Inland Real Estate Income Trust (INRE) 10-K 20 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 14, 2019	Jun. 30, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	Inland Real Estate Income Trust, Inc.
Entity Central Index Key	0001528985
Document Type	10-K
Document Period End Date	Dec. 31, 2018
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 Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Public Float			$ 786,260,115
Entity Common Stock, Shares Outstanding		35,590,899
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Investment properties:
Land	$ 277,229,000	$ 277,229,000
Building and other improvements	1,021,607,000	1,011,688,000
Total	1,298,836,000	1,288,917,000
Less accumulated depreciation	(139,134,000)	(101,094,000)
Net investment properties	1,159,702,000	1,187,823,000
Cash and cash equivalents	15,239,000	11,904,000
Restricted cash	1,001,000	4,940,000
Investment in unconsolidated entities		7,125,000
Accounts and rent receivable	16,176,000	15,152,000
Acquired lease intangible assets, net	115,357,000	138,658,000
Deferred costs, net	2,570,000	1,317,000
Other assets	10,024,000	8,451,000
Total assets	1,320,069,000	1,375,370,000
Liabilities:
Mortgages and credit facility payable, net	705,884,000	691,465,000
Accounts payable and accrued expenses	8,849,000	10,167,000
Distributions payable	11,924,000	4,537,000
Acquired intangible liabilities, net	57,462,000	62,270,000
Deferred investment property acquisition obligations	0	1,050,000
Due to related parties	2,604,000	2,665,000
Other liabilities	16,268,000	11,744,000
Total liabilities	802,991,000	783,898,000
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, 35,343,256 and 35,498,444 shares issued and outstanding as of December 31, 2018 and 2017, respectively	35,000	35,000
Additional paid in capital	795,409,000	798,567,000
Accumulated distributions and net loss	(283,859,000)	(212,883,000)
Accumulated other comprehensive income	5,493,000	5,753,000
Total stockholders’ equity	517,078,000	591,472,000
Total liabilities and stockholders’ equity	$ 1,320,069,000	$ 1,375,370,000

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
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	35,343,256	35,498,444
Common stock, shares outstanding	35,343,256	35,498,444

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income:
Total income	$ 128,701,000	$ 129,157,000	$ 121,498,000
Cost and Expenses:
Property operating expenses	22,772,000	22,369,000	21,460,000
Real estate tax expense	15,841,000	15,992,000	14,202,000
General and administrative expenses	4,869,000	5,200,000	5,908,000
Acquisition related costs	29,000	754,000	(1,556,000)
Business management fee	9,345,000	9,196,000	8,580,000
Provision for asset impairment	5,540,000	8,530,000	0
Depreciation and amortization	57,835,000	61,804,000	59,860,000
Total expenses	110,691,000	123,845,000	108,454,000
Operating income	18,010,000	5,312,000	13,044,000
Interest expense	(27,137,000)	(24,582,000)	(21,635,000)
Gain on early termination of interest rate swap agreements	1,151,000
Loss on extinguishment of debt	(411,000)
Interest and other income	516,000	147,000	378,000
Provision for impairment of investment in and note receivable from unconsolidated entities	(15,405,000)
Equity in earnings of unconsolidated entities		21,000	252,000
Net loss	$ (23,276,000)	$ (19,102,000)	$ (7,961,000)
Net loss per common share, basic and diluted	$ (0.65)	$ (0.54)	$ (0.23)
Weighted average number of common shares outstanding, basic and diluted	35,589,729	35,571,249	34,963,827
Comprehensive loss:
Net loss	$ (23,276,000)	$ (19,102,000)	$ (7,961,000)
Unrealized gain on derivatives	291,000	1,043,000	1,861,000
Reclassification adjustment for amounts included in net loss	(551,000)	2,405,000	4,038,000
Comprehensive loss	(23,536,000)	(15,654,000)	(2,062,000)
Rental Income [Member]
Income:
Total income	99,637,000	99,413,000	93,719,000
Tenant Recovery Income [Member]
Income:
Total income	28,641,000	29,270,000	26,723,000
Other Property Income [Member]
Income:
Total income	$ 423,000	$ 474,000	$ 1,056,000

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, 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 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
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 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
Distributions declared	$ (47,700)			(47,700)
Proceeds from distribution reinvestment plan	19,339	$ 1	19,338
Proceeds from distribution reinvestment plan, shares		864,039
Shares repurchased	(22,545)	$ (1)	(22,544)
Shares repurchased, shares		(1,020,223)
Unrealized gain on derivatives	291				291
Reclassification adjustment for amounts included in net gain (loss)	(551)				(551)
Equity based compensation	48		48
Equity based compensation, shares		996
Net loss	(23,276)			(23,276)
Balance at Dec. 31, 2018	$ 517,078	$ 35	$ 795,409	$ (283,859)	$ 5,493
Balance, shares at Dec. 31, 2018	35,343,256	35,343,256

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net loss	$ (23,276)	$ (19,102)	$ (7,961)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	57,835	61,804	59,860
Provision for asset impairment		8,530
Provision for impairment of investment in and note receivable from unconsolidated entities	15,405
Amortization of debt issuance costs and mortgage premiums, net	596	397	359
Loss on extinguishment of debt	411
Amortization of acquired market leases, net	(917)	(1,415)	(812)
Amortization of equity based compensation	48	33	14
Straight-line income, net	(1,180)	(1,678)	(2,164)
Equity in (earnings) loss of unconsolidated entity		(21)	(252)
Distributions from unconsolidated entity		146	126
Payment of leasing fees	(1,707)	(823)	(413)
Adjustment of contingent earnout liability	(853)	575	(3,709)
Gain on early termination of interest rate swap agreements	(1,151)
Other non-cash adjustments	149	(40)	(244)
Changes in assets and liabilities:
Accounts payable and accrued expenses	(1,848)	3,249	(1,324)
Accounts and rent receivable	906	(1,020)	(1,386)
Due to related parties	(19)	(150)	(5,891)
Other liabilities	499	(118)	(197)
Other assets	153	504	197
Net cash flows provided by operating activities	45,051	50,871	36,203
Cash flows from investing activities:
Purchase of investment properties		(69,953)	(79,034)
Capital expenditures	(10,087)	(6,209)	(9,320)
Investment in unconsolidated joint ventures	(2,736)	(6,917)
Other assets and other liabilities	(5,800)	(203)	(1,637)
Net cash flows used in investing activities	(18,623)	(83,282)	(89,991)
Cash flows from financing activities:
Payment of offering costs			(199)
Payment of credit facility	(56,278)	(43,000)	(141,000)
Proceeds from credit facility	257,000	95,800	72,000
Proceeds from mortgages payable		39,179	150,335
Payment of mortgages payable	(184,947)	(6,494)	(58,494)
Proceeds from the distribution reinvestment plan	19,339	27,069	27,831
Shares repurchased	(19,612)	(19,984)	(8,754)
Distributions paid	(40,313)	(53,315)	(52,358)
Early termination of interest rate swap agreements	1,192
Payment of deferred investment property acquisition obligation	(1,050)	(6,415)	(8,838)
Payment of debt issuance costs	(2,363)	(442)	(1,674)
Net cash flows (used in) provided by financing activities	(27,032)	32,398	(21,151)
Net increase (decrease) in cash, cash equivalents and restricted cash	(604)	(13)	(74,939)
Cash, cash equivalents and restricted cash, at beginning of the year	16,844	16,857	91,796
Cash, cash equivalents and restricted cash, at end of the year	16,240	16,844	16,857
Supplemental disclosure of cash flow information:
Land		17,513	15,128
Building and improvements		41,793	53,849
Acquired in-place lease intangibles		6,740	12,768
Acquired above market lease intangibles		8,645	1,080
Acquired below market lease intangibles		(4,589)	(3,432)
Assumed liabilities, net		(149)	(359)
Purchase of investment properties		69,953	79,034
Cash paid for interest, net of amounts capitalized	26,874	24,206	21,087
Supplemental schedule of non-cash investing and financing activities:
Accrued SRP	5,463	2,530	1,448
Distributions payable	$ 11,924	$ 4,537	$ 4,488

Organization

Organization	12 Months Ended
	Dec. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
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 and intends to target a portfolio of 100% grocery-anchored properties 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, 2018, the Company owned 59 retail properties, totaling 6,870,124 square feet. The properties are located in 24 states. At December 31, 2018, the portfolio had a weighted average physical occupancy of 94.1% and economic occupancy of 94.7%. 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, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES General The 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 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. 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. 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. At December 31, 2018, there is no earnout liability outstanding. 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 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 consolidated statements of operations and comprehensive loss. Impairment of Investment Properties and Equity Method Investments 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. On a quarterly basis, management assesses whether there are any indicators that the carrying value of the Company’s investment in unconsolidated entities and notes receivable may be other than temporarily impaired as a loss in value that is other than a temporary decline is required to be recognized. Indicators include significant delays in construction, significant costs over budget and financial concerns. To the extent indicators suggest that a loss in value may have occurred, the Company will evaluate both quantitative and qualitative factors to determine if the loss in value is other than temporary. If a potential loss in value is determined to be other than temporary, the Company will recognize an impairment loss based on the estimated fair value of the investment. During the year ended December 31, 2018, the Company recorded an impairment charge of $9,865 related to its investment in Mainstreet Texas Development Fund, LLC, a joint venture formed to develop three transitional care/rapid recovery centers (“Mainstreet JV”). The Company has determined that, as of December 31, 2018, collection of its note receivable from Mainstreet JV is improbable and therefore, recorded an impairment charge of $5,540 to reduce the note receivable balance to zero. Both impairment charges related to Mainstreet JV are included in provision for impairment of investment in and note receivable from unconsolidated entities on the consolidated statements of operations and comprehensive loss. During the year ended December 31, 2017, the Company recorded an impairment charge of $8,530 which is included in provision for asset impairment on the consolidated statements of operations and comprehensive loss. During the year ended December 31, 2016 t no REIT Status The Company 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. Commencing with such taxable year, the Company was organized and began operating in such a manner as to qualify for taxation as a REIT under the Internal Revenue Code and believes it has so qualified. 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. The earnings of any taxable REIT subsidiaries will generally be subject to U.S. Federal corporate income tax. 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 properties 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 $38,040, $39,497 and $35,086 for the years ended December 31, 2018, 2017 and 2016, respectively. Amortization of leasing fees were $360, $168, and $68 for the years ended December 31, 2018, 2017 and 2016, respectively. 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. 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 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, 2018 and 2017. The Company recognizes expense related to the fair value of equity-based compensation awards as general and administrative expense in the 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. Recently Adopted Accounting Pronouncements In November 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, requires that amounts described as restricted cash and restricted cash equivalents be included in beginning and ending-of-period reconciliation of cash shown on the statement of cash flows. Amounts included in restricted cash represent those required to be set aside by lenders for real estate taxes, insurance, capital expenditures and tenant improvements on our existing properties. These amounts also include post close escrows for tenant improvements, leasing commissions, master lease, general repairs and maintenance, and are classified as restricted cash on the Company’s consolidated balance sheets. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported on the Company’s consolidated balance sheets to such amounts shown in the Company’s consolidated statements of cash flows: December 31, 2018 2018 2017 Cash and cash equivalents $ 15,239 $ 11,904 Restricted cash 1,001 4,940 Total cash, cash equivalents, and restricted cash $ 16,240 $ 16,844 On January 1, 2018, the Company adopted Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The Company selected the modified retrospective transition method which would include a cumulative effect of applying the standard on January 1, 2018. As the Company reviewed its revenue streams and concluded its previous recognition of revenue was in compliance with the new standard, no cumulative effect adjustment was required. Common area maintenance reimbursements that may be impacted will not be addressed until the Company's adoption of ASU No. 2016-02, Leases (Topic 842) considering its revisions to accounting for common area maintenance. Concurrently with the adoption of ASC 606, the Company adopted ASC 610-20, Other Income: Gains and Losses from the De-recognition of Non-financial Assets ("ASC 610-20") using the modified retrospective approach. ASC 610-20 applies to the sale, transfer and derecognition of nonfinancial assets and in substance nonfinancial assets to non-customers, including partial sales, and eliminates the guidance specific to real estate in ASC 360-20. Beginning January 1, 2018, gains on sales of properties, including partial sales, of non-financial assets (and in-substance non-financial assets) to non-customer are recognized in accordance with ASC 610-20, while the sale of non-financial assets with customers are governed by ASC 606. The only difference in the treatment of sales to customers and non-customers is the presentation in the Consolidated Statements of Operations (revenue and expense is reported when the sale is to a customer and net gain or loss is reported when the sale is to a non-customer). Based on the nature of the Company’s business, any property sales are expected to be transactions with non-customers. With respect to full disposals, the recognition will generally be consistent with the Company’s current measurement and pattern of recognition. Any sales of non-financial assets would represent only one performance obligation and would be recognized when an enforceable contract is in place, collectability is ensured, and control is transferred to the buyer. With respect to partial sales of real estate to joint ventures, the new guidance requires the Company to recognize a full gain or loss where an equity investment is retained, to the extent control is not retained. Any noncontrolling interest retained by the Company would, accordingly, be measured at fair value. We have not disposed of any property or land, and therefore, the adoption of ASC 610-20 has not had an impact on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230). The new guidance is intended to reduce diversity in practice in how certain transactions are classified in the statement of cash flows. The issues addressed in the new guidance include the cash flow classification of: debt prepayment and debt extinguishment costs, settlement of zero-coupon debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies, distributions received from equity method investments, beneficial interests in securitization transactions and separately identifiable cash flows and application of the predominance principle. The standard was effective for fiscal years beginning after December 15, 2017, for public companies. The Company adopted the new accounting standard on January 1, 2018 by making a policy election to classify distributions received from an equity method investee as operating cash inflows up to its cumulative equity in earnings and any excess as investing inflows. Recently Issued Accounting Pronouncements In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). On July 30, 2018 the FASB issued ASU No. 2018-11, Targeted Improvements, Leases (Topic 842) ASU No. 2018-11 also provides companies with an additional (and optional) transition method to adopt the new leases standard. Under this new transition method, an entity initially applies the new leases standard at the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company expects to adopt the ASU No. 2016-02 on its effective date without restating comparative periods and For lessees, ASU No. 2016-02 establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. The Company is the lessee under a ground lease, for which it expects to recognize an ROU asset of approximately $15 to $17 million and a related lease liability of approximately $22 to $25 million on January 1, 2019 on its consolidated balance sheet upon adoption. Such amounts are subject to change and will be finalized on the Company’s consolidated financial statements for the three months ended March 31, 2019.

