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Note 2 - Operating Property Activities (Detail) - Acquisitions (USD $) In Thousands, unless otherwise specified | Sep. 30, 2012 sqft | Dec. 31, 2011 sqft | Jan. 31, 2012 Woodbridge S.C. [Member] sqft | Jan. 31, 2012 Bell Camino Center [Member] sqft | Feb. 29, 2012 Olympia West Outparcel [Member] sqft | Mar. 31, 2012 Frontier Village [Member] sqft | Mar. 31, 2012 Silverdale S.C. [Member] sqft | Jan. 31, 2012 Various 31 Properties [Member] sqft | Jan. 31, 2012 Duncan, SC [Member] sqft | Mar. 31, 2012 Various 30 Properties [Member] sqft | Mar. 31, 2012 Peru, IL [Member] sqft | Apr. 30, 2012 Towson Place [Member] sqft | May 31, 2012 Prien Lake Outparcel [Member] sqft | Jun. 30, 2012 Devon Village [Member] sqft | Jun. 30, 2012 Various, NC [Member] sqft | Jul. 31, 2012 Lake Jackson [Member] sqft | Jul. 31, 2012 Woodlawn S.C. [Member] sqft | Jul. 31, 2012 Columbia Crossing [Member] sqft | Jul. 31, 2012 Pompano Beach [Member] sqft | Jul. 31, 2012 Various 6 Properties [Member] sqft | Aug. 31, 2012 Wilton S.C. [Member] sqft | Aug. 31, 2012 Hawthorne Hills S. C. [Member] sqft
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Purchase Price (Cash) | $ 349,390 |  |  | $ 9,000 |  | $ 4,185 |  | $ 1,200 |  | $ 12,231 | [1] | $ 8,335 | [1] | $ 30,753 | [2] | $ 1,048 | [3] | $ 39,493 | [2] | $ 995 | [3] | $ 69,375 | [4] | $ 1,800 |  | $ 28,550 |  | $ 63,750 |  | $ 5,500 | [5] | $ 7,050 |  | $ 11,060 |  | $ 12,180 | [6] | $ 8,111 | [2] | $ 18,800 |  | $ 15,974 |
Purchase Price (Debt Assumed) | 159,198 |  |  |  |  | 4,210 |  |  |  | 30,900 | [1] | 24,000 | [1] |  |  |  |  |  |  |  |  | 57,625 | [4] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 20,900 |  | 21,563 |
Purchase Price (Total) | $ 508,588 |  |  | $ 9,000 |  | $ 8,395 |  | $ 1,200 |  | $ 43,131 | [1] | $ 32,335 | [1] | $ 30,753 | [2] | $ 1,048 | [3] | $ 39,493 | [2] | $ 995 | [3] | $ 127,000 | [4] | $ 1,800 |  | $ 28,550 |  | $ 63,750 |  | $ 5,500 | [5] | $ 7,050 |  | $ 11,060 |  | $ 12,180 | [6] | $ 8,111 | [2] | $ 39,700 |  | $ 37,537 |
GLA (in Square feet) | 2,493,000 | [7] | 84,400,000 | 97,000 | [7] | 63,000 | [7] | 6,000 | [7] | 195,000 | [1],[7] | 170,000 | [1],[7] | 83,000 | [2],[7] | 3,000 | [3],[7] | 107,000 | [2],[7] | 4,000 | [3],[7] | 680,000 | [4],[7] | 8,000 | [7] | 79,000 | [7] | 368,000 | [7] | 35,000 | [5],[7] | 137,000 | [7] | 69,000 | [7] | 81,000 | [6],[7] | 19,000 | [2],[7] | 96,000 | [7] | 193,000 | [7]
[1] | These properties were acquired from a joint venture in which the Company has a 15% noncontrolling interest. The Company evaluated these transactions pursuant to the FASB's Consolidation guidance and as such recognized an aggregate gain of $2.0 million from the fair value adjustment associated with its original ownership due to a change in control which is included in Equity in income of joint ventures, net on the Company's Condensed Consolidated Statements of Income.
[2] | Acquired an aggregate of 67 parcels net leased to restaurants through a consolidated joint venture, in which the Company has a 99.1% controlling interest. During July 2012, the Company purchased the remaining 0.9% interest for $0.7 million.
[3] | Acquired an aggregate of two parcels net leased to restaurants through a consolidated joint venture, in which the Company has a 92.0% controlling interest. During July 2012, the Company sold 4% of its interest for $0.1 million. The Company continues to have a controlling interest in the joint venture and therefore continues to consolidate this investment.
[4] | This property was acquired from a joint venture in which the Company had a 30% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance and as such recognized a gain of $12.1 million from the fair value adjustment associated with its original ownership due to a change in control. In addition, the Company recognized promote income of $1.1 million in connection with this transaction. The gain and promote income are included in Equity in income of joint ventures, net on the Company's Condensed Consolidated Statements of Income. Additionally, the debt assumed in connection with this transaction of $57.6 million was repaid in May 2012.
[5] | The Company acquired this property from a preferred equity investment in which the Company held a noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. This transaction resulted in a change in control with no gain or loss recognized.
[6] | This property was acquired from a joint venture in which the Company had a 50% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. This transaction resulted in a change in control with no gain or loss recognized.
[7] | Gross leasable area ("GLA")

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- Definition Amount of cash paid to acquire the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph f(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Fair Value of the liabilities incurred by the acquirer to former owners of the acquiree, including the fair value of any contingent consideration. If liabilities transferred as consideration remain within the combined entity after the business combination (for example, because the assets or liabilities were transferred to the acquiree rather than to its former owners), and the acquirer therefore retains control of them; in that situation, the acquirer measures those liabilities at their carrying amounts immediately before the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 25 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6405-128476 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph f(3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 39, 40, 41 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6613-128477 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 30 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6578-128477 + Details
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