Document And Entity Information
Document And Entity Information - USD ($) | 12 Months Ended | ||
Dec. 31, 2022 | Feb. 10, 2023 | Jun. 30, 2022 | |
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 | 2022 | ||
Document Type | 10-K | ||
Document Annual Report | true | ||
Document Period End Date | Dec. 31, 2022 | ||
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 | ||
Entity Shell Company | false | ||
Entity Public Float | $ 12,000,000,000 | ||
Entity Common Stock, Shares Outstanding | 618,609,347 | ||
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 | ||
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 | ||
Entity Shell Company | false | ||
Class M Cumulative Redeemable Preferred Stock Depositary Shares [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 Depositary Shares[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, 2022 | Dec. 31, 2021 | ||
Assets: | ||||
Land | $ 4,124,542 | $ 3,984,447 | ||
Building and improvements | 14,332,700 | 14,067,824 | ||
Real estate | 18,457,242 | 18,052,271 | ||
Less: accumulated depreciation and amortization | [1] | (3,417,414) | (3,010,699) | |
Total real estate, net | 15,039,828 | 15,041,572 | ||
Investments in and advances to real estate joint ventures | 1,100,000 | 1,000,000 | ||
Cash and cash equivalents | 149,829 | 334,663 | ||
Marketable securities | 597,732 | 1,211,739 | ||
Accounts and notes receivable, net | 304,226 | 254,677 | ||
Deferred charges and prepaid expenses | 147,863 | 144,461 | ||
Operating lease right-of-use assets, net | 133,733 | 147,458 | ||
Other assets | 253,779 | 195,715 | ||
Total assets | [2] | 17,826,122 | 18,459,199 | |
Liabilities: | ||||
Notes payable, net | 6,780,969 | 7,027,050 | ||
Mortgages payable, net | 376,917 | 448,652 | ||
Accounts payable and accrued expenses | 207,815 | 220,308 | ||
Dividends payable | 5,326 | 5,366 | ||
Operating lease liabilities | 113,679 | [3] | 123,779 | |
Other liabilities | 601,574 | 510,382 | ||
Total liabilities | [4] | 8,086,280 | 8,335,537 | |
Redeemable noncontrolling interests | 92,933 | 13,480 | ||
Commitments and contingencies (Footnote 22) | ||||
Stockholders' equity: | ||||
Preferred stock, $1.00 par value, authorized 7,054,000 shares; issued and outstanding (in series) 19,435 and 19,580 shares, respectively; aggregate liquidation preference $485,868 and $489,500, respectively | 19 | 20 | ||
Common stock, $.01 par value, authorized 750,000,000 shares; issued and outstanding 618,483,565 and 616,658,593 shares, respectively | 6,185 | 6,167 | ||
Paid-in capital | 9,618,271 | 9,591,871 | ||
Retained earnings | (119,548) | 299,115 | ||
Accumulated other comprehensive income | 10,581 | 2,216 | ||
Total stockholders' equity | 9,515,508 | 9,899,389 | ||
Noncontrolling interests | 131,401 | 210,793 | ||
Total equity | 9,646,909 | 10,110,182 | ||
Total liabilities and equity | 17,826,122 | 18,459,199 | ||
Investments in and Advances to Real Estate Joint Ventures [Member] | ||||
Assets: | ||||
Investments in and advances to real estate joint ventures | 1,091,551 | 1,006,899 | ||
Other Real Estate Investments [Member] | ||||
Assets: | ||||
Other investments | $ 107,581 | $ 122,015 | ||
[1]At December 31, 2022 and 2021, the Company had accumulated amortization relating to in-place leases and above-market leases aggregating $671,794 and $569,648, respectively.[2]Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021 of $88,949 and $227,858, respectively. See Footnote 13 of the Notes to Condensed 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 September 30, 2022 and December 31, 2021 of $100,291 and $153,924, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements. |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parentheticals) - USD ($) | Dec. 31, 2022 | Dec. 31, 2021 | |
Total assets | [1] | $ 17,826,122,000 | $ 18,459,199,000 |
Total liabilities | [2] | $ 8,086,280,000 | $ 8,335,537,000 |
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) | 19,435 | 19,580 | |
Preferred stock, shares outstanding (in shares) | 19,435 | 19,580 | |
Preferred stock, liquidation preference | $ 485,868 | $ 489,500 | |
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) | 618,483,565 | 616,658,593 | |
Common stock, shares outstanding (in shares) | 618,483,565 | 616,658,593 | |
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member] | |||
Total liabilities | $ 199,100,000 | $ 153,900,000 | |
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member] | |||
Total assets | $ 436,600,000 | $ 227,900,000 | |
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021 of $88,949 and $227,858, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements.[2]Includes non-recourse liabilities of consolidated VIEs at September 30, 2022 and December 31, 2021 of $100,291 and $153,924, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements. |
Consolidated Statements of Inco
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Revenues | ||||
Revenues from rental properties, net | $ 1,710,848 | $ 1,349,702 | $ 1,044,888 | |
Management and other fee income | 16,836 | 14,883 | 13,005 | |
Total revenues | 1,727,684 | 1,364,585 | 1,057,893 | |
Operating expenses | ||||
Rent | (15,811) | (13,773) | (11,270) | |
Real estate taxes | (224,729) | (181,256) | (157,661) | |
Operating and maintenance | (290,367) | (222,882) | (174,038) | |
General and administrative | (119,534) | (104,121) | (93,217) | |
Impairment charges | (21,958) | (3,597) | (6,624) | |
Merger charges | 0 | (50,191) | 0 | |
Depreciation and amortization | (505,000) | (395,320) | (288,955) | |
Total operating expenses | (1,177,399) | (971,140) | (731,765) | |
Gain on sale of properties | 15,179 | 30,841 | 6,484 | |
Operating income | 565,464 | 424,286 | 332,612 | |
Other income/(expense) | ||||
Other income, net | 28,829 | 19,810 | 4,119 | |
(Loss)/gain on marketable securities, net | (315,508) | 505,163 | 594,753 | |
Gain on sale of cost method investment | 0 | 0 | 190,832 | |
Interest expense | (226,823) | (204,133) | (186,904) | |
Early extinguishment of debt charges | (7,658) | 0 | (7,538) | |
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net | 44,304 | 745,126 | 927,874 | |
Provision for income taxes, net | (56,654) | (3,380) | (978) | |
Net income | 114,534 | 849,696 | 1,002,877 | |
Net loss/(income) attributable to noncontrolling interests | 11,442 | (5,637) | (2,044) | |
Net income attributable to the Company | 125,976 | 844,059 | 1,000,833 | |
Preferred dividends | (25,218) | (25,416) | (25,416) | |
Net income available to the Company's common shareholders | $ 100,758 | $ 818,643 | $ 975,417 | |
Per common share: | ||||
-Basic (in dollars per share) | $ 0.16 | $ 1.61 | $ 2.26 | |
-Diluted (in dollars per share) | $ 0.16 | $ 1.60 | $ 2.25 | |
Weighted average shares: | ||||
-Basic (in shares) | 615,528 | 506,248 | 429,950 | |
-Diluted (in shares) | [1] | 617,858 | 511,385 | 431,633 |
Joint Ventures [Member] | ||||
Other income/(expense) | ||||
Equity in income, net | $ 109,481 | $ 84,778 | $ 47,353 | |
Other Real Estate Investments [Member] | ||||
Other income/(expense) | ||||
Equity in income, net | $ 17,403 | $ 23,172 | $ 28,628 | |
[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, 0 million and 1.2 million stock options that were not dilutive as of December 31, 2022, 2021 and 2020, respectively. |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Net income | $ 114,534 | $ 849,696 | $ 1,002,877 |
Other comprehensive income: | |||
Change in unrealized gains related to defined benefit plan | 8,365 | 2,216 | 0 |
Other comprehensive income | 8,365 | 2,216 | 0 |
Comprehensive income | 122,899 | 851,912 | 1,002,877 |
Comprehensive loss/(income) attributable to noncontrolling interests | 11,442 | (5,637) | (2,044) |
Comprehensive income attributable to the Company | $ 134,341 | $ 846,275 | $ 1,000,833 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity - USD ($) $ in Thousands | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Parent [Member] | Noncontrolling Interest [Member] | Total | |
Balance at Dec. 31, 2019 | $ (904,679) | $ 0 | $ 20 | $ 4,318 | $ 5,765,233 | $ 4,864,892 | $ 64,015 | $ 4,928,907 | |
Balance (in shares) at Dec. 31, 2019 | 20,000 | 431,815,000 | |||||||
Contributions from noncontrolling interests | 0 | 0 | $ 0 | $ 0 | 0 | 0 | 149 | 149 | |
Net income (loss) | 1,000,833 | 0 | 0 | 0 | 0 | 1,000,833 | 2,044 | 1,002,877 | |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 0 | 0 | (1,022) | (1,022) | |
Dividends declared to common and preferred shares | (258,966) | 0 | 0 | 0 | 0 | (258,966) | 0 | (258,966) | |
Distributions to noncontrolling interests | 0 | 0 | 0 | 0 | 0 | 0 | (1,705) | (1,705) | |
Issuance of common stock | 0 | 0 | $ 0 | $ 9 | (9) | 0 | 0 | 0 | |
Issuance of common stock (in shares) | 0 | 944,000 | |||||||
Surrender of restricted common stock | 0 | 0 | $ 0 | $ (3) | (5,392) | (5,395) | 0 | (5,395) | |
Surrender of restricted common stock (in shares) | 0 | (303,000) | |||||||
Exercise of common stock options | 0 | 0 | $ 0 | $ 1 | 980 | 981 | 0 | $ 981 | |
Exercise of common stock options (in shares) | 0 | 63,000 | 63,365 | ||||||
Amortization of equity awards | 0 | 0 | $ 0 | $ 0 | 22,887 | 22,887 | 0 | $ 22,887 | |
Acquisition of noncontrolling interests | 0 | 0 | 0 | 0 | (19,348) | (19,348) | (1,271) | (20,619) | |
Adjustment of redeemable noncontrolling interests to estimated fair value | 0 | 0 | 0 | 0 | 2,160 | 2,160 | 0 | 2,160 | |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 0 | 0 | 1,022 | 1,022 | |
Balance at Dec. 31, 2020 | (162,812) | 0 | $ 20 | $ 4,325 | 5,766,511 | 5,608,044 | 62,210 | 5,670,254 | |
Balance (in shares) at Dec. 31, 2020 | 20,000 | 432,519,000 | |||||||
Net income (loss) | 844,059 | 0 | $ 0 | $ 0 | 0 | 844,059 | 5,637 | 849,696 | |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 0 | 0 | (751) | (751) | |
Dividends declared to common and preferred shares | (382,132) | 0 | 0 | 0 | 0 | (382,132) | 0 | (382,132) | |
Distributions to noncontrolling interests | 0 | 0 | 0 | 0 | 0 | 0 | (28,707) | (28,707) | |
Issuance of common stock | 0 | 0 | $ 0 | $ 50 | 76,879 | 76,929 | 0 | 76,929 | |
Issuance of common stock (in shares) | 0 | 4,958,000 | |||||||
Exercise of common stock options | 0 | 0 | $ 0 | $ 3 | 6,057 | 6,060 | 0 | $ 6,060 | |
Exercise of common stock options (in shares) | 0 | 316,000 | 315,750 | ||||||
Amortization of equity awards | 0 | 0 | $ 0 | $ 0 | 22,543 | 22,543 | 0 | $ 22,543 | |
Adjustment of redeemable noncontrolling interests to estimated fair value | 0 | 0 | 0 | 0 | 2,304 | 2,304 | 0 | 2,304 | |
Change in unrealized gains related to defined benefit plan | 0 | 2,216 | 0 | 0 | 0 | 2,216 | 0 | 2,216 | |
Issuance of common stock for merger (1) | [1] | 0 | 0 | $ 0 | $ 1,799 | 3,736,936 | 3,738,735 | 0 | 3,738,735 |
Issuance of common stock for merger (1) (in shares) | [1] | 0 | 179,920,000 | ||||||
Surrender of common stock for taxes | 0 | 0 | $ 0 | $ (11) | (20,898) | (20,909) | 0 | (20,909) | |
Surrender of common stock for taxes (in shares) | 0 | (1,127,000) | |||||||
Noncontrolling interests assumed from the merger (1) | [1] | 0 | 0 | $ 0 | $ 0 | 0 | 0 | 177,039 | 177,039 |
Redemption/conversion of noncontrolling interests | 0 | 0 | $ 0 | $ 1 | 1,539 | 1,540 | (4,635) | (3,095) | |
Redemption/conversion of noncontrolling interests (in shares) | 0 | 73,000 | |||||||
Redeemable noncontrolling interests income | 0 | 0 | $ 0 | $ 0 | 0 | 0 | 751 | 751 | |
Balance at Dec. 31, 2021 | 299,115 | 2,216 | $ 20 | $ 6,167 | 9,591,871 | 9,899,389 | 210,793 | 10,110,182 | |
Balance (in shares) at Dec. 31, 2021 | 20,000 | 616,659,000 | |||||||
Contributions from noncontrolling interests | 0 | 0 | $ 0 | $ 0 | 0 | 0 | 891 | 891 | |
Net income (loss) | 125,976 | 0 | 0 | 0 | 0 | 125,976 | (11,442) | 114,534 | |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 0 | 0 | 1,770 | 1,770 | |
Dividends declared to common and preferred shares | (544,703) | 0 | 0 | 0 | 0 | (544,703) | 0 | (544,703) | |
Distributions to noncontrolling interests | 0 | 0 | 0 | 0 | 0 | 0 | (65,232) | (65,232) | |
Issuance of common stock | 0 | 0 | $ 0 | $ 22 | 11,259 | 11,281 | 0 | 11,281 | |
Issuance of common stock (in shares) | 0 | 2,162,000 | |||||||
Surrender of restricted common stock | 0 | 0 | $ 0 | $ (6) | (13,784) | (13,790) | 0 | (13,790) | |
Surrender of restricted common stock (in shares) | 0 | (616,000) | |||||||
Exercise of common stock options | 0 | 0 | $ 0 | $ 1 | 4,231 | 4,232 | 0 | $ 4,232 | |
Exercise of common stock options (in shares) | 0 | 206,000 | 205,871 | ||||||
Amortization of equity awards | 0 | 0 | $ 0 | $ 0 | 26,602 | 26,602 | 0 | $ 26,602 | |
Change in unrealized gains related to defined benefit plan | 0 | 8,365 | 0 | 0 | 0 | 8,365 | 0 | 8,365 | |
Redemption/conversion of noncontrolling interests | 0 | 0 | 0 | 1 | 1,597 | 1,598 | (1,839) | (241) | |
Redeemable noncontrolling interests income | 0 | 0 | 0 | 0 | 0 | 0 | (1,770) | (1,770) | |
Repurchase of preferred stock | 64 | 0 | $ (1) | $ 0 | (3,505) | (3,442) | 0 | (3,442) | |
Repurchase of preferred stock (in shares) | (1,000) | 0 | |||||||
Balance at Dec. 31, 2022 | $ (119,548) | $ 10,581 | $ 19 | $ 6,185 | $ 9,618,271 | $ 9,515,508 | $ 131,401 | $ 9,646,909 | |
Balance (in shares) at Dec. 31, 2022 | 19,000 | 618,484,000 | |||||||
[1]See Footnotes 1 and 2 of the Notes to Consolidated Financial Statements for further details. |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Cash flow from operating activities: | |||
Net income | $ 114,534 | $ 849,696 | $ 1,002,877 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Depreciation and amortization | 505,000 | 395,320 | 288,955 |
Impairment charges | 21,958 | 3,597 | 6,624 |
Straight-line rental income adjustments, net | (33,794) | (22,627) | 5,914 |
Amortization of above-market and below-market leases, net | (13,591) | (14,843) | (22,515) |
Amortization of deferred financing costs and fair value debt adjustments, net | (28,631) | (9,445) | 6,312 |
Early extinguishment of debt charges | 7,658 | 0 | 7,538 |
Equity award expense | 26,639 | 23,150 | 23,685 |
Gain on sale of properties | (15,179) | (30,841) | (6,484) |
Loss/(gain) on marketable securities, net | 315,508 | (505,163) | (594,753) |
Gain on sale of cost method investment | 0 | 0 | (190,832) |
Distributions from joint ventures and other investments | 83,553 | 91,507 | 149,022 |
Change in accounts and notes receivable, net | (9,104) | 4,548 | (6,473) |
Change in accounts payable and accrued expenses | 37,655 | (104,712) | 5,576 |
Change in other operating assets and liabilities, net | (24,208) | 46,638 | (9,552) |
Net cash flow provided by operating activities | 861,114 | 618,875 | 589,913 |
Cash flow from investing activities: | |||
Acquisition of operating real estate and other related net assets | (300,772) | (355,953) | (12,644) |
Improvements to operating real estate | (193,710) | (163,699) | (221,278) |
Improvements to real estate under development | 0 | 0 | (22,358) |
Acquisition of Weingarten Realty Investors, net of cash acquired of $56,451 | 0 | (263,973) | 0 |
Investment in marketable securities | (4,003) | 0 | 0 |
Proceeds from sale of marketable securities | 302,504 | 377 | 931 |
Investment in cost method investments | (4,524) | 0 | 0 |
Proceeds from sale of cost method investment | 0 | 0 | 227,270 |
Investments in and advances to real estate joint ventures | (87,301) | (12,571) | (15,882) |
Reimbursements of investments in and advances to real estate joint ventures | 37,571 | 47,862 | 4,499 |
Investments in and advances to other investments | (17,432) | (67,090) | (15,418) |
Reimbursements of investments in and advances to other investments | 30,855 | 64,068 | 13,435 |
Investment in mortgage and other financing receivables | (75,063) | (41,897) | (25,000) |
Collection of mortgage and other financing receivables | 60,306 | 13,776 | 177 |
Proceeds from sale of properties | 184,294 | 302,841 | 30,545 |
Proceeds from insurance casualty claims | 0 | 0 | 2,450 |
Principal payments from securities held-to-maturity | 4,058 | 0 | 0 |
Net cash flow used for investing activities | (63,217) | (476,259) | (33,273) |
Cash flow from financing activities: | |||
Principal payments on debt, excluding normal amortization of rental property debt | (157,928) | (229,288) | (158,556) |
Principal payments on rental property debt | (9,808) | (10,622) | (10,693) |
Proceeds from mortgage loan financings | 19,000 | 0 | 0 |
Repayments from the unsecured revolving credit facility, net | 0 | 0 | (200,000) |
Financing origination costs | (20,326) | (8,197) | (18,040) |
Payment of early extinguishment of debt charges | (6,955) | 0 | (7,538) |
Contributions from noncontrolling interests | 891 | 0 | 149 |
Redemption/distribution of noncontrolling interests | (67,453) | (34,610) | (23,345) |
Dividends paid | (544,740) | (382,132) | (379,874) |
Proceeds from issuance of stock, net | 15,513 | 82,989 | 981 |
Repurchase of preferred stock | (3,441) | 0 | 0 |
Shares repurchased for employee tax withholding on equity awards | (13,679) | (20,842) | (5,379) |
Change in tenants' security deposits | 5,255 | 1,561 | (199) |
Net cash flow used for financing activities | (982,731) | (101,141) | (387,399) |
Net change in cash, cash equivalents and restricted cash | (184,834) | 41,475 | 169,241 |
Cash, cash equivalents and restricted cash, beginning of year | 334,663 | 293,188 | 123,947 |
Cash, cash equivalents and restricted cash, end of year | 149,829 | 334,663 | 293,188 |
Interest paid during the year including payment of early extinguishment of debt charges of $6,955, $0 and $7,538, respectively (net of capitalized interest of $668, $583 and $13,683, respectively) | 257,979 | 197,947 | 183,558 |
Income taxes paid during the year (net of refunds received of $0, $0 and $47, respectively) | 11,869 | 1,961 | 747 |
Term Loan [Member] | |||
Cash flow from financing activities: | |||
Proceeds from issuance of unsecured debt | 0 | 0 | 590,000 |
Repayments of unsecured debt | 0 | 0 | (590,000) |
Senior Unsecured Notes [Member] | |||
Cash flow from financing activities: | |||
Proceeds from issuance of unsecured debt | 1,250,000 | 500,000 | 900,000 |
Repayments of unsecured debt | (1,449,060) | 0 | (484,905) |
Joint Ventures [Member] | |||
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Equity in income, net | (109,481) | (84,778) | (47,353) |
Other Real Estate Investments [Member] | |||
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Equity in income, net | $ (17,403) | $ (23,172) | $ (28,628) |
Consolidated Statements of Ca_2
Consolidated Statements of Cash Flows (Parentheticals) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Early extinguishment of debt charges payments | $ 6,955 | $ 0 | $ 7,538 |
Cash paid for capitalized interest | 668 | 583 | 13,683 |
Refunds received | $ 0 | $ 0 | $ 47 |
Note 1 - Summary of Significant
Note 1 - Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 1. Summary of Significant Accounting Policies: Business and Organization The Company operates as a Real Estate Investment Trust (“REIT”) and is engaged principally in the ownership, management, development and operation of open-air shopping centers, which are anchored primarily by grocery stores, off-price retailers, discounters or service-oriented tenants. Additionally, the Company provides complementary services that capitalize on the Company’s established retail real estate expertise. The Company evaluates performance on a property specific or transactional basis and does not The Company has elected to be taxed as a REIT for federal income tax purposes under the Internal Revenue Code of 1986, In January 2023, 29 Weingarten Merger On August 3, 2021, April 15, 2021. 2021, 2 Economic Conditions The economy continues to face several issues including the lack of qualified employees, inflation risk, supply chain issues and new COVID- 19 may Basis of Presentation The accompanying 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. 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 Footnote 29 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 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 to 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 properties, consistent with its core business. These joint ventures typically obtain non-recourse third may December 31, 2022, 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 $2.9 million and $9.0 million at December 31, 2022 2021, December 31, 2021. 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 defers certain loan origination and commitment fees, net of certain origination costs and amortizes them as an adjustment of the loan’s yield over the term of the related loan. The Company 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 Interest income on performing loans is accrued as earned. A non-performing loan is placed on non-accrual status when it is probable that the borrower may 90 Tax Incremental 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 were acquired in connection with the Merger, 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, 2022 2021, no The Company’s primary source 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 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 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 included (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. two 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 11 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 28 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 23 Reclassifications Certain amounts in the prior period have been reclassified in order to conform to the current period’s presentation. For comparative purposes, the Company reclassified $5.7 million of land held for development from Real estate under development to Land on the Company’s Consolidated Balance Sheets at December 31, 2021. December 31, 2021 2020, 2021 2020 Operating activities: Straight-line rental income adjustments, net $ (22.6 ) $ 5.9 Amortization of amortization of above-market and below-market leases, net $ (14.8 ) $ (22.5 ) Amortization of deferred financing costs and fair value debt adjustments, net $ (9.4 ) $ 6.3 Change in accounts and notes receivable, net $ 22.6 $ (5.9 ) Change in other operating assets and liabilities, net $ 24.2 $ 16.2 Financing activities: Change in other financing liabilities $ - $ 5.6 Shares repurchased for employee tax withholdings on equity awards $ - $ (5.4 ) Change in tenant’s security deposits $ - $ (0.2 ) New Accounting Pronouncements The following table represents ASUs to the FASB’s ASCs that, as of December 31, 2022, 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 is assessing the impact this ASU will have on the Company’s financial position and/or results of operations. 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 is not The following ASUs to the FASB’s ASCs have 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 05, 842 This ASU amends the lessor lease classification in ASC 842 not not 842 1 January 1, 2022 The adoption of this ASU did not ASU 2020 04, 848 2022 06, 848 In March 2020, 2020 04, 848 2020 04" 2020 04 2020 04 may In December 2022, 2022 06, 848 2022 06” 2020 04 December 31, 2024. 2022 06 March 2020 December 31, 2024 ASU 2020 04 not 2022 06 no December 31, 2022. |
Note 2 - Weingarten Merger
Note 2 - Weingarten Merger | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Business Combination Disclosure [Text Block] | 4. Property Acquisitions: Acquisition/Consolidation of Operating Properties During the year ended December 31, 2022, Purchase Price Property Name Location Month 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 $ 135,633 $ 524,892 934 * Gross leasable area ("GLA") ( 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 these units of $56.0 million. See Footnotes 15 16 During the year ended December 31, 2021, 2 Purchase Price Property Name Location Month Acquired/ Consolidated Cash Debt Other Total GLA Distribution Center #1 (1) Lancaster, CA Jan-21 $ 58,723 $ - $ 11,277 $ 70,000 927 Distribution Center #2 (1) Woodland, CA Jan-21 27,589 - 6,411 34,000 508 Jamestown Portfolio (6 properties) (2) Various Oct-21 172,899 170,000 87,094 429,993 1,226 KimPru Portfolio (2 properties) (2) Various Oct-21 61,705 64,169 15,212 141,086 478 Columbia Crossing Parcel Columbia, MD Oct-21 12,600 - - 12,600 45 Centro Arlington (2) Arlington, VA Nov-21 24,178 - 184,850 209,028 72 $ 357,694 $ 234,169 $ 304,844 $ 896,707 3,256 ( 1 Other consists of the fair value of the assets acquired which exceeded the purchase price upon closing. The transaction was a sale-leaseback with the seller which resulted in the recognition of a prepayment of rent of $17.7 million in accordance with ASC 842, 16 ( 2 Other includes the Company’s previously held equity investments and net gains on change in control. The Company evaluated these transactions pursuant to the FASB’s Consolidation guidance and as a result, recognized net gains on change in control of interests of $5.0 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 Income. The Company previously held an ownership interest of 30.0% in Jamestown Portfolio, 15.0% in KimPru Portfolio and 90.0% in Centro Arlington. Included in the Company’s Consolidated Statements of Income are $9.1 million and $10.3 million in total revenues from the date of acquisition through December 31, 2022 2021, 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, 2022 2021, Allocation as of December 31, 2022 Weighted- Average Useful Life (in Years) Allocation as of December 31, 2021 Weighted- Average Useful Life (in Years) Land $ 207,067 n/a $ 154,320 n/a Buildings 271,525 50.0 679,646 50.0 Building improvements 13,273 45.0 18,476 45.0 Tenant improvements 11,689 7.9 16,391 8.5 Solar panels 2,308 20.0 - n/a In-place leases 28,405 6.9 48,648 9.1 Above-market leases 8,408 8.3 6,581 6.5 Below-market leases (24,069 ) 16.1 (39,712 ) 38.9 Mortgage fair value adjustment 9,430 6.5 - n/a Other assets - n/a 21,331 n/a Other liabilities (3,144) n/a (8,974 ) n/a Net assets acquired/consolidated $ 524,892 $ 896,707 |
Weingarten Realty Investors [Member] | |
Notes to Financial Statements | |
Business Combination Disclosure [Text Block] | 2. Weingarten Merger Overview On August 3, 2021, August 3, 2021, not third August 3, 2021 Weingarten common shares outstanding as of August 3, 2021 127,784,006 Exchange ratio 1.408 Kimco common stock issued 179,919,880 The following table presents the purchase price and the total value of stock consideration paid by Kimco at the close of the Merger (in thousands except share price of Kimco common stock): Price of Kimco Common Stock Equity Consideration Given (Kimco Shares Issued) Calculated Value of Weingarten Consideration Cash Consideration * Total Value of Consideration As of August 3, 2021 $ 20.78 179,920 $ 3,738,735 $ 320,424 $ 4,059,159 * Amount includes additional consideration of $39.3 million relating to reimbursements paid by the Company to Weingarten at the closing of the Merger for transaction costs incurred by Weingarten. As a result of the Merger, Kimco acquired 149 properties, including 30 held through joint venture programs. The consolidated net assets and results of operations of Weingarten are included in the consolidated financial statements from the closing date, August 3, 2021. Purchase Price Allocation In accordance with ASC 805 10, The fair value of the real estate assets acquired were determined using either (i) a direct capitalization method, (ii) a discounted cash flow analysis or (iii) estimated sales prices from signed contracts or letters of intent from third 3 The discounted cash flow analyses were based on estimated future cash flow projections that utilize discount rates, terminal capitalization rates and planned capital expenditures. These estimates approximate the inputs the Company believes would be utilized by market participants in assessing fair value. The estimates of future cash flow projections are based on a number of factors, including historical operating results, estimated growth rates, known and anticipated trends, fair market lease rates and market/economic conditions. Capitalization and discount rates utilized to derive the fair values ranged from 6.00% to 8.25% and 6.75% to 9.00%, respectively. The Company allocated the purchase price of the 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. The Company values above and below-market lease intangibles based on estimates of market rent compared to contractual rents over expected lease terms using an appropriate discount rate. In-place leases are valued based on the costs to obtain new leases and an estimate of lost revenues and expenses over an anticipated lease up term. The Company determined that this valuation methodology is classified within Level 2 3 The Company determined the fair value of unsecured debt assumed using current market-based pricing and interest rate yields for similar debt instruments. The Company determined the fair value of secured debt assumed by calculating the net present value of the scheduled debt service payments using current market-based terms for interest rates for debt with similar terms that the Company believes it could obtain on similar structures and maturities. For the fair value of secured debt assumed, weighted average credit spreads utilized were 3.33% and London Inter-bank Offered Rate (“LIBOR”) + 2.14% for the fixed and floating rate debt, respectively. Any difference between the fair value and stated value of the assumed debt is recorded as a discount or premium and amortized over the remaining term of the loan. Finance lease obligations assumed are measured at fair value and are included as a liability on the accompanying balance sheet and the Company recorded the corresponding right-of-use assets. The Company determined that the valuation methodology used for its unsecured debt is classified within Level 2 3 The following table summarizes the final purchase price allocation, including the acquisition date fair value of the tangible and intangible assets acquired and liabilities assumed (in thousands): Purchase Price Allocation Land $ 1,174,407 Building and improvements 4,040,244 In-place leases 370,685 Above-market leases 42,133 Real estate assets 5,627,469 Investments in and advances to real estate joint ventures 585,382 Cash, accounts receivable and other assets 241,582 Total assets acquired 6,454,433 Notes payable (1,497,632 ) Mortgages payable (317,671 ) Accounts payable and other liabilities (283,559 ) Below-market leases (119,373 ) Noncontrolling interests (177,039 ) Total liabilities assumed (2,395,274 ) Total purchase price $ 4,059,159 The following table details the weighted average amortization periods, in years, of the purchase price allocated to real estate and related intangible assets and liabilities acquired arising from the Merger: Weighted Average Amortization Period (in Years) Land n/a Building 50.0 Building improvements 45.0 Tenant improvements 7.1 Fixtures and leasehold improvements 6.2 In-place leases 5.6 Above-market leases 10.1 Below-market leases 31.5 Right-of-use intangible assets 30.9 Fair market value of debt adjustment 3.7 Revenues from rental properties, net and Net income available to the Company’s common shareholders in the Company’s Consolidated Statements of Income includes revenues of $198.3 million and net income of $25.8 million (excluding $50.2 million of merger related charges), respectively, resulting from the Merger for the year ended December 31, 2021. Pro forma Information (Unaudited) The pro forma financial information set forth below is based upon the Company’s historical Consolidated Statements of Income for the years ended December 31, 2021 2020, January 1, 2020. may not Year Ended December 31, 2021 2020 Revenues from rental properties, net $ 2,341.4 $ 2,234.9 Net income (1) $ 1,114.6 $ 1,193.1 Net income available to the Company’s common shareholders (1) $ 1,084.1 $ 1,166.3 ( 1 The pro forma earnings for the year ended December 31, 2021 December 31, 2020 |
Note 3 - Real Estate
Note 3 - Real Estate | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Real Estate Disclosure [Text Block] | 3. Real Estate: The Company’s components of Real estate, net consist of the following (in thousands): December 31, 2022 2021 Land: Developed land $ 4,102,542 $ 3,962,447 Undeveloped land 16,328 16,328 Land held for development 5,672 5,672 Total land 4,124,542 3,984,447 Buildings and improvements: Buildings 10,158,588 10,042,225 Building improvements 2,080,437 1,999,319 Tenant improvements 1,046,969 987,216 Fixtures and leasehold improvements 36,627 31,421 Above-market leases 170,211 166,840 In-place leases 839,868 840,803 Total buildings and improvements 14,332,700 14,067,824 Real estate 18,457,242 18,052,271 Accumulated depreciation and amortization (1) (3,417,414 ) (3,010,699 ) Total real estate, net $ 15,039,828 $ 15,041,572 ( 1 At December 31, 2022 2021, In addition, at December 31, 2022 2021, The Company’s amortization associated with above-market and below-market leases for the years ended December 31, 2022, 2021 2020 December 31, 2022, 2021 2020 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 2023 2024 2025 2026 2027 Above-market and below-market leases amortization, net $ 11.0 $ 12.8 $ 13.2 $ 14.0 $ 13.5 In-place leases amortization $ (83.5 ) $ (56.5 ) $ (39.6 ) $ (28.1 ) $ (21.0 ) |
Note 4 - Property Acquisitions
Note 4 - Property Acquisitions | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Business Combination Disclosure [Text Block] | 4. Property Acquisitions: Acquisition/Consolidation of Operating Properties During the year ended December 31, 2022, Purchase Price Property Name Location Month 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 $ 135,633 $ 524,892 934 * Gross leasable area ("GLA") ( 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 these units of $56.0 million. See Footnotes 15 16 During the year ended December 31, 2021, 2 Purchase Price Property Name Location Month Acquired/ Consolidated Cash Debt Other Total GLA Distribution Center #1 (1) Lancaster, CA Jan-21 $ 58,723 $ - $ 11,277 $ 70,000 927 Distribution Center #2 (1) Woodland, CA Jan-21 27,589 - 6,411 34,000 508 Jamestown Portfolio (6 properties) (2) Various Oct-21 172,899 170,000 87,094 429,993 1,226 KimPru Portfolio (2 properties) (2) Various Oct-21 61,705 64,169 15,212 141,086 478 Columbia Crossing Parcel Columbia, MD Oct-21 12,600 - - 12,600 45 Centro Arlington (2) Arlington, VA Nov-21 24,178 - 184,850 209,028 72 $ 357,694 $ 234,169 $ 304,844 $ 896,707 3,256 ( 1 Other consists of the fair value of the assets acquired which exceeded the purchase price upon closing. The transaction was a sale-leaseback with the seller which resulted in the recognition of a prepayment of rent of $17.7 million in accordance with ASC 842, 16 ( 2 Other includes the Company’s previously held equity investments and net gains on change in control. The Company evaluated these transactions pursuant to the FASB’s Consolidation guidance and as a result, recognized net gains on change in control of interests of $5.0 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 Income. The Company previously held an ownership interest of 30.0% in Jamestown Portfolio, 15.0% in KimPru Portfolio and 90.0% in Centro Arlington. Included in the Company’s Consolidated Statements of Income are $9.1 million and $10.3 million in total revenues from the date of acquisition through December 31, 2022 2021, 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, 2022 2021, Allocation as of December 31, 2022 Weighted- Average Useful Life (in Years) Allocation as of December 31, 2021 Weighted- Average Useful Life (in Years) Land $ 207,067 n/a $ 154,320 n/a Buildings 271,525 50.0 679,646 50.0 Building improvements 13,273 45.0 18,476 45.0 Tenant improvements 11,689 7.9 16,391 8.5 Solar panels 2,308 20.0 - n/a In-place leases 28,405 6.9 48,648 9.1 Above-market leases 8,408 8.3 6,581 6.5 Below-market leases (24,069 ) 16.1 (39,712 ) 38.9 Mortgage fair value adjustment 9,430 6.5 - n/a Other assets - n/a 21,331 n/a Other liabilities (3,144) n/a (8,974 ) n/a Net assets acquired/consolidated $ 524,892 $ 896,707 |
Note 5 - Dispositions of Real E
Note 5 - Dispositions of Real Estate | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Mergers, Acquisitions and Dispositions Disclosures [Text Block] | 5. 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, 2022 2021 2020 Aggregate sales price/gross fair value (1) $ 191.1 $ 612.4 $ 31.8 Gain on sale of properties (1) (2) $ 15.2 $ 30.8 $ 6.5 Number of operating properties sold/deconsolidated (1) 9 13 3 Number of parcels sold 13 10 4 ( 1 During 2021, no six ( 2 For the years ended December 31, 2022 2021 |
Note 6 - Impairments
Note 6 - Impairments | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Asset Impairment Charges [Text Block] | 6. 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 18 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, 2022, 2021 2020 2022 2021 2020 Properties marketed for sale (1) $ 21.6 $ 2.7 $ 5.5 Properties disposed/deeded in lieu/foreclosed - - 1.1 Other impairments 0.4 0.9 - Total impairment charges $ 22.0 $ 3.6 $ 6.6 ( 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. 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 $4.6 million, $2.9 million and $0.8 million for the years ended December 31, 2022, 2021 2020, 7 |
Note 7 - Investment In and Adva
Note 7 - Investment In and Advances to Real Estate Joint Ventures | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Investments and Advances In Real Estate Joint Ventures [Text Block] | 7. 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, 2022 2021 Noncontrolling The Company's Investment Ownership Interest As of December 31, Joint Venture As of December 31, 2022 2022 2021 Prudential Investment Program 15.0% $ 153.6 $ 163.0 Kimco Income Opportunity Portfolio (“KIR”) (1) 52.1% 281.5 186.0 Canada Pension Plan Investment Board (“CPP”) 55.0% 190.8 165.1 Other Institutional Joint Ventures (2) Various 256.8 281.8 Other Joint Venture Programs Various 208.9 211.0 Total* $ 1,091.6 $ 1,006.9 * Representing 111 property interests and 22.4 million square feet of GLA, as of December 31, 2022, December 31, 2021. ( 1 During 2022, no ( 2 During 2021, 5 The table below presents the Company’s share of net income for these 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, 2022 2021 2020 Prudential Investment Program (1) $ 9.6 $ 17.5 $ 9.0 KIR 70.3 36.9 30.5 CPP 10.6 9.2 5.6 Other Institutional Joint Ventures 7.0 1.7 - Other Joint Venture Programs 12.0 19.5 2.3 Total $ 109.5 $ 84.8 $ 47.4 ( 1 During 2022, During 2022, nine two December 31, 2022. During 2021, December 31, 2021. In connection with the Merger, the Company acquired ownership in nine unconsolidated joint ventures, which had a fair market value of $586.2 million at the time of Merger. These joint ventures represented 30 property interests and 4.4 million square feet of GLA. In addition, during 2021, 4 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, 2022 2021 December 31, 2022 December 31, 2021 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 $ 380.1 5.20 % 33.1 $ 426.9 2.02 % 45.6 KIR 297.9 5.46 % 47.2 492.6 2.55 % 27.9 CPP 83.1 6.14 % 43.0 84.2 1.85 % 55.0 Other Institutional Joint Ventures 233.5 4.30 % 47.7 232.9 1.65 % 59.7 Other Joint Venture Programs 388.8 4.10 % 71.8 402.1 3.58 % 83.0 Total $ 1,383.4 $ 1,638.7 * Average remaining term includes extensions As of the date of the Merger, the Company acquired ownership in nine Unconsolidated Significant Subsidiaries In accordance with Rules 3 09 4 08 X, three 3 09 X 50% three 20%. 4 08 X three 10%, three 20% 10 01 1 X. As of December 31, 2022, 4 08 X. December 31, 2022 2021 Assets: Real estate, net $ 668.7 $ 769.4 Other assets, net 72.4 68.2 Total Assets $ 741.1 $ 837.6 Liabilities and Members’ Capital: Notes payable, net $ 272.9 $ 258.8 Mortgages payable, net 25.0 233.7 Other liabilities 13.9 16.2 Members’ capital 429.3 328.9 Total Liabilities and Members’ Capital $ 741.1 $ 837.6 Year Ended December 31, 2022 2021 2020 Revenues, net $ 182.5 $ 186.6 $ 173.9 Operating expenses (48.2 ) (51.3 ) (49.5 ) Depreciation and amortization (39.4 ) (40.3 ) (36.9 ) Gain on sale of properties 76.2 - - Interest expense (15.5 ) (18.1 ) (23.8 ) Other expense, net (1.2 ) (2.1 ) (1.6 ) Net income $ 154.4 $ 74.8 $ 62.1 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, 2022 2021 Assets: Real estate, net $ 3,440.1 $ 3,619.4 Other assets, net 208.4 193.8 Total Assets $ 3,648.5 $ 3,813.2 Liabilities and Members’ Capital: Notes payable, net $ 159.5 $ 199.0 Mortgages payable, net 925.9 947.2 Other liabilities 78.8 73.8 Noncontrolling interests 33.5 32.6 Members’ capital 2,450.8 2,560.6 Total Liabilities and Members’ Capital $ 3,648.5 $ 3,813.2 Year Ended December 31, 2022 2021 2020 Revenues, net $ 395.2 $ 340.3 $ 282.4 Operating expenses (126.9 ) (111.7 ) (101.9 ) Impairment charges (21.1 ) (23.5 ) (4.4 ) Depreciation and amortization (119.0 ) (97.2 ) (75.0 ) Gain on sale of properties 24.7 61.5 0.2 Interest expense (38.6 ) (27.6 ) (31.2 ) Other expense, net (6.2 ) (0.9 ) (10.8 ) Net income $ 108.1 $ 140.9 $ 59.3 Other liabilities included in the Company’s accompanying Consolidated Balance Sheets include investments in certain real estate joint ventures totaling $5.3 million and $4.8 million at December 31, 2022 2021, 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, 2022 2021, |
Note 8 - Other Investments
Note 8 - Other Investments | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Other Real Estate Investments and Other Assets [Text Block] | 8. Other Investments: The Company has provided capital to owners and developers of real estate properties and loans through its Preferred Equity program. The Company’s maximum exposure to losses associated with its preferred equity investments is primarily limited to its net investment. As of December 31, 2022, December 31, 2021, 2022 2021, During 2021, four As of December 31, 2022, one 1.5 December 31, 2022). |
Note 9 - Marketable Securities
Note 9 - Marketable Securities | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | 9. Marketable Securities The amortized cost and unrealized gains, net of marketable securities as of December 31, 2022 2021, As of December 31, 2022 As of December 31, 2021 Marketable securities: Amortized cost $ 87,411 $ 114,159 Unrealized gains, net 510,321 1,097,580 Total fair value $ 597,732 $ 1,211,739 The Company’s net gains/(losses) on marketable securities and dividend income for the years ended December 31, 2022, 2021 2020, Year Ended December 31, 2022 2021 2020 (Loss)/gain on marketable securities, net $ (315,508 ) $ 505,163 $ 594,753 Dividend income (included in Other income, net) 18,002 16,958 4,096 Albertsons Companies, Inc. ( ACI ) In October 2022, December 31, 2022, May 2023. On October 13, 2022, October 13, 2022, October 24, 2022 November 7, 2022. On November 3, 2022, State of Washington v. Albertsons Companies, Inc. et al. December 9, 2022, December 31, 2022, not December 31, 2022. On January 17, 2023, January 20, 2023, October 24, 2022. January 2023, three March 31, 2023. |
Note 10 - Accounts and Notes Re
Note 10 - Accounts and Notes Receivable | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Financing Receivables [Text Block] | 10. Accounts and Notes Receivable The components of Accounts and notes receivable, net of potentially uncollectible amounts as of December 31, 2022 2021, As of December 31, 2022 As of December 31, 2021 Billed tenant receivables $ 33,801 $ 20,970 Unbilled common area maintenance, insurance and tax reimbursements 56,001 55,283 Deferred rent receivables 1,905 5,029 Defined benefit plan receivable 14,421 6,658 Other receivables 8,361 9,067 Straight-line rent receivables 189,737 157,670 Total accounts and notes receivable, net $ 304,226 $ 254,677 |
Note 11 - Leases
Note 11 - Leases | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Lessee, Operating Leases [Text Block] | 11. 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, 2022, 2021 2020, Year Ended December 31, 2022 2021 2020 Lease income: Fixed lease income (1) $ 1,353,024 $ 1,045,888 $ 871,151 Variable lease income (2) 339,722 264,040 232,272 Above-market and below-market leases amortization, net 13,591 14,843 22,515 Adjustments for potentially uncollectible revenues and disputed amounts (3) 4,511 24,931 (81,050 ) Total lease income $ 1,710,848 $ 1,349,702 $ 1,044,888 ( 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, 2022, 2021 2020 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, 2022, 2021 2020. 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 2023 2024 2025 2026 2027 Thereafter Minimum revenues $ 1,239.4 $ 1,130.8 $ 989.9 $ 840.5 $ 674.4 $ 2,862.3 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 one In connection with the Merger, the Company obtained $32.6 million of operating right-of-use assets in exchange for new operating lease liabilities related to six properties under operating lease agreements for ground leases. In addition, the Company acquired two properties under finance leasing arrangements that consists of variable lease payments with a bargain purchase option. As a result, the Company obtained finance right-of-use assets of $23.0 million (which are included in Other assets on the Company’s Consolidated Balance Sheets) in exchange for new finance lease liabilities (which are included in Other liabilities on the Company’s Consolidated Balance Sheets). 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, 2022 Operating Leases Finance Leases Weighted-average remaining lease term (in years) 24.4 1.0 Weighted-average discount rate 6.62 % 4.44 % 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, 2022, 2021 2020, Year Ended December 31, 2022 2021 2020 Lease cost: Finance lease cost $ 1,294 $ 569 $ - Operating lease cost 12,994 11,637 10,371 Variable lease cost 4,143 3,972 2,852 Total lease cost $ 18,431 $ 16,178 $ 13,223 The table below reconciles the undiscounted cash flows for each of the first five Year Ending December 31, Operating Leases Financing Leases (1) 2023 $ 12,410 $ 22,987 2024 11,582 - 2025 11,067 - 2026 10,402 - 2027 10,118 - Thereafter 188,952 - Total minimum lease payments $ 244,531 $ 22,987 Less imputed interest (130,852 ) (962 ) Total lease liabilities (2) $ 113,679 $ 22,025 ( 1 Includes bargain purchase options exercisable in 2023 two ( 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 12 - Other Assets
Note 12 - Other Assets | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Other Assets Disclosure [Text Block] | 12. Other Assets Assets Held-For-Sale At December 31, 2022, 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, 2022, 10 The following table reconciles mortgage loans and other financing receivables from January 1, 2020 December 31, 2022 ( 2022 2021 2020 Balance at January 1, $ 73,102 $ 32,246 $ 7,829 Additions: New mortgage and other loans (1) 75,063 55,307 25,500 Deductions: Loan repayments (2) (60,211 ) (13,646 ) (25 ) Collections of principal (95 ) (130 ) (152 ) Allowance for credit losses (500 ) (370 ) (906 ) Other adjustments - (305 ) - Balance at December 31, $ 87,359 $ 73,102 $ 32,246 ( 1 During 2021, ( 2 During 2022, The Company reviews payment status to identify performing versus non-performing loans. As of December 31, 2022, Software Development Costs As of December 31, 2022 2021, December 31, 2022, 2021 2020, |
Note 13 - Notes Payable
Note 13 - Notes Payable | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 13. Notes Payable As of December 31, 2022 2021 Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2022 2021 2022 2021 December 31, 2022 Senior unsecured notes $ 6,803.0 $ 7,002.1 1.90% - 6.88% 1.90% - 6.88% Jan-2024 – Oct-2049 Credit facility (1) - - n/a n/a Mar-2024 Fair value debt adjustments, net 44.4 81.0 n/a n/a n/a Deferred financing costs, net (2) (66.4 ) (56.0 ) n/a n/a n/a $ 6,781.0 $ 7,027.1 3.45%* 3.35%* * 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% and LIBOR plus 0.765% as of December 31, 2022 2021, ( 2 As of December 31, 2022 2021, During the years ended December 31, 2022 2021, Date Issued Amount Issued Interest Rate Maturity Date Aug-22 $ 650.0 4.600% Feb-33 Feb-22 $ 600.0 3.200% Apr-32 Sept-21 $ 500.0 2.25% Dec-31 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. In connection with the Merger, the Company assumed senior unsecured notes aggregating $1.5 billion (including fair market value adjustment of $95.6 million), which had scheduled maturity dates ranging from October 2022 August 2028 The scheduled maturities of all notes payable, excluding unamortized fair value debt adjustments of $44.4 million and unamortized debt issuance costs of $66.4 million, as of December 31, 2022, 2023 2024 2025 2026 2027 Thereafter Total Principal payments $ - $ 646.2 $ 740.5 $ 773.0 $ 433.7 $ 4,209.6 $ 6,803.0 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, 2022. 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 The Company had a $2.0 billion unsecured revolving credit facility (the “Credit Facility”) with a group of banks which was set to expire in March 2024, two six March 2025. July 2022, one five December 31, 2022), December 31, 2022, no In February 2023, March 2027 two six March 2028. March 2024. 0.04% February 23, 2023, 10.20 10 |
Note 14 - Mortgages Payable