Equity

Equity	12 Months Ended
	Dec. 31, 2018
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 5, 2019, 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 as of December 31, 2018. The previously estimated per share NAV of the Company’s common stock as of December 31, 2017 was established on March 20, 2018. 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. Distributions reinvested through the DRP were $19,339, $27,069 and $27,831 for the years ended December 31, 2018, 2017 and 2016, respectively. Share Repurchase Program The Company adopted a share repurchase program (as amended, “SRP”) effective October 18, 2012, under which 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. In the case of repurchases made upon the death of a stockholder or qualifying disability, as defined in the SRP, the one year holding period does not apply. The SRP was amended and restated 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. On February 11, 2019, the Company’s board of directors adopted a second amended and restated SRP (the “A&R SRP”), which will become effective on March 21, 2019. Under the A&R SRP, the Company is authorized to make ordinary repurchase at a price equal to 80.0% of the “share price,” which is defined in the A&R SRP as an amount equal to the lesser of: (A) $25, as adjusted under certain circumstances, including, among other things, if the applicable shares were purchased from the Company at a discounted price; or (B) the most recently disclosed estimated value per share. Prior to the amendment, the Company was authorized to make ordinary repurchases at a price ranging from 92.5% to 100% of the “share price.” The Company may repurchase shares upon a stockholder’s death or qualifying disability at a price equal to 100% of the “share price.” The A&R SRP provides the Company’s board of directors with the discretion to reduce the funding limit for share repurchases. Prior to the amendment, the funding for ordinary repurchases was limited to the proceeds from the DRP during a particular quarter. The A&R SRP limits the dollar amount for any repurchases made by the Company each calendar quarter to an amount equal to a percentage determined in the sole discretion of the board on a quarterly basis that will not be less than 50% of the net proceeds from the DRP during the applicable quarter. The Company continues to limit the number of shares repurchased during any calendar year to 5% of the number of shares outstanding on December 31st of the previous calendar year, as adjusted for the Reverse Stock Split. If either or both of the repurchase limitations prevent the Company from repurchasing all of the shares offered for repurchase during a calendar quarter, the Company will repurchase shares, on a pro rata basis within each category below, in accordance with the repurchase limitations in the following order: (a) first, all repurchases sought upon a stockholder’s death or qualifying disability and (b) second, all ordinary repurchases. Shares not repurchased due to the pro rata impact will be included in the list of requests in the immediately following calendar quarter, unless the request is withdrawn. The A&R SRP provides that a requesting party must own shares of at least $500 after giving effect to any repurchase by the Company. If a requesting party would fail to maintain this minimum balance after giving effect to any repurchase, the Company may, in its discretion, repurchase the remaining balance of shares which is less than $500, subject to the 5% share limit described above The SRP will immediately terminate if the Company’s shares become listed for trading on a national securities exchange Repurchases through the SRP were $22,545, $21,066 and $9,724 for the years ended December 31, 2018, 2017 and 2016, respectively. At December 31, 2018 and 2017, the liability related to the SRP was $5,463 and $2,530, respectively, recorded in other liabilities on the Company’s consolidated balance sheets.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Acquisitions	NOTE 4 – ACQUISITIONS 2018 Acquisitions During the year ended December 31, 2018, the Company did not acquire any additional properties. 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 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 consolidated statements of operations and comprehensive loss. 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. The following table presents certain additional information regarding the Company’s acquisitions during the year ended December 31, 2017. 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 Land $ 17,513 Building and improvements 41,793 Acquired lease intangible assets, net 15,385 Acquired intangible liabilities, net (4,589 ) Assumed liabilities, net (149 ) Total $ 69,953

Investment in and Notes Receiva

Investment in and Notes Receivable from Unconsolidated Entities	12 Months Ended
	Dec. 31, 2018
Investment In And Notes Receivable From Unconsolidated Entities [Abstract]
Investment in and Notes Receivable from Unconsolidated Entities	NOTE 5 – INVESTMENT IN AND NOTES RECEIVABLE FROM UNCONSOLIDATED ENTITIES In August 2017, the Company, through a wholly owned taxable REIT subsidiary, made an equity commitment to Mainstreet JV to develop, construct, lease, finance and sell parcels of land and related building improvements including personal property which were to be operated as rapid recovery healthcare facilities located in Beaumont, Amarillo and Temple, Texas. As of December 31, 2017, the equity investment in Mainstreet JV was $7,125. In conjunction with its equity investment in Mainstreet JV, the Company also agreed to provide subsidiaries of Mainstreet JV mezzanine loans in the aggregate amount of $5,400. The loan term was for 48 months with the Company earning interest at a rate of 14.5% per annum and receiving monthly interest payments based on a 10.5% pay rate. The remaining unpaid interest was to be due at maturity or upon certain defined events. The mezzanine loans were guaranteed by one of the other members of the joint venture. The borrowers could draw on the mezzanine loans as needed in connection with the construction of the rapid recovery healthcare facilities, however, did not draw on the mezzanine loans until the Company had fully funded its equity commitment to Mainstreet JV. As of December 31, 2017, the Company had not loaned any funds related to the mezzanine loans. During 2018, the Company funded its remaining equity commitment to Mainstreet JV, as well as the full $5,400 of mezzanine loans. Subsequently, during 2018, the Company identified several indicators that suggested it was probable that the Company would not recover its equity investment in or the mezzanine loans advanced to Mainstreet JV. Such indicators included construction overruns, loss of a planned tenant and the related cost of re-leasing. Additionally, the construction mortgage lender to Mainstreet JV stopped funding the construction draws for two of the properties and began foreclosure proceedings. As the Company does not intend to fund any more investments in Mainstreet JV and it does not expect to recover any of its previous investments, the Company determined an impairment for both its investment in and notes receivable from Mainstreet JV is appropriate. During the year ended December 31, 2018, the Company recorded an impairment to its investment in Mainstreet JV of $9,865 and an impairment to its notes receivable from unconsolidated entities of $5,540, both included in provision for impairment of investment in and note receivable from unconsolidated entities on the consolidated statement of operations and comprehensive loss. Both amounts represent a full impairment of such investments.

Acquired Intangible Assets and

Acquired Intangible Assets and Liabilities	12 Months Ended
	Dec. 31, 2018
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, 2018 and 2017: December 31, 2018 December 31, 2017 Intangible assets: Acquired in-place lease value $ 165,182 $ 165,182 Acquired above market lease value 45,824 45,824 Accumulated amortization (95,649 ) (72,348 ) Acquired lease intangibles, net $ 115,357 $ 138,658 Intangible liabilities: Acquired below market lease value $ 71,551 $ 71,551 Above market ground lease 5,169 5,169 Accumulated amortization (19,258 ) (14,450 ) Acquired below market lease intangibles, net $ 57,462 $ 62,270 As of December 31, 2018, 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: 2018 2017 2016 Acquired in-place lease value $ 19,410 $ 22,104 $ 24,174 Amortization recorded as a reduction to property operating expense: Above market ground lease $ 94 $ 94 $ 94 Amortization recorded as a (reduction) increase to rental income: Acquired above market leases $ (3,891 ) $ (4,379 ) $ (4,341 ) Acquired below market leases 4,714 5,700 5,059 Net rental income increase $ 823 $ 1,321 $ 718 Estimated amortization of the respective intangible lease assets and liabilities as of December 31, 2018 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 2019 $ 16,882 $ 3,405 $ (4,297 ) $ (94 ) 2020 $ 13,884 $ 3,067 $ (4,078 ) $ (94 ) 2021 $ 11,427 $ 2,997 $ (3,896 ) $ (94 ) 2022 $ 8,781 $ 2,691 $ (3,637 ) $ (94 ) 2023 $ 7,514 $ 2,489 $ (3,348 ) $ (94 ) Thereafter $ 26,400 $ 15,820 $ (33,341 ) $ (4,395 ) Total $ 84,888 $ 30,469 $ (52,597 ) $ (4,865 )

Debt and Derivative Instruments

Debt and Derivative Instruments	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Debt and Derivative Instruments	NOTE 7 – DEBT AND DERIVATIVE INSTRUMENTS As of December 31, 2018 and 2017, the Company had the following mortgages and credit facility payable: December 31, 2018 December 31, 2017 Type of Debt Principal Amount Weighted Average Interest Rate Principal Amount Weighted Average Interest Rate Fixed rate mortgages payable $ 171,646 4.25 % $ 171,851 4.25 % Variable rate mortgages payable with swap agreements 252,244 3.33 % 383,517 3.49 % Variable rate mortgages payable 684 3.95 % 54,153 3.26 % Mortgages payable $ 424,574 3.71 % $ 609,521 3.69 % Credit facility payable $ 284,523 4.22 % $ 83,800 3.21 % Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps $ 709,097 3.91 % $ 693,321 3.63 % Add: Unamortized mortgage premiums 1,683 2,316 Less: Unamortized debt issuance costs (4,896 ) (4,172 ) Total debt $ 705,884 $ 691,465 The Company’s indebtedness bore interest at a weighted average interest rate of 3.91% per annum at December 31, 2018, 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 $709,097 and $693,321 as of December 31, 2018 and 2017, respectively, and its estimated fair value was $709,737 and $684,621 as of December 31, 2018 and 2017, respectively. As of December 31, 2018, scheduled principal payments and maturities on the Company’s debt were as follows: December 31, 2018 Scheduled Principal Payments and Maturities by Year: Scheduled Principal Payments Maturities of Mortgage Loans Maturity of Credit Facility Total 2019 $ 232 $ 7,447 $ — $ 7,679 2020 897 — — 897 2021 1,531 82,740 — 84,271 2022 615 101,537 134,523 236,675 2023 — 91,230 150,000 241,230 Thereafter 962 137,383 — 138,345 Total $ 4,237 $ 420,337 $ 284,523 $ 709,097 Credit Facility Payable On August 1, 2018, the Company amended and restated its Credit Facility to, among other things, increase the facility from $110,000 to $350,000 including a $200,000 revolving credit facility (the “Revolving Credit Facility”) and a $150,000 term loan (the “Term Loan”), with an accordion feature that allows for an increase in available borrowings up to $700,000, subject to certain conditions. At December 31, 2018, the Company had $134,523 outstanding under the Revolving Credit Facility and $150,000 outstanding under the Term Loan. At December 31, 2018 the interest rate on the Revolving Credit Facility and the Term Loan was 4.15% and 4.29%, respectively. The Revolving Credit Facility matures on August 1, 2022, and the Company has the option to extend the maturity date for one additional year subject to the payment of an extension fee and certain other conditions. The Term Loan matures on August 1, 2023. As of December 31, 2018 the Company had $65,477 available for borrowing under the Revolving Credit Facility. The Company’s performance of the obligations under the Credit Facility, including the payment of any outstanding indebtedness under the Credit Facility, is guaranteed by certain subsidiaries of the Company, including each of the subsidiaries of the Company which owns or leases any of the properties included in the pool of unencumbered properties comprising the borrowing base. Additional properties will be added to and removed from the pool from time to time to support amounts borrowed under the Credit Facility. At December 31, 2018, there were 28 properties included in the pool of unencumbered properties. During the year ended December 31, 2018, the Company paid-off twelve mortgage loans with a principal balance of $184,700 and ten interest rate swap agreements with a notional amount of $131,300. The Credit Facility requires compliance with certain covenants, 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. Gain on early termination of interest rate swap agreements During the year ended December 31, 2018, the Company recorded a net gain of $1,151 of which $1,192 was received in cash, related to the early termination of certain interest rate swap agreements that had corresponding early mortgage pay-offs. Loss on extinguishment of debt During the year ended December 31, 2018, the Company realized a loss on extinguishment of debt in the consolidated statements of operations and comprehensive loss of $411 due to the write-off of the unamortized balance of debt issuance costs associated with ten loans that were repaid prior to maturity. Mortgages Payable The mortgage loans require compliance with certain covenants, such as debt service ratios, investment restrictions and distribution limitations. As of December 31, 2018, 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, 2018, the weighted average years to maturity for the Company’s mortgages payable was 4.6 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, 2018. Date Entered Effective Date Maturity Date Pay Fixed Rate (a) Notional Amount Fair Value December 2018 Assets February 11, 2015 March 2, 2015 March 1, 2022 2.02 % 6,114 76 April 7, 2015 April 7, 2015 April 7, 2022 1.74 % 49,400 1,057 September 17, 2015 September 17, 2015 September 17, 2022 1.90 % 13,700 258 October 2, 2015 November 1, 2015 November 1, 2022 1.79 % 13,100 304 December 23, 2015 December 23, 2015 January 2, 2026 2.30 % 26,000 304 January 25, 2016 February 1, 2016 February 1, 2021 1.40 % 38,000 831 June 7, 2016 July 1, 2016 July 1, 2023 1.42 % 43,680 1,869 July 21, 2016 August 1, 2016 August 1, 2023 1.30 % 47,550 2,336 June 5, 2017 May 31, 2017 May 15, 2022 1.90 % 14,700 251 $ 252,244 $ 7,286 Liabilities August 23, 2018 September 4, 2018 August 1, 2023 2.73 % 60,000 (768 ) August 23, 2018 September 4, 2018 August 1, 2023 2.74 % 25,000 (320 ) August 23, 2018 September 4, 2018 August 1, 2023 2.74 % 25,000 (325 ) August 23, 2018 September 4, 2018 August 1, 2023 2.73 % 40,000 (513 ) $ 150,000 $ (1,926 ) (a) Receive floating rate index based upon one month LIBOR. At December 31, 2018, the one month LIBOR equaled 2.50%. 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, 2018, 2017 and 2016. Year Ended December 31, Derivatives in Cash Flow Hedging Relationships: 2018 2017 2016 Effective portion of derivatives $ 291 $ 1,043 $ 1,861 Reclassification adjustment for amounts included in net gain or loss (effective portion) $ (551 ) $ 2,405 $ 4,038 Ineffective portion of derivatives $ (176 ) $ 7 $ 233 The amount that is expected to be reclassified from accumulated other comprehensive income into income in the next twelve months is $1,989.

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Dec. 31, 2018
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 12, 2018, we issued 1,677 restricted shares and 650 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 12, 2018, subject to certain exceptions. In accordance with the RSP, restricted shares and restricted share units were issued to non-employee directors as compensation. Each restricted share and restricted share unit entitle the holder to receive one common share when it vests. Restricted shares and restricted share units are included in common stock outstanding on the date of the vesting. The grant-date value of the restricted shares and restricted share units is amortized over the vesting period representing the requisite service period. Compensation expense associated with the restricted shares and restricted share units issued to the non-employee directors was $48 and $33, in the aggregate, for the year ended December 31, 2018 and 2017, respectively. As of December 31, 2018 and 2017, the Company had $48 and $44, respectively, of unrecognized compensation expense related to the unvested restricted shares and restricted share units, in the aggregate. The weighted average remaining period that compensation expense related to unvested restricted shares and restricted share units will be recognized is 1.5 years. 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, 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 Granted 1,677 650 52 52 Vested (996 ) (353 ) (30 ) (30 ) Converted — — — — Forfeited — — — — Outstanding at December 31, 2018 3,224 1,201 $ 100 $ 100

Income Tax and Distributions

Income Tax and Distributions	12 Months Ended
	Dec. 31, 2018
Income Tax And Distributions [Abstract]
Income Tax and Distributions	NOTE 9 – INCOME TAX AND DISTRIBUTIONS In 2018, the Company paid pays quarterly distributions in an amount equal to $0.335 per share, which represents an annualized rate of 6% based on the previously estimated per share NAV as of December 31, 2017, payable in arrears the following quarter. 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. 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, 2018, 2017 and 2016. December 31, 2018 2017 2016 Distributions paid $ 40,313 $ 53,315 $ 52,358 Distributions declared $ 47,700 $ 53,364 $ 52,449 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 dividend 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, 2018, 2017 and 2016, the Company’s taxable income was $9,073 (unaudited), $10,045 (unaudited) and $9,890 (unaudited), respectively The following table sets forth the taxability of distributions on common shares, on a per share basis, paid in 2018, 2017 and 2016 2018 2017 2016 Ordinary income $ 0.26 $ 0.29 $ 0.29 Capital gain $ 0.04 $ — $ — Nontaxable return of capital $ 1.04 $ 1.21 $ 1.18 As a result of the $15,405 impairment for the Mainstreet JV recorded on the Company’s consolidated statements of operations and comprehensive loss during the year ended December 31, 2018, the Company will likely recognize either a capital or net operating loss or a combination thereof, for income tax purposes, from this venture in the future. The Company’s investment in Mainstreet JV is held through a taxable REIT subsidiary. Based on an effective tax rate of 28.51%, which is calculated by combining a 21% Federal tax rate and an IL tax rate of 7.51% (9.5% state rate net of the Federal benefit), the deferred tax benefit related to the impairment is approximately $4,400. Since the taxable REIT subsidiary does not currently conduct any activities outside the investment in Mainstreet JV, management does not believe it is more likely than not that the taxable REIT subsidiary will be able to utilize these losses in future tax periods. As a result, management recorded a full valuation allowance of $4,400 to account for this uncertainty.

