Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2023 | Feb. 09, 2024 | Jun. 30, 2023 | |
Document Information [Line Items] | |||
Entity Central Index Key | 0000879101 | ||
Entity Registrant Name | KIMCO REALTY CORPORATION | ||
Amendment Flag | false | ||
Current Fiscal Year End Date | --12-31 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2023 | ||
Document Type | 10-K | ||
Document Annual Report | true | ||
Document Period End Date | Dec. 31, 2023 | ||
Document Transition Report | false | ||
Entity File Number | 1-10899 | ||
Entity Incorporation, State or Country Code | MD | ||
Entity Tax Identification Number | 13-2744380 | ||
Entity Address, Address Line One | 500 North Broadway, Suite 201 | ||
Entity Address, City or Town | Jericho | ||
Entity Address, State or Province | NY | ||
Entity Address, Postal Zip Code | 11753 | ||
City Area Code | 516 | ||
Local Phone Number | 869-9000 | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | false | ||
ICFR Auditor Attestation Flag | true | ||
Document Financial Statement Error Correction [Flag] | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 12,000,000,000 | ||
Entity Common Stock, Shares Outstanding | 672,904,480 | ||
Auditor Firm ID | 238 | ||
Auditor Name | PricewaterhouseCoopers LLP | ||
Auditor Location | New York, New York | ||
Kimco Realty OP, LLC [Member] | |||
Document Information [Line Items] | |||
Entity Central Index Key | 0001959472 | ||
Entity Registrant Name | KIMCO REALTY OP, LLC | ||
Amendment Flag | false | ||
Current Fiscal Year End Date | --12-31 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2023 | ||
Entity File Number | 333-269102-01 | ||
Entity Incorporation, State or Country Code | DE | ||
Entity Tax Identification Number | 92-1489725 | ||
Entity Well-known Seasoned Issuer | Yes | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business | false | ||
Entity Emerging Growth Company | false | ||
ICFR Auditor Attestation Flag | false | ||
Document Financial Statement Error Correction [Flag] | false | ||
Entity Shell Company | false | ||
Class N Cumulative Convertible Preferred Stock Depositary Shares [Member] | |||
Document Information [Line Items] | |||
Title of 12(b) Security | Depositary Shares, each representing one-thousandth of a share of 7.250% Class N Cumulative Convertible Preferred Stock, $1.00 par value per share. | ||
Trading Symbol | KIMprN | ||
Security Exchange Name | NYSE | ||
Class M Cumulative Redeemable Preferred Stock [Member] | |||
Document Information [Line Items] | |||
Title of 12(b) Security | Depositary Shares, each representing one-thousandth of a share of 5.250% Class M Cumulative Redeemable Preferred Stock, $1.00 par value per share. | ||
Trading Symbol | KIMprM | ||
Security Exchange Name | NYSE | ||
Class L Cumulative Redeemable Preferred Stock [Member] | |||
Document Information [Line Items] | |||
Title of 12(b) Security | Depositary Shares, each representing one-thousandth of a share of 5.125% Class L Cumulative Redeemable Preferred Stock, $1.00 par value per share. | ||
Trading Symbol | KIMprL | ||
Security Exchange Name | NYSE | ||
Common Stock [Member] | |||
Document Information [Line Items] | |||
Title of 12(b) Security | Common Stock, par value $.01 per share. | ||
Trading Symbol | KIM | ||
Security Exchange Name | NYSE |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||
Assets: | ||||
Land | $ 4,177,797 | $ 4,124,542 | ||
Building and improvements | 14,759,997 | 14,332,700 | ||
Real estate | 18,937,794 | 18,457,242 | ||
Less: accumulated depreciation and amortization | [1] | (3,842,869) | (3,417,414) | |
Total real estate, net | 15,094,925 | 15,039,828 | ||
Cash and cash equivalents | 783,757 | 149,829 | ||
Marketable securities | 330,057 | 597,732 | ||
Accounts and notes receivable, net | 307,617 | 304,226 | ||
Deferred charges and prepaid expenses | 155,567 | 147,863 | ||
Operating lease right-of-use assets, net | 128,258 | 133,733 | ||
Other assets | 241,948 | 253,779 | ||
Total assets | [2] | 18,274,022 | 17,826,122 | |
Liabilities: | ||||
Notes payable, net | 7,262,851 | 6,780,969 | ||
Mortgages payable, net | 353,945 | 376,917 | ||
Accounts payable and accrued expenses | 216,237 | 207,815 | ||
Dividends payable | 5,308 | 5,326 | ||
Operating lease liabilities | 109,985 | [3] | 113,679 | |
Other liabilities | 599,961 | 601,574 | ||
Total liabilities | [4] | 8,548,287 | 8,086,280 | |
Redeemable noncontrolling interests | 72,277 | 92,933 | ||
Commitments and contingencies (Footnote 21) | ||||
Stockholders' equity: | ||||
Preferred stock, $1.00 par value, authorized 7,054,000 shares; issued and outstanding (in series) 19,367 and 19,435 shares, respectively; aggregate liquidation preference $484,179 and $485,868, respectively | 19 | 19 | ||
Common stock, $.01 par value, authorized 750,000,000 shares; issued and outstanding 619,871,237 and 618,483,565 shares, respectively | 6,199 | 6,185 | ||
Paid-in capital | 9,638,494 | 9,618,271 | ||
Cumulative distributions in excess of net income | (122,576) | (119,548) | ||
Accumulated other comprehensive income | 3,329 | 10,581 | ||
Total stockholders' equity | 9,525,465 | 9,515,508 | ||
Noncontrolling interests | 127,993 | 131,401 | ||
Total equity | 9,653,458 | 9,646,909 | ||
Total liabilities and equity | 18,274,022 | 17,826,122 | ||
Members' capital: | ||||
Accumulated other comprehensive income | 3,329 | 10,581 | ||
Noncontrolling interests | 127,993 | 131,401 | ||
Total equity | 9,653,458 | 9,646,909 | ||
Total liabilities and equity | 18,274,022 | 17,826,122 | ||
Investments in and Advances to Real Estate Joint Ventures [Member] | ||||
Assets: | ||||
Investments in and advances to real estate joint ventures | 1,087,804 | 1,091,551 | ||
Other Real Estate Investments [Member] | ||||
Assets: | ||||
Other investments | 144,089 | 107,581 | ||
Kimco Realty OP, LLC [Member] | ||||
Assets: | ||||
Land | 4,177,797 | 4,124,542 | ||
Building and improvements | 14,759,997 | 14,332,700 | ||
Real estate | 18,937,794 | 18,457,242 | ||
Less: accumulated depreciation and amortization | (3,842,869) | (3,417,414) | ||
Total real estate, net | 15,094,925 | 15,039,828 | ||
Cash and cash equivalents | 783,757 | 149,829 | ||
Marketable securities | 330,057 | 597,732 | ||
Accounts and notes receivable, net | 307,617 | 304,226 | ||
Deferred charges and prepaid expenses | 155,567 | 147,863 | ||
Operating lease right-of-use assets, net | 128,258 | 133,733 | ||
Other assets | 241,948 | 253,779 | ||
Total assets | [5] | 18,274,022 | 17,826,122 | |
Liabilities: | ||||
Notes payable, net | 7,262,851 | 6,780,969 | ||
Mortgages payable, net | 353,945 | 376,917 | ||
Accounts payable and accrued expenses | 216,237 | 207,815 | ||
Dividends payable | 5,308 | 5,326 | ||
Operating lease liabilities | 109,985 | 113,679 | ||
Other liabilities | 599,961 | 601,574 | ||
Total liabilities | [4] | 8,548,287 | 8,086,280 | |
Redeemable noncontrolling interests | 72,277 | 92,933 | ||
Stockholders' equity: | ||||
Accumulated other comprehensive income | 3,329 | 10,581 | ||
Noncontrolling interests | 127,993 | 131,401 | ||
Total equity | 9,653,458 | 9,646,909 | ||
Total liabilities and equity | 18,274,022 | 17,826,122 | ||
Members' capital: | ||||
Preferred units; Issued and outstanding 19,367 and 19,435 units, respectively | 467,396 | 469,027 | ||
Common units; Issued and outstanding 619,871,237 and 618,483,565 units, respectively | 9,054,740 | 9,035,900 | ||
Accumulated other comprehensive income | 3,329 | 10,581 | ||
Total members' capital | 9,525,465 | 9,515,508 | ||
Noncontrolling interests | 127,993 | 131,401 | ||
Total equity | 9,653,458 | 9,646,909 | ||
Total liabilities and equity | 18,274,022 | 17,826,122 | ||
Kimco Realty OP, LLC [Member] | Investments in and Advances to Real Estate Joint Ventures [Member] | ||||
Assets: | ||||
Investments in and advances to real estate joint ventures | 1,087,804 | 1,091,551 | ||
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member] | ||||
Assets: | ||||
Other investments | $ 144,089 | $ 107,581 | ||
[1]At December 31, 2023 and 2022, the Company had accumulated amortization relating to in-place leases and above-market leases aggregating $751,215 and $671,794, respectively.[2]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 2023 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements.[3]Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company's Consolidated Balance Sheets.[4]Includes non-recourse liabilities of consolidated VIEs at December 31, 2023 and 2022 of $180,855 and $199.132, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements.[5]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 20223 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements. |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |
Total assets | [1] | $ 18,274,022 | $ 17,826,122 |
Total liabilities | [2] | $ 8,548,287 | $ 8,086,280 |
Preferred stock, par value (in dollars per share) | $ 1 | $ 1 | |
Preferred stock, shares authorized (in shares) | 7,054,000 | 7,054,000 | |
Preferred stock, shares issued (in shares) | 19,367 | 19,435 | |
Preferred stock, shares outstanding (in shares) | 19,367 | 19,435 | |
Preferred stock, liquidation preference | $ 484,179 | $ 485,868 | |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 | |
Common stock, shares authorized (in shares) | 750,000,000 | 750,000,000 | |
Common stock, shares issued (in shares) | 619,871,237 | 618,483,565 | |
Common stock, shares outstanding (in shares) | 619,871,237 | 618,483,565 | |
Kimco Realty OP, LLC [Member] | |||
Total assets | [3] | $ 18,274,022 | $ 17,826,122 |
Total liabilities | [2] | $ 8,548,287 | $ 8,086,280 |
Preferred units, issued (in shares) | 19,367 | 19,435 | |
Preferred units, outstanding (in shares) | 19,367 | 19,435 | |
Common units, issued (in shares) | 619,871,237 | 618,483,565 | |
Common units, outstanding (in shares) | 619,871,237 | 618,483,565 | |
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member] | |||
Total liabilities | $ 180,855 | $ 199,132 | |
Variable Interest Entity, Primary Beneficiary [Member] | Kimco Realty OP, LLC [Member] | Nonrecourse [Member] | |||
Total liabilities | 180,855 | 199,132 | |
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member] | |||
Total assets | 388,620 | 436,605 | |
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member] | Kimco Realty OP, LLC [Member] | |||
Total assets | $ 388,620 | $ 436,605 | |
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 2023 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements.[2]Includes non-recourse liabilities of consolidated VIEs at December 31, 2023 and 2022 of $180,855 and $199.132, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements.[3]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 20223 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements. |
Consolidated Statements of Inco
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Revenues | ||||
Revenues from rental properties, net | $ 1,767,057 | $ 1,710,848 | $ 1,349,702 | |
Management and other fee income | 16,343 | 16,836 | 14,883 | |
Total revenues | 1,783,400 | 1,727,684 | 1,364,585 | |
Operating expenses | ||||
Rent | (15,997) | (15,811) | (13,773) | |
Real estate taxes | (231,578) | (224,729) | (181,256) | |
Operating and maintenance | (309,143) | (290,367) | (222,882) | |
General and administrative | (136,807) | (119,534) | (104,121) | |
Impairment charges | (14,043) | (21,958) | (3,597) | |
Merger charges | (4,766) | 0 | (50,191) | |
Depreciation and amortization | (507,265) | (505,000) | (395,320) | |
Total operating expenses | (1,219,599) | (1,177,399) | (971,140) | |
Gain on sale of properties | 74,976 | 15,179 | 30,841 | |
Operating income | 638,777 | 565,464 | 424,286 | |
Other income/(expense) | ||||
Special dividend income | 194,116 | 0 | 0 | |
Other income, net | 39,960 | 28,829 | 19,810 | |
Gain/(loss) on marketable securities, net | 21,262 | (315,508) | 505,163 | |
Interest expense | (250,201) | (226,823) | (204,133) | |
Early extinguishment of debt charges | 0 | (7,658) | 0 | |
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net | 643,914 | 44,304 | 745,126 | |
Provision for income taxes, net | (60,952) | (56,654) | (3,380) | |
Equity in income, net | 10,709 | 17,403 | 23,172 | |
Net income | 665,949 | 114,534 | 849,696 | |
Net (income)/loss attributable to noncontrolling interests | (11,676) | 11,442 | (5,637) | |
Net income attributable to the Company | 654,273 | 125,976 | 844,059 | |
Preferred dividends | (25,021) | (25,218) | (25,416) | |
Net income available to the Company's common shareholders | $ 629,252 | $ 100,758 | $ 818,643 | |
Per common share: | ||||
-Basic (in dollars per share) | $ 1.02 | $ 0.16 | $ 1.61 | |
-Diluted (in dollars per share) | $ 1.02 | $ 0.16 | $ 1.6 | |
Weighted average shares: | ||||
-Basic (in shares) | 616,947 | 615,528 | 506,248 | |
-Diluted (in shares) | [1] | 618,199 | 617,858 | 511,385 |
Joint Ventures [Member] | ||||
Other income/(expense) | ||||
Equity in income, net | $ 72,278 | $ 109,481 | $ 84,778 | |
Other Real Estate Investments [Member] | ||||
Other income/(expense) | ||||
Equity in income, net | 10,709 | 17,403 | 23,172 | |
Kimco Realty OP, LLC [Member] | ||||
Revenues | ||||
Revenues from rental properties, net | 1,767,057 | 1,710,848 | 1,349,702 | |
Management and other fee income | 16,343 | 16,836 | 14,883 | |
Total revenues | 1,783,400 | 1,727,684 | 1,364,585 | |
Operating expenses | ||||
Rent | (15,997) | (15,811) | (13,773) | |
Real estate taxes | (231,578) | (224,729) | (181,256) | |
Operating and maintenance | (309,143) | (290,367) | (222,882) | |
General and administrative | (136,807) | (119,534) | (104,121) | |
Impairment charges | (14,043) | (21,958) | (3,597) | |
Merger charges | (4,766) | 0 | (50,191) | |
Depreciation and amortization | (507,265) | (505,000) | (395,320) | |
Total operating expenses | (1,219,599) | (1,177,399) | (971,140) | |
Gain on sale of properties | 74,976 | 15,179 | 30,841 | |
Operating income | 638,777 | 565,464 | 424,286 | |
Other income/(expense) | ||||
Special dividend income | 194,116 | 0 | 0 | |
Other income, net | 39,960 | 28,829 | 19,810 | |
Gain/(loss) on marketable securities, net | 21,262 | (315,508) | 505,163 | |
Interest expense | (250,201) | (226,823) | (204,133) | |
Early extinguishment of debt charges | 0 | (7,658) | 0 | |
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net | 643,914 | 44,304 | 745,126 | |
Provision for income taxes, net | (60,952) | (56,654) | (3,380) | |
Net income | 665,949 | 114,534 | 849,696 | |
Net (income)/loss attributable to noncontrolling interests | (11,676) | 11,442 | (5,637) | |
Net income attributable to the Company | 654,273 | 125,976 | 844,059 | |
Preferred dividends | (25,021) | (25,218) | (25,416) | |
Net income available to the Company's common shareholders | $ 629,252 | $ 100,758 | $ 818,643 | |
Per common share: | ||||
-Basic (in dollars per share) | $ 1.02 | $ 0.16 | $ 1.61 | |
-Diluted (in dollars per share) | $ 1.02 | $ 0.16 | $ 1.6 | |
Weighted average shares: | ||||
-Basic (in shares) | 616,947 | 615,528 | 506,248 | |
-Diluted (in shares) | 618,199 | 617,858 | 511,385 | |
Kimco Realty OP, LLC [Member] | Joint Ventures [Member] | ||||
Other income/(expense) | ||||
Equity in income, net | $ 72,278 | $ 109,481 | $ 84,778 | |
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member] | ||||
Other income/(expense) | ||||
Equity in income, net | $ 10,709 | $ 17,403 | $ 23,172 | |
[1]The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company’s common shareholders per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations. Additionally, there were 0.3 million stock options that were not dilutive as of December 31, 2022. |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Net income | $ 665,949 | $ 114,534 | $ 849,696 |
Other comprehensive income: | |||
Change in unrealized gains related to defined benefit plan | (10,581) | 8,365 | 2,216 |
Change in unrealized gains related to equity method investments | 3,329 | 0 | 0 |
Other comprehensive income | (7,252) | 8,365 | 2,216 |
Comprehensive income | 658,697 | 122,899 | 851,912 |
Comprehensive (income)/loss attributable to noncontrolling interests | (11,676) | 11,442 | (5,637) |
Comprehensive income attributable to the Company | 647,021 | 134,341 | 846,275 |
Net income | 665,949 | 114,534 | 849,696 |
Kimco Realty OP, LLC [Member] | |||
Net income | 665,949 | 114,534 | 849,696 |
Other comprehensive income: | |||
Change in unrealized gains related to defined benefit plan | (10,581) | 8,365 | 2,216 |
Change in unrealized gains related to equity method investments | 3,329 | 0 | 0 |
Other comprehensive income | (7,252) | 8,365 | 2,216 |
Comprehensive income | 658,697 | 122,899 | 851,912 |
Comprehensive (income)/loss attributable to noncontrolling interests | (11,676) | 11,442 | (5,637) |
Comprehensive income attributable to the Company | 647,021 | 134,341 | 846,275 |
Net income | $ 665,949 | $ 114,534 | $ 849,696 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity - USD ($) $ in Thousands | Kimco Realty OP, LLC [Member] Preferred Stock [Member] | Kimco Realty OP, LLC [Member] Common Stock [Member] | Kimco Realty OP, LLC [Member] AOCI Attributable to Parent [Member] | Kimco Realty OP, LLC [Member] Parent [Member] | Kimco Realty OP, LLC [Member] Noncontrolling Interest [Member] | Kimco Realty OP, LLC [Member] | Preferred Stock [Member] | Common Stock [Member] | AOCI Attributable to Parent [Member] | Parent [Member] | Noncontrolling Interest [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balance (in shares) at Dec. 31, 2020 | 20,000 | 432,519,000 | 20,000 | 432,519,000 | ||||||||||
Balance at Dec. 31, 2020 | $ 472,533 | $ 5,135,511 | $ 0 | $ 5,608,044 | $ 62,210 | $ 5,670,254 | $ 20 | $ 4,325 | $ 0 | $ 5,608,044 | $ 62,210 | $ 5,766,511 | $ (162,812) | $ 5,670,254 |
Net income (loss) | 25,420 | 818,639 | 0 | 844,059 | 5,637 | 849,696 | 0 | 0 | 0 | 844,059 | 5,637 | 0 | 844,059 | 849,696 |
Change in unrealized gains related to defined benefit plan | 0 | 0 | 2,216 | 2,216 | 0 | 2,216 | 0 | 0 | 2,216 | 2,216 | 0 | 0 | 0 | 2,216 |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | (751) | (751) | 0 | 0 | 0 | 0 | (751) | 0 | 0 | (751) |
Dividends declared to preferred shares | (25,420) | (25,420) | (25,420) | |||||||||||
Dividends declared to common shares | 0 | 0 | 0 | (356,712) | 0 | 0 | (356,712) | (356,712) | ||||||
Distributions to noncontrolling interests | $ 0 | $ 0 | 0 | 0 | (28,707) | (28,707) | $ 0 | $ 0 | 0 | 0 | (28,707) | 0 | 0 | (28,707) |
Issuance of common stock, net of issuance costs (in shares) | 0 | 5,274,000 | 0 | 4,958,000 | ||||||||||
Issuance of common stock, net of issuance costs | $ 0 | $ 82,989 | 0 | 82,989 | 0 | 82,989 | $ 0 | $ 50 | 0 | 76,929 | 0 | 76,879 | 0 | 76,929 |
Issuance of common stock for Weingarten Realty Investors merger (in shares) | 0 | 179,920,000 | 0 | 179,920,000 | ||||||||||
Issuance of common stock for Weingarten Realty Investors merger | $ 0 | $ 3,738,735 | 0 | 3,738,735 | 0 | 3,738,735 | $ 0 | $ 1,799 | 0 | 3,738,735 | 0 | 3,736,936 | 0 | 3,738,735 |
Surrender of common stock for taxes (in shares) | 0 | (1,127,000) | 0 | (1,127,000) | ||||||||||
Surrender of common stock for taxes | $ 0 | $ (20,909) | 0 | (20,909) | 0 | (20,909) | $ 0 | $ (11) | 0 | (20,909) | 0 | (20,898) | 0 | $ (20,909) |
Exercise of common stock options (in shares) | 0 | 316,000 | 315,750 | |||||||||||
Exercise of common stock options | $ 0 | $ 3 | 0 | 6,060 | 0 | 6,057 | 0 | $ 6,060 | ||||||
Amortization of equity awards | 0 | 22,543 | 0 | 22,543 | 0 | 22,543 | 0 | 0 | 0 | 22,543 | 0 | 22,543 | 0 | 22,543 |
Noncontrolling interests assumed from the Weingarten Realty Investors merger | $ 0 | $ 0 | 0 | 0 | 177,039 | 177,039 | $ 0 | $ 0 | 0 | 0 | 177,039 | 0 | 0 | 177,039 |
Redemption/conversion of noncontrolling interests (in shares) | 0 | (73,000) | 0 | (73,000) | ||||||||||
Redemption/conversion of noncontrolling interests | $ 0 | $ 1,540 | 0 | 1,540 | (4,635) | (3,095) | $ 0 | $ 1 | 0 | 1,540 | (4,635) | 1,539 | 0 | (3,095) |
Redemption/conversion of noncontrolling interests (in shares) | 0 | 73,000 | 0 | 73,000 | ||||||||||
Adjustment of redeemable noncontrolling interests to estimated fair value | $ 0 | $ 2,304 | 0 | 2,304 | 0 | 2,304 | $ 0 | $ 0 | 0 | 2,304 | 0 | 2,304 | 0 | $ 2,304 |
Repurchase of preferred stock (in shares) | (1,084,953) | |||||||||||||
Change in unrealized gains related to equity method investments | 0 | $ 0 | ||||||||||||
Amortization of equity awards | $ 0 | $ (22,543) | 0 | (22,543) | 0 | (22,543) | $ 0 | $ 0 | 0 | (22,543) | 0 | (22,543) | 0 | (22,543) |
Balance (in shares) at Dec. 31, 2021 | 20,000 | 616,659,000 | 20,000 | 616,659,000 | ||||||||||
Balance at Dec. 31, 2021 | $ 472,533 | $ 9,424,640 | 2,216 | 9,899,389 | 210,793 | 10,110,182 | $ 20 | $ 6,167 | 2,216 | 9,899,389 | 210,793 | 9,591,871 | 299,115 | 10,110,182 |
Distributions declared to preferred unitholders | (25,420) | 0 | 0 | (25,420) | 0 | (25,420) | ||||||||
Distributions declared to common unitholders | 0 | (356,712) | 0 | (356,712) | (356,712) | |||||||||
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 751 | 751 | 0 | 0 | 0 | 0 | 751 | 0 | 0 | 751 |
Net income (loss) | $ 25,218 | $ 100,758 | 0 | 125,976 | (11,442) | 114,534 | 0 | 0 | 0 | 125,976 | (11,442) | 0 | 125,976 | 114,534 |
Change in unrealized gains related to defined benefit plan | 8,365 | 8,365 | 8,365 | 0 | 0 | 8,365 | 8,365 | 0 | 0 | 0 | 8,365 | |||
Redeemable noncontrolling interests income | (1,770) | (1,770) | 0 | 0 | 0 | 0 | (1,770) | 0 | 0 | (1,770) | ||||
Dividends declared to preferred shares | (25,286) | (25,286) | (25,286) | |||||||||||
Dividends declared to common shares | 0 | 0 | 0 | (519,417) | 0 | 0 | (519,417) | (519,417) | ||||||
Distributions to noncontrolling interests | (65,232) | (65,232) | $ 0 | $ 0 | 0 | 0 | (65,232) | 0 | 0 | (65,232) | ||||
Issuance of common stock, net of issuance costs (in shares) | 0 | 2,368,000 | 0 | 2,162,000 | ||||||||||
Issuance of common stock, net of issuance costs | $ 0 | $ 15,513 | 0 | 15,513 | 0 | 15,513 | $ 0 | $ 22 | 0 | 11,281 | 0 | 11,259 | 0 | $ 11,281 |
Surrender of common stock for taxes (in shares) | (616,000) | |||||||||||||
Exercise of common stock options (in shares) | 0 | 206,000 | 205,871 | |||||||||||
Exercise of common stock options | $ 0 | $ 1 | 0 | 4,232 | 0 | 4,231 | 0 | $ 4,232 | ||||||
Amortization of equity awards | $ 26,602 | 26,602 | 26,602 | $ 0 | $ 0 | 0 | 26,602 | 0 | 26,602 | 0 | 26,602 | |||
Redemption/conversion of noncontrolling interests (in shares) | 0 | (73,000) | ||||||||||||
Redemption/conversion of noncontrolling interests | 1,598 | 1,598 | (1,839) | (241) | $ 0 | $ 1 | 0 | 1,598 | (1,839) | 1,597 | 0 | (241) | ||
Redemption/conversion of noncontrolling interests (in shares) | 0 | 73,000 | ||||||||||||
Contributions from noncontrolling interest | 0 | 0 | 0 | 0 | 891 | 891 | $ 0 | $ 0 | 0 | 0 | 891 | 0 | 0 | $ 891 |
Repurchase of preferred stock (in shares) | (1,000) | 0 | (567,450) | |||||||||||
Repurchase of preferred stock | $ (3,506) | (3,506) | (3,506) | $ (1) | $ 0 | 0 | (3,442) | 0 | (3,505) | 64 | $ (3,442) | |||
Surrender of restricted common stock (in shares) | 0 | (616,000) | ||||||||||||
Surrender of restricted common stock | (13,790) | (13,790) | (13,790) | $ 0 | $ (6) | 0 | (13,790) | 0 | (13,784) | 0 | (13,790) | |||
Change in unrealized gains related to equity method investments | 0 | 0 | ||||||||||||
Amortization of equity awards | $ (26,602) | (26,602) | (26,602) | $ 0 | $ 0 | 0 | (26,602) | 0 | (26,602) | 0 | (26,602) | |||
Balance (in shares) at Dec. 31, 2022 | 19,000 | 618,484,000 | 19,000 | 618,484,000 | ||||||||||
Balance at Dec. 31, 2022 | $ 469,027 | $ 9,035,900 | 10,581 | 9,515,508 | 131,401 | 9,646,909 | $ 19 | $ 6,185 | 10,581 | 9,515,508 | 131,401 | 9,618,271 | (119,548) | 9,646,909 |
Distributions declared to preferred unitholders | $ (25,218) | (25,218) | (25,218) | |||||||||||
Distributions declared to common unitholders | (519,421) | (519,421) | (519,421) | |||||||||||
Repurchase of preferred units (in shares) | (1,000) | |||||||||||||
Redeemable noncontrolling interests income | 1,770 | 1,770 | 0 | 0 | 0 | 0 | 1,770 | 0 | 0 | 1,770 | ||||
Net income (loss) | $ 25,021 | 629,252 | 0 | 654,273 | 11,676 | 665,949 | 0 | 0 | 0 | 654,273 | 11,676 | 0 | 654,273 | 665,949 |
Change in unrealized gains related to defined benefit plan | 0 | 0 | (10,581) | (10,581) | 0 | (10,581) | 0 | 0 | (10,581) | (10,581) | 0 | 0 | 0 | (10,581) |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 5,820 | 5,820 | 0 | 0 | 0 | 0 | (5,820) | 0 | 0 | (5,820) |
Dividends declared to preferred shares | 0 | 0 | 0 | (25,021) | 0 | 0 | (25,021) | (25,021) | ||||||
Dividends declared to common shares | 0 | 0 | 0 | (632,280) | 0 | 0 | (632,280) | (632,280) | ||||||
Distributions to noncontrolling interests | $ 0 | $ 0 | 0 | 0 | (5,614) | (5,614) | $ 0 | $ 0 | 0 | 0 | (5,614) | 0 | 0 | (5,614) |
Issuance of common stock, net of issuance costs (in shares) | 2,161,000 | 0 | 1,988,000 | |||||||||||
Issuance of common stock, net of issuance costs | $ 3,727 | 3,727 | 3,727 | $ 0 | $ 20 | 0 | 0 | 0 | (20) | 0 | $ 0 | |||
Surrender of common stock for taxes (in shares) | 0 | (774,000) | 0 | (774,000) | ||||||||||
Exercise of common stock options (in shares) | 0 | 173,000 | 173,038 | |||||||||||
Exercise of common stock options | $ 0 | $ 2 | 0 | 3,727 | 0 | 3,725 | 0 | $ 3,727 | ||||||
Amortization of equity awards | $ 0 | $ 33,088 | 0 | 33,088 | 0 | 33,088 | 0 | 0 | 0 | (33,088) | 0 | (33,088) | 0 | (33,088) |
Redemption/conversion of noncontrolling interests | 0 | (112) | 0 | (112) | (3,663) | (3,775) | 0 | 0 | 0 | (112) | (3,663) | (112) | 0 | (3,775) |
Adjustment of redeemable noncontrolling interests to estimated fair value | 0 | 1,492 | 0 | 1,492 | 0 | 1,492 | 0 | 0 | 0 | 1,492 | 0 | 1,492 | 0 | 1,492 |
Contributions from noncontrolling interest | 0 | 0 | 0 | 0 | 13 | 13 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | $ 13 |
Repurchase of preferred stock (in shares) | (761,149) | |||||||||||||
Surrender of restricted common stock | 0 | (16,327) | 0 | (16,327) | 0 | (16,327) | 0 | (8) | 0 | (16,327) | 0 | (16,319) | 0 | $ (16,327) |
Change in unrealized gains related to equity method investments | 0 | 0 | 3,329 | 3,329 | 0 | 3,329 | 0 | 0 | 3,329 | 3,329 | 0 | 0 | 0 | 3,329 |
Repurchase of preferred stock | (1,631) | 0 | 0 | (1,631) | 0 | (1,631) | 0 | 0 | 0 | (1,631) | 0 | (1,631) | 0 | (1,631) |
Amortization of equity awards | $ 0 | $ (33,088) | 0 | (33,088) | 0 | (33,088) | $ 0 | $ 0 | 0 | 33,088 | 0 | 33,088 | 0 | 33,088 |
Balance (in shares) at Dec. 31, 2023 | 19,000 | 619,871,000 | 19,000 | 619,871,000 | ||||||||||
Balance at Dec. 31, 2023 | $ 467,396 | $ 9,054,740 | 3,329 | 9,525,465 | 127,993 | 9,653,458 | $ 19 | $ 6,199 | 3,329 | 9,525,465 | 127,993 | 9,638,494 | (122,576) | 9,653,458 |
Distributions declared to preferred unitholders | (25,021) | 0 | 0 | (25,021) | 0 | (25,021) | ||||||||
Distributions declared to common unitholders | 0 | (632,280) | 0 | (632,280) | 0 | (632,280) | ||||||||
Redeemable noncontrolling interests income | $ 0 | $ 0 | $ 0 | $ 0 | $ (5,820) | $ (5,820) | $ 0 | $ 0 | $ 0 | $ 0 | $ 5,820 | $ 0 | $ 0 | $ 5,820 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Cash flow from operating activities: | |||
Net income | $ 665,949 | $ 114,534 | $ 849,696 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Depreciation and amortization | 507,265 | 505,000 | 395,320 |
Impairment charges | 14,043 | 21,958 | 3,597 |
Straight-line rental income adjustments, net | (22,517) | (33,794) | (22,627) |
Amortization of above-market and below-market leases, net | (17,253) | (13,591) | (14,843) |
Amortization of deferred financing costs and fair value debt adjustments, net | (9,196) | (28,631) | (9,445) |
Early extinguishment of debt charges | 0 | 7,658 | 0 |
Equity award expense | 33,054 | 26,639 | 23,150 |
Gain on sale of properties | (74,976) | (15,179) | (30,841) |
(Gain)/loss on marketable securities, net | (21,262) | 315,508 | (505,163) |
(Gain)/loss on change in fair value of embedded derivative liability | (734) | 0 | 0 |
Equity in income, net | (10,709) | (17,403) | (23,172) |
Distributions from joint ventures and other investments | 75,827 | 83,553 | 91,507 |
Change in accounts and notes receivable, net | 18,453 | (9,104) | 4,548 |
Change in accounts payable and accrued expenses | 5,826 | 37,655 | (104,712) |
Change in other operating assets and liabilities, net | (19,885) | (24,208) | 46,638 |
Net cash flow provided by operating activities | 1,071,607 | 861,114 | 618,875 |
Cash flow from investing activities: | |||
Acquisition of operating real estate and other related net assets | (277,308) | (300,772) | (355,953) |
Improvements to operating real estate | (264,395) | (193,710) | (163,699) |
Acquisition of Weingarten Realty Investors, net of cash acquired of $56,451 | 0 | 0 | (263,973) |
Investment in marketable securities | (3,614) | (4,003) | 0 |
Proceeds from sale of marketable securities | 292,552 | 302,504 | 377 |
Investment in cost method investments | (1,569) | (4,524) | 0 |
Investments in and advances to real estate joint ventures | (24,494) | (87,301) | (12,571) |
Reimbursements of investments in and advances to real estate joint ventures | 13,738 | 37,571 | 47,862 |
Investments in and advances to other investments | (18,442) | (17,432) | (67,090) |
Reimbursements of investments in and advances to other investments | 282 | 30,855 | 64,068 |
Investment in mortgage and other financing receivables | (18,519) | (75,063) | (41,897) |
Collection of mortgage and other financing receivables | 133 | 60,306 | 13,776 |
Proceeds from sale of properties | 160,064 | 184,294 | 302,841 |
Principal payments from securities held-to-maturity | 4,589 | 4,058 | 0 |
Net cash flow used for investing activities | (136,983) | (63,217) | (476,259) |
Cash flow from financing activities: | |||
Principal payments on debt, excluding normal amortization of rental property debt | (49,460) | (157,928) | (229,288) |
Principal payments on rental property debt | (11,308) | (9,808) | (10,622) |
Proceeds from mortgage loan financings | 0 | 19,000 | 0 |
Financing origination costs | (12,481) | (20,326) | (8,197) |
Payment of early extinguishment of debt charges | 0 | (6,955) | 0 |
Contributions from noncontrolling interests | 13 | 891 | 0 |
Redemption/distribution of noncontrolling interests | (58,417) | (67,453) | (34,610) |
Dividends paid | (657,460) | (544,740) | (382,132) |
Proceeds from issuance of stock, net | 3,727 | 15,513 | 82,989 |
Repurchase of preferred stock | (1,491) | (3,441) | 0 |
Shares repurchased for employee tax withholding on equity awards | (16,293) | (13,679) | (20,842) |
Change in tenants' security deposits | 2,474 | 5,255 | 1,561 |
Net cash flow used for financing activities | (300,696) | (982,731) | (101,141) |
Net change in cash, cash equivalents and restricted cash | 633,928 | (184,834) | 41,475 |
Cash, cash equivalents and restricted cash, beginning of year | 149,829 | 334,663 | 293,188 |
Cash, cash equivalents and restricted cash, end of year | 783,757 | 149,829 | 334,663 |
Interest paid during the year including payment of early extinguishment of debt charges of $0, $6,955 and $0, respectively (net of capitalized interest of $2,313, $668 and $583, respectively) | 250,432 | 257,979 | 197,947 |
Income taxes paid during the year, net of refunds | 65,267 | 11,869 | 1,961 |
Senior Unsecured Notes [Member] | |||
Cash flow from financing activities: | |||
Proceeds from unsecured debt | 500,000 | 1,250,000 | 500,000 |
Repayments of unsecured notes | 0 | (1,449,060) | 0 |
Joint Ventures [Member] | |||
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Equity in income, net | (72,278) | (109,481) | (84,778) |
Other Real Estate Investments [Member] | |||
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Equity in income, net | (10,709) | (17,403) | (23,172) |
Kimco Realty OP, LLC [Member] | |||
Cash flow from operating activities: | |||
Net income | 665,949 | 114,534 | 849,696 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Depreciation and amortization | 507,265 | 505,000 | 395,320 |
Impairment charges | 14,043 | 21,958 | 3,597 |
Straight-line rental income adjustments, net | (22,517) | (33,794) | (22,627) |
Amortization of above-market and below-market leases, net | (17,253) | (13,591) | (14,843) |
Amortization of deferred financing costs and fair value debt adjustments, net | (9,196) | (28,631) | (9,445) |
Early extinguishment of debt charges | 0 | 7,658 | 0 |
Equity award expense | 33,054 | 26,639 | 23,150 |
Gain on sale of properties | (74,976) | (15,179) | (30,841) |
(Gain)/loss on marketable securities, net | (21,262) | 315,508 | (505,163) |
(Gain)/loss on change in fair value of embedded derivative liability | (734) | 0 | 0 |
Distributions from joint ventures and other investments | 75,827 | 83,553 | 91,507 |
Change in accounts and notes receivable, net | 18,453 | (9,104) | 4,548 |
Change in accounts payable and accrued expenses | 5,826 | 37,655 | (104,712) |
Change in other operating assets and liabilities, net | (19,885) | (24,208) | 46,638 |
Net cash flow provided by operating activities | 1,071,607 | 861,114 | 618,875 |
Cash flow from investing activities: | |||
Acquisition of operating real estate and other related net assets | (277,308) | (300,772) | (355,953) |
Improvements to operating real estate | (264,395) | (193,710) | (163,699) |
Acquisition of Weingarten Realty Investors, net of cash acquired of $56,451 | 0 | 0 | (263,973) |
Investment in marketable securities | (3,614) | (4,003) | 0 |
Proceeds from sale of marketable securities | 292,552 | 302,504 | 377 |
Investment in cost method investments | (1,569) | (4,524) | 0 |
Investments in and advances to real estate joint ventures | (24,494) | (87,301) | (12,571) |
Reimbursements of investments in and advances to real estate joint ventures | 13,738 | 37,571 | 47,862 |
Investments in and advances to other investments | (18,442) | (17,432) | (67,090) |
Reimbursements of investments in and advances to other investments | 282 | 30,855 | 64,068 |
Collection of mortgage and other financing receivables | 133 | 60,306 | 13,776 |
Proceeds from sale of properties | 160,064 | 184,294 | 302,841 |
Principal payments from securities held-to-maturity | 4,589 | 4,058 | 0 |
Net cash flow used for investing activities | (136,983) | (63,217) | (476,259) |
Investment in mortgage and other financing receivables | (18,519) | (75,063) | (41,897) |
Cash flow from financing activities: | |||
Principal payments on debt, excluding normal amortization of rental property debt | (49,460) | (157,928) | (229,288) |
Principal payments on rental property debt | (11,308) | (9,808) | (10,622) |
Proceeds from mortgage loan financings | 0 | 19,000 | 0 |
Financing origination costs | (12,481) | (20,326) | (8,197) |
Payment of early extinguishment of debt charges | 0 | (6,955) | 0 |
Contributions from noncontrolling interests | 13 | 891 | 0 |
Redemption/distribution of noncontrolling interests | (58,417) | (67,453) | (34,610) |
Dividends paid | (657,460) | (544,740) | (382,132) |
Proceeds from issuance of stock, net | 3,727 | 15,513 | 82,989 |
Repurchase of preferred stock | (1,491) | (3,441) | 0 |
Shares repurchased for employee tax withholding on equity awards | (16,293) | (13,679) | (20,842) |
Change in tenants' security deposits | 2,474 | 5,255 | 1,561 |
Net cash flow used for financing activities | (300,696) | (982,731) | (101,141) |
Net change in cash, cash equivalents and restricted cash | 633,928 | (184,834) | 41,475 |
Cash, cash equivalents and restricted cash, beginning of year | 149,829 | 334,663 | 293,188 |
Cash, cash equivalents and restricted cash, end of year | 783,757 | 149,829 | 334,663 |
Interest paid during the year including payment of early extinguishment of debt charges of $0, $6,955 and $0, respectively (net of capitalized interest of $2,313, $668 and $583, respectively) | 250,432 | 257,979 | 197,947 |
Income taxes paid during the year, net of refunds | 65,267 | 11,869 | 1,961 |
Kimco Realty OP, LLC [Member] | Senior Unsecured Notes [Member] | |||
Cash flow from financing activities: | |||
Proceeds from unsecured debt | 500,000 | 1,250,000 | 500,000 |
Repayments of unsecured notes | 0 | (1,449,060) | 0 |
Kimco Realty OP, LLC [Member] | Joint Ventures [Member] | |||
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Equity in income, net | (72,278) | (109,481) | (84,778) |
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member] | |||
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Equity in income, net | $ (10,709) | $ (17,403) | $ (23,172) |
Consolidated Statements of Ca_2
Consolidated Statements of Cash Flows (Parentheticals) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Acquisition of Weingarten Realty Investors, cash acquired | $ 56,451 | ||
Early extinguishment of debt charges payments | $ 0 | $ 6,955 | 0 |
Cash paid for capitalized interest | 2,313 | 668 | 583 |
Kimco Realty OP, LLC [Member] | |||
Acquisition of Weingarten Realty Investors, cash acquired | 56,451 | ||
Early extinguishment of debt charges payments | 0 | 6,955 | 0 |
Cash paid for capitalized interest | $ 2,313 | $ 668 | $ 583 |
Insider Trading Arrangements
Insider Trading Arrangements | 12 Months Ended |
Dec. 31, 2023 | |
Insider Trading Arr Line Items | |
Material Terms of Trading Arrangement [Text Block] | 9B. During the three December 31, 2023, no 10b5 1 10b5 1 408 On February 21, 2024, 3.7 10 two 7.25% |
Rule 10b5-1 Arrangement Terminated [Flag] | false |
Rule 10b5-1 Arrangement Adopted [Flag] | false |
Non-Rule 10b5-1 Arrangement Terminated [Flag] | false |
Non-Rule 10b5-1 Arrangement Adopted [Flag] | false |
Note 1 - Summary of Significant
Note 1 - Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 1. Summary of Significant Accounting Policies: Business and Organization Kimco Realty Corporation and its subsidiaries (the “Parent Company”) operates as a Real Estate Investment Trust (“REIT”), of which substantially all of the Parent Company’s assets are held by, and substantially all of the Parent Company’s operations are conducted through, Kimco Realty OP, LLC (“Kimco OP”), either directly or through its subsidiaries, as the Parent Company’s operating company. The Parent Company is the managing member and exercises exclusive control over Kimco OP. As of December 31, 2023, The Company is North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets. The Company’s portfolio is primarily concentrated in the first not The Company elected status as a REIT for federal income tax purposes commencing with its taxable year which began January 1, 1992 90% 100% January 2023, 10 not may not 24 RPT Merger On August 28, 2023, January 2, 2024, Under the terms of the Merger Agreement, each RPT common share was converted into 0.6049 of a newly issued share of the Company’s common stock, together with cash in lieu of fractional shares, and each 7.25% Series D Cumulative Convertible Perpetual Preferred Share of RPT was converted into the right to receive one one one 2023, 28 Economic Conditions The economy continues to face several issues including inflation risk, liquidity constraints, the lack of qualified employees, tenant bankruptcies and supply chain disruptions, which could impact the Company and its tenants. In response to the rising rate of inflation the Federal Reserve steadily increased interest rates and has kept them at elevated levels. The Federal Reserve may Any of these events could materially adversely impact the Company’s business, financial condition, results of operations or stock price. The Company continues to monitor economic, financial, and social conditions and will assess its asset portfolio for any impairment indicators. If the Company determines that any of its assets are impaired, the Company would be required to take impairment charges, and such amounts could be material. Basis of Presentation This report combines the annual reports on Form 10 December 31, 2023, Use of Estimates GAAP requires the Company's management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses during a reporting period. The most significant assumptions and estimates relate to the valuation of real estate and related intangible assets and liabilities, equity method investments, other investments, including the assessment of impairments, as well as, depreciable lives, revenue recognition, and the collectability of trade accounts receivable. Application of these assumptions requires the exercise of judgment as to future uncertainties, and, as a result, actual results could differ from these estimates. Subsequent Events The Company has evaluated subsequent events and transactions for potential recognition or disclosure in its consolidated financial statements (see Footnotes 18 28 Real Estate Real estate assets are stated at cost, less accumulated depreciation and amortization. The Company periodically assesses the useful lives of its depreciable real estate assets, including those expected to be redeveloped in future periods, and accounts for any revisions prospectively. Expenditures for maintenance, repairs and demolition costs are charged to operations as incurred. Significant renovations and replacements, which improve or extend the life of the asset, are capitalized. The Company evaluates each acquisition transaction to determine whether the acquired asset meets the definition of a business and therefore accounted for as a business combination or if the acquisition transaction should be accounted for as an asset acquisition. Under Business Combinations (Topic 805 not not 805 10, not 28 Transaction costs related to acquisitions that qualify as asset acquisitions are capitalized as part of the cost basis of the acquired assets, while transaction costs for acquisitions that are deemed to be acquisitions of a business are expensed as incurred. When substantially all of the fair value is not In both a business combination and an asset acquisition, the Company allocates the purchase price of acquired properties to tangible and identifiable intangible assets or liabilities based on their respective fair values. The fair value of any tangible real estate assets acquired is determined by valuing the building as if it were vacant, and the fair value is then allocated to land, buildings, and improvements based on available information including replacement cost, appraisal or using net operating income capitalization rates, discounted cash flow analysis or similar fair value models. Fair value estimates are also made using significant assumptions such as capitalization rates, discount rates, fair market lease rates, land values per square foot and other market data. Estimates of future cash flows are based on a number of factors including the historical operating results, known and anticipated trends, and market and economic conditions. Tangible assets may may In allocating the purchase price to identified intangible assets and liabilities of acquired properties, the value of above-market and below-market leases is estimated based on the present value of the difference between the contractual amounts, including fixed rate below-market lease renewal options, to be paid pursuant to the leases and management’s estimate of the market lease rates and other lease provisions (e.g., expense recapture, base rental changes) measured over a period equal to the estimated remaining term of the lease. The capitalized above-market or below-market intangible is amortized to rental income over the estimated remaining term of the respective leases, which includes the expected renewal option period for below-market leases. Mortgage debt discounts or premiums are amortized into interest expense over the remaining term of the related debt instrument. In determining the value of in-place leases, management considers current market conditions and costs to execute similar leases in arriving at an estimate of the carrying costs during the expected lease-up period from vacant to existing occupancy. In estimating carrying costs, management includes real estate taxes, insurance, other operating expenses, estimates of lost rental revenue during the expected lease-up periods and costs to execute similar leases including leasing commissions, legal and other related costs based on current market demand. The value assigned to in-place leases and tenant relationships is amortized over the estimated remaining term of the leases. If a lease were to be terminated prior to its scheduled expiration, all unamortized costs relating to that lease would be written off. The useful lives of amortizable intangible assets are evaluated each reporting period with any changes in estimated useful lives being accounted for over the revised remaining useful life. Depreciation and amortization are provided on the straight-line method over the estimated useful lives of the assets, as follows: Buildings and building improvements (in years) 5 50 Fixtures, leasehold and tenant improvements (including certain identified intangible assets) Terms of leases or useful lives, whichever is shorter The difference between the fair value and the face value of debt assumed, if any, in connection with an acquisition is recorded as a premium or discount and is amortized on a straight-line basis, which approximates the effective interest method, over the terms of the related debt agreements. The fair value of debt is estimated based upon contractual future cash flows discounted using borrowing spreads and market interest rates that would have been available for debt with similar terms and maturities. Real estate under development represents the development of open-air shopping center projects, which may no one may The Company's policy is to classify real estate assets as held-for-sale if the (i) asset is under contract, (ii) the buyer’s deposit is non-refundable, (iii) due diligence has expired and (iv) management believes it is probable that the disposition will occur within one On a continuous basis, management assesses whether there are any indicators, including property operating performance, changes in anticipated holding period and general market conditions, that the value of the real estate properties (including any related amortizable intangible assets or liabilities) may third not third Investments in Unconsolidated Joint Ventures The Company accounts for its investments in unconsolidated joint ventures under the equity method of accounting as the Company exercises significant influence, but does not The Company’s joint ventures primarily consist of co-investments with institutional and other joint venture partners in open-air shopping center or mixed-use properties, consistent with its core business. These joint ventures typically obtain non-recourse third December 31, 2023, not To recognize the character of distributions from equity investees within its Consolidated Statements of Cash Flows, all distributions received are presumed to be returns on investment and classified as cash inflows from operating activities unless the Company’s cumulative distributions received less distributions received in prior periods that were determined to be returns of investment exceed its cumulative equity in earnings recognized by the investor (as adjusted for amortization of basis differences). When such an excess occurs, the current-period distribution up to this excess is considered a return of investment and classified as cash inflows from investing. In a business combination, the fair value of the Company’s investment in an unconsolidated joint venture is calculated using the fair value of the real estate held by the joint venture, which are valued using similar methods as described in the Company’s Real Estate policy above, offset by the fair value of the debt on the property which is then multiplied by the Company’s equity ownership percentage. On a continuous basis, management assesses whether there are any indicators, including the underlying investment property operating performance and general market conditions, that the value of the Company’s investments in unconsolidated joint ventures may Other Investments Other investments primarily consist of preferred equity investments for which the Company provides capital to owners and developers of real estate. The Company typically accounts for its preferred equity investments on the equity method of accounting, whereby earnings for each investment are recognized in accordance with each respective investment agreement and based upon an allocation of the investment’s net assets at book value as if the investment was hypothetically liquidated at the end of each reporting period. On a continuous basis, management assesses whether there are any indicators, including the underlying investment property operating performance and general market conditions, that the value of the Company’s Other investments may The Company’s estimated fair values are based upon a discounted cash flow model for each investment that includes all estimated cash inflows and outflows over a specified holding period and, where applicable, any estimated debt premiums. Capitalization rates, discount rates and credit spreads utilized in these models are based upon rates that the Company believes to be within a reasonable range of current market rates. Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents include demand deposits in banks, commercial paper and certificates of deposit with original maturities of three may, Restricted cash is deposits held or restricted for a specific use. The Company had restricted cash totaling $3.2 million and $2.9 million at December 31, 2023 2022, Marketable Securities The Company classifies its marketable equity securities as available-for-sale in accordance with the FASB’s Investments-Debt and Equity Securities guidance. In accordance with ASC Topic 825 Financial Instruments: Other Assets Mortgage and Other Financing Receivables Mortgages and other financing receivables consist of loans acquired and loans originated by the Company, which are included within Other assets on the Company’s Consolidated Balance Sheets. Borrowers of these loans are primarily experienced owners, operators or developers of commercial real estate. The Company’s loans are primarily mortgage loans that are collateralized by real estate. Mortgages and other financing receivables are recorded at stated principal amounts, net of any discount or premium or deferred loan origination costs or fees. The related discounts or premiums on mortgages and other loans purchased are amortized or accreted over the life of the related loan receivable. The Company applies Accounting Standards Update (“ASU”) 2016 13 Financial Instruments Credit Losses (Topic 326 On a quarterly basis, the Company reviews credit quality indicators such as (i) payment status to identify performing versus non-performing loans, (ii) changes affecting the underlying real estate collateral and (iii) national and regional economic factors. The Company has determined that it has one not Interest income on performing loans is accrued as earned. Accrued interest receivable is included in Accounts and notes receivable, net on the Company’s Consolidated Balance Sheets. A non-performing loan is placed on non-accrual status when it is probable that the borrower may 90 Tax Increment Revenue Bonds Other assets include Series B tax increment revenue bonds issued by the Sheridan Redevelopment Agency in connection with the development of a project in Sheridan, Colorado, which mature on December 15, 2039. The held to maturity bonds are evaluated for credit losses based on discounted estimated future cash flows. Any future receipts in excess of the amortized basis will be recognized as revenue when received. The credit risk associated with the amortized value of these bonds is deemed as low risk as the bonds are earmarked for repayments from a government entity which are funded through sales and property taxes. Deferred Leasing Costs Initial direct leasing costs include commissions paid to third Internal employee compensation, payroll-related benefits and certain external legal fees are considered indirect costs associated with the execution of lease agreements. These indirect leasing costs are expensed in accordance with ASU 2016 02, Leases (Topic 842 2016 02” Software Development Costs Expenditures for major software purchases and software developed for internal use are capitalized and amortized on a straight-line basis generally over a period of three ten Deferred Financing Costs Costs incurred in obtaining long-term financing, included in Notes payable, net and Mortgages payable, net in the accompanying Consolidated Balance Sheets, are amortized on a straight-line basis, which approximates the effective interest method, over the terms of the related debt agreements, as applicable. Revenue, Trade Accounts Receivable and Gain Recognition The Company determines the proper amount of revenue to be recognized in accordance with ASU 2014 09, Revenue from Contracts with Customers (Topic 606 606” December 31, 2023 2022, no The Company’s primary sources of revenues are derived from lease agreements which fall under the scope of ASU 2016 02, Leases (Topic 842 842” 606, 606 Revenues from rental properties, net Revenues from rental properties, net are comprised of minimum base rent, percentage rent, lease termination fee income, amortization of above-market and below-market rent adjustments and straight-line rent adjustments. The Company accounts for lease and non-lease components as combined components under Topic 842. Base rental revenues from rental properties are recognized on a straight-line basis over the terms of the related leases. Certain of these leases also provide for percentage rents based upon the level of sales achieved by the lessee. These percentage rents are recognized once the required sales level is achieved. Rental income may Also included in Revenues from rental properties, net are ancillary income and TIF income. Ancillary income is derived through various agreements relating to parking lots, clothing bins, temporary storage, vending machines, ATMs, trash bins and trash collections, seasonal leases, etc. The majority of the revenue derived from these sources is through lease agreements/arrangements and is recognized in accordance with the lease terms described in the lease. The Company has TIF agreements with certain municipalities and receives payments in accordance with the agreements. TIF reimbursement income is recognized on a cash basis when received. Management and other fee income Property management fees, property acquisition and disposition fees, construction management fees, leasing fees and asset management fees all fall within the scope of Topic 606. third Leasing fee income is recognized as a single performance obligation primarily upon the rent commencement date. The Company believes the leasing services it provides are similar for each available space leased and none Property acquisition and disposition fees are recognized when the Company satisfies a performance obligation upon acquiring control of a property or transferring control of a property. These fees are billed subsequent to the acquisition or sale of the property and payment is due upon receipt. Construction management fees are recognized as a single performance obligation (managing the construction of the project) composed of a series of distinct services. The Company believes that the overall service of construction management is substantially the same each day and has the same pattern of performance over the term of the agreement. As a result, each day of service represents a performance obligation satisfied at that point in time. These fees are based on the amount spent on the construction at the end of each period for services performed during that period, primarily billed to the customer monthly with payment due upon receipt. Trade Accounts Receivable The Company reviews its trade accounts receivable, related to base rents, straight-line rent, expense reimbursements and other revenues for collectability. The Company evaluates the probability of the collection of the lessee’s total accounts receivable, including the corresponding straight-line rent receivable balance on a lease-by-lease basis. The Company’s analysis of its accounts receivable includes (i) customer credit worthiness, (ii) assessment of risk associated with the tenant, and (iii) current economic trends. In addition, tenants in bankruptcy are analyzed and considerations are made in connection with the expected recovery of pre-petition and post-petition bankruptcy claims. If a lessee’s accounts receivable balance is considered uncollectible, the Company will write-off the uncollectible receivable balances associated with the lease and will only recognize lease income on a cash basis. The Company includes provision for doubtful accounts in Revenues from rental properties, net, in accordance with Topic 842. 842, 450 Contingencies not may Gains/losses on sale of properties Gains and losses from the sale and/or transfer of nonfinancial assets, such as real estate property, are to be recognized when control of the asset transfers to the buyer, which will occur when the buyer has the ability to direct the use of or obtain substantially all of the remaining benefits from the asset. This generally occurs when the transaction closes and consideration is exchanged for control of the property. Lessee Leases The Company accounts for its leases in accordance with Topic 842. ROU assets and lease liabilities are recognized at the commencement date of the lease and liabilities are determined based on the estimated present value of the Company’s minimum lease payments under its lease agreements. Variable lease payments are excluded from the lease liabilities and corresponding ROU assets, as they are recognized in the period in which the obligation for those payments is incurred. Certain of the Company’s leases have renewal options for which the Company assesses whether it is reasonably certain the Company will exercise these renewal options. Lease payments associated with renewal options that the Company is reasonably certain will be exercised are included in the measurement of the lease liabilities and corresponding ROU assets. The discount rate used to determine the lease liabilities is based on the estimated incremental borrowing rate on a lease-by-lease basis. When calculating the incremental borrowing rates, the Company utilized data from (i) its recent debt issuances, (ii) publicly available data for instruments with similar characteristics, (iii) observable mortgage rates and (iv) unlevered property yields and discount rates. The Company then applied adjustments to account for considerations related to term and security that may not 10 Income Taxes The Company elected to qualify as a REIT for federal income tax purposes commencing with its taxable year January 1, 1992 not 856 860 100% The Company maintains certain subsidiaries which made joint elections with the Company to be treated as taxable REIT subsidiaries (“TRSs”), which permit the Company to engage through such TRSs in certain business activities that the REIT may not may Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The Company provides a valuation allowance for deferred tax assets for which it does not not. The Company reviews the need to establish a valuation allowance against deferred tax assets on a quarterly basis. The review includes an analysis of various factors, such as future reversals of existing taxable temporary differences, the capacity for the carryback or carryforward of any losses, the expected occurrence of future income or loss and available tax planning strategies. The Company applies the FASB’s guidance relating to uncertainty in income taxes recognized in a Company’s financial statements. Under this guidance the Company may not fifty Noncontrolling Interests The Company accounts for noncontrolling interests in accordance with the Consolidation guidance and the Distinguishing Liabilities from Equity guidance issued by the FASB. Noncontrolling interests represent the portion of equity that the Company does not Noncontrolling interests also include amounts related to partnership units issued by consolidated subsidiaries of the Company in connection with certain property acquisitions. These units have a stated redemption value or a defined redemption amount based upon the trading price of the Company’s common stock and provides the unit holders various rates of return during the holding period. The unit holders generally have the right to redeem their units for cash at any time after one The Company evaluates the terms of the partnership units issued in accordance with the FASB’s Distinguishing Liabilities from Equity guidance. Convertible units for which the Company has the option to settle redemption amounts in cash or common stock are included in the caption Noncontrolling interests within the equity section on the Company’s Consolidated Balance Sheets. Units which embody a conditional obligation requiring the Company to redeem the units for cash after a specified or determinable date (or dates) or upon the occurrence of an event that is not In a business combination, the fair value of the noncontrolling interest in a consolidated joint venture is calculated using the fair value of the real estate held by the joint venture, which are valued using similar methods as described in the Company’s Real Estate policy above, offset by the fair value of the debt on the property which is then multiplied by the partners’ noncontrolling share. Contingently redeemable noncontrolling interests are recorded at fair value upon issuance. Any change in the fair value or redemption value of these noncontrolling interests is subsequently recognized through Paid-in capital on the Company’s Consolidated Balance Sheets and is included in the Company’s computation of earnings per share (see Footnote 27 Stock Compensation In May 2020, 2020 “2020 2010 March 2020. 2020 fourth fifth four five ten fifth one three may 2020 The Company accounts for equity awards in accordance with the FASB’s Stock Compensation guidance which requires that all share-based payments to employees be recognized in the Statements of Income over the service period based on their fair values. Fair value of performance awards is determined using the Monte Carlo method, which is intended to estimate the fair value of the awards at the grant date (see Footnote 22 Reclassifications Certain amounts in the prior period have been reclassified in order to conform to the current period’s presentation. For comparative purposes, for the year ended December 31, 2021, 2021 Operating activities: Straight-line rental income adjustments, net $ (22.6 ) Amortization of above-market and below-market leases, net $ (14.8 ) Amortization of deferred financing costs and fair value debt adjustments, net $ (9.4 ) Change in accounts and notes receivable, net $ 22.6 Change in other operating assets and liabilities, net $ 24.2 New Accounting Pronouncements The following table represents ASUs to the FASB’s ASCs that, as of December 31, 2023, not not ASU Description Effective Date Effect on the financial statements or other significant matters ASU 2022 03, 820 This ASU clarifies the guidance in Topic 820, 820. January 1, 2024; The Company does not ASU 2023 05, 805 60 The amendments in this ASU address the accounting for contributions made to a joint venture, upon formation, in a joint venture’s separate financial statements. To reduce diversity in practice and provide decision-useful information to a joint venture’s investors, these amendments require that a joint venture apply a new basis of accounting upon formation. By applying a new basis of accounting, a joint venture, upon formation, will recognize and initially measure its assets and liabilities at fair value (with exceptions to fair value measurement that are consistent with the business combinations guidance). Additionally, existing joint ventures have the option to apply the guidance retrospectively. January 1, 2025; This ASU does not not ASU 2023 07, 280 The amendments in this ASU improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. In addition, the amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities with a single reportable segment, and contain other disclosure requirements. Fiscal years beginning January 1, 2024, January 1, 2025; There are aspects of this ASU that apply to entities with one not ASU 2023 09, 740 This ASU requires entities to provide additional information in the rate reconciliation and additional disclosures about income taxes paid. The guidance requires public business entities to disclose in their rate reconciliation table additional categories of information about federal, state and foreign income taxes and to provide more details about the reconciling items in some categories if the items meet a quantitative threshold. The guidance requires all entities to disclose annually income taxes paid (net of refunds received) disaggregated by federal (national), state and foreign taxes and to disaggregate the information by jurisdiction based on a quantitative threshold. Fiscal years beginning January 1, 2025, January 1, 2026; The Company will review the extent of new disclosures necessary prior to implementation. Other than additional disclosure, the adoption of this ASU is not The following ASUs to the FASB’s ASCs has been adopted by the Company as of the date listed: ASU Description Adoption Date Effect on the financial statements or other significant matters ASU 2021 08, 805 The amendments in this ASU require acquiring entities to apply Topic 606 805. January 1, 2023 The adoption of this ASU did not |
Note 2 - Real Estate
Note 2 - Real Estate | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Real Estate Disclosure [Text Block] | 2. Real Estate: The Company’s components of Real estate, net consist of the following (in thousands): December 31, 2023 2022 Land: Developed land $ 4,166,475 $ 4,102,542 Undeveloped land 5,458 16,328 Land held for development 5,864 5,672 Total land 4,177,797 4,124,542 Buildings and improvements: Buildings 10,312,001 10,158,588 Building improvements 2,213,248 2,080,437 Tenant improvements 1,158,919 1,046,969 Fixtures and leasehold improvements 41,055 36,627 Above-market leases 170,513 170,211 In-place leases 864,261 839,868 Total buildings and improvements 14,759,997 14,332,700 Real estate 18,937,794 18,457,242 Accumulated depreciation and amortization (1) (3,842,869 ) (3,417,414 ) Total real estate, net $ 15,094,925 $ 15,039,828 ( 1 The Company had accumulated amortization relating to in-place leases and above-market leases aggregating $751,215 at December 31, 2023 December 31, 2022. In addition, at December 31, 2023 2022, The Company’s amortization associated with above-market and below-market leases for the years ended December 31, 2023, 2022 2021 December 31, 2023, 2022 2021 The estimated net amortization income/(expense) associated with the Company’s above-market and below-market leases and in-place leases for the next five 2024 2025 2026 2027 2028 Above-market and below-market leases amortization, net $ 13.2 $ 13.8 $ 14.7 $ 14.3 $ 14.0 In-place leases amortization $ (65.5 ) $ (47.5 ) $ (35.2 ) $ (27.5 ) $ (20.3 ) |
Note 3 - Property Acquisitions
Note 3 - Property Acquisitions | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Business Combination Disclosure [Text Block] | 3. Property Acquisitions: Acquisition/Consolidation of Operating Properties During the year ended December 31, 2023, Purchase Price Property Name Location Month Acquired Cash Debt Other Total GLA Portfolio (2 properties) (1) Various Jan-23 $ 69,130 $ 19,637 $ 13,019 $ 101,786 342 Crossroads Plaza Parcel Cary, NC Jan-23 2,173 - - 2,173 5 Northridge Shopping Center Parcel Arvada, CO Jan-23 728 - - 728 57 Stafford Marketplace Parcel (2) Stafford, VA Feb-23 - - 12,527 12,527 87 Tustin Heights (1) Tustin, CA Mar-23 26,501 17,550 4,910 48,961 137 Marlton Plaza Parcel Cherry Hill, NJ Jul-23 529 - - 529 - Stonebridge at Potomac Town Center Woodbridge, VA Aug-23 169,840 - 1,667 171,507 504 Big 5 Factoria Parcel Bellevue, WA Oct-23 7,817 - - 7,817 13 $ 276,718 $ 37,187 $ 32,123 $ 346,028 1,145 ( 1 Other includes the Company’s previously held equity investments in the Prudential Investment Program and net gains on change in control. The Company evaluated these transactions pursuant to the FASB’s Consolidation guidance and as a result, recognized gains on change in control of interest of $7.7 million, in aggregate, resulting from the fair value adjustments associated with the Company’s previously held equity interests, which are included in Equity in income of joint ventures, net on the Company’s Consolidated Statements of Operations. The Company previously held an ownership interest of 15.0% in these property interests. See Footnote 6 ( 2 During March 2023, During the year ended December 31, 2022, Month Purchase Price Property Name Location Acquired Cash Debt Other Total GLA Rancho San Marcos Parcel San Marcos, CA Jan-22 $ 2,407 $ - $ - $ 2,407 6 Columbia Crossing Parcel Columbia, MD Feb-22 16,239 - - 16,239 60 Oak Forest Parcel Houston, TX Jun-22 3,846 - - 3,846 4 Devon Village (1) Devon, PA Jun-22 733 - - 733 - Fishtown Crossing Philadelphia, PA Jul-22 39,291 - - 39,291 133 Carman’s Plaza Massapequa, NY Jul-22 51,423 - - 51,423 195 Pike Center (1) Rockville, MD Jul-22 21,850 - - 21,850 - Baybrook Gateway (1) Webster, TX Oct-22 2,978 - - 2,978 - Portfolio (8 Properties) (2) Long Island, NY Nov-22 152,078 88,792 135,663 376,533 536 Gordon Plaza (1) Woodbridge, VA Nov-22 5,573 - - 5,573 - The Gardens at Great Neck (1) Great Neck, NY Dec-22 4,019 - - 4,019 - $ 300,437 $ 88,792 $ 135,663 $ 524,892 934 ( 1 Land parcel ( 2 Other consists of redeemable noncontrolling interest of $79.7 million and an embedded derivative liability associated with put and call options of $56.0 million. See Footnotes 14 15 Included in the Company’s Consolidated Statements of Income are $20.5 million and $9.1 million in total revenues from the date of acquisition through December 31, 2023 2022, Purchase Price Allocations The purchase price for these acquisitions is allocated to real estate and related intangible assets acquired and liabilities assumed, as applicable, in accordance with our accounting policies for asset acquisitions. The purchase price allocations for properties acquired/consolidated during the years ended December 31, 2023 2022, Allocation as of December 31, 2023 Weighted- Average Useful Life (in Years) Allocation as of December 31, 2022 Weighted- Average Useful Life (in Years) Land $ 109,116 n/a $ 207,067 n/a Buildings 166,067 50.0 271,525 50.0 Building improvements 23,846 45.0 13,273 45.0 Tenant improvements 22,675 6.3 11,689 7.9 Solar panels - - 2,308 20.0 In-place leases 47,805 5.2 28,405 6.9 Above-market leases 4,981 6.7 8,408 8.3 Below-market leases (29,271 ) 23.7 (24,069 ) 16.1 Mortgage fair value adjustment - - 9,430 6.5 Other assets 1,777 n/a - n/a Other liabilities (968 ) n/a (3,144 ) n/a Net assets acquired/consolidated $ 346,028 $ 524,892 |
Note 4 - Dispositions of Real E
Note 4 - Dispositions of Real Estate | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Mergers, Acquisitions and Dispositions Disclosures [Text Block] | 4. Dispositions of Real Estate The table below summarizes the Company’s disposition activity relating to operating properties and parcels, in separate transactions (dollars in millions): Year Ended December 31, 2023 2022 2021 Aggregate sales price/gross fair value (1) (2) (3) $ 214.2 $ 191.1 $ 612.4 Gain on sale of properties (3) (4) $ 75.0 $ 15.2 $ 30.8 Number of operating properties sold/deconsolidated (1) (3) 6 9 13 Number of parcels sold 13 13 10 ( 1 During 2023, no 7 ( 2 During 2023, 11 ( 3 During 2021, no six ( 4 For the years ended December 31, 2023, 2022 2021 |
Note 5 - Impairments
Note 5 - Impairments | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Asset Impairment Charges [Text Block] | 5. Impairments Management assesses on a continuous basis whether there are any indicators, including property operating performance, changes in anticipated holding period, general market conditions and delays of or change in plans for development, that the value of the Company’s assets (including any related amortizable intangible assets or liabilities) may The Company has a capital recycling program which provides for the disposition of certain properties, typically of lesser quality assets in less desirable locations. The Company adjusted the anticipated hold period for these properties and as a result the Company recognized impairment charges on certain operating properties (see Footnote 17 The Company’s efforts to market certain assets and management’s assessment as to the likelihood and timing of such potential transactions and/or the property hold period resulted in the Company recognizing impairment charges for the years ended December 31, 2023, 2022 2021 2023 2022 2021 Properties marketed for sale (1) (2) $ 14.0 $ 21.6 $ 2.7 Other impairments - 0.4 0.9 Total impairment charges $ 14.0 $ 22.0 $ 3.6 ( 1 Amounts relate to adjustments to property carrying values for properties which the Company has marketed for sale and as such has adjusted the anticipated hold periods for such properties. The Company’s estimated fair values of these assets were primarily based upon estimated sales prices from signed contracts or letters of intent from third ( 2 During 2022, five The Company also recognized its share of impairment charges related to certain properties within various unconsolidated joint ventures in which the Company holds noncontrolling interests. The Company’s share of these impairment charges were $1.0 million, $4.6 million and $2.9 million for the years ended December 31, 2023, 2022 2021, 6 |
Note 6 - Investment In and Adva
Note 6 - Investment In and Advances to Real Estate Joint Ventures | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Investments and Advances In Real Estate Joint Ventures [Text Block] | 6. Investment in and Advances to Real Estate Joint Ventures The Company has investments in and advances to various real estate joint ventures. These joint ventures are engaged primarily in the operation of shopping centers which are either owned or held under long-term operating leases. The Company and the joint venture partners have joint approval rights for major decisions, including those regarding property operations. As such, the Company holds noncontrolling interests in these joint ventures and accounts for them under the equity method of accounting. The Company manages certain of these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees. The table below presents unconsolidated joint venture investments for which the Company held an ownership interest at December 31, 2023 2022 Noncontrolling The Company's Investment Ownership Interest December 31, Joint Venture December 31, 2023 2023 2022 Prudential Investment Program 15.0 % $ 138.7 $ 153.6 Kimco Income Opportunity Portfolio (“KIR”) (1) 52.1 % 286.3 281.5 Canada Pension Plan Investment Board (“CPP”) 55.0 % 204.6 190.8 Other Institutional Joint Ventures Various 247.5 256.8 Other Joint Venture Programs Various 210.7 208.9 Total* $ 1,087.8 $ 1,091.6 * Representing 104 property interests and 21.1 million square feet of GLA, as of December 31, 2023, December 31, 2022. ( 1 During 2022, no The table below presents the Company’s share of net income for the above investments, which is included in Equity in income of joint ventures, net on the Company’s Consolidated Statements of Income (in millions): Year Ended December 31, 2023 2022 2021 Prudential Investment Program (1) $ 16.4 $ 9.6 $ 17.5 KIR 34.7 70.3 36.9 CPP 8.7 10.6 9.2 Other Institutional Joint Ventures 2.6 7.0 1.7 Other Joint Venture Programs 9.9 12.0 19.5 Total $ 72.3 $ 109.5 $ 84.8 ( 1 During 2022, During 2023, three 3 In addition, during 2023, December 31, 2023. During 2022, two December 31, 2022. The table below presents debt balances within the Company’s unconsolidated joint venture investments for which the Company held noncontrolling ownership interests at December 31, 2023 2022 December 31, 2023 December 31, 2022 Joint Venture Mortgages and Notes Payable, Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* Mortgages and Notes Payable, Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* Prudential Investment Program $ 291.6 6.00 % 24.6 $ 380.1 5.20 % 33.1 KIR 273.4 5.82 % 39.2 297.9 5.46 % 47.2 CPP 81.9 5.12 % 31.0 83.1 6.14 % 43.0 Other Institutional Joint Ventures 234.1 5.76 % 35.7 233.5 4.30 % 47.7 Other Joint Venture Programs 367.9 4.44 % 59.6 388.8 4.10 % 71.8 Total $ 1,248.9 $ 1,383.4 * Average remaining term includes extensions Unconsolidated Significant Subsidiaries The Company holds a 52.1% noncontrolling limited partnership interest in KIR, which the Company determined under Rule 4 08 X December 31, 2022 December 31, 2023 2022 Assets: Real estate, net $ 669.2 $ 668.7 Other assets, net 67.5 72.4 Total Assets $ 736.7 $ 741.1 Liabilities and Members’ Capital: Notes payable, net $ 273.4 $ 272.9 Mortgages payable, net - 25.0 Other liabilities 15.9 13.9 Accumulated other comprehensive income 0.6 - Members’ capital 446.8 429.3 Total Liabilities and Members’ Capital $ 736.7 $ 741.1 Year Ended December 31, 2023 2022 2021 Revenues, net $ 174.1 $ 182.5 $ 186.6 Operating expenses (46.7 ) (48.2 ) (51.3 ) Depreciation and amortization (38.5 ) (39.4 ) (40.3 ) Gain on sale of properties - 76.2 - Interest expense (16.8 ) (15.5 ) (18.1 ) Other expense, net (0.6 ) (1.2 ) (2.1 ) Net income $ 71.5 $ 154.4 $ 74.8 Summarized financial information for the Company’s investment in and advances to all other real estate joint ventures is as follows (in millions): December 31, 2023 2022 Assets: Real estate, net $ 3,156.2 $ 3,440.1 Other assets, net 251.6 208.4 Total Assets $ 3,407.8 $ 3,648.5 Liabilities and Members’ Capital: Notes payable, net $ 159.9 $ 159.5 Mortgages payable, net 815.6 925.9 Other liabilities 70.9 78.8 Accumulated other comprehensive income 5.1 6.3 Noncontrolling interests 34.4 33.5 Members’ capital 2,321.9 2,444.5 Total Liabilities and Members’ Capital $ 3,407.8 $ 3,648.5 Year Ended December 31, 2023 2022 2021 Revenues, net $ 378.4 $ 395.2 $ 340.3 Operating expenses (126.6 ) (126.9 ) (111.7 ) Impairment charges (17.8 ) (21.1 ) (23.5 ) Depreciation and amortization (108.2 ) (119.0 ) (97.2 ) Gain on sale of properties 48.0 24.7 61.5 Interest expense (55.4 ) (38.6 ) (27.6 ) Other expense, net (6.4 ) (6.2 ) (0.9 ) Net income $ 112.0 $ 108.1 $ 140.9 Other liabilities included in the Company’s accompanying Consolidated Balance Sheets include investments in certain real estate joint ventures totaling $5.1 million and $5.3 million at December 31, 2023 2022, may The Company’s maximum exposure to losses associated with its unconsolidated joint ventures is primarily limited to its carrying value in these investments. Generally, such investments contain operating properties and the Company has determined these entities do not December 31, 2023 2022, |
Note 7 - Other Investments
Note 7 - Other Investments | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Other Real Estate Investments and Other Assets [Text Block] | 7. Other Investments The Company has provided capital to owners and developers of real estate properties through its Preferred Equity program, which is included in Other investments on the Company’s Consolidated Balance Sheets. In addition, the Company has invested capital in structured investments which are primarily accounted for on the equity method of accounting. As of December 31, 2023, December 31, 2022, 2023 2022, During 2023, no December 31, 2023, As of December 31, 2023, one December 31, 2023). |
Note 8 - Marketable Securities
Note 8 - Marketable Securities | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | 8. Marketable Securities The amortized cost and unrealized gains, net of marketable securities as of December 31, 2023 2022, December 31, 2023 2022 Marketable securities: Amortized cost $ 40,110 $ 87,411 Unrealized gains, net 289,947 510,321 Total fair value $ 330,057 $ 597,732 The Company’s gains/(losses) on marketable securities and dividend income for the years ended December 31, 2023, 2022 2021, Year Ended December 31, 2023 2022 2021 Gain/(loss) on marketable securities, net $ 21,262 $ (315,508 ) $ 505,163 Dividend income (included in Other income, net and Special dividend income) 202,749 18,002 16,958 The portion of unrealized gains/(losses) on marketable securities for the period that relates to marketable securities still held at the reporting date (in thousands): Year Ended December 31, 2023 2022 2021 Gain/(loss) on marketable securities, net $ 21,262 $ (315,508 ) $ 505,163 Less: Net gain/(loss) recognized related to marketable securities sold 10,614 (15,120 ) - Unrealized gain/(loss) related to marketable securities still held $ 31,876 $ (330,628 ) $ 505,163 Albertsons Companies, Inc. ( ACI ) During 2023, December 21, 2023, December 7, 2023. In addition, during 2023, December 31, 2023, 28 During 2022, |
Note 9 - Accounts and Notes Rec
Note 9 - Accounts and Notes Receivable | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Financing Receivables [Text Block] | 9. Accounts and Notes Receivable The components of Accounts and notes receivable, net of potentially uncollectible amounts as of December 31, 2023 2022, December 31, 2023 2022 Billed tenant receivables $ 30,444 $ 33,801 Unbilled common area maintenance, insurance and tax reimbursements 55,499 56,001 Deferred rent receivables 578 1,905 Defined benefit plan receivable (1) - 14,421 Other receivables 9,508 8,361 Straight-line rent receivables 211,588 189,737 Total accounts and notes receivable, net $ 307,617 $ 304,226 ( 1 See Footnote 23 |
Note 10 - Leases
Note 10 - Leases | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Lessee, Operating Leases [Text Block] | 10. Leases Lessor Leases The Company’s primary source of revenues is derived from lease agreements, which includes rental income and expense reimbursement. The Company’s lease income is comprised of minimum base rent, expense reimbursements, percentage rent, lease termination fee income, ancillary income, amortization of above-market and below-market rent adjustments and straight-line rent adjustments. The disaggregation of the Company’s lease income, which is included in Revenue from rental properties, net on the Company’s Consolidated Statements of Income, as either fixed or variable lease income based on the criteria specified in ASC 842, December 31, 2023, 2022 2021, Year Ended December 31, 2023 2022 2021 Lease income: Fixed lease income (1) $ 1,409,609 $ 1,353,024 $ 1,045,888 Variable lease income (2) 354,093 339,722 264,040 Above-market and below-market leases amortization, net 17,253 13,591 14,843 Adjustments for potentially uncollectible revenues and disputed amounts (3) (13,898 ) 4,511 24,931 Total lease income $ 1,767,057 $ 1,710,848 $ 1,349,702 ( 1 Includes minimum base rents, expense reimbursements, ancillary income and straight-line rent adjustments. ( 2 Includes minimum base rents, expense reimbursements, percentage rent, lease termination fee income and ancillary income. ( 3 The amounts represent adjustments associated with potentially uncollectible revenues and disputed amounts. Base rental revenues and fixed-rate expense reimbursements from rental properties are recognized on a straight-line basis over the terms of the related leases. The difference between the amount of rental income contracted through leases and rental income recognized on a straight-line basis for the years ended December 31, 2023, 2022 2021 The Company is primarily engaged in the operation of shopping centers that are either owned or held under long-term leases that expire at various dates through 2121. five three December 31, 2023, 2022 2021. The minimum revenues expected to be received by the Company from rental properties under the terms of all non-cancelable tenant leases for future years, assuming no 2024 2025 2026 2027 2028 Thereafter Minimum revenues $ 1,351.0 $ 1,258.7 $ 1,111.4 $ 938.5 $ 741.7 $ 3,224.1 Lessee Leases The Company currently leases real estate space under non-cancelable operating lease agreements for ground leases and administrative office leases. The Company’s operating leases have remaining lease terms ranging from less than one The Company also has two The weighted-average remaining non-cancelable lease term and weighted-average discount rates for the Company’s operating and finance leases as of December 31, 2023 Operating Leases Finance Leases Weighted-average remaining lease term (in years) 24.0 1.0 Weighted-average discount rate 6.65 % 6.00 % The components of the Company’s lease expense, which are included in interest expense, rent expense and general and administrative expense on the Company’s Consolidated Statements of Income for the years ended December 31, 2023, 2022 2021, Year Ended December 31, 2023 2022 2021 Lease cost: Finance lease cost $ 1,261 $ 1,294 $ 569 Operating lease cost 14,736 12,994 11,637 Variable lease cost 2,241 4,143 3,972 Total lease cost $ 18,238 $ 18,431 $ 16,178 The table below reconciles the undiscounted cash flows for each of the first five Year Ending December 31, Operating Leases Financing Leases (1) 2024 $ 11,806 $ 25,890 2025 11,291 - 2026 10,626 - 2027 10,342 - 2028 10,366 - Thereafter 178,334 - Total minimum lease payments $ 232,765 $ 25,890 Less imputed interest (122,780 ) (1,458 ) Total lease liabilities (1) $ 109,985 $ 24,432 ( 1 Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company’s Consolidated Balance Sheets. |
Note 11 - Other Assets
Note 11 - Other Assets | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Other Assets Disclosure [Text Block] | 11. Other Assets Assets Held-For-Sale At December 31, 2022, three 2023. Mortgages and Other Financing Receivables The Company has various mortgages and other financing receivables which consist of loans acquired and loans originated by the Company. For a complete listing of the Company’s mortgages and other financing receivables at December 31, 2023, 10 During the years ended December 31, 2023 2022, Date Issued Face Amount Interest Rate Maturity Date Nov-23 $ 7.3 10.50% Nov-26 Mar-23 $ 25.0 8.00% Apr-24 Feb-23 $ 11.2 14.00% Dec-24 Jul-22 $ 22.0 10.00% Feb-24 Jun-22 $ 16.5 9.00% Jun-25 Jun-22 $ 19.6 10.00% Jun-29 May-22 $ 14.0 8.00% May-29 Jan-22 $ 3.0 8.00% Jul-22 During the year ended December 31, 2022, three July 2022 September 2027. Software Development Costs As of December 31, 2023 2022, December 31, 2023, 2022 2021, |
Note 12 - Notes Payable
Note 12 - Notes Payable | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 12. Notes Payable As of December 31, 2023 2022 Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2023 2022 2023 2022 December 31, 2023 Senior unsecured notes $ 7,303.0 $ 6,803.0 1.90% - 6.88 % 1.90% - 6.88 % Jan-2024 – Oct-2049 Credit facility (1) - - n/a n/a Mar-2027 Fair value debt adjustments, net 24.9 44.4 n/a n/a n/a Deferred financing costs, net (2) (65.0 ) (66.4 ) n/a n/a n/a $ 7,262.9 $ 6,781.0 3.66%* 3.45%* * Weighted-average interest rate ( 1 Accrues interest at a rate of Adjusted Term Secured Overnight Financing Rate (“Adjusted Term SOFR”), as defined, plus 0.755% as of December 31, 2023 2022. ( 2 As of December 31, 2023 2022, During the years ended December 31, 2023 2022, Date Issued Amount Issued Interest Rate Maturity Date Oct-23 $ 500.0 6.400% Mar-34 Aug-22 $ 650.0 4.600% Feb-33 Feb-22 $ 600.0 3.200% Apr-32 During the year ended December 31, 2022, Date Paid Amount Repaid Interest Rate Maturity Date Sep-22 (1) $ 299.7 3.500% Apr-23 Sep-22 (1) (2) $ 350.0 3.125% Jun-23 Sep-22 (1) (2) $ 299.4 3.375% Oct-22 Mar-22 (3) $ 500.0 3.400% Nov-22 ( 1 There was no prepayment charge associated with this early repayment. ( 2 Includes partial repayments during May June 2022. ( 3 The Company incurred a prepayment charge of $6.5 million and $0.7 million in write-off of deferred financing costs resulting from this early repayment, which are included in Early extinguishment of debt charges on the Company’s Consolidated Statements of Income. See Footnote 28 The scheduled maturities of all notes payable, excluding unamortized fair value debt adjustments of $24.9 million and unamortized debt issuance costs of $65.0 million, as of December 31, 2023, 2024 2025 2026 2027 2028 Thereafter Total Principal payments $ 646.2 $ 740.5 $ 773.0 $ 433.7 $ 409.6 $ 4,300.0 $ 7,303.0 The Company’s supplemental indentures governing its Senior Unsecured Notes contain covenants whereby the Company is subject to maintaining (a) certain maximum leverage ratios on both unsecured senior corporate and secured debt, minimum debt service coverage ratios and minimum equity levels, (b) certain debt service ratios and (c) certain asset to debt ratios. In addition, the Company is restricted from paying dividends in amounts that exceed by more than $26.0 million the funds from operations, as defined therein, generated through the end of the calendar quarter most recently completed prior to the declaration of such dividend; however, this dividend limitation does not December 31, 2023. Interest on the Company’s fixed-rate Senior Unsecured Notes is payable semi-annually in arrears. Proceeds from these issuances were primarily used for the acquisition of shopping centers, the expansion and improvement of properties in the Company’s portfolio and the repayment of certain debt obligations of the Company. Credit Facility In February 2023, March 2024. March 2027 two six March 2028. December 31, 2023 two February 23, 2023, 10.20 10 December 31, 2022. December 31, 2023, |
Note 13 - Mortgages Payable
Note 13 - Mortgages Payable | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Mortgage Notes Payable Disclosure [Text Block] | 13. Mortgages Payable Mortgages, collateralized by certain shopping center properties (see Financial Statement Schedule III included in this annual report on Form 10 As of December 31, 2023 2022, Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2023 2022 2023 2022 December 31, 2023 Mortgages payable $ 355.7 $ 379.3 3.33% - 7.23 % 3.23% - 7.23% May-2024 – Jun-2031 Fair value debt adjustments, net (0.6 ) (0.7 ) n/a n/a n/a Deferred financing costs, net (1.2 ) (1.7 ) n/a n/a n/a $ 353.9 $ 376.9 4.22%* 4.16%* * Weighted-average interest rate During 2023, March 2023 During 2022, 2022, The scheduled principal payments (excluding any extension options available to the Company) of all mortgages payable, excluding unamortized fair value debt adjustments of $0.6 million and unamortized debt issuance costs of $1.2 million, as of December 31, 2023, 2024 2025 2026 2027 2028 Thereafter Total Principal payments $ 21.3 $ 73.0 $ 7.4 $ 39.0 $ 113.8 $ 101.2 $ 355.7 |
Note 14 - Other Liabilities
Note 14 - Other Liabilities | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Other Liabilities Disclosure [Text Block] | 14. Other Liabilities: Embedded Derivative Liability The Company evaluates its financial instruments, including equity-linked financial instruments, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with FASB ASC Topic 815, 815” During the year ended December 31, 2022, eight The transaction includes a call option for the Company to purchase the Outside Partner’s Unit interests 10 years from the anniversary date of the agreement. The holders of the Outside Partner Units have a put option that would require the Company to purchase (i) 50% of the holder’s ownership interest after the first second third not This arrangement included an embedded derivative which required separate accounting. The initial value of the embedded derivative was a liability of $56.0 million at the date of purchase. During 2023, 3 December 31, 2023 3 17 December 31, 2023. |
Note 15 - Noncontrolling Intere
Note 15 - Noncontrolling Interests and Redeemable Noncontrolling Interests | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Noncontrolling Interest Disclosure [Text Block] | 15. Noncontrolling Interests and Redeemable Noncontrolling Interests Noncontrolling interests represent the portion of equity that the Company does not Noncontrolling interests The Company owns seven 2006 December 31, 2023 2022, December 31, 2023: Type Par Value Per Unit Number of Units Remaining Return Per Annum Class B-1 Preferred Units (1) $ 10,000 166 7.0% Class B-2 Preferred Units (2) $ 10,000 21 7.0% Class C DownREIT Units (1) $ 30.52 52,797 Equal to the Company’s common stock dividend ( 1 These units are redeemable for cash by the holder or at the Company’s option, shares of the Company’s common stock, based upon the conversion calculation as defined in the agreement. These units are included in Noncontrolling interests on the Company’s Consolidated Balance Sheets. ( 2 These units are redeemable for cash by the holder or callable by the Company and are included in Redeemable noncontrolling interests on the Company’s Consolidated Balance Sheets. The Company owns a shopping center located in Bay Shore, NY, which was acquired in 2006 1:1. April 3, 2028 30 December 31, 2023 2022, Noncontrolling interests also includes 138,015 convertible units issued during 2006 1:1. The Company acquired two 1:1. 2023, 2022, December 31, 2023 2022, During 2022, Redeemable noncontrolling interests Included within noncontrolling interests are units that were determined to be contingently redeemable that are classified as Redeemable noncontrolling interests and presented in the mezzanine section between Total liabilities and Stockholder’s equity on the Company’s Consolidated Balance Sheets. The Company owns eight 2022, 14 10 not 2023, December 31, 2023: Type Par Value Per Unit Number of Units Remaining Return Per Annum Preferred Outside Partner Units $ 20.00 3,978,304 3.75 % Common Outside Partner Units $ 20.00 621,758 Equal to the Company’s common stock dividend The following table presents the change in the redemption value of the Redeemable noncontrolling interests for the years ended December 31, 2023 2022 2023 2022 Balance at January 1, $ 92,933 $ 13,480 Fair value allocation to unitholders/partnership interest (1) - 79,663 Income 5,820 1,770 Distributions (5,820 ) (1,771 ) Redemption/conversion of noncontrolling interests (1) (21,070 ) (209 ) Adjustment to estimated redemption value 414 - Balance at December 31, $ 72,277 $ 92,933 ( 1 Relates to Preferred and Common Outside Partner Units, which were issued during 2022 2023 |
Note 16 - Variable Interest Ent
Note 16 - Variable Interest Entities ("VIE") | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 16. Variable Interest Entities ( “ VIE ” ) Included within the Company’s operating properties at December 31, 2023 2022, not not December 31, 2023, December 31, 2022, The majority of the operations of these VIEs are funded with cash flows generated from the properties. The Company has not not may All liabilities of these consolidated VIEs are non-recourse to the Company (“VIE Liabilities”). The assets of the unencumbered VIEs are not third December 31, 2023 2022 Number of unencumbered VIEs 28 29 Number of encumbered VIEs 2 3 Total number of consolidated VIEs 30 32 Restricted Assets: Real estate, net $ 379.8 $ 425.5 Cash and cash equivalents 3.9 7.9 Accounts and notes receivable, net 3.6 1.7 Other assets 1.3 1.5 Total Restricted Assets $ 388.6 $ 436.6 VIE Liabilities: Mortgages payable, net $ 97.3 $ 109.7 Accounts payable and accrued expenses 11.4 10.9 Operating lease liabilities 5.0 5.2 Other liabilities 67.2 73.3 Total VIE Liabilities $ 180.9 $ 199.1 Unconsolidated Redevelopment Investment Included in the Company’s preferred equity investments at December 31, 2023, not not not not not As of December 31, 2023, not not |
Note 17 - Fair Value Disclosure
Note 17 - Fair Value Disclosure of Financial Instruments | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 17. Fair Value Disclosure of Financial Instruments All financial instruments of the Company are reflected in the accompanying Consolidated Balance Sheets at amounts which, in management’s estimation, based upon an interpretation of available market information and valuation methodologies, reasonably approximate their fair values except those listed below, for which fair values are disclosed. The valuation method used to estimate fair value for fixed-rate and variable-rate debt and mortgage and other finance receivables is based on discounted cash flow analyses, with assumptions that include credit spreads, market yield curves, trading activity, loan amounts and debt maturities. The fair values for marketable securities are based on published values, securities dealers’ estimated market values or comparable market sales. The fair value for embedded derivative liability is based on using the “with-and-without” method. Such fair value estimates are not As a basis for considering market participant assumptions in fair value measurements, the FASB’s Fair Value Measurements and Disclosures guidance establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 2 3 The following are financial instruments for which the Company’s estimate of fair value differs from the carrying amounts (in thousands): December 31, 2023 2022 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Assets: Mortgage and other financing receivables (1) $ 130,745 $ 122,323 $ 87,359 $ 87,359 Liabilities: Notes payable, net (2) $ 7,262,851 $ 6,671,450 $ 6,780,969 $ 5,837,401 Mortgages payable, net (3) $ 353,945 $ 329,955 $ 376,917 $ 311,659 ( 1 The Company determined that the valuation of its mortgage and other financing receivables were classified within Level 3 ( 2 The Company determined that the valuation of its senior unsecured notes were classified within Level 2 2 December 31, 2023 2022, December 31, 2023 2022, ( 3 The Company determined that its valuation of its mortgages payable were classified within Level 3 December 31, 2023 2022, The Company has certain financial instruments that must be measured under the FASB’s Fair Value Measurements and Disclosures guidance, including available for sale securities and embedded derivative liabilities. The Company currently does not In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level of the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The tables below present the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 2022, Balance at December 31, 2023 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 330,057 $ 330,057 $ - $ - Liabilities: Embedded derivative liability $ 30,914 $ - $ - $ 30,914 Balance at December 31, 2022 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 597,732 $ 597,732 $ - $ - Liabilities: Embedded derivative liability $ 56,000 $ - $ - $ 56,000 The significant unobservable input (Level 3 3 6.40% December 31, 2023 2022, The table below summarizes the change in the fair value of the embedded derivative liability for the year ended December 31, 2023 ( Fair Value of Embedded Derivative Liability Balance as of January 1, 2023 $ 56,000 Settlements (22,446) Change in fair value (included in Other income, net) (734) Change in fair value (included in Paid-in capital) (1,906) Balance as of December 31, 2023 $ 30,914 Assets measured at fair value on a non-recurring basis at December 31, 2023 Balance at December 31, 2023 Level 1 Level 2 Level 3 Real estate $ 11,724 $ - $ - $ 11,724 During the year ended December 31, 2023, third not third 3 |
Note 18 - Preferred Stock, Comm
Note 18 - Preferred Stock, Common Stock and Convertible Unit Transactions | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Equity [Text Block] | 18. Preferred Stock, Common Stock and Convertible Unit Transactions Preferred Stock The Company’s Board of Directors had authorized the repurchase of up to 894,000 depositary shares of Class L Preferred Stock and 1,048,000 depositary shares of Class M Preferred Stock through December 31, 2023, December 31, 2023, Class of Preferred Stock Depositary Shares Repurchased Purchase Price (in thousands) Class L 43,777 $ 973.4 Class M 23,791 $ 515.9 During January 2024, February 28, 2026. 28 The Company’s outstanding Preferred Stock is detailed below (in thousands, except share data and par values): As of December 31, 2023 Class of Preferred Stock Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Value Optional Redemption Date Class L 10,350 8,902 $ 222,543 5.125 % $ 1.28125 $ 1.00 8/16/2022 Class M 10,580 10,465 261,636 5.250 % $ 1.31250 $ 1.00 12/20/2022 19,367 $ 484,179 As of December 31, 2022 Class of Preferred Stock Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Value Optional Redemption Date Class L 10,350 8,946 $ 223,637 5.125 % $ 1.28125 $ 1.00 8/16/2022 Class M 10,580 10,489 262,231 5.250 % $ 1.31250 $ 1.00 12/20/2022 19,435 $ 485,868 The Company’s Class L and Class M Preferred Stock Depositary Shares are not Voting Rights The Class L and M Preferred Stock rank pari passu as to voting rights, priority for receiving dividends and liquidation preference as set forth below. As to any matter on which the Class L or M Preferred Stock may may may 1,000 1,000 Liquidation Rights In the event of any liquidation, dissolution or winding up of the affairs of the Company, preferred stock holders are entitled to be paid, out of the assets of the Company legally available for distribution to its stockholders, a liquidation preference of $25,000 per share of Class L Preferred Stock and $25,000 per share of Class M Preferred Stock ($25.00 per each Class L and Class M Depositary Share), plus an amount equal to any accrued and unpaid dividends to the date of payment, before any distribution of assets is made to holders of the Company’s common stock or any other capital stock that ranks junior to the preferred stock as to liquidation rights. Common Stock The Company has a common share repurchase program, which is scheduled to expire February 28, 2026. may not 2023 2022. December 31, 2023, During September 2023, may may 415 1933, may, one not December 31, 2023. December 31, 2023, $500.0 The Company, from time to time, repurchases shares of its common stock in amounts that offset new issuances of common stock relating to the exercise of stock options or the issuance of restricted stock awards. These repurchases may 2023, 2022 2021, Convertible Units The Company has various types of convertible units that were issued in connection with the purchase of operating properties (see Footnote 15 not December 31, 2023, Dividends Declared The following table provides a summary of the dividends declared per share: Year Ended December 31, 2023 2022 2021 Common Stock (1) $ 1.02000 $ 0.84000 $ 0.68000 Class L Depositary Shares $ 1.28125 $ 1.28125 $ 1.28125 Class M Depositary Shares $ 1.31250 $ 1.31250 $ 1.31250 ( 1 During 2023, |
Note 19 - Supplemental Schedule
Note 19 - Supplemental Schedule of Non-cash Investing / Financing Activities | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Cash Flow, Supplemental Disclosures [Text Block] | 19. Supplemental Schedule of Non-Cash Investing/Financing Activities The following schedule summarizes the non-cash investing and financing activities of the Company for the years ended December 31, 2023, 2022 2021 2023 2022 2021 Acquisition of real estate interests: Mortgages debt $ - $ 79,362 $ - Other liabilities $ - $ 59,000 $ - Redeemable noncontrolling interests $ - $ 79,663 $ - Lease modification $ 12,527 $ - $ - Proceeds held in escrow through sale of real estate interests $ 3,524 $ - $ - Disposition of real estate interests through the issuance of mortgage receivables $ 25,000 $ - $ - Deconsolidation of real estate interests through contribution to other investments $ 19,618 $ - $ - Capital expenditures accrual $ 30,892 $ 29,079 $ 34,651 Surrender of common stock $ 16,327 $ 13,790 $ 20,909 Declaration of dividends paid in succeeding period $ 5,308 $ 5,326 $ 5,366 Increase/(decrease) in redeemable noncontrolling interests’ carrying amount $ 414 $ - $ (2,304 ) Lease liabilities arising from obtaining operating right-of-use assets $ 1,481 $ - $ 553 Lease liabilities arising from obtaining financing right-of-use assets $ 3,161 $ - $ - Decrease in embedded derivative liability from extinguishment $ 1,906 $ - $ - Allocation of fair value to noncontrolling interests $ - $ - $ 2,068 Purchase price fair value adjustment to prepaid rent $ - $ - $ 15,620 Decrease in noncontrolling interests from redemption of units for common stock $ - $ 1,613 $ 1,540 Weingarten Merger: Real estate assets $ - $ - $ 5,627,469 Investments in and advances to real estate joint ventures $ - $ - $ 585,382 Notes payable $ - $ - $ (1,497,632 ) Mortgages payable $ - $ - $ (317,671 ) Below-market leases $ - $ - $ (119,373 ) Noncontrolling interests $ - $ - $ (177,039 ) Other assets and liabilities, net $ - $ - $ (154,775 ) Lease liabilities arising from obtaining operating right-of-use assets $ - $ - $ 32,569 Lease liabilities arising from obtaining financing right-of-use assets $ - $ - $ 23,026 Common stock issued in exchange for Weingarten common shares $ - $ - $ (3,738,735 ) Consolidation of Joint Ventures: Increase in real estate and other assets, net $ 54,345 $ - $ 506,266 Increase in mortgages payable, other liabilities and noncontrolling interests $ 37,187 $ - $ 234,091 Deconsolidation of Joint Venture: Decrease in real estate and other assets, net $ - $ - $ 300,099 Decrease in mortgages payable and other liabilities $ - $ - $ 170,000 The following table provides a reconciliation of cash, cash equivalents and restricted cash recorded on the Company’s Consolidated Balance Sheets to the Company’s Consolidated Statements of Cash Flows (in thousands): As of December 31, 2023 As of December 31, 2022 Cash and cash equivalents $ 780,518 $ 146,970 Restricted cash 3,239 2,859 Total cash, cash equivalents and restricted cash $ 783,757 $ 149,829 |
Note 20 - Transactions With Rel
Note 20 - Transactions With Related Parties | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 20. Transactions with Related Parties Joint Ventures The Company provides management services for shopping centers owned principally by affiliated entities and various real estate joint ventures in which certain stockholders of the Company have economic interests. Such services are performed pursuant to management agreements which provide for fees based upon a percentage of gross revenues from the properties and other direct costs incurred in connection with management of the centers. Substantially all of the Management and other fee income on the Company’s Consolidated Statements of Income constitute fees earned from affiliated entities. Reference is made to Footnote 6 During 2023, three 3 During 2022, no Ripco Ripco Real Estate Corp. (“Ripco”) business activities include serving as a leasing agent and representative for national and regional retailers including Target, Best Buy, Kohl’s and many others, providing real estate brokerage services and principal real estate investing. Todd Cooper, an officer and 50% shareholder of Ripco, is a son of Milton Cooper, Executive Chairman of the Board of Directors of the Company. During 2023, 2022 2021, Fifth Wall Mary Hogan Preusse, a member of the Company’s Board of Directors, is a Senior Advisor at Fifth Wall. The Company holds an investment in the Fifth Wall’s Climate Technology Fund with a commitment of up to $25.0 million, of which $16.8 million has been funded as of December 31, 2023 December 31, 2023. |
Note 21 - Commitments and Conti
Note 21 - Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 21. Commitments and Contingencies Letters of Credit The Company has issued letters of credit in connection with the completion and repayment guarantees primarily on certain of the Company’s redevelopment projects and guaranty of payment related to the Company’s insurance program. At December 31, 2023, Funding Commitments The Company has investments, including Fifth Wall discussed above, with funding commitments of $64.7 million, of which $51.8 million has been funded as of December 31, 2023. Other The Parent Company guarantees the unsecured debt instruments of Kimco OP. These guarantees by the Parent Company are full, irrevocable, unconditional and absolute joint and several guarantees to the holders of each series of such unsecured debt instruments. See Footnote 12 In connection with the construction of its development and redevelopment projects and related infrastructure, certain public agencies require posting of performance and surety bonds to guarantee that the Company’s obligations are satisfied. These bonds expire upon the completion of the improvements and infrastructure. As of December 31, 2023, The Company provides a guaranty for the payment of any debt service shortfalls on the Sheridan Redevelopment Agency issued Series A bonds which are tax increment revenue bonds issued in connection with a development project in Sheridan, Colorado. These tax increment revenue bonds have a balance of $41.0 million outstanding at December 31, 2023. may 2040. The Company is subject to various other legal proceedings and claims that arise in the ordinary course of business. Management believes that the final outcome of such matters will not December 31, 2023. |
Note 22 - Incentive Plans
Note 22 - Incentive Plans | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Share-Based Payment Arrangement [Text Block] | 22. Incentive Plans In May 2020, 2020 “2020 2010 “2010 2020 March 2020. 2020 December 31, 2023, 2020 The Company accounts for equity awards in accordance with FASB’s Compensation – Stock Compensation guidance which requires that all share-based payments to employees, including grants of employee stock options, restricted stock and performance shares, be recognized in the Consolidated Statements of Income over the service period based on their fair values. Fair value of performance awards is determined using the Monte Carlo method, which is intended to estimate the fair value of the awards at the grant date. Fair value of restricted shares is based on the price on the date of grant. The Company recognized expense associated with its equity awards of $33.1 million, $26.6 million and $23.2 million for the years ended December 31, 2023, 2022 2021, December 31, 2023, Stock Options During 2023, 2022 2021, not 2010 December 31, 2023, 2022 2021 Shares Weighted-Average Exercise Price Per Share Aggregate Intrinsic Value (in millions) Options outstanding, January 1, 2021 1,162,321 $ 20.03 $ - Exercised (315,750 ) $ 19.19 $ 1.1 Forfeited (357,816 ) $ 19.01 Options outstanding, December 31, 2021 488,755 $ 21.48 $ 1.5 Exercised (205,871 ) $ 20.56 $ 0.8 Forfeited (750 ) $ 19.70 Options outstanding, December 31, 2022 282,134 $ 22.13 $ - Exercised (173,038 ) $ 21.54 $ 0.1 Forfeited (109,096 ) $ 21.61 Options outstanding, December 31, 2023 - $ - $ - Options exercisable (fully vested) December 31, 2021 488,755 $ 21.48 $ 1.5 December 31, 2022 282,134 $ 22.13 $ - December 31, 2023 - $ - $ - Cash received from options exercised under the 2010 December 31, 2023, 2022 2021, Restricted Stock Information with respect to restricted stock under the Plan for the years ended December 31, 2023, 2022 2021 2023 2022 2021 Restricted stock outstanding as of January 1, 2,605,970 2,347,608 2,394,825 Granted (1) 893,880 819,090 754,560 Vested (740,866 ) (511,772 ) (759,665 ) Forfeited (12,868 ) (48,956 ) (42,112 ) Restricted stock outstanding as of December 31, 2,746,116 2,605,970 2,347,608 ( 1 The weighted-average grant date fair value for restricted stock issued during the years ended December 31, 2023, 2022 2021 Restricted shares have the same voting rights as the Company’s common stock and are entitled to a cash dividend per share equal to the Company’s common dividend which is taxable as ordinary income to the holder. For the years ended December 31, 2023, 2022 2021, Performance Shares Information with respect to performance share awards under the Plan for the years ended December 31, 2023, 2022 2021 2023 2022 2021 Performance share awards outstanding as of January 1, 1,004,040 1,052,100 913,800 Granted (1) 531,200 458,660 545,380 Vested (2) (545,380 ) (506,720 ) (407,080 ) Performance share awards outstanding as of December 31, 989,860 1,004,040 1,052,100 ( 1 The weighted-average grant date fair value for performance shares issued during the years ended December 31, 2023, 2022 2021 ( 2 For the years ended December 31, 2023, 2022 2021, The more significant assumptions underlying the determination of fair values for these performance awards granted during 2023, 2022 2021 2023 2022 2021 Stock price $ 21.30 $ 24.27 $ 17.87 Dividend yield (1) 0 % 0 % 0 % Risk-free rate 4.38 % 1.72 % 0.20 % Volatility (2) 44.89 % 49.07 % 48.41 % Term of the award (years) 2.87 2.87 2.86 ( 1 Total Shareholder Returns, as used in the performance share awards computation, are measured based on cumulative dividend stock prices, as such a zero percent dividend yield is utilized. ( 2 Volatility is based on the annualized standard deviation of the daily logarithmic returns on dividend-adjusted closing prices over the look-back period based on the term of the award. Other The Company maintains a 401 December 31, 2023. December 31, 2023, 2022 2021, 2023, 401 The Company recognized severance costs associated with employee retirements and terminations during the years ended December 31, 2023, 2022 2021, |
Note 23 - Defined Benefit Plan
Note 23 - Defined Benefit Plan | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Defined Benefit Plan [Text Block] | 23. Defined Benefit Plan: In August 2021, December 31, 2021. March 28, 2023, third During 2023, third 2023, December 31, 2023, December 31, 2023, The following table summarizes the measurement changes in the Benefit Plan’s projected benefit obligation, plan assets and funded status, as well as the components of net periodic benefit costs, including key assumptions, from January 1, 2023 December 31, 2023 ( 2023 2022 Change in Projected Benefit Obligation: Benefit obligation at beginning of period $ 26,165 $ 36,995 Interest cost 982 1,052 Settlement payments (25,480 ) - Actuarial gain (189 ) (9,781 ) Benefit payments (1,478 ) (2,101 ) Benefit obligation at end of period $ - $ 26,165 Change in Plan Assets: Fair value of plan assets at beginning of period $ 40,586 $ 43,653 Actual return on plan assets 1,299 (966 ) Excess assets transfer (14,927 ) - Settlement payments (25,480 ) - Benefit payments (1,478 ) (2,101 ) Fair value of plan assets at end of period $ - $ 40,586 Funded status at end of period (included in Accounts and notes receivable) $ - $ 14,421 Accumulated benefit obligation $ - $ 26,165 Net gain recognized in Accumulated other comprehensive income $ 267 $ 10,581 The components of net periodic benefit income/(cost), included in Other income, net in the Company’s Consolidated Statements of Income for the years ended December 31, 2023 2022 2023 2022 Interest cost $ (982 ) $ (1,052 ) Expected return on plan assets 1,221 413 Amortization of net gain - 37 Settlement gain 10,848 - Total $ 11,087 $ (602 ) The weighted-average assumptions used to determine the benefit obligation as of December 31, 2022 2022 Discount rate 4.88 % Salary scale increases N/A Interest credit rate for cash balance plan 4.50 % |
Note 24 - Income Taxes
Note 24 - Income Taxes | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 24. Income Taxes The Company elected to qualify as a REIT in accordance with the Code commencing with its taxable year which began January 1, 1992. 100% not not four Reconciliation between GAAP Net Income and Federal Taxable Income The following table reconciles GAAP net income to taxable income for the years ended December 31, 2023, 2022 2021 2023 2022 2021 (Estimated) (Actual) (Actual) GAAP net income attributable to the Company $ 654,273 $ 125,976 $ 844,059 GAAP net income attributable to TRSs (64 ) (5,042 ) (23,365 ) GAAP net income from REIT operations (1) 654,209 120,934 820,694 Federal income taxes 50,661 47,328 - Net book depreciation in excess of tax depreciation 95,468 120,446 77,951 Deferred/prepaid/above-market and below-market rents, net (31,982 ) (38,479 ) (31,666 ) Fair market value debt amortization (21,053 ) (38,303 ) (17,961 ) Book/tax differences from executive compensation 31,169 23,248 19,882 Book/tax differences from equity awards (7,157 ) (7,846 ) (3,714 ) Book/tax differences from defined benefit plan 2,948 - (2,948 ) Book/tax differences from investments in and advances to real estate joint ventures 27,163 11,736 16,030 Book/tax differences from sale of properties 177,772 217,797 (50,955 ) Book/tax differences from accounts receivable (4,284 ) (8,430 ) (17,707 ) Book adjustment to property carrying values and marketable equity securities (24,275 ) 335,199 (503,847 ) Taxable currency exchange (loss)/gain, net (2,446 ) 198 1,945 Tangible property regulation deduction (65,000 ) (61,492 ) - GAAP change in ownership of joint venture interests (7,574 ) 45,767 (5,607 ) Dividends from TRSs - 243 23,314 Severance accrual (573 ) (2,065 ) (5,608 ) Other book/tax differences, net (2) 7,803 2,115 (20,299 ) Adjusted REIT taxable income (3) $ 882,849 $ 768,396 $ 299,504 Certain amounts in the prior periods have been reclassified to conform to the current year presentation in the table above. ( 1 All adjustments to "GAAP net income from REIT operations" are net of amounts attributable to noncontrolling interests and TRSs. ( 2 Includes merger related book/tax differences of $4.8 million and ($20.7) million for the years ended December 31, 2023 2021, ( 3 Includes a long term capital gain of $241.2 million and $251.5 million for the years ended December 31, 2023 2022, Characterization of Distributions The following characterizes distributions paid for tax purposes for the years ended December 31, 2023, 2022 2021, 2023 2022 2021 Preferred L Dividends Ordinary income $ 11,432 100 % $ 9,657 84 % $ 11,185 97 % Capital gain - - 1,839 16 % 346 3 % $ 11,432 100 % $ 11,496 100 % $ 11,531 100 % Preferred M Dividends Ordinary income $ 13,749 100 % $ 11,615 84 % $ 13,469 97 % Capital gain - - 2,212 16 % 417 3 % $ 13,749 100 % $ 13,827 100 % $ 13,886 100 % Common Dividends Ordinary income $ 622,885 99 % $ 418,725 81 % $ 273,272 77 % Capital gain - - 82,711 16 % 10,647 3 % Return of capital 6,292 1 % 15,508 3 % 70,980 20 % $ 629,177 100 % $ 516,944 100 % $ 354,899 100 % Total dividends distributed for tax purposes $ 654,358 $ 542,267 $ 380,316 For the years ended December 31, 2023 2022, 2439, December 31, 2021, Taxable REIT Subsidiaries and Taxable Entities The Company is subject to federal, state and local income taxes on income reported through its TRS activities, which include wholly owned subsidiaries of the Company. The Company’s TRSs include Kimco Realty Services II, Inc., FNC Realty Corporation, Kimco Insurance Company, Weingarten Investments Inc. and the consolidated entity, Blue Ridge Real Estate Company/Big Boulder Corporation. Income taxes are accounted for under the asset and liability method. Deferred income taxes are recognized for the temporary differences between the financial reporting basis and the tax basis of taxable assets and liabilities. The Company’s (provision)/benefit for income taxes relating to the Company for the years ended December 31, 2023, 2022 2021, 2023 2022 2021 TRSs and taxable entities $ (83 ) $ 533 $ (3,380 ) REIT (1) (60,869 ) (57,187 ) - Total tax provision $ (60,952 ) $ (56,654 ) $ (3,380 ) ( 1 During 2023 2022, 2023, 2022, 2439, Deferred Tax Assets, Liabilities and Valuation Allowances The Company’s deferred tax assets and liabilities at December 31, 2023 2022, 2023 2022 Deferred tax assets: Tax/GAAP basis differences $ 3,293 $ 4,165 Net operating losses (1) 4,463 1,836 Valuation allowance (3,776 ) - Total deferred tax assets 3,980 6,001 Deferred tax liabilities (5,843 ) (6,551 ) Net deferred tax liabilities $ (1,863 ) $ (550 ) ( 1 Net operating losses do not The major differences between the GAAP basis of accounting and the basis of accounting used for federal and state income tax reporting consist of depreciation and amortization, impairment charges recorded for GAAP purposes, but not not Deferred tax assets and deferred tax liabilities are included in the captions Other assets and Other liabilities on the Company’s Consolidated Balance Sheets at December 31, 2023 2022. Under GAAP a reduction of the carrying amounts of deferred tax assets by a valuation allowance is required, if, based on the evidence available, it is more likely than not 50% not not Uncertain Tax Positions As of December 31, 2023 2022, not December 31, 2023, 12 |
Note 25 - Captive Insurance Com
Note 25 - Captive Insurance Company | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Captive Insurance Disclosure [Text Block] | 25. Captive Insurance Company: In October 2007, third third may third may not From October 1, 2007 December 31, 2023, first September 30, 2008 February 1, 2021. February 1, 2021 February 1, 2025, not As of December 31, 2023, Activity in the liability for unpaid losses and loss adjustment expenses for the years ended December 31, 2023 2022 2023 2022 Balance at the beginning of the year $ 20,202 $ 19,655 Incurred related to: Current year 6,097 5,694 Prior years (1) 2,644 125 Total incurred 8,741 5,819 Paid related to: Current year (817 ) (645 ) Prior years (7,243 ) (4,627 ) Total paid (8,060 ) (5,272 ) Balance at the end of the year $ 20,883 $ 20,202 ( 1 Relates to changes in estimates in insured events in the prior years, incurred losses and loss adjustment expenses. |
Note 26 - Accumulated Other Com
Note 26 - Accumulated Other Comprehensive Income ("AOCI") | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Comprehensive Income (Loss) Note [Text Block] | 26. Accumulated Other Comprehensive Income ( “ AOCI ” ): The following table displays the change in the components of AOCI for the years ended December 31, 2023 2022 Unrealized Gains Related to Defined Benefit Plan Unrealized Gains Related to Equity Method Investments Total Balance as of January 1, 2023 $ 10,581 $ - $ 10,581 Other comprehensive income before reclassifications 267 3,329 3,596 Amounts reclassified from AOCI (1) (10,848 ) - (10,848 ) Net current-period other comprehensive income (10,581 ) 3,329 (7,252 ) Balance as of December 31, 2023 $ - $ 3,329 $ 3,329 ( 1 Amounts are included in Other income, net on the Company’s Consolidated Statements of Income. See Footnote 23 Unrealized Gains Related to Defined Benefit Plan Balance as of January 1, 2022 $ 2,216 Other comprehensive income before reclassifications 8,365 Amounts reclassified from AOCI - Net current-period other comprehensive income 8,365 Balance as of December 31, 2022 $ 10,581 |
Note 27 - Earnings Per Share
Note 27 - Earnings Per Share | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 27. Earnings Per Share: The following table sets forth the reconciliation of earnings and the weighted-average number of shares used in the calculation of basic and diluted earnings per share (amounts presented in thousands, except per share data): For the Year Ended December 31, 2023 2022 2021 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 629,252 $ 100,758 $ 818,643 Change in estimated redemption value of redeemable noncontrolling interests 2,323 - 2,304 Earnings attributable to participating securities (2,819 ) (2,182 ) (5,346 ) Net income available to the Company’s common shareholders for basic earnings per share 628,756 98,576 815,601 Distributions on convertible units 53 - 3,087 Net income available to the Company’s common shareholders for diluted earnings per share $ 628,809 $ 98,576 $ 818,688 Weighted average common shares outstanding – basic 616,947 615,528 506,248 Effect of dilutive securities (1): Equity awards 1,132 2,283 2,422 Assumed conversion of convertible units 120 47 2,715 Weighted average common shares outstanding – diluted 618,199 617,858 511,385 Net income available to the Company's common shareholders: Basic earnings per share $ 1.02 $ 0.16 $ 1.61 Diluted earnings per share $ 1.02 $ 0.16 $ 1.60 ( 1 The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company’s common shareholders per share. Accordingly, the impact of such conversions has not not December 31, 2022. The Company's unvested restricted share awards contain non-forfeitable rights to distributions or distribution equivalents. The impact of the unvested restricted share awards on earnings per share has been calculated using the two |
Note 28 - Subsequent Events
Note 28 - Subsequent Events | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 28. Subsequent Events: RPT Merger On August 28, 2023, January 2, 2024, Under the terms of the Merger Agreement, each RPT common share was converted into 0.6049 of a newly issued share of the Company’s common stock, together with cash in lieu of fractional shares and each 7.25% Series D Cumulative Convertible Perpetual Preferred Share of RPT was converted into the right to receive one one one The provisional fair market value of the acquired properties will be based upon a valuation prepared by the Company with assistance of a third third not may may The number of RPT shares/units outstanding as of January 2, 2024, Common Shares (1) OP Units (2) Cumulative Convertible Perpetual Preferred Shares (3) RPT shares/units outstanding as of January 2, 2024 87,675 1,576 1,849 Exchange ratio 0.6049 0.6049 1.0000 Kimco shares/units issued 53,034 953 1,849 Value of Kimco stock per share/unit $ 22.0005 $ 22.0005 $ 57.13 Equity consideration given from Kimco shares/units issued $ 1,166,775 $ 20,975 $ 105,607 ( 1 The Company paid cash in lieu of issuing fractional Kimco common shares, which is included in “Cash Consideration” caption in the table below. ( 2 Upon consummation of the RPT Merger, the Parent Company owns 99.86% of the outstanding OP Units in Kimco OP, which is no ( 3 The Company issued 1,849 shares of Class N Preferred Stock with a par value of $1.00 per share, represented by 1,848,539 depositary shares. The liquidation preference is $92.4 million ($50.00 per depositary share) and the shareholders are entitled to fixed annual dividends of $3.625 per depositary share. The Class N Preferred Stock depositary shares are convertible at any time by the holders to 2.3071 of the Company’s common shares or under certain circumstances by the Company’s election. The following table presents the total value of stock consideration paid by Kimco at the close of the RPT Merger (in thousands): Calculated Value of RPT Consideration Cash Consideration* Total Value of Consideration As of January 2, 2024 $ 1,293,357 $ 148,881 $ 1,442,238 * Amount includes $130.0 million to pay off the outstanding balance on RPT’s credit facility at closing, additional consideration of approximately $18.9 million relating to transaction costs incurred by RPT and $0.1 million of cash paid in lieu of issuing fractional Kimco common shares. In connection with the RPT Merger, the Company assumed $511.5 million of senior unsecured notes with maturities ranging from 2026 2031, January 2024, In addition, in connection with the RPT Merger, the Company assumed and amended $310.0 million of unsecured term loans, which were outstanding under RPT's Sixth Amended and Restated Credit Agreement ("RPT Credit Facility"). The term loans consist of the following tranches: (i) $50.0 million maturing in 2026, 2027, 2027 2028. Amended and Restated Limited Liability Company Agreement On January 2, 2024, Notes Payable On January 2, 2024, 12 In addition, in January 2024, January 2024. Albertsons Companies, Inc. In February 2024, three March 31, 2024. Common Stock and Preferred During January 2024, February 28, 2026. February 28, 2026. |
Schedule II - Valuation and Qua
Schedule II - Valuation and Qualifying Accounts | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS For the Years Ended December 31, 2023, 2022 2021 (in thousands) Balance at beginning of period Charged to expenses Adjustments to valuation accounts Deductions Balance at end of period Year Ended December 31, 2023 Allowance for uncollectable accounts (1) $ 6,982 $ - $ - $ (2,454 ) $ 4,528 Allowance for deferred tax asset $ - $ - $ 3,776 $ - $ 3,776 Year Ended December 31, 2022 Allowance for uncollectable accounts (1) $ 8,339 $ - $ - $ (1,357 ) $ 6,982 Allowance for deferred tax asset $ 4,067 $ - $ (4,067 ) $ - $ - Year Ended December 31, 2021 Allowance for uncollectable accounts (1) $ 22,377 $ - $ - $ (14,038 ) $ 8,339 Allowance for deferred tax asset $ 36,957 $ - $ (32,890 ) $ - $ 4,067 ( 1 Includes allowances on accounts receivable and straight-line rents. |
Schedule III - Real Estate and
Schedule III - Real Estate and Accumulated Depreciation | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Text Block] | SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2023 (in thousands) INITIAL COST COST CAPITALIZED SUBSEQUENT TO BUILDING TOTAL COST, NET OF DATE OF BUILDING AND ACQUISITION AND ACCUMULATED ACCUMULATED ENCUMBRANCES ACQUISITION(A) DESCRIPTION State LAND IMPROVEMENTS (1) LAND IMPROVEMENTS TOTAL DEPRECIATION DEPRECIATION (2) CONSTRUCTION(C) SHOPPING CENTERS ARCADIA BILTMORE PLAZA AZ $ 850 $ 1,212 $ 68 $ 850 $ 1,280 $ 2,130 $ 286 $ 1,844 $ - 2021(A) BELL CAMINO CENTER AZ 2,427 6,439 1,155 2,427 7,594 10,021 2,966 7,055 - 2012(A) BELL CAMINO-SAFEWAY PARCEL AZ 1,104 4,574 - 1,104 4,574 5,678 667 5,011 - 2019(A) BROADWAY MARKETPLACE AZ 3,517 10,303 529 3,518 10,830 14,348 1,537 12,811 - 2021(A) CAMELBACK MILLER PLAZA AZ 6,236 29,230 790 6,237 30,019 36,256 4,067 32,189 - 2021(A) CAMELBACK VILLAGE SQUARE AZ - 13,038 427 - 13,465 13,465 1,917 11,548 - 2021(A) CHRISTOWN SPECTRUM AZ 33,831 91,004 24,078 76,639 72,274 148,913 21,138 127,775 - 2015(A) COLLEGE PARK SHOPPING CENTER AZ 3,277 7,741 923 3,277 8,663 11,940 3,569 8,371 - 2011(A) DESERT VILLAGE AZ 6,465 22,025 311 6,465 22,336 28,801 2,767 26,034 - 2021(A) ENTRADA DE ORO PLAZA AZ 5,700 11,044 (47 ) 5,700 10,997 16,697 1,521 15,176 - 2021(A) FOUNTAIN PLAZA AZ 4,794 20,373 79 4,794 20,453 25,247 1,929 23,318 - 2021(A) MADERA VILLAGE AZ 3,980 8,110 219 3,980 8,330 12,310 1,266 11,044 - 2021(A) MADISON VILLAGE MARKETPLACE AZ 4,090 18,343 167 4,090 18,510 22,600 2,004 20,596 - 2021(A) MESA RIVERVIEW AZ 15,000 - 143,883 308 158,574 158,882 78,144 80,738 - 2005(C) METRO SQUARE AZ 4,101 16,411 2,799 4,101 19,211 23,312 12,342 10,970 - 1998(A) MONTE VISTA VILLAGE CENTER AZ 4,064 8,344 (11 ) 4,064 8,333 12,397 1,050 11,347 - 2021(A) NORTH VALLEY AZ 6,862 18,201 15,177 4,796 35,444 40,240 9,261 30,979 - 2011(A) PLAZA AT MOUNTAINSIDE AZ 2,450 9,802 2,905 2,450 12,706 15,156 8,510 6,646 - 1997(A) PLAZA DEL SOL AZ 5,325 21,270 2,656 4,578 24,673 29,251 12,107 17,144 - 1998(A) PUEBLO ANOZIRA AZ 7,734 27,063 449 7,734 27,512 35,246 3,153 32,093 11,803 2021(A) RAINTREE RANCH CENTER AZ 7,720 30,743 (129 ) 7,720 30,614 38,334 3,113 35,221 - 2021(A) RED MOUNTAIN GATEWAY AZ 4,653 10,410 3,791 4,653 14,200 18,853 1,144 17,709 - 2021(A) SCOTTSDALE HORIZON AZ 8,191 36,728 1,693 8,191 38,421 46,612 3,861 42,751 - 2021(A) SCOTTSDALE WATERFRONT AZ 15,872 30,112 173 15,872 30,285 46,157 3,726 42,431 - 2021(A) SHOPPES AT BEARS PATH AZ 3,445 2,874 103 3,445 2,977 6,422 369 6,053 - 2021(A) SQUAW PEAK PLAZA AZ 2,515 17,021 71 2,515 17,092 19,607 2,011 17,596 - 2021(A) VILLAGE CROSSROADS AZ 5,663 24,981 1,794 5,663 26,774 32,437 9,129 23,308 - 2011(A) 280 METRO CENTER CA 38,735 94,903 2,014 38,735 96,917 135,652 22,774 112,878 - 2015(A) 580 MARKET PLACE CA 12,769 48,768 287 12,769 49,055 61,824 4,314 57,510 - 2021(A) 8000 SUNSET STRIP S.C. CA 43,012 85,115 1,034 43,012 86,148 129,160 9,710 119,450 - 2021(A) AAA BUILDING AT STEVENS CREEK CA 1,661 3,114 - 1,661 3,114 4,775 333 4,442 - 2021(A) ANAHEIM PLAZA CA 34,228 73,765 6,169 34,228 79,934 114,162 10,398 103,764 - 2021(A) BLACK MOUNTAIN VILLAGE CA 4,678 11,913 2,241 4,678 14,154 18,832 6,344 12,488 - 2007(A) BROOKHURST CENTER CA 10,493 31,358 4,051 22,300 23,602 45,902 6,819 39,083 - 2016(A) BROOKVALE SHOPPING CENTER CA 14,050 19,771 1,241 14,050 21,011 35,061 2,905 32,156 - 2021(A) CAMBRIAN PARK PLAZA CA 41,258 2,015 2,298 41,258 4,313 45,571 810 44,761 - 2021(A) CENTERWOOD PLAZA CA 10,981 10,702 195 10,981 10,897 21,878 1,498 20,380 - 2021(A) CHICO CROSSROADS CA 9,976 30,535 (5,399 ) 7,905 27,207 35,112 12,329 22,783 - 2008(A) CHINO HILLS MARKETPLACE CA 17,702 72,529 967 17,702 73,496 91,198 8,045 83,153 - 2021(A) CITY HEIGHTS CA 10,687 28,325 (435 ) 13,909 24,668 38,577 7,030 31,547 - 2012(A) CORONA HILLS PLAZA CA 13,361 53,373 13,790 13,361 67,163 80,524 43,815 36,709 - 1998(A) COSTCO PLAZA - 541 CA 4,996 19,983 (762 ) 4,996 19,221 24,217 12,714 11,503 - 1998(A) CREEKSIDE CENTER CA 3,871 11,563 2,696 5,154 12,975 18,129 2,404 15,725 - 2016(A) CROCKER RANCH CA 7,526 24,878 (107 ) 7,526 24,770 32,296 6,315 25,981 - 2015(A) CUPERTINO VILLAGE CA 19,886 46,535 27,949 19,886 74,484 94,370 27,845 66,525 - 2006(A) EL CAMINO PROMENADE CA 7,372 37,592 5,200 7,372 42,792 50,164 4,268 45,896 - 2021(A) FREEDOM CENTRE CA 8,933 18,622 125 8,933 18,746 27,679 2,637 25,042 - 2021(A) FULTON MARKET PLACE CA 2,966 6,921 16,928 6,280 20,535 26,815 6,679 20,136 - 2005(A) GATEWAY AT DONNER PASS CA 4,516 8,319 14,671 8,759 18,747 27,506 3,825 23,681 - 2015(A) GATEWAY PLAZA CA 18,372 65,851 (334 ) 18,372 65,516 83,888 6,197 77,691 23,363 2021(A) GREENHOUSE MARKETPLACE CA 10,976 27,721 101 10,976 27,822 38,798 3,590 35,208 - 2021(A) GREENHOUSE MARKETPLACE II CA 5,346 7,188 (227 ) 5,346 6,961 12,307 835 11,472 - 2021(A) HOME DEPOT PLAZA CA 4,592 18,345 1 4,592 18,345 22,937 12,207 10,730 - 1998(A) KENNETH HAHN PLAZA CA 4,115 7,661 (695 ) - 11,082 11,082 5,405 5,677 - 2010(A) LA MIRADA THEATRE CENTER CA 8,817 35,260 46 6,889 37,234 44,123 24,286 19,837 - 1998(A) LA VERNE TOWN CENTER CA 8,414 23,856 13,176 16,362 29,084 45,446 8,823 36,623 - 2014(A) LABAND VILLAGE SHOPPING CENTER CA 5,600 13,289 (920 ) 5,607 12,362 17,969 7,202 10,767 - 2008(A) LAKEWOOD PLAZA CA 1,294 3,669 (1,265 ) - 3,699 3,699 947 2,752 - 2014(A) LAKEWOOD VILLAGE CA 8,597 24,375 (182 ) 11,683 21,107 32,790 6,942 25,848 - 2014(A) LARWIN SQUARE SHOPPING CENTER CA 17,234 39,731 6,731 17,234 46,462 63,696 3,927 59,769 - 2023(A) LINCOLN HILLS TOWN CENTER CA 8,229 26,127 433 8,229 26,560 34,789 8,144 26,645 - 2015(A) LINDA MAR SHOPPING CENTER CA 16,549 37,521 5,284 16,549 42,805 59,354 13,027 46,327 - 2014(A) MADISON PLAZA CA 5,874 23,476 4,980 5,874 28,456 34,330 16,743 17,587 - 1998(A) MARINA VILLAGE CA 14,108 27,414 8,051 14,108 35,465 49,573 2,817 46,756 - 2023(A) NORTH COUNTY PLAZA CA 10,205 28,934 785 20,895 19,028 39,923 5,816 34,107 - 2014(A) NOVATO FAIR S.C. CA 9,260 15,600 2,244 9,260 17,844 27,104 8,465 18,639 - 2009(A) ON THE CORNER AT STEVENS CREEK CA 1,825 4,641 2 1,825 4,642 6,467 464 6,003 - 2021(A) PLAZA DI NORTHRIDGE CA 12,900 40,575 1,798 12,900 42,373 55,273 19,185 36,088 - 2005(A) POWAY CITY CENTRE CA 5,855 13,792 9,252 7,248 21,652 28,900 11,734 17,166 - 2005(A) RANCHO PENASQUITOS TOWNE CTR I CA 14,852 20,342 808 14,852 21,150 36,002 5,622 30,380 - 2015(A) RANCHO PENASQUITOS TWN CTR II CA 12,945 20,324 860 12,945 21,183 34,128 5,536 28,592 - 2015(A) RANCHO PENASQUITOS-VONS PROP. CA 2,918 9,146 - 2,918 9,146 12,064 1,241 10,823 - 2019(A) RANCHO SAN MARCOS VILLAGE CA 9,050 29,357 6,926 9,483 35,850 45,333 2,777 42,556 - 2021(A) REDWOOD CITY PLAZA CA 2,552 6,215 5,901 2,552 12,116 14,668 3,744 10,924 - 2009(A) SAN DIEGO CARMEL MOUNTAIN CA 5,323 8,874 (1,898 ) 5,323 6,976 12,299 2,719 9,580 - 2009(A) SAN MARCOS PLAZA CA 1,883 12,044 3,074 1,883 15,118 17,001 1,124 15,877 - 2021(A) SANTEE TROLLEY SQUARE CA 40,209 62,964 309 40,209 63,274 103,483 23,003 80,480 - 2015(A) SILVER CREEK PLAZA CA 33,541 53,176 246 33,541 53,423 86,964 5,533 81,431 - 2021(A) SOUTH NAPA MARKET PLACE CA 1,100 22,159 21,848 23,119 21,988 45,107 14,220 30,887 - 2006(A) SOUTHAMPTON CENTER CA 10,289 64,096 195 10,289 64,291 74,580 6,112 68,468 20,053 2021(A) STANFORD RANCH CA 10,584 30,007 3,166 9,983 33,774 43,757 8,690 35,067 - 2014(A) STEVENS CREEK CENTRAL S.C. CA 41,818 45,886 540 41,818 46,427 88,245 5,891 82,354 - 2021(A) STONY POINT PLAZA CA 10,361 38,054 (229 ) 10,361 37,824 48,185 3,922 44,263 - 2021(A) TRUCKEE CROSSROADS CA 2,140 28,325 (18,609 ) 2,140 9,716 11,856 6,387 5,469 - 2006(A) TUSTIN HEIGHTS SHOPPING CENTER CA 16,745 30,953 5,880 16,745 36,834 53,579 2,214 51,365 - 2023(A) WESTLAKE SHOPPING CENTER CA 16,174 64,819 116,460 16,174 181,279 197,453 77,758 119,695 - 2002(A) WESTMINSTER CENTER CA 60,428 64,973 907 60,428 65,880 126,308 10,475 115,833 48,075 2021(A) WHITTWOOD TOWN CENTER CA 57,136 105,815 4,780 57,139 110,591 167,730 27,690 140,040 - 2017(A) CROSSING AT STONEGATE CO 11,909 33,111 231 11,909 33,343 45,252 3,471 41,781 - 2021(A) DENVER WEST 38TH STREET CO 161 647 332 161 979 1,140 761 379 - 1998(A) EAST BANK S.C. CO 1,501 6,180 8,417 1,501 14,597 16,098 5,448 10,650 - 1998(A) EDGEWATER MARKETPLACE CO 7,807 32,706 537 7,807 33,243 41,050 3,217 37,833 - 2021(A) ENGLEWOOD PLAZA CO 806 3,233 1,081 806 4,314 5,120 2,678 2,442 - 1998(A) GREELEY COMMONS CO 3,313 20,070 4,467 3,313 24,536 27,849 7,488 20,361 - 2012(A) HERITAGE WEST S.C. CO 1,527 6,124 2,856 1,527 8,979 10,506 5,560 4,946 - 1998(A) HIGHLANDS RANCH II CO 3,515 11,756 1,515 3,515 13,271 16,786 4,465 12,321 - 2013(A) HIGHLANDS RANCH VILLAGE S.C. CO 8,135 21,580 1,212 5,337 25,591 30,928 7,455 23,473 - 2011(A) LOWRY TOWN CENTER CO 3,271 32,685 858 3,271 33,543 36,814 3,085 33,729 - 2021(A) MARKET AT SOUTHPARK CO 9,783 20,780 6,256 9,783 27,035 36,818 8,412 28,406 - 2011(A) NORTHRIDGE SHOPPING CENTER CO 4,933 16,496 4,389 8,934 16,883 25,817 8,357 17,460 - 2013(A) QUINCY PLACE S.C. CO 1,148 4,608 3,081 1,148 7,689 8,837 4,826 4,011 - 1998(A) RIVER POINT AT SHERIDAN CO 13,223 30,444 1,390 12,331 32,726 45,057 6,156 38,901 - 2021(A) RIVER POINT AT SHERIDAN II CO 1,255 4,231 - 1,255 4,231 5,486 487 4,999 - 2021(A) VILLAGE CENTER - HIGHLAND RANCH CO 1,140 2,660 284 1,140 2,944 4,084 757 3,327 - 2014(A) VILLAGE CENTER WEST CO 2,011 8,361 826 2,011 9,186 11,197 2,496 8,701 - 2011(A) VILLAGE ON THE PARK CO 2,194 8,886 20,019 3,018 28,081 31,099 9,384 21,715 - 1998(A) BRIGHT HORIZONS CT 1,212 4,611 128 1,212 4,740 5,952 1,713 4,239 - 2012(A) HAMDEN MART CT 13,668 40,890 6,784 14,226 47,116 61,342 13,565 47,777 17,580 2016(A) HOME DEPOT PLAZA CT 7,705 30,798 4,206 7,705 35,004 42,709 22,022 20,687 - 1998(A) NEWTOWN S.C. CT - 15,635 425 - 16,059 16,059 3,835 12,224 - 2014(A) WEST FARM SHOPPING CENTER CT 5,806 23,348 20,688 7,585 42,257 49,842 23,677 26,165 - 1998(A) WILTON CAMPUS CT 10,169 31,893 2,845 10,169 34,739 44,908 10,666 34,242 - 2013(A) WILTON RIVER PARK SHOPPING CTR CT 7,155 27,509 1,264 7,155 28,772 35,927 8,680 27,247 - 2012(A) BRANDYWINE COMMONS DE - 36,057 (548 ) - 35,509 35,509 9,785 25,724 - 2014(A) ARGYLE VILLAGE FL 5,228 36,814 294 5,228 37,108 42,336 5,113 37,223 - 2021(A) BELMART PLAZA FL 1,656 3,394 5,818 1,656 9,212 10,868 2,306 8,562 - 2014(A) BOCA LYONS PLAZA FL 13,280 37,751 309 13,280 38,061 51,341 3,796 47,545 - 2021(A) CAMINO SQUARE FL 574 2,296 (395 ) 734 1,742 2,476 39 2,437 - 1992(A) CARROLLWOOD COMMONS FL 5,220 16,884 4,765 5,220 21,649 26,869 13,162 13,707 - 1997(A) CENTER AT MISSOURI AVENUE FL 294 792 6,973 294 7,765 8,059 2,657 5,402 - 1968(C) CHEVRON OUTPARCEL FL 531 1,253 - 531 1,253 1,784 487 1,297 - 2010(A) COLONIAL PLAZA FL 25,516 54,604 5,782 25,516 60,385 85,901 8,975 76,926 - 2021(A) CORAL POINTE S.C. FL 2,412 20,508 1,015 2,412 21,523 23,935 5,307 18,628 - 2015(A) CORAL SQUARE PROMENADE FL 710 2,843 4,212 710 7,054 7,764 5,005 2,759 - 1994(A) CORSICA SQUARE S.C. FL 7,225 10,757 354 7,225 11,111 18,336 3,185 15,151 - 2015(A) COUNTRYSIDE CENTRE FL 11,116 41,581 1,662 11,116 43,243 54,359 5,170 49,189 - 2021(A) CURLEW CROSSING SHOPPING CTR FL 5,316 12,529 1,003 3,312 15,536 18,848 8,151 10,697 - 2005(A) DANIA POINTE FL 105,113 - 35,582 26,094 114,600 140,694 12,789 127,905 - 2016(C) DANIA POINTE - PHASE II (3) FL - - 273,761 26,715 247,046 273,761 19,551 254,210 - 2016(C) EMBASSY LAKES FL 6,565 18,104 694 6,565 18,797 25,362 1,705 23,657 - 2021(A) FLAGLER PARK FL 26,163 80,737 6,379 26,725 86,554 113,279 33,786 79,493 - 2007(A) FT LAUDERDALE #1, FL FL 1,003 2,602 18,506 1,774 20,337 22,111 13,102 9,009 - 1974(C) FT. LAUDERDALE/CYPRESS CREEK FL 14,259 28,042 4,384 14,259 32,425 46,684 14,403 32,281 - 2009(A) GRAND OAKS VILLAGE FL 7,409 19,654 675 5,846 21,892 27,738 6,839 20,899 - 2011(A) GROVE GATE S.C. FL 366 1,049 793 366 1,842 2,208 1,699 509 - 1968(C) IVES DAIRY CROSSING FL 733 4,080 11,713 721 15,806 16,527 11,307 5,220 - 1985(A) KENDALE LAKES PLAZA FL 18,491 28,496 (377 ) 15,362 31,248 46,610 11,907 34,703 - 2009(A) LARGO PLAZA FL 23,571 63,604 137 23,571 63,742 87,313 7,956 79,357 - 2021(A) MAPLEWOOD PLAZA FL 1,649 6,626 2,104 1,649 8,729 10,378 5,689 4,689 - 1997(A) MARATHON SHOPPING CENTER FL 2,413 8,069 3,525 1,515 12,491 14,006 2,685 11,321 - 2013(A) MERCHANTS WALK FL 2,581 10,366 11,137 2,581 21,503 24,084 13,163 10,921 - 2001(A) MILLENIA PLAZA PHASE II FL 7,711 20,703 6,031 7,698 26,748 34,446 11,942 22,504 - 2009(A) MILLER ROAD S.C. FL 1,138 4,552 4,736 1,138 9,288 10,426 6,569 3,857 - 1986(A) MILLER WEST PLAZA FL 6,726 10,661 396 6,726 11,057 17,783 2,995 14,788 - 2015(A) MISSION BELL SHOPPING CENTER FL 5,056 11,843 8,816 5,067 20,648 25,715 9,244 16,471 - 2004(A) NASA PLAZA FL - 1,754 5,313 - 7,067 7,067 4,944 2,123 - 1968(C) OAK TREE PLAZA FL - 917 2,526 - 3,443 3,443 2,998 445 - 1968(C) OAKWOOD BUSINESS CTR-BLDG 1 FL 6,793 18,663 4,325 6,793 22,988 29,781 9,701 20,080 - 2009(A) OAKWOOD PLAZA NORTH FL 35,301 141,731 2,930 35,301 144,661 179,962 30,423 149,539 - 2016(A) OAKWOOD PLAZA SOUTH FL 11,127 40,592 73 11,127 40,665 51,792 9,371 42,421 - 2016(A) PALMS AT TOWN & COUNTRY FL 30,137 94,674 2,345 30,137 97,019 127,156 10,313 116,843 - 2021(A) PALMS AT TOWN & COUNTRY LIFESTYLE FL 26,597 92,088 611 26,597 92,699 119,296 9,901 109,395 - 2021(A) PARK HILL PLAZA FL 10,764 19,264 1,826 10,764 21,089 31,853 6,694 25,159 - 2011(A) PHILLIPS CROSSING FL - 53,536 460 - 53,996 53,996 6,248 47,748 - 2021(A) PLANTATION CROSSING FL 2,782 8,077 3,345 2,782 11,423 14,205 2,523 11,682 - 2017(A) POMPANO POINTE S.C. FL 10,517 14,356 641 10,517 14,997 25,514 3,279 22,235 - 2012(A) RENAISSANCE CENTER FL 9,104 36,541 14,853 9,123 51,374 60,497 27,234 33,263 - 1998(A) RIVERPLACE SHOPPING CTR. FL 7,503 31,011 3,290 7,200 34,604 41,804 13,796 28,008 - 2010(A) RIVERSIDE LANDINGS S.C. FL 3,512 14,440 838 3,512 15,278 18,790 3,809 14,981 - 2015(A) SEA RANCH CENTRE FL 3,298 21,259 340 3,298 21,598 24,896 2,324 22,572 - 2021(A) SHOPPES AT DEERFIELD FL 19,069 69,485 (43 ) 19,069 69,441 88,510 7,812 80,698 - 2021(A) SHOPPES AT DEERFIELD II FL 788 6,388 10 788 6,397 7,185 609 6,576 - 2021(A) SHOPS AT SANTA BARBARA PHASE 1 FL 743 5,374 242 743 5,616 6,359 1,459 4,900 - 2015(A) SHOPS AT SANTA BARBARA PHASE 2 FL 332 2,489 46 332 2,535 2,867 657 2,210 - 2015(A) SHOPS AT SANTA BARBARA PHASE 3 FL 330 2,359 118 330 2,476 2,806 574 2,232 - 2015(A) SODO S.C. FL - 68,139 6,562 142 74,559 74,701 27,766 46,935 - 2008(A) SOUTH MIAMI S.C. FL 1,280 5,134 5,120 1,280 10,254 11,534 6,034 5,500 - 1995(A) SUNSET 19 S.C. FL 12,460 55,354 108 12,460 55,462 67,922 6,373 61,549 - 2021(A) TJ MAXX PLAZA FL 10,341 38,660 195 10,341 38,855 49,196 4,152 45,044 - 2021(A) TRI-CITY PLAZA FL 2,832 11,329 24,300 2,832 35,629 38,461 10,219 28,242 - 1992(A) TUTTLEBEE PLAZA FL 255 828 2,910 255 3,738 3,993 2,551 1,442 - 2008(A) UNIVERSITY TOWN CENTER FL 5,515 13,041 579 5,515 13,621 19,136 5,136 14,000 - 2011(A) VILLAGE COMMONS S.C. FL 2,026 5,106 2,032 2,026 7,138 9,164 2,422 6,742 - 2013(A) VILLAGE COMMONS SHOPPING CENTER FL 2,192 8,774 7,950 2,192 16,724 18,916 8,768 10,148 - 1998(A) VILLAGE GREEN CENTER FL 11,405 13,466 140 11,405 13,607 25,012 2,160 22,852 16,852 2021(A) VIZCAYA SQUARE FL 5,773 20,965 252 5,773 21,217 26,990 2,430 24,560 - 2021(A) WELLINGTON GREEN COMMONS FL 19,528 32,521 85 19,528 32,605 52,133 3,831 48,302 14,598 2021(A) WELLINGTON GREEN PAD SITES FL 3,854 1,777 3,046 3,854 4,823 8,677 383 8,294 - 2021(A) WINN DIXIE-MIAMI FL 2,990 9,410 (52 ) 3,544 8,804 12,348 2,214 10,134 - 2013(A) WINTER PARK CORNERS FL 5,191 42,530 151 5,191 42,681 47,872 3,833 44,039 - 2021(A) BRAELINN VILLAGE GA 7,315 20,739 19 3,731 24,342 28,073 6,665 21,408 - 2014(A) BROWNSVILLE COMMONS GA 593 5,488 (12 ) 593 5,475 6,068 611 5,457 - 2021(A) CAMP CREEK MARKETPLACE II GA 4,441 38,596 212 4,441 38,808 43,249 4,045 39,204 - 2021(A) EMBRY VILLAGE GA 18,147 33,010 4,714 18,161 37,710 55,871 25,553 30,318 - 2008(A) GRAYSON COMMONS GA 2,600 13,358 4 2,600 13,362 15,962 1,653 14,309 - 2021(A) LAKESIDE MARKETPLACE GA 2,238 28,579 1,251 2,238 29,830 32,068 2,969 29,099 - 2021(A) LAWRENCEVILLE MARKET GA 8,878 29,691 1,695 9,060 31,204 40,264 10,828 29,436 - 2013(A) MARKET AT HAYNES BRIDGE GA 4,881 21,549 3,249 4,890 24,788 29,678 10,353 19,325 - 2008(A) PERIMETER EXPO PROPERTY GA 14,770 44,295 2,582 16,142 45,506 61,648 11,302 50,346 - 2016(A) PERIMETER VILLAGE GA 5,418 67,522 (215 ) 5,418 67,307 72,725 7,224 65,501 25,828 2021(A) RIVERWALK MARKETPLACE GA 3,512 18,863 403 3,388 19,390 22,778 4,463 18,315 - 2015(A) ROSWELL CORNERS GA 4,536 47,054 702 4,536 47,756 52,292 4,447 47,845 - 2021(A) ROSWELL CROSSING GA 6,270 45,338 297 6,270 45,635 51,905 4,796 47,109 - 2021(A) CLIVE PLAZA IA 501 2,002 - 501 2,002 2,503 1,433 1,070 - 1996(A) HAWTHORN HILLS SQUARE IL 6,784 33,034 3,652 6,784 36,687 43,471 14,164 29,307 - 2012(A) PLAZA DEL PRADO IL 10,204 28,410 1,670 10,172 30,113 40,285 7,282 33,003 - 2017(A) SKOKIE POINTE IL - 2,276 9,794 2,628 9,442 12,070 5,472 6,598 - 1997(A) GREENWOOD S.C. IN 423 1,883 21,522 1,641 22,187 23,828 6,142 17,686 - 1970(C) FESTIVAL ON JEFFERSON COURT KY 5,627 26,790 349 5,627 27,139 32,766 3,761 29,005 - 2021(A) ADAMS PLAZA MA 2,089 3,227 251 2,089 3,478 5,567 1,008 4,559 - 2014(A) BROADWAY PLAZA MA 6,485 343 - 6,485 343 6,828 244 6,584 - 2014(A) FALMOUTH PLAZA MA 2,361 13,066 2,012 2,361 15,078 17,439 3,692 13,747 - 2014(A) FELLSWAY PLAZA MA 5,300 11,014 1,304 5,300 12,319 17,619 3,556 14,063 - 2014(A) FESTIVAL OF HYANNIS S.C. MA 15,038 40,683 2,936 15,038 43,618 58,656 12,924 45,732 - 2014(A) GLENDALE SQUARE MA 4,699 7,141 741 4,699 7,882 12,581 2,237 10,344 - 2014(A) LINDEN PLAZA MA 4,628 3,535 701 4,628 4,235 8,863 1,922 6,941 - 2014(A) MAIN ST. PLAZA MA 556 2,139 (33 ) 523 2,139 2,662 781 1,881 - 2014(A) MEMORIAL PLAZA MA 16,411 27,554 1,333 16,411 28,887 45,298 6,888 38,410 - 2014(A) MILL ST. PLAZA MA 4,195 6,203 1,445 4,195 7,647 11,842 1,929 9,913 - 2014(A) MORRISSEY PLAZA MA 4,097 3,751 2,761 4,097 6,512 10,609 943 9,666 - 2014(A) NORTH AVE. PLAZA MA 1,164 1,195 302 1,164 1,497 2,661 489 2,172 - 2014(A) NORTH QUINCY PLAZA MA 6,333 17,954 (102 ) 3,894 20,291 24,185 4,889 19,296 - 2014(A) PARADISE PLAZA MA 4,183 12,195 1,281 4,183 13,476 17,659 4,086 13,573 - 2014(A) VINNIN SQUARE IN-LINE MA 582 2,095 28 582 2,123 2,705 488 2,217 - 2014(A) VINNIN SQUARE PLAZA MA 5,545 16,324 569 5,545 16,893 22,438 5,632 16,806 - 2014(A) WASHINGTON ST. PLAZA MA 11,008 5,652 10,543 12,958 14,245 27,203 4,913 22,290 - 2014(A) WASHINGTON ST. S.C. MA 7,381 9,987 3,388 7,381 13,374 20,755 3,412 17,343 - 2014(A) WAVERLY PLAZA MA 1,215 3,623 1,174 1,203 4,810 6,013 1,225 4,788 - 2014(A) CENTRE COURT-GIANT MD 3,854 12,770 128 3,854 12,898 16,752 4,573 12,179 2,935 2011(A) CENTRE COURT-OLD COURT/COURTYD MD 2,279 5,285 96 2,279 5,381 7,660 1,681 5,979 - 2011(A) CENTRE COURT-RETAIL/BANK MD 1,035 7,786 892 1,035 8,678 9,713 2,489 7,224 181 2011(A) COLUMBIA CROSSING MD 3,613 34,345 3,689 3,613 38,035 41,648 8,457 33,191 - 2015(A) COLUMBIA CROSSING II SHOP.CTR. MD 3,138 19,868 4,614 3,138 24,482 27,620 6,480 21,140 - 2013(A) COLUMBIA CROSSING OUTPARCELS MD 1,279 2,871 49,620 14,854 38,916 53,770 6,913 46,857 - 2011(A) DORSEY'S SEARCH VILLAGE CENTER MD 6,322 27,996 1,093 6,322 29,089 35,411 6,620 28,791 - 2015(A) ENCHANTED FOREST S.C. MD 20,124 34,345 2,114 20,124 36,459 56,583 9,522 47,061 - 2014(A) FULLERTON PLAZA MD 14,238 6,744 16,672 14,238 23,416 37,654 4,342 33,312 - 2014(A) GAITHERSBURG S.C. MD 245 6,788 2,051 245 8,839 9,084 5,437 3,647 - 1999(A) GREENBRIER S.C. MD 8,891 30,305 1,247 8,891 31,552 40,443 8,176 32,267 - 2014(A) HARPER'S CHOICE MD 8,429 18,374 2,071 8,429 20,445 28,874 5,217 23,657 - 2015(A) HICKORY RIDGE MD 7,184 26,948 1,405 7,184 28,354 35,538 6,115 29,423 - 2015(A) HICKORY RIDGE (SUNOCO) MD 543 2,122 - 543 2,122 2,665 567 2,098 - 2015(A) INGLESIDE S.C. MD 10,417 17,889 1,013 10,417 18,902 29,319 5,175 24,144 - 2014(A) KENTLANDS MARKET SQUARE MD 20,167 84,615 19,921 20,167 104,536 124,703 19,110 105,593 - 2016(A) KINGS CONTRIVANCE MD 9,308 31,760 1,768 9,308 33,527 42,835 9,690 33,145 - 2014(A) LAUREL PLAZA MD 350 1,398 6,745 1,571 6,921 8,492 3,580 4,912 - 1995(A) LAUREL PLAZA MD 275 1,101 174 275 1,275 1,550 1,275 275 - 1972(C) MILL STATION DEVELOPMENT MD 21,321 - 69,798 16,103 75,016 91,119 6,050 85,069 - 2015(C) MILL STATION THEATER/RSTRNTS MD 23,379 1,090 (3,531 ) 14,738 6,200 20,938 2,279 18,659 - 2016(C) PIKE CENTER MD - 61,389 22,134 21,849 61,674 83,523 4,846 78,677 - 2021(A) PUTTY HILL PLAZA MD 4,192 11,112 1,322 4,192 12,434 16,626 4,408 12,218 - 2013(A) RADCLIFFE CENTER MD 12,043 21,188 163 12,043 21,351 33,394 6,410 26,984 - 2014(A) RIVERHILL VILLAGE CENTER MD 16,825 23,282 1,192 16,825 24,473 41,298 7,326 33,972 - 2014(A) SHAWAN PLAZA MD 4,466 20,222 (33 ) 4,466 20,188 24,654 14,319 10,335 - 2008(A) SHOPS AT DISTRICT HEIGHTS MD 8,166 21,971 (1,412 ) 7,298 21,427 28,725 4,543 24,182 - 2015(A) SNOWDEN SQUARE S.C. MD 1,929 4,558 5,155 3,326 8,316 11,642 2,673 8,969 - 2012(A) TIMONIUM CROSSING MD 2,525 14,863 1,304 2,525 16,167 18,692 3,817 14,875 - 2014(A) TIMONIUM SQUARE MD 6,000 24,283 13,360 7,311 36,332 43,643 19,845 23,798 - 2003(A) TOWSON PLACE MD 43,887 101,765 7,879 43,271 110,260 153,531 33,638 119,893 - 2012(A) VILLAGES AT URBANA MD 3,190 6 20,609 4,829 18,976 23,805 4,686 19,119 - 2003(A) WILDE LAKE MD 1,468 5,870 26,747 2,577 31,508 34,085 13,695 20,390 - 2002(A) WILKENS BELTWAY PLAZA MD 9,948 22,126 2,652 9,948 24,778 34,726 6,036 28,690 - 2014(A) YORK ROAD PLAZA MD 4,277 37,206 485 4,277 37,690 41,967 8,998 32,969 - 2014(A) THE FOUNTAINS AT ARBOR LAKES MN 28,585 66,699 15,879 29,485 81,678 111,163 38,701 72,462 - 2006(A) CENTER POINT S.C. MO - 550 - - 550 550 550 - - 1998(A) BRENNAN STATION NC 7,750 20,557 (476 ) 6,322 21,510 27,832 7,336 20,496 - 2011(A) BRENNAN STATION OUTPARCEL NC 628 1,666 (196 ) 450 1,648 2,098 488 1,610 - 2011(A) CAPITAL SQUARE NC 3,528 12,159 33 3,528 12,193 15,721 2,089 13,632 - 2021(A) CLOVERDALE PLAZA NC 541 720 7,530 541 8,250 8,791 4,760 4,031 - 1969(C) CROSSROADS PLAZA NC 768 3,099 1,384 768 4,483 5,251 2,764 2,487 - 2000(A) CROSSROADS PLAZA NC 13,406 86,456 5,331 13,843 91,349 105,192 24,303 80,889 - 2014(A) DAVIDSON COMMONS NC 2,979 12,860 862 2,979 13,722 16,701 4,400 12,301 - 2012(A) FALLS POINTE NC 4,049 27,415 190 4,049 27,605 31,654 2,633 29,021 - 2021(A) HIGH HOUSE CROSSING NC 3,604 10,950 322 3,604 11,271 14,875 1,477 13,398 - 2021(A) HOPE VALLEY COMMONS NC 3,743 16,808 249 3,743 17,057 20,800 1,768 19,032 - 2021(A) JETTON VILLAGE SHOPPES NC 3,875 10,292 790 2,144 12,813 14,957 4,054 10,903 - 2011(A) LEESVILLE TOWNE CENTRE NC 5,693 37,053 262 5,693 37,316 43,009 3,847 39,162 - 2021(A) MOORESVILLE CROSSING NC 12,014 30,604 398 11,333 31,684 43,017 15,108 27,909 - 2007(A) NORTHWOODS S.C. NC 2,696 9,397 (83 ) 2,696 9,314 12,010 1,077 10,933 - 2021(A) PARK PLACE SC NC 5,461 16,163 5,034 5,470 21,188 26,658 10,816 15,842 - 2008(A) PLEASANT VALLEY PROMENADE NC 5,209 20,886 24,824 5,209 45,710 50,919 27,077 23,842 - 1993(A) QUAIL CORNERS NC 7,318 26,676 2,383 7,318 29,060 36,378 7,464 28,914 - 2014(A) SIX FORKS S.C. NC - 78,366 (2 ) - 78,364 78,364 7,819 70,545 - 2021(A) STONEHENGE MARKET NC 3,848 37,900 1,785 3,848 39,685 43,533 3,177 40,356 - 2021(A) TYVOLA SQUARE NC - 4,736 9,499 - 14,235 14,235 11,143 3,092 - 1986(A) WOODLAWN MARKETPLACE NC 919 3,571 3,342 919 6,913 7,832 5,084 2,748 - 2008(A) WOODLAWN SHOPPING CENTER NC 2,011 5,834 1,856 2,011 7,690 9,701 2,597 7,104 - 2012(A) ROCKINGHAM PLAZA NH 2,661 10,644 24,569 3,149 34,725 37,874 18,984 18,890 - 2008(A) WEBSTER SQUARE NH 11,683 41,708 9,330 11,683 51,038 62,721 12,732 49,989 - 2014(A) WEBSTER SQUARE - DSW NH 1,346 3,638 132 1,346 3,770 5,116 881 4,235 - 2017(A) WEBSTER SQUARE NORTH NH 2,163 6,511 171 2,163 6,683 8,846 1,753 7,093 - 2016(A) CENTRAL PLAZA NJ 3,170 10,603 2,116 5,145 10,744 15,889 4,578 11,311 - 2013(A) CLARK SHOPRITE 70 CENTRAL AVE NJ 3,497 11,694 995 13,960 2,226 16,186 1,656 14,530 - 2013(A) COMMERCE CENTER EAST NJ 1,519 5,080 1,753 7,235 1,117 8,352 868 7,484 - 2013(A) COMMERCE CENTER WEST NJ 386 1,290 161 794 1,043 1,837 345 1,492 - 2013(A) COMMONS AT HOLMDEL NJ 16,538 38,760 10,585 16,538 49,345 65,883 22,387 43,496 - 2004(A) EAST WINDSOR VILLAGE NJ 9,335 23,778 1,245 9,335 25,023 34,358 10,411 23,947 - 2008(A) GARDEN STATE PAVILIONS NJ 7,531 10,802 29,752 12,204 35,882 48,086 12,202 35,884 - 2011(A) HILLVIEW SHOPPING CENTER NJ 16,008 32,607 2,274 16,008 34,880 50,888 8,629 42,259 - 2014(A) HOLMDEL TOWNE CENTER NJ 10,825 43,301 12,010 10,825 55,310 66,135 31,376 34,759 - 2002(A) MAPLE SHADE NJ - 9,958 2,329 - 12,287 12,287 4,449 7,838 - 2009(A) NORTH BRUNSWICK PLAZA NJ 3,205 12,820 30,886 3,205 43,706 46,911 26,558 20,353 - 1994(A) PISCATAWAY TOWN CENTER NJ 3,852 15,411 1,733 3,852 17,144 20,996 11,255 9,741 - 1998(A) PLAZA AT HILLSDALE NJ 7,602 6,994 1,658 7,602 8,652 16,254 2,958 13,296 - 2014(A) PLAZA AT SHORT HILLS NJ 20,155 11,062 1,806 20,155 12,868 33,023 3,789 29,234 - 2014(A) RIDGEWOOD S.C. NJ 450 2,107 1,303 450 3,410 3,860 2,356 1,504 - 1993(A) SHOP RITE PLAZA NJ 2,418 6,364 3,285 2,418 9,649 12,067 7,793 4,274 - 1985(C) UNION CRESCENT III NJ 7,895 3,011 28,966 8,697 31,175 39,872 23,646 16,226 - 2007(A) WESTMONT PLAZA NJ 602 2,405 20,757 602 23,163 23,765 9,734 14,031 - 1994(A) WILLOWBROOK PLAZA NJ 15,320 40,997 10,873 15,320 51,869 67,189 13,611 53,578 - 2009(A) NORTH TOWNE PLAZA - ALBUQUERQUE NM 3,598 33,327 269 3,598 33,596 37,194 3,704 33,490 - 2021(A) CHARLESTON COMMONS NV 29,704 24,267 437 29,704 24,704 54,408 5,812 48,596 - 2021(A) COLLEGE PARK S.C.-N LAS VEGAS NV 2,100 18,413 210 2,100 18,623 20,723 2,545 18,178 - 2021(A) D'ANDREA MARKETPLACE NV 11,556 29,435 927 11,556 30,362 41,918 12,928 28,990 - 2007(A) DEL MONTE PLAZA NV 2,489 5,590 1,287 2,210 7,156 9,366 3,835 5,531 - 2006(A) DEL MONTE PLAZA ANCHOR PARCEL NV 6,513 17,600 219 6,520 17,812 24,332 3,630 20,702 - 2017(A) FRANCISCO CENTER NV 1,800 10,085 2,038 1,800 12,123 13,923 1,605 12,318 - 2021(A) GALENA JUNCTION NV 8,931 17,503 1,749 8,931 19,251 28,182 6,026 22,156 - 2015(A) MCQUEEN CROSSINGS NV 5,017 20,779 1,102 5,017 21,881 26,898 8,969 17,929 - 2015(A) RANCHO TOWNE & COUNTRY NV 7,785 13,364 (56 ) 7,785 13,308 21,093 1,705 19,388 - 2021(A) REDFIELD PROMENADE NV 4,415 32,035 (3,054 ) 4,415 28,980 33,395 8,143 25,252 - 2015(A) SPARKS MERCANTILE NV 6,222 17,069 451 6,222 17,519 23,741 5,867 17,874 - 2015(A) 501 NORTH BROADWAY NY - 1,176 (50 ) - 1,126 1,126 559 567 - 2007(A) AIRPORT PLAZA NY 22,711 107,012 6,297 22,711 113,308 136,019 29,260 106,759 - 2015(A) BELLMORE S.C. NY 1,272 3,184 1,837 1,272 5,021 6,293 2,928 3,365 - 2004(A) BIRCHWOOD PLAZA COMMACK NY 3,630 4,775 1,442 3,630 6,218 9,848 2,703 7,145 - 2007(A) BRIDGEHAMPTON COMMONS-W&E SIDE NY 1,812 3,107 43,237 1,858 46,298 48,156 27,913 20,243 - 1972(C) CARMAN'S PLAZA NY 12,558 37,290 3,174 12,562 40,460 53,022 2,653 50,369 - 2022(A) CHAMPION FOOD SUPERMARKET NY 758 1,875 (25 ) 2,241 367 2,608 264 2,344 - 2012(A) ELMONT S.C. NY 3,012 7,606 6,885 3,012 14,491 17,503 5,790 11,713 - 2004(A) ELMSFORD CENTER 2 NY 4,076 15,599 1,118 4,245 16,548 20,793 5,948 14,845 - 2013(A) FAMILY DOLLAR UNION TURNPIKE NY 909 2,250 244 1,057 2,346 3,403 736 2,667 - 2012(A) FOREST AVENUE PLAZA NY 4,559 10,441 3,084 4,559 13,525 18,084 5,407 12,677 - 2005(A) FRANKLIN SQUARE S.C. NY 1,079 2,517 3,984 1,079 6,501 7,580 2,696 4,884 - 2004(A) GREAT NECK OUTPARCEL NY 4,019 - 74 4,019 74 4,093 - 4,093 - 2022(A) GREENRIDGE PLAZA NY 2,940 11,812 9,872 3,148 21,477 24,625 11,957 12,668 - 1997(A) HAMPTON BAYS PLAZA NY 1,495 5,979 3,550 1,495 9,529 11,024 8,638 2,386 - 1989(A) HICKSVILLE PLAZA NY 3,543 8,266 2,629 3,543 10,895 14,438 5,461 8,977 - 2004(A) INDEPENDENCE PLAZA NY 12,279 34,814 513 16,132 31,474 47,606 10,756 36,850 - 2014(A) JERICHO COMMONS SOUTH NY 12,368 33,071 4,119 12,368 37,190 49,558 15,779 33,779 768 2007(A) KEY FOOD - 21ST STREET NY 1,091 2,700 (165 ) 1,669 1,957 3,626 578 3,048 - 2012(A) KEY FOOD - ATLANTIC AVE NY 2,273 5,625 509 4,809 3,598 8,407 1,297 7,110 - 2012(A) KEY FOOD - CENTRAL AVE. NY 2,788 6,899 (395 ) 2,603 6,689 9,292 2,061 7,231 - 2012(A) KINGS HIGHWAY NY 2,744 6,811 2,060 2,744 8,872 11,616 4,613 7,003 - 2004(A) KISSENA BOULEVARD SHOPPING CTR NY 11,610 2,933 1,894 11,610 4,827 16,437 1,450 14,987 - 2007(A) LITTLE NECK PLAZA NY 3,277 13,161 6,505 3,277 19,666 22,943 10,992 11,951 - 2003(A) MANETTO HILL PLAZA NY 264 584 17,499 264 18,083 18,347 8,791 9,556 - 1969(C) MANHASSET CENTER NY 4,567 19,166 33,543 3,472 53,804 57,276 34,823 22,453 - 1999(A) MARKET AT BAY SHORE NY 12,360 30,708 7,943 12,360 38,651 51,011 18,308 32,703 - 2006(A) MASPETH QUEENS-DUANE READE NY 1,872 4,828 1,037 1,872 5,865 7,737 2,680 5,057 - 2004(A) MILLERIDGE INN NY 7,500 481 14 7,500 496 7,996 75 7,921 - 2015(A) MINEOLA CROSSINGS NY 4,150 7,521 1,006 4,150 8,527 12,677 3,213 9,464 - 2007(A) NORTH MASSAPEQUA S.C. NY 1,881 4,389 (1,685 ) - 4,586 4,586 4,350 236 - 2004(A) OCEAN PLAZA NY 564 2,269 8 564 2,277 2,841 1,212 1,629 - 2003(A) RALPH AVENUE PLAZA NY 4,414 11,340 4,055 4,414 15,395 19,809 7,193 12,616 - 2004(A) RICHMOND S.C. NY 2,280 9,028 22,052 2,280 31,080 33,360 18,486 14,874 - 1989(A) ROMAINE PLAZA NY 782 1,826 588 782 2,414 3,196 1,131 2,065 - 2005(A) SEQUAMS SHOPPING CENTER NY 3,971 8,654 (67 ) 3,971 8,587 12,558 391 12,167 - 2022(A) SHOPRITE S.C. NY 872 3,488 - 872 3,488 4,360 2,780 1,580 - 1998(A) STOP & SHOP NY 21,661 17,636 - 21,661 17,636 39,297 658 38,639 10,892 2022(A) SMITHTOWN PLAZA NY 3,528 7,364 670 3,437 8,124 11,561 4,019 7,542 - 2009(A) SOUTHGATE SHOPPING CENTER NY 18,822 62,670 (1,299 ) 18,829 61,364 80,193 2,971 77,222 19,135 2022(A) SYOSSET CORNERS NY 6,169 13,302 25 6,169 13,328 19,497 675 18,822 - 2022(A) SYOSSET S.C. NY 107 76 3,046 107 3,122 3,229 1,544 1,685 - 1990(C) THE BOULEVARD NY 28,724 38,232 258,349 28,724 296,583 325,307 32,304 293,003 - 2006(A) THE GARDENS AT GREAT NECK NY 27,956 71,366 55 27,962 71,414 99,376 4,968 94,408 16,888 2022(A) THE GREEN COVE PLAZA NY 17,017 39,206 (232 ) 17,017 38,974 55,991 1,963 54,028 11,249 2022(A) THE MARKETPLACE NY 4,498 9,850 15 4,498 9,864 14,362 483 13,879 4,994 2022(A) TOWNPATH CORNER NY 2,675 6,408 52 2,675 6,460 9,135 367 8,768 - 2022(A) TURNPIKE PLAZA NY 2,472 5,839 970 2,472 6,809 9,281 2,406 6,875 - 2011(A) VETERANS MEMORIAL PLAZA NY 5,968 23,243 22,893 5,980 46,124 52,104 21,758 30,346 - 1998(A) WHITE PLAINS S.C. NY 1,778 4,454 2,964 1,778 7,418 9,196 3,226 5,970 - 2004(A) WOODBURY COMMON NY 27,249 28,516 (178 ) 27,249 28,338 55,587 1,771 53,816 16,132 2022(A) JANTZEN BEACH CENTER OR 57,575 102,844 4,052 57,588 106,883 164,471 25,005 139,466 - 2017(A) CENTER SQUARE SHOPPING CENTER PA 732 2,928 1,225 691 4,194 4,885 3,207 1,678 - 1996(A) CRANBERRY TOWNSHIP-PARCEL 1&2 PA 10,271 30,770 3,183 6,070 38,154 44,224 8,787 35,437 - 2016(A) CROSSROADS PLAZA PA 789 3,155 14,408 976 17,377 18,353 12,070 6,283 - 1986(A) DEVON VILLAGE PA 4,856 25,847 988 5,608 26,084 31,692 9,213 22,479 - 2012(A) FISHTOWN CROSSING PA 20,398 22,602 243 20,401 22,842 43,243 2,884 40,359 - 2022(A) HARRISBURG EAST SHOPPING CTR. PA 453 6,665 12,250 3,003 16,365 19,368 10,169 9,199 - 2002(A) HORSHAM POINT PA 3,813 18,189 674 3,813 18,863 22,676 4,258 18,418 - 2015(A) LINCOLN SQUARE PA 90,479 - 76,429 10,533 156,376 166,909 17,369 149,540 - 2017(C) NORRITON SQUARE PA 686 2,665 5,715 774 8,293 9,067 5,727 3,340 - 1984(A) POCONO PLAZA PA 1,050 2,373 18,493 1,050 20,866 21,916 3,129 18,787 - 1973(C) SHOPPES AT WYNNEWOOD PA 7,479 - 3,676 7,479 3,676 11,155 731 10,424 - 2015(C) SHREWSBURY SQUARE S.C. PA 8,066 16,998 (1,555 ) 6,172 17,338 23,510 4,720 18,790 - 2014(A) SPRINGFIELD S.C. PA 920 4,982 14,083 920 19,065 19,985 13,174 6,811 - 1983(A) SUBURBAN SQUARE PA 70,680 166,351 85,342 71,280 251,093 322,373 79,755 242,618 - 2007(A) TOWNSHIP LINE S.C. PA 732 2,928 - 732 2,928 3,660 2,052 1,608 - 1996(A) WAYNE PLAZA PA 6,128 15,605 925 6,136 16,522 22,658 7,013 15,645 - 2008(A) WEXFORD PLAZA PA 6,414 9,775 14,488 6,299 24,378 30,677 7,937 22,740 - 2010(A) WHITEHALL MALL PA - 5,196 - - 5,196 5,196 3,641 1,555 - 1996(A) WHITELAND TOWN CENTER PA 732 2,928 59 732 2,987 3,719 2,111 1,608 - 1996(A) WHOLE FOODS AT WYNNEWOOD PA 15,042 - 11,785 13,772 13,055 26,827 1,893 24,934 - 2014(C) LOS COLOBOS - BUILDERS SQUARE PR 4,405 9,628 (538 ) 4,461 9,034 13,495 8,453 5,042 - 2006(A) LOS COLOBOS - KMART PR 4,595 10,120 (827 ) 4,402 9,486 13,888 8,528 5,360 - 2006(A) LOS COLOBOS I PR 12,891 26,047 1,468 13,613 26,793 40,406 14,450 25,956 - 2006(A) LOS COLOBOS II PR 14,894 30,681 1,438 15,142 31,871 47,013 17,556 29,457 - 2006(A) MANATI VILLA MARIA SC PR 2,781 5,673 1,851 2,607 7,698 10,305 4,914 5,391 - 2006(A) PLAZA CENTRO - COSTCO PR 3,628 10,752 (455 ) 3,866 10,059 13,9 |
Schedule IV - Mortgage Loans on
Schedule IV - Mortgage Loans on Real Estate | 12 Months Ended |
Dec. 31, 2023 | |
Notes to Financial Statements | |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block] | SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE As of December 31, 2023 (in thousands) Description Interest Rate Final Maturity Date Periodic Payment Terms (a) Prior Liens Original Face Amount of Mortgages Carrying Amount of Mortgages (b) Mortgage Loans: Retail Gresham, OR 8.00 % Apr-24 I $ - $ 25,000 $ 25,000 Apopka, FL 14.00 % Dec-24 I - 11,211 11,211 Lynwood, CA 9.00 % Jun-25 I - 16,463 16,463 Crystal Lake, IL (i) 10.50 % Nov-26 I - 7,308 7,308 Jacksonville, FL 10.00 % Nov-26 I - 15,000 15,000 San Antonio, TX 12.50 % Sep-27 I - 21,500 16,359 Fairfax, VA 8.00 % May-29 I - 14,000 14,000 Euless, TX 10.00 % Jun-29 I - 19,600 19,600 Individually < 3% (c) (d) (e) I - 6,485 6,485 Nonretail Individually < 3% (f) (g) (h) P&I - 1,854 305 Other Financing Loans: Nonretail Borrower A 7.00 % Mar-31 P&I - 397 314 Allowance for Credit losses: - - (1,300 ) $ - $ 138,818 $ 130,745 (a) I = Interest only; P&I = Principal & Interest. (b) The aggregate cost for Federal income tax purposes was approximately $130.7 million as of December 31, 2023. (c) Comprised of two separate loans with original loan amounts ranging from $3.1 million to $3.4 million. (d) Interest rates range from 7.00% to 12.00%. (e) Maturity dates range from May 2033 October 2053. (f) Comprised of two separate loans with original loan amounts ranging from $0.5 million to $1.9 million. (g) Interest rates range from 6.88% to 7.41%. (h) Maturity dates range from October 2026 December 2030. (i) There was an outstanding undrawn mortgage loan balance of $7.0 million as of December 31, 2023, For a reconciliation of mortgage and other financing receivables from January 1, 2021 December 31, 2023, 11 Notes to the Consolidated Financial Statements included in this Form 10 The Company reviews payment status to identify performing versus non-performing loans. As of December 31, 2023, 13 The following table reconciles mortgage loans and other financing receivables from January 1, 2021 December 31, 2023 ( 2023 2022 2021 Balance at January 1, $ 87,359 $ 73,102 $ 32,246 Additions: New mortgage and other loans (1) 43,519 75,063 55,307 Deductions: Loan repayments (2) (35 ) (60,211 ) (13,646 ) Collections of principal (98 ) (95 ) (130 ) Allowance for credit losses - (500 ) (370 ) Other adjustments - - (305 ) Balance at December 31, $ 130,745 $ 87,359 $ 73,102 ( 1 During 2021, ( 2 During 2022, |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2023 | |
Accounting Policies [Abstract] | |
Business and Organization, Policy [Policy Text Block] | Business and Organization Kimco Realty Corporation and its subsidiaries (the “Parent Company”) operates as a Real Estate Investment Trust (“REIT”), of which substantially all of the Parent Company’s assets are held by, and substantially all of the Parent Company’s operations are conducted through, Kimco Realty OP, LLC (“Kimco OP”), either directly or through its subsidiaries, as the Parent Company’s operating company. The Parent Company is the managing member and exercises exclusive control over Kimco OP. As of December 31, 2023, The Company is North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets. The Company’s portfolio is primarily concentrated in the first not The Company elected status as a REIT for federal income tax purposes commencing with its taxable year which began January 1, 1992 90% 100% January 2023, 10 not may not 24 RPT Merger On August 28, 2023, January 2, 2024, Under the terms of the Merger Agreement, each RPT common share was converted into 0.6049 of a newly issued share of the Company’s common stock, together with cash in lieu of fractional shares, and each 7.25% Series D Cumulative Convertible Perpetual Preferred Share of RPT was converted into the right to receive one one one 2023, 28 |
Coronavirus Disease 2019 [Policy Text Block] | Economic Conditions The economy continues to face several issues including inflation risk, liquidity constraints, the lack of qualified employees, tenant bankruptcies and supply chain disruptions, which could impact the Company and its tenants. In response to the rising rate of inflation the Federal Reserve steadily increased interest rates and has kept them at elevated levels. The Federal Reserve may Any of these events could materially adversely impact the Company’s business, financial condition, results of operations or stock price. The Company continues to monitor economic, financial, and social conditions and will assess its asset portfolio for any impairment indicators. If the Company determines that any of its assets are impaired, the Company would be required to take impairment charges, and such amounts could be material. |
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation This report combines the annual reports on Form 10 December 31, 2023, |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates GAAP requires the Company's management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses during a reporting period. The most significant assumptions and estimates relate to the valuation of real estate and related intangible assets and liabilities, equity method investments, other investments, including the assessment of impairments, as well as, depreciable lives, revenue recognition, and the collectability of trade accounts receivable. Application of these assumptions requires the exercise of judgment as to future uncertainties, and, as a result, actual results could differ from these estimates. |
Subsequent Events, Policy [Policy Text Block] | Subsequent Events The Company has evaluated subsequent events and transactions for potential recognition or disclosure in its consolidated financial statements (see Footnotes 18 28 |
Real Estate, Policy [Policy Text Block] | Real Estate Real estate assets are stated at cost, less accumulated depreciation and amortization. The Company periodically assesses the useful lives of its depreciable real estate assets, including those expected to be redeveloped in future periods, and accounts for any revisions prospectively. Expenditures for maintenance, repairs and demolition costs are charged to operations as incurred. Significant renovations and replacements, which improve or extend the life of the asset, are capitalized. The Company evaluates each acquisition transaction to determine whether the acquired asset meets the definition of a business and therefore accounted for as a business combination or if the acquisition transaction should be accounted for as an asset acquisition. Under Business Combinations (Topic 805 not not 805 10, not 28 Transaction costs related to acquisitions that qualify as asset acquisitions are capitalized as part of the cost basis of the acquired assets, while transaction costs for acquisitions that are deemed to be acquisitions of a business are expensed as incurred. When substantially all of the fair value is not In both a business combination and an asset acquisition, the Company allocates the purchase price of acquired properties to tangible and identifiable intangible assets or liabilities based on their respective fair values. The fair value of any tangible real estate assets acquired is determined by valuing the building as if it were vacant, and the fair value is then allocated to land, buildings, and improvements based on available information including replacement cost, appraisal or using net operating income capitalization rates, discounted cash flow analysis or similar fair value models. Fair value estimates are also made using significant assumptions such as capitalization rates, discount rates, fair market lease rates, land values per square foot and other market data. Estimates of future cash flows are based on a number of factors including the historical operating results, known and anticipated trends, and market and economic conditions. Tangible assets may may In allocating the purchase price to identified intangible assets and liabilities of acquired properties, the value of above-market and below-market leases is estimated based on the present value of the difference between the contractual amounts, including fixed rate below-market lease renewal options, to be paid pursuant to the leases and management’s estimate of the market lease rates and other lease provisions (e.g., expense recapture, base rental changes) measured over a period equal to the estimated remaining term of the lease. The capitalized above-market or below-market intangible is amortized to rental income over the estimated remaining term of the respective leases, which includes the expected renewal option period for below-market leases. Mortgage debt discounts or premiums are amortized into interest expense over the remaining term of the related debt instrument. In determining the value of in-place leases, management considers current market conditions and costs to execute similar leases in arriving at an estimate of the carrying costs during the expected lease-up period from vacant to existing occupancy. In estimating carrying costs, management includes real estate taxes, insurance, other operating expenses, estimates of lost rental revenue during the expected lease-up periods and costs to execute similar leases including leasing commissions, legal and other related costs based on current market demand. The value assigned to in-place leases and tenant relationships is amortized over the estimated remaining term of the leases. If a lease were to be terminated prior to its scheduled expiration, all unamortized costs relating to that lease would be written off. The useful lives of amortizable intangible assets are evaluated each reporting period with any changes in estimated useful lives being accounted for over the revised remaining useful life. Depreciation and amortization are provided on the straight-line method over the estimated useful lives of the assets, as follows: Buildings and building improvements (in years) 5 50 Fixtures, leasehold and tenant improvements (including certain identified intangible assets) Terms of leases or useful lives, whichever is shorter The difference between the fair value and the face value of debt assumed, if any, in connection with an acquisition is recorded as a premium or discount and is amortized on a straight-line basis, which approximates the effective interest method, over the terms of the related debt agreements. The fair value of debt is estimated based upon contractual future cash flows discounted using borrowing spreads and market interest rates that would have been available for debt with similar terms and maturities. Real estate under development represents the development of open-air shopping center projects, which may no one may The Company's policy is to classify real estate assets as held-for-sale if the (i) asset is under contract, (ii) the buyer’s deposit is non-refundable, (iii) due diligence has expired and (iv) management believes it is probable that the disposition will occur within one On a continuous basis, management assesses whether there are any indicators, including property operating performance, changes in anticipated holding period and general market conditions, that the value of the real estate properties (including any related amortizable intangible assets or liabilities) may third not third |
Equity Method Investments [Policy Text Block] | Investments in Unconsolidated Joint Ventures The Company accounts for its investments in unconsolidated joint ventures under the equity method of accounting as the Company exercises significant influence, but does not The Company’s joint ventures primarily consist of co-investments with institutional and other joint venture partners in open-air shopping center or mixed-use properties, consistent with its core business. These joint ventures typically obtain non-recourse third December 31, 2023, not To recognize the character of distributions from equity investees within its Consolidated Statements of Cash Flows, all distributions received are presumed to be returns on investment and classified as cash inflows from operating activities unless the Company’s cumulative distributions received less distributions received in prior periods that were determined to be returns of investment exceed its cumulative equity in earnings recognized by the investor (as adjusted for amortization of basis differences). When such an excess occurs, the current-period distribution up to this excess is considered a return of investment and classified as cash inflows from investing. In a business combination, the fair value of the Company’s investment in an unconsolidated joint venture is calculated using the fair value of the real estate held by the joint venture, which are valued using similar methods as described in the Company’s Real Estate policy above, offset by the fair value of the debt on the property which is then multiplied by the Company’s equity ownership percentage. On a continuous basis, management assesses whether there are any indicators, including the underlying investment property operating performance and general market conditions, that the value of the Company’s investments in unconsolidated joint ventures may |
Investment, Policy [Policy Text Block] | Other Investments Other investments primarily consist of preferred equity investments for which the Company provides capital to owners and developers of real estate. The Company typically accounts for its preferred equity investments on the equity method of accounting, whereby earnings for each investment are recognized in accordance with each respective investment agreement and based upon an allocation of the investment’s net assets at book value as if the investment was hypothetically liquidated at the end of each reporting period. On a continuous basis, management assesses whether there are any indicators, including the underlying investment property operating performance and general market conditions, that the value of the Company’s Other investments may The Company’s estimated fair values are based upon a discounted cash flow model for each investment that includes all estimated cash inflows and outflows over a specified holding period and, where applicable, any estimated debt premiums. Capitalization rates, discount rates and credit spreads utilized in these models are based upon rates that the Company believes to be within a reasonable range of current market rates. |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents include demand deposits in banks, commercial paper and certificates of deposit with original maturities of three may, Restricted cash is deposits held or restricted for a specific use. The Company had restricted cash totaling $3.2 million and $2.9 million at December 31, 2023 2022, |
Marketable Securities, Policy [Policy Text Block] | Marketable Securities The Company classifies its marketable equity securities as available-for-sale in accordance with the FASB’s Investments-Debt and Equity Securities guidance. In accordance with ASC Topic 825 Financial Instruments: |
Financing Receivable [Policy Text Block] | Mortgage and Other Financing Receivables Mortgages and other financing receivables consist of loans acquired and loans originated by the Company, which are included within Other assets on the Company’s Consolidated Balance Sheets. Borrowers of these loans are primarily experienced owners, operators or developers of commercial real estate. The Company’s loans are primarily mortgage loans that are collateralized by real estate. Mortgages and other financing receivables are recorded at stated principal amounts, net of any discount or premium or deferred loan origination costs or fees. The related discounts or premiums on mortgages and other loans purchased are amortized or accreted over the life of the related loan receivable. The Company applies Accounting Standards Update (“ASU”) 2016 13 Financial Instruments Credit Losses (Topic 326 On a quarterly basis, the Company reviews credit quality indicators such as (i) payment status to identify performing versus non-performing loans, (ii) changes affecting the underlying real estate collateral and (iii) national and regional economic factors. The Company has determined that it has one not Interest income on performing loans is accrued as earned. Accrued interest receivable is included in Accounts and notes receivable, net on the Company’s Consolidated Balance Sheets. A non-performing loan is placed on non-accrual status when it is probable that the borrower may 90 |
Tax Incremental Revenue Bonds [Policy Text Block] | Tax Increment Revenue Bonds Other assets include Series B tax increment revenue bonds issued by the Sheridan Redevelopment Agency in connection with the development of a project in Sheridan, Colorado, which mature on December 15, 2039. The held to maturity bonds are evaluated for credit losses based on discounted estimated future cash flows. Any future receipts in excess of the amortized basis will be recognized as revenue when received. The credit risk associated with the amortized value of these bonds is deemed as low risk as the bonds are earmarked for repayments from a government entity which are funded through sales and property taxes. |
Deferred Charges, Policy [Policy Text Block] | Deferred Leasing Costs Initial direct leasing costs include commissions paid to third Internal employee compensation, payroll-related benefits and certain external legal fees are considered indirect costs associated with the execution of lease agreements. These indirect leasing costs are expensed in accordance with ASU 2016 02, Leases (Topic 842 2016 02” Software Development Costs Expenditures for major software purchases and software developed for internal use are capitalized and amortized on a straight-line basis generally over a period of three ten Deferred Financing Costs Costs incurred in obtaining long-term financing, included in Notes payable, net and Mortgages payable, net in the accompanying Consolidated Balance Sheets, are amortized on a straight-line basis, which approximates the effective interest method, over the terms of the related debt agreements, as applicable. |
Revenue [Policy Text Block] | Revenue, Trade Accounts Receivable and Gain Recognition The Company determines the proper amount of revenue to be recognized in accordance with ASU 2014 09, Revenue from Contracts with Customers (Topic 606 606” December 31, 2023 2022, no The Company’s primary sources of revenues are derived from lease agreements which fall under the scope of ASU 2016 02, Leases (Topic 842 842” 606, 606 Revenues from rental properties, net Revenues from rental properties, net are comprised of minimum base rent, percentage rent, lease termination fee income, amortization of above-market and below-market rent adjustments and straight-line rent adjustments. The Company accounts for lease and non-lease components as combined components under Topic 842. Base rental revenues from rental properties are recognized on a straight-line basis over the terms of the related leases. Certain of these leases also provide for percentage rents based upon the level of sales achieved by the lessee. These percentage rents are recognized once the required sales level is achieved. Rental income may Also included in Revenues from rental properties, net are ancillary income and TIF income. Ancillary income is derived through various agreements relating to parking lots, clothing bins, temporary storage, vending machines, ATMs, trash bins and trash collections, seasonal leases, etc. The majority of the revenue derived from these sources is through lease agreements/arrangements and is recognized in accordance with the lease terms described in the lease. The Company has TIF agreements with certain municipalities and receives payments in accordance with the agreements. TIF reimbursement income is recognized on a cash basis when received. Management and other fee income Property management fees, property acquisition and disposition fees, construction management fees, leasing fees and asset management fees all fall within the scope of Topic 606. third Leasing fee income is recognized as a single performance obligation primarily upon the rent commencement date. The Company believes the leasing services it provides are similar for each available space leased and none Property acquisition and disposition fees are recognized when the Company satisfies a performance obligation upon acquiring control of a property or transferring control of a property. These fees are billed subsequent to the acquisition or sale of the property and payment is due upon receipt. Construction management fees are recognized as a single performance obligation (managing the construction of the project) composed of a series of distinct services. The Company believes that the overall service of construction management is substantially the same each day and has the same pattern of performance over the term of the agreement. As a result, each day of service represents a performance obligation satisfied at that point in time. These fees are based on the amount spent on the construction at the end of each period for services performed during that period, primarily billed to the customer monthly with payment due upon receipt. Trade Accounts Receivable The Company reviews its trade accounts receivable, related to base rents, straight-line rent, expense reimbursements and other revenues for collectability. The Company evaluates the probability of the collection of the lessee’s total accounts receivable, including the corresponding straight-line rent receivable balance on a lease-by-lease basis. The Company’s analysis of its accounts receivable includes (i) customer credit worthiness, (ii) assessment of risk associated with the tenant, and (iii) current economic trends. In addition, tenants in bankruptcy are analyzed and considerations are made in connection with the expected recovery of pre-petition and post-petition bankruptcy claims. If a lessee’s accounts receivable balance is considered uncollectible, the Company will write-off the uncollectible receivable balances associated with the lease and will only recognize lease income on a cash basis. The Company includes provision for doubtful accounts in Revenues from rental properties, net, in accordance with Topic 842. 842, 450 Contingencies not may Gains/losses on sale of properties Gains and losses from the sale and/or transfer of nonfinancial assets, such as real estate property, are to be recognized when control of the asset transfers to the buyer, which will occur when the buyer has the ability to direct the use of or obtain substantially all of the remaining benefits from the asset. This generally occurs when the transaction closes and consideration is exchanged for control of the property. |
Leases [Policy Text Block] | Lessee Leases The Company accounts for its leases in accordance with Topic 842. ROU assets and lease liabilities are recognized at the commencement date of the lease and liabilities are determined based on the estimated present value of the Company’s minimum lease payments under its lease agreements. Variable lease payments are excluded from the lease liabilities and corresponding ROU assets, as they are recognized in the period in which the obligation for those payments is incurred. Certain of the Company’s leases have renewal options for which the Company assesses whether it is reasonably certain the Company will exercise these renewal options. Lease payments associated with renewal options that the Company is reasonably certain will be exercised are included in the measurement of the lease liabilities and corresponding ROU assets. The discount rate used to determine the lease liabilities is based on the estimated incremental borrowing rate on a lease-by-lease basis. When calculating the incremental borrowing rates, the Company utilized data from (i) its recent debt issuances, (ii) publicly available data for instruments with similar characteristics, (iii) observable mortgage rates and (iv) unlevered property yields and discount rates. The Company then applied adjustments to account for considerations related to term and security that may not 10 |
Income Tax, Policy [Policy Text Block] | Income Taxes The Company elected to qualify as a REIT for federal income tax purposes commencing with its taxable year January 1, 1992 not 856 860 100% The Company maintains certain subsidiaries which made joint elections with the Company to be treated as taxable REIT subsidiaries (“TRSs”), which permit the Company to engage through such TRSs in certain business activities that the REIT may not may Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The Company provides a valuation allowance for deferred tax assets for which it does not not. The Company reviews the need to establish a valuation allowance against deferred tax assets on a quarterly basis. The review includes an analysis of various factors, such as future reversals of existing taxable temporary differences, the capacity for the carryback or carryforward of any losses, the expected occurrence of future income or loss and available tax planning strategies. The Company applies the FASB’s guidance relating to uncertainty in income taxes recognized in a Company’s financial statements. Under this guidance the Company may not fifty |
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block] | Noncontrolling Interests The Company accounts for noncontrolling interests in accordance with the Consolidation guidance and the Distinguishing Liabilities from Equity guidance issued by the FASB. Noncontrolling interests represent the portion of equity that the Company does not Noncontrolling interests also include amounts related to partnership units issued by consolidated subsidiaries of the Company in connection with certain property acquisitions. These units have a stated redemption value or a defined redemption amount based upon the trading price of the Company’s common stock and provides the unit holders various rates of return during the holding period. The unit holders generally have the right to redeem their units for cash at any time after one The Company evaluates the terms of the partnership units issued in accordance with the FASB’s Distinguishing Liabilities from Equity guidance. Convertible units for which the Company has the option to settle redemption amounts in cash or common stock are included in the caption Noncontrolling interests within the equity section on the Company’s Consolidated Balance Sheets. Units which embody a conditional obligation requiring the Company to redeem the units for cash after a specified or determinable date (or dates) or upon the occurrence of an event that is not In a business combination, the fair value of the noncontrolling interest in a consolidated joint venture is calculated using the fair value of the real estate held by the joint venture, which are valued using similar methods as described in the Company’s Real Estate policy above, offset by the fair value of the debt on the property which is then multiplied by the partners’ noncontrolling share. Contingently redeemable noncontrolling interests are recorded at fair value upon issuance. Any change in the fair value or redemption value of these noncontrolling interests is subsequently recognized through Paid-in capital on the Company’s Consolidated Balance Sheets and is included in the Company’s computation of earnings per share (see Footnote 27 |
Share-Based Payment Arrangement [Policy Text Block] | Stock Compensation In May 2020, 2020 “2020 2010 March 2020. 2020 fourth fifth four five ten fifth one three may 2020 The Company accounts for equity awards in accordance with the FASB’s Stock Compensation guidance which requires that all share-based payments to employees be recognized in the Statements of Income over the service period based on their fair values. Fair value of performance awards is determined using the Monte Carlo method, which is intended to estimate the fair value of the awards at the grant date (see Footnote 22 |
Reclassification, Comparability Adjustment [Policy Text Block] | Reclassifications Certain amounts in the prior period have been reclassified in order to conform to the current period’s presentation. For comparative purposes, for the year ended December 31, 2021, 2021 Operating activities: Straight-line rental income adjustments, net $ (22.6 ) Amortization of above-market and below-market leases, net $ (14.8 ) Amortization of deferred financing costs and fair value debt adjustments, net $ (9.4 ) Change in accounts and notes receivable, net $ 22.6 Change in other operating assets and liabilities, net $ 24.2 |
New Accounting Pronouncements, Policy [Policy Text Block] | New Accounting Pronouncements The following table represents ASUs to the FASB’s ASCs that, as of December 31, 2023, not not ASU Description Effective Date Effect on the financial statements or other significant matters ASU 2022 03, 820 This ASU clarifies the guidance in Topic 820, 820. January 1, 2024; The Company does not ASU 2023 05, 805 60 The amendments in this ASU address the accounting for contributions made to a joint venture, upon formation, in a joint venture’s separate financial statements. To reduce diversity in practice and provide decision-useful information to a joint venture’s investors, these amendments require that a joint venture apply a new basis of accounting upon formation. By applying a new basis of accounting, a joint venture, upon formation, will recognize and initially measure its assets and liabilities at fair value (with exceptions to fair value measurement that are consistent with the business combinations guidance). Additionally, existing joint ventures have the option to apply the guidance retrospectively. January 1, 2025; This ASU does not not ASU 2023 07, 280 The amendments in this ASU improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. In addition, the amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities with a single reportable segment, and contain other disclosure requirements. Fiscal years beginning January 1, 2024, January 1, 2025; There are aspects of this ASU that apply to entities with one not ASU 2023 09, 740 This ASU requires entities to provide additional information in the rate reconciliation and additional disclosures about income taxes paid. The guidance requires public business entities to disclose in their rate reconciliation table additional categories of information about federal, state and foreign income taxes and to provide more details about the reconciling items in some categories if the items meet a quantitative threshold. The guidance requires all entities to disclose annually income taxes paid (net of refunds received) disaggregated by federal (national), state and foreign taxes and to disaggregate the information by jurisdiction based on a quantitative threshold. Fiscal years beginning January 1, 2025, January 1, 2026; The Company will review the extent of new disclosures necessary prior to implementation. Other than additional disclosure, the adoption of this ASU is not The following ASUs to the FASB’s ASCs has been adopted by the Company as of the date listed: ASU Description Adoption Date Effect on the financial statements or other significant matters ASU 2021 08, 805 The amendments in this ASU require acquiring entities to apply Topic 606 805. January 1, 2023 The adoption of this ASU did not |
Note 1 - Summary of Significa_2
Note 1 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] | 2021 Operating activities: Straight-line rental income adjustments, net $ (22.6 ) Amortization of above-market and below-market leases, net $ (14.8 ) Amortization of deferred financing costs and fair value debt adjustments, net $ (9.4 ) Change in accounts and notes receivable, net $ 22.6 Change in other operating assets and liabilities, net $ 24.2 |
Note 2 - Real Estate (Tables)
Note 2 - Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Table Text Block] | December 31, 2023 2022 Land: Developed land $ 4,166,475 $ 4,102,542 Undeveloped land 5,458 16,328 Land held for development 5,864 5,672 Total land 4,177,797 4,124,542 Buildings and improvements: Buildings 10,312,001 10,158,588 Building improvements 2,213,248 2,080,437 Tenant improvements 1,158,919 1,046,969 Fixtures and leasehold improvements 41,055 36,627 Above-market leases 170,513 170,211 In-place leases 864,261 839,868 Total buildings and improvements 14,759,997 14,332,700 Real estate 18,937,794 18,457,242 Accumulated depreciation and amortization (1) (3,842,869 ) (3,417,414 ) Total real estate, net $ 15,094,925 $ 15,039,828 |
Above and Below Market Lease Tenant Relationships Future Amortization Income Expense [Table Text Block] | 2024 2025 2026 2027 2028 Above-market and below-market leases amortization, net $ 13.2 $ 13.8 $ 14.7 $ 14.3 $ 14.0 In-place leases amortization $ (65.5 ) $ (47.5 ) $ (35.2 ) $ (27.5 ) $ (20.3 ) |
Note 3 - Property Acquisitions
Note 3 - Property Acquisitions (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Asset Acquisition [Table Text Block] | Purchase Price Property Name Location Month Acquired Cash Debt Other Total GLA Portfolio (2 properties) (1) Various Jan-23 $ 69,130 $ 19,637 $ 13,019 $ 101,786 342 Crossroads Plaza Parcel Cary, NC Jan-23 2,173 - - 2,173 5 Northridge Shopping Center Parcel Arvada, CO Jan-23 728 - - 728 57 Stafford Marketplace Parcel (2) Stafford, VA Feb-23 - - 12,527 12,527 87 Tustin Heights (1) Tustin, CA Mar-23 26,501 17,550 4,910 48,961 137 Marlton Plaza Parcel Cherry Hill, NJ Jul-23 529 - - 529 - Stonebridge at Potomac Town Center Woodbridge, VA Aug-23 169,840 - 1,667 171,507 504 Big 5 Factoria Parcel Bellevue, WA Oct-23 7,817 - - 7,817 13 $ 276,718 $ 37,187 $ 32,123 $ 346,028 1,145 Month Purchase Price Property Name Location Acquired Cash Debt Other Total GLA Rancho San Marcos Parcel San Marcos, CA Jan-22 $ 2,407 $ - $ - $ 2,407 6 Columbia Crossing Parcel Columbia, MD Feb-22 16,239 - - 16,239 60 Oak Forest Parcel Houston, TX Jun-22 3,846 - - 3,846 4 Devon Village (1) Devon, PA Jun-22 733 - - 733 - Fishtown Crossing Philadelphia, PA Jul-22 39,291 - - 39,291 133 Carman’s Plaza Massapequa, NY Jul-22 51,423 - - 51,423 195 Pike Center (1) Rockville, MD Jul-22 21,850 - - 21,850 - Baybrook Gateway (1) Webster, TX Oct-22 2,978 - - 2,978 - Portfolio (8 Properties) (2) Long Island, NY Nov-22 152,078 88,792 135,663 376,533 536 Gordon Plaza (1) Woodbridge, VA Nov-22 5,573 - - 5,573 - The Gardens at Great Neck (1) Great Neck, NY Dec-22 4,019 - - 4,019 - $ 300,437 $ 88,792 $ 135,663 $ 524,892 934 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | Allocation as of December 31, 2023 Weighted- Average Useful Life (in Years) Allocation as of December 31, 2022 Weighted- Average Useful Life (in Years) Land $ 109,116 n/a $ 207,067 n/a Buildings 166,067 50.0 271,525 50.0 Building improvements 23,846 45.0 13,273 45.0 Tenant improvements 22,675 6.3 11,689 7.9 Solar panels - - 2,308 20.0 In-place leases 47,805 5.2 28,405 6.9 Above-market leases 4,981 6.7 8,408 8.3 Below-market leases (29,271 ) 23.7 (24,069 ) 16.1 Mortgage fair value adjustment - - 9,430 6.5 Other assets 1,777 n/a - n/a Other liabilities (968 ) n/a (3,144 ) n/a Net assets acquired/consolidated $ 346,028 $ 524,892 |
Note 4 - Dispositions of Real_2
Note 4 - Dispositions of Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Disposal Groups, Including Discontinued Operations [Table Text Block] | Year Ended December 31, 2023 2022 2021 Aggregate sales price/gross fair value (1) (2) (3) $ 214.2 $ 191.1 $ 612.4 Gain on sale of properties (3) (4) $ 75.0 $ 15.2 $ 30.8 Number of operating properties sold/deconsolidated (1) (3) 6 9 13 Number of parcels sold 13 13 10 |
Note 5 - Impairments (Tables)
Note 5 - Impairments (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block] | 2023 2022 2021 Properties marketed for sale (1) (2) $ 14.0 $ 21.6 $ 2.7 Other impairments - 0.4 0.9 Total impairment charges $ 14.0 $ 22.0 $ 3.6 |
Note 6 - Investment In and Ad_2
Note 6 - Investment In and Advances to Real Estate Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Equity Method Investments [Table Text Block] | Noncontrolling The Company's Investment Ownership Interest December 31, Joint Venture December 31, 2023 2023 2022 Prudential Investment Program 15.0 % $ 138.7 $ 153.6 Kimco Income Opportunity Portfolio (“KIR”) (1) 52.1 % 286.3 281.5 Canada Pension Plan Investment Board (“CPP”) 55.0 % 204.6 190.8 Other Institutional Joint Ventures Various 247.5 256.8 Other Joint Venture Programs Various 210.7 208.9 Total* $ 1,087.8 $ 1,091.6 |
Joint Venture Investments Accounted For Under The Equity Method Debt Details [Table Text Block] | December 31, 2023 December 31, 2022 Joint Venture Mortgages and Notes Payable, Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* Mortgages and Notes Payable, Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* Prudential Investment Program $ 291.6 6.00 % 24.6 $ 380.1 5.20 % 33.1 KIR 273.4 5.82 % 39.2 297.9 5.46 % 47.2 CPP 81.9 5.12 % 31.0 83.1 6.14 % 43.0 Other Institutional Joint Ventures 234.1 5.76 % 35.7 233.5 4.30 % 47.7 Other Joint Venture Programs 367.9 4.44 % 59.6 388.8 4.10 % 71.8 Total $ 1,248.9 $ 1,383.4 |
Investments in and Advances to Affiliates [Table Text Block] | December 31, 2023 2022 Assets: Real estate, net $ 669.2 $ 668.7 Other assets, net 67.5 72.4 Total Assets $ 736.7 $ 741.1 Liabilities and Members’ Capital: Notes payable, net $ 273.4 $ 272.9 Mortgages payable, net - 25.0 Other liabilities 15.9 13.9 Accumulated other comprehensive income 0.6 - Members’ capital 446.8 429.3 Total Liabilities and Members’ Capital $ 736.7 $ 741.1 December 31, 2023 2022 Assets: Real estate, net $ 3,156.2 $ 3,440.1 Other assets, net 251.6 208.4 Total Assets $ 3,407.8 $ 3,648.5 Liabilities and Members’ Capital: Notes payable, net $ 159.9 $ 159.5 Mortgages payable, net 815.6 925.9 Other liabilities 70.9 78.8 Accumulated other comprehensive income 5.1 6.3 Noncontrolling interests 34.4 33.5 Members’ capital 2,321.9 2,444.5 Total Liabilities and Members’ Capital $ 3,407.8 $ 3,648.5 |
Schedule of Investments in and Advances to Affiliates, Schedule of Investments [Table Text Block] | Year Ended December 31, 2023 2022 2021 Revenues, net $ 174.1 $ 182.5 $ 186.6 Operating expenses (46.7 ) (48.2 ) (51.3 ) Depreciation and amortization (38.5 ) (39.4 ) (40.3 ) Gain on sale of properties - 76.2 - Interest expense (16.8 ) (15.5 ) (18.1 ) Other expense, net (0.6 ) (1.2 ) (2.1 ) Net income $ 71.5 $ 154.4 $ 74.8 Year Ended December 31, 2023 2022 2021 Revenues, net $ 378.4 $ 395.2 $ 340.3 Operating expenses (126.6 ) (126.9 ) (111.7 ) Impairment charges (17.8 ) (21.1 ) (23.5 ) Depreciation and amortization (108.2 ) (119.0 ) (97.2 ) Gain on sale of properties 48.0 24.7 61.5 Interest expense (55.4 ) (38.6 ) (27.6 ) Other expense, net (6.4 ) (6.2 ) (0.9 ) Net income $ 112.0 $ 108.1 $ 140.9 |
Joint Ventures [Member] | |
Notes Tables | |
Equity Method Investments [Table Text Block] | Year Ended December 31, 2023 2022 2021 Prudential Investment Program (1) $ 16.4 $ 9.6 $ 17.5 KIR 34.7 70.3 36.9 CPP 8.7 10.6 9.2 Other Institutional Joint Ventures 2.6 7.0 1.7 Other Joint Venture Programs 9.9 12.0 19.5 Total $ 72.3 $ 109.5 $ 84.8 |
Note 8 - Marketable Securities
Note 8 - Marketable Securities (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Marketable Securities [Table Text Block] | December 31, 2023 2022 Marketable securities: Amortized cost $ 40,110 $ 87,411 Unrealized gains, net 289,947 510,321 Total fair value $ 330,057 $ 597,732 |
Gain (Loss) on Securities [Table Text Block] | Year Ended December 31, 2023 2022 2021 Gain/(loss) on marketable securities, net $ 21,262 $ (315,508 ) $ 505,163 Dividend income (included in Other income, net and Special dividend income) 202,749 18,002 16,958 Year Ended December 31, 2023 2022 2021 Gain/(loss) on marketable securities, net $ 21,262 $ (315,508 ) $ 505,163 Less: Net gain/(loss) recognized related to marketable securities sold 10,614 (15,120 ) - Unrealized gain/(loss) related to marketable securities still held $ 31,876 $ (330,628 ) $ 505,163 |
Note 9 - Accounts and Notes R_2
Note 9 - Accounts and Notes Receivable (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | December 31, 2023 2022 Billed tenant receivables $ 30,444 $ 33,801 Unbilled common area maintenance, insurance and tax reimbursements 55,499 56,001 Deferred rent receivables 578 1,905 Defined benefit plan receivable (1) - 14,421 Other receivables 9,508 8,361 Straight-line rent receivables 211,588 189,737 Total accounts and notes receivable, net $ 307,617 $ 304,226 |
Note 10 - Leases (Tables)
Note 10 - Leases (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Operating Lease, Lease Income [Table Text Block] | Year Ended December 31, 2023 2022 2021 Lease income: Fixed lease income (1) $ 1,409,609 $ 1,353,024 $ 1,045,888 Variable lease income (2) 354,093 339,722 264,040 Above-market and below-market leases amortization, net 17,253 13,591 14,843 Adjustments for potentially uncollectible revenues and disputed amounts (3) (13,898 ) 4,511 24,931 Total lease income $ 1,767,057 $ 1,710,848 $ 1,349,702 |
Lessor, Operating Lease, Payment to be Received, Maturity [Table Text Block] | 2024 2025 2026 2027 2028 Thereafter Minimum revenues $ 1,351.0 $ 1,258.7 $ 1,111.4 $ 938.5 $ 741.7 $ 3,224.1 |
Lease, Cost [Table Text Block] | Operating Leases Finance Leases Weighted-average remaining lease term (in years) 24.0 1.0 Weighted-average discount rate 6.65 % 6.00 % Year Ended December 31, 2023 2022 2021 Lease cost: Finance lease cost $ 1,261 $ 1,294 $ 569 Operating lease cost 14,736 12,994 11,637 Variable lease cost 2,241 4,143 3,972 Total lease cost $ 18,238 $ 18,431 $ 16,178 |
Lessee, Operating Lease, Maturity [Table Text Block] | Year Ending December 31, Operating Leases Financing Leases (1) 2024 $ 11,806 $ 25,890 2025 11,291 - 2026 10,626 - 2027 10,342 - 2028 10,366 - Thereafter 178,334 - Total minimum lease payments $ 232,765 $ 25,890 Less imputed interest (122,780 ) (1,458 ) Total lease liabilities (1) $ 109,985 $ 24,432 |
Note 11 - Other Assets (Tables)
Note 11 - Other Assets (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Issued and Acquired Mortgage Loans and Other Financing Receivables [Table Text Block] | Date Issued Face Amount Interest Rate Maturity Date Nov-23 $ 7.3 10.50% Nov-26 Mar-23 $ 25.0 8.00% Apr-24 Feb-23 $ 11.2 14.00% Dec-24 Jul-22 $ 22.0 10.00% Feb-24 Jun-22 $ 16.5 9.00% Jun-25 Jun-22 $ 19.6 10.00% Jun-29 May-22 $ 14.0 8.00% May-29 Jan-22 $ 3.0 8.00% Jul-22 |
Note 12 - Notes Payable (Tables
Note 12 - Notes Payable (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | Date Issued Amount Issued Interest Rate Maturity Date Oct-23 $ 500.0 6.400% Mar-34 Aug-22 $ 650.0 4.600% Feb-33 Feb-22 $ 600.0 3.200% Apr-32 Date Paid Amount Repaid Interest Rate Maturity Date Sep-22 (1) $ 299.7 3.500% Apr-23 Sep-22 (1) (2) $ 350.0 3.125% Jun-23 Sep-22 (1) (2) $ 299.4 3.375% Oct-22 Mar-22 (3) $ 500.0 3.400% Nov-22 |
Notes Payable [Member] | |
Notes Tables | |
Schedule of Debt [Table Text Block] | Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2023 2022 2023 2022 December 31, 2023 Senior unsecured notes $ 7,303.0 $ 6,803.0 1.90% - 6.88 % 1.90% - 6.88 % Jan-2024 – Oct-2049 Credit facility (1) - - n/a n/a Mar-2027 Fair value debt adjustments, net 24.9 44.4 n/a n/a n/a Deferred financing costs, net (2) (65.0 ) (66.4 ) n/a n/a n/a $ 7,262.9 $ 6,781.0 3.66%* 3.45%* |
Unsecured Debt [Member] | |
Notes Tables | |
Schedule of Maturities of Long-Term Debt [Table Text Block] | 2024 2025 2026 2027 2028 Thereafter Total Principal payments $ 646.2 $ 740.5 $ 773.0 $ 433.7 $ 409.6 $ 4,300.0 $ 7,303.0 |
Note 13 - Mortgages Payable (Ta
Note 13 - Mortgages Payable (Tables) - Mortgages [Member] | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Long-Term Debt Instruments [Table Text Block] | Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2023 2022 2023 2022 December 31, 2023 Mortgages payable $ 355.7 $ 379.3 3.33% - 7.23 % 3.23% - 7.23% May-2024 – Jun-2031 Fair value debt adjustments, net (0.6 ) (0.7 ) n/a n/a n/a Deferred financing costs, net (1.2 ) (1.7 ) n/a n/a n/a $ 353.9 $ 376.9 4.22%* 4.16%* |
Schedule of Maturities of Long-Term Debt [Table Text Block] | 2024 2025 2026 2027 2028 Thereafter Total Principal payments $ 21.3 $ 73.0 $ 7.4 $ 39.0 $ 113.8 $ 101.2 $ 355.7 |
Note 15 - Noncontrolling Inte_2
Note 15 - Noncontrolling Interests and Redeemable Noncontrolling Interests (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Convertible Non-convertible Units [Table Text Block] | Type Par Value Per Unit Number of Units Remaining Return Per Annum Class B-1 Preferred Units (1) $ 10,000 166 7.0% Class B-2 Preferred Units (2) $ 10,000 21 7.0% Class C DownREIT Units (1) $ 30.52 52,797 Equal to the Company’s common stock dividend Type Par Value Per Unit Number of Units Remaining Return Per Annum Preferred Outside Partner Units $ 20.00 3,978,304 3.75 % Common Outside Partner Units $ 20.00 621,758 Equal to the Company’s common stock dividend |
Redeemable Noncontrolling Interest [Table Text Block] | 2023 2022 Balance at January 1, $ 92,933 $ 13,480 Fair value allocation to unitholders/partnership interest (1) - 79,663 Income 5,820 1,770 Distributions (5,820 ) (1,771 ) Redemption/conversion of noncontrolling interests (1) (21,070 ) (209 ) Adjustment to estimated redemption value 414 - Balance at December 31, $ 72,277 $ 92,933 |
Note 16 - Variable Interest E_2
Note 16 - Variable Interest Entities ("VIE") (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Variable Interest Entities [Table Text Block] | December 31, 2023 2022 Number of unencumbered VIEs 28 29 Number of encumbered VIEs 2 3 Total number of consolidated VIEs 30 32 Restricted Assets: Real estate, net $ 379.8 $ 425.5 Cash and cash equivalents 3.9 7.9 Accounts and notes receivable, net 3.6 1.7 Other assets 1.3 1.5 Total Restricted Assets $ 388.6 $ 436.6 VIE Liabilities: Mortgages payable, net $ 97.3 $ 109.7 Accounts payable and accrued expenses 11.4 10.9 Operating lease liabilities 5.0 5.2 Other liabilities 67.2 73.3 Total VIE Liabilities $ 180.9 $ 199.1 |
Note 17 - Fair Value Disclosu_2
Note 17 - Fair Value Disclosure of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Fair Value, by Balance Sheet Grouping [Table Text Block] | December 31, 2023 2022 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Assets: Mortgage and other financing receivables (1) $ 130,745 $ 122,323 $ 87,359 $ 87,359 Liabilities: Notes payable, net (2) $ 7,262,851 $ 6,671,450 $ 6,780,969 $ 5,837,401 Mortgages payable, net (3) $ 353,945 $ 329,955 $ 376,917 $ 311,659 |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | Balance at December 31, 2023 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 330,057 $ 330,057 $ - $ - Liabilities: Embedded derivative liability $ 30,914 $ - $ - $ 30,914 Balance at December 31, 2022 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 597,732 $ 597,732 $ - $ - Liabilities: Embedded derivative liability $ 56,000 $ - $ - $ 56,000 Balance at December 31, 2023 Level 1 Level 2 Level 3 Real estate $ 11,724 $ - $ - $ 11,724 |
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | Fair Value of Embedded Derivative Liability Balance as of January 1, 2023 $ 56,000 Settlements (22,446) Change in fair value (included in Other income, net) (734) Change in fair value (included in Paid-in capital) (1,906) Balance as of December 31, 2023 $ 30,914 |
Note 18 - Preferred Stock, Co_2
Note 18 - Preferred Stock, Common Stock and Convertible Unit Transactions (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Class of Treasury Stock [Table Text Block] | Class of Preferred Stock Depositary Shares Repurchased Purchase Price (in thousands) Class L 43,777 $ 973.4 Class M 23,791 $ 515.9 |
Schedule of Stockholders Equity [Table Text Block] | As of December 31, 2023 Class of Preferred Stock Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Value Optional Redemption Date Class L 10,350 8,902 $ 222,543 5.125 % $ 1.28125 $ 1.00 8/16/2022 Class M 10,580 10,465 261,636 5.250 % $ 1.31250 $ 1.00 12/20/2022 19,367 $ 484,179 As of December 31, 2022 Class of Preferred Stock Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Value Optional Redemption Date Class L 10,350 8,946 $ 223,637 5.125 % $ 1.28125 $ 1.00 8/16/2022 Class M 10,580 10,489 262,231 5.250 % $ 1.31250 $ 1.00 12/20/2022 19,435 $ 485,868 |
Dividends Declared [Table Text Block] | Year Ended December 31, 2023 2022 2021 Common Stock (1) $ 1.02000 $ 0.84000 $ 0.68000 Class L Depositary Shares $ 1.28125 $ 1.28125 $ 1.28125 Class M Depositary Shares $ 1.31250 $ 1.31250 $ 1.31250 |
Note 19 - Supplemental Schedu_2
Note 19 - Supplemental Schedule of Non-cash Investing / Financing Activities (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | 2023 2022 2021 Acquisition of real estate interests: Mortgages debt $ - $ 79,362 $ - Other liabilities $ - $ 59,000 $ - Redeemable noncontrolling interests $ - $ 79,663 $ - Lease modification $ 12,527 $ - $ - Proceeds held in escrow through sale of real estate interests $ 3,524 $ - $ - Disposition of real estate interests through the issuance of mortgage receivables $ 25,000 $ - $ - Deconsolidation of real estate interests through contribution to other investments $ 19,618 $ - $ - Capital expenditures accrual $ 30,892 $ 29,079 $ 34,651 Surrender of common stock $ 16,327 $ 13,790 $ 20,909 Declaration of dividends paid in succeeding period $ 5,308 $ 5,326 $ 5,366 Increase/(decrease) in redeemable noncontrolling interests’ carrying amount $ 414 $ - $ (2,304 ) Lease liabilities arising from obtaining operating right-of-use assets $ 1,481 $ - $ 553 Lease liabilities arising from obtaining financing right-of-use assets $ 3,161 $ - $ - Decrease in embedded derivative liability from extinguishment $ 1,906 $ - $ - Allocation of fair value to noncontrolling interests $ - $ - $ 2,068 Purchase price fair value adjustment to prepaid rent $ - $ - $ 15,620 Decrease in noncontrolling interests from redemption of units for common stock $ - $ 1,613 $ 1,540 Weingarten Merger: Real estate assets $ - $ - $ 5,627,469 Investments in and advances to real estate joint ventures $ - $ - $ 585,382 Notes payable $ - $ - $ (1,497,632 ) Mortgages payable $ - $ - $ (317,671 ) Below-market leases $ - $ - $ (119,373 ) Noncontrolling interests $ - $ - $ (177,039 ) Other assets and liabilities, net $ - $ - $ (154,775 ) Lease liabilities arising from obtaining operating right-of-use assets $ - $ - $ 32,569 Lease liabilities arising from obtaining financing right-of-use assets $ - $ - $ 23,026 Common stock issued in exchange for Weingarten common shares $ - $ - $ (3,738,735 ) Consolidation of Joint Ventures: Increase in real estate and other assets, net $ 54,345 $ - $ 506,266 Increase in mortgages payable, other liabilities and noncontrolling interests $ 37,187 $ - $ 234,091 Deconsolidation of Joint Venture: Decrease in real estate and other assets, net $ - $ - $ 300,099 Decrease in mortgages payable and other liabilities $ - $ - $ 170,000 |
Reconciliation of Cash, Cash Equivalents and Restricted Cash [Table Text Block] | As of December 31, 2023 As of December 31, 2022 Cash and cash equivalents $ 780,518 $ 146,970 Restricted cash 3,239 2,859 Total cash, cash equivalents and restricted cash $ 783,757 $ 149,829 |
Note 22 - Incentive Plans (Tabl
Note 22 - Incentive Plans (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Share-Based Payment Arrangement, Option, Activity [Table Text Block] | Shares Weighted-Average Exercise Price Per Share Aggregate Intrinsic Value (in millions) Options outstanding, January 1, 2021 1,162,321 $ 20.03 $ - Exercised (315,750 ) $ 19.19 $ 1.1 Forfeited (357,816 ) $ 19.01 Options outstanding, December 31, 2021 488,755 $ 21.48 $ 1.5 Exercised (205,871 ) $ 20.56 $ 0.8 Forfeited (750 ) $ 19.70 Options outstanding, December 31, 2022 282,134 $ 22.13 $ - Exercised (173,038 ) $ 21.54 $ 0.1 Forfeited (109,096 ) $ 21.61 Options outstanding, December 31, 2023 - $ - $ - Options exercisable (fully vested) December 31, 2021 488,755 $ 21.48 $ 1.5 December 31, 2022 282,134 $ 22.13 $ - December 31, 2023 - $ - $ - |
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] | 2023 2022 2021 Restricted stock outstanding as of January 1, 2,605,970 2,347,608 2,394,825 Granted (1) 893,880 819,090 754,560 Vested (740,866 ) (511,772 ) (759,665 ) Forfeited (12,868 ) (48,956 ) (42,112 ) Restricted stock outstanding as of December 31, 2,746,116 2,605,970 2,347,608 |
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block] | 2023 2022 2021 Performance share awards outstanding as of January 1, 1,004,040 1,052,100 913,800 Granted (1) 531,200 458,660 545,380 Vested (2) (545,380 ) (506,720 ) (407,080 ) Performance share awards outstanding as of December 31, 989,860 1,004,040 1,052,100 |
Performance Shares [Member] | |
Notes Tables | |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | 2023 2022 2021 Stock price $ 21.30 $ 24.27 $ 17.87 Dividend yield (1) 0 % 0 % 0 % Risk-free rate 4.38 % 1.72 % 0.20 % Volatility (2) 44.89 % 49.07 % 48.41 % Term of the award (years) 2.87 2.87 2.86 |
Note 23 - Defined Benefit Plan
Note 23 - Defined Benefit Plan (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block] | 2023 2022 Change in Projected Benefit Obligation: Benefit obligation at beginning of period $ 26,165 $ 36,995 Interest cost 982 1,052 Settlement payments (25,480 ) - Actuarial gain (189 ) (9,781 ) Benefit payments (1,478 ) (2,101 ) Benefit obligation at end of period $ - $ 26,165 Change in Plan Assets: Fair value of plan assets at beginning of period $ 40,586 $ 43,653 Actual return on plan assets 1,299 (966 ) Excess assets transfer (14,927 ) - Settlement payments (25,480 ) - Benefit payments (1,478 ) (2,101 ) Fair value of plan assets at end of period $ - $ 40,586 Funded status at end of period (included in Accounts and notes receivable) $ - $ 14,421 Accumulated benefit obligation $ - $ 26,165 Net gain recognized in Accumulated other comprehensive income $ 267 $ 10,581 |
Schedule of Net Benefit Costs [Table Text Block] | 2023 2022 Interest cost $ (982 ) $ (1,052 ) Expected return on plan assets 1,221 413 Amortization of net gain - 37 Settlement gain 10,848 - Total $ 11,087 $ (602 ) |
Defined Benefit Plan, Assumptions [Table Text Block] | 2022 Discount rate 4.88 % Salary scale increases N/A Interest credit rate for cash balance plan 4.50 % |
Note 24 - Income Taxes (Tables)
Note 24 - Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Book to Tax Reconciliation [Table Text Block] | 2023 2022 2021 (Estimated) (Actual) (Actual) GAAP net income attributable to the Company $ 654,273 $ 125,976 $ 844,059 GAAP net income attributable to TRSs (64 ) (5,042 ) (23,365 ) GAAP net income from REIT operations (1) 654,209 120,934 820,694 Federal income taxes 50,661 47,328 - Net book depreciation in excess of tax depreciation 95,468 120,446 77,951 Deferred/prepaid/above-market and below-market rents, net (31,982 ) (38,479 ) (31,666 ) Fair market value debt amortization (21,053 ) (38,303 ) (17,961 ) Book/tax differences from executive compensation 31,169 23,248 19,882 Book/tax differences from equity awards (7,157 ) (7,846 ) (3,714 ) Book/tax differences from defined benefit plan 2,948 - (2,948 ) Book/tax differences from investments in and advances to real estate joint ventures 27,163 11,736 16,030 Book/tax differences from sale of properties 177,772 217,797 (50,955 ) Book/tax differences from accounts receivable (4,284 ) (8,430 ) (17,707 ) Book adjustment to property carrying values and marketable equity securities (24,275 ) 335,199 (503,847 ) Taxable currency exchange (loss)/gain, net (2,446 ) 198 1,945 Tangible property regulation deduction (65,000 ) (61,492 ) - GAAP change in ownership of joint venture interests (7,574 ) 45,767 (5,607 ) Dividends from TRSs - 243 23,314 Severance accrual (573 ) (2,065 ) (5,608 ) Other book/tax differences, net (2) 7,803 2,115 (20,299 ) Adjusted REIT taxable income (3) $ 882,849 $ 768,396 $ 299,504 |
Taxable Characteristics of Distributions Paid [Table Text Block] | 2023 2022 2021 Preferred L Dividends Ordinary income $ 11,432 100 % $ 9,657 84 % $ 11,185 97 % Capital gain - - 1,839 16 % 346 3 % $ 11,432 100 % $ 11,496 100 % $ 11,531 100 % Preferred M Dividends Ordinary income $ 13,749 100 % $ 11,615 84 % $ 13,469 97 % Capital gain - - 2,212 16 % 417 3 % $ 13,749 100 % $ 13,827 100 % $ 13,886 100 % Common Dividends Ordinary income $ 622,885 99 % $ 418,725 81 % $ 273,272 77 % Capital gain - - 82,711 16 % 10,647 3 % Return of capital 6,292 1 % 15,508 3 % 70,980 20 % $ 629,177 100 % $ 516,944 100 % $ 354,899 100 % Total dividends distributed for tax purposes $ 654,358 $ 542,267 $ 380,316 |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | 2023 2022 2021 TRSs and taxable entities $ (83 ) $ 533 $ (3,380 ) REIT (1) (60,869 ) (57,187 ) - Total tax provision $ (60,952 ) $ (56,654 ) $ (3,380 ) |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | 2023 2022 Deferred tax assets: Tax/GAAP basis differences $ 3,293 $ 4,165 Net operating losses (1) 4,463 1,836 Valuation allowance (3,776 ) - Total deferred tax assets 3,980 6,001 Deferred tax liabilities (5,843 ) (6,551 ) Net deferred tax liabilities $ (1,863 ) $ (550 ) |
Note 25 - Captive Insurance C_2
Note 25 - Captive Insurance Company (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Unpaid Losses and Loss Adjustments [Table Text Block] | 2023 2022 Balance at the beginning of the year $ 20,202 $ 19,655 Incurred related to: Current year 6,097 5,694 Prior years (1) 2,644 125 Total incurred 8,741 5,819 Paid related to: Current year (817 ) (645 ) Prior years (7,243 ) (4,627 ) Total paid (8,060 ) (5,272 ) Balance at the end of the year $ 20,883 $ 20,202 |
Note 26 - Accumulated Other C_2
Note 26 - Accumulated Other Comprehensive Income ("AOCI") (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | Unrealized Gains Related to Defined Benefit Plan Unrealized Gains Related to Equity Method Investments Total Balance as of January 1, 2023 $ 10,581 $ - $ 10,581 Other comprehensive income before reclassifications 267 3,329 3,596 Amounts reclassified from AOCI (1) (10,848 ) - (10,848 ) Net current-period other comprehensive income (10,581 ) 3,329 (7,252 ) Balance as of December 31, 2023 $ - $ 3,329 $ 3,329 Unrealized Gains Related to Defined Benefit Plan Balance as of January 1, 2022 $ 2,216 Other comprehensive income before reclassifications 8,365 Amounts reclassified from AOCI - Net current-period other comprehensive income 8,365 Balance as of December 31, 2022 $ 10,581 |
Note 27 - Earnings Per Share (T
Note 27 - Earnings Per Share (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | For the Year Ended December 31, 2023 2022 2021 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 629,252 $ 100,758 $ 818,643 Change in estimated redemption value of redeemable noncontrolling interests 2,323 - 2,304 Earnings attributable to participating securities (2,819 ) (2,182 ) (5,346 ) Net income available to the Company’s common shareholders for basic earnings per share 628,756 98,576 815,601 Distributions on convertible units 53 - 3,087 Net income available to the Company’s common shareholders for diluted earnings per share $ 628,809 $ 98,576 $ 818,688 Weighted average common shares outstanding – basic 616,947 615,528 506,248 Effect of dilutive securities (1): Equity awards 1,132 2,283 2,422 Assumed conversion of convertible units 120 47 2,715 Weighted average common shares outstanding – diluted 618,199 617,858 511,385 Net income available to the Company's common shareholders: Basic earnings per share $ 1.02 $ 0.16 $ 1.61 Diluted earnings per share $ 1.02 $ 0.16 $ 1.60 |
Note 28 - Subsequent Events (Ta
Note 28 - Subsequent Events (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable [Table Text Block] | Common Shares (1) OP Units (2) Cumulative Convertible Perpetual Preferred Shares (3) RPT shares/units outstanding as of January 2, 2024 87,675 1,576 1,849 Exchange ratio 0.6049 0.6049 1.0000 Kimco shares/units issued 53,034 953 1,849 Value of Kimco stock per share/unit $ 22.0005 $ 22.0005 $ 57.13 Equity consideration given from Kimco shares/units issued $ 1,166,775 $ 20,975 $ 105,607 |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Calculated Value of RPT Consideration Cash Consideration* Total Value of Consideration As of January 2, 2024 $ 1,293,357 $ 148,881 $ 1,442,238 |
Schedule II - Valuation and Q_2
Schedule II - Valuation and Qualifying Accounts (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Summary of Valuation Allowance [Table Text Block] | Balance at beginning of period Charged to expenses Adjustments to valuation accounts Deductions Balance at end of period Year Ended December 31, 2023 Allowance for uncollectable accounts (1) $ 6,982 $ - $ - $ (2,454 ) $ 4,528 Allowance for deferred tax asset $ - $ - $ 3,776 $ - $ 3,776 Year Ended December 31, 2022 Allowance for uncollectable accounts (1) $ 8,339 $ - $ - $ (1,357 ) $ 6,982 Allowance for deferred tax asset $ 4,067 $ - $ (4,067 ) $ - $ - Year Ended December 31, 2021 Allowance for uncollectable accounts (1) $ 22,377 $ - $ - $ (14,038 ) $ 8,339 Allowance for deferred tax asset $ 36,957 $ - $ (32,890 ) $ - $ 4,067 |
Schedule III - Real Estate an_2
Schedule III - Real Estate and Accumulated Depreciation (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Real Estate Properties [Table Text Block] | INITIAL COST COST CAPITALIZED SUBSEQUENT TO BUILDING TOTAL COST, NET OF DATE OF BUILDING AND ACQUISITION AND ACCUMULATED ACCUMULATED ENCUMBRANCES ACQUISITION(A) DESCRIPTION State LAND IMPROVEMENTS (1) LAND IMPROVEMENTS TOTAL DEPRECIATION DEPRECIATION (2) CONSTRUCTION(C) SHOPPING CENTERS ARCADIA BILTMORE PLAZA AZ $ 850 $ 1,212 $ 68 $ 850 $ 1,280 $ 2,130 $ 286 $ 1,844 $ - 2021(A) BELL CAMINO CENTER AZ 2,427 6,439 1,155 2,427 7,594 10,021 2,966 7,055 - 2012(A) BELL CAMINO-SAFEWAY PARCEL AZ 1,104 4,574 - 1,104 4,574 5,678 667 5,011 - 2019(A) BROADWAY MARKETPLACE AZ 3,517 10,303 529 3,518 10,830 14,348 1,537 12,811 - 2021(A) CAMELBACK MILLER PLAZA AZ 6,236 29,230 790 6,237 30,019 36,256 4,067 32,189 - 2021(A) CAMELBACK VILLAGE SQUARE AZ - 13,038 427 - 13,465 13,465 1,917 11,548 - 2021(A) CHRISTOWN SPECTRUM AZ 33,831 91,004 24,078 76,639 72,274 148,913 21,138 127,775 - 2015(A) COLLEGE PARK SHOPPING CENTER AZ 3,277 7,741 923 3,277 8,663 11,940 3,569 8,371 - 2011(A) DESERT VILLAGE AZ 6,465 22,025 311 6,465 22,336 28,801 2,767 26,034 - 2021(A) ENTRADA DE ORO PLAZA AZ 5,700 11,044 (47 ) 5,700 10,997 16,697 1,521 15,176 - 2021(A) FOUNTAIN PLAZA AZ 4,794 20,373 79 4,794 20,453 25,247 1,929 23,318 - 2021(A) MADERA VILLAGE AZ 3,980 8,110 219 3,980 8,330 12,310 1,266 11,044 - 2021(A) MADISON VILLAGE MARKETPLACE AZ 4,090 18,343 167 4,090 18,510 22,600 2,004 20,596 - 2021(A) MESA RIVERVIEW AZ 15,000 - 143,883 308 158,574 158,882 78,144 80,738 - 2005(C) METRO SQUARE AZ 4,101 16,411 2,799 4,101 19,211 23,312 12,342 10,970 - 1998(A) MONTE VISTA VILLAGE CENTER AZ 4,064 8,344 (11 ) 4,064 8,333 12,397 1,050 11,347 - 2021(A) NORTH VALLEY AZ 6,862 18,201 15,177 4,796 35,444 40,240 9,261 30,979 - 2011(A) PLAZA AT MOUNTAINSIDE AZ 2,450 9,802 2,905 2,450 12,706 15,156 8,510 6,646 - 1997(A) PLAZA DEL SOL AZ 5,325 21,270 2,656 4,578 24,673 29,251 12,107 17,144 - 1998(A) PUEBLO ANOZIRA AZ 7,734 27,063 449 7,734 27,512 35,246 3,153 32,093 11,803 2021(A) RAINTREE RANCH CENTER AZ 7,720 30,743 (129 ) 7,720 30,614 38,334 3,113 35,221 - 2021(A) RED MOUNTAIN GATEWAY AZ 4,653 10,410 3,791 4,653 14,200 18,853 1,144 17,709 - 2021(A) SCOTTSDALE HORIZON AZ 8,191 36,728 1,693 8,191 38,421 46,612 3,861 42,751 - 2021(A) SCOTTSDALE WATERFRONT AZ 15,872 30,112 173 15,872 30,285 46,157 3,726 42,431 - 2021(A) SHOPPES AT BEARS PATH AZ 3,445 2,874 103 3,445 2,977 6,422 369 6,053 - 2021(A) SQUAW PEAK PLAZA AZ 2,515 17,021 71 2,515 17,092 19,607 2,011 17,596 - 2021(A) VILLAGE CROSSROADS AZ 5,663 24,981 1,794 5,663 26,774 32,437 9,129 23,308 - 2011(A) 280 METRO CENTER CA 38,735 94,903 2,014 38,735 96,917 135,652 22,774 112,878 - 2015(A) 580 MARKET PLACE CA 12,769 48,768 287 12,769 49,055 61,824 4,314 57,510 - 2021(A) 8000 SUNSET STRIP S.C. CA 43,012 85,115 1,034 43,012 86,148 129,160 9,710 119,450 - 2021(A) AAA BUILDING AT STEVENS CREEK CA 1,661 3,114 - 1,661 3,114 4,775 333 4,442 - 2021(A) ANAHEIM PLAZA CA 34,228 73,765 6,169 34,228 79,934 114,162 10,398 103,764 - 2021(A) BLACK MOUNTAIN VILLAGE CA 4,678 11,913 2,241 4,678 14,154 18,832 6,344 12,488 - 2007(A) BROOKHURST CENTER CA 10,493 31,358 4,051 22,300 23,602 45,902 6,819 39,083 - 2016(A) BROOKVALE SHOPPING CENTER CA 14,050 19,771 1,241 14,050 21,011 35,061 2,905 32,156 - 2021(A) CAMBRIAN PARK PLAZA CA 41,258 2,015 2,298 41,258 4,313 45,571 810 44,761 - 2021(A) CENTERWOOD PLAZA CA 10,981 10,702 195 10,981 10,897 21,878 1,498 20,380 - 2021(A) CHICO CROSSROADS CA 9,976 30,535 (5,399 ) 7,905 27,207 35,112 12,329 22,783 - 2008(A) CHINO HILLS MARKETPLACE CA 17,702 72,529 967 17,702 73,496 91,198 8,045 83,153 - 2021(A) CITY HEIGHTS CA 10,687 28,325 (435 ) 13,909 24,668 38,577 7,030 31,547 - 2012(A) CORONA HILLS PLAZA CA 13,361 53,373 13,790 13,361 67,163 80,524 43,815 36,709 - 1998(A) COSTCO PLAZA - 541 CA 4,996 19,983 (762 ) 4,996 19,221 24,217 12,714 11,503 - 1998(A) CREEKSIDE CENTER CA 3,871 11,563 2,696 5,154 12,975 18,129 2,404 15,725 - 2016(A) CROCKER RANCH CA 7,526 24,878 (107 ) 7,526 24,770 32,296 6,315 25,981 - 2015(A) CUPERTINO VILLAGE CA 19,886 46,535 27,949 19,886 74,484 94,370 27,845 66,525 - 2006(A) EL CAMINO PROMENADE CA 7,372 37,592 5,200 7,372 42,792 50,164 4,268 45,896 - 2021(A) FREEDOM CENTRE CA 8,933 18,622 125 8,933 18,746 27,679 2,637 25,042 - 2021(A) FULTON MARKET PLACE CA 2,966 6,921 16,928 6,280 20,535 26,815 6,679 20,136 - 2005(A) GATEWAY AT DONNER PASS CA 4,516 8,319 14,671 8,759 18,747 27,506 3,825 23,681 - 2015(A) GATEWAY PLAZA CA 18,372 65,851 (334 ) 18,372 65,516 83,888 6,197 77,691 23,363 2021(A) GREENHOUSE MARKETPLACE CA 10,976 27,721 101 10,976 27,822 38,798 3,590 35,208 - 2021(A) GREENHOUSE MARKETPLACE II CA 5,346 7,188 (227 ) 5,346 6,961 12,307 835 11,472 - 2021(A) HOME DEPOT PLAZA CA 4,592 18,345 1 4,592 18,345 22,937 12,207 10,730 - 1998(A) KENNETH HAHN PLAZA CA 4,115 7,661 (695 ) - 11,082 11,082 5,405 5,677 - 2010(A) LA MIRADA THEATRE CENTER CA 8,817 35,260 46 6,889 37,234 44,123 24,286 19,837 - 1998(A) LA VERNE TOWN CENTER CA 8,414 23,856 13,176 16,362 29,084 45,446 8,823 36,623 - 2014(A) LABAND VILLAGE SHOPPING CENTER CA 5,600 13,289 (920 ) 5,607 12,362 17,969 7,202 10,767 - 2008(A) LAKEWOOD PLAZA CA 1,294 3,669 (1,265 ) - 3,699 3,699 947 2,752 - 2014(A) LAKEWOOD VILLAGE CA 8,597 24,375 (182 ) 11,683 21,107 32,790 6,942 25,848 - 2014(A) LARWIN SQUARE SHOPPING CENTER CA 17,234 39,731 6,731 17,234 46,462 63,696 3,927 59,769 - 2023(A) LINCOLN HILLS TOWN CENTER CA 8,229 26,127 433 8,229 26,560 34,789 8,144 26,645 - 2015(A) LINDA MAR SHOPPING CENTER CA 16,549 37,521 5,284 16,549 42,805 59,354 13,027 46,327 - 2014(A) MADISON PLAZA CA 5,874 23,476 4,980 5,874 28,456 34,330 16,743 17,587 - 1998(A) MARINA VILLAGE CA 14,108 27,414 8,051 14,108 35,465 49,573 2,817 46,756 - 2023(A) NORTH COUNTY PLAZA CA 10,205 28,934 785 20,895 19,028 39,923 5,816 34,107 - 2014(A) NOVATO FAIR S.C. CA 9,260 15,600 2,244 9,260 17,844 27,104 8,465 18,639 - 2009(A) ON THE CORNER AT STEVENS CREEK CA 1,825 4,641 2 1,825 4,642 6,467 464 6,003 - 2021(A) PLAZA DI NORTHRIDGE CA 12,900 40,575 1,798 12,900 42,373 55,273 19,185 36,088 - 2005(A) POWAY CITY CENTRE CA 5,855 13,792 9,252 7,248 21,652 28,900 11,734 17,166 - 2005(A) RANCHO PENASQUITOS TOWNE CTR I CA 14,852 20,342 808 14,852 21,150 36,002 5,622 30,380 - 2015(A) RANCHO PENASQUITOS TWN CTR II CA 12,945 20,324 860 12,945 21,183 34,128 5,536 28,592 - 2015(A) RANCHO PENASQUITOS-VONS PROP. CA 2,918 9,146 - 2,918 9,146 12,064 1,241 10,823 - 2019(A) RANCHO SAN MARCOS VILLAGE CA 9,050 29,357 6,926 9,483 35,850 45,333 2,777 42,556 - 2021(A) REDWOOD CITY PLAZA CA 2,552 6,215 5,901 2,552 12,116 14,668 3,744 10,924 - 2009(A) SAN DIEGO CARMEL MOUNTAIN CA 5,323 8,874 (1,898 ) 5,323 6,976 12,299 2,719 9,580 - 2009(A) SAN MARCOS PLAZA CA 1,883 12,044 3,074 1,883 15,118 17,001 1,124 15,877 - 2021(A) SANTEE TROLLEY SQUARE CA 40,209 62,964 309 40,209 63,274 103,483 23,003 80,480 - 2015(A) SILVER CREEK PLAZA CA 33,541 53,176 246 33,541 53,423 86,964 5,533 81,431 - 2021(A) SOUTH NAPA MARKET PLACE CA 1,100 22,159 21,848 23,119 21,988 45,107 14,220 30,887 - 2006(A) SOUTHAMPTON CENTER CA 10,289 64,096 195 10,289 64,291 74,580 6,112 68,468 20,053 2021(A) STANFORD RANCH CA 10,584 30,007 3,166 9,983 33,774 43,757 8,690 35,067 - 2014(A) STEVENS CREEK CENTRAL S.C. CA 41,818 45,886 540 41,818 46,427 88,245 5,891 82,354 - 2021(A) STONY POINT PLAZA CA 10,361 38,054 (229 ) 10,361 37,824 48,185 3,922 44,263 - 2021(A) TRUCKEE CROSSROADS CA 2,140 28,325 (18,609 ) 2,140 9,716 11,856 6,387 5,469 - 2006(A) TUSTIN HEIGHTS SHOPPING CENTER CA 16,745 30,953 5,880 16,745 36,834 53,579 2,214 51,365 - 2023(A) WESTLAKE SHOPPING CENTER CA 16,174 64,819 116,460 16,174 181,279 197,453 77,758 119,695 - 2002(A) WESTMINSTER CENTER CA 60,428 64,973 907 60,428 65,880 126,308 10,475 115,833 48,075 2021(A) WHITTWOOD TOWN CENTER CA 57,136 105,815 4,780 57,139 110,591 167,730 27,690 140,040 - 2017(A) CROSSING AT STONEGATE CO 11,909 33,111 231 11,909 33,343 45,252 3,471 41,781 - 2021(A) DENVER WEST 38TH STREET CO 161 647 332 161 979 1,140 761 379 - 1998(A) EAST BANK S.C. CO 1,501 6,180 8,417 1,501 14,597 16,098 5,448 10,650 - 1998(A) EDGEWATER MARKETPLACE CO 7,807 32,706 537 7,807 33,243 41,050 3,217 37,833 - 2021(A) ENGLEWOOD PLAZA CO 806 3,233 1,081 806 4,314 5,120 2,678 2,442 - 1998(A) GREELEY COMMONS CO 3,313 20,070 4,467 3,313 24,536 27,849 7,488 20,361 - 2012(A) HERITAGE WEST S.C. CO 1,527 6,124 2,856 1,527 8,979 10,506 5,560 4,946 - 1998(A) HIGHLANDS RANCH II CO 3,515 11,756 1,515 3,515 13,271 16,786 4,465 12,321 - 2013(A) HIGHLANDS RANCH VILLAGE S.C. CO 8,135 21,580 1,212 5,337 25,591 30,928 7,455 23,473 - 2011(A) LOWRY TOWN CENTER CO 3,271 32,685 858 3,271 33,543 36,814 3,085 33,729 - 2021(A) MARKET AT SOUTHPARK CO 9,783 20,780 6,256 9,783 27,035 36,818 8,412 28,406 - 2011(A) NORTHRIDGE SHOPPING CENTER CO 4,933 16,496 4,389 8,934 16,883 25,817 8,357 17,460 - 2013(A) QUINCY PLACE S.C. CO 1,148 4,608 3,081 1,148 7,689 8,837 4,826 4,011 - 1998(A) RIVER POINT AT SHERIDAN CO 13,223 30,444 1,390 12,331 32,726 45,057 6,156 38,901 - 2021(A) RIVER POINT AT SHERIDAN II CO 1,255 4,231 - 1,255 4,231 5,486 487 4,999 - 2021(A) VILLAGE CENTER - HIGHLAND RANCH CO 1,140 2,660 284 1,140 2,944 4,084 757 3,327 - 2014(A) VILLAGE CENTER WEST CO 2,011 8,361 826 2,011 9,186 11,197 2,496 8,701 - 2011(A) VILLAGE ON THE PARK CO 2,194 8,886 20,019 3,018 28,081 31,099 9,384 21,715 - 1998(A) BRIGHT HORIZONS CT 1,212 4,611 128 1,212 4,740 5,952 1,713 4,239 - 2012(A) HAMDEN MART CT 13,668 40,890 6,784 14,226 47,116 61,342 13,565 47,777 17,580 2016(A) HOME DEPOT PLAZA CT 7,705 30,798 4,206 7,705 35,004 42,709 22,022 20,687 - 1998(A) NEWTOWN S.C. CT - 15,635 425 - 16,059 16,059 3,835 12,224 - 2014(A) WEST FARM SHOPPING CENTER CT 5,806 23,348 20,688 7,585 42,257 49,842 23,677 26,165 - 1998(A) WILTON CAMPUS CT 10,169 31,893 2,845 10,169 34,739 44,908 10,666 34,242 - 2013(A) WILTON RIVER PARK SHOPPING CTR CT 7,155 27,509 1,264 7,155 28,772 35,927 8,680 27,247 - 2012(A) BRANDYWINE COMMONS DE - 36,057 (548 ) - 35,509 35,509 9,785 25,724 - 2014(A) ARGYLE VILLAGE FL 5,228 36,814 294 5,228 37,108 42,336 5,113 37,223 - 2021(A) BELMART PLAZA FL 1,656 3,394 5,818 1,656 9,212 10,868 2,306 8,562 - 2014(A) BOCA LYONS PLAZA FL 13,280 37,751 309 13,280 38,061 51,341 3,796 47,545 - 2021(A) CAMINO SQUARE FL 574 2,296 (395 ) 734 1,742 2,476 39 2,437 - 1992(A) CARROLLWOOD COMMONS FL 5,220 16,884 4,765 5,220 21,649 26,869 13,162 13,707 - 1997(A) CENTER AT MISSOURI AVENUE FL 294 792 6,973 294 7,765 8,059 2,657 5,402 - 1968(C) CHEVRON OUTPARCEL FL 531 1,253 - 531 1,253 1,784 487 1,297 - 2010(A) COLONIAL PLAZA FL 25,516 54,604 5,782 25,516 60,385 85,901 8,975 76,926 - 2021(A) CORAL POINTE S.C. FL 2,412 20,508 1,015 2,412 21,523 23,935 5,307 18,628 - 2015(A) CORAL SQUARE PROMENADE FL 710 2,843 4,212 710 7,054 7,764 5,005 2,759 - 1994(A) CORSICA SQUARE S.C. FL 7,225 10,757 354 7,225 11,111 18,336 3,185 15,151 - 2015(A) COUNTRYSIDE CENTRE FL 11,116 41,581 1,662 11,116 43,243 54,359 5,170 49,189 - 2021(A) CURLEW CROSSING SHOPPING CTR FL 5,316 12,529 1,003 3,312 15,536 18,848 8,151 10,697 - 2005(A) DANIA POINTE FL 105,113 - 35,582 26,094 114,600 140,694 12,789 127,905 - 2016(C) DANIA POINTE - PHASE II (3) FL - - 273,761 26,715 247,046 273,761 19,551 254,210 - 2016(C) EMBASSY LAKES FL 6,565 18,104 694 6,565 18,797 25,362 1,705 23,657 - 2021(A) FLAGLER PARK FL 26,163 80,737 6,379 26,725 86,554 113,279 33,786 79,493 - 2007(A) FT LAUDERDALE #1, FL FL 1,003 2,602 18,506 1,774 20,337 22,111 13,102 9,009 - 1974(C) FT. LAUDERDALE/CYPRESS CREEK FL 14,259 28,042 4,384 14,259 32,425 46,684 14,403 32,281 - 2009(A) GRAND OAKS VILLAGE FL 7,409 19,654 675 5,846 21,892 27,738 6,839 20,899 - 2011(A) GROVE GATE S.C. FL 366 1,049 793 366 1,842 2,208 1,699 509 - 1968(C) IVES DAIRY CROSSING FL 733 4,080 11,713 721 15,806 16,527 11,307 5,220 - 1985(A) KENDALE LAKES PLAZA FL 18,491 28,496 (377 ) 15,362 31,248 46,610 11,907 34,703 - 2009(A) LARGO PLAZA FL 23,571 63,604 137 23,571 63,742 87,313 7,956 79,357 - 2021(A) MAPLEWOOD PLAZA FL 1,649 6,626 2,104 1,649 8,729 10,378 5,689 4,689 - 1997(A) MARATHON SHOPPING CENTER FL 2,413 8,069 3,525 1,515 12,491 14,006 2,685 11,321 - 2013(A) MERCHANTS WALK FL 2,581 10,366 11,137 2,581 21,503 24,084 13,163 10,921 - 2001(A) MILLENIA PLAZA PHASE II FL 7,711 20,703 6,031 7,698 26,748 34,446 11,942 22,504 - 2009(A) MILLER ROAD S.C. FL 1,138 4,552 4,736 1,138 9,288 10,426 6,569 3,857 - 1986(A) MILLER WEST PLAZA FL 6,726 10,661 396 6,726 11,057 17,783 2,995 14,788 - 2015(A) MISSION BELL SHOPPING CENTER FL 5,056 11,843 8,816 5,067 20,648 25,715 9,244 16,471 - 2004(A) NASA PLAZA FL - 1,754 5,313 - 7,067 7,067 4,944 2,123 - 1968(C) OAK TREE PLAZA FL - 917 2,526 - 3,443 3,443 2,998 445 - 1968(C) OAKWOOD BUSINESS CTR-BLDG 1 FL 6,793 18,663 4,325 6,793 22,988 29,781 9,701 20,080 - 2009(A) OAKWOOD PLAZA NORTH FL 35,301 141,731 2,930 35,301 144,661 179,962 30,423 149,539 - 2016(A) OAKWOOD PLAZA SOUTH FL 11,127 40,592 73 11,127 40,665 51,792 9,371 42,421 - 2016(A) PALMS AT TOWN & COUNTRY FL 30,137 94,674 2,345 30,137 97,019 127,156 10,313 116,843 - 2021(A) PALMS AT TOWN & COUNTRY LIFESTYLE FL 26,597 92,088 611 26,597 92,699 119,296 9,901 109,395 - 2021(A) PARK HILL PLAZA FL 10,764 19,264 1,826 10,764 21,089 31,853 6,694 25,159 - 2011(A) PHILLIPS CROSSING FL - 53,536 460 - 53,996 53,996 6,248 47,748 - 2021(A) PLANTATION CROSSING FL 2,782 8,077 3,345 2,782 11,423 14,205 2,523 11,682 - 2017(A) POMPANO POINTE S.C. FL 10,517 14,356 641 10,517 14,997 25,514 3,279 22,235 - 2012(A) RENAISSANCE CENTER FL 9,104 36,541 14,853 9,123 51,374 60,497 27,234 33,263 - 1998(A) RIVERPLACE SHOPPING CTR. FL 7,503 31,011 3,290 7,200 34,604 41,804 13,796 28,008 - 2010(A) RIVERSIDE LANDINGS S.C. FL 3,512 14,440 838 3,512 15,278 18,790 3,809 14,981 - 2015(A) SEA RANCH CENTRE FL 3,298 21,259 340 3,298 21,598 24,896 2,324 22,572 - 2021(A) SHOPPES AT DEERFIELD FL 19,069 69,485 (43 ) 19,069 69,441 88,510 7,812 80,698 - 2021(A) SHOPPES AT DEERFIELD II FL 788 6,388 10 788 6,397 7,185 609 6,576 - 2021(A) SHOPS AT SANTA BARBARA PHASE 1 FL 743 5,374 242 743 5,616 6,359 1,459 4,900 - 2015(A) SHOPS AT SANTA BARBARA PHASE 2 FL 332 2,489 46 332 2,535 2,867 657 2,210 - 2015(A) SHOPS AT SANTA BARBARA PHASE 3 FL 330 2,359 118 330 2,476 2,806 574 2,232 - 2015(A) SODO S.C. FL - 68,139 6,562 142 74,559 74,701 27,766 46,935 - 2008(A) SOUTH MIAMI S.C. FL 1,280 5,134 5,120 1,280 10,254 11,534 6,034 5,500 - 1995(A) SUNSET 19 S.C. FL 12,460 55,354 108 12,460 55,462 67,922 6,373 61,549 - 2021(A) TJ MAXX PLAZA FL 10,341 38,660 195 10,341 38,855 49,196 4,152 45,044 - 2021(A) TRI-CITY PLAZA FL 2,832 11,329 24,300 2,832 35,629 38,461 10,219 28,242 - 1992(A) TUTTLEBEE PLAZA FL 255 828 2,910 255 3,738 3,993 2,551 1,442 - 2008(A) UNIVERSITY TOWN CENTER FL 5,515 13,041 579 5,515 13,621 19,136 5,136 14,000 - 2011(A) VILLAGE COMMONS S.C. FL 2,026 5,106 2,032 2,026 7,138 9,164 2,422 6,742 - 2013(A) VILLAGE COMMONS SHOPPING CENTER FL 2,192 8,774 7,950 2,192 16,724 18,916 8,768 10,148 - 1998(A) VILLAGE GREEN CENTER FL 11,405 13,466 140 11,405 13,607 25,012 2,160 22,852 16,852 2021(A) VIZCAYA SQUARE FL 5,773 20,965 252 5,773 21,217 26,990 2,430 24,560 - 2021(A) WELLINGTON GREEN COMMONS FL 19,528 32,521 85 19,528 32,605 52,133 3,831 48,302 14,598 2021(A) WELLINGTON GREEN PAD SITES FL 3,854 1,777 3,046 3,854 4,823 8,677 383 8,294 - 2021(A) WINN DIXIE-MIAMI FL 2,990 9,410 (52 ) 3,544 8,804 12,348 2,214 10,134 - 2013(A) WINTER PARK CORNERS FL 5,191 42,530 151 5,191 42,681 47,872 3,833 44,039 - 2021(A) BRAELINN VILLAGE GA 7,315 20,739 19 3,731 24,342 28,073 6,665 21,408 - 2014(A) BROWNSVILLE COMMONS GA 593 5,488 (12 ) 593 5,475 6,068 611 5,457 - 2021(A) CAMP CREEK MARKETPLACE II GA 4,441 38,596 212 4,441 38,808 43,249 4,045 39,204 - 2021(A) EMBRY VILLAGE GA 18,147 33,010 4,714 18,161 37,710 55,871 25,553 30,318 - 2008(A) GRAYSON COMMONS GA 2,600 13,358 4 2,600 13,362 15,962 1,653 14,309 - 2021(A) LAKESIDE MARKETPLACE GA 2,238 28,579 1,251 2,238 29,830 32,068 2,969 29,099 - 2021(A) LAWRENCEVILLE MARKET GA 8,878 29,691 1,695 9,060 31,204 40,264 10,828 29,436 - 2013(A) MARKET AT HAYNES BRIDGE GA 4,881 21,549 3,249 4,890 24,788 29,678 10,353 19,325 - 2008(A) PERIMETER EXPO PROPERTY GA 14,770 44,295 2,582 16,142 45,506 61,648 11,302 50,346 - 2016(A) PERIMETER VILLAGE GA 5,418 67,522 (215 ) 5,418 67,307 72,725 7,224 65,501 25,828 2021(A) RIVERWALK MARKETPLACE GA 3,512 18,863 403 3,388 19,390 22,778 4,463 18,315 - 2015(A) ROSWELL CORNERS GA 4,536 47,054 702 4,536 47,756 52,292 4,447 47,845 - 2021(A) ROSWELL CROSSING GA 6,270 45,338 297 6,270 45,635 51,905 4,796 47,109 - 2021(A) CLIVE PLAZA IA 501 2,002 - 501 2,002 2,503 1,433 1,070 - 1996(A) HAWTHORN HILLS SQUARE IL 6,784 33,034 3,652 6,784 36,687 43,471 14,164 29,307 - 2012(A) PLAZA DEL PRADO IL 10,204 28,410 1,670 10,172 30,113 40,285 7,282 33,003 - 2017(A) SKOKIE POINTE IL - 2,276 9,794 2,628 9,442 12,070 5,472 6,598 - 1997(A) GREENWOOD S.C. IN 423 1,883 21,522 1,641 22,187 23,828 6,142 17,686 - 1970(C) FESTIVAL ON JEFFERSON COURT KY 5,627 26,790 349 5,627 27,139 32,766 3,761 29,005 - 2021(A) ADAMS PLAZA MA 2,089 3,227 251 2,089 3,478 5,567 1,008 4,559 - 2014(A) BROADWAY PLAZA MA 6,485 343 - 6,485 343 6,828 244 6,584 - 2014(A) FALMOUTH PLAZA MA 2,361 13,066 2,012 2,361 15,078 17,439 3,692 13,747 - 2014(A) FELLSWAY PLAZA MA 5,300 11,014 1,304 5,300 12,319 17,619 3,556 14,063 - 2014(A) FESTIVAL OF HYANNIS S.C. MA 15,038 40,683 2,936 15,038 43,618 58,656 12,924 45,732 - 2014(A) GLENDALE SQUARE MA 4,699 7,141 741 4,699 7,882 12,581 2,237 10,344 - 2014(A) LINDEN PLAZA MA 4,628 3,535 701 4,628 4,235 8,863 1,922 6,941 - 2014(A) MAIN ST. PLAZA MA 556 2,139 (33 ) 523 2,139 2,662 781 1,881 - 2014(A) MEMORIAL PLAZA MA 16,411 27,554 1,333 16,411 28,887 45,298 6,888 38,410 - 2014(A) MILL ST. PLAZA MA 4,195 6,203 1,445 4,195 7,647 11,842 1,929 9,913 - 2014(A) MORRISSEY PLAZA MA 4,097 3,751 2,761 4,097 6,512 10,609 943 9,666 - 2014(A) NORTH AVE. PLAZA MA 1,164 1,195 302 1,164 1,497 2,661 489 2,172 - 2014(A) NORTH QUINCY PLAZA MA 6,333 17,954 (102 ) 3,894 20,291 24,185 4,889 19,296 - 2014(A) PARADISE PLAZA MA 4,183 12,195 1,281 4,183 13,476 17,659 4,086 13,573 - 2014(A) VINNIN SQUARE IN-LINE MA 582 2,095 28 582 2,123 2,705 488 2,217 - 2014(A) VINNIN SQUARE PLAZA MA 5,545 16,324 569 5,545 16,893 22,438 5,632 16,806 - 2014(A) WASHINGTON ST. PLAZA MA 11,008 5,652 10,543 12,958 14,245 27,203 4,913 22,290 - 2014(A) WASHINGTON ST. S.C. MA 7,381 9,987 3,388 7,381 13,374 20,755 3,412 17,343 - 2014(A) WAVERLY PLAZA MA 1,215 3,623 1,174 1,203 4,810 6,013 1,225 4,788 - 2014(A) CENTRE COURT-GIANT MD 3,854 12,770 128 3,854 12,898 16,752 4,573 12,179 2,935 2011(A) CENTRE COURT-OLD COURT/COURTYD MD 2,279 5,285 96 2,279 5,381 7,660 1,681 5,979 - 2011(A) CENTRE COURT-RETAIL/BANK MD 1,035 7,786 892 1,035 8,678 9,713 2,489 7,224 181 2011(A) COLUMBIA CROSSING MD 3,613 34,345 3,689 3,613 38,035 41,648 8,457 33,191 - 2015(A) COLUMBIA CROSSING II SHOP.CTR. MD 3,138 19,868 4,614 3,138 24,482 27,620 6,480 21,140 - 2013(A) COLUMBIA CROSSING OUTPARCELS MD 1,279 2,871 49,620 14,854 38,916 53,770 6,913 46,857 - 2011(A) DORSEY'S SEARCH VILLAGE CENTER MD 6,322 27,996 1,093 6,322 29,089 35,411 6,620 28,791 - 2015(A) ENCHANTED FOREST S.C. MD 20,124 34,345 2,114 20,124 36,459 56,583 9,522 47,061 - 2014(A) FULLERTON PLAZA MD 14,238 6,744 16,672 14,238 23,416 37,654 4,342 33,312 - 2014(A) GAITHERSBURG S.C. MD 245 6,788 2,051 245 8,839 9,084 5,437 3,647 - 1999(A) GREENBRIER S.C. MD 8,891 30,305 1,247 8,891 31,552 40,443 8,176 32,267 - 2014(A) HARPER'S CHOICE MD 8,429 18,374 2,071 8,429 20,445 28,874 5,217 23,657 - 2015(A) HICKORY RIDGE MD 7,184 26,948 1,405 7,184 28,354 35,538 6,115 29,423 - 2015(A) HICKORY RIDGE (SUNOCO) MD 543 2,122 - 543 2,122 2,665 567 2,098 - 2015(A) INGLESIDE S.C. MD 10,417 17,889 1,013 10,417 18,902 29,319 5,175 24,144 - 2014(A) KENTLANDS MARKET SQUARE MD 20,167 84,615 19,921 20,167 104,536 124,703 19,110 105,593 - 2016(A) KINGS CONTRIVANCE MD 9,308 31,760 1,768 9,308 33,527 42,835 9,690 33,145 - 2014(A) LAUREL PLAZA MD 350 1,398 6,745 1,571 6,921 8,492 3,580 4,912 - 1995(A) LAUREL PLAZA MD 275 1,101 174 275 1,275 1,550 1,275 275 - 1972(C) MILL STATION DEVELOPMENT MD 21,321 - 69,798 16,103 75,016 91,119 6,050 85,069 - 2015(C) MILL STATION THEATER/RSTRNTS MD 23,379 1,090 (3,531 ) 14,738 6,200 20,938 2,279 18,659 - 2016(C) PIKE CENTER MD - 61,389 22,134 21,849 61,674 83,523 4,846 78,677 - 2021(A) PUTTY HILL PLAZA MD 4,192 11,112 1,322 4,192 12,434 16,626 4,408 12,218 - 2013(A) RADCLIFFE CENTER MD 12,043 21,188 163 12,043 21,351 33,394 6,410 26,984 - 2014(A) RIVERHILL VILLAGE CENTER MD 16,825 23,282 1,192 16,825 24,473 41,298 7,326 33,972 - 2014(A) SHAWAN PLAZA MD 4,466 20,222 (33 ) 4,466 20,188 24,654 14,319 10,335 - 2008(A) SHOPS AT DISTRICT HEIGHTS MD 8,166 21,971 (1,412 ) 7,298 21,427 28,725 4,543 24,182 - 2015(A) SNOWDEN SQUARE S.C. MD 1,929 4,558 5,155 3,326 8,316 11,642 2,673 8,969 - 2012(A) TIMONIUM CROSSING MD 2,525 14,863 1,304 2,525 16,167 18,692 3,817 14,875 - 2014(A) TIMONIUM SQUARE MD 6,000 24,283 13,360 7,311 36,332 43,643 19,845 23,798 - 2003(A) TOWSON PLACE MD 43,887 101,765 7,879 43,271 110,260 153,531 33,638 119,893 - 2012(A) VILLAGES AT URBANA MD 3,190 6 20,609 4,829 18,976 23,805 4,686 19,119 - 2003(A) WILDE LAKE MD 1,468 5,870 26,747 2,577 31,508 34,085 13,695 20,390 - 2002(A) WILKENS BELTWAY PLAZA MD 9,948 22,126 2,652 9,948 24,778 34,726 6,036 28,690 - 2014(A) YORK ROAD PLAZA MD 4,277 37,206 485 4,277 37,690 41,967 8,998 32,969 - 2014(A) THE FOUNTAINS AT ARBOR LAKES MN 28,585 66,699 15,879 29,485 81,678 111,163 38,701 72,462 - 2006(A) CENTER POINT S.C. MO - 550 - - 550 550 550 - - 1998(A) BRENNAN STATION NC 7,750 20,557 (476 ) 6,322 21,510 27,832 7,336 20,496 - 2011(A) BRENNAN STATION OUTPARCEL NC 628 1,666 (196 ) 450 1,648 2,098 488 1,610 - 2011(A) CAPITAL SQUARE NC 3,528 12,159 33 3,528 12,193 15,721 2,089 13,632 - 2021(A) CLOVERDALE PLAZA NC 541 720 7,530 541 8,250 8,791 4,760 4,031 - 1969(C) CROSSROADS PLAZA NC 768 3,099 1,384 768 4,483 5,251 2,764 2,487 - 2000(A) CROSSROADS PLAZA NC 13,406 86,456 5,331 13,843 91,349 105,192 24,303 80,889 - 2014(A) DAVIDSON COMMONS NC 2,979 12,860 862 2,979 13,722 16,701 4,400 12,301 - 2012(A) FALLS POINTE NC 4,049 27,415 190 4,049 27,605 31,654 2,633 29,021 - 2021(A) HIGH HOUSE CROSSING NC 3,604 10,950 322 3,604 11,271 14,875 1,477 13,398 - 2021(A) HOPE VALLEY COMMONS NC 3,743 16,808 249 3,743 17,057 20,800 1,768 19,032 - 2021(A) JETTON VILLAGE SHOPPES NC 3,875 10,292 790 2,144 12,813 14,957 4,054 10,903 - 2011(A) LEESVILLE TOWNE CENTRE NC 5,693 37,053 262 5,693 37,316 43,009 3,847 39,162 - 2021(A) MOORESVILLE CROSSING NC 12,014 30,604 398 11,333 31,684 43,017 15,108 27,909 - 2007(A) NORTHWOODS S.C. NC 2,696 9,397 (83 ) 2,696 9,314 12,010 1,077 10,933 - 2021(A) PARK PLACE SC NC 5,461 16,163 5,034 5,470 21,188 26,658 10,816 15,842 - 2008(A) PLEASANT VALLEY PROMENADE NC 5,209 20,886 24,824 5,209 45,710 50,919 27,077 23,842 - 1993(A) QUAIL CORNERS NC 7,318 26,676 2,383 7,318 29,060 36,378 7,464 28,914 - 2014(A) SIX FORKS S.C. NC - 78,366 (2 ) - 78,364 78,364 7,819 70,545 - 2021(A) STONEHENGE MARKET NC 3,848 37,900 1,785 3,848 39,685 43,533 3,177 40,356 - 2021(A) TYVOLA SQUARE NC - 4,736 9,499 - 14,235 14,235 11,143 3,092 - 1986(A) WOODLAWN MARKETPLACE NC 919 3,571 3,342 919 6,913 7,832 5,084 2,748 - 2008(A) WOODLAWN SHOPPING CENTER NC 2,011 5,834 1,856 2,011 7,690 9,701 2,597 7,104 - 2012(A) ROCKINGHAM PLAZA NH 2,661 10,644 24,569 3,149 34,725 37,874 18,984 18,890 - 2008(A) WEBSTER SQUARE NH 11,683 41,708 9,330 11,683 51,038 62,721 12,732 49,989 - 2014(A) WEBSTER SQUARE - DSW NH 1,346 3,638 132 1,346 3,770 5,116 881 4,235 - 2017(A) WEBSTER SQUARE NORTH NH 2,163 6,511 171 2,163 6,683 8,846 1,753 7,093 - 2016(A) CENTRAL PLAZA NJ 3,170 10,603 2,116 5,145 10,744 15,889 4,578 11,311 - 2013(A) CLARK SHOPRITE 70 CENTRAL AVE NJ 3,497 11,694 995 13,960 2,226 16,186 1,656 14,530 - 2013(A) COMMERCE CENTER EAST NJ 1,519 5,080 1,753 7,235 1,117 8,352 868 7,484 - 2013(A) COMMERCE CENTER WEST NJ 386 1,290 161 794 1,043 1,837 345 1,492 - 2013(A) COMMONS AT HOLMDEL NJ 16,538 38,760 10,585 16,538 49,345 65,883 22,387 43,496 - 2004(A) EAST WINDSOR VILLAGE NJ 9,335 23,778 1,245 9,335 25,023 34,358 10,411 23,947 - 2008(A) GARDEN STATE PAVILIONS NJ 7,531 10,802 29,752 12,204 35,882 48,086 12,202 35,884 - 2011(A) HILLVIEW SHOPPING CENTER NJ 16,008 32,607 2,274 16,008 34,880 50,888 8,629 42,259 - 2014(A) HOLMDEL TOWNE CENTER NJ 10,825 43,301 12,010 10,825 55,310 66,135 31,376 34,759 - 2002(A) MAPLE SHADE NJ - 9,958 2,329 - 12,287 12,287 4,449 7,838 - 2009(A) NORTH BRUNSWICK PLAZA NJ 3,205 12,820 30,886 3,205 43,706 46,911 26,558 20,353 - 1994(A) PISCATAWAY TOWN CENTER NJ 3,852 15,411 1,733 3,852 17,144 20,996 11,255 9,741 - 1998(A) PLAZA AT HILLSDALE NJ 7,602 6,994 1,658 7,602 8,652 16,254 2,958 13,296 - 2014(A) PLAZA AT SHORT HILLS NJ 20,155 11,062 1,806 20,155 12,868 33,023 3,789 29,234 - 2014(A) RIDGEWOOD S.C. NJ 450 2,107 1,303 450 3,410 3,860 2,356 1,504 - 1993(A) SHOP RITE PLAZA NJ 2,418 6,364 3,285 2,418 9,649 12,067 7,793 4,274 - 1985(C) UNION CRESCENT III NJ 7,895 3,011 28,966 8,697 31,175 39,872 23,646 16,226 - 2007(A) WESTMONT PLAZA NJ 602 2,405 20,757 602 23,163 23,765 9,734 14,031 - 1994(A) WILLOWBROOK PLAZA NJ 15,320 40,997 10,873 15,320 51,869 67,189 13,611 53,578 - 2009(A) NORTH TOWNE PLAZA - ALBUQUERQUE NM 3,598 33,327 269 3,598 33,596 37,194 3,704 33,490 - 2021(A) CHARLESTON COMMONS NV 29,704 24,267 437 29,704 24,704 54,408 5,812 48,596 - 2021(A) COLLEGE PARK S.C.-N LAS VEGAS NV 2,100 18,413 210 2,100 18,623 20,723 2,545 18,178 - 2021(A) D'ANDREA MARKETPLACE NV 11,556 29,435 927 11,556 30,362 41,918 12,928 28,990 - 2007(A) DEL MONTE PLAZA NV 2,489 5,590 1,287 2,210 7,156 9,366 3,835 5,531 - 2006(A) DEL MONTE PLAZA ANCHOR PARCEL NV 6,513 17,600 219 6,520 17,812 24,332 3,630 20,702 - 2017(A) FRANCISCO CENTER NV 1,800 10,085 2,038 1,800 12,123 13,923 1,605 12,318 - 2021(A) GALENA JUNCTION NV 8,931 17,503 1,749 8,931 19,251 28,182 6,026 22,156 - 2015(A) MCQUEEN CROSSINGS NV 5,017 20,779 1,102 5,017 21,881 26,898 8,969 17,929 - 2015(A) RANCHO TOWNE & COUNTRY NV 7,785 13,364 (56 ) 7,785 13,308 21,093 1,705 19,388 - 2021(A) REDFIELD PROMENADE NV 4,415 32,035 (3,054 ) 4,415 28,980 33,395 8,143 25,252 - 2015(A) SPARKS MERCANTILE NV 6,222 17,069 451 6,222 17,519 23,741 5,867 17,874 - 2015(A) 501 NORTH BROADWAY NY - 1,176 (50 ) - 1,126 1,126 559 567 - 2007(A) AIRPORT PLAZA NY 22,711 107,012 6,297 22,711 113,308 136,019 29,260 106,759 - 2015(A) BELLMORE S.C. NY 1,272 3,184 1,837 1,272 5,021 6,293 2,928 3,365 - 2004(A) BIRCHWOOD PLAZA COMMACK NY 3,630 4,775 1,442 3,630 6,218 9,848 2,703 7,145 - 2007(A) BRIDGEHAMPTON COMMONS-W&E SIDE NY 1,812 3,107 43,237 1,858 46,298 48,156 27,913 20,243 - 1972(C) CARMAN'S PLAZA NY 12,558 37,290 3,174 12,562 40,460 53,022 2,653 50,369 - 2022(A) CHAMPION FOOD SUPERMARKET NY 758 1,875 (25 ) 2,241 367 2,608 264 2,344 - 2012(A) ELMONT S.C. NY 3,012 7,606 6,885 3,012 14,491 17,503 5,790 11,713 - 2004(A) ELMSFORD CENTER 2 NY 4,076 15,599 1,118 4,245 16,548 20,793 5,948 14,845 - 2013(A) FAMILY DOLLAR UNION TURNPIKE NY 909 2,250 244 1,057 2,346 3,403 736 2,667 - 2012(A) FOREST AVENUE PLAZA NY 4,559 10,441 3,084 4,559 13,525 18,084 5,407 12,677 - 2005(A) FRANKLIN SQUARE S.C. NY 1,079 2,517 3,984 1,079 6,501 7,580 2,696 4,884 - 2004(A) GREAT NECK OUTPARCEL NY 4,019 - 74 4,019 74 4,093 - 4,093 - 2022(A) GREENRIDGE PLAZA NY 2,940 11,812 9,872 3,148 21,477 24,625 11,957 12,668 - 1997(A) HAMPTON BAYS PLAZA NY 1,495 5,979 3,550 1,495 9,529 11,024 8,638 2,386 - 1989(A) HICKSVILLE PLAZA NY 3,543 8,266 2,629 3,543 10,895 14,438 5,461 8,977 - 2004(A) INDEPENDENCE PLAZA NY 12,279 34,814 513 16,132 31,474 47,606 10,756 36,850 - 2014(A) JERICHO COMMONS SOUTH NY 12,368 33,071 4,119 12,368 37,190 49,558 15,779 33,779 768 2007(A) KEY FOOD - 21ST STREET NY 1,091 2,700 (165 ) 1,669 1,957 3,626 578 3,048 - 2012(A) KEY FOOD - ATLANTIC AVE NY 2,273 5,625 509 4,809 3,598 8,407 1,297 7,110 - 2012(A) KEY FOOD - CENTRAL AVE. NY 2,788 6,899 (395 ) 2,603 6,689 9,292 2,061 7,231 - 2012(A) KINGS HIGHWAY NY 2,744 6,811 2,060 2,744 8,872 11,616 4,613 7,003 - 2004(A) KISSENA BOULEVARD SHOPPING CTR NY 11,610 2,933 1,894 11,610 4,827 16,437 1,450 14,987 - 2007(A) LITTLE NECK PLAZA NY 3,277 13,161 6,505 3,277 19,666 22,943 10,992 11,951 - 2003(A) MANETTO HILL PLAZA NY 264 584 17,499 264 18,083 18,347 8,791 9,556 - 1969(C) MANHASSET CENTER NY 4,567 19,166 33,543 3,472 53,804 57,276 34,823 22,453 - 1999(A) MARKET AT BAY SHORE NY 12,360 30,708 7,943 12,360 38,651 51,011 18,308 32,703 - 2006(A) MASPETH QUEENS-DUANE READE NY 1,872 4,828 1,037 1,872 5,865 7,737 2,680 5,057 - 2004(A) MILLERIDGE INN NY 7,500 481 14 7,500 496 7,996 75 7,921 - 2015(A) MINEOLA CROSSINGS NY 4,150 7,521 1,006 4,150 8,527 12,677 3,213 9,464 - 2007(A) NORTH MASSAPEQUA S.C. NY 1,881 4,389 (1,685 ) - 4,586 4,586 4,350 236 - 2004(A) OCEAN PLAZA NY 564 2,269 8 564 2,277 2,841 1,212 1,629 - 2003(A) RALPH AVENUE PLAZA NY 4,414 11,340 4,055 4,414 15,395 19,809 7,193 12,616 - 2004(A) RICHMOND S.C. NY 2,280 9,028 22,052 2,280 31,080 33,360 18,486 14,874 - 1989(A) ROMAINE PLAZA NY 782 1,826 588 782 2,414 3,196 1,131 2,065 - 2005(A) SEQUAMS SHOPPING CENTER NY 3,971 8,654 (67 ) 3,971 8,587 12,558 391 12,167 - 2022(A) SHOPRITE S.C. NY 872 3,488 - 872 3,488 4,360 2,780 1,580 - 1998(A) STOP & SHOP NY 21,661 17,636 - 21,661 17,636 39,297 658 38,639 10,892 2022(A) SMITHTOWN PLAZA NY 3,528 7,364 670 3,437 8,124 11,561 4,019 7,542 - 2009(A) SOUTHGATE SHOPPING CENTER NY 18,822 62,670 (1,299 ) 18,829 61,364 80,193 2,971 77,222 19,135 2022(A) SYOSSET CORNERS NY 6,169 13,302 25 6,169 13,328 19,497 675 18,822 - 2022(A) SYOSSET S.C. NY 107 76 3,046 107 3,122 3,229 1,544 1,685 - 1990(C) THE BOULEVARD NY 28,724 38,232 258,349 28,724 296,583 325,307 32,304 293,003 - 2006(A) THE GARDENS AT GREAT NECK NY 27,956 71,366 55 27,962 71,414 99,376 4,968 94,408 16,888 2022(A) THE GREEN COVE PLAZA NY 17,017 39,206 (232 ) 17,017 38,974 55,991 1,963 54,028 11,249 2022(A) THE MARKETPLACE NY 4,498 9,850 15 4,498 9,864 14,362 483 13,879 4,994 2022(A) TOWNPATH CORNER NY 2,675 6,408 52 2,675 6,460 9,135 367 8,768 - 2022(A) TURNPIKE PLAZA NY 2,472 5,839 970 2,472 6,809 9,281 2,406 6,875 - 2011(A) VETERANS MEMORIAL PLAZA NY 5,968 23,243 22,893 5,980 46,124 52,104 21,758 30,346 - 1998(A) WHITE PLAINS S.C. NY 1,778 4,454 2,964 1,778 7,418 9,196 3,226 5,970 - 2004(A) WOODBURY COMMON NY 27,249 28,516 (178 ) 27,249 28,338 55,587 1,771 53,816 16,132 2022(A) JANTZEN BEACH CENTER OR 57,575 102,844 4,052 57,588 106,883 164,471 25,005 139,466 - 2017(A) CENTER SQUARE SHOPPING CENTER PA 732 2,928 1,225 691 4,194 4,885 3,207 1,678 - 1996(A) CRANBERRY TOWNSHIP-PARCEL 1&2 PA 10,271 30,770 3,183 6,070 38,154 44,224 8,787 35,437 - 2016(A) CROSSROADS PLAZA PA 789 3,155 14,408 976 17,377 18,353 12,070 6,283 - 1986(A) DEVON VILLAGE PA 4,856 25,847 988 5,608 26,084 31,692 9,213 22,479 - 2012(A) FISHTOWN CROSSING PA 20,398 22,602 243 20,401 22,842 43,243 2,884 40,359 - 2022(A) HARRISBURG EAST SHOPPING CTR. PA 453 6,665 12,250 3,003 16,365 19,368 10,169 9,199 - 2002(A) HORSHAM POINT PA 3,813 18,189 674 3,813 18,863 22,676 4,258 18,418 - 2015(A) LINCOLN SQUARE PA 90,479 - 76,429 10,533 156,376 166,909 17,369 149,540 - 2017(C) NORRITON SQUARE PA 686 2,665 5,715 774 8,293 9,067 5,727 3,340 - 1984(A) POCONO PLAZA PA 1,050 2,373 18,493 1,050 20,866 21,916 3,129 18,787 - 1973(C) SHOPPES AT WYNNEWOOD PA 7,479 - 3,676 7,479 3,676 11,155 731 10,424 - 2015(C) SHREWSBURY SQUARE S.C. PA 8,066 16,998 (1,555 ) 6,172 17,338 23,510 4,720 18,790 - 2014(A) SPRINGFIELD S.C. PA 920 4,982 14,083 920 19,065 19,985 13,174 6,811 - 1983(A) SUBURBAN SQUARE PA 70,680 166,351 85,342 71,280 251,093 322,373 79,755 242,618 - 2007(A) TOWNSHIP LINE S.C. PA 732 2,928 - 732 2,928 3,660 2,052 1,608 - 1996(A) WAYNE PLAZA PA 6,128 15,605 925 6,136 16,522 22,658 7,013 15,645 - 2008(A) WEXFORD PLAZA PA 6,414 9,775 14,488 6,299 24,378 30,677 7,937 22,740 - 2010(A) WHITEHALL MALL PA - 5,196 - - 5,196 5,196 3,641 1,555 - 1996(A) WHITELAND TOWN CENTER PA 732 2,928 59 732 2,987 3,719 2,111 1,608 - 1996(A) WHOLE FOODS AT WYNNEWOOD PA 15,042 - 11,785 13,772 13,055 26,827 1,893 24,934 - 2014(C) LOS COLOBOS - BUILDERS SQUARE PR 4,405 9,628 (538 ) 4,461 9,034 13,495 8,453 5,042 - 2006(A) LOS COLOBOS - KMART PR 4,595 10,120 (827 ) 4,402 9,486 13,888 8,528 5,360 - 2006(A) LOS COLOBOS I PR 12,891 26,047 1,468 13,613 26,793 40,406 14,450 25,956 - 2006(A) LOS COLOBOS II PR 14,894 30,681 1,438 15,142 31,871 47,013 17,556 29,457 - 2006(A) MANATI VILLA MARIA SC PR 2,781 5,673 1,851 2,607 7,698 10,305 4,914 5,391 - 2006(A) PLAZA CENTRO - COSTCO PR 3,628 10,752 (455 ) 3,866 10,059 13,925 5,560 8,365 - 2006(A) PLAZA CENTRO - MALL PR 19,873 58,719 5,967 19,408 65,151 84,559 |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Investment Property, Life Used for Depreciation [Table Text Block] | Buildings and building improvements (in years) 5 to 50 Fixtures, building and leasehold improvements Terms of leases or useful lives, whichever is shorter (including certain identified intangible assets) |
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Table Text Block] | 2023 2022 2021 Balance, beginning of period $ 18,457,242 $ 18,052,271 $ 12,068,827 Additions during period: Acquisitions 208,001 542,789 5,765,363 Improvements 263,171 183,561 153,698 Transfers from unconsolidated joint ventures 166,490 - 785,334 Deductions during period: Sales and assets held-for-sale (85,541 ) (271,347 ) (205,057 ) Transfers to unconsolidated joint ventures - - (433,829 ) Adjustment for fully depreciated assets (59,832 ) (36,032 ) (82,065 ) Adjustment of property carrying values (11,737 ) (14,000 ) - Balance, end of period $ 18,937,794 $ 18,457,242 $ 18,052,271 |
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Table Text Block] | 2023 2022 2021 Balance, beginning of period $ 3,417,414 $ 3,010,699 $ 2,717,114 Additions during period: Depreciation for year 492,434 493,075 378,416 Deductions during period: Sales and assets held-for-sale (7,147 ) (50,328 ) (2,766 ) Adjustment for fully depreciated assets/other (59,832 ) (36,032 ) (82,065 ) Balance, end of period $ 3,842,869 $ 3,417,414 $ 3,010,699 |
Schedule IV - Mortgage Loans _2
Schedule IV - Mortgage Loans on Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2023 | |
Notes Tables | |
Schedule of Participating Mortgage Loans [Table Text Block] | Description Interest Rate Final Maturity Date Periodic Payment Terms (a) Prior Liens Original Face Amount of Mortgages Carrying Amount of Mortgages (b) Mortgage Loans: Retail Gresham, OR 8.00 % Apr-24 I $ - $ 25,000 $ 25,000 Apopka, FL 14.00 % Dec-24 I - 11,211 11,211 Lynwood, CA 9.00 % Jun-25 I - 16,463 16,463 Crystal Lake, IL (i) 10.50 % Nov-26 I - 7,308 7,308 Jacksonville, FL 10.00 % Nov-26 I - 15,000 15,000 San Antonio, TX 12.50 % Sep-27 I - 21,500 16,359 Fairfax, VA 8.00 % May-29 I - 14,000 14,000 Euless, TX 10.00 % Jun-29 I - 19,600 19,600 Individually < 3% (c) (d) (e) I - 6,485 6,485 Nonretail Individually < 3% (f) (g) (h) P&I - 1,854 305 Other Financing Loans: Nonretail Borrower A 7.00 % Mar-31 P&I - 397 314 Allowance for Credit losses: - - (1,300 ) $ - $ 138,818 $ 130,745 2023 2022 2021 Balance at January 1, $ 87,359 $ 73,102 $ 32,246 Additions: New mortgage and other loans (1) 43,519 75,063 55,307 Deductions: Loan repayments (2) (35 ) (60,211 ) (13,646 ) Collections of principal (98 ) (95 ) (130 ) Allowance for credit losses - (500 ) (370 ) Other adjustments - - (305 ) Balance at December 31, $ 130,745 $ 87,359 $ 73,102 |
Note 1 - Summary of Significa_3
Note 1 - Summary of Significant Accounting Policies (Details Textual) $ / shares in Units, ft² in Thousands, $ in Thousands | 12 Months Ended | |||
Jan. 02, 2024 USD ($) ft² $ / shares shares | Dec. 31, 2023 USD ($) ft² $ / shares shares | Dec. 31, 2022 USD ($) ft² $ / shares | Dec. 31, 2021 USD ($) | |
Gross Leasable Area (Square Foot) | ft² | 1,145 | 934 | ||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | $ 1 | ||
Business Combination, Acquisition Related Costs | $ | $ 4,766 | $ 0 | $ 50,191 | |
Restricted Cash | $ | $ 3,200 | $ 2,900 | ||
Restricted Stock [Member] | Share-based Compensation Award, Vesting on Fourth or Fifth Anniversary [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 100% | |||
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 4 years | |||
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Three [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 5 years | |||
Restricted Stock [Member] | Share-based Compensation Award, Vesting After the Fifth Anniversary [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage | 20% | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 10 years | |||
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 3 years | |||
The 2010 Plan [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares) | shares | 10,000,000 | |||
Minimum [Member] | Performance Shares [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 1 year | |||
Minimum [Member] | Computer Software, Intangible Asset [Member] | ||||
Finite-Lived Intangible Asset, Useful Life (Year) | 3 years | |||
Maximum [Member] | Performance Shares [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year) | 3 years | |||
Maximum [Member] | Computer Software, Intangible Asset [Member] | ||||
Finite-Lived Intangible Asset, Useful Life (Year) | 10 years | |||
Building and Building Improvements [Member] | Minimum [Member] | ||||
Property, Plant and Equipment, Useful Life (Year) | 5 years | |||
Building and Building Improvements [Member] | Maximum [Member] | ||||
Property, Plant and Equipment, Useful Life (Year) | 50 years | |||
Subsequent Event [Member] | ||||
Number of Real Estate Properties | 523 | |||
Subsequent Event [Member] | Operating Properties [Member] | ||||
Number of Real Estate Properties | 523 | |||
RPT [Member] | ||||
Business Combination, Acquisition Related Costs | $ | $ 4,800 | |||
RPT [Member] | Subsequent Event [Member] | ||||
Number of Open-air Grocery-anchored Shopping Centers | 56 | |||
Number of Open-air Grocery-anchored Shopping Centers, Wholly Owned | 43 | |||
Number of Open-air Grocery-anchored Shopping Centers, Joint Venture Assets | 13 | |||
Gross Leasable Area (Square Foot) | ft² | 13,300 | |||
Business Combination, Common Share Issued for Acquired Company Share (in shares) | shares | 0.6049 | |||
Business Combination, Acquisition Related Costs | $ | $ 18,900 | |||
RPT [Member] | Subsequent Event [Member] | Series D Cumulative Convertible Perpetual Preferred Shares [Member] | ||||
Preferred Stock, Dividend Rate, Percentage | 7.25% | |||
Business Combination, Preferred Share Right to be Converted to Depository Share (in shares) | shares | 0.001 | |||
RPT [Member] | Subsequent Event [Member] | Cumulative Convertible Perpetual Preferred N Shares [Member] | ||||
Business Combination, Preferred Share Right to be Converted to Depository Share (in shares) | shares | 0.001 | |||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | |||
RPT [Member] | Subsequent Event [Member] | Property Net Lease Joint Venture [Member] | ||||
Number of Real Estate Properties | 49 | |||
Business Acquisition, Percentage of Voting Interests Acquired | 6% | |||
Kimco OP [Member] | ||||
Ownership Perecnatge | 100% |
Note 1 - Summary of Significa_4
Note 1 - Summary of Significant Accounting Policies - Reclassifications (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Straight-line rental income adjustments, net | $ (22,517) | $ (33,794) | $ (22,627) |
Amortization of above and below Market Leases | (17,253) | (13,591) | (14,843) |
Amortization of deferred financing costs and fair value debt adjustments, net | (9,196) | (28,631) | (9,445) |
Change in accounts and notes receivable, net | 18,453 | (9,104) | 4,548 |
Change in accounts payable and accrued expenses | $ 5,826 | $ 37,655 | (104,712) |
Scenario, Adjustment [Member] | |||
Straight-line rental income adjustments, net | (22,600) | ||
Amortization of above and below Market Leases | (14,800) | ||
Amortization of deferred financing costs and fair value debt adjustments, net | (9,400) | ||
Change in accounts and notes receivable, net | 22,600 | ||
Change in accounts payable and accrued expenses | $ 24,200 |
Note 2 - Real Estate (Details T
Note 2 - Real Estate (Details Textual) - USD ($) | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Off-Market Lease, Unfavorable | $ 330,600,000 | $ 330,900,000 | |
Amortization of above and below Market Leases | (17,253,000) | (13,591,000) | $ (14,843,000) |
In-place Leases, Tenant Relationships and Above-market Leases [Member] | |||
Finite-Lived Intangible Assets, Accumulated Amortization | 751,215 | 671,794 | |
Below Market Rents [Member] | |||
Finite-Lived Intangible Assets, Accumulated Amortization | 260,800,000 | 242,400,000 | |
Above and Below Market Leases [Member] | |||
Amortization of above and below Market Leases | 17,300,000 | 13,600,000 | 14,800,000 |
In-place Leases and Tenant Relationships [Member] | |||
Amortization of above and below Market Leases | $ 94,700,000 | $ 118,100,000 | $ 80,100,000 |
Note 2 - Real Estate - Componen
Note 2 - Real Estate - Components of Rental Property (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |
Land | $ 4,177,797 | $ 4,124,542 | |
Buildings and improvements | 14,759,997 | 14,332,700 | |
Real estate | 18,937,794 | 18,457,242 | |
Accumulated depreciation and amortization (1) | [1] | (3,842,869) | (3,417,414) |
Total real estate, net | 15,094,925 | 15,039,828 | |
Land [Member] | |||
Land | 4,166,475 | 4,102,542 | |
Undeveloped Land [Member] | |||
Land | 5,458 | 16,328 | |
Land Held for Development [Member] | |||
Land | 5,864 | 5,672 | |
Building [Member] | |||
Buildings and improvements | 10,312,001 | 10,158,588 | |
Building Improvements [Member] | |||
Buildings and improvements | 2,213,248 | 2,080,437 | |
Tenant Improvements [Member] | |||
Buildings and improvements | 1,158,919 | 1,046,969 | |
Fixtures and Leasehold Improvements [Member] | |||
Buildings and improvements | 41,055 | 36,627 | |
Above Market Leases [Member] | |||
Buildings and improvements | 170,513 | 170,211 | |
In-place Leases [Member] | |||
Buildings and improvements | $ 864,261 | $ 839,868 | |
[1]At December 31, 2023 and 2022, the Company had accumulated amortization relating to in-place leases and above-market leases aggregating $751,215 and $671,794, respectively. |
Note 2 - Real Estate - Estimate
Note 2 - Real Estate - Estimated Net Amortization Income (Expense) (Details) $ in Millions | Dec. 31, 2023 USD ($) |
Above-market and below-market leases amortization, net, 2024 | $ 13.2 |
Above-market and below-market leases amortization, net, 2025 | 13.8 |
Above-market and below-market leases amortization, net, 2026 | 14.7 |
Above-market and below-market leases amortization, net, 2027 | 14.3 |
Above-market and below-market leases amortization, net, 2028 | 14 |
In-place Leases [Member] | |
In-place leases amortization, 2024 | (65.5) |
In-place leases amortization, 2025 | (47.5) |
In-place leases amortization, 2026 | (35.2) |
In-place leases amortization, 2027 | (27.5) |
In-place leases amortization, 2028 | $ (20.3) |
Note 3 - Property Acquisition_2
Note 3 - Property Acquisitions (Details Textual) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Redeemable Noncontrolling Interest | $ 79.7 | |
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 30.9 | |
Real Estate Revenue From Acquisitions During Period | $ 20.5 | 9.1 |
Call and Put Options [Member] | ||
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 56 | |
Previously Held Equity Investments [Member] | ||
Equity Method Investment, Ownership Percentage | 15% | |
Equity in Income of Joint Ventures, Net [Member] | ||
Gain (Loss) on Change of Control of Equity Investments | $ 7.7 |
Note 3 - Property Acquisition_3
Note 3 - Property Acquisitions - Acquisition of Operating Properties (Details) ft² in Thousands, $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 USD ($) ft² | Dec. 31, 2022 USD ($) ft² | ||
Purchase price, cash | $ 276,718 | $ 300,437 | |
Purchase price, debt | 37,187 | 88,792 | |
Purchase price, other consideration | 32,123 | 135,663 | |
Purchase price, total | $ 346,028 | $ 524,892 | |
GLA (Square Foot) | ft² | 1,145 | 934 | |
Portfolio (2 Properties) [Member] | |||
Purchase price, cash | [1] | $ 69,130 | |
Purchase price, debt | [1] | 19,637 | |
Purchase price, other consideration | [1] | 13,019 | |
Purchase price, total | [1] | $ 101,786 | |
GLA (Square Foot) | ft² | [1] | 342 | |
Rancho San Marcos Parcel [Member] | |||
Purchase price, cash | $ 2,407 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 2,407 | ||
GLA (Square Foot) | ft² | 6 | ||
Crossroads Plaza Parcel [Member] | |||
Purchase price, cash | $ 2,173 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 2,173 | ||
GLA (Square Foot) | ft² | 5 | ||
Columbia Crossing [Member] | |||
Purchase price, cash | $ 16,239 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 16,239 | ||
GLA (Square Foot) | ft² | 60 | ||
Northridge Shopping Center Parcel [Member] | |||
Purchase price, cash | $ 728 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 728 | ||
GLA (Square Foot) | ft² | 57 | ||
Oak Forest Parcel [Member] | |||
Purchase price, cash | $ 3,846 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 3,846 | ||
GLA (Square Foot) | ft² | 4 | ||
Stafford Marketplace [Member] | |||
Purchase price, cash | [2] | $ 0 | |
Purchase price, debt | [2] | 0 | |
Purchase price, other consideration | [2] | 12,527 | |
Purchase price, total | [2] | $ 12,527 | |
GLA (Square Foot) | ft² | [2] | 87 | |
Devon Village [Member] | |||
Purchase price, cash | [3] | $ 733 | |
Purchase price, debt | [3] | 0 | |
Purchase price, other consideration | [3] | 0 | |
Purchase price, total | [3] | $ 733 | |
GLA (Square Foot) | ft² | [3] | 0 | |
Tustin Heights [Member] | |||
Purchase price, cash | [1] | $ 26,501 | |
Purchase price, debt | [1] | 17,550 | |
Purchase price, other consideration | [1] | 4,910 | |
Purchase price, total | [1] | $ 48,961 | |
GLA (Square Foot) | ft² | [1] | 137 | |
Fishtown Crossing [Member] | |||
Purchase price, cash | $ 39,291 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 39,291 | ||
GLA (Square Foot) | ft² | 133 | ||
Marlton Plaza Parcel [Member] | |||
Purchase price, cash | $ 529 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 529 | ||
GLA (Square Foot) | ft² | 0 | ||
Carman's Plaza [Member] | |||
Purchase price, cash | $ 51,423 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 51,423 | ||
GLA (Square Foot) | ft² | 195 | ||
Stonebridge at Potomac Town Center [Member] | |||
Purchase price, cash | $ 169,840 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 1,667 | ||
Purchase price, total | $ 171,507 | ||
GLA (Square Foot) | ft² | 504 | ||
Pike Center [Member] | |||
Purchase price, cash | [3] | $ 21,850 | |
Purchase price, debt | [3] | 0 | |
Purchase price, other consideration | [3] | 0 | |
Purchase price, total | [3] | $ 21,850 | |
GLA (Square Foot) | ft² | [3] | 0 | |
Big 5 Factoria Parcel [Member] | |||
Purchase price, cash | $ 7,817 | ||
Purchase price, debt | 0 | ||
Purchase price, other consideration | 0 | ||
Purchase price, total | $ 7,817 | ||
GLA (Square Foot) | ft² | 13 | ||
Baybrook Gateway [Member] | |||
Purchase price, cash | [3] | $ 2,978 | |
Purchase price, debt | [3] | 0 | |
Purchase price, other consideration | [3] | 0 | |
Purchase price, total | [3] | $ 2,978 | |
GLA (Square Foot) | ft² | [3] | 0 | |
Portfolio (8 Properties) [Member] | |||
Purchase price, cash | [4] | $ 152,078 | |
Purchase price, debt | [4] | 88,792 | |
Purchase price, other consideration | [4] | 135,663 | |
Purchase price, total | [4] | $ 376,533 | |
GLA (Square Foot) | ft² | [4] | 536 | |
Gordon Plaza [Member] | |||
Purchase price, cash | [3] | $ 5,573 | |
Purchase price, debt | [3] | 0 | |
Purchase price, other consideration | [3] | 0 | |
Purchase price, total | [3] | $ 5,573 | |
GLA (Square Foot) | ft² | [3] | 0 | |
The Gardens at Great Neck [Member] | |||
Purchase price, cash | [3] | $ 4,019 | |
Purchase price, debt | [3] | 0 | |
Purchase price, other consideration | [3] | 0 | |
Purchase price, total | [3] | $ 4,019 | |
GLA (Square Foot) | ft² | [3] | 0 | |
[1]Other includes the Company’s previously held equity investments in the Prudential Investment Program and net gains on change in control. The Company evaluated these transactions pursuant to the FASB’s Consolidation guidance and as a result, recognized gains on change in control of interest of $7.7 million, in aggregate, resulting from the fair value adjustments associated with the Company’s previously held equity interests, which are included in Equity in income of joint ventures, net on the Company’s Consolidated Statements of Operations. The Company previously held an ownership interest of 15.0% in these property interests. See Footnote 6 of the Notes to the Company’s Consolidated Financial Statements.[2]During March 2023, the Company received a parcel as consideration resulting from the exercise of a termination option of an operating lease.[3]Land parcel[4]Other consists of redeemable noncontrolling interest of $79.7 million and an embedded derivative liability associated with put and call options of these units of $56.0 million. See Footnotes 14 and 15 of the Company’s Consolidated Financial Statements for additional discussion regarding fair value allocation to unitholders for noncontrolling interests. |
Note 3 - Property Acquisition_4
Note 3 - Property Acquisitions - Purchase Price Allocation (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Other assets | $ 1,777 | $ 0 |
Other liabilities | (968) | (3,144) |
Net assets acquired/consolidated | 346,028 | 524,892 |
Tenant Improvements [Member] | ||
Allocation, finite-lived in tangibles | $ 22,675 | $ 11,689 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 3 months 18 days | 7 years 10 months 24 days |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 3 months 18 days | 7 years 10 months 24 days |
Allocation, finite-lived in tangibles | $ (22,675) | $ (11,689) |
Leases, Acquired-in-Place [Member] | ||
Allocation, finite-lived in tangibles | $ 47,805 | $ 28,405 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 5 years 2 months 12 days | 6 years 10 months 24 days |
Weighted-average amortization period, finite-lived in tangibles (Year) | 5 years 2 months 12 days | 6 years 10 months 24 days |
Allocation, finite-lived in tangibles | $ (47,805) | $ (28,405) |
Above Market Leases [Member] | ||
Allocation, finite-lived in tangibles | $ 4,981 | $ 8,408 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 8 months 12 days | 8 years 3 months 18 days |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 8 months 12 days | 8 years 3 months 18 days |
Allocation, finite-lived in tangibles | $ (4,981) | $ (8,408) |
Mortgage Fair Value Adjustment [Member] | ||
Allocation, finite-lived in tangibles | 0 | $ 9,430 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 6 months | |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 6 months | |
Allocation, finite-lived in tangibles | 0 | $ (9,430) |
Land [Member] | ||
Allocation, Property Plant and Equipment | 109,116 | 207,067 |
Building [Member] | ||
Allocation, Property Plant and Equipment | $ 166,067 | $ 271,525 |
Weighted-average amortization period, Property Plant and Equipment (Year) | 50 years | 50 years |
Building Improvements [Member] | ||
Allocation, Property Plant and Equipment | $ 23,846 | $ 13,273 |
Weighted-average amortization period, Property Plant and Equipment (Year) | 45 years | 45 years |
Solar Panels [Member] | ||
Allocation, finite-lived in tangibles | $ 0 | $ 2,308 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 20 years | |
Weighted-average amortization period, finite-lived in tangibles (Year) | 20 years | |
Allocation, finite-lived in tangibles | 0 | $ (2,308) |
Below-market Leases [Member] | ||
Allocation, finite-lived in tangibles | $ 29,271 | $ 24,069 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 23 years 8 months 12 days | 16 years 1 month 6 days |
Weighted-average amortization period, finite-lived in tangibles (Year) | 23 years 8 months 12 days | 16 years 1 month 6 days |
Allocation, finite-lived in tangibles | $ (29,271) | $ (24,069) |
Note 4 - Dispositions of Real_3
Note 4 - Dispositions of Real Estate (Details Textual) $ in Millions | 1 Months Ended | 2 Months Ended | 12 Months Ended | |||
Oct. 31, 2021 | Dec. 31, 2021 USD ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | ||
Financing Receivable, Face Amount | $ 25 | |||||
Disposal Group, Including Discontinued Operation, Consideration | [1],[2],[3] | $ 612.4 | 214.2 | $ 191.1 | $ 612.4 | |
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, Net of Tax, Attributable to Noncontrolling Interest | 1.8 | 1.7 | 3 | |||
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation | 1.6 | 1.2 | 2.2 | |||
Non-recouse Mortgage Debt Related to Property Deconsolidated [Member] | ||||||
Debt Instrument, Increase (Decrease), Net, Total | $ (170) | |||||
Jamestown [Member] | ||||||
Number of Real Estate Properties, Interest Disposed of or Transferred | 6 | |||||
Disposal Group, Including Discontinued Operation, Consideration | $ 425.8 | $ 425.8 | ||||
Deconsolidation, Gain (Loss), Amount | $ 0.4 | |||||
Jamestown [Member] | ||||||
Business Acquisition, Percentage of Voting Interests Acquired | 70% | |||||
Number of Real Estate Properties, Remaining Interest Acquired | 6 | |||||
Preferred Equity Investments [Member] | ||||||
Equity Method Investments | 104.1 | $ 69.4 | ||||
Joint Venture with BREIT [Member] | ||||||
Equity Method Investment, Ownership Percentage | 50% | 50% | ||||
Equity Method Investments | $ 130.1 | $ 130.1 | ||||
Admore PA Property [Member] | Preferred Equity Investments [Member] | ||||||
Equity Method Investment, Aggregate Cost | 19.6 | |||||
Equity Method Investments | $ 33.3 | |||||
[1]During 2021, the Company purchased its partner’s 70.0% remaining interest in Jamestown Portfolio, which is comprised of six property interests. The Company then entered into a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) in which it contributed these six properties for a gross sales price of $425.8 million, including $170.0 million of non-recourse mortgage debt. As a result, the Company no longer consolidates these six property interests and recognized a loss on change in control of interests of $0.4 million. The Company has a 50.0% investment in this joint venture ($130.1 million as of the date of deconsolidation), included in Investments in and advances to real estate joint ventures on the Company’s Consolidated Balance Sheets.[2]During 2023, the Company contributed a land parcel and related entitlements, located in Admore, PA, into a preferred equity investment with a gross value of $19.6 million. As a result, the Company no longer consolidates this land parcel and has a non-controlling interest in this investment. See Footnote 7 of the Notes to the Company’s Consolidated Financial Statements for preferred equity investment disclosure.[3]During 2023, the Company provided as a lender seller financing of $25.0 million related to the sale of an operating property located in Gresham, OR. See Footnote 11 of the Notes to the Company’s Consolidated Financial Statements for mortgage receivable loan disclosure. |
Note 4 - Dispositions of Real_4
Note 4 - Dispositions of Real Estate - Disposition Activity (Details) $ in Millions | 12 Months Ended | |||
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | ||
Aggregate sales price/gross fair value (1) (2) (3) | [1],[2],[3] | $ 214.2 | $ 191.1 | $ 612.4 |
Number of operating properties sold/deconsolidated (1) (3) | [1],[2] | 6 | 9 | 13 |
Disposition Activity Relating to Consolidated Operating Properties and Parcels [Member] | ||||
Gain on sale of properties (3) (4) | [1],[4] | $ 75 | $ 15.2 | $ 30.8 |
Number of parcels sold | 13 | 13 | 10 | |
[1]During 2021, the Company purchased its partner’s 70.0% remaining interest in Jamestown Portfolio, which is comprised of six property interests. The Company then entered into a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) in which it contributed these six properties for a gross sales price of $425.8 million, including $170.0 million of non-recourse mortgage debt. As a result, the Company no longer consolidates these six property interests and recognized a loss on change in control of interests of $0.4 million. The Company has a 50.0% investment in this joint venture ($130.1 million as of the date of deconsolidation), included in Investments in and advances to real estate joint ventures on the Company’s Consolidated Balance Sheets.[2]During 2023, the Company contributed a land parcel and related entitlements, located in Admore, PA, into a preferred equity investment with a gross value of $19.6 million. As a result, the Company no longer consolidates this land parcel and has a non-controlling interest in this investment. See Footnote 7 of the Notes to the Company’s Consolidated Financial Statements for preferred equity investment disclosure.[3]During 2023, the Company provided as a lender seller financing of $25.0 million related to the sale of an operating property located in Gresham, OR. See Footnote 11 of the Notes to the Company’s Consolidated Financial Statements for mortgage receivable loan disclosure.[4]For the years ended December 31, 2023, 2022 and 2021 amounts are before noncontrolling interests of $1.8 million, $1.7 million, and $3.0 million respectively and taxes of $1.6 million, $1.2 million and $2.2 million, respectively, after utilization of net operating loss carryforwards. |
Note 5 - Impairments (Details T
Note 5 - Impairments (Details Textual) $ in Millions | 12 Months Ended | ||
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Five Impaired Properties [Member] | |||
Impairment of Real Estate | $ 19.2 | ||
Impairment of Real Estate, Noncontrolling Interest | $ 16 | ||
Number of Real Estate Properties Impaired | 5 | ||
Equity Method Investments [Member] | |||
Impairment of Real Estate | $ 1 | $ 4.6 | $ 2.9 |
Note 5 - Impairments - Asset Im
Note 5 - Impairments - Asset Impairment Charges (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Asset Impairment Charges, Total | $ 14,043 | $ 21,958 | $ 3,597 | |
Total impairment charges | 14,000 | 22,000 | 3,600 | |
Properties Marketed for Sale [Member] | ||||
Asset Impairment Charges, Total | [1],[2] | 14,000 | 21,600 | 2,700 |
Cost Method Investment [Member] | ||||
Asset Impairment Charges, Total | $ 0 | $ 400 | $ 900 | |
[1]Amounts relate to adjustments to property carrying values for properties which the Company has marketed for sale and as such has adjusted the anticipated hold periods for such properties. The Company’s estimated fair values of these assets were primarily based upon estimated sales prices from signed contracts or letters of intent from third-party offers, which were less than the carrying value of the assets.[2]During 2022, the Company recognized impairment charges of $19.2 million, before noncontrolling interests of $16.0 million, related to five properties. |
Note 6 - Investment In and Ad_3
Note 6 - Investment In and Advances to Real Estate Joint Ventures (Details Textual) ft² in Thousands, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 USD ($) ft² | Dec. 31, 2022 USD ($) ft² | Dec. 31, 2021 | ||
Gross Leasable Area (Square Foot) | ft² | 1,145 | 934 | ||
Number of Properties Sold | [1],[2] | 6 | 9 | 13 |
Other Liabilities | $ 599,961 | $ 601,574 | ||
Prudential Investment Program [Member] | Operating Properties [Member] | ||||
Subsidiary, Ownership Percentage, Parent | 85% | |||
Real Estate Investments, Net | $ 150,700 | |||
Gain (Loss) on Change of Control of Equity Investments | $ 7,700 | |||
Prudential Investment Program [Member] | ||||
Tangible Asset Impairment Charges, Total | $ 15,100 | |||
All Equity Method Investments [Member] | ||||
Number of Real Estate Properties | 104 | 111 | ||
Gross Leasable Area (Square Foot) | ft² | 21,100 | 22,400 | ||
Kimco Income Fund [Member] | ||||
Payments to Acquire Interest in Subsidiaries and Affiliates, Total | $ 55,100 | |||
Equity Method Investment, Ownership Percentage | 52.10% | |||
Kimco Income Fund [Member] | Board of Directors Chairman [Member] | ||||
Payments to Acquire Interest in Subsidiaries and Affiliates, Total | 100 | |||
Prudential Investment Program [Member] | ||||
Tangible Asset Impairment Charges, Total | $ 2,300 | |||
Real Estate Joint Ventures [Member] | Operating Properties [Member] | ||||
Number of Properties Sold | 4 | 9 | ||
Equity Method Investment, Sales Price | $ 132,300 | $ 349,100 | ||
Equity Method Investment, Realized Gain (Loss) on Disposal | $ 300 | $ 39,300 | ||
Number of Land Parcels Sold | 2 | |||
KIR [Member] | ||||
Equity Method Investment, Ownership Percentage | 52.10% | |||
Other Joint Venture Programs [Member] | ||||
Other Liabilities | $ 5,100 | $ 5,300 | ||
Investments in and Advances to Real Estate Joint Ventures [Member] | ||||
Equity Method Investments | $ 1,087,804 | $ 1,091,551 | ||
[1]During 2021, the Company purchased its partner’s 70.0% remaining interest in Jamestown Portfolio, which is comprised of six property interests. The Company then entered into a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) in which it contributed these six properties for a gross sales price of $425.8 million, including $170.0 million of non-recourse mortgage debt. As a result, the Company no longer consolidates these six property interests and recognized a loss on change in control of interests of $0.4 million. The Company has a 50.0% investment in this joint venture ($130.1 million as of the date of deconsolidation), included in Investments in and advances to real estate joint ventures on the Company’s Consolidated Balance Sheets.[2]During 2023, the Company contributed a land parcel and related entitlements, located in Admore, PA, into a preferred equity investment with a gross value of $19.6 million. As a result, the Company no longer consolidates this land parcel and has a non-controlling interest in this investment. See Footnote 7 of the Notes to the Company’s Consolidated Financial Statements for preferred equity investment disclosure. |
Note 6 - Investments in and Adv
Note 6 - Investments in and Advances to Real Estate Joint Ventures - Investment Details (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
The company's investment | $ 18,937,794 | $ 18,457,242 | $ 18,052,271 | $ 12,068,827 | |
Kim Pru and Kim Pru II [Member] | |||||
Average ownership interest | 15% | ||||
The company's investment | $ 138,700 | 153,600 | |||
Kimco Income Fund [Member] | |||||
Average ownership interest | 52.10% | ||||
The company's investment | $ 286,300 | 281,500 | |||
CPP [Member] | |||||
Average ownership interest | 55% | ||||
The company's investment | $ 204,600 | 190,800 | |||
Other Institutional Joint Ventures [Member] | |||||
The company's investment | 247,500 | 256,800 | |||
Other Joint Venture Programs [Member] | |||||
The company's investment | 210,700 | 208,900 | |||
All Equity Method Investments [Member] | |||||
The company's investment | [1] | $ 1,087,800 | $ 1,091,600 | ||
[1]Representing 104 property interests and 21.1 million square feet of GLA, as of December 31, 2023, and 111 property interests and 22.4 million square feet of GLA, as of December 31, 2022. |
Note 6 - Investments in and A_2
Note 6 - Investments in and Advances to Real Estate Joint Ventures - The Company's Share of Net Income/(Loss) (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Income of joint ventures, net | $ 10,709 | $ 17,403 | $ 23,172 | |
Prudential Investment Program [Member] | ||||
Income of joint ventures, net | [1] | 16,400 | 9,600 | 17,500 |
KIR [Member] | ||||
Income of joint ventures, net | 34,700 | 70,300 | 36,900 | |
CPP [Member] | ||||
Income of joint ventures, net | 8,700 | 10,600 | 9,200 | |
Other Institutional Joint Ventures [Member] | ||||
Income of joint ventures, net | 2,600 | 7,000 | 1,700 | |
Other Joint Venture Programs [Member] | ||||
Income of joint ventures, net | 9,900 | 12,000 | 19,500 | |
Joint Ventures [Member] | ||||
Income of joint ventures, net | $ 72,278 | $ 109,481 | $ 84,778 | |
[1]During 2022, the Prudential Investment Program recognized an impairment charge on a property of $15.1 million, of which the Company’s share was $2.3 million. |
Note 6 - Investments in and A_3
Note 6 - Investments in and Advances to Real Estate Joint Ventures - Joint Venture Investments Accounted for Under the Equity Method, Debt Details (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | ||
Mortgage and notes payable | $ 1,248.9 | $ 1,383.4 | |
Prudential Investment Program [Member] | |||
Mortgage and notes payable | $ 291.6 | $ 380.1 | |
Weighted average interest rate | 6% | 5.20% | |
Weighted average remaining term (Month) | [1] | 24 months 18 days | 33 months 3 days |
KIR [Member] | |||
Mortgage and notes payable | $ 273.4 | $ 297.9 | |
Weighted average interest rate | 5.82% | 5.46% | |
Weighted average remaining term (Month) | [1] | 39 months 6 days | 47 months 6 days |
CPP [Member] | |||
Mortgage and notes payable | $ 81.9 | $ 83.1 | |
Weighted average interest rate | 5.12% | 6.14% | |
Weighted average remaining term (Month) | [1] | 31 months | 43 months |
Other Institutional Joint Ventures [Member] | |||
Mortgage and notes payable | $ 234.1 | $ 233.5 | |
Weighted average interest rate | 5.76% | 4.30% | |
Weighted average remaining term (Month) | [1] | 35 months 21 days | 47 months 21 days |
Other Joint Venture Programs [Member] | |||
Mortgage and notes payable | $ 367.9 | $ 388.8 | |
Weighted average interest rate | 4.44% | 4.10% | |
Weighted average remaining term (Month) | [1] | 59 months 18 days | 71 months 24 days |
[1]Average remaining term includes extensions |
Note 6 - Investment and Advance
Note 6 - Investment and Advances in Real Estate Joint Ventures - Investment and Advances to Real Estate Joint Ventures - Balance Sheets (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |
Total real estate, net | $ 15,094,925 | $ 15,039,828 | |
Other assets, net | 241,948 | 253,779 | |
Assets | [1] | 18,274,022 | 17,826,122 |
Notes payable, net | 7,262,851 | 6,780,969 | |
Secured Debt | 353,945 | 376,917 | |
Other Liabilities | 599,961 | 601,574 | |
Accumulated other comprehensive income | 3,329 | 10,581 | |
Members’ capital | 9,525,465 | 9,515,508 | |
Total Liabilities and Members’ Capital | 18,274,022 | 17,826,122 | |
Equity, Attributable to Noncontrolling Interest | 127,993 | 131,401 | |
KIR [Member] | |||
Total real estate, net | 669,200 | 668,700 | |
Other assets, net | 67,500 | 72,400 | |
Assets | 736,700 | 741,100 | |
Notes payable, net | 273,400 | 272,900 | |
Secured Debt | 0 | 25,000 | |
Other Liabilities | 15,900 | 13,900 | |
Accumulated other comprehensive income | 600 | 0 | |
Members’ capital | 446,800 | 429,300 | |
Total Liabilities and Members’ Capital | 736,700 | 741,100 | |
Excluding KIR [Member] | |||
Total real estate, net | 3,156,200 | 3,440,100 | |
Other assets, net | 251,600 | 208,400 | |
Assets | 3,407,800 | 3,648,500 | |
Notes payable, net | 159,900 | 159,500 | |
Secured Debt | 815,600 | 925,900 | |
Other Liabilities | 70,900 | 78,800 | |
Accumulated other comprehensive income | 5,100 | 6,300 | |
Members’ capital | 2,321,900 | 2,444,500 | |
Total Liabilities and Members’ Capital | 3,407,800 | 3,648,500 | |
Equity, Attributable to Noncontrolling Interest | $ 34,400 | $ 33,500 | |
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 2023 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements. |
Note 6 - Investment and Advan_2
Note 6 - Investment and Advances in Real Estate Joint Ventures - Investment and Advances to Real Estate Joint Ventures - Income Statements (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues, net | $ 1,783,400 | $ 1,727,684 | $ 1,364,585 |
Operating expenses | (1,219,599) | (1,177,399) | (971,140) |
Depreciation and amortization | (507,265) | (505,000) | (395,320) |
Interest expense | (250,201) | (226,823) | (204,133) |
Other expense, net | 39,960 | 28,829 | 19,810 |
Net income | 654,273 | 125,976 | 844,059 |
Impairment charges | (14,043) | (21,958) | (3,597) |
Net income | 665,949 | 114,534 | 849,696 |
KIR [Member] | |||
Revenues, net | 174,100 | 182,500 | 186,600 |
Operating expenses | (46,700) | (48,200) | (51,300) |
Depreciation and amortization | (38,500) | (39,400) | (40,300) |
Gain on sale of properties | 0 | 76,200 | 0 |
Interest expense | (16,800) | (15,500) | (18,100) |
Other expense, net | (600) | (1,200) | (2,100) |
Net income | 71,500 | 154,400 | 74,800 |
Excluding KIR [Member] | |||
Revenues, net | 378,400 | 395,200 | 340,300 |
Operating expenses | (126,600) | (126,900) | (111,700) |
Depreciation and amortization | (108,200) | (119,000) | (97,200) |
Gain on sale of properties | 48,000 | 24,700 | 61,500 |
Interest expense | (55,400) | (38,600) | (27,600) |
Other expense, net | (6,400) | (6,200) | (900) |
Impairment charges | (17,800) | (21,100) | (23,500) |
Net income | $ 112,000 | $ 108,100 | $ 140,900 |
Note 7 - Other Investments (Det
Note 7 - Other Investments (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income (Loss) from Equity Method Investments | $ 10,709 | $ 17,403 | $ 23,172 |
Secured Debt | 353,945 | 376,917 | |
Other Real Estate Investments [Member] | |||
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 144,089 | 107,581 | |
Income (Loss) from Equity Method Investments | 10,709 | 17,403 | $ 23,172 |
Preferred Equity Investments [Member] | |||
Equity Method Investments | 104,100 | 69,400 | |
Income (Loss) from Equity Method Investments | 11,100 | $ 16,900 | |
Secured Debt | $ 231,200 | ||
Debt Instrument, Interest Rate, Stated Percentage | 8.14% | ||
Preferred Equity Investments [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | |||
Debt Instrument, Basis Spread on Variable Rate | 2.65% | ||
Preferred Equity Investments [Member] | Minimum [Member] | |||
Debt Instrument, Term (Year) | 1 year | ||
Debt Instrument, Interest Rate, Stated Percentage | 4.19% | ||
Preferred Equity Investments [Member] | Admore PA Property [Member] | |||
Equity Method Investments | $ 33,300 | ||
Equity Method Investment, Aggregate Cost | $ 19,600 |
Note 8 - Marketable Securitie_2
Note 8 - Marketable Securities (Details Textual) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Proceeds from Sale and Maturity of Marketable Securities | $ 292,552 | $ 302,504 | $ 377 |
Albertsons Companies, Inc [Member] | |||
Dividend Income, Equity Securities, Operating | $ 194,100 | ||
Marketable Securities, Cash Dividend Receivable, Per Share (in dollars per share) | $ 0.09 | ||
Sale of Marketable Securities (in shares) | 14.1 | 11.5 | |
Proceeds from Sale and Maturity of Marketable Securities | $ 282,300 | $ 301,100 | |
Equity Securities, FV-NI, Realized Gain (Loss) | 241,200 | 251,500 | |
Equity Securities, Taxes Paid on Capital Gains | $ 60,900 | $ 57,200 | |
Investment Owned, Balance, Shares (in shares) | 14.2 |
Note 8 - Marketable Securitie_3
Note 8 - Marketable Securities - Amortized Cost and Unrealized Gain (Loss) (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
Amortized cost | $ 40,110 | $ 87,411 |
Unrealized gains, net | 289,947 | 510,321 |
Marketable securities | $ 330,057 | $ 597,732 |
Note 8 - Marketable Securitie_4
Note 8 - Marketable Securities - Net Gain (Loss) of Investment (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Gain/(loss) on marketable securities, net | $ 21,262 | $ (315,508) | $ 505,163 |
Dividend income (included in Other income, net and Special dividend income) | 202,749 | 18,002 | 16,958 |
Gain/(loss) on marketable securities, net | 21,262 | (315,508) | 505,163 |
Less: Net gain/(loss) recognized related to marketable securities sold | 10,614 | (15,120) | 0 |
Unrealized gain/(loss) related to marketable securities still held | $ 31,876 | $ (330,628) | $ 505,163 |
Note 9 - Accounts and Notes R_3
Note 9 - Accounts and Notes Receivable - Components of Accounts and Notes Receivable (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |
Billed tenant receivables | $ 30,444 | $ 33,801 | |
Unbilled common area maintenance, insurance and tax reimbursements | 55,499 | 56,001 | |
Deferred rent receivables | 578 | 1,905 | |
Defined benefit plan receivable (1) | [1] | 0 | 14,421 |
Other receivables | 9,508 | 8,361 | |
Straight-line rent receivables | 211,588 | 189,737 | |
Total accounts and notes receivable, net | $ 307,617 | $ 304,226 | |
[1]See Footnote 23 of the Notes to the Consolidated Financial Statements for defined benefit plan disclosure. |
Note 10 - Leases (Details Textu
Note 10 - Leases (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Difference Between Rental Income Contracted and Rental Income Recognized | $ 22,500 | $ 33,800 | $ 22,600 | |
Other Assets [Member] | ||||
Finance Lease, Right-of-Use Asset, after Accumulated Amortization | 26,200 | |||
Other Liabilities [Member] | ||||
Finance Lease, Liability | [1],[2] | $ 24,432 | ||
Minimum [Member] | ||||
Lessee, Operating Lease, Remaining Lease Term (Year) | 1 year | |||
Maximum [Member] | ||||
Lessee, Operating Lease, Remaining Lease Term (Year) | 47 years 10 months 24 days | |||
Lessee, Operating Lease, Renewal Term (Year) | 75 years | |||
Shopping Centers [Member] | Minimum [Member] | ||||
Lessor, Operating Lease, Term of Contract (Year) | 5 years | |||
Shopping Centers [Member] | Maximum [Member] | ||||
Lessor, Operating Lease, Term of Contract (Year) | 25 years | |||
Annual Minimum Rentals Plus Incremental Rents [Member] | Rental Revenue [Member] | Customer Concentration Risk [Member] | ||||
Concentration Risk, Percentage | 98% | 98% | 98% | |
[1]Includes bargain purchase options exercisable in 2023 related to two properties.[2]Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company's Consolidated Balance Sheets. |
Note 10 - Leases - Lease Income
Note 10 - Leases - Lease Income (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Fixed lease income | [1] | $ 1,409,609 | $ 1,353,024 | $ 1,045,888 |
Variable lease income | [2] | 354,093 | 339,722 | 264,040 |
Above-market and below-market leases amortization, net | 17,253 | 13,591 | 14,843 | |
Adjustments for potentially uncollectible revenues and disputed amounts (3) | [3] | (13,898) | 4,511 | 24,931 |
Total lease income | $ 1,767,057 | $ 1,710,848 | $ 1,349,702 | |
[1]Includes minimum base rents, expense reimbursements, ancillary income and straight-line rent adjustments.[2]Includes minimum base rents, expense reimbursements, percentage rent, lease termination fee income and ancillary income.[3]The amounts represent adjustments associated with potentially uncollectible revenues and disputed amounts. |
Note 10 - Leases - Minimum Reve
Note 10 - Leases - Minimum Revenues (Details) $ in Millions | Dec. 31, 2023 USD ($) |
2024 | $ 1,351 |
2025 | 1,258.7 |
2026 | 1,111.4 |
2027 | 938.5 |
2028 | 741.7 |
Thereafter | $ 3,224.1 |
Note 10 - Leases - Lease Cost (
Note 10 - Leases - Lease Cost (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Weighted-average remaining lease term, operating leases (Year) | 24 years | |||
Weighted-average remaining lease term, finance leases (Year) | 1 year | |||
Weighted-average discount rate, operating leases | 6.65% | |||
Weighted-average discount rate, finance leases | 6% | |||
Finance lease cost | [1] | $ 1,261 | $ 1,294 | $ 569 |
Operating lease cost | 14,736 | 12,994 | 11,637 | |
Variable lease cost | 2,241 | 4,143 | 3,972 | |
Total lease cost | $ 18,238 | $ 18,431 | $ 16,178 | |
[1]Relates to interest expense on finance lease liabilities, which were acquired in connection with the Merger. |
Note 10 - Leases - Future Minim
Note 10 - Leases - Future Minimum Lease payments (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||
2024, operating lease | $ 11,806 | |||
2024, finance lease | [1] | 25,890 | ||
2025, operating lease | 11,291 | |||
2025, finance lease | [1] | 0 | ||
2026, operating lease | 10,626 | |||
2026, finance lease | [1] | 0 | ||
2027, operating lease | 10,342 | |||
2027, finance lease | [1] | 0 | ||
2028, operating lease | 10,366 | |||
2028, finance lease | 0 | |||
Thereafter, operating lease | 178,334 | |||
Thereafter, finance lease | [1] | 0 | ||
Total minimum lease payments, operating lease | 232,765 | |||
Total minimum lease payments, finance lease | [1] | 25,890 | ||
Less imputed interest, operating lease | (122,780) | |||
Less imputed interest, finance lease | [1] | (1,458) | ||
Total lease liabilities, operating lease | 109,985 | [2] | $ 113,679 | |
Other Liabilities [Member] | ||||
Total lease liabilities, finance lease | [1],[2] | $ 24,432 | ||
[1]Includes bargain purchase options exercisable in 2023 related to two properties.[2]Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company's Consolidated Balance Sheets. |
Note 11 - Other Assets (Details
Note 11 - Other Assets (Details Textual) $ in Millions | 12 Months Ended | ||
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Number of Loans | 3 | ||
Property Held-for-sale, Net Carrying Amount | $ 56.3 | ||
Proceeds from Loans | 60.2 | ||
Capitalized Computer Software, Net | $ 18.2 | 18.4 | |
Capitalized Computer Software, Amortization | $ 4.5 | $ 3.5 | $ 3.1 |
Minimum [Member] | |||
Loans and Leases Receivable, Interest Rate | 8% | ||
Maximum [Member] | |||
Loans and Leases Receivable, Interest Rate | 12.50% |
Note 11 - Other Assets - Mortga
Note 11 - Other Assets - Mortgage Loans and Other Financing Receivables (Details) $ in Millions | Dec. 31, 2023 USD ($) |
Financing Receivable November 2026 [Member] | |
Face amount | $ 7.3 |
Interest rate | 10.50% |
Financing Receivable Maturing In April 24 [Member] | |
Face amount | $ 25 |
Interest rate | 8% |
Financing Receivable Maturing December 2024 [Member] | |
Face amount | $ 11.2 |
Interest rate | 14% |
Financing Receivable Maturing February 2024 [Member] | |
Face amount | $ 22 |
Interest rate | 10% |
Financing Receivable Maturing June 2025 [Member] | |
Face amount | $ 16.5 |
Interest rate | 9% |
Financing Receivable Maturing June 2029 [Member] | |
Face amount | $ 19.6 |
Interest rate | 10% |
Financing Receivable Maturing May 2029 [Member] | |
Face amount | $ 14 |
Interest rate | 8% |
Financing Receivable Maturing July 2022 [Member] | |
Face amount | $ 3 |
Interest rate | 8% |
Note 12 - Notes Payable (Detail
Note 12 - Notes Payable (Details Textual) - USD ($) $ in Thousands | 1 Months Ended | 12 Months Ended | ||||
Feb. 28, 2023 | Sep. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | Feb. 29, 2020 | |
Debt Covenants Dividend Payment Restriction Maximum Payment | $ 26,000 | |||||
Senior Unsecured Notes [Member] | ||||||
Debt Instrument, Redemption, Prepayment Charges | $ 0 | $ 6,500 | ||||
Write off of Deferred Debt Issuance Cost | $ 700 | |||||
Unsecured Debt [Member] | ||||||
Debt Issuance Costs, Net | 65,000 | |||||
Liabilities, Fair Value Adjustment | $ 24,900 | |||||
Revolving Credit Facility [Member] | ||||||
Debt Instrument, Basis Spread on Variable Rate | 0.775% | |||||
Line of Credit Facility, Current Borrowing Capacity | $ 2,000,000 | $ 2,000,000 | ||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 2,750,000 | |||||
Debt Instrument, Interest Rate, Effective Percentage | 6.21% | |||||
Long-Term Line of Credit | $ 0 | |||||
Revolving Credit Facility [Member] | Maximum [Member] | ||||||
Debt Instrument, Interest Rate, Increase (Decrease) | 0.04% | |||||
Revolving Credit Facility [Member] | Other Assets [Member] | ||||||
Debt Issuance Costs, Net | $ 6,700 | $ 2,500 | ||||
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) [Member] | ||||||
Debt Instrument, Basis Spread on Variable Rate | 0.755% | |||||
Line of Credit [Member] | ||||||
Long-Term Line of Credit | $ 0 |
Note 12 - Notes Payable - Notes
Note 12 - Notes Payable - Notes Payable (Details) - USD ($) $ in Millions | 12 Months Ended | 24 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | ||
Balance, Net | $ 7,262.9 | $ 6,781 | |
Weighted Average [Member] | |||
Interest Rate | [1] | 3.66% | 3.45% |
Notes Payable [Member] | |||
Fair value debt adjustments, net | $ 24.9 | $ 44.4 | |
Deferred financing costs, net (2) | [2] | (65) | (66.4) |
Unsecured Debt [Member] | |||
Gross Balance | 7,303 | ||
Fair value debt adjustments, net | 24.9 | ||
Unsecured Debt [Member] | Notes Payable [Member] | |||
Gross Balance | 7,303 | 6,803 | |
Line of Credit [Member] | Notes Payable [Member] | |||
Gross Balance | [3] | $ 0 | $ 0 |
[1]Weighted-average interest rate[2]As of December 31, 2023 and 2022, the Company had $6.7 million and $2.5 million of deferred financing costs, net related to the Credit Facility that are included in Other assets on the Company’s Consolidated Balance Sheets, respectively.[3]Accrues interest at a rate of Adjusted Term Secured Overnight Financing Rate (“Adjusted Term SOFR”), as defined, plus 0.755% as of December 31, 2023 and 2022. |
Note 12 - Notes Payable - Debt
Note 12 - Notes Payable - Debt Issued (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2023 | ||
October 2023 Senior Unsecured Note [Member] | |||
Amount Issued | $ 500 | ||
Debt Instrument, Interest Rate, Stated Percentage | 6.40% | ||
Senior Unsecured Notes 1 [Member] | |||
Debt Instrument, Interest Rate, Stated Percentage | [1] | 3.50% | |
Amount Repaid | [1] | $ 299.7 | |
August 2022 Senior Unsecured Note [Member] | |||
Amount Issued | $ 650 | ||
Debt Instrument, Interest Rate, Stated Percentage | 4.60% | ||
Senior Unsecured Notes 2 [Member] | |||
Debt Instrument, Interest Rate, Stated Percentage | [2] | 3.125% | |
Amount Repaid | [2] | $ 350 | |
February 2022 Senior Unsecured Notes [Member] | |||
Amount Issued | $ 600 | ||
Debt Instrument, Interest Rate, Stated Percentage | 3.20% | ||
Senior Unsecured Notes 3 [Member] | |||
Debt Instrument, Interest Rate, Stated Percentage | [2] | 3.375% | |
Amount Repaid | [2] | $ 299.4 | |
Senior Unsecured Notes 4 [Member] | |||
Debt Instrument, Interest Rate, Stated Percentage | [3] | 3.40% | |
Amount Repaid | [3] | $ 500 | |
[1]There was no prepayment charge associated with this early repayment.[2]Includes partial repayments during May and June 2022.[3]The Company incurred a prepayment charge of $6.5 million and $0.7 million in write-off of deferred financing costs resulting from this early repayment, which are included in Early extinguishment of debt charges on the Company's Condensed Consolidated Statements of Income. |
Note 12 - Notes Payable - Matur
Note 12 - Notes Payable - Maturities of All Unsecured Notes Payable (Details) - Unsecured Debt [Member] $ in Millions | Dec. 31, 2023 USD ($) |
2024 | $ 646.2 |
2025 | 740.5 |
2026 | 773 |
2027 | 433.7 |
2028 | 409.6 |
Thereafter | 4,300 |
Total | $ 7,303 |
Note 13 - Mortgages Payable (De
Note 13 - Mortgages Payable (Details Textual) $ in Millions | 12 Months Ended | |
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | |
Nonrecourse Mortages Assumed Through Consolidation [Member] | ||
Noncash or Part Noncash Acquisition, Debt Assumed | $ 37.2 | |
Number of Real Estate Properties | 2 | |
Mortgage Relating to An Operating Property [Member] | ||
Number of Real Estate Properties | 2 | |
Repayments of Long-Term Debt | $ 12.3 | $ 158.4 |
Liabilities, Fair Value Adjustment | $ 0.5 | |
Number of Encumbered Operating Properties | 11 | |
Proceeds from Issuance of Long-Term Debt, Total | $ 19 | |
Mortgage Debt Assumed in the Weingarten Acquisition [Member] | ||
Noncash or Part Noncash Acquisition, Debt Assumed | 79.4 | |
Liabilities, Fair Value Adjustment | $ 9.4 | |
Number of Encumbered Operating Properties | 6 | |
Mortgages [Member] | ||
Debt Instrument, Unamortized Discount (Premium), Net | 0.6 | |
Debt Issuance Costs, Net | $ 1.2 | $ 1.7 |
Note 13 - Mortgages Payable - M
Note 13 - Mortgages Payable - Mortgages Payable (Details) - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 | |
Balance, Net | $ 7,262.9 | $ 6,781 | |
Weighted Average [Member] | |||
Interest Rate | [1] | 3.66% | 3.45% |
Mortgages [Member] | |||
Gross Balance | $ 355.7 | $ 379.3 | |
Interest Rate | [1] | 4.22% | |
Fair value debt adjustments, net | $ (0.6) | (0.7) | |
Deferred financing costs, net | (1.2) | (1.7) | |
Balance, Net | $ 353.9 | $ 376.9 | |
Mortgages [Member] | Minimum [Member] | |||
Interest Rate | 3.23% | ||
Mortgages [Member] | Maximum [Member] | |||
Interest Rate | 7.23% | ||
Mortgages [Member] | Weighted Average [Member] | |||
Interest Rate | [1] | 4.16% | |
[1]Weighted-average interest rate |
Note 13 - Mortgages Payable -_2
Note 13 - Mortgages Payable - Maturities of All Mortgages Payable (Details) - Mortgages Payable and Construction Loans [Member] $ in Millions | Dec. 31, 2023 USD ($) |
2024 | $ 21.3 |
2025 | 73 |
2026 | 7.4 |
2027 | 39 |
2028 | 113.8 |
Thereafter | 101.2 |
Total | $ 355.7 |
Note 14 - Other Liabilities (De
Note 14 - Other Liabilities (Details Textual) $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 USD ($) shares | Dec. 31, 2022 USD ($) shares | |
Payments to Acquire Real Estate, Total | $ 276,718 | $ 300,437 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 30,900 | |
Cash Paid to Noncontrolling Interests to Settle Capital Units | $ 43,500 | |
Common Units [Member] | ||
Common Unit, Issued (in shares) | shares | 56,548 | |
Outside Preferred Units [Member] | ||
Limited Partners' Capital Account, Units Issued (in shares) | shares | 2,183,075 | |
Preferred Outside Partner Units [Member] | ||
Preferred Units, Issued (in shares) | shares | 2,126,527 | |
Eight Purchased Properties [Member] | ||
Number of Real Estate Properties | 8 | |
Real Estate Acquired, Value | $ 376,500 | |
Real Estate Acquired, Value Encumbered | 88,800 | |
Payments to Acquire Real Estate, Total | 152,100 | |
Units Issued to Acquire Real Estate, Value | $ 135,700 | |
Units Issuedc Call Option, Expiration Period (Year) | 10 years | |
Units Issued, Put Option, First Anniversary Purchase Ownership Interest | 50% | |
Units Issued, Put Option, Second Anniversary Purchase Ownership Interest | 25% | |
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 56,000 | |
Eight Purchased Properties [Member] | Preferred Units [Member] | ||
Units Issued to Acquire Real Estate (in shares) | shares | 6,104,831 | |
Eight Purchased Properties [Member] | Common Units [Member] | ||
Units Issued to Acquire Real Estate (in shares) | shares | 678,306 |
Note 15 - Noncontrolling Inte_3
Note 15 - Noncontrolling Interests and Redeemable Noncontrolling Interests (Details Textual) $ / shares in Units, $ in Thousands | 12 Months Ended | ||||
Aug. 03, 2021 USD ($) shares | Dec. 31, 2023 USD ($) shares | Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) | Dec. 31, 2006 USD ($) $ / shares shares | |
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 13 | $ 891 | |||
Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total | 72,277 | 92,933 | $ 13,480 | ||
Cash Paid to Noncontrolling Interests to Settle Capital Units | 43,500 | ||||
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | 21,070 | 209 | |||
Proceeds from Sale of Property Held-for-sale | 160,064 | 184,294 | 302,841 | ||
Asset Impairment Charges, Total | 14,043 | $ 21,958 | $ 3,597 | ||
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 30,900 | ||||
Properties Held in Consolidated Joint Venture [Member] | |||||
Number of Properties Held in Consolidated Joint Venture | 5 | ||||
Asset Impairment Charges, Total | $ 19,000 | ||||
Noncontrolling Interest, Impairment Shares Amount | 15,800 | ||||
Properties Held in Consolidated Joint Venture [Member] | Disposal Of Five Operating Properties [Member] | Discontinued Operations, Disposed of by Sale [Member] | |||||
Disposal Group, Including Discontinued Operation, Financing Liabilities | 42,800 | ||||
Proceeds from Sale of Property Held-for-sale | 105,500 | ||||
Noncontrolling Interests, Amount Received from Disposal of Properties | $ 50,300 | ||||
Consolidated Joint Ventures Structured as DownREIT Partnerships [Member] | |||||
Non-controlling Interest, Units Redeemed (in shares) | shares | 174,411 | 73,286 | |||
Cash Paid to Noncontrolling Interests to Settle Capital Units | $ 3,000 | ||||
Stock Issued During Period, Shares, Redemption/ Conversion of Noncontrolling Interests (in shares) | shares | 73,286 | ||||
Non-controlling Interest, Cumulative Par Value | $ 1,700 | ||||
Consolidated Joint Venture [Member] | |||||
Subsidiary, Ownership Percentage, Parent | 15% | ||||
Weingarten Realty Investors [Member] | Consolidated Joint Ventures Structured as DownREIT Partnerships [Member] | |||||
Redeemable Units to Company Common Stock, Ratio | 1 | ||||
Number of Operating Properties Acquired | 2 | ||||
Redeemable Noncontrolling Interest, Equity, Fair Value, Total | $ 41,700 | ||||
Weingarten Realty Investors [Member] | Raleigh Limited Partnership [Member] | |||||
Non-controlling Interest, Units (in shares) | shares | 1,813,615 | ||||
Weingarten Realty Investors [Member] | Madison Village Limited Partnership [Member] | |||||
Non-controlling Interest, Units (in shares) | shares | 174,411 | ||||
Weingarten Realty Investors [Member] | Consolidated Joint Ventures Other than DownREIT Partnerships [Member] | |||||
Redeemable Noncontrolling Interest, Equity, Fair Value, Total | 34,900 | $ 38,600 | |||
Convertible Units [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 5,300 | ||||
Non-controlling Interest, Units (in shares) | shares | 138,015 | ||||
Convertible Units [Member] | Fair Market Value Adjustments [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 300 | ||||
Capital Units, Class B [Member] | |||||
Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total | $ 16,100 | $ 16,100 | |||
Non-controlling Interest, Units Issued (in shares) | shares | 647,758 | ||||
Non-controlling Interest, Par Value (in dollars per share) | $ / shares | $ 37.24 | ||||
Redeemable Units to Company Common Stock, Ratio | 1 | ||||
Non-controlling Interest, Units (in shares) | shares | 377,837 | 377,837 | |||
Noncontrolling Interest [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 13 | $ 891 | |||
Noncontrolling Interest [Member] | Consolidated Joint Ventures Structured as DownREIT Partnerships [Member] | |||||
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | 3,700 | 1,500 | |||
Additional Paid-in Capital [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 0 | 0 | |||
Additional Paid-in Capital [Member] | Consolidated Joint Ventures Structured as DownREIT Partnerships [Member] | |||||
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | $ 700 | 1,500 | |||
PUERTO RICO | |||||
Number of Real Estate Properties | 7 | ||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 233,000 | ||||
Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total | 4,700 | ||||
PUERTO RICO | Fair Market Value Adjustments [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 15,100 | ||||
PUERTO RICO | Non-convertible Units [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 158,600 | ||||
PUERTO RICO | Convertible Units [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 45,800 | ||||
PUERTO RICO | Premiums [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 13,500 | ||||
Long Island, NY [Member] | |||||
Number of Real Estate Properties | 8 | ||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 135,700 | ||||
Cash Paid to Noncontrolling Interests to Settle Capital Units | 43,500 | ||||
Embedded Derivative, Fair Value of Embedded Derivative Liability | 56,000 | ||||
Increase (Decrease) in Other Operating Liabilities | (22,400) | ||||
Long Island, NY [Member] | Noncontrolling Interest [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 79,700 | ||||
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | $ 21,100 | ||||
Long Island, NY [Member] | Preferred Units [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 122,100 | ||||
Non-controlling Interest, Units Redeemed (in shares) | shares | 2,126,527 | ||||
Long Island, NY [Member] | Common Units [Member] | |||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 13,600 | ||||
Non-controlling Interest, Units Redeemed (in shares) | shares | 56,548 |
Note 15 - Noncontrolling Inte_4
Note 15 - Noncontrolling Interests and Redeemable Noncontrolling Interests - Convertible Non-convertible Units (Details) | 12 Months Ended | |
Dec. 31, 2023 $ / shares shares | ||
Preferred Outside Partner Units [Member] | ||
Par Value Per Unit (in dollars per share) | $ / shares | $ 20 | |
Number of Units Remaining (in shares) | shares | 3,978,304 | |
Return Per Annum | 3.75% | |
Common Outside Partner Units [Member] | ||
Par Value Per Unit (in dollars per share) | $ / shares | $ 20 | |
Number of Units Remaining (in shares) | shares | 621,758 | |
Class B-1 Preferred Units [Member] | ||
Par Value Per Unit (in dollars per share) | $ / shares | $ 10,000 | [1] |
Number of Units Remaining (in shares) | shares | 166 | [1] |
Return Per Annum | 7% | [1] |
Class B-2 Preferred Units [Member] | ||
Par Value Per Unit (in dollars per share) | $ / shares | $ 10,000 | [2] |
Number of Units Remaining (in shares) | shares | 21 | [2] |
Return Per Annum | 7% | [2] |
Class C DownReit Units [Member] | ||
Par Value Per Unit (in dollars per share) | $ / shares | $ 30.52 | [1] |
Number of Units Remaining (in shares) | shares | 52,797 | [1] |
[1]These units are redeemable for cash by the holder or at the Company’s option, shares of the Company’s common stock, based upon the conversion calculation as defined in the agreement. These units are included in Noncontrolling interests on the Company’s Consolidated Balance Sheets.[2]These units are redeemable for cash by the holder or callable by the Company and are included in Redeemable noncontrolling interests on the Company's Consolidated Balance Sheets. |
Note 15 - Noncontrolling Inte_5
Note 15 - Noncontrolling Interests and Redeemable Noncontrolling Interests - Redemption Value of the Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Balance | $ 92,933 | $ 13,480 | ||
Fair value allocation to unitholders/partnership interest (1) | [1] | 0 | 79,663 | |
Income | 5,820 | 1,770 | ||
Distributions | (5,820) | (1,771) | ||
Redemption/conversion of noncontrolling interests (1) | (21,070) | (209) | ||
Adjustment to estimated redemption value | 414 | 0 | $ (2,304) | |
Balance | $ 72,277 | $ 92,933 | $ 13,480 | |
[1]Relates to Preferred and Common Outside Partner Units, which were issued during 2022 and partially redeemed during 2023 described above. |
Note 16 - Variable Interest E_3
Note 16 - Variable Interest Entities ("VIE") (Details Textual) $ in Thousands | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | |
Assets | [1] | $ 18,274,022 | $ 17,826,122 |
Variable Interest Entity, Primary Beneficiary [Member] | |||
Variable Interest Entity, Number of Entities | 30 | 32 | |
Consolidated Operating Properties [Member] | |||
Variable Interest Entity, Number of Entities | 30 | 32 | |
Consolidated Operating Properties [Member] | Variable Interest Entity, Primary Beneficiary [Member] | |||
Assets | $ 1,800,000 | $ 1,800,000 | |
Liabilities, Current | 180,900 | $ 199,100 | |
Unconsolidated Redevelopment Properties [Member] | |||
Noncontrolling Interest in Variable Interest Entity | 33,300 | ||
Unconsolidated Redevelopment Properties [Member] | Maximum [Member] | |||
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount | $ 35,700 | ||
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 2023 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements. |
Note 16 - Variable Interest E_4
Note 16 - Variable Interest Entities ("VIE") - Summary of Restricted Assets and VIE Liabilities (Details) $ in Thousands | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | ||
Real estate, net | $ 15,094,925 | $ 15,039,828 | ||
Cash and cash equivalents | 780,518 | 146,970 | ||
Accounts and notes receivable, net | 307,617 | 304,226 | ||
Other assets, net | 241,948 | 253,779 | ||
Assets | [1] | 18,274,022 | 17,826,122 | |
Secured Debt | 353,945 | 376,917 | ||
Accounts payable and accrued expenses | 216,237 | 207,815 | ||
Operating lease liabilities | 109,985 | [2] | 113,679 | |
Other Liabilities | 599,961 | 601,574 | ||
Total VIE Liabilities | [3] | $ 8,548,287 | $ 8,086,280 | |
Variable Interest Entity, Unencumbered [Member] | ||||
Number of consolidated VIEs | 28 | 29 | ||
Variable Interest Entity, Encumbered by Third Party Non-resource Mortgage Debt [Member] | ||||
Number of consolidated VIEs | 2 | 3 | ||
Variable Interest Entity, Primary Beneficiary [Member] | ||||
Number of consolidated VIEs | 30 | 32 | ||
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member] | ||||
Secured Debt | $ 97,300 | $ 109,700 | ||
Accounts payable and accrued expenses | 11,400 | 10,900 | ||
Operating lease liabilities | 5,000 | 5,200 | ||
Other Liabilities | 67,200 | 73,300 | ||
Total VIE Liabilities | 180,855 | 199,132 | ||
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member] | ||||
Real estate, net | 379,800 | 425,500 | ||
Cash and cash equivalents | 3,900 | 7,900 | ||
Accounts and notes receivable, net | 3,600 | 1,700 | ||
Other assets, net | 1,300 | 1,500 | ||
Assets | $ 388,620 | $ 436,605 | ||
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at December 31, 2023 and 2022 of $388,620 and $436,605, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements.[2]Operating lease liabilities are included in Operating lease liabilities and financing lease liabilities are included in Other liabilities on the Company's Consolidated Balance Sheets.[3]Includes non-recourse liabilities of consolidated VIEs at December 31, 2023 and 2022 of $180,855 and $199.132, respectively. See Footnote 16 of the Notes to Consolidated Financial Statements. |
Note 17 - Fair Value Disclosu_3
Note 17 - Fair Value Disclosure of Financial Instruments (Details Textual) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | ||
Property [Member] | |||
Tangible Asset Impairment Charges, Total | $ 14,000 | ||
Estimate of Fair Value Measurement [Member] | |||
Notes Payable, Fair Value Disclosure | [1] | 6,671,450 | $ 5,837,401 |
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | |||
Notes Payable, Fair Value Disclosure | 6,700,000 | 5,800,000 | |
Deferred Costs | $ 65,000 | $ 66,400 | |
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member] | |||
Embedded Derivative Liability, Measurement Input | 0.064 | 0.08 | |
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member] | |||
Deferred Costs | $ 1,200 | $ 1,700 | |
[1]The Company determined that the valuation of its mortgage and other financing receivables were classified within Level 3 of the fair value hierarchy. |
Note 17 - Fair Value Disclosu_4
Note 17 - Fair Value Disclosure of Financial Instruments - Estimate of Fair Value Differs From Carrying Amounts (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |
Reported Value Measurement [Member] | |||
Notes payable, net (2) | [1] | $ 7,262,851 | $ 6,780,969 |
Reported Value Measurement [Member] | Mortgages [Member] | |||
Mortgages payable, net | [2],[3] | 353,945 | 376,917 |
Reported Value Measurement [Member] | Mortgage and Other Financing Receivables [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Mortgage and other financing receivables (1) | 130,745 | 87,359 | |
Estimate of Fair Value Measurement [Member] | |||
Notes payable, net (2) | [1] | 6,671,450 | 5,837,401 |
Estimate of Fair Value Measurement [Member] | Mortgages [Member] | |||
Mortgages payable, net | [2],[3] | 329,955 | 311,659 |
Estimate of Fair Value Measurement [Member] | Mortgage and Other Financing Receivables [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Mortgage and other financing receivables (1) | $ 122,323 | $ 87,359 | |
[1]The Company determined that the valuation of its mortgage and other financing receivables were classified within Level 3 of the fair value hierarchy.[2]The Company determined that its valuation of its mortgages payable were classified within Level 3 of the fair value hierarchy. The carrying value includes deferred financing costs of $1.2 million and $1.7 million as of December 31, 2023 and 2022, respectively.[3]The Company determined that the valuation of its senior unsecured notes were classified within Level 2 of the fair value hierarchy. The estimated fair value amounts classified as Level 2 as of December 31, 2023 and 2022, were $6.7 billion and $5.8 billion, respectively. The carrying value includes deferred financing costs of $65.0 million and $66.4 million as of December 31, 2023 and 2022, respectively. |
Note 17 - Fair Value Disclosu_5
Note 17 - Fair Value Disclosure of Financial Instruments - Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 30,900 | |
Fair Value, Nonrecurring [Member] | ||
Real estate | 11,724 | |
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Real estate | 0 | |
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Real estate | 0 | |
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Real estate | 11,724 | |
Fair Value, Recurring [Member] | ||
Marketable equity securities | 330,057 | $ 597,732 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 30,914 | 56,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Marketable equity securities | 330,057 | 597,732 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Marketable equity securities | 0 | 0 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Marketable equity securities | 0 | 0 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 30,914 | $ 56,000 |
Note 17 - Fair Value Disclosu_6
Note 17 - Fair Value Disclosure of Financial Instruments - Summary of Changes in Embedded Derivative Liability (Details) $ in Thousands | 12 Months Ended |
Dec. 31, 2023 USD ($) | |
Balance as of January 1, 2023 | $ 56,000 |
Settlements | (22,446) |
Change in fair value (included in Other income, net) | (734) |
Change in fair value (included in Paid-in capital) | (1,906) |
Balance as of December 31, 2023 | $ 30,914 |
Note 18 - Preferred Stock, Co_3
Note 18 - Preferred Stock, Common Stock and Convertible Unit Transactions (Details Textual) $ / shares in Units, $ in Thousands | 12 Months Ended | |||||||
Sep. 30, 2023 USD ($) $ / shares | Dec. 31, 2023 USD ($) $ / shares shares | Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2021 $ / shares shares | Jan. 31, 2024 shares | Feb. 28, 2020 USD ($) | Sep. 30, 2019 $ / shares | ||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | $ 1 | ||||||
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 0.01 | $ 0.01 | ||||||
Stock Repurchased During Period, Shares (in shares) | 761,149 | 567,450 | 1,084,953 | |||||
Equity, Attributable to Noncontrolling Interest | $ | $ 127,993 | $ 131,401 | ||||||
Common Stock, Dividends, Per Share, Declared (in dollars per share) | $ / shares | [1] | $ 1.02 | $ 0.84 | $ 0.68 | ||||
Special Cash Dividend [Member] | ||||||||
Common Stock, Dividends, Per Share, Declared (in dollars per share) | $ / shares | $ 0.09 | |||||||
ATM Program [Member] | ||||||||
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 0.01 | $ 0.01 | ||||||
Maximum Aggregate Sales Price | $ | $ 500,000 | |||||||
Stock Issued During Period, Shares, New Issues (in shares) | 0 | |||||||
Common Stock Available for Issuance, Value | $ | $ 500,000 | |||||||
Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | ||||||||
Stock Repurchased During Period, Shares (in shares) | 43,777 | |||||||
Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | ||||||||
Stock Repurchased During Period, Shares (in shares) | 23,791 | |||||||
Series I, J, K, L or M Preferred Stock [Member] | ||||||||
Number of Votes | 1,000 | |||||||
Number of Proxies | 1,000 | |||||||
Number of Votes, Depositary | 1 | |||||||
Series L Preferred Stock [Member] | ||||||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | 1 | ||||||
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares | 25,000 | |||||||
Series M Preferred Stock [Member] | ||||||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | 1 | $ 1 | ||||||
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares | 25,000 | |||||||
Depositary Share [Member] | ||||||||
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares | $ 25 | |||||||
Convertible Units [Member] | ||||||||
Equity, Attributable to Noncontrolling Interest | $ | $ 51,200 | |||||||
Partners' Capital Account, Units, Converted (in shares) | 2,400,000 | |||||||
Share Repurchase Program [Member] | ||||||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | |||||||
Stock Repurchase Program, Authorized Amount | $ | $ 300,000 | |||||||
Stock Repurchased During Period, Shares (in shares) | 0 | 0 | ||||||
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ | $ 224,900 | |||||||
Share Repurchase Program [Member] | Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | Subsequent Event [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 891,000 | |||||||
Share Repurchase Program [Member] | Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | Maximum [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 894,000 | |||||||
Share Repurchase Program [Member] | Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | Maximum [Member] | Subsequent Event [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 891,000 | |||||||
Share Repurchase Program [Member] | Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | Subsequent Event [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 1,047,000 | |||||||
Share Repurchase Program [Member] | Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | Maximum [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 1,048,000 | |||||||
Share Repurchase Program [Member] | Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | Maximum [Member] | Subsequent Event [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 1,047,000 | |||||||
Share Repurchase Program [Member] | Cumulative Preferred Stock [Member] | Maximum [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 1,942 | |||||||
Share Repurchase Program [Member] | Class N Cumulative Convertible Preferred Stock Depositary Shares [Member] | Subsequent Event [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 185,000 | |||||||
Share Repurchase Program [Member] | Class N Cumulative Convertible Preferred Stock Depositary Shares [Member] | Maximum [Member] | Subsequent Event [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 185,000 | |||||||
[1]During 2023, the Company’s Board of Directors declared a $0.09 per common share special cash dividend to maintain distribution requirements as a REIT. |
Note 18 - Preferred Stock, Co_4
Note 18 - Preferred Stock, Common Stock and Convertible Unit Transactions - Preferred Stock Repurchased (Details) - USD ($) | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Shares repurchased (in shares) | 761,149 | 567,450 | 1,084,953 |
Purchase price | $ 1,491,000 | $ 3,441,000 | $ 0 |
Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | |||
Shares repurchased (in shares) | 43,777 | ||
Purchase price | $ 973,400 | ||
Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | |||
Shares repurchased (in shares) | 23,791 | ||
Purchase price | $ 515,900 |
Note 18 - Preferred Stock, Co_5
Note 18 - Preferred Stock, Common Stock and Convertible Unit Transactions - Outstanding Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Preferred stock, shares authorized (in shares) | 7,054,000 | 7,054,000 |
Preferred stock, liquidation preference | $ 484,179 | $ 485,868 |
Preferred stock, par value (in dollars per share) | $ 1 | $ 1 |
Series L Preferred Stock [Member] | ||
Preferred stock, shares authorized (in shares) | 10,350 | 10,350 |
Shares issued and outstanding (in shares) | 8,902 | 8,946 |
Preferred stock, liquidation preference | $ 222,543 | $ 223,637 |
Dividend rate | 5.125% | 5.125% |
Annual dividend per depository share (in dollars per share) | $ 1.28125 | $ 1.28125 |
Preferred stock, par value (in dollars per share) | $ 1 | $ 1 |
Redemption date | Aug. 16, 2022 | Aug. 16, 2022 |
Series M Preferred Stock [Member] | ||
Preferred stock, shares authorized (in shares) | 10,580 | 10,580 |
Shares issued and outstanding (in shares) | 10,465 | 10,489 |
Preferred stock, liquidation preference | $ 261,636 | $ 262,231 |
Dividend rate | 5.25% | 5.25% |
Annual dividend per depository share (in dollars per share) | $ 1.3125 | $ 1.3125 |
Preferred stock, par value (in dollars per share) | $ 1 | $ 1 |
Redemption date | Dec. 20, 2022 | Dec. 20, 2022 |
Redeemable Preferred Stock [Member] | ||
Shares issued and outstanding (in shares) | 19,367 | 19,435 |
Preferred stock, liquidation preference | $ 484,179 | $ 485,868 |
Note 18 - Preferred Stock, Co_6
Note 18 - Preferred Stock, Common Stock and Convertible Unit Transactions - Dividends Declared (Details) - $ / shares | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Common Stock (1) (in dollars per share) | [1] | $ 1.02 | $ 0.84 | $ 0.68 |
Series L Preferred Stock [Member] | ||||
Preferred Shares (in dollars per share) | 1.28125 | 1.28125 | 1.28125 | |
Series M Preferred Stock [Member] | ||||
Preferred Shares (in dollars per share) | $ 1.3125 | $ 1.3125 | $ 1.3125 | |
[1]During 2023, the Company’s Board of Directors declared a $0.09 per common share special cash dividend to maintain distribution requirements as a REIT. |
Note 19 - Supplemental Schedu_3
Note 19 - Supplemental Schedule of Non-cash Investing / Financing Activities - Non-cash Investing and Financing Activities (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Proceeds held in escrow through sale of real estate interests | $ 3,524 | $ 0 | $ 0 |
Disposition of real estate interests through the issuance of mortgage receivables | 25,000 | 0 | 0 |
Deconsolidation of real estate interests through contribution to other investments | 19,618 | 0 | 0 |
Capital expenditures accrual | 30,892 | 29,079 | 34,651 |
Surrender of common stock | 16,327 | 13,790 | 20,909 |
Dividends payable | 5,308 | 5,326 | 5,366 |
Adjustment to estimated redemption value | 414 | 0 | (2,304) |
Lease liabilities arising from obtaining operating right-of-use assets | 1,481 | 0 | 553 |
Lease liabilities arising from obtaining financing right-of-use assets | 3,161 | 0 | 0 |
Decrease in embedded derivative liability from extinguishment | 1,906 | 0 | 0 |
Allocation of fair value to noncontrolling interests | 0 | 0 | 2,068 |
Purchase price fair value adjustment to prepaid rent | 0 | 0 | 15,620 |
Decrease in noncontrolling interests from redemption of units for common stock | 0 | 1,613 | 1,540 |
Weingarten Merger: | |||
Lease liabilities arising from obtaining financing right-of-use assets | 3,161 | 0 | 0 |
Common stock issued in exchange for Weingarten common shares | 0 | 0 | (3,738,735) |
Increase in real estate and other assets, net | 54,345 | 0 | 506,266 |
Increase in mortgages payable, other liabilities and noncontrolling interests | 37,187 | 0 | 234,091 |
Decrease in real estate and other assets, net | 0 | 0 | 300,099 |
Decrease in mortgages payable and other liabilities | 0 | 0 | 170,000 |
Weingarten Realty Investors [Member] | |||
Lease liabilities arising from obtaining financing right-of-use assets | 0 | 0 | 23,026 |
Weingarten Merger: | |||
Real estate assets | 0 | 0 | 5,627,469 |
Investments in and advances to real estate joint ventures | 0 | 0 | 585,382 |
Notes payable | 0 | 0 | (1,497,632) |
Mortgages payable | 0 | 0 | (317,671) |
Below-market leases | 0 | 0 | (119,373) |
Noncontrolling interests | 0 | 0 | (177,039) |
Other assets and liabilities, net | 0 | 0 | (154,775) |
Lease liabilities arising from obtaining operating right-of-use assets | 0 | 0 | 32,569 |
Lease liabilities arising from obtaining financing right-of-use assets | 0 | 0 | 23,026 |
REIT [Member] | |||
Noncash or Part Noncash Acquisition, Debt Assumed | 0 | 79,362 | 0 |
Other liabilities | 0 | 59,000 | 0 |
Redeemable noncontrolling interests | 0 | 79,663 | 0 |
Lease modification | $ 12,527 | $ 0 | $ 0 |
Note 19 - Supplemental Schedu_4
Note 19 - Supplemental Schedule of Non-cash Investing / Financing Activities - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
Cash and cash equivalents | $ 780,518 | $ 146,970 |
Restricted cash | 3,239 | 2,859 |
Total cash, cash equivalents and restricted cash | $ 783,757 | $ 149,829 |
Note 20 - Transactions With R_2
Note 20 - Transactions With Related Parties (Details Textual) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Ripco [Member] | |||
Related Party Transaction, Amounts of Transaction | $ 0.5 | $ 0.3 | $ 0.4 |
Kimco Income Fund [Member] | |||
Payments to Acquire Interest in Subsidiaries and Affiliates, Total | 55.1 | ||
Kimco Income Fund [Member] | Board of Directors Chairman [Member] | |||
Payments to Acquire Interest in Subsidiaries and Affiliates, Total | $ 0.1 | ||
Fifth Wall's Climate Technology Fund [Member] | |||
Equity Method Investment, Commitment Amount | 25 | ||
Payments to Acquire Equity Method Investments | 16.8 | ||
Equity Securities without Readily Determinable Fair Value, Amount | $ 1.6 | ||
Prudential Investment Program [Member] | Operating Properties [Member] | |||
Subsidiary, Ownership Percentage, Parent | 85% | ||
Real Estate Investments, Net | $ 150.7 | ||
Gain (Loss) on Change of Control of Equity Investments | $ 7.7 | ||
Ripco [Member] | Officer [Member] | |||
Percentage of Ownership | 50% |
Note 21 - Commitments and Con_2
Note 21 - Commitments and Contingencies (Details Textual) $ in Millions | 12 Months Ended |
Dec. 31, 2023 USD ($) | |
Letters of Credit Outstanding, Amount | $ 39.2 |
Performance and Surety Bonds | 18.4 |
Series A Bond [Member] | |
Special Assessment Bond | 41 |
Investment With Funding Commitments [Member] | |
Equity Method Investment, Commitment Amount | 64.7 |
Payments to Acquire Equity Method Investments | $ 51.8 |
Note 22 - Incentive Plans (Deta
Note 22 - Incentive Plans (Details Textual) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended | ||||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | May 31, 2020 | ||
Share-Based Payment Arrangement, Expense | $ 33.1 | $ 26.6 | $ 23.2 | ||
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount | $ 51.5 | ||||
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year) | 2 years 8 months 12 days | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 0 | 0 | 0 | ||
Proceeds from Stock Options Exercised | $ 3.7 | $ 4.2 | $ 6.1 | ||
Common Stock, Shares, Issued (in shares) | 619,871,237 | 618,483,565 | |||
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent | 5% | ||||
Defined Contribution Plan, Cost | $ 2.7 | $ 2.6 | 2.4 | ||
Defined Contribution Plan, Employer Discretionary Contribution Amount | 3.9 | ||||
Merger Charges [Member] | |||||
Severance Costs | 13.7 | ||||
Employee [Member] | |||||
Severance Costs | $ 0.4 | $ 1.5 | $ 14.4 | ||
Restricted Stock [Member] | |||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ 21.3 | $ 24.27 | $ 17.81 | ||
Dividend, Share-Based Payment Arrangement, Shares | $ 3.1 | $ 2.5 | $ 1.8 | ||
Performance Shares [Member] | |||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ 42.61 | $ 31.19 | $ 22.96 | ||
Common Stock, Shares, Issued (in shares) | 970,231 | 998,238 | 814,160 | ||
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate | [1] | 0% | 0% | 0% | |
The 2020 Equity Participation Plan [Member] | |||||
Common Stock, Capital Shares Reserved for Future Issuance (in shares) | 10,000,000 | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares) | 4,900,000 | ||||
[1]Total Shareholder Returns, as used in the performance share awards computation, are measured based on cumulative dividend stock prices, as such a zero percent dividend yield is utilized. |
Note 22 - Incentive Plans - Sto
Note 22 - Incentive Plans - Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Options outstanding (in shares) | 282,134 | 488,755 | 1,162,321 | |
Options outstanding, weighted average exercise price per share (in dollars per share) | $ 22.13 | $ 21.48 | $ 20.03 | |
Options outstanding, aggregate intrinsic value | $ 0 | $ 0 | $ 1.5 | $ 0 |
Options exercised, shares (in shares) | (173,038) | (205,871) | (315,750) | |
Options exercised, weighted average exercise price per share (in dollars per share) | $ 21.54 | $ 20.56 | $ 19.19 | |
Options exercised, aggregate intrinsic value | $ 0.1 | $ 0.8 | $ 1.1 | |
Options forfeited, shares (in shares) | (109,096) | (750) | (357,816) | |
Options forfeited, weighted average exercise price per share (in dollars per share) | $ 21.61 | $ 19.7 | $ 19.01 | |
Options outstanding, weighted average exercise price per share (in dollars per share) | $ 0 | $ 22.13 | $ 21.48 | $ 20.03 |
Options outstanding (in shares) | 0 | 282,134 | 488,755 | |
Options outstanding, weighted average exercise price per share (in dollars per share) | $ 0 | $ 22.13 | $ 21.48 | |
Options Exercisable, Shares (in shares) | 0 | 282,134 | 488,755 | |
Options exercisable, weighted average exercise price per share (in dollars per share) | $ 0 | $ 22.13 | $ 21.48 | |
Options exercisable, aggregate intrinsic value | $ 0 | $ 0 | $ 1.5 |
Note 22 - Incentive Plans - Res
Note 22 - Incentive Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - shares | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Restricted stock outstanding as of January 1, (in shares) | 2,605,970 | 2,347,608 | 2,394,825 | |
Granted (1) (in shares) | [1] | 893,880 | 819,090 | 754,560 |
Vested (in shares) | (740,866) | (511,772) | (759,665) | |
Forfeited (in shares) | (12,868) | (48,956) | (42,112) | |
Restricted stock outstanding as of December 31, (in shares) | 2,746,116 | 2,605,970 | 2,347,608 | |
[1]The weighted-average grant date fair value for restricted stock issued during the years ended December 31, 2023, 2022 and 2021 were $21.30, $24.27 and $17.81, respectively. |
Note 22 - Incentive Plans - Per
Note 22 - Incentive Plans - Performance Shares Activity (Details) - Performance Shares [Member] - shares | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Restricted stock outstanding as of January 1, (in shares) | 1,004,040 | 1,052,100 | 913,800 | |
Granted (1) (in shares) | [1] | 531,200 | 458,660 | 545,380 |
Vested (in shares) | [2] | (545,380) | (506,720) | (407,080) |
Restricted stock outstanding as of December 31, (in shares) | 989,860 | 1,004,040 | 1,052,100 | |
[1]The weighted-average grant date fair value for performance shares issued during the years ended December 31, 2023, 2022 and 2021 were $42.61, $31.19 and $22.96, respectively.[2]For the years ended December 31, 2023, 2022 and 2021, the corresponding common stock equivalent of these vested awards were 970,231, 998,238 and 814,160 shares, respectively. |
Note 22 - Incentive Plans - P_2
Note 22 - Incentive Plans - Performance Shares Significant Fair Value Assumptions (Details) - Performance Shares [Member] - $ / shares | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Stock price (in dollars per share) | $ 21.3 | $ 24.27 | $ 17.87 | |
Dividend yield (1) | [1] | 0% | 0% | 0% |
Risk-free rate | 4.38% | 1.72% | 0.20% | |
Volatility (2) | [2] | 44.89% | 49.07% | 48.41% |
Term of the award (Year) | 2 years 10 months 13 days | 2 years 10 months 13 days | 2 years 10 months 9 days | |
[1]Total Shareholder Returns, as used in the performance share awards computation, are measured based on cumulative dividend stock prices, as such a zero percent dividend yield is utilized.[2]Volatility is based on the annualized standard deviation of the daily logarithmic returns on dividend-adjusted closing prices over the look-back period based on the term of the award. |
Note 23 - Defined Benefit Pla_2
Note 23 - Defined Benefit Plan (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan | $ (14,927) | $ 0 |
Qualified Replacement Plan [Member] | ||
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan | 3,900 | |
The Weingarten Realty Noncontributory Qualified Cash Balance Retirement Plan [Member] | ||
Defined Benefit Plan, Plan Assets, Increase (Decrease) for Assets Transferred to (from) Plan | 11,000 | |
Accumulated Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), after Tax | 10,800 | |
Sales and Excise Tax Payable | $ 2,200 |
Note 23 - Defined Benefit Pla_3
Note 23 - Defined Benefit Plan - Changes in Projected Benefit Obligation, Plan Assets and Funded Status (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Benefit obligation at beginning of period | $ 26,165 | $ 36,995 |
Interest cost | 982 | 1,052 |
Settlement payments | (25,480) | 0 |
Actuarial gain | (189) | (9,781) |
Benefit payments | (1,478) | (2,101) |
Benefit obligation at end of period | 0 | 26,165 |
Fair value of plan assets at beginning of period | 40,586 | 43,653 |
Actual return on plan assets | 1,299 | (966) |
Excess assets transfer | (14,927) | 0 |
Settlement payments | (25,480) | 0 |
Benefit payments | (1,478) | (2,101) |
Fair value of plan assets at end of period | 0 | 40,586 |
Funded status at end of period (included in Accounts and notes receivable) | 0 | 14,421 |
Accumulated benefit obligation | 0 | 26,165 |
Net gain recognized in Accumulated other comprehensive income | $ 267 | $ 10,581 |
Note 23 - Defined Benefit Pla_4
Note 23 - Defined Benefit Plan - Components of Net Periodic Benefit Income (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2023 | Dec. 31, 2022 | |
Interest cost | $ (982) | $ (1,052) |
Expected return on plan assets | 1,221 | 413 |
Amortization of net gain | 0 | 37 |
Settlement gain | 10,848 | 0 |
Total | $ 11,087 | $ (602) |
Note 23 - Defined Benefit Pla_5
Note 23 - Defined Benefit Plan - Weighted-average Assumptions Used to Determine the Benefit Obligation, Defined Benefit Plan (Details) - The Weingarten Realty Noncontributory Qualified Cash Balance Retirement Plan [Member] | Dec. 31, 2023 |
Discount rate | 4.88% |
Interest credit rate for cash balance plan | 4.50% |
Note 24 - Income Taxes (Details
Note 24 - Income Taxes (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Required Dividend Payout | 90% | |||
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount | [1] | $ 7,803 | $ 2,115 | $ (20,299) |
Effective Income Tax Expense Long-term Capital Gain Amount | 241,200 | 251,500 | ||
Unrecognized Tax Benefits | 0 | 0 | ||
Albertsons Companies, Inc [Member] | ||||
Equity Securities, FV-NI, Realized Gain (Loss) | 241,200 | 251,500 | ||
Albertsons Companies, Inc [Member] | Domestic Tax Authority [Member] | ||||
Effective Income Tax Expense Long-term Capital Gain Amount | 50,700 | 47,300 | ||
Albertsons Companies, Inc [Member] | State and Local Jurisdiction [Member] | ||||
Effective Income Tax Expense Long-term Capital Gain Amount | 10,200 | $ 9,900 | ||
Weingarten Realty Investors [Member] | ||||
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount | $ 4,800 | $ (20,700) | ||
[1]Includes merger related book/tax differences of $4.8 million and ($20.7) million for the years ended December 31, 2023 and 2021, respectively. |
Note 24 - Income Taxes - GAAP N
Note 24 - Income Taxes - GAAP Net Income to Taxable Income Reconciliation (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Net income | $ 654,273 | $ 125,976 | $ 844,059 | |
Federal income taxes | 50,661 | 47,328 | 0 | |
Net book depreciation in excess of tax depreciation | 95,468 | 120,446 | 77,951 | |
Deferred/prepaid/above-market and below-market rents, net | (31,982) | (38,479) | (31,666) | |
Fair market value debt amortization | (21,053) | (38,303) | (17,961) | |
Book/tax differences from executive compensation | 31,169 | 23,248 | 19,882 | |
Book/tax differences from equity awards | (7,157) | (7,846) | (3,714) | |
Book/tax differences from defined benefit plan | 2,948 | 0 | (2,948) | |
Book/tax differences from investments in and advances to real estate joint ventures | 27,163 | 11,736 | 16,030 | |
Book/tax differences from sale of properties | 177,772 | 217,797 | (50,955) | |
Book/tax differences from accounts receivable | (4,284) | (8,430) | (17,707) | |
Book adjustment to property carrying values and marketable equity securities | (24,275) | 335,199 | (503,847) | |
Taxable currency exchange (loss)/gain, net | (2,446) | 198 | 1,945 | |
Tangible property regulation deduction | (65,000) | (61,492) | 0 | |
GAAP change in ownership of joint venture interests | (7,574) | 45,767 | (5,607) | |
Dividends from TRSs | 0 | 243 | 23,314 | |
Severance accrual | (573) | (2,065) | (5,608) | |
Other book/tax differences, net (2) | [1] | 7,803 | 2,115 | (20,299) |
Adjusted REIT taxable income (3) | [2] | 882,849 | 768,396 | 299,504 |
TRSs and Taxable Entities [Member] | ||||
Net income | (64) | (5,042) | (23,365) | |
GAAP Net Income From REIT Operations [Member] | ||||
Net income | [3] | $ 654,209 | $ 120,934 | $ 820,694 |
[1]Includes merger related book/tax differences of $4.8 million and ($20.7) million for the years ended December 31, 2023 and 2021, respectively.[2]Includes a long term capital gain of $241.2 million and $251.5 million for the years ended December 31, 2023 and 2022, respectively, for which the Company elected to pay the associated corporate income taxes.[3]All adjustments to "GAAP net income from REIT operations" are net of amounts attributable to noncontrolling interests and TRSs. |
Note 24 - Income Taxes - Taxabl
Note 24 - Income Taxes - Taxable Characteristics of Distributions Paid (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Dividends distributed, amount | $ 654,358 | $ 542,267 | $ 380,316 |
Series I Preferred Stock [Member] | |||
Ordinary income, amount | $ 11,432 | $ 9,657 | $ 11,185 |
Ordinary income, percent | 100% | 84% | 97% |
Capital gain, amount | $ 0 | $ 1,839 | $ 346 |
Capital gain, percent | 0% | 16% | 3% |
Dividends distributed, amount | $ 11,432 | $ 11,496 | $ 11,531 |
Dividends distributed, percent | 100% | 100% | 100% |
Series M Preferred Stock [Member] | |||
Ordinary income, amount | $ 13,749 | $ 11,615 | $ 13,469 |
Ordinary income, percent | 100% | 84% | 97% |
Capital gain, amount | $ 0 | $ 2,212 | $ 417 |
Capital gain, percent | 0% | 16% | 3% |
Dividends distributed, amount | $ 13,749 | $ 13,827 | $ 13,886 |
Dividends distributed, percent | 100% | 100% | 100% |
Common Stock 1 [Member] | |||
Ordinary income, amount | $ 622,885 | $ 418,725 | $ 273,272 |
Ordinary income, percent | 99% | 81% | 77% |
Capital gain, amount | $ 0 | $ 82,711 | $ 10,647 |
Capital gain, percent | 0% | 16% | 3% |
Dividends distributed, amount | $ 629,177 | $ 516,944 | $ 354,899 |
Dividends distributed, percent | 100% | 100% | 100% |
Return of capital, amount | $ 6,292 | $ 15,508 | $ 70,980 |
Return of capital, percent | 1% | 3% | 20% |
Note 24 - Income Taxes - Taxa_2
Note 24 - Income Taxes - Taxable Income and Provisions for Income Taxes (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Total tax provision | $ (60,952) | $ (56,654) | $ (3,380) | |
TRSs and Taxable Entities [Member] | ||||
Total tax provision | (83) | 533 | (3,380) | |
REIT [Member] | ||||
Total tax provision | [1] | $ (60,869) | $ (57,187) | $ 0 |
[1]During 2023 and 2022, the Company sold shares of ACI common stock and recognized long-term capital gains for tax purposes of $241.2 million and $251.5 million, respectively. The Company elected to retain the proceeds from these stock sales for general corporate purposes and pay corporate income tax on the taxable gains. During 2023, the Company incurred federal taxes of $50.7 million and state and local taxes of $10.2 million. During 2022, the Company incurred federal taxes of $47.3 million and state and local taxes of $9.9 million. This undistributed long-term capital gain is allocated to, and reportable by, each shareholder, and each shareholder is also entitled to claim a federal income tax credit for its allocable share of the federal income tax paid by the Company. The allocable share of the long-term capital gain and the federal tax credit will be reported to direct holders of Kimco common stock, on Form 2439, and to others in year-end reporting documents issued by brokerage firms if the Company’s common stock is held in a brokerage account. |
Note 24 - Income Taxes - Deferr
Note 24 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | |
Deferred tax assets: | |||
Net operating losses (1) | [1] | $ 4,463 | $ 1,836 |
Valuation allowance | (3,776) | 0 | |
Total deferred tax assets | 3,980 | 6,001 | |
Deferred tax liabilities | (5,843) | (6,551) | |
Net deferred tax liabilities | (1,863) | (550) | |
Domestic Tax Authority [Member] | |||
Deferred tax assets: | |||
Tax/GAAP basis differences | $ 3,293 | $ 4,165 | |
[1]Net operating losses do not expire. |
Note 25 - Captive Insurance C_3
Note 25 - Captive Insurance Company (Details Textual) - USD ($) | 148 Months Ended | 195 Months Ended |
Feb. 01, 2021 | Dec. 31, 2023 | |
Letters of Credit Outstanding, Amount | $ 39,200,000 | |
Kimco Insurance Company [Member] | ||
Captive Insurance, Percentage of Occurance Risk Layer | 100% | |
Captive Insurance, Obligation Per Occurrence | $ 250,000 | |
Letters of Credit Outstanding, Amount | 24,700,000 | |
Kimco Insurance Company [Member] | Minimum [Member] | ||
Captive Insurance, Annual Aggregates Per Policy | 7,800,000 | |
Captive Insurance, Obligations to Reinsurance Provider, Percent of Incurred Losses | 8% | |
Captive Insurance, Billed On Fee Per Claim Basis | 53,000 | |
Kimco Insurance Company [Member] | Maximum [Member] | ||
Captive Insurance, Annual Aggregates Per Policy | 14,200,000 | |
Captive Insurance, Obligations to Reinsurance Provider, Percent of Incurred Losses | 12.20% | |
Captive Insurance, Billed On Fee Per Claim Basis | $ 1,599,000 |
Note 25 - Captive Insurance C_4
Note 25 - Captive Insurance Company - Activity in the Liability for Unpaid Losses and Loss Adjustment Expenses (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | ||
Balance at the beginning of the year | $ 20,202 | $ 19,655 | |
Incurred related to current year | 6,097 | 5,694 | |
Incurred related to prior years | [1] | 2,644 | 125 |
Total incurred | 8,741 | 5,819 | |
Paid related to current year | (817) | (645) | |
Paid related to prior years | (7,243) | (4,627) | |
Total paid | (8,060) | (5,272) | |
Balance at the end of the year | $ 20,883 | $ 20,202 | |
[1]Relates to changes in estimates in insured events in the prior years, incurred losses and loss adjustment expenses. For the year ended December 31, 2021, includes $5.3 million of liability incurred as a result of the Merger. |
Note 26 - Accumulated Other C_3
Note 26 - Accumulated Other Comprehensive Income ("AOCI") - Changes in the Components of AOCI (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | |||
Balance as of January 1, 2023 | $ 10,581 | |||
Balance as of December 31, 2023 | 3,329 | $ 10,581 | ||
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member] | ||||
Balance as of January 1, 2023 | 10,581 | 2,216 | ||
Other comprehensive income before reclassifications | 267 | 8,365 | ||
Amounts reclassified from AOCI (1) | (10,848) | [1] | 0 | |
Net current-period other comprehensive income | (10,581) | 8,365 | ||
Balance as of December 31, 2023 | 0 | 10,581 | ||
AOCI, Unrealized Gain (Loss) Related to Equity Method Investments [Member] | ||||
Balance as of January 1, 2023 | 0 | |||
Other comprehensive income before reclassifications | 3,329 | |||
Amounts reclassified from AOCI (1) | [1] | 0 | ||
Net current-period other comprehensive income | 3,329 | |||
Balance as of December 31, 2023 | 3,329 | 0 | ||
AOCI Attributable to Parent [Member] | ||||
Balance as of January 1, 2023 | 10,581 | |||
Other comprehensive income before reclassifications | 3,596 | |||
Amounts reclassified from AOCI (1) | [1] | (10,848) | ||
Net current-period other comprehensive income | (7,252) | |||
Balance as of December 31, 2023 | $ 3,329 | $ 10,581 | ||
[1]Amounts are included in Other income, net on the Company’s Consolidated Statements of Income. See Footnote 23 of the Notes to Consolidated Financial Statements for defined benefit plan disclosure. |
Note 27 - Earnings Per Share (D
Note 27 - Earnings Per Share (Details Textual) shares in Millions | 12 Months Ended |
Dec. 31, 2022 shares | |
Share-Based Payment Arrangement, Option [Member] | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 0.3 |
Note 27 - Earnings Per Share -
Note 27 - Earnings Per Share - Reconciliation of Earnings (Loss) and the Weighted Average Number of Shares (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Net income available to the Company's common shareholders | $ 629,252 | $ 100,758 | $ 818,643 | |
Change in estimated redemption value of redeemable noncontrolling interests | 2,323 | 0 | 2,304 | |
Earnings attributable to participating securities | (2,819) | (2,182) | (5,346) | |
Net income available to the Company’s common shareholders for basic earnings per share | 628,756 | 98,576 | 815,601 | |
Distributions on convertible units | 53 | 0 | 3,087 | |
Net income available to the Company’s common shareholders for diluted earnings per share | $ 628,809 | $ 98,576 | $ 818,688 | |
Weighted average common shares outstanding – basic (in shares) | 616,947 | 615,528 | 506,248 | |
Equity awards (in shares) | [1] | 1,132 | 2,283 | 2,422 |
Assumed conversion of convertible units (in shares) | [1] | 120 | 47 | 2,715 |
Weighted average common shares outstanding – diluted (in shares) | [1] | 618,199 | 617,858 | 511,385 |
Basic earnings per share (in dollars per share) | $ 1.02 | $ 0.16 | $ 1.61 | |
Diluted earnings per share (in dollars per share) | $ 1.02 | $ 0.16 | $ 1.6 | |
[1]The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company’s common shareholders per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations. Additionally, there were 0.3 million stock options that were not dilutive as of December 31, 2022. |
Note 28 - Subsequent Events (De
Note 28 - Subsequent Events (Details Textual) $ / shares in Units, ft² in Thousands, $ in Thousands | 1 Months Ended | 12 Months Ended | |||||
Feb. 01, 2024 USD ($) | Jan. 02, 2024 USD ($) ft² $ / shares shares | Feb. 28, 2024 USD ($) shares | Jan. 31, 2024 USD ($) shares | Dec. 31, 2023 USD ($) ft² $ / shares shares | Dec. 31, 2022 USD ($) ft² $ / shares shares | Dec. 31, 2021 USD ($) | |
Gross Leasable Area (Square Foot) | ft² | 1,145 | 934 | |||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | $ 1 | |||||
Preferred Stock, Liquidation Preference, Value | $ 484,179 | $ 485,868 | |||||
Business Combination, Acquisition Related Costs | 4,766 | 0 | $ 50,191 | ||||
Proceeds from Sale and Maturity of Marketable Securities | $ 292,552 | $ 302,504 | $ 377 | ||||
Share Repurchase Program [Member] | |||||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | ||||||
Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | Maximum [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 894,000 | ||||||
Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | Maximum [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 1,048,000 | ||||||
Albertsons Companies, Inc [Member] | |||||||
Sale of Marketable Securities (in shares) | shares | 14,100,000 | 11,500,000 | |||||
Proceeds from Sale and Maturity of Marketable Securities | $ 282,300 | $ 301,100 | |||||
Equity Securities, FV-NI, Realized Gain (Loss) | 241,200 | 251,500 | |||||
Equity Securities, Taxes Paid on Capital Gains | 60,900 | $ 57,200 | |||||
RPT [Member] | |||||||
Business Combination, Acquisition Related Costs | $ 4,800 | ||||||
Subsequent Event [Member] | |||||||
Number of Real Estate Properties | 523 | ||||||
Subsequent Event [Member] | Unsecured Term Loan Credit Facility [Member] | |||||||
Debt Instrument, Face Amount | $ 200,000 | ||||||
Subsequent Event [Member] | Unsecured Term Loan Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) [Member] | |||||||
Debt Instrument, Basis Spread on Variable Rate | 0.85% | ||||||
Subsequent Event [Member] | Unsecured Term Loan Credit Facility [Member] | Base Rate [Member] | |||||||
Debt Instrument, Basis Spread on Variable Rate | 0% | ||||||
Subsequent Event [Member] | Senior Unsecured Notes [Member] | |||||||
Repayments of Long-Term Debt | $ 246,200 | ||||||
Debt Instrument, Interest Rate, Stated Percentage | 4.45% | ||||||
Subsequent Event [Member] | Kimco OP [Member] | |||||||
Subsidiary, Ownership Percentage, Parent | 99.86% | ||||||
Subsequent Event [Member] | Class N Cumulative Convertible Preferred Stock Depositary Shares [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 185,000 | ||||||
Subsequent Event [Member] | Class N Cumulative Convertible Preferred Stock Depositary Shares [Member] | Maximum [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 185,000 | ||||||
Subsequent Event [Member] | Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 891,000 | ||||||
Subsequent Event [Member] | Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | Maximum [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 891,000 | ||||||
Subsequent Event [Member] | Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 1,047,000 | ||||||
Subsequent Event [Member] | Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | Maximum [Member] | Share Repurchase Program [Member] | |||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | shares | 1,047,000 | ||||||
Subsequent Event [Member] | Albertsons Companies, Inc [Member] | |||||||
Sale of Marketable Securities (in shares) | shares | 14,200,000 | ||||||
Proceeds from Sale and Maturity of Marketable Securities | $ 299,100 | ||||||
Equity Securities, FV-NI, Realized Gain (Loss) | $ 288,700 | ||||||
Equity Securities, Taxes Paid on Capital Gains | $ 72,900 | ||||||
Subsequent Event [Member] | RPT [Member] | |||||||
Number of Properties Acquired | 56 | ||||||
Gross Leasable Area (Square Foot) | ft² | 13,300 | ||||||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | shares | 0.6049 | ||||||
Business Combination, Acquisition Related Costs | $ 18,900 | ||||||
Payments to Acquire Businesses, Fractional Shares | 100 | ||||||
Subsequent Event [Member] | RPT [Member] | Senior Notes [Member] | |||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt | $ 511,500 | ||||||
Subsequent Event [Member] | RPT [Member] | Senior Notes [Member] | Minimum [Member] | |||||||
Debt Instrument, Interest Rate, Stated Percentage | 3.64% | ||||||
Subsequent Event [Member] | RPT [Member] | Senior Notes [Member] | Maximum [Member] | |||||||
Debt Instrument, Interest Rate, Stated Percentage | 4.74% | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured Debt [Member] | |||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt | $ 310,000 | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured Debt [Member] | Secured Overnight Financing Rate (SOFR) [Member] | |||||||
Debt Instrument, Basis Spread on Variable Rate | 0.905% | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured Debt [Member] | Minimum [Member] | |||||||
Debt Instrument, Interest Rate, Stated Percentage | 4.674% | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured Debt [Member] | Maximum [Member] | |||||||
Debt Instrument, Interest Rate, Stated Percentage | 4.875% | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured Term Loan Maturing 2026 [Member] | |||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt | $ 50,000 | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured term Loan Maturing 2027 [Member] | |||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt | 100,000 | ||||||
Subsequent Event [Member] | RPT [Member] | Second Unsecured Term Loan Maturing 2027 [Member] | |||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt | 50,000 | ||||||
Subsequent Event [Member] | RPT [Member] | Unsecured Term Loan Maturing 2028 [Member] | |||||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt | 110,000 | ||||||
Subsequent Event [Member] | RPT [Member] | Line of Credit [Member] | |||||||
Repayments of Long-Term Debt | $ 130,000 | ||||||
Subsequent Event [Member] | RPT [Member] | Series D Cumulative Convertible Perpetual Preferred Shares [Member] | |||||||
Preferred Stock, Dividend Rate, Percentage | 7.25% | ||||||
Business Combination, Preferred Share Right to be Converted to Depository Share (in shares) | shares | 0.001 | ||||||
Subsequent Event [Member] | RPT [Member] | Class N Preferred Stock [Member] | |||||||
Stock Issued During Period, Shares, Acquisitions (in shares) | shares | 1,849 | ||||||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 1 | ||||||
Preferred Stock, Liquidation Preference, Value | $ 92,400 | ||||||
Subsequent Event [Member] | RPT [Member] | Class N Cumulative Convertible Preferred Stock Depositary Shares [Member] | |||||||
Stock Issued During Period, Shares, Acquisitions (in shares) | shares | 1,848,539 | ||||||
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares | $ 50 | ||||||
Preferred Stock, Dividend Rate, Per-Dollar-Amount (in dollars per share) | $ / shares | $ 3.625 | ||||||
Convertible Preferred Stock, Shares Issued upon Conversion (in shares) | shares | 2.3071 | ||||||
Subsequent Event [Member] | RPT [Member] | Property Net Lease Joint Venture [Member] | |||||||
Number of Properties Acquired | 49 | ||||||
Business Acquisition, Percentage of Voting Interests Acquired | 6% | ||||||
Subsequent Event [Member] | RPT [Member] | Wholly Owned Properties [Member] | |||||||
Number of Properties Acquired | 43 | ||||||
Subsequent Event [Member] | RPT [Member] | Consolidated Properties [Member] | |||||||
Number of Properties Acquired | 13 |
Note 28 - Subsequent Events - C
Note 28 - Subsequent Events - Converted to Shares/Units (Details) - Subsequent Event [Member] - RPT [Member] | Jan. 02, 2024 USD ($) $ / shares shares | |
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | 0.6049 | |
Equity consideration given from Kimco shares/units issued | $ | $ 1,293,357 | |
Common Stock [Member] | ||
RPT shares/units outstanding as of January 2, 2024 (in shares) | 87,675 | [1] |
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | 0.6049 | [1] |
Kimco shares/units issued (in shares) | 53,034 | [1] |
Value of Kimco stock per share/unit (in dollars per share) | $ / shares | $ 22.0005 | [1] |
Equity consideration given from Kimco shares/units issued | $ | $ 1,166,775 | [1] |
OP Units [Member] | ||
RPT shares/units outstanding as of January 2, 2024 (in shares) | 1,576 | [2] |
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | 0.6049 | [2] |
Kimco shares/units issued (in shares) | 953 | [2] |
Value of Kimco stock per share/unit (in dollars per share) | $ / shares | $ 22.0005 | [2] |
Equity consideration given from Kimco shares/units issued | $ | $ 20,975 | [2] |
Cumulative Convertible Perpetual Preferred Shares [Member] | ||
RPT shares/units outstanding as of January 2, 2024 (in shares) | 1,849 | [3] |
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | 1 | [3] |
Kimco shares/units issued (in shares) | 1,849 | [3] |
Value of Kimco stock per share/unit (in dollars per share) | $ / shares | $ 57.13 | [3] |
Equity consideration given from Kimco shares/units issued | $ | $ 105,607 | [3] |
[1]The Company paid cash in lieu of issuing fractional Kimco common shares, which is included in “Cash Consideration” caption in the table below.[2]Upon consummation of the RPT Merger, the Parent Company owns 99.86% of the outstanding OP Units in Kimco OP, which is no longer a disregarded entity for federal income tax purposes.[3]The Company issued 1,849 shares of Class N Preferred Stock with a par value of $1.00 per share, represented by 1,848,539 depositary shares. The liquidation preference is $92.4 million ($50.00 per depositary share) and the shareholders are entitled to fixed annual dividends of $3.625 per depositary share. The Class N Preferred Stock depositary shares are convertible at any time by the holders to 2.3071 of the Company’s common shares or under certain circumstances by the Company’s election. |
Note 28 - Subsequent Events -_2
Note 28 - Subsequent Events - Consideration Paid (Details) - RPT [Member] - Subsequent Event [Member] | Jan. 02, 2024 USD ($) | |
Equity consideration given from Kimco shares/units issued | $ 1,293,357 | |
Cash Consideration | 148,881 | [1] |
Total Value of Consideration | $ 1,442,238 | |
[1]Amount includes $130.0 million to pay off the outstanding balance on RPT’s credit facility at closing, additional consideration of $18.7 million relating to transaction costs incurred by RPT and $10,879 of cash paid in lieu of issuing fractional Kimco common shares. |
Schedule II - Valuation and Q_3
Schedule II - Valuation and Qualifying Accounts - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
SEC Schedule, 12-09, Allowance, Credit Loss [Member] | ||||
Balance at beginning of period | [1] | $ 6,982 | $ 8,339 | $ 22,377 |
Charged to expenses | [1] | 0 | 0 | 0 |
Adjustments to valuation accounts | [1] | 0 | 0 | 0 |
Deductions | [1] | (2,454) | (1,357) | (14,038) |
Balance at end of period | [1] | 4,528 | 6,982 | 8,339 |
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member] | ||||
Balance at beginning of period | 0 | 4,067 | 36,957 | |
Charged to expenses | 0 | 0 | 0 | |
Adjustments to valuation accounts | 3,776 | (4,067) | (32,890) | |
Deductions | 0 | 0 | 0 | |
Balance at end of period | $ 3,776 | $ 0 | $ 4,067 | |
[1]Includes allowances on accounts receivable and straight-line rents. |
Schedule III - Real Estate an_3
Schedule III - Real Estate and Accumulated Depreciation (Details Textual) $ in Billions | Dec. 31, 2023 USD ($) |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Federal Income Tax Basis | $ 17.5 |
Schedule III - Real Estate an_4
Schedule III - Real Estate and Accumulated Depreciation - Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands | 12 Months Ended | ||||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
INITIAL COST LAND | $ 4,232,117 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,848,636 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,857,041 | |||
LAND | 4,177,797 | ||||
BUILDING AND IMPROVEMENTS | 14,759,997 | ||||
TOTAL | 18,937,794 | $ 18,457,242 | $ 18,052,271 | $ 12,068,827 | |
ACCUMULATED DEPRECIATION | 3,842,869 | $ 3,417,414 | $ 3,010,699 | $ 2,717,114 | |
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,094,925 | ||||
ENCUMBRANCES | [2] | 353,945 | |||
Shopping Center [Member] | The 280 Metro Center [Member] | |||||
INITIAL COST LAND | 38,735 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 94,903 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,014 | |||
LAND | 38,735 | ||||
BUILDING AND IMPROVEMENTS | 96,917 | ||||
TOTAL | 135,652 | ||||
ACCUMULATED DEPRECIATION | 22,774 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 112,878 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Crossing at Stonegate [Member] | |||||
INITIAL COST LAND | 11,909 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,111 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 231 | |||
LAND | 11,909 | ||||
BUILDING AND IMPROVEMENTS | 33,343 | ||||
TOTAL | 45,252 | ||||
ACCUMULATED DEPRECIATION | 3,471 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 41,781 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Argyle Village [Member] | |||||
INITIAL COST LAND | 5,228 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 36,814 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 294 | |||
LAND | 5,228 | ||||
BUILDING AND IMPROVEMENTS | 37,108 | ||||
TOTAL | 42,336 | ||||
ACCUMULATED DEPRECIATION | 5,113 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,223 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Braelinn Village [Member] | |||||
INITIAL COST LAND | 7,315 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,739 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 19 | |||
LAND | 3,731 | ||||
BUILDING AND IMPROVEMENTS | 24,342 | ||||
TOTAL | 28,073 | ||||
ACCUMULATED DEPRECIATION | 6,665 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,408 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Centre Court - Giant [Member] | |||||
INITIAL COST LAND | 3,854 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,770 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 128 | |||
LAND | 3,854 | ||||
BUILDING AND IMPROVEMENTS | 12,898 | ||||
TOTAL | 16,752 | ||||
ACCUMULATED DEPRECIATION | 4,573 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,179 | ||||
ENCUMBRANCES | [2] | 2,935 | |||
Shopping Center [Member] | The Fountains at Arbor Lakes [Member] | |||||
INITIAL COST LAND | 28,585 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 66,699 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 15,879 | |||
LAND | 29,485 | ||||
BUILDING AND IMPROVEMENTS | 81,678 | ||||
TOTAL | 111,163 | ||||
ACCUMULATED DEPRECIATION | 38,701 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 72,462 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | 501 North Broadway [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,176 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (50) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 1,126 | ||||
TOTAL | 1,126 | ||||
ACCUMULATED DEPRECIATION | 559 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 567 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Jantzen Beach Center [Member] | |||||
INITIAL COST LAND | 57,575 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 102,844 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,052 | |||
LAND | 57,588 | ||||
BUILDING AND IMPROVEMENTS | 106,883 | ||||
TOTAL | 164,471 | ||||
ACCUMULATED DEPRECIATION | 25,005 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 139,466 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The 1350 W. 43RD ST. - Wells Fargo [Member] | |||||
INITIAL COST LAND | 3,707 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 247 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1 | |||
LAND | 3,708 | ||||
BUILDING AND IMPROVEMENTS | 247 | ||||
TOTAL | 3,955 | ||||
ACCUMULATED DEPRECIATION | 58 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,897 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Burke Town Plaza [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 43,240 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (5,224) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 38,016 | ||||
TOTAL | 38,016 | ||||
ACCUMULATED DEPRECIATION | 9,999 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,017 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Arcadia Biltmore Plaza [Member] | |||||
INITIAL COST LAND | 850 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,212 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 68 | |||
LAND | 850 | ||||
BUILDING AND IMPROVEMENTS | 1,280 | ||||
TOTAL | 2,130 | ||||
ACCUMULATED DEPRECIATION | 286 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,844 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The 580 Marketplace [Member] | |||||
INITIAL COST LAND | 12,769 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 48,768 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 287 | |||
LAND | 12,769 | ||||
BUILDING AND IMPROVEMENTS | 49,055 | ||||
TOTAL | 61,824 | ||||
ACCUMULATED DEPRECIATION | 4,314 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 57,510 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Denver West 38th Street [Member] | |||||
INITIAL COST LAND | 161 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 647 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 332 | |||
LAND | 161 | ||||
BUILDING AND IMPROVEMENTS | 979 | ||||
TOTAL | 1,140 | ||||
ACCUMULATED DEPRECIATION | 761 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 379 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Belmart Plaza [Member] | |||||
INITIAL COST LAND | 1,656 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,394 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,818 | |||
LAND | 1,656 | ||||
BUILDING AND IMPROVEMENTS | 9,212 | ||||
TOTAL | 10,868 | ||||
ACCUMULATED DEPRECIATION | 2,306 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,562 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Brownsville Commons [Member] | |||||
INITIAL COST LAND | 593 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,488 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (12) | |||
LAND | 593 | ||||
BUILDING AND IMPROVEMENTS | 5,475 | ||||
TOTAL | 6,068 | ||||
ACCUMULATED DEPRECIATION | 611 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,457 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Centre Court - Old Court/Courtyard [Member] | |||||
INITIAL COST LAND | 2,279 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,285 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 96 | |||
LAND | 2,279 | ||||
BUILDING AND IMPROVEMENTS | 5,381 | ||||
TOTAL | 7,660 | ||||
ACCUMULATED DEPRECIATION | 1,681 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,979 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Center Point S.C. [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 550 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 550 | ||||
TOTAL | 550 | ||||
ACCUMULATED DEPRECIATION | 550 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 0 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Airport Plaza [Member] | |||||
INITIAL COST LAND | 22,711 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 107,012 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,297 | |||
LAND | 22,711 | ||||
BUILDING AND IMPROVEMENTS | 113,308 | ||||
TOTAL | 136,019 | ||||
ACCUMULATED DEPRECIATION | 29,260 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 106,759 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Center Square Shopping Center [Member] | |||||
INITIAL COST LAND | 732 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,928 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,225 | |||
LAND | 691 | ||||
BUILDING AND IMPROVEMENTS | 4,194 | ||||
TOTAL | 4,885 | ||||
ACCUMULATED DEPRECIATION | 3,207 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,678 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The 1934 West Gray [Member] | |||||
INITIAL COST LAND | 705 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,831 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (7) | |||
LAND | 705 | ||||
BUILDING AND IMPROVEMENTS | 4,824 | ||||
TOTAL | 5,529 | ||||
ACCUMULATED DEPRECIATION | 422 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,107 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Centro Arlington [Member] | |||||
INITIAL COST LAND | 3,937 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 35,103 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,600 | |||
LAND | 3,937 | ||||
BUILDING AND IMPROVEMENTS | 36,704 | ||||
TOTAL | 40,641 | ||||
ACCUMULATED DEPRECIATION | 2,398 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 38,243 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Bell Camino Center [Member] | |||||
INITIAL COST LAND | 2,427 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,439 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,155 | |||
LAND | 2,427 | ||||
BUILDING AND IMPROVEMENTS | 7,594 | ||||
TOTAL | 10,021 | ||||
ACCUMULATED DEPRECIATION | 2,966 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,055 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The 800 Sunset Strip S.C. [Member] | |||||
INITIAL COST LAND | 43,012 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 85,115 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,034 | |||
LAND | 43,012 | ||||
BUILDING AND IMPROVEMENTS | 86,148 | ||||
TOTAL | 129,160 | ||||
ACCUMULATED DEPRECIATION | 9,710 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 119,450 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | East Bank S.C. [Member] | |||||
INITIAL COST LAND | 1,501 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,180 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8,417 | |||
LAND | 1,501 | ||||
BUILDING AND IMPROVEMENTS | 14,597 | ||||
TOTAL | 16,098 | ||||
ACCUMULATED DEPRECIATION | 5,448 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,650 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Boca Lyons Plaza [Member] | |||||
INITIAL COST LAND | 13,280 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,751 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 309 | |||
LAND | 13,280 | ||||
BUILDING AND IMPROVEMENTS | 38,061 | ||||
TOTAL | 51,341 | ||||
ACCUMULATED DEPRECIATION | 3,796 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,545 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Camp Creek Marketplace II [Member] | |||||
INITIAL COST LAND | 4,441 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 38,596 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 212 | |||
LAND | 4,441 | ||||
BUILDING AND IMPROVEMENTS | 38,808 | ||||
TOTAL | 43,249 | ||||
ACCUMULATED DEPRECIATION | 4,045 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,204 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Centre Court - Retail/Bank [Member] | |||||
INITIAL COST LAND | 1,035 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,786 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 892 | |||
LAND | 1,035 | ||||
BUILDING AND IMPROVEMENTS | 8,678 | ||||
TOTAL | 9,713 | ||||
ACCUMULATED DEPRECIATION | 2,489 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,224 | ||||
ENCUMBRANCES | [2] | 181 | |||
Shopping Center [Member] | Brennan Station [Member] | |||||
INITIAL COST LAND | 7,750 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,557 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (476) | |||
LAND | 6,322 | ||||
BUILDING AND IMPROVEMENTS | 21,510 | ||||
TOTAL | 27,832 | ||||
ACCUMULATED DEPRECIATION | 7,336 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,496 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Bellmore S.C. [Member] | |||||
INITIAL COST LAND | 1,272 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,184 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,837 | |||
LAND | 1,272 | ||||
BUILDING AND IMPROVEMENTS | 5,021 | ||||
TOTAL | 6,293 | ||||
ACCUMULATED DEPRECIATION | 2,928 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,365 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cranberry Township - Parcel 1 and 2 [Member] | |||||
INITIAL COST LAND | 10,271 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,770 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,183 | |||
LAND | 6,070 | ||||
BUILDING AND IMPROVEMENTS | 38,154 | ||||
TOTAL | 44,224 | ||||
ACCUMULATED DEPRECIATION | 8,787 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,437 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The 1939 West Gray [Member] | |||||
INITIAL COST LAND | 269 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,731 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (170) | |||
LAND | 269 | ||||
BUILDING AND IMPROVEMENTS | 1,561 | ||||
TOTAL | 1,830 | ||||
ACCUMULATED DEPRECIATION | 135 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,695 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Centro Arlington -Resi [Member] | |||||
INITIAL COST LAND | 15,012 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 155,639 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 604 | |||
LAND | 15,012 | ||||
BUILDING AND IMPROVEMENTS | 156,243 | ||||
TOTAL | 171,255 | ||||
ACCUMULATED DEPRECIATION | 6,800 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 164,455 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | BELL Camino-Safeway Parcel [Member] | |||||
INITIAL COST LAND | 1,104 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,574 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 1,104 | ||||
BUILDING AND IMPROVEMENTS | 4,574 | ||||
TOTAL | 5,678 | ||||
ACCUMULATED DEPRECIATION | 667 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,011 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | AAA Building at Stevens Creek [Member] | |||||
INITIAL COST LAND | 1,661 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,114 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 1,661 | ||||
BUILDING AND IMPROVEMENTS | 3,114 | ||||
TOTAL | 4,775 | ||||
ACCUMULATED DEPRECIATION | 333 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,442 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Edgewater Marketplace [Member] | |||||
INITIAL COST LAND | 7,807 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 32,706 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 537 | |||
LAND | 7,807 | ||||
BUILDING AND IMPROVEMENTS | 33,243 | ||||
TOTAL | 41,050 | ||||
ACCUMULATED DEPRECIATION | 3,217 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,833 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Camino Square [Member] | |||||
INITIAL COST LAND | 574 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,296 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (395) | |||
LAND | 734 | ||||
BUILDING AND IMPROVEMENTS | 1,742 | ||||
TOTAL | 2,476 | ||||
ACCUMULATED DEPRECIATION | 39 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,437 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Embry Village [Member] | |||||
INITIAL COST LAND | 18,147 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,010 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,714 | |||
LAND | 18,161 | ||||
BUILDING AND IMPROVEMENTS | 37,710 | ||||
TOTAL | 55,871 | ||||
ACCUMULATED DEPRECIATION | 25,553 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,318 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Columbia Crossing [Member] | |||||
INITIAL COST LAND | 3,613 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 34,345 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,689 | |||
LAND | 3,613 | ||||
BUILDING AND IMPROVEMENTS | 38,035 | ||||
TOTAL | 41,648 | ||||
ACCUMULATED DEPRECIATION | 8,457 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,191 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Brennan Station Outparcel [Member] | |||||
INITIAL COST LAND | 628 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,666 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (196) | |||
LAND | 450 | ||||
BUILDING AND IMPROVEMENTS | 1,648 | ||||
TOTAL | 2,098 | ||||
ACCUMULATED DEPRECIATION | 488 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,610 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Birchwood Plaza Commack [Member] | |||||
INITIAL COST LAND | 3,630 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,775 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,442 | |||
LAND | 3,630 | ||||
BUILDING AND IMPROVEMENTS | 6,218 | ||||
TOTAL | 9,848 | ||||
ACCUMULATED DEPRECIATION | 2,703 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,145 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Crossroads Plaza 3 [Member] | |||||
INITIAL COST LAND | 789 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,155 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14,408 | |||
LAND | 976 | ||||
BUILDING AND IMPROVEMENTS | 17,377 | ||||
TOTAL | 18,353 | ||||
ACCUMULATED DEPRECIATION | 12,070 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,283 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The 43rd Street Chase Bank Bldg [Member] | |||||
INITIAL COST LAND | 497 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,703 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 56 | |||
LAND | 497 | ||||
BUILDING AND IMPROVEMENTS | 1,759 | ||||
TOTAL | 2,256 | ||||
ACCUMULATED DEPRECIATION | 167 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,089 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Docstone Commons [Member] | |||||
INITIAL COST LAND | 3,839 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,468 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 643 | |||
LAND | 3,904 | ||||
BUILDING AND IMPROVEMENTS | 12,046 | ||||
TOTAL | 15,950 | ||||
ACCUMULATED DEPRECIATION | 2,730 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,220 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Broadway Marketplace [Member] | |||||
INITIAL COST LAND | 3,517 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,303 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 529 | |||
LAND | 3,518 | ||||
BUILDING AND IMPROVEMENTS | 10,830 | ||||
TOTAL | 14,348 | ||||
ACCUMULATED DEPRECIATION | 1,537 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,811 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Anaheim Plaza [Member] | |||||
INITIAL COST LAND | 34,228 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 73,765 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,169 | |||
LAND | 34,228 | ||||
BUILDING AND IMPROVEMENTS | 79,934 | ||||
TOTAL | 114,162 | ||||
ACCUMULATED DEPRECIATION | 10,398 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 103,764 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Englewood Plaza [Member] | |||||
INITIAL COST LAND | 806 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,233 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,081 | |||
LAND | 806 | ||||
BUILDING AND IMPROVEMENTS | 4,314 | ||||
TOTAL | 5,120 | ||||
ACCUMULATED DEPRECIATION | 2,678 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,442 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Carrollwood Commons [Member] | |||||
INITIAL COST LAND | 5,220 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,884 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,765 | |||
LAND | 5,220 | ||||
BUILDING AND IMPROVEMENTS | 21,649 | ||||
TOTAL | 26,869 | ||||
ACCUMULATED DEPRECIATION | 13,162 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,707 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Grayson Commons [Member] | |||||
INITIAL COST LAND | 2,600 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,358 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4 | |||
LAND | 2,600 | ||||
BUILDING AND IMPROVEMENTS | 13,362 | ||||
TOTAL | 15,962 | ||||
ACCUMULATED DEPRECIATION | 1,653 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,309 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Columbia Crossing II Shop Ctr, [Member] | |||||
INITIAL COST LAND | 3,138 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,868 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,614 | |||
LAND | 3,138 | ||||
BUILDING AND IMPROVEMENTS | 24,482 | ||||
TOTAL | 27,620 | ||||
ACCUMULATED DEPRECIATION | 6,480 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,140 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Capital Square [Member] | |||||
INITIAL COST LAND | 3,528 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,159 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 33 | |||
LAND | 3,528 | ||||
BUILDING AND IMPROVEMENTS | 12,193 | ||||
TOTAL | 15,721 | ||||
ACCUMULATED DEPRECIATION | 2,089 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,632 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Bridgehampton Commons - W&E Side [Member] | |||||
INITIAL COST LAND | 1,812 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,107 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 43,237 | |||
LAND | 1,858 | ||||
BUILDING AND IMPROVEMENTS | 46,298 | ||||
TOTAL | 48,156 | ||||
ACCUMULATED DEPRECIATION | 27,913 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,243 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Devon Village [Member] | |||||
INITIAL COST LAND | 4,856 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 25,847 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 988 | |||
LAND | 5,608 | ||||
BUILDING AND IMPROVEMENTS | 26,084 | ||||
TOTAL | 31,692 | ||||
ACCUMULATED DEPRECIATION | 9,213 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,479 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Accent Plaza [Member] | |||||
INITIAL COST LAND | 500 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,831 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 535 | |||
LAND | 500 | ||||
BUILDING AND IMPROVEMENTS | 3,366 | ||||
TOTAL | 3,866 | ||||
ACCUMULATED DEPRECIATION | 1,973 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,893 | ||||
Shopping Center [Member] | Docstone O/P - Staples [Member] | |||||
INITIAL COST LAND | 1,425 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,318 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (828) | |||
LAND | 1,168 | ||||
BUILDING AND IMPROVEMENTS | 3,747 | ||||
TOTAL | 4,915 | ||||
ACCUMULATED DEPRECIATION | 1,028 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,887 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Camelback Miller Plaza [Member] | |||||
INITIAL COST LAND | 6,236 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 29,230 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 790 | |||
LAND | 6,237 | ||||
BUILDING AND IMPROVEMENTS | 30,019 | ||||
TOTAL | 36,256 | ||||
ACCUMULATED DEPRECIATION | 4,067 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,189 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Center of the Hills [Member] | |||||
INITIAL COST LAND | 2,924 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,706 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,984 | |||
LAND | 2,924 | ||||
BUILDING AND IMPROVEMENTS | 16,690 | ||||
TOTAL | 19,614 | ||||
ACCUMULATED DEPRECIATION | 8,434 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,180 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Black Mountain Village [Member] | |||||
INITIAL COST LAND | 4,678 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,913 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,241 | |||
LAND | 4,678 | ||||
BUILDING AND IMPROVEMENTS | 14,154 | ||||
TOTAL | 18,832 | ||||
ACCUMULATED DEPRECIATION | 6,344 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,488 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Greeley Commons [Member] | |||||
INITIAL COST LAND | 3,313 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,070 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,467 | |||
LAND | 3,313 | ||||
BUILDING AND IMPROVEMENTS | 24,536 | ||||
TOTAL | 27,849 | ||||
ACCUMULATED DEPRECIATION | 7,488 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,361 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Center at Missouri Avenue [Member] | |||||
INITIAL COST LAND | 294 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 792 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,973 | |||
LAND | 294 | ||||
BUILDING AND IMPROVEMENTS | 7,765 | ||||
TOTAL | 8,059 | ||||
ACCUMULATED DEPRECIATION | 2,657 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,402 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lakeside Marketplace [Member] | |||||
INITIAL COST LAND | 2,238 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,579 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,251 | |||
LAND | 2,238 | ||||
BUILDING AND IMPROVEMENTS | 29,830 | ||||
TOTAL | 32,068 | ||||
ACCUMULATED DEPRECIATION | 2,969 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,099 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Columbia Crossing Outparcels [Member] | |||||
INITIAL COST LAND | 1,279 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,871 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 49,620 | |||
LAND | 14,854 | ||||
BUILDING AND IMPROVEMENTS | 38,916 | ||||
TOTAL | 53,770 | ||||
ACCUMULATED DEPRECIATION | 6,913 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,857 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cloverdale Plaza [Member] | |||||
INITIAL COST LAND | 541 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 720 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 7,530 | |||
LAND | 541 | ||||
BUILDING AND IMPROVEMENTS | 8,250 | ||||
TOTAL | 8,791 | ||||
ACCUMULATED DEPRECIATION | 4,760 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,031 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Carman's Plaza [Member] | |||||
INITIAL COST LAND | 12,558 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,290 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,174 | |||
LAND | 12,562 | ||||
BUILDING AND IMPROVEMENTS | 40,460 | ||||
TOTAL | 53,022 | ||||
ACCUMULATED DEPRECIATION | 2,653 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,369 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Fishtown Crossing [Member] | |||||
INITIAL COST LAND | 20,398 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 22,602 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 243 | |||
LAND | 20,401 | ||||
BUILDING AND IMPROVEMENTS | 22,842 | ||||
TOTAL | 43,243 | ||||
ACCUMULATED DEPRECIATION | 2,884 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 40,359 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Alabama Shepherd S.C. [Member] | |||||
INITIAL COST LAND | 4,590 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,368 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 355 | |||
LAND | 4,590 | ||||
BUILDING AND IMPROVEMENTS | 21,723 | ||||
TOTAL | 26,313 | ||||
ACCUMULATED DEPRECIATION | 2,689 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,624 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Dulles Town Crossing [Member] | |||||
INITIAL COST LAND | 53,285 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 104,176 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,449 | |||
LAND | 53,285 | ||||
BUILDING AND IMPROVEMENTS | 106,625 | ||||
TOTAL | 159,910 | ||||
ACCUMULATED DEPRECIATION | 28,499 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 131,411 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Camelback Village Square [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,038 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 427 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 13,465 | ||||
TOTAL | 13,465 | ||||
ACCUMULATED DEPRECIATION | 1,917 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,548 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Brookhurst Center [Member] | |||||
INITIAL COST LAND | 10,493 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 31,358 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,051 | |||
LAND | 22,300 | ||||
BUILDING AND IMPROVEMENTS | 23,602 | ||||
TOTAL | 45,902 | ||||
ACCUMULATED DEPRECIATION | 6,819 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,083 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Heritage West S.C. [Member] | |||||
INITIAL COST LAND | 1,527 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,124 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,856 | |||
LAND | 1,527 | ||||
BUILDING AND IMPROVEMENTS | 8,979 | ||||
TOTAL | 10,506 | ||||
ACCUMULATED DEPRECIATION | 5,560 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,946 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Chevron Outparcel [Member] | |||||
INITIAL COST LAND | 531 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,253 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 531 | ||||
BUILDING AND IMPROVEMENTS | 1,253 | ||||
TOTAL | 1,784 | ||||
ACCUMULATED DEPRECIATION | 487 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,297 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lawrenceville Market [Member] | |||||
INITIAL COST LAND | 8,878 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 29,691 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,695 | |||
LAND | 9,060 | ||||
BUILDING AND IMPROVEMENTS | 31,204 | ||||
TOTAL | 40,264 | ||||
ACCUMULATED DEPRECIATION | 10,828 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,436 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Dorsey's Search Village Center [Member] | |||||
INITIAL COST LAND | 6,322 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,996 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,093 | |||
LAND | 6,322 | ||||
BUILDING AND IMPROVEMENTS | 29,089 | ||||
TOTAL | 35,411 | ||||
ACCUMULATED DEPRECIATION | 6,620 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,791 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Crossroads Plaza [Member] | |||||
INITIAL COST LAND | 768 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,099 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,384 | |||
LAND | 768 | ||||
BUILDING AND IMPROVEMENTS | 4,483 | ||||
TOTAL | 5,251 | ||||
ACCUMULATED DEPRECIATION | 2,764 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,487 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Champion Food Supermarket [Member[ | |||||
INITIAL COST LAND | 758 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,875 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (25) | |||
LAND | 2,241 | ||||
BUILDING AND IMPROVEMENTS | 367 | ||||
TOTAL | 2,608 | ||||
ACCUMULATED DEPRECIATION | 264 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,344 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Harrisburg East Shopping Ctr. [Member | |||||
INITIAL COST LAND | 453 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,665 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 12,250 | |||
LAND | 3,003 | ||||
BUILDING AND IMPROVEMENTS | 16,365 | ||||
TOTAL | 19,368 | ||||
ACCUMULATED DEPRECIATION | 10,169 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,199 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Atascocita Commons Shop CTR [Member] | |||||
INITIAL COST LAND | 16,323 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 54,587 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 593 | |||
LAND | 15,580 | ||||
BUILDING AND IMPROVEMENTS | 55,924 | ||||
TOTAL | 71,504 | ||||
ACCUMULATED DEPRECIATION | 14,599 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 56,905 | ||||
Shopping Center [Member] | Gordon Plaza [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,331 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,005 | |||
LAND | 5,573 | ||||
BUILDING AND IMPROVEMENTS | 3,763 | ||||
TOTAL | 9,336 | ||||
ACCUMULATED DEPRECIATION | 791 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,545 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Christown Spectrum Mall [Member] | |||||
INITIAL COST LAND | 33,831 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 91,004 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 24,078 | |||
LAND | 76,639 | ||||
BUILDING AND IMPROVEMENTS | 72,274 | ||||
TOTAL | 148,913 | ||||
ACCUMULATED DEPRECIATION | 21,138 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 127,775 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Brookvale Shopping Center [Member] | |||||
INITIAL COST LAND | 14,050 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,771 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,241 | |||
LAND | 14,050 | ||||
BUILDING AND IMPROVEMENTS | 21,011 | ||||
TOTAL | 35,061 | ||||
ACCUMULATED DEPRECIATION | 2,905 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,156 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Highlands Ranch II [Member] | |||||
INITIAL COST LAND | 3,515 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,756 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,515 | |||
LAND | 3,515 | ||||
BUILDING AND IMPROVEMENTS | 13,271 | ||||
TOTAL | 16,786 | ||||
ACCUMULATED DEPRECIATION | 4,465 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,321 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Colonial Plaza [Member] | |||||
INITIAL COST LAND | 25,516 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 54,604 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,782 | |||
LAND | 25,516 | ||||
BUILDING AND IMPROVEMENTS | 60,385 | ||||
TOTAL | 85,901 | ||||
ACCUMULATED DEPRECIATION | 8,975 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 76,926 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Market at Haynes Bridge [Member] | |||||
INITIAL COST LAND | 4,881 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,549 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,249 | |||
LAND | 4,890 | ||||
BUILDING AND IMPROVEMENTS | 24,788 | ||||
TOTAL | 29,678 | ||||
ACCUMULATED DEPRECIATION | 10,353 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,325 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Enchanted Forest S.C. [Member] | |||||
INITIAL COST LAND | 20,124 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 34,345 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,114 | |||
LAND | 20,124 | ||||
BUILDING AND IMPROVEMENTS | 36,459 | ||||
TOTAL | 56,583 | ||||
ACCUMULATED DEPRECIATION | 9,522 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,061 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Crossroads Plaza 2 [Member] | |||||
INITIAL COST LAND | 13,406 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 86,456 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,331 | |||
LAND | 13,843 | ||||
BUILDING AND IMPROVEMENTS | 91,349 | ||||
TOTAL | 105,192 | ||||
ACCUMULATED DEPRECIATION | 24,303 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,889 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Elmont S.C. [Member] | |||||
INITIAL COST LAND | 3,012 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,606 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,885 | |||
LAND | 3,012 | ||||
BUILDING AND IMPROVEMENTS | 14,491 | ||||
TOTAL | 17,503 | ||||
ACCUMULATED DEPRECIATION | 5,790 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,713 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Horsham Point [Member] | |||||
INITIAL COST LAND | 3,813 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,189 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 674 | |||
LAND | 3,813 | ||||
BUILDING AND IMPROVEMENTS | 18,863 | ||||
TOTAL | 22,676 | ||||
ACCUMULATED DEPRECIATION | 4,258 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,418 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Baybrook Gateway [Member] | |||||
INITIAL COST LAND | 9,441 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 44,160 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (872) | |||
LAND | 9,441 | ||||
BUILDING AND IMPROVEMENTS | 43,289 | ||||
TOTAL | 52,730 | ||||
ACCUMULATED DEPRECIATION | 5,308 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,422 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hilltop Village Center [Member] | |||||
INITIAL COST LAND | 23,409 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 93,673 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 553 | |||
LAND | 23,409 | ||||
BUILDING AND IMPROVEMENTS | 94,225 | ||||
TOTAL | 117,634 | ||||
ACCUMULATED DEPRECIATION | 7,743 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 109,891 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | College Park Shopping Center [Member] | |||||
INITIAL COST LAND | 3,277 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,741 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 923 | |||
LAND | 3,277 | ||||
BUILDING AND IMPROVEMENTS | 8,663 | ||||
TOTAL | 11,940 | ||||
ACCUMULATED DEPRECIATION | 3,569 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,371 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cambrian Park Plaza [Member] | |||||
INITIAL COST LAND | 41,258 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,015 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,298 | |||
LAND | 41,258 | ||||
BUILDING AND IMPROVEMENTS | 4,313 | ||||
TOTAL | 45,571 | ||||
ACCUMULATED DEPRECIATION | 810 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 44,761 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Highlands Ranch Village S.C. [Member] | |||||
INITIAL COST LAND | 8,135 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,580 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,212 | |||
LAND | 5,337 | ||||
BUILDING AND IMPROVEMENTS | 25,591 | ||||
TOTAL | 30,928 | ||||
ACCUMULATED DEPRECIATION | 7,455 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,473 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Coral Pointe S.C. [Member] | |||||
INITIAL COST LAND | 2,412 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,508 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,015 | |||
LAND | 2,412 | ||||
BUILDING AND IMPROVEMENTS | 21,523 | ||||
TOTAL | 23,935 | ||||
ACCUMULATED DEPRECIATION | 5,307 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,628 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Perimeter Expo Property [Member] | |||||
INITIAL COST LAND | 14,770 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 44,295 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,582 | |||
LAND | 16,142 | ||||
BUILDING AND IMPROVEMENTS | 45,506 | ||||
TOTAL | 61,648 | ||||
ACCUMULATED DEPRECIATION | 11,302 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,346 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Fullerton Plaza [Member] | |||||
INITIAL COST LAND | 14,238 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,744 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 16,672 | |||
LAND | 14,238 | ||||
BUILDING AND IMPROVEMENTS | 23,416 | ||||
TOTAL | 37,654 | ||||
ACCUMULATED DEPRECIATION | 4,342 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,312 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Davidson Commons [Member] | |||||
INITIAL COST LAND | 2,979 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,860 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 862 | |||
LAND | 2,979 | ||||
BUILDING AND IMPROVEMENTS | 13,722 | ||||
TOTAL | 16,701 | ||||
ACCUMULATED DEPRECIATION | 4,400 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,301 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Elmsford Center 1 [Member] | |||||
INITIAL COST LAND | 4,076 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,599 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,118 | |||
LAND | 4,245 | ||||
BUILDING AND IMPROVEMENTS | 16,548 | ||||
TOTAL | 20,793 | ||||
ACCUMULATED DEPRECIATION | 5,948 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,845 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lincoln Square [Member] | |||||
INITIAL COST LAND | 90,479 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 76,429 | |||
LAND | 10,533 | ||||
BUILDING AND IMPROVEMENTS | 156,376 | ||||
TOTAL | 166,909 | ||||
ACCUMULATED DEPRECIATION | 17,369 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 149,540 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Baybrook Webster Parcel [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,978 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8,616 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 11,594 | ||||
TOTAL | 11,594 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,594 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Old Town Plaza [Member] | |||||
INITIAL COST LAND | 4,500 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 41,570 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (14,425) | |||
LAND | 3,053 | ||||
BUILDING AND IMPROVEMENTS | 28,592 | ||||
TOTAL | 31,645 | ||||
ACCUMULATED DEPRECIATION | 9,024 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,621 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Desert Village [Member] | |||||
INITIAL COST LAND | 6,465 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 22,025 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 311 | |||
LAND | 6,465 | ||||
BUILDING AND IMPROVEMENTS | 22,336 | ||||
TOTAL | 28,801 | ||||
ACCUMULATED DEPRECIATION | 2,767 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,034 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Centerwood Plaza [Member] | |||||
INITIAL COST LAND | 10,981 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,702 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 195 | |||
LAND | 10,981 | ||||
BUILDING AND IMPROVEMENTS | 10,897 | ||||
TOTAL | 21,878 | ||||
ACCUMULATED DEPRECIATION | 1,498 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,380 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lowry Town Center [Member] | |||||
INITIAL COST LAND | 3,271 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 32,685 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 858 | |||
LAND | 3,271 | ||||
BUILDING AND IMPROVEMENTS | 33,543 | ||||
TOTAL | 36,814 | ||||
ACCUMULATED DEPRECIATION | 3,085 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,729 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Coral Square Promenade [Member] | |||||
INITIAL COST LAND | 710 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,843 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,212 | |||
LAND | 710 | ||||
BUILDING AND IMPROVEMENTS | 7,054 | ||||
TOTAL | 7,764 | ||||
ACCUMULATED DEPRECIATION | 5,005 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,759 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Perimeter Village [Member] | |||||
INITIAL COST LAND | 5,418 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 67,522 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (215) | |||
LAND | 5,418 | ||||
BUILDING AND IMPROVEMENTS | 67,307 | ||||
TOTAL | 72,725 | ||||
ACCUMULATED DEPRECIATION | 7,224 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 65,501 | ||||
ENCUMBRANCES | [2] | 25,828 | |||
Shopping Center [Member] | Gaithersburg S.C. [Member] | |||||
INITIAL COST LAND | 245 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,788 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,051 | |||
LAND | 245 | ||||
BUILDING AND IMPROVEMENTS | 8,839 | ||||
TOTAL | 9,084 | ||||
ACCUMULATED DEPRECIATION | 5,437 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,647 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Falls Pointe [Member] | |||||
INITIAL COST LAND | 4,049 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,415 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 190 | |||
LAND | 4,049 | ||||
BUILDING AND IMPROVEMENTS | 27,605 | ||||
TOTAL | 31,654 | ||||
ACCUMULATED DEPRECIATION | 2,633 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,021 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Family Dollar Union Turnpike [Member] | |||||
INITIAL COST LAND | 909 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,250 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 244 | |||
LAND | 1,057 | ||||
BUILDING AND IMPROVEMENTS | 2,346 | ||||
TOTAL | 3,403 | ||||
ACCUMULATED DEPRECIATION | 736 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,667 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Norriton Square [Member] | |||||
INITIAL COST LAND | 686 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,665 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,715 | |||
LAND | 774 | ||||
BUILDING AND IMPROVEMENTS | 8,293 | ||||
TOTAL | 9,067 | ||||
ACCUMULATED DEPRECIATION | 5,727 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,340 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Bellaire Blvd S.C. [Member] | |||||
INITIAL COST LAND | 1,334 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,166 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 12 | |||
LAND | 1,334 | ||||
BUILDING AND IMPROVEMENTS | 7,178 | ||||
TOTAL | 8,512 | ||||
ACCUMULATED DEPRECIATION | 618 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,894 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Potomac Run Plaza [Member] | |||||
INITIAL COST LAND | 27,370 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 48,451 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,896 | |||
LAND | 27,370 | ||||
BUILDING AND IMPROVEMENTS | 52,347 | ||||
TOTAL | 79,717 | ||||
ACCUMULATED DEPRECIATION | 21,125 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 58,592 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Entrada De Oro Plaza [Member] | |||||
INITIAL COST LAND | 5,700 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,044 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (47) | |||
LAND | 5,700 | ||||
BUILDING AND IMPROVEMENTS | 10,997 | ||||
TOTAL | 16,697 | ||||
ACCUMULATED DEPRECIATION | 1,521 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,176 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Chico Crossroads [Member] | |||||
INITIAL COST LAND | 9,976 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,535 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (5,399) | |||
LAND | 7,905 | ||||
BUILDING AND IMPROVEMENTS | 27,207 | ||||
TOTAL | 35,112 | ||||
ACCUMULATED DEPRECIATION | 12,329 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,783 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Market at Southpark [Member] | |||||
INITIAL COST LAND | 9,783 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,780 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,256 | |||
LAND | 9,783 | ||||
BUILDING AND IMPROVEMENTS | 27,035 | ||||
TOTAL | 36,818 | ||||
ACCUMULATED DEPRECIATION | 8,412 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,406 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Corsica Square S.C. [Member] | |||||
INITIAL COST LAND | 7,225 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,757 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 354 | |||
LAND | 7,225 | ||||
BUILDING AND IMPROVEMENTS | 11,111 | ||||
TOTAL | 18,336 | ||||
ACCUMULATED DEPRECIATION | 3,185 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,151 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Riverwalk Marketplace [Member] | |||||
INITIAL COST LAND | 3,512 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,863 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 403 | |||
LAND | 3,388 | ||||
BUILDING AND IMPROVEMENTS | 19,390 | ||||
TOTAL | 22,778 | ||||
ACCUMULATED DEPRECIATION | 4,463 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,315 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Greenbrier S.C. [Member] | |||||
INITIAL COST LAND | 8,891 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,305 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,247 | |||
LAND | 8,891 | ||||
BUILDING AND IMPROVEMENTS | 31,552 | ||||
TOTAL | 40,443 | ||||
ACCUMULATED DEPRECIATION | 8,176 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,267 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | High House Crossing [Member] | |||||
INITIAL COST LAND | 3,604 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,950 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 322 | |||
LAND | 3,604 | ||||
BUILDING AND IMPROVEMENTS | 11,271 | ||||
TOTAL | 14,875 | ||||
ACCUMULATED DEPRECIATION | 1,477 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,398 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Forest Avenue Plaza [Member] | |||||
INITIAL COST LAND | 4,559 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,441 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,084 | |||
LAND | 4,559 | ||||
BUILDING AND IMPROVEMENTS | 13,525 | ||||
TOTAL | 18,084 | ||||
ACCUMULATED DEPRECIATION | 5,407 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,677 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Pocono Plaza [Member] | |||||
INITIAL COST LAND | 1,050 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,373 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 18,493 | |||
LAND | 1,050 | ||||
BUILDING AND IMPROVEMENTS | 20,866 | ||||
TOTAL | 21,916 | ||||
ACCUMULATED DEPRECIATION | 3,129 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,787 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Blalock Market [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,283 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 67 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 17,351 | ||||
TOTAL | 17,351 | ||||
ACCUMULATED DEPRECIATION | 3,013 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,338 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stafford Marketplace [Member] | |||||
INITIAL COST LAND | 26,893 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 86,450 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 16,725 | |||
LAND | 29,485 | ||||
BUILDING AND IMPROVEMENTS | 100,584 | ||||
TOTAL | 130,069 | ||||
ACCUMULATED DEPRECIATION | 22,898 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 107,171 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Fountain Plaza [Member] | |||||
INITIAL COST LAND | 4,794 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,373 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 79 | |||
LAND | 4,794 | ||||
BUILDING AND IMPROVEMENTS | 20,453 | ||||
TOTAL | 25,247 | ||||
ACCUMULATED DEPRECIATION | 1,929 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,318 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Chino Hills Marketplace [Member] | |||||
INITIAL COST LAND | 17,702 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 72,529 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 967 | |||
LAND | 17,702 | ||||
BUILDING AND IMPROVEMENTS | 73,496 | ||||
TOTAL | 91,198 | ||||
ACCUMULATED DEPRECIATION | 8,045 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 83,153 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Northridge Shopping Center [Member] | |||||
INITIAL COST LAND | 4,933 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,496 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,389 | |||
LAND | 8,934 | ||||
BUILDING AND IMPROVEMENTS | 16,883 | ||||
TOTAL | 25,817 | ||||
ACCUMULATED DEPRECIATION | 8,357 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,460 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Countryside Centre [Member] | |||||
INITIAL COST LAND | 11,116 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 41,581 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,662 | |||
LAND | 11,116 | ||||
BUILDING AND IMPROVEMENTS | 43,243 | ||||
TOTAL | 54,359 | ||||
ACCUMULATED DEPRECIATION | 5,170 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 49,189 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Roswell Corners [Member] | |||||
INITIAL COST LAND | 4,536 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 47,054 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 702 | |||
LAND | 4,536 | ||||
BUILDING AND IMPROVEMENTS | 47,756 | ||||
TOTAL | 52,292 | ||||
ACCUMULATED DEPRECIATION | 4,447 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,845 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Harper's Choice [Member] | |||||
INITIAL COST LAND | 8,429 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,374 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,071 | |||
LAND | 8,429 | ||||
BUILDING AND IMPROVEMENTS | 20,445 | ||||
TOTAL | 28,874 | ||||
ACCUMULATED DEPRECIATION | 5,217 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,657 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hope Valley Commons [Member] | |||||
INITIAL COST LAND | 3,743 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,808 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 249 | |||
LAND | 3,743 | ||||
BUILDING AND IMPROVEMENTS | 17,057 | ||||
TOTAL | 20,800 | ||||
ACCUMULATED DEPRECIATION | 1,768 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,032 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Franklin Square S.C. [Member] | |||||
INITIAL COST LAND | 1,079 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,517 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,984 | |||
LAND | 1,079 | ||||
BUILDING AND IMPROVEMENTS | 6,501 | ||||
TOTAL | 7,580 | ||||
ACCUMULATED DEPRECIATION | 2,696 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,884 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shoppes at Wynnewood [Member] | |||||
INITIAL COST LAND | 7,479 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,676 | |||
LAND | 7,479 | ||||
BUILDING AND IMPROVEMENTS | 3,676 | ||||
TOTAL | 11,155 | ||||
ACCUMULATED DEPRECIATION | 731 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,424 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Center at Baybrook [Member] | |||||
INITIAL COST LAND | 6,941 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,727 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 10,856 | |||
LAND | 6,928 | ||||
BUILDING AND IMPROVEMENTS | 38,597 | ||||
TOTAL | 45,525 | ||||
ACCUMULATED DEPRECIATION | 22,263 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,262 | ||||
Shopping Center [Member] | Stonebridge at Potomac Town Center [Member] | |||||
INITIAL COST LAND | 52,190 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 73,877 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | 54,138 | ||||
LAND | 52,189 | ||||
BUILDING AND IMPROVEMENTS | 128,017 | ||||
TOTAL | 180,206 | ||||
ACCUMULATED DEPRECIATION | 3,967 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 176,239 | ||||
ENCUMBRANCES | 0 | ||||
Shopping Center [Member] | Madera Village [Member] | |||||
INITIAL COST LAND | 3,980 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,110 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 219 | |||
LAND | 3,980 | ||||
BUILDING AND IMPROVEMENTS | 8,330 | ||||
TOTAL | 12,310 | ||||
ACCUMULATED DEPRECIATION | 1,266 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,044 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | City Heights [Member] | |||||
INITIAL COST LAND | 10,687 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,325 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (435) | |||
LAND | 13,909 | ||||
BUILDING AND IMPROVEMENTS | 24,668 | ||||
TOTAL | 38,577 | ||||
ACCUMULATED DEPRECIATION | 7,030 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 31,547 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Quincy Place S.C. [Member] | |||||
INITIAL COST LAND | 1,148 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,608 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,081 | |||
LAND | 1,148 | ||||
BUILDING AND IMPROVEMENTS | 7,689 | ||||
TOTAL | 8,837 | ||||
ACCUMULATED DEPRECIATION | 4,826 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,011 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Curlew Crossing Shopping Ctr [Member] | |||||
INITIAL COST LAND | 5,316 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,529 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,003 | |||
LAND | 3,312 | ||||
BUILDING AND IMPROVEMENTS | 15,536 | ||||
TOTAL | 18,848 | ||||
ACCUMULATED DEPRECIATION | 8,151 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,697 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Roswell Crossing [Member] | |||||
INITIAL COST LAND | 6,270 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 45,338 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 297 | |||
LAND | 6,270 | ||||
BUILDING AND IMPROVEMENTS | 45,635 | ||||
TOTAL | 51,905 | ||||
ACCUMULATED DEPRECIATION | 4,796 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,109 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hickory Ridge [Member] | |||||
INITIAL COST LAND | 7,184 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,948 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,405 | |||
LAND | 7,184 | ||||
BUILDING AND IMPROVEMENTS | 28,354 | ||||
TOTAL | 35,538 | ||||
ACCUMULATED DEPRECIATION | 6,115 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,423 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Jetton Village Shoppes [Member] | |||||
INITIAL COST LAND | 3,875 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,292 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 790 | |||
LAND | 2,144 | ||||
BUILDING AND IMPROVEMENTS | 12,813 | ||||
TOTAL | 14,957 | ||||
ACCUMULATED DEPRECIATION | 4,054 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,903 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Great Neck Outparcel [Member] | |||||
INITIAL COST LAND | 4,019 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 74 | |||
LAND | 4,019 | ||||
BUILDING AND IMPROVEMENTS | 74 | ||||
TOTAL | 4,093 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,093 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shrewsbury Square S.C. [Member] | |||||
INITIAL COST LAND | 8,066 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,998 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,555) | |||
LAND | 6,172 | ||||
BUILDING AND IMPROVEMENTS | 17,338 | ||||
TOTAL | 23,510 | ||||
ACCUMULATED DEPRECIATION | 4,720 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,790 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | West Alex -Retail [Member] | |||||
INITIAL COST LAND | 6,043 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 55,434 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,510 | |||
LAND | 6,043 | ||||
BUILDING AND IMPROVEMENTS | 56,944 | ||||
TOTAL | 62,987 | ||||
ACCUMULATED DEPRECIATION | 3,556 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 59,431 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Madison Village Marketplace [Member] | |||||
INITIAL COST LAND | 4,090 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,343 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 167 | |||
LAND | 4,090 | ||||
BUILDING AND IMPROVEMENTS | 18,510 | ||||
TOTAL | 22,600 | ||||
ACCUMULATED DEPRECIATION | 2,004 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,596 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Corona Hills Plaza [Member] | |||||
INITIAL COST LAND | 13,361 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 53,373 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 13,790 | |||
LAND | 13,361 | ||||
BUILDING AND IMPROVEMENTS | 67,163 | ||||
TOTAL | 80,524 | ||||
ACCUMULATED DEPRECIATION | 43,815 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,709 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | River Point at Sheridan [Member] | |||||
INITIAL COST LAND | 13,223 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,444 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,390 | |||
LAND | 12,331 | ||||
BUILDING AND IMPROVEMENTS | 32,726 | ||||
TOTAL | 45,057 | ||||
ACCUMULATED DEPRECIATION | 6,156 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 38,901 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Dania Pointe [Member] | |||||
INITIAL COST LAND | 105,113 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 35,582 | |||
LAND | 26,094 | ||||
BUILDING AND IMPROVEMENTS | 114,600 | ||||
TOTAL | 140,694 | ||||
ACCUMULATED DEPRECIATION | 12,789 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 127,905 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Clive Plaza [Member] | |||||
INITIAL COST LAND | 501 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,002 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 501 | ||||
BUILDING AND IMPROVEMENTS | 2,002 | ||||
TOTAL | 2,503 | ||||
ACCUMULATED DEPRECIATION | 1,433 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,070 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hickory Ridge (Sunoco) [Member] | |||||
INITIAL COST LAND | 543 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,122 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 543 | ||||
BUILDING AND IMPROVEMENTS | 2,122 | ||||
TOTAL | 2,665 | ||||
ACCUMULATED DEPRECIATION | 567 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,098 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Leesville Towne Centre [Member] | |||||
INITIAL COST LAND | 5,693 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,053 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 262 | |||
LAND | 5,693 | ||||
BUILDING AND IMPROVEMENTS | 37,316 | ||||
TOTAL | 43,009 | ||||
ACCUMULATED DEPRECIATION | 3,847 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,162 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Greenridge Plaza [Member] | |||||
INITIAL COST LAND | 2,940 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,812 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 9,872 | |||
LAND | 3,148 | ||||
BUILDING AND IMPROVEMENTS | 21,477 | ||||
TOTAL | 24,625 | ||||
ACCUMULATED DEPRECIATION | 11,957 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,668 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Springfield S.C. [Member] | |||||
INITIAL COST LAND | 920 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,982 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14,083 | |||
LAND | 920 | ||||
BUILDING AND IMPROVEMENTS | 19,065 | ||||
TOTAL | 19,985 | ||||
ACCUMULATED DEPRECIATION | 13,174 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,811 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Citadel Building [Member] | |||||
INITIAL COST LAND | 4,046 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,824 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (7,501) | |||
LAND | 2,169 | ||||
BUILDING AND IMPROVEMENTS | 7,201 | ||||
TOTAL | 9,370 | ||||
ACCUMULATED DEPRECIATION | 547 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,823 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | West Alex -Office [Member] | |||||
INITIAL COST LAND | 1,479 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,458 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,602 | |||
LAND | 1,479 | ||||
BUILDING AND IMPROVEMENTS | 12,059 | ||||
TOTAL | 13,538 | ||||
ACCUMULATED DEPRECIATION | 622 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,916 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mesa Riverview [Member] | |||||
INITIAL COST LAND | 15,000 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 143,883 | |||
LAND | 308 | ||||
BUILDING AND IMPROVEMENTS | 158,574 | ||||
TOTAL | 158,882 | ||||
ACCUMULATED DEPRECIATION | 78,144 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,738 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Costco Plaza - 541 [Member] | |||||
INITIAL COST LAND | 4,996 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,983 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (762) | |||
LAND | 4,996 | ||||
BUILDING AND IMPROVEMENTS | 19,221 | ||||
TOTAL | 24,217 | ||||
ACCUMULATED DEPRECIATION | 12,714 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,503 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | River Point at Sheridan II [Member] | |||||
INITIAL COST LAND | 1,255 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,231 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 1,255 | ||||
BUILDING AND IMPROVEMENTS | 4,231 | ||||
TOTAL | 5,486 | ||||
ACCUMULATED DEPRECIATION | 487 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,999 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Dania Pointe Phase II [Member] | |||||
INITIAL COST LAND | [3] | 0 | |||
INITIAL COST BUILDING AND IMPROVEMENTS | [3] | 0 | |||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1],[3] | 273,761 | |||
LAND | [3] | 26,715 | |||
BUILDING AND IMPROVEMENTS | [3] | 247,046 | |||
TOTAL | [3] | 273,761 | |||
ACCUMULATED DEPRECIATION | [3] | 19,551 | |||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | [3] | 254,210 | |||
ENCUMBRANCES | [2],[3] | 0 | |||
Shopping Center [Member] | Hawthorn Hills Square [Member] | |||||
INITIAL COST LAND | 6,784 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,034 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,652 | |||
LAND | 6,784 | ||||
BUILDING AND IMPROVEMENTS | 36,687 | ||||
TOTAL | 43,471 | ||||
ACCUMULATED DEPRECIATION | 14,164 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,307 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ingleside S.C. [Member] | |||||
INITIAL COST LAND | 10,417 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,889 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,013 | |||
LAND | 10,417 | ||||
BUILDING AND IMPROVEMENTS | 18,902 | ||||
TOTAL | 29,319 | ||||
ACCUMULATED DEPRECIATION | 5,175 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,144 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mooresville Crossing [Member] | |||||
INITIAL COST LAND | 12,014 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,604 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 398 | |||
LAND | 11,333 | ||||
BUILDING AND IMPROVEMENTS | 31,684 | ||||
TOTAL | 43,017 | ||||
ACCUMULATED DEPRECIATION | 15,108 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,909 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hampton Bays Plaza [Member] | |||||
INITIAL COST LAND | 1,495 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,979 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,550 | |||
LAND | 1,495 | ||||
BUILDING AND IMPROVEMENTS | 9,529 | ||||
TOTAL | 11,024 | ||||
ACCUMULATED DEPRECIATION | 8,638 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,386 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Suburban Square [Member] | |||||
INITIAL COST LAND | 70,680 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 166,351 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 85,342 | |||
LAND | 71,280 | ||||
BUILDING AND IMPROVEMENTS | 251,093 | ||||
TOTAL | 322,373 | ||||
ACCUMULATED DEPRECIATION | 79,755 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 242,618 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Conroe Marketplace [Member] | |||||
INITIAL COST LAND | 18,869 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 50,757 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,582) | |||
LAND | 10,842 | ||||
BUILDING AND IMPROVEMENTS | 57,202 | ||||
TOTAL | 68,044 | ||||
ACCUMULATED DEPRECIATION | 13,901 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 54,143 | ||||
Shopping Center [Member] | West Alex -Resi [Member] | |||||
INITIAL COST LAND | 15,892 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 65,282 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 451 | |||
LAND | 15,892 | ||||
BUILDING AND IMPROVEMENTS | 65,733 | ||||
TOTAL | 81,625 | ||||
ACCUMULATED DEPRECIATION | 5,813 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 75,812 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Metro Square [Member] | |||||
INITIAL COST LAND | 4,101 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,411 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,799 | |||
LAND | 4,101 | ||||
BUILDING AND IMPROVEMENTS | 19,211 | ||||
TOTAL | 23,312 | ||||
ACCUMULATED DEPRECIATION | 12,342 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,970 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Creekside Center [Member] | |||||
INITIAL COST LAND | 3,871 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,563 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,696 | |||
LAND | 5,154 | ||||
BUILDING AND IMPROVEMENTS | 12,975 | ||||
TOTAL | 18,129 | ||||
ACCUMULATED DEPRECIATION | 2,404 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,725 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Village Center - Highland Ranch [Member] | |||||
INITIAL COST LAND | 1,140 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,660 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 284 | |||
LAND | 1,140 | ||||
BUILDING AND IMPROVEMENTS | 2,944 | ||||
TOTAL | 4,084 | ||||
ACCUMULATED DEPRECIATION | 757 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,327 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Embassy Lakes [Member] | |||||
INITIAL COST LAND | 6,565 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,104 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 694 | |||
LAND | 6,565 | ||||
BUILDING AND IMPROVEMENTS | 18,797 | ||||
TOTAL | 25,362 | ||||
ACCUMULATED DEPRECIATION | 1,705 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,657 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Del Prado [Member] | |||||
INITIAL COST LAND | 10,204 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,410 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,670 | |||
LAND | 10,172 | ||||
BUILDING AND IMPROVEMENTS | 30,113 | ||||
TOTAL | 40,285 | ||||
ACCUMULATED DEPRECIATION | 7,282 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,003 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Kentlands Market Square [Member] | |||||
INITIAL COST LAND | 20,167 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 84,615 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 19,921 | |||
LAND | 20,167 | ||||
BUILDING AND IMPROVEMENTS | 104,536 | ||||
TOTAL | 124,703 | ||||
ACCUMULATED DEPRECIATION | 19,110 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 105,593 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Northwoods S.C. [Member] | |||||
INITIAL COST LAND | 2,696 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,397 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (83) | |||
LAND | 2,696 | ||||
BUILDING AND IMPROVEMENTS | 9,314 | ||||
TOTAL | 12,010 | ||||
ACCUMULATED DEPRECIATION | 1,077 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,933 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hicksville Plaza [Member] | |||||
INITIAL COST LAND | 3,543 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,266 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,629 | |||
LAND | 3,543 | ||||
BUILDING AND IMPROVEMENTS | 10,895 | ||||
TOTAL | 14,438 | ||||
ACCUMULATED DEPRECIATION | 5,461 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,977 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Township Line S.C. [Member] | |||||
INITIAL COST LAND | 732 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,928 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 732 | ||||
BUILDING AND IMPROVEMENTS | 2,928 | ||||
TOTAL | 3,660 | ||||
ACCUMULATED DEPRECIATION | 2,052 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,608 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Copperfield Village Shop CTR [Member] | |||||
INITIAL COST LAND | 7,828 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 34,864 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,334 | |||
LAND | 7,828 | ||||
BUILDING AND IMPROVEMENTS | 36,198 | ||||
TOTAL | 44,026 | ||||
ACCUMULATED DEPRECIATION | 9,507 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,519 | ||||
Shopping Center [Member] | Auburn North [Member] | |||||
INITIAL COST LAND | 7,786 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,158 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 12,122 | |||
LAND | 7,786 | ||||
BUILDING AND IMPROVEMENTS | 30,279 | ||||
TOTAL | 38,065 | ||||
ACCUMULATED DEPRECIATION | 11,541 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,524 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Monte Vista Village Center [Member] | |||||
INITIAL COST LAND | 4,064 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,344 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (11) | |||
LAND | 4,064 | ||||
BUILDING AND IMPROVEMENTS | 8,333 | ||||
TOTAL | 12,397 | ||||
ACCUMULATED DEPRECIATION | 1,050 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,347 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Crocker Ranch [Member] | |||||
INITIAL COST LAND | 7,526 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,878 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (107) | |||
LAND | 7,526 | ||||
BUILDING AND IMPROVEMENTS | 24,770 | ||||
TOTAL | 32,296 | ||||
ACCUMULATED DEPRECIATION | 6,315 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,981 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Village Center West [Member] | |||||
INITIAL COST LAND | 2,011 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,361 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 826 | |||
LAND | 2,011 | ||||
BUILDING AND IMPROVEMENTS | 9,186 | ||||
TOTAL | 11,197 | ||||
ACCUMULATED DEPRECIATION | 2,496 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,701 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Flagler Park [Member] | |||||
INITIAL COST LAND | 26,163 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 80,737 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,379 | |||
LAND | 26,725 | ||||
BUILDING AND IMPROVEMENTS | 86,554 | ||||
TOTAL | 113,279 | ||||
ACCUMULATED DEPRECIATION | 33,786 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 79,493 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Skokie Pointe [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,276 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 9,794 | |||
LAND | 2,628 | ||||
BUILDING AND IMPROVEMENTS | 9,442 | ||||
TOTAL | 12,070 | ||||
ACCUMULATED DEPRECIATION | 5,472 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,598 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | King's Contrivance [Member] | |||||
INITIAL COST LAND | 9,308 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 31,760 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,768 | |||
LAND | 9,308 | ||||
BUILDING AND IMPROVEMENTS | 33,527 | ||||
TOTAL | 42,835 | ||||
ACCUMULATED DEPRECIATION | 9,690 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,145 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Park Place SC [Member] | |||||
INITIAL COST LAND | 5,461 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,163 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,034 | |||
LAND | 5,470 | ||||
BUILDING AND IMPROVEMENTS | 21,188 | ||||
TOTAL | 26,658 | ||||
ACCUMULATED DEPRECIATION | 10,816 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,842 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Independence Plaza [Member] | |||||
INITIAL COST LAND | 12,279 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 34,814 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 513 | |||
LAND | 16,132 | ||||
BUILDING AND IMPROVEMENTS | 31,474 | ||||
TOTAL | 47,606 | ||||
ACCUMULATED DEPRECIATION | 10,756 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,850 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Wayne Plaza [Member] | |||||
INITIAL COST LAND | 6,128 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,605 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 925 | |||
LAND | 6,136 | ||||
BUILDING AND IMPROVEMENTS | 16,522 | ||||
TOTAL | 22,658 | ||||
ACCUMULATED DEPRECIATION | 7,013 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,645 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Copperwood Village [Member] | |||||
INITIAL COST LAND | 13,848 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 84,184 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,580 | |||
LAND | 13,848 | ||||
BUILDING AND IMPROVEMENTS | 86,765 | ||||
TOTAL | 100,613 | ||||
ACCUMULATED DEPRECIATION | 21,475 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 79,138 | ||||
Shopping Center [Member] | Covington Esplanade [Member] | |||||
INITIAL COST LAND | 6,009 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 47,941 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 165 | |||
LAND | 6,009 | ||||
BUILDING AND IMPROVEMENTS | 48,107 | ||||
TOTAL | 54,116 | ||||
ACCUMULATED DEPRECIATION | 3,630 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,486 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Valley [Member] | |||||
INITIAL COST LAND | 6,862 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,201 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 15,177 | |||
LAND | 4,796 | ||||
BUILDING AND IMPROVEMENTS | 35,444 | ||||
TOTAL | 40,240 | ||||
ACCUMULATED DEPRECIATION | 9,261 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,979 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cupertino Village [Member] | |||||
INITIAL COST LAND | 19,886 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 46,535 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 27,949 | |||
LAND | 19,886 | ||||
BUILDING AND IMPROVEMENTS | 74,484 | ||||
TOTAL | 94,370 | ||||
ACCUMULATED DEPRECIATION | 27,845 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 66,525 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Village on the Park [Member] | |||||
INITIAL COST LAND | 2,194 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,886 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 20,019 | |||
LAND | 3,018 | ||||
BUILDING AND IMPROVEMENTS | 28,081 | ||||
TOTAL | 31,099 | ||||
ACCUMULATED DEPRECIATION | 9,384 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,715 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ft. Lauderdale #1, FL [Member] | |||||
INITIAL COST LAND | 1,003 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,602 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 18,506 | |||
LAND | 1,774 | ||||
BUILDING AND IMPROVEMENTS | 20,337 | ||||
TOTAL | 22,111 | ||||
ACCUMULATED DEPRECIATION | 13,102 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,009 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Greenwood S.C. [Member] | |||||
INITIAL COST LAND | 423 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,883 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 21,522 | |||
LAND | 1,641 | ||||
BUILDING AND IMPROVEMENTS | 22,187 | ||||
TOTAL | 23,828 | ||||
ACCUMULATED DEPRECIATION | 6,142 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,686 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Laurel Plaza [Member] | |||||
INITIAL COST LAND | 350 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,398 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,745 | |||
LAND | 1,571 | ||||
BUILDING AND IMPROVEMENTS | 6,921 | ||||
TOTAL | 8,492 | ||||
ACCUMULATED DEPRECIATION | 3,580 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,912 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Pleasant Valley Promenade [Member] | |||||
INITIAL COST LAND | 5,209 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,886 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 24,824 | |||
LAND | 5,209 | ||||
BUILDING AND IMPROVEMENTS | 45,710 | ||||
TOTAL | 50,919 | ||||
ACCUMULATED DEPRECIATION | 27,077 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,842 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Jericho Commons South [Member] | |||||
INITIAL COST LAND | 12,368 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,071 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,119 | |||
LAND | 12,368 | ||||
BUILDING AND IMPROVEMENTS | 37,190 | ||||
TOTAL | 49,558 | ||||
ACCUMULATED DEPRECIATION | 15,779 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,779 | ||||
ENCUMBRANCES | [2] | 768 | |||
Shopping Center [Member] | Wexford Plaza [Member] | |||||
INITIAL COST LAND | 6,414 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,775 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14,488 | |||
LAND | 6,299 | ||||
BUILDING AND IMPROVEMENTS | 24,378 | ||||
TOTAL | 30,677 | ||||
ACCUMULATED DEPRECIATION | 7,937 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,740 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cypress Towne Center [Member] | |||||
INITIAL COST LAND | 6,034 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,412 | |||
LAND | 2,252 | ||||
BUILDING AND IMPROVEMENTS | 6,194 | ||||
TOTAL | 8,446 | ||||
ACCUMULATED DEPRECIATION | 2,098 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,348 | ||||
Shopping Center [Member] | Franklin Park Commons [Member] | |||||
INITIAL COST LAND | 5,419 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,989 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 7,740 | |||
LAND | 5,419 | ||||
BUILDING AND IMPROVEMENTS | 19,730 | ||||
TOTAL | 25,149 | ||||
ACCUMULATED DEPRECIATION | 5,778 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,371 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza at Mountainside [Member] | |||||
INITIAL COST LAND | 2,450 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,802 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,905 | |||
LAND | 2,450 | ||||
BUILDING AND IMPROVEMENTS | 12,706 | ||||
TOTAL | 15,156 | ||||
ACCUMULATED DEPRECIATION | 8,510 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,646 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | El Camino Promenade [Member] | |||||
INITIAL COST LAND | 7,372 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,592 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,200 | |||
LAND | 7,372 | ||||
BUILDING AND IMPROVEMENTS | 42,792 | ||||
TOTAL | 50,164 | ||||
ACCUMULATED DEPRECIATION | 4,268 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,896 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Bright Horizons [Member] | |||||
INITIAL COST LAND | 1,212 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,611 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 128 | |||
LAND | 1,212 | ||||
BUILDING AND IMPROVEMENTS | 4,740 | ||||
TOTAL | 5,952 | ||||
ACCUMULATED DEPRECIATION | 1,713 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,239 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ft. Lauderdale/Cypress Creek [Member] | |||||
INITIAL COST LAND | 14,259 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,042 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,384 | |||
LAND | 14,259 | ||||
BUILDING AND IMPROVEMENTS | 32,425 | ||||
TOTAL | 46,684 | ||||
ACCUMULATED DEPRECIATION | 14,403 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,281 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Festival on Jefferson Court [Member] | |||||
INITIAL COST LAND | 5,627 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,790 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 349 | |||
LAND | 5,627 | ||||
BUILDING AND IMPROVEMENTS | 27,139 | ||||
TOTAL | 32,766 | ||||
ACCUMULATED DEPRECIATION | 3,761 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,005 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Laurel Plaza 2 [Member] | |||||
INITIAL COST LAND | 275 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,101 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 174 | |||
LAND | 275 | ||||
BUILDING AND IMPROVEMENTS | 1,275 | ||||
TOTAL | 1,550 | ||||
ACCUMULATED DEPRECIATION | 1,275 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 275 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Quail Corners [Member] | |||||
INITIAL COST LAND | 7,318 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,676 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,383 | |||
LAND | 7,318 | ||||
BUILDING AND IMPROVEMENTS | 29,060 | ||||
TOTAL | 36,378 | ||||
ACCUMULATED DEPRECIATION | 7,464 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,914 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Key Food - 21st Street [Member] | |||||
INITIAL COST LAND | 1,091 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,700 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (165) | |||
LAND | 1,669 | ||||
BUILDING AND IMPROVEMENTS | 1,957 | ||||
TOTAL | 3,626 | ||||
ACCUMULATED DEPRECIATION | 578 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,048 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Whitehall Mall [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,196 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 5,196 | ||||
TOTAL | 5,196 | ||||
ACCUMULATED DEPRECIATION | 3,641 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,555 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cypress Towne Center 2 [Member] | |||||
INITIAL COST LAND | 12,329 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 36,836 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,714 | |||
LAND | 8,644 | ||||
BUILDING AND IMPROVEMENTS | 42,234 | ||||
TOTAL | 50,878 | ||||
ACCUMULATED DEPRECIATION | 8,640 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,238 | ||||
Shopping Center [Member] | Frontier Village Shopping CTR [Member] | |||||
INITIAL COST LAND | 10,751 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 44,861 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,811 | |||
LAND | 10,751 | ||||
BUILDING AND IMPROVEMENTS | 47,672 | ||||
TOTAL | 58,423 | ||||
ACCUMULATED DEPRECIATION | 12,080 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,343 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Del Sol [Member] | |||||
INITIAL COST LAND | 5,325 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,270 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,656 | |||
LAND | 4,578 | ||||
BUILDING AND IMPROVEMENTS | 24,673 | ||||
TOTAL | 29,251 | ||||
ACCUMULATED DEPRECIATION | 12,107 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,144 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Freedom Centre [Member] | |||||
INITIAL COST LAND | 8,933 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,622 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 125 | |||
LAND | 8,933 | ||||
BUILDING AND IMPROVEMENTS | 18,746 | ||||
TOTAL | 27,679 | ||||
ACCUMULATED DEPRECIATION | 2,637 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,042 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hamden Mart [Member] | |||||
INITIAL COST LAND | 13,668 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 40,890 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,784 | |||
LAND | 14,226 | ||||
BUILDING AND IMPROVEMENTS | 47,116 | ||||
TOTAL | 61,342 | ||||
ACCUMULATED DEPRECIATION | 13,565 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,777 | ||||
ENCUMBRANCES | [2] | 17,580 | |||
Shopping Center [Member] | Grand Oaks Village [Member] | |||||
INITIAL COST LAND | 7,409 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,654 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 675 | |||
LAND | 5,846 | ||||
BUILDING AND IMPROVEMENTS | 21,892 | ||||
TOTAL | 27,738 | ||||
ACCUMULATED DEPRECIATION | 6,839 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,899 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Adams Plaza [Member] | |||||
INITIAL COST LAND | 2,089 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,227 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 251 | |||
LAND | 2,089 | ||||
BUILDING AND IMPROVEMENTS | 3,478 | ||||
TOTAL | 5,567 | ||||
ACCUMULATED DEPRECIATION | 1,008 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,559 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mill Station [Member] | |||||
INITIAL COST LAND | 21,321 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 69,798 | |||
LAND | 16,103 | ||||
BUILDING AND IMPROVEMENTS | 75,016 | ||||
TOTAL | 91,119 | ||||
ACCUMULATED DEPRECIATION | 6,050 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 85,069 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Six Forks S.C. [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 78,366 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (2) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 78,364 | ||||
TOTAL | 78,364 | ||||
ACCUMULATED DEPRECIATION | 7,819 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 70,545 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Key Food - Atlantic Ave [Member] | |||||
INITIAL COST LAND | 2,273 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,625 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 509 | |||
LAND | 4,809 | ||||
BUILDING AND IMPROVEMENTS | 3,598 | ||||
TOTAL | 8,407 | ||||
ACCUMULATED DEPRECIATION | 1,297 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,110 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Whiteland Town Center [Member] | |||||
INITIAL COST LAND | 732 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,928 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 59 | |||
LAND | 732 | ||||
BUILDING AND IMPROVEMENTS | 2,987 | ||||
TOTAL | 3,719 | ||||
ACCUMULATED DEPRECIATION | 2,111 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,608 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Cypress Towne Center (Phase II) [Member] | |||||
INITIAL COST LAND | 2,061 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,158 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,361) | |||
LAND | 270 | ||||
BUILDING AND IMPROVEMENTS | 6,588 | ||||
TOTAL | 6,858 | ||||
ACCUMULATED DEPRECIATION | 1,961 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,897 | ||||
Shopping Center [Member] | Gateway Shopping Center [Member] | |||||
INITIAL COST LAND | 6,938 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,270 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 9,612 | |||
LAND | 6,938 | ||||
BUILDING AND IMPROVEMENTS | 20,883 | ||||
TOTAL | 27,821 | ||||
ACCUMULATED DEPRECIATION | 4,249 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,572 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Pueblo Anozira [Member] | |||||
INITIAL COST LAND | 7,734 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,063 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 449 | |||
LAND | 7,734 | ||||
BUILDING AND IMPROVEMENTS | 27,512 | ||||
TOTAL | 35,246 | ||||
ACCUMULATED DEPRECIATION | 3,153 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,093 | ||||
ENCUMBRANCES | [2] | 11,803 | |||
Shopping Center [Member] | Fulton Market Place [Member] | |||||
INITIAL COST LAND | 2,966 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,921 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 16,928 | |||
LAND | 6,280 | ||||
BUILDING AND IMPROVEMENTS | 20,535 | ||||
TOTAL | 26,815 | ||||
ACCUMULATED DEPRECIATION | 6,679 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,136 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Home Depot Plaza 2 [Member] | |||||
INITIAL COST LAND | 7,705 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,798 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,206 | |||
LAND | 7,705 | ||||
BUILDING AND IMPROVEMENTS | 35,004 | ||||
TOTAL | 42,709 | ||||
ACCUMULATED DEPRECIATION | 22,022 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,687 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Grove Gates S.C. [Member] | |||||
INITIAL COST LAND | 366 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,049 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 793 | |||
LAND | 366 | ||||
BUILDING AND IMPROVEMENTS | 1,842 | ||||
TOTAL | 2,208 | ||||
ACCUMULATED DEPRECIATION | 1,699 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 509 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Broadway Plaza [Member] | |||||
INITIAL COST LAND | 6,485 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 343 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 6,485 | ||||
BUILDING AND IMPROVEMENTS | 343 | ||||
TOTAL | 6,828 | ||||
ACCUMULATED DEPRECIATION | 244 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,584 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mill Station Theater/ Restaurants [Member] | |||||
INITIAL COST LAND | 23,379 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,090 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (3,531) | |||
LAND | 14,738 | ||||
BUILDING AND IMPROVEMENTS | 6,200 | ||||
TOTAL | 20,938 | ||||
ACCUMULATED DEPRECIATION | 2,279 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,659 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stonehenge Market [Member] | |||||
INITIAL COST LAND | 3,848 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,900 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,785 | |||
LAND | 3,848 | ||||
BUILDING AND IMPROVEMENTS | 39,685 | ||||
TOTAL | 43,533 | ||||
ACCUMULATED DEPRECIATION | 3,177 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 40,356 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Key Food - Central Ave. [Member] | |||||
INITIAL COST LAND | 2,788 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,899 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (395) | |||
LAND | 2,603 | ||||
BUILDING AND IMPROVEMENTS | 6,689 | ||||
TOTAL | 9,292 | ||||
ACCUMULATED DEPRECIATION | 2,061 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,231 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Whole Foods at Wynnewood [Member] | |||||
INITIAL COST LAND | 15,042 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 11,785 | |||
LAND | 13,772 | ||||
BUILDING AND IMPROVEMENTS | 13,055 | ||||
TOTAL | 26,827 | ||||
ACCUMULATED DEPRECIATION | 1,893 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,934 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Driscoll at River Oaks -Resi [Member] | |||||
INITIAL COST LAND | 1,244 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 145,366 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,107 | |||
LAND | 1,244 | ||||
BUILDING AND IMPROVEMENTS | 148,472 | ||||
TOTAL | 149,716 | ||||
ACCUMULATED DEPRECIATION | 8,080 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 141,636 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Silverdale Plaza [Member] | |||||
INITIAL COST LAND | 3,875 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,109 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,196 | |||
LAND | 3,756 | ||||
BUILDING AND IMPROVEMENTS | 34,425 | ||||
TOTAL | 38,181 | ||||
ACCUMULATED DEPRECIATION | 10,419 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,762 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Raintree Ranch Center [Member] | |||||
INITIAL COST LAND | 7,720 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,743 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (129) | |||
LAND | 7,720 | ||||
BUILDING AND IMPROVEMENTS | 30,614 | ||||
TOTAL | 38,334 | ||||
ACCUMULATED DEPRECIATION | 3,113 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,221 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Gateway at Donner Pass [Member] | |||||
INITIAL COST LAND | 4,516 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,319 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14,671 | |||
LAND | 8,759 | ||||
BUILDING AND IMPROVEMENTS | 18,747 | ||||
TOTAL | 27,506 | ||||
ACCUMULATED DEPRECIATION | 3,825 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,681 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Newtown S.C. [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,635 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 425 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 16,059 | ||||
TOTAL | 16,059 | ||||
ACCUMULATED DEPRECIATION | 3,835 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,224 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ives Dairy Crossing [Member] | |||||
INITIAL COST LAND | 733 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,080 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 11,713 | |||
LAND | 721 | ||||
BUILDING AND IMPROVEMENTS | 15,806 | ||||
TOTAL | 16,527 | ||||
ACCUMULATED DEPRECIATION | 11,307 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,220 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Falmouth Plaza [Member] | |||||
INITIAL COST LAND | 2,361 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,066 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,012 | |||
LAND | 2,361 | ||||
BUILDING AND IMPROVEMENTS | 15,078 | ||||
TOTAL | 17,439 | ||||
ACCUMULATED DEPRECIATION | 3,692 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,747 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Pike Center [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 61,389 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 22,134 | |||
LAND | 21,849 | ||||
BUILDING AND IMPROVEMENTS | 61,674 | ||||
TOTAL | 83,523 | ||||
ACCUMULATED DEPRECIATION | 4,846 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 78,677 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Tyvola Mall [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,736 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 9,499 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 14,235 | ||||
TOTAL | 14,235 | ||||
ACCUMULATED DEPRECIATION | 11,143 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,092 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Kings Highway [Member] | |||||
INITIAL COST LAND | 2,744 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,811 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,060 | |||
LAND | 2,744 | ||||
BUILDING AND IMPROVEMENTS | 8,872 | ||||
TOTAL | 11,616 | ||||
ACCUMULATED DEPRECIATION | 4,613 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,003 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Los Colobos - Builder Square [Member] | |||||
INITIAL COST LAND | 4,405 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,628 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (538) | |||
LAND | 4,461 | ||||
BUILDING AND IMPROVEMENTS | 9,034 | ||||
TOTAL | 13,495 | ||||
ACCUMULATED DEPRECIATION | 8,453 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,042 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Fiesta Target [Member] | |||||
INITIAL COST LAND | 6,766 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,334 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 378 | |||
LAND | 6,766 | ||||
BUILDING AND IMPROVEMENTS | 7,711 | ||||
TOTAL | 14,477 | ||||
ACCUMULATED DEPRECIATION | 1,199 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,278 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Marketplace at Factoria [Member] | |||||
INITIAL COST LAND | 60,502 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 92,696 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 27,454 | |||
LAND | 65,781 | ||||
BUILDING AND IMPROVEMENTS | 114,871 | ||||
TOTAL | 180,652 | ||||
ACCUMULATED DEPRECIATION | 31,949 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 148,703 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Red Mountain Gateway [Member] | |||||
INITIAL COST LAND | 4,653 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,410 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,791 | |||
LAND | 4,653 | ||||
BUILDING AND IMPROVEMENTS | 14,200 | ||||
TOTAL | 18,853 | ||||
ACCUMULATED DEPRECIATION | 1,144 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,709 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Gateway Plaza [Member] | |||||
INITIAL COST LAND | 18,372 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 65,851 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (334) | |||
LAND | 18,372 | ||||
BUILDING AND IMPROVEMENTS | 65,516 | ||||
TOTAL | 83,888 | ||||
ACCUMULATED DEPRECIATION | 6,197 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 77,691 | ||||
ENCUMBRANCES | [2] | 23,363 | |||
Shopping Center [Member] | West Farm Shopping Center [Member] | |||||
INITIAL COST LAND | 5,806 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,348 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 20,688 | |||
LAND | 7,585 | ||||
BUILDING AND IMPROVEMENTS | 42,257 | ||||
TOTAL | 49,842 | ||||
ACCUMULATED DEPRECIATION | 23,677 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,165 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Kendale Lakes Plaza [Member] | |||||
INITIAL COST LAND | 18,491 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,496 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (377) | |||
LAND | 15,362 | ||||
BUILDING AND IMPROVEMENTS | 31,248 | ||||
TOTAL | 46,610 | ||||
ACCUMULATED DEPRECIATION | 11,907 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,703 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Fellsway Plaza [Member] | |||||
INITIAL COST LAND | 5,300 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,014 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,304 | |||
LAND | 5,300 | ||||
BUILDING AND IMPROVEMENTS | 12,319 | ||||
TOTAL | 17,619 | ||||
ACCUMULATED DEPRECIATION | 3,556 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,063 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Putty Hill Plaza [Member] | |||||
INITIAL COST LAND | 4,192 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,112 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,322 | |||
LAND | 4,192 | ||||
BUILDING AND IMPROVEMENTS | 12,434 | ||||
TOTAL | 16,626 | ||||
ACCUMULATED DEPRECIATION | 4,408 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,218 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Woodlawn Marketplace [Member] | |||||
INITIAL COST LAND | 919 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,571 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,342 | |||
LAND | 919 | ||||
BUILDING AND IMPROVEMENTS | 6,913 | ||||
TOTAL | 7,832 | ||||
ACCUMULATED DEPRECIATION | 5,084 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,748 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Kissena Boulevard Shopping Ctr. [Member] | |||||
INITIAL COST LAND | 11,610 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,933 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,894 | |||
LAND | 11,610 | ||||
BUILDING AND IMPROVEMENTS | 4,827 | ||||
TOTAL | 16,437 | ||||
ACCUMULATED DEPRECIATION | 1,450 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,987 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Los Colobos - Kmart [Member] | |||||
INITIAL COST LAND | 4,595 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,120 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (827) | |||
LAND | 4,402 | ||||
BUILDING AND IMPROVEMENTS | 9,486 | ||||
TOTAL | 13,888 | ||||
ACCUMULATED DEPRECIATION | 8,528 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,360 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Fiesta Trails [Member] | |||||
INITIAL COST LAND | 15,185 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 32,897 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,843 | |||
LAND | 15,185 | ||||
BUILDING AND IMPROVEMENTS | 34,739 | ||||
TOTAL | 49,924 | ||||
ACCUMULATED DEPRECIATION | 4,206 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,718 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Whittaker [Member] | |||||
INITIAL COST LAND | 15,799 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,508 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 181 | |||
LAND | 15,799 | ||||
BUILDING AND IMPROVEMENTS | 23,690 | ||||
TOTAL | 39,489 | ||||
ACCUMULATED DEPRECIATION | 2,361 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,128 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Scottsdale Horizon [Member] | |||||
INITIAL COST LAND | 8,191 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 36,728 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,693 | |||
LAND | 8,191 | ||||
BUILDING AND IMPROVEMENTS | 38,421 | ||||
TOTAL | 46,612 | ||||
ACCUMULATED DEPRECIATION | 3,861 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,751 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Greenhouse Marketplace [Member] | |||||
INITIAL COST LAND | 10,976 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,721 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 101 | |||
LAND | 10,976 | ||||
BUILDING AND IMPROVEMENTS | 27,822 | ||||
TOTAL | 38,798 | ||||
ACCUMULATED DEPRECIATION | 3,590 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,208 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Wilton Campus [Member] | |||||
INITIAL COST LAND | 10,169 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 31,893 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,845 | |||
LAND | 10,169 | ||||
BUILDING AND IMPROVEMENTS | 34,739 | ||||
TOTAL | 44,908 | ||||
ACCUMULATED DEPRECIATION | 10,666 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,242 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Largo Plaza [Member] | |||||
INITIAL COST LAND | 23,571 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 63,604 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 137 | |||
LAND | 23,571 | ||||
BUILDING AND IMPROVEMENTS | 63,742 | ||||
TOTAL | 87,313 | ||||
ACCUMULATED DEPRECIATION | 7,956 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 79,357 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Festival of Hyannis S.C. [Member] | |||||
INITIAL COST LAND | 15,038 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 40,683 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,936 | |||
LAND | 15,038 | ||||
BUILDING AND IMPROVEMENTS | 43,618 | ||||
TOTAL | 58,656 | ||||
ACCUMULATED DEPRECIATION | 12,924 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,732 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Radcliffe Center [Member] | |||||
INITIAL COST LAND | 12,043 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,188 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 163 | |||
LAND | 12,043 | ||||
BUILDING AND IMPROVEMENTS | 21,351 | ||||
TOTAL | 33,394 | ||||
ACCUMULATED DEPRECIATION | 6,410 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,984 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Woodlawn Shopping Center [Member] | |||||
INITIAL COST LAND | 2,011 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,834 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,856 | |||
LAND | 2,011 | ||||
BUILDING AND IMPROVEMENTS | 7,690 | ||||
TOTAL | 9,701 | ||||
ACCUMULATED DEPRECIATION | 2,597 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,104 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Little Neck Plaza [Member] | |||||
INITIAL COST LAND | 3,277 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,161 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,505 | |||
LAND | 3,277 | ||||
BUILDING AND IMPROVEMENTS | 19,666 | ||||
TOTAL | 22,943 | ||||
ACCUMULATED DEPRECIATION | 10,992 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,951 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Los Colobos I [Member] | |||||
INITIAL COST LAND | 12,891 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,047 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,468 | |||
LAND | 13,613 | ||||
BUILDING AND IMPROVEMENTS | 26,793 | ||||
TOTAL | 40,406 | ||||
ACCUMULATED DEPRECIATION | 14,450 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,956 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Galveston Place [Member] | |||||
INITIAL COST LAND | 1,661 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,288 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,330 | |||
LAND | 1,661 | ||||
BUILDING AND IMPROVEMENTS | 31,619 | ||||
TOTAL | 33,280 | ||||
ACCUMULATED DEPRECIATION | 3,413 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,867 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Scottsdale Waterfront [Member] | |||||
INITIAL COST LAND | 15,872 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,112 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 173 | |||
LAND | 15,872 | ||||
BUILDING AND IMPROVEMENTS | 30,285 | ||||
TOTAL | 46,157 | ||||
ACCUMULATED DEPRECIATION | 3,726 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,431 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Greenhouse Marketplace II [Member] | |||||
INITIAL COST LAND | 5,346 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,188 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (227) | |||
LAND | 5,346 | ||||
BUILDING AND IMPROVEMENTS | 6,961 | ||||
TOTAL | 12,307 | ||||
ACCUMULATED DEPRECIATION | 835 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,472 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Wilton River Park Shopping Ctr [Member] | |||||
INITIAL COST LAND | 7,155 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,509 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,264 | |||
LAND | 7,155 | ||||
BUILDING AND IMPROVEMENTS | 28,772 | ||||
TOTAL | 35,927 | ||||
ACCUMULATED DEPRECIATION | 8,680 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,247 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Maplewood Plaza [Member] | |||||
INITIAL COST LAND | 1,649 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,626 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,104 | |||
LAND | 1,649 | ||||
BUILDING AND IMPROVEMENTS | 8,729 | ||||
TOTAL | 10,378 | ||||
ACCUMULATED DEPRECIATION | 5,689 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,689 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Glendale Square [Member] | |||||
INITIAL COST LAND | 4,699 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,141 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 741 | |||
LAND | 4,699 | ||||
BUILDING AND IMPROVEMENTS | 7,882 | ||||
TOTAL | 12,581 | ||||
ACCUMULATED DEPRECIATION | 2,237 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,344 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Riverhill Village Center [Member] | |||||
INITIAL COST LAND | 16,825 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,282 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,192 | |||
LAND | 16,825 | ||||
BUILDING AND IMPROVEMENTS | 24,473 | ||||
TOTAL | 41,298 | ||||
ACCUMULATED DEPRECIATION | 7,326 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,972 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rockingham Plaza [Member] | |||||
INITIAL COST LAND | 2,661 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,644 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 24,569 | |||
LAND | 3,149 | ||||
BUILDING AND IMPROVEMENTS | 34,725 | ||||
TOTAL | 37,874 | ||||
ACCUMULATED DEPRECIATION | 18,984 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,890 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Manetto Hill Plaza [Member] | |||||
INITIAL COST LAND | 264 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 584 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 17,499 | |||
LAND | 264 | ||||
BUILDING AND IMPROVEMENTS | 18,083 | ||||
TOTAL | 18,347 | ||||
ACCUMULATED DEPRECIATION | 8,791 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,556 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Los Colobos II [Member] | |||||
INITIAL COST LAND | 14,894 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,681 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,438 | |||
LAND | 15,142 | ||||
BUILDING AND IMPROVEMENTS | 31,871 | ||||
TOTAL | 47,013 | ||||
ACCUMULATED DEPRECIATION | 17,556 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,457 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Gateway Station [Member] | |||||
INITIAL COST LAND | 1,374 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,145 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,955 | |||
LAND | 1,375 | ||||
BUILDING AND IMPROVEMENTS | 33,099 | ||||
TOTAL | 34,474 | ||||
ACCUMULATED DEPRECIATION | 9,677 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,797 | ||||
Shopping Center [Member] | Shoppes at Bears Path [Member] | |||||
INITIAL COST LAND | 3,445 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,874 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 103 | |||
LAND | 3,445 | ||||
BUILDING AND IMPROVEMENTS | 2,977 | ||||
TOTAL | 6,422 | ||||
ACCUMULATED DEPRECIATION | 369 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,053 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Home Depot Plaza [Member] | |||||
INITIAL COST LAND | 4,592 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,345 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1 | |||
LAND | 4,592 | ||||
BUILDING AND IMPROVEMENTS | 18,345 | ||||
TOTAL | 22,937 | ||||
ACCUMULATED DEPRECIATION | 12,207 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,730 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Brandywine Commons [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 36,057 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (548) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 35,509 | ||||
TOTAL | 35,509 | ||||
ACCUMULATED DEPRECIATION | 9,785 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,724 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Marathon Shopping Center [Member] | |||||
INITIAL COST LAND | 2,413 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,069 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,525 | |||
LAND | 1,515 | ||||
BUILDING AND IMPROVEMENTS | 12,491 | ||||
TOTAL | 14,006 | ||||
ACCUMULATED DEPRECIATION | 2,685 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,321 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Linden Plaza [Member] | |||||
INITIAL COST LAND | 4,628 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,535 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 701 | |||
LAND | 4,628 | ||||
BUILDING AND IMPROVEMENTS | 4,235 | ||||
TOTAL | 8,863 | ||||
ACCUMULATED DEPRECIATION | 1,922 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,941 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shawan Plaza [Member] | |||||
INITIAL COST LAND | 4,466 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,222 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (33) | |||
LAND | 4,466 | ||||
BUILDING AND IMPROVEMENTS | 20,188 | ||||
TOTAL | 24,654 | ||||
ACCUMULATED DEPRECIATION | 14,319 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,335 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Webster Square [Member] | |||||
INITIAL COST LAND | 11,683 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 41,708 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 9,330 | |||
LAND | 11,683 | ||||
BUILDING AND IMPROVEMENTS | 51,038 | ||||
TOTAL | 62,721 | ||||
ACCUMULATED DEPRECIATION | 12,732 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 49,989 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Manhasset Center [Member] | |||||
INITIAL COST LAND | 4,567 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,166 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 33,543 | |||
LAND | 3,472 | ||||
BUILDING AND IMPROVEMENTS | 53,804 | ||||
TOTAL | 57,276 | ||||
ACCUMULATED DEPRECIATION | 34,823 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,453 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Manati Villa Maria SC [Member] | |||||
INITIAL COST LAND | 2,781 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,673 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,851 | |||
LAND | 2,607 | ||||
BUILDING AND IMPROVEMENTS | 7,698 | ||||
TOTAL | 10,305 | ||||
ACCUMULATED DEPRECIATION | 4,914 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,391 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Gateway Station Phase II [Member] | |||||
INITIAL COST LAND | 4,140 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,020 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,132 | |||
LAND | 4,143 | ||||
BUILDING AND IMPROVEMENTS | 13,148 | ||||
TOTAL | 17,291 | ||||
ACCUMULATED DEPRECIATION | 2,762 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,529 | ||||
Shopping Center [Member] | Squaw Peak Plaza [Member] | |||||
INITIAL COST LAND | 2,515 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,021 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 71 | |||
LAND | 2,515 | ||||
BUILDING AND IMPROVEMENTS | 17,092 | ||||
TOTAL | 19,607 | ||||
ACCUMULATED DEPRECIATION | 2,011 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,596 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Kenneth Hahn Plaza [Member] | |||||
INITIAL COST LAND | 4,115 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,661 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (695) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 11,082 | ||||
TOTAL | 11,082 | ||||
ACCUMULATED DEPRECIATION | 5,405 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,677 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Merchants Walk [Member] | |||||
INITIAL COST LAND | 2,581 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,366 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 11,137 | |||
LAND | 2,581 | ||||
BUILDING AND IMPROVEMENTS | 21,503 | ||||
TOTAL | 24,084 | ||||
ACCUMULATED DEPRECIATION | 13,163 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,921 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Main St. Plaza [Member] | |||||
INITIAL COST LAND | 556 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,139 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (33) | |||
LAND | 523 | ||||
BUILDING AND IMPROVEMENTS | 2,139 | ||||
TOTAL | 2,662 | ||||
ACCUMULATED DEPRECIATION | 781 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,881 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shops at District Heights [Member] | |||||
INITIAL COST LAND | 8,166 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,971 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,412) | |||
LAND | 7,298 | ||||
BUILDING AND IMPROVEMENTS | 21,427 | ||||
TOTAL | 28,725 | ||||
ACCUMULATED DEPRECIATION | 4,543 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,182 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Webster Square - DSW [Member] | |||||
INITIAL COST LAND | 1,346 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,638 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 132 | |||
LAND | 1,346 | ||||
BUILDING AND IMPROVEMENTS | 3,770 | ||||
TOTAL | 5,116 | ||||
ACCUMULATED DEPRECIATION | 881 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,235 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Market at Bay Shore [Member] | |||||
INITIAL COST LAND | 12,360 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,708 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 7,943 | |||
LAND | 12,360 | ||||
BUILDING AND IMPROVEMENTS | 38,651 | ||||
TOTAL | 51,011 | ||||
ACCUMULATED DEPRECIATION | 18,308 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,703 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Centro - Costco [Member] | |||||
INITIAL COST LAND | 3,628 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,752 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (455) | |||
LAND | 3,866 | ||||
BUILDING AND IMPROVEMENTS | 10,059 | ||||
TOTAL | 13,925 | ||||
ACCUMULATED DEPRECIATION | 5,560 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,365 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Grand Parkway Marketplace II [Member] | |||||
INITIAL COST LAND | 13,436 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 39,243 | |||
LAND | 12,298 | ||||
BUILDING AND IMPROVEMENTS | 40,381 | ||||
TOTAL | 52,679 | ||||
ACCUMULATED DEPRECIATION | 6,896 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,783 | ||||
Shopping Center [Member] | Village Crossroads [Member] | |||||
INITIAL COST LAND | 5,663 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,981 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,794 | |||
LAND | 5,663 | ||||
BUILDING AND IMPROVEMENTS | 26,774 | ||||
TOTAL | 32,437 | ||||
ACCUMULATED DEPRECIATION | 9,129 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,308 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | La Mirada Theatre Center [Member] | |||||
INITIAL COST LAND | 8,817 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 35,260 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 46 | |||
LAND | 6,889 | ||||
BUILDING AND IMPROVEMENTS | 37,234 | ||||
TOTAL | 44,123 | ||||
ACCUMULATED DEPRECIATION | 24,286 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,837 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | MIllenia Plaza Phase II [Member] | |||||
INITIAL COST LAND | 7,711 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,703 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,031 | |||
LAND | 7,698 | ||||
BUILDING AND IMPROVEMENTS | 26,748 | ||||
TOTAL | 34,446 | ||||
ACCUMULATED DEPRECIATION | 11,942 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,504 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Memorial Plaza [Member] | |||||
INITIAL COST LAND | 16,411 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,554 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,333 | |||
LAND | 16,411 | ||||
BUILDING AND IMPROVEMENTS | 28,887 | ||||
TOTAL | 45,298 | ||||
ACCUMULATED DEPRECIATION | 6,888 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 38,410 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Snowden Square S.C. [Member] | |||||
INITIAL COST LAND | 1,929 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,558 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,155 | |||
LAND | 3,326 | ||||
BUILDING AND IMPROVEMENTS | 8,316 | ||||
TOTAL | 11,642 | ||||
ACCUMULATED DEPRECIATION | 2,673 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,969 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Webster Square North [Member] | |||||
INITIAL COST LAND | 2,163 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,511 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 171 | |||
LAND | 2,163 | ||||
BUILDING AND IMPROVEMENTS | 6,683 | ||||
TOTAL | 8,846 | ||||
ACCUMULATED DEPRECIATION | 1,753 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,093 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Maspeth Queens-Duane Reade [Member] | |||||
INITIAL COST LAND | 1,872 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,828 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,037 | |||
LAND | 1,872 | ||||
BUILDING AND IMPROVEMENTS | 5,865 | ||||
TOTAL | 7,737 | ||||
ACCUMULATED DEPRECIATION | 2,680 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,057 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Centro - Mall [Member] | |||||
INITIAL COST LAND | 19,873 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 58,719 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,967 | |||
LAND | 19,408 | ||||
BUILDING AND IMPROVEMENTS | 65,151 | ||||
TOTAL | 84,559 | ||||
ACCUMULATED DEPRECIATION | 29,956 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 54,603 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Grand Parkway Marketplace [Member] | |||||
INITIAL COST LAND | 25,364 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 64,791 | |||
LAND | 21,937 | ||||
BUILDING AND IMPROVEMENTS | 68,218 | ||||
TOTAL | 90,155 | ||||
ACCUMULATED DEPRECIATION | 10,900 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 79,255 | ||||
Shopping Center [Member] | La Verne Town Center [Member] | |||||
INITIAL COST LAND | 8,414 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,856 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 13,176 | |||
LAND | 16,362 | ||||
BUILDING AND IMPROVEMENTS | 29,084 | ||||
TOTAL | 45,446 | ||||
ACCUMULATED DEPRECIATION | 8,823 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,623 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Miller Road S.C. [Member] | |||||
INITIAL COST LAND | 1,138 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,552 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,736 | |||
LAND | 1,138 | ||||
BUILDING AND IMPROVEMENTS | 9,288 | ||||
TOTAL | 10,426 | ||||
ACCUMULATED DEPRECIATION | 6,569 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,857 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mill St. Plaza [Member] | |||||
INITIAL COST LAND | 4,195 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,203 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,445 | |||
LAND | 4,195 | ||||
BUILDING AND IMPROVEMENTS | 7,647 | ||||
TOTAL | 11,842 | ||||
ACCUMULATED DEPRECIATION | 1,929 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,913 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Timonium Crossing [Member] | |||||
INITIAL COST LAND | 2,525 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 14,863 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,304 | |||
LAND | 2,525 | ||||
BUILDING AND IMPROVEMENTS | 16,167 | ||||
TOTAL | 18,692 | ||||
ACCUMULATED DEPRECIATION | 3,817 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,875 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Central Plaza [Member] | |||||
INITIAL COST LAND | 3,170 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,603 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,116 | |||
LAND | 5,145 | ||||
BUILDING AND IMPROVEMENTS | 10,744 | ||||
TOTAL | 15,889 | ||||
ACCUMULATED DEPRECIATION | 4,578 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,311 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Milleridge Inn [Member] | |||||
INITIAL COST LAND | 7,500 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 481 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14 | |||
LAND | 7,500 | ||||
BUILDING AND IMPROVEMENTS | 496 | ||||
TOTAL | 7,996 | ||||
ACCUMULATED DEPRECIATION | 75 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,921 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Centro - Retail [Member] | |||||
INITIAL COST LAND | 5,936 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,510 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 931 | |||
LAND | 6,026 | ||||
BUILDING AND IMPROVEMENTS | 17,352 | ||||
TOTAL | 23,378 | ||||
ACCUMULATED DEPRECIATION | 8,263 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,115 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | HEB -Dairy Ashford & Memorial [Member] | |||||
INITIAL COST LAND | 1,076 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,324 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1 | |||
LAND | 1,076 | ||||
BUILDING AND IMPROVEMENTS | 5,325 | ||||
TOTAL | 6,401 | ||||
ACCUMULATED DEPRECIATION | 429 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,972 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Laband Village Shopping Center [Member] | |||||
INITIAL COST LAND | 5,600 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,289 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (920) | |||
LAND | 5,607 | ||||
BUILDING AND IMPROVEMENTS | 12,362 | ||||
TOTAL | 17,969 | ||||
ACCUMULATED DEPRECIATION | 7,202 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,767 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Miller West Plaza [Member] | |||||
INITIAL COST LAND | 6,726 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,661 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 396 | |||
LAND | 6,726 | ||||
BUILDING AND IMPROVEMENTS | 11,057 | ||||
TOTAL | 17,783 | ||||
ACCUMULATED DEPRECIATION | 2,995 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,788 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Morrissey Plaza [Member] | |||||
INITIAL COST LAND | 4,097 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,751 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,761 | |||
LAND | 4,097 | ||||
BUILDING AND IMPROVEMENTS | 6,512 | ||||
TOTAL | 10,609 | ||||
ACCUMULATED DEPRECIATION | 943 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,666 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Timonium Square [Member] | |||||
INITIAL COST LAND | 6,000 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,283 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 13,360 | |||
LAND | 7,311 | ||||
BUILDING AND IMPROVEMENTS | 36,332 | ||||
TOTAL | 43,643 | ||||
ACCUMULATED DEPRECIATION | 19,845 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,798 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Clark Shoprite 70 Central Ave [Member] | |||||
INITIAL COST LAND | 3,497 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,694 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 995 | |||
LAND | 13,960 | ||||
BUILDING AND IMPROVEMENTS | 2,226 | ||||
TOTAL | 16,186 | ||||
ACCUMULATED DEPRECIATION | 1,656 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,530 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mineola Crossings [Member] | |||||
INITIAL COST LAND | 4,150 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,521 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,006 | |||
LAND | 4,150 | ||||
BUILDING AND IMPROVEMENTS | 8,527 | ||||
TOTAL | 12,677 | ||||
ACCUMULATED DEPRECIATION | 3,213 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,464 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Centro - Sam's Club [Member] | |||||
INITIAL COST LAND | 6,643 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,225 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,170) | |||
LAND | 6,520 | ||||
BUILDING AND IMPROVEMENTS | 19,178 | ||||
TOTAL | 25,698 | ||||
ACCUMULATED DEPRECIATION | 18,078 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,620 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Heights Plaza [Member] | |||||
INITIAL COST LAND | 5,423 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,140 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 23 | |||
LAND | 5,423 | ||||
BUILDING AND IMPROVEMENTS | 10,163 | ||||
TOTAL | 15,586 | ||||
ACCUMULATED DEPRECIATION | 1,182 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,404 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lakewood Plaza [Member] | |||||
INITIAL COST LAND | 1,294 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,669 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,265) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 3,699 | ||||
TOTAL | 3,699 | ||||
ACCUMULATED DEPRECIATION | 947 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,752 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mission Bell Shopping Center [Member] | |||||
INITIAL COST LAND | 5,056 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,843 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8,816 | |||
LAND | 5,067 | ||||
BUILDING AND IMPROVEMENTS | 20,648 | ||||
TOTAL | 25,715 | ||||
ACCUMULATED DEPRECIATION | 9,244 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,471 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Ave. Plaza [Member] | |||||
INITIAL COST LAND | 1,164 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,195 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 302 | |||
LAND | 1,164 | ||||
BUILDING AND IMPROVEMENTS | 1,497 | ||||
TOTAL | 2,661 | ||||
ACCUMULATED DEPRECIATION | 489 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,172 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Towson Place [Member] | |||||
INITIAL COST LAND | 43,887 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 101,765 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 7,879 | |||
LAND | 43,271 | ||||
BUILDING AND IMPROVEMENTS | 110,260 | ||||
TOTAL | 153,531 | ||||
ACCUMULATED DEPRECIATION | 33,638 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 119,893 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Commerce Center East [Member] | |||||
INITIAL COST LAND | 1,519 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,080 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,753 | |||
LAND | 7,235 | ||||
BUILDING AND IMPROVEMENTS | 1,117 | ||||
TOTAL | 8,352 | ||||
ACCUMULATED DEPRECIATION | 868 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,484 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Massapequa S.C. [Member] | |||||
INITIAL COST LAND | 1,881 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,389 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,685) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 4,586 | ||||
TOTAL | 4,586 | ||||
ACCUMULATED DEPRECIATION | 4,350 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 236 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ponce Town Center [Member] | |||||
INITIAL COST LAND | 14,433 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,449 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,364 | |||
LAND | 14,903 | ||||
BUILDING AND IMPROVEMENTS | 33,343 | ||||
TOTAL | 48,246 | ||||
ACCUMULATED DEPRECIATION | 21,623 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,623 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Independence Plaza -Laredo [Member] | |||||
INITIAL COST LAND | 4,836 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 53,564 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 140 | |||
LAND | 4,836 | ||||
BUILDING AND IMPROVEMENTS | 53,703 | ||||
TOTAL | 58,539 | ||||
ACCUMULATED DEPRECIATION | 5,232 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 53,307 | ||||
ENCUMBRANCES | [2] | 8,063 | |||
Shopping Center [Member] | Lakewood Village [Member] | |||||
INITIAL COST LAND | 8,597 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,375 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (182) | |||
LAND | 11,683 | ||||
BUILDING AND IMPROVEMENTS | 21,107 | ||||
TOTAL | 32,790 | ||||
ACCUMULATED DEPRECIATION | 6,942 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,848 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | NASA Plaza [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,754 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,313 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 7,067 | ||||
TOTAL | 7,067 | ||||
ACCUMULATED DEPRECIATION | 4,944 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,123 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Quincy Plaza [Member] | |||||
INITIAL COST LAND | 6,333 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,954 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (102) | |||
LAND | 3,894 | ||||
BUILDING AND IMPROVEMENTS | 20,291 | ||||
TOTAL | 24,185 | ||||
ACCUMULATED DEPRECIATION | 4,889 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,296 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Villages at Urbana [Member] | |||||
INITIAL COST LAND | 3,190 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 20,609 | |||
LAND | 4,829 | ||||
BUILDING AND IMPROVEMENTS | 18,976 | ||||
TOTAL | 23,805 | ||||
ACCUMULATED DEPRECIATION | 4,686 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,119 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Commerce Center West [Member] | |||||
INITIAL COST LAND | 386 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,290 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 161 | |||
LAND | 794 | ||||
BUILDING AND IMPROVEMENTS | 1,043 | ||||
TOTAL | 1,837 | ||||
ACCUMULATED DEPRECIATION | 345 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,492 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ocean Plaza [Member] | |||||
INITIAL COST LAND | 564 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,269 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8 | |||
LAND | 564 | ||||
BUILDING AND IMPROVEMENTS | 2,277 | ||||
TOTAL | 2,841 | ||||
ACCUMULATED DEPRECIATION | 1,212 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,629 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rexville Town Center [Member] | |||||
INITIAL COST LAND | 24,873 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 48,688 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8,414 | |||
LAND | 25,678 | ||||
BUILDING AND IMPROVEMENTS | 56,297 | ||||
TOTAL | 81,975 | ||||
ACCUMULATED DEPRECIATION | 36,182 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,793 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Independence Plaza II -Laredo [Member] | |||||
INITIAL COST LAND | 2,482 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,418 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 12 | |||
LAND | 2,482 | ||||
BUILDING AND IMPROVEMENTS | 21,431 | ||||
TOTAL | 23,913 | ||||
ACCUMULATED DEPRECIATION | 2,800 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,113 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Larwin Square Shopping Center [Member] | |||||
INITIAL COST LAND | 17,234 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 39,731 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,731 | |||
LAND | 17,234 | ||||
BUILDING AND IMPROVEMENTS | 46,462 | ||||
TOTAL | 63,696 | ||||
ACCUMULATED DEPRECIATION | 3,927 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 59,769 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Oak Tree Plaza [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 917 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,526 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 3,443 | ||||
TOTAL | 3,443 | ||||
ACCUMULATED DEPRECIATION | 2,998 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 445 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Paradise Plaza [Member] | |||||
INITIAL COST LAND | 4,183 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,195 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,281 | |||
LAND | 4,183 | ||||
BUILDING AND IMPROVEMENTS | 13,476 | ||||
TOTAL | 17,659 | ||||
ACCUMULATED DEPRECIATION | 4,086 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,573 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Wilde Lake [Member] | |||||
INITIAL COST LAND | 1,468 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,870 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 26,747 | |||
LAND | 2,577 | ||||
BUILDING AND IMPROVEMENTS | 31,508 | ||||
TOTAL | 34,085 | ||||
ACCUMULATED DEPRECIATION | 13,695 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,390 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Commons at Holmdel [Member] | |||||
INITIAL COST LAND | 16,538 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 38,760 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 10,585 | |||
LAND | 16,538 | ||||
BUILDING AND IMPROVEMENTS | 49,345 | ||||
TOTAL | 65,883 | ||||
ACCUMULATED DEPRECIATION | 22,387 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,496 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ralph Avenue Plaza [Member] | |||||
INITIAL COST LAND | 4,414 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,340 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,055 | |||
LAND | 4,414 | ||||
BUILDING AND IMPROVEMENTS | 15,395 | ||||
TOTAL | 19,809 | ||||
ACCUMULATED DEPRECIATION | 7,193 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,616 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Trujillo Alto Plaza [Member] | |||||
INITIAL COST LAND | 12,054 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,446 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8,717 | |||
LAND | 12,289 | ||||
BUILDING AND IMPROVEMENTS | 32,927 | ||||
TOTAL | 45,216 | ||||
ACCUMULATED DEPRECIATION | 17,144 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,072 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Kroger Plaza [Member] | |||||
INITIAL COST LAND | 520 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,081 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,103 | |||
LAND | 520 | ||||
BUILDING AND IMPROVEMENTS | 5,183 | ||||
TOTAL | 5,703 | ||||
ACCUMULATED DEPRECIATION | 2,595 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,108 | ||||
Shopping Center [Member] | Lincoln Hills Town Center [Member] | |||||
INITIAL COST LAND | 8,229 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,127 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 433 | |||
LAND | 8,229 | ||||
BUILDING AND IMPROVEMENTS | 26,560 | ||||
TOTAL | 34,789 | ||||
ACCUMULATED DEPRECIATION | 8,144 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,645 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Oakwood Business Ctr BDLG 1 [Member] | |||||
INITIAL COST LAND | 6,793 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,663 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,325 | |||
LAND | 6,793 | ||||
BUILDING AND IMPROVEMENTS | 22,988 | ||||
TOTAL | 29,781 | ||||
ACCUMULATED DEPRECIATION | 9,701 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,080 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Vinnin Square In-line [Member] | |||||
INITIAL COST LAND | 582 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,095 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 28 | |||
LAND | 582 | ||||
BUILDING AND IMPROVEMENTS | 2,123 | ||||
TOTAL | 2,705 | ||||
ACCUMULATED DEPRECIATION | 488 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,217 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Wilkens Beltway Plaza [Member] | |||||
INITIAL COST LAND | 9,948 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 22,126 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,652 | |||
LAND | 9,948 | ||||
BUILDING AND IMPROVEMENTS | 24,778 | ||||
TOTAL | 34,726 | ||||
ACCUMULATED DEPRECIATION | 6,036 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,690 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | East Windsor Village [Member] | |||||
INITIAL COST LAND | 9,335 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,778 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,245 | |||
LAND | 9,335 | ||||
BUILDING AND IMPROVEMENTS | 25,023 | ||||
TOTAL | 34,358 | ||||
ACCUMULATED DEPRECIATION | 10,411 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,947 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Richmond S.C. [Member] | |||||
INITIAL COST LAND | 2,280 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,028 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 22,052 | |||
LAND | 2,280 | ||||
BUILDING AND IMPROVEMENTS | 31,080 | ||||
TOTAL | 33,360 | ||||
ACCUMULATED DEPRECIATION | 18,486 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,874 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Western Plaza - Mayaquez One [Member] | |||||
INITIAL COST LAND | 10,858 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,253 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 839 | |||
LAND | 11,242 | ||||
BUILDING AND IMPROVEMENTS | 12,707 | ||||
TOTAL | 23,949 | ||||
ACCUMULATED DEPRECIATION | 11,119 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,830 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lake Prairie Town Crossing [Member] | |||||
INITIAL COST LAND | 7,897 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 30,681 | |||
LAND | 6,783 | ||||
BUILDING AND IMPROVEMENTS | 31,795 | ||||
TOTAL | 38,578 | ||||
ACCUMULATED DEPRECIATION | 10,252 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,326 | ||||
Shopping Center [Member] | Linda Mar Shipping Center [Member] | |||||
INITIAL COST LAND | 16,549 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,521 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,284 | |||
LAND | 16,549 | ||||
BUILDING AND IMPROVEMENTS | 42,805 | ||||
TOTAL | 59,354 | ||||
ACCUMULATED DEPRECIATION | 13,027 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,327 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Oakwood Plaza North [Member] | |||||
INITIAL COST LAND | 35,301 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 141,731 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,930 | |||
LAND | 35,301 | ||||
BUILDING AND IMPROVEMENTS | 144,661 | ||||
TOTAL | 179,962 | ||||
ACCUMULATED DEPRECIATION | 30,423 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 149,539 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Vinnin Square Plaza [Member] | |||||
INITIAL COST LAND | 5,545 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 16,324 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 569 | |||
LAND | 5,545 | ||||
BUILDING AND IMPROVEMENTS | 16,893 | ||||
TOTAL | 22,438 | ||||
ACCUMULATED DEPRECIATION | 5,632 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,806 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | York Road Plaza [Member] | |||||
INITIAL COST LAND | 4,277 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 37,206 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 485 | |||
LAND | 4,277 | ||||
BUILDING AND IMPROVEMENTS | 37,690 | ||||
TOTAL | 41,967 | ||||
ACCUMULATED DEPRECIATION | 8,998 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,969 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Garden State Pavilions [Member] | |||||
INITIAL COST LAND | 7,531 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,802 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 29,752 | |||
LAND | 12,204 | ||||
BUILDING AND IMPROVEMENTS | 35,882 | ||||
TOTAL | 48,086 | ||||
ACCUMULATED DEPRECIATION | 12,202 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,884 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Romaine Plaza [Member] | |||||
INITIAL COST LAND | 782 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,826 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 588 | |||
LAND | 782 | ||||
BUILDING AND IMPROVEMENTS | 2,414 | ||||
TOTAL | 3,196 | ||||
ACCUMULATED DEPRECIATION | 1,131 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,065 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Western Plaza - Mayaguez Two [Member] | |||||
INITIAL COST LAND | 16,874 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,911 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,172 | |||
LAND | 16,873 | ||||
BUILDING AND IMPROVEMENTS | 23,084 | ||||
TOTAL | 39,957 | ||||
ACCUMULATED DEPRECIATION | 18,921 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,036 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Las Tiendas Plaza [Member] | |||||
INITIAL COST LAND | 8,678 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 28,165 | |||
LAND | 7,944 | ||||
BUILDING AND IMPROVEMENTS | 28,899 | ||||
TOTAL | 36,843 | ||||
ACCUMULATED DEPRECIATION | 9,825 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,018 | ||||
Shopping Center [Member] | Madison Plaza [Member] | |||||
INITIAL COST LAND | 5,874 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,476 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,980 | |||
LAND | 5,874 | ||||
BUILDING AND IMPROVEMENTS | 28,456 | ||||
TOTAL | 34,330 | ||||
ACCUMULATED DEPRECIATION | 16,743 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,587 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Oakwood Plaza South [Member] | |||||
INITIAL COST LAND | 11,127 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 40,592 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 73 | |||
LAND | 11,127 | ||||
BUILDING AND IMPROVEMENTS | 40,665 | ||||
TOTAL | 51,792 | ||||
ACCUMULATED DEPRECIATION | 9,371 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,421 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Washington St. Plaza [Member] | |||||
INITIAL COST LAND | 11,008 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,652 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 10,543 | |||
LAND | 12,958 | ||||
BUILDING AND IMPROVEMENTS | 14,245 | ||||
TOTAL | 27,203 | ||||
ACCUMULATED DEPRECIATION | 4,913 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,290 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Hillview Shopping Center [Member] | |||||
INITIAL COST LAND | 16,008 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 32,607 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,274 | |||
LAND | 16,008 | ||||
BUILDING AND IMPROVEMENTS | 34,880 | ||||
TOTAL | 50,888 | ||||
ACCUMULATED DEPRECIATION | 8,629 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,259 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Sequams Shopping Center [Member] | |||||
INITIAL COST LAND | 3,971 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,654 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (67) | |||
LAND | 3,971 | ||||
BUILDING AND IMPROVEMENTS | 8,587 | ||||
TOTAL | 12,558 | ||||
ACCUMULATED DEPRECIATION | 391 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,167 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Forest Park [Member] | |||||
INITIAL COST LAND | 1,920 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,545 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 433 | |||
LAND | 1,920 | ||||
BUILDING AND IMPROVEMENTS | 9,978 | ||||
TOTAL | 11,898 | ||||
ACCUMULATED DEPRECIATION | 3,173 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,725 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Montgomery Plaza [Member] | |||||
INITIAL COST LAND | 10,739 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 63,065 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,650 | |||
LAND | 10,739 | ||||
BUILDING AND IMPROVEMENTS | 64,715 | ||||
TOTAL | 75,454 | ||||
ACCUMULATED DEPRECIATION | 17,749 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 57,705 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Marina Village [Member] | |||||
INITIAL COST LAND | 14,108 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 27,414 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 8,051 | |||
LAND | 14,108 | ||||
BUILDING AND IMPROVEMENTS | 35,465 | ||||
TOTAL | 49,573 | ||||
ACCUMULATED DEPRECIATION | 2,817 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,756 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Palms at Town & Country [Member] | |||||
INITIAL COST LAND | 30,137 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 94,674 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,345 | |||
LAND | 30,137 | ||||
BUILDING AND IMPROVEMENTS | 97,019 | ||||
TOTAL | 127,156 | ||||
ACCUMULATED DEPRECIATION | 10,313 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 116,843 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Washington St. S.C. [Member] | |||||
INITIAL COST LAND | 7,381 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,987 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,388 | |||
LAND | 7,381 | ||||
BUILDING AND IMPROVEMENTS | 13,374 | ||||
TOTAL | 20,755 | ||||
ACCUMULATED DEPRECIATION | 3,412 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,343 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Holmdel Towne Center [Member] | |||||
INITIAL COST LAND | 10,825 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 43,301 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 12,010 | |||
LAND | 10,825 | ||||
BUILDING AND IMPROVEMENTS | 55,310 | ||||
TOTAL | 66,135 | ||||
ACCUMULATED DEPRECIATION | 31,376 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,759 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shoprite S.C. [Member] | |||||
INITIAL COST LAND | 872 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,488 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 872 | ||||
BUILDING AND IMPROVEMENTS | 3,488 | ||||
TOTAL | 4,360 | ||||
ACCUMULATED DEPRECIATION | 2,780 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,580 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | St. Andrews Center [Member] | |||||
INITIAL COST LAND | 730 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,132 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 22,086 | |||
LAND | 730 | ||||
BUILDING AND IMPROVEMENTS | 25,218 | ||||
TOTAL | 25,948 | ||||
ACCUMULATED DEPRECIATION | 14,314 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,634 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Meuller Outparcel [Member] | |||||
INITIAL COST LAND | 150 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,351 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (3) | |||
LAND | 150 | ||||
BUILDING AND IMPROVEMENTS | 3,348 | ||||
TOTAL | 3,498 | ||||
ACCUMULATED DEPRECIATION | 335 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,163 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North County Plaza [Member] | |||||
INITIAL COST LAND | 10,205 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,934 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 785 | |||
LAND | 20,895 | ||||
BUILDING AND IMPROVEMENTS | 19,028 | ||||
TOTAL | 39,923 | ||||
ACCUMULATED DEPRECIATION | 5,816 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,107 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Palms at Town & Country Lifestyle [Member] | |||||
INITIAL COST LAND | 26,597 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 92,088 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 611 | |||
LAND | 26,597 | ||||
BUILDING AND IMPROVEMENTS | 92,699 | ||||
TOTAL | 119,296 | ||||
ACCUMULATED DEPRECIATION | 9,901 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 109,395 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Waverly Plaza [Member] | |||||
INITIAL COST LAND | 1,215 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,623 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,174 | |||
LAND | 1,203 | ||||
BUILDING AND IMPROVEMENTS | 4,810 | ||||
TOTAL | 6,013 | ||||
ACCUMULATED DEPRECIATION | 1,225 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,788 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Maple Shade [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,958 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,329 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 12,287 | ||||
TOTAL | 12,287 | ||||
ACCUMULATED DEPRECIATION | 4,449 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,838 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stop & Shop [Member] | |||||
INITIAL COST LAND | 21,661 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,636 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 21,661 | ||||
BUILDING AND IMPROVEMENTS | 17,636 | ||||
TOTAL | 39,297 | ||||
ACCUMULATED DEPRECIATION | 658 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 38,639 | ||||
ENCUMBRANCES | [2] | 10,892 | |||
Shopping Center [Member] | Westwood Plaza [Member] | |||||
INITIAL COST LAND | 1,744 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,986 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 15,227 | |||
LAND | 1,727 | ||||
BUILDING AND IMPROVEMENTS | 22,230 | ||||
TOTAL | 23,957 | ||||
ACCUMULATED DEPRECIATION | 7,932 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,025 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Meuller Regional Retail Center [Member] | |||||
INITIAL COST LAND | 7,352 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 85,805 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,521 | |||
LAND | 7,352 | ||||
BUILDING AND IMPROVEMENTS | 89,326 | ||||
TOTAL | 96,678 | ||||
ACCUMULATED DEPRECIATION | 9,336 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 87,342 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Novato Fair S.C. [Member] | |||||
INITIAL COST LAND | 9,260 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,600 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,244 | |||
LAND | 9,260 | ||||
BUILDING AND IMPROVEMENTS | 17,844 | ||||
TOTAL | 27,104 | ||||
ACCUMULATED DEPRECIATION | 8,465 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,639 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Parkhill Plaza [Member] | |||||
INITIAL COST LAND | 10,764 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,264 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,826 | |||
LAND | 10,764 | ||||
BUILDING AND IMPROVEMENTS | 21,089 | ||||
TOTAL | 31,853 | ||||
ACCUMULATED DEPRECIATION | 6,694 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,159 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Brunswick Plaza [Member] | |||||
INITIAL COST LAND | 3,205 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,820 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 30,886 | |||
LAND | 3,205 | ||||
BUILDING AND IMPROVEMENTS | 43,706 | ||||
TOTAL | 46,911 | ||||
ACCUMULATED DEPRECIATION | 26,558 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,353 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Smithtown Plaza [Member] | |||||
INITIAL COST LAND | 3,528 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 7,364 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 670 | |||
LAND | 3,437 | ||||
BUILDING AND IMPROVEMENTS | 8,124 | ||||
TOTAL | 11,561 | ||||
ACCUMULATED DEPRECIATION | 4,019 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,542 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Woodruff Shopping Center [Member] | |||||
INITIAL COST LAND | 3,110 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,501 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,772 | |||
LAND | 3,465 | ||||
BUILDING AND IMPROVEMENTS | 16,918 | ||||
TOTAL | 20,383 | ||||
ACCUMULATED DEPRECIATION | 6,260 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,123 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Creek Plaza [Member] | |||||
INITIAL COST LAND | 5,044 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 34,756 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 86 | |||
LAND | 5,044 | ||||
BUILDING AND IMPROVEMENTS | 34,841 | ||||
TOTAL | 39,885 | ||||
ACCUMULATED DEPRECIATION | 4,066 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,819 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | On the Corner at Stevens Creek [Member] | |||||
INITIAL COST LAND | 1,825 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,641 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2 | |||
LAND | 1,825 | ||||
BUILDING AND IMPROVEMENTS | 4,642 | ||||
TOTAL | 6,467 | ||||
ACCUMULATED DEPRECIATION | 464 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,003 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Phillips Crossing [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 53,536 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 460 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 53,996 | ||||
TOTAL | 53,996 | ||||
ACCUMULATED DEPRECIATION | 6,248 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,748 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Piscataway Town Center [Member] | |||||
INITIAL COST LAND | 3,852 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,411 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,733 | |||
LAND | 3,852 | ||||
BUILDING AND IMPROVEMENTS | 17,144 | ||||
TOTAL | 20,996 | ||||
ACCUMULATED DEPRECIATION | 11,255 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,741 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Southgate Shopping Center [Member] | |||||
INITIAL COST LAND | 18,822 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 62,670 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,299) | |||
LAND | 18,829 | ||||
BUILDING AND IMPROVEMENTS | 61,364 | ||||
TOTAL | 80,193 | ||||
ACCUMULATED DEPRECIATION | 2,971 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 77,222 | ||||
ENCUMBRANCES | [2] | 19,135 | |||
Shopping Center [Member] | Highland Square [Member] | |||||
INITIAL COST LAND | 1,302 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,130 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6 | |||
LAND | 1,302 | ||||
BUILDING AND IMPROVEMENTS | 2,136 | ||||
TOTAL | 3,438 | ||||
ACCUMULATED DEPRECIATION | 105 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,333 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Oak Forest [Member] | |||||
INITIAL COST LAND | 13,395 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 25,275 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 290 | |||
LAND | 13,395 | ||||
BUILDING AND IMPROVEMENTS | 25,565 | ||||
TOTAL | 38,960 | ||||
ACCUMULATED DEPRECIATION | 2,723 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,237 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza Di Northridge [Member] | |||||
INITIAL COST LAND | 12,900 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 40,575 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,798 | |||
LAND | 12,900 | ||||
BUILDING AND IMPROVEMENTS | 42,373 | ||||
TOTAL | 55,273 | ||||
ACCUMULATED DEPRECIATION | 19,185 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,088 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plantation Crossing [Member] | |||||
INITIAL COST LAND | 2,782 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,077 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,345 | |||
LAND | 2,782 | ||||
BUILDING AND IMPROVEMENTS | 11,423 | ||||
TOTAL | 14,205 | ||||
ACCUMULATED DEPRECIATION | 2,523 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,682 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza at Hillsdale [Member] | |||||
INITIAL COST LAND | 7,602 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,994 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,658 | |||
LAND | 7,602 | ||||
BUILDING AND IMPROVEMENTS | 8,652 | ||||
TOTAL | 16,254 | ||||
ACCUMULATED DEPRECIATION | 2,958 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,296 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Syosset Corners [Member] | |||||
INITIAL COST LAND | 6,169 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,302 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 25 | |||
LAND | 6,169 | ||||
BUILDING AND IMPROVEMENTS | 13,328 | ||||
TOTAL | 19,497 | ||||
ACCUMULATED DEPRECIATION | 675 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,822 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Mendenhall Commons [Member] | |||||
INITIAL COST LAND | 1,272 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 14,826 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (32) | |||
LAND | 1,272 | ||||
BUILDING AND IMPROVEMENTS | 14,793 | ||||
TOTAL | 16,065 | ||||
ACCUMULATED DEPRECIATION | 1,711 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,354 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plantation Centre [Member] | |||||
INITIAL COST LAND | 2,325 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 34,494 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 913 | |||
LAND | 2,325 | ||||
BUILDING AND IMPROVEMENTS | 35,408 | ||||
TOTAL | 37,733 | ||||
ACCUMULATED DEPRECIATION | 4,033 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,700 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Poway City Centre [Member] | |||||
INITIAL COST LAND | 5,855 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,792 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 9,252 | |||
LAND | 7,248 | ||||
BUILDING AND IMPROVEMENTS | 21,652 | ||||
TOTAL | 28,900 | ||||
ACCUMULATED DEPRECIATION | 11,734 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,166 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Pompano Pointe S.C. [Member] | |||||
INITIAL COST LAND | 10,517 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 14,356 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 641 | |||
LAND | 10,517 | ||||
BUILDING AND IMPROVEMENTS | 14,997 | ||||
TOTAL | 25,514 | ||||
ACCUMULATED DEPRECIATION | 3,279 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,235 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Plaza at Short Hills [Member] | |||||
INITIAL COST LAND | 20,155 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,062 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,806 | |||
LAND | 20,155 | ||||
BUILDING AND IMPROVEMENTS | 12,868 | ||||
TOTAL | 33,023 | ||||
ACCUMULATED DEPRECIATION | 3,789 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,234 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Syosset S.C. [Member] | |||||
INITIAL COST LAND | 107 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 76 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,046 | |||
LAND | 107 | ||||
BUILDING AND IMPROVEMENTS | 3,122 | ||||
TOTAL | 3,229 | ||||
ACCUMULATED DEPRECIATION | 1,544 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,685 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Old Towne Village [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,134 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,674 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 8,808 | ||||
TOTAL | 8,808 | ||||
ACCUMULATED DEPRECIATION | 6,905 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,903 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Preston Lebanon Crossing [Member] | |||||
INITIAL COST LAND | 13,552 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 28,428 | |||
LAND | 12,164 | ||||
BUILDING AND IMPROVEMENTS | 29,816 | ||||
TOTAL | 41,980 | ||||
ACCUMULATED DEPRECIATION | 12,058 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,922 | ||||
Shopping Center [Member] | Rancho Penasquitos Towne Ctr I [Member] | |||||
INITIAL COST LAND | 14,852 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,342 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 808 | |||
LAND | 14,852 | ||||
BUILDING AND IMPROVEMENTS | 21,150 | ||||
TOTAL | 36,002 | ||||
ACCUMULATED DEPRECIATION | 5,622 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,380 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Renaissance Center [Member] | |||||
INITIAL COST LAND | 9,104 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 36,541 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14,853 | |||
LAND | 9,123 | ||||
BUILDING AND IMPROVEMENTS | 51,374 | ||||
TOTAL | 60,497 | ||||
ACCUMULATED DEPRECIATION | 27,234 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,263 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Ridgewood S.C. [Member] | |||||
INITIAL COST LAND | 450 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,107 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,303 | |||
LAND | 450 | ||||
BUILDING AND IMPROVEMENTS | 3,410 | ||||
TOTAL | 3,860 | ||||
ACCUMULATED DEPRECIATION | 2,356 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,504 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Boulevard [Member] | |||||
INITIAL COST LAND | 28,724 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 38,232 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 258,349 | |||
LAND | 28,724 | ||||
BUILDING AND IMPROVEMENTS | 296,583 | ||||
TOTAL | 325,307 | ||||
ACCUMULATED DEPRECIATION | 32,304 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 293,003 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Commons at Dexter Lake [Member] | |||||
INITIAL COST LAND | 1,554 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 14,649 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,000 | |||
LAND | 1,554 | ||||
BUILDING AND IMPROVEMENTS | 15,648 | ||||
TOTAL | 17,202 | ||||
ACCUMULATED DEPRECIATION | 2,336 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,866 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Randalls Center/ Kings Crossing [Member] | |||||
INITIAL COST LAND | 3,717 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,363 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,631 | |||
LAND | 3,717 | ||||
BUILDING AND IMPROVEMENTS | 27,993 | ||||
TOTAL | 31,710 | ||||
ACCUMULATED DEPRECIATION | 2,613 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,097 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rancho Penasquitos Towne Ctr II [Member] | |||||
INITIAL COST LAND | 12,945 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,324 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 860 | |||
LAND | 12,945 | ||||
BUILDING AND IMPROVEMENTS | 21,183 | ||||
TOTAL | 34,128 | ||||
ACCUMULATED DEPRECIATION | 5,536 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,592 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Riverplace Shopping Ctr. [Member] | |||||
INITIAL COST LAND | 7,503 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 31,011 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,290 | |||
LAND | 7,200 | ||||
BUILDING AND IMPROVEMENTS | 34,604 | ||||
TOTAL | 41,804 | ||||
ACCUMULATED DEPRECIATION | 13,796 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,008 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shop Rite Plaza [Member] | |||||
INITIAL COST LAND | 2,418 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,364 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,285 | |||
LAND | 2,418 | ||||
BUILDING AND IMPROVEMENTS | 9,649 | ||||
TOTAL | 12,067 | ||||
ACCUMULATED DEPRECIATION | 7,793 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,274 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Gardens at Great Neck [Member] | |||||
INITIAL COST LAND | 27,956 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 71,366 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 55 | |||
LAND | 27,962 | ||||
BUILDING AND IMPROVEMENTS | 71,414 | ||||
TOTAL | 99,376 | ||||
ACCUMULATED DEPRECIATION | 4,968 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 94,408 | ||||
ENCUMBRANCES | [2] | 16,888 | |||
Shopping Center [Member] | The Commons at Dexter Lake II [Member] | |||||
INITIAL COST LAND | 567 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,874 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (27) | |||
LAND | 567 | ||||
BUILDING AND IMPROVEMENTS | 8,847 | ||||
TOTAL | 9,414 | ||||
ACCUMULATED DEPRECIATION | 954 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,460 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Richmond Square [Member] | |||||
INITIAL COST LAND | 7,568 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 15,432 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (233) | |||
LAND | 7,568 | ||||
BUILDING AND IMPROVEMENTS | 15,198 | ||||
TOTAL | 22,766 | ||||
ACCUMULATED DEPRECIATION | 1,258 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,508 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rancho Penasquitos-Vons Prop. [Member] | |||||
INITIAL COST LAND | 2,918 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,146 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 2,918 | ||||
BUILDING AND IMPROVEMENTS | 9,146 | ||||
TOTAL | 12,064 | ||||
ACCUMULATED DEPRECIATION | 1,241 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,823 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Riverside Landings S.C. [Member] | |||||
INITIAL COST LAND | 3,512 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 14,440 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 838 | |||
LAND | 3,512 | ||||
BUILDING AND IMPROVEMENTS | 15,278 | ||||
TOTAL | 18,790 | ||||
ACCUMULATED DEPRECIATION | 3,809 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,981 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Union Crescent III [Member] | |||||
INITIAL COST LAND | 7,895 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,011 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 28,966 | |||
LAND | 8,697 | ||||
BUILDING AND IMPROVEMENTS | 31,175 | ||||
TOTAL | 39,872 | ||||
ACCUMULATED DEPRECIATION | 23,646 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,226 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Green Cove Plaza [Member] | |||||
INITIAL COST LAND | 17,017 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 39,206 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (232) | |||
LAND | 17,017 | ||||
BUILDING AND IMPROVEMENTS | 38,974 | ||||
TOTAL | 55,991 | ||||
ACCUMULATED DEPRECIATION | 1,963 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 54,028 | ||||
ENCUMBRANCES | [2] | 11,249 | |||
Shopping Center [Member] | River Oaks S.C. East [Member] | |||||
INITIAL COST LAND | 5,766 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,882 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 120 | |||
LAND | 5,766 | ||||
BUILDING AND IMPROVEMENTS | 14,002 | ||||
TOTAL | 19,768 | ||||
ACCUMULATED DEPRECIATION | 1,373 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,395 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rancho San Marcos Village [Member] | |||||
INITIAL COST LAND | 9,050 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 29,357 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,926 | |||
LAND | 9,483 | ||||
BUILDING AND IMPROVEMENTS | 35,850 | ||||
TOTAL | 45,333 | ||||
ACCUMULATED DEPRECIATION | 2,777 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,556 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Sea Ranch Centre [Member] | |||||
INITIAL COST LAND | 3,298 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 21,259 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 340 | |||
LAND | 3,298 | ||||
BUILDING AND IMPROVEMENTS | 21,598 | ||||
TOTAL | 24,896 | ||||
ACCUMULATED DEPRECIATION | 2,324 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,572 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Westmont Plaza [Member] | |||||
INITIAL COST LAND | 602 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,405 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 20,757 | |||
LAND | 602 | ||||
BUILDING AND IMPROVEMENTS | 23,163 | ||||
TOTAL | 23,765 | ||||
ACCUMULATED DEPRECIATION | 9,734 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,031 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Marketplace [Member] | |||||
INITIAL COST LAND | 4,498 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,850 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 15 | |||
LAND | 4,498 | ||||
BUILDING AND IMPROVEMENTS | 9,864 | ||||
TOTAL | 14,362 | ||||
ACCUMULATED DEPRECIATION | 483 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,879 | ||||
ENCUMBRANCES | [2] | 4,994 | |||
Shopping Center [Member] | River Oaks S.C. West [Member] | |||||
INITIAL COST LAND | 14,185 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 138,022 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,897 | |||
LAND | 14,185 | ||||
BUILDING AND IMPROVEMENTS | 141,918 | ||||
TOTAL | 156,103 | ||||
ACCUMULATED DEPRECIATION | 12,799 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 143,304 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Redwood City Plaza [Member] | |||||
INITIAL COST LAND | 2,552 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,215 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,901 | |||
LAND | 2,552 | ||||
BUILDING AND IMPROVEMENTS | 12,116 | ||||
TOTAL | 14,668 | ||||
ACCUMULATED DEPRECIATION | 3,744 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,924 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shoppes at Deerfield [Member] | |||||
INITIAL COST LAND | 19,069 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 69,485 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (43) | |||
LAND | 19,069 | ||||
BUILDING AND IMPROVEMENTS | 69,441 | ||||
TOTAL | 88,510 | ||||
ACCUMULATED DEPRECIATION | 7,812 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,698 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Willowbrook Plaza [Member] | |||||
INITIAL COST LAND | 15,320 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 40,997 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 10,873 | |||
LAND | 15,320 | ||||
BUILDING AND IMPROVEMENTS | 51,869 | ||||
TOTAL | 67,189 | ||||
ACCUMULATED DEPRECIATION | 13,611 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 53,578 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Townpath Corner [Member] | |||||
INITIAL COST LAND | 2,675 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,408 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 52 | |||
LAND | 2,675 | ||||
BUILDING AND IMPROVEMENTS | 6,460 | ||||
TOTAL | 9,135 | ||||
ACCUMULATED DEPRECIATION | 367 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,768 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rock Prairie Marketplace [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,004 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 232 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 8,236 | ||||
TOTAL | 8,236 | ||||
ACCUMULATED DEPRECIATION | 671 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,565 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | San Diego Carmel Mountain [Member] | |||||
INITIAL COST LAND | 5,323 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,874 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (1,898) | |||
LAND | 5,323 | ||||
BUILDING AND IMPROVEMENTS | 6,976 | ||||
TOTAL | 12,299 | ||||
ACCUMULATED DEPRECIATION | 2,719 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,580 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shoppes at Deerfield II [Member] | |||||
INITIAL COST LAND | 788 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,388 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 10 | |||
LAND | 788 | ||||
BUILDING AND IMPROVEMENTS | 6,397 | ||||
TOTAL | 7,185 | ||||
ACCUMULATED DEPRECIATION | 609 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,576 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | North Towne Plaza -Albuquerque [Member] | |||||
INITIAL COST LAND | 3,598 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,327 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 269 | |||
LAND | 3,598 | ||||
BUILDING AND IMPROVEMENTS | 33,596 | ||||
TOTAL | 37,194 | ||||
ACCUMULATED DEPRECIATION | 3,704 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,490 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Turnpike Plaza [Member] | |||||
INITIAL COST LAND | 2,472 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,839 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 970 | |||
LAND | 2,472 | ||||
BUILDING AND IMPROVEMENTS | 6,809 | ||||
TOTAL | 9,281 | ||||
ACCUMULATED DEPRECIATION | 2,406 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,875 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shoppes at Memorial Villages [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 41,493 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 57 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 41,549 | ||||
TOTAL | 41,549 | ||||
ACCUMULATED DEPRECIATION | 4,449 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,100 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | San Marcos Plaza [Member] | |||||
INITIAL COST LAND | 1,883 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 12,044 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,074 | |||
LAND | 1,883 | ||||
BUILDING AND IMPROVEMENTS | 15,118 | ||||
TOTAL | 17,001 | ||||
ACCUMULATED DEPRECIATION | 1,124 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,877 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shops at Santa Barbara Phase 1 [Member] | |||||
INITIAL COST LAND | 743 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,374 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 242 | |||
LAND | 743 | ||||
BUILDING AND IMPROVEMENTS | 5,616 | ||||
TOTAL | 6,359 | ||||
ACCUMULATED DEPRECIATION | 1,459 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,900 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Charleston Commons [Member] | |||||
INITIAL COST LAND | 29,704 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,267 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 437 | |||
LAND | 29,704 | ||||
BUILDING AND IMPROVEMENTS | 24,704 | ||||
TOTAL | 54,408 | ||||
ACCUMULATED DEPRECIATION | 5,812 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,596 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Veterans Memorial Plaza [Member] | |||||
INITIAL COST LAND | 5,968 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,243 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 22,893 | |||
LAND | 5,980 | ||||
BUILDING AND IMPROVEMENTS | 46,124 | ||||
TOTAL | 52,104 | ||||
ACCUMULATED DEPRECIATION | 21,758 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,346 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shops at Hilshire Village [Member] | |||||
INITIAL COST LAND | 11,206 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 19,092 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 562 | |||
LAND | 11,206 | ||||
BUILDING AND IMPROVEMENTS | 19,655 | ||||
TOTAL | 30,861 | ||||
ACCUMULATED DEPRECIATION | 2,562 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,299 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Santee Trolley Square [Member] | |||||
INITIAL COST LAND | 40,209 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 62,964 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 309 | |||
LAND | 40,209 | ||||
BUILDING AND IMPROVEMENTS | 63,274 | ||||
TOTAL | 103,483 | ||||
ACCUMULATED DEPRECIATION | 23,003 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,480 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shops at Santa Barbara Phase 2 [Member] | |||||
INITIAL COST LAND | 332 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,489 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 46 | |||
LAND | 332 | ||||
BUILDING AND IMPROVEMENTS | 2,535 | ||||
TOTAL | 2,867 | ||||
ACCUMULATED DEPRECIATION | 657 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,210 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | College Park S.C. -N Las Vegas [Member] | |||||
INITIAL COST LAND | 2,100 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,413 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 210 | |||
LAND | 2,100 | ||||
BUILDING AND IMPROVEMENTS | 18,623 | ||||
TOTAL | 20,723 | ||||
ACCUMULATED DEPRECIATION | 2,545 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,178 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | White Plains S.C. [Member] | |||||
INITIAL COST LAND | 1,778 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,454 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,964 | |||
LAND | 1,778 | ||||
BUILDING AND IMPROVEMENTS | 7,418 | ||||
TOTAL | 9,196 | ||||
ACCUMULATED DEPRECIATION | 3,226 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,970 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shops at Kirby Drive [Member] | |||||
INITIAL COST LAND | 969 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,031 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (37) | |||
LAND | 969 | ||||
BUILDING AND IMPROVEMENTS | 4,994 | ||||
TOTAL | 5,963 | ||||
ACCUMULATED DEPRECIATION | 445 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,518 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Silver Creek Plaza [Member] | |||||
INITIAL COST LAND | 33,541 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 53,176 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 246 | |||
LAND | 33,541 | ||||
BUILDING AND IMPROVEMENTS | 53,423 | ||||
TOTAL | 86,964 | ||||
ACCUMULATED DEPRECIATION | 5,533 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 81,431 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Shops at Santa Barbara Phase 3 [Member] | |||||
INITIAL COST LAND | 330 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,359 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 118 | |||
LAND | 330 | ||||
BUILDING AND IMPROVEMENTS | 2,476 | ||||
TOTAL | 2,806 | ||||
ACCUMULATED DEPRECIATION | 574 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,232 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | D'Andrea Marketplace [Member] | |||||
INITIAL COST LAND | 11,556 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 29,435 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 927 | |||
LAND | 11,556 | ||||
BUILDING AND IMPROVEMENTS | 30,362 | ||||
TOTAL | 41,918 | ||||
ACCUMULATED DEPRECIATION | 12,928 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,990 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Woodbury Common [Member] | |||||
INITIAL COST LAND | 27,249 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,516 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (178) | |||
LAND | 27,249 | ||||
BUILDING AND IMPROVEMENTS | 28,338 | ||||
TOTAL | 55,587 | ||||
ACCUMULATED DEPRECIATION | 1,771 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 53,816 | ||||
ENCUMBRANCES | [2] | 16,132 | |||
Shopping Center [Member] | Shops at Three Corners [Member] | |||||
INITIAL COST LAND | 7,094 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 59,795 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (393) | |||
LAND | 7,094 | ||||
BUILDING AND IMPROVEMENTS | 59,401 | ||||
TOTAL | 66,495 | ||||
ACCUMULATED DEPRECIATION | 6,621 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 59,874 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | South Napa Market Place [Member] | |||||
INITIAL COST LAND | 1,100 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 22,159 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 21,848 | |||
LAND | 23,119 | ||||
BUILDING AND IMPROVEMENTS | 21,988 | ||||
TOTAL | 45,107 | ||||
ACCUMULATED DEPRECIATION | 14,220 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,887 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Sodo S.C. [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 68,139 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,562 | |||
LAND | 142 | ||||
BUILDING AND IMPROVEMENTS | 74,559 | ||||
TOTAL | 74,701 | ||||
ACCUMULATED DEPRECIATION | 27,766 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,935 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Del Monte Plaza [Member] | |||||
INITIAL COST LAND | 2,489 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,590 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,287 | |||
LAND | 2,210 | ||||
BUILDING AND IMPROVEMENTS | 7,156 | ||||
TOTAL | 9,366 | ||||
ACCUMULATED DEPRECIATION | 3,835 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,531 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stevens Ranch [Member] | |||||
INITIAL COST LAND | 18,143 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,407 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 405 | |||
LAND | 18,143 | ||||
BUILDING AND IMPROVEMENTS | 6,812 | ||||
TOTAL | 24,955 | ||||
ACCUMULATED DEPRECIATION | 837 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,118 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Southampton Center [Member] | |||||
INITIAL COST LAND | 10,289 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 64,096 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 195 | |||
LAND | 10,289 | ||||
BUILDING AND IMPROVEMENTS | 64,291 | ||||
TOTAL | 74,580 | ||||
ACCUMULATED DEPRECIATION | 6,112 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 68,468 | ||||
ENCUMBRANCES | [2] | 20,053 | |||
Shopping Center [Member] | South Miami S.C. [Member] | |||||
INITIAL COST LAND | 1,280 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,134 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,120 | |||
LAND | 1,280 | ||||
BUILDING AND IMPROVEMENTS | 10,254 | ||||
TOTAL | 11,534 | ||||
ACCUMULATED DEPRECIATION | 6,034 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,500 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Del Monte Plaza Anchor Parcel [Member] | |||||
INITIAL COST LAND | 6,513 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,600 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 219 | |||
LAND | 6,520 | ||||
BUILDING AND IMPROVEMENTS | 17,812 | ||||
TOTAL | 24,332 | ||||
ACCUMULATED DEPRECIATION | 3,630 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,702 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Centre at Copperfield [Member] | |||||
INITIAL COST LAND | 6,723 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 22,525 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 628 | |||
LAND | 6,723 | ||||
BUILDING AND IMPROVEMENTS | 23,154 | ||||
TOTAL | 29,877 | ||||
ACCUMULATED DEPRECIATION | 6,795 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,082 | ||||
Shopping Center [Member] | Stanford Ranch [Member] | |||||
INITIAL COST LAND | 10,584 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,007 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,166 | |||
LAND | 9,983 | ||||
BUILDING AND IMPROVEMENTS | 33,774 | ||||
TOTAL | 43,757 | ||||
ACCUMULATED DEPRECIATION | 8,690 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,067 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Sunset 19 S.C. [Member] | |||||
INITIAL COST LAND | 12,460 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 55,354 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 108 | |||
LAND | 12,460 | ||||
BUILDING AND IMPROVEMENTS | 55,462 | ||||
TOTAL | 67,922 | ||||
ACCUMULATED DEPRECIATION | 6,373 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 61,549 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Francisco Center [Member] | |||||
INITIAL COST LAND | 1,800 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 10,085 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,038 | |||
LAND | 1,800 | ||||
BUILDING AND IMPROVEMENTS | 12,123 | ||||
TOTAL | 13,923 | ||||
ACCUMULATED DEPRECIATION | 1,605 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,318 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Centre at Post Oak [Member] | |||||
INITIAL COST LAND | 12,642 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 100,658 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 288 | |||
LAND | 12,642 | ||||
BUILDING AND IMPROVEMENTS | 100,947 | ||||
TOTAL | 113,589 | ||||
ACCUMULATED DEPRECIATION | 11,326 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 102,263 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stevens Creek Central S.C. [Member] | |||||
INITIAL COST LAND | 41,818 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 45,886 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 540 | |||
LAND | 41,818 | ||||
BUILDING AND IMPROVEMENTS | 46,427 | ||||
TOTAL | 88,245 | ||||
ACCUMULATED DEPRECIATION | 5,891 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 82,354 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | TJ Maxx Plaza [Member] | |||||
INITIAL COST LAND | 10,341 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 38,660 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 195 | |||
LAND | 10,341 | ||||
BUILDING AND IMPROVEMENTS | 38,855 | ||||
TOTAL | 49,196 | ||||
ACCUMULATED DEPRECIATION | 4,152 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,044 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Galena Junction [Member] | |||||
INITIAL COST LAND | 8,931 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,503 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,749 | |||
LAND | 8,931 | ||||
BUILDING AND IMPROVEMENTS | 19,251 | ||||
TOTAL | 28,182 | ||||
ACCUMULATED DEPRECIATION | 6,026 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,156 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | The Shoppes at Wilderness Oaks [Member] | |||||
INITIAL COST LAND | 4,359 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,964 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (12,427) | |||
LAND | 896 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 896 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 896 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stony Point Plaza [Member] | |||||
INITIAL COST LAND | 10,361 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 38,054 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (229) | |||
LAND | 10,361 | ||||
BUILDING AND IMPROVEMENTS | 37,824 | ||||
TOTAL | 48,185 | ||||
ACCUMULATED DEPRECIATION | 3,922 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 44,263 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Tri-City Plaza [Member] | |||||
INITIAL COST LAND | 2,832 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,329 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 24,300 | |||
LAND | 2,832 | ||||
BUILDING AND IMPROVEMENTS | 35,629 | ||||
TOTAL | 38,461 | ||||
ACCUMULATED DEPRECIATION | 10,219 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,242 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | McQueen Crossings [Member] | |||||
INITIAL COST LAND | 5,017 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,779 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,102 | |||
LAND | 5,017 | ||||
BUILDING AND IMPROVEMENTS | 21,881 | ||||
TOTAL | 26,898 | ||||
ACCUMULATED DEPRECIATION | 8,969 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,929 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Tomball Crossings [Member] | |||||
INITIAL COST LAND | 8,517 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,484 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,545 | |||
LAND | 7,965 | ||||
BUILDING AND IMPROVEMENTS | 30,581 | ||||
TOTAL | 38,546 | ||||
ACCUMULATED DEPRECIATION | 8,034 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,512 | ||||
Shopping Center [Member] | Truckee Crossroads [Member] | |||||
INITIAL COST LAND | 2,140 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,325 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (18,609) | |||
LAND | 2,140 | ||||
BUILDING AND IMPROVEMENTS | 9,716 | ||||
TOTAL | 11,856 | ||||
ACCUMULATED DEPRECIATION | 6,387 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,469 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Tuttlebee Plaza [Member] | |||||
INITIAL COST LAND | 255 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 828 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,910 | |||
LAND | 255 | ||||
BUILDING AND IMPROVEMENTS | 3,738 | ||||
TOTAL | 3,993 | ||||
ACCUMULATED DEPRECIATION | 2,551 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,442 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Rancho Towne & Country [Member] | |||||
INITIAL COST LAND | 7,785 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,364 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (56) | |||
LAND | 7,785 | ||||
BUILDING AND IMPROVEMENTS | 13,308 | ||||
TOTAL | 21,093 | ||||
ACCUMULATED DEPRECIATION | 1,705 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,388 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Tomball Marketplace [Member] | |||||
INITIAL COST LAND | 4,280 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 31,793 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 217 | |||
LAND | 4,280 | ||||
BUILDING AND IMPROVEMENTS | 32,010 | ||||
TOTAL | 36,290 | ||||
ACCUMULATED DEPRECIATION | 3,982 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,308 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Tustin Heights [Member] | |||||
INITIAL COST LAND | 16,745 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,953 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,880 | |||
LAND | 16,745 | ||||
BUILDING AND IMPROVEMENTS | 36,834 | ||||
TOTAL | 53,579 | ||||
ACCUMULATED DEPRECIATION | 2,214 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 51,365 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | University Town Center [Member] | |||||
INITIAL COST LAND | 5,515 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,041 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 579 | |||
LAND | 5,515 | ||||
BUILDING AND IMPROVEMENTS | 13,621 | ||||
TOTAL | 19,136 | ||||
ACCUMULATED DEPRECIATION | 5,136 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,000 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Redfield Promenade [Member] | |||||
INITIAL COST LAND | 4,415 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 32,035 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (3,054) | |||
LAND | 4,415 | ||||
BUILDING AND IMPROVEMENTS | 28,980 | ||||
TOTAL | 33,395 | ||||
ACCUMULATED DEPRECIATION | 8,143 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,252 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Trenton Crossing -North Mcallen [Member] | |||||
INITIAL COST LAND | 6,279 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 29,686 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,013 | |||
LAND | 6,279 | ||||
BUILDING AND IMPROVEMENTS | 31,700 | ||||
TOTAL | 37,979 | ||||
ACCUMULATED DEPRECIATION | 4,444 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,535 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Westlake Shopping Center [Member] | |||||
INITIAL COST LAND | 16,174 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 64,819 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 116,460 | |||
LAND | 16,174 | ||||
BUILDING AND IMPROVEMENTS | 181,279 | ||||
TOTAL | 197,453 | ||||
ACCUMULATED DEPRECIATION | 77,758 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 119,695 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Village Commons S.C. [Member] | |||||
INITIAL COST LAND | 2,026 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 5,106 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,032 | |||
LAND | 2,026 | ||||
BUILDING AND IMPROVEMENTS | 7,138 | ||||
TOTAL | 9,164 | ||||
ACCUMULATED DEPRECIATION | 2,422 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,742 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Sparks Mercantile [Member] | |||||
INITIAL COST LAND | 6,222 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,069 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 451 | |||
LAND | 6,222 | ||||
BUILDING AND IMPROVEMENTS | 17,519 | ||||
TOTAL | 23,741 | ||||
ACCUMULATED DEPRECIATION | 5,867 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,874 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Village Plaza at Bunker Hill [Member] | |||||
INITIAL COST LAND | 21,320 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 233,086 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,053 | |||
LAND | 21,320 | ||||
BUILDING AND IMPROVEMENTS | 235,140 | ||||
TOTAL | 256,460 | ||||
ACCUMULATED DEPRECIATION | 22,191 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 234,269 | ||||
ENCUMBRANCES | [2] | 71,050 | |||
Shopping Center [Member] | Westminster Center [Member] | |||||
INITIAL COST LAND | 60,428 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 64,973 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 907 | |||
LAND | 60,428 | ||||
BUILDING AND IMPROVEMENTS | 65,880 | ||||
TOTAL | 126,308 | ||||
ACCUMULATED DEPRECIATION | 10,475 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 115,833 | ||||
ENCUMBRANCES | [2] | 48,075 | |||
Shopping Center [Member] | Village Commons Shopping Center [Member] | |||||
INITIAL COST LAND | 2,192 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,774 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 7,950 | |||
LAND | 2,192 | ||||
BUILDING AND IMPROVEMENTS | 16,724 | ||||
TOTAL | 18,916 | ||||
ACCUMULATED DEPRECIATION | 8,768 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,148 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Westchase S.C. [Member] | |||||
INITIAL COST LAND | 7,547 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 35,653 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3 | |||
LAND | 7,547 | ||||
BUILDING AND IMPROVEMENTS | 35,656 | ||||
TOTAL | 43,203 | ||||
ACCUMULATED DEPRECIATION | 3,887 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,316 | ||||
ENCUMBRANCES | [2] | 13,506 | |||
Shopping Center [Member] | Whittwood Town Center [Member] | |||||
INITIAL COST LAND | 57,136 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 105,815 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,780 | |||
LAND | 57,139 | ||||
BUILDING AND IMPROVEMENTS | 110,591 | ||||
TOTAL | 167,730 | ||||
ACCUMULATED DEPRECIATION | 27,690 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 140,040 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Village Green Center {Member] | |||||
INITIAL COST LAND | 11,405 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 13,466 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 140 | |||
LAND | 11,405 | ||||
BUILDING AND IMPROVEMENTS | 13,607 | ||||
TOTAL | 25,012 | ||||
ACCUMULATED DEPRECIATION | 2,160 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,852 | ||||
ENCUMBRANCES | [2] | 16,852 | |||
Shopping Center [Member] | Westhill Village [Member] | |||||
INITIAL COST LAND | 11,948 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,479 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 613 | |||
LAND | 11,948 | ||||
BUILDING AND IMPROVEMENTS | 27,092 | ||||
TOTAL | 39,040 | ||||
ACCUMULATED DEPRECIATION | 3,405 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,635 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Vizcaya Square [Member] | |||||
INITIAL COST LAND | 5,773 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,965 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 252 | |||
LAND | 5,773 | ||||
BUILDING AND IMPROVEMENTS | 21,217 | ||||
TOTAL | 26,990 | ||||
ACCUMULATED DEPRECIATION | 2,430 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,560 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Woodbridge Shopping Center [Member] | |||||
INITIAL COST LAND | 2,569 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,814 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 491 | |||
LAND | 2,569 | ||||
BUILDING AND IMPROVEMENTS | 7,305 | ||||
TOTAL | 9,874 | ||||
ACCUMULATED DEPRECIATION | 2,833 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,041 | ||||
Shopping Center [Member] | Wellington Green Commons [Member] | |||||
INITIAL COST LAND | 19,528 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 32,521 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 85 | |||
LAND | 19,528 | ||||
BUILDING AND IMPROVEMENTS | 32,605 | ||||
TOTAL | 52,133 | ||||
ACCUMULATED DEPRECIATION | 3,831 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,302 | ||||
ENCUMBRANCES | [2] | 14,598 | |||
Shopping Center [Member] | Wellington Green Pad Sites [Member] | |||||
INITIAL COST LAND | 3,854 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,777 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,046 | |||
LAND | 3,854 | ||||
BUILDING AND IMPROVEMENTS | 4,823 | ||||
TOTAL | 8,677 | ||||
ACCUMULATED DEPRECIATION | 383 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,294 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Winn Dixie-Miami [Member] | |||||
INITIAL COST LAND | 2,990 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,410 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (52) | |||
LAND | 3,544 | ||||
BUILDING AND IMPROVEMENTS | 8,804 | ||||
TOTAL | 12,348 | ||||
ACCUMULATED DEPRECIATION | 2,214 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,134 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Winter Park Corners [Member] | |||||
INITIAL COST LAND | 5,191 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 42,530 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 151 | |||
LAND | 5,191 | ||||
BUILDING AND IMPROVEMENTS | 42,681 | ||||
TOTAL | 47,872 | ||||
ACCUMULATED DEPRECIATION | 3,833 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 44,039 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Asante Retail Center [Member] | |||||
INITIAL COST LAND | 8,703 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,406 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (11,939) | |||
LAND | 170 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 170 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 170 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Homestead-Wachtel Land Lease [Member] | |||||
INITIAL COST LAND | 150 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 150 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 150 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 150 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Palm Coast Landing Outparcels [Member] | |||||
INITIAL COST LAND | 1,460 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5 | |||
LAND | 1,460 | ||||
BUILDING AND IMPROVEMENTS | 5 | ||||
TOTAL | 1,465 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,465 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Lake Wales S.C. [Member] | |||||
INITIAL COST LAND | 601 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 601 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 601 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 601 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Flint - Vacant Land [Member] | |||||
INITIAL COST LAND | 101 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (10) | |||
LAND | 91 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 91 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 91 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Charlotte Sports & Fitness CTR [Member] | |||||
INITIAL COST LAND | 501 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,859 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 562 | |||
LAND | 501 | ||||
BUILDING AND IMPROVEMENTS | 2,422 | ||||
TOTAL | 2,923 | ||||
ACCUMULATED DEPRECIATION | 2,086 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 837 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Surf City Crossing [Member] | |||||
INITIAL COST LAND | 5,260 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (2,478) | |||
LAND | 2,782 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 2,782 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,782 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | The Shoppes at Caveness Farms [Member] | |||||
INITIAL COST LAND | 5,470 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 21 | |||
LAND | 5,470 | ||||
BUILDING AND IMPROVEMENTS | 21 | ||||
TOTAL | 5,491 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,491 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Wake Forest Crossing II -Land Only [Member] | |||||
INITIAL COST LAND | 520 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 520 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 520 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 520 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Wakefield Commons III [Member] | |||||
INITIAL COST LAND | 6,506 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (5,397) | |||
LAND | 787 | ||||
BUILDING AND IMPROVEMENTS | 322 | ||||
TOTAL | 1,109 | ||||
ACCUMULATED DEPRECIATION | 321 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 788 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Wakefield Crossings [Member] | |||||
INITIAL COST LAND | 3,414 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (3,277) | |||
LAND | 137 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 137 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 137 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Hillsborough Promenade [Member] | |||||
INITIAL COST LAND | 11,887 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (6,632) | |||
LAND | 5,006 | ||||
BUILDING AND IMPROVEMENTS | 249 | ||||
TOTAL | 5,255 | ||||
ACCUMULATED DEPRECIATION | 130 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,125 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Jericho Atrium [Member] | |||||
INITIAL COST LAND | 10,624 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,065 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,237 | |||
LAND | 10,624 | ||||
BUILDING AND IMPROVEMENTS | 25,302 | ||||
TOTAL | 35,926 | ||||
ACCUMULATED DEPRECIATION | 8,365 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,561 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Key Bank Building [Member] | |||||
INITIAL COST LAND | 1,500 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 40,487 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (8,107) | |||
LAND | 669 | ||||
BUILDING AND IMPROVEMENTS | 33,211 | ||||
TOTAL | 33,880 | ||||
ACCUMULATED DEPRECIATION | 22,784 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,096 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Manhasset Center (Residential) [Member] | |||||
INITIAL COST LAND | 950 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 950 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 950 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 950 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Merry Lane (Parking Lot) [Member] | |||||
INITIAL COST LAND | 1,486 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1,567 | |||
LAND | 1,486 | ||||
BUILDING AND IMPROVEMENTS | 1,569 | ||||
TOTAL | 3,055 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,055 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Northport Land Parcel [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 14 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 82 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 96 | ||||
TOTAL | 96 | ||||
ACCUMULATED DEPRECIATION | 12 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 84 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | McMinnville Plaza [Member] | |||||
INITIAL COST LAND | 4,062 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 478 | |||
LAND | 4,062 | ||||
BUILDING AND IMPROVEMENTS | 478 | ||||
TOTAL | 4,540 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,540 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | The 1935 West Gray [Member] | |||||
INITIAL COST LAND | 780 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 14 | |||
LAND | 780 | ||||
BUILDING AND IMPROVEMENTS | 14 | ||||
TOTAL | 794 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 794 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | The 2503 McCue LLC [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,287 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 2,287 | ||||
TOTAL | 2,287 | ||||
ACCUMULATED DEPRECIATION | 1,082 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,205 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | North Towne Plaza -Brownsville [Member] | |||||
INITIAL COST LAND | 1,517 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 295 | |||
LAND | 1,517 | ||||
BUILDING AND IMPROVEMENTS | 295 | ||||
TOTAL | 1,812 | ||||
ACCUMULATED DEPRECIATION | 8 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,804 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Richmond Square -PAD [Member] | |||||
INITIAL COST LAND | 570 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4 | |||
LAND | 570 | ||||
BUILDING AND IMPROVEMENTS | 4 | ||||
TOTAL | 574 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 574 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Texas City Land [Member] | |||||
INITIAL COST LAND | 1,000 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 1,000 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 1,000 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,000 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Westover Square [Member] | |||||
INITIAL COST LAND | 1,520 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (665) | |||
LAND | 855 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 855 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 855 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Blue Ridge [Member] | |||||
INITIAL COST LAND | 12,347 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 71,530 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (51,782) | |||
LAND | 3,513 | ||||
BUILDING AND IMPROVEMENTS | 28,582 | ||||
TOTAL | 32,095 | ||||
ACCUMULATED DEPRECIATION | 20,990 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,105 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Balance of Portfolio [Member] | |||||
INITIAL COST LAND | [4] | 1,907 | |||
INITIAL COST BUILDING AND IMPROVEMENTS | [4] | 65,127 | |||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1],[4] | (22,029) | |||
LAND | [4] | 0 | |||
BUILDING AND IMPROVEMENTS | [4] | 45,013 | |||
TOTAL | [4] | 45,013 | |||
ACCUMULATED DEPRECIATION | [4] | 5,232 | |||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | [4] | 39,781 | |||
ENCUMBRANCES | [2],[4] | $ 0 | |||
[1]The negative balance for costs capitalized subsequent to acquisition could include parcels/out-parcels sold, assets held-for-sale, provision for losses and/or demolition of part of a property for redevelopment.[2]Includes fair market value of debt adjustments, net and deferred financing costs, net.[3]Shopping center includes land held for development.[4]Includes fixtures, leasehold improvements and other costs capitalized. |
Schedule III - Real Estate an_5
Schedule III - Real Estate and Accumulated Depreciation - Life Used for Depreciation (Details) - Buildings and Building Improvements Held for Investment [Member] | Dec. 31, 2023 |
Minimum [Member] | |
Buildings and building improvements (in years) (Year) | 5 years |
Maximum [Member] | |
Buildings and building improvements (in years) (Year) | 50 years |
Schedule III - Real Estate an_6
Schedule III - Real Estate and Accumulated Depreciation - Changes in Real Estate Assets (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Balance, beginning of period | $ 18,457,242 | $ 18,052,271 | $ 12,068,827 |
Acquisitions | 208,001 | 542,789 | 5,765,363 |
Improvements | 263,171 | 183,561 | 153,698 |
Transfers from unconsolidated joint ventures | 166,490 | 0 | 785,334 |
Sales and assets held-for-sale | (85,541) | (271,347) | (205,057) |
Transfers to unconsolidated joint ventures | 0 | 0 | (433,829) |
Adjustment for fully depreciated assets | (59,832) | (36,032) | (82,065) |
Adjustment of property carrying values | (11,737) | (14,000) | 0 |
Balance, end of period | $ 18,937,794 | $ 18,457,242 | $ 18,052,271 |
Schedule III - Real Estate an_7
Schedule III - Real Estate and Accumulated Depreciation - Changes in Accumulated Depreciation (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Balance, beginning of period | $ 3,417,414 | $ 3,010,699 | $ 2,717,114 |
Depreciation for year | 492,434 | 493,075 | 378,416 |
Sales and assets held-for-sale | (7,147) | (50,328) | (2,766) |
Adjustment for fully depreciated assets/other | (59,832) | (36,032) | (82,065) |
Balance, end of period | $ 3,842,869 | $ 3,417,414 | $ 3,010,699 |
Schedule IV - Mortgage Loans _3
Schedule IV - Mortgage Loans on Real Estate (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Federal Income Tax Basis | $ 130,700 | |||
Gain (Loss) on Repayment of Mortgage Loan | $ 4,000 | |||
Weingarten Realty Investors [Member] | ||||
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Mortgage Loans Receivable | $ 13,400 | |||
Mortgage Loans [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 138,818 | |||
Mortgage Loans [Member] | Borrower I [Member] | Retail Site [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans | 2 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | [1] | $ 6,485 | ||
Mortgage Loans [Member] | Borrower I [Member] | Retail Site [Member] | Minimum [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 3,100 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate | 7% | |||
Mortgage Loans [Member] | Borrower I [Member] | Retail Site [Member] | Maximum [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 3,400 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate | 12% | |||
Mortgage Loans [Member] | Borrower A [Member] | Nonretail [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Number of Loans | 2 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | [2] | $ 1,854 | ||
Mortgage Loans [Member] | Borrower A [Member] | Nonretail [Member] | Minimum [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 500 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate | 6.88% | |||
Mortgage Loans [Member] | Borrower A [Member] | Nonretail [Member] | Maximum [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 1,900 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate | 7.41% | |||
Mortgage Loans [Member] | Borrower D [Member] | Retail Site [Member] | Crystal Lake, IL [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | [3] | $ 7,308 | ||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate | [3] | 10.50% | ||
Mortgage Loans [Member] | Borrower D [Member] | Retail Site [Member] | Crystal Lake, IL [Member] | Unused lines of Credit [Member] | ||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Face Amount of Mortgages | $ 7,000 | |||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate | 0.50% | |||
[1]Comprised of two separate loans with original loan amounts ranging from $3.1 million to $3.4 million.[2]Comprised of two separate loans with original loan amounts ranging from $0.5 million to $1.9 million.[3]There was an outstanding undrawn mortgage loan balance of $7.0 million as of December 31, 2023, for which the Company, as a lender, accrues interest at a rate of 0.5% per annum. |
Schedule IV - Mortgage Loans _4
Schedule IV - Mortgage Loans on Real Estate - Mortgage Loans on Real Estate (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | ||
Carrying amount | $ 130,745 | $ 87,359 | $ 73,102 | |
Balance at January 1, | 87,359 | 73,102 | 32,246 | |
New mortgage and other loans (1) | [1] | 43,519 | 75,063 | 55,307 |
Loan repayments (2) | [2] | (35) | (60,211) | (13,646) |
Collections of principal | (98) | (95) | (130) | |
Allowance for credit losses | 0 | (500) | (370) | |
Other adjustments | 0 | 0 | (305) | |
Balance at December 31, | 130,745 | $ 87,359 | $ 73,102 | |
Mortgage Loans [Member] | ||||
Face amount | 138,818 | |||
Carrying amount | [3] | 130,745 | ||
Allowance for Credit losses: | [3] | (1,300) | ||
Balance at December 31, | [3] | 130,745 | ||
Retail Site [Member] | Borrower I [Member] | Mortgage Loans [Member] | ||||
Face amount | [4] | 6,485 | ||
Carrying amount | [3],[4] | 6,485 | ||
Balance at December 31, | [3],[4] | $ 6,485 | ||
Retail Site [Member] | Gresham, OR [Member] | Borrower A [Member] | Mortgage Loans [Member] | ||||
Interest rate | 8% | |||
Face amount | $ 25,000 | |||
Carrying amount | [3] | 25,000 | ||
Balance at December 31, | [3] | $ 25,000 | ||
Retail Site [Member] | Apopka, FL [Member] | Borrower B [Member] | Mortgage Loans [Member] | ||||
Interest rate | 14% | |||
Face amount | $ 11,211 | |||
Carrying amount | [3] | 11,211 | ||
Balance at December 31, | [3] | $ 11,211 | ||
Retail Site [Member] | Lynwood, CA [Member] | Borrower C [Member] | Mortgage Loans [Member] | ||||
Interest rate | 9% | |||
Face amount | $ 16,463 | |||
Carrying amount | [3] | 16,463 | ||
Balance at December 31, | [3] | $ 16,463 | ||
Retail Site [Member] | Crystal Lake, IL [Member] | Borrower D [Member] | Mortgage Loans [Member] | ||||
Interest rate | [5] | 10.50% | ||
Face amount | [5] | $ 7,308 | ||
Carrying amount | [3],[5] | 7,308 | ||
Balance at December 31, | [3],[5] | $ 7,308 | ||
Retail Site [Member] | Jacksonville, FL [Member] | Borrower E [Member] | Mortgage Loans [Member] | ||||
Interest rate | 10% | |||
Face amount | $ 15,000 | |||
Carrying amount | [3] | 15,000 | ||
Balance at December 31, | [3] | $ 15,000 | ||
Retail Site [Member] | San Antonio, Texas [Member] | Borrower F [Member] | Mortgage Loans [Member] | ||||
Interest rate | 12.50% | |||
Face amount | $ 21,500 | |||
Carrying amount | [3] | 16,359 | ||
Balance at December 31, | [3] | $ 16,359 | ||
Retail Site [Member] | Fairfax, VA [Member] | Borrower G [Member] | Mortgage Loans [Member] | ||||
Interest rate | 8% | |||
Face amount | $ 14,000 | |||
Carrying amount | [3] | 14,000 | ||
Balance at December 31, | [3] | $ 14,000 | ||
Retail Site [Member] | Euless, TX [Member] | Borrower H [Member] | Mortgage Loans [Member] | ||||
Interest rate | 10% | |||
Face amount | $ 19,600 | |||
Carrying amount | [3] | 19,600 | ||
Balance at December 31, | [3] | 19,600 | ||
Nonretail [Member] | Borrower A [Member] | Mortgage Loans [Member] | ||||
Face amount | [6] | 1,854 | ||
Carrying amount | [3],[6] | 305 | ||
Balance at December 31, | [3],[6] | $ 305 | ||
Nonretail [Member] | Borrower A [Member] | Other Financing Loans [Member] | ||||
Interest rate | 7% | |||
Face amount | $ 397 | |||
Carrying amount | [3] | 314 | ||
Balance at December 31, | [3] | $ 314 | ||
[1]During 2021, the Company acquired $13.4 million of mortgage loan receivables in connection with the merger with Weingarten.[2]During 2022, the Company recognized $4.0 million of profit participation related to the repayment of a mortgage loan, which is included in Other income, net on the Company’s Consolidated Statements of Income.[3]The aggregate cost for Federal income tax purposes was approximately $130.7 million as of December 31, 2023.[4]Comprised of two separate loans with original loan amounts ranging from $3.1 million to $3.4 million.[5]There was an outstanding undrawn mortgage loan balance of $7.0 million as of December 31, 2023, for which the Company, as a lender, accrues interest at a rate of 0.5% per annum.[6]Comprised of two separate loans with original loan amounts ranging from $0.5 million to $1.9 million. |