Note 14 - Mortgages Payable | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Mortgage Notes Payable Disclosure [Text Block] | 14. 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, 2022 2021, Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2022 2021 2022 2021 December 31, 2022 Mortgages payable $ 379.3 $ 439.2 3.23% - 7.23% 3.23% - 7.23% May-2023 – Jun-2031 Fair value debt adjustments, net (0.7 ) 10.8 n/a n/a n/a Deferred financing costs, net (1.7 ) (1.3 ) n/a n/a n/a $ 376.9 $ 448.7 4.16%* 4.12%* * Weighted-average interest rate During 2022, 2022, During 2021, no In addition, in connection with the Merger, the Company assumed mortgage debt of $317.7 million (including fair market value adjustment of $11.0 million) that encumbered 16 operating properties, which had scheduled maturity dates ranging from April 2022 August 2038 The scheduled principal payments (excluding any extension options available to the Company) of all mortgages payable, excluding unamortized fair value debt adjustments of $0.7 million and unamortized debt issuance costs of $1.7 million, as of December 31, 2022, 2023 2024 2025 2026 2027 Thereafter Total Principal payments $ 23.4 $ 21.5 $ 73.0 $ 7.4 $ 39.0 $ 215.0 $ 379.3 |
Note 15 - Other Liabilities
Note 15 - Other Liabilities | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Other Liabilities Disclosure [Text Block] | 15. 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% 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. The Company estimated the fair value of the derivative liability on issuance using a “with-and-without” method. The “with-and-without” methodology involves valuing the whole instrument on an as-is basis and then valuing the instrument without the individual embedded derivative. The difference between the entire instrument with the embedded derivative compared to the instrument without the embedded derivative was the fair value of the derivative liability on issuance. The analysis reflects the contractual terms of the redeemable preferred and common units and the estimated probability and timing of underlying events triggering the put and call options are inputs used to determine the estimated fair value of the embedded derivative. The Company has determined the majority of the inputs used to value its embedded derivative fall within Level 3 December 31, 2022 3 18 10 |
Note 16 - Noncontrolling Intere
Note 16 - Noncontrolling Interests and Redeemable Noncontrolling Interests | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Noncontrolling Interest Disclosure [Text Block] | 16. 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, 2022 2021, December 31, 2022: 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, 2026 2007, 2019 2018, 30 December 31, 2022 2021, Noncontrolling interests also includes 138,015 convertible units issued during 2006 1:1. In connection with the Merger, the Company acquired two 1:1. 2022, 2021, December 31, 2022 2021, In addition, the Company acquired ownership interests in eight During the year ended December 31, 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, 15 10 not December 31, 2022: Type Par Value Per Unit Number of Units Remaining Return Per Annum Preferred Outside Partner Units $ 20.00 6,104,831 3.75% Common Outside Partner Units $ 20.00 678,306 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, 2022 2021 2022 2021 Balance at January 1, $ 13,480 $ 15,784 Fair value allocation to unitholders/partnership interest (1) (2) 79,663 2,068 Income 1,770 751 Distributions (1) (1,771 ) (2,819 ) Redemption/conversion of noncontrolling interests (209 ) - Adjustment to estimated redemption value (3) - (2,304 ) Balance at December 31, $ 92,933 $ 13,480 ( 1 Relates to Outside Partner Units issued during 2022 ( 2 During January 2021, two 4 June 2021, ( 3 During 2021, 480, Accounting for Redeemable Equity Instruments 3 |
Note 17 - Variable Interest Ent
Note 17 - Variable Interest Entities ("VIE") | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 17. Variable Interest Entities ( “ VIE ” ) Included within the Company’s operating properties at December 31, 2022 2021, not not December 31, 2022, December 31, 2021, 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, 2022 December 31, 2021 Number of unencumbered VIEs 29 30 Number of encumbered VIEs 3 4 Total number of consolidated VIEs 32 34 Restricted Assets: Real estate, net $ 425.5 $ 222.9 Cash and cash equivalents 7.9 2.0 Accounts and notes receivable, net 1.7 2.0 Other assets 1.5 1.0 Total Restricted Assets $ 436.6 $ 227.9 VIE Liabilities: Mortgages payable, net $ 109.7 $ 78.9 Accounts payable and accrued expenses 10.9 11.8 Operating lease liabilities 5.2 6.7 Other liabilities 73.3 56.5 Total VIE Liabilities $ 199.1 $ 153.9 |
Note 18 - Fair Value Disclosure
Note 18 - Fair Value Disclosure of Financial Instruments | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 18. 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 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, 2022 2021 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Notes payable, net (1) $ 6,780,969 $ 5,837,401 $ 7,027,050 $ 7,330,723 Mortgages payable, net (2) $ 376,917 $ 311,659 $ 448,652 $ 449,758 ( 1 The Company determined that the valuation of its senior unsecured notes were classified within Level 2 2 December 31, 2022 2021, ( 2 The Company determined that its valuation of these mortgages payable was classified within Level 3 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, 2022 2021, 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, 2021 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 1,211,739 $ 1,211,739 $ - $ - The significant unobservable input (Level 3 3 December 31, 2022, 8.00%. Assets measured at fair value on a non-recurring basis at December 31, 2021 Balance at December 31, 2021 Level 1 Level 2 Level 3 Other investments $ 9,834 $ - $ - $ 9,834 |
Note 19 - Preferred Stock, Comm
Note 19 - Preferred Stock, Common Stock and Convertible Unit Transactions | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 19. Preferred Stock, Common Stock and Convertible Unit Transactions Preferred Stock The Company’s Board of Directors had authorized the repurchase of up to 900,000 depositary shares of Class L preferred stock and 1,058,000 depositary shares of Class M preferred stock through December 31, 2022, December 31, 2022, Class of Preferred Stock Depositary Shares Repurchased Purchase Price (in millions) Class L 54,508 $ 1.3 Class M 90,760 $ 2.1 The Company’s outstanding Preferred Stock is detailed below (in thousands, except share data and par values): 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 As of December 31, 2021 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 9,000 $ 225,000 5.125 % $ 1.28125 $ 1.00 8/16/2022 Class M 10,580 10,580 264,500 5.250 % $ 1.31250 $ 1.00 12/20/2022 19,580 $ 489,500 The Company’s Preferred Stock Depositary Shares for all classes 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 share repurchase program, which is scheduled to expire February 29, 2024. may not 2022 2021. December 31, 2022, During August 2021, may may 415 1933, may one 2022, 2021, December 31, 2022, In connection with the Merger, each Weingarten common share, issued and outstanding immediately prior to the effective time of the Merger, was converted into 1.408 shares of newly issued shares of Kimco common stock, resulting in approximately 179.9 million common shares being issued in connection with the Merger. 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 2022, 2021 2020, Convertible Units The Company has various types of convertible units that were issued in connection with the purchase of operating properties (see Footnote 16 not December 31, 2022, Dividends Declared The following table provides a summary of the dividends declared per share: Year Ended December 31, 2022 2021 2020 Common Stock $ 0.84000 $ 0.68000 $ 0.54000 Class L Depositary Shares $ 1.28125 $ 1.28125 $ 1.28125 Class M Depositary Shares $ 1.31250 $ 1.31250 $ 1.31250 |
Note 20 - Supplemental Schedule
Note 20 - Supplemental Schedule of Non-cash Investing / Financing Activities | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Cash Flow, Supplemental Disclosures [Text Block] | 20. 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, 2022, 2021 2020 2022 2021 2020 Acquisition of real estate interests: Mortgages debt $ 79,362 $ - $ - Other liabilities $ 59,000 $ - $ - Redeemable noncontrolling interests $ 79,663 $ - $ - Capital expenditures accrual $ 29,079 $ 34,651 $ 37,411 Surrender of common stock $ 13,790 $ 20,909 $ 5,395 Declaration of dividends paid in succeeding period $ 5,326 $ 5,366 $ 5,366 Decrease in redeemable noncontrolling interests’ carrying amount $ - $ (2,304 ) $ (2,160 ) Lease liabilities arising from obtaining operating right-of-use assets $ - $ 553 $ - 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 $ - $ 506,266 $ - Increase in mortgages payable, other liabilities and noncontrolling interests $ - $ 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, 2022 As of December 31, 2021 Cash and cash equivalents $ 146,970 $ 325,631 Restricted cash 2,859 9,032 Total cash, cash equivalents and restricted cash $ 149,829 $ 334,663 |
Note 21 - Transactions With Rel
Note 21 - Transactions With Related Parties | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 21. 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 7 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 2022, 2021 2020, Fifth Wall During October 2021, December 31, 2022 December 31, 2022. |
Note 22 - Commitments and Conti
Note 22 - Commitments and Contingencies | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 22. 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, 2022, Funding Commitments The Company has investments, including Fifth Wall discussed above, with funding commitments of $30.4 million, of which $16.5 million has been funded as of December 31, 2022. Other 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, 2022, In connection with the Merger, the Company now 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 $45.5 million outstanding at December 31, 2022. 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, 2022. |
Note 23 - Incentive Plans
Note 23 - Incentive Plans | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Share-Based Payment Arrangement [Text Block] | 23. Incentive Plans In May 2020, 2020 “2020 2010 “2010 2020 March 2020. 2020 December 31, 2022, 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 $26.6 million, $23.2 million and $23.7 million, for the years ended December 31, 2022, 2021 2020, December 31, 2022, Stock Options During 2022, 2021 2020, not 2010 December 31, 2022, 2021 2020 Shares Weighted-Average Exercise Price Per Share Aggregate Intrinsic Value (in millions) Options outstanding, January 1, 2020 1,297,936 $ 19.60 $ 2.0 Exercised (63,365 ) $ 15.48 $ 0.2 Forfeited (72,250 ) $ 16.20 Options outstanding, December 31, 2020 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 $ - Options exercisable (fully vested) December 31, 2020 1,162,321 $ 20.03 $ - December 31, 2021 488,755 $ 21.48 $ 1.5 December 31, 2022 282,134 $ 22.13 $ - The exercise price per share for options outstanding as of December 31, 2022 December 31, 2022, December 31, 2022 2010 December 31, 2022, 2021 2020, Restricted Stock Information with respect to restricted stock under the Plan for the years ended December 31, 2022, 2021 2020 2022 2021 2020 Restricted stock outstanding as of January 1, 2,347,608 2,394,825 2,367,843 Granted (1) 819,090 754,560 820,150 Vested (511,772 ) (759,665 ) (784,120 ) Forfeited (48,956 ) (42,112 ) (9,048 ) Restricted stock outstanding as of December 31, 2,605,970 2,347,608 2,394,825 ( 1 The weighted-average grant date fair value for restricted stock issued during the years ended December 31, 2022, 2021 2020 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, 2022, 2021 2020, Performance Shares Information with respect to performance share awards under the Plan for the years ended December 31, 2022, 2021 2020 2022 2021 2020 Performance share awards outstanding as of January 1, 1,052,100 913,800 704,530 Granted (1) 458,660 545,380 506,720 Vested (2) (506,720 ) (407,080 ) (297,450 ) Performance share awards outstanding as of December 31, 1,004,040 1,052,100 913,800 ( 1 The weighted-average grant date fair value for performance shares issued during the years ended December 31, 2022, 2021 2020 ( 2 For the years ended December 31, 2022, 2021 2020, The more significant assumptions underlying the determination of fair values for these performance awards granted during 2022, 2021 2020 2022 2021 2020 Stock price $ 24.27 $ 17.87 $ 18.93 Dividend yield (1) 0 % 0 % 0 % Risk-free rate 1.72 % 0.20 % 1.42 % Volatility (2) 49.07 % 48.41 % 24.67 % Term of the award (years) 2.87 2.86 2.88 ( 1 Total Shareholder Returns, as used in the performance share awards computation, are measured based on cumulative dividend stock prices, as such a zero ( 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, 2022. December 31, 2022, 2021 2020, The Company recognized severance costs associated with employee retirements and terminations during the years ended December 31, 2022, 2021 2020, |
Note 24 - Defined Benefit Plan
Note 24 - Defined Benefit Plan | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Defined Benefit Plan [Text Block] | 24. Defined Benefit Plan: As part of the Merger, the Company assumed sponsorship of Weingarten’s noncontributory qualified cash balance retirement plan (“the Benefit Plan”). At the date of the Merger, the Benefit Plan was frozen and as a result no not December 31, 2021. December 31, 2022. 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, 2022 December 31, 2022 ( 2022 2021* Change in Projected Benefit Obligation: Benefit obligation at beginning of period $ 36,995 $ 73,081 Interest cost 1,052 762 Settlement payments - (29,107 ) Actuarial gain (9,781 ) (6,831 ) Benefit payments (2,101 ) (910 ) Benefit obligation at end of period $ 26,165 $ 36,995 Change in Plan Assets: Fair value of plan assets at beginning of period $ 43,653 $ 74,025 Actual return on plan assets (966 ) 642 Settlement payments - (30,104 ) Benefit payments (2,101 ) (910 ) Fair value of plan assets at end of period $ 40,586 $ 43,653 Funded status at end of period (included in Accounts and notes receivable) $ 14,421 $ 6,658 Accumulated benefit obligation $ 26,165 $ 36,995 Net gain recognized in Accumulated other comprehensive income $ 10,581 $ 2,216 * For the year ended December 31, 2021, 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, 2022 2021 2022 2021 Interest cost $ (1,052 ) $ (750 ) Expected return on plan assets 413 2,125 Amortization of net gain 37 - Settlement gain - 2,216 Total $ (602 ) $ 3,591 The weighted-average assumptions used to determine the benefit obligation as of December 31, 2022 2021 2022 2021 Discount rate 4.88 % 2.43 % Salary scale increases N/A N/A Interest credit rate for cash balance plan 4.50 % 4.50 % The selection of the discount rate is made after comparison to yields based on cash investments. The long-term rate of return is a composite rate for the Benefit Plan. It is derived as the sum of the percentages invested in each principal asset class included in the portfolio multiplied by their respective expected rates of return. The Company considered the historical returns and the future expectations for returns for each asset class, as well as the target asset allocation of the Benefit Plan portfolio. This analysis resulted in the selection of 1.00% as the long-term rate of return assumption for the year ended December 31, 2022. No contributions are anticipated to be made to the Benefit Plan during 2023. 10 2023 2024 2025 2026 2027 2028 - 2032 Benefit payments $ 6.4 $ 2.0 $ 1.9 $ 1.9 $ 1.8 $ 8.2 Since termination of the Benefit Plan as of December 31, 2021, 1 December 31, 2022 2021 2022 2021 Fair Value Asset Allocation Fair Value Asset Allocation Cash and short-term investments $ 40,586 100.0 % $ 26,246 60.1 % Large company funds - - 7,130 16.3 % Mid company funds - - 662 1.5 % Small company funds - - 1,958 4.5 % International funds - - 1,972 4.5 % Fixed income funds - - 4,260 9.8 % Growth funds - - 1,425 3.3 % Total $ 40,586 100.0 % $ 43,653 100.0 % |
Note 25 - Income Taxes
Note 25 - Income Taxes | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 25. 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, 2022, 2021 2020 2022 2021 2020 (Estimated) (Actual) (Actual) GAAP net income attributable to the Company $ 125,976 $ 844,059 $ 1,000,833 GAAP net (income)/loss attributable to TRSs (6,251 ) (23,365 ) (956 ) GAAP net income from REIT operations (1) 119,725 820,694 999,877 Federal income taxes 47,302 - - Net book depreciation in excess of tax depreciation 130,678 77,951 (55,072 ) Deferred/prepaid/above-market and below-market rents, net (38,810 ) (31,666 ) (16,632 ) Fair market value debt amortization (38,303 ) (17,961 ) (3,847 ) Book/tax differences from executive compensation 23,248 19,882 10,388 Book/tax differences from equity awards (7,846 ) (3,714 ) 5,640 Book/tax differences from defined benefit plan - (2,948 ) - Book/tax differences from investments in and advances to real estate joint ventures 18,020 16,030 40,176 Book/tax differences from sale of properties 217,797 (50,955 ) (10,547 ) Book/tax differences from accounts receivable (8,566 ) (17,707 ) 44,193 Book adjustment to property carrying values and marketable equity securities 335,233 (503,847 ) (589,698 ) Taxable currency exchange gain/(loss), net 198 1,945 (29 ) Tangible property regulation deduction (61,492 ) - (48,194 ) GAAP change in ownership of joint venture interests 45,767 (5,607 ) - Dividends from TRSs 145 23,314 2 Severance accrual (1,933 ) (5,608 ) 5,874 Other book/tax differences, net (2) (2,650 ) (20,299 ) (5069 ) Adjusted REIT taxable income $ 778,513 $ 299,504 $ 377,062 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 costs of $20.7 million for the year ended December 31, 2021. Characterization of Distributions The following characterizes distributions paid for tax purposes for the years ended December 31, 2022, 2021 2020, 2022 2021 2020 Preferred L Dividends Ordinary income $ 9,657 84 % $ 11,185 97 % $ 4,382 38 % Capital gain 1,839 16 % 346 3 % 7,149 62 % $ 11,496 100 % $ 11,531 100 % $ 11,531 100 % Preferred M Dividends Ordinary income $ 11,615 84 % $ 13,469 97 % $ 5,277 38 % Capital gain 2,212 16 % 417 3 % 8,609 62 % $ 13,827 100 % $ 13,886 100 % $ 13,886 100 % Common Dividends Ordinary income $ 418,725 81 % $ 273,272 77 % $ 133,849 38 % Capital gain 82,711 16 % 10,647 3 % 214,863 61 % Return of capital 15,508 3 % 70,980 20 % 3,522 1 % $ 516,944 100 % $ 354,899 100 % $ 352,234 100 % Total dividends distributed for tax purposes $ 542,267 $ 380,316 $ 377,651 For the year ended December 31, 2022, 2022. 2439, December 31, 2021 2020 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. (“KRS”), FNC Realty Corporation, Kimco Insurance Company (collectively “KRS Consolidated”) and the consolidated entity, Blue Ridge Real Estate Company/Big Boulder Corporation. In connection with the Merger, the Company acquired Weingarten/Investments Inc. (“WII”), a TRS of Weingarten. The Company is subject to local non-U.S. taxes on certain investments located outside the U.S. In general, under local country law applicable to the entity ownership structures the Company has in place and applicable tax treaties, the repatriation of cash to the Company from its subsidiaries and joint ventures in Canada are generally subject to withholding tax, but entities in Puerto Rico and Mexico generally are not not not 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, 2022, 2021 2020, 2022 2021 2020 TRSs and taxable entities $ 533 $ (3,380 ) $ 522 REIT (1) (57,187 ) - (1,500 ) Total tax provision $ (56,654 ) $ (3,380 ) $ (978 ) ( 1 During 2022, 2022. 2439, Deferred Tax Assets, Liabilities and Valuation Allowances The Company’s deferred tax assets and liabilities at December 31, 2022 2021, 2022 2021 Deferred tax assets: Tax/GAAP basis differences $ 4,165 $ 3,286 Net operating losses (1) 1,836 4,580 Tax credit carryforwards (2) - 2,340 Valuation allowance - (4,067 ) Total deferred tax assets 6,001 6,139 Deferred tax liabilities (6,551 ) (8,058 ) Net deferred tax liabilities $ (550 ) $ (1,919 ) ( 1 Net operating losses do not ( 2 Expiration dates ranging from 2027 2035. The major differences between the GAAP basis of accounting and the basis of accounting used for federal and state income tax reporting consist of 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, 2022 2021. 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 August 1, 2016, not not December 31, 2022, Uncertain Tax Positions The Company is subject to income tax in certain jurisdictions outside the U.S., principally Canada and Mexico. The statute of limitations on assessment of tax varies from three seven no December 31, 2021, December 31, 2022. not December 31, 2022, 12 |
Note 26 - Captive Insurance Com
Note 26 - Captive Insurance Company | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Captive Insurance Disclosure [Text Block] | 26. Captive Insurance Company: In October 2007, third third may third may not From October 1, 2007 December 31, 2022, first September 30, 2008 February 1, 2021. February 1, 2021 February 1, 2023, not In connection with the Merger, the Company acquired U.S. Fire & Indemnity Company (“US Fire”), a captive insurance company which was wholly owned by Weingarten. US Fire began providing direct coverage to Weingarten with limits of $100,000 per occurrence for all other perils except for flood, named windstorm and earthquake, which had a $5,000,000 annual aggregate. The coverage was cancelled upon the effective date of the Merger. In addition, US Fire assumed general liability coverage from a third December 15, 2021, As of December 31, 2022, Activity in the liability for unpaid losses and loss adjustment expenses for the years ended December 31, 2022 2021, 2022 2021 Balance at the beginning of the year $ 19,655 $ 13,742 Incurred related to: Current year 5,694 5,375 Prior years (1) 125 5,281 Total incurred 5,819 10,656 Paid related to: Current year (645 ) (759 ) Prior years (4,627 ) (3,984 ) Total paid (5,272 ) (4,743 ) Balance at the end of the year $ 20,202 $ 19,655 ( 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, |
Note 27 - Accumulated Other Com
Note 27 - Accumulated Other Comprehensive Income ("AOCI") | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Comprehensive Income (Loss) Note [Text Block] | 27. Accumulated Other Comprehensive Income ( “ AOCI ” ): The following table displays the change in the components of AOCI for the years ended December 31, 2021 2022: Unrealized Gains Related to Defined Benefit Plan Balance as of January 1, 2021 $ - Other comprehensive income before reclassifications 2,216 Amounts reclassified from AOCI - Net current-period other comprehensive income 2,216 Balance as of December 31, 2021 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 28 - Earnings Per Share
Note 28 - Earnings Per Share | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 28. 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, 2022 2021 2020 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 100,758 $ 818,643 $ 975,417 Change in estimated redemption value of redeemable noncontrolling interests - 2,304 2,160 Earnings attributable to participating securities (2,182 ) (5,346 ) (6,347 ) Net income available to the Company’s common shareholders for basic earnings per share 98,576 815,601 971,230 Distributions on convertible units - 3,087 161 Net income available to the Company’s common shareholders for diluted earnings per share $ 98,576 $ 818,688 $ 971,391 Weighted average common shares outstanding – basic 615,528 506,248 429,950 Effect of dilutive securities (1): Equity awards 2,283 2,422 1,475 Assumed conversion of convertible units 47 2,715 208 Weighted average common shares outstanding – diluted 617,858 511,385 431,633 Net income available to the Company's common shareholders: Basic earnings per share $ 0.16 $ 1.61 $ 2.26 Diluted earnings per share $ 0.16 $ 1.60 $ 2.25 ( 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, 2021 2020, 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 29 - Subsequent Events
Note 29 - Subsequent Events | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 29. Subsequent Events: Prior to January 1, 2023, December 14, 2022, January 1, 2023, one January 3, 2023, Following the Reorganization, substantially all of the Company’s assets are held by, and substantially all of the Company’s operations are conducted through, Kimco OP (either directly or through its subsidiaries), as the Company’s operating company, and the Company is the managing member of Kimco OP. The officers and directors of the Company are the same as the officers and directors of the Predecessor as immediately prior to the Reorganization. See Footnote 9 |
Schedule II - Valuation and Qua
Schedule II - Valuation and Qualifying Accounts | 12 Months Ended |
Dec. 31, 2022 | |
Notes to Financial Statements | |
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | December 31, 2022, 2021 2020 Balance at beginning of period Charged to expenses Adjustments to valuation accounts Deductions Balance at end of period 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 Year Ended December 31, 2020 Allowance for uncollectable accounts (1) $ - $ 22,377 $ - $ - $ 22,377 Allowance for deferred tax asset $ 42,703 $ - $ (5,746 ) $ - $ 36,957 ( 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, 2022 | |
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, 2022 (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 $ 9 $ 850 $ 1,221 $ 2,071 $ 191 $ 1,880 $ - 2021(A) BELL CAMINO CENTER AZ 2,427 6,439 956 2,427 7,395 9,822 2,772 7,050 - 2012(A) BELL CAMINO-SAFEWAY PARCEL AZ 1,104 4,574 - 1,104 4,574 5,678 533 5,145 - 2019(A) BROADWAY MARKETPLACE AZ 3,517 10,303 511 3,518 10,813 14,331 919 13,412 - 2021(A) CAMELBACK MILLER PLAZA AZ 6,236 29,230 798 6,237 30,027 36,264 2,742 33,522 - 2021(A) CAMELBACK VILLAGE SQUARE AZ - 13,038 414 - 13,452 13,452 1,147 12,305 - 2021(A) CHRISTOWN SPECTRUM AZ 33,831 91,004 16,234 76,639 64,430 141,069 19,295 121,774 - 2015(A) COLLEGE PARK SHOPPING CENTER AZ 3,277 7,741 1,269 3,277 9,010 12,287 3,645 8,642 - 2011(A) DESERT VILLAGE AZ 6,465 22,025 (36 ) 6,465 21,989 28,454 1,764 26,690 - 2021(A) ENTRADA DE ORO PLAZA AZ 5,700 11,044 5 5,700 11,049 16,749 1,021 15,728 - 2021(A) FOUNTAIN PLAZA AZ 4,794 20,373 52 4,794 20,425 25,219 1,191 24,028 - 2021(A) MADERA VILLAGE AZ 3,980 8,110 57 3,980 8,167 12,147 805 11,342 - 2021(A) MADISON VILLAGE MARKETPLACE AZ 4,090 18,343 204 4,090 18,547 22,637 1,483 21,154 - 2021(A) MESA RIVERVIEW AZ 15,000 - 142,787 308 157,479 157,787 74,754 83,033 - 2005(C) METRO SQUARE AZ 4,101 16,411 2,634 4,101 19,045 23,146 11,692 11,454 - 1998(A) MONTE VISTA VILLAGE CENTER AZ 4,064 8,344 2 4,064 8,346 12,410 673 11,737 - 2021(A) NORTH VALLEY AZ 6,862 18,201 15,053 4,796 35,320 40,116 8,277 31,839 - 2011(A) PLAZA AT MOUNTAINSIDE AZ 2,450 9,802 2,452 2,450 12,254 14,704 8,103 6,601 - 1997(A) PLAZA DEL SOL AZ 5,325 21,270 1,791 4,578 23,808 28,386 11,542 16,844 - 1998(A) PUEBLO ANOZIRA AZ 7,734 27,063 31 7,734 27,094 34,828 2,020 32,808 12,218 2021(A) RAINTREE RANCH CENTER AZ 7,720 30,743 (20 ) 7,720 30,723 38,443 2,023 36,420 - 2021(A) RED MOUNTAIN GATEWAY AZ 4,653 10,410 217 4,653 10,627 15,280 1,204 14,076 - 2021(A) SCOTTSDALE HORIZON AZ 8,191 36,728 1,080 8,191 37,808 45,999 2,440 43,559 - 2021(A) SCOTTSDALE WATERFRONT AZ 15,872 30,112 (199 ) 15,872 29,913 45,785 2,232 43,553 - 2021(A) SHOPPES AT BEARS PATH AZ 3,445 2,874 45 3,445 2,919 6,364 354 6,010 - 2021(A) SQUAW PEAK PLAZA AZ 2,515 17,021 88 2,515 17,109 19,624 1,492 18,132 - 2021(A) VILLAGE CROSSROADS AZ 5,663 24,981 1,413 5,663 26,394 32,057 8,382 23,675 - 2011(A) 280 METRO CENTER CA 38,735 94,903 733 38,735 95,636 134,371 20,295 114,076 - 2015(A) 580 MARKET PLACE CA 12,769 48,768 32 12,769 48,800 61,569 2,687 58,882 - 2021(A) 8000 SUNSET STRIP S.C. CA 43,012 85,115 721 43,012 85,836 128,848 6,964 121,884 - 2021(A) AAA BUILDING AT STEVENS CREEK CA 1,661 3,114 - 1,661 3,114 4,775 195 4,580 - 2021(A) ANAHEIM PLAZA CA 34,228 73,765 5,171 34,228 78,936 113,164 6,381 106,783 - 2021(A) BLACK MOUNTAIN VILLAGE CA 4,678 11,913 2,154 4,678 14,067 18,745 5,997 12,748 - 2007(A) BROOKHURST CENTER CA 10,493 31,358 4,205 22,300 23,756 46,056 6,417 39,639 - 2016(A) BROOKVALE SHOPPING CENTER CA 14,050 19,771 1,226 14,050 20,997 35,047 1,620 33,427 - 2021(A) CAMBRIAN PARK PLAZA CA 41,258 2,015 1,490 41,258 3,505 44,763 1,168 43,595 - 2021(A) CENTERWOOD PLAZA CA 10,981 10,702 85 10,981 10,787 21,768 979 20,789 - 2021(A) CHICO CROSSROADS CA 9,976 30,535 (5,393 ) 7,905 27,213 35,118 12,086 23,032 - 2008(A) CHINO HILLS MARKETPLACE CA 17,702 72,529 147 17,702 72,676 90,378 5,165 85,213 - 2021(A) CITY HEIGHTS CA 10,687 28,325 (442 ) 13,909 24,661 38,570 6,426 32,144 - 2012(A) CORONA HILLS PLAZA CA 13,361 53,373 12,796 13,361 66,169 79,530 41,900 37,630 - 1998(A) COSTCO PLAZA - 541 CA 4,996 19,983 601 4,996 20,584 25,580 13,175 12,405 - 1998(A) CREEKSIDE CENTER CA 3,871 11,563 914 5,154 11,194 16,348 2,049 14,299 - 2016(A) CROCKER RANCH CA 7,526 24,878 112 7,526 24,990 32,516 5,920 26,596 - 2015(A) CUPERTINO VILLAGE CA 19,886 46,535 27,695 19,886 74,230 94,116 26,513 67,603 - 2006(A) EL CAMINO PROMENADE CA 7,372 37,592 4,244 7,372 41,836 49,208 2,425 46,783 - 2021(A) FREEDOM CENTRE CA 8,933 18,622 81 8,933 18,703 27,636 1,672 25,964 - 2021(A) FULTON MARKET PLACE CA 2,966 6,921 16,707 6,280 20,314 26,594 6,197 20,397 - 2005(A) GATEWAY AT DONNER PASS CA 4,516 8,319 14,682 8,759 18,758 27,517 3,435 24,082 - 2015(A) GATEWAY PLAZA CA 18,372 65,851 73 18,372 65,924 84,296 4,589 79,707 23,944 2021(A) GREENHOUSE MARKETPLACE CA 10,976 27,721 (68 ) 10,976 27,653 38,629 2,649 35,980 - 2021(A) GREENHOUSE MARKETPLACE II CA 5,346 7,188 (566 ) 5,346 6,622 11,968 649 11,319 - 2021(A) HOME DEPOT PLAZA CA 4,592 18,345 2 4,592 18,347 22,939 11,727 11,212 - 1998(A) KENNETH HAHN PLAZA CA 4,115 7,661 (865 ) - 10,911 10,911 4,908 6,003 - 2010(A) LA MIRADA THEATRE CENTER CA 8,817 35,260 (291 ) 6,889 36,897 43,786 22,863 20,923 - 1998(A) LA VERNE TOWN CENTER CA 8,414 23,856 12,766 16,362 28,674 45,036 8,089 36,947 - 2014(A) LABAND VILLAGE SHOPPING CENTER CA 5,600 13,289 (1,005 ) 5,607 12,277 17,884 7,005 10,879 - 2008(A) LAKEWOOD PLAZA CA 1,294 3,669 (3,574 ) - 1,389 1,389 847 542 - 2014(A) LAKEWOOD VILLAGE CA 8,597 24,375 (221 ) 11,683 21,068 32,751 6,373 26,378 - 2014(A) LINCOLN HILLS TOWN CENTER CA 8,229 26,127 443 8,229 26,570 34,799 7,377 27,422 - 2015(A) LINDA MAR SHOPPING CENTER CA 16,549 37,521 5,068 16,549 42,589 59,138 11,953 47,185 - 2014(A) MADISON PLAZA CA 5,874 23,476 4,943 5,874 28,419 34,293 15,722 18,571 - 1998(A) NORTH COUNTY PLAZA CA 10,205 28,934 501 20,895 18,745 39,640 5,394 34,246 - 2014(A) NOVATO FAIR S.C. CA 9,260 15,600 2,130 9,260 17,730 26,990 7,981 19,009 - 2009(A) ON THE CORNER AT STEVENS CREEK CA 1,825 4,641 - 1,825 4,641 6,466 324 6,142 - 2021(A) PLAZA DI NORTHRIDGE CA 12,900 40,575 1,291 12,900 41,866 54,766 17,878 36,888 - 2005(A) POWAY CITY CENTRE CA 5,855 13,792 9,208 7,248 21,607 28,855 11,283 17,572 - 2005(A) RANCHO PENASQUITOS TOWNE CTR I CA 14,852 20,342 792 14,852 21,134 35,986 5,146 30,840 - 2015(A) RANCHO PENASQUITOS TWN CTR II CA 12,945 20,324 805 12,945 21,129 34,074 5,005 29,069 - 2015(A) RANCHO PENASQUITOS-VONS PROP. CA 2,918 9,146 - 2,918 9,146 12,064 993 11,071 - 2019(A) RANCHO SAN MARCOS VILLAGE CA 9,050 29,357 5,749 9,483 34,673 44,156 1,721 42,435 - 2021(A) REDWOOD CITY PLAZA CA 2,552 6,215 5,901 2,552 12,116 14,668 3,364 11,304 - 2009(A) SAN DIEGO CARMEL MOUNTAIN CA 5,323 8,874 (1,955 ) 5,323 6,919 12,242 2,584 9,658 - 2009(A) SAN MARCOS PLAZA CA 1,883 12,044 2,580 1,883 14,624 16,507 772 15,735 - 2021(A) SANTEE TROLLEY SQUARE CA 40,209 62,964 519 40,209 63,483 103,692 21,856 81,836 - 2015(A) SILVER CREEK PLAZA CA 33,541 53,176 96 33,541 53,272 86,813 3,656 83,157 - 2021(A) SOUTH NAPA MARKET PLACE CA 1,100 22,159 21,689 23,119 21,829 44,948 13,846 31,102 - 2006(A) SOUTHAMPTON CENTER CA 10,289 64,096 (163 ) 10,289 63,933 74,222 4,080 70,142 20,550 2021(A) STANFORD RANCH CA 10,584 30,007 3,069 9,983 33,677 43,660 7,834 35,826 - 2014(A) STEVENS CREEK CENTRAL S.C. CA 41,818 45,886 37 41,818 45,923 87,741 3,553 84,188 - 2021(A) STONY POINT PLAZA CA 10,361 38,054 (221 ) 10,361 37,833 48,194 2,390 45,804 - 2021(A) TRUCKEE CROSSROADS CA 2,140 28,325 (18,388 ) 2,140 9,937 12,077 6,387 5,690 482 2006(A) WESTLAKE SHOPPING CENTER CA 16,174 64,819 110,511 16,174 175,330 191,504 73,429 118,075 - 2002(A) WESTMINSTER CENTER CA 60,428 64,973 238 60,428 65,211 125,639 7,890 117,749 49,285 2021(A) WHITTWOOD TOWN CENTER CA 57,136 105,815 4,175 57,139 109,987 167,126 24,625 142,501 - 2017(A) CROSSING AT STONEGATE CO 11,909 33,111 131 11,909 33,242 45,151 2,195 42,956 - 2021(A) DENVER WEST 38TH STREET CO 161 647 335 161 982 1,143 745 398 - 1998(A) EAST BANK S.C. CO 1,501 6,180 6,437 1,501 12,617 14,118 5,041 9,077 - 1998(A) EDGEWATER MARKETPLACE CO 7,807 32,706 457 7,807 33,163 40,970 1,909 39,061 - 2021(A) ENGLEWOOD PLAZA CO 806 3,233 1,020 806 4,253 5,059 2,549 2,510 - 1998(A) GREELEY COMMONS CO 3,313 20,070 4,084 3,313 24,154 27,467 6,742 20,725 - 2012(A) HERITAGE WEST S.C. CO 1,527 6,124 2,783 1,527 8,907 10,434 5,174 5,260 - 1998(A) HIGHLANDS RANCH II CO 3,515 11,756 1,263 3,515 13,019 16,534 4,264 12,270 - 2013(A) HIGHLANDS RANCH VILLAGE S.C. CO 8,135 21,580 1,002 5,337 25,380 30,717 6,745 23,972 - 2011(A) LOWRY TOWN CENTER CO 3,271 32,685 290 3,271 32,975 36,246 1,982 34,264 - 2021(A) MARKET AT SOUTHPARK CO 9,783 20,780 5,704 9,783 26,484 36,267 7,626 28,641 - 2011(A) NORTHRIDGE SHOPPING CENTER CO 4,933 16,496 2,933 8,934 15,428 24,362 4,426 19,936 - 2013(A) QUINCY PLACE S.C. CO 1,148 4,608 2,715 1,148 7,323 8,471 4,625 3,846 - 1998(A) RIVER POINT AT SHERIDAN CO 13,223 30,444 243 12,331 31,579 43,910 4,156 39,754 - 2021(A) RIVER POINT AT SHERIDAN II CO 1,255 4,231 - 1,255 4,231 5,486 321 5,165 - 2021(A) VILLAGE CENTER - HIGHLAND RANCH CO 1,140 2,660 284 1,140 2,944 4,084 697 3,387 - 2014(A) VILLAGE CENTER WEST CO 2,011 8,361 791 2,011 9,152 11,163 2,506 8,657 - 2011(A) VILLAGE ON THE PARK CO 2,194 8,886 20,340 3,018 28,402 31,420 8,771 22,649 - 1998(A) BRIGHT HORIZONS CT 1,212 4,611 84 1,212 4,695 5,907 1,623 4,284 - 2012(A) HAMDEN MART CT 13,668 40,890 6,414 14,226 46,746 60,972 12,255 48,717 18,317 2016(A) HOME DEPOT PLAZA CT 7,705 30,798 3,971 7,705 34,769 42,474 20,797 21,677 - 1998(A) NEWTOWN S.C. CT - 15,635 422 - 16,057 16,057 3,524 12,533 - 2014(A) WEST FARM SHOPPING CENTER CT 5,806 23,348 20,007 7,585 41,576 49,161 22,138 27,023 - 1998(A) WILTON CAMPUS CT 10,169 31,893 1,789 10,169 33,682 43,851 9,818 34,033 - 2013(A) WILTON RIVER PARK SHOPPING CTR CT 7,155 27,509 864 7,155 28,373 35,528 7,908 27,620 - 2012(A) BRANDYWINE COMMONS DE - 36,057 (770 ) - 35,287 35,287 8,912 26,375 - 2014(A) CAMDEN SQUARE DE 123 67 4,756 3,024 1,922 4,946 310 4,636 - 2003(A) PROMENADE AT CHRISTIANA DE 14,372 - 6,422 8,340 12,454 20,794 960 19,834 - 2014(C) ARGYLE VILLAGE FL 5,228 36,814 236 5,228 37,050 42,278 3,165 39,113 - 2021(A) BELMART PLAZA FL 1,656 3,394 5,751 1,656 9,145 10,801 2,018 8,783 - 2014(A) BOCA LYONS PLAZA FL 13,280 37,751 26 13,280 37,777 51,057 2,288 48,769 - 2021(A) CAMINO SQUARE FL 574 2,296 (398 ) 734 1,738 2,472 12 2,460 - 1992(A) CARROLLWOOD COMMONS FL 5,220 16,884 4,331 5,220 21,215 26,435 12,503 13,932 - 1997(A) CENTER AT MISSOURI AVENUE FL 294 792 7,385 294 8,177 8,471 2,796 5,675 - 1968(C) CHEVRON OUTPARCEL FL 531 1,253 - 531 1,253 1,784 465 1,319 - 2010(A) COLONIAL PLAZA FL 25,516 54,604 5,648 25,516 60,252 85,768 5,701 80,067 - 2021(A) CORAL POINTE S.C. FL 2,412 20,508 923 2,412 21,431 23,843 4,864 18,979 - 2015(A) CORAL SQUARE PROMENADE FL 710 2,843 4,218 710 7,061 7,771 4,821 2,950 - 1994(A) CORSICA SQUARE S.C. FL 7,225 10,757 304 7,225 11,061 18,286 2,843 15,443 - 2015(A) COUNTRYSIDE CENTRE FL 11,116 41,581 1,000 11,116 42,581 53,697 3,607 50,090 - 2021(A) CURLEW CROSSING SHOPPING CTR FL 5,316 12,529 1,000 3,312 15,533 18,845 7,778 11,067 - 2005(A) DANIA POINTE FL 105,113 - 34,980 26,094 113,999 140,093 9,997 130,096 - 2016(C) DANIA POINTE - PHASE II (3) FL - - 263,235 26,550 236,685 263,235 13,344 249,891 - 2016(C) EMBASSY LAKES FL 6,565 18,104 873 6,565 18,977 25,542 1,146 24,396 - 2021(A) FLAGLER PARK FL 26,163 80,737 7,065 26,725 87,240 113,965 32,380 81,585 - 2007(A) FT LAUDERDALE #1, FL FL 1,003 2,602 16,845 1,774 18,676 20,450 12,434 8,016 - 1974(C) FT. LAUDERDALE/CYPRESS CREEK FL 14,259 28,042 4,004 14,259 32,046 46,305 13,485 32,820 - 2009(A) GRAND OAKS VILLAGE FL 7,409 19,654 413 5,846 21,630 27,476 6,308 21,168 - 2011(A) GROVE GATE S.C. FL 366 1,049 793 366 1,842 2,208 1,680 528 - 1968(C) IVES DAIRY CROSSING FL 733 4,080 11,511 721 15,603 16,324 10,993 5,331 - 1985(A) KENDALE LAKES PLAZA FL 18,491 28,496 (516 ) 15,362 31,109 46,471 11,135 35,336 - 2009(A) LARGO PLAZA FL 23,571 63,604 70 23,571 63,674 87,245 5,362 81,883 - 2021(A) MAPLEWOOD PLAZA FL 1,649 6,626 2,019 1,649 8,645 10,294 5,330 4,964 - 1997(A) MARATHON SHOPPING CENTER FL 2,413 8,069 1,306 1,515 10,273 11,788 2,400 9,388 - 2013(A) MERCHANTS WALK FL 2,581 10,366 10,982 2,581 21,348 23,929 12,337 11,592 - 2001(A) MILLENIA PLAZA PHASE II FL 7,711 20,703 5,283 7,698 25,999 33,697 11,064 22,633 - 2009(A) MILLER ROAD S.C. FL 1,138 4,552 4,721 1,138 9,273 10,411 6,448 3,963 - 1986(A) MILLER WEST PLAZA FL 6,726 10,661 217 6,726 10,878 17,604 2,664 14,940 - 2015(A) MISSION BELL SHOPPING CENTER FL 5,056 11,843 8,818 5,067 20,650 25,717 8,853 16,864 - 2004(A) NASA PLAZA FL - 1,754 5,170 - 6,924 6,924 4,562 2,362 - 1968(C) OAK TREE PLAZA FL - 917 2,526 - 3,443 3,443 2,864 579 - 1968(C) OAKWOOD BUSINESS CTR-BLDG 1 FL 6,793 18,663 3,605 6,793 22,268 29,061 9,067 19,994 - 2009(A) OAKWOOD PLAZA NORTH FL 35,301 141,731 2,233 35,301 143,964 179,265 26,976 152,289 - 2016(A) OAKWOOD PLAZA SOUTH FL 11,127 40,592 (24 ) 11,127 40,568 51,695 8,458 43,237 - 2016(A) PALMS AT TOWN & COUNTRY FL 30,137 94,674 (513 ) 30,137 94,161 124,298 6,554 117,744 - 2021(A) PALMS AT TOWN & COUNTRY LIFESTYLE FL 26,597 92,088 349 26,597 92,437 119,034 6,391 112,643 - 2021(A) PARK HILL PLAZA FL 10,764 19,264 1,458 10,764 20,722 31,486 6,097 25,389 - 2011(A) PHILLIPS CROSSING FL - 53,536 348 - 53,884 53,884 3,753 50,131 - 2021(A) PLANTATION CROSSING FL 2,782 8,077 2,713 2,782 10,790 13,572 2,129 11,443 - 2017(A) POMPANO POINTE S.C. FL 10,517 14,356 630 10,517 14,986 25,503 2,842 22,661 - 2012(A) RENAISSANCE CENTER FL 9,104 36,541 14,700 9,123 51,222 60,345 25,671 34,674 - 1998(A) RIVERPLACE SHOPPING CTR. FL 7,503 31,011 2,598 7,200 33,912 41,112 12,921 28,191 - 2010(A) RIVERSIDE LANDINGS S.C. FL 3,512 14,440 703 3,512 15,143 18,655 3,454 15,201 - 2015(A) SEA RANCH CENTRE FL 3,298 21,259 73 3,298 21,332 24,630 1,464 23,166 - 2021(A) SHOPPES AT DEERFIELD FL 19,069 69,485 (67 ) 19,069 69,418 88,487 5,531 82,956 - 2021(A) SHOPPES AT DEERFIELD II FL 788 6,388 3 788 6,391 7,179 366 6,813 - 2021(A) SHOPS AT SANTA BARBARA PHASE 1 FL 743 5,374 243 743 5,617 6,360 1,359 5,001 - 2015(A) SHOPS AT SANTA BARBARA PHASE 2 FL 332 2,489 73 332 2,562 2,894 637 2,257 - 2015(A) SHOPS AT SANTA BARBARA PHASE 3 FL 330 2,359 11 330 2,370 2,700 518 2,182 - 2015(A) SODO S.C. FL - 68,139 6,103 142 74,100 74,242 25,980 48,262 - 2008(A) SOUTH MIAMI S.C. FL 1,280 5,134 5,007 1,280 10,141 11,421 5,787 5,634 - 1995(A) SUNSET 19 S.C. FL 12,460 55,354 270 12,460 55,624 68,084 4,322 63,762 - 2021(A) TJ MAXX PLAZA FL 10,341 38,660 108 10,341 38,768 49,109 2,709 46,400 - 2021(A) TRI-CITY PLAZA FL 2,832 11,329 24,275 2,832 35,604 38,436 9,057 29,379 - 1992(A) TUTTLEBEE PLAZA FL 255 828 2,834 255 3,662 3,917 2,399 1,518 - 2008(A) UNIVERSITY TOWN CENTER FL 5,515 13,041 554 5,515 13,595 19,110 4,738 14,372 - 2011(A) VILLAGE COMMONS S.C. FL 2,026 5,106 2,032 2,026 7,138 9,164 2,267 6,897 - 2013(A) VILLAGE COMMONS SHOPPING CENTER FL 2,192 8,774 5,811 2,192 14,585 16,777 8,243 8,534 - 1998(A) VILLAGE GREEN CENTER FL 11,405 13,466 131 11,405 13,597 25,002 1,278 23,724 17,310 2021(A) VIZCAYA SQUARE FL 5,773 20,965 171 5,773 21,136 26,909 1,552 25,357 - 2021(A) WELLINGTON GREEN COMMONS FL 19,528 32,521 4 19,528 32,525 52,053 2,367 49,686 15,345 2021(A) WELLINGTON GREEN PAD SITES FL 3,854 1,777 2,484 3,854 4,261 8,115 287 7,828 - 2021(A) WINN DIXIE-MIAMI FL 2,990 9,410 (52 ) 3,544 8,804 12,348 1,995 10,353 - 2013(A) WINTER PARK CORNERS FL 5,191 42,530 (223 ) 5,191 42,307 47,498 2,253 45,245 - 2021(A) BRAELINN VILLAGE GA 7,315 20,739 290 3,731 24,613 28,344 6,121 22,223 - 2014(A) BROWNSVILLE COMMONS GA 593 5,488 (82 ) 593 5,406 5,999 399 5,600 - 2021(A) CAMP CREEK MARKETPLACE II GA 4,441 38,596 53 4,441 38,649 43,090 2,729 40,361 - 2021(A) EMBRY VILLAGE GA 18,147 33,010 4,419 18,161 37,415 55,576 24,952 30,624 - 2008(A) GRAYSON COMMONS GA 2,600 13,358 (63 ) 2,600 13,295 15,895 1,273 14,622 - 2021(A) LAKESIDE MARKETPLACE GA 2,238 28,579 418 2,238 28,997 31,235 1,849 29,386 - 2021(A) LAWRENCEVILLE MARKET GA 8,878 29,691 1,625 9,060 31,134 40,194 9,812 30,382 - 2013(A) MARKET AT HAYNES BRIDGE GA 4,881 21,549 1,998 4,890 23,538 28,428 9,634 18,794 - 2008(A) PERIMETER EXPO PROPERTY GA 14,770 44,295 2,485 16,142 45,408 61,550 10,045 51,505 - 2016(A) PERIMETER VILLAGE GA 5,418 67,522 (132 ) 5,418 67,390 72,808 4,557 68,251 26,809 2021(A) RIVERWALK MARKETPLACE GA 3,512 18,863 27 3,388 19,014 22,402 3,948 18,454 - 2015(A) ROSWELL CORNERS GA 4,536 47,054 (115 ) 4,536 46,939 51,475 2,723 48,752 - 2021(A) ROSWELL CROSSING GA 6,270 45,338 19 6,270 45,357 51,627 3,076 48,551 - 2021(A) THOMPSON BRIDGE COMMONS GA 414 1,576 - 414 1,576 1,990 66 1,924 - 2021(A) CLIVE PLAZA IA 501 2,002 - 501 2,002 2,503 1,382 1,121 - 1996(A) HAWTHORN HILLS SQUARE IL 6,784 33,034 3,297 6,784 36,331 43,115 12,958 30,157 - 2012(A) PLAZA DEL PRADO IL 10,204 28,410 1,682 10,172 30,124 40,296 6,612 33,684 - 2017(A) SKOKIE POINTE IL - 2,276 9,794 2,628 9,442 12,070 5,198 6,872 - 1997(A) GREENWOOD S.C. IN 423 1,883 21,327 1,641 21,992 23,633 5,543 18,090 - 1970(C) FESTIVAL ON JEFFERSON COURT KY 5,627 26,790 238 5,627 27,028 32,655 2,579 30,076 - 2021(A) ADAMS PLAZA MA 2,089 3,227 224 2,089 3,451 5,540 924 4,616 - 2014(A) BROADWAY PLAZA MA 6,485 343 - 6,485 343 6,828 219 6,609 - 2014(A) FALMOUTH PLAZA MA 2,361 13,066 1,785 2,361 14,851 17,212 3,454 13,758 - 2014(A) FELLSWAY PLAZA MA 5,300 11,014 1,283 5,300 12,297 17,597 3,016 14,581 - 2014(A) FESTIVAL OF HYANNIS S.C. MA 15,038 40,683 2,588 15,038 43,271 58,309 11,861 46,448 - 2014(A) GLENDALE SQUARE MA 4,699 7,141 438 4,699 7,579 12,278 2,111 10,167 - 2014(A) LINDEN PLAZA MA 4,628 3,535 607 4,628 4,142 8,770 1,742 7,028 - 2014(A) MAIN ST. PLAZA MA 556 2,139 (33 ) 523 2,139 2,662 700 1,962 - 2014(A) MEMORIAL PLAZA MA 16,411 27,554 1,333 16,411 28,887 45,298 6,321 38,977 - 2014(A) MILL ST. PLAZA MA 4,195 6,203 1,060 4,195 7,263 11,458 1,718 9,740 - 2014(A) MORRISSEY PLAZA MA 4,097 3,751 2,753 4,097 6,504 10,601 631 9,970 - 2014(A) NORTH AVE. PLAZA MA 1,164 1,195 172 1,164 1,367 2,531 471 2,060 - 2014(A) NORTH QUINCY PLAZA MA 6,333 17,954 1 3,894 20,394 24,288 4,486 19,802 - 2014(A) PARADISE PLAZA MA 4,183 12,195 1,264 4,183 13,459 17,642 3,822 13,820 - 2014(A) VINNIN SQUARE IN-LINE MA 582 2,095 28 582 2,123 2,705 430 2,275 - 2014(A) VINNIN SQUARE PLAZA MA 5,545 16,324 382 5,545 16,706 22,251 5,196 17,055 - 2014(A) WASHINGTON ST. PLAZA MA 11,008 5,652 10,175 12,958 13,877 26,835 4,502 22,333 - 2014(A) WASHINGTON ST. S.C. MA 7,381 9,987 3,160 7,381 13,147 20,528 3,035 17,493 - 2014(A) WAVERLY PLAZA MA 1,215 3,623 584 1,203 4,219 5,422 1,116 4,306 - 2014(A) CENTRE COURT-GIANT MD 3,854 12,770 127 3,854 12,897 16,751 4,204 12,547 3,500 2011(A) CENTRE COURT-OLD COURT/COURTYD MD 2,279 5,285 40 2,279 5,325 7,604 1,559 6,045 - 2011(A) CENTRE COURT-RETAIL/BANK MD 1,035 7,786 527 1,035 8,313 9,348 2,231 7,117 477 2011(A) COLUMBIA CROSSING MD 3,613 34,345 2,533 3,613 36,878 40,491 7,682 32,809 - 2015(A) COLUMBIA CROSSING II SHOP.CTR. MD 3,138 19,868 4,614 3,138 24,482 27,620 5,673 21,947 - 2013(A) COLUMBIA CROSSING OUTPARCELS MD 1,279 2,871 49,620 14,854 38,916 53,770 5,993 47,777 - 2011(A) DORSEY'S SEARCH VILLAGE CENTER MD 6,322 27,996 916 6,322 28,912 35,234 5,933 29,301 - 2015(A) ENCHANTED FOREST S.C. MD 20,124 34,345 1,626 20,124 35,971 56,095 8,701 47,394 - 2014(A) FULLERTON PLAZA MD 14,238 6,744 10,776 14,238 17,520 31,758 3,675 28,083 - 2014(A) GAITHERSBURG S.C. MD 245 6,788 2,046 245 8,834 9,079 5,095 3,984 - 1999(A) GREENBRIER S.C. MD 8,891 30,305 1,148 8,891 31,453 40,344 7,389 32,955 - 2014(A) HARPER'S CHOICE MD 8,429 18,374 1,952 8,429 20,326 28,755 4,662 24,093 - 2015(A) HICKORY RIDGE MD 7,184 26,948 1,172 7,184 28,120 35,304 5,583 29,721 - 2015(A) HICKORY RIDGE (SUNOCO) MD 543 2,122 - 543 2,122 2,665 528 2,137 - 2015(A) INGLESIDE S.C. MD 10,417 17,889 790 10,417 18,679 29,096 4,923 24,173 - 2014(A) KENTLANDS MARKET SQUARE MD 20,167 84,615 19,621 20,167 104,236 124,403 16,761 107,642 - 2016(A) KINGS CONTRIVANCE MD 9,308 31,760 1,537 9,308 33,297 42,605 8,760 33,845 - 2014(A) LAUREL PLAZA MD 350 1,398 6,687 1,571 6,864 8,435 3,222 5,213 - 1995(A) LAUREL PLAZA MD 275 1,101 174 275 1,275 1,550 1,259 291 - 1972(C) MILL STATION DEVELOPMENT MD 21,321 - 65,635 16,076 70,880 86,956 4,275 82,681 - 2015(C) MILL STATION THEATER/RSTRNTS MD 23,379 1,090 (3,643 ) 14,738 6,088 20,826 1,851 18,975 - 2016(C) PIKE CENTER MD - 61,389 21,743 21,849 61,283 83,132 2,979 80,153 - 2021(A) PUTTY HILL PLAZA MD 4,192 11,112 1,213 4,192 12,325 16,517 4,095 12,422 - 2013(A) RADCLIFFE CENTER MD 12,043 21,188 (67 ) 12,043 21,121 33,164 5,743 27,421 - 2014(A) RIVERHILL VILLAGE CENTER MD 16,825 23,282 1,186 16,825 24,468 41,293 6,717 34,576 - 2014(A) SHAWAN PLAZA MD 4,466 20,222 (97 ) 4,466 20,125 24,591 13,763 10,828 - 2008(A) SHOPS AT DISTRICT HEIGHTS MD 8,166 21,971 (1,413 ) 7,298 21,426 28,724 4,058 24,666 - 2015(A) SNOWDEN SQUARE S.C. MD 1,929 4,558 5,155 3,326 8,316 11,642 2,526 9,116 - 2012(A) TIMONIUM CROSSING MD 2,525 14,863 391 2,525 15,254 17,779 3,559 14,220 - 2014(A) TIMONIUM SQUARE MD 6,000 24,283 14,197 7,311 37,169 44,480 19,940 24,540 - 2003(A) TOWSON PLACE MD 43,887 101,765 6,803 43,271 109,184 152,455 31,249 121,206 - 2012(A) VILLAGES AT URBANA MD 3,190 6 20,514 4,829 18,881 23,710 4,109 19,601 - 2003(A) WILDE LAKE MD 1,468 5,870 26,763 2,577 31,524 34,101 12,882 21,219 - 2002(A) WILKENS BELTWAY PLAZA MD 9,948 22,126 1,956 9,948 24,082 34,030 5,399 28,631 - 2014(A) YORK ROAD PLAZA MD 4,277 37,206 590 4,277 37,796 42,073 8,219 33,854 - 2014(A) THE FOUNTAINS AT ARBOR LAKES MN 28,585 66,699 14,854 29,485 80,653 110,138 37,158 72,980 - 2006(A) CENTER POINT S.C. MO - 550 - - 550 550 550 - - 1998(A) BRENNAN STATION NC 7,750 20,557 258 6,322 22,243 28,565 7,671 20,894 - 2011(A) BRENNAN STATION OUTPARCEL NC 628 1,666 (196 ) 450 1,648 2,098 452 1,646 - 2011(A) CAPITAL SQUARE NC 3,528 12,159 16 3,528 12,175 15,703 1,267 14,436 - 2021(A) CLOVERDALE PLAZA NC 541 720 7,432 541 8,152 8,693 4,489 4,204 - 1969(C) CROSSROADS PLAZA NC 768 3,099 1,270 768 4,369 5,137 2,594 2,543 - 2000(A) CROSSROADS PLAZA NC 13,406 86,456 1,965 13,406 88,421 101,827 22,025 79,802 - 2014(A) DAVIDSON COMMONS NC 2,979 12,860 655 2,979 13,515 16,494 4,003 12,491 - 2012(A) FALLS POINTE NC 4,049 27,415 42 4,049 27,457 31,506 1,642 29,864 - 2021(A) HIGH HOUSE CROSSING NC 3,604 10,950 91 3,604 11,041 14,645 1,030 13,615 - 2021(A) HOPE VALLEY COMMONS NC 3,743 16,808 67 3,743 16,875 20,618 1,067 19,551 - 2021(A) JETTON VILLAGE SHOPPES NC 3,875 10,292 656 2,144 12,679 14,823 3,723 11,100 - 2011(A) LEESVILLE TOWNE CENTRE NC 5,693 37,053 30 5,693 37,083 42,776 2,327 40,449 - 2021(A) MOORESVILLE CROSSING NC 12,014 30,604 360 11,447 31,531 42,978 14,473 28,505 - 2007(A) NORTHWOODS S.C. NC 2,696 9,397 1 2,696 9,398 12,094 787 11,307 - 2021(A) PARK PLACE SC NC 5,461 16,163 4,925 5,470 21,079 26,549 10,001 16,548 - 2008(A) PLEASANT VALLEY PROMENADE NC 5,209 20,886 23,741 5,209 44,627 49,836 25,613 24,223 - 1993(A) QUAIL CORNERS NC 7,318 26,676 2,288 7,318 28,964 36,282 6,719 29,563 - 2014(A) SIX FORKS S.C. NC - 78,366 205 - 78,571 78,571 5,518 73,053 - 2021(A) STONEHENGE MARKET NC 3,848 37,900 (173 ) 3,848 37,727 41,575 1,990 39,585 - 2021(A) TYVOLA SQUARE NC - 4,736 9,573 - 14,309 14,309 10,950 3,359 - 1986(A) WOODLAWN MARKETPLACE NC 919 3,571 3,338 919 6,909 7,828 4,873 2,955 - 2008(A) WOODLAWN SHOPPING CENTER NC 2,011 5,834 2,138 2,011 7,972 9,983 2,592 7,391 - 2012(A) ROCKINGHAM PLAZA NH 2,661 10,644 24,283 3,149 34,439 37,588 17,634 19,954 - 2008(A) WEBSTER SQUARE NH 11,683 41,708 7,589 11,683 49,297 60,980 11,449 49,531 - 2014(A) WEBSTER SQUARE - DSW NH 1,346 3,638 132 1,346 3,770 5,116 807 4,309 - 2017(A) WEBSTER SQUARE NORTH NH 2,163 6,511 245 2,163 6,756 8,919 1,668 7,251 - 2016(A) CENTRAL PLAZA NJ 3,170 10,603 2,051 5,145 10,679 15,824 4,034 11,790 - 2013(A) CLARK SHOPRITE 70 CENTRAL AVE NJ 3,497 11,694 995 13,960 2,226 16,186 1,493 14,693 - 2013(A) COMMERCE CENTER EAST NJ 1,519 5,080 1,753 7,235 1,117 8,352 783 7,569 - 2013(A) COMMERCE CENTER WEST NJ 386 1,290 161 794 1,043 1,837 327 1,510 - 2013(A) COMMONS AT HOLMDEL NJ 16,538 38,760 9,029 16,538 47,789 64,327 21,089 43,238 - 2004(A) EAST WINDSOR VILLAGE NJ 9,335 23,778 994 9,335 24,772 34,107 9,728 24,379 - 2008(A) GARDEN STATE PAVILIONS NJ 7,531 10,802 28,443 12,204 34,572 46,776 11,775 35,001 - 2011(A) HILLVIEW SHOPPING CENTER NJ 16,008 32,607 2,217 16,008 34,824 50,832 7,768 43,064 - 2014(A) HOLMDEL TOWNE CENTER NJ 10,825 43,301 11,678 10,825 54,979 65,804 29,458 36,346 - 2002(A) MAPLE SHADE NJ - 9,958 2,327 - 12,285 12,285 4,170 8,115 - 2009(A) MARLTON PLAZA NJ - 4,319 303 - 4,622 4,622 2,963 1,659 - 1996(A) NORTH BRUNSWICK PLAZA NJ 3,205 12,820 30,103 3,205 42,923 46,128 25,150 20,978 - 1994(A) PISCATAWAY TOWN CENTER NJ 3,852 15,411 1,761 3,852 17,172 21,024 10,757 10,267 - 1998(A) PLAZA AT HILLSDALE NJ 7,602 6,994 1,658 7,602 8,652 16,254 2,665 13,589 - 2014(A) PLAZA AT SHORT HILLS NJ 20,155 11,062 786 20,155 11,848 32,003 3,470 28,533 - 2014(A) RIDGEWOOD S.C. NJ 450 2,107 1,303 450 3,410 3,860 2,248 1,612 - 1993(A) SHOP RITE PLAZA NJ 2,418 6,364 3,007 2,418 9,371 11,789 7,651 4,138 - 1985(C) UNION CRESCENT III NJ 7,895 3,011 28,966 8,697 31,175 39,872 22,168 17,704 - 2007(A) WESTMONT PLAZA NJ 602 2,405 15,161 602 17,566 18,168 9,460 8,708 - 1994(A) WILLOWBROOK PLAZA NJ 15,320 40,997 10,816 15,320 51,813 67,133 12,284 54,849 - 2009(A) NORTH TOWNE PLAZA - ALBUQUERQUE NM 3,598 33,327 78 3,598 33,405 37,003 2,691 34,312 - 2021(A) CHARLESTON COMMONS NV 29,704 24,267 427 29,704 24,694 54,398 4,162 50,236 - 2021(A) COLLEGE PARK S.C.