acquisitions — — Amortization expense 35 531 Decreases: Earnout payments (6,415 ) (9,067 ) Other: Adjustments to acquisition related costs 574 (3,479 ) Earnout liability – end of period $ 1,050 $ 6,856 The Company may be subject, from time to time, to various legal proceedings and claims that arise in the ordinary course of business. While the resolution of these matters cannot be predicted with certainty, management believes, based on currently available information, that the final outcome of such matters will not have a material adverse effect on the consolidated financial statements of the Company. In conjunction with its equity investment in the Mainstreet JV, the Company also agreed to provide subsidiaries of the Mainstreet JV mezzanine loans, in the aggregate amount of approximately $5,400. The loan term is for 48 months. The Company will earn interest at a rate of 14.5% per annum and will receive monthly interest payments based on a 10% pay rate. The remaining unpaid interest will be due at maturity or upon certain defined events. The mezzanine loans are guaranteed by one of the other members of the joint venture. The borrowers may draw on the mezzanine loans from time to time in connection with the construction of the rapid recovery healthcare facilities and are not expected to draw on the mezzanine loans until such time as the Company has fully funded its equity commitment to the Mainstreet JV. At December 31, 2017, the Company has not loaned any funds related to the mezzanine loans.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Segment Reporting	NOTE 12 – SEGMENT REPORTING The Company has one reportable segment, retail real estate, as defined by U.S. GAAP for the years ended December 31, 2017, 2016 and 2015.

Transactions with Related Parti

Transactions with Related Parties	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Transactions With Related Parties	NOTE 13 – TRANSACTIONS WITH RELATED PARTIES The Company was a member of a limited liability company formed as an insurance association captive, which was owned by the Company, IRC Retail Centers LLC, InvenTrust Properties Corp. and Retail Properties of America, Inc. The Company recorded its investment in investment in unconsolidated entities in the accompanying consolidated balance sheets. The Company’s share of net income from its investment was based on the ratio of each member’s premium contribution to the venture. The Company received its original capital investment of $100 and was allocated income of $21, income of $252 and a loss of $118 for the years ended December 31, 2017, 2016 and 2015, respectively. The Captive terminated its operations in March 2016 and dissolved in the fourth quarter of 2017 after all regulatory reports were filed. However, there is no assurance the Company will not be liable for any additional proportional costs associated with the termination of the Captive which have not been previously identified and paid. The Company owns 1,000 shares of common stock in The Inland Real Estate Group of Companies, Inc. with a recorded value of $1 at December 31, 2017, 2016 and 2015. This amount is included in other assets in the accompanying consolidated balance sheets. The following table summarizes the Company’s related party transactions for the years ended December 31, . Year ended December 31, Unpaid amounts as of 2017 2016 2015 December 31, 2017 December 31, 2016 General and administrative reimbursements (a) $ 1,608 $ 1,975 $ 1,367 $ 203 $ 274 Affiliate share purchase discounts (b) — — 28 — — Total general and administrative expenses $ 1,608 $ 1,975 $ 1,395 $ 203 $ 274 Acquisition related costs $ 274 $ 409 $ 1,388 $ — $ 88 Acquisition fees 1,266 1,327 9,580 51 — Total acquisition costs and fees (c) $ 1,540 $ 1,736 $ 10,968 $ 51 $ 88 Real estate management fees $ 4,800 $ 4,473 $ 2,762 $ — $ — Construction management fees 113 121 135 35 53 Leasing fees 214 168 40 51 89 Total real estate management related costs (d) $ 5,127 $ 4,762 $ 2,937 $ 86 $ 142 Offering costs (e) $ — $ — $ 41,180 $ — $ — Business management fees (f) $ 9,196 $ 8,580 $ 5,501 $ 2,325 $ 2,159 Sponsor contribution (g) $ — $ — $ 3,283 $ — $ — (a) The Business Manager and its related parties are entitled to reimbursement for certain general and administrative expenses incurred by the Business Manager and its related parties relating to the Company’s administration. Such costs are included in general and administrative expenses in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. (b) The Company established a discount stock purchase policy for related parties and related parties of the Business Manager that enabled the related parties to purchase shares of common stock at $22.50 per share in the Offering. The Company sold 11,252 shares to related parties during the year ended December 31, 2015. (c) The Company pays the Business Manager or its affiliates a fee equal to 1.5% of the “contract purchase price,” as defined, of each asset acquired. The Business Manager and its related parties are also reimbursed for acquisition and transaction related costs of the Business Manager and its related parties relating to the Company’s acquisition activities, regardless of whether the Company acquires the real estate assets. Of the $1,540 related party acquisition costs incurred during the year ended December 31, 2017, $1,260 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the accompanying consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. Of the $1,736 related party acquisition costs incurred during the year ended December 31, 2016, $74 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, all expenses are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, the Business Manager permanently waived acquisition fees of $2,510. No acquisition fees were waived for 2017 or 2016. (d) For each property that is managed by Inland Commercial Real Estate Services LLC (the “Real Estate Manager”) (and its predecessor), the Company pays a monthly real estate management fee of up to 1.9% of the gross income from any single-tenant, net-leased property, and up to 3.9% of the gross income from any other property type. The Real Estate Manager determines, in its sole discretion, the amount of the fee with respect to a particular property, subject to the limitations. For each property that is managed directly by the Real Estate Manager or its affiliates, the Company pays the Real Estate Manager a separate leasing fee. Further, in the event that the Company engages its Real Estate Manager to provide construction management services for a property, the Company pays a separate construction management fee. Leasing fees are included in deferred costs, net and construction management fees are included in building and other improvements in the accompanying consolidated balance sheets. The Company also reimburses the Real Estate Manager and its affiliates for property-level expenses that they pay or incur on the Company’s behalf, including the salaries, bonuses and benefits of persons performing services for the Real Estate Manager and its affiliates except for the salaries, bonuses and benefits of persons who also serve as an executive officer of the Real Estate Manager or the Company. Real estate management fees and reimbursable expenses are included in property operating expenses in the accompanying consolidated statements of operations and comprehensive loss. (e) A related party of the Business Manager received selling commissions equal to 7.0% of the sale price for each share sold and a marketing contribution equal to 3.0% of the gross offering proceeds from shares sold in the Offering, the majority of which was re-allowed (paid) to third party soliciting dealers. The Company also reimbursed a related party of the Business Manager and the third party soliciting dealers for bona fide, out-of-pocket itemized and detailed due diligence expenses in amounts up to 0.5% of the gross offering proceeds. The Company reimbursed the Sponsor, its affiliates and third parties for costs and other expenses of the Offering that they paid on the Company’s behalf, in an amount not to exceed 1.5% of the gross offering proceeds from shares sold in the Offering. The Company does not pay selling commissions or the marketing contribution or reimburse issuer costs in connection with shares of common stock issued through the DRP. Offering costs are offset against the stockholders’ equity accounts. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. (f) The Company pays the Business Manager an annual business management fee equal to 0.65% of its “average invested assets”. The fee is payable quarterly in an amount equal to 0.1625% of its average invested assets as of the last day of the immediately preceding quarter. “Average invested assets” means, for any period, the average of the aggregate book value of the Company’s assets, including all intangibles and goodwill, invested, directly or indirectly, in equity interests in, and loans secured by, properties, as well as amounts invested in securities and consolidated and unconsolidated joint ventures or other partnerships, before reserves for amortization and depreciation or bad debts, impairments or other similar non-cash reserves, computed by taking the average of these values at the end of each month during the relevant calendar quarter. (g) During the year ended December 31, 2015, the Sponsor contributed $3,283 to the Company. The Sponsor has not received, and will not receive, any additional shares of the Company’s common stock for making this contribution. There is no assurance that the Sponsor will continue to contribute any additional monies.

Operating Leases

Operating Leases	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Operating Leases	NOTE 14 – OPERATING LEASES Minimum lease payments to be received under operating leases including ground leases, as of December 31, 2017 Minimum Payments 2018 $ 92,365 2019 85,756 2020 79,083 2021 73,330 2022 63,477 Thereafter 236,458 Total $ 630,469 The remaining lease terms range from less than one year to 19 years. Most of the revenue from the Company’s properties consists of rents received under long-term operating leases. Most leases require the tenant to pay fixed base rent paid monthly in advance, and to reimburse the Company for the tenant’s pro rata share of certain operating expenses including real estate taxes, special assessments, insurance, utilities, common area maintenance, management fees, and certain building repairs paid by the Company and recoverable under the terms of the lease. Under these leases, the Company pays all expenses and is reimbursed by the tenant for the tenant’s pro rata share of recoverable expenses paid. Certain other tenants are subject to net leases which provide that the tenant is responsible for fixed base rent as well as all costs and expenses associated with occupancy. Under net leases where all expenses are paid directly by the tenant rather than the landlord, such expenses are not included in the consolidated statements of operations and comprehensive loss. Under leases where all expenses are paid by the Company, subject to reimbursement by the tenant, the expenses are included within property operating expenses and reimbursements are included in tenant recovery income on the consolidated statements of operations and comprehensive loss.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 15 – FAIR VALUE MEASUREMENTS Fair Value Hierarchy The Company defines fair value based on the price that it believes would be received upon sale of an asset or the exit price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value. The fair value hierarchy consists of three broad levels, which are described below: Level 1 − Quoted prices in active markets for identical assets or liabilities that the entity has the ability to access. Level 2 − Observable inputs, other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 − Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company has estimated the fair value of its financial and non-financial instruments using available market information and valuation methodologies the Company believes to be appropriate for these purposes. Recurring Fair Value Measurements For assets and liabilities measured at fair value on a recurring basis, the table below presents the fair value of the Company’s cash flow hedges as well as their classification on the consolidated balance sheets as of December 31, 2017 and 2016, respectively. Fair Value Level 1 Level 2 Level 3 Total December 31, 2017 Interest rate swap agreements - Other assets $ — $ 6,136 $ — $ 6,136 Interest rate swap agreements - Other liabilities $ — $ 340 $ — $ 340 December 31, 2016 Interest rate swap agreements - Other assets $ — $ 4,250 $ — $ 4,250 Interest rate swap agreements - Other liabilities $ — $ 1,909 $ — $ 1,909 The fair value of derivative instruments was estimated based on data observed in the forward yield curve which is widely observed in the marketplace. The Company also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the counterparty's nonperformance risk in the fair value measurements which utilize Level 3 inputs, such as estimates of current credit spreads. The Company has determined that the credit valuation adjustments are not significant to the overall valuation of its derivative interest rate swap agreements and therefore has classified these in Level 2 of the hierarchy. Non-recurring Fair Value Measurements The table below presents activity for the Company’s assets measured at fair value on a non-recurring basis. The Company recognized an impairment charge to reflect an investment at its estimated fair value for the year ended December 31, 2017, which is included in provision for impairment of investment property on the accompanying consolidated statements of operations and comprehensive loss. During the years ended December 31, 2016 and 2015 no Fair Value Level 1 Level 2 Level 3 Total Total Impairment Loss Investment property $ — $ — $ 5,557 $ 5,557 $ 8,530 Total $ — $ — $ 5,557 $ 5,557 $ 8,530 As of December 31, 2017, the Company identified indicators of impairment at one of its investment properties. Such indicators included a low occupancy rate, difficulty in leasing space, declining market rents and the related cost of re-leasing. The fair value of this investment property was estimated using the 10-year discounted cash flow model, w hich includes estimated inflows and outflows over a specific holding period and estimated net disposition proceeds at the end of the 10-year period

Quarterly Supplemental Financia

Quarterly Supplemental Financial Information	12 Months Ended
	Dec. 31, 2017
Notes To Financial Statements [Abstract]
Quarterly Supplemental Financial Information	NOTE 16 – QUARTERLY SUPPLEMENTAL FINANCIAL INFORMATION (UNAUDITED) The following represents the results of operations, for each quarterly period, during 2017 and 2016. 2017 Dec 31 Sept 30 Jun 30 Mar 31 Total income $ 32,529 $ 32,110 $ 32,911 $ 31,607 Net loss $ (10,811 ) $ (2,856 ) $ (3,631 ) $ (1,804 ) Net loss per common share, basic and diluted (1) $ (0.30 ) $ (0.08 ) $ (0.10 ) $ (0.05 ) Weighted average number of common shares outstanding, basic and diluted (1) 35,615,539 35,657,535 35,580,556 35,428,360 2016 Dec 31 Sept 30 Jun 30 Mar 31 Total income $ 30,921 $ 30,903 $ 30,295 $ 29,379 Net loss $ (459 ) $ (961 ) $ (2,300 ) $ (4,241 ) Net loss per common share, basic and diluted (1) $ (0.01 ) $ (0.03 ) $ (0.07 ) $ (0.12 ) Weighted average number of common shares outstanding, basic and diluted (1) 35,255,079 35,074,161 34,867,650 34,654,004 (1) Quarterly net loss per common share amounts may not total the annual amounts due to rounding and the changes in the number of weighted common shares outstanding.