Earnings (Loss) per Share

Earnings (Loss) per Share	12 Months Ended
	Dec. 31, 2018
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, 2018 and 2017, 2,625 shares and 1,507 shares, respectively, were excluded from the computation of diluted EPS, because they would have been antidilutive.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
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”). At December 31, 2018, there is no earnout liability outstanding. The table below presents the change in the Company’s Earnout liability for the years ended December 31, 2018 and 2017. December 31, 2018 2017 Earnout liability-beginning of period $ 1,050 $ 6,856 Increases: Additional earnout liability 816 — Amortization expense 24 35 Decreases: Earnout payments (1,865 ) (6,415 ) Other: Adjustments to acquisition related costs (25 ) 574 Earnout liability – end of period $ — $ 1,050 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.

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, 2018, 2017 and 2016.

Transactions with Related Parti

Transactions with Related Parties	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Transactions With Related Parties	NOTE 13 – TRANSACTIONS WITH RELATED PARTIES The following table summarizes the Company’s related party transactions for the years ended December 31, . Year ended December 31, Unpaid amounts as of 2018 2017 2016 December 31, 2018 December 31, 2017 General and administrative reimbursements (a) $ 1,526 $ 1,608 $ 1,975 $ 216 $ 203 Acquisition related costs $ 8 $ 274 $ 409 $ — $ — Acquisition fees 28 1,266 1,327 — 51 Total acquisition costs and fees (b) $ 36 $ 1,540 $ 1,736 $ — $ 51 Real estate management fees $ 4,907 $ 4,800 $ 4,473 $ — $ — Property operating expenses $ 1,135 $ 1,114 $ 1,026 $ — $ — Construction management fees 220 113 121 6 35 Leasing fees 251 214 168 37 51 Total real estate management related costs (c) $ 6,513 $ 6,241 $ 5,788 $ 43 $ 86 Business management fees (d) $ 9,345 $ 9,196 $ 8,580 $ 2,345 $ 2,325 (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 consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the consolidated balance sheets. (b) Prior to February 11, 2019, the Company was required to pay 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 management agreement was amended and restated to, among other things, remove the obligation to pay acquisition fees and disposition fees payable to the Business Manager by the Company with respect to transactions occurring on or after February 11, 2019. The Business Manager and its related parties continue to be 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 $36 related party acquisition costs and fees incurred during the year ended December 31, 2018, $12 are capitalized as the acquisition of net investment properties in the consolidated balance sheets. 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 consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the 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 consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss. (c) 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 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 consolidated statements of operations and comprehensive loss. (d) 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.

Operating Leases

Operating Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Operating Leases	NOTE 14 – OPERATING LEASES Minimum lease payments to be received under operating leases including ground leases, as of December 31, 2018 Minimum Payments 2019 $ 92,014 2020 $ 85,453 2021 $ 79,935 2022 $ 70,313 2023 $ 58,788 Thereafter $ 194,708 Total $ 581,211 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, 2018
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, 2018 and 2017, respectively. Fair Value Level 1 Level 2 Level 3 Total December 31, 2018 Interest rate swap agreements - Other assets $ — $ 7,286 $ — $ 7,286 Interest rate swap agreements - Other liabilities $ — $ 1,926 $ — $ 1,926 December 31, 2017 Interest rate swap agreements - Other assets $ — $ 6,136 $ — $ 6,136 Interest rate swap agreements - Other liabilities $ — $ 340 $ — $ 340 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. Fair Value Level 1 Level 2 Level 3 Total Total Impairment Loss December 31, 2017 Asset impairment $ — $ — $ 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 During the year ended December 31, 2016, no

Quarterly Supplemental Financia

Quarterly Supplemental Financial Information	12 Months Ended
	Dec. 31, 2018
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 2018 and 2017. 2018 Dec 31 Sept 30 Jun 30 Mar 31 Total income $ 31,893 $ 32,290 $ 31,870 $ 32,648 Net loss $ (13,071 ) $ (5,791 ) $ (2,174 ) $ (2,240 ) Net loss per common share, basic and diluted (1) $ (0.37 ) $ (0.16 ) $ (0.06 ) $ (0.06 ) Weighted average number of common shares outstanding, basic and diluted (1) 35,587,000 35,589,157 35,588,790 35,594,052 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 (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.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	NOTE 17 – SUBSEQUENT EVENTS Announcement of the Company’s Strategic Plan On February 11, 2019, the Company’s board of directors approved a strategic plan (the “Strategic Plan”) with the goals of providing future liquidity to investors and creating long-term stockholder value. Key elements of the Strategic Plan include, among other things: • Asset Management Strategy. The Strategic Plan centers around owning a portfolio of 100% grocery-anchored properties with lower exposure to big box retailers. As part of this strategy, the Company’s management team and board will consider the opportunistic sale of certain assets with the goal of redeploying capital into the acquisition of strategically located grocery-anchored centers, as well as the redevelopment of select centers within the current portfolio. • Liquidity Plan. The Company plans to move toward a liquidity event in the next 24 to 36 months, or sooner, market conditions permitting, most likely through a listing on a public securities exchange. • Amend the Company’s Share Repurchase Program in connection with the Strategic Plan, the Board adopted the A&R SRP, which will become effective on March 21, 2019. For additional information regarding the A&R SRP, reference is made to Note 3 – “Equity” • Amend the Company’s Business Management Agreement. The Business Manager has agreed to eliminate all future acquisition and disposition fees. Announcement of the Company’s Estimated Per Share NAV On March 11, 2019, the Company announced that the Company’s board of directors unanimously approved: (i) an Estimated Per Share NAV as of December 31, 2018; (ii) the same per share purchase price for shares issued under the DRP beginning with the first quarter distribution payment to stockholders to be paid in April 2019 , and (iii) that, in accordance with the A&R SRP, which will be effective March 21, 2019, and until the Company announces a new Estimated Per Share NAV, any shares accepted for ordinary repurchases will be repurchased at 80% of the Estimated Per Share NAV and any shares accepted for “exceptional repurchases” will be repurchased at the Estimated Per Share NAV. Determination of Funding Limit for the A&R SRP On March 19, 2019, pursuant to the A&R SRP, the Company’s board of directors determined to reduce the funding limit for share repurchases in April 2019 to an amount equal to 50% of the net proceeds from the DRP during the first quarter of 2019. The Company continues to limit the number of shares repurchased during any calendar year to 5% of the number of shares outstanding on December 31st of the previous calendar year, as adjusted for the Reverse Stock Split. Declaration of Distributions On March 19, 2019, the Company’s board of directors declared the first quarter distribution in an amount equal to $0.30 per share payable to stockholders of record as of the close of business on March 31, 2019. The amount of distribution declared represents an annualized rate of 6% based on the Estimated Per Share NAV as of December 31, 2018. The first quarter distribution is expected to be paid on or before April 5, 2019.

Schedule - Schedule III Real Es

Schedule - Schedule III Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2018
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	Schedule III Real Estate and Accumulated Depreciation December 31, 2018 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 (C) Land(D) Buildings and Improve- ments (D) Total (D) Accumu- lated Deprecia- tion (E) Date Con- structed Date Acquired Depre- ciable Lives 2727 Iowa St $ — $ 2,154 $ 16,079 $ 215 $ 2,154 $ 16,294 $ 18,448 $ (2,096 ) 2014-2015 2015 15-30 Lawrence, KS Blossom Valley Plaza — 9,515 11,142 576 9,515 11,718 21,233 (1,431 ) 1988 2015 15-30 Turlock, CA Branson Hills Plaza — 3,787 6,039 174 3,787 6,213 10,000 (931 ) 2005 2014 15-30 Branson, MO Coastal North Town Center 43,680 13,725 49,673 (1,369 ) 13,725 48,304 62,029 (4,748 ) 2014 2016 15-30 Myrtle Beach, SC Coastal North Town Center - Phase II — 365 3,034 — 365 3,034 3,399 (163 ) 2016 2017 15-30 Myrtle Beach, SC Dixie Valley 6,798 2,807 9,053 949 2,807 10,002 12,809 (1,577 ) 1988 2014 15-30 Louisville, KY Dogwood Festival — 4,500 41,865 2,687 4,500 44,552 49,052 (7,308 ) 2002 2014 5-30 Flowood, MO Dollar General 558 159 857 — 159 857 1,016 (192 ) 2012 2012 15-30 Brooks, GA Dollar General 481 69 761 — 69 761 830 (170 ) 2012 2012 15-30 Daleville, AL Dollar General 520 148 780 — 148 780 928 (179 ) 2012 2012 15-30 East Brewton, AL Dollar General (Hamilton) 621 100 986 — 100 986 1,086 (220 ) 2012 2012 15-30 LaGrange, GA Dollar General (Wares Cross) 681 248 943 — 248 943 1,191 (211 ) 2012 2012 15-30 LaGrange, GA Dollar General 695 273 939 — 273 939 1,212 (216 ) 2012 2012 15-30 Madisonville, TN Dollar General 631 249 841 — 249 841 1,090 (188 ) 2012 2012 15-30 Maryville, TN Dollar General 601 208 836 — 208 836 1,044 (187 ) 2012 2012 15-30 Mobile, AL Dollar General 586 200 818 — 200 818 1,018 (178 ) 2012 2012 15-30 Newport, TN Dollar General 847 324 1,178 — 324 1,178 1,502 (270 ) 2012 2012 15-30 Robertsdale, AL Dollar General 531 119 805 — 119 805 924 (180 ) 2012 2012 15-30 Valley, AL Dollar General 692 272 939 — 272 939 1,211 (216 ) 2012 2012 15-30 Wetumpka, AL Eastside Junction 6,126 2,411 8,393 8 2,411 8,401 10,812 (1,221 ) 2008 2015 15-30 Athens, AL Fairgrounds Crossing 13,453 6,069 22,637 187 6,069 22,824 28,893 (3,081 ) 2008 2015 15-30 Hot Springs, AR Fox Point Plaza — 3,518 12,681 753 3,518 13,434 16,952 (2,220 ) 2008 2014 15-30 Neenah, WI Frisco Marketplace — 6,618 3,315 — 6,618 3,315 9,933 (571 ) 2002 2015 15-30 Frisco, TX Green Tree Shopping Center 13,100 7,218 17,846 456 7,218 18,302 25,520 (2,449 ) 1997 2015 5-30 Katy, TX Harris Plaza — 6,500 19,403 1,780 6,500 21,183 27,683 (3,969 ) 2001-2008 2014 15-30 Layton, UT Harvest Square 6,600 2,186 9,330 136 2,186 9,466 11,652 (1,495 ) 2008 2014 15-30 Harvest, AL Heritage Square 4,460 2,028 5,538 322 2,028 5,860 7,888 (889 ) 2010 2014 15-30 Conyers, AL Kroger - Copps Grocery Store (D) — 1,440 11,799 — 1,440 11,799 13,239 (1,738 ) 2012 2014 15-30 Stevens Point, WI Kroger - Pick n Save Center — 3,150 14,283 1,345 3,150 15,628 18,778 (2,308 ) 2011 2014 15-30 West Bend, WI Lakeside Crossing — 1,460 16,999 432 1,460 17,431 18,891 (2,890 ) 2013 2014 15-30 Lynchburg, VA Landing at Ocean Isle Beach — 3,053 7,081 105 3,053 7,186 10,239 (1,210 ) 2009 2014 15-30 Ocean Isle, NC Mansfield Pointe — 5,350 20,002 133 5,350 20,135 25,485 (3,555 ) 2008 2014 15-30 Mansfield, TX Marketplace at El Paseo 38,000 16,390 46,971 (627 ) 16,390 46,344 62,734 (5,343 ) 2014 2015 15-30 Fresno, CA Marketplace at Tech Center 47,550 10,684 68,580 (113 ) 10,684 68,467 79,151 (7,263 ) 2015 2015 15-30 Newport News, VA MidTowne Shopping Center — 8,810 29,699 565 8,810 30,264 39,074 (5,271 ) 2005/2008 2014 5-30 Little Rock, AR Milford Marketplace 18,727 — 35,867 824 — 36,691 36,691 (4,199 ) 2007 2015 15-30 Milford, CT Newington Fair — 7,833 8,329 331 7,833 8,660 16,493 (2,365 ) 1994/2009 2012 15-30 Newington, CT North Hills Square — 4,800 5,493 236 4,800 5,729 10,529 (1,006 ) 1997 2014 15-30 Coral Springs, FL Oquirrh Mountain Marketplace — 4,254 14,467 177 4,254 14,644 18,898 (1,608 ) 2014-2015 2015 15-30 Jordan, UT Oquirrh Mountain Marketplace Phase II — 1,403 3,727 (54 ) 1,403 3,673 5,076 (354 ) 2014-2015 2016 15-30 Jordan, UT Park Avenue Shopping Center — 5,500 16,365 2,947 5,500 19,312 24,812 (3,271 ) 2012 2014 15-30 Little Rock, AR Pentucket Shopping Center 14,700 5,993 11,251 30 5,993 11,281 17,274 (765 ) 1986 2017 15-30 Plaistow, NH Plaza at Prairie Ridge — 618 2,305 — 618 2,305 2,923 (316 ) 2008 2015 15-30 Pleasant Prairie, WI Prattville Town Center 15,930 5,336 27,672 91 5,336 27,763 33,099 (3,850 ) 2007 2015 15-30 Prattville, AL Regal Court 26,000 5,873 41,181 1,361 5,873 42,542 48,415 (5,777 ) 2008 2015 5-30 Shreveport, LA Settlers Ridge 76,533 25,961 98,157 238 25,961 98,395 124,356 (12,031 ) 2011 2015 15-30 Pittsburgh, PA Shoppes at Lake Park — 2,285 8,527 — 2,285 8,527 10,812 (1,214 ) 2008 2015 15-30 West Valley City. UT Shoppes at Market Pointe 13,700 12,499 8,388 783 12,499 9,171 21,670 (1,693 ) 2006-2007 2015 15-30 Papillion, NE Shoppes at Prairie Ridge — 7,521 22,468 351 7,521 22,819 30,340 (3,343 ) 2009 2014 15-30 Pleasant Prairie, WI The Shoppes at Branson Hills — 4,418 37,229 961 4,418 38,190 42,608 (5,476 ) 2005 2014 15-30 Branson, MO Shops at Hawk Ridge — 1,329 10,341 251 1,329 10,592 11,921 (1,505 ) 2009 2015 5-30 St. Louis, MO Treasure Valley — 3,133 12,000 — 3,133 12,000 15,133 (1,638 ) 2014 2015 15-30 Nampa, ID Village at Burlington Creek 17,723 10,789 19,385 793 10,789 20,178 30,967 (2,555 ) 2007 & 2015 2015 5-30 Kansas City, MO Walgreens Plaza 4,650 2,624 9,683 410 2,624 10,093 12,717 (1,403 ) 2011 2015 15-30 Jacksonville, NC Wedgewood Commons — 2,220 26,577 157 2,220 26,734 28,954 (4,692 ) 2009-2013 2013 5-30 Olive Branch, MS Whispering Ridge — 1,627 10,418 (4,144 ) 1,627 6,274 7,901 (156 ) 2007 2015 5-30 Omaha, NE White City 49,400 18,961 70,423 1,788 18,961 72,211 91,172 (9,589 ) 2013 2015 15-30 Shrewsbury, MA Wilson Marketplace — 11,155 27,498 1,020 11,155 28,518 39,673 (1,977 ) 2007 2017 15-30 Wilson, NC Yorkville Marketplace — 4,990 13,928 538 4,990 14,466 19,456 (2,217 ) 2002 & 2007 2015 15-30 Yorkville, IL Total: $ 424,574 $ 277,229 $ 1,003,804 $ 17,803 $ 277,229 $ 1,021,607 $ 1,298,836 $ (139,134 ) 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, 2018 for federal income tax purposes was $1,448,586. (C) As applicable, some amounts include write-offs (D) Reconciliation of real estate owned: 2018 2017 2016 Balance at January 1, $ 1,288,917 $ 1,233,231 $ 1,161,437 Acquisitions — 59,306 68,977 Improvements, net of master lease 9,919 5,594 2,817 Impairment of investment property — (9,214 ) — Balance at December 31, $ 1,298,836 $ 1,288,917 $ 1,233,231 (E) Balance at January 1, $ 101,094 $ 62,631 $ 27,545 Depreciation expense 38,040 39,497 35,086 Impairment of investment property — (1,034 ) — Balance at December 31, $ 139,134 $ 101,094 $ 62,631