-N LAS VEGAS NV 2,100 18,413 (91 ) 2,100 18,322 20,422 1,683 18,739 - 2021(A) D'ANDREA MARKETPLACE NV 11,556 29,435 852 11,556 30,287 41,843 12,067 29,776 - 2007(A) DEL MONTE PLAZA NV 2,489 5,590 1,095 2,210 6,964 9,174 3,640 5,534 535 2006(A) DEL MONTE PLAZA ANCHOR PARCEL NV 6,513 17,600 188 6,520 17,781 24,301 3,179 21,122 - 2017(A) FRANCISCO CENTER NV 1,800 10,085 (897 ) 1,800 9,188 10,988 1,041 9,947 - 2021(A) GALENA JUNCTION NV 8,931 17,503 1,280 8,931 18,783 27,714 5,480 22,234 - 2015(A) MCQUEEN CROSSINGS NV 5,017 20,779 1,298 5,017 22,077 27,094 7,989 19,105 - 2015(A) RANCHO TOWNE & COUNTRY NV 7,785 13,364 (20 ) 7,785 13,344 21,129 1,160 19,969 - 2021(A) REDFIELD PROMENADE NV 4,415 32,035 52 4,415 32,087 36,502 10,756 25,746 - 2015(A) SPARKS MERCANTILE NV 6,222 17,069 486 6,222 17,555 23,777 5,368 18,409 - 2015(A) 501 NORTH BROADWAY NY - 1,176 (50 ) - 1,126 1,126 529 597 - 2007(A) AIRPORT PLAZA NY 22,711 107,012 5,278 22,711 112,290 135,001 27,158 107,843 - 2015(A) BELLMORE S.C. NY 1,272 3,184 1,836 1,272 5,020 6,292 2,713 3,579 - 2004(A) BIRCHWOOD PLAZA COMMACK NY 3,630 4,775 1,397 3,630 6,172 9,802 2,557 7,245 - 2007(A) BRIDGEHAMPTON COMMONS-W&E SIDE NY 1,812 3,107 42,184 1,858 45,245 47,103 26,390 20,713 - 1972(C) CARMAN'S PLAZA NY 12,558 37,290 2,240 12,562 39,526 52,088 995 51,093 - 2022(A) CHAMPION FOOD SUPERMARKET NY 758 1,875 (25 ) 2,241 367 2,608 261 2,347 - 2012(A) ELMONT S.C. NY 3,012 7,606 6,885 3,012 14,491 17,503 5,365 12,138 - 2004(A) ELMSFORD CENTER 1 NY 4,134 1,193 - 4,134 1,193 5,327 332 4,995 - 2013(A) ELMSFORD CENTER 2 NY 4,076 15,599 1,118 4,245 16,548 20,793 5,366 15,427 - 2013(A) FAMILY DOLLAR UNION TURNPIKE NY 909 2,250 244 1,057 2,346 3,403 688 2,715 - 2012(A) FOREST AVENUE PLAZA NY 4,559 10,441 3,084 4,559 13,525 18,084 5,055 13,029 - 2005(A) FRANKLIN SQUARE S.C. NY 1,079 2,517 3,785 1,079 6,302 7,381 2,508 4,873 - 2004(A) GREAT NECK OUTPARCEL NY 4,019 - - 4,019 - 4,019 - 4,019 - 2022(A) GREENRIDGE PLAZA NY 2,940 11,812 8,111 3,148 19,715 22,863 11,302 11,561 - 1997(A) HAMPTON BAYS PLAZA NY 1,495 5,979 3,431 1,495 9,410 10,905 8,530 2,375 - 1989(A) HICKSVILLE PLAZA NY 3,543 8,266 2,628 3,543 10,894 14,437 5,105 9,332 - 2004(A) INDEPENDENCE PLAZA NY 12,279 34,814 230 16,132 31,191 47,323 9,853 37,470 - 2014(A) JERICHO COMMONS SOUTH NY 12,368 33,071 3,734 12,368 36,805 49,173 15,032 34,141 2,219 2007(A) KEY FOOD - 21ST STREET NY 1,091 2,700 (165 ) 1,669 1,957 3,626 526 3,100 - 2012(A) KEY FOOD - ATLANTIC AVE NY 2,273 5,625 509 4,809 3,598 8,407 1,179 7,228 - 2012(A) KEY FOOD - CENTRAL AVE. NY 2,788 6,899 (395 ) 2,603 6,689 9,292 1,873 7,419 - 2012(A) KINGS HIGHWAY NY 2,744 6,811 2,283 2,744 9,094 11,838 4,526 7,312 - 2004(A) KISSENA BOULEVARD SHOPPING CTR NY 11,610 2,933 1,801 11,610 4,734 16,344 1,373 14,971 - 2007(A) LITTLE NECK PLAZA NY 3,277 13,161 6,172 3,277 19,333 22,610 10,296 12,314 - 2003(A) MANETTO HILL PLAZA NY 264 584 16,432 264 17,016 17,280 8,057 9,223 - 1969(C) MANHASSET CENTER NY 4,567 19,166 33,401 3,472 53,662 57,134 32,885 24,249 - 1999(A) MARKET AT BAY SHORE NY 12,360 30,708 6,722 12,360 37,430 49,790 17,423 32,367 11,994 2006(A) MASPETH QUEENS-DUANE READE NY 1,872 4,828 1,037 1,872 5,865 7,737 2,577 5,160 - 2004(A) MILLERIDGE INN NY 7,500 481 (34 ) 7,500 447 7,947 66 7,881 - 2015(A) MINEOLA CROSSINGS NY 4,150 7,521 487 4,150 8,008 12,158 3,019 9,139 - 2007(A) NORTH MASSAPEQUA S.C. NY 1,881 4,389 (1,787 ) - 4,483 4,483 4,328 155 - 2004(A) OCEAN PLAZA NY 564 2,269 19 564 2,288 2,852 1,153 1,699 - 2003(A) RALPH AVENUE PLAZA NY 4,414 11,340 4,037 4,414 15,377 19,791 6,851 12,940 - 2004(A) RICHMOND S.C. NY 2,280 9,028 21,719 2,280 30,747 33,027 17,774 15,253 - 1989(A) ROMAINE PLAZA NY 782 1,826 588 782 2,414 3,196 1,088 2,108 - 2005(A) SEQUAMS SHOPPING CENTER NY 3,971 8,654 - 3,971 8,654 12,625 60 12,565 - 2022(A) SHOPRITE S.C. NY 872 3,488 - 872 3,488 4,360 2,689 1,671 - 1998(A) STOP & SHOP NY 21,661 17,636 - 21,661 17,636 39,297 94 39,203 10,608 2022(A) SMITHTOWN PLAZA NY 3,528 7,364 613 3,437 8,068 11,505 3,854 7,651 - 2009(A) SOUTHGATE SHOPPING CENTER NY 18,822 62,670 6 18,822 62,676 81,498 510 80,988 18,729 2022(A) SYOSSET CORNERS NY 6,169 13,302 6 6,169 13,308 19,477 96 19,381 - 2022(A) SYOSSET S.C. NY 107 76 2,345 107 2,421 2,528 1,435 1,093 - 1990(C) THE BOULEVARD NY 28,724 38,232 244,106 28,724 282,338 311,062 25,827 285,235 - 2006(A) THE GARDENS AT GREAT NECK NY 27,956 71,366 - 27,956 71,366 99,322 713 98,609 16,961 2022(A) THE GREEN COVE PLAZA NY 17,017 39,206 - 17,017 39,206 56,223 388 55,835 11,153 2022(A) THE MARKETPLACE NY 4,498 9,850 - 4,498 9,850 14,348 69 14,279 5,049 2022(A) TOWNPATH CORNER NY 2,675 6,408 - 2,675 6,408 9,083 78 9,005 - 2022(A) TURNPIKE PLAZA NY 2,472 5,839 1,055 2,472 6,894 9,366 2,556 6,810 - 2011(A) VETERANS MEMORIAL PLAZA NY 5,968 23,243 22,616 5,980 45,847 51,827 20,286 31,541 - 1998(A) WHITE PLAINS S.C. NY 1,778 4,454 2,947 1,778 7,401 9,179 3,038 6,141 - 2004(A) WOODBURY COMMON NY 27,249 28,516 12 27,249 28,528 55,777 261 55,516 16,389 2022(A) JANTZEN BEACH CENTER OR 57,575 102,844 1,495 57,588 104,326 161,914 22,366 139,548 - 2017(A) CENTER SQUARE SHOPPING CENTER PA 732 2,928 1,302 691 4,271 4,962 3,133 1,829 - 1996(A) CRANBERRY TOWNSHIP-PARCEL 1&2 PA 10,271 30,770 2,562 6,070 37,533 43,603 7,626 35,977 - 2016(A) CROSSROADS PLAZA PA 789 3,155 14,409 976 17,377 18,353 11,677 6,676 - 1986(A) DEVON VILLAGE PA 4,856 25,847 773 5,608 25,868 31,476 8,604 22,872 - 2012(A) FISHTOWN CROSSING PA 20,398 22,602 3 20,401 22,602 43,003 961 42,042 - 2022(A) FRANKFORD AVENUE S.C. PA 732 2,928 - 732 2,928 3,660 1,977 1,683 - 1996(A) HARRISBURG EAST SHOPPING CTR. PA 453 6,665 11,736 3,003 15,851 18,854 9,653 9,201 - 2002(A) HORSHAM POINT PA 3,813 18,189 160 3,813 18,349 22,162 3,866 18,296 - 2015(A) LINCOLN SQUARE PA 90,479 - 75,807 10,533 155,753 166,286 13,886 152,400 - 2017(C) NORRITON SQUARE PA 686 2,665 4,436 774 7,013 7,787 5,548 2,239 - 1984(A) POCONO PLAZA PA 1,050 2,373 18,402 1,050 20,775 21,825 2,664 19,161 - 1973(C) SHOPPES AT WYNNEWOOD PA 7,479 - 3,676 7,479 3,676 11,155 627 10,528 - 2015(C) SHREWSBURY SQUARE S.C. PA 8,066 16,998 (2,084 ) 6,172 16,808 22,980 4,266 18,714 - 2014(A) SPRINGFIELD S.C. PA 920 4,982 13,698 920 18,680 19,600 12,682 6,918 - 1983(A) SUBURBAN SQUARE PA 70,680 166,351 83,062 71,280 248,813 320,093 72,766 247,327 - 2007(A) TOWNSHIP LINE S.C. PA 732 2,928 - 732 2,928 3,660 1,977 1,683 - 1996(A) WAYNE PLAZA PA 6,128 15,605 954 6,136 16,551 22,687 6,573 16,114 - 2008(A) WEXFORD PLAZA PA 6,414 9,775 13,159 6,299 23,049 29,348 7,228 22,120 - 2010(A) WHITEHALL MALL PA - 5,196 - - 5,196 5,196 3,508 1,688 - 1996(A) WHITELAND TOWN CENTER PA 732 2,928 59 732 2,987 3,719 2,036 1,683 - 1996(A) WHOLE FOODS AT WYNNEWOOD PA 15,042 - 11,785 13,772 13,055 26,827 1,632 25,195 - 2014(C) LOS COLOBOS - BUILDERS SQUARE PR 4,405 9,628 (538 ) 4,461 9,034 13,495 8,434 5,061 - 2006(A) LOS COLOBOS - KMART PR 4,595 10,120 (827 ) 4,402 9,486 13,888 8,458 5,430 - 2006(A) LOS COLOBOS I PR 12,891 26,047 809 13,613 26,134 39,747 13,930 25,817 - 2006(A) LOS COLOBOS II PR 14,894 30,681 1,256 15,142 31,689 46,831 16,923 29,908 - 2006(A) MANATI VILLA MARIA SC PR 2,781 5,673 1,822 2,607 7,669 10,276 4,724 5,552 - 2006(A) PLAZA CENTRO - COST |
Schedule IV - Mortgage Loans on
Schedule IV - Mortgage Loans on Real Estate | 12 Months Ended |
Dec. 31, 2022 | |
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, 2022 (in thousands) Description Interest Rate Final Maturity Date Periodic Payment Terms (a) Prior Liens Original Face Amount of Mortgages Carrying Amount of Mortgages (b) Principal Amount of Loans Subject to Delinquent Principal or Interest Mortgage Loans: Retail Lynwood, CA 9.00 % Jun-25 I $ - $ 16,463 $ 16,463 $ - 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 - Las Vegas, NV 12.00 % May-33 I - 3,075 3,075 - Las Vegas, NV 7.00 % Oct-53 I - 3,410 3,410 - Nonretail Commack, NY 7.41 % Oct-26 P&I - 1,354 166 - Melbourne, FL 6.88 % Dec-30 P&I - 500 206 - Other Financing Loans: Nonretail Borrower A 8.64 % Apr-23 P&I - 175 35 - Borrower B 7.00 % Mar-31 P&I - 397 345 - Allowance for Credit losses: - - (1,300 ) - $ - $ 95,474 $ 87,359 $ - (a) I = Interest only; P&I = Principal & Interest. (b) The aggregate cost for Federal income tax purposes was approximately $87.3 million as of December 31, 2022. For a reconciliation of mortgage and other financing receivables from January 1, 2020 December 31, 2022, 12 10 The Company feels it is not not The cost of obtaining an independent valuation on these assets is deemed excessive considering the materiality of the total receivables. |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Business and Organization, Policy [Policy Text Block] | Business and Organization The Company operates as a Real Estate Investment Trust (“REIT”) and is engaged principally in the ownership, management, development and operation of open-air shopping centers, which are anchored primarily by grocery stores, off-price retailers, discounters or service-oriented tenants. Additionally, the Company provides complementary services that capitalize on the Company’s established retail real estate expertise. The Company evaluates performance on a property specific or transactional basis and does not The Company has elected to be taxed as a REIT for federal income tax purposes under the Internal Revenue Code of 1986, In January 2023, 29 |
Weingarten Merger [Policy Text Block] | Weingarten Merger On August 3, 2021, April 15, 2021. 2021, 2 |
Coronavirus Disease 2019 [Policy Text Block] | Economic Conditions The economy continues to face several issues including the lack of qualified employees, inflation risk, supply chain issues and new COVID- 19 may |
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation The accompanying 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. |
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 Footnote 29 |
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 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 to 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 properties, consistent with its core business. These joint ventures typically obtain non-recourse third may December 31, 2022, 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 $2.9 million and $9.0 million at December 31, 2022 2021, December 31, 2021. |
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 defers certain loan origination and commitment fees, net of certain origination costs and amortizes them as an adjustment of the loan’s yield over the term of the related loan. The Company 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 Interest income on performing loans is accrued as earned. 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 Incremental 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 were acquired in connection with the Merger, 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, 2022 2021, no The Company’s primary source 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 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 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 included (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. two 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 11 |
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 28 |
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 23 |
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, the Company reclassified $5.7 million of land held for development from Real estate under development to Land on the Company’s Consolidated Balance Sheets at December 31, 2021. December 31, 2021 2020, 2021 2020 Operating activities: Straight-line rental income adjustments, net $ (22.6 ) $ 5.9 Amortization of amortization of above-market and below-market leases, net $ (14.8 ) $ (22.5 ) Amortization of deferred financing costs and fair value debt adjustments, net $ (9.4 ) $ 6.3 Change in accounts and notes receivable, net $ 22.6 $ (5.9 ) Change in other operating assets and liabilities, net $ 24.2 $ 16.2 Financing activities: Change in other financing liabilities $ - $ 5.6 Shares repurchased for employee tax withholdings on equity awards $ - $ (5.4 ) Change in tenant’s security deposits $ - $ (0.2 ) |
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, 2022, 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 is assessing the impact this ASU will have on the Company’s financial position and/or results of operations. 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 is not The following ASUs to the FASB’s ASCs have 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 05, 842 This ASU amends the lessor lease classification in ASC 842 not not 842 1 January 1, 2022 The adoption of this ASU did not ASU 2020 04, 848 2022 06, 848 In March 2020, 2020 04, 848 2020 04" 2020 04 2020 04 may In December 2022, 2022 06, 848 2022 06” 2020 04 December 31, 2024. 2022 06 March 2020 December 31, 2024 ASU 2020 04 not 2022 06 no December 31, 2022. |
Note 1 - Summary of Significa_2
Note 1 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] | 2021 2020 Operating activities: Straight-line rental income adjustments, net $ (22.6 ) $ 5.9 Amortization of amortization of above-market and below-market leases, net $ (14.8 ) $ (22.5 ) Amortization of deferred financing costs and fair value debt adjustments, net $ (9.4 ) $ 6.3 Change in accounts and notes receivable, net $ 22.6 $ (5.9 ) Change in other operating assets and liabilities, net $ 24.2 $ 16.2 Financing activities: Change in other financing liabilities $ - $ 5.6 Shares repurchased for employee tax withholdings on equity awards $ - $ (5.4 ) Change in tenant’s security deposits $ - $ (0.2 ) |
Note 2 - Weingarten Merger (Tab
Note 2 - Weingarten Merger (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable [Table Text Block] | Weingarten common shares outstanding as of August 3, 2021 127,784,006 Exchange ratio 1.408 Kimco common stock issued 179,919,880 |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Purchase Price Property Name Location Month 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 $ 135,633 $ 524,892 934 Purchase Price Property Name Location Month Acquired/ Consolidated Cash Debt Other Total GLA Distribution Center #1 (1) Lancaster, CA Jan-21 $ 58,723 $ - $ 11,277 $ 70,000 927 Distribution Center #2 (1) Woodland, CA Jan-21 27,589 - 6,411 34,000 508 Jamestown Portfolio (6 properties) (2) Various Oct-21 172,899 170,000 87,094 429,993 1,226 KimPru Portfolio (2 properties) (2) Various Oct-21 61,705 64,169 15,212 141,086 478 Columbia Crossing Parcel Columbia, MD Oct-21 12,600 - - 12,600 45 Centro Arlington (2) Arlington, VA Nov-21 24,178 - 184,850 209,028 72 $ 357,694 $ 234,169 $ 304,844 $ 896,707 3,256 |
Business Acquisition, Pro Forma Information [Table Text Block] | Year Ended December 31, 2021 2020 Revenues from rental properties, net $ 2,341.4 $ 2,234.9 Net income (1) $ 1,114.6 $ 1,193.1 Net income available to the Company’s common shareholders (1) $ 1,084.1 $ 1,166.3 |
Weingarten Realty Investors [Member] | |
Notes Tables | |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Price of Kimco Common Stock Equity Consideration Given (Kimco Shares Issued) Calculated Value of Weingarten Consideration Cash Consideration * Total Value of Consideration As of August 3, 2021 $ 20.78 179,920 $ 3,738,735 $ 320,424 $ 4,059,159 Purchase Price Allocation Land $ 1,174,407 Building and improvements 4,040,244 In-place leases 370,685 Above-market leases 42,133 Real estate assets 5,627,469 Investments in and advances to real estate joint ventures 585,382 Cash, accounts receivable and other assets 241,582 Total assets acquired 6,454,433 Notes payable (1,497,632 ) Mortgages payable (317,671 ) Accounts payable and other liabilities (283,559 ) Below-market leases (119,373 ) Noncontrolling interests (177,039 ) Total liabilities assumed (2,395,274 ) Total purchase price $ 4,059,159 Weighted Average Amortization Period (in Years) Land n/a Building 50.0 Building improvements 45.0 Tenant improvements 7.1 Fixtures and leasehold improvements 6.2 In-place leases 5.6 Above-market leases 10.1 Below-market leases 31.5 Right-of-use intangible assets 30.9 Fair market value of debt adjustment 3.7 |
Note 3 - Real Estate (Tables)
Note 3 - Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Table Text Block] | December 31, 2022 2021 Land: Developed land $ 4,102,542 $ 3,962,447 Undeveloped land 16,328 16,328 Land held for development 5,672 5,672 Total land 4,124,542 3,984,447 Buildings and improvements: Buildings 10,158,588 10,042,225 Building improvements 2,080,437 1,999,319 Tenant improvements 1,046,969 987,216 Fixtures and leasehold improvements 36,627 31,421 Above-market leases 170,211 166,840 In-place leases 839,868 840,803 Total buildings and improvements 14,332,700 14,067,824 Real estate 18,457,242 18,052,271 Accumulated depreciation and amortization (1) (3,417,414 ) (3,010,699 ) Total real estate, net $ 15,039,828 $ 15,041,572 |
Above and Below Market Lease Tenant Relationships Future Amortization Income Expense [Table Text Block] | 2023 2024 2025 2026 2027 Above-market and below-market leases amortization, net $ 11.0 $ 12.8 $ 13.2 $ 14.0 $ 13.5 In-place leases amortization $ (83.5 ) $ (56.5 ) $ (39.6 ) $ (28.1 ) $ (21.0 ) |
Note 4 - Property Acquisitions
Note 4 - Property Acquisitions (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Purchase Price Property Name Location Month 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 $ 135,633 $ 524,892 934 Purchase Price Property Name Location Month Acquired/ Consolidated Cash Debt Other Total GLA Distribution Center #1 (1) Lancaster, CA Jan-21 $ 58,723 $ - $ 11,277 $ 70,000 927 Distribution Center #2 (1) Woodland, CA Jan-21 27,589 - 6,411 34,000 508 Jamestown Portfolio (6 properties) (2) Various Oct-21 172,899 170,000 87,094 429,993 1,226 KimPru Portfolio (2 properties) (2) Various Oct-21 61,705 64,169 15,212 141,086 478 Columbia Crossing Parcel Columbia, MD Oct-21 12,600 - - 12,600 45 Centro Arlington (2) Arlington, VA Nov-21 24,178 - 184,850 209,028 72 $ 357,694 $ 234,169 $ 304,844 $ 896,707 3,256 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | Allocation as of December 31, 2022 Weighted- Average Useful Life (in Years) Allocation as of December 31, 2021 Weighted- Average Useful Life (in Years) Land $ 207,067 n/a $ 154,320 n/a Buildings 271,525 50.0 679,646 50.0 Building improvements 13,273 45.0 18,476 45.0 Tenant improvements 11,689 7.9 16,391 8.5 Solar panels 2,308 20.0 - n/a In-place leases 28,405 6.9 48,648 9.1 Above-market leases 8,408 8.3 6,581 6.5 Below-market leases (24,069 ) 16.1 (39,712 ) 38.9 Mortgage fair value adjustment 9,430 6.5 - n/a Other assets - n/a 21,331 n/a Other liabilities (3,144) n/a (8,974 ) n/a Net assets acquired/consolidated $ 524,892 $ 896,707 |
Note 5 - Dispositions of Real_2
Note 5 - Dispositions of Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Disposal Groups, Including Discontinued Operations [Table Text Block] | Year Ended December 31, 2022 2021 2020 Aggregate sales price/gross fair value (1) $ 191.1 $ 612.4 $ 31.8 Gain on sale of properties (1) (2) $ 15.2 $ 30.8 $ 6.5 Number of operating properties sold/deconsolidated (1) 9 13 3 Number of parcels sold 13 10 4 |
Note 6 - Impairments (Tables)
Note 6 - Impairments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Details of Impairment of Long-Lived Assets Held and Used by Asset [Table Text Block] | 2022 2021 2020 Properties marketed for sale (1) $ 21.6 $ 2.7 $ 5.5 Properties disposed/deeded in lieu/foreclosed - - 1.1 Other impairments 0.4 0.9 - Total impairment charges $ 22.0 $ 3.6 $ 6.6 |
Note 7 - Investment In and Ad_2
Note 7 - Investment In and Advances to Real Estate Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Equity Method Investments [Table Text Block] | Noncontrolling The Company's Investment Ownership Interest As of December 31, Joint Venture As of December 31, 2022 2022 2021 Prudential Investment Program 15.0% $ 153.6 $ 163.0 Kimco Income Opportunity Portfolio (“KIR”) (1) 52.1% 281.5 186.0 Canada Pension Plan Investment Board (“CPP”) 55.0% 190.8 165.1 Other Institutional Joint Ventures (2) Various 256.8 281.8 Other Joint Venture Programs Various 208.9 211.0 Total* $ 1,091.6 $ 1,006.9 |
Joint Venture Investments Accounted For Under The Equity Method Debt Details [Table Text Block] | December 31, 2022 December 31, 2021 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 $ 380.1 5.20 % 33.1 $ 426.9 2.02 % 45.6 KIR 297.9 5.46 % 47.2 492.6 2.55 % 27.9 CPP 83.1 6.14 % 43.0 84.2 1.85 % 55.0 Other Institutional Joint Ventures 233.5 4.30 % 47.7 232.9 1.65 % 59.7 Other Joint Venture Programs 388.8 4.10 % 71.8 402.1 3.58 % 83.0 Total $ 1,383.4 $ 1,638.7 |
Investments in and Advances to Affiliates [Table Text Block] | December 31, 2022 2021 Assets: Real estate, net $ 668.7 $ 769.4 Other assets, net 72.4 68.2 Total Assets $ 741.1 $ 837.6 Liabilities and Members’ Capital: Notes payable, net $ 272.9 $ 258.8 Mortgages payable, net 25.0 233.7 Other liabilities 13.9 16.2 Members’ capital 429.3 328.9 Total Liabilities and Members’ Capital $ 741.1 $ 837.6 December 31, 2022 2021 Assets: Real estate, net $ 3,440.1 $ 3,619.4 Other assets, net 208.4 193.8 Total Assets $ 3,648.5 $ 3,813.2 Liabilities and Members’ Capital: Notes payable, net $ 159.5 $ 199.0 Mortgages payable, net 925.9 947.2 Other liabilities 78.8 73.8 Noncontrolling interests 33.5 32.6 Members’ capital 2,450.8 2,560.6 Total Liabilities and Members’ Capital $ 3,648.5 $ 3,813.2 |
Schedule of Investments in and Advances to Affiliates, Schedule of Investments [Table Text Block] | Year Ended December 31, 2022 2021 2020 Revenues, net $ 182.5 $ 186.6 $ 173.9 Operating expenses (48.2 ) (51.3 ) (49.5 ) Depreciation and amortization (39.4 ) (40.3 ) (36.9 ) Gain on sale of properties 76.2 - - Interest expense (15.5 ) (18.1 ) (23.8 ) Other expense, net (1.2 ) (2.1 ) (1.6 ) Net income $ 154.4 $ 74.8 $ 62.1 Year Ended December 31, 2022 2021 2020 Revenues, net $ 395.2 $ 340.3 $ 282.4 Operating expenses (126.9 ) (111.7 ) (101.9 ) Impairment charges (21.1 ) (23.5 ) (4.4 ) Depreciation and amortization (119.0 ) (97.2 ) (75.0 ) Gain on sale of properties 24.7 61.5 0.2 Interest expense (38.6 ) (27.6 ) (31.2 ) Other expense, net (6.2 ) (0.9 ) (10.8 ) Net income $ 108.1 $ 140.9 $ 59.3 |
Income [Member] | |
Notes Tables | |
Equity Method Investments [Table Text Block] | Year Ended December 31, 2022 2021 2020 Prudential Investment Program (1) $ 9.6 $ 17.5 $ 9.0 KIR 70.3 36.9 30.5 CPP 10.6 9.2 5.6 Other Institutional Joint Ventures 7.0 1.7 - Other Joint Venture Programs 12.0 19.5 2.3 Total $ 109.5 $ 84.8 $ 47.4 |
Note 9 - Marketable Securities
Note 9 - Marketable Securities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Marketable Securities [Table Text Block] | As of December 31, 2022 As of December 31, 2021 Marketable securities: Amortized cost $ 87,411 $ 114,159 Unrealized gains, net 510,321 1,097,580 Total fair value $ 597,732 $ 1,211,739 |
Gain (Loss) on Securities [Table Text Block] | Year Ended December 31, 2022 2021 2020 (Loss)/gain on marketable securities, net $ (315,508 ) $ 505,163 $ 594,753 Dividend income (included in Other income, net) 18,002 16,958 4,096 |
Note 10 - Accounts and Notes _2
Note 10 - Accounts and Notes Receivable (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | As of December 31, 2022 As of December 31, 2021 Billed tenant receivables $ 33,801 $ 20,970 Unbilled common area maintenance, insurance and tax reimbursements 56,001 55,283 Deferred rent receivables 1,905 5,029 Defined benefit plan receivable 14,421 6,658 Other receivables 8,361 9,067 Straight-line rent receivables 189,737 157,670 Total accounts and notes receivable, net $ 304,226 $ 254,677 |
Note 11 - Leases (Tables)
Note 11 - Leases (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Operating Lease, Lease Income [Table Text Block] | Year Ended December 31, 2022 2021 2020 Lease income: Fixed lease income (1) $ 1,353,024 $ 1,045,888 $ 871,151 Variable lease income (2) 339,722 264,040 232,272 Above-market and below-market leases amortization, net 13,591 14,843 22,515 Adjustments for potentially uncollectible revenues and disputed amounts (3) 4,511 24,931 (81,050 ) Total lease income $ 1,710,848 $ 1,349,702 $ 1,044,888 |
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity [Table Text Block] | 2023 2024 2025 2026 2027 Thereafter Minimum revenues $ 1,239.4 $ 1,130.8 $ 989.9 $ 840.5 $ 674.4 $ 2,862.3 |
Lease, Cost [Table Text Block] | Operating Leases Finance Leases Weighted-average remaining lease term (in years) 24.4 1.0 Weighted-average discount rate 6.62 % 4.44 % Year Ended December 31, 2022 2021 2020 Lease cost: Finance lease cost $ 1,294 $ 569 $ - Operating lease cost 12,994 11,637 10,371 Variable lease cost 4,143 3,972 2,852 Total lease cost $ 18,431 $ 16,178 $ 13,223 |
Lessee, Operating Lease, Maturity [Table Text Block] | Year Ending December 31, Operating Leases Financing Leases (1) 2023 $ 12,410 $ 22,987 2024 11,582 - 2025 11,067 - 2026 10,402 - 2027 10,118 - Thereafter 188,952 - Total minimum lease payments $ 244,531 $ 22,987 Less imputed interest (130,852 ) (962 ) Total lease liabilities (2) $ 113,679 $ 22,025 |
Note 12 - Other Assets (Tables)
Note 12 - Other Assets (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Issued and Acquired Mortgage Loans and Other Financing Receivables [Table Text Block] | 2022 2021 2020 Balance at January 1, $ 73,102 $ 32,246 $ 7,829 Additions: New mortgage and other loans (1) 75,063 55,307 25,500 Deductions: Loan repayments (2) (60,211 ) (13,646 ) (25 ) Collections of principal (95 ) (130 ) (152 ) Allowance for credit losses (500 ) (370 ) (906 ) Other adjustments - (305 ) - Balance at December 31, $ 87,359 $ 73,102 $ 32,246 |
Note 13 - Notes Payable (Tables
Note 13 - Notes Payable (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Debt [Table Text Block] | Date Issued Amount Issued Interest Rate Maturity Date Aug-22 $ 650.0 4.600% Feb-33 Feb-22 $ 600.0 3.200% Apr-32 Sept-21 $ 500.0 2.25% Dec-31 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 2022 2021 2022 2021 December 31, 2022 Senior unsecured notes $ 6,803.0 $ 7,002.1 1.90% - 6.88% 1.90% - 6.88% Jan-2024 – Oct-2049 Credit facility (1) - - n/a n/a Mar-2024 Fair value debt adjustments, net 44.4 81.0 n/a n/a n/a Deferred financing costs, net (2) (66.4 ) (56.0 ) n/a n/a n/a $ 6,781.0 $ 7,027.1 3.45%* 3.35%* |
Unsecured Debt [Member] | |
Notes Tables | |
Schedule of Maturities of Long-Term Debt [Table Text Block] | 2023 2024 2025 2026 2027 Thereafter Total Principal payments $ - $ 646.2 $ 740.5 $ 773.0 $ 433.7 $ 4,209.6 $ 6,803.0 |
Note 14 - Mortgages Payable (Ta
Note 14 - Mortgages Payable (Tables) - Mortgages [Member] | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Long-Term Debt Instruments [Table Text Block] | Carrying Amount at December 31, Interest Rate at December 31, Maturity Date at 2022 2021 2022 2021 December 31, 2022 Mortgages payable $ 379.3 $ 439.2 3.23% - 7.23% 3.23% - 7.23% May-2023 – Jun-2031 Fair value debt adjustments, net (0.7 ) 10.8 n/a n/a n/a Deferred financing costs, net (1.7 ) (1.3 ) n/a n/a n/a $ 376.9 $ 448.7 4.16%* 4.12%* |
Schedule of Maturities of Long-Term Debt [Table Text Block] | 2023 2024 2025 2026 2027 Thereafter Total Principal payments $ 23.4 $ 21.5 $ 73.0 $ 7.4 $ 39.0 $ 215.0 $ 379.3 |
Note 16 - Noncontrolling Inte_2
Note 16 - Noncontrolling Interests and Redeemable Noncontrolling Interests (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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 6,104,831 3.75% Common Outside Partner Units $ 20.00 678,306 Equal to the Company’s common stock dividend |
Redeemable Noncontrolling Interest [Table Text Block] | 2022 2021 Balance at January 1, $ 13,480 $ 15,784 Fair value allocation to unitholders/partnership interest (1) (2) 79,663 2,068 Income 1,770 751 Distributions (1) (1,771 ) (2,819 ) Redemption/conversion of noncontrolling interests (209 ) - Adjustment to estimated redemption value (3) - (2,304 ) Balance at December 31, $ 92,933 $ 13,480 |
Note 17 - Variable Interest E_2
Note 17 - Variable Interest Entities ("VIE") (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Variable Interest Entities [Table Text Block] | December 31, 2022 December 31, 2021 Number of unencumbered VIEs 29 30 Number of encumbered VIEs 3 4 Total number of consolidated VIEs 32 34 Restricted Assets: Real estate, net $ 425.5 $ 222.9 Cash and cash equivalents 7.9 2.0 Accounts and notes receivable, net 1.7 2.0 Other assets 1.5 1.0 Total Restricted Assets $ 436.6 $ 227.9 VIE Liabilities: Mortgages payable, net $ 109.7 $ 78.9 Accounts payable and accrued expenses 10.9 11.8 Operating lease liabilities 5.2 6.7 Other liabilities 73.3 56.5 Total VIE Liabilities $ 199.1 $ 153.9 |
Note 18 - Fair Value Disclosu_2
Note 18 - Fair Value Disclosure of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Fair Value, by Balance Sheet Grouping [Table Text Block] | December 31, 2022 2021 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Notes payable, net (1) $ 6,780,969 $ 5,837,401 $ 7,027,050 $ 7,330,723 Mortgages payable, net (2) $ 376,917 $ 311,659 $ 448,652 $ 449,758 |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | 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, 2021 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 1,211,739 $ 1,211,739 $ - $ - Balance at December 31, 2021 Level 1 Level 2 Level 3 Other investments $ 9,834 $ - $ - $ 9,834 |
Note 19 - Preferred Stock, Co_2
Note 19 - Preferred Stock, Common Stock and Convertible Unit Transactions (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Class of Treasury Stock [Table Text Block] | Class of Preferred Stock Depositary Shares Repurchased Purchase Price (in millions) Class L 54,508 $ 1.3 Class M 90,760 $ 2.1 |
Schedule of Stockholders Equity [Table Text Block] | 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 As of December 31, 2021 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 9,000 $ 225,000 5.125 % $ 1.28125 $ 1.00 8/16/2022 Class M 10,580 10,580 264,500 5.250 % $ 1.31250 $ 1.00 12/20/2022 19,580 $ 489,500 |
Dividends Declared [Table Text Block] | Year Ended December 31, 2022 2021 2020 Common Stock $ 0.84000 $ 0.68000 $ 0.54000 Class L Depositary Shares $ 1.28125 $ 1.28125 $ 1.28125 Class M Depositary Shares $ 1.31250 $ 1.31250 $ 1.31250 |
Note 20 - Supplemental Schedu_2
Note 20 - Supplemental Schedule of Non-cash Investing / Financing Activities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | 2022 2021 2020 Acquisition of real estate interests: Mortgages debt $ 79,362 $ - $ - Other liabilities $ 59,000 $ - $ - Redeemable noncontrolling interests $ 79,663 $ - $ - Capital expenditures accrual $ 29,079 $ 34,651 $ 37,411 Surrender of common stock $ 13,790 $ 20,909 $ 5,395 Declaration of dividends paid in succeeding period $ 5,326 $ 5,366 $ 5,366 Decrease in redeemable noncontrolling interests’ carrying amount $ - $ (2,304 ) $ (2,160 ) Lease liabilities arising from obtaining operating right-of-use assets $ - $ 553 $ - 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 $ - $ 506,266 $ - Increase in mortgages payable, other liabilities and noncontrolling interests $ - $ 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, 2022 As of December 31, 2021 Cash and cash equivalents $ 146,970 $ 325,631 Restricted cash 2,859 9,032 Total cash, cash equivalents and restricted cash $ 149,829 $ 334,663 |
Note 23 - Incentive Plans (Tabl
Note 23 - Incentive Plans (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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, 2020 1,297,936 $ 19.60 $ 2.0 Exercised (63,365 ) $ 15.48 $ 0.2 Forfeited (72,250 ) $ 16.20 Options outstanding, December 31, 2020 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 $ - Options exercisable (fully vested) December 31, 2020 1,162,321 $ 20.03 $ - December 31, 2021 488,755 $ 21.48 $ 1.5 December 31, 2022 282,134 $ 22.13 $ - |
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] | 2022 2021 2020 Restricted stock outstanding as of January 1, 2,347,608 2,394,825 2,367,843 Granted (1) 819,090 754,560 820,150 Vested (511,772 ) (759,665 ) (784,120 ) Forfeited (48,956 ) (42,112 ) (9,048 ) Restricted stock outstanding as of December 31, 2,605,970 2,347,608 2,394,825 |
Share-Based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block] | 2022 2021 2020 Performance share awards outstanding as of January 1, 1,052,100 913,800 704,530 Granted (1) 458,660 545,380 506,720 Vested (2) (506,720 ) (407,080 ) (297,450 ) Performance share awards outstanding as of December 31, 1,004,040 1,052,100 913,800 |
Performance Shares [Member] | |
Notes Tables | |
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | 2022 2021 2020 Stock price $ 24.27 $ 17.87 $ 18.93 Dividend yield (1) 0 % 0 % 0 % Risk-free rate 1.72 % 0.20 % 1.42 % Volatility (2) 49.07 % 48.41 % 24.67 % Term of the award (years) 2.87 2.86 2.88 |
Note 24 - Defined Benefit Plan
Note 24 - Defined Benefit Plan (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block] | 2022 2021* Change in Projected Benefit Obligation: Benefit obligation at beginning of period $ 36,995 $ 73,081 Interest cost 1,052 762 Settlement payments - (29,107 ) Actuarial gain (9,781 ) (6,831 ) Benefit payments (2,101 ) (910 ) Benefit obligation at end of period $ 26,165 $ 36,995 Change in Plan Assets: Fair value of plan assets at beginning of period $ 43,653 $ 74,025 Actual return on plan assets (966 ) 642 Settlement payments - (30,104 ) Benefit payments (2,101 ) (910 ) Fair value of plan assets at end of period $ 40,586 $ 43,653 Funded status at end of period (included in Accounts and notes receivable) $ 14,421 $ 6,658 Accumulated benefit obligation $ 26,165 $ 36,995 Net gain recognized in Accumulated other comprehensive income $ 10,581 $ 2,216 |
Schedule of Net Benefit Costs [Table Text Block] | 2022 2021 Interest cost $ (1,052 ) $ (750 ) Expected return on plan assets 413 2,125 Amortization of net gain 37 - Settlement gain - 2,216 Total $ (602 ) $ 3,591 |
Defined Benefit Plan, Assumptions [Table Text Block] | 2022 2021 Discount rate 4.88 % 2.43 % Salary scale increases N/A N/A Interest credit rate for cash balance plan 4.50 % 4.50 % |
Schedule of Expected Benefit Payments [Table Text Block] | 2023 2024 2025 2026 2027 2028 - 2032 Benefit payments $ 6.4 $ 2.0 $ 1.9 $ 1.9 $ 1.8 $ 8.2 |
Defined Benefit Plan, Plan Assets, Allocation [Table Text Block] | 2022 2021 Fair Value Asset Allocation Fair Value Asset Allocation Cash and short-term investments $ 40,586 100.0 % $ 26,246 60.1 % Large company funds - - 7,130 16.3 % Mid company funds - - 662 1.5 % Small company funds - - 1,958 4.5 % International funds - - 1,972 4.5 % Fixed income funds - - 4,260 9.8 % Growth funds - - 1,425 3.3 % Total $ 40,586 100.0 % $ 43,653 100.0 % |
Note 25 - Income Taxes (Tables)
Note 25 - Income Taxes (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Book to Tax Reconciliation [Table Text Block] | 2022 2021 2020 (Estimated) (Actual) (Actual) GAAP net income attributable to the Company $ 125,976 $ 844,059 $ 1,000,833 GAAP net (income)/loss attributable to TRSs (6,251 ) (23,365 ) (956 ) GAAP net income from REIT operations (1) 119,725 820,694 999,877 Federal income taxes 47,302 - - Net book depreciation in excess of tax depreciation 130,678 77,951 (55,072 ) Deferred/prepaid/above-market and below-market rents, net (38,810 ) (31,666 ) (16,632 ) Fair market value debt amortization (38,303 ) (17,961 ) (3,847 ) Book/tax differences from executive compensation 23,248 19,882 10,388 Book/tax differences from equity awards (7,846 ) (3,714 ) 5,640 Book/tax differences from defined benefit plan - (2,948 ) - Book/tax differences from investments in and advances to real estate joint ventures 18,020 16,030 40,176 Book/tax differences from sale of properties 217,797 (50,955 ) (10,547 ) Book/tax differences from accounts receivable (8,566 ) (17,707 ) 44,193 Book adjustment to property carrying values and marketable equity securities 335,233 (503,847 ) (589,698 ) Taxable currency exchange gain/(loss), net 198 1,945 (29 ) Tangible property regulation deduction (61,492 ) - (48,194 ) GAAP change in ownership of joint venture interests 45,767 (5,607 ) - Dividends from TRSs 145 23,314 2 Severance accrual (1,933 ) (5,608 ) 5,874 Other book/tax differences, net (2) (2,650 ) (20,299 ) (5069 ) Adjusted REIT taxable income $ 778,513 $ 299,504 $ 377,062 |
Taxable Characteristics of Distributions Paid [Table Text Block] | 2022 2021 2020 Preferred L Dividends Ordinary income $ 9,657 84 % $ 11,185 97 % $ 4,382 38 % Capital gain 1,839 16 % 346 3 % 7,149 62 % $ 11,496 100 % $ 11,531 100 % $ 11,531 100 % Preferred M Dividends Ordinary income $ 11,615 84 % $ 13,469 97 % $ 5,277 38 % Capital gain 2,212 16 % 417 3 % 8,609 62 % $ 13,827 100 % $ 13,886 100 % $ 13,886 100 % Common Dividends Ordinary income $ 418,725 81 % $ 273,272 77 % $ 133,849 38 % Capital gain 82,711 16 % 10,647 3 % 214,863 61 % Return of capital 15,508 3 % 70,980 20 % 3,522 1 % $ 516,944 100 % $ 354,899 100 % $ 352,234 100 % Total dividends distributed for tax purposes $ 542,267 $ 380,316 $ 377,651 |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | 2022 2021 2020 TRSs and taxable entities $ 533 $ (3,380 ) $ 522 REIT (1) (57,187 ) - (1,500 ) Total tax provision $ (56,654 ) $ (3,380 ) $ (978 ) |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | 2022 2021 Deferred tax assets: Tax/GAAP basis differences $ 4,165 $ 3,286 Net operating losses (1) 1,836 4,580 Tax credit carryforwards (2) - 2,340 Valuation allowance - (4,067 ) Total deferred tax assets 6,001 6,139 Deferred tax liabilities (6,551 ) (8,058 ) Net deferred tax liabilities $ (550 ) $ (1,919 ) |
Note 26 - Captive Insurance C_2
Note 26 - Captive Insurance Company (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Unpaid Losses and Loss Adjustments [Table Text Block] | 2022 2021 Balance at the beginning of the year $ 19,655 $ 13,742 Incurred related to: Current year 5,694 5,375 Prior years (1) 125 5,281 Total incurred 5,819 10,656 Paid related to: Current year (645 ) (759 ) Prior years (4,627 ) (3,984 ) Total paid (5,272 ) (4,743 ) Balance at the end of the year $ 20,202 $ 19,655 |
Note 27 - Accumulated Other C_2
Note 27 - Accumulated Other Comprehensive Income ("AOCI") (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | Unrealized Gains Related to Defined Benefit Plan Balance as of January 1, 2021 $ - Other comprehensive income before reclassifications 2,216 Amounts reclassified from AOCI - Net current-period other comprehensive income 2,216 Balance as of December 31, 2021 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 28 - Earnings Per Share (T
Note 28 - Earnings Per Share (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | For the Year Ended December 31, 2022 2021 2020 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 100,758 $ 818,643 $ 975,417 Change in estimated redemption value of redeemable noncontrolling interests - 2,304 2,160 Earnings attributable to participating securities (2,182 ) (5,346 ) (6,347 ) Net income available to the Company’s common shareholders for basic earnings per share 98,576 815,601 971,230 Distributions on convertible units - 3,087 161 Net income available to the Company’s common shareholders for diluted earnings per share $ 98,576 $ 818,688 $ 971,391 Weighted average common shares outstanding – basic 615,528 506,248 429,950 Effect of dilutive securities (1): Equity awards 2,283 2,422 1,475 Assumed conversion of convertible units 47 2,715 208 Weighted average common shares outstanding – diluted 617,858 511,385 431,633 Net income available to the Company's common shareholders: Basic earnings per share $ 0.16 $ 1.61 $ 2.26 Diluted earnings per share $ 0.16 $ 1.60 $ 2.25 |
Schedule II - Valuation and Q_2
Schedule II - Valuation and Qualifying Accounts (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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, 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 Year Ended December 31, 2020 Allowance for uncollectable accounts (1) $ - $ 22,377 $ - $ - $ 22,377 Allowance for deferred tax asset $ 42,703 $ - $ (5,746 ) $ - $ 36,957 |
Schedule III - Real Estate an_2
Schedule III - Real Estate and Accumulated Depreciation (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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 $ 9 $ 850 $ 1,221 $ 2,071 $ 191 $ 1,880 $ - 2021(A) BELL CAMINO CENTER AZ 2,427 6,439 956 2,427 7,395 9,822 2,772 7,050 - 2012(A) BELL CAMINO-SAFEWAY PARCEL AZ 1,104 4,574 - 1,104 4,574 5,678 533 5,145 - 2019(A) BROADWAY MARKETPLACE AZ 3,517 10,303 511 3,518 10,813 14,331 919 13,412 - 2021(A) CAMELBACK MILLER PLAZA AZ 6,236 29,230 798 6,237 30,027 36,264 2,742 33,522 - 2021(A) CAMELBACK VILLAGE SQUARE AZ - 13,038 414 - 13,452 13,452 1,147 12,305 - 2021(A) CHRISTOWN SPECTRUM AZ 33,831 91,004 16,234 76,639 64,430 141,069 19,295 121,774 - 2015(A) COLLEGE PARK SHOPPING CENTER AZ 3,277 7,741 1,269 3,277 9,010 12,287 3,645 8,642 - 2011(A) DESERT VILLAGE AZ 6,465 22,025 (36 ) 6,465 21,989 28,454 1,764 26,690 - 2021(A) ENTRADA DE ORO PLAZA AZ 5,700 11,044 5 5,700 11,049 16,749 1,021 15,728 - 2021(A) FOUNTAIN PLAZA AZ 4,794 20,373 52 4,794 20,425 25,219 1,191 24,028 - 2021(A) MADERA VILLAGE AZ 3,980 8,110 57 3,980 8,167 12,147 805 11,342 - 2021(A) MADISON VILLAGE MARKETPLACE AZ 4,090 18,343 204 4,090 18,547 22,637 1,483 21,154 - 2021(A) MESA RIVERVIEW AZ 15,000 - 142,787 308 157,479 157,787 74,754 83,033 - 2005(C) METRO SQUARE AZ 4,101 16,411 2,634 4,101 19,045 23,146 11,692 11,454 - 1998(A) MONTE VISTA VILLAGE CENTER AZ 4,064 8,344 2 4,064 8,346 12,410 673 11,737 - 2021(A) NORTH VALLEY AZ 6,862 18,201 15,053 4,796 35,320 40,116 8,277 31,839 - 2011(A) PLAZA AT MOUNTAINSIDE AZ 2,450 9,802 2,452 2,450 12,254 14,704 8,103 6,601 - 1997(A) PLAZA DEL SOL AZ 5,325 21,270 1,791 4,578 23,808 28,386 11,542 16,844 - 1998(A) PUEBLO ANOZIRA AZ 7,734 27,063 31 7,734 27,094 34,828 2,020 32,808 12,218 2021(A) RAINTREE RANCH CENTER AZ 7,720 30,743 (20 ) 7,720 30,723 38,443 2,023 36,420 - 2021(A) RED MOUNTAIN GATEWAY AZ 4,653 10,410 217 4,653 10,627 15,280 1,204 14,076 - 2021(A) SCOTTSDALE HORIZON AZ 8,191 36,728 1,080 8,191 37,808 45,999 2,440 43,559 - 2021(A) SCOTTSDALE WATERFRONT AZ 15,872 30,112 (199 ) 15,872 29,913 45,785 2,232 43,553 - 2021(A) SHOPPES AT BEARS PATH AZ 3,445 2,874 45 3,445 2,919 6,364 354 6,010 - 2021(A) SQUAW PEAK PLAZA AZ 2,515 17,021 88 2,515 17,109 19,624 1,492 18,132 - 2021(A) VILLAGE CROSSROADS AZ 5,663 24,981 1,413 5,663 26,394 32,057 8,382 23,675 - 2011(A) 280 METRO CENTER CA 38,735 94,903 733 38,735 95,636 134,371 20,295 114,076 - 2015(A) 580 MARKET PLACE CA 12,769 48,768 32 12,769 48,800 61,569 2,687 58,882 - 2021(A) 8000 SUNSET STRIP S.C. CA 43,012 85,115 721 43,012 85,836 128,848 6,964 121,884 - 2021(A) AAA BUILDING AT STEVENS CREEK CA 1,661 3,114 - 1,661 3,114 4,775 195 4,580 - 2021(A) ANAHEIM PLAZA CA 34,228 73,765 5,171 34,228 78,936 113,164 6,381 106,783 - 2021(A) BLACK MOUNTAIN VILLAGE CA 4,678 11,913 2,154 4,678 14,067 18,745 5,997 12,748 - 2007(A) BROOKHURST CENTER CA 10,493 31,358 4,205 22,300 23,756 46,056 6,417 39,639 - 2016(A) BROOKVALE SHOPPING CENTER CA 14,050 19,771 1,226 14,050 20,997 35,047 1,620 33,427 - 2021(A) CAMBRIAN PARK PLAZA CA 41,258 2,015 1,490 41,258 3,505 44,763 1,168 43,595 - 2021(A) CENTERWOOD PLAZA CA 10,981 10,702 85 10,981 10,787 21,768 979 20,789 - 2021(A) CHICO CROSSROADS CA 9,976 30,535 (5,393 ) 7,905 27,213 35,118 12,086 23,032 - 2008(A) CHINO HILLS MARKETPLACE CA 17,702 72,529 147 17,702 72,676 90,378 5,165 85,213 - 2021(A) CITY HEIGHTS CA 10,687 28,325 (442 ) 13,909 24,661 38,570 6,426 32,144 - 2012(A) CORONA HILLS PLAZA CA 13,361 53,373 12,796 13,361 66,169 79,530 41,900 37,630 - 1998(A) COSTCO PLAZA - 541 CA 4,996 19,983 601 4,996 20,584 25,580 13,175 12,405 - 1998(A) CREEKSIDE CENTER CA 3,871 11,563 914 5,154 11,194 16,348 2,049 14,299 - 2016(A) CROCKER RANCH CA 7,526 24,878 112 7,526 24,990 32,516 5,920 26,596 - 2015(A) CUPERTINO VILLAGE CA 19,886 46,535 27,695 19,886 74,230 94,116 26,513 67,603 - 2006(A) EL CAMINO PROMENADE CA 7,372 37,592 4,244 7,372 41,836 49,208 2,425 46,783 - 2021(A) FREEDOM CENTRE CA 8,933 18,622 81 8,933 18,703 27,636 1,672 25,964 - 2021(A) FULTON MARKET PLACE CA 2,966 6,921 16,707 6,280 20,314 26,594 6,197 20,397 - 2005(A) GATEWAY AT DONNER PASS CA 4,516 8,319 14,682 8,759 18,758 27,517 3,435 24,082 - 2015(A) GATEWAY PLAZA CA 18,372 65,851 73 18,372 65,924 84,296 4,589 79,707 23,944 2021(A) GREENHOUSE MARKETPLACE CA 10,976 27,721 (68 ) 10,976 27,653 38,629 2,649 35,980 - 2021(A) GREENHOUSE MARKETPLACE II CA 5,346 7,188 (566 ) 5,346 6,622 11,968 649 11,319 - 2021(A) HOME DEPOT PLAZA CA 4,592 18,345 2 4,592 18,347 22,939 11,727 11,212 - 1998(A) KENNETH HAHN PLAZA CA 4,115 7,661 (865 ) - 10,911 10,911 4,908 6,003 - 2010(A) LA MIRADA THEATRE CENTER CA 8,817 35,260 (291 ) 6,889 36,897 43,786 22,863 20,923 - 1998(A) LA VERNE TOWN CENTER CA 8,414 23,856 12,766 16,362 28,674 45,036 8,089 36,947 - 2014(A) LABAND VILLAGE SHOPPING CENTER CA 5,600 13,289 (1,005 ) 5,607 12,277 17,884 7,005 10,879 - 2008(A) LAKEWOOD PLAZA CA 1,294 3,669 (3,574 ) - 1,389 1,389 847 542 - 2014(A) LAKEWOOD VILLAGE CA 8,597 24,375 (221 ) 11,683 21,068 32,751 6,373 26,378 - 2014(A) LINCOLN HILLS TOWN CENTER CA 8,229 26,127 443 8,229 26,570 34,799 7,377 27,422 - 2015(A) LINDA MAR SHOPPING CENTER CA 16,549 37,521 5,068 16,549 42,589 59,138 11,953 47,185 - 2014(A) MADISON PLAZA CA 5,874 23,476 4,943 5,874 28,419 34,293 15,722 18,571 - 1998(A) NORTH COUNTY PLAZA CA 10,205 28,934 501 20,895 18,745 39,640 5,394 34,246 - 2014(A) NOVATO FAIR S.C. CA 9,260 15,600 2,130 9,260 17,730 26,990 7,981 19,009 - 2009(A) ON THE CORNER AT STEVENS CREEK CA 1,825 4,641 - 1,825 4,641 6,466 324 6,142 - 2021(A) PLAZA DI NORTHRIDGE CA 12,900 40,575 1,291 12,900 41,866 54,766 17,878 36,888 - 2005(A) POWAY CITY CENTRE CA 5,855 13,792 9,208 7,248 21,607 28,855 11,283 17,572 - 2005(A) RANCHO PENASQUITOS TOWNE CTR I CA 14,852 20,342 792 14,852 21,134 35,986 5,146 30,840 - 2015(A) RANCHO PENASQUITOS TWN CTR II CA 12,945 20,324 805 12,945 21,129 34,074 5,005 29,069 - 2015(A) RANCHO PENASQUITOS-VONS PROP. CA 2,918 9,146 - 2,918 9,146 12,064 993 11,071 - 2019(A) RANCHO SAN MARCOS VILLAGE CA 9,050 29,357 5,749 9,483 34,673 44,156 1,721 42,435 - 2021(A) REDWOOD CITY PLAZA CA 2,552 6,215 5,901 2,552 12,116 14,668 3,364 11,304 - 2009(A) SAN DIEGO CARMEL MOUNTAIN CA 5,323 8,874 (1,955 ) 5,323 6,919 12,242 2,584 9,658 - 2009(A) SAN MARCOS PLAZA CA 1,883 12,044 2,580 1,883 14,624 16,507 772 15,735 - 2021(A) SANTEE TROLLEY SQUARE CA 40,209 62,964 519 40,209 63,483 103,692 21,856 81,836 - 2015(A) SILVER CREEK PLAZA CA 33,541 53,176 96 33,541 53,272 86,813 3,656 83,157 - 2021(A) SOUTH NAPA MARKET PLACE CA 1,100 22,159 21,689 23,119 21,829 44,948 13,846 31,102 - 2006(A) SOUTHAMPTON CENTER CA 10,289 64,096 (163 ) 10,289 63,933 74,222 4,080 70,142 20,550 2021(A) STANFORD RANCH CA 10,584 30,007 3,069 9,983 33,677 43,660 7,834 35,826 - 2014(A) STEVENS CREEK CENTRAL S.C. CA 41,818 45,886 37 41,818 45,923 87,741 3,553 84,188 - 2021(A) STONY POINT PLAZA CA 10,361 38,054 (221 ) 10,361 37,833 48,194 2,390 45,804 - 2021(A) TRUCKEE CROSSROADS CA 2,140 28,325 (18,388 ) 2,140 9,937 12,077 6,387 5,690 482 2006(A) WESTLAKE SHOPPING CENTER CA 16,174 64,819 110,511 16,174 175,330 191,504 73,429 118,075 - 2002(A) WESTMINSTER CENTER CA 60,428 64,973 238 60,428 65,211 125,639 7,890 117,749 49,285 2021(A) WHITTWOOD TOWN CENTER CA 57,136 105,815 4,175 57,139 109,987 167,126 24,625 142,501 - 2017(A) CROSSING AT STONEGATE CO 11,909 33,111 131 11,909 33,242 45,151 2,195 42,956 - 2021(A) DENVER WEST 38TH STREET CO 161 647 335 161 982 1,143 745 398 - 1998(A) EAST BANK S.C. CO 1,501 6,180 6,437 1,501 12,617 14,118 5,041 9,077 - 1998(A) EDGEWATER MARKETPLACE CO 7,807 32,706 457 7,807 33,163 40,970 1,909 39,061 - 2021(A) ENGLEWOOD PLAZA CO 806 3,233 1,020 806 4,253 5,059 2,549 2,510 - 1998(A) GREELEY COMMONS CO 3,313 20,070 4,084 3,313 24,154 27,467 6,742 20,725 - 2012(A) HERITAGE WEST S.C. CO 1,527 6,124 2,783 1,527 8,907 10,434 5,174 5,260 - 1998(A) HIGHLANDS RANCH II CO 3,515 11,756 1,263 3,515 13,019 16,534 4,264 12,270 - 2013(A) HIGHLANDS RANCH VILLAGE S.C. CO 8,135 21,580 1,002 5,337 25,380 30,717 6,745 23,972 - 2011(A) LOWRY TOWN CENTER CO 3,271 32,685 290 3,271 32,975 36,246 1,982 34,264 - 2021(A) MARKET AT SOUTHPARK CO 9,783 20,780 5,704 9,783 26,484 36,267 7,626 28,641 - 2011(A) NORTHRIDGE SHOPPING CENTER CO 4,933 16,496 2,933 8,934 15,428 24,362 4,426 19,936 - 2013(A) QUINCY PLACE S.C. CO 1,148 4,608 2,715 1,148 7,323 8,471 4,625 3,846 - 1998(A) RIVER POINT AT SHERIDAN CO 13,223 30,444 243 12,331 31,579 43,910 4,156 39,754 - 2021(A) RIVER POINT AT SHERIDAN II CO 1,255 4,231 - 1,255 4,231 5,486 321 5,165 - 2021(A) VILLAGE CENTER - HIGHLAND RANCH CO 1,140 2,660 284 1,140 2,944 4,084 697 3,387 - 2014(A) VILLAGE CENTER WEST CO 2,011 8,361 791 2,011 9,152 11,163 2,506 8,657 - 2011(A) VILLAGE ON THE PARK CO 2,194 8,886 20,340 3,018 28,402 31,420 8,771 22,649 - 1998(A) BRIGHT HORIZONS CT 1,212 4,611 84 1,212 4,695 5,907 1,623 4,284 - 2012(A) HAMDEN MART CT 13,668 40,890 6,414 14,226 46,746 60,972 12,255 48,717 18,317 2016(A) HOME DEPOT PLAZA CT 7,705 30,798 3,971 7,705 34,769 42,474 20,797 21,677 - 1998(A) NEWTOWN S.C. CT - 15,635 422 - 16,057 16,057 3,524 12,533 - 2014(A) WEST FARM SHOPPING CENTER CT 5,806 23,348 20,007 7,585 41,576 49,161 22,138 27,023 - 1998(A) WILTON CAMPUS CT 10,169 31,893 1,789 10,169 33,682 43,851 9,818 34,033 - 2013(A) WILTON RIVER PARK SHOPPING CTR CT 7,155 27,509 864 7,155 28,373 35,528 7,908 27,620 - 2012(A) BRANDYWINE COMMONS DE - 36,057 (770 ) - 35,287 35,287 8,912 26,375 - 2014(A) CAMDEN SQUARE DE 123 67 4,756 3,024 1,922 4,946 310 4,636 - 2003(A) PROMENADE AT CHRISTIANA DE 14,372 - 6,422 8,340 12,454 20,794 960 19,834 - 2014(C) ARGYLE VILLAGE FL 5,228 36,814 236 5,228 37,050 42,278 3,165 39,113 - 2021(A) BELMART PLAZA FL 1,656 3,394 5,751 1,656 9,145 10,801 2,018 8,783 - 2014(A) BOCA LYONS PLAZA FL 13,280 37,751 26 13,280 37,777 51,057 2,288 48,769 - 2021(A) CAMINO SQUARE FL 574 2,296 (398 ) 734 1,738 2,472 12 2,460 - 1992(A) CARROLLWOOD COMMONS FL 5,220 16,884 4,331 5,220 21,215 26,435 12,503 13,932 - 1997(A) CENTER AT MISSOURI AVENUE FL 294 792 7,385 294 8,177 8,471 2,796 5,675 - 1968(C) CHEVRON OUTPARCEL FL 531 1,253 - 531 1,253 1,784 465 1,319 - 2010(A) COLONIAL PLAZA FL 25,516 54,604 5,648 25,516 60,252 85,768 5,701 80,067 - 2021(A) CORAL POINTE S.C. FL 2,412 20,508 923 2,412 21,431 23,843 4,864 18,979 - 2015(A) CORAL SQUARE PROMENADE FL 710 2,843 4,218 710 7,061 7,771 4,821 2,950 - 1994(A) CORSICA SQUARE S.C. FL 7,225 10,757 304 7,225 11,061 18,286 2,843 15,443 - 2015(A) COUNTRYSIDE CENTRE FL 11,116 41,581 1,000 11,116 42,581 53,697 3,607 50,090 - 2021(A) CURLEW CROSSING SHOPPING CTR FL 5,316 12,529 1,000 3,312 15,533 18,845 7,778 11,067 - 2005(A) DANIA POINTE FL 105,113 - 34,980 26,094 113,999 140,093 9,997 130,096 - 2016(C) DANIA POINTE - PHASE II (3) FL - - 263,235 26,550 236,685 263,235 13,344 249,891 - 2016(C) EMBASSY LAKES FL 6,565 18,104 873 6,565 18,977 25,542 1,146 24,396 - 2021(A) FLAGLER PARK FL 26,163 80,737 7,065 26,725 87,240 113,965 32,380 81,585 - 2007(A) FT LAUDERDALE #1, FL FL 1,003 2,602 16,845 1,774 18,676 20,450 12,434 8,016 - 1974(C) FT. LAUDERDALE/CYPRESS CREEK FL 14,259 28,042 4,004 14,259 32,046 46,305 13,485 32,820 - 2009(A) GRAND OAKS VILLAGE FL 7,409 19,654 413 5,846 21,630 27,476 6,308 21,168 - 2011(A) GROVE GATE S.C. FL 366 1,049 793 366 1,842 2,208 1,680 528 - 1968(C) IVES DAIRY CROSSING FL 733 4,080 11,511 721 15,603 16,324 10,993 5,331 - 1985(A) KENDALE LAKES PLAZA FL 18,491 28,496 (516 ) 15,362 31,109 46,471 11,135 35,336 - 2009(A) LARGO PLAZA FL 23,571 63,604 70 23,571 63,674 87,245 5,362 81,883 - 2021(A) MAPLEWOOD PLAZA FL 1,649 6,626 2,019 1,649 8,645 10,294 5,330 4,964 - 1997(A) MARATHON SHOPPING CENTER FL 2,413 8,069 1,306 1,515 10,273 11,788 2,400 9,388 - 2013(A) MERCHANTS WALK FL 2,581 10,366 10,982 2,581 21,348 23,929 12,337 11,592 - 2001(A) MILLENIA PLAZA PHASE II FL 7,711 20,703 5,283 7,698 25,999 33,697 11,064 22,633 - 2009(A) MILLER ROAD S.C. FL 1,138 4,552 4,721 1,138 9,273 10,411 6,448 3,963 - 1986(A) MILLER WEST PLAZA FL 6,726 10,661 217 6,726 10,878 17,604 2,664 14,940 - 2015(A) MISSION BELL SHOPPING CENTER FL 5,056 11,843 8,818 5,067 20,650 25,717 8,853 16,864 - 2004(A) NASA PLAZA FL - 1,754 5,170 - 6,924 6,924 4,562 2,362 - 1968(C) OAK TREE PLAZA FL - 917 2,526 - 3,443 3,443 2,864 579 - 1968(C) OAKWOOD BUSINESS CTR-BLDG 1 FL 6,793 18,663 3,605 6,793 22,268 29,061 9,067 19,994 - 2009(A) OAKWOOD PLAZA NORTH FL 35,301 141,731 2,233 35,301 143,964 179,265 26,976 152,289 - 2016(A) OAKWOOD PLAZA SOUTH FL 11,127 40,592 (24 ) 11,127 40,568 51,695 8,458 43,237 - 2016(A) PALMS AT TOWN & COUNTRY FL 30,137 94,674 (513 ) 30,137 94,161 124,298 6,554 117,744 - 2021(A) PALMS AT TOWN & COUNTRY LIFESTYLE FL 26,597 92,088 349 26,597 92,437 119,034 6,391 112,643 - 2021(A) PARK HILL PLAZA FL 10,764 19,264 1,458 10,764 20,722 31,486 6,097 25,389 - 2011(A) PHILLIPS CROSSING FL - 53,536 348 - 53,884 53,884 3,753 50,131 - 2021(A) PLANTATION CROSSING FL 2,782 8,077 2,713 2,782 10,790 13,572 2,129 11,443 - 2017(A) POMPANO POINTE S.C. FL 10,517 14,356 630 10,517 14,986 25,503 2,842 22,661 - 2012(A) RENAISSANCE CENTER FL 9,104 36,541 14,700 9,123 51,222 60,345 25,671 34,674 - 1998(A) RIVERPLACE SHOPPING CTR. FL 7,503 31,011 2,598 7,200 33,912 41,112 12,921 28,191 - 2010(A) RIVERSIDE LANDINGS S.C. FL 3,512 14,440 703 3,512 15,143 18,655 3,454 15,201 - 2015(A) SEA RANCH CENTRE FL 3,298 21,259 73 3,298 21,332 24,630 1,464 23,166 - 2021(A) SHOPPES AT DEERFIELD FL 19,069 69,485 (67 ) 19,069 69,418 88,487 5,531 82,956 - 2021(A) SHOPPES AT DEERFIELD II FL 788 6,388 3 788 6,391 7,179 366 6,813 - 2021(A) SHOPS AT SANTA BARBARA PHASE 1 FL 743 5,374 243 743 5,617 6,360 1,359 5,001 - 2015(A) SHOPS AT SANTA BARBARA PHASE 2 FL 332 2,489 73 332 2,562 2,894 637 2,257 - 2015(A) SHOPS AT SANTA BARBARA PHASE 3 FL 330 2,359 11 330 2,370 2,700 518 2,182 - 2015(A) SODO S.C. FL - 68,139 6,103 142 74,100 74,242 25,980 48,262 - 2008(A) SOUTH MIAMI S.C. FL 1,280 5,134 5,007 1,280 10,141 11,421 5,787 5,634 - 1995(A) SUNSET 19 S.C. FL 12,460 55,354 270 12,460 55,624 68,084 4,322 63,762 - 2021(A) TJ MAXX PLAZA FL 10,341 38,660 108 10,341 38,768 49,109 2,709 46,400 - 2021(A) TRI-CITY PLAZA FL 2,832 11,329 24,275 2,832 35,604 38,436 9,057 29,379 - 1992(A) TUTTLEBEE PLAZA FL 255 828 2,834 255 3,662 3,917 2,399 1,518 - 2008(A) UNIVERSITY TOWN CENTER FL 5,515 13,041 554 5,515 13,595 19,110 4,738 14,372 - 2011(A) VILLAGE COMMONS S.C. FL 2,026 5,106 2,032 2,026 7,138 9,164 2,267 6,897 - 2013(A) VILLAGE COMMONS SHOPPING CENTER FL 2,192 8,774 5,811 2,192 14,585 16,777 8,243 8,534 - 1998(A) VILLAGE GREEN CENTER FL 11,405 13,466 131 11,405 13,597 25,002 1,278 23,724 17,310 2021(A) VIZCAYA SQUARE FL 5,773 20,965 171 5,773 21,136 26,909 1,552 25,357 - 2021(A) WELLINGTON GREEN COMMONS FL 19,528 32,521 4 19,528 32,525 52,053 2,367 49,686 15,345 2021(A) WELLINGTON GREEN PAD SITES FL 3,854 1,777 2,484 3,854 4,261 8,115 287 7,828 - 2021(A) WINN DIXIE-MIAMI FL 2,990 9,410 (52 ) 3,544 8,804 12,348 1,995 10,353 - 2013(A) WINTER PARK CORNERS FL 5,191 42,530 (223 ) 5,191 42,307 47,498 2,253 45,245 - 2021(A) BRAELINN VILLAGE GA 7,315 20,739 290 3,731 24,613 28,344 6,121 22,223 - 2014(A) BROWNSVILLE COMMONS GA 593 5,488 (82 ) 593 5,406 5,999 399 5,600 - 2021(A) CAMP CREEK MARKETPLACE II GA 4,441 38,596 53 4,441 38,649 43,090 2,729 40,361 - 2021(A) EMBRY VILLAGE GA 18,147 33,010 4,419 18,161 37,415 55,576 24,952 30,624 - 2008(A) GRAYSON COMMONS GA 2,600 13,358 (63 ) 2,600 13,295 15,895 1,273 14,622 - 2021(A) LAKESIDE MARKETPLACE GA 2,238 28,579 418 2,238 28,997 31,235 1,849 29,386 - 2021(A) LAWRENCEVILLE MARKET GA 8,878 29,691 1,625 9,060 31,134 40,194 9,812 30,382 - 2013(A) MARKET AT HAYNES BRIDGE GA 4,881 21,549 1,998 4,890 23,538 28,428 9,634 18,794 - 2008(A) PERIMETER EXPO PROPERTY GA 14,770 44,295 2,485 16,142 45,408 61,550 10,045 51,505 - 2016(A) PERIMETER VILLAGE GA 5,418 67,522 (132 ) 5,418 67,390 72,808 4,557 68,251 26,809 2021(A) RIVERWALK MARKETPLACE GA 3,512 18,863 27 3,388 19,014 22,402 3,948 18,454 - 2015(A) ROSWELL CORNERS GA 4,536 47,054 (115 ) 4,536 46,939 51,475 2,723 48,752 - 2021(A) ROSWELL CROSSING GA 6,270 45,338 19 6,270 45,357 51,627 3,076 48,551 - 2021(A) THOMPSON BRIDGE COMMONS GA 414 1,576 - 414 1,576 1,990 66 1,924 - 2021(A) CLIVE PLAZA IA 501 2,002 - 501 2,002 2,503 1,382 1,121 - 1996(A) HAWTHORN HILLS SQUARE IL 6,784 33,034 3,297 6,784 36,331 43,115 12,958 30,157 - 2012(A) PLAZA DEL PRADO IL 10,204 28,410 1,682 10,172 30,124 40,296 6,612 33,684 - 2017(A) SKOKIE POINTE IL - 2,276 9,794 2,628 9,442 12,070 5,198 6,872 - 1997(A) GREENWOOD S.C. IN 423 1,883 21,327 1,641 21,992 23,633 5,543 18,090 - 1970(C) FESTIVAL ON JEFFERSON COURT KY 5,627 26,790 238 5,627 27,028 32,655 2,579 30,076 - 2021(A) ADAMS PLAZA MA 2,089 3,227 224 2,089 3,451 5,540 924 4,616 - 2014(A) BROADWAY PLAZA MA 6,485 343 - 6,485 343 6,828 219 6,609 - 2014(A) FALMOUTH PLAZA MA 2,361 13,066 1,785 2,361 14,851 17,212 3,454 13,758 - 2014(A) FELLSWAY PLAZA MA 5,300 11,014 1,283 5,300 12,297 17,597 3,016 14,581 - 2014(A) FESTIVAL OF HYANNIS S.C. MA 15,038 40,683 2,588 15,038 43,271 58,309 11,861 46,448 - 2014(A) GLENDALE SQUARE MA 4,699 7,141 438 4,699 7,579 12,278 2,111 10,167 - 2014(A) LINDEN PLAZA MA 4,628 3,535 607 4,628 4,142 8,770 1,742 7,028 - 2014(A) MAIN ST. PLAZA MA 556 2,139 (33 ) 523 2,139 2,662 700 1,962 - 2014(A) MEMORIAL PLAZA MA 16,411 27,554 1,333 16,411 28,887 45,298 6,321 38,977 - 2014(A) MILL ST. PLAZA MA 4,195 6,203 1,060 4,195 7,263 11,458 1,718 9,740 - 2014(A) MORRISSEY PLAZA MA 4,097 3,751 2,753 4,097 6,504 10,601 631 9,970 - 2014(A) NORTH AVE. PLAZA MA 1,164 1,195 172 1,164 1,367 2,531 471 2,060 - 2014(A) NORTH QUINCY PLAZA MA 6,333 17,954 1 3,894 20,394 24,288 4,486 19,802 - 2014(A) PARADISE PLAZA MA 4,183 12,195 1,264 4,183 13,459 17,642 3,822 13,820 - 2014(A) VINNIN SQUARE IN-LINE MA 582 2,095 28 582 2,123 2,705 430 2,275 - 2014(A) VINNIN SQUARE PLAZA MA 5,545 16,324 382 5,545 16,706 22,251 5,196 17,055 - 2014(A) WASHINGTON ST. PLAZA MA 11,008 5,652 10,175 12,958 13,877 26,835 4,502 22,333 - 2014(A) WASHINGTON ST. S.C. MA 7,381 9,987 3,160 7,381 13,147 20,528 3,035 17,493 - 2014(A) WAVERLY PLAZA MA 1,215 3,623 584 1,203 4,219 5,422 1,116 4,306 - 2014(A) CENTRE COURT-GIANT MD 3,854 12,770 127 3,854 12,897 16,751 4,204 12,547 3,500 2011(A) CENTRE COURT-OLD COURT/COURTYD MD 2,279 5,285 40 2,279 5,325 7,604 1,559 6,045 - 2011(A) CENTRE COURT-RETAIL/BANK MD 1,035 7,786 527 1,035 8,313 9,348 2,231 7,117 477 2011(A) COLUMBIA CROSSING MD 3,613 34,345 2,533 3,613 36,878 40,491 7,682 32,809 - 2015(A) COLUMBIA CROSSING II SHOP.CTR. MD 3,138 19,868 4,614 3,138 24,482 27,620 5,673 21,947 - 2013(A) COLUMBIA CROSSING OUTPARCELS MD 1,279 2,871 49,620 14,854 38,916 53,770 5,993 47,777 - 2011(A) DORSEY'S SEARCH VILLAGE CENTER MD 6,322 27,996 916 6,322 28,912 35,234 5,933 29,301 - 2015(A) ENCHANTED FOREST S.C. MD 20,124 34,345 1,626 20,124 35,971 56,095 8,701 47,394 - 2014(A) FULLERTON PLAZA MD 14,238 6,744 10,776 14,238 17,520 31,758 3,675 28,083 - 2014(A) GAITHERSBURG S.C. MD 245 6,788 2,046 245 8,834 9,079 5,095 3,984 - 1999(A) GREENBRIER S.C. MD 8,891 30,305 1,148 8,891 31,453 40,344 7,389 32,955 - 2014(A) HARPER'S CHOICE MD 8,429 18,374 1,952 8,429 20,326 28,755 4,662 24,093 - 2015(A) HICKORY RIDGE MD 7,184 26,948 1,172 7,184 28,120 35,304 5,583 29,721 - 2015(A) HICKORY RIDGE (SUNOCO) MD 543 2,122 - 543 2,122 2,665 528 2,137 - 2015(A) INGLESIDE S.C. MD 10,417 17,889 790 10,417 18,679 29,096 4,923 24,173 - 2014(A) KENTLANDS MARKET SQUARE MD 20,167 84,615 19,621 20,167 104,236 124,403 16,761 107,642 - 2016(A) KINGS CONTRIVANCE MD 9,308 31,760 1,537 9,308 33,297 42,605 8,760 33,845 - 2014(A) LAUREL PLAZA MD 350 1,398 6,687 1,571 6,864 8,435 3,222 5,213 - 1995(A) LAUREL PLAZA MD 275 1,101 174 275 1,275 1,550 1,259 291 - 1972(C) MILL STATION DEVELOPMENT MD 21,321 - 65,635 16,076 70,880 86,956 4,275 82,681 - 2015(C) MILL STATION THEATER/RSTRNTS MD 23,379 1,090 (3,643 ) 14,738 6,088 20,826 1,851 18,975 - 2016(C) PIKE CENTER MD - 61,389 21,743 21,849 61,283 83,132 2,979 80,153 - 2021(A) PUTTY HILL PLAZA MD 4,192 11,112 1,213 4,192 12,325 16,517 4,095 12,422 - 2013(A) RADCLIFFE CENTER MD 12,043 21,188 (67 ) 12,043 21,121 33,164 5,743 27,421 - 2014(A) RIVERHILL VILLAGE CENTER MD 16,825 23,282 1,186 16,825 24,468 41,293 6,717 34,576 - 2014(A) SHAWAN PLAZA MD 4,466 20,222 (97 ) 4,466 20,125 24,591 13,763 10,828 - 2008(A) SHOPS AT DISTRICT HEIGHTS MD 8,166 21,971 (1,413 ) 7,298 21,426 28,724 4,058 24,666 - 2015(A) SNOWDEN SQUARE S.C. MD 1,929 4,558 5,155 3,326 8,316 11,642 2,526 9,116 - 2012(A) TIMONIUM CROSSING MD 2,525 14,863 391 2,525 15,254 17,779 3,559 14,220 - 2014(A) TIMONIUM SQUARE MD 6,000 24,283 14,197 7,311 37,169 44,480 19,940 24,540 - 2003(A) TOWSON PLACE MD 43,887 101,765 6,803 43,271 109,184 152,455 31,249 121,206 - 2012(A) VILLAGES AT URBANA MD 3,190 6 20,514 4,829 18,881 23,710 4,109 19,601 - 2003(A) WILDE LAKE MD 1,468 5,870 26,763 2,577 31,524 34,101 12,882 21,219 - 2002(A) WILKENS BELTWAY PLAZA MD 9,948 22,126 1,956 9,948 24,082 34,030 5,399 28,631 - 2014(A) YORK ROAD PLAZA MD 4,277 37,206 590 4,277 37,796 42,073 8,219 33,854 - 2014(A) THE FOUNTAINS AT ARBOR LAKES MN 28,585 66,699 14,854 29,485 80,653 110,138 37,158 72,980 - 2006(A) CENTER POINT S.C. MO - 550 - - 550 550 550 - - 1998(A) BRENNAN STATION NC 7,750 20,557 258 6,322 22,243 28,565 7,671 20,894 - 2011(A) BRENNAN STATION OUTPARCEL NC 628 1,666 (196 ) 450 1,648 2,098 452 1,646 - 2011(A) CAPITAL SQUARE NC 3,528 12,159 16 3,528 12,175 15,703 1,267 14,436 - 2021(A) CLOVERDALE PLAZA NC 541 720 7,432 541 8,152 8,693 4,489 4,204 - 1969(C) CROSSROADS PLAZA NC 768 3,099 1,270 768 4,369 5,137 2,594 2,543 - 2000(A) CROSSROADS PLAZA NC 13,406 86,456 1,965 13,406 88,421 101,827 22,025 79,802 - 2014(A) DAVIDSON COMMONS NC 2,979 12,860 655 2,979 13,515 16,494 4,003 12,491 - 2012(A) FALLS POINTE NC 4,049 27,415 42 4,049 27,457 31,506 1,642 29,864 - 2021(A) HIGH HOUSE CROSSING NC 3,604 10,950 91 3,604 11,041 14,645 1,030 13,615 - 2021(A) HOPE VALLEY COMMONS NC 3,743 16,808 67 3,743 16,875 20,618 1,067 19,551 - 2021(A) JETTON VILLAGE SHOPPES NC 3,875 10,292 656 2,144 12,679 14,823 3,723 11,100 - 2011(A) LEESVILLE TOWNE CENTRE NC 5,693 37,053 30 5,693 37,083 42,776 2,327 40,449 - 2021(A) MOORESVILLE CROSSING NC 12,014 30,604 360 11,447 31,531 42,978 14,473 28,505 - 2007(A) NORTHWOODS S.C. NC 2,696 9,397 1 2,696 9,398 12,094 787 11,307 - 2021(A) PARK PLACE SC NC 5,461 16,163 4,925 5,470 21,079 26,549 10,001 16,548 - 2008(A) PLEASANT VALLEY PROMENADE NC 5,209 20,886 23,741 5,209 44,627 49,836 25,613 24,223 - 1993(A) QUAIL CORNERS NC 7,318 26,676 2,288 7,318 28,964 36,282 6,719 29,563 - 2014(A) SIX FORKS S.C. NC - 78,366 205 - 78,571 78,571 5,518 73,053 - 2021(A) STONEHENGE MARKET NC 3,848 37,900 (173 ) 3,848 37,727 41,575 1,990 39,585 - 2021(A) TYVOLA SQUARE NC - 4,736 9,573 - 14,309 14,309 10,950 3,359 - 1986(A) WOODLAWN MARKETPLACE NC 919 3,571 3,338 919 6,909 7,828 4,873 2,955 - 2008(A) WOODLAWN SHOPPING CENTER NC 2,011 5,834 2,138 2,011 7,972 9,983 2,592 7,391 - 2012(A) ROCKINGHAM PLAZA NH 2,661 10,644 24,283 3,149 34,439 37,588 17,634 19,954 - 2008(A) WEBSTER SQUARE NH 11,683 41,708 7,589 11,683 49,297 60,980 11,449 49,531 - 2014(A) WEBSTER SQUARE - DSW NH 1,346 3,638 132 1,346 3,770 5,116 807 4,309 - 2017(A) WEBSTER SQUARE NORTH NH 2,163 6,511 245 2,163 6,756 8,919 1,668 7,251 - 2016(A) CENTRAL PLAZA NJ 3,170 10,603 2,051 5,145 10,679 15,824 4,034 11,790 - 2013(A) CLARK SHOPRITE 70 CENTRAL AVE NJ 3,497 11,694 995 13,960 2,226 16,186 1,493 14,693 - 2013(A) COMMERCE CENTER EAST NJ 1,519 5,080 1,753 7,235 1,117 8,352 783 7,569 - 2013(A) COMMERCE CENTER WEST NJ 386 1,290 161 794 1,043 1,837 327 1,510 - 2013(A) COMMONS AT HOLMDEL NJ 16,538 38,760 9,029 16,538 47,789 64,327 21,089 43,238 - 2004(A) EAST WINDSOR VILLAGE NJ 9,335 23,778 994 9,335 24,772 34,107 9,728 24,379 - 2008(A) GARDEN STATE PAVILIONS NJ 7,531 10,802 28,443 12,204 34,572 46,776 11,775 35,001 - 2011(A) HILLVIEW SHOPPING CENTER NJ 16,008 32,607 2,217 16,008 34,824 50,832 7,768 43,064 - 2014(A) HOLMDEL TOWNE CENTER NJ 10,825 43,301 11,678 10,825 54,979 65,804 29,458 36,346 - 2002(A) MAPLE SHADE NJ - 9,958 2,327 - 12,285 12,285 4,170 8,115 - 2009(A) MARLTON PLAZA NJ - 4,319 303 - 4,622 4,622 2,963 1,659 - 1996(A) NORTH BRUNSWICK PLAZA NJ 3,205 12,820 30,103 3,205 42,923 46,128 25,150 20,978 - 1994(A) PISCATAWAY TOWN CENTER NJ 3,852 15,411 1,761 3,852 17,172 21,024 10,757 10,267 - 1998(A) PLAZA AT HILLSDALE NJ 7,602 6,994 1,658 7,602 8,652 16,254 2,665 13,589 - 2014(A) PLAZA AT SHORT HILLS NJ 20,155 11,062 786 20,155 11,848 32,003 3,470 28,533 - 2014(A) RIDGEWOOD S.C. NJ 450 2,107 1,303 450 3,410 3,860 2,248 1,612 - 1993(A) SHOP RITE PLAZA NJ 2,418 6,364 3,007 2,418 9,371 11,789 7,651 4,138 - 1985(C) UNION CRESCENT III NJ 7,895 3,011 28,966 8,697 31,175 39,872 22,168 17,704 - 2007(A) WESTMONT PLAZA NJ 602 2,405 15,161 602 17,566 18,168 9,460 8,708 - 1994(A) WILLOWBROOK PLAZA NJ 15,320 40,997 10,816 15,320 51,813 67,133 12,284 54,849 - 2009(A) NORTH TOWNE PLAZA - ALBUQUERQUE NM 3,598 33,327 78 3,598 33,405 37,003 2,691 34,312 - 2021(A) CHARLESTON COMMONS NV 29,704 24,267 427 29,704 24,694 54,398 4,162 50,236 - 2021(A) COLLEGE PARK S.C.-N LAS VEGAS NV 2,100 18,413 (91 ) 2,100 18,322 20,422 1,683 18,739 - 2021(A) D'ANDREA MARKETPLACE NV 11,556 29,435 852 11,556 30,287 41,843 12,067 29,776 - 2007(A) DEL MONTE PLAZA NV 2,489 5,590 1,095 2,210 6,964 9,174 3,640 5,534 535 2006(A) DEL MONTE PLAZA ANCHOR PARCEL NV 6,513 17,600 188 6,520 17,781 24,301 3,179 21,122 - 2017(A) FRANCISCO CENTER NV 1,800 10,085 (897 ) 1,800 9,188 10,988 1,041 9,947 - 2021(A) GALENA JUNCTION NV 8,931 17,503 1,280 8,931 18,783 27,714 5,480 22,234 - 2015(A) MCQUEEN CROSSINGS NV 5,017 20,779 1,298 5,017 22,077 27,094 7,989 19,105 - 2015(A) RANCHO TOWNE & COUNTRY NV 7,785 13,364 (20 ) 7,785 13,344 21,129 1,160 19,969 - 2021(A) REDFIELD PROMENADE NV 4,415 32,035 52 4,415 32,087 36,502 10,756 25,746 - 2015(A) SPARKS MERCANTILE NV 6,222 17,069 486 6,222 17,555 23,777 5,368 18,409 - 2015(A) 501 NORTH BROADWAY NY - 1,176 (50 ) - 1,126 1,126 529 597 - 2007(A) AIRPORT PLAZA NY 22,711 107,012 5,278 22,711 112,290 135,001 27,158 107,843 - 2015(A) BELLMORE S.C. NY 1,272 3,184 1,836 1,272 5,020 6,292 2,713 3,579 - 2004(A) BIRCHWOOD PLAZA COMMACK NY 3,630 4,775 1,397 3,630 6,172 9,802 2,557 7,245 - 2007(A) BRIDGEHAMPTON COMMONS-W&E SIDE NY 1,812 3,107 42,184 1,858 45,245 47,103 26,390 20,713 - 1972(C) CARMAN'S PLAZA NY 12,558 37,290 2,240 12,562 39,526 52,088 995 51,093 - 2022(A) CHAMPION FOOD SUPERMARKET NY 758 1,875 (25 ) 2,241 367 2,608 261 2,347 - 2012(A) ELMONT S.C. NY 3,012 7,606 6,885 3,012 14,491 17,503 5,365 12,138 - 2004(A) ELMSFORD CENTER 1 NY 4,134 1,193 - 4,134 1,193 5,327 332 4,995 - 2013(A) ELMSFORD CENTER 2 NY 4,076 15,599 1,118 4,245 16,548 20,793 5,366 15,427 - 2013(A) FAMILY DOLLAR UNION TURNPIKE NY 909 2,250 244 1,057 2,346 3,403 688 2,715 - 2012(A) FOREST AVENUE PLAZA NY 4,559 10,441 3,084 4,559 13,525 18,084 5,055 13,029 - 2005(A) FRANKLIN SQUARE S.C. NY 1,079 2,517 3,785 1,079 6,302 7,381 2,508 4,873 - 2004(A) GREAT NECK OUTPARCEL NY 4,019 - - 4,019 - 4,019 - 4,019 - 2022(A) GREENRIDGE PLAZA NY 2,940 11,812 8,111 3,148 19,715 22,863 11,302 11,561 - 1997(A) HAMPTON BAYS PLAZA NY 1,495 5,979 3,431 1,495 9,410 10,905 8,530 2,375 - 1989(A) HICKSVILLE PLAZA NY 3,543 8,266 2,628 3,543 10,894 14,437 5,105 9,332 - 2004(A) INDEPENDENCE PLAZA NY 12,279 34,814 230 16,132 31,191 47,323 9,853 37,470 - 2014(A) JERICHO COMMONS SOUTH NY 12,368 33,071 3,734 12,368 36,805 49,173 15,032 34,141 2,219 2007(A) KEY FOOD - 21ST STREET NY 1,091 2,700 (165 ) 1,669 1,957 3,626 526 3,100 - 2012(A) KEY FOOD - ATLANTIC AVE NY 2,273 5,625 509 4,809 3,598 8,407 1,179 7,228 - 2012(A) KEY FOOD - CENTRAL AVE. NY 2,788 6,899 (395 ) 2,603 6,689 9,292 1,873 7,419 - 2012(A) KINGS HIGHWAY NY 2,744 6,811 2,283 2,744 9,094 11,838 4,526 7,312 - 2004(A) KISSENA BOULEVARD SHOPPING CTR NY 11,610 2,933 1,801 11,610 4,734 16,344 1,373 14,971 - 2007(A) LITTLE NECK PLAZA NY 3,277 13,161 6,172 3,277 19,333 22,610 10,296 12,314 - 2003(A) MANETTO HILL PLAZA NY 264 584 16,432 264 17,016 17,280 8,057 9,223 - 1969(C) MANHASSET CENTER NY 4,567 19,166 33,401 3,472 53,662 57,134 32,885 24,249 - 1999(A) MARKET AT BAY SHORE NY 12,360 30,708 6,722 12,360 37,430 49,790 17,423 32,367 11,994 2006(A) MASPETH QUEENS-DUANE READE NY 1,872 4,828 1,037 1,872 5,865 7,737 2,577 5,160 - 2004(A) MILLERIDGE INN NY 7,500 481 (34 ) 7,500 447 7,947 66 7,881 - 2015(A) MINEOLA CROSSINGS NY 4,150 7,521 487 4,150 8,008 12,158 3,019 9,139 - 2007(A) NORTH MASSAPEQUA S.C. NY 1,881 4,389 (1,787 ) - 4,483 4,483 4,328 155 - 2004(A) OCEAN PLAZA NY 564 2,269 19 564 2,288 2,852 1,153 1,699 - 2003(A) RALPH AVENUE PLAZA NY 4,414 11,340 4,037 4,414 15,377 19,791 6,851 12,940 - 2004(A) RICHMOND S.C. NY 2,280 9,028 21,719 2,280 30,747 33,027 17,774 15,253 - 1989(A) ROMAINE PLAZA NY 782 1,826 588 782 2,414 3,196 1,088 2,108 - 2005(A) SEQUAMS SHOPPING CENTER NY 3,971 8,654 - 3,971 8,654 12,625 60 12,565 - 2022(A) SHOPRITE S.C. NY 872 3,488 - 872 3,488 4,360 2,689 1,671 - 1998(A) STOP & SHOP NY 21,661 17,636 - 21,661 17,636 39,297 94 39,203 10,608 2022(A) SMITHTOWN PLAZA NY 3,528 7,364 613 3,437 8,068 11,505 3,854 7,651 - 2009(A) SOUTHGATE SHOPPING CENTER NY 18,822 62,670 6 18,822 62,676 81,498 510 80,988 18,729 2022(A) SYOSSET CORNERS NY 6,169 13,302 6 6,169 13,308 19,477 96 19,381 - 2022(A) SYOSSET S.C. NY 107 76 2,345 107 2,421 2,528 1,435 1,093 - 1990(C) THE BOULEVARD NY 28,724 38,232 244,106 28,724 282,338 311,062 25,827 285,235 - 2006(A) THE GARDENS AT GREAT NECK NY 27,956 71,366 - 27,956 71,366 99,322 713 98,609 16,961 2022(A) THE GREEN COVE PLAZA NY 17,017 39,206 - 17,017 39,206 56,223 388 55,835 11,153 2022(A) THE MARKETPLACE NY 4,498 9,850 - 4,498 9,850 14,348 69 14,279 5,049 2022(A) TOWNPATH CORNER NY 2,675 6,408 - 2,675 6,408 9,083 78 9,005 - 2022(A) TURNPIKE PLAZA NY 2,472 5,839 1,055 2,472 6,894 9,366 2,556 6,810 - 2011(A) VETERANS MEMORIAL PLAZA NY 5,968 23,243 22,616 5,980 45,847 51,827 20,286 31,541 - 1998(A) WHITE PLAINS S.C. NY 1,778 4,454 2,947 1,778 7,401 9,179 3,038 6,141 - 2004(A) WOODBURY COMMON NY 27,249 28,516 12 27,249 28,528 55,777 261 55,516 16,389 2022(A) JANTZEN BEACH CENTER OR 57,575 102,844 1,495 57,588 104,326 161,914 22,366 139,548 - 2017(A) CENTER SQUARE SHOPPING CENTER PA 732 2,928 1,302 691 4,271 4,962 3,133 1,829 - 1996(A) CRANBERRY TOWNSHIP-PARCEL 1&2 PA 10,271 30,770 2,562 6,070 37,533 43,603 7,626 35,977 - 2016(A) CROSSROADS PLAZA PA 789 3,155 14,409 976 17,377 18,353 11,677 6,676 - 1986(A) DEVON VILLAGE PA 4,856 25,847 773 5,608 25,868 31,476 8,604 22,872 - 2012(A) FISHTOWN CROSSING PA 20,398 22,602 3 20,401 22,602 43,003 961 42,042 - 2022(A) FRANKFORD AVENUE S.C. PA 732 2,928 - 732 2,928 3,660 1,977 1,683 - 1996(A) HARRISBURG EAST SHOPPING CTR. PA 453 6,665 11,736 3,003 15,851 18,854 9,653 9,201 - 2002(A) HORSHAM POINT PA 3,813 18,189 160 3,813 18,349 22,162 3,866 18,296 - 2015(A) LINCOLN SQUARE PA 90,479 - 75,807 10,533 155,753 166,286 13,886 152,400 - 2017(C) NORRITON SQUARE PA 686 2,665 4,436 774 7,013 7,787 5,548 2,239 - 1984(A) POCONO PLAZA PA 1,050 2,373 18,402 1,050 20,775 21,825 2,664 19,161 - 1973(C) SHOPPES AT WYNNEWOOD PA 7,479 - 3,676 7,479 3,676 11,155 627 10,528 - 2015(C) SHREWSBURY SQUARE S.C. PA 8,066 16,998 (2,084 ) 6,172 16,808 22,980 4,266 18,714 - 2014(A) SPRINGFIELD S.C. PA 920 4,982 13,698 920 18,680 19,600 12,682 6,918 - 1983(A) SUBURBAN SQUARE PA 70,680 166,351 83,062 71,280 248,813 320,093 72,766 247,327 - 2007(A) TOWNSHIP LINE S.C. PA 732 2,928 - 732 2,928 3,660 1,977 1,683 - 1996(A) WAYNE PLAZA PA 6,128 15,605 954 6,136 16,551 22,687 6,573 16,114 - 2008(A) WEXFORD PLAZA PA 6,414 9,775 13,159 6,299 23,049 29,348 7,228 22,120 - 2010(A) WHITEHALL MALL PA - 5,196 - - 5,196 5,196 3,508 1,688 - 1996(A) WHITELAND TOWN CENTER PA 732 2,928 59 732 2,987 3,719 2,036 1,683 - 1996(A) WHOLE FOODS AT WYNNEWOOD PA 15,042 - 11,785 13,772 13,055 26,827 1,632 25,195 - 2014(C) LOS COLOBOS - BUILDERS SQUARE PR 4,405 9,628 (538 ) 4,461 9,034 13,495 8,434 5,061 - 2006(A) LOS COLOBOS - KMART PR 4,595 10,120 (827 ) 4,402 9,486 13,888 8,458 5,430 - 2006(A) LOS COLOBOS I PR 12,891 26,047 809 13,613 26,134 39,747 13,930 25,817 - 2006(A) LOS COLOBOS II PR 14,894 30,681 1,256 15,142 31,689 46,831 16,923 29,908 - 2006(A) MANATI VILLA MARIA SC PR 2,781 5,673 1,822 2,607 7,669 10,276 4,724 5,552 - 2006(A) PLAZA CENTRO - COSTCO PR 3,628 10,752 (455 ) 3,866 10,059 13,925 5,419 8,506 - 2006(A) PLAZA CENTRO - MALL P |
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 (including certain identified intangible assets) Terms of leases or useful lives, whichever is shorter |
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Table Text Block] | 2022 2021 2020 Balance, beginning of period $ 18,052,271 $ 12,068,827 $ 11,929,276 Additions during period: Acquisitions 542,789 5,765,363 10,449 Improvements 183,561 153,698 210,390 Transfers from unconsolidated joint ventures - 785,334 - Deductions during period: Sales and assets held-for-sale (271,347 ) (205,057 ) (30,764 ) Transfers to operating lease right-of-use assets, net - - - Transfers to unconsolidated joint ventures - (433,829 ) - Adjustment for fully depreciated assets (36,032 ) (82,065 ) (45,042 ) Adjustment of property carrying values (14,000 ) - (5,482 ) Balance, end of period $ 18,457,242 $ 18,052,271 $ 12,068,827 |
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Table Text Block] | 2022 2021 2020 Balance, beginning of period $ 3,010,699 $ 2,717,114 $ 2,500,053 Additions during period: Depreciation for year 493,075 378,416 265,144 Deductions during period: Sales and assets held-for-sale (50,328 ) (2,766 ) (3,041 ) Transfers to operating lease right-of-use assets, net - - - Adjustment for fully depreciated assets/other (36,032 ) (82,065 ) (45,042 ) Balance, end of period $ 3,417,414 $ 3,010,699 $ 2,717,114 |
Schedule IV - Mortgage Loans _2
Schedule IV - Mortgage Loans on Real Estate (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
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) Principal Amount of Loans Subject to Delinquent Principal or Interest Mortgage Loans: Retail Lynwood, CA 9.00 % Jun-25 I $ - $ 16,463 $ 16,463 $ - 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 - Las Vegas, NV 12.00 % May-33 I - 3,075 3,075 - Las Vegas, NV 7.00 % Oct-53 I - 3,410 3,410 - Nonretail Commack, NY 7.41 % Oct-26 P&I - 1,354 166 - Melbourne, FL 6.88 % Dec-30 P&I - 500 206 - Other Financing Loans: Nonretail Borrower A 8.64 % Apr-23 P&I - 175 35 - Borrower B 7.00 % Mar-31 P&I - 397 345 - Allowance for Credit losses: - - (1,300 ) - $ - $ 95,474 $ 87,359 $ - |
Note 1 - Summary of Significa_3
Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended | ||||
Aug. 03, 2021 | Apr. 15, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Business Combination, Acquisition Related Costs | $ 0 | $ 50,191 | $ 0 | ||
Real Estate Under Development Period After Completion Cessation of Cost Capitalization (Year) | 1 year | ||||
Restricted Cash, Total | $ 2,900 | 9,000 | |||
Land Held for Development From Real Estate Under Development to Land [Member] | |||||
Prior Period Reclassification Adjustment | 5,700 | ||||
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 | ||||
The 2010 Plan [Member] | |||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares) | 10,000,000 | ||||
Investment Cash Held as Collateral for Letters of Credit [Member] | |||||
Restricted Cash, Total | 6,500 | ||||
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 | ||||
Weingarten Realty Investors [Member] | |||||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | 1.408 | 1.408 | |||
Business Combination, Consideration Transferred, Cash Per Each Acquired Company Share (in dollars per share) | $ 2.20 | ||||
Business Combination, Acquisition Related Costs | $ 50,200 | $ 50,200 |
Note 1 - Summary of Significa_4
Note 1 - Summary of Significant Accounting Policies - Reclassifications (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Straight-line rental income adjustments, net | $ (33,794) | $ (22,627) | $ 5,914 |
Amortization of above and below Market Leases | (13,591) | (14,843) | (22,515) |
Amortization of deferred financing costs and fair value debt adjustments, net | (28,631) | (9,445) | 6,312 |
Change in accounts and notes receivable, net | (9,104) | 4,548 | (6,473) |
Change in accounts payable and accrued expenses | 37,655 | (104,712) | 5,576 |
Shares repurchased for employee tax withholdings on equity awards | (13,679) | (20,842) | (5,379) |
Change in tenant’s security deposits | $ 5,255 | 1,561 | (199) |
Scenario, Adjustment [Member] | |||
Straight-line rental income adjustments, net | (22,600) | 5,900 | |
Amortization of above and below Market Leases | (14,800) | (22,500) | |
Amortization of deferred financing costs and fair value debt adjustments, net | (9,400) | 6,300 | |
Change in accounts and notes receivable, net | 22,600 | (5,900) | |
Change in accounts payable and accrued expenses | 24,200 | 16,200 | |
Change in other financing liabilities | 0 | 5,600 | |
Shares repurchased for employee tax withholdings on equity awards | 0 | (5,400) | |
Change in tenant’s security deposits | $ 0 | $ (200) |
Note 2 - Weingarten Merger (Det
Note 2 - Weingarten Merger (Details Textual) $ / shares in Units, $ in Thousands | 12 Months Ended | ||||
Aug. 03, 2021 USD ($) $ / shares shares | Apr. 15, 2021 shares | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net, Total | $ 524,892 | $ 896,707 | |||
Business Combination, Acquisition Related Costs | $ 0 | 50,191 | $ 0 | ||
Measurement Input, Credit Spread [Member] | Weighted Average [Member] | Secured Debt [Member] | |||||
Long-Term Debt, Measurement Input | 0.0333 | ||||
Measurement Input, Variable Rate [Member] | Secured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | |||||
Debt Instrument, Measurement Input | 0.0214 | ||||
Weingarten Realty Investors [Member] | |||||
Business Combination, Consideration Transferred, Total | $ 4,059,159 | ||||
Payments to Acquire Businesses, Gross | $ 281,100 | ||||
Business Acquisition, Share Price (in dollars per share) | $ / shares | $ 20.78 | ||||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | shares | 1.408 | 1.408 | |||
Business Combination, Reimbursements Paid to Acquiree | $ 39,300 | ||||
Number of Properties Acquired | 149 | ||||
Properties Acquired, Number Held Through Joint Venture Programs | 30 | ||||
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net, Total | $ 4,100,000 | ||||
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual | 198,300 | ||||
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual | 25,800 | ||||
Business Combination, Acquisition Related Costs | $ 50,200 | $ 50,200 | |||
Weingarten Realty Investors [Member] | Measurement Input, Cap Rate [Member] | Minimum [Member] | Valuation, Income Approach [Member] | |||||
Real Estate, Measurement Input | 0.0450 | ||||
Weingarten Realty Investors [Member] | Measurement Input, Cap Rate [Member] | Minimum [Member] | Valuation Technique, Discounted Cash Flow [Member] | |||||
Real Estate, Measurement Input | 0.0600 | ||||
Weingarten Realty Investors [Member] | Measurement Input, Cap Rate [Member] | Maximum [Member] | Valuation, Income Approach [Member] | |||||
Real Estate, Measurement Input | 0.0950 | ||||
Weingarten Realty Investors [Member] | Measurement Input, Cap Rate [Member] | Maximum [Member] | Valuation Technique, Discounted Cash Flow [Member] | |||||
Real Estate, Measurement Input | 0.0825 | ||||
Weingarten Realty Investors [Member] | Measurement Input, Discount Rate [Member] | Minimum [Member] | Valuation Technique, Discounted Cash Flow [Member] | |||||
Real Estate, Measurement Input | 0.0675 | ||||
Weingarten Realty Investors [Member] | Measurement Input, Discount Rate [Member] | Maximum [Member] | Valuation Technique, Discounted Cash Flow [Member] | |||||
Real Estate, Measurement Input | 0.0900 |
Note 2 - Weingarten Merger - WR
Note 2 - Weingarten Merger - WRI Common Shares Converted to Kimco Common Shares (Details) - Weingarten Realty Investors [Member] - shares | Aug. 03, 2021 | Apr. 15, 2021 |
Weingarten common shares outstanding as of August 3, 2021 (in shares) | 127,784,006 | |
Exchange ratio (in shares) | 1.408 | 1.408 |
Kimco common stock issued (in shares) | 179,919,880 |
Note 2 - Weingarten Merger - In
Note 2 - Weingarten Merger - Information Regarding Consideration Transferred, Purchase Price Allocation, and Asset Lives (Details) - USD ($) $ / shares in Units, $ in Thousands | 5 Months Ended | 12 Months Ended | ||||
Aug. 03, 2021 | Dec. 31, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Right-of-use intangible assets (Year) | 24 years 4 months 24 days | |||||
Leases, Acquired-in-Place [Member] | ||||||
Intangible | $ 48,648 | $ 28,405 | $ 48,648 | |||
Intangible assets, weighted average amortization period (Year) | 6 years 10 months 24 days | 9 years 1 month 6 days | ||||
Above Market Leases [Member] | ||||||
Intangible | 6,581 | $ 8,408 | $ 6,581 | |||
Intangible assets, weighted average amortization period (Year) | 8 years 3 months 18 days | 6 years 6 months | ||||
Tenant Improvements [Member] | ||||||
Intangible | 16,391 | $ 11,689 | $ 16,391 | |||
Intangible assets, weighted average amortization period (Year) | 7 years 10 months 24 days | 8 years 6 months | ||||
Building [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 50 years | 50 years | ||||
Building Improvements [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 45 years | 45 years | ||||
Below-market Leases [Member] | ||||||
Intangible | 39,712 | $ 24,069 | $ 39,712 | |||
Intangible assets, weighted average amortization period (Year) | 16 years 1 month 6 days | 38 years 10 months 24 days | ||||
Weingarten Realty Investors [Member] | ||||||
Price of Kimco Common Stock (in dollars per share) | $ 20.78 | |||||
Kimco common stock issued (in shares) | 179,919,880 | |||||
Calculated Value of WRI Consideration | $ 3,738,735 | |||||
Cash Consideration | [1] | 320,424 | ||||
Total Value of Consideration | 4,059,159 | |||||
Land | 1,174,407 | |||||
Building and improvements | 4,040,244 | |||||
Real estate assets | 5,627,469 | |||||
Investments in and advances to real estate joint ventures | 585,382 | 585,382 | $ 0 | $ 585,382 | $ 0 | |
Cash, accounts receivable and other assets | 241,582 | |||||
Total assets acquired | 6,454,433 | |||||
Notes payable | (1,497,632) | (1,497,632) | 0 | (1,497,632) | 0 | |
Mortgages payable | (317,671) | (317,671) | 0 | (317,671) | 0 | |
Accounts payable and other liabilities | (283,559) | |||||
Below-market leases | (119,373) | (119,373) | 0 | (119,373) | 0 | |
Noncontrolling interests | (177,039) | $ (177,039) | $ 0 | $ (177,039) | $ 0 | |
Total liabilities assumed | (2,395,274) | |||||
Total purchase price | 4,059,159 | |||||
Right-of-use intangible assets (Year) | 30 years 10 months 24 days | 30 years 10 months 24 days | ||||
Fair market value of debt adjustment (Year) | 3 years 8 months 12 days | |||||
Weingarten Realty Investors [Member] | Leases, Acquired-in-Place [Member] | ||||||
Intangible | 370,685 | |||||
Intangible assets, weighted average amortization period (Year) | 5 years 7 months 6 days | |||||
Weingarten Realty Investors [Member] | Above Market Leases [Member] | ||||||
Intangible | $ 42,133 | |||||
Intangible assets, weighted average amortization period (Year) | 10 years 1 month 6 days | |||||
Weingarten Realty Investors [Member] | Tenant Improvements [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 7 years 1 month 6 days | |||||
Weingarten Realty Investors [Member] | Building [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 50 years | |||||
Weingarten Realty Investors [Member] | Building Improvements [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 45 years | |||||
Weingarten Realty Investors [Member] | Fixtures and Leasehold Improvements [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 6 years 2 months 12 days | |||||
Weingarten Realty Investors [Member] | Below-market Leases [Member] | ||||||
Weighted-average amortization period, Property Plant and Equipment (Year) | 31 years 6 months | |||||
[1]Amounts include additional consideration of $39.3 million relating to reimbursements paid by the Company to Weingarten at the closing of the Merger for transaction costs incurred by Weingarten. |
Note 2 - Weingarten Merger - Pr
Note 2 - Weingarten Merger - Pro Forma Information (Details) - Weingarten Realty Investors [Member] - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | ||
Revenues from rental properties, net | $ 2,341.4 | $ 2,234.9 | |
Net income | [1] | 1,114.6 | 1,193.1 |
Net income available to the Company’s common shareholders | [1] | $ 1,084.1 | $ 1,166.3 |
[1]The pro forma earnings for the year ended December 31, 2021 were adjusted to exclude $50.2 million of merger costs while the pro forma earnings for the year ended December 31, 2020 were adjusted to include $50.2 million of merger costs incurred. |
Note 3 - Real Estate (Details T
Note 3 - Real Estate (Details Textual) - USD ($) | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Off-Market Lease, Unfavorable | $ 330,900,000 | $ 336,600,000 | |
Amortization of above and below Market Leases | (13,591,000) | (14,843,000) | $ (22,515,000) |
In-place Leases, Tenant Relationships and Above-market Leases [Member] | |||
Finite-Lived Intangible Assets, Accumulated Amortization | 671,794 | 569,648 | |
Below Market Rents [Member] | |||
Finite-Lived Intangible Assets, Accumulated Amortization | 242,400,000 | 227,500,000 | |
Above and Below Market Leases [Member] | |||
Amortization of above and below Market Leases | 13,600,000 | 14,800,000 | 22,500,000 |
In-place Leases and Tenant Relationships [Member] | |||
Amortization of above and below Market Leases | $ 118,100,000 | $ 80,100,000 | $ 26,300,000 |
Note 3 - Real Estate - Componen
Note 3 - Real Estate - Components of Rental Property (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | |
Land | $ 4,124,542 | $ 3,984,447 | |
Buildings and improvements | 14,332,700 | 14,067,824 | |
Real estate | 18,457,242 | 18,052,271 | |
Accumulated depreciation and amortization (1) | [1] | (3,417,414) | (3,010,699) |
Total real estate, net | 15,039,828 | 15,041,572 | |
Land [Member] | |||
Land | 4,102,542 | 3,962,447 | |
Undeveloped Land [Member] | |||
Land | 16,328 | 16,328 | |
Land Held for Development [Member] | |||
Land | 5,672 | 5,672 | |
Building [Member] | |||
Buildings and improvements | 10,158,588 | 10,042,225 | |
Building Improvements [Member] | |||
Buildings and improvements | 2,080,437 | 1,999,319 | |
Tenant Improvements [Member] | |||
Buildings and improvements | 1,046,969 | 987,216 | |
Fixtures and Leasehold Improvements [Member] | |||
Buildings and improvements | 36,627 | 31,421 | |
Above Market Leases [Member] | |||
Buildings and improvements | 170,211 | 166,840 | |
In-place Leases [Member] | |||
Buildings and improvements | $ 839,868 | $ 840,803 | |
[1]At December 31, 2022 and 2021, the Company had accumulated amortization relating to in-place leases and above-market leases aggregating $671,794 and $569,648, respectively. |
Note 3 - Real Estate - Estimate
Note 3 - Real Estate - Estimated Net Amortization Income (Expense) (Details) $ in Millions | Dec. 31, 2022 USD ($) |
Above-market and below-market leases amortization, net, 2023 | $ 11 |
Above-market and below-market leases amortization, net, 2024 | 12.8 |
Above-market and below-market leases amortization, net, 2025 | 13.2 |
Above-market and below-market leases amortization, net, 2026 | 14 |
Above-market and below-market leases amortization, net, 2027 | 13.5 |
In-place Leases [Member] | |
In-place leases amortization, 2023 | (83.5) |
In-place leases amortization, 2024 | (56.5) |
In-place leases amortization, 2025 | (39.6) |
In-place leases amortization, 2026 | (28.1) |
In-place leases amortization, 2027 | $ (21) |
Note 4 - Property Acquisition_2
Note 4 - Property Acquisitions (Details Textual) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Oct. 31, 2021 | |
Redeemable Noncontrolling Interest | $ 79.7 | ||
Prepaid Rent | $ 17.7 | ||
Real Estate Revenue From Acquisitions During Period | 9.1 | $ 10.3 | |
Jamestown [Member] | |||
Equity Method Investment, Ownership Percentage | 30% | ||
Kim Pru [Member] | |||
Equity Method Investment, Ownership Percentage | 15% | ||
Centro Arlington [Member] | |||
Equity Method Investment, Ownership Percentage | 90% | ||
Equity in Income of Joint Ventures, Net [Member] | |||
Gain (Loss) on Change of Control of Equity Investments | $ 5 | ||
Call and Put Options [Member] | |||
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 56 |
Note 4 - Property Acquisition_3
Note 4 - Property Acquisitions - Acquisition of Operating Properties (Details) ft² in Thousands, $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 USD ($) ft² | Dec. 31, 2021 USD ($) ft² | |||
Purchase price, cash | $ 300,437 | [1] | $ 357,694 | |
Purchase price, debt | 88,792 | 234,169 | ||
Rancho San Marcos Parcel | 135,633 | 304,844 | ||
Purchase price, total | $ 524,892 | $ 896,707 | ||
GLA (Square Foot) | ft² | [2] | 934 | 3,256 | |
Distribution Center 1 [Member] | Lancaster, CA [Member] | ||||
Purchase price, cash | [3] | $ 58,723 | ||
Purchase price, debt | [3] | 0 | ||
Rancho San Marcos Parcel | [3] | 11,277 | ||
Purchase price, total | [3] | $ 70,000 | ||
GLA (Square Foot) | ft² | [2],[3] | 927 | ||
Distribution Center 2 [Member] | Woodland, CA [Member] | ||||
Purchase price, cash | [3] | $ 27,589 | ||
Purchase price, debt | [3] | 0 | ||
Rancho San Marcos Parcel | [3] | 6,411 | ||
Purchase price, total | [3] | $ 34,000 | ||
GLA (Square Foot) | ft² | [2],[3] | 508 | ||
Rancho San Marcos Parcel [Member] | ||||
Purchase price, cash | [1] | $ 2,407 | ||
Purchase price, debt | 0 | |||
Rancho San Marcos Parcel | 0 | |||
Purchase price, total | $ 2,407 | |||
GLA (Square Foot) | ft² | [2] | 6 | ||
Columbia Crossing [Member] | ||||
Purchase price, cash | $ 16,239 | [1] | $ 12,600 | |
Purchase price, debt | 0 | 0 | ||
Rancho San Marcos Parcel | 0 | 0 | ||
Purchase price, total | $ 16,239 | $ 12,600 | ||
GLA (Square Foot) | ft² | [2] | 60 | 45 | |
Oak Forest Parcel [Member] | ||||
Purchase price, cash | [1] | $ 3,846 | ||
Purchase price, debt | 0 | |||
Rancho San Marcos Parcel | 0 | |||
Purchase price, total | $ 3,846 | |||
GLA (Square Foot) | ft² | [2] | 4 | ||
Jamestown [Member] | ||||
Purchase price, cash | [4] | $ 172,899 | ||
Purchase price, debt | [4] | 170,000 | ||
Rancho San Marcos Parcel | [4] | 87,094 | ||
Purchase price, total | [4] | $ 429,993 | ||
GLA (Square Foot) | ft² | [2],[4] | 1,226 | ||
Devon Village [Member] | ||||
Purchase price, cash | [1],[5] | $ 733 | ||
Purchase price, debt | [5] | 0 | ||
Rancho San Marcos Parcel | [5] | 0 | ||
Purchase price, total | [5] | $ 733 | ||
GLA (Square Foot) | ft² | [2],[5] | 0 | ||
Kim Pru [Member] | ||||
Purchase price, cash | [4] | $ 61,705 | ||
Purchase price, debt | [4] | 64,169 | ||
Rancho San Marcos Parcel | [4] | 15,212 | ||
Purchase price, total | [4] | $ 141,086 | ||
GLA (Square Foot) | ft² | [2],[4] | 478 | ||
Fishtown Crossing [Member] | ||||
Purchase price, cash | [1] | $ 39,291 | ||
Purchase price, debt | 0 | |||
Rancho San Marcos Parcel | 0 | |||
Purchase price, total | $ 39,291 | |||
GLA (Square Foot) | ft² | [2] | 133 | ||
Carman's Plaza [Member] | ||||
Purchase price, cash | [1] | $ 51,423 | ||
Purchase price, debt | 0 | |||
Rancho San Marcos Parcel | 0 | |||
Purchase price, total | $ 51,423 | |||
GLA (Square Foot) | ft² | [2] | 195 | ||
Centro Arlington [Member] | ||||
Purchase price, cash | [4] | $ 24,178 | ||
Purchase price, debt | [4] | 0 | ||
Rancho San Marcos Parcel | [4] | 184,850 | ||
Purchase price, total | [4] | $ 209,028 | ||
GLA (Square Foot) | ft² | [2],[4] | 72 | ||
Pike Center [Member] | ||||
Purchase price, cash | [1],[5] | $ 21,850 | ||
Purchase price, debt | [5] | 0 | ||
Rancho San Marcos Parcel | [5] | 0 | ||
Purchase price, total | [5] | $ 21,850 | ||
GLA (Square Foot) | ft² | [2],[5] | 0 | ||
Baybrook Gateway [Member] | ||||
Purchase price, cash | [1],[5] | $ 2,978 | ||
Purchase price, debt | [5] | 0 | ||
Rancho San Marcos Parcel | [5] | 0 | ||
Purchase price, total | [5] | $ 2,978 | ||
GLA (Square Foot) | ft² | [2],[5] | 0 | ||
Portfolio (8 Properties) [Member] | ||||
Purchase price, cash | [1],[6] | $ 152,078 | ||
Purchase price, debt | [6] | 88,792 | ||
Rancho San Marcos Parcel | [6] | 135,663 | ||
Purchase price, total | [6] | $ 376,533 | ||
GLA (Square Foot) | ft² | [2],[6] | 536 | ||
Gordon Plaza [Member] | ||||
Purchase price, cash | [1],[5] | $ 5,573 | ||
Purchase price, debt | [5] | 0 | ||
Rancho San Marcos Parcel | [5] | 0 | ||
Purchase price, total | [5] | $ 5,573 | ||
GLA (Square Foot) | ft² | [2],[5] | 0 | ||
The Gardens at Great Neck [Member] | ||||
Purchase price, cash | [1],[5] | $ 4,019 | ||
Purchase price, debt | [5] | 0 | ||
Rancho San Marcos Parcel | [5] | 0 | ||
Purchase price, total | [5] | $ 4,019 | ||
GLA (Square Foot) | ft² | [2],[5] | 0 | ||
[1]Includes $19.7 million of Internal Revenue Code 26 U.S.C. §1031 proceeds held in escrow for acquisition of real estate interests for the year ended December 31, 2022.[2]Gross leasable area ("GLA")[3]Other consists of the fair value of the assets acquired which exceeded the purchase price upon closing. The transaction was a sale-leaseback with the seller which resulted in the recognition of a prepayment of rent of $17.7 million in accordance with ASC 842, Leases at closing. The prepayment of rent was amortized over the initial term of the lease through Revenues from rental properties, net on the Company's Consolidated Statements of Income. See Footnote 16 of the Company's Consolidated Financial Statements for additional discussion regarding fair value allocation of partnership interest for noncontrolling interests.[4]Other includes the Company's previously held equity investments and net gains on change in control. The Company evaluated these transactions pursuant to the FASB's Consolidation guidance and as a result, recognized net gains on change in control of interests of $5.0 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 Income. The Company previously held an ownership interest of 30.0% in Jamestown Portfolio, 15.0% in KimPru Portfolio and 90.0% in Centro Arlington.[5]Land parcel[6]Other consists of redeemable noncontrolling interest unitholders of $79.7 million and an embedded derivative liability associated with put and call options of these unitholders of $56.0 million. See Footnotes 15 and 16 of the Company's Consolidated Financial Statements for additional discussion regarding fair value allocation to unitholders for noncontrolling interests. |
Note 4 - Property Acquisition_4
Note 4 - Property Acquisitions - Purchase Price Allocation (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Other assets | $ 0 | $ 21,331 |
Other liabilities | (3,144) | (8,974) |
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net, Total | 524,892 | 896,707 |
Tenant Improvements [Member] | ||
Intangible | $ 11,689 | $ 16,391 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 7 years 10 months 24 days | 8 years 6 months |
Intangible assets, weighted average amortization period (Year) | 7 years 10 months 24 days | 8 years 6 months |
Allocation, finite-lived in tangibles | $ (11,689) | $ (16,391) |
Leases, Acquired-in-Place [Member] | ||
Intangible | $ 28,405 | $ 48,648 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 10 months 24 days | 9 years 1 month 6 days |
Intangible assets, weighted average amortization period (Year) | 6 years 10 months 24 days | 9 years 1 month 6 days |
Allocation, finite-lived in tangibles | $ (28,405) | $ (48,648) |
Above Market Leases [Member] | ||
Intangible | $ 8,408 | $ 6,581 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 8 years 3 months 18 days | 6 years 6 months |
Intangible assets, weighted average amortization period (Year) | 8 years 3 months 18 days | 6 years 6 months |
Allocation, finite-lived in tangibles | $ (8,408) | $ (6,581) |
Mortgage Fair Value Adjustment [Member] | ||
Intangible | $ 9,430 | 0 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 6 years 6 months | |
Intangible assets, weighted average amortization period (Year) | 6 years 6 months | |
Allocation, finite-lived in tangibles | $ (9,430) | 0 |
Land [Member] | ||
Allocation, Property Plant and Equipment | 207,067 | 154,320 |
Building [Member] | ||
Allocation, Property Plant and Equipment | $ 271,525 | $ 679,646 |
Weighted-average amortization period, Property Plant and Equipment (Year) | 50 years | 50 years |
Building Improvements [Member] | ||
Allocation, Property Plant and Equipment | $ 13,273 | $ 18,476 |
Weighted-average amortization period, Property Plant and Equipment (Year) | 45 years | 45 years |
Solar Panels [Member] | ||
Intangible | $ 2,308 | $ 0 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 20 years | |
Intangible assets, weighted average amortization period (Year) | 20 years | |
Allocation, finite-lived in tangibles | $ (2,308) | 0 |
Below-market Leases [Member] | ||
Intangible | $ 24,069 | $ 39,712 |
Weighted-average amortization period, finite-lived in tangibles (Year) | 16 years 1 month 6 days | 38 years 10 months 24 days |
Intangible assets, weighted average amortization period (Year) | 16 years 1 month 6 days | 38 years 10 months 24 days |
Allocation, finite-lived in tangibles | $ (24,069) | $ (39,712) |
Note 5 - Dispositions of Real_3
Note 5 - Dispositions of Real Estate (Details Textual) $ in Millions | 1 Months Ended | 2 Months Ended | 12 Months Ended | |||
Oct. 31, 2021 | Dec. 31, 2021 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | ||
Disposal Group, Including Discontinued Operation, Consideration | [1] | $ 612.4 | $ 191.1 | $ 612.4 | $ 31.8 | |
Equity Method Investments | $ 1,000 | 1,100 | 1,000 | |||
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, Net of Tax, Attributable to Noncontrolling Interest | 1.7 | 3 | ||||
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation | $ 1.2 | $ 2.2 | ||||
Joint Venture with BREIT [Member] | ||||||
Equity Method Investment, Ownership Percentage | 50% | 50% | ||||
Equity Method Investments | $ 130.1 | $ 130.1 | ||||
Non-recouse Mortgage Debt Related to Property Deconsolidated [Member] | ||||||
Debt Instrument, Increase (Decrease), Net, Total | $ (170) | (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 | |||||
[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. |
Note 5 - Dispositions of Real_4
Note 5 - Dispositions of Real Estate - Disposition Activity (Details) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | ||
Aggregate sales price/gross fair value (1) | [1] | $ 191.1 | $ 612.4 | $ 31.8 |
Number of operating properties sold/deconsolidated (1) | [1] | 9 | 13 | 3 |
Disposition Activity Relating to Consolidated Operating Properties and Parcels [Member] | ||||
Gain on sale of properties (1) (2) | [1],[2] | $ 15.2 | $ 30.8 | $ 6.5 |
Number of parcels sold | 13 | 10 | 4 | |
[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]For the years ended December 31, 2022 and 2021 amounts are before noncontrolling interests of $1.7 million and $3.0 million, respectively and taxes of $1.2 million and $2.2 million, respectively, after utilization of net operating loss carryforwards. |
Note 6 - Impairments (Details T
Note 6 - Impairments (Details Textual) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 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 | $ 4.6 | $ 2.9 | $ 0.8 |
Note 6 - Impairments - Asset Im
Note 6 - Impairments - Asset Impairment Charges (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Asset Impairment Charges, Total | $ 21,958 | $ 3,597 | $ 6,624 | |
Total impairment charges | 22,000 | 3,600 | 6,600 | |
Properties Marketed for Sale [Member] | ||||
Asset Impairment Charges, Total | [1] | 21,600 | 2,700 | 5,500 |
Disposed Operating Properties [Member] | ||||
Asset Impairment Charges, Total | 0 | 0 | 1,100 | |
Cost Method Investment [Member] | ||||
Asset Impairment Charges, Total | $ 400 | $ 900 | $ 0 | |
[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. During 2022, the Company recognized impairment charges of $19.2 million, before noncontrolling interests of $16.0 million, related to five properties. The Company’s estimated fair values of these assets were primarily based upon sales prices from signed contracts, which were less than the carrying value of the assets. |
Note 7 - Investment In and Ad_3
Note 7 - Investment In and Advances to Real Estate Joint Ventures (Details Textual) ft² in Thousands, $ in Thousands | 2 Months Ended | 12 Months Ended | |||||
Dec. 31, 2021 USD ($) ft² | Dec. 31, 2022 USD ($) ft² | Dec. 31, 2021 USD ($) ft² | Dec. 31, 2019 | Aug. 03, 2021 USD ($) ft² | Dec. 31, 2020 USD ($) | ||
Gross Leasable Area (Square Foot) | ft² | [1] | 3,256 | 934 | 3,256 | |||
Disposal Group, Including Discontinued Operation, Consideration | [2] | $ 612,400 | $ 191,100 | $ 612,400 | $ 31,800 | ||
Other Liabilities, Total | 510,382 | 601,574 | 510,382 | ||||
Equity Method Investments | $ 1,000,000 | 1,100,000 | $ 1,000,000 | ||||
Weingarten Realty Investors [Member] | |||||||
Secured Debt Assumed by Joint Ventures in Business Combination, Including Fair Market Value Adjustment | $ 191,500 | ||||||
Secured Debt Assumed by Joint Ventures in Business Combination, Fair Market Value Adjustment | 800 | ||||||
Prudential Investment Program [Member] | |||||||
Tangible Asset Impairment Charges, Total | $ 15,100 | ||||||
Jamestown [Member] | |||||||
Joint Venture, Number of Property Interests | 6 | 6 | |||||
Disposal Group, Including Discontinued Operation, Consideration | $ 425,800 | $ 425,800 | |||||
Number of Real Estate Properties, Interest Disposed of or Transferred | 6 | ||||||
All Equity Method Investments [Member] | |||||||
Number of Real Estate Properties | 120 | 111 | 120 | ||||
Gross Leasable Area (Square Foot) | ft² | 24,700 | 22,400 | 24,700 | ||||
Kimco Income Fund [Member] | |||||||
Payments to Acquire Interest in Subsidiaries and Affiliates, Total | $ 55,100 | ||||||
Equity Method Investment, Ownership Percentage | [3] | 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 Land Parcels Sold | 2 | 1 | |||||
Equity Method Investment, Sales Price | $ 88,900 | $ 349,100 | $ 88,900 | ||||
Equity Method Investment, Realized Gain (Loss) on Disposal | $ 39,300 | $ 9,900 | |||||
Number of Real Estate Properties, Interest Disposed of or Transferred | 4 | 9 | |||||
Number of Real Estate Properties, Remaining Interest Acquired | 9 | 9 | |||||
Real Estate Investments, Net, Total | 780,100 | $ 780,100 | $ 586,200 | ||||
Gain (Loss) on Change of Control of Equity Investments | 5,000 | ||||||
Unconsolidated Joint Ventures Acquired in Weingarten Merger [Member] | |||||||
Number of Real Estate Properties | 30 | ||||||
Gross Leasable Area (Square Foot) | ft² | 4,400 | ||||||
KIR [Member] | |||||||
Equity Method Investment, Ownership Percentage | 52.10% | ||||||
Other Joint Venture Programs [Member] | |||||||
Other Liabilities, Total | $ 4,800 | $ 5,300 | $ 4,800 | ||||
[1]Gross leasable area ("GLA")[2]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.[3]During 2022, the Company purchased additional ownership interests for $55.1 million, including the General Partner's ownership interest from Milton Cooper, Executive Chairman of the Board of Directors of the Company, for $0.1 million. There was no change in control as a result of these transactions. |
Note 7 - Investment In and Ad_4
Note 7 - Investment In and Advances to Real Estate Joint Ventures - Investment Details (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
The company's investment | $ 18,457,242 | $ 18,052,271 | $ 12,068,827 | $ 11,929,276 | |
Kim Pru and Kim Pru II [Member] | |||||
Average ownership interest | 15% | ||||
The company's investment | $ 153,600 | 163,000 | |||
Kimco Income Fund [Member] | |||||
Average ownership interest | [1] | 52.10% | |||
The company's investment | [1] | $ 281,500 | 186,000 | ||
CPP [Member] | |||||
Average ownership interest | 55% | ||||
The company's investment | $ 190,800 | 165,100 | |||
Other Institutional Joint Ventures [Member] | |||||
The company's investment | [2] | 256,800 | 281,800 | ||
Other Joint Venture Programs [Member] | |||||
The company's investment | 208,900 | 211,000 | |||
All Equity Method Investments [Member] | |||||
The company's investment | [3] | $ 1,091,600 | $ 1,006,900 | ||
[1]During 2022, the Company purchased additional ownership interests for $55.1 million, including the General Partner's ownership interest from Milton Cooper, Executive Chairman of the Board of Directors of the Company, for $0.1 million. There was no change in control as a result of these transactions.[2]During 2021, the Company entered into a new joint venture with BREIT in which it contributed six properties for a gross sales price of $425.8 million. See Footnote 5 of the Notes to Consolidated Financial Statements for the operating properties disposed by the Company.[3]Representing 111 property interests and 22.4 million square feet of GLA, as of December 31, 2022, and 120 property interests and 24.7 million square feet of GLA, as of December 31, 2021. |
Note 7 - Investment In and Ad_5
Note 7 - Investment In and Advances to Real Estate Joint Ventures - The Company's Share of Net Income/(Loss) (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Prudential Investment Program [Member] | ||||
Income of joint ventures, net | [1] | $ 9,600 | $ 17,500 | $ 9,000 |
KIR [Member] | ||||
Income of joint ventures, net | 70,300 | 36,900 | 30,500 | |
CPP [Member] | ||||
Income of joint ventures, net | 10,600 | 9,200 | 5,600 | |
Other Institutional Joint Ventures [Member] | ||||
Income of joint ventures, net | 7,000 | 1,700 | 0 | |
Other Joint Venture Programs [Member] | ||||
Income of joint ventures, net | 12,000 | 19,500 | 2,300 | |
Joint Ventures [Member] | ||||
Income of joint ventures, net | $ 109,481 | $ 84,778 | $ 47,353 | |
[1]During the year ended December 31, 2019, the Prudential Investment Program recognized an impairment charge on a property of $29.9 million, of which the Company’s share was $3.7 million. |
Note 7 - Investment In and Ad_6
Note 7 - Investment In and Advances to Real Estate Joint Ventures - Joint Venture Investments Accounted for Under the Equity Method, Debt Details (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | ||
Mortgage and notes payable | $ 1,383.4 | $ 1,638.7 | |
Prudential Investment Program [Member] | |||
Mortgage and notes payable | $ 380.1 | $ 426.9 | |
Weighted average interest rate | 5.20% | 2.02% | |
Weighted average remaining term (Month) | [1] | 33 months 3 days | 45 months 18 days |
KIR [Member] | |||
Mortgage and notes payable | $ 297.9 | $ 492.6 | |
Weighted average interest rate | 5.46% | 2.55% | |
Weighted average remaining term (Month) | [1] | 47 months 6 days | 27 months 27 days |
CPP [Member] | |||
Mortgage and notes payable | $ 83.1 | $ 84.2 | |
Weighted average interest rate | 6.14% | 1.85% | |
Weighted average remaining term (Month) | [1] | 43 months | 55 months |
Other Institutional Joint Ventures [Member] | |||
Mortgage and notes payable | $ 233.5 | $ 232.9 | |
Weighted average interest rate | 4.30% | 1.65% | |
Weighted average remaining term (Month) | [1] | 47 months 21 days | 59 months 21 days |
Other Joint Venture Programs [Member] | |||
Mortgage and notes payable | $ 388.8 | $ 402.1 | |
Weighted average interest rate | 4.10% | 3.58% | |
Weighted average remaining term (Month) | [1] | 71 months 24 days | 83 months |
[1]Average remaining term includes extensions |
Note 7 - Investment and Advance
Note 7 - Investment and Advances in Real Estate Joint Ventures - Investment and Advances to Real Estate Joint Ventures - Balance Sheets (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | |
Total real estate, net | $ 15,039,828 | $ 15,041,572 | |
Other assets | 253,779 | 195,715 | |
Assets, Total | [1] | 17,826,122 | 18,459,199 |
Notes payable, net | 6,780,969 | 7,027,050 | |
Secured Debt, Total | 376,917 | 448,652 | |
Other Liabilities, Total | 601,574 | 510,382 | |
Members’ capital | 9,515,508 | 9,899,389 | |
Total Liabilities and Members’ Capital | 17,826,122 | 18,459,199 | |
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance | 131,401 | 210,793 | |
KIR [Member] | |||
Total real estate, net | 668,700 | 769,400 | |
Other assets | 72,400 | 68,200 | |
Assets, Total | 741,100 | 837,600 | |
Notes payable, net | 272,900 | 258,800 | |
Secured Debt, Total | 25,000 | 233,700 | |
Other Liabilities, Total | 13,900 | 16,200 | |
Members’ capital | 429,300 | 328,900 | |
Total Liabilities and Members’ Capital | 741,100 | 837,600 | |
Excluding KIR [Member] | |||
Total real estate, net | 3,440,100 | 3,619,400 | |
Other assets | 208,400 | 193,800 | |
Assets, Total | 3,648,500 | 3,813,200 | |
Notes payable, net | 159,500 | 199,000 | |
Secured Debt, Total | 925,900 | 947,200 | |
Other Liabilities, Total | 78,800 | 73,800 | |
Members’ capital | 2,450,800 | 2,560,600 | |
Total Liabilities and Members’ Capital | 3,648,500 | 3,813,200 | |
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance | $ 33,500 | $ 32,600 | |
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021 of $88,949 and $227,858, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements. |
Note 7 - Investment and Advan_2
Note 7 - Investment and Advances in Real Estate Joint Ventures - Investment and Advances to Real Estate Joint Ventures - Income Statements (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenues, net | $ 1,727,684 | $ 1,364,585 | $ 1,057,893 |
Operating expenses | (1,177,399) | (971,140) | (731,765) |
Depreciation and amortization | (505,000) | (395,320) | (288,955) |
Interest expense | (226,823) | (204,133) | (186,904) |
Other expense, net | 28,829 | 19,810 | 4,119 |
Net income | 125,976 | 844,059 | 1,000,833 |
Impairment charges | (21,958) | (3,597) | (6,624) |
Net income | 114,534 | 849,696 | 1,002,877 |
KIR [Member] | |||
Revenues, net | 182,500 | 186,600 | 173,900 |
Operating expenses | (48,200) | (51,300) | (49,500) |
Depreciation and amortization | (39,400) | (40,300) | (36,900) |
Gain on sale of properties | 76,200 | 0 | 0 |
Interest expense | (15,500) | (18,100) | (23,800) |
Other expense, net | (1,200) | (2,100) | (1,600) |
Net income | 154,400 | 74,800 | 62,100 |
Excluding KIR [Member] | |||
Revenues, net | 395,200 | 340,300 | 282,400 |
Operating expenses | (126,900) | (111,700) | (101,900) |
Depreciation and amortization | (119,000) | (97,200) | (75,000) |
Gain on sale of properties | 24,700 | 61,500 | 200 |
Interest expense | (38,600) | (27,600) | (31,200) |
Other expense, net | (6,200) | (900) | (10,800) |
Impairment charges | (21,100) | (23,500) | (4,400) |
Net income | $ 108,100 | $ 140,900 | $ 59,300 |
Note 8 - Other Investments (Det
Note 8 - Other Investments (Details Textual) $ in Thousands | 12 Months Ended | |
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Equity Method Investments | $ 1,100,000 | $ 1,000,000 |
Secured Debt, Total | 376,917 | 448,652 |
Preferred Equity Investments [Member] | ||
Equity Method Investments | $ 69,400 | $ 98,700 |
Number of Real Estate Properties | 12 | 39 |
Income (Loss) from Equity Method Investments | $ 16,900 | $ 21,400 |
Payments to Acquire Equity Method Investments | 60,700 | |
Secured Debt, Total | $ 232,800 | |
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] | Maximum [Member] | ||
Debt Instrument, Term (Year) | 1 year 6 months | |
Debt Instrument, Interest Rate, Stated Percentage | 6.78% | |
Preferred Equity Investments [Member] | San Antonio, Texas [Member] | ||
Payments to Acquire Equity Method Investments | $ 54,900 |
Note 9 - Marketable Securitie_2
Note 9 - Marketable Securities (Details Textual) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions | 1 Months Ended | 12 Months Ended | ||||
Jan. 20, 2023 | Nov. 07, 2022 | Oct. 31, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Proceeds from Sale and Maturity of Marketable Securities | $ 302,504 | $ 377 | $ 931 | |||
Marketable Securities, Total | 597,732 | 1,211,739 | ||||
Dividend Income, Operating, Total | $ 18,002 | $ 16,958 | $ 4,096 | |||
Albertsons Companies, Inc [Member] | ||||||
Sale of Marketable Securities (in shares) | 11.5 | |||||
Proceeds from Sale and Maturity of Marketable Securities | $ 301,100 | |||||
Equity Securities, FV-NI, Realized Gain (Loss), Total | 251,500 | |||||
Equity Securities, Taxes Paid on Capital Gains | $ 57,200 | |||||
Investment Owned, Balance, Shares (in shares) | 28.3 | |||||
Marketable Securities, Total | $ 587,700 | |||||
Marketable Securities, Cash Dividend Receivable, Per Share (in dollars per share) | $ 6.85 | |||||
Albertsons Companies, Inc [Member] | Subsequent Event [Member] | ||||||
Dividend Income, Operating, Total | $ 194,100 |
Note 9 - Marketable Securitie_3
Note 9 - Marketable Securities - Amortized Cost and Unrealized Gain (Loss) (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
Amortized cost | $ 87,411 | $ 114,159 |
Unrealized gains, net | 510,321 | 1,097,580 |
Marketable securities | $ 597,732 | $ 1,211,739 |
Note 9 - Marketable Securitie_4
Note 9 - Marketable Securities - Net Gain (Loss) and Dividend Income (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
(Loss)/gain on marketable securities, net | $ (315,508) | $ 505,163 | $ 594,753 |
Dividend income (included in Other income, net) | $ 18,002 | $ 16,958 | $ 4,096 |
Note 10 - Accounts and Notes _3
Note 10 - Accounts and Notes Receivable - Components of Accounts and Notes Receivable (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
Billed tenant receivables | $ 33,801 | $ 20,970 |
Unbilled common area maintenance, insurance and tax reimbursements | 56,001 | 55,283 |
Deferred rent receivables | 1,905 | 5,029 |
Defined benefit plan receivable | 14,421 | 6,658 |
Other receivables | 8,361 | 9,067 |
Straight-line rent receivables | 189,737 | 157,670 |
Total accounts and notes receivable, net | $ 304,226 | $ 254,677 |
Note 11 - Leases (Details Textu
Note 11 - Leases (Details Textual) $ in Thousands | 12 Months Ended | |||
Aug. 03, 2021 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Difference Between Rental Income Contracted and Rental Income Recognized | $ 33,800 | $ 22,600 | $ (5,900) | |
Weingarten Realty Investors [Member] | ||||
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $ 32,600 | 0 | 32,569 | 0 |
Number of Properties Associated with Operating Leases Obtained in Business Acquisition | 6 | |||
Number of Properties Associated with Finance Leases Obtained in Business Acquisition | 2 | |||
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability | $ 23,000 | $ 0 | $ 23,026 | $ 0 |
Minimum [Member] | ||||
Lessee, Operating Lease, Remaining Lease Term (Year) | 1 year | |||
Maximum [Member] | ||||
Lessee, Operating Lease, Remaining Lease Term (Year) | 63 years | |||
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% |
Note 11 - Leases - Lease Income
Note 11 - Leases - Lease Income (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Fixed lease income | [1] | $ 1,353,024 | $ 1,045,888 | $ 871,151 |
Variable lease income | [2] | 339,722 | 264,040 | 232,272 |
Above-market and below-market leases amortization, net | 13,591 | 14,843 | 22,515 | |
Total lease income | 1,710,848 | 1,349,702 | 1,044,888 | |
COVID 19 [Member] | ||||
Adjustments for potentially uncollectible revenues and disputed amounts | [3] | $ 4,511 | $ 24,931 | $ (81,050) |
[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 11 - Leases - Minimum Reve
Note 11 - Leases - Minimum Revenues (Details) $ in Millions | Dec. 31, 2022 USD ($) |
2023 | $ 1,239.4 |
2024 | 1,130.8 |
2025 | 989.9 |
2026 | 840.5 |
2027 | 674.4 |
Thereafter | $ 2,862.3 |
Note 11 - Leases - Lease Cost (
Note 11 - Leases - Lease Cost (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Right-of-use intangible assets (Year) | 24 years 4 months 24 days | |||
Weighted-average remaining lease term, finance leases (Year) | 1 year | |||
Weighted-average discount rate, operating leases | 6.62% | |||
Weighted-average discount rate, finance leases | 4.44% | |||
Finance lease cost | [1] | $ 1,294 | $ 569 | $ 0 |
Operating lease cost | 12,994 | 11,637 | 10,371 | |
Variable lease cost | 4,143 | 3,972 | 2,852 | |
Total lease cost | $ 18,431 | $ 16,178 | $ 13,223 | |
[1]Relates to interest expense on finance lease liabilities, which were acquired in connection with the Merger. |
Note 11 - Leases - Future Minim
Note 11 - Leases - Future Minimum Lease payments (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | ||
2023, operating lease | $ 12,410 | |||
2023, finance lease | [1] | 22,987 | ||
2024, operating lease | 11,582 | |||
2024, finance lease | [1] | 0 | ||
2025, operating lease | 11,067 | |||
2025, finance lease | [1] | 0 | ||
2026, operating lease | 10,402 | |||
2026, finance lease | [1] | 0 | ||
2027, operating lease | 10,118 | |||
2027, finance lease | [1] | 0 | ||
Thereafter, operating lease | 188,952 | |||
Thereafter, finance lease | [1] | 0 | ||
Total minimum lease payments, operating lease | 244,531 | |||
Total minimum lease payments, finance lease | [1] | 22,987 | ||
Less imputed interest, operating lease | (130,852) | |||
Less imputed interest, finance lease | [1] | (962) | ||
Total lease liabilities, operating lease | 113,679 | [2] | $ 123,779 | |
Other Liabilities [Member] | ||||
Total lease liabilities, finance lease | [1],[2] | $ 22,025 | ||
[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 12 - Other Assets (Details
Note 12 - Other Assets (Details Textual) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Number of Loans | 3 | ||
Property Held-for-sale, Net Carrying Amount | $ 56.3 | ||
Gain (Loss) on Repayment of Mortgage Loan | 4 | ||
Capitalized Computer Software, Net, Ending Balance | 18.4 | $ 18.4 | |
Capitalized Computer Software, Amortization | $ 3.5 | 3.1 | $ 3.2 |
Performing Financial Instruments [Member] | |||
Number of Loans | 11 | ||
Weingarten Realty Investors [Member] | |||
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Mortgage Loans Receivable | $ 13.4 |
Note 12 - Other Assets - Mortga
Note 12 - Other Assets - Mortgage Loans and Other Financing Receivables (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Balance | $ 73,102 | $ 32,246 | $ 7,829 | |
New mortgage and other loans (1) | [1] | 75,063 | 55,307 | 25,500 |
Loan repayments (2) | [2] | (60,211) | (13,646) | (25) |
Collections of principal | (95) | (130) | (152) | |
Allowance for credit losses | (500) | (370) | (906) | |
Other adjustments | 0 | (305) | 0 | |
Balance | $ 87,359 | $ 73,102 | $ 32,246 | |
[1]During 2021, the Company acquired $13.4 million of mortgage loan receivables in connection with the Merger.[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. |
Note 13 - Notes Payable (Detail
Note 13 - Notes Payable (Details Textual) $ in Thousands | 1 Months Ended | 12 Months Ended | |||||||
Feb. 28, 2023 USD ($) | Aug. 03, 2021 USD ($) | Sep. 30, 2022 USD ($) | Jul. 31, 2022 | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 | Feb. 29, 2020 USD ($) | |
Debt Covenants Dividend Payment Restriction Maximum Payment | $ 26,000 | ||||||||
Number of Loans | 3 | ||||||||
Nonperforming Financial Instruments [Member] | |||||||||
Number of Loans | 1 | ||||||||
Senior Unsecured Notes [Member] | |||||||||
Debt Instrument, Redemption, Prepayment Charges | $ 0 | $ 6,500 | |||||||
Write off of Deferred Debt Issuance Cost | $ 700 | ||||||||
Senior Unsecured Notes Assumed in the Weingarten Acquisition [Member] | |||||||||
Noncash or Part Noncash Acquisition, Debt Assumed | $ 1,500,000 | ||||||||
Liabilities, Fair Value Adjustment | $ 95,600 | ||||||||
Senior Unsecured Notes Assumed in the Weingarten Acquisition [Member] | Minimum [Member] | |||||||||
Debt Instrument, Interest Rate, Stated Percentage | 3.25% | ||||||||
Senior Unsecured Notes Assumed in the Weingarten Acquisition [Member] | Maximum [Member] | |||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6.88% | ||||||||
Unsecured Debt [Member] | |||||||||
Debt Issuance Costs, Net, Total | $ 44,400 | ||||||||
Liabilities, Fair Value Adjustment | $ 66,400 | ||||||||
Revolving Credit Facility [Member] | |||||||||
Line of Credit Facility, Current Borrowing Capacity | $ 2,000,000 | ||||||||
Debt Instrument, Increase (Decrease) In Effective Interest Rate | (0.01%) | ||||||||
Debt Instrument, Interest Rate, Effective Percentage | 5.21% | ||||||||
Long-term Line of Credit, Total | $ 0 | ||||||||
Revolving Credit Facility [Member] | Subsequent Event [Member] | |||||||||
Debt Instrument, Basis Spread on Variable Rate | 0.775% | ||||||||
Line of Credit Facility, Current Borrowing Capacity | $ 2,000,000 | ||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 2,750,000 | ||||||||
Debt Instrument, Interest Rate, Increase (Decrease) | (0.02%) | ||||||||
Revolving Credit Facility [Member] | Credit Facility Accordion Feature [Member] | |||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 2,750,000 | ||||||||
Revolving Credit Facility [Member] | Other Assets [Member] | |||||||||
Debt Issuance Costs, Net, Total | $ 2,500 | $ 4,000 | |||||||
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | |||||||||
Debt Instrument, Basis Spread on Variable Rate | 0.755% | 0.765% | |||||||
Revolving Credit Facility [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | |||||||||
Debt Instrument, Basis Spread on Variable Rate | 0.755% | ||||||||
Letter of Credit [Member] | |||||||||
Long-term Line of Credit, Total | $ 1,200 |
Note 13 - Notes Payable - Notes
Note 13 - Notes Payable - Notes Payable (Details) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | ||
Balance, Net | $ 6,781 | $ 7,027.1 | |
Weighted Average [Member] | |||
Interest Rate | [1] | 3.45% | 3.35% |
Notes Payable [Member] | |||
Fair value debt adjustments, net | $ 44.4 | $ 81 | |
Deferred financing costs, net (2) | [2] | (66.4) | (56) |
Unsecured Debt [Member] | |||
Gross Balance | 6,803 | ||
Fair value debt adjustments, net | 66.4 | ||
Unsecured Debt [Member] | Notes Payable [Member] | |||
Gross Balance | $ 6,803 | $ 7,002.1 | |
Unsecured Debt [Member] | Notes Payable [Member] | Minimum [Member] | |||
Interest Rate | 1.90% | 1.90% | |
Unsecured Debt [Member] | Notes Payable [Member] | Maximum [Member] | |||
Interest Rate | 6.88% | 6.88% | |
Line of Credit [Member] | Notes Payable [Member] | |||
Gross Balance | [3] | $ 0 | $ 0 |
[1]Weighted-average interest rate[2]As of December 31, 2022 and 2021, the Company had $2.5 million and $4.0 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% and LIBOR plus 0.765% as of December 31, 2022 and 2021, respectively. |
Note 13 - Notes Payable - Debt
Note 13 - Notes Payable - Debt Issued (Details) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 USD ($) | ||
August 2022 Senior Unsecured Note [Member] | ||
Amount Issued | $ 650 | |
Debt Instrument, Interest Rate, Stated Percentage | 4.60% | |
Senior Unsecured Notes 1 [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 3.50% | [1] |
Amount Repaid | $ 299.7 | [1] |
February 2022 Senior Unsecured Notes [Member] | ||
Amount Issued | $ 600 | |
Debt Instrument, Interest Rate, Stated Percentage | 3.20% | |
Senior Unsecured Notes 2 [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 3.125% | [2] |
Amount Repaid | $ 350 | [2] |
September 2021 Senior Unsecured Notes [Member] | ||
Amount Issued | $ 500 | |
Debt Instrument, Interest Rate, Stated Percentage | 2.25% | |
Senior Unsecured Notes 3 [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 3.375% | [2] |
Amount Repaid | $ 299.4 | [2] |
Senior Unsecured Notes 4 [Member] | ||
Debt Instrument, Interest Rate, Stated Percentage | 3.40% | [3] |
Amount Repaid | $ 500 | [3] |
[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 13 - Notes Payable - Matur
Note 13 - Notes Payable - Maturities of All Unsecured Notes Payable (Details) - Unsecured Debt [Member] $ in Millions | Dec. 31, 2022 USD ($) |
2023 | $ 0 |
2024 | 646.2 |
2025 | 740.5 |
2026 | 773 |
2027 | 433.7 |
Thereafter | 4,209.6 |
Total | $ 6,803 |
Note 14 - Mortgages Payable (De
Note 14 - Mortgages Payable (Details Textual) $ in Millions | 2 Months Ended | 12 Months Ended | |||
Aug. 03, 2021 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | ||
Mortgage Debt Assumed in the Weingarten Acquisition [Member] | |||||
Noncash or Part Noncash Acquisition, Debt Assumed | $ 317.7 | $ 79.4 | |||
Liabilities, Fair Value Adjustment | $ 11 | $ 9.4 | |||
Number of Encumbered Operating Properties | 16 | 6 | |||
Mortgage Debt Assumed in the Weingarten Acquisition [Member] | Minimum [Member] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 3.50% | ||||
Mortgage Debt Assumed in the Weingarten Acquisition [Member] | Maximum [Member] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 6.95% | ||||
Mortgage Relating to An Operating Property [Member] | |||||
Liabilities, Fair Value Adjustment | $ 0.5 | ||||
Number of Encumbered Operating Properties | 11 | ||||
Proceeds from Issuance of Long-Term Debt, Total | $ 19 | ||||
Repayments of Long-Term Debt, Total | $ 158.4 | ||||
Nonrecourse Mortages Assumed Through Consolidation [Member] | |||||
Noncash or Part Noncash Acquisition, Debt Assumed | $ 234.1 | ||||
Number of Real Estate Properties | 9 | 9 | |||
Mortgage Debt Encumbered Operating Property [Member] | |||||
Liabilities, Fair Value Adjustment | $ 1.2 | ||||
Repayments of Long-Term Debt, Total | $ 230.5 | ||||
Number of Real Estate Properties | 28 | 28 | |||
Non-recouse Mortgage Debt Related to Property Deconsolidated [Member] | |||||
Number of Real Estate Properties | 6 | 6 | |||
Debt Instrument, Increase (Decrease), Net, Total | $ (170) | $ (170) | |||
Mortgages [Member] | |||||
Debt Instrument, Interest Rate, Stated Percentage | [1] | 4.16% | |||
Debt Instrument, Unamortized Discount (Premium), Net, Total | $ 0.7 | ||||
Debt Issuance Costs, Net, Total | $ 1.3 | $ 1.7 | $ 1.3 | ||
Mortgages [Member] | Minimum [Member] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 3.23% | 3.23% | 3.23% | ||
Mortgages [Member] | Maximum [Member] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 7.23% | 7.23% | 7.23% | ||
[1]Weighted-average interest rate |
Note 14 - Mortgages Payable - M
Note 14 - Mortgages Payable - Mortgages Payable (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | |
Balance, Net | $ 6,781 | $ 7,027.1 | |
Weighted Average [Member] | |||
Interest Rate | [1] | 3.45% | 3.35% |
Mortgages [Member] | |||
Gross Balance | $ 379.3 | $ 439.2 | |
Interest Rate | [1] | 4.16% | |
Fair value debt adjustments, net | $ (0.7) | 10.8 | |
Deferred financing costs, net | (1.7) | (1.3) | |
Balance, Net | $ 376.9 | $ 448.7 | |
Mortgages [Member] | Minimum [Member] | |||
Interest Rate | 3.23% | 3.23% | |
Mortgages [Member] | Maximum [Member] | |||
Interest Rate | 7.23% | 7.23% | |
Mortgages [Member] | Weighted Average [Member] | |||
Interest Rate | [1] | 4.12% | |
[1]Weighted-average interest rate |
Note 14 - Mortgages Payable -_2
Note 14 - Mortgages Payable - Maturities of All Mortgages Payable (Details) - Mortgages Payable and Construction Loans [Member] $ in Millions | Dec. 31, 2022 USD ($) |
2023 | $ 23.4 |
2024 | 21.5 |
2025 | 73 |
2026 | 7.4 |
2027 | 39 |
Thereafter | 215 |
Total | $ 379.3 |
Note 15 - Other Liabilities (De
Note 15 - Other Liabilities (Details Textual) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) | ||
Payments to Acquire Real Estate, Total | $ 300,437 | [1] | $ 357,694 |
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 | ||
[1]Includes $19.7 million of Internal Revenue Code 26 U.S.C. §1031 proceeds held in escrow for acquisition of real estate interests for the year ended December 31, 2022. |
Note 16 - Noncontrolling Inte_3
Note 16 - Noncontrolling Interests and Redeemable Noncontrolling Interests (Details Textual) $ / shares in Units, $ in Thousands | 1 Months Ended | 12 Months Ended | |||||||||
Aug. 03, 2021 USD ($) shares | Jun. 30, 2021 USD ($) | Jan. 31, 2021 USD ($) | Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | Dec. 31, 2020 USD ($) | Dec. 31, 2019 USD ($) shares | Dec. 31, 2018 USD ($) shares | Dec. 31, 2007 USD ($) shares | Dec. 31, 2006 USD ($) $ / shares shares | ||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 891 | $ 149 | |||||||||
Redeemable Noncontrolling Interest, Equity, Carrying Amount, Total | 92,933 | $ 13,480 | 15,784 | ||||||||
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | 209 | 0 | |||||||||
Proceeds from Sale of Property Held-for-sale | 184,294 | 302,841 | 30,545 | ||||||||
Asset Impairment Charges, Total | 21,958 | 3,597 | $ 6,624 | ||||||||
Asset Acquisition, Consideration Transferred, Total | $ 524,892 | $ 896,707 | |||||||||
Number of Properties Sold | [1] | 9 | 13 | 3 | |||||||
Disposal Group, Including Discontinued Operation, Consideration | [1] | $ 191,100 | $ 612,400 | $ 31,800 | |||||||
Measurement Input, Cap Rate [Member] | |||||||||||
Noncontrolling Interest, Fair Value, Measurement Input | 0.0550 | ||||||||||
Measurement Input, Discount Rate [Member] | |||||||||||
Noncontrolling Interest, Fair Value, Measurement Input | 0.0650 | ||||||||||
KIM RDC, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Operating Properties [Member] | |||||||||||
Asset Acquisition, Consideration Transferred, Total | $ 104,000 | ||||||||||
Disposal of Two Operating Properties [Member] | Discontinued Operations, Disposed of by Sale [Member] | KIM RDC, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | |||||||||||
Number of Properties Sold | 2 | ||||||||||
Disposal Group, Including Discontinued Operation, Consideration | $ 108,000 | ||||||||||
Disposal of Two Operating Properties [Member] | Discontinued Operations, Disposed of by Sale [Member] | KPR [Member] | |||||||||||
Distribution Made to Limited Partner, Cash Distributions Paid | $ 2,100 | ||||||||||
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 | 73,286 | 73,466 | |||||||||
Non-controlling Interest, Cumulative Par Value | $ 1,700 | $ 1,700 | |||||||||
Stock Issued During Period, Shares, Redemption/ Conversion of Noncontrolling Interests (in shares) | shares | 73,286 | 73,466 | |||||||||
Consolidated Joint Venture [Member] | |||||||||||
Noncontrolling Interest, Ownership Percentage by Parent | 15% | ||||||||||
Joint Venture with KP Lancewood [Member] | KIM RDC, LLC [Member] | |||||||||||
Noncontrolling Interest, Ownership Percentage by Parent | 100% | ||||||||||
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] | |||||||||||
Number of Operating Properties Acquired | 8 | ||||||||||
Redeemable Noncontrolling Interest, Equity, Fair Value, Total | $ 38,600 | $ 40,100 | |||||||||
Noncontrolling Interest in Joint Ventures | $ 132,300 | ||||||||||
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 Redeemed (in shares) | shares | 188,951 | 25,970 | 30,000 | ||||||||
Non-controlling Interest, Cumulative Par Value | $ 8,000 | $ 1,100 | $ 1,100 | ||||||||
Cash Paid to Noncontrolling Interests to Settle Capital Units | $ 4,000 | $ 500 | |||||||||
Noncontrolling Interest [Member] | |||||||||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 891 | 149 | |||||||||
Noncontrolling Interest [Member] | Consolidated Joint Ventures Structured as DownREIT Partnerships [Member] | |||||||||||
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | 1,500 | 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 | $ 1,500 | 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 | $ 5,200 | |||||||||
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 | ||||||||||
Embedded Derivative, Fair Value of Embedded Derivative Liability | 56,000 | ||||||||||
Long Island, NY [Member] | Noncontrolling Interest [Member] | |||||||||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 79,700 | ||||||||||
Long Island, NY [Member] | Preferred Units [Member] | |||||||||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 122,100 | ||||||||||
Long Island, NY [Member] | Common Units [Member] | |||||||||||
Noncontrolling Interest, Increase from Subsidiary Equity Issuance | $ 13,600 | ||||||||||
[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. |
Note 16 - Noncontrolling Inte_4
Note 16 - Noncontrolling Interests and Redeemable Noncontrolling Interests - Convertible Non-convertible Units (Details) | 12 Months Ended | |
Dec. 31, 2022 $ / shares shares | ||
Preferred Outside Partner Units [Member] | ||
Par Value Per Unit (in dollars per share) | $ / shares | $ 20 | |
Number of Units Remaining (in shares) | shares | 6,104,831 | |
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 | 678,306 | |
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 16 - Noncontrolling Inte_5
Note 16 - Noncontrolling Interests and Redeemable Noncontrolling Interests - Redemption Value of the Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | ||
Balance | $ 13,480 | $ 15,784 | |
Fair value allocation to unitholders/partnership interest (1) (2) | [1],[2] | 79,663 | 2,068 |
Income | 1,770 | 751 | |
Distributions | (1,771) | (2,819) | |
Redemption/conversion of noncontrolling interests | (209) | 0 | |
Adjustment to estimated redemption value (3) | [3] | 0 | (2,304) |
Balance | $ 92,933 | $ 13,480 | |
[1]During January 2021, KIM RDC, LLC (“KIM RDC”), a wholly owned subsidiary of the Company, and KP Lancewood LLC (“KPR Member”) entered into a joint venture agreement wherein KIM RDC has a 100% controlling interest and KPR Member is entitled to a profit participation. The joint venture acquired two operating properties for a gross fair value of $104.0 million (see Footnote 4 of the Company’s Consolidated Financial Statements). During June 2021, the two joint venture properties were sold for a combined sales price of $108.0 million of which the KPR Member received a distribution of $2.1 million.[2]Relates to Outside Partner Units issued during 2022 described above.[3]During 2021, the Company recorded an adjustment to the estimated redemption fair market value of a noncontrolling interest in accordance with the provisions of the respective joint venture agreement and ASC 480, Accounting for Redeemable Equity Instruments. The Company assesses the fair market value of this noncontrolling interest on a recurring basis and determined that its valuation was classified within Level 3 of the fair value hierarchy. The estimated fair market value of this noncontrolling interest was based upon a discounted cash flow model, for which a capitalization rate of 5.50% and discount rate of 6.50% were utilized in the model based upon unobservable rates that the Company believes to be within a reasonable range of current market rates. |
Note 17 - Variable Interest E_3
Note 17 - Variable Interest Entities ("VIE") (Details Textual) $ in Thousands | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Assets, Total | [1] | $ 17,826,122 | $ 18,459,199 |
Liabilities, Total | [2] | $ 8,086,280 | $ 8,335,537 |
Variable Interest Entity, Primary Beneficiary [Member] | |||
Variable Interest Entity, Number of Entities | 32 | 34 | |
Consolidated Operating Properties [Member] | |||
Variable Interest Entity, Number of Entities | 32 | 34 | |
Consolidated Operating Properties [Member] | Variable Interest Entity, Primary Beneficiary [Member] | |||
Assets, Total | $ 1,800,000 | $ 1,600,000 | |
Liabilities, Total | $ 199,100 | $ 153,900 | |
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021 of $88,949 and $227,858, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements.[2]Includes non-recourse liabilities of consolidated VIEs at September 30, 2022 and December 31, 2021 of $100,291 and $153,924, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements. |
Note 17 - Variable Interest E_4
Note 17 - Variable Interest Entities ("VIE") - Summary of Restricted Assets and VIE Liabilities (Details) $ in Thousands | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | ||
Real estate, net | $ 15,039,828 | $ 15,041,572 | ||
Cash and cash equivalents | 146,970 | 325,631 | ||
Accounts and notes receivable, net | 304,226 | 254,677 | ||
Other assets | 253,779 | 195,715 | ||
Assets, Total | [1] | 17,826,122 | 18,459,199 | |
Secured Debt, Total | 376,917 | 448,652 | ||
Accounts payable and accrued expenses | 207,815 | 220,308 | ||
Operating lease liabilities | 113,679 | [2] | 123,779 | |
Other Liabilities, Total | 601,574 | 510,382 | ||
Liabilities, Total | [3] | $ 8,086,280 | $ 8,335,537 | |
Variable Interest Entity, Unencumbered [Member] | ||||
Number of consolidated VIEs | 29 | 30 | ||
Variable Interest Entity, Encumbered by Third Party Non-resource Mortgage Debt [Member] | ||||
Number of consolidated VIEs | 3 | 4 | ||
Variable Interest Entity, Primary Beneficiary [Member] | ||||
Number of consolidated VIEs | 32 | 34 | ||
Variable Interest Entity, Primary Beneficiary [Member] | Nonrecourse [Member] | ||||
Secured Debt, Total | $ 109,700 | $ 78,900 | ||
Accounts payable and accrued expenses | 10,900 | 11,800 | ||
Operating lease liabilities | 5,200 | 6,700 | ||
Other Liabilities, Total | 73,300 | 56,500 | ||
Liabilities, Total | 199,100 | 153,900 | ||
Variable Interest Entity, Primary Beneficiary [Member] | Asset Pledged as Collateral [Member] | ||||
Real estate, net | 425,500 | 222,900 | ||
Cash and cash equivalents | 7,900 | 2,000 | ||
Accounts and notes receivable, net | 1,700 | 2,000 | ||
Other assets | 1,500 | 1,000 | ||
Assets, Total | $ 436,600 | $ 227,900 | ||
[1]Includes restricted assets of consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021 of $88,949 and $227,858, respectively. See Footnote 13 of the Notes to Condensed 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 September 30, 2022 and December 31, 2021 of $100,291 and $153,924, respectively. See Footnote 13 of the Notes to Condensed Consolidated Financial Statements. |
Note 18 - Fair Value Disclosu_3
Note 18 - Fair Value Disclosure of Financial Instruments (Details Textual) - Estimate of Fair Value Measurement [Member] - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | |
Notes Payable, Fair Value Disclosure | [1] | $ 5,837,401 | $ 7,330,723 |
Fair Value, Inputs, Level 2 [Member] | |||
Notes Payable, Fair Value Disclosure | $ 5,800,000 | $ 7,300,000 | |
[1]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, 2022 and 2021, were $5.8 billion and $7.3 billion, respectively. |
Note 18 - Fair Value Disclosu_4
Note 18 - Fair Value Disclosure of Financial Instruments - Estimate of Fair Value Differs From Carrying Amounts (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | |
Reported Value Measurement [Member] | |||
Notes payable, net | [1] | $ 6,780,969 | $ 7,027,050 |
Reported Value Measurement [Member] | Mortgages [Member] | |||
Mortgages payable, net | [2] | 376,917 | 448,652 |
Estimate of Fair Value Measurement [Member] | |||
Notes payable, net | [1] | 5,837,401 | 7,330,723 |
Estimate of Fair Value Measurement [Member] | Mortgages [Member] | |||
Mortgages payable, net | [2] | $ 311,659 | $ 449,758 |
[1]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, 2022 and 2021, were $5.8 billion and $7.3 billion, respectively.[2]The Company determined that its valuation of its mortgages payable were classified within Level 3 of the fair value hierarchy. |
Note 18 - Fair Value Disclosu_5
Note 18 - Fair Value Disclosure of Financial Instruments - Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
Fair Value, Nonrecurring [Member] | ||
Other investments | $ 9,834 | |
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Other investments | 0 | |
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Other investments | 0 | |
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Other investments | 9,834 | |
Fair Value, Recurring [Member] | ||
Marketable equity securities | $ 597,732 | 1,211,739 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 56,000 | |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Marketable equity securities | 597,732 | 1,211,739 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 0 | |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Marketable equity securities | 0 | |
Embedded Derivative, Fair Value of Embedded Derivative Liability | 0 | |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Marketable equity securities | 0 | $ 0 |
Embedded Derivative, Fair Value of Embedded Derivative Liability | $ 56,000 |
Note 19 - Preferred Stock, Co_3
Note 19 - Preferred Stock, Common Stock and Convertible Unit Transactions (Details Textual) $ / shares in Units, $ in Thousands | 1 Months Ended | 12 Months Ended | ||||||
Aug. 03, 2021 shares | Apr. 15, 2021 shares | Sep. 30, 2019 USD ($) $ / shares | Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2021 USD ($) $ / shares shares | Dec. 31, 2020 shares | Aug. 31, 2021 $ / shares | Feb. 28, 2020 USD ($) | |
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) | 567,450 | 1,084,953 | 294,346 | |||||
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance | $ | $ 131,401 | $ 210,793 | ||||||
Partners' Capital Account, Units, Converted (in shares) | 2,600,000 | |||||||
Weingarten Realty Investors [Member] | ||||||||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Per Each Acquired Company Share (in shares) | 1.408 | 1.408 | ||||||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares) | 179,919,880 | |||||||
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) | 450,000 | 3,500,000 | ||||||
Proceeds from Issuance of Common Stock | $ | $ 11,300 | |||||||
Proceeds from Issuance of Common Stock, Net | $ | $ 76,900 | |||||||
Common Stock Available for Issuance, Value | $ | $ 411,000 | |||||||
Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | ||||||||
Stock Repurchased During Period, Shares (in shares) | 54,508 | |||||||
Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | ||||||||
Stock Repurchased During Period, Shares (in shares) | 90,760 | |||||||
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 I Preferred Stock [Member] | ||||||||
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares | $ 25,000 | |||||||
Series J Preferred Stock [Member] | ||||||||
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] | ||||||||
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance | $ | $ 54,500 | |||||||
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] | Maximum [Member] | ||||||||
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares) | 1,958 | |||||||
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) | 900,000 | |||||||
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) | 1,058,000 |
Note 19 - Preferred Stock, Co_4
Note 19 - Preferred Stock, Common Stock and Convertible Unit Transactions - Preferred Stock Repurchased (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Shares repurchased (in shares) | 567,450 | 1,084,953 | 294,346 |
Purchase price | $ 3,441 | $ 0 | $ 0 |
Class L Cumulative Redeemable Preferred Stock Depositary Shares[Member] | |||
Shares repurchased (in shares) | 54,508 | ||
Purchase price | $ 1,300 | ||
Class M Cumulative Redeemable Preferred Stock Depositary Shares [Member] | |||
Shares repurchased (in shares) | 90,760 | ||
Purchase price | $ 2,100 |
Note 19 - Preferred Stock, Co_5
Note 19 - Preferred Stock, Common Stock and Convertible Unit Transactions - Outstanding Preferred Stock (Details) - USD ($) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Preferred stock, shares authorized (in shares) | 7,054,000 | 7,054,000 |
Preferred stock, liquidation preference | $ 485,868 | $ 489,500 |
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) | 8,946 | 9,000 |
Preferred stock, liquidation preference | $ 223,637,000 | $ 225,000,000 |
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 |
Series M Preferred Stock [Member] | ||
Preferred stock, shares authorized (in shares) | 10,580 | 10,580 |
Shares issued and outstanding (in shares) | 10,489 | 10,580 |
Preferred stock, liquidation preference | $ 262,231,000 | $ 264,500,000 |
Dividend rate | 5.25% | 5.25% |
Annual dividend per depository share (in dollars per share) | $ 1.31250 | $ 1.31250 |
Preferred stock, par value (in dollars per share) | $ 1 | $ 1 |
Redeemable Preferred Stock [Member] | ||
Shares issued and outstanding (in shares) | 19,435 | 19,580 |
Preferred stock, liquidation preference | $ 485,868,000 | $ 489,500,000 |
Note 19 - Preferred Stock, Co_6
Note 19 - Preferred Stock, Common Stock and Convertible Unit Transactions - Dividends Declared (Details) - $ / shares | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Common Stock (in dollars per share) | $ 0.84000 | $ 0.68000 | $ 0.54000 |
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) | $ 1.31250 | $ 1.31250 | $ 1.31250 |
Note 20 - Supplemental Schedu_3
Note 20 - Supplemental Schedule of Non-cash Investing / Financing Activities - Non-cash Investing and Financing Activities (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Aug. 03, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Capital expenditures accrual | $ 29,079 | $ 34,651 | $ 37,411 | |
Surrender of common stock | 13,790 | 20,909 | 5,395 | |
Dividends payable | 5,326 | 5,366 | 5,366 | |
Decrease in redeemable noncontrolling interests’ carrying amount | 0 | (2,304) | (2,160) | |
Lease liabilities arising from obtaining operating right-of-use assets | 0 | 553 | 0 | |
Allocation of fair value to noncontrolling interests | 0 | 2,068 | 0 | |
Purchase price fair value adjustment to prepaid rent | 0 | 15,620 | 0 | |
Decrease in noncontrolling interests from redemption of units for common stock | 1,613 | 1,540 | 0 | |
Weingarten Merger: | ||||
Common stock issued in exchange for Weingarten common shares | 0 | (3,738,735) | 0 | |
Increase in real estate and other assets, net | 0 | 506,266 | 0 | |
Increase in mortgages payable, other liabilities and noncontrolling interests | 0 | 234,091 | 0 | |
Decrease in real estate and other assets, net | 0 | 300,099 | 0 | |
Decrease in mortgages payable and other liabilities | 0 | 170,000 | 0 | |
Weingarten Realty Investors [Member] | ||||
Weingarten Merger: | ||||
Real estate assets | 0 | 5,627,469 | 0 | |
Investments in and advances to real estate joint ventures | $ 585,382 | 0 | 585,382 | 0 |
Notes payable | (1,497,632) | 0 | (1,497,632) | 0 |
Mortgages payable | (317,671) | 0 | (317,671) | 0 |
Below-market leases | (119,373) | 0 | (119,373) | 0 |
Noncontrolling interests | (177,039) | 0 | (177,039) | 0 |
Other assets and liabilities, net | 0 | (154,775) | 0 | |
Lease liabilities arising from obtaining operating right-of-use assets | 32,600 | 0 | 32,569 | 0 |
Lease liabilities arising from obtaining financing right-of-use assets | $ 23,000 | 0 | 23,026 | 0 |
REIT [Member] | ||||
Noncash or Part Noncash Acquisition, Debt Assumed | 79,362 | 0 | 0 | |
Other liabilities | 59,000 | 0 | 0 | |
Redeemable noncontrolling interests | $ 79,663 | $ 0 | $ 0 |
Note 20 - Supplemental Schedu_4
Note 20 - Supplemental Schedule of Non-cash Investing / Financing Activities - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
Cash and cash equivalents | $ 146,970 | $ 325,631 |
Restricted cash | 2,859 | 9,032 |
Total cash, cash equivalents and restricted cash | $ 149,829 | $ 334,663 |
Note 21 - Transactions With R_2
Note 21 - Transactions With Related Parties (Details Textual) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Officer [Member] | Ripco [Member] | |||
Percentage of Ownership | 50% | ||
Ripco [Member] | |||
Related Party Transaction, Amounts of Transaction | $ 0.3 | $ 0.4 | $ 0.5 |
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 | 14.5 | ||
Fifth Wall's Ventures SPV Fund [Member] | |||
Equity Securities without Readily Determinable Fair Value, Amount | $ 1.5 |
Note 22 - Commitments and Con_2
Note 22 - Commitments and Contingencies (Details Textual) $ in Millions | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Letters of Credit Outstanding, Amount | $ 43.3 |
Performance and Surety Bonds | 18.4 |
Series A Bond [Member] | |
Special Assessment Bond, Total | 45.5 |
Investment With Funding Commitments [Member] | |
Equity Method Investment, Commitment Amount | 30.4 |
Payments to Acquire Equity Method Investments | $ 16.5 |
Note 23 - Incentive Plans (Deta
Note 23 - Incentive Plans (Details Textual) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended | |||||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Sep. 30, 2022 | May 31, 2020 | ||
Share-Based Payment Arrangement, Expense | $ 26.6 | $ 23.2 | $ 23.7 | |||
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $ 43.1 | |||||
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year) | 2 years 9 months 18 days | |||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares) | 0 | 0 | 0 | |||
Share-Based Payment Arrangement, Option, Exercise Price Range, Lower Range Limit (in dollars per share) | $ 20.41 | |||||
Share-Based Payment Arrangement, Option, Exercise Price Range, Upper Range Limit (in dollars per share) | $ 24.12 | |||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year) | 2 months 12 days | |||||
Proceeds from Stock Options Exercised | $ 4.2 | $ 6.1 | $ 1 | |||
Common Stock, Shares, Issued (in shares) | 618,483,565 | 616,658,593 | ||||
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent | 5% | |||||
Defined Contribution Plan, Cost | $ 2.6 | $ 2.4 | 2.3 | |||
Employee [Member] | ||||||
Severance Costs | $ 1.5 | 14.4 | $ 8.7 | |||
Employee [Member] | Merger Charges [Member] | ||||||
Severance Costs | $ 13.7 | |||||
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) | $ 24.27 | $ 17.81 | $ 18.67 | |||
Dividend, Share-Based Payment Arrangement, Shares | $ 2.5 | $ 1.8 | $ 2.2 | |||
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) | $ 31.19 | $ 22.96 | $ 18.02 | |||
Common Stock, Shares, Issued (in shares) | 998,238 | 814,160 | 594,900 | |||
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) | 6,900,000 | |||||
[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 23 - Incentive Plans - Sto
Note 23 - Incentive Plans - Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Options outstanding (in shares) | 488,755 | 1,162,321 | 1,297,936 | |
Options outstanding, weighted average exercise price per share (in dollars per share) | $ 21.48 | $ 20.03 | $ 19.60 | |
Options outstanding, aggregate intrinsic value | $ 0 | $ 1.5 | $ 0 | $ 2 |
Options exercised, shares (in shares) | (205,871) | (315,750) | (63,365) | |
Options exercised, weighted average exercise price per share (in dollars per share) | $ 20.56 | $ 19.19 | $ 15.48 | |
Options exercised, aggregate intrinsic value | $ 0.8 | $ 1.1 | $ 0.2 | |
Options forfeited, shares (in shares) | (750) | (357,816) | (72,250) | |
Options forfeited, weighted average exercise price per share (in dollars per share) | $ 19.70 | $ 19.01 | $ 16.20 | |
Options outstanding, weighted average exercise price per share (in dollars per share) | $ 22.13 | $ 21.48 | $ 20.03 | $ 19.60 |
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 Exercisable, Shares (in shares) | 282,134 | 488,755 | 1,162,321 | |
Options exercisable, weighted average exercise price per share (in dollars per share) | $ 22.13 | $ 21.48 | $ 20.03 | |
Options exercisable, aggregate intrinsic value | $ 0 | $ 1.5 | $ 0 |
Note 23 - Incentive Plans - Res
Note 23 - Incentive Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - shares | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Restricted stock outstanding as of January 1, (in shares) | 2,347,608 | 2,394,825 | 2,367,843 | |
Granted (1) (in shares) | [1] | 819,090 | 754,560 | 820,150 |
Vested (in shares) | (511,772) | (759,665) | (784,120) | |
Forfeited (in shares) | (48,956) | (42,112) | (9,048) | |
Restricted stock outstanding as of December 31, (in shares) | 2,605,970 | 2,347,608 | 2,394,825 | |
[1]The weighted-average grant date fair value for restricted stock issued during the years ended December 31, 2022, 2021 and 2020 were $24.27, $17.81 and $18.67, respectively. |
Note 23 - Incentive Plans - Per
Note 23 - Incentive Plans - Performance Shares Activity (Details) - Performance Shares [Member] - shares | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Restricted stock outstanding as of January 1, (in shares) | 1,052,100 | 913,800 | 704,530 | |
Granted (1) (in shares) | [1] | 458,660 | 545,380 | 506,720 |
Vested (in shares) | [2] | (506,720) | (407,080) | (297,450) |
Restricted stock outstanding as of December 31, (in shares) | 1,004,040 | 1,052,100 | 913,800 | |
[1]The weighted-average grant date fair value for performance shares issued during the years ended December 31, 2022, 2021 and 2020 were $31.19, $22.96 and $18.02, respectively.[2]For the years ended December 31, 2022, 2021 and 2020, the corresponding common stock equivalent of these vested awards were 998,238, 814,160 and 594,900 shares, respectively. |
Note 23 - Incentive Plans - P_2
Note 23 - Incentive Plans - Performance Shares Significant Fair Value Assumptions (Details) - Performance Shares [Member] - $ / shares | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Stock price (in dollars per share) | $ 24.27 | $ 17.87 | $ 18.93 | |
Dividend yield (1) | [1] | 0% | 0% | 0% |
Risk-free rate | 1.72% | 0.20% | 1.42% | |
Volatility (2) | [2] | 49.07% | 48.41% | 24.67% |
Term of the award (Year) | 2 years 10 months 13 days | 2 years 10 months 9 days | 2 years 10 months 17 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 24 - Defined Benefit Pla_2
Note 24 - Defined Benefit Plan (Details Textual) - The Weingarten Realty Noncontributory Qualified Cash Balance Retirement Plan [Member] $ in Thousands | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Defined Benefit Plan, Annual Additions to Each Participant's Account, Interest Credit, Percentage | 4.50% |
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-Term Rate of Return on Plan Assets | 1% |
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year | $ 0 |
Note 24 - Defined Benefit Pla_3
Note 24 - Defined Benefit Plan - Changes in Projected Benefit Obligation, Plan Assets and Funded Status (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Benefit obligation at beginning of period | $ 36,995 | $ 73,081 |
Interest cost | 1,052 | 762 |
Settlement payments | 0 | (29,107) |
Actuarial gain | (9,781) | (6,831) |
Benefit payments | (2,101) | (910) |
Benefit obligation at end of period | 26,165 | 36,995 |
Fair value of plan assets at beginning of period | 43,653 | 74,025 |
Actual return on plan assets | (966) | 642 |
Settlement payments | 0 | (30,104) |
Benefit payments | (2,101) | (910) |
Fair value of plan assets at end of period | 40,586 | 43,653 |
Funded status at end of period (included in Accounts and notes receivable) | 14,421 | 6,658 |
Accumulated benefit obligation | 26,165 | 36,995 |
Net gain recognized in Accumulated other comprehensive income | $ 10,581 | $ 2,216 |
Note 24 - Defined Benefit Pla_4
Note 24 - Defined Benefit Plan - Components of Net Periodic Benefit Income (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Interest cost | $ (1,052) | $ (750) |
Expected return on plan assets | 413 | 2,125 |
Amortization of net gain | 37 | 0 |
Settlement gain | 0 | 2,216 |
Total | $ (602) | $ 3,591 |
Note 24 - Defined Benefit Pla_5
Note 24 - 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, 2022 | Dec. 31, 2021 |
Discount rate | 4.88% | 2.43% |
Interest credit rate for cash balance plan | 4.50% | 4.50% |
Note 24 - Defined Benefit Pla_6
Note 24 - Defined Benefit Plan - Expected Benefit Payments (Details) $ in Millions | Dec. 31, 2022 USD ($) |
2023 | $ 6.4 |
2024 | 2 |
2025 | 1.9 |
2026 | 1.9 |
2027 | 1.8 |
2028-2032 | $ 8.2 |
Note 24 - Defined Benefit Plans
Note 24 - Defined Benefit Plans - Fair Value of Plan Assets, Defined Benefit Plan (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Fair value of plan assets | $ 40,586 | $ 43,653 | $ 74,025 |
Asset allocation | 100% | 100% | |
Defined Benefit Plan, Cash [Member] | |||
Fair value of plan assets | $ 40,586 | $ 26,246 | |
Asset allocation | 100% | 60.10% | |
Large Company Funds [Member] | |||
Fair value of plan assets | $ 0 | $ 7,130 | |
Asset allocation | 0% | 16.30% | |
Mid Company Funds [Member] | |||
Fair value of plan assets | $ 0 | $ 662 | |
Asset allocation | 0% | 1.50% | |
Small Company Funds [Member] | |||
Fair value of plan assets | $ 0 | $ 1,958 | |
Asset allocation | 0% | 4.50% | |
International Funds [Member] | |||
Fair value of plan assets | $ 0 | $ 1,972 | |
Asset allocation | 0% | 4.50% | |
Fixed Income Funds [Member] | |||
Fair value of plan assets | $ 0 | $ 4,260 | |
Asset allocation | 0% | 9.80% | |
Growth Funds [Member] | |||
Fair value of plan assets | $ 0 | $ 1,425 | |
Asset allocation | 0% | 3.30% |
Note 25 - Income Taxes (Details
Note 25 - Income Taxes (Details Textual) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Required Dividend Payout | 90% | |
Unrecognized Tax Benefits, Ending Balance | $ 1.4 | $ 1.4 |
ACI’s Common Stock Owned by Kimco Realty [Member] | ||
Equity Securities, FV-NI, Realized Gain (Loss), Total | 251.5 | |
ACI’s Common Stock Owned by Kimco Realty [Member] | Domestic Tax Authority [Member] | ||
Effective Income Tax Expense Long-term Capital Gain Amount | 47.3 | |
ACI’s Common Stock Owned by Kimco Realty [Member] | State and Local Jurisdiction [Member] | ||
Effective Income Tax Expense Long-term Capital Gain Amount | $ 9.9 | |
Weingarten Realty Investors [Member] | ||
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount | $ 20.7 |
Note 25 - Income Taxes - GAAP N
Note 25 - Income Taxes - GAAP Net Income to Taxable Income Reconciliation (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Net income | $ 125,976 | $ 844,059 | $ 1,000,833 | |
Federal income taxes | 47,302 | 0 | 0 | |
Net book depreciation in excess of tax depreciation | 130,678 | 77,951 | (55,072) | |
Deferred/prepaid/above-market and below-market rents, net | (38,810) | (31,666) | (16,632) | |
Fair market value debt amortization | (38,303) | (17,961) | (3,847) | |
Book/tax differences from executive compensation | 23,248 | 19,882 | 10,388 | |
Book/tax differences from equity awards | (7,846) | (3,714) | 5,640 | |
Book/tax differences from defined benefit plan | 0 | (2,948) | 0 | |
Book/tax differences from investments in and advances to real estate joint ventures | 18,020 | 16,030 | 40,176 | |
Book/tax differences from sale of properties | 217,797 | (50,955) | (10,547) | |
Book/tax differences from accounts receivable | (8,566) | (17,707) | 44,193 | |
Book adjustment to property carrying values and marketable equity securities | 335,233 | (503,847) | (589,698) | |
Taxable currency exchange gain/(loss), net | 198 | 1,945 | (29) | |
Tangible property regulation deduction | (61,492) | 0 | (48,194) | |
GAAP change in ownership of joint venture interests | 45,767 | (5,607) | 0 | |
Dividends from TRSs | 145 | 23,314 | 2 | |
Severance accrual | (1,933) | (5,608) | 5,874 | |
Other book/tax differences, net (2) | [1] | (2,650) | (20,299) | (5,069) |
Adjusted REIT taxable income | 778,513 | 299,504 | 377,062 | |
GAAP Net Loss/(Income) of Taxable REIT Subsidiaries [Member] | ||||
Net income | (6,251) | (23,365) | (956) | |
GAAP Net Income From REIT Operations [Member] | ||||
Net income | [2] | $ 119,725 | $ 820,694 | $ 999,877 |
[1]Includes Merger related costs of $20.7 million for the year ended December 31, 2021.[2]All adjustments to "GAAP net income from REIT operations" are net of amounts attributable to noncontrolling interests and TRSs. |
Note 25 - Income Taxes - Taxabl
Note 25 - Income Taxes - Taxable Characteristics of Distributions Paid (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Dividends distributed, amount | $ 542,267 | $ 380,316 | $ 377,651 |
Series I Preferred Stock [Member] | |||
Ordinary income, amount | $ 9,657 | $ 11,185 | $ 4,382 |
Ordinary income, percent | 84% | 97% | 38% |
Capital gain, amount | $ 1,839 | $ 346 | $ 7,149 |
Capital gain, percent | 16% | 3% | 62% |
Dividends distributed, amount | $ 11,496 | $ 11,531 | $ 11,531 |
Dividends distributed, percent | 100% | 100% | 100% |
Series J Preferred Stock [Member] | |||
Ordinary income, amount | $ 11,615 | $ 13,469 | $ 5,277 |
Ordinary income, percent | 84% | 97% | 38% |
Capital gain, amount | $ 2,212 | $ 417 | $ 8,609 |
Capital gain, percent | 16% | 3% | 62% |
Dividends distributed, amount | $ 13,827 | $ 13,886 | $ 13,886 |
Dividends distributed, percent | 100% | 100% | 100% |
Series K Preferred Stock [Member] | |||
Ordinary income, amount | $ 418,725 | $ 273,272 | $ 133,849 |
Ordinary income, percent | 81% | 77% | 38% |
Capital gain, amount | $ 82,711 | $ 10,647 | $ 214,863 |
Capital gain, percent | 16% | 3% | 61% |
Dividends distributed, amount | $ 516,944 | $ 354,899 | $ 352,234 |
Dividends distributed, percent | 100% | 100% | 100% |
Common Stock 1 [Member] | |||
Return of capital, amount | $ 15,508 | $ 70,980 | $ 3,522 |
Return of capital, percent | 3% | 20% | 1% |
Note 25 - Income Taxes - Taxa_2
Note 25 - Income Taxes - Taxable Income and Provisions for Income Taxes (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Total tax provision | $ (56,654) | $ (3,380) | $ (978) | |
TRSs and Taxable Entities [Member] | ||||
Total tax provision | 533 | (3,380) | 522 | |
REIT [Member] | ||||
Total tax provision | [1] | $ (57,187) | $ 0 | $ (1,500) |
[1]During 2022, the Company sold shares of ACI and recognized a long-term capital gain for tax purposes of $251.5 million. The Company elected to retain the proceeds from this stock sale for general corporate purposes and pay corporate income tax on the taxable gain. The Company accrued and paid federal taxes of $47.3 million and estimated state and local taxes of $9.9 million on this undistributed long term capital gain. This undistributed long-term capital gain is allocated to, and reportable by, each shareholder, and each shareholder is also entitled to claim a federal income tax credit for its allocable share of the federal income tax paid by the Company for 2022. The allocable share of the long-term capital gain and the federal tax credit will be reported to direct holders of Kimco common stock, on Form 2439, and to others in year-end reporting documents issued by brokerage firms if the Company’s common stock is held in a brokerage account. |
Note 25 - Income Taxes - Deferr
Note 25 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 | |
Deferred tax assets: | |||
Net operating losses (1) | [1] | $ 1,836 | $ 4,580 |
Tax credit carryforwards (2) | [2] | 0 | 2,340 |
Valuation allowance | 0 | (4,067) | |
Total deferred tax assets | 6,001 | 6,139 | |
Deferred tax liabilities | (6,551) | (8,058) | |
Net deferred tax liabilities | (550) | (1,919) | |
Domestic Tax Authority [Member] | |||
Deferred tax assets: | |||
Tax/GAAP basis differences | $ 4,165 | $ 3,286 | |
[1]Net operating losses do not expire.[2]Expiration dates ranging from 2027 to 2035. |
Note 26 - Captive Insurance C_3
Note 26 - Captive Insurance Company (Details Textual) - USD ($) | 12 Months Ended | 148 Months Ended | 183 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | Feb. 01, 2021 | Dec. 31, 2022 | |
Letters of Credit Outstanding, Amount | $ 43,300,000 | $ 43,300,000 | ||
Kimco Insurance Company [Member] | ||||
Captive Insurance, Percentage of Occurance Risk Layer | 100% | 100% | ||
Captive Insurance, Obligation Per Occurrence | $ 250,000 | $ 250,000 | ||
Letters of Credit Outstanding, Amount | 27,100,000 | 27,100,000 | ||
Increase (Decrease) in Incurred Insurance Losses and Loss Adjustment Expenses | $ 5,300,000 | |||
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 | 53,000 | ||
Kimco Insurance Company [Member] | Maximum [Member] | ||||
Captive Insurance, Annual Aggregates Per Policy | 11,500,000 | |||
Captive Insurance, Obligations to Reinsurance Provider, Percent of Incurred Losses | 12.20% | |||
Captive Insurance, Billed On Fee Per Claim Basis | 1,523,000 | 1,523,000 | ||
U.S. Fire & Indemnity Company [Member] | Third Party Reinsurer [Member] | ||||
Captive Insurance, Obligation Per Occurrence | 250,000 | 250,000 | ||
Captive Insurance, Annual Aggregates Per Policy | 2,000,000 | |||
U.S. Fire & Indemnity Company [Member] | All Perils Except Floods, Windstorm or Earthquake [Member] | ||||
Captive Insurance, Obligation Per Occurrence | 100,000 | $ 100,000 | ||
U.S. Fire & Indemnity Company [Member] | Floods, Windstorms or Earthquake [Member] | ||||
Captive Insurance, Annual Aggregates Per Policy | $ 5,000,000 |
Note 26 - Captive Insurance C_4
Note 26 - Captive Insurance Company - Activity in the Liability for Unpaid Losses and Loss Adjustment Expenses (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | ||
Balance at the beginning of the year | $ 19,655 | $ 13,742 | |
Incurred related to current year | 5,694 | 5,375 | |
Incurred related to prior years | [1] | 125 | 5,281 |
Total incurred | 5,819 | 10,656 | |
Paid related to current year | (645) | (759) | |
Paid related to prior years | (4,627) | (3,984) | |
Total paid | (5,272) | (4,743) | |
Balance at the end of the year | $ 20,202 | $ 19,655 | |
[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 $5.3 million of liability incurred as a result of the Merger. |
Note 27 - Accumulated Other C_3
Note 27 - Accumulated Other Comprehensive Income ("AOCI") - Changes in Components of AOCI (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Balance | $ 10,110,182 | $ 5,670,254 | $ 4,928,907 |
Other comprehensive income | 8,365 | 2,216 | 0 |
Balance | 9,646,909 | 10,110,182 | 5,670,254 |
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] | |||
Balance | 2,216 | 0 | |
Other comprehensive income before reclassifications | 8,365 | 2,216 | |
Amounts reclassified from AOCI | 0 | 0 | |
Other comprehensive income | 8,365 | 2,216 | |
Balance | $ 10,581 | $ 2,216 | $ 0 |
Note 28 - Earnings Per Share (D
Note 28 - Earnings Per Share (Details Textual) - shares shares in Thousands | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Share-Based Payment Arrangement, Option [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 300 | 0 | 1,200 |
Note 28 - Earnings Per Share -
Note 28 - 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, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
Net income available to the Company's common shareholders | $ 100,758 | $ 818,643 | $ 975,417 | |
Change in estimated redemption value of redeemable noncontrolling interests | 0 | 2,304 | 2,160 | |
Earnings attributable to participating securities | (2,182) | (5,346) | (6,347) | |
Net income available to the Company’s common shareholders for basic earnings per share | 98,576 | 815,601 | 971,230 | |
Distributions on convertible units | 0 | 3,087 | 161 | |
Net income available to the Company’s common shareholders for diluted earnings per share | $ 98,576 | $ 818,688 | $ 971,391 | |
Weighted average common shares outstanding – basic (in shares) | 615,528 | 506,248 | 429,950 | |
Equity awards (in shares) | [1] | 2,283 | 2,422 | 1,475 |
Assumed conversion of convertible units (in shares) | [1] | 47 | 2,715 | 208 |
Weighted average common shares outstanding – diluted (in shares) | [1] | 617,858 | 511,385 | 431,633 |
Basic earnings per share (in dollars per share) | $ 0.16 | $ 1.61 | $ 2.26 | |
Diluted earnings per share (in dollars per share) | $ 0.16 | $ 1.60 | $ 2.25 | |
[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, 0 million and 1.2 million stock options that were not dilutive as of December 31, 2022, 2021 and 2020, respectively. |
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, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | ||
SEC Schedule, 12-09, Allowance, Credit Loss [Member] | ||||
Balance at beginning of period | [1] | $ 8,339 | $ 22,377 | $ 0 |
Charged to expenses | [1] | 0 | 0 | 22,377 |
Adjustments to valuation accounts | [1] | 0 | 0 | 0 |
Deductions | [1] | (1,357) | (14,038) | 0 |
Balance at end of period | [1] | 6,982 | 8,339 | 22,377 |
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member] | ||||
Balance at beginning of period | 4,067 | 36,957 | 42,703 | |
Charged to expenses | 0 | 0 | 0 | |
Adjustments to valuation accounts | (4,067) | (32,890) | (5,746) | |
Deductions | 0 | 0 | 0 | |
Balance at end of period | $ 0 | $ 4,067 | $ 36,957 | |
[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 Millions | Dec. 31, 2022 USD ($) |
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Federal Income Tax Basis | $ 17 |
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, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
INITIAL COST LAND | $ 4,157,793 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 11,688,092 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,611,357 | |||
LAND | 4,124,542 | ||||
BUILDING AND IMPROVEMENTS | 14,332,700 | ||||
TOTAL | 18,457,242 | $ 18,052,271 | $ 12,068,827 | $ 11,929,276 | |
ACCUMULATED DEPRECIATION | 3,417,414 | $ 3,010,699 | $ 2,717,114 | $ 2,500,053 | |
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,039,828 | ||||
ENCUMBRANCES | [2] | 376,917 | |||
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] | 733 | |||
LAND | 38,735 | ||||
BUILDING AND IMPROVEMENTS | 95,636 | ||||
TOTAL | 134,371 | ||||
ACCUMULATED DEPRECIATION | 20,295 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 114,076 | ||||
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] | 131 | |||
LAND | 11,909 | ||||
BUILDING AND IMPROVEMENTS | 33,242 | ||||
TOTAL | 45,151 | ||||
ACCUMULATED DEPRECIATION | 2,195 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,956 | ||||
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] | 236 | |||
LAND | 5,228 | ||||
BUILDING AND IMPROVEMENTS | 37,050 | ||||
TOTAL | 42,278 | ||||
ACCUMULATED DEPRECIATION | 3,165 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,113 | ||||
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] | 290 | |||
LAND | 3,731 | ||||
BUILDING AND IMPROVEMENTS | 24,613 | ||||
TOTAL | 28,344 | ||||
ACCUMULATED DEPRECIATION | 6,121 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,223 | ||||
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] | 40 | |||
LAND | 2,279 | ||||
BUILDING AND IMPROVEMENTS | 5,325 | ||||
TOTAL | 7,604 | ||||
ACCUMULATED DEPRECIATION | 1,559 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,045 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 14,854 | |||
LAND | 29,485 | ||||
BUILDING AND IMPROVEMENTS | 80,653 | ||||
TOTAL | 110,138 | ||||
ACCUMULATED DEPRECIATION | 37,158 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 72,980 | ||||
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 | 529 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 597 | ||||
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] | 1,495 | |||
LAND | 57,588 | ||||
BUILDING AND IMPROVEMENTS | 104,326 | ||||
TOTAL | 161,914 | ||||
ACCUMULATED DEPRECIATION | 22,366 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 139,548 | ||||
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] | 144 | |||
LAND | 705 | ||||
BUILDING AND IMPROVEMENTS | 4,975 | ||||
TOTAL | 5,680 | ||||
ACCUMULATED DEPRECIATION | 374 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,306 | ||||
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] | 1,360 | |||
LAND | 3,937 | ||||
BUILDING AND IMPROVEMENTS | 36,463 | ||||
TOTAL | 40,400 | ||||
ACCUMULATED DEPRECIATION | 1,235 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,165 | ||||
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 | [3] | 9 | |||
LAND | 850 | ||||
BUILDING AND IMPROVEMENTS | 1,221 | ||||
TOTAL | 2,071 | ||||
ACCUMULATED DEPRECIATION | 191 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,880 | ||||
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] | 32 | |||
LAND | 12,769 | ||||
BUILDING AND IMPROVEMENTS | 48,800 | ||||
TOTAL | 61,569 | ||||
ACCUMULATED DEPRECIATION | 2,687 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 58,882 | ||||
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] | 335 | |||
LAND | 161 | ||||
BUILDING AND IMPROVEMENTS | 982 | ||||
TOTAL | 1,143 | ||||
ACCUMULATED DEPRECIATION | 745 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 398 | ||||
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] | 5,751 | |||
LAND | 1,656 | ||||
BUILDING AND IMPROVEMENTS | 9,145 | ||||
TOTAL | 10,801 | ||||
ACCUMULATED DEPRECIATION | 2,018 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,783 | ||||
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] | (82) | |||
LAND | 593 | ||||
BUILDING AND IMPROVEMENTS | 5,406 | ||||
TOTAL | 5,999 | ||||
ACCUMULATED DEPRECIATION | 399 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,600 | ||||
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] | 527 | |||
LAND | 1,035 | ||||
BUILDING AND IMPROVEMENTS | 8,313 | ||||
TOTAL | 9,348 | ||||
ACCUMULATED DEPRECIATION | 2,231 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,117 | ||||
ENCUMBRANCES | [2] | 477 | |||
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] | 5,278 | |||
LAND | 22,711 | ||||
BUILDING AND IMPROVEMENTS | 112,290 | ||||
TOTAL | 135,001 | ||||
ACCUMULATED DEPRECIATION | 27,158 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 107,843 | ||||
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] | 1,302 | |||
LAND | 691 | ||||
BUILDING AND IMPROVEMENTS | 4,271 | ||||
TOTAL | 4,962 | ||||
ACCUMULATED DEPRECIATION | 3,133 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,829 | ||||
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] | (7) | |||
LAND | 269 | ||||
BUILDING AND IMPROVEMENTS | 1,724 | ||||
TOTAL | 1,993 | ||||
ACCUMULATED DEPRECIATION | 127 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,866 | ||||
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] | 54 | |||
LAND | 15,012 | ||||
BUILDING AND IMPROVEMENTS | 155,693 | ||||
TOTAL | 170,705 | ||||
ACCUMULATED DEPRECIATION | 3,646 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 167,059 | ||||
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 | [3] | 956 | |||
LAND | 2,427 | ||||
BUILDING AND IMPROVEMENTS | 7,395 | ||||
TOTAL | 9,822 | ||||
ACCUMULATED DEPRECIATION | 2,772 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,050 | ||||
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] | 721 | |||
LAND | 43,012 | ||||
BUILDING AND IMPROVEMENTS | 85,836 | ||||
TOTAL | 128,848 | ||||
ACCUMULATED DEPRECIATION | 6,964 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 121,884 | ||||
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] | 6,437 | |||
LAND | 1,501 | ||||
BUILDING AND IMPROVEMENTS | 12,617 | ||||
TOTAL | 14,118 | ||||
ACCUMULATED DEPRECIATION | 5,041 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,077 | ||||
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] | 26 | |||
LAND | 13,280 | ||||
BUILDING AND IMPROVEMENTS | 37,777 | ||||
TOTAL | 51,057 | ||||
ACCUMULATED DEPRECIATION | 2,288 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,769 | ||||
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] | 53 | |||
LAND | 4,441 | ||||
BUILDING AND IMPROVEMENTS | 38,649 | ||||
TOTAL | 43,090 | ||||
ACCUMULATED DEPRECIATION | 2,729 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 40,361 | ||||
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] | 2,533 | |||
LAND | 3,613 | ||||
BUILDING AND IMPROVEMENTS | 36,878 | ||||
TOTAL | 40,491 | ||||
ACCUMULATED DEPRECIATION | 7,682 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,809 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Brennan Station [Member] | |||||
INITIAL COST LAND | 7,750 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,557 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 258 | |||
LAND | 6,322 | ||||
BUILDING AND IMPROVEMENTS | 22,243 | ||||
TOTAL | 28,565 | ||||
ACCUMULATED DEPRECIATION | 7,671 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,894 | ||||
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] | 1,836 | |||
LAND | 1,272 | ||||
BUILDING AND IMPROVEMENTS | 5,020 | ||||
TOTAL | 6,292 | ||||
ACCUMULATED DEPRECIATION | 2,713 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,579 | ||||
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] | 2,562 | |||
LAND | 6,070 | ||||
BUILDING AND IMPROVEMENTS | 37,533 | ||||
TOTAL | 43,603 | ||||
ACCUMULATED DEPRECIATION | 7,626 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,977 | ||||
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 | 94 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,162 | ||||
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] | 565 | |||
LAND | 3,904 | ||||
BUILDING AND IMPROVEMENTS | 11,968 | ||||
TOTAL | 15,872 | ||||
ACCUMULATED DEPRECIATION | 2,362 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,510 | ||||
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 | [3] | 0 | |||
LAND | 1,104 | ||||
BUILDING AND IMPROVEMENTS | 4,574 | ||||
TOTAL | 5,678 | ||||
ACCUMULATED DEPRECIATION | 533 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,145 | ||||
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 | 195 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,580 | ||||
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] | 457 | |||
LAND | 7,807 | ||||
BUILDING AND IMPROVEMENTS | 33,163 | ||||
TOTAL | 40,970 | ||||
ACCUMULATED DEPRECIATION | 1,909 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,061 | ||||
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] | (398) | |||
LAND | 734 | ||||
BUILDING AND IMPROVEMENTS | 1,738 | ||||
TOTAL | 2,472 | ||||
ACCUMULATED DEPRECIATION | 12 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,460 | ||||
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] | 4,419 | |||
LAND | 18,161 | ||||
BUILDING AND IMPROVEMENTS | 37,415 | ||||
TOTAL | 55,576 | ||||
ACCUMULATED DEPRECIATION | 24,952 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,624 | ||||
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 | 5,673 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,947 | ||||
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 | 452 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,646 | ||||
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] | 1,397 | |||
LAND | 3,630 | ||||
BUILDING AND IMPROVEMENTS | 6,172 | ||||
TOTAL | 9,802 | ||||
ACCUMULATED DEPRECIATION | 2,557 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,245 | ||||
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] | 14,409 | |||
LAND | 976 | ||||
BUILDING AND IMPROVEMENTS | 17,377 | ||||
TOTAL | 18,353 | ||||
ACCUMULATED DEPRECIATION | 11,677 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,676 | ||||
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] | 0 | |||
LAND | 500 | ||||
BUILDING AND IMPROVEMENTS | 2,831 | ||||
TOTAL | 3,331 | ||||
ACCUMULATED DEPRECIATION | 1,900 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,431 | ||||
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 | 956 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,959 | ||||
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 | [3] | 511 | |||
LAND | 3,518 | ||||
BUILDING AND IMPROVEMENTS | 10,813 | ||||
TOTAL | 14,331 | ||||
ACCUMULATED DEPRECIATION | 919 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,412 | ||||
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] | 4,722 | |||
LAND | 2,924 | ||||
BUILDING AND IMPROVEMENTS | 16,428 | ||||
TOTAL | 19,352 | ||||
ACCUMULATED DEPRECIATION | 8,335 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,017 | ||||
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] | 5,171 | |||
LAND | 34,228 | ||||
BUILDING AND IMPROVEMENTS | 78,936 | ||||
TOTAL | 113,164 | ||||
ACCUMULATED DEPRECIATION | 6,381 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 106,783 | ||||
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] | 1,020 | |||
LAND | 806 | ||||
BUILDING AND IMPROVEMENTS | 4,253 | ||||
TOTAL | 5,059 | ||||
ACCUMULATED DEPRECIATION | 2,549 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,510 | ||||
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] | 4,331 | |||
LAND | 5,220 | ||||
BUILDING AND IMPROVEMENTS | 21,215 | ||||
TOTAL | 26,435 | ||||
ACCUMULATED DEPRECIATION | 12,503 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,932 | ||||
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] | (63) | |||
LAND | 2,600 | ||||
BUILDING AND IMPROVEMENTS | 13,295 | ||||
TOTAL | 15,895 | ||||
ACCUMULATED DEPRECIATION | 1,273 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,622 | ||||
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 | 5,993 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,777 | ||||
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] | 16 | |||
LAND | 3,528 | ||||
BUILDING AND IMPROVEMENTS | 12,175 | ||||
TOTAL | 15,703 | ||||
ACCUMULATED DEPRECIATION | 1,267 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,436 | ||||
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] | 42,184 | |||
LAND | 1,858 | ||||
BUILDING AND IMPROVEMENTS | 45,245 | ||||
TOTAL | 47,103 | ||||
ACCUMULATED DEPRECIATION | 26,390 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,713 | ||||
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] | 773 | |||
LAND | 5,608 | ||||
BUILDING AND IMPROVEMENTS | 25,868 | ||||
TOTAL | 31,476 | ||||
ACCUMULATED DEPRECIATION | 8,604 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,872 | ||||
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] | 17 | |||
LAND | 4,590 | ||||
BUILDING AND IMPROVEMENTS | 21,385 | ||||
TOTAL | 25,975 | ||||
ACCUMULATED DEPRECIATION | 2,050 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,925 | ||||
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] | 787 | |||
LAND | 53,285 | ||||
BUILDING AND IMPROVEMENTS | 104,963 | ||||
TOTAL | 158,248 | ||||
ACCUMULATED DEPRECIATION | 27,893 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 130,355 | ||||
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 | [3] | 798 | |||
LAND | 6,237 | ||||
BUILDING AND IMPROVEMENTS | 30,027 | ||||
TOTAL | 36,264 | ||||
ACCUMULATED DEPRECIATION | 2,742 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,522 | ||||
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] | 2,154 | |||
LAND | 4,678 | ||||
BUILDING AND IMPROVEMENTS | 14,067 | ||||
TOTAL | 18,745 | ||||
ACCUMULATED DEPRECIATION | 5,997 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,748 | ||||
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] | 4,084 | |||
LAND | 3,313 | ||||
BUILDING AND IMPROVEMENTS | 24,154 | ||||
TOTAL | 27,467 | ||||
ACCUMULATED DEPRECIATION | 6,742 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,725 | ||||
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] | 7,385 | |||
LAND | 294 | ||||
BUILDING AND IMPROVEMENTS | 8,177 | ||||
TOTAL | 8,471 | ||||
ACCUMULATED DEPRECIATION | 2,796 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,675 | ||||
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] | 418 | |||
LAND | 2,238 | ||||
BUILDING AND IMPROVEMENTS | 28,997 | ||||
TOTAL | 31,235 | ||||
ACCUMULATED DEPRECIATION | 1,849 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,386 | ||||
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] | 916 | |||
LAND | 6,322 | ||||
BUILDING AND IMPROVEMENTS | 28,912 | ||||
TOTAL | 35,234 | ||||
ACCUMULATED DEPRECIATION | 5,933 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,301 | ||||
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] | 7,432 | |||
LAND | 541 | ||||
BUILDING AND IMPROVEMENTS | 8,152 | ||||
TOTAL | 8,693 | ||||
ACCUMULATED DEPRECIATION | 4,489 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,204 | ||||
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] | 2,240 | |||
LAND | 12,562 | ||||
BUILDING AND IMPROVEMENTS | 39,526 | ||||
TOTAL | 52,088 | ||||
ACCUMULATED DEPRECIATION | 995 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 51,093 | ||||
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] | 3 | |||
LAND | 20,401 | ||||
BUILDING AND IMPROVEMENTS | 22,602 | ||||
TOTAL | 43,003 | ||||
ACCUMULATED DEPRECIATION | 961 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,042 | ||||
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] | 649 | |||
LAND | 15,580 | ||||
BUILDING AND IMPROVEMENTS | 55,979 | ||||
TOTAL | 71,559 | ||||
ACCUMULATED DEPRECIATION | 13,595 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 57,964 | ||||
Shopping Center [Member] | Gordon Plaza [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,331 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 5,593 | |||
LAND | 5,573 | ||||
BUILDING AND IMPROVEMENTS | 3,351 | ||||
TOTAL | 8,924 | ||||
ACCUMULATED DEPRECIATION | 650 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,274 | ||||
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 | [3] | 414 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 13,452 | ||||
TOTAL | 13,452 | ||||
ACCUMULATED DEPRECIATION | 1,147 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,305 | ||||
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] | 4,205 | |||
LAND | 22,300 | ||||
BUILDING AND IMPROVEMENTS | 23,756 | ||||
TOTAL | 46,056 | ||||
ACCUMULATED DEPRECIATION | 6,417 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,639 | ||||
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] | 2,783 | |||
LAND | 1,527 | ||||
BUILDING AND IMPROVEMENTS | 8,907 | ||||
TOTAL | 10,434 | ||||
ACCUMULATED DEPRECIATION | 5,174 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,260 | ||||
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 | 465 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,319 | ||||
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] | 1,625 | |||
LAND | 9,060 | ||||
BUILDING AND IMPROVEMENTS | 31,134 | ||||
TOTAL | 40,194 | ||||
ACCUMULATED DEPRECIATION | 9,812 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,382 | ||||
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] | 1,626 | |||
LAND | 20,124 | ||||
BUILDING AND IMPROVEMENTS | 35,971 | ||||
TOTAL | 56,095 | ||||
ACCUMULATED DEPRECIATION | 8,701 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,394 | ||||
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] | 1,270 | |||
LAND | 768 | ||||
BUILDING AND IMPROVEMENTS | 4,369 | ||||
TOTAL | 5,137 | ||||
ACCUMULATED DEPRECIATION | 2,594 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,543 | ||||
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 | 261 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,347 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Frankford Avenue 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 | 1,977 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,683 | ||||
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] | 134 | |||
LAND | 9,441 | ||||
BUILDING AND IMPROVEMENTS | 44,294 | ||||
TOTAL | 53,735 | ||||
ACCUMULATED DEPRECIATION | 3,645 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,090 | ||||
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] | 326 | |||
LAND | 23,409 | ||||
BUILDING AND IMPROVEMENTS | 93,999 | ||||
TOTAL | 117,408 | ||||
ACCUMULATED DEPRECIATION | 4,573 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 112,835 | ||||
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 | [3] | 16,234 | |||
LAND | 76,639 | ||||
BUILDING AND IMPROVEMENTS | 64,430 | ||||
TOTAL | 141,069 | ||||
ACCUMULATED DEPRECIATION | 19,295 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 121,774 | ||||
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] | 1,226 | |||
LAND | 14,050 | ||||
BUILDING AND IMPROVEMENTS | 20,997 | ||||
TOTAL | 35,047 | ||||
ACCUMULATED DEPRECIATION | 1,620 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,427 | ||||
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] | 1,263 | |||
LAND | 3,515 | ||||
BUILDING AND IMPROVEMENTS | 13,019 | ||||
TOTAL | 16,534 | ||||
ACCUMULATED DEPRECIATION | 4,264 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,270 | ||||
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] | 5,648 | |||
LAND | 25,516 | ||||
BUILDING AND IMPROVEMENTS | 60,252 | ||||
TOTAL | 85,768 | ||||
ACCUMULATED DEPRECIATION | 5,701 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,067 | ||||
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] | 1,998 | |||
LAND | 4,890 | ||||
BUILDING AND IMPROVEMENTS | 23,538 | ||||
TOTAL | 28,428 | ||||
ACCUMULATED DEPRECIATION | 9,634 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,794 | ||||
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] | 10,776 | |||
LAND | 14,238 | ||||
BUILDING AND IMPROVEMENTS | 17,520 | ||||
TOTAL | 31,758 | ||||
ACCUMULATED DEPRECIATION | 3,675 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,083 | ||||
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] | 1,965 | |||
LAND | 13,406 | ||||
BUILDING AND IMPROVEMENTS | 88,421 | ||||
TOTAL | 101,827 | ||||
ACCUMULATED DEPRECIATION | 22,025 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 79,802 | ||||
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 | 5,365 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,138 | ||||
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] | 11,736 | |||
LAND | 3,003 | ||||
BUILDING AND IMPROVEMENTS | 15,851 | ||||
TOTAL | 18,854 | ||||
ACCUMULATED DEPRECIATION | 9,653 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,201 | ||||
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] | 15 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 2,993 | ||||
TOTAL | 2,993 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,993 | ||||
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] | (14,427) | |||
LAND | 3,053 | ||||
BUILDING AND IMPROVEMENTS | 28,590 | ||||
TOTAL | 31,643 | ||||
ACCUMULATED DEPRECIATION | 8,406 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,237 | ||||
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 | [3] | 1,269 | |||
LAND | 3,277 | ||||
BUILDING AND IMPROVEMENTS | 9,010 | ||||
TOTAL | 12,287 | ||||
ACCUMULATED DEPRECIATION | 3,645 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,642 | ||||
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] | 1,490 | |||
LAND | 41,258 | ||||
BUILDING AND IMPROVEMENTS | 3,505 | ||||
TOTAL | 44,763 | ||||
ACCUMULATED DEPRECIATION | 1,168 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,595 | ||||
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] | 1,002 | |||
LAND | 5,337 | ||||
BUILDING AND IMPROVEMENTS | 25,380 | ||||
TOTAL | 30,717 | ||||
ACCUMULATED DEPRECIATION | 6,745 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,972 | ||||
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] | 923 | |||
LAND | 2,412 | ||||
BUILDING AND IMPROVEMENTS | 21,431 | ||||
TOTAL | 23,843 | ||||
ACCUMULATED DEPRECIATION | 4,864 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,979 | ||||
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] | 2,485 | |||
LAND | 16,142 | ||||
BUILDING AND IMPROVEMENTS | 45,408 | ||||
TOTAL | 61,550 | ||||
ACCUMULATED DEPRECIATION | 10,045 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 51,505 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Gaithersburg S.C. [Member] | |||||
INITIAL COST LAND | 245 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,788 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,046 | |||
LAND | 245 | ||||
BUILDING AND IMPROVEMENTS | 8,834 | ||||
TOTAL | 9,079 | ||||
ACCUMULATED DEPRECIATION | 5,095 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,984 | ||||
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] | 655 | |||
LAND | 2,979 | ||||
BUILDING AND IMPROVEMENTS | 13,515 | ||||
TOTAL | 16,494 | ||||
ACCUMULATED DEPRECIATION | 4,003 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,491 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Elmsford Center 1 [Member] | |||||
INITIAL COST LAND | 4,134 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,193 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 4,134 | ||||
BUILDING AND IMPROVEMENTS | 1,193 | ||||
TOTAL | 5,327 | ||||
ACCUMULATED DEPRECIATION | 332 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,995 | ||||
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] | 160 | |||
LAND | 3,813 | ||||
BUILDING AND IMPROVEMENTS | 18,349 | ||||
TOTAL | 22,162 | ||||
ACCUMULATED DEPRECIATION | 3,866 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,296 | ||||
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 | 393 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,119 | ||||
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] | 3,828 | |||
LAND | 27,370 | ||||
BUILDING AND IMPROVEMENTS | 52,279 | ||||
TOTAL | 79,649 | ||||
ACCUMULATED DEPRECIATION | 19,497 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 60,152 | ||||
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 | [3] | (36) | |||
LAND | 6,465 | ||||
BUILDING AND IMPROVEMENTS | 21,989 | ||||
TOTAL | 28,454 | ||||
ACCUMULATED DEPRECIATION | 1,764 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,690 | ||||
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] | 85 | |||
LAND | 10,981 | ||||
BUILDING AND IMPROVEMENTS | 10,787 | ||||
TOTAL | 21,768 | ||||
ACCUMULATED DEPRECIATION | 979 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,789 | ||||
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] | 290 | |||
LAND | 3,271 | ||||
BUILDING AND IMPROVEMENTS | 32,975 | ||||
TOTAL | 36,246 | ||||
ACCUMULATED DEPRECIATION | 1,982 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,264 | ||||
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] | 4,218 | |||
LAND | 710 | ||||
BUILDING AND IMPROVEMENTS | 7,061 | ||||
TOTAL | 7,771 | ||||
ACCUMULATED DEPRECIATION | 4,821 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,950 | ||||
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] | (132) | |||
LAND | 5,418 | ||||
BUILDING AND IMPROVEMENTS | 67,390 | ||||
TOTAL | 72,808 | ||||
ACCUMULATED DEPRECIATION | 4,557 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 68,251 | ||||
ENCUMBRANCES | [2] | 26,809 | |||
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] | 1,148 | |||
LAND | 8,891 | ||||
BUILDING AND IMPROVEMENTS | 31,453 | ||||
TOTAL | 40,344 | ||||
ACCUMULATED DEPRECIATION | 7,389 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,955 | ||||
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] | 42 | |||
LAND | 4,049 | ||||
BUILDING AND IMPROVEMENTS | 27,457 | ||||
TOTAL | 31,506 | ||||
ACCUMULATED DEPRECIATION | 1,642 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,864 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Elmsford Center 2 [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 | 5,366 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,427 | ||||
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] | 75,807 | |||
LAND | 10,533 | ||||
BUILDING AND IMPROVEMENTS | 155,753 | ||||
TOTAL | 166,286 | ||||
ACCUMULATED DEPRECIATION | 13,886 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 152,400 | ||||
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] | 50 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 17,333 | ||||
TOTAL | 17,333 | ||||
ACCUMULATED DEPRECIATION | 1,812 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,521 | ||||
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] | 4,023 | |||
LAND | 26,893 | ||||
BUILDING AND IMPROVEMENTS | 90,473 | ||||
TOTAL | 117,366 | ||||
ACCUMULATED DEPRECIATION | 20,469 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 96,897 | ||||
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 | [3] | 5 | |||
LAND | 5,700 | ||||
BUILDING AND IMPROVEMENTS | 11,049 | ||||
TOTAL | 16,749 | ||||
ACCUMULATED DEPRECIATION | 1,021 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,728 | ||||
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] | (5,393) | |||
LAND | 7,905 | ||||
BUILDING AND IMPROVEMENTS | 27,213 | ||||
TOTAL | 35,118 | ||||
ACCUMULATED DEPRECIATION | 12,086 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,032 | ||||
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] | 5,704 | |||
LAND | 9,783 | ||||
BUILDING AND IMPROVEMENTS | 26,484 | ||||
TOTAL | 36,267 | ||||
ACCUMULATED DEPRECIATION | 7,626 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,641 | ||||
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] | 304 | |||
LAND | 7,225 | ||||
BUILDING AND IMPROVEMENTS | 11,061 | ||||
TOTAL | 18,286 | ||||
ACCUMULATED DEPRECIATION | 2,843 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,443 | ||||
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] | 27 | |||
LAND | 3,388 | ||||
BUILDING AND IMPROVEMENTS | 19,014 | ||||
TOTAL | 22,402 | ||||
ACCUMULATED DEPRECIATION | 3,948 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,454 | ||||
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] | 1,952 | |||
LAND | 8,429 | ||||
BUILDING AND IMPROVEMENTS | 20,326 | ||||
TOTAL | 28,755 | ||||
ACCUMULATED DEPRECIATION | 4,662 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,093 | ||||
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] | 91 | |||
LAND | 3,604 | ||||
BUILDING AND IMPROVEMENTS | 11,041 | ||||
TOTAL | 14,645 | ||||
ACCUMULATED DEPRECIATION | 1,030 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,615 | ||||
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 | 688 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,715 | ||||
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] | 4,436 | |||
LAND | 774 | ||||
BUILDING AND IMPROVEMENTS | 7,013 | ||||
TOTAL | 7,787 | ||||
ACCUMULATED DEPRECIATION | 5,548 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,239 | ||||
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] | 12,134 | |||
LAND | 6,928 | ||||
BUILDING AND IMPROVEMENTS | 39,874 | ||||
TOTAL | 46,802 | ||||
ACCUMULATED DEPRECIATION | 22,034 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,768 | ||||
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] | 830 | |||
LAND | 6,043 | ||||
BUILDING AND IMPROVEMENTS | 56,264 | ||||
TOTAL | 62,307 | ||||
ACCUMULATED DEPRECIATION | 2,060 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 60,247 | ||||
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 | [3] | 52 | |||
LAND | 4,794 | ||||
BUILDING AND IMPROVEMENTS | 20,425 | ||||
TOTAL | 25,219 | ||||
ACCUMULATED DEPRECIATION | 1,191 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,028 | ||||
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] | 147 | |||
LAND | 17,702 | ||||
BUILDING AND IMPROVEMENTS | 72,676 | ||||
TOTAL | 90,378 | ||||
ACCUMULATED DEPRECIATION | 5,165 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 85,213 | ||||
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] | 2,933 | |||
LAND | 8,934 | ||||
BUILDING AND IMPROVEMENTS | 15,428 | ||||
TOTAL | 24,362 | ||||
ACCUMULATED DEPRECIATION | 4,426 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,936 | ||||
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] | 1,000 | |||
LAND | 11,116 | ||||
BUILDING AND IMPROVEMENTS | 42,581 | ||||
TOTAL | 53,697 | ||||
ACCUMULATED DEPRECIATION | 3,607 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,090 | ||||
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] | (115) | |||
LAND | 4,536 | ||||
BUILDING AND IMPROVEMENTS | 46,939 | ||||
TOTAL | 51,475 | ||||
ACCUMULATED DEPRECIATION | 2,723 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,752 | ||||
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] | 1,172 | |||
LAND | 7,184 | ||||
BUILDING AND IMPROVEMENTS | 28,120 | ||||
TOTAL | 35,304 | ||||
ACCUMULATED DEPRECIATION | 5,583 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,721 | ||||
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] | 67 | |||
LAND | 3,743 | ||||
BUILDING AND IMPROVEMENTS | 16,875 | ||||
TOTAL | 20,618 | ||||
ACCUMULATED DEPRECIATION | 1,067 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,551 | ||||
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 | 5,055 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,029 | ||||
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] | 18,402 | |||
LAND | 1,050 | ||||
BUILDING AND IMPROVEMENTS | 20,775 | ||||
TOTAL | 21,825 | ||||
ACCUMULATED DEPRECIATION | 2,664 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,161 | ||||
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] | 0 | |||
LAND | 1,479 | ||||
BUILDING AND IMPROVEMENTS | 10,458 | ||||
TOTAL | 11,937 | ||||
ACCUMULATED DEPRECIATION | 357 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,580 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Madera Village [Member] | |||||
INITIAL COST LAND | 3,980 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,110 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [3] | 57 | |||
LAND | 3,980 | ||||
BUILDING AND IMPROVEMENTS | 8,167 | ||||
TOTAL | 12,147 | ||||
ACCUMULATED DEPRECIATION | 805 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,342 | ||||
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] | (442) | |||
LAND | 13,909 | ||||
BUILDING AND IMPROVEMENTS | 24,661 | ||||
TOTAL | 38,570 | ||||
ACCUMULATED DEPRECIATION | 6,426 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,144 | ||||
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] | 2,715 | |||
LAND | 1,148 | ||||
BUILDING AND IMPROVEMENTS | 7,323 | ||||
TOTAL | 8,471 | ||||
ACCUMULATED DEPRECIATION | 4,625 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,846 | ||||
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] | 1,000 | |||
LAND | 3,312 | ||||
BUILDING AND IMPROVEMENTS | 15,533 | ||||
TOTAL | 18,845 | ||||
ACCUMULATED DEPRECIATION | 7,778 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,067 | ||||
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] | 19 | |||
LAND | 6,270 | ||||
BUILDING AND IMPROVEMENTS | 45,357 | ||||
TOTAL | 51,627 | ||||
ACCUMULATED DEPRECIATION | 3,076 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,551 | ||||
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 | 528 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,137 | ||||
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] | 656 | |||
LAND | 2,144 | ||||
BUILDING AND IMPROVEMENTS | 12,679 | ||||
TOTAL | 14,823 | ||||
ACCUMULATED DEPRECIATION | 3,723 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,100 | ||||
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] | 3,785 | |||
LAND | 1,079 | ||||
BUILDING AND IMPROVEMENTS | 6,302 | ||||
TOTAL | 7,381 | ||||
ACCUMULATED DEPRECIATION | 2,508 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,873 | ||||
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 | 627 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,528 | ||||
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] | 144 | |||
LAND | 4,046 | ||||
BUILDING AND IMPROVEMENTS | 12,968 | ||||
TOTAL | 17,014 | ||||
ACCUMULATED DEPRECIATION | 478 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,536 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 235 | |||
LAND | 15,892 | ||||
BUILDING AND IMPROVEMENTS | 65,517 | ||||
TOTAL | 81,409 | ||||
ACCUMULATED DEPRECIATION | 3,729 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 77,680 | ||||
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 | [3] | 204 | |||
LAND | 4,090 | ||||
BUILDING AND IMPROVEMENTS | 18,547 | ||||
TOTAL | 22,637 | ||||
ACCUMULATED DEPRECIATION | 1,483 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,154 | ||||
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] | 12,796 | |||
LAND | 13,361 | ||||
BUILDING AND IMPROVEMENTS | 66,169 | ||||
TOTAL | 79,530 | ||||
ACCUMULATED DEPRECIATION | 41,900 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,630 | ||||
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] | 243 | |||
LAND | 12,331 | ||||
BUILDING AND IMPROVEMENTS | 31,579 | ||||
TOTAL | 43,910 | ||||
ACCUMULATED DEPRECIATION | 4,156 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,754 | ||||
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] | 34,980 | |||
LAND | 26,094 | ||||
BUILDING AND IMPROVEMENTS | 113,999 | ||||
TOTAL | 140,093 | ||||
ACCUMULATED DEPRECIATION | 9,997 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 130,096 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Thompson Bridge Commons [Member] | |||||
INITIAL COST LAND | 414 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,576 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 414 | ||||
BUILDING AND IMPROVEMENTS | 1,576 | ||||
TOTAL | 1,990 | ||||
ACCUMULATED DEPRECIATION | 66 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,924 | ||||
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] | 790 | |||
LAND | 10,417 | ||||
BUILDING AND IMPROVEMENTS | 18,679 | ||||
TOTAL | 29,096 | ||||
ACCUMULATED DEPRECIATION | 4,923 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,173 | ||||
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] | 30 | |||
LAND | 5,693 | ||||
BUILDING AND IMPROVEMENTS | 37,083 | ||||
TOTAL | 42,776 | ||||
ACCUMULATED DEPRECIATION | 2,327 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 40,449 | ||||
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] | 0 | |||
LAND | 4,019 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 4,019 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,019 | ||||
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] | (2,084) | |||
LAND | 6,172 | ||||
BUILDING AND IMPROVEMENTS | 16,808 | ||||
TOTAL | 22,980 | ||||
ACCUMULATED DEPRECIATION | 4,266 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,714 | ||||
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] | (1,688) | |||
LAND | 10,842 | ||||
BUILDING AND IMPROVEMENTS | 57,096 | ||||
TOTAL | 67,938 | ||||
ACCUMULATED DEPRECIATION | 12,928 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 55,010 | ||||
Shopping Center [Member] | Auburn North [Member] | |||||
INITIAL COST LAND | 7,786 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 18,158 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 11,907 | |||
LAND | 7,786 | ||||
BUILDING AND IMPROVEMENTS | 30,065 | ||||
TOTAL | 37,851 | ||||
ACCUMULATED DEPRECIATION | 10,635 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,216 | ||||
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 | [3] | 142,787 | |||
LAND | 308 | ||||
BUILDING AND IMPROVEMENTS | 157,479 | ||||
TOTAL | 157,787 | ||||
ACCUMULATED DEPRECIATION | 74,754 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 83,033 | ||||
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] | 601 | |||
LAND | 4,996 | ||||
BUILDING AND IMPROVEMENTS | 20,584 | ||||
TOTAL | 25,580 | ||||
ACCUMULATED DEPRECIATION | 13,175 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,405 | ||||
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 | 321 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,165 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Dania Pointe Phase II [Member] | |||||
INITIAL COST LAND | [4] | 0 | |||
INITIAL COST BUILDING AND IMPROVEMENTS | [4] | 0 | |||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1],[4] | 263,235 | |||
LAND | [4] | 26,550 | |||
BUILDING AND IMPROVEMENTS | [4] | 236,685 | |||
TOTAL | [4] | 263,235 | |||
ACCUMULATED DEPRECIATION | [4] | 13,344 | |||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | [4] | 249,891 | |||
ENCUMBRANCES | [2],[4] | 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 | 1,382 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,121 | ||||
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] | 19,621 | |||
LAND | 20,167 | ||||
BUILDING AND IMPROVEMENTS | 104,236 | ||||
TOTAL | 124,403 | ||||
ACCUMULATED DEPRECIATION | 16,761 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 107,642 | ||||
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] | 360 | |||
LAND | 11,447 | ||||
BUILDING AND IMPROVEMENTS | 31,531 | ||||
TOTAL | 42,978 | ||||
ACCUMULATED DEPRECIATION | 14,473 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,505 | ||||
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] | 8,111 | |||
LAND | 3,148 | ||||
BUILDING AND IMPROVEMENTS | 19,715 | ||||
TOTAL | 22,863 | ||||
ACCUMULATED DEPRECIATION | 11,302 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,561 | ||||
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] | 13,698 | |||
LAND | 920 | ||||
BUILDING AND IMPROVEMENTS | 18,680 | ||||
TOTAL | 19,600 | ||||
ACCUMULATED DEPRECIATION | 12,682 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,918 | ||||
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] | 1,255 | |||
LAND | 7,828 | ||||
BUILDING AND IMPROVEMENTS | 36,119 | ||||
TOTAL | 43,947 | ||||
ACCUMULATED DEPRECIATION | 8,617 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,330 | ||||
Shopping Center [Member] | Covington Esplanade [Member] | |||||
INITIAL COST LAND | 6,009 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 47,941 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 59 | |||
LAND | 6,009 | ||||
BUILDING AND IMPROVEMENTS | 48,000 | ||||
TOTAL | 54,009 | ||||
ACCUMULATED DEPRECIATION | 2,200 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 51,809 | ||||
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 | [3] | 2,634 | |||
LAND | 4,101 | ||||
BUILDING AND IMPROVEMENTS | 19,045 | ||||
TOTAL | 23,146 | ||||
ACCUMULATED DEPRECIATION | 11,692 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,454 | ||||
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] | 914 | |||
LAND | 5,154 | ||||
BUILDING AND IMPROVEMENTS | 11,194 | ||||
TOTAL | 16,348 | ||||
ACCUMULATED DEPRECIATION | 2,049 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,299 | ||||
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 | 697 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,387 | ||||
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] | 873 | |||
LAND | 6,565 | ||||
BUILDING AND IMPROVEMENTS | 18,977 | ||||
TOTAL | 25,542 | ||||
ACCUMULATED DEPRECIATION | 1,146 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,396 | ||||
ENCUMBRANCES | [2] | 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] | 3,297 | |||
LAND | 6,784 | ||||
BUILDING AND IMPROVEMENTS | 36,331 | ||||
TOTAL | 43,115 | ||||
ACCUMULATED DEPRECIATION | 12,958 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,157 | ||||
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] | 1,537 | |||
LAND | 9,308 | ||||
BUILDING AND IMPROVEMENTS | 33,297 | ||||
TOTAL | 42,605 | ||||
ACCUMULATED DEPRECIATION | 8,760 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,845 | ||||
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] | 1 | |||
LAND | 2,696 | ||||
BUILDING AND IMPROVEMENTS | 9,398 | ||||
TOTAL | 12,094 | ||||
ACCUMULATED DEPRECIATION | 787 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,307 | ||||
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] | 3,431 | |||
LAND | 1,495 | ||||
BUILDING AND IMPROVEMENTS | 9,410 | ||||
TOTAL | 10,905 | ||||
ACCUMULATED DEPRECIATION | 8,530 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,375 | ||||
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] | 83,062 | |||
LAND | 71,280 | ||||
BUILDING AND IMPROVEMENTS | 248,813 | ||||
TOTAL | 320,093 | ||||
ACCUMULATED DEPRECIATION | 72,766 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 247,327 | ||||
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] | 1,456 | |||
LAND | 13,848 | ||||
BUILDING AND IMPROVEMENTS | 85,640 | ||||
TOTAL | 99,488 | ||||
ACCUMULATED DEPRECIATION | 19,371 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,117 | ||||
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] | 8,019 | |||
LAND | 5,419 | ||||
BUILDING AND IMPROVEMENTS | 20,008 | ||||
TOTAL | 25,427 | ||||
ACCUMULATED DEPRECIATION | 5,052 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,375 | ||||
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 | [3] | 2 | |||
LAND | 4,064 | ||||
BUILDING AND IMPROVEMENTS | 8,346 | ||||
TOTAL | 12,410 | ||||
ACCUMULATED DEPRECIATION | 673 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,737 | ||||
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] | 112 | |||
LAND | 7,526 | ||||
BUILDING AND IMPROVEMENTS | 24,990 | ||||
TOTAL | 32,516 | ||||
ACCUMULATED DEPRECIATION | 5,920 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,596 | ||||
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] | 791 | |||
LAND | 2,011 | ||||
BUILDING AND IMPROVEMENTS | 9,152 | ||||
TOTAL | 11,163 | ||||
ACCUMULATED DEPRECIATION | 2,506 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,657 | ||||
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] | 7,065 | |||
LAND | 26,725 | ||||
BUILDING AND IMPROVEMENTS | 87,240 | ||||
TOTAL | 113,965 | ||||
ACCUMULATED DEPRECIATION | 32,380 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 81,585 | ||||
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] | 1,682 | |||
LAND | 10,172 | ||||
BUILDING AND IMPROVEMENTS | 30,124 | ||||
TOTAL | 40,296 | ||||
ACCUMULATED DEPRECIATION | 6,612 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,684 | ||||
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] | 6,687 | |||
LAND | 1,571 | ||||
BUILDING AND IMPROVEMENTS | 6,864 | ||||
TOTAL | 8,435 | ||||
ACCUMULATED DEPRECIATION | 3,222 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,213 | ||||
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] | 4,925 | |||
LAND | 5,470 | ||||
BUILDING AND IMPROVEMENTS | 21,079 | ||||
TOTAL | 26,549 | ||||
ACCUMULATED DEPRECIATION | 10,001 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,548 | ||||
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] | 2,628 | |||
LAND | 3,543 | ||||
BUILDING AND IMPROVEMENTS | 10,894 | ||||
TOTAL | 14,437 | ||||
ACCUMULATED DEPRECIATION | 5,105 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,332 | ||||
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 | 1,977 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,683 | ||||
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] | 2,411 | |||
LAND | 2,252 | ||||
BUILDING AND IMPROVEMENTS | 6,193 | ||||
TOTAL | 8,445 | ||||
ACCUMULATED DEPRECIATION | 1,908 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,537 | ||||
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] | 2,768 | |||
LAND | 10,751 | ||||
BUILDING AND IMPROVEMENTS | 47,629 | ||||
TOTAL | 58,380 | ||||
ACCUMULATED DEPRECIATION | 10,992 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,388 | ||||
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 | [3] | 15,053 | |||
LAND | 4,796 | ||||
BUILDING AND IMPROVEMENTS | 35,320 | ||||
TOTAL | 40,116 | ||||
ACCUMULATED DEPRECIATION | 8,277 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 31,839 | ||||
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] | 27,695 | |||
LAND | 19,886 | ||||
BUILDING AND IMPROVEMENTS | 74,230 | ||||
TOTAL | 94,116 | ||||
ACCUMULATED DEPRECIATION | 26,513 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 67,603 | ||||
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] | 20,340 | |||
LAND | 3,018 | ||||
BUILDING AND IMPROVEMENTS | 28,402 | ||||
TOTAL | 31,420 | ||||
ACCUMULATED DEPRECIATION | 8,771 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,649 | ||||
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] | 16,845 | |||
LAND | 1,774 | ||||
BUILDING AND IMPROVEMENTS | 18,676 | ||||
TOTAL | 20,450 | ||||
ACCUMULATED DEPRECIATION | 12,434 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,016 | ||||
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 | 5,198 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,872 | ||||
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 | 1,259 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 291 | ||||
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] | 23,741 | |||
LAND | 5,209 | ||||
BUILDING AND IMPROVEMENTS | 44,627 | ||||
TOTAL | 49,836 | ||||
ACCUMULATED DEPRECIATION | 25,613 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,223 | ||||
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] | 230 | |||
LAND | 16,132 | ||||
BUILDING AND IMPROVEMENTS | 31,191 | ||||
TOTAL | 47,323 | ||||
ACCUMULATED DEPRECIATION | 9,853 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,470 | ||||
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] | 954 | |||
LAND | 6,136 | ||||
BUILDING AND IMPROVEMENTS | 16,551 | ||||
TOTAL | 22,687 | ||||
ACCUMULATED DEPRECIATION | 6,573 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,114 | ||||
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] | 1,221 | |||
LAND | 8,644 | ||||
BUILDING AND IMPROVEMENTS | 41,742 | ||||
TOTAL | 50,386 | ||||
ACCUMULATED DEPRECIATION | 8,198 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,188 | ||||
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] | 9,478 | |||
LAND | 6,938 | ||||
BUILDING AND IMPROVEMENTS | 20,748 | ||||
TOTAL | 27,686 | ||||
ACCUMULATED DEPRECIATION | 3,646 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,040 | ||||
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 | [3] | 2,452 | |||
LAND | 2,450 | ||||
BUILDING AND IMPROVEMENTS | 12,254 | ||||
TOTAL | 14,704 | ||||
ACCUMULATED DEPRECIATION | 8,103 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,601 | ||||
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] | 4,244 | |||
LAND | 7,372 | ||||
BUILDING AND IMPROVEMENTS | 41,836 | ||||
TOTAL | 49,208 | ||||
ACCUMULATED DEPRECIATION | 2,425 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,783 | ||||
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] | 84 | |||
LAND | 1,212 | ||||
BUILDING AND IMPROVEMENTS | 4,695 | ||||
TOTAL | 5,907 | ||||
ACCUMULATED DEPRECIATION | 1,623 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,284 | ||||
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] | 4,004 | |||
LAND | 14,259 | ||||
BUILDING AND IMPROVEMENTS | 32,046 | ||||
TOTAL | 46,305 | ||||
ACCUMULATED DEPRECIATION | 13,485 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,820 | ||||
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] | 21,327 | |||
LAND | 1,641 | ||||
BUILDING AND IMPROVEMENTS | 21,992 | ||||
TOTAL | 23,633 | ||||
ACCUMULATED DEPRECIATION | 5,543 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,090 | ||||
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] | 65,635 | |||
LAND | 16,076 | ||||
BUILDING AND IMPROVEMENTS | 70,880 | ||||
TOTAL | 86,956 | ||||
ACCUMULATED DEPRECIATION | 4,275 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 82,681 | ||||
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] | 2,288 | |||
LAND | 7,318 | ||||
BUILDING AND IMPROVEMENTS | 28,964 | ||||
TOTAL | 36,282 | ||||
ACCUMULATED DEPRECIATION | 6,719 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,563 | ||||
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] | 3,734 | |||
LAND | 12,368 | ||||
BUILDING AND IMPROVEMENTS | 36,805 | ||||
TOTAL | 49,173 | ||||
ACCUMULATED DEPRECIATION | 15,032 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,141 | ||||
ENCUMBRANCES | [2] | 2,219 | |||
Shopping Center [Member] | Wexford Plaza [Member] | |||||
INITIAL COST LAND | 6,414 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 9,775 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 13,159 | |||
LAND | 6,299 | ||||
BUILDING AND IMPROVEMENTS | 23,049 | ||||
TOTAL | 29,348 | ||||
ACCUMULATED DEPRECIATION | 7,228 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,120 | ||||
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 | 1,852 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,006 | ||||
Shopping Center [Member] | Silverdale Plaza [Member] | |||||
INITIAL COST LAND | 3,875 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 33,109 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 667 | |||
LAND | 3,756 | ||||
BUILDING AND IMPROVEMENTS | 33,895 | ||||
TOTAL | 37,651 | ||||
ACCUMULATED DEPRECIATION | 9,606 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,045 | ||||
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 | [3] | 1,791 | |||
LAND | 4,578 | ||||
BUILDING AND IMPROVEMENTS | 23,808 | ||||
TOTAL | 28,386 | ||||
ACCUMULATED DEPRECIATION | 11,542 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,844 | ||||
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] | 81 | |||
LAND | 8,933 | ||||
BUILDING AND IMPROVEMENTS | 18,703 | ||||
TOTAL | 27,636 | ||||
ACCUMULATED DEPRECIATION | 1,672 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,964 | ||||
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] | 6,414 | |||
LAND | 14,226 | ||||
BUILDING AND IMPROVEMENTS | 46,746 | ||||
TOTAL | 60,972 | ||||
ACCUMULATED DEPRECIATION | 12,255 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,717 | ||||
ENCUMBRANCES | [2] | 18,317 | |||
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] | 413 | |||
LAND | 5,846 | ||||
BUILDING AND IMPROVEMENTS | 21,630 | ||||
TOTAL | 27,476 | ||||
ACCUMULATED DEPRECIATION | 6,308 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,168 | ||||
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] | 238 | |||
LAND | 5,627 | ||||
BUILDING AND IMPROVEMENTS | 27,028 | ||||
TOTAL | 32,655 | ||||
ACCUMULATED DEPRECIATION | 2,579 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,076 | ||||
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] | (3,643) | |||
LAND | 14,738 | ||||
BUILDING AND IMPROVEMENTS | 6,088 | ||||
TOTAL | 20,826 | ||||
ACCUMULATED DEPRECIATION | 1,851 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,975 | ||||
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] | 205 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 78,571 | ||||
TOTAL | 78,571 | ||||
ACCUMULATED DEPRECIATION | 5,518 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 73,053 | ||||
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 | 526 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,100 | ||||
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 | 3,508 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,688 | ||||
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] | 563 | |||
LAND | 1,244 | ||||
BUILDING AND IMPROVEMENTS | 145,929 | ||||
TOTAL | 147,173 | ||||
ACCUMULATED DEPRECIATION | 4,636 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 142,537 | ||||
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] | 12,631 | |||
LAND | 60,502 | ||||
BUILDING AND IMPROVEMENTS | 105,327 | ||||
TOTAL | 165,829 | ||||
ACCUMULATED DEPRECIATION | 29,161 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 136,668 | ||||
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 | [3] | 31 | |||
LAND | 7,734 | ||||
BUILDING AND IMPROVEMENTS | 27,094 | ||||
TOTAL | 34,828 | ||||
ACCUMULATED DEPRECIATION | 2,020 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,808 | ||||
ENCUMBRANCES | [2] | 12,218 | |||
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] | 16,707 | |||
LAND | 6,280 | ||||
BUILDING AND IMPROVEMENTS | 20,314 | ||||
TOTAL | 26,594 | ||||
ACCUMULATED DEPRECIATION | 6,197 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,397 | ||||
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] | 3,971 | |||
LAND | 7,705 | ||||
BUILDING AND IMPROVEMENTS | 34,769 | ||||
TOTAL | 42,474 | ||||
ACCUMULATED DEPRECIATION | 20,797 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,677 | ||||
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 | 1,680 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 528 | ||||
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] | 224 | |||
LAND | 2,089 | ||||
BUILDING AND IMPROVEMENTS | 3,451 | ||||
TOTAL | 5,540 | ||||
ACCUMULATED DEPRECIATION | 924 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,616 | ||||
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] | 21,743 | |||
LAND | 21,849 | ||||
BUILDING AND IMPROVEMENTS | 61,283 | ||||
TOTAL | 83,132 | ||||
ACCUMULATED DEPRECIATION | 2,979 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,153 | ||||
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] | (173) | |||
LAND | 3,848 | ||||
BUILDING AND IMPROVEMENTS | 37,727 | ||||
TOTAL | 41,575 | ||||
ACCUMULATED DEPRECIATION | 1,990 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,585 | ||||
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 | 1,179 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,228 | ||||
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 | 2,036 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,683 | ||||
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] | 45 | |||
LAND | 6,766 | ||||
BUILDING AND IMPROVEMENTS | 7,379 | ||||
TOTAL | 14,145 | ||||
ACCUMULATED DEPRECIATION | 697 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,448 | ||||
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] | 80 | |||
LAND | 15,799 | ||||
BUILDING AND IMPROVEMENTS | 23,588 | ||||
TOTAL | 39,387 | ||||
ACCUMULATED DEPRECIATION | 1,458 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,929 | ||||
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 | [3] | (20) | |||
LAND | 7,720 | ||||
BUILDING AND IMPROVEMENTS | 30,723 | ||||
TOTAL | 38,443 | ||||
ACCUMULATED DEPRECIATION | 2,023 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,420 | ||||
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] | 14,682 | |||
LAND | 8,759 | ||||
BUILDING AND IMPROVEMENTS | 18,758 | ||||
TOTAL | 27,517 | ||||
ACCUMULATED DEPRECIATION | 3,435 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,082 | ||||
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] | 422 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 16,057 | ||||
TOTAL | 16,057 | ||||
ACCUMULATED DEPRECIATION | 3,524 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,533 | ||||
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] | 11,511 | |||
LAND | 721 | ||||
BUILDING AND IMPROVEMENTS | 15,603 | ||||
TOTAL | 16,324 | ||||
ACCUMULATED DEPRECIATION | 10,993 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,331 | ||||
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 | 219 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,609 | ||||
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] | 1,213 | |||
LAND | 4,192 | ||||
BUILDING AND IMPROVEMENTS | 12,325 | ||||
TOTAL | 16,517 | ||||
ACCUMULATED DEPRECIATION | 4,095 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,422 | ||||
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] | 9,573 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 14,309 | ||||
TOTAL | 14,309 | ||||
ACCUMULATED DEPRECIATION | 10,950 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,359 | ||||
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 | 1,873 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,419 | ||||
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 | 1,632 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,195 | ||||
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] | 284 | |||
LAND | 15,185 | ||||
BUILDING AND IMPROVEMENTS | 33,181 | ||||
TOTAL | 48,366 | ||||
ACCUMULATED DEPRECIATION | 2,975 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,391 | ||||
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 | [3] | 217 | |||
LAND | 4,653 | ||||
BUILDING AND IMPROVEMENTS | 10,627 | ||||
TOTAL | 15,280 | ||||
ACCUMULATED DEPRECIATION | 1,204 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,076 | ||||
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] | 73 | |||
LAND | 18,372 | ||||
BUILDING AND IMPROVEMENTS | 65,924 | ||||
TOTAL | 84,296 | ||||
ACCUMULATED DEPRECIATION | 4,589 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 79,707 | ||||
ENCUMBRANCES | [2] | 23,944 | |||
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] | 20,007 | |||
LAND | 7,585 | ||||
BUILDING AND IMPROVEMENTS | 41,576 | ||||
TOTAL | 49,161 | ||||
ACCUMULATED DEPRECIATION | 22,138 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,023 | ||||
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] | (516) | |||
LAND | 15,362 | ||||
BUILDING AND IMPROVEMENTS | 31,109 | ||||
TOTAL | 46,471 | ||||
ACCUMULATED DEPRECIATION | 11,135 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,336 | ||||
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] | 1,785 | |||
LAND | 2,361 | ||||
BUILDING AND IMPROVEMENTS | 14,851 | ||||
TOTAL | 17,212 | ||||
ACCUMULATED DEPRECIATION | 3,454 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,758 | ||||
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] | (67) | |||
LAND | 12,043 | ||||
BUILDING AND IMPROVEMENTS | 21,121 | ||||
TOTAL | 33,164 | ||||
ACCUMULATED DEPRECIATION | 5,743 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,421 | ||||
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] | 3,338 | |||
LAND | 919 | ||||
BUILDING AND IMPROVEMENTS | 6,909 | ||||
TOTAL | 7,828 | ||||
ACCUMULATED DEPRECIATION | 4,873 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,955 | ||||
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] | 2,283 | |||
LAND | 2,744 | ||||
BUILDING AND IMPROVEMENTS | 9,094 | ||||
TOTAL | 11,838 | ||||
ACCUMULATED DEPRECIATION | 4,526 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,312 | ||||
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 | 8,434 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,061 | ||||
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] | 3,248 | |||
LAND | 1,661 | ||||
BUILDING AND IMPROVEMENTS | 31,536 | ||||
TOTAL | 33,197 | ||||
ACCUMULATED DEPRECIATION | 2,075 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 31,122 | ||||
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 | [3] | 1,080 | |||
LAND | 8,191 | ||||
BUILDING AND IMPROVEMENTS | 37,808 | ||||
TOTAL | 45,999 | ||||
ACCUMULATED DEPRECIATION | 2,440 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,559 | ||||
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] | (68) | |||
LAND | 10,976 | ||||
BUILDING AND IMPROVEMENTS | 27,653 | ||||
TOTAL | 38,629 | ||||
ACCUMULATED DEPRECIATION | 2,649 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,980 | ||||
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] | 1,789 | |||
LAND | 10,169 | ||||
BUILDING AND IMPROVEMENTS | 33,682 | ||||
TOTAL | 43,851 | ||||
ACCUMULATED DEPRECIATION | 9,818 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,033 | ||||
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] | 70 | |||
LAND | 23,571 | ||||
BUILDING AND IMPROVEMENTS | 63,674 | ||||
TOTAL | 87,245 | ||||
ACCUMULATED DEPRECIATION | 5,362 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 81,883 | ||||
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] | 1,283 | |||
LAND | 5,300 | ||||
BUILDING AND IMPROVEMENTS | 12,297 | ||||
TOTAL | 17,597 | ||||
ACCUMULATED DEPRECIATION | 3,016 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,581 | ||||
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] | 1,186 | |||
LAND | 16,825 | ||||
BUILDING AND IMPROVEMENTS | 24,468 | ||||
TOTAL | 41,293 | ||||
ACCUMULATED DEPRECIATION | 6,717 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,576 | ||||
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] | 2,138 | |||
LAND | 2,011 | ||||
BUILDING AND IMPROVEMENTS | 7,972 | ||||
TOTAL | 9,983 | ||||
ACCUMULATED DEPRECIATION | 2,592 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,391 | ||||
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] | 1,801 | |||
LAND | 11,610 | ||||
BUILDING AND IMPROVEMENTS | 4,734 | ||||
TOTAL | 16,344 | ||||
ACCUMULATED DEPRECIATION | 1,373 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,971 | ||||
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 | 8,458 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,430 | ||||
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] | 4,694 | |||
LAND | 1,375 | ||||
BUILDING AND IMPROVEMENTS | 32,838 | ||||
TOTAL | 34,213 | ||||
ACCUMULATED DEPRECIATION | 8,624 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,589 | ||||
Shopping Center [Member] | Scottsdale Waterfront [Member] | |||||
INITIAL COST LAND | 15,872 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,112 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [3] | (199) | |||
LAND | 15,872 | ||||
BUILDING AND IMPROVEMENTS | 29,913 | ||||
TOTAL | 45,785 | ||||
ACCUMULATED DEPRECIATION | 2,232 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,553 | ||||
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] | (566) | |||
LAND | 5,346 | ||||
BUILDING AND IMPROVEMENTS | 6,622 | ||||
TOTAL | 11,968 | ||||
ACCUMULATED DEPRECIATION | 649 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,319 | ||||
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] | 864 | |||
LAND | 7,155 | ||||
BUILDING AND IMPROVEMENTS | 28,373 | ||||
TOTAL | 35,528 | ||||
ACCUMULATED DEPRECIATION | 7,908 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,620 | ||||
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] | 2,019 | |||
LAND | 1,649 | ||||
BUILDING AND IMPROVEMENTS | 8,645 | ||||
TOTAL | 10,294 | ||||
ACCUMULATED DEPRECIATION | 5,330 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,964 | ||||
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] | 2,588 | |||
LAND | 15,038 | ||||
BUILDING AND IMPROVEMENTS | 43,271 | ||||
TOTAL | 58,309 | ||||
ACCUMULATED DEPRECIATION | 11,861 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,448 | ||||
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] | (97) | |||
LAND | 4,466 | ||||
BUILDING AND IMPROVEMENTS | 20,125 | ||||
TOTAL | 24,591 | ||||
ACCUMULATED DEPRECIATION | 13,763 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,828 | ||||
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] | 24,283 | |||
LAND | 3,149 | ||||
BUILDING AND IMPROVEMENTS | 34,439 | ||||
TOTAL | 37,588 | ||||
ACCUMULATED DEPRECIATION | 17,634 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,954 | ||||
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] | 6,172 | |||
LAND | 3,277 | ||||
BUILDING AND IMPROVEMENTS | 19,333 | ||||
TOTAL | 22,610 | ||||
ACCUMULATED DEPRECIATION | 10,296 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,314 | ||||
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] | 809 | |||
LAND | 13,613 | ||||
BUILDING AND IMPROVEMENTS | 26,134 | ||||
TOTAL | 39,747 | ||||
ACCUMULATED DEPRECIATION | 13,930 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,817 | ||||
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] | 1,153 | |||
LAND | 4,143 | ||||
BUILDING AND IMPROVEMENTS | 13,170 | ||||
TOTAL | 17,313 | ||||
ACCUMULATED DEPRECIATION | 2,318 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,995 | ||||
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 | [3] | 45 | |||
LAND | 3,445 | ||||
BUILDING AND IMPROVEMENTS | 2,919 | ||||
TOTAL | 6,364 | ||||
ACCUMULATED DEPRECIATION | 354 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,010 | ||||
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] | 2 | |||
LAND | 4,592 | ||||
BUILDING AND IMPROVEMENTS | 18,347 | ||||
TOTAL | 22,939 | ||||
ACCUMULATED DEPRECIATION | 11,727 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,212 | ||||
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] | (770) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 35,287 | ||||
TOTAL | 35,287 | ||||
ACCUMULATED DEPRECIATION | 8,912 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,375 | ||||
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] | 1,306 | |||
LAND | 1,515 | ||||
BUILDING AND IMPROVEMENTS | 10,273 | ||||
TOTAL | 11,788 | ||||
ACCUMULATED DEPRECIATION | 2,400 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,388 | ||||
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] | 438 | |||
LAND | 4,699 | ||||
BUILDING AND IMPROVEMENTS | 7,579 | ||||
TOTAL | 12,278 | ||||
ACCUMULATED DEPRECIATION | 2,111 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,167 | ||||
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] | (1,413) | |||
LAND | 7,298 | ||||
BUILDING AND IMPROVEMENTS | 21,426 | ||||
TOTAL | 28,724 | ||||
ACCUMULATED DEPRECIATION | 4,058 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,666 | ||||
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] | 7,589 | |||
LAND | 11,683 | ||||
BUILDING AND IMPROVEMENTS | 49,297 | ||||
TOTAL | 60,980 | ||||
ACCUMULATED DEPRECIATION | 11,449 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 49,531 | ||||
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] | 16,432 | |||
LAND | 264 | ||||
BUILDING AND IMPROVEMENTS | 17,016 | ||||
TOTAL | 17,280 | ||||
ACCUMULATED DEPRECIATION | 8,057 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,223 | ||||
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] | 1,256 | |||
LAND | 15,142 | ||||
BUILDING AND IMPROVEMENTS | 31,689 | ||||
TOTAL | 46,831 | ||||
ACCUMULATED DEPRECIATION | 16,923 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,908 | ||||
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] | 39,393 | |||
LAND | 12,298 | ||||
BUILDING AND IMPROVEMENTS | 40,531 | ||||
TOTAL | 52,829 | ||||
ACCUMULATED DEPRECIATION | 5,477 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,352 | ||||
Shopping Center [Member] | Squaw Peak Plaza [Member] | |||||
INITIAL COST LAND | 2,515 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 17,021 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [3] | 88 | |||
LAND | 2,515 | ||||
BUILDING AND IMPROVEMENTS | 17,109 | ||||
TOTAL | 19,624 | ||||
ACCUMULATED DEPRECIATION | 1,492 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,132 | ||||
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] | (865) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 10,911 | ||||
TOTAL | 10,911 | ||||
ACCUMULATED DEPRECIATION | 4,908 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,003 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Camden Square [Member] | |||||
INITIAL COST LAND | 123 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 67 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,756 | |||
LAND | 3,024 | ||||
BUILDING AND IMPROVEMENTS | 1,922 | ||||
TOTAL | 4,946 | ||||
ACCUMULATED DEPRECIATION | 310 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,636 | ||||
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] | 10,982 | |||
LAND | 2,581 | ||||
BUILDING AND IMPROVEMENTS | 21,348 | ||||
TOTAL | 23,929 | ||||
ACCUMULATED DEPRECIATION | 12,337 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,592 | ||||
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] | 607 | |||
LAND | 4,628 | ||||
BUILDING AND IMPROVEMENTS | 4,142 | ||||
TOTAL | 8,770 | ||||
ACCUMULATED DEPRECIATION | 1,742 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,028 | ||||
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 | 2,526 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,116 | ||||
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 | 807 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,309 | ||||
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] | 33,401 | |||
LAND | 3,472 | ||||
BUILDING AND IMPROVEMENTS | 53,662 | ||||
TOTAL | 57,134 | ||||
ACCUMULATED DEPRECIATION | 32,885 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,249 | ||||
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] | 1,822 | |||
LAND | 2,607 | ||||
BUILDING AND IMPROVEMENTS | 7,669 | ||||
TOTAL | 10,276 | ||||
ACCUMULATED DEPRECIATION | 4,724 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,552 | ||||
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] | 66,208 | |||
LAND | 21,937 | ||||
BUILDING AND IMPROVEMENTS | 69,635 | ||||
TOTAL | 91,572 | ||||
ACCUMULATED DEPRECIATION | 9,253 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 82,319 | ||||
Shopping Center [Member] | Village Crossroads [Member] | |||||
INITIAL COST LAND | 5,663 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,981 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [3] | 1,413 | |||
LAND | 5,663 | ||||
BUILDING AND IMPROVEMENTS | 26,394 | ||||
TOTAL | 32,057 | ||||
ACCUMULATED DEPRECIATION | 8,382 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,675 | ||||
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] | (291) | |||
LAND | 6,889 | ||||
BUILDING AND IMPROVEMENTS | 36,897 | ||||
TOTAL | 43,786 | ||||
ACCUMULATED DEPRECIATION | 22,863 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,923 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Promenade at Christiana [Member] | |||||
INITIAL COST LAND | 14,372 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 6,422 | |||
LAND | 8,340 | ||||
BUILDING AND IMPROVEMENTS | 12,454 | ||||
TOTAL | 20,794 | ||||
ACCUMULATED DEPRECIATION | 960 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,834 | ||||
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] | 5,283 | |||
LAND | 7,698 | ||||
BUILDING AND IMPROVEMENTS | 25,999 | ||||
TOTAL | 33,697 | ||||
ACCUMULATED DEPRECIATION | 11,064 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,633 | ||||
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 | 700 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,962 | ||||
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] | 391 | |||
LAND | 2,525 | ||||
BUILDING AND IMPROVEMENTS | 15,254 | ||||
TOTAL | 17,779 | ||||
ACCUMULATED DEPRECIATION | 3,559 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,220 | ||||
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] | 245 | |||
LAND | 2,163 | ||||
BUILDING AND IMPROVEMENTS | 6,756 | ||||
TOTAL | 8,919 | ||||
ACCUMULATED DEPRECIATION | 1,668 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,251 | ||||
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] | 6,722 | |||
LAND | 12,360 | ||||
BUILDING AND IMPROVEMENTS | 37,430 | ||||
TOTAL | 49,790 | ||||
ACCUMULATED DEPRECIATION | 17,423 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 32,367 | ||||
ENCUMBRANCES | [2] | 11,994 | |||
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 | 5,419 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,506 | ||||
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 | 251 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,150 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 12,766 | |||
LAND | 16,362 | ||||
BUILDING AND IMPROVEMENTS | 28,674 | ||||
TOTAL | 45,036 | ||||
ACCUMULATED DEPRECIATION | 8,089 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,947 | ||||
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] | 4,721 | |||
LAND | 1,138 | ||||
BUILDING AND IMPROVEMENTS | 9,273 | ||||
TOTAL | 10,411 | ||||
ACCUMULATED DEPRECIATION | 6,448 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,963 | ||||
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 | 6,321 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 38,977 | ||||
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] | 14,197 | |||
LAND | 7,311 | ||||
BUILDING AND IMPROVEMENTS | 37,169 | ||||
TOTAL | 44,480 | ||||
ACCUMULATED DEPRECIATION | 19,940 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,540 | ||||
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] | 2,051 | |||
LAND | 5,145 | ||||
BUILDING AND IMPROVEMENTS | 10,679 | ||||
TOTAL | 15,824 | ||||
ACCUMULATED DEPRECIATION | 4,034 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,790 | ||||
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 | 2,577 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,160 | ||||
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] | 3,687 | |||
LAND | 19,408 | ||||
BUILDING AND IMPROVEMENTS | 62,871 | ||||
TOTAL | 82,279 | ||||
ACCUMULATED DEPRECIATION | 28,901 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 53,378 | ||||
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] | 29 | |||
LAND | 5,423 | ||||
BUILDING AND IMPROVEMENTS | 10,169 | ||||
TOTAL | 15,592 | ||||
ACCUMULATED DEPRECIATION | 845 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,747 | ||||
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] | (1,005) | |||
LAND | 5,607 | ||||
BUILDING AND IMPROVEMENTS | 12,277 | ||||
TOTAL | 17,884 | ||||
ACCUMULATED DEPRECIATION | 7,005 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,879 | ||||
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] | 217 | |||
LAND | 6,726 | ||||
BUILDING AND IMPROVEMENTS | 10,878 | ||||
TOTAL | 17,604 | ||||
ACCUMULATED DEPRECIATION | 2,664 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,940 | ||||
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] | 1,060 | |||
LAND | 4,195 | ||||
BUILDING AND IMPROVEMENTS | 7,263 | ||||
TOTAL | 11,458 | ||||
ACCUMULATED DEPRECIATION | 1,718 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,740 | ||||
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] | 6,803 | |||
LAND | 43,271 | ||||
BUILDING AND IMPROVEMENTS | 109,184 | ||||
TOTAL | 152,455 | ||||
ACCUMULATED DEPRECIATION | 31,249 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 121,206 | ||||
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 | 1,493 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,693 | ||||
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] | (34) | |||
LAND | 7,500 | ||||
BUILDING AND IMPROVEMENTS | 447 | ||||
TOTAL | 7,947 | ||||
ACCUMULATED DEPRECIATION | 66 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,881 | ||||
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] | 845 | |||
LAND | 6,026 | ||||
BUILDING AND IMPROVEMENTS | 17,265 | ||||
TOTAL | 23,291 | ||||
ACCUMULATED DEPRECIATION | 7,916 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,375 | ||||
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] | 64 | |||
LAND | 4,836 | ||||
BUILDING AND IMPROVEMENTS | 53,628 | ||||
TOTAL | 58,464 | ||||
ACCUMULATED DEPRECIATION | 3,252 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 55,212 | ||||
ENCUMBRANCES | [2] | 9,702 | |||
Shopping Center [Member] | Lakewood Plaza [Member] | |||||
INITIAL COST LAND | 1,294 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 3,669 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (3,574) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 1,389 | ||||
TOTAL | 1,389 | ||||
ACCUMULATED DEPRECIATION | 847 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 542 | ||||
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] | 8,818 | |||
LAND | 5,067 | ||||
BUILDING AND IMPROVEMENTS | 20,650 | ||||
TOTAL | 25,717 | ||||
ACCUMULATED DEPRECIATION | 8,853 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,864 | ||||
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] | 2,753 | |||
LAND | 4,097 | ||||
BUILDING AND IMPROVEMENTS | 6,504 | ||||
TOTAL | 10,601 | ||||
ACCUMULATED DEPRECIATION | 631 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,970 | ||||
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] | 20,514 | |||
LAND | 4,829 | ||||
BUILDING AND IMPROVEMENTS | 18,881 | ||||
TOTAL | 23,710 | ||||
ACCUMULATED DEPRECIATION | 4,109 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,601 | ||||
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 | 783 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,569 | ||||
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] | 487 | |||
LAND | 4,150 | ||||
BUILDING AND IMPROVEMENTS | 8,008 | ||||
TOTAL | 12,158 | ||||
ACCUMULATED DEPRECIATION | 3,019 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,139 | ||||
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 | 18,026 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,672 | ||||
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] | 11 | |||
LAND | 2,482 | ||||
BUILDING AND IMPROVEMENTS | 21,429 | ||||
TOTAL | 23,911 | ||||
ACCUMULATED DEPRECIATION | 1,775 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,136 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Lakewood Village [Member] | |||||
INITIAL COST LAND | 8,597 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 24,375 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (221) | |||
LAND | 11,683 | ||||
BUILDING AND IMPROVEMENTS | 21,068 | ||||
TOTAL | 32,751 | ||||
ACCUMULATED DEPRECIATION | 6,373 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,378 | ||||
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] | 5,170 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 6,924 | ||||
TOTAL | 6,924 | ||||
ACCUMULATED DEPRECIATION | 4,562 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,362 | ||||
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] | 172 | |||
LAND | 1,164 | ||||
BUILDING AND IMPROVEMENTS | 1,367 | ||||
TOTAL | 2,531 | ||||
ACCUMULATED DEPRECIATION | 471 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,060 | ||||
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] | 26,763 | |||
LAND | 2,577 | ||||
BUILDING AND IMPROVEMENTS | 31,524 | ||||
TOTAL | 34,101 | ||||
ACCUMULATED DEPRECIATION | 12,882 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,219 | ||||
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 | 327 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,510 | ||||
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] | (1,787) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 4,483 | ||||
TOTAL | 4,483 | ||||
ACCUMULATED DEPRECIATION | 4,328 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 155 | ||||
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] | 5,296 | |||
LAND | 14,903 | ||||
BUILDING AND IMPROVEMENTS | 33,275 | ||||
TOTAL | 48,178 | ||||
ACCUMULATED DEPRECIATION | 21,166 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,012 | ||||
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] | 2,439 | |||
LAND | 520 | ||||
BUILDING AND IMPROVEMENTS | 4,520 | ||||
TOTAL | 5,040 | ||||
ACCUMULATED DEPRECIATION | 2,361 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,679 | ||||
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] | 443 | |||
LAND | 8,229 | ||||
BUILDING AND IMPROVEMENTS | 26,570 | ||||
TOTAL | 34,799 | ||||
ACCUMULATED DEPRECIATION | 7,377 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,422 | ||||
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 | 2,864 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 579 | ||||
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] | 1 | |||
LAND | 3,894 | ||||
BUILDING AND IMPROVEMENTS | 20,394 | ||||
TOTAL | 24,288 | ||||
ACCUMULATED DEPRECIATION | 4,486 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,802 | ||||
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] | 1,956 | |||
LAND | 9,948 | ||||
BUILDING AND IMPROVEMENTS | 24,082 | ||||
TOTAL | 34,030 | ||||
ACCUMULATED DEPRECIATION | 5,399 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,631 | ||||
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] | 9,029 | |||
LAND | 16,538 | ||||
BUILDING AND IMPROVEMENTS | 47,789 | ||||
TOTAL | 64,327 | ||||
ACCUMULATED DEPRECIATION | 21,089 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,238 | ||||
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] | 19 | |||
LAND | 564 | ||||
BUILDING AND IMPROVEMENTS | 2,288 | ||||
TOTAL | 2,852 | ||||
ACCUMULATED DEPRECIATION | 1,153 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,699 | ||||
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] | 8,036 | |||
LAND | 25,678 | ||||
BUILDING AND IMPROVEMENTS | 55,919 | ||||
TOTAL | 81,597 | ||||
ACCUMULATED DEPRECIATION | 35,292 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,305 | ||||
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] | 29,654 | |||
LAND | 6,783 | ||||
BUILDING AND IMPROVEMENTS | 30,768 | ||||
TOTAL | 37,551 | ||||
ACCUMULATED DEPRECIATION | 9,404 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,147 | ||||
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] | 5,068 | |||
LAND | 16,549 | ||||
BUILDING AND IMPROVEMENTS | 42,589 | ||||
TOTAL | 59,138 | ||||
ACCUMULATED DEPRECIATION | 11,953 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 47,185 | ||||
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] | 3,605 | |||
LAND | 6,793 | ||||
BUILDING AND IMPROVEMENTS | 22,268 | ||||
TOTAL | 29,061 | ||||
ACCUMULATED DEPRECIATION | 9,067 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,994 | ||||
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] | 1,264 | |||
LAND | 4,183 | ||||
BUILDING AND IMPROVEMENTS | 13,459 | ||||
TOTAL | 17,642 | ||||
ACCUMULATED DEPRECIATION | 3,822 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,820 | ||||
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] | 590 | |||
LAND | 4,277 | ||||
BUILDING AND IMPROVEMENTS | 37,796 | ||||
TOTAL | 42,073 | ||||
ACCUMULATED DEPRECIATION | 8,219 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,854 | ||||
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] | 994 | |||
LAND | 9,335 | ||||
BUILDING AND IMPROVEMENTS | 24,772 | ||||
TOTAL | 34,107 | ||||
ACCUMULATED DEPRECIATION | 9,728 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,379 | ||||
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] | 4,037 | |||
LAND | 4,414 | ||||
BUILDING AND IMPROVEMENTS | 15,377 | ||||
TOTAL | 19,791 | ||||
ACCUMULATED DEPRECIATION | 6,851 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,940 | ||||
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] | 6,017 | |||
LAND | 12,289 | ||||
BUILDING AND IMPROVEMENTS | 30,228 | ||||
TOTAL | 42,517 | ||||
ACCUMULATED DEPRECIATION | 16,660 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,857 | ||||
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] | 27,927 | |||
LAND | 7,944 | ||||
BUILDING AND IMPROVEMENTS | 28,661 | ||||
TOTAL | 36,605 | ||||
ACCUMULATED DEPRECIATION | 9,023 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 27,582 | ||||
Shopping Center [Member] | Madison Plaza [Member] | |||||
INITIAL COST LAND | 5,874 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 23,476 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 4,943 | |||
LAND | 5,874 | ||||
BUILDING AND IMPROVEMENTS | 28,419 | ||||
TOTAL | 34,293 | ||||
ACCUMULATED DEPRECIATION | 15,722 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,571 | ||||
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] | 2,233 | |||
LAND | 35,301 | ||||
BUILDING AND IMPROVEMENTS | 143,964 | ||||
TOTAL | 179,265 | ||||
ACCUMULATED DEPRECIATION | 26,976 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 152,289 | ||||
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 | 430 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,275 | ||||
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] | 28,443 | |||
LAND | 12,204 | ||||
BUILDING AND IMPROVEMENTS | 34,572 | ||||
TOTAL | 46,776 | ||||
ACCUMULATED DEPRECIATION | 11,775 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,001 | ||||
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] | 21,719 | |||
LAND | 2,280 | ||||
BUILDING AND IMPROVEMENTS | 30,747 | ||||
TOTAL | 33,027 | ||||
ACCUMULATED DEPRECIATION | 17,774 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,253 | ||||
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] | 794 | |||
LAND | 11,242 | ||||
BUILDING AND IMPROVEMENTS | 12,663 | ||||
TOTAL | 23,905 | ||||
ACCUMULATED DEPRECIATION | 10,716 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,189 | ||||
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] | 978 | |||
LAND | 10,739 | ||||
BUILDING AND IMPROVEMENTS | 64,043 | ||||
TOTAL | 74,782 | ||||
ACCUMULATED DEPRECIATION | 16,314 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 58,468 | ||||
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] | 501 | |||
LAND | 20,895 | ||||
BUILDING AND IMPROVEMENTS | 18,745 | ||||
TOTAL | 39,640 | ||||
ACCUMULATED DEPRECIATION | 5,394 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,246 | ||||
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] | (24) | |||
LAND | 11,127 | ||||
BUILDING AND IMPROVEMENTS | 40,568 | ||||
TOTAL | 51,695 | ||||
ACCUMULATED DEPRECIATION | 8,458 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,237 | ||||
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] | 382 | |||
LAND | 5,545 | ||||
BUILDING AND IMPROVEMENTS | 16,706 | ||||
TOTAL | 22,251 | ||||
ACCUMULATED DEPRECIATION | 5,196 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,055 | ||||
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] | 2,217 | |||
LAND | 16,008 | ||||
BUILDING AND IMPROVEMENTS | 34,824 | ||||
TOTAL | 50,832 | ||||
ACCUMULATED DEPRECIATION | 7,768 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 43,064 | ||||
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 | 1,088 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,108 | ||||
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] | 3,143 | |||
LAND | 16,873 | ||||
BUILDING AND IMPROVEMENTS | 23,055 | ||||
TOTAL | 39,928 | ||||
ACCUMULATED DEPRECIATION | 18,109 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,819 | ||||
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] | 35 | |||
LAND | 150 | ||||
BUILDING AND IMPROVEMENTS | 3,386 | ||||
TOTAL | 3,536 | ||||
ACCUMULATED DEPRECIATION | 195 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,341 | ||||
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] | 2,130 | |||
LAND | 9,260 | ||||
BUILDING AND IMPROVEMENTS | 17,730 | ||||
TOTAL | 26,990 | ||||
ACCUMULATED DEPRECIATION | 7,981 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,009 | ||||
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] | (513) | |||
LAND | 30,137 | ||||
BUILDING AND IMPROVEMENTS | 94,161 | ||||
TOTAL | 124,298 | ||||
ACCUMULATED DEPRECIATION | 6,554 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 117,744 | ||||
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] | 10,175 | |||
LAND | 12,958 | ||||
BUILDING AND IMPROVEMENTS | 13,877 | ||||
TOTAL | 26,835 | ||||
ACCUMULATED DEPRECIATION | 4,502 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,333 | ||||
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] | 11,678 | |||
LAND | 10,825 | ||||
BUILDING AND IMPROVEMENTS | 54,979 | ||||
TOTAL | 65,804 | ||||
ACCUMULATED DEPRECIATION | 29,458 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,346 | ||||
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] | 0 | |||
LAND | 3,971 | ||||
BUILDING AND IMPROVEMENTS | 8,654 | ||||
TOTAL | 12,625 | ||||
ACCUMULATED DEPRECIATION | 60 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,565 | ||||
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 | 2,877 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,021 | ||||
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] | 554 | |||
LAND | 7,352 | ||||
BUILDING AND IMPROVEMENTS | 86,359 | ||||
TOTAL | 93,711 | ||||
ACCUMULATED DEPRECIATION | 6,341 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 87,370 | ||||
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] | 0 | |||
LAND | 1,825 | ||||
BUILDING AND IMPROVEMENTS | 4,641 | ||||
TOTAL | 6,466 | ||||
ACCUMULATED DEPRECIATION | 324 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,142 | ||||
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] | 349 | |||
LAND | 26,597 | ||||
BUILDING AND IMPROVEMENTS | 92,437 | ||||
TOTAL | 119,034 | ||||
ACCUMULATED DEPRECIATION | 6,391 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 112,643 | ||||
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] | 3,160 | |||
LAND | 7,381 | ||||
BUILDING AND IMPROVEMENTS | 13,147 | ||||
TOTAL | 20,528 | ||||
ACCUMULATED DEPRECIATION | 3,035 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,493 | ||||
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] | 2,327 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 12,285 | ||||
TOTAL | 12,285 | ||||
ACCUMULATED DEPRECIATION | 4,170 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,115 | ||||
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 | 2,689 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,671 | ||||
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] | 21,942 | |||
LAND | 730 | ||||
BUILDING AND IMPROVEMENTS | 25,074 | ||||
TOTAL | 25,804 | ||||
ACCUMULATED DEPRECIATION | 13,526 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 12,278 | ||||
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] | 377 | |||
LAND | 5,044 | ||||
BUILDING AND IMPROVEMENTS | 35,133 | ||||
TOTAL | 40,177 | ||||
ACCUMULATED DEPRECIATION | 2,913 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,264 | ||||
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] | 1,291 | |||
LAND | 12,900 | ||||
BUILDING AND IMPROVEMENTS | 41,866 | ||||
TOTAL | 54,766 | ||||
ACCUMULATED DEPRECIATION | 17,878 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,888 | ||||
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] | 1,458 | |||
LAND | 10,764 | ||||
BUILDING AND IMPROVEMENTS | 20,722 | ||||
TOTAL | 31,486 | ||||
ACCUMULATED DEPRECIATION | 6,097 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,389 | ||||
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] | 584 | |||
LAND | 1,203 | ||||
BUILDING AND IMPROVEMENTS | 4,219 | ||||
TOTAL | 5,422 | ||||
ACCUMULATED DEPRECIATION | 1,116 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,306 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Marlton Plaza [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 4,319 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 303 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 4,622 | ||||
TOTAL | 4,622 | ||||
ACCUMULATED DEPRECIATION | 2,963 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,659 | ||||
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 | 94 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 39,203 | ||||
ENCUMBRANCES | [2] | 10,608 | |||
Shopping Center [Member] | Westwood Plaza [Member] | |||||
INITIAL COST LAND | 1,744 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 6,986 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 15,235 | |||
LAND | 1,727 | ||||
BUILDING AND IMPROVEMENTS | 22,238 | ||||
TOTAL | 23,965 | ||||
ACCUMULATED DEPRECIATION | 7,224 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 16,741 | ||||
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] | 132 | |||
LAND | 13,395 | ||||
BUILDING AND IMPROVEMENTS | 25,407 | ||||
TOTAL | 38,802 | ||||
ACCUMULATED DEPRECIATION | 1,639 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 37,163 | ||||
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] | 9,208 | |||
LAND | 7,248 | ||||
BUILDING AND IMPROVEMENTS | 21,607 | ||||
TOTAL | 28,855 | ||||
ACCUMULATED DEPRECIATION | 11,283 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,572 | ||||
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] | 348 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 53,884 | ||||
TOTAL | 53,884 | ||||
ACCUMULATED DEPRECIATION | 3,753 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,131 | ||||
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] | 30,103 | |||
LAND | 3,205 | ||||
BUILDING AND IMPROVEMENTS | 42,923 | ||||
TOTAL | 46,128 | ||||
ACCUMULATED DEPRECIATION | 25,150 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 20,978 | ||||
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] | 613 | |||
LAND | 3,437 | ||||
BUILDING AND IMPROVEMENTS | 8,068 | ||||
TOTAL | 11,505 | ||||
ACCUMULATED DEPRECIATION | 3,854 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,651 | ||||
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] | 1,568 | |||
LAND | 3,465 | ||||
BUILDING AND IMPROVEMENTS | 16,714 | ||||
TOTAL | 20,179 | ||||
ACCUMULATED DEPRECIATION | 5,745 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,434 | ||||
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] | 618 | |||
LAND | 2,325 | ||||
BUILDING AND IMPROVEMENTS | 35,112 | ||||
TOTAL | 37,437 | ||||
ACCUMULATED DEPRECIATION | 2,718 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,719 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 792 | |||
LAND | 14,852 | ||||
BUILDING AND IMPROVEMENTS | 21,134 | ||||
TOTAL | 35,986 | ||||
ACCUMULATED DEPRECIATION | 5,146 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,840 | ||||
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] | 2,713 | |||
LAND | 2,782 | ||||
BUILDING AND IMPROVEMENTS | 10,790 | ||||
TOTAL | 13,572 | ||||
ACCUMULATED DEPRECIATION | 2,129 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,443 | ||||
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] | 1,761 | |||
LAND | 3,852 | ||||
BUILDING AND IMPROVEMENTS | 17,172 | ||||
TOTAL | 21,024 | ||||
ACCUMULATED DEPRECIATION | 10,757 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,267 | ||||
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] | 6 | |||
LAND | 18,822 | ||||
BUILDING AND IMPROVEMENTS | 62,676 | ||||
TOTAL | 81,498 | ||||
ACCUMULATED DEPRECIATION | 510 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 80,988 | ||||
ENCUMBRANCES | [2] | 18,729 | |||
Shopping Center [Member] | Highland Square [Member] | |||||
INITIAL COST LAND | 1,302 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 2,130 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 1 | |||
LAND | 1,302 | ||||
BUILDING AND IMPROVEMENTS | 2,131 | ||||
TOTAL | 3,433 | ||||
ACCUMULATED DEPRECIATION | 61 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,372 | ||||
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] | 28,204 | |||
LAND | 12,164 | ||||
BUILDING AND IMPROVEMENTS | 29,592 | ||||
TOTAL | 41,756 | ||||
ACCUMULATED DEPRECIATION | 11,181 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,575 | ||||
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] | 805 | |||
LAND | 12,945 | ||||
BUILDING AND IMPROVEMENTS | 21,129 | ||||
TOTAL | 34,074 | ||||
ACCUMULATED DEPRECIATION | 5,005 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,069 | ||||
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] | 630 | |||
LAND | 10,517 | ||||
BUILDING AND IMPROVEMENTS | 14,986 | ||||
TOTAL | 25,503 | ||||
ACCUMULATED DEPRECIATION | 2,842 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,661 | ||||
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 | 2,665 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,589 | ||||
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] | 6 | |||
LAND | 6,169 | ||||
BUILDING AND IMPROVEMENTS | 13,308 | ||||
TOTAL | 19,477 | ||||
ACCUMULATED DEPRECIATION | 96 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,381 | ||||
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] | (7) | |||
LAND | 1,272 | ||||
BUILDING AND IMPROVEMENTS | 14,819 | ||||
TOTAL | 16,091 | ||||
ACCUMULATED DEPRECIATION | 1,439 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,652 | ||||
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] | 2,892 | |||
LAND | 3,717 | ||||
BUILDING AND IMPROVEMENTS | 24,255 | ||||
TOTAL | 27,972 | ||||
ACCUMULATED DEPRECIATION | 1,588 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 26,384 | ||||
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 | 993 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,071 | ||||
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] | 14,700 | |||
LAND | 9,123 | ||||
BUILDING AND IMPROVEMENTS | 51,222 | ||||
TOTAL | 60,345 | ||||
ACCUMULATED DEPRECIATION | 25,671 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,674 | ||||
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] | 786 | |||
LAND | 20,155 | ||||
BUILDING AND IMPROVEMENTS | 11,848 | ||||
TOTAL | 32,003 | ||||
ACCUMULATED DEPRECIATION | 3,470 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,533 | ||||
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] | 2,345 | |||
LAND | 107 | ||||
BUILDING AND IMPROVEMENTS | 2,421 | ||||
TOTAL | 2,528 | ||||
ACCUMULATED DEPRECIATION | 1,435 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,093 | ||||
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] | 4,602 | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 8,736 | ||||
TOTAL | 8,736 | ||||
ACCUMULATED DEPRECIATION | 6,750 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,986 | ||||
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] | (235) | |||
LAND | 7,568 | ||||
BUILDING AND IMPROVEMENTS | 15,197 | ||||
TOTAL | 22,765 | ||||
ACCUMULATED DEPRECIATION | 712 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,053 | ||||
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] | 5,749 | |||
LAND | 9,483 | ||||
BUILDING AND IMPROVEMENTS | 34,673 | ||||
TOTAL | 44,156 | ||||
ACCUMULATED DEPRECIATION | 1,721 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 42,435 | ||||
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] | 2,598 | |||
LAND | 7,200 | ||||
BUILDING AND IMPROVEMENTS | 33,912 | ||||
TOTAL | 41,112 | ||||
ACCUMULATED DEPRECIATION | 12,921 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,191 | ||||
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 | 2,248 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,612 | ||||
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] | 244,106 | |||
LAND | 28,724 | ||||
BUILDING AND IMPROVEMENTS | 282,338 | ||||
TOTAL | 311,062 | ||||
ACCUMULATED DEPRECIATION | 25,827 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 285,235 | ||||
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] | 2 | |||
LAND | 1,554 | ||||
BUILDING AND IMPROVEMENTS | 14,651 | ||||
TOTAL | 16,205 | ||||
ACCUMULATED DEPRECIATION | 2,313 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 13,892 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 14 | |||
LAND | 5,766 | ||||
BUILDING AND IMPROVEMENTS | 13,896 | ||||
TOTAL | 19,662 | ||||
ACCUMULATED DEPRECIATION | 966 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,696 | ||||
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 | 3,364 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,304 | ||||
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] | 703 | |||
LAND | 3,512 | ||||
BUILDING AND IMPROVEMENTS | 15,143 | ||||
TOTAL | 18,655 | ||||
ACCUMULATED DEPRECIATION | 3,454 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,201 | ||||
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] | 3,007 | |||
LAND | 2,418 | ||||
BUILDING AND IMPROVEMENTS | 9,371 | ||||
TOTAL | 11,789 | ||||
ACCUMULATED DEPRECIATION | 7,651 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,138 | ||||
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] | 0 | |||
LAND | 27,956 | ||||
BUILDING AND IMPROVEMENTS | 71,366 | ||||
TOTAL | 99,322 | ||||
ACCUMULATED DEPRECIATION | 713 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 98,609 | ||||
ENCUMBRANCES | [2] | 16,961 | |||
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] | 0 | |||
LAND | 567 | ||||
BUILDING AND IMPROVEMENTS | 8,874 | ||||
TOTAL | 9,441 | ||||
ACCUMULATED DEPRECIATION | 676 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,765 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 1,442 | |||
LAND | 14,185 | ||||
BUILDING AND IMPROVEMENTS | 139,464 | ||||
TOTAL | 153,649 | ||||
ACCUMULATED DEPRECIATION | 7,882 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 145,767 | ||||
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] | (1,955) | |||
LAND | 5,323 | ||||
BUILDING AND IMPROVEMENTS | 6,919 | ||||
TOTAL | 12,242 | ||||
ACCUMULATED DEPRECIATION | 2,584 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,658 | ||||
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] | 73 | |||
LAND | 3,298 | ||||
BUILDING AND IMPROVEMENTS | 21,332 | ||||
TOTAL | 24,630 | ||||
ACCUMULATED DEPRECIATION | 1,464 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,166 | ||||
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 | 22,168 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 17,704 | ||||
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] | 0 | |||
LAND | 17,017 | ||||
BUILDING AND IMPROVEMENTS | 39,206 | ||||
TOTAL | 56,223 | ||||
ACCUMULATED DEPRECIATION | 388 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 55,835 | ||||
ENCUMBRANCES | [2] | 11,153 | |||
Shopping Center [Member] | Rock Prairie Marketplace [Member] | |||||
INITIAL COST LAND | 0 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 8,004 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (106) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 7,898 | ||||
TOTAL | 7,898 | ||||
ACCUMULATED DEPRECIATION | 387 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,511 | ||||
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] | 2,580 | |||
LAND | 1,883 | ||||
BUILDING AND IMPROVEMENTS | 14,624 | ||||
TOTAL | 16,507 | ||||
ACCUMULATED DEPRECIATION | 772 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 15,735 | ||||
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] | (67) | |||
LAND | 19,069 | ||||
BUILDING AND IMPROVEMENTS | 69,418 | ||||
TOTAL | 88,487 | ||||
ACCUMULATED DEPRECIATION | 5,531 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 82,956 | ||||
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] | 15,161 | |||
LAND | 602 | ||||
BUILDING AND IMPROVEMENTS | 17,566 | ||||
TOTAL | 18,168 | ||||
ACCUMULATED DEPRECIATION | 9,460 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,708 | ||||
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] | 0 | |||
LAND | 4,498 | ||||
BUILDING AND IMPROVEMENTS | 9,850 | ||||
TOTAL | 14,348 | ||||
ACCUMULATED DEPRECIATION | 69 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,279 | ||||
ENCUMBRANCES | [2] | 5,049 | |||
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] | (216) | |||
LAND | 0 | ||||
BUILDING AND IMPROVEMENTS | 41,277 | ||||
TOTAL | 41,277 | ||||
ACCUMULATED DEPRECIATION | 2,596 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 38,681 | ||||
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] | 519 | |||
LAND | 40,209 | ||||
BUILDING AND IMPROVEMENTS | 63,483 | ||||
TOTAL | 103,692 | ||||
ACCUMULATED DEPRECIATION | 21,856 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 81,836 | ||||
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] | 3 | |||
LAND | 788 | ||||
BUILDING AND IMPROVEMENTS | 6,391 | ||||
TOTAL | 7,179 | ||||
ACCUMULATED DEPRECIATION | 366 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,813 | ||||
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] | 10,816 | |||
LAND | 15,320 | ||||
BUILDING AND IMPROVEMENTS | 51,813 | ||||
TOTAL | 67,133 | ||||
ACCUMULATED DEPRECIATION | 12,284 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 54,849 | ||||
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] | 0 | |||
LAND | 2,675 | ||||
BUILDING AND IMPROVEMENTS | 6,408 | ||||
TOTAL | 9,083 | ||||
ACCUMULATED DEPRECIATION | 78 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,005 | ||||
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] | 181 | |||
LAND | 11,206 | ||||
BUILDING AND IMPROVEMENTS | 19,273 | ||||
TOTAL | 30,479 | ||||
ACCUMULATED DEPRECIATION | 1,563 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,916 | ||||
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] | 96 | |||
LAND | 33,541 | ||||
BUILDING AND IMPROVEMENTS | 53,272 | ||||
TOTAL | 86,813 | ||||
ACCUMULATED DEPRECIATION | 3,656 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 83,157 | ||||
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] | 243 | |||
LAND | 743 | ||||
BUILDING AND IMPROVEMENTS | 5,617 | ||||
TOTAL | 6,360 | ||||
ACCUMULATED DEPRECIATION | 1,359 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,001 | ||||
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] | 78 | |||
LAND | 3,598 | ||||
BUILDING AND IMPROVEMENTS | 33,405 | ||||
TOTAL | 37,003 | ||||
ACCUMULATED DEPRECIATION | 2,691 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,312 | ||||
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] | 1,055 | |||
LAND | 2,472 | ||||
BUILDING AND IMPROVEMENTS | 6,894 | ||||
TOTAL | 9,366 | ||||
ACCUMULATED DEPRECIATION | 2,556 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,810 | ||||
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] | (163) | |||
LAND | 969 | ||||
BUILDING AND IMPROVEMENTS | 4,868 | ||||
TOTAL | 5,837 | ||||
ACCUMULATED DEPRECIATION | 271 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,566 | ||||
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] | 21,689 | |||
LAND | 23,119 | ||||
BUILDING AND IMPROVEMENTS | 21,829 | ||||
TOTAL | 44,948 | ||||
ACCUMULATED DEPRECIATION | 13,846 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 31,102 | ||||
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] | 73 | |||
LAND | 332 | ||||
BUILDING AND IMPROVEMENTS | 2,562 | ||||
TOTAL | 2,894 | ||||
ACCUMULATED DEPRECIATION | 637 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,257 | ||||
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] | 427 | |||
LAND | 29,704 | ||||
BUILDING AND IMPROVEMENTS | 24,694 | ||||
TOTAL | 54,398 | ||||
ACCUMULATED DEPRECIATION | 4,162 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 50,236 | ||||
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] | 22,616 | |||
LAND | 5,980 | ||||
BUILDING AND IMPROVEMENTS | 45,847 | ||||
TOTAL | 51,827 | ||||
ACCUMULATED DEPRECIATION | 20,286 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 31,541 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | (386) | |||
LAND | 7,094 | ||||
BUILDING AND IMPROVEMENTS | 59,409 | ||||
TOTAL | 66,503 | ||||
ACCUMULATED DEPRECIATION | 4,102 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 62,401 | ||||
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] | (163) | |||
LAND | 10,289 | ||||
BUILDING AND IMPROVEMENTS | 63,933 | ||||
TOTAL | 74,222 | ||||
ACCUMULATED DEPRECIATION | 4,080 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 70,142 | ||||
ENCUMBRANCES | [2] | 20,550 | |||
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] | 11 | |||
LAND | 330 | ||||
BUILDING AND IMPROVEMENTS | 2,370 | ||||
TOTAL | 2,700 | ||||
ACCUMULATED DEPRECIATION | 518 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 2,182 | ||||
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] | (91) | |||
LAND | 2,100 | ||||
BUILDING AND IMPROVEMENTS | 18,322 | ||||
TOTAL | 20,422 | ||||
ACCUMULATED DEPRECIATION | 1,683 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,739 | ||||
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] | 2,947 | |||
LAND | 1,778 | ||||
BUILDING AND IMPROVEMENTS | 7,401 | ||||
TOTAL | 9,179 | ||||
ACCUMULATED DEPRECIATION | 3,038 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,141 | ||||
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] | 267 | |||
LAND | 18,143 | ||||
BUILDING AND IMPROVEMENTS | 6,674 | ||||
TOTAL | 24,817 | ||||
ACCUMULATED DEPRECIATION | 481 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 24,336 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Stanford Ranch [Member] | |||||
INITIAL COST LAND | 10,584 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 30,007 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 3,069 | |||
LAND | 9,983 | ||||
BUILDING AND IMPROVEMENTS | 33,677 | ||||
TOTAL | 43,660 | ||||
ACCUMULATED DEPRECIATION | 7,834 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 35,826 | ||||
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] | 6,103 | |||
LAND | 142 | ||||
BUILDING AND IMPROVEMENTS | 74,100 | ||||
TOTAL | 74,242 | ||||
ACCUMULATED DEPRECIATION | 25,980 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 48,262 | ||||
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] | 852 | |||
LAND | 11,556 | ||||
BUILDING AND IMPROVEMENTS | 30,287 | ||||
TOTAL | 41,843 | ||||
ACCUMULATED DEPRECIATION | 12,067 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,776 | ||||
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] | 12 | |||
LAND | 27,249 | ||||
BUILDING AND IMPROVEMENTS | 28,528 | ||||
TOTAL | 55,777 | ||||
ACCUMULATED DEPRECIATION | 261 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 55,516 | ||||
ENCUMBRANCES | [2] | 16,389 | |||
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] | 590 | |||
LAND | 6,723 | ||||
BUILDING AND IMPROVEMENTS | 23,115 | ||||
TOTAL | 29,838 | ||||
ACCUMULATED DEPRECIATION | 6,305 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,533 | ||||
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] | 37 | |||
LAND | 41,818 | ||||
BUILDING AND IMPROVEMENTS | 45,923 | ||||
TOTAL | 87,741 | ||||
ACCUMULATED DEPRECIATION | 3,553 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 84,188 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 5,007 | |||
LAND | 1,280 | ||||
BUILDING AND IMPROVEMENTS | 10,141 | ||||
TOTAL | 11,421 | ||||
ACCUMULATED DEPRECIATION | 5,787 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,634 | ||||
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] | 1,095 | |||
LAND | 2,210 | ||||
BUILDING AND IMPROVEMENTS | 6,964 | ||||
TOTAL | 9,174 | ||||
ACCUMULATED DEPRECIATION | 3,640 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,534 | ||||
ENCUMBRANCES | [2] | 535 | |||
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] | (140) | |||
LAND | 12,642 | ||||
BUILDING AND IMPROVEMENTS | 100,518 | ||||
TOTAL | 113,160 | ||||
ACCUMULATED DEPRECIATION | 7,109 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 106,051 | ||||
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] | (221) | |||
LAND | 10,361 | ||||
BUILDING AND IMPROVEMENTS | 37,833 | ||||
TOTAL | 48,194 | ||||
ACCUMULATED DEPRECIATION | 2,390 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,804 | ||||
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] | 270 | |||
LAND | 12,460 | ||||
BUILDING AND IMPROVEMENTS | 55,624 | ||||
TOTAL | 68,084 | ||||
ACCUMULATED DEPRECIATION | 4,322 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 63,762 | ||||
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] | 188 | |||
LAND | 6,520 | ||||
BUILDING AND IMPROVEMENTS | 17,781 | ||||
TOTAL | 24,301 | ||||
ACCUMULATED DEPRECIATION | 3,179 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 21,122 | ||||
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] | (1,412) | |||
LAND | 2,723 | ||||
BUILDING AND IMPROVEMENTS | 9,188 | ||||
TOTAL | 11,911 | ||||
ACCUMULATED DEPRECIATION | 373 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,538 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Truckee Crossroads [Member] | |||||
INITIAL COST LAND | 2,140 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 28,325 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | (18,388) | |||
LAND | 2,140 | ||||
BUILDING AND IMPROVEMENTS | 9,937 | ||||
TOTAL | 12,077 | ||||
ACCUMULATED DEPRECIATION | 6,387 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,690 | ||||
ENCUMBRANCES | [2] | 482 | |||
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] | 108 | |||
LAND | 10,341 | ||||
BUILDING AND IMPROVEMENTS | 38,768 | ||||
TOTAL | 49,109 | ||||
ACCUMULATED DEPRECIATION | 2,709 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 46,400 | ||||
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] | (897) | |||
LAND | 1,800 | ||||
BUILDING AND IMPROVEMENTS | 9,188 | ||||
TOTAL | 10,988 | ||||
ACCUMULATED DEPRECIATION | 1,041 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 9,947 | ||||
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] | 1,307 | |||
LAND | 7,965 | ||||
BUILDING AND IMPROVEMENTS | 30,343 | ||||
TOTAL | 38,308 | ||||
ACCUMULATED DEPRECIATION | 7,344 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 30,964 | ||||
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] | 110,511 | |||
LAND | 16,174 | ||||
BUILDING AND IMPROVEMENTS | 175,330 | ||||
TOTAL | 191,504 | ||||
ACCUMULATED DEPRECIATION | 73,429 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 118,075 | ||||
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] | 24,275 | |||
LAND | 2,832 | ||||
BUILDING AND IMPROVEMENTS | 35,604 | ||||
TOTAL | 38,436 | ||||
ACCUMULATED DEPRECIATION | 9,057 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 29,379 | ||||
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] | 1,280 | |||
LAND | 8,931 | ||||
BUILDING AND IMPROVEMENTS | 18,783 | ||||
TOTAL | 27,714 | ||||
ACCUMULATED DEPRECIATION | 5,480 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 22,234 | ||||
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] | 73 | |||
LAND | 4,280 | ||||
BUILDING AND IMPROVEMENTS | 31,866 | ||||
TOTAL | 36,146 | ||||
ACCUMULATED DEPRECIATION | 2,792 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 33,354 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Westminster Center [Member] | |||||
INITIAL COST LAND | 60,428 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 64,973 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 238 | |||
LAND | 60,428 | ||||
BUILDING AND IMPROVEMENTS | 65,211 | ||||
TOTAL | 125,639 | ||||
ACCUMULATED DEPRECIATION | 7,890 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 117,749 | ||||
ENCUMBRANCES | [2] | 49,285 | |||
Shopping Center [Member] | Tuttlebee Plaza [Member] | |||||
INITIAL COST LAND | 255 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 828 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 2,834 | |||
LAND | 255 | ||||
BUILDING AND IMPROVEMENTS | 3,662 | ||||
TOTAL | 3,917 | ||||
ACCUMULATED DEPRECIATION | 2,399 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,518 | ||||
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] | 1,298 | |||
LAND | 5,017 | ||||
BUILDING AND IMPROVEMENTS | 22,077 | ||||
TOTAL | 27,094 | ||||
ACCUMULATED DEPRECIATION | 7,989 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,105 | ||||
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] | 1,836 | |||
LAND | 6,279 | ||||
BUILDING AND IMPROVEMENTS | 31,522 | ||||
TOTAL | 37,801 | ||||
ACCUMULATED DEPRECIATION | 2,968 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 34,833 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 4,175 | |||
LAND | 57,139 | ||||
BUILDING AND IMPROVEMENTS | 109,987 | ||||
TOTAL | 167,126 | ||||
ACCUMULATED DEPRECIATION | 24,625 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 142,501 | ||||
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] | 554 | |||
LAND | 5,515 | ||||
BUILDING AND IMPROVEMENTS | 13,595 | ||||
TOTAL | 19,110 | ||||
ACCUMULATED DEPRECIATION | 4,738 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 14,372 | ||||
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] | (20) | |||
LAND | 7,785 | ||||
BUILDING AND IMPROVEMENTS | 13,344 | ||||
TOTAL | 21,129 | ||||
ACCUMULATED DEPRECIATION | 1,160 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,969 | ||||
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] | 664 | |||
LAND | 21,320 | ||||
BUILDING AND IMPROVEMENTS | 233,750 | ||||
TOTAL | 255,070 | ||||
ACCUMULATED DEPRECIATION | 13,124 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 241,946 | ||||
ENCUMBRANCES | [2] | 71,352 | |||
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 | 2,267 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 6,897 | ||||
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] | 52 | |||
LAND | 4,415 | ||||
BUILDING AND IMPROVEMENTS | 32,087 | ||||
TOTAL | 36,502 | ||||
ACCUMULATED DEPRECIATION | 10,756 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,746 | ||||
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] | 14 | |||
LAND | 7,547 | ||||
BUILDING AND IMPROVEMENTS | 35,667 | ||||
TOTAL | 43,214 | ||||
ACCUMULATED DEPRECIATION | 2,398 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 40,816 | ||||
ENCUMBRANCES | [2] | 13,989 | |||
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] | 5,811 | |||
LAND | 2,192 | ||||
BUILDING AND IMPROVEMENTS | 14,585 | ||||
TOTAL | 16,777 | ||||
ACCUMULATED DEPRECIATION | 8,243 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 8,534 | ||||
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] | 486 | |||
LAND | 6,222 | ||||
BUILDING AND IMPROVEMENTS | 17,555 | ||||
TOTAL | 23,777 | ||||
ACCUMULATED DEPRECIATION | 5,368 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 18,409 | ||||
ENCUMBRANCES | [2] | 0 | |||
Shopping Center [Member] | Westhill Village [Member] | |||||
INITIAL COST LAND | 11,948 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 26,479 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 416 | |||
LAND | 11,948 | ||||
BUILDING AND IMPROVEMENTS | 26,895 | ||||
TOTAL | 38,843 | ||||
ACCUMULATED DEPRECIATION | 2,225 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 36,618 | ||||
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] | 131 | |||
LAND | 11,405 | ||||
BUILDING AND IMPROVEMENTS | 13,597 | ||||
TOTAL | 25,002 | ||||
ACCUMULATED DEPRECIATION | 1,278 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 23,724 | ||||
ENCUMBRANCES | [2] | 17,310 | |||
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] | 516 | |||
LAND | 2,569 | ||||
BUILDING AND IMPROVEMENTS | 7,330 | ||||
TOTAL | 9,899 | ||||
ACCUMULATED DEPRECIATION | 2,664 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,235 | ||||
Shopping Center [Member] | Vizcaya Square [Member] | |||||
INITIAL COST LAND | 5,773 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 20,965 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 171 | |||
LAND | 5,773 | ||||
BUILDING AND IMPROVEMENTS | 21,136 | ||||
TOTAL | 26,909 | ||||
ACCUMULATED DEPRECIATION | 1,552 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 25,357 | ||||
ENCUMBRANCES | [2] | 0 | |||
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] | 4 | |||
LAND | 19,528 | ||||
BUILDING AND IMPROVEMENTS | 32,525 | ||||
TOTAL | 52,053 | ||||
ACCUMULATED DEPRECIATION | 2,367 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 49,686 | ||||
ENCUMBRANCES | [2] | 15,345 | |||
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] | 2,484 | |||
LAND | 3,854 | ||||
BUILDING AND IMPROVEMENTS | 4,261 | ||||
TOTAL | 8,115 | ||||
ACCUMULATED DEPRECIATION | 287 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 7,828 | ||||
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 | 1,995 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 10,353 | ||||
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] | (223) | |||
LAND | 5,191 | ||||
BUILDING AND IMPROVEMENTS | 42,307 | ||||
TOTAL | 47,498 | ||||
ACCUMULATED DEPRECIATION | 2,253 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 45,245 | ||||
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] | (1,070) | |||
LAND | 11,039 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 11,039 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,039 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Gladden Farms [Member] | |||||
INITIAL COST LAND | 4,010 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 4,010 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 4,010 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,010 | ||||
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] | 556 | |||
LAND | 501 | ||||
BUILDING AND IMPROVEMENTS | 2,415 | ||||
TOTAL | 2,916 | ||||
ACCUMULATED DEPRECIATION | 2,046 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 870 | ||||
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] | (671) | |||
LAND | 4,589 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 4,589 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,589 | ||||
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] | 19 | |||
LAND | 5,470 | ||||
BUILDING AND IMPROVEMENTS | 19 | ||||
TOTAL | 5,489 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,489 | ||||
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 | 305 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 804 | ||||
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 | 114 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 5,141 | ||||
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] | 4,925 | |||
LAND | 10,624 | ||||
BUILDING AND IMPROVEMENTS | 24,990 | ||||
TOTAL | 35,614 | ||||
ACCUMULATED DEPRECIATION | 7,539 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 28,075 | ||||
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] | (8,329) | |||
LAND | 669 | ||||
BUILDING AND IMPROVEMENTS | 32,989 | ||||
TOTAL | 33,658 | ||||
ACCUMULATED DEPRECIATION | 22,159 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,499 | ||||
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 | 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] | 1,513 | |||
LAND | 1,486 | ||||
BUILDING AND IMPROVEMENTS | 1,515 | ||||
TOTAL | 3,001 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 3,001 | ||||
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 | 10 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 86 | ||||
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] | 431 | |||
LAND | 4,062 | ||||
BUILDING AND IMPROVEMENTS | 431 | ||||
TOTAL | 4,493 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 4,493 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | 123 Coulter Avenue Parcel [Member] | |||||
INITIAL COST LAND | 578 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 1,348 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 17,607 | |||
LAND | 16,795 | ||||
BUILDING AND IMPROVEMENTS | 2,738 | ||||
TOTAL | 19,533 | ||||
ACCUMULATED DEPRECIATION | 1 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 19,532 | ||||
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] | 4 | |||
LAND | 780 | ||||
BUILDING AND IMPROVEMENTS | 4 | ||||
TOTAL | 784 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 784 | ||||
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 | 625 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,662 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Cullen Blvd. and East Orem Dr. [Member] | |||||
INITIAL COST LAND | 1,590 | ||||
INITIAL COST BUILDING AND IMPROVEMENTS | 0 | ||||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1] | 0 | |||
LAND | 1,590 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 1,590 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,590 | ||||
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] | 28 | |||
LAND | 1,517 | ||||
BUILDING AND IMPROVEMENTS | 28 | ||||
TOTAL | 1,545 | ||||
ACCUMULATED DEPRECIATION | 2 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 1,543 | ||||
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] | 0 | |||
LAND | 570 | ||||
BUILDING AND IMPROVEMENTS | 0 | ||||
TOTAL | 570 | ||||
ACCUMULATED DEPRECIATION | 0 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 570 | ||||
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] | (52,241) | |||
LAND | 3,514 | ||||
BUILDING AND IMPROVEMENTS | 28,122 | ||||
TOTAL | 31,636 | ||||
ACCUMULATED DEPRECIATION | 20,501 | ||||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | 11,135 | ||||
ENCUMBRANCES | [2] | 0 | |||
Other Property [Member] | Balance of Portfolio [Member] | |||||
INITIAL COST LAND | [5] | 1,907 | |||
INITIAL COST BUILDING AND IMPROVEMENTS | [5] | 65,127 | |||
COST CAPITALIZED SUBSEQUENT TO ACQUISITION | [1],[5] | (25,469) | |||
LAND | [5] | 0 | |||
BUILDING AND IMPROVEMENTS | [5] | 41,565 | |||
TOTAL | [5] | 41,565 | |||
ACCUMULATED DEPRECIATION | [5] | 4,282 | |||
TOTAL COST, NET OF ACCUMULATED DEPRECIATION | [5] | 37,283 | |||
ENCUMBRANCES | [2],[5] | $ 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]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.[4]Shopping center includes land held for development.[5]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] | 12 Months Ended |
Dec. 31, 2022 | |
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, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Balance, beginning of period | $ 18,052,271 | $ 12,068,827 | $ 11,929,276 |
Acquisitions | 542,789 | 5,765,363 | 10,449 |
Improvements | 183,561 | 153,698 | 210,390 |
Transfers from unconsolidated joint ventures | 0 | 785,334 | 0 |
Sales and assets held-for-sale | (271,347) | (205,057) | (30,764) |
Transfers to operating lease right-of-use assets, net | 0 | 0 | 0 |
Transfers to unconsolidated joint ventures | 0 | (433,829) | 0 |
Adjustment for fully depreciated assets | (36,032) | (82,065) | (45,042) |
Adjustment of property carrying values | (14,000) | 0 | (5,482) |
Balance, end of period | $ 18,457,242 | $ 18,052,271 | $ 12,068,827 |
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, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Balance, beginning of period | $ 3,010,699 | $ 2,717,114 | $ 2,500,053 |
Depreciation for year | 493,075 | 378,416 | 265,144 |
Sales and assets held-for-sale | (50,328) | (2,766) | (3,041) |
Transfers to operating lease right-of-use assets, net | 0 | 0 | 0 |
Adjustment for fully depreciated assets/other | (36,032) | (82,065) | (45,042) |
Balance, end of period | $ 3,417,414 | $ 3,010,699 | $ 2,717,114 |
Schedule IV - Mortgage Loans _3
Schedule IV - Mortgage Loans on Real Estate (Details Textual) $ in Millions | Dec. 31, 2022 USD ($) |
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Federal Income Tax Basis | $ 87.3 |
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, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Carrying amount | $ 87,359 | $ 73,102 | $ 32,246 | $ 7,829 | |
Mortgage Loans [Member] | |||||
Face amount | 95,474 | ||||
Carrying amount | [1] | 87,359 | |||
Allowance for Credit losses: | [1] | (1,300) | |||
Principal Amount of Loans Subject to Delinquent Principal or Interest | $ 0 | ||||
Retail Site [Member] | Lynwood, CA [Member] | Borrower B [Member] | Mortgage Loans [Member] | |||||
Interest rate | 9% | ||||
Face amount | $ 16,463 | ||||
Carrying amount | [1] | $ 16,463 | |||
Retail Site [Member] | Jacksonville, FL [Member] | Borrower C [Member] | Mortgage Loans [Member] | |||||
Interest rate | 10% | ||||
Face amount | $ 15,000 | ||||
Carrying amount | [1] | $ 15,000 | |||
Retail Site [Member] | San Antonio, Texas [Member] | Borrower D [Member] | Mortgage Loans [Member] | |||||
Interest rate | 12.50% | ||||
Face amount | $ 21,500 | ||||
Carrying amount | [1] | $ 16,359 | |||
Retail Site [Member] | Fairfax, VA [Member] | Borrower E [Member] | Mortgage Loans [Member] | |||||
Interest rate | 8% | ||||
Face amount | $ 14,000 | ||||
Carrying amount | [1] | $ 14,000 | |||
Retail Site [Member] | Euless, TX [Member] | Borrower F [Member] | Mortgage Loans [Member] | |||||
Interest rate | 10% | ||||
Face amount | $ 19,600 | ||||
Carrying amount | [1] | $ 19,600 | |||
Retail Site [Member] | Las Vegas, NV [Member] | Borrower G [Member] | Mortgage Loans [Member] | |||||
Interest rate | 12% | ||||
Face amount | $ 3,075 | ||||
Carrying amount | [1] | $ 3,075 | |||
Retail Site [Member] | Las Vegas, NV [Member] | Borrower H [Member] | Mortgage Loans [Member] | |||||
Interest rate | 7% | ||||
Face amount | $ 3,410 | ||||
Carrying amount | [1] | $ 3,410 | |||
Nonretail [Member] | Borrower B [Member] | Other Financing Loans [Member] | |||||
Interest rate | 7% | ||||
Face amount | $ 397 | ||||
Carrying amount | [1] | $ 345 | |||
Nonretail [Member] | Borrower A [Member] | Other Financing Loans [Member] | |||||
Interest rate | 8.64% | ||||
Face amount | $ 175 | ||||
Carrying amount | [1] | $ 35 | |||
Nonretail [Member] | Commack, NY [Member] | Borrower A [Member] | Mortgage Loans [Member] | |||||
Interest rate | 7.41% | ||||
Face amount | $ 1,354 | ||||
Carrying amount | [1] | $ 166 | |||
Nonretail [Member] | Melbourne, FL [Member] | Borrower B [Member] | Mortgage Loans [Member] | |||||
Interest rate | 6.88% | ||||
Face amount | $ 500 | ||||
Carrying amount | [1] | $ 206 | |||
[1]The aggregate cost for Federal income tax purposes was approximately $87.3 million as of December 31, 2022. |