Schedule - Schedule III Real Es

Schedule - Schedule III Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2017
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	INLAND REAL ESTATE INCOME TRUST, INC. Schedule III Real Estate and Accumulated Depreciation December 31, 2017 (Dollar amounts in thousands) Initial Gross amount carried at end of period (B) Property Name Encum- brance Land Buildings and Improve- ments Cost Capita- lized Subse- quent to Acquisi- tions Land(C) Buildings and Improve- ments (C) Total (C) Accumu- lated Deprecia- tion (E) Date Con- structed Date Acquired Depre- ciable Lives 2727 Iowa St (D) $ — $ 2,154 $ 16,079 $ 49 $ 2,154 $ 16,128 $ 18,282 $ (1,520 ) 2014-2015 2015 15-30 Lawrence, KS Blossom Valley Plaza (D) — 9,515 11,142 437 9,515 11,579 21,094 (966 ) 1988 2015 15-30 Turlock, CA Branson Hills Plaza — 3,787 6,039 — 3,787 6,039 9,826 (694 ) 2005 2014 15-30 Branson, MO Coastal North Town Center 43,680 13,725 49,673 (744 ) 13,725 48,929 62,654 (2,982 ) 2014 2016 15-30 Myrtle Beach, SC Coastal North Town Center - Phase II — 365 3,034 — 365 3,034 3,399 (54 ) 2016 2017 15-30 Myrtle Beach, SC Dixie Valley 6,798 2,807 9,053 949 2,807 10,002 12,809 (1,181 ) 1988 2014 15-30 Louisville, KY Dogwood Festival 24,352 4,500 41,865 1,472 4,500 43,337 47,837 (5,654 ) 2002 2014 5-30 Flowood, MO Dollar General 558 159 857 — 159 857 1,016 (160 ) 2012 2012 15-30 Brooks, GA Dollar General 481 69 761 — 69 761 830 (142 ) 2012 2012 15-30 Daleville, AL Dollar General 520 148 780 — 148 780 928 (150 ) 2012 2012 15-30 East Brewton, AL Dollar General (Hamilton) 621 100 986 — 100 986 1,086 (183 ) 2012 2012 15-30 LaGrange, GA Dollar General (Wares Cross) 681 248 943 — 248 943 1,191 (176 ) 2012 2012 15-30 LaGrange, GA Dollar General 695 273 939 — 273 939 1,212 (181 ) 2012 2012 15-30 Madisonville, TN Dollar General 631 249 841 — 249 841 1,090 (157 ) 2012 2012 15-30 Maryville, TN Dollar General 601 208 836 — 208 836 1,044 (156 ) 2012 2012 15-30 Mobile, AL Dollar General 586 200 818 — 200 818 1,018 (149 ) 2012 2012 15-30 Newport, TN Dollar General 847 324 1,178 — 324 1,178 1,502 (226 ) 2012 2012 15-30 Robertsdale, AL Dollar General 531 119 805 — 119 805 924 (150 ) 2012 2012 15-30 Valley, AL Dollar General 692 272 939 — 272 939 1,211 (181 ) 2012 2012 15-30 Wetumpka, AL Eastside Junction 6,223 2,411 8,393 — 2,411 8,393 10,804 (895 ) 2008 2015 15-30 Athens, AL Fairgrounds Crossing 13,453 6,069 22,637 — 6,069 22,637 28,706 (2,257 ) 2008 2015 15-30 Hot Springs, AR Fox Point Plaza 10,837 3,518 12,681 717 3,518 13,398 16,916 (1,599 ) 2008 2014 15-30 Neenah, WI Frisco Marketplace (D) — 6,618 3,315 — 6,618 3,315 9,933 (419 ) 2002 2015 15-30 Frisco, TX Green Tree Shopping Center 13,100 7,218 17,846 (102 ) 7,218 17,744 24,962 (1,771 ) 1997 2015 5-30 Katy, TX Harris Plaza (D) — 6,500 19,403 1,324 6,500 20,727 27,227 (3,223 ) 2001-2008 2014 15-30 Layton, UT Harvest Square 6,707 2,186 9,330 136 2,186 9,466 11,652 (1,105 ) 2008 2014 15-30 Harvest, AL Heritage Square 4,460 2,028 5,538 260 2,028 5,798 7,826 (651 ) 2010 2014 15-30 Conyers, AL Kroger - Copps Grocery Store (D) — 1,440 11,799 — 1,440 11,799 13,239 (1,304 ) 2012 2014 15-30 Stevens Point, WI Kroger - Pick n Save Center 9,561 3,150 14,283 375 3,150 14,658 17,808 (1,756 ) 2011 2014 15-30 West Bend, WI Lakeside Crossing 9,910 1,460 16,999 271 1,460 17,270 18,730 (2,233 ) 2013 2014 15-30 Lynchburg, VA Landing at Ocean Isle Beach (D) — 3,053 7,081 69 3,053 7,150 10,203 (907 ) 2009 2014 15-30 Ocean Isle, NC Mansfield Pointe 14,200 5,350 20,002 2 5,350 20,004 25,354 (2,787 ) 2008 2014 15-30 Mansfield, TX Marketplace at El Paseo 38,000 16,390 46,971 (517 ) 16,390 46,454 62,844 (3,654 ) 2014 2015 15-30 Fresno, CA Marketplace at Tech Center 47,550 10,684 68,580 (208 ) 10,684 68,372 79,056 (4,844 ) 2015 2015 15-30 Newport News, VA MidTowne Shopping Center 20,725 8,810 29,699 456 8,810 30,155 38,965 (4,116 ) 2005/2008 2014 5-30 Little Rock, AR Milford Marketplace 18,727 — 35,867 40 — 35,907 35,907 (2,885 ) 2007 2015 15-30 Milford, CT Newington Fair (D) — 7,833 8,329 331 7,833 8,660 16,493 (1,968 ) 1994/2009 2012 15-30 Newington, CT North Hills Square 5,525 4,800 5,493 183 4,800 5,676 10,476 (786 ) 1997 2014 15-30 Coral Springs, FL Oquirrh Mountain Marketplace (D) — 4,254 14,467 (156 ) 4,254 14,311 18,565 (1,085 ) 2014-2015 2015 15-30 Jordan, UT Oquirrh Mountain Marketplace Phase II (D) — 1,403 3,727 (54 ) 1,403 3,673 5,076 (217 ) 2014-2015 2016 15-30 Jordan, UT Park Avenue Shopping Center 14,062 5,500 16,365 2,932 5,500 19,297 24,797 (2,551 ) 2012 2014 15-30 Little Rock, AR Pentucket Shopping Center 14,700 5,993 11,251 29 5,993 11,280 17,273 (327 ) 1986 2017 15-30 Plaistow, NH Plaza at Prairie Ridge (D) — 618 2,305 — 618 2,305 2,923 (234 ) 2008 2015 15-30 Pleasant Prairie, WI Prattville Town Center 15,930 5,336 27,672 90 5,336 27,762 33,098 (2,817 ) 2007 2015 15-30 Prattville, AL Regal Court 26,000 5,873 41,181 1,151 5,873 42,332 48,205 (4,211 ) 2008 2015 5-30 Shreveport, LA Settlers Ridge 76,533 25,961 98,157 186 25,961 98,343 124,304 (8,317 ) 2011 2015 15-30 Pittsburgh, PA Shoppes at Lake Park (D) — 2,285 8,527 — 2,285 8,527 10,812 (904 ) 2008 2015 15-30 West Valley City. UT Shoppes at Market Pointe 13,700 12,499 8,388 590 12,499 8,978 21,477 (1,247 ) 2006-2007 2015 15-30 Papillion, NE Shoppes at Prairie Ridge 15,591 7,521 22,468 279 7,521 22,747 30,268 (2,454 ) 2009 2014 15-30 Pleasant Prairie, WI The Shoppes at Branson Hills 20,240 4,418 37,229 920 4,418 38,149 42,567 (4,078 ) 2005 2014 15-30 Branson, MO Shops at Hawk Ridge (D) — 1,329 10,341 240 1,329 10,581 11,910 (1,096 ) 2009 2015 5-30 St. Louis, MO Treasure Valley (D) — 3,133 12,000 — 3,133 12,000 15,133 (1,177 ) 2014 2015 15-30 Nampa, ID Village at Burlington Creek 17,723 10,789 19,385 342 10,789 19,727 30,516 (1,807 ) 2007 & 2015 2015 5-30 Kansas City, MO Walgreens Plaza 4,650 2,624 9,683 199 2,624 9,882 12,506 (1,010 ) 2011 2015 15-30 Jacksonville, NC Wedgewood Commons 15,260 2,220 26,577 129 2,220 26,706 28,926 (3,745 ) 2009-2013 2013 5-30 Olive Branch, MS Whispering Ridge (D) — 1,627 10,418 (6,670 ) 1,627 3,748 5,375 — 2007 2015 5-30 Omaha, NE White City 49,400 18,961 70,423 1,679 18,961 72,102 91,063 (6,990 ) 2013 2015 15-30 Shrewsbury, MA Wilson Marketplace 24,480 11,155 27,498 — 11,155 27,498 38,653 (926 ) 2007 2017 15-30 Wilson, NC Yorkville Marketplace (D) — 4,990 13,928 498 4,990 14,426 19,416 (1,679 ) 2002 & 2007 2015 15-30 Yorkville, IL Total: $ 609,521 $ 277,229 $ 1,003,804 $ 7,884 $ 277,229 $ 1,011,688 $ 1,288,917 $ (101,094 ) Notes: (A) The initial cost to the Company represents the original purchase price of the property including impairment charges recorded subsequent to acquisition to reduce basis. (B) The aggregate cost of real estate owned at December 31, 2017 and 2016 for federal income tax purposes was approximately $1,440,279 and $1,364,864, respectively (unaudited). (C) Reconciliation of real estate owned: 2017 2016 2015 Balance at January 1, $ 1,233,231 $ 1,161,437 $ 414,463 Acquisitions 59,306 68,977 743,893 Improvements, net of master lease 5,594 2,817 3,081 Impairment of investment property (9,214 ) — — Balance at December 31, $ 1,288,917 $ 1,233,231 $ 1,161,437 (D) These properties serve as security for our Credit Facility. (E) Reconciliation of accumulated depreciation: Balance at January 1, $ 62,631 $ 27,545 $ 6,236 Depreciation expense 39,497 35,086 21,309 Impairment of investment property (1,034 ) — — Balance at December 31, $ 101,094 $ 62,631 $ 27,545

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
General	General The accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP and require 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. In the opinion of management, all adjustments necessary for a fair statement, in all material respects, of the financial position and results of operations for the periods are presented. Actual results could differ from those estimates. Information with respect to square footage and occupancy is unaudited.
Consolidation	Consolidation The accompanying consolidated financial statements include the accounts of the Company, as well as all wholly owned subsidiaries. Wholly owned subsidiaries generally consist of limited liability companies (“LLCs”). All intercompany balances and transactions have been eliminated in consolidation. Each property is owned by a separate legal entity which maintains its own books and financial records and each entity’s assets are not available to satisfy the liabilities of other affiliated entities. The fiscal year-end of the Company is December 31.
Acquisitions	Acquisitions Upon acquisition of real estate investment properties, the Company allocates the total purchase price of each property that is accounted for as an asset acquisition based on the relative fair value of the tangible and intangible assets acquired and liabilities assumed based on Level 3 inputs, such as comparable sales values, discount rates, capitalization rates, revenue and expense growth rates and lease-up assumptions, from a third party appraisal or other market sources. The acquisition date is the date on which the Company obtains control of the real estate investment property and transaction costs are capitalized. Assets and liabilities acquired typically include land, building and site improvements and identified intangible assets and liabilities, consisting of the value of above market and below market leases and the value of in-place leases. The portion of the purchase price allocated to above market lease values are included in acquired lease intangible assets, net and is amortized on a straight-line basis over the term of the related lease as a reduction to rental income. The portion allocated to below market lease values are included in acquired intangible liabilities, net and is amortized as an increase to rental income over the term of the lease including any renewal periods with fixed rate renewals. The portion of the purchase price allocated to acquired in-place lease value is included in acquired lease intangible assets, net and is amortized on a straight-line basis over the acquired leases’ weighted average remaining term. The Company determines the fair value of the tangible assets consisting of land and buildings by valuing the property as if it were vacant, and the “as-if-vacant” value is then allocated to land and buildings. The Company determines the fair value of assumed debt by calculating the net present value of the mortgage payments using interest rates for debt with similar terms and maturities. Differences between the fair value and the stated value is recorded as a discount or premium and amortized over the remaining term using the effective interest method. Certain of the Company’s properties included earnout components to the purchase price, meaning the Company did not pay a portion of the purchase price of the property at closing, although the Company owns the entire property. The Company is not obligated to settle the contingent portion of the purchase price unless space which was vacant at the time of acquisition is later leased by the seller within the time limits and parameters set forth in the related acquisition agreements. The Company’s policy is to record earnout components when estimable and probable. In January 2017, the Financial Accounting Standards Board (“FASB”) issued guidance that clarified the definition of a business and assists in the evaluation of whether a transaction should be accounted for as an acquisition of an asset or a business combination. The Company early adopted the new guidance and modified its accounting policy effective October 1, 2016. Prior to October 1, 2016, the Company expensed all acquisition expenses as incurred whether or not the acquisition was completed, and assets acquired and liabilities assumed were measured at their fair values rather than at their relative fair values as described above. Additionally, earnouts were recorded as additional purchase price of the related property and as a liability included in deferred investment property acquisition obligations on the accompanying consolidated balance sheets. The amount recorded was based on the Company’s best estimate of the potential future earnout payments at the date of an acquisition. The Company recorded the effect of changes in the underlying liability assumptions in acquisition related costs on the accompanying consolidated statements of operations and comprehensive loss.
Impairment of Investment Properties	Impairment of Investment Properties The Company assesses the carrying values of its respective long-lived assets whenever events or changes in circumstances indicate that the carrying amounts of these assets may not be fully recoverable. Recoverability of the assets is measured by comparison of the carrying amount of the asset to the estimated future undiscounted cash flows. In order to review its assets for recoverability, the Company considers current market conditions, as well as its intent with respect to holding or disposing of the asset. If the Company’s analysis indicates that the carrying value of the long-lived asset is not recoverable on an undiscounted cash flow basis, the Company recognizes an impairment charge for the amount by which the carrying value exceeds the current estimated fair value of the real estate property. Fair value is determined through various valuation techniques, including discounted cash flow models, quoted market values and third party appraisals, where considered necessary (Level 3 inputs). The Company estimates the future undiscounted cash flows based on management’s intent as follows: (i) for real estate properties that the Company intends to hold long-term, including land held for development, properties currently under development and operating buildings, recoverability is assessed based on the estimated future net rental income from operating the property and termination value; and (ii) for real estate properties that the Company intends to sell, including land parcels, properties currently under development and operating buildings, recoverability is assessed based on estimated net proceeds, including net rental income during the holding period, from disposition that are estimated based on future net rental income of the property and utilizing expected market capitalization rates. The use of projected future cash flows is based on assumptions that are consistent with our estimates of future expectations and the strategic plan the Company uses to manage its underlying business. However, assumptions and estimates about future cash flows, including comparable sales values, discount rates, capitalization rates, revenue and expense growth rates and lease-up assumptions which impact the discounted cash flow approach to determining value are complex and subjective. Changes in economic and operating conditions and the Company’s ultimate investment intent that occur subsequent to the impairment analysis could impact these assumptions and result in future impairment charges of real estate properties. During the year ended December 31, 2017, the Company recorded an impairment charge of $8,530 which is included in provision for impairment of investment property on the accompanying consolidated statements of operations and comprehensive loss. During the years ended December 31, 2016 and 2015 no
REIT Status	REIT Status The Company has qualified and elected to be taxed as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, for federal income tax purposes commencing with the tax year ended December 31, 2013. As a result, the Company generally will not be subject to federal income tax on taxable income that is distributed to stockholders. A REIT is subject to a number of organizational and operational requirements, including a requirement that it currently distributes at least 90% of its REIT taxable income (subject to certain adjustments and excluding any net capital gain) to its stockholders. The Company will monitor the business and transactions that may potentially impact its REIT status. If the Company fails to qualify as a REIT in any taxable year, without the benefit of certain relief provisions, the Company will be subject to federal and state income tax on its taxable income at regular corporate tax rates. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income, property or net worth and federal income and excise taxes on its undistributed income.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all demand deposits, money market accounts and all short term investments with a maturity of three months or less, at the date of purchase, to be cash equivalents. The account balance may exceed the Federal Deposit Insurance Corporation (“FDIC”) insurance coverage and, as a result, there could be a concentration of credit risk related to amounts on deposit in excess of FDIC insurance coverage. The Company believes that the risk will not be significant, as the Company does not anticipate the financial institutions’ non-performance.
Valuation of Accounts and Rents Receivable	Valuation of Accounts and Rents Receivable The Company takes into consideration certain factors that require judgments to be made as to the collectability of receivables. Collectability factors taken into consideration are the amounts outstanding and payment history of the tenant, which taken as a whole determines the valuation. Allowances are taken for those balances that the Company deems to be uncollectible, including any amounts relating to straight-line income receivables.
Capitalization and Depreciation	Capitalization and Depreciation Real estate acquisitions are recorded at cost less accumulated depreciation. Improvement and betterment costs are capitalized, and ordinary repairs and maintenance are expensed as incurred. Cost capitalization and the estimate of useful lives require judgment and include significant estimates that can and do change. Depreciation expense is computed using the straight-line method. The Company anticipates the estimated useful lives of its assets by class to be generally: Building and other improvements 30 years Site improvements 5-15 years Furniture, fixtures and equipment 5-15 years Tenant improvements Shorter of the life of the asset or the term of the related lease Leasing fees Term of the related lease Depreciation expense was approximately $39,497, $35,086 and $21,309 for the years ended December 31, 2017, 2016 and 2015, respectively.
Partially-Owned Entities	Partially-Owned Entities The Company will consolidate the operations of a joint venture if the Company determines that it is either the primary beneficiary of a variable interest entity (VIE) or has substantial influence and control of the entity. In instances where the Company determines that it is not the primary beneficiary of a VIE or the Company does not control the joint venture but can exercise influence over the entity with respect to its operations and major decisions, the Company will use the equity method of accounting. Under the equity method, the operations of a joint venture will not be consolidated with the Company’s operations but instead its share of operations will be reflected as equity in earnings (loss) of unconsolidated entity on its consolidated statements of operations and comprehensive loss. Additionally, the Company’s net investment in the joint venture will be reflected as investment in unconsolidated entity on the consolidated balance sheets.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs are amortized on a straight-line basis, which approximates the effective interest method, over the term, or anticipated repayment date, of the related agreements as a component of interest expense. These costs are reported as a direct deduction to the Company’s outstanding mortgages and credit facility payable. The adoption of Accounting Standards Update (“ASU”) No. 2015-03, Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt issuance Costs
Fair Value Measurements	Fair Value Measurements The Company has estimated fair value using available market information and valuation methodologies the Company believes to be appropriate for these purposes. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that would be realized upon disposition. The Company defines fair value based on the price that it believes would be received upon sale of an asset or the exit price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value. The fair value hierarchy consists of three broad levels, which are described below: Level 1 − Quoted prices in active markets for identical assets or liabilities that the entity has the ability to access. Level 2 − Observable inputs, other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 − Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The Company’s cash equivalents, accounts receivable and payables and accrued expenses all approximate fair value due to the short term nature of these financial instruments. The Company’s financial instruments measured on a recurring basis include derivative interest rate instruments.
Derivatives	Derivatives The Company uses derivative instruments, such as interest rate swaps, primarily to manage exposure to interest rate risks inherent in variable rate debt. The Company may also enter into forward starting swaps or treasury lock agreements to set the effective interest rate on a planned fixed-rate financing. The Company’s interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. In a forward starting swap or treasury lock agreement that the Company cash settles in anticipation of a fixed rate financing or refinancing, the Company will receive or pay an amount equal to the present value of future cash flow payments based on the difference between the contract rate and market rate on the settlement date. The Company does not use derivatives for trading or speculative purposes and currently does not have any derivatives that are not designated as hedging instruments under the accounting requirements for derivatives and hedging.
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. The determination of who is the owner, for accounting purposes, of the tenant improvements determines the nature of the leased asset and when revenue recognition under a lease begins. 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 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 by the Company under the lease are treated as lease incentives which reduce revenue recognized over the term of the lease. In these circumstances, the Company begins revenue recognition when the lessee takes possession of the unimproved space for the lessee to construct their own improvements. 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. Rental income is recognized on a straight-line basis over the term of each lease. The difference between rental income earned on a straight-line basis and the cash rent due under the provisions of the lease agreements is recorded as deferred rent receivable and is included as a component of accounts and rent receivable in the accompanying consolidated balance sheets. Due to the impact of the straight-line basis, rental income generally will be greater than the cash collected in the early years and will decrease in the later years of a lease. Reimbursements from tenants for recoverable real estate tax and operating expenses are accrued as revenue in the period the applicable expenses are incurred. The Company makes certain assumptions and judgments in estimating the reimbursements at the end of each reporting period. The Company does not expect the actual results to materially differ from the estimated reimbursement. The Company records lease termination income if there is a signed termination agreement, all of the conditions of the agreement have been met, the tenant is no longer occupying the property and amounts due are considered collectible. Upon early lease termination, the Company provides for gains or losses related to unrecovered intangibles and other assets. As a lessor, the Company defers the recognition of contingent rental income, such as percentage rent, until the specified target that triggered the contingent rental income is achieved.
Equity-Based Compensation	Equity-Based Compensation The Company has restricted shares and units outstanding at December 31, 2017 and 2016. The Company recognizes expense related to the fair value of equity-based compensation awards as general and administrative expense in the accompanying consolidated statements of operations and comprehensive loss. The Company primarily recognizes expense based on the fair value at the grant date on a straight-line basis over the vesting period representing the requisite service period. See Note 8 - "Equity-Based Compensation" for further information.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities. • expands hedge accounting for nonfinancial and financial risk components and amends measurement methodologies to more closely align hedge accounting with a company’s risk management activities; • decreases the complexity of preparing hedge results through eliminating separate measurement and reporting of hedge ineffectiveness; • enhances disclosures and changes presentation of hedge results to align the effects of the hedging instrument and the hedged item; • simplifies the assessment of hedge effectiveness. The amendment is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early application is permitted in any interim period after issuance of the update. For cash flow and net investment hedges existing at the date of adoption, an entity should apply a cumulative-effect adjustment related to eliminating the separate measurement of ineffectiveness to accumulated other comprehensive income with a corresponding adjustment to the opening balance of retained earnings as of the beginning of the fiscal year that an entity adopts the amendments in this update. The amended presentation and disclosure guidance is required only prospectively. The Company continues to evaluate ASU No. 2017-12 to determine the impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. will require that amounts described as restricted cash and restricted cash equivalents be included in beginning and ending-of-period reconciliation cash shown on the statement of cash flows. The amendment is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230). In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). Leases In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Assets	Cost capitalization and the estimate of useful lives require judgment and include significant estimates that can and do change. Depreciation expense is computed using the straight-line method. The Company anticipates the estimated useful lives of its assets by class to be generally: Building and other improvements 30 years Site improvements 5-15 years Furniture, fixtures and equipment 5-15 years Tenant improvements Shorter of the life of the asset or the term of the related lease Leasing fees Term of the related lease

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2017
Business Acquisition [Line Items]
Schedule of Major Assets Acquired and Liabilities Assumed	The following table presents certain additional information regarding the Company’s acquisitions during the years ended December 31, 2017 and 2016. The amounts recognized for major assets acquired and liabilities assumed as of the acquisition date are as follows: For the Year Ended December 31, 2017 2016 (a) Land $ 17,513 $ 15,128 Building and improvements 41,793 53,849 Acquired lease intangible assets, net 15,385 13,848 Acquired intangible liabilities, net (4,589 ) (3,432 ) Fair value adjustment related to the assumption of mortgages payable — — Deferred investment property acquisition obligations — — Assumed liabilities, net (149 ) (359 ) Total $ 69,953 $ 79,034 (a) Total for the year ended December 31, 2016 includes $1,720 for 4,200 square feet acquired at Oquirrh Mountain Marketplace and $533 for 1,766 square feet at Park Avenue Shopping Center.
2017 Acquisitions [Member]
Business Acquisition [Line Items]
Schedule of Acquisitions	2017 Acquisitions During the year ended December 31, 2017 Date Acquired Property Name Location Property Type Square Footage Purchase Price (a) 1st Quarter 1/27/2017 Wilson Marketplace (b) Wilson, NC Multi-Tenant Retail 311,030 $ 40,783 2nd Quarter 4/3/2017 Pentucket Shopping Center (b) Plaistow, NH Multi-Tenant Retail 198,469 24,100 3rd Quarter 7/14/2017 Coastal North Town Center - Phase II Myrtle Beach, SC Retail 6,588 3,716 516,087 $ 68,599 (a) Contractual purchase price excluding closing credits. (b) Subsequent to the acquisition date, first mortgages were placed on the properties.
2016 Acquisitions [Member]
Business Acquisition [Line Items]
Schedule of Acquisitions	2016 Acquisitions During the year ended December 31, 2016 and Date Acquired Property Name Location Property Type Square Footage Purchase Price 2nd Quarter 4/22/16 Coastal North Town Center Myrtle Beach, SC Multi-Tenant Retail 304,662 $ 72,811 4/22/16 Oquirrh Mountain Marketplace Phase II South Jordan, UT Multi-Tenant Retail 10,150 4,329 314,812 $ 77,140

Investment in Unconsolidated 27

Investment in Unconsolidated Entities (Tables)	12 Months Ended
	Dec. 31, 2017
Equity Method Investments And Joint Ventures [Abstract]
Schedule of Unconsolidated Joint Ventures	The following table summarizes the Company’s unconsolidated joint ventures: Investment in unconsolidated entities Entity Company's Profit/Loss Allocation at December 31, 2017 Remaining Commitment December 31, 2017 December 31, 2016 Mainstreet Texas Development Fund, LLC ("Mainstreet JV") (a) 83 % $ 1,783 $ 7,125 $ — Oak Property Casualty, LLC ("Captive") (b) n/a — — 126 $ 7,125 $ 126 (a) In August 2017, the Company, through a wholly owned taxable REIT subsidiary, made an equity commitment to Mainstreet JV in order to develop, construct, lease, finance and sell parcels of land and related building improvements including personal property which are to be operated as rapid recovery healthcare facilities located in Beaumont, Amarillo and Temple, Texas. The investment balance includes capitalized acquisition, interest and legal costs of $157. (b) The Company was a member of a limited liability company formed as an insurance association captive, which was owned by the Company, IRC Retail Centers LLC, InvenTrust Properties Corp. and Retail Properties of America, Inc. See Note 13 – “Transactions with Related Parties.”

Acquired Intangible Assets an28

Acquired Intangible Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Liabilities	The following table summarizes the Company’s identified intangible assets and liabilities as of December 31, 2017 and 2016: December 31, 2017 December 31, 2016 Intangible assets: Acquired in-place lease value $ 165,182 $ 159,679 Acquired above market lease value 45,824 37,179 Accumulated amortization (72,348 ) (46,750 ) Acquired lease intangibles, net $ 138,658 $ 150,108 Intangible liabilities: Acquired below market lease value $ 71,551 $ 66,962 Above market ground lease 5,169 5,169 Accumulated amortization (14,450 ) (8,657 ) Acquired below market lease intangibles, net $ 62,270 $ 63,474
Schedule of Amortization of Acquired In Place Lease Value, Above Market Ground Lease, Above and Below Market Lease Values	Amortization pertaining to acquired in-place lease value, above market ground lease, above market lease value and below market lease value is summarized below: Amortization recorded as amortization expense: 2017 2016 2015 Acquired in-place lease value $ 22,104 $ 24,174 $ 13,170 Amortization recorded as a reduction to property operating expense: Above market ground lease $ 94 $ 94 $ 24 Amortization recorded as a (reduction) increase to rental income: Acquired above market leases $ (4,379 ) $ (4,341 ) $ (2,334 ) Acquired below market leases 5,700 5,059 2,986 Net rental income increase $ 1,321 $ 718 $ 652
Schedule of Estimated Amortization of Intangible Lease Assets and Liabilities	Estimated amortization of the respective intangible lease assets and liabilities as of December 31, 2017 for each of the five succeeding years and thereafter is as follows: Acquired In-Place Leases Above Market Leases Below Market Leases Above Market Ground Lease 2018 $ 18,995 $ 3,794 $ (4,470 ) $ (94 ) 2019 17,031 3,430 (4,325 ) (94 ) 2020 14,012 3,091 (4,104 ) (94 ) 2021 11,475 3,021 (3,917 ) (94 ) 2022 8,830 2,715 (3,657 ) (94 ) Thereafter 33,955 18,309 (36,838 ) (4,489 ) Total $ 104,298 $ 34,360 $ (57,311 ) $ (4,959 )

Debt and Derivative Instrumen29

Debt and Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of Mortgages and Credit Facilities Payable	As of December 31, 2017 and 2016, the Company had the following mortgages and credit facility payable: December 31, 2017 December 31, 2016 Type of Debt Principal Amount Weighted Average Interest Rate Principal Amount Weighted Average Interest Rate Fixed rate mortgages payable $ 171,851 4.25 % $ 178,345 4.31 % Variable rate mortgages payable with swap agreements 383,517 3.49 % 354,488 3.42 % Variable rate mortgages payable 54,153 3.26 % 44,003 2.50 % Mortgages payable $ 609,521 3.69 % $ 576,836 3.62 % Credit facility payable $ 83,800 3.21 % $ 31,000 2.26 % Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps $ 693,321 3.63 % $ 607,836 3.55 % Add: Unamortized mortgage premiums 2,316 3,080 Less: Unamortized debt issuance costs (4,172 ) (4,891 ) Total debt $ 691,465 $ 606,025
Schedule of Principal Payments and Maturities of Company's Debt	As of December 31, 2017, scheduled principal payments and maturities on the Company’s debt were as follows: December 31, 2017 Scheduled Principal Payments and Maturities by Year: Scheduled Principal Payments Maturities of Mortgage Loans Maturity of Credit Facility Total 2018 $ 221 $ 15,260 $ — $ 15,481 2019 215 152,450 83,800 236,465 2020 897 — — 897 2021 1,531 82,740 — 84,271 2022 615 126,017 — 126,632 Thereafter 962 228,613 — 229,575 Total $ 4,441 $ 605,080 $ 83,800 $ 693,321
Summary of Interest Rate Swap Contracts Outstanding	The following table summarizes the Company’s interest rate swap contracts outstanding as of December 31, 2017. Date Entered Effective Date Maturity Date Pay Fixed Rate (a) Notional Amount Fair Value December 2017 Assets June 27, 2014 July 1, 2014 July 1, 2019 1.85 % $ 24,352 $ 9 February 11, 2015 March 2, 2015 March 1, 2022 2.02 % 6,114 19 April 7, 2015 April 7, 2015 April 7, 2022 1.74 % 49,400 723 July 8, 2015 August 1, 2015 May 22, 2019 1.43 % 1,426 8 September 17, 2015 September 17, 2015 September 17, 2022 1.90 % 13,700 137 October 2, 2015 November 1, 2015 November 1, 2022 1.79 % 13,100 201 January 25, 2016 February 1, 2016 February 1, 2021 1.40 % 38,000 733 June 7, 2016 July 1, 2016 July 1, 2023 1.42 % 43,680 1,648 July 21, 2016 August 1, 2016 August 1, 2023 1.30 % 47,550 2,147 August 29, 2016 October 21, 2016 December 15, 2019 1.07 % 10,836 184 April 27, 2017 April 26, 2017 April 26, 2022 1.91 % 24,480 202 June 5, 2017 May 31, 2017 May 15, 2022 1.90 % 14,700 125 $ 287,338 $ 6,136 Liabilities March 28, 2014 March 1, 2015 March 28, 2019 2.22 % $ 5,525 $ (27 ) May 8, 2014 May 5, 2015 May 7, 2019 2.10 % 14,200 (49 ) May 23, 2014 May 1, 2015 May 22, 2019 2.00 % 8,484 (17 ) June 6, 2014 June 1, 2015 May 8, 2019 2.15 % 11,684 (48 ) June 26, 2014 July 5, 2015 July 5, 2019 2.11 % 20,725 (74 ) July 31, 2014 July 31, 2014 July 31, 2019 1.94 % 9,561 (8 ) December 23, 2015 December 23, 2015 January 2, 2026 2.30 % 26,000 (117 ) $ 96,179 $ (340 ) (a) Receive floating rate index based upon one month LIBOR. At December 31, 2017, the one month LIBOR equaled 1.56%.
Schedule of Derivative Financial Instruments on Consolidated Statements of Operations and Other Comprehensive Loss	The table below presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations and comprehensive loss for the years ended December 31, 2017, 2016 and 2015. Year Ended December 31, Derivatives in Cash Flow Hedging Relationships: 2017 2016 2015 Effective portion of derivatives $ 1,043 $ 1,861 $ (4,612 ) Reclassification adjustment for amounts included in net gain or loss (effective portion) $ 2,405 $ 4,038 $ 2,546 Ineffective portion of derivatives $ 7 $ 233 $ 365

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Restricted Shares and Restricted Share Units	A summary table of the status of the restricted shares and restricted share units is presented below: Restricted Shares Restricted Share Units Weighted Average Grant Date Fair Value Aggregate Intrinsic Value Outstanding at December 31, 2015 — — $ — $ — Granted 1,330 460 40 40 Vested — — — — Converted — — — — Forfeited — — — — Outstanding at December 31, 2016 1,330 460 40 40 Granted 1,657 600 51 51 Vested (444 ) (156 ) (13 ) (13 ) Converted — — — — Forfeited — — — — Outstanding at December 31, 2017 2,543 904 $ 78 $ 78

Income Tax and Distributions (T

Income Tax and Distributions (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax And Distributions [Abstract]
Schedule of Distributions Paid and Declared	The table below presents the distributions paid and declared for the years ended December 31, 2017, 2016 and 2015. December 31, 2017 2016 2015 Distributions paid $ 53,315 $ 52,358 $ 42,537 Distributions declared $ 53,364 $ 52,449 $ 44,908
Declared Monthly Distribution to its Common Stockholders	The following table sets forth the taxability of distributions on common shares, on a per share basis, paid in 2017, 2016 and 2015 2017 2016 2015 (a) Ordinary income $ 0.29 $ 0.29 $ 0.50 Nontaxable return of capital $ 1.21 $ 1.21 $ 1.18 (a) On February 19, 2015, the Company paid an aggregate special distribution of $3,283 to stockholders of record as of January 30, 2015.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Schedule of Change in Earnout Liability for Acquisition of Certain Properties	The table below presents the change in the Company’s Earnout liability for the years ended December 31, 2017 and 2016. December 31, 2017 2016 Earnout liability-beginning of period $ 6,856 $ 18,871 Increases: Acquisitions — — Amortization expense 35 531 Decreases: Earnout payments (6,415 ) (9,067 ) Other: Adjustments to acquisition related costs 574 (3,479 ) Earnout liability – end of period $ 1,050 $ 6,856