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
General	General The 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 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.
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.
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. At December 31, 2018, there is no earnout liability outstanding. 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 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 consolidated statements of operations and comprehensive loss.
Impairment of Investment Properties and Equity Method Investments	Impairment of Investment Properties and Equity Method Investments 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. On a quarterly basis, management assesses whether there are any indicators that the carrying value of the Company’s investment in unconsolidated entities and notes receivable may be other than temporarily impaired as a loss in value that is other than a temporary decline is required to be recognized. Indicators include significant delays in construction, significant costs over budget and financial concerns. To the extent indicators suggest that a loss in value may have occurred, the Company will evaluate both quantitative and qualitative factors to determine if the loss in value is other than temporary. If a potential loss in value is determined to be other than temporary, the Company will recognize an impairment loss based on the estimated fair value of the investment. During the year ended December 31, 2018, the Company recorded an impairment charge of $9,865 related to its investment in Mainstreet Texas Development Fund, LLC, a joint venture formed to develop three transitional care/rapid recovery centers (“Mainstreet JV”). The Company has determined that, as of December 31, 2018, collection of its note receivable from Mainstreet JV is improbable and therefore, recorded an impairment charge of $5,540 to reduce the note receivable balance to zero. Both impairment charges related to Mainstreet JV are included in provision for impairment of investment in and note receivable from unconsolidated entities on the consolidated statements of operations and comprehensive loss. During the year ended December 31, 2017, the Company recorded an impairment charge of $8,530 which is included in provision for asset impairment on the consolidated statements of operations and comprehensive loss. During the year ended December 31, 2016 t no
REIT Status	REIT Status The Company 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. Commencing with such taxable year, the Company was organized and began operating in such a manner as to qualify for taxation as a REIT under the Internal Revenue Code and believes it has so qualified. 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. The earnings of any taxable REIT subsidiaries will generally be subject to U.S. Federal corporate income tax.
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 properties 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 $38,040, $39,497 and $35,086 for the years ended December 31, 2018, 2017 and 2016, respectively. Amortization of leasing fees were $360, $168, and $68 for the years ended December 31, 2018, 2017 and 2016, respectively.
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.
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 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, 2018 and 2017. The Company recognizes expense related to the fair value of equity-based compensation awards as general and administrative expense in the 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.
Recently Adopted Accounting and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In November 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, requires that amounts described as restricted cash and restricted cash equivalents be included in beginning and ending-of-period reconciliation of cash shown on the statement of cash flows. Amounts included in restricted cash represent those required to be set aside by lenders for real estate taxes, insurance, capital expenditures and tenant improvements on our existing properties. These amounts also include post close escrows for tenant improvements, leasing commissions, master lease, general repairs and maintenance, and are classified as restricted cash on the Company’s consolidated balance sheets. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported on the Company’s consolidated balance sheets to such amounts shown in the Company’s consolidated statements of cash flows: December 31, 2018 2018 2017 Cash and cash equivalents $ 15,239 $ 11,904 Restricted cash 1,001 4,940 Total cash, cash equivalents, and restricted cash $ 16,240 $ 16,844 On January 1, 2018, the Company adopted Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The Company selected the modified retrospective transition method which would include a cumulative effect of applying the standard on January 1, 2018. As the Company reviewed its revenue streams and concluded its previous recognition of revenue was in compliance with the new standard, no cumulative effect adjustment was required. Common area maintenance reimbursements that may be impacted will not be addressed until the Company's adoption of ASU No. 2016-02, Leases (Topic 842) considering its revisions to accounting for common area maintenance. Concurrently with the adoption of ASC 606, the Company adopted ASC 610-20, Other Income: Gains and Losses from the De-recognition of Non-financial Assets ("ASC 610-20") using the modified retrospective approach. ASC 610-20 applies to the sale, transfer and derecognition of nonfinancial assets and in substance nonfinancial assets to non-customers, including partial sales, and eliminates the guidance specific to real estate in ASC 360-20. Beginning January 1, 2018, gains on sales of properties, including partial sales, of non-financial assets (and in-substance non-financial assets) to non-customer are recognized in accordance with ASC 610-20, while the sale of non-financial assets with customers are governed by ASC 606. The only difference in the treatment of sales to customers and non-customers is the presentation in the Consolidated Statements of Operations (revenue and expense is reported when the sale is to a customer and net gain or loss is reported when the sale is to a non-customer). Based on the nature of the Company’s business, any property sales are expected to be transactions with non-customers. With respect to full disposals, the recognition will generally be consistent with the Company’s current measurement and pattern of recognition. Any sales of non-financial assets would represent only one performance obligation and would be recognized when an enforceable contract is in place, collectability is ensured, and control is transferred to the buyer. With respect to partial sales of real estate to joint ventures, the new guidance requires the Company to recognize a full gain or loss where an equity investment is retained, to the extent control is not retained. Any noncontrolling interest retained by the Company would, accordingly, be measured at fair value. We have not disposed of any property or land, and therefore, the adoption of ASC 610-20 has not had an impact on the Company’s consolidated financial statements. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230). The new guidance is intended to reduce diversity in practice in how certain transactions are classified in the statement of cash flows. The issues addressed in the new guidance include the cash flow classification of: debt prepayment and debt extinguishment costs, settlement of zero-coupon debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies, distributions received from equity method investments, beneficial interests in securitization transactions and separately identifiable cash flows and application of the predominance principle. The standard was effective for fiscal years beginning after December 15, 2017, for public companies. The Company adopted the new accounting standard on January 1, 2018 by making a policy election to classify distributions received from an equity method investee as operating cash inflows up to its cumulative equity in earnings and any excess as investing inflows. Recently Issued Accounting Pronouncements In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). On July 30, 2018 the FASB issued ASU No. 2018-11, Targeted Improvements, Leases (Topic 842) ASU No. 2018-11 also provides companies with an additional (and optional) transition method to adopt the new leases standard. Under this new transition method, an entity initially applies the new leases standard at the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company expects to adopt the ASU No. 2016-02 on its effective date without restating comparative periods and For lessees, ASU No. 2016-02 establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. The Company is the lessee under a ground lease, for which it expects to recognize an ROU asset of approximately $15 to $17 million and a related lease liability of approximately $22 to $25 million on January 1, 2019 on its consolidated balance sheet upon adoption. Such amounts are subject to change and will be finalized on the Company’s consolidated financial statements for the three months ended March 31, 2019.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
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
Reconciliation of Cash, Cash Equivalents and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported on the Company’s consolidated balance sheets to such amounts shown in the Company’s consolidated statements of cash flows: December 31, 2018 2018 2017 Cash and cash equivalents $ 15,239 $ 11,904 Restricted cash 1,001 4,940 Total cash, cash equivalents, and restricted cash $ 16,240 $ 16,844

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2018	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 year ended December 31, 2017. 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 Land $ 17,513 Building and improvements 41,793 Acquired lease intangible assets, net 15,385 Acquired intangible liabilities, net (4,589 ) Assumed liabilities, net (149 ) Total $ 69,953
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.

Acquired Intangible Assets an_2

Acquired Intangible Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2018
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, 2018 and 2017: December 31, 2018 December 31, 2017 Intangible assets: Acquired in-place lease value $ 165,182 $ 165,182 Acquired above market lease value 45,824 45,824 Accumulated amortization (95,649 ) (72,348 ) Acquired lease intangibles, net $ 115,357 $ 138,658 Intangible liabilities: Acquired below market lease value $ 71,551 $ 71,551 Above market ground lease 5,169 5,169 Accumulated amortization (19,258 ) (14,450 ) Acquired below market lease intangibles, net $ 57,462 $ 62,270
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: 2018 2017 2016 Acquired in-place lease value $ 19,410 $ 22,104 $ 24,174 Amortization recorded as a reduction to property operating expense: Above market ground lease $ 94 $ 94 $ 94 Amortization recorded as a (reduction) increase to rental income: Acquired above market leases $ (3,891 ) $ (4,379 ) $ (4,341 ) Acquired below market leases 4,714 5,700 5,059 Net rental income increase $ 823 $ 1,321 $ 718
Schedule of Estimated Amortization of Intangible Lease Assets and Liabilities	Estimated amortization of the respective intangible lease assets and liabilities as of December 31, 2018 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 2019 $ 16,882 $ 3,405 $ (4,297 ) $ (94 ) 2020 $ 13,884 $ 3,067 $ (4,078 ) $ (94 ) 2021 $ 11,427 $ 2,997 $ (3,896 ) $ (94 ) 2022 $ 8,781 $ 2,691 $ (3,637 ) $ (94 ) 2023 $ 7,514 $ 2,489 $ (3,348 ) $ (94 ) Thereafter $ 26,400 $ 15,820 $ (33,341 ) $ (4,395 ) Total $ 84,888 $ 30,469 $ (52,597 ) $ (4,865 )

Debt and Derivative Instrumen_2

Debt and Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Mortgages and Credit Facilities Payable	As of December 31, 2018 and 2017, the Company had the following mortgages and credit facility payable: December 31, 2018 December 31, 2017 Type of Debt Principal Amount Weighted Average Interest Rate Principal Amount Weighted Average Interest Rate Fixed rate mortgages payable $ 171,646 4.25 % $ 171,851 4.25 % Variable rate mortgages payable with swap agreements 252,244 3.33 % 383,517 3.49 % Variable rate mortgages payable 684 3.95 % 54,153 3.26 % Mortgages payable $ 424,574 3.71 % $ 609,521 3.69 % Credit facility payable $ 284,523 4.22 % $ 83,800 3.21 % Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps $ 709,097 3.91 % $ 693,321 3.63 % Add: Unamortized mortgage premiums 1,683 2,316 Less: Unamortized debt issuance costs (4,896 ) (4,172 ) Total debt $ 705,884 $ 691,465
Schedule of Principal Payments and Maturities of Company's Debt	As of December 31, 2018, scheduled principal payments and maturities on the Company’s debt were as follows: December 31, 2018 Scheduled Principal Payments and Maturities by Year: Scheduled Principal Payments Maturities of Mortgage Loans Maturity of Credit Facility Total 2019 $ 232 $ 7,447 $ — $ 7,679 2020 897 — — 897 2021 1,531 82,740 — 84,271 2022 615 101,537 134,523 236,675 2023 — 91,230 150,000 241,230 Thereafter 962 137,383 — 138,345 Total $ 4,237 $ 420,337 $ 284,523 $ 709,097
Summary of Interest Rate Swap Contracts Outstanding	The following table summarizes the Company’s interest rate swap contracts outstanding as of December 31, 2018. Date Entered Effective Date Maturity Date Pay Fixed Rate (a) Notional Amount Fair Value December 2018 Assets February 11, 2015 March 2, 2015 March 1, 2022 2.02 % 6,114 76 April 7, 2015 April 7, 2015 April 7, 2022 1.74 % 49,400 1,057 September 17, 2015 September 17, 2015 September 17, 2022 1.90 % 13,700 258 October 2, 2015 November 1, 2015 November 1, 2022 1.79 % 13,100 304 December 23, 2015 December 23, 2015 January 2, 2026 2.30 % 26,000 304 January 25, 2016 February 1, 2016 February 1, 2021 1.40 % 38,000 831 June 7, 2016 July 1, 2016 July 1, 2023 1.42 % 43,680 1,869 July 21, 2016 August 1, 2016 August 1, 2023 1.30 % 47,550 2,336 June 5, 2017 May 31, 2017 May 15, 2022 1.90 % 14,700 251 $ 252,244 $ 7,286 Liabilities August 23, 2018 September 4, 2018 August 1, 2023 2.73 % 60,000 (768 ) August 23, 2018 September 4, 2018 August 1, 2023 2.74 % 25,000 (320 ) August 23, 2018 September 4, 2018 August 1, 2023 2.74 % 25,000 (325 ) August 23, 2018 September 4, 2018 August 1, 2023 2.73 % 40,000 (513 ) $ 150,000 $ (1,926 ) (a) Receive floating rate index based upon one month LIBOR. At December 31, 2018, the one month LIBOR equaled 2.50%.
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, 2018, 2017 and 2016. Year Ended December 31, Derivatives in Cash Flow Hedging Relationships: 2018 2017 2016 Effective portion of derivatives $ 291 $ 1,043 $ 1,861 Reclassification adjustment for amounts included in net gain or loss (effective portion) $ (551 ) $ 2,405 $ 4,038 Ineffective portion of derivatives $ (176 ) $ 7 $ 233

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2018
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, 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 Granted 1,677 650 52 52 Vested (996 ) (353 ) (30 ) (30 ) Converted — — — — Forfeited — — — — Outstanding at December 31, 2018 3,224 1,201 $ 100 $ 100

Income Tax and Distributions (T

Income Tax and Distributions (Tables)	12 Months Ended
	Dec. 31, 2018
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, 2018, 2017 and 2016. December 31, 2018 2017 2016 Distributions paid $ 40,313 $ 53,315 $ 52,358 Distributions declared $ 47,700 $ 53,364 $ 52,449
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 2018, 2017 and 2016 2018 2017 2016 Ordinary income $ 0.26 $ 0.29 $ 0.29 Capital gain $ 0.04 $ — $ — Nontaxable return of capital $ 1.04 $ 1.21 $ 1.18

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
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, 2018 and 2017. December 31, 2018 2017 Earnout liability-beginning of period $ 1,050 $ 6,856 Increases: Additional earnout liability 816 — Amortization expense 24 35 Decreases: Earnout payments (1,865 ) (6,415 ) Other: Adjustments to acquisition related costs (25 ) 574 Earnout liability – end of period $ — $ 1,050

Transactions with Related Par_2

Transactions with Related Parties (Tables)	12 Months Ended
	Dec. 31, 2018
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 2018 2017 2016 December 31, 2018 December 31, 2017 General and administrative reimbursements (a) $ 1,526 $ 1,608 $ 1,975 $ 216 $ 203 Acquisition related costs $ 8 $ 274 $ 409 $ — $ — Acquisition fees 28 1,266 1,327 — 51 Total acquisition costs and fees (b) $ 36 $ 1,540 $ 1,736 $ — $ 51 Real estate management fees $ 4,907 $ 4,800 $ 4,473 $ — $ — Property operating expenses $ 1,135 $ 1,114 $ 1,026 $ — $ — Construction management fees 220 113 121 6 35 Leasing fees 251 214 168 37 51 Total real estate management related costs (c) $ 6,513 $ 6,241 $ 5,788 $ 43 $ 86 Business management fees (d) $ 9,345 $ 9,196 $ 8,580 $ 2,345 $ 2,325 (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 consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the consolidated balance sheets. (b) Prior to February 11, 2019, the Company was required to pay 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 management agreement was amended and restated to, among other things, remove the obligation to pay acquisition fees and disposition fees payable to the Business Manager by the Company with respect to transactions occurring on or after February 11, 2019. The Business Manager and its related parties continue to be 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 $36 related party acquisition costs and fees incurred during the year ended December 31, 2018, $12 are capitalized as the acquisition of net investment properties in the consolidated balance sheets. 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 consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the 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 consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss. (c) 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 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 consolidated statements of operations and comprehensive loss. (d) 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.

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2018
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, 2018 Minimum Payments 2019 $ 92,014 2020 $ 85,453 2021 $ 79,935 2022 $ 70,313 2023 $ 58,788 Thereafter $ 194,708 Total $ 581,211

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Cash Flow Hedges and Classification on Consolidated Balance Sheets	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, 2018 and 2017, respectively. Fair Value Level 1 Level 2 Level 3 Total December 31, 2018 Interest rate swap agreements - Other assets $ — $ 7,286 $ — $ 7,286 Interest rate swap agreements - Other liabilities $ — $ 1,926 $ — $ 1,926 December 31, 2017 Interest rate swap agreements - Other assets $ — $ 6,136 $ — $ 6,136 Interest rate swap agreements - Other liabilities $ — $ 340 $ — $ 340
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. Fair Value Level 1 Level 2 Level 3 Total Total Impairment Loss December 31, 2017 Asset impairment $ — $ — $ 5,557 $ 5,557 $ 8,530 Total $ — $ — $ 5,557 $ 5,557 $ 8,530

Quarterly Supplemental Financ_2

Quarterly Supplemental Financial Information (Tables)	12 Months Ended
	Dec. 31, 2018
Notes To Financial Statements [Abstract]
Quarterly supplemental financial information - unaudited	The following represents the results of operations, for each quarterly period, during 2018 and 2017. 2018 Dec 31 Sept 30 Jun 30 Mar 31 Total income $ 31,893 $ 32,290 $ 31,870 $ 32,648 Net loss $ (13,071 ) $ (5,791 ) $ (2,174 ) $ (2,240 ) Net loss per common share, basic and diluted (1) $ (0.37 ) $ (0.16 ) $ (0.06 ) $ (0.06 ) Weighted average number of common shares outstanding, basic and diluted (1) 35,587,000 35,589,157 35,588,790 35,594,052 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 (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, 2018ft²PropertyState
Organization [Line Items]
Number of retail properties owned | Property		59
Square footage of real estate properties owned | ft²		6,870,124
Number of states in which company owns real estate properties | State		24
Weighted average physical occupancy rate of property portfolio		94.10%
Weighted average economic occupancy rate of property portfolio		94.70%
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.
Reverse stock, split ratio	0.4
Grocery-Anchored Properties [Member]
Organization [Line Items]
Percentage of grocery-anchored property acquired		100.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	Jan. 01, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Acquired Finite Lived Intangible Assets [Line Items]
Earnout liability outstanding		$ 0	$ 1,050,000	$ 6,856,000
Provision for asset impairment		5,540,000	8,530,000	0
Depreciation expense		38,040,000	39,497,000	35,086,000
Amortization of leasing fees		360,000	168,000	68,000
Accounting Standards Update 2016-18 [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Decrease in net cash used in investing activities			$ 1,056,000	$ 1,957,000
ASU 2017-12 [Member] | Subsequent Event [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Retained earnings	$ 135,000
Other Comprehensive Income (Loss), Net of Tax	(135,000)
ASU 2016-02 [Member] | Subsequent Event [Member] | Minimum [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Finance Lease, Right-of-Use Asset	15,000,000
Finance Lease, Liability	22,000,000
ASU 2016-02 [Member] | Subsequent Event [Member] | Maximum [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Finance Lease, Right-of-Use Asset	17,000,000
Finance Lease, Liability	$ 25,000,000
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Provision for impairment of unconsolidated entities		$ 9,865,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Schedule of Estimated Useful Lives of Assets ) (Details)	12 Months Ended
	Dec. 31, 2018
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

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Reconciliation of Cash, Cash Equivalents and Restricted Cash) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Cash and cash equivalents	$ 15,239	$ 11,904
Restricted cash	1,001	4,940
Total cash, cash equivalents, and restricted cash	$ 16,240	$ 16,844	$ 16,857	$ 91,796

Equity (Narrative) (Details)

Equity (Narrative) (Details) - USD ($)	Mar. 19, 2019	Feb. 11, 2019	Oct. 16, 2015	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Mar. 11, 2019	Oct. 19, 2015
Equity [Line Items]
Common stock, shares issued			33,534,022	35,343,256	35,498,444
Proceeds from offering			$ 834,399
Distribution reinvested				$ 19,339,000	$ 27,069,000	$ 27,831,000
Stock repurchase program, amount				22,545,000	21,066,000	9,724,000
Other liabilities				$ 16,268,000	11,744,000
Subsequent Event [Member]
Equity [Line Items]
Percentage of share price on repurchase of shares							80.00%
Amended and Restated Share Repurchase Program [Member]
Equity [Line Items]
Stock repurchase program shares issued in percentage				5.00%
Description of share repurchase program				The A&R SRP provides that a requesting party must own shares of at least $500 after giving effect to any repurchase by the Company. If a requesting party would fail to maintain this minimum balance after giving effect to any repurchase, the Company may, in its discretion, repurchase the remaining balance of shares which is less than $500, subject to the 5% share limit described above. The SRP will immediately terminate if the Company’s shares become listed for trading on a national securities exchange.
Amended and Restated Share Repurchase Program [Member] | Subsequent Event [Member]
Equity [Line Items]
Stock repurchase program, authorized amount		$ 25,000
Percentage of share price on repurchase of shares		80.00%
Employer discretionary minimum percentage of net proceeds from share repurchase program		50.00%
Stock repurchase program shares issued in percentage	5.00%
Minimum required amount of shares owned by requesting party		$ 500,000
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				$ 5,463,000	2,530,000
Minimum [Member]
Equity [Line Items]
Stock repurchase program, to be held				1 year
Maximum [Member] | Amended and Restated Share Repurchase Program [Member] | Subsequent Event [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
Distribution reinvested				$ 19,339,000	$ 27,069,000	$ 27,831,000

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018USD ($)	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)Property	Dec. 31, 2017USD ($)Property	Dec. 31, 2016USD ($)
Business Acquisition [Line Items]
Number of properties acquired during period | Property									0	3
Acquisition cost and fees										$ 2,213
Capitalized acquisition costs and fees in net investment properties										1,459
Acquisition related costs in adjustment to deferred investment property										574
Acquisition and dead deal costs excluding deferred investment property incurred during the period										180
Total income	$ 31,893	$ 32,290	$ 31,870	$ 32,648	$ 32,529	$ 32,110	$ 32,911	$ 31,607
Net income (loss)	$ (13,071)	$ (5,791)	$ (2,174)	$ (2,240)	$ (10,811)	$ (2,856)	$ (3,631)	$ (1,804)	$ (23,276)	(19,102)	$ (7,961)
2017 Acquisitions [Member]
Business Acquisition [Line Items]
Total income										5,202
Net income (loss)										$ 325

Acquisitions (Purchased Propert

Acquisitions (Purchased Properties from Unaffiliated Third Parties) (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2017USD ($)ft²	Dec. 31, 2018ft²	Jul. 14, 2017USD ($)ft²	Apr. 03, 2017USD ($)ft²	Jan. 27, 2017USD ($)ft²
Business Acquisition [Line Items]
Property acquisition, Square Footage | ft²			6,870,124
Property acquisition, Purchase Price | $		$ 69,953
Wilson Marketplace [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired		Jan. 27, 2017
Property Name	[1]	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 | $	[2]					$ 40,783
Pentucket Shopping Center [Member]
Business Acquisition [Line Items]
Property acquisition, Date Acquired		Apr. 3, 2017
Property Name	[1]	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 | $	[2]				$ 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 | $	[2]	$ 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 | $	[2]			$ 3,716
[1]	Subsequent to the acquisition date, first mortgages were placed on the properties.
[2]	Contractual purchase price excluding closing credits.

Acquisitions (Schedule of Major

Acquisitions (Schedule of Major Assets Acquired and Liabilities Assumed) (Details) $ in Thousands	Dec. 31, 2017USD ($)
Business Combinations [Abstract]
Land	$ 17,513
Building and improvements	41,793
Acquired lease intangible assets, net	15,385
Acquired intangible liabilities, net	(4,589)
Assumed liabilities, net	(149)
Total	$ 69,953

Investment in and Notes Recei_2

Investment in and Notes Receivable from Unconsolidated Entities (Narrative) (Details) - USD ($)	1 Months Ended	12 Months Ended
	Aug. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Investment In And Notes Receivable From Unconsolidated Entities [Line Items]
Provision for impairment of investment in and note receivable from unconsolidated entities		$ 15,405,000
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member]
Investment In And Notes Receivable From Unconsolidated Entities [Line Items]
Equity method investments			$ 7,125,000
Impairment to investment		9,865,000
Provision for impairment of investment in and note receivable from unconsolidated entities		5,540,000
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member] | Mezzanine Loans [Member]
Investment In And Notes Receivable From Unconsolidated Entities [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	10.50%
Frequency of periodic payments of interest on joint venture loan	monthly
Loan funded to related parties		$ 5,400,000	$ 0

Acquired Intangible Assets an_3

Acquired Intangible Assets and Liabilities (Schedule of Intangible Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Intangible assets:
Accumulated amortization	$ (95,649)	$ (72,348)
Acquired lease intangibles, net	115,357	138,658
Intangible liabilities:
Acquired below market lease value	71,551	71,551
Above market ground lease	5,169	5,169
Accumulated amortization	(19,258)	(14,450)
Acquired below market lease intangibles, net	57,462	62,270
Acquired in-place lease value [Member]
Intangible assets:
Acquired intangible assets	165,182	165,182
Acquired lease intangibles, net	84,888
Acquired above market lease value [Member]
Intangible assets:
Acquired intangible assets	45,824	$ 45,824
Acquired lease intangibles, net	$ 30,469

Acquired Intangible Assets an_4

Acquired Intangible Assets and Liabilities - Narrative (Details)	12 Months Ended
	Dec. 31, 2018
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

Acquired Intangible Assets an_5

Acquired Intangible Assets and Liabilities (Schedule of Amortization of Acquired In Place Lease Value, Above Market Ground Lease, Above and Below Market Lease Values) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a (reduction) increase to rental income	$ 823	$ 1,321	$ 718
Acquired in-place lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as amortization expense	19,410	22,104	24,174
Above market ground lease [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a reduction to property operating expense	94	94	94
Acquired above market lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a (reduction) increase to rental income	(3,891)	(4,379)	(4,341)
Acquired below market lease value [Member]
Acquired Finite Lived Intangible Assets [Line Items]
Amortization recorded as a (reduction) increase to rental income	$ 4,714	$ 5,700	$ 5,059

Acquired Intangible Assets an_6

Acquired Intangible Assets and Liabilities (Schedule of Estimated Amortization of Intangible Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Future amortization for acquired in-place and above market lease assets:
Acquired lease intangibles, net	$ 115,357	$ 138,658
Future amortization for below market lease liabilities:
2019	(4,297)
2020	(4,078)
2021	(3,896)
2022	(3,637)
2023	(3,348)
Thereafter	(33,341)
Total	(52,597)
Future amortization for above market ground lease liabilities:
2018 (remainder of year)	(94)
2020	(94)
2021	(94)
2022	(94)
2023	(94)
Thereafter	(4,395)
Total	(4,865)
Acquired in-place lease value [Member]
Future amortization for acquired in-place and above market lease assets:
2019	16,882
2020	13,884
2021	11,427
2022	8,781
2023	7,514
Thereafter	26,400
Acquired lease intangibles, net	84,888
Acquired above market lease value [Member]
Future amortization for acquired in-place and above market lease assets:
2019	3,405
2020	3,067
2021	2,997
2022	2,691
2023	2,489
Thereafter	15,820
Acquired lease intangibles, net	$ 30,469

Debt and Derivative Instrumen_3

Debt and Derivative Instruments (Narrative) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)PropertyDebtInstrumentDerivativeInstrumentLoan	Aug. 01, 2018USD ($)	Jul. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Debt Instrument [Line Items]
Indebtedness includes effects of interest rate swap, weighted average interest rate	3.91%
Carrying value of debt	$ 709,097,000			$ 693,321,000
Estimated fair value of debt	709,737,000			684,621,000
Credit facility, maximum borrowing capacity		$ 350,000,000	$ 110,000,000
Outstanding line of credit	$ 284,523,000			$ 83,800,000
Number of properties pledged as collateral | Property	28
Gain on early termination of interest rate swap agreements	$ 1,151,000
Cash received in early termination of interest rate swap agreements	1,192,000
Loss on extinguishment of debt	$ 411,000
Number of loans repaid prior to maturity | Loan	10
Amount expected to be reclassified from accumulated other comprehensive income into income in the next twelve months	$ 1,989,000
Mortgages Payable [Member]
Debt Instrument [Line Items]
Weighted Average Years to Maturity	4 years 7 months 6 days
Mortgages payable, covenant compliance	the Company was current on all of the payments and in compliance with all financial covenants.
Interest Rate Swap Agreements [Member]
Debt Instrument [Line Items]
Number of derivative instruments paid off | DerivativeInstrument	10
Notional amount	$ 131,300,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Carrying value of debt	284,523,000
Credit facility, maximum borrowing capacity		200,000,000
Line of credit accordion feature to increase available borrowings		700,000,000
Outstanding line of credit	$ 134,523,000
Credit facility, interest rate	4.15%
Credit facility, maturity date	Aug. 1, 2022
Line of credit facility, expiration date, extension period	1 year
Credit facility available for borrowing	$ 65,477,000
Term Loan [Member]
Debt Instrument [Line Items]
Credit facility, maximum borrowing capacity		$ 150,000,000
Outstanding line of credit	$ 150,000,000
Credit facility, interest rate	4.29%
Credit facility, maturity date	Aug. 1, 2023
Mortgage Loans [Member]
Debt Instrument [Line Items]
Number of debt instruments paid off | DebtInstrument	12
Principal balance of debt instruments paid off	$ 184,700,000

Debt and Derivative Instrumen_4

Debt and Derivative Instruments (Schedule of Mortgages and Credit Facility Payable) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 424,574	$ 609,521
Credit facility payable	284,523	83,800
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	709,097	693,321
Add: Unamortized mortgage premiums	1,683	2,316
Less: Unamortized debt issuance costs	(4,896)	(4,172)
Total debt	$ 705,884	$ 691,465
Mortgages Payable, Weighted Average Interest Rate	3.71%	3.69%
Credit Facilities Payable, Weighted Average Interest Rate	4.22%	3.21%
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps, Weighted Average Interest Rate	3.91%	3.63%
Fixed rate mortgages payable [Member]
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 171,646	$ 171,851
Mortgages Payable, Weighted Average Interest Rate	4.25%	4.25%
Variable rate mortgages payable with swap agreements [Member]
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 252,244	$ 383,517
Mortgages Payable, Weighted Average Interest Rate	3.33%	3.49%
Variable rate mortgages payable [Member]
Mortgage Loans On Real Estate [Line Items]
Mortgages payable	$ 684	$ 54,153
Mortgages Payable, Weighted Average Interest Rate	3.95%	3.26%

Debt and Derivative Instrumen_5

Debt and Derivative Instruments (Schedule of Principal Payments and Maturities of Company's Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
2019	$ 7,679
2020	897
2021	84,271
2022	236,675
2023	241,230
Thereafter	138,345
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	709,097	$ 693,321
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
2022	134,523
2023	150,000
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	284,523
Scheduled Principal Payments [Member]
Debt Instrument [Line Items]
2019	232
2020	897
2021	1,531
2022	615
Thereafter	962
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	4,237
Maturities of Mortgage Loans [Member]
Debt Instrument [Line Items]
2019	7,447
2021	82,740
2022	101,537
2023	91,230
Thereafter	137,383
Total debt before unamortized mortgage premiums and debt issuance costs including impact of interest rate swaps	$ 420,337

Debt and Derivative Instrumen_6

Debt and Derivative Instruments (Summary of Interest Rate Swap Contracts Outstanding) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Derivative [Line Items]
Derivative instrument, notional amount	$ 252,244
Derivative instrument, notional amount	150,000
Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	7,286
Fair value of derivative liabilities measured on recurring basis	$ (1,926)
Interest Rate Swap One [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
Interest Rate Swap One [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 76
Interest Rate Swap Two [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
Interest Rate Swap Two [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 1,057
Interest Rate Swap Three [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
Interest Rate Swap Three [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 258
Interest Rate Swap Four [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
Interest Rate Swap Four [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 304
Interest Rate Swap Five [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
Interest Rate Swap Five [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 304
Interest Rate Swap Six [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
Interest Rate Swap Six [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 831
Interest Rate Swap Seven [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
Interest Rate Swap Seven [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 1,869
Interest Rate Swap Eight [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
Interest Rate Swap Eight [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 2,336
Interest Rate Swap Nine [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
Interest Rate Swap Nine [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative assets measured on recurring basis	$ 251
Interest Rate Swap Ten [Member]
Derivative [Line Items]
Derivative instrument, date entered	Aug. 23, 2018
Derivative instrument, effective date	Sep. 4, 2018
Derivative instrument, maturity date	Aug. 1, 2023
Derivative instrument, pay fixed interest rate	2.73%	[1]
Derivative instrument, notional amount	$ 60,000
Interest Rate Swap Ten [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative liabilities measured on recurring basis	$ (768)
Interest Rate Swap Eleven [Member]
Derivative [Line Items]
Derivative instrument, date entered	Aug. 23, 2018
Derivative instrument, effective date	Sep. 4, 2018
Derivative instrument, maturity date	Aug. 1, 2023
Derivative instrument, pay fixed interest rate	2.74%	[1]
Derivative instrument, notional amount	$ 25,000
Interest Rate Swap Eleven [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative liabilities measured on recurring basis	$ (320)
Interest Rate Swap Twelve [Member]
Derivative [Line Items]
Derivative instrument, date entered	Aug. 23, 2018
Derivative instrument, effective date	Sep. 4, 2018
Derivative instrument, maturity date	Aug. 1, 2023
Derivative instrument, pay fixed interest rate	2.74%	[1]
Derivative instrument, notional amount	$ 25,000
Interest Rate Swap Twelve [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative liabilities measured on recurring basis	$ (325)
Interest Rate Swap Thirteen [Member]
Derivative [Line Items]
Derivative instrument, date entered	Aug. 23, 2018
Derivative instrument, effective date	Sep. 4, 2018
Derivative instrument, maturity date	Aug. 1, 2023
Derivative instrument, pay fixed interest rate	2.73%	[1]
Derivative instrument, notional amount	$ 40,000
Interest Rate Swap Thirteen [Member] | Recurring [Member]
Derivative [Line Items]
Fair value of derivative liabilities measured on recurring basis	$ (513)
[1]	Receive floating rate index based upon one month LIBOR. At December 31, 2018, the one month LIBOR equaled 2.50%.

Debt and Derivative Instrumen_7

Debt and Derivative Instruments (Summary of Interest Rate Swap Contracts Outstanding) (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2018
Derivative [Line Items]
Derivative instrument, receive floating rate index	one month LIBOR
LIBOR [Member]
Derivative [Line Items]
One month floating rate	2.50%

Debt and Derivative Instrumen_8

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, 2018	Dec. 31, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Effective portion of derivatives	$ 291	$ 1,043	$ 1,861
Reclassification adjustment for amounts included in net gain or loss (effective portion)	(551)	2,405	4,038
Ineffective portion of derivatives	$ (176)	$ 7	$ 233

Equity-Based Compensation - Nar

Equity-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	Jun. 12, 2018	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation vesting percentage	33.33%
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation expense of unvested share-based awards		$ 48	$ 44
Weighted average remaining period unrecognized compensation expense related to non-vested		1 year 6 months
Common stock shares issued upon vesting		1
Share-based compensation shares issued	1,677
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]
Unrecognized compensation expense of unvested share-based awards		$ 48	44
Weighted average remaining period unrecognized compensation expense related to non-vested		1 year 6 months
Common stock shares issued upon vesting		1
Share-based compensation shares issued	650
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		$ 48	33
Non-Employee Directors [Member] | Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation expense		$ 48	$ 33

Equity-Based Compensation (Summ

Equity-Based Compensation (Summary of the Restricted Shares and Restricted Share Units) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, Weighted Average Grant Date Fair Value	$ 78	$ 40
Granted, Weighted Average Grant Date Fair Value	52	51
Vested, Weighted Average Grant Date Fair Value	(30)	(13)
Outstanding, Weighted Average Grant Date Fair Value	100	78
Outstanding, Aggregate Intrinsic Value	78	40
Granted, Aggregate Intrinsic Value	52	51
Vested, Aggregate Intrinsic Value	(30)	(13)
Outstanding, Aggregate Intrinsic Value	$ 100	$ 78
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, Shares	2,543	1,330
Granted, Shares	1,677	1,657
Vested, Shares	(996)	(444)
Outstanding, Shares	3,224	2,543
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding, Shares	904	460
Granted, Shares	650	600
Vested, Shares	(353)	(156)
Outstanding, Shares	1,201	904

Income Tax and Distributions (N

Income Tax and Distributions (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax And Distributions [Line Items]
Amount per share of distributions	$ 0.335	$ 0.00410959	$ 0.00409836
Annualized rate on Estimated Per Share NAV	6.00%
Taxable income (loss)	$ 9,073,000	$ 10,045,000	$ 9,890,000
Provision for asset impairment	5,540,000	$ 8,530,000	$ 0
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member]
Income Tax And Distributions [Line Items]
Provision for asset impairment	$ 15,405,000
Effective income tax rate	28.51%
Federal tax rate	21.00%
Deferred tax benefit related to impairment	$ 4,400,000
Full valuation allowance	$ 4,400,000
Mainstreet Texas Development Fund, LLC ("Mainstreet JV") [Member] | ILLINOIS [Member]
Income Tax And Distributions [Line Items]
State rate	9.50%
IL tax rate	7.51%
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, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax And Distributions [Abstract]
Distributions paid	$ 40,313	$ 53,315	$ 52,358
Distributions declared	$ 47,700	$ 53,364	$ 52,449

Income Tax and Distributions -

Income Tax and Distributions - (Schedule of Taxability of Distributions on Common Shares) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax And Distributions [Abstract]
Ordinary income	$ 0.26	$ 0.29	$ 0.29
Capital gain	0.04
Nontaxable return of capital	$ 1.04	$ 1.21	$ 1.18

Earnings (Loss) per Share (Deta

Earnings (Loss) per Share (Details) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Additional shares excluded from the computation of diluted earnings per share	2,625	1,507

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Earnout liability outstanding	$ 0	$ 1,050,000	$ 6,856,000

Commitments and Contingencies_3

Commitments and Contingencies (Schedule of Change in Earnout Liability for Acquisition of Certain Properties) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Earnout liability-beginning of period	$ 1,050,000	$ 6,856,000
Increases:
Additional earnout liability	816,000
Amortization expense	24,000	35,000
Decreases:
Earnout payments	(1,865,000)	(6,415,000)
Other:
Adjustments to acquisition related costs	(25,000)	574,000
Earnout liability – end of period	$ 0	$ 1,050,000

Segment Reporting (Details)

Segment Reporting (Details) - Segment	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting [Abstract]
Number of reportable segments	1	1	1

Transactions with Related Par_3

Transactions with Related Parties (Schedule of Related Party Transactions) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Real estate management related costs with related party	[1]	$ 6,513	$ 6,241	$ 5,788
Due to related parties		2,604	2,665
General and Administrative Reimbursements [Member]
Related Party Transaction [Line Items]
General and administrative expenses incurred with related party	[2]	1,526	1,608	1,975
Due to related parties	[2]	216	203
Acquisition Related Costs [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party		8	274	409
Acquisition Fees [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party		28	1,266	1,327
Acquisition related costs			51
Acquisition Related Costs and Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[3]	36	1,540	1,736
Acquisition related costs	[3]		51
Real Estate Management Fees [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		4,907	4,800	4,473
Property Operating Expenses [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		1,135	1,114	1,026
Construction Management Fees [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		220	113	121
Due to related parties		6	35
Leasing fees [Member]
Related Party Transaction [Line Items]
Real estate management related costs with related party		251	214	168
Due to related parties		37	51
Real Estate Management Costs [Member]
Related Party Transaction [Line Items]
Due to related parties	[1]	43	86
Business Management Fee [Member]
Related Party Transaction [Line Items]
Expenses incurred with related party	[4]	9,345	9,196	$ 8,580
Due to related parties	[4]	$ 2,345	$ 2,325
[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 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 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 consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the consolidated balance sheets.
[3]	Prior to February 11, 2019, the Company was required to pay 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 management agreement was amended and restated to, among other things, remove the obligation to pay acquisition fees and disposition fees payable to the Business Manager by the Company with respect to transactions occurring on or after February 11, 2019. The Business Manager and its related parties continue to be 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 $36 related party acquisition costs and fees incurred during the year ended December 31, 2018, $12 are capitalized as the acquisition of net investment properties in the consolidated balance sheets. 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 consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the 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 consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss.
[4]	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.

Transactions with Related Par_4

Transactions with Related Parties (Narrative) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Asset acquisition fee to contract purchase price, percentage		1.50%
Acquisition related costs		$ 29	$ 754	$ (1,556)
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%
Acquisition Related Costs and Fee [Member]
Related Party Transaction [Line Items]
Total acquisition cost and fees	[1]	$ 36	1,540	1,736
Acquisition costs and fees capitalized		$ 12	1,260	74
Acquisition costs capitalized as investment in unconsolidated entities			134
Acquisition related costs			$ 146	$ 1,662
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%
[1]	Prior to February 11, 2019, the Company was required to pay 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 management agreement was amended and restated to, among other things, remove the obligation to pay acquisition fees and disposition fees payable to the Business Manager by the Company with respect to transactions occurring on or after February 11, 2019. The Business Manager and its related parties continue to be 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 $36 related party acquisition costs and fees incurred during the year ended December 31, 2018, $12 are capitalized as the acquisition of net investment properties in the consolidated balance sheets. 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 consolidated balance sheets, $134 are capitalized as investment in unconsolidated entities in the consolidated balance sheets, and $146 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss. Unpaid amounts are included in due to related parties in the 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 consolidated balance sheets, and $1,662 of such costs are included in acquisition related costs in the consolidated statements of operations and comprehensive loss.

Operating Leases (Details)

Operating Leases (Details) $ in Thousands	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 92,014
2020	85,453
2021	79,935
2022	70,313
2023	58,788
Thereafter	194,708
Total	$ 581,211

Operating Leases (Narrative) (D

Operating Leases (Narrative) (Details)	12 Months Ended
	Dec. 31, 2018
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, 2018	Dec. 31, 2017
Other Assets [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other assets	$ 7,286	$ 6,136
Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other liabilities	1,926	340
Level 2 [Member] | Other Assets [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other assets	7,286	6,136
Level 2 [Member] | Other Liabilities [Member]
Derivatives Fair Value [Line Items]
Interest rate swap agreements - Other liabilities	$ 1,926	$ 340

Fair Value Measurements (Sche_2

Fair Value Measurements (Schedule of Assets Measured at Fair Value on a Non-Recurring Basis) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total Impairment Loss	$ 5,540,000	$ 8,530,000	$ 0
Non-recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset impairment		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]
Asset impairment		5,557,000
Non-recurring [Member] | Asset Impairment [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset impairment		5,557,000
Non-recurring [Member] | Asset Impairment [Member] | Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset impairment		$ 5,557,000

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details)	12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value of investment property based on discounted cash flow model term		10 years
Impairment charges	$ 5,540,000	$ 8,530,000	$ 0
Measurement Input, Cap Rate [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Capitalization and discount rate		7.50
Measurement Input, Discount Rate [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Capitalization and discount rate		8.50

Quarterly Supplemental Financ_3

Quarterly Supplemental Financial Information - Schedule of Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Total income	$ 31,893		$ 32,290		$ 31,870		$ 32,648		$ 32,529		$ 32,110		$ 32,911		$ 31,607
Net loss	$ (13,071)		$ (5,791)		$ (2,174)		$ (2,240)		$ (10,811)		$ (2,856)		$ (3,631)		$ (1,804)		$ (23,276)	$ (19,102)	$ (7,961)
Net loss per common share, basic and diluted	$ (0.37)	[1]	$ (0.16)	[1]	$ (0.06)	[1]	$ (0.06)	[1]	$ (0.30)	[1]	$ (0.08)	[1]	$ (0.10)	[1]	$ (0.05)	[1]	$ (0.65)	$ (0.54)	$ (0.23)
Weighted average number of common shares outstanding, basic and diluted	35,587,000	[1]	35,589,157	[1]	35,588,790	[1]	35,594,052	[1]	35,615,539	[1]	35,657,535	[1]	35,580,556	[1]	35,428,360	[1]	35,589,729	35,571,249	34,963,827
[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.

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - $ / shares	Mar. 19, 2019	Feb. 11, 2019	Dec. 31, 2018	Mar. 11, 2019	Dec. 31, 2017	Dec. 31, 2016
Subsequent Event [Line Items]
Amount per share of distributions			$ 0.335		$ 0.00410959	$ 0.00409836
Annualized rate on Estimated Per Share NAV			6.00%
Amended and Restated Share Repurchase Program [Member]
Subsequent Event [Line Items]
Stock repurchase program shares issued in percentage			5.00%
Grocery-Anchored Properties [Member]
Subsequent Event [Line Items]
Percentage of grocery-anchored property acquired			100.00%
Subsequent Event [Member]
Subsequent Event [Line Items]
Percentage of share price on repurchase of shares				80.00%
Amount per share of distributions	$ 0.30
Annualized rate on Estimated Per Share NAV	6.00%
Subsequent Event [Member] | Amended and Restated Share Repurchase Program [Member]
Subsequent Event [Line Items]
Percentage of share price on repurchase of shares		80.00%
Employer discretionary minimum percentage of net proceeds from share repurchase program	50.00%
Stock repurchase program shares issued in percentage	5.00%
Subsequent Event [Member] | Minimum [Member]
Subsequent Event [Line Items]
Term of liquidity plan		24 months
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Term of liquidity plan		36 months
Subsequent Event [Member] | Maximum [Member] | Amended and Restated Share Repurchase Program [Member]
Subsequent Event [Line Items]
Stock repurchase program shares issued in percentage		5.00%
Subsequent Event [Member] | Grocery-Anchored Properties [Member]
Subsequent Event [Line Items]
Percentage of grocery-anchored property acquired		100.00%

Schedule III Real Estate and Ac

Schedule III Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 424,574
Initial cost, Land	[1]	277,229
Initial cost, Buildings and Improvements	[1]	1,003,804
Cost Capitalized Subsequent to Acquisitions	[2]	17,803
Gross amount carried at end of period, Land	[3],[4]	277,229
Gross amount carried at end of period, Building and Improvements	[3],[4]	1,021,607
Gross amount carried at end of period, Total		1,298,836	[3],[4]	$ 1,288,917	$ 1,233,231	$ 1,161,437
Accumulated Depreciation		(139,134)	[5]	$ (101,094)	$ (62,631)		$ (27,545)
2727 Iowa Street [Member] | Lawrence, KS [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	2,154
Initial cost, Buildings and Improvements	[1]	16,079
Cost Capitalized Subsequent to Acquisitions	[2]	215
Gross amount carried at end of period, Land	[3],[4]	2,154
Gross amount carried at end of period, Building and Improvements	[3],[4]	16,294
Gross amount carried at end of period, Total	[3],[4]	18,448
Accumulated Depreciation	[5]	$ (2,096)
Date Acquired		2015
2727 Iowa Street [Member] | Lawrence, KS [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2014
Depreciable Lives		15 years
2727 Iowa Street [Member] | Lawrence, KS [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2015
Depreciable Lives		30 years
Blossom Valley Plaza [Member] | Turlock, CA [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 9,515
Initial cost, Buildings and Improvements	[1]	11,142
Cost Capitalized Subsequent to Acquisitions	[2]	576
Gross amount carried at end of period, Land	[3],[4]	9,515
Gross amount carried at end of period, Building and Improvements	[3],[4]	11,718
Gross amount carried at end of period, Total	[3],[4]	21,233
Accumulated Depreciation	[5]	$ (1,431)
Date Constructed		1988
Date Acquired		2015
Blossom Valley Plaza [Member] | Turlock, CA [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Blossom Valley Plaza [Member] | Turlock, CA [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		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
Cost Capitalized Subsequent to Acquisitions	[2]	174
Gross amount carried at end of period, Land	[3],[4]	3,787
Gross amount carried at end of period, Building and Improvements	[3],[4]	6,213
Gross amount carried at end of period, Total	[3],[4]	10,000
Accumulated Depreciation	[5]	$ (931)
Date Constructed		2005
Date Acquired		2014
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	[2]	(1,369)
Gross amount carried at end of period, Land	[3],[4]	13,725
Gross amount carried at end of period, Building and Improvements	[3],[4]	48,304
Gross amount carried at end of period, Total	[3],[4]	62,029
Accumulated Depreciation	[5]	$ (4,748)
Date Constructed		2014
Date Acquired		2016
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	[3],[4]	365
Gross amount carried at end of period, Building and Improvements	[3],[4]	3,034
Gross amount carried at end of period, Total	[3],[4]	3,399
Accumulated Depreciation	[5]	$ (163)
Date Constructed		2016
Date Acquired		2017
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	[2]	949
Gross amount carried at end of period, Land	[3],[4]	2,807
Gross amount carried at end of period, Building and Improvements	[3],[4]	10,002
Gross amount carried at end of period, Total	[3],[4]	12,809
Accumulated Depreciation	[5]	$ (1,577)
Date Constructed		1988
Date Acquired		2014
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]
Initial cost, Land	[1]	$ 4,500
Initial cost, Buildings and Improvements	[1]	41,865
Cost Capitalized Subsequent to Acquisitions	[2]	2,687
Gross amount carried at end of period, Land	[3],[4]	4,500
Gross amount carried at end of period, Building and Improvements	[3],[4]	44,552
Gross amount carried at end of period, Total	[3],[4]	49,052
Accumulated Depreciation	[5]	$ (7,308)
Date Constructed		2002
Date Acquired		2014
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	[3],[4]	159
Gross amount carried at end of period, Building and Improvements	[3],[4]	857
Gross amount carried at end of period, Total	[3],[4]	1,016
Accumulated Depreciation	[5]	$ (192)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	69
Gross amount carried at end of period, Building and Improvements	[3],[4]	761
Gross amount carried at end of period, Total	[3],[4]	830
Accumulated Depreciation	[5]	$ (170)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	148
Gross amount carried at end of period, Building and Improvements	[3],[4]	780
Gross amount carried at end of period, Total	[3],[4]	928
Accumulated Depreciation	[5]	$ (179)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	273
Gross amount carried at end of period, Building and Improvements	[3],[4]	939
Gross amount carried at end of period, Total	[3],[4]	1,212
Accumulated Depreciation	[5]	$ (216)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	249
Gross amount carried at end of period, Building and Improvements	[3],[4]	841
Gross amount carried at end of period, Total	[3],[4]	1,090
Accumulated Depreciation	[5]	$ (188)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	208
Gross amount carried at end of period, Building and Improvements	[3],[4]	836
Gross amount carried at end of period, Total	[3],[4]	1,044
Accumulated Depreciation	[5]	$ (187)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	200
Gross amount carried at end of period, Building and Improvements	[3],[4]	818
Gross amount carried at end of period, Total	[3],[4]	1,018
Accumulated Depreciation	[5]	$ (178)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	324
Gross amount carried at end of period, Building and Improvements	[3],[4]	1,178
Gross amount carried at end of period, Total	[3],[4]	1,502
Accumulated Depreciation	[5]	$ (270)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	119
Gross amount carried at end of period, Building and Improvements	[3],[4]	805
Gross amount carried at end of period, Total	[3],[4]	924
Accumulated Depreciation	[5]	$ (180)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	272
Gross amount carried at end of period, Building and Improvements	[3],[4]	939
Gross amount carried at end of period, Total	[3],[4]	1,211
Accumulated Depreciation	[5]	$ (216)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	100
Gross amount carried at end of period, Building and Improvements	[3],[4]	986
Gross amount carried at end of period, Total	[3],[4]	1,086
Accumulated Depreciation	[5]	$ (220)
Date Constructed		2012
Date Acquired		2012
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	[3],[4]	248
Gross amount carried at end of period, Building and Improvements	[3],[4]	943
Gross amount carried at end of period, Total	[3],[4]	1,191
Accumulated Depreciation	[5]	$ (211)
Date Constructed		2012
Date Acquired		2012
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		$ 6,126
Initial cost, Land	[1]	2,411
Initial cost, Buildings and Improvements	[1]	8,393
Cost Capitalized Subsequent to Acquisitions	[2]	8
Gross amount carried at end of period, Land	[3],[4]	2,411
Gross amount carried at end of period, Building and Improvements	[3],[4]	8,401
Gross amount carried at end of period, Total	[3],[4]	10,812
Accumulated Depreciation	[5]	$ (1,221)
Date Constructed		2008
Date Acquired		2015
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
Cost Capitalized Subsequent to Acquisitions	[2]	187
Gross amount carried at end of period, Land	[3],[4]	6,069
Gross amount carried at end of period, Building and Improvements	[3],[4]	22,824
Gross amount carried at end of period, Total	[3],[4]	28,893
Accumulated Depreciation	[5]	$ (3,081)
Date Constructed		2008
Date Acquired		2015
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]
Initial cost, Land	[1]	$ 3,518
Initial cost, Buildings and Improvements	[1]	12,681
Cost Capitalized Subsequent to Acquisitions	[2]	753
Gross amount carried at end of period, Land	[3],[4]	3,518
Gross amount carried at end of period, Building and Improvements	[3],[4]	13,434
Gross amount carried at end of period, Total	[3],[4]	16,952
Accumulated Depreciation	[5]	$ (2,220)
Date Constructed		2008
Date Acquired		2014
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]	$ 6,618
Initial cost, Buildings and Improvements	[1]	3,315
Gross amount carried at end of period, Land	[3],[4]	6,618
Gross amount carried at end of period, Building and Improvements	[3],[4]	3,315
Gross amount carried at end of period, Total	[3],[4]	9,933
Accumulated Depreciation	[5]	$ (571)
Date Constructed		2002
Date Acquired		2015
Frisco Marketplace [Member] | Frisco, TX [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Frisco Marketplace [Member] | Frisco, TX [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		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	[2]	456
Gross amount carried at end of period, Land	[3],[4]	7,218
Gross amount carried at end of period, Building and Improvements	[3],[4]	18,302
Gross amount carried at end of period, Total	[3],[4]	25,520
Accumulated Depreciation	[5]	$ (2,449)
Date Constructed		1997
Date Acquired		2015
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]	$ 6,500
Initial cost, Buildings and Improvements	[1]	19,403
Cost Capitalized Subsequent to Acquisitions	[2]	1,780
Gross amount carried at end of period, Land	[3],[4]	6,500
Gross amount carried at end of period, Building and Improvements	[3],[4]	21,183
Gross amount carried at end of period, Total	[3],[4]	27,683
Accumulated Depreciation	[5]	$ (3,969)
Date Acquired		2014
Harris Plaza [Member] | Layton, UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2001
Depreciable Lives		15 years
Harris Plaza [Member] | Layton, UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2008
Depreciable Lives		30 years
Harvest Square [Member] | Harvest, AL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Encumbrance		$ 6,600
Initial cost, Land	[1]	2,186
Initial cost, Buildings and Improvements	[1]	9,330
Cost Capitalized Subsequent to Acquisitions	[2]	136
Gross amount carried at end of period, Land	[3],[4]	2,186
Gross amount carried at end of period, Building and Improvements	[3],[4]	9,466
Gross amount carried at end of period, Total	[3],[4]	11,652
Accumulated Depreciation	[5]	$ (1,495)
Date Constructed		2008
Date Acquired		2014
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	[2]	322
Gross amount carried at end of period, Land	[3],[4]	2,028
Gross amount carried at end of period, Building and Improvements	[3],[4]	5,860
Gross amount carried at end of period, Total	[3],[4]	7,888
Accumulated Depreciation	[5]	$ (889)
Date Constructed		2010
Date Acquired		2014
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],[3]	$ 1,440
Initial cost, Buildings and Improvements	[1],[3]	11,799
Gross amount carried at end of period, Land	[3],[4]	1,440
Gross amount carried at end of period, Building and Improvements	[3],[4]	11,799
Gross amount carried at end of period, Total	[3],[4]	13,239
Accumulated Depreciation	[3],[5]	$ (1,738)
Date Constructed	[3]	2012
Date Acquired	[3]	2014
Kroger - Copps Grocery Store [Member] | Stevens Point, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[3]	15 years
Kroger - Copps Grocery Store [Member] | Stevens Point, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives	[3]	30 years
Kroger - Pick n Save Center [Member] | West Bend, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 3,150
Initial cost, Buildings and Improvements	[1]	14,283
Cost Capitalized Subsequent to Acquisitions	[2]	1,345
Gross amount carried at end of period, Land	[3],[4]	3,150
Gross amount carried at end of period, Building and Improvements	[3],[4]	15,628
Gross amount carried at end of period, Total	[3],[4]	18,778
Accumulated Depreciation	[5]	$ (2,308)
Date Constructed		2011
Date Acquired		2014
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]
Initial cost, Land	[1]	$ 1,460
Initial cost, Buildings and Improvements	[1]	16,999
Cost Capitalized Subsequent to Acquisitions	[2]	432
Gross amount carried at end of period, Land	[3],[4]	1,460
Gross amount carried at end of period, Building and Improvements	[3],[4]	17,431
Gross amount carried at end of period, Total	[3],[4]	18,891
Accumulated Depreciation	[5]	$ (2,890)
Date Constructed		2013
Date Acquired		2014
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]	$ 3,053
Initial cost, Buildings and Improvements	[1]	7,081
Cost Capitalized Subsequent to Acquisitions	[2]	105
Gross amount carried at end of period, Land	[3],[4]	3,053
Gross amount carried at end of period, Building and Improvements	[3],[4]	7,186
Gross amount carried at end of period, Total	[3],[4]	10,239
Accumulated Depreciation	[5]	$ (1,210)
Date Constructed		2009
Date Acquired		2014
Landing at Ocean Isle Beach [Member] | Ocean Isle, NC [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Landing at Ocean Isle Beach [Member] | Ocean Isle, NC [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Mansfield Pointe [Member] | Mansfield, TX [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 5,350
Initial cost, Buildings and Improvements	[1]	20,002
Cost Capitalized Subsequent to Acquisitions	[2]	133
Gross amount carried at end of period, Land	[3],[4]	5,350
Gross amount carried at end of period, Building and Improvements	[3],[4]	20,135
Gross amount carried at end of period, Total	[3],[4]	25,485
Accumulated Depreciation	[5]	$ (3,555)
Date Constructed		2008
Date Acquired		2014
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	[2]	(627)
Gross amount carried at end of period, Land	[3],[4]	16,390
Gross amount carried at end of period, Building and Improvements	[3],[4]	46,344
Gross amount carried at end of period, Total	[3],[4]	62,734
Accumulated Depreciation	[5]	$ (5,343)
Date Constructed		2014
Date Acquired		2015
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	[2]	(113)
Gross amount carried at end of period, Land	[3],[4]	10,684
Gross amount carried at end of period, Building and Improvements	[3],[4]	68,467
Gross amount carried at end of period, Total	[3],[4]	79,151
Accumulated Depreciation	[5]	$ (7,263)
Date Constructed		2015
Date Acquired		2015
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]
Initial cost, Land	[1]	$ 8,810
Initial cost, Buildings and Improvements	[1]	29,699
Cost Capitalized Subsequent to Acquisitions	[2]	565
Gross amount carried at end of period, Land	[3],[4]	8,810
Gross amount carried at end of period, Building and Improvements	[3],[4]	30,264
Gross amount carried at end of period, Total	[3],[4]	39,074
Accumulated Depreciation	[5]	$ (5,271)
Date Acquired		2014
MidTowne Shopping Center [Member] | Little Rock, AR [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2005
Depreciable Lives		5 years
MidTowne Shopping Center [Member] | Little Rock, AR [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2008
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	[2]	824
Gross amount carried at end of period, Building and Improvements	[3],[4]	36,691
Gross amount carried at end of period, Total	[3],[4]	36,691
Accumulated Depreciation	[5]	$ (4,199)
Date Constructed		2007
Date Acquired		2015
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]	$ 7,833
Initial cost, Buildings and Improvements	[1]	8,329
Cost Capitalized Subsequent to Acquisitions	[2]	331
Gross amount carried at end of period, Land	[3],[4]	7,833
Gross amount carried at end of period, Building and Improvements	[3],[4]	8,660
Gross amount carried at end of period, Total	[3],[4]	16,493
Accumulated Depreciation	[5]	$ (2,365)
Date Acquired		2012
Newington Fair [Member] | Newington, CT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		1994
Depreciable Lives		15 years
Newington Fair [Member] | Newington, CT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2009
Depreciable Lives		30 years
North Hills Square [Member] | Coral Springs, FL [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 4,800
Initial cost, Buildings and Improvements	[1]	5,493
Cost Capitalized Subsequent to Acquisitions	[2]	236
Gross amount carried at end of period, Land	[3],[4]	4,800
Gross amount carried at end of period, Building and Improvements	[3],[4]	5,729
Gross amount carried at end of period, Total	[3],[4]	10,529
Accumulated Depreciation	[5]	$ (1,006)
Date Constructed		1997
Date Acquired		2014
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]	$ 4,254
Initial cost, Buildings and Improvements	[1]	14,467
Cost Capitalized Subsequent to Acquisitions	[2]	177
Gross amount carried at end of period, Land	[3],[4]	4,254
Gross amount carried at end of period, Building and Improvements	[3],[4]	14,644
Gross amount carried at end of period, Total	[3],[4]	18,898
Accumulated Depreciation	[5]	$ (1,608)
Date Acquired		2015
Oquirrh Mountain Marketplace [Member] | Jordan, UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2014
Depreciable Lives		15 years
Oquirrh Mountain Marketplace [Member] | Jordan, UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2015
Depreciable Lives		30 years
Oquirrh Mountain Marketplace Phase II [Member] | Jordan, UT [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 1,403
Initial cost, Buildings and Improvements	[1]	3,727
Cost Capitalized Subsequent to Acquisitions	[2]	(54)
Gross amount carried at end of period, Land	[3],[4]	1,403
Gross amount carried at end of period, Building and Improvements	[3],[4]	3,673
Gross amount carried at end of period, Total	[3],[4]	5,076
Accumulated Depreciation	[5]	$ (354)
Date Acquired		2016
Oquirrh Mountain Marketplace Phase II [Member] | Jordan, UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2014
Depreciable Lives		15 years
Oquirrh Mountain Marketplace Phase II [Member] | Jordan, UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2015
Depreciable Lives		30 years
Park Avenue Shopping Center [Member] | Little Rock, AR [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 5,500
Initial cost, Buildings and Improvements	[1]	16,365
Cost Capitalized Subsequent to Acquisitions	[2]	2,947
Gross amount carried at end of period, Land	[3],[4]	5,500
Gross amount carried at end of period, Building and Improvements	[3],[4]	19,312
Gross amount carried at end of period, Total	[3],[4]	24,812
Accumulated Depreciation	[5]	$ (3,271)
Date Constructed		2012
Date Acquired		2014
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	[2]	30
Gross amount carried at end of period, Land	[3],[4]	5,993
Gross amount carried at end of period, Building and Improvements	[3],[4]	11,281
Gross amount carried at end of period, Total	[3],[4]	17,274
Accumulated Depreciation	[5]	$ (765)
Date Constructed		1986
Date Acquired		2017
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]	$ 618
Initial cost, Buildings and Improvements	[1]	2,305
Gross amount carried at end of period, Land	[3],[4]	618
Gross amount carried at end of period, Building and Improvements	[3],[4]	2,305
Gross amount carried at end of period, Total	[3],[4]	2,923
Accumulated Depreciation	[5]	$ (316)
Date Constructed		2008
Date Acquired		2015
Plaza at Prairie Ridge [Member] | Pleasant Prairie, WI [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Plaza at Prairie Ridge [Member] | Pleasant Prairie, WI [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		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	[2]	91
Gross amount carried at end of period, Land	[3],[4]	5,336
Gross amount carried at end of period, Building and Improvements	[3],[4]	27,763
Gross amount carried at end of period, Total	[3],[4]	33,099
Accumulated Depreciation	[5]	$ (3,850)
Date Constructed		2007
Date Acquired		2015
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	[2]	1,361
Gross amount carried at end of period, Land	[3],[4]	5,873
Gross amount carried at end of period, Building and Improvements	[3],[4]	42,542
Gross amount carried at end of period, Total	[3],[4]	48,415
Accumulated Depreciation	[5]	$ (5,777)
Date Constructed		2008
Date Acquired		2015
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	[2]	238
Gross amount carried at end of period, Land	[3],[4]	25,961
Gross amount carried at end of period, Building and Improvements	[3],[4]	98,395
Gross amount carried at end of period, Total	[3],[4]	124,356
Accumulated Depreciation	[5]	$ (12,031)
Date Constructed		2011
Date Acquired		2015
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]	$ 2,285
Initial cost, Buildings and Improvements	[1]	8,527
Gross amount carried at end of period, Land	[3],[4]	2,285
Gross amount carried at end of period, Building and Improvements	[3],[4]	8,527
Gross amount carried at end of period, Total	[3],[4]	10,812
Accumulated Depreciation	[5]	$ (1,214)
Date Constructed		2008
Date Acquired		2015
Shoppes at Lake Park [Member] | West Valley City. UT [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Shoppes at Lake Park [Member] | West Valley City. UT [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		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	[2]	783
Gross amount carried at end of period, Land	[3],[4]	12,499
Gross amount carried at end of period, Building and Improvements	[3],[4]	9,171
Gross amount carried at end of period, Total	[3],[4]	21,670
Accumulated Depreciation	[5]	$ (1,693)
Date Acquired		2015
Shoppes at Market Pointe [Member] | Papillion, NE [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2006
Depreciable Lives		15 years
Shoppes at Market Pointe [Member] | Papillion, NE [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2007
Depreciable Lives		30 years
Shoppes at Prairie Ridge [Member] | Pleasant Prairie, WI [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 7,521
Initial cost, Buildings and Improvements	[1]	22,468
Cost Capitalized Subsequent to Acquisitions	[2]	351
Gross amount carried at end of period, Land	[3],[4]	7,521
Gross amount carried at end of period, Building and Improvements	[3],[4]	22,819
Gross amount carried at end of period, Total	[3],[4]	30,340
Accumulated Depreciation	[5]	$ (3,343)
Date Constructed		2009
Date Acquired		2014
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]
Initial cost, Land	[1]	$ 4,418
Initial cost, Buildings and Improvements	[1]	37,229
Cost Capitalized Subsequent to Acquisitions	[2]	961
Gross amount carried at end of period, Land	[3],[4]	4,418
Gross amount carried at end of period, Building and Improvements	[3],[4]	38,190
Gross amount carried at end of period, Total	[3],[4]	42,608
Accumulated Depreciation	[5]	$ (5,476)
Date Constructed		2005
Date Acquired		2014
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]	$ 1,329
Initial cost, Buildings and Improvements	[1]	10,341
Cost Capitalized Subsequent to Acquisitions	[2]	251
Gross amount carried at end of period, Land	[3],[4]	1,329
Gross amount carried at end of period, Building and Improvements	[3],[4]	10,592
Gross amount carried at end of period, Total	[3],[4]	11,921
Accumulated Depreciation	[5]	$ (1,505)
Date Constructed		2009
Date Acquired		2015
Shops at Hawk Ridge [Member] | St. Louis, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		5 years
Shops at Hawk Ridge [Member] | St. Louis, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		30 years
Treasure Valley [Member] | Nampa, ID [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 3,133
Initial cost, Buildings and Improvements	[1]	12,000
Gross amount carried at end of period, Land	[3],[4]	3,133
Gross amount carried at end of period, Building and Improvements	[3],[4]	12,000
Gross amount carried at end of period, Total	[3],[4]	15,133
Accumulated Depreciation	[5]	$ (1,638)
Date Constructed		2014
Date Acquired		2015
Treasure Valley [Member] | Nampa, ID [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		15 years
Treasure Valley [Member] | Nampa, ID [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		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	[2]	793
Gross amount carried at end of period, Land	[3],[4]	10,789
Gross amount carried at end of period, Building and Improvements	[3],[4]	20,178
Gross amount carried at end of period, Total	[3],[4]	30,967
Accumulated Depreciation	[5]	$ (2,555)
Date Acquired		2015
Village at Burlington Creek [Member] | Kansas City, MO [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2007
Depreciable Lives		5 years
Village at Burlington Creek [Member] | Kansas City, MO [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2015
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	[2]	410
Gross amount carried at end of period, Land	[3],[4]	2,624
Gross amount carried at end of period, Building and Improvements	[3],[4]	10,093
Gross amount carried at end of period, Total	[3],[4]	12,717
Accumulated Depreciation	[5]	$ (1,403)
Date Constructed		2011
Date Acquired		2015
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]
Initial cost, Land	[1]	$ 2,220
Initial cost, Buildings and Improvements	[1]	26,577
Cost Capitalized Subsequent to Acquisitions	[2]	157
Gross amount carried at end of period, Land	[3],[4]	2,220
Gross amount carried at end of period, Building and Improvements	[3],[4]	26,734
Gross amount carried at end of period, Total	[3],[4]	28,954
Accumulated Depreciation	[5]	$ (4,692)
Date Acquired		2013
Wedgewood Commons [Member] | Olive Branch, MS [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2009
Depreciable Lives		5 years
Wedgewood Commons [Member] | Olive Branch, MS [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2013
Depreciable Lives		30 years
Whispering Ridge [Member] | Omaha, NE [Member]
Real Estate And Accumulated Depreciation [Line Items]
Initial cost, Land	[1]	$ 1,627
Initial cost, Buildings and Improvements	[1]	10,418
Cost Capitalized Subsequent to Acquisitions	[2]	(4,144)
Gross amount carried at end of period, Land	[3],[4]	1,627
Gross amount carried at end of period, Building and Improvements	[3],[4]	6,274
Gross amount carried at end of period, Total	[3],[4]	7,901
Accumulated Depreciation	[5]	$ (156)
Date Constructed		2007
Date Acquired		2015
Whispering Ridge [Member] | Omaha, NE [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		5 years
Whispering Ridge [Member] | Omaha, NE [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Depreciable Lives		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	[2]	1,788
Gross amount carried at end of period, Land	[3],[4]	18,961
Gross amount carried at end of period, Building and Improvements	[3],[4]	72,211
Gross amount carried at end of period, Total	[3],[4]	91,172
Accumulated Depreciation	[5]	$ (9,589)
Date Constructed		2013
Date Acquired		2015
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]
Initial cost, Land	[1]	$ 11,155
Initial cost, Buildings and Improvements	[1]	27,498
Cost Capitalized Subsequent to Acquisitions	[2]	1,020
Gross amount carried at end of period, Land	[3],[4]	11,155
Gross amount carried at end of period, Building and Improvements	[3],[4]	28,518
Gross amount carried at end of period, Total	[3],[4]	39,673
Accumulated Depreciation	[5]	$ (1,977)
Date Constructed		2007
Date Acquired		2017
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]	$ 4,990
Initial cost, Buildings and Improvements	[1]	13,928
Cost Capitalized Subsequent to Acquisitions	[2]	538
Gross amount carried at end of period, Land	[3],[4]	4,990
Gross amount carried at end of period, Building and Improvements	[3],[4]	14,466
Gross amount carried at end of period, Total	[3],[4]	19,456
Accumulated Depreciation	[5]	$ (2,217)
Date Acquired		2015
Yorkville Marketplace [Member] | Yorkville, IL [Member] | Minimum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2002
Depreciable Lives		15 years
Yorkville Marketplace [Member] | Yorkville, IL [Member] | Maximum [Member]
Real Estate And Accumulated Depreciation [Line Items]
Date Constructed		2007
Depreciable Lives		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]	As applicable, some amounts include write-offs
[3]	Reconciliation of real estate owned:
[4]	The aggregate cost of real estate owned at December 31, 2018 for federal income tax purposes was $1,448,586.
[5]	Reconciliation of accumulated depreciation:

Schedule III Real Estate and _2

Schedule III Real Estate and Accumulated Depreciation (Narrative) (Details) $ in Thousands	Dec. 31, 2018USD ($)
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Aggregate cost of real estate owned for federal income tax purpose	$ 1,448,586

Schedule III Real Estate and _3

Schedule III Real Estate and Accumulated Depreciation - Reconciliation of Real Estate Owned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018		Dec. 31, 2017	Dec. 31, 2016
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Balance at January 1,	$ 1,288,917		$ 1,233,231	$ 1,161,437
Acquisitions			59,306	68,977
Improvements, net of master lease	9,919		5,594	2,817
Impairment of investment property			(9,214)
Balance at December 31,	$ 1,298,836	[1],[2]	$ 1,288,917	$ 1,233,231
[1]	Reconciliation of real estate owned:
[2]	The aggregate cost of real estate owned at December 31, 2018 for federal income tax purposes was $1,448,586.

Schedule III Real Estate and _4

Schedule III Real Estate and Accumulated Depreciation - Reconciliation of Accumulated Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018		Dec. 31, 2017	Dec. 31, 2016
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Balance at January 1,	$ 101,094		$ 62,631
Depreciation expense	38,040		39,497	$ 35,086
Impairment of investment property			(1,034)
Balance at December 31,	$ 139,134	[1]	$ 101,094	$ 62,631
[1]	Reconciliation of accumulated depreciation: