Significant Accounting Policies [Text Block] | 2. Summary of Significant Accounting Policies Principles of Consolidation - The accompanying Condensed Consolidated Financial Statements include the accounts of the Company. The Company’s subsidiaries include subsidiaries which are wholly-owned or which the Company has a controlling interest, including where the Company has been determined to be a primary beneficiary of a variable interest entity (“VIE”) in accordance with the Consolidation guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). All inter-company balances and transactions have been eliminated in consolidation. The information presented in the accompanying Condensed Consolidated Financial Statements is unaudited and reflects all adjustments which are, in the opinion of management, necessary to reflect a fair statement of the results for the interim periods presented, and all such adjustments are of a normal recurring nature. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's audited Annual Report on Form 10 December 31, 2017 ( “10 10 June 30, 2018, 10 not Reclassifications - Certain amounts in the prior period have been reclassified in order to conform with the current period’s presentation. The Company reclassified $7.3 $15.6 three six June 30, 2017, 2014 09 $61.0 $119.1 $6.1 $9.6 three six June 30, 2017, $5.3 six June 30, 2017. Subsequent Events - The Company has evaluated subsequent events and transactions for potential recognition or disclosure in its condensed consolidated financial statements (see Footnote 10 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. On January 1, 2018, 2016 01, Financial Instruments—Overall 825 10 2016 01” 2016 01, December 31, 2017, $1.1 2016 01, $1.1 January 1, 2018, Revenue and Gain Recognition – On January 1, 2018, 2014 09, Revenue from Contracts with Customers 606 606” January 1, 2018, not not January 1, 2018, 606, not 605 June 30, 2018, no not The Company’s primary source of revenue are leases which fall under the scope of Leases (Topic 840 606 606 Revenues from rental properties Revenues from rental properties 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. 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 Reimbursement income Leases typically provide for reimbursement to the Company of common area maintenance costs (“CAM”), real estate taxes and other operating expenses. Operating expense reimbursements are recognized as earned. The lease component relating to CAM reimbursement revenue will be within the scope of Topic 606, 2016 02, 842 Other rental property income Other rental property income totaled $11.1 $9.6 six June 30, 2018 2017, 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 by acquiring 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 and terms for payment are payment due upon receipt. Gains on sales of operating properties /change in control of interests On January 1, 2018, 2017 05, 610 20 610” 610 January 1, 2018. 610 In accordance with its election to apply the modified retrospective approach for all contracts, the Company recorded a cumulative-effect adjustment of $8.1 January 1, 2018, December 31, 2017, $8.1 two 2017 05, $6.9 $1.2 During the six June 30, 2018, no $6.8 2017 05 3 New Accounting Pronouncements – The following table represents ASUs to the FASB’s ASC that, as of June 30, 2018, not not ASU Description Effective Date Effect on the financial statements or other significant matters ASU 2016 13, 326 The new guidance introduces a new model for estimating credit losses for certain types of financial instruments, including loans receivable, held-to-maturity debt securities, and net investments in direct financing leases, amongst other financial instruments. ASU 2016 13 January 1, 2020; The Company is still assessing the impact on its financial position and/or results of operations. ASU 2016 02, 842 ASU 2018 01, 842 Transition to Topic 842 ASU 2018 10, 842, This ASU sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not 12 12 2016 02 840 In January 2018, 2018 01, 842 not not 840 842. The FASB approved an exposure draft in March 2018 not 1 2 In July 2018, 2018 10, January 1, 2019; The Company continues to evaluate the effect the adoption will have on the Company’s financial position and/or results of operations. However, the Company currently believes that the adoption will not 2016 12 606 not ASU 2017 09, 718 The amendment provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. January 1, 2018 There was no The following ASUs to the FASB’s ASC have been adopted by the Company during the six June 30, 2018: ASU Description Adoption Date Effect on the financial statements or other significant matters ASU 2017 05, 610 20 The amendment clarifies that a financial asset is within the scope of Subtopic 610 20 2017 05 610 20 may 610 20, May 2014 2014 09, 2017 05 2014 09 may 2017 05 250, 10 45 5 10 45 10 may 2017 05 2014 09 may January 1, 2018 The Company adopted the provisions of Subtopic 610 20 610 20, ASU 2016 01, (Subtopic 825 10 ASU 2018 03, 825 10 The amendment addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments, including the following: (i) Requires equity investments (excluding those investments accounted for under the equity method of accounting or those that result in consolidation of the investee) with readily determinable fair values to be measured at fair value with the changes in fair value recognized in net income; however, an entity may not (ii) Simplifies the impairment assessment of those equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment (iii)Eliminates the disclosure of the method(s) and significant assumptions used to estimate the fair value for financial instruments measured at amortized cost and changes the fair value calculation for those investments (iv)Changes the disclosure in other comprehensive income for financial liabilities that are measured at fair value in accordance with the fair value options for financial instruments (v) Clarifies that a deferred asset related to available-for-sale securities should be included in an entity's evaluation for a valuation allowance. The amendments clarify certain aspects of the guidance issued in ASU 2016 01, January 1, 2018 Fiscal years beginning after December 15, 2017, June 15, 2018. Effective as of date of adoption, changes in fair value of the Company’s available-for-sale marketable securities are recognized in Other income, net on the Company’s Condensed Consolidated Statements of Income. See above and Footnote 9 ASU 2014 09, 606 ASU 2015 14, 606 ASU 2014 09 2014 09, may 2014 09 first December 15, 2016, not January 1, 2018 The Company’s revenue-producing contracts are primarily leases that are not 2016 02, 842 ASU 2016 08, 606 ASU 2016 10, 606 ASU 2016 12, 606 In August 2015, 2015 14, 2014 09 one first December 15, 2017. Subsequently, in March 2016, 2016 08, April 2016, 2016 10, Additionally, in May 2016, 2016 12, The revenues which are within the scope of this standard include other ancillary income earned through the Company’s operating properties as well as fees for services performed at various unconsolidated joint ventures which the Company manages. These fees primarily include property and asset management fees, leasing fees, development fees and property acquisition/disposition fees. The Company believes the timing of recognition and amount of these revenues will be generally consistent with the previous recognition and measurement. See above for impact from the adoption of this ASU. ASU 2016 18, Statement of Cash Flows (Topic 230 Restricted Cash This amendment requires entities to show the changes in the total of cash, cash equivalents, restricted cash, and restricted cash equivalents in the statement of cash flows. The amendment should be applied using a retrospective transition method to each period presented. January 1, 2018 There was no |