Transactions with Related Par33

Transactions with Related Parties (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table summarizes the Company’s related party transactions for the years ended December 31, . Year ended December 31, Unpaid amounts as of 2017 2016 2015 December 31, 2017 December 31, 2016 General and administrative reimbursements (a) $ 1,608 $ 1,975 $ 1,367 $ 203 $ 274 Affiliate share purchase discounts (b) — — 28 — — Total general and administrative expenses $ 1,608 $ 1,975 $ 1,395 $ 203 $ 274 Acquisition related costs $ 274 $ 409 $ 1,388 $ — $ 88 Acquisition fees 1,266 1,327 9,580 51 — Total acquisition costs and fees (c) $ 1,540 $ 1,736 $ 10,968 $ 51 $ 88 Real estate management fees $ 4,800 $ 4,473 $ 2,762 $ — $ — Construction management fees 113 121 135 35 53 Leasing fees 214 168 40 51 89 Total real estate management related costs (d) $ 5,127 $ 4,762 $ 2,937 $ 86 $ 142 Offering costs (e) $ — $ — $ 41,180 $ — $ — Business management fees (f) $ 9,196 $ 8,580 $ 5,501 $ 2,325 $ 2,159 Sponsor contribution (g) $ — $ — $ 3,283 $ — $ — (a) The Business Manager and its related parties are entitled to reimbursement for certain general and administrative expenses incurred by the Business Manager and its related parties relating to the Company’s administration. Such costs are included in general and administrative expenses in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. (b) The Company established a discount stock purchase policy for related parties and related parties of the Business Manager that enabled the related parties to purchase shares of common stock at $22.50 per share in the Offering. The Company sold 11,252 shares to related parties during the year ended December 31, 2015. (c) The Company pays the Business Manager or its affiliates a fee equal to 1.5% of the “contract purchase price,” as defined, of each asset acquired. The Business Manager and its related parties are also reimbursed for acquisition and transaction related costs of the Business Manager and its related parties relating to the Company’s acquisition activities, regardless of whether the Company acquires the real estate assets. Of the $1,540 related party acquisition costs incurred during the year ended December 31, 2017, $1,260 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the accompanying consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. Of the $1,736 related party acquisition costs incurred during the year ended December 31, 2016, $74 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, all expenses are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, the Business Manager permanently waived acquisition fees of $2,510. No acquisition fees were waived for 2017 or 2016. (d) For each property that is managed by Inland Commercial Real Estate Services LLC (the “Real Estate Manager”) (and its predecessor), the Company pays a monthly real estate management fee of up to 1.9% of the gross income from any single-tenant, net-leased property, and up to 3.9% of the gross income from any other property type. The Real Estate Manager determines, in its sole discretion, the amount of the fee with respect to a particular property, subject to the limitations. For each property that is managed directly by the Real Estate Manager or its affiliates, the Company pays the Real Estate Manager a separate leasing fee. Further, in the event that the Company engages its Real Estate Manager to provide construction management services for a property, the Company pays a separate construction management fee. Leasing fees are included in deferred costs, net and construction management fees are included in building and other improvements in the accompanying consolidated balance sheets. The Company also reimburses the Real Estate Manager and its affiliates for property-level expenses that they pay or incur on the Company’s behalf, including the salaries, bonuses and benefits of persons performing services for the Real Estate Manager and its affiliates except for the salaries, bonuses and benefits of persons who also serve as an executive officer of the Real Estate Manager or the Company. Real estate management fees and reimbursable expenses are included in property operating expenses in the accompanying consolidated statements of operations and comprehensive loss. (e) A related party of the Business Manager received selling commissions equal to 7.0% of the sale price for each share sold and a marketing contribution equal to 3.0% of the gross offering proceeds from shares sold in the Offering, the majority of which was re-allowed (paid) to third party soliciting dealers. The Company also reimbursed a related party of the Business Manager and the third party soliciting dealers for bona fide, out-of-pocket itemized and detailed due diligence expenses in amounts up to 0.5% of the gross offering proceeds. The Company reimbursed the Sponsor, its affiliates and third parties for costs and other expenses of the Offering that they paid on the Company’s behalf, in an amount not to exceed 1.5% of the gross offering proceeds from shares sold in the Offering. The Company does not pay selling commissions or the marketing contribution or reimburse issuer costs in connection with shares of common stock issued through the DRP. Offering costs are offset against the stockholders’ equity accounts. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. (f) The Company pays the Business Manager an annual business management fee equal to 0.65% of its “average invested assets”. The fee is payable quarterly in an amount equal to 0.1625% of its average invested assets as of the last day of the immediately preceding quarter. “Average invested assets” means, for any period, the average of the aggregate book value of the Company’s assets, including all intangibles and goodwill, invested, directly or indirectly, in equity interests in, and loans secured by, properties, as well as amounts invested in securities and consolidated and unconsolidated joint ventures or other partnerships, before reserves for amortization and depreciation or bad debts, impairments or other similar non-cash reserves, computed by taking the average of these values at the end of each month during the relevant calendar quarter. (g) During the year ended December 31, 2015, the Sponsor contributed $3,283 to the Company. The Sponsor has not received, and will not receive, any additional shares of the Company’s common stock for making this contribution. There is no assurance that the Sponsor will continue to contribute any additional monies.

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Schedule of Future Minimum Lease Payments to be Received Under Operating Leases	Minimum lease payments to be received under operating leases including ground leases, as of December 31, 2017 Minimum Payments 2018 $ 92,365 2019 85,756 2020 79,083 2021 73,330 2022 63,477 Thereafter 236,458 Total $ 630,469

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measures at Fair Value on a Recurring Basis	For assets and liabilities measured at fair value on a recurring basis, the table below presents the fair value of the Company’s cash flow hedges as well as their classification on the consolidated balance sheets as of December 31, 2017 and 2016, respectively. Fair Value Level 1 Level 2 Level 3 Total December 31, 2017 Interest rate swap agreements - Other assets $ — $ 6,136 $ — $ 6,136 Interest rate swap agreements - Other liabilities $ — $ 340 $ — $ 340 December 31, 2016 Interest rate swap agreements - Other assets $ — $ 4,250 $ — $ 4,250 Interest rate swap agreements - Other liabilities $ — $ 1,909 $ — $ 1,909
Schedule of Assets Measured at Fair Value on a Non-Recurring Basis	The table below presents activity for the Company’s assets measured at fair value on a non-recurring basis. The Company recognized an impairment charge to reflect an investment at its estimated fair value for the year ended December 31, 2017, which is included in provision for impairment of investment property on the accompanying consolidated statements of operations and comprehensive loss. Fair Value Level 1 Level 2 Level 3 Total Total Impairment Loss Investment property $ — $ — $ 5,557 $ 5,557 $ 8,530 Total $ — $ — $ 5,557 $ 5,557 $ 8,530

Quarterly Supplemental Financ36

Quarterly Supplemental Financial Information (Tables)	12 Months Ended
	Dec. 31, 2017
Notes To Financial Statements [Abstract]
Quarterly supplemental financial information - unaudited	The following represents the results of operations, for each quarterly period, during 2017 and 2016. 2017 Dec 31 Sept 30 Jun 30 Mar 31 Total income $ 32,529 $ 32,110 $ 32,911 $ 31,607 Net loss $ (10,811 ) $ (2,856 ) $ (3,631 ) $ (1,804 ) Net loss per common share, basic and diluted (1) $ (0.30 ) $ (0.08 ) $ (0.10 ) $ (0.05 ) Weighted average number of common shares outstanding, basic and diluted (1) 35,615,539 35,657,535 35,580,556 35,428,360 2016 Dec 31 Sept 30 Jun 30 Mar 31 Total income $ 30,921 $ 30,903 $ 30,295 $ 29,379 Net loss $ (459 ) $ (961 ) $ (2,300 ) $ (4,241 ) Net loss per common share, basic and diluted (1) $ (0.01 ) $ (0.03 ) $ (0.07 ) $ (0.12 ) Weighted average number of common shares outstanding, basic and diluted (1) 35,255,079 35,074,161 34,867,650 34,654,004 (1) Quarterly net loss per common share amounts may not total the annual amounts due to rounding and the changes in the number of weighted common shares outstanding.

Organization (Narrative) (Detai

Organization (Narrative) (Details)	Jan. 16, 2018	Dec. 31, 2017ft²PropertyState
Organization [Line Items]
Number of retail properties owned | Property		59
Square footage of real estate properties owned | ft²		6,860,923
Number of states in which company owns real estate properties | State		24
Weighted average physical occupancy rate of property portfolio		93.90%
Weighted average economic occupancy rate of property portfolio		94.80%
Description of reverse stock split		On January 16, 2018, the Company effected a 1-for-2.5 reverse stock split of its issued and outstanding common stock whereby every 2.5 shares of issued and outstanding common stock were converted into one share of its common stock (the “Reverse Stock Split”). In accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), all share information presented has been retroactively adjusted to reflect the Reverse Stock Split.
Subsequent Event [Member]
Organization [Line Items]
Reverse stock, split ratio	0.4

Summary of Significant Accoun38

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Acquired Finite Lived Intangible Assets [Line Items]
Impairment charges	$ 8,530,000	$ 0	$ 0
Depreciation expense	39,497,000	35,086,000	21,309,000
Deferred costs, net	1,317,000	$ 683,000
Other Assets [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Restricted cash	$ 4,940,000
Accounting Standards Update 2015-03
Acquired Finite Lived Intangible Assets [Line Items]
Deferred costs, net			$ 4,467,000

Summary of Significant Accoun39

Summary of Significant Accounting Policies (Schedule of Estimated Useful Lives of Assets ) (Details)	12 Months Ended
	Dec. 31, 2017
Building and other improvements [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	30 years
Site improvements [Member] | Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	5 years
Site improvements [Member] | Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	15 years
Furniture, fixtures and equipment [Member] | Minimum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	5 years
Furniture, fixtures and equipment [Member] | Maximum [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives	15 years
Tenant Improvements [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives, description	Shorter of the life of the asset or the term of the related lease
Leasing fees [Member]
Property Plant And Equipment [Line Items]
Estimated useful lives, description	Term of the related lease

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($)	Oct. 16, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Mar. 30, 2017	Mar. 29, 2017	Apr. 07, 2016	Oct. 19, 2015
Equity [Line Items]
Common stock, shares issued	33,534,022	35,498,444	35,262,283
Proceeds from offering	$ 834,399			$ 422,959,000
Estimated per share net asset value						$ 22.63	$ 22.55
Price of each common share prior to reverse stock split						$ 9.05	$ 9.02
Distribution reinvested		$ 27,069,000	$ 27,831,000	20,828,000
Stock repurchase program, amount		21,066,000	9,724,000	3,810,000
Other liabilities		$ 11,744,000	12,330,000
Repurchase of Shares Owned for One Year [Member]
Equity [Line Items]
Percentage of share price on repurchase of shares		92.50%
Repurchase of Shares Owned for Four Years [Member]
Equity [Line Items]
Percentage of share price on repurchase of shares		100.00%
Repurchase of Shares Owned upon Death and Qualifying Disability [Member]
Equity [Line Items]
Percentage of share price on repurchase of shares		100.00%
Stock Repurchase Program [Member]
Equity [Line Items]
Other liabilities		$ 2,530,000	1,448,000
Minimum [Member]
Equity [Line Items]
Stock repurchase program, to be held		1 year
Maximum [Member]
Equity [Line Items]
Stock repurchase program shares issued in percentage		5.00%
DRP [Member]
Equity [Line Items]
Common stock, shares issued								25,000,000
Estimated per share net asset value					$ 22.63
Price of each common share prior to reverse stock split					$ 9.05
Distribution reinvested		$ 27,069,000	$ 27,831,000	$ 20,828,000

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details)	3 Months Ended								12 Months Ended
	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2017USD ($)Property	Dec. 31, 2016USD ($)Property	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Number of properties acquired during period | Property									3
Acquisition cost and fees									$ 2,213,000	$ 510,000
Capitalized acquisition costs and fees in net investment properties									1,459,000
Acquisition related costs in adjustment to deferred investment property									574,000	(2,066,000)
Acquisition and dead deal costs excluding deferred investment property incurred during the period									180,000
Borrowing of mortgage debt at acquisition											$ 58,026,000
Acquisition related costs incurred during the period									754,000	(1,556,000)	13,903,000
Value of acquisition fees waived by business manager during period									0	0	2,510,000
Total income	$ 32,529,000	$ 32,110,000	$ 32,911,000	$ 31,607,000	$ 30,921,000	$ 30,903,000	$ 30,295,000	$ 29,379,000	129,157,000	121,498,000	76,542,000
Net income (loss)	$ (10,811,000)	$ (2,856,000)	$ (3,631,000)	$ (1,804,000)	$ (459,000)	$ (961,000)	$ (2,300,000)	$ (4,241,000)	(19,102,000)	$ (7,961,000)	$ (13,436,000)
Coastal North Town Center [Member]
Business Acquisition [Line Items]
Number of properties acquired during period | Property										2
Borrowing of mortgage debt at acquisition										$ 43,680,000
2017 Acquisitions [Member]
Business Acquisition [Line Items]
Total income									5,202,000
Net income (loss)									$ 325,000
2016 Acquisitions [Member]
Business Acquisition [Line Items]
Total income										4,218,000
Net income (loss)										$ 269,000

Acquisitions (Purchased Propert

Acquisitions (Purchased Properties from Unaffiliated Third Parties) (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2017USD ($)ft²	Dec. 31, 2016USD ($)		Jul. 14, 2017USD ($)ft²	Apr. 03, 2017USD ($)ft²	Jan. 27, 2017USD ($)ft²	Apr. 22, 2016USD ($)ft²
Business Acquisition [Line Items]
Property acquisition, Square Footage | ft²		6,860,923
Property acquisition, Purchase Price | $		$ 69,953	$ 79,034	[1]
Wilson Marketplace [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired		Jan. 27, 2017
Property Name	[2]	Wilson Marketplace
Property acquisition, Location		Wilson, NC
Property acquisition, Property Type		Multi-Tenant Retail
Property acquisition, Square Footage | ft²							311,030
Property acquisition, Purchase Price | $	[3]						$ 40,783
Pentucket Shopping Center [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired		Apr. 3, 2017
Property Name	[2]	Pentucket Shopping Center
Property acquisition, Location		Plaistow, NH
Property acquisition, Property Type		Multi-Tenant Retail
Property acquisition, Square Footage | ft²						198,469
Property acquisition, Purchase Price | $	[3]					$ 24,100
Wilson Marketplace, Pentucket Shopping Center and Coastal North Town Center Phase II [Member]
Business Acquisition [Line Items]
Property acquisition, Square Footage | ft²		516,087
Property acquisition, Purchase Price | $	[3]	$ 68,599
Coastal North Town Center Phase II [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired		Jul. 14, 2017
Property Name		Coastal North Town Center - Phase II
Property acquisition, Location		Myrtle Beach, SC
Property acquisition, Property Type		Retail
Property acquisition, Square Footage | ft²					6,588
Property acquisition, Purchase Price | $	[3]				$ 3,716
Coastal North Town Center [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired			Apr. 22, 2016
Property Name			Coastal North Town Center
Property acquisition, Location			Myrtle Beach, SC
Property acquisition, Property Type			Multi-Tenant Retail
Property acquisition, Square Footage | ft²								304,662
Property acquisition, Purchase Price | $								$ 72,811
Oquirrh Mountain Marketplace Phase I I [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired			Apr. 22, 2016
Property Name			Oquirrh Mountain Marketplace Phase II
Property acquisition, Location			South Jordan, UT
Property acquisition, Property Type			Multi-Tenant Retail
Property acquisition, Square Footage | ft²								10,150
Property acquisition, Purchase Price | $								$ 4,329
Coastal North Town Center and Oquirrh Mountain Market Phase II [Member]
Business Acquisition [Line Items]
Property acquisition, Square Footage | ft²								314,812
Property acquisition, Purchase Price | $								$ 77,140
[1]	Total for the year ended December 31, 2016 includes $1,720 for 4,200 square feet acquired at Oquirrh Mountain Marketplace and $533 for 1,766 square feet at Park Avenue Shopping Center.
[2]	Subsequent to the acquisition date, first mortgages were placed on the properties.
[3]	Contractual purchase price excluding closing credits.

Acquisitions (Schedule of Major

Acquisitions (Schedule of Major Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	[1]
Business Combinations [Abstract]
Land	$ 17,513	$ 15,128
Building and improvements	41,793	53,849
Acquired lease intangible assets, net	15,385	13,848
Acquired intangible liabilities, net	(4,589)	(3,432)
Assumed liabilities, net	(149)	(359)
Total	$ 69,953	$ 79,034
[1]	Total for the year ended December 31, 2016 includes $1,720 for 4,200 square feet acquired at Oquirrh Mountain Marketplace and $533 for 1,766 square feet at Park Avenue Shopping Center.

Acquisitions (Schedule of Maj44

Acquisitions (Schedule of Major Assets Acquired and Liabilities Assumed) (Parenthetical) (Details) $ in Thousands	Dec. 31, 2017USD ($)ft²	Dec. 31, 2016USD ($)ft²
Business Acquisition [Line Items]
Property acquisition, Purchase Price | $	$ 69,953	$ 79,034	[1]
Property acquisition, Square Footage | ft²	6,860,923
Oquirrh Mountain Marketplace [Member]
Business Acquisition [Line Items]
Property acquisition, Purchase Price | $		$ 1,720
Property acquisition, Square Footage | ft²		4,200
Park Avenue Shopping Center [Member]
Business Acquisition [Line Items]
Property acquisition, Purchase Price | $		$ 533
Property acquisition, Square Footage | ft²		1,766
[1]	Total for the year ended December 31, 2016 includes $1,720 for 4,200 square feet acquired at Oquirrh Mountain Marketplace and $533 for 1,766 square feet at Park Avenue Shopping Center.

Schedule of Unconsolidated Join

Schedule of Unconsolidated Joint Ventures (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016
Schedule Of Equity Method Investments [Line Items]
Investment in unconsolidated entities		$ 7,125	$ 126
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member]
Schedule Of Equity Method Investments [Line Items]
Company's Profit/Loss Allocation	[1]	83.00%
Remaining Commitment	[1]	$ 1,783
Investment in unconsolidated entities	[1]	$ 7,125
Oak Property Casualty, LLC ("Captive") [Member]
Schedule Of Equity Method Investments [Line Items]
Investment in unconsolidated entities	[2]		$ 126
[1]	In August 2017, the Company, through a wholly owned taxable REIT subsidiary, made an equity commitment to Mainstreet JV in order to develop, construct, lease, finance and sell parcels of land and related building improvements including personal property which are to be operated as rapid recovery healthcare facilities located in Beaumont, Amarillo and Temple, Texas. The investment balance includes capitalized acquisition, interest and legal costs of $157.
[2]	The Company was a member of a limited liability company formed as an insurance association captive, which was owned by the Company, IRC Retail Centers LLC, InvenTrust Properties Corp. and Retail Properties of America, Inc. See Note 13 – “Transactions with Related Parties.”

Schedule of Unconsolidated Jo46

Schedule of Unconsolidated Joint Ventures (Parenthetical) (Details) $ in Thousands	Aug. 31, 2017USD ($)
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member]
Schedule Of Equity Method Investments [Line Items]
Investment balance includes capitalized acquisition, interest and legal costs	$ 157

Schedule of Intangible Assets a

Schedule of Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Intangible assets:
Accumulated amortization	$ (72,348)	$ (46,750)
Acquired lease intangibles, net	138,658	150,108
Intangible liabilities:
Acquired below market lease value	71,551	66,962
Above market ground lease	5,169	5,169
Accumulated amortization	(14,450)	(8,657)
Acquired below market lease intangibles, net	62,270	63,474
Acquired in-place lease value [Member]
Intangible assets:
Acquired intangible assets	165,182	159,679
Acquired lease intangibles, net	104,298
Acquired above market lease value [Member]
Intangible assets:
Acquired intangible assets	45,824	$ 37,179
Acquired lease intangibles, net	$ 34,360

Acquired Intangible Assets an48

Acquired Intangible Assets and Liabilities - Narrative (Details)	12 Months Ended
	Dec. 31, 2017
Acquired in-place lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Intangible liabilities, weighted average amortization period	10 years
Acquired above market lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Intangible liabilities, weighted average amortization period	14 years
Acquired below market lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Intangible liabilities, weighted average amortization period	19 years
Acquired Above market ground lease [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Intangible liabilities, weighted average amortization period	55 years

Schedule of Amortization Pertai

Schedule of Amortization Pertaining to Acquired in Place Lease Value, Above Market Ground Lease, Above Market Lease Value and Below Market Lease Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a (reduction) increase to rental income	$ 1,321	$ 718	$ 652
Acquired in-place lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as amortization expense	22,104	24,174	13,170
Above market ground lease [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a reduction to property operating expense	94	94	24
Acquired above market lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a (reduction) increase to rental income	(4,379)	(4,341)	(2,334)
Acquired below market lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a (reduction) increase to rental income	$ 5,700	$ 5,059	$ 2,986

Schedule of Estimated Amortizat

Schedule of Estimated Amortization of Intangible Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Future amortization for acquired in-place and above market lease assets:
Acquired lease intangibles, net	$ 138,658	$ 150,108
Future amortization for below market lease liabilities:
2018 (remainder of year)	(4,470)
2,019	(4,325)
2,020	(4,104)
2,021	(3,917)
2,022	(3,657)
Thereafter	(36,838)
Total	(57,311)
Future amortization for above market ground lease liabilities:
2018 (remainder of year)	(94)
2,019	(94)
2,020	(94)
2,021	(94)
2,022	(94)
Thereafter	(4,489)
Total	(4,959)
Acquired in-place lease value [Member]
Future amortization for acquired in-place and above market lease assets:
2018 (remainder of year)	18,995
2,019	17,031
2,020	14,012
2,021	11,475
2,022	8,830
Thereafter	33,955
Acquired lease intangibles, net	104,298
Acquired above market lease value [Member]
Future amortization for acquired in-place and above market lease assets:
2018 (remainder of year)	3,794
2,019	3,430
2,020	3,091
2,021	3,021
2,022	2,715
Thereafter	18,309
Acquired lease intangibles, net	$ 34,360

Debt and Derivative Instrumen51

Debt and Derivative Instruments (Schedule of Mortgages and Credit Facility Payable) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 609,521	$ 576,836
Credit facility payable	83,800	31,000
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	693,321	607,836
Add: Unamortized mortgage premiums	2,316	3,080
Less: Unamortized debt issuance costs	(4,172)	(4,891)
Total debt	$ 691,465	$ 606,025
Mortgages Payable, Weighted Average Interest Rate	3.69%	3.62%
Credit Facilities Payable, Weighted Average Interest Rate	3.21%	2.26%
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps, Weighted Average Interest Rate	3.63%	3.55%
Fixed rate mortgages payable [Member]
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 171,851	$ 178,345
Mortgages Payable, Weighted Average Interest Rate	4.25%	4.31%
Variable rate mortgages payable with swap agreements [Member]
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 383,517	$ 354,488
Mortgages Payable, Weighted Average Interest Rate	3.49%	3.42%
Variable rate mortgages payable [Member]
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 54,153	$ 44,003
Mortgages Payable, Weighted Average Interest Rate	3.26%	2.50%

Debt and Derivative Instrumen52

Debt and Derivative Instruments (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Indebtedness includes effects of interest rate swap, weighted average interest rate	3.63%
Carrying value of debt	$ 693,321,000	$ 607,836,000
Estimated fair value of debt	684,621,000	$ 595,404,000
Amount expected to be reclassified from accumulated other comprehensive income into income in the next twelve months	$ (124,000)
Mortgages Payable [Member]
Debt Instrument [Line Items]
Weighted Average Years to Maturity	4 years 2 months 12 days
Mortgages payable, covenant compliance	the Company was current on all of the payments and in compliance with all financial covenants.
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Carrying value of debt	$ 83,800,000
Credit facility, maximum borrowing capacity	110,000,000
Line of credit accordion feature to increase available borrowings	$ 400,000,000
Credit facility, maturity date	Sep. 30, 2019
Credit facility, interest rate	3.21%
Credit facility available for borrowing	$ 26,200,000

Debt and Derivative Instrumen53

Debt and Derivative Instruments (Schedule of Principal Payments and Maturities of Company's Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
2,018	$ 15,481
2,019	236,465
2,020	897
2,021	84,271
2,022	126,632
Thereafter	229,575
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	693,321	$ 607,836
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
2,019	83,800
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	83,800
Scheduled Principal Payments [Member]
Debt Instrument [Line Items]
2,018	221
2,019	215
2,020	897
2,021	1,531
2,022	615
Thereafter	962
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	4,441
Maturities of Mortgage Loans [Member]
Debt Instrument [Line Items]
2,018	15,260
2,019	152,450
2,021	82,740
2,022	126,017
Thereafter	228,613
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	$ 605,080

Debt and Derivative Instrumen54

Debt and Derivative Instruments (Summary of Interest Rate Swap Contracts Outstanding) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)
Derivative [Line Items]
Derivative instrument, notional amount	$ 287,338
Fair value of derivative assets measured on recurring basis	6,136
Derivative instrument, notional amount	96,179
Fair value of derivative liabilities measured on recurring basis	$ (340)
Interest Rate Swap One [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jun. 27, 2014
Derivative instrument, effective date	Jul. 1, 2014
Derivative instrument, maturity date	Jul. 1, 2019
Derivative instrument, pay fixed interest rate	1.85%	[1]
Derivative instrument, notional amount	$ 24,352
Fair value of derivative assets measured on recurring basis	$ 9
Interest Rate Swap Two [Member]
Derivative [Line Items]
Derivative instrument, date entered	Feb. 11, 2015
Derivative instrument, effective date	Mar. 2, 2015
Derivative instrument, maturity date	Mar. 1, 2022
Derivative instrument, pay fixed interest rate	2.02%	[1]
Derivative instrument, notional amount	$ 6,114
Fair value of derivative assets measured on recurring basis	$ 19
Interest Rate Swap Three [Member]
Derivative [Line Items]
Derivative instrument, date entered	Apr. 7, 2015
Derivative instrument, effective date	Apr. 7, 2015
Derivative instrument, maturity date	Apr. 7, 2022
Derivative instrument, pay fixed interest rate	1.74%	[1]
Derivative instrument, notional amount	$ 49,400
Fair value of derivative assets measured on recurring basis	$ 723
Interest Rate Swap Four [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jul. 8, 2015
Derivative instrument, effective date	Aug. 1, 2015
Derivative instrument, maturity date	May 22, 2019
Derivative instrument, pay fixed interest rate	1.43%	[1]
Derivative instrument, notional amount	$ 1,426
Fair value of derivative assets measured on recurring basis	$ 8
Interest Rate Swap Five [Member]
Derivative [Line Items]
Derivative instrument, date entered	Sep. 17, 2015
Derivative instrument, effective date	Sep. 17, 2015
Derivative instrument, maturity date	Sep. 17, 2022
Derivative instrument, pay fixed interest rate	1.90%	[1]
Derivative instrument, notional amount	$ 13,700
Fair value of derivative assets measured on recurring basis	$ 137
Interest Rate Swap Six [Member]
Derivative [Line Items]
Derivative instrument, date entered	Oct. 2, 2015
Derivative instrument, effective date	Nov. 1, 2015
Derivative instrument, maturity date	Nov. 1, 2022
Derivative instrument, pay fixed interest rate	1.79%	[1]
Derivative instrument, notional amount	$ 13,100
Fair value of derivative assets measured on recurring basis	$ 201
Interest Rate Swap Seven [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jan. 25, 2016
Derivative instrument, effective date	Feb. 1, 2016
Derivative instrument, maturity date	Feb. 1, 2021
Derivative instrument, pay fixed interest rate	1.40%	[1]
Derivative instrument, notional amount	$ 38,000
Fair value of derivative assets measured on recurring basis	$ 733
Interest Rate Swap Eight [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jun. 7, 2016
Derivative instrument, effective date	Jul. 1, 2016
Derivative instrument, maturity date	Jul. 1, 2023
Derivative instrument, pay fixed interest rate	1.42%	[1]
Derivative instrument, notional amount	$ 43,680
Fair value of derivative assets measured on recurring basis	$ 1,648
Interest Rate Swap Nine [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jul. 21, 2016
Derivative instrument, effective date	Aug. 1, 2016
Derivative instrument, maturity date	Aug. 1, 2023
Derivative instrument, pay fixed interest rate	1.30%	[1]
Derivative instrument, notional amount	$ 47,550
Fair value of derivative assets measured on recurring basis	$ 2,147
Interest Rate Swap Ten [Member]
Derivative [Line Items]
Derivative instrument, date entered	Aug. 29, 2016
Derivative instrument, effective date	Oct. 21, 2016
Derivative instrument, maturity date	Dec. 15, 2019
Derivative instrument, pay fixed interest rate	1.07%	[1]
Derivative instrument, notional amount	$ 10,836
Fair value of derivative assets measured on recurring basis	$ 184
Interest Rate Swap Eleven [Member]
Derivative [Line Items]
Derivative instrument, date entered	Apr. 27, 2017
Derivative instrument, effective date	Apr. 26, 2017
Derivative instrument, maturity date	Apr. 26, 2022
Derivative instrument, pay fixed interest rate	1.91%	[1]
Derivative instrument, notional amount	$ 24,480
Fair value of derivative assets measured on recurring basis	$ 202
Interest Rate Swap Twelve [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jun. 5, 2017
Derivative instrument, effective date	May 31, 2017
Derivative instrument, maturity date	May 15, 2022
Derivative instrument, pay fixed interest rate	1.90%	[1]
Derivative instrument, notional amount	$ 14,700
Fair value of derivative assets measured on recurring basis	$ 125
Interest Rate Swap Thirteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	Mar. 28, 2014
Derivative instrument, effective date	Mar. 1, 2015
Derivative instrument, maturity date	Mar. 28, 2019
Derivative instrument, pay fixed interest rate	2.22%	[1]
Derivative instrument, notional amount	$ 5,525
Fair value of derivative liabilities measured on recurring basis	$ (27)
Interest Rate Swap Fourteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	May 8, 2014
Derivative instrument, effective date	May 5, 2015
Derivative instrument, maturity date	May 7, 2019
Derivative instrument, pay fixed interest rate	2.10%	[1]
Derivative instrument, notional amount	$ 14,200
Fair value of derivative liabilities measured on recurring basis	$ (49)
Interest Rate Swap Fifteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	May 23, 2014
Derivative instrument, effective date	May 1, 2015
Derivative instrument, maturity date	May 22, 2019
Derivative instrument, pay fixed interest rate	2.00%	[1]
Derivative instrument, notional amount	$ 8,484
Fair value of derivative liabilities measured on recurring basis	$ (17)
Interest Rate Swap Sixteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jun. 6, 2014
Derivative instrument, effective date	Jun. 1, 2015
Derivative instrument, maturity date	May 8, 2019
Derivative instrument, pay fixed interest rate	2.15%	[1]
Derivative instrument, notional amount	$ 11,684
Fair value of derivative liabilities measured on recurring basis	$ (48)
Interest Rate Swap Seventeen [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jun. 26, 2014
Derivative instrument, effective date	Jul. 5, 2015
Derivative instrument, maturity date	Jul. 5, 2019
Derivative instrument, pay fixed interest rate	2.11%	[1]
Derivative instrument, notional amount	$ 20,725
Fair value of derivative liabilities measured on recurring basis	$ (74)
Interest Rate Swap Eighteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	Jul. 31, 2014
Derivative instrument, effective date	Jul. 31, 2014
Derivative instrument, maturity date	Jul. 31, 2019
Derivative instrument, pay fixed interest rate	1.94%	[1]
Derivative instrument, notional amount	$ 9,561
Fair value of derivative liabilities measured on recurring basis	$ (8)
Interest Rate Swap Nineteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	Dec. 23, 2015
Derivative instrument, effective date	Dec. 23, 2015
Derivative instrument, maturity date	Jan. 2, 2026
Derivative instrument, pay fixed interest rate	2.30%	[1]
Derivative instrument, notional amount	$ 26,000
Fair value of derivative liabilities measured on recurring basis	$ (117)
[1]	Receive floating rate index based upon one month LIBOR. At December 31, 2017, the one month LIBOR equaled 1.56%.

Debt and Derivative Instrumen55

Debt and Derivative Instruments (Summary of Interest Rate Swap Contracts Outstanding) (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2017
Derivative [Line Items]
Derivative instrument, receive floating rate index	one month LIBOR
LIBOR [Member]
Derivative [Line Items]
One month floating rate	1.56%

Debt and Derivative Instrumen56

Debt and Derivative Instruments (Derivatives on Consolidated Statements of Operations and Other Comprehensive Loss) (Details) - Designated as Hedging Instrument [Member] - Cash Flow Hedging [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of derivatives	$ 1,043	$ 1,861	$ (4,612)
Reclassification adjustment for amounts included in net gain or loss (effective portion)	2,405	4,038	2,546
Ineffective portion of derivatives	$ 7	$ 233	$ 365

Equity-Based Compensation - Nar

Equity-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	Oct. 02, 2017	Jun. 13, 2017	Dec. 31, 2017	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation vesting percentage	33.33%	33.33%
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation shares issued	331	1,326
Unrecognized compensation expense of unvested share-based awards			$ 44	$ 26
Weighted average remaining period unrecognized compensation expense related to non-vested			1 year 6 months
Common stock shares issued upon vesting			1
Restricted Stock [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation vesting period			1 year
Restricted Stock [Member] | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation vesting period			3 years
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation shares issued	110	442
Unrecognized compensation expense of unvested share-based awards			$ 44	26
Weighted average remaining period unrecognized compensation expense related to non-vested			1 year 6 months
Common stock shares issued upon vesting			1
Restricted Stock Units (RSUs) [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation vesting period			1 year
Restricted Stock Units (RSUs) [Member] | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation vesting period			3 years
Non-Employee Directors [Member] | Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation expense			$ 33	14
Non-Employee Directors [Member] | Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation expense			$ 33	$ 14

Equity-Based Compensation (Summ

Equity-Based Compensation (Summary of the Restricted Shares and Restricted Share Units) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, Weighted Average Grant Date Fair Value	$ 40
Granted, Weighted Average Grant Date Fair Value	51	$ 40
Vested, Weighted Average Grant Date Fair Value	(13)
Outstanding, Weighted Average Grant Date Fair Value	78	40
Outstanding, Aggregate Intrinsic Value	40
Granted, Aggregate Intrinsic Value	51	40
Vested, Aggregate Intrinsic Value	(13)
Outstanding, Aggregate Intrinsic Value	$ 78	$ 40
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, Shares	1,330
Granted, Shares	1,657	1,330
Vested, Shares	(444)
Outstanding, Shares	2,543	1,330
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, Shares	460
Granted, Shares	600	460
Vested, Shares	(156)
Outstanding, Shares	904	460

Income Tax and Distributions (N

Income Tax and Distributions (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax And Distributions [Line Items]
Daily amount per share of distributions	$ 0.00410959	$ 0.00409836	$ 0.00410959
Taxable income (loss)	$ 10,045	$ 9,890	$ 13,123
Minimum [Member]
Income Tax And Distributions [Line Items]
Percentage of adjusted REIT taxable income require to distribute among shareholders	90.00%

Income Tax and Distributions (S

Income Tax and Distributions (Schedule of Distributions Paid and Declared) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax And Distributions [Abstract]
Distributions paid	$ 53,315	$ 52,358	$ 42,537
Distributions declared	$ 53,364	$ 52,449	$ 44,908

Income Tax and Distributions -

Income Tax and Distributions - (Schedule of Taxability of Distributions on Common Shares) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	[1]
Income Tax And Distributions [Abstract]
Ordinary income	$ 0.29	$ 0.29	$ 0.50
Nontaxable return of capital	$ 1.21	$ 1.21	$ 1.18
[1]	On February 19, 2015, the Company paid an aggregate special distribution of $3,283 to stockholders of record as of January 30, 2015.

Income Tax and Distributions 62

Income Tax and Distributions - (Schedule of Taxability of Distributions on Common Shares) (Parenthetical) (Details) $ in Thousands	Feb. 19, 2015USD ($)
Income Tax And Distributions [Abstract]
Special distribution	$ 3,283

Earnings (Loss) per Share (Deta

Earnings (Loss) per Share (Details) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Additional shares excluded from the computation of diluted earnings per share	1,507	1,214
Dilutive common share equivalents outstanding			0

Commitments and Contingencies64

Commitments and Contingencies (Narrative) (Details)	12 Months Ended
	Dec. 31, 2017USD ($)
Other Commitments [Line Items]
The maximum potential earnout payment for acquisitions made during period	$ 2,040,000
Mezzanine Loans [Member] | Mainstreet JV [Member]
Other Commitments [Line Items]
Aggregate amount committed to provide in joint venture loan agreement	$ 5,400,000
Term of joint venture loan agreement	48 months
Interest rate on joint venture loan amount	14.50%
Periodic interest receivable, pay rate	10.00%
Frequency of periodic payments of interest on joint venture loan	monthly
Amount loaned under joint venture agreement	$ 0

Commitments and Contingencies65

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Earnout liability-beginning of period	$ 6,856	$ 18,871
Increases:
Amortization expense	35	531
Decreases:
Earnout payments	(6,415)	(9,067)
Other:
Adjustments to acquisition related costs	574	(3,479)
Earnout liability – end of period	$ 1,050	$ 6,856

Segment Reporting (Details)

Segment Reporting (Details) - Segment	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting [Abstract]
Number of reportable segments	1	1	1

Transactions with Related Par67

Transactions with Related Parties (Narrative) (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Return of original capital investment		$ 100,000
Earnings from limited partnership investments		21,000
Return of original capital investment income (loss)		21,000	$ 252,000	$ (118,000)
Liability for additional proportional costs associated with termination of partnership		$ 0
Number of common stock shares owned in related party		1,000	1,000	1,000
Value of common stock shares owned in related party		$ 1,000	$ 1,000	$ 1,000
Price per share of common stock sold to related parties during period		$ 22.50
Common stock shares sold to related party during period				11,252
Asset acquisition fee to contract purchase price, percentage		1.50%
Acquisition related costs		$ 754,000	(1,556,000)	$ 13,903,000
Total acquisition fees waived by business manager during period		$ 0	0	2,510,000
Selling commissions per price of each share sold, percentage		7.00%
Marketing contribution to gross offering proceeds, percentage		3.00%
Annual business management fee to its average invested assets, percentage		0.65%
Quarterly payable business management fee to its average invested assets, percentage		0.1625%
Maximum [Member]
Related Party Transaction [Line Items]
Out-of-pocket itemized and detailed expenses reimbursed, percentage		0.50%
Costs and other expenses reimbursed to Sponsor, percentage		1.50%
Acquisition Related Costs and Fee [Member]
Related Party Transaction [Line Items]
Total acquisition cost	[1]	$ 1,540,000	1,736,000	10,968,000
Acquisition costs capitalized		1,260,000	74,000
Acquisition costs capitalized as investment in unconsolidated entities		134,000
Acquisition related costs		$ 146,000	$ 1,662,000
Monthly Real Estate Management Fee Of Single Tenant Property [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Property management fee, percentage		1.90%
Monthly Real Estate Management Fee Of Any Other Property [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Property management fee, percentage		3.90%
Sponsor Contribution [Member]
Related Party Transaction [Line Items]
Total acquisition cost	[2]			$ 3,283,000
[1]	The Company pays the Business Manager or its affiliates a fee equal to 1.5% of the “contract purchase price,” as defined, of each asset acquired.  The Business Manager and its related parties are also reimbursed for acquisition and transaction related costs of the Business Manager and its related parties relating to the Company’s acquisition activities, regardless of whether the Company acquires the real estate assets.  Of the $1,540 related party acquisition costs incurred during the year ended December 31, 2017, $1,260 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the accompanying consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. Of the $1,736 related party acquisition costs incurred during the year ended December 31, 2016, $74 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, all expenses are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, the Business Manager permanently waived acquisition fees of $2,510. No acquisition fees were waived for 2017 or 2016.
[2]	During the year ended December 31, 2015, the Sponsor contributed $3,283 to the Company. The Sponsor has not received, and will not receive, any additional shares of the Company’s common stock for making this contribution. There is no assurance that the Sponsor will continue to contribute any additional monies.

Transactions with Related Par68

Transactions with Related Parties (Schedule of Related Party Transactions) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Real estate management related costs with related party	[1]	$ 5,127	$ 4,762	$ 2,937
Due to related parties		2,665	2,663
General and Administrative Reimbursements [Member]
Related Party Transaction [Line Items]
General and administrative expenses incurred with related party	[2]	1,608	1,975	1,367
Due to related parties	[2]	203	274
Affiliate Share Purchase Discounts [Member]
Related Party Transaction [Line Items]
General and administrative expenses incurred with related party	[3]			28
Total General and Administrative Expenses [Member]
Related Party Transaction [Line Items]
General and administrative expenses incurred with related party		1,608	1,975	1,395
Due to related parties		203	274
Acquisition Related Costs [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[4]	274	409	1,388
Acquisition related costs			88
Acquisition Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[4]	1,266	1,327	9,580
Acquisition related costs		51
Acquisition Related Costs and Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[4]	1,540	1,736	10,968
Acquisition related costs	[4]	51	88
Real Estate Management Fees [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		4,800	4,473	2,762
Construction Management Fees [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		113	121	135
Due to related parties		35	53
Leasing fees [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		214	168	40
Due to related parties		51	89
Offering Costs [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[5]			41,180
Business Management Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[6]	9,196	8,580	5,501
Due to related parties	[6]	2,325	2,159
Sponsor Contribution [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[7]			$ 3,283
Real Estate Management Costs [Member]
Related Party Transaction [Line Items]
Due to related parties	[1]	$ 86	$ 142
[1]	For each property that is managed by Inland Commercial Real Estate Services LLC (the “Real Estate Manager”) (and its predecessor), the Company pays a monthly real estate management fee of up to 1.9% of the gross income from any single-tenant, net-leased property, and up to 3.9% of the gross income from any other property type. The Real Estate Manager determines, in its sole discretion, the amount of the fee with respect to a particular property, subject to the limitations. For each property that is managed directly by the Real Estate Manager or its affiliates, the Company pays the Real Estate Manager a separate leasing fee. Further, in the event that the Company engages its Real Estate Manager to provide construction management services for a property, the Company pays a separate construction management fee. Leasing fees are included in deferred costs, net and construction management fees are included in building and other improvements in the accompanying consolidated balance sheets. The Company also reimburses the Real Estate Manager and its affiliates for property-level expenses that they pay or incur on the Company’s behalf, including the salaries, bonuses and benefits of persons performing services for the Real Estate Manager and its affiliates except for the salaries, bonuses and benefits of persons who also serve as an executive officer of the Real Estate Manager or the Company. Real estate management fees and reimbursable expenses are included in property operating expenses in the accompanying consolidated statements of operations and comprehensive loss.
[2]	The Business Manager and its related parties are entitled to reimbursement for certain general and administrative expenses incurred by the Business Manager and its related parties relating to the Company’s administration. Such costs are included in general and administrative expenses in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets.
[3]	The Company established a discount stock purchase policy for related parties and related parties of the Business Manager that enabled the related parties to purchase shares of common stock at $22.50 per share in the Offering. The Company sold 11,252 shares to related parties during the year ended December 31, 2015.
[4]	The Company pays the Business Manager or its affiliates a fee equal to 1.5% of the “contract purchase price,” as defined, of each asset acquired.  The Business Manager and its related parties are also reimbursed for acquisition and transaction related costs of the Business Manager and its related parties relating to the Company’s acquisition activities, regardless of whether the Company acquires the real estate assets.  Of the $1,540 related party acquisition costs incurred during the year ended December 31, 2017, $1,260 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the accompanying consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets. Of the $1,736 related party acquisition costs incurred during the year ended December 31, 2016, $74 are capitalized as the acquisition of net investment properties in the accompanying consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, all expenses are included in acquisition related costs in the accompanying consolidated statements of operations and comprehensive loss. For the year ended December 31, 2015, the Business Manager permanently waived acquisition fees of $2,510. No acquisition fees were waived for 2017 or 2016.
[5]	A related party of the Business Manager received selling commissions equal to 7.0% of the sale price for each share sold and a marketing contribution equal to 3.0% of the gross offering proceeds from shares sold in the Offering, the majority of which was re-allowed (paid) to third party soliciting dealers. The Company also reimbursed a related party of the Business Manager and the third party soliciting dealers for bona fide, out-of-pocket itemized and detailed due diligence expenses in amounts up to 0.5% of the gross offering proceeds. The Company reimbursed the Sponsor, its affiliates and third parties for costs and other expenses of the Offering that they paid on the Company’s behalf, in an amount not to exceed 1.5% of the gross offering proceeds from shares sold in the Offering. The Company does not pay selling commissions or the marketing contribution or reimburse issuer costs in connection with shares of common stock issued through the DRP. Offering costs are offset against the stockholders’ equity accounts. Unpaid amounts are included in due to related parties in the accompanying consolidated balance sheets.
[6]	The Company pays the Business Manager an annual business management fee equal to 0.65% of its “average invested assets”. The fee is payable quarterly in an amount equal to 0.1625% of its average invested assets as of the last day of the immediately preceding quarter. “Average invested assets” means, for any period, the average of the aggregate book value of the Company’s assets, including all intangibles and goodwill, invested, directly or indirectly, in equity interests in, and loans secured by, properties, as well as amounts invested in securities and consolidated and unconsolidated joint ventures or other partnerships, before reserves for amortization and depreciation or bad debts, impairments or other similar non-cash reserves, computed by taking the average of these values at the end of each month during the relevant calendar quarter.
[7]	During the year ended December 31, 2015, the Sponsor contributed $3,283 to the Company. The Sponsor has not received, and will not receive, any additional shares of the Company’s common stock for making this contribution. There is no assurance that the Sponsor will continue to contribute any additional monies.

Operating Leases (Details)

Operating Leases (Details) $ in Thousands	Dec. 31, 2017USD ($)
Leases [Abstract]
2,018	$ 92,365
2,019	85,756
2,020	79,083
2,021	73,330
2,022	63,477
Thereafter	236,458
Total	$ 630,469

Operating Leases (Narrative) (D

Operating Leases (Narrative) (Details)	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Remaining lease terms range description	from less than one year to 19 years.

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Cash Flow Hedges and Classification on Consolidated Balance Sheets) (Details) - Recurring [Member] - Interest Rate Swap Agreements [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Other Assets [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other assets	$ 6,136	$ 4,250
Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other liabilities	340	1,909
Level 2 [Member] | Other Assets [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other assets	6,136	4,250
Level 2 [Member] | Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other liabilities	$ 340	$ 1,909

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Impairment charges	$ 8,530,000	$ 0	$ 0
Capitalization rate	7.50%
Discount rate	8.50%
Fair value of investment property based on discounted cash flow model term	10 years

Fair Value Measurements (Sche73

Fair Value Measurements (Schedule of Assets Measured at Fair Value on a Non-Recurring Basis) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Impairment Loss	$ 8,530,000	$ 0	$ 0
Non-recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment property	5,557,000
Total Impairment Loss	8,530,000
Non-recurring [Member] | Investment Property [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment property	5,557,000
Total Impairment Loss	8,530,000
Non-recurring [Member] | Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment property	5,557,000
Non-recurring [Member] | Level 3 [Member] | Investment Property [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment property	$ 5,557,000

Quarterly Supplemental Financ74

Quarterly Supplemental Financial Information - Schedule of Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Total income	$ 32,529		$ 32,110		$ 32,911		$ 31,607		$ 30,921		$ 30,903		$ 30,295		$ 29,379		$ 129,157	$ 121,498	$ 76,542
Net loss	$ (10,811)		$ (2,856)		$ (3,631)		$ (1,804)		$ (459)		$ (961)		$ (2,300)		$ (4,241)		$ (19,102)	$ (7,961)	$ (13,436)
Net loss per common share, basic and diluted	$ (0.30)	[1]	$ (0.08)	[1]	$ (0.10)	[1]	$ (0.05)	[1]	$ (0.01)	[1]	$ (0.03)	[1]	$ (0.07)	[1]	$ (0.12)	[1]	$ (0.54)	$ (0.23)	$ (0.48)
Weighted average number of common shares outstanding, basic and diluted	35,615,539	[1]	35,657,535	[1]	35,580,556	[1]	35,428,360	[1]	35,255,079	[1]	35,074,161	[1]	34,867,650	[1]	34,654,004	[1]	35,571,249	34,963,827	27,737,301
[1]	Quarterly net loss per common share amounts may not total the annual amounts due to rounding and the changes in the number of weighted common shares outstanding.

Schedule III Real Estate and Ac

Schedule III Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2017		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 609,521
Initial cost, Land	[1]	277,229
Initial cost, Buildings and Improvements	[1]	1,003,804
Cost Capitalized Subsequent to Acquisitions		7,884
Gross amount carried at end of period, Land	[2],[3]	277,229
Gross amount carried at end of period, Building and Improvements	[2],[3]	1,011,688
Gross amount carried at end of period, Total		1,288,917	[2],[3]	$ 1,233,231	$ 1,161,437	$ 414,463
Accumulated Depreciation		(101,094)	[4]	$ (62,631)	$ (27,545)	$ (6,236)
2727 Iowa Street [Member] | Lawrence, KS [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	2,154
Initial cost, Buildings and Improvements	[1],[5]	16,079
Cost Capitalized Subsequent to Acquisitions	[5]	49
Gross amount carried at end of period, Land	[2],[3],[5]	2,154
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	16,128
Gross amount carried at end of period, Total	[2],[3],[5]	18,282
Accumulated Depreciation	[4],[5]	$ (1,520)
Date Acquired	[5]	2,015
2727 Iowa Street [Member] | Lawrence, KS [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,014
Depreciable Lives	[5]	15 years
2727 Iowa Street [Member] | Lawrence, KS [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,015
Depreciable Lives	[5]	30 years
Blossom Valley Plaza [Member] | Turlock, CA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 9,515
Initial cost, Buildings and Improvements	[1],[5]	11,142
Cost Capitalized Subsequent to Acquisitions	[5]	437
Gross amount carried at end of period, Land	[2],[3],[5]	9,515
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	11,579
Gross amount carried at end of period, Total	[2],[3],[5]	21,094
Accumulated Depreciation	[4],[5]	$ (966)
Date Constructed	[5]	1,988
Date Acquired	[5]	2,015
Blossom Valley Plaza [Member] | Turlock, CA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Blossom Valley Plaza [Member] | Turlock, CA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Branson Hills Plaza [Member] | Branson, MO [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 3,787
Initial cost, Buildings and Improvements	[1]	6,039
Gross amount carried at end of period, Land	[2],[3]	3,787
Gross amount carried at end of period, Building and Improvements	[2],[3]	6,039
Gross amount carried at end of period, Total	[2],[3]	9,826
Accumulated Depreciation	[4]	$ (694)
Date Constructed		2,005
Date Acquired		2,014
Branson Hills Plaza [Member] | Branson, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Branson Hills Plaza [Member] | Branson, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Coastal North Town Center [Member] | Myrtle Beach, SC [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 43,680
Initial cost, Land	[1]	13,725
Initial cost, Buildings and Improvements	[1]	49,673
Cost Capitalized Subsequent to Acquisitions		(744)
Gross amount carried at end of period, Land	[2],[3]	13,725
Gross amount carried at end of period, Building and Improvements	[2],[3]	48,929
Gross amount carried at end of period, Total	[2],[3]	62,654
Accumulated Depreciation	[4]	$ (2,982)
Date Constructed		2,014
Date Acquired		2,016
Coastal North Town Center [Member] | Myrtle Beach, SC [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Coastal North Town Center [Member] | Myrtle Beach, SC [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Coastal North Town Center Phase II [Member] | Myrtle Beach, SC [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 365
Initial cost, Buildings and Improvements	[1]	3,034
Gross amount carried at end of period, Land	[2],[3]	365
Gross amount carried at end of period, Building and Improvements	[2],[3]	3,034
Gross amount carried at end of period, Total	[2],[3]	3,399
Accumulated Depreciation	[4]	$ (54)
Date Constructed		2,016
Date Acquired		2,017
Coastal North Town Center Phase II [Member] | Myrtle Beach, SC [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Coastal North Town Center Phase II [Member] | Myrtle Beach, SC [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dixie Valley [Member] | Louisville, KY [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 6,798
Initial cost, Land	[1]	2,807
Initial cost, Buildings and Improvements	[1]	9,053
Cost Capitalized Subsequent to Acquisitions		949
Gross amount carried at end of period, Land	[2],[3]	2,807
Gross amount carried at end of period, Building and Improvements	[2],[3]	10,002
Gross amount carried at end of period, Total	[2],[3]	12,809
Accumulated Depreciation	[4]	$ (1,181)
Date Constructed		1,988
Date Acquired		2,014
Dixie Valley [Member] | Louisville, KY [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dixie Valley [Member] | Louisville, KY [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dogwood Festival [Member] | Flowood, MO [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 24,352
Initial cost, Land	[1]	4,500
Initial cost, Buildings and Improvements	[1]	41,865
Cost Capitalized Subsequent to Acquisitions		1,472
Gross amount carried at end of period, Land	[2],[3]	4,500
Gross amount carried at end of period, Building and Improvements	[2],[3]	43,337
Gross amount carried at end of period, Total	[2],[3]	47,837
Accumulated Depreciation	[4]	$ (5,654)
Date Constructed		2,002
Date Acquired		2,014
Dogwood Festival [Member] | Flowood, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		5 years
Dogwood Festival [Member] | Flowood, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Brooks, GA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 558
Initial cost, Land	[1]	159
Initial cost, Buildings and Improvements	[1]	857
Gross amount carried at end of period, Land	[2],[3]	159
Gross amount carried at end of period, Building and Improvements	[2],[3]	857
Gross amount carried at end of period, Total	[2],[3]	1,016
Accumulated Depreciation	[4]	$ (160)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Brooks, GA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Brooks, GA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Daleville, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 481
Initial cost, Land	[1]	69
Initial cost, Buildings and Improvements	[1]	761
Gross amount carried at end of period, Land	[2],[3]	69
Gross amount carried at end of period, Building and Improvements	[2],[3]	761
Gross amount carried at end of period, Total	[2],[3]	830
Accumulated Depreciation	[4]	$ (142)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Daleville, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Daleville, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | East Brewton, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 520
Initial cost, Land	[1]	148
Initial cost, Buildings and Improvements	[1]	780
Gross amount carried at end of period, Land	[2],[3]	148
Gross amount carried at end of period, Building and Improvements	[2],[3]	780
Gross amount carried at end of period, Total	[2],[3]	928
Accumulated Depreciation	[4]	$ (150)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | East Brewton, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | East Brewton, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Madisonville, TN [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 695
Initial cost, Land	[1]	273
Initial cost, Buildings and Improvements	[1]	939
Gross amount carried at end of period, Land	[2],[3]	273
Gross amount carried at end of period, Building and Improvements	[2],[3]	939
Gross amount carried at end of period, Total	[2],[3]	1,212
Accumulated Depreciation	[4]	$ (181)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Madisonville, TN [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Madisonville, TN [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Maryville, TN [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 631
Initial cost, Land	[1]	249
Initial cost, Buildings and Improvements	[1]	841
Gross amount carried at end of period, Land	[2],[3]	249
Gross amount carried at end of period, Building and Improvements	[2],[3]	841
Gross amount carried at end of period, Total	[2],[3]	1,090
Accumulated Depreciation	[4]	$ (157)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Maryville, TN [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Maryville, TN [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Mobile, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 601
Initial cost, Land	[1]	208
Initial cost, Buildings and Improvements	[1]	836
Gross amount carried at end of period, Land	[2],[3]	208
Gross amount carried at end of period, Building and Improvements	[2],[3]	836
Gross amount carried at end of period, Total	[2],[3]	1,044
Accumulated Depreciation	[4]	$ (156)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Mobile, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Mobile, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Newport, TN [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 586
Initial cost, Land	[1]	200
Initial cost, Buildings and Improvements	[1]	818
Gross amount carried at end of period, Land	[2],[3]	200
Gross amount carried at end of period, Building and Improvements	[2],[3]	818
Gross amount carried at end of period, Total	[2],[3]	1,018
Accumulated Depreciation	[4]	$ (149)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Newport, TN [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Newport, TN [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Robertsdale, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 847
Initial cost, Land	[1]	324
Initial cost, Buildings and Improvements	[1]	1,178
Gross amount carried at end of period, Land	[2],[3]	324
Gross amount carried at end of period, Building and Improvements	[2],[3]	1,178
Gross amount carried at end of period, Total	[2],[3]	1,502
Accumulated Depreciation	[4]	$ (226)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Robertsdale, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Robertsdale, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Valley, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 531
Initial cost, Land	[1]	119
Initial cost, Buildings and Improvements	[1]	805
Gross amount carried at end of period, Land	[2],[3]	119
Gross amount carried at end of period, Building and Improvements	[2],[3]	805
Gross amount carried at end of period, Total	[2],[3]	924
Accumulated Depreciation	[4]	$ (150)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Valley, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Valley, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General [Member] | Wetumpka, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 692
Initial cost, Land	[1]	272
Initial cost, Buildings and Improvements	[1]	939
Gross amount carried at end of period, Land	[2],[3]	272
Gross amount carried at end of period, Building and Improvements	[2],[3]	939
Gross amount carried at end of period, Total	[2],[3]	1,211
Accumulated Depreciation	[4]	$ (181)
Date Constructed		2,012
Date Acquired		2,012
Dollar General [Member] | Wetumpka, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General [Member] | Wetumpka, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General (Hamilton) [Member] | LaGrange, GA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 621
Initial cost, Land	[1]	100
Initial cost, Buildings and Improvements	[1]	986
Gross amount carried at end of period, Land	[2],[3]	100
Gross amount carried at end of period, Building and Improvements	[2],[3]	986
Gross amount carried at end of period, Total	[2],[3]	1,086
Accumulated Depreciation	[4]	$ (183)
Date Constructed		2,012
Date Acquired		2,012
Dollar General (Hamilton) [Member] | LaGrange, GA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General (Hamilton) [Member] | LaGrange, GA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Dollar General (Wares Cross) [Member] | LaGrange, GA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 681
Initial cost, Land	[1]	248
Initial cost, Buildings and Improvements	[1]	943
Gross amount carried at end of period, Land	[2],[3]	248
Gross amount carried at end of period, Building and Improvements	[2],[3]	943
Gross amount carried at end of period, Total	[2],[3]	1,191
Accumulated Depreciation	[4]	$ (176)
Date Constructed		2,012
Date Acquired		2,012
Dollar General (Wares Cross) [Member] | LaGrange, GA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Dollar General (Wares Cross) [Member] | LaGrange, GA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Eastside Junction [Member] | Athens, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 6,223
Initial cost, Land	[1]	2,411
Initial cost, Buildings and Improvements	[1]	8,393
Gross amount carried at end of period, Land	[2],[3]	2,411
Gross amount carried at end of period, Building and Improvements	[2],[3]	8,393
Gross amount carried at end of period, Total	[2],[3]	10,804
Accumulated Depreciation	[4]	$ (895)
Date Constructed		2,008
Date Acquired		2,015
Eastside Junction [Member] | Athens, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Eastside Junction [Member] | Athens, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Fairgrounds Crossing [Member] | Hot Springs, AR [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 13,453
Initial cost, Land	[1]	6,069
Initial cost, Buildings and Improvements	[1]	22,637
Gross amount carried at end of period, Land	[2],[3]	6,069
Gross amount carried at end of period, Building and Improvements	[2],[3]	22,637
Gross amount carried at end of period, Total	[2],[3]	28,706
Accumulated Depreciation	[4]	$ (2,257)
Date Constructed		2,008
Date Acquired		2,015
Fairgrounds Crossing [Member] | Hot Springs, AR [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Fairgrounds Crossing [Member] | Hot Springs, AR [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Fox Point Plaza [Member] | Neenah, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 10,837
Initial cost, Land	[1]	3,518
Initial cost, Buildings and Improvements	[1]	12,681
Cost Capitalized Subsequent to Acquisitions		717
Gross amount carried at end of period, Land	[2],[3]	3,518
Gross amount carried at end of period, Building and Improvements	[2],[3]	13,398
Gross amount carried at end of period, Total	[2],[3]	16,916
Accumulated Depreciation	[4]	$ (1,599)
Date Constructed		2,008
Date Acquired		2,014
Fox Point Plaza [Member] | Neenah, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Fox Point Plaza [Member] | Neenah, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Frisco Marketplace [Member] | Frisco, TX [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 6,618
Initial cost, Buildings and Improvements	[1],[5]	3,315
Gross amount carried at end of period, Land	[2],[3],[5]	6,618
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	3,315
Gross amount carried at end of period, Total	[2],[3],[5]	9,933
Accumulated Depreciation	[4],[5]	$ (419)
Date Constructed	[5]	2,002
Date Acquired	[5]	2,015
Frisco Marketplace [Member] | Frisco, TX [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Frisco Marketplace [Member] | Frisco, TX [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Green Tree Shopping Center [Member] | Katy, TX [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 13,100
Initial cost, Land	[1]	7,218
Initial cost, Buildings and Improvements	[1]	17,846
Cost Capitalized Subsequent to Acquisitions		(102)
Gross amount carried at end of period, Land	[2],[3]	7,218
Gross amount carried at end of period, Building and Improvements	[2],[3]	17,744
Gross amount carried at end of period, Total	[2],[3]	24,962
Accumulated Depreciation	[4]	$ (1,771)
Date Constructed		1,997
Date Acquired		2,015
Green Tree Shopping Center [Member] | Katy, TX [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		5 years
Green Tree Shopping Center [Member] | Katy, TX [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Harris Plaza [Member] | Layton, UT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 6,500
Initial cost, Buildings and Improvements	[1],[5]	19,403
Cost Capitalized Subsequent to Acquisitions	[5]	1,324
Gross amount carried at end of period, Land	[2],[3],[5]	6,500
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	20,727
Gross amount carried at end of period, Total	[2],[3],[5]	27,227
Accumulated Depreciation	[4],[5]	$ (3,223)
Date Acquired	[5]	2,014
Harris Plaza [Member] | Layton, UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,001
Depreciable Lives	[5]	15 years
Harris Plaza [Member] | Layton, UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,008
Depreciable Lives	[5]	30 years
Harvest Square [Member] | Harvest, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 6,707
Initial cost, Land	[1]	2,186
Initial cost, Buildings and Improvements	[1]	9,330
Cost Capitalized Subsequent to Acquisitions		136
Gross amount carried at end of period, Land	[2],[3]	2,186
Gross amount carried at end of period, Building and Improvements	[2],[3]	9,466
Gross amount carried at end of period, Total	[2],[3]	11,652
Accumulated Depreciation	[4]	$ (1,105)
Date Constructed		2,008
Date Acquired		2,014
Harvest Square [Member] | Harvest, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Harvest Square [Member] | Harvest, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Heritage Square [Member] | Conyers, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 4,460
Initial cost, Land	[1]	2,028
Initial cost, Buildings and Improvements	[1]	5,538
Cost Capitalized Subsequent to Acquisitions		260
Gross amount carried at end of period, Land	[2],[3]	2,028
Gross amount carried at end of period, Building and Improvements	[2],[3]	5,798
Gross amount carried at end of period, Total	[2],[3]	7,826
Accumulated Depreciation	[4]	$ (651)
Date Constructed		2,010
Date Acquired		2,014
Heritage Square [Member] | Conyers, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Heritage Square [Member] | Conyers, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Kroger - Copps Grocery Store [Member] | Stevens Point, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 1,440
Initial cost, Buildings and Improvements	[1],[5]	11,799
Gross amount carried at end of period, Land	[2],[3],[5]	1,440
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	11,799
Gross amount carried at end of period, Total	[2],[3],[5]	13,239
Accumulated Depreciation	[4],[5]	$ (1,304)
Date Constructed	[5]	2,012
Date Acquired	[5]	2,014
Kroger - Copps Grocery Store [Member] | Stevens Point, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Kroger - Copps Grocery Store [Member] | Stevens Point, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Kroger - Pick n Save Center [Member] | West Bend, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 9,561
Initial cost, Land	[1]	3,150
Initial cost, Buildings and Improvements	[1]	14,283
Cost Capitalized Subsequent to Acquisitions		375
Gross amount carried at end of period, Land	[2],[3]	3,150
Gross amount carried at end of period, Building and Improvements	[2],[3]	14,658
Gross amount carried at end of period, Total	[2],[3]	17,808
Accumulated Depreciation	[4]	$ (1,756)
Date Constructed		2,011
Date Acquired		2,014
Kroger - Pick n Save Center [Member] | West Bend, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Kroger - Pick n Save Center [Member] | West Bend, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Lakeside Crossing [Member] | Lynchburg, VA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 9,910
Initial cost, Land	[1]	1,460
Initial cost, Buildings and Improvements	[1]	16,999
Cost Capitalized Subsequent to Acquisitions		271
Gross amount carried at end of period, Land	[2],[3]	1,460
Gross amount carried at end of period, Building and Improvements	[2],[3]	17,270
Gross amount carried at end of period, Total	[2],[3]	18,730
Accumulated Depreciation	[4]	$ (2,233)
Date Constructed		2,013
Date Acquired		2,014
Lakeside Crossing [Member] | Lynchburg, VA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Lakeside Crossing [Member] | Lynchburg, VA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Landing at Ocean Isle Beach [Member] | Ocean Isle, NC [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 3,053
Initial cost, Buildings and Improvements	[1],[5]	7,081
Cost Capitalized Subsequent to Acquisitions	[5]	69
Gross amount carried at end of period, Land	[2],[3],[5]	3,053
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	7,150
Gross amount carried at end of period, Total	[2],[3],[5]	10,203
Accumulated Depreciation	[4],[5]	$ (907)
Date Constructed	[5]	2,009
Date Acquired	[5]	2,014
Landing at Ocean Isle Beach [Member] | Ocean Isle, NC [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Landing at Ocean Isle Beach [Member] | Ocean Isle, NC [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Mansfield Pointe [Member] | Mansfield, TX [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 14,200
Initial cost, Land	[1]	5,350
Initial cost, Buildings and Improvements	[1]	20,002
Cost Capitalized Subsequent to Acquisitions		2
Gross amount carried at end of period, Land	[2],[3]	5,350
Gross amount carried at end of period, Building and Improvements	[2],[3]	20,004
Gross amount carried at end of period, Total	[2],[3]	25,354
Accumulated Depreciation	[4]	$ (2,787)
Date Constructed		2,008
Date Acquired		2,014
Mansfield Pointe [Member] | Mansfield, TX [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Mansfield Pointe [Member] | Mansfield, TX [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Marketplace at El Paseo [Member] | Fresno, CA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 38,000
Initial cost, Land	[1]	16,390
Initial cost, Buildings and Improvements	[1]	46,971
Cost Capitalized Subsequent to Acquisitions		(517)
Gross amount carried at end of period, Land	[2],[3]	16,390
Gross amount carried at end of period, Building and Improvements	[2],[3]	46,454
Gross amount carried at end of period, Total	[2],[3]	62,844
Accumulated Depreciation	[4]	$ (3,654)
Date Constructed		2,014
Date Acquired		2,015
Marketplace at El Paseo [Member] | Fresno, CA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Marketplace at El Paseo [Member] | Fresno, CA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Marketplace at Tech Center [Member] | Newport News, VA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 47,550
Initial cost, Land	[1]	10,684
Initial cost, Buildings and Improvements	[1]	68,580
Cost Capitalized Subsequent to Acquisitions		(208)
Gross amount carried at end of period, Land	[2],[3]	10,684
Gross amount carried at end of period, Building and Improvements	[2],[3]	68,372
Gross amount carried at end of period, Total	[2],[3]	79,056
Accumulated Depreciation	[4]	$ (4,844)
Date Constructed		2,015
Date Acquired		2,015
Marketplace at Tech Center [Member] | Newport News, VA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Marketplace at Tech Center [Member] | Newport News, VA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
MidTowne Shopping Center [Member] | Little Rock, AR [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 20,725
Initial cost, Land	[1]	8,810
Initial cost, Buildings and Improvements	[1]	29,699
Cost Capitalized Subsequent to Acquisitions		456
Gross amount carried at end of period, Land	[2],[3]	8,810
Gross amount carried at end of period, Building and Improvements	[2],[3]	30,155
Gross amount carried at end of period, Total	[2],[3]	38,965
Accumulated Depreciation	[4]	$ (4,116)
Date Acquired		2,014
MidTowne Shopping Center [Member] | Little Rock, AR [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,005
Depreciable Lives		5 years
MidTowne Shopping Center [Member] | Little Rock, AR [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,008
Depreciable Lives		30 years
Milford Marketplace [Member] | Milford, CT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 18,727
Initial cost, Buildings and Improvements	[1]	35,867
Cost Capitalized Subsequent to Acquisitions		40
Gross amount carried at end of period, Building and Improvements	[2],[3]	35,907
Gross amount carried at end of period, Total	[2],[3]	35,907
Accumulated Depreciation	[4]	$ (2,885)
Date Constructed		2,007
Date Acquired		2,015
Milford Marketplace [Member] | Milford, CT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Milford Marketplace [Member] | Milford, CT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Newington Fair [Member] | Newington, CT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 7,833
Initial cost, Buildings and Improvements	[1],[5]	8,329
Cost Capitalized Subsequent to Acquisitions	[5]	331
Gross amount carried at end of period, Land	[2],[3],[5]	7,833
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	8,660
Gross amount carried at end of period, Total	[2],[3],[5]	16,493
Accumulated Depreciation	[4],[5]	$ (1,968)
Date Acquired	[5]	2,012
Newington Fair [Member] | Newington, CT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	1,994
Depreciable Lives	[5]	15 years
Newington Fair [Member] | Newington, CT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,009
Depreciable Lives	[5]	30 years
North Hills Square [Member] | Coral Springs, FL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 5,525
Initial cost, Land	[1]	4,800
Initial cost, Buildings and Improvements	[1]	5,493
Cost Capitalized Subsequent to Acquisitions		183
Gross amount carried at end of period, Land	[2],[3]	4,800
Gross amount carried at end of period, Building and Improvements	[2],[3]	5,676
Gross amount carried at end of period, Total	[2],[3]	10,476
Accumulated Depreciation	[4]	$ (786)
Date Constructed		1,997
Date Acquired		2,014
North Hills Square [Member] | Coral Springs, FL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
North Hills Square [Member] | Coral Springs, FL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Oquirrh Mountain Marketplace [Member] | Jordan, UT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 4,254
Initial cost, Buildings and Improvements	[1],[5]	14,467
Cost Capitalized Subsequent to Acquisitions	[5]	(156)
Gross amount carried at end of period, Land	[2],[3],[5]	4,254
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	14,311
Gross amount carried at end of period, Total	[2],[3],[5]	18,565
Accumulated Depreciation	[4],[5]	$ (1,085)
Date Acquired	[5]	2,015
Oquirrh Mountain Marketplace [Member] | Jordan, UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,014
Depreciable Lives	[5]	15 years
Oquirrh Mountain Marketplace [Member] | Jordan, UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,015
Depreciable Lives	[5]	30 years
Oquirrh Mountain Marketplace Phase II [Member] | Jordan, UT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 1,403
Initial cost, Buildings and Improvements	[1],[5]	3,727
Cost Capitalized Subsequent to Acquisitions	[5]	(54)
Gross amount carried at end of period, Land	[2],[3],[5]	1,403
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	3,673
Gross amount carried at end of period, Total	[2],[3],[5]	5,076
Accumulated Depreciation	[4],[5]	$ (217)
Date Acquired	[5]	2,016
Oquirrh Mountain Marketplace Phase II [Member] | Jordan, UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,014
Depreciable Lives	[5]	15 years
Oquirrh Mountain Marketplace Phase II [Member] | Jordan, UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,015
Depreciable Lives	[5]	30 years
Park Avenue Shopping Center [Member] | Little Rock, AR [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 14,062
Initial cost, Land	[1]	5,500
Initial cost, Buildings and Improvements	[1]	16,365
Cost Capitalized Subsequent to Acquisitions		2,932
Gross amount carried at end of period, Land	[2],[3]	5,500
Gross amount carried at end of period, Building and Improvements	[2],[3]	19,297
Gross amount carried at end of period, Total	[2],[3]	24,797
Accumulated Depreciation	[4]	$ (2,551)
Date Constructed		2,012
Date Acquired		2,014
Park Avenue Shopping Center [Member] | Little Rock, AR [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Park Avenue Shopping Center [Member] | Little Rock, AR [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Pentucket Shopping Center [Member] | Plaistow, NH [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 14,700
Initial cost, Land	[1]	5,993
Initial cost, Buildings and Improvements	[1]	11,251
Cost Capitalized Subsequent to Acquisitions		29
Gross amount carried at end of period, Land	[2],[3]	5,993
Gross amount carried at end of period, Building and Improvements	[2],[3]	11,280
Gross amount carried at end of period, Total	[2],[3]	17,273
Accumulated Depreciation	[4]	$ (327)
Date Constructed		1,986
Date Acquired		2,017
Pentucket Shopping Center [Member] | Plaistow, NH [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Pentucket Shopping Center [Member] | Plaistow, NH [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Plaza at Prairie Ridge [Member] | Pleasant Prairie, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 618
Initial cost, Buildings and Improvements	[1],[5]	2,305
Gross amount carried at end of period, Land	[2],[3],[5]	618
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	2,305
Gross amount carried at end of period, Total	[2],[3],[5]	2,923
Accumulated Depreciation	[4],[5]	$ (234)
Date Constructed	[5]	2,008
Date Acquired	[5]	2,015
Plaza at Prairie Ridge [Member] | Pleasant Prairie, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Plaza at Prairie Ridge [Member] | Pleasant Prairie, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Prattville Town Center [Member] | Prattville, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 15,930
Initial cost, Land	[1]	5,336
Initial cost, Buildings and Improvements	[1]	27,672
Cost Capitalized Subsequent to Acquisitions		90
Gross amount carried at end of period, Land	[2],[3]	5,336
Gross amount carried at end of period, Building and Improvements	[2],[3]	27,762
Gross amount carried at end of period, Total	[2],[3]	33,098
Accumulated Depreciation	[4]	$ (2,817)
Date Constructed		2,007
Date Acquired		2,015
Prattville Town Center [Member] | Prattville, AL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Prattville Town Center [Member] | Prattville, AL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Regal Court [Member] | Shreveport, LA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 26,000
Initial cost, Land	[1]	5,873
Initial cost, Buildings and Improvements	[1]	41,181
Cost Capitalized Subsequent to Acquisitions		1,151
Gross amount carried at end of period, Land	[2],[3]	5,873
Gross amount carried at end of period, Building and Improvements	[2],[3]	42,332
Gross amount carried at end of period, Total	[2],[3]	48,205
Accumulated Depreciation	[4]	$ (4,211)
Date Constructed		2,008
Date Acquired		2,015
Regal Court [Member] | Shreveport, LA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		5 years
Regal Court [Member] | Shreveport, LA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Settlers Ridge [Member] | Pittsburgh, PA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 76,533
Initial cost, Land	[1]	25,961
Initial cost, Buildings and Improvements	[1]	98,157
Cost Capitalized Subsequent to Acquisitions		186
Gross amount carried at end of period, Land	[2],[3]	25,961
Gross amount carried at end of period, Building and Improvements	[2],[3]	98,343
Gross amount carried at end of period, Total	[2],[3]	124,304
Accumulated Depreciation	[4]	$ (8,317)
Date Constructed		2,011
Date Acquired		2,015
Settlers Ridge [Member] | Pittsburgh, PA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Settlers Ridge [Member] | Pittsburgh, PA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Shoppes at Lake Park [Member] | West Valley City. UT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 2,285
Initial cost, Buildings and Improvements	[1],[5]	8,527
Gross amount carried at end of period, Land	[2],[3],[5]	2,285
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	8,527
Gross amount carried at end of period, Total	[2],[3],[5]	10,812
Accumulated Depreciation	[4],[5]	$ (904)
Date Constructed	[5]	2,008
Date Acquired	[5]	2,015
Shoppes at Lake Park [Member] | West Valley City. UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Shoppes at Lake Park [Member] | West Valley City. UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Shoppes at Market Pointe [Member] | Papillion, NE [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 13,700
Initial cost, Land	[1]	12,499
Initial cost, Buildings and Improvements	[1]	8,388
Cost Capitalized Subsequent to Acquisitions		590
Gross amount carried at end of period, Land	[2],[3]	12,499
Gross amount carried at end of period, Building and Improvements	[2],[3]	8,978
Gross amount carried at end of period, Total	[2],[3]	21,477
Accumulated Depreciation	[4]	$ (1,247)
Date Acquired		2,015
Shoppes at Market Pointe [Member] | Papillion, NE [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,006
Depreciable Lives		15 years
Shoppes at Market Pointe [Member] | Papillion, NE [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,007
Depreciable Lives		30 years
Shoppes at Prairie Ridge [Member] | Pleasant Prairie, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 15,591
Initial cost, Land	[1]	7,521
Initial cost, Buildings and Improvements	[1]	22,468
Cost Capitalized Subsequent to Acquisitions		279
Gross amount carried at end of period, Land	[2],[3]	7,521
Gross amount carried at end of period, Building and Improvements	[2],[3]	22,747
Gross amount carried at end of period, Total	[2],[3]	30,268
Accumulated Depreciation	[4]	$ (2,454)
Date Constructed		2,009
Date Acquired		2,014
Shoppes at Prairie Ridge [Member] | Pleasant Prairie, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Shoppes at Prairie Ridge [Member] | Pleasant Prairie, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
The Shoppes at Branson Hills [Member] | Branson, MO [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 20,240
Initial cost, Land	[1]	4,418
Initial cost, Buildings and Improvements	[1]	37,229
Cost Capitalized Subsequent to Acquisitions		920
Gross amount carried at end of period, Land	[2],[3]	4,418
Gross amount carried at end of period, Building and Improvements	[2],[3]	38,149
Gross amount carried at end of period, Total	[2],[3]	42,567
Accumulated Depreciation	[4]	$ (4,078)
Date Constructed		2,005
Date Acquired		2,014
The Shoppes at Branson Hills [Member] | Branson, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
The Shoppes at Branson Hills [Member] | Branson, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Shops at Hawk Ridge [Member] | St. Louis, MO [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 1,329
Initial cost, Buildings and Improvements	[1],[5]	10,341
Cost Capitalized Subsequent to Acquisitions	[5]	240
Gross amount carried at end of period, Land	[2],[3],[5]	1,329
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	10,581
Gross amount carried at end of period, Total	[2],[3],[5]	11,910
Accumulated Depreciation	[4],[5]	$ (1,096)
Date Constructed	[5]	2,009
Date Acquired	[5]	2,015
Shops at Hawk Ridge [Member] | St. Louis, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	5 years
Shops at Hawk Ridge [Member] | St. Louis, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Treasure Valley [Member] | Nampa, ID [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 3,133
Initial cost, Buildings and Improvements	[1],[5]	12,000
Gross amount carried at end of period, Land	[2],[3],[5]	3,133
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	12,000
Gross amount carried at end of period, Total	[2],[3],[5]	15,133
Accumulated Depreciation	[4],[5]	$ (1,177)
Date Constructed	[5]	2,014
Date Acquired	[5]	2,015
Treasure Valley [Member] | Nampa, ID [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	15 years
Treasure Valley [Member] | Nampa, ID [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
Village at Burlington Creek [Member] | Kansas City, MO [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 17,723
Initial cost, Land	[1]	10,789
Initial cost, Buildings and Improvements	[1]	19,385
Cost Capitalized Subsequent to Acquisitions		342
Gross amount carried at end of period, Land	[2],[3]	10,789
Gross amount carried at end of period, Building and Improvements	[2],[3]	19,727
Gross amount carried at end of period, Total	[2],[3]	30,516
Accumulated Depreciation	[4]	$ (1,807)
Date Acquired		2,015
Village at Burlington Creek [Member] | Kansas City, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,007
Depreciable Lives		5 years
Village at Burlington Creek [Member] | Kansas City, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,015
Depreciable Lives		30 years
Walgreens Plaza [Member] | Jacksonville, NC [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 4,650
Initial cost, Land	[1]	2,624
Initial cost, Buildings and Improvements	[1]	9,683
Cost Capitalized Subsequent to Acquisitions		199
Gross amount carried at end of period, Land	[2],[3]	2,624
Gross amount carried at end of period, Building and Improvements	[2],[3]	9,882
Gross amount carried at end of period, Total	[2],[3]	12,506
Accumulated Depreciation	[4]	$ (1,010)
Date Constructed		2,011
Date Acquired		2,015
Walgreens Plaza [Member] | Jacksonville, NC [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Walgreens Plaza [Member] | Jacksonville, NC [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Wedgewood Commons [Member] | Olive Branch, MS [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 15,260
Initial cost, Land	[1]	2,220
Initial cost, Buildings and Improvements	[1]	26,577
Cost Capitalized Subsequent to Acquisitions		129
Gross amount carried at end of period, Land	[2],[3]	2,220
Gross amount carried at end of period, Building and Improvements	[2],[3]	26,706
Gross amount carried at end of period, Total	[2],[3]	28,926
Accumulated Depreciation	[4]	$ (3,745)
Date Acquired		2,013
Wedgewood Commons [Member] | Olive Branch, MS [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,009
Depreciable Lives		5 years
Wedgewood Commons [Member] | Olive Branch, MS [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2,013
Depreciable Lives		30 years
Whispering Ridge [Member] | Omaha, NE [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 1,627
Initial cost, Buildings and Improvements	[1],[5]	10,418
Cost Capitalized Subsequent to Acquisitions	[5]	(6,670)
Gross amount carried at end of period, Land	[2],[3],[5]	1,627
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	3,748
Gross amount carried at end of period, Total	[2],[3],[5]	$ 5,375
Date Constructed	[5]	2,007
Date Acquired	[5]	2,015
Whispering Ridge [Member] | Omaha, NE [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	5 years
Whispering Ridge [Member] | Omaha, NE [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[5]	30 years
White City [Member] | Shrewsbury, MA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 49,400
Initial cost, Land	[1]	18,961
Initial cost, Buildings and Improvements	[1]	70,423
Cost Capitalized Subsequent to Acquisitions		1,679
Gross amount carried at end of period, Land	[2],[3]	18,961
Gross amount carried at end of period, Building and Improvements	[2],[3]	72,102
Gross amount carried at end of period, Total	[2],[3]	91,063
Accumulated Depreciation	[4]	$ (6,990)
Date Constructed		2,013
Date Acquired		2,015
White City [Member] | Shrewsbury, MA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
White City [Member] | Shrewsbury, MA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Wilson Marketplace [Member] | Wilson, NC [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 24,480
Initial cost, Land	[1]	11,155
Initial cost, Buildings and Improvements	[1]	27,498
Gross amount carried at end of period, Land	[2],[3]	11,155
Gross amount carried at end of period, Building and Improvements	[2],[3]	27,498
Gross amount carried at end of period, Total	[2],[3]	38,653
Accumulated Depreciation	[4]	$ (926)
Date Constructed		2,007
Date Acquired		2,017
Wilson Marketplace [Member] | Wilson, NC [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Wilson Marketplace [Member] | Wilson, NC [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Yorkville Marketplace [Member] | Yorkville, IL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1],[5]	$ 4,990
Initial cost, Buildings and Improvements	[1],[5]	13,928
Cost Capitalized Subsequent to Acquisitions	[5]	498
Gross amount carried at end of period, Land	[2],[3],[5]	4,990
Gross amount carried at end of period, Building and Improvements	[2],[3],[5]	14,426
Gross amount carried at end of period, Total	[2],[3],[5]	19,416
Accumulated Depreciation	[4],[5]	$ (1,679)
Date Acquired	[5]	2,015
Yorkville Marketplace [Member] | Yorkville, IL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,002
Depreciable Lives	[5]	15 years
Yorkville Marketplace [Member] | Yorkville, IL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed	[5]	2,007
Depreciable Lives	[5]	30 years
[1]	The initial cost to the Company represents the original purchase price of the property including impairment charges recorded subsequent to acquisition to reduce basis.
[2]	Reconciliation of real estate owned:
[3]	The aggregate cost of real estate owned at December 31, 2017 and 2016 for federal income tax purposes was approximately $1,440,279 and $1,364,864, respectively (unaudited).
[4]	Reconciliation of accumulated depreciation:
[5]	These properties serve as security for our Credit Facility.

Schedule III Real Estate and 76

Schedule III Real Estate and Accumulated Depreciation (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Aggregate cost of real estate owned for federal income tax purpose	$ 1,440,279	$ 1,364,864

Schedule III Real Estate and 77

Schedule III Real Estate and Accumulated Depreciation - Reconciliation of Real Estate Owned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017		Dec. 31, 2016	Dec. 31, 2015
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Balance at January 1,	$ 1,233,231		$ 1,161,437	$ 414,463
Acquisitions	59,306		68,977	743,893
Improvements, net of master lease	5,594		2,817	3,081
Impairment of investment property	(9,214)
Balance at December 31,	$ 1,288,917	[1],[2]	$ 1,233,231	$ 1,161,437
[1]	Reconciliation of real estate owned:
[2]	The aggregate cost of real estate owned at December 31, 2017 and 2016 for federal income tax purposes was approximately $1,440,279 and $1,364,864, respectively (unaudited).

Schedule III Real Estate and 78

Schedule III Real Estate and Accumulated Depreciation - Reconciliation of Accumulated Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017		Dec. 31, 2016	Dec. 31, 2015
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Balance at January 1,	$ 62,631		$ 27,545	$ 6,236
Depreciation expense	39,497		35,086	21,309
Impairment of investment property	(1,034)
Balance at December 31,	$ 101,094	[1]	$ 62,631	$ 27,545
[1]	Reconciliation of accumulated depreciation: