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Note 3 - Property Acquisitions, Developments and Other Investments (Tables) | 12 Months Ended
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Dec. 31, 2017
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  |  |  |  |  | Purchase Price (in thousands) |
Property Name |  | Location |  | Month Acquired / Consolidated |  | Cash* |  |  | Debt |  |  | Other Consideration** |  |  | Total |  |  | GLA*** |
Plantation Commons |  | Plantation, FL (1) (3) |  | Jan-17 |  | $ | - |  |  | $ | - |  |  | $ | 12,300 |  |  | $ | 12,300 |  |  |  | 60 |
Gordon Plaza |  | Woodbridge, VA (1) (3) |  | Jan-17 |  |  | - |  |  |  | - |  |  |  | 3,100 |  |  |  | 3,100 |  |  |  | 184 |
Plaza del Prado |  | Glenview, IL |  | Jan-17 |  |  | 39,063 |  |  |  | - |  |  |  | - |  |  |  | 39,063 |  |  |  | 142 |
Columbia Crossing Parcel |  | Columbia Crossing, MD |  | Jan-17 |  |  | 5,100 |  |  |  | - |  |  |  | - |  |  |  | 5,100 |  |  |  | 25 |
The District at Tustin Legacy |  | Tustin, CA (2) (3) |  | Apr-17 |  |  | - |  |  |  | 206,000 |  |  |  | 98,698 |  |  |  | 304,698 |  |  |  | 688 |
Jantzen Beach Center |  | Portland, OR |  | Jul-17 |  |  | 131,927 |  |  |  | - |  |  |  | - |  |  |  | 131,927 |  |  |  | 722 |
Del Monte Plaza Parcel |  | Reno, NV |  | Jul-17 |  |  | 24,152 |  |  |  | - |  |  |  | - |  |  |  | 24,152 |  |  |  | 83 |
Gateway Station Phase II |  | Burleson, TX |  | Aug-17 |  |  | 15,355 |  |  |  | - |  |  |  | - |  |  |  | 15,355 |  |  |  | 79 |
Jantzen Beach Center Parcel |  | Portland, OR |  | Sep-17 |  |  | 6,279 |  |  |  | - |  |  |  | - |  |  |  | 6,279 |  |  |  | 25 |
Webster Square Outparcel |  | Nashua, NH |  | Sep-17 |  |  | 4,985 |  |  |  | - |  |  |  | - |  |  |  | 4,985 |  |  |  | 22 |
Whittwood Town Center |  | Whittier, CA |  | Oct-17 |  |  | 80,397 |  |  |  | 43,000 |  |  |  | - |  |  |  | 123,397 |  |  |  | 783 |
123 Coulter Avenue Parcel |  | Ardmore, PA |  | Oct-17 |  |  | 4,808 |  |  |  | - |  |  |  | - |  |  |  | 4,808 |  |  |  | 1 |
Fulton Marketplace Parcel |  | Santa Rosa, CA |  | Nov-17 |  |  | 13,162 |  |  |  | - |  |  |  | - |  |  |  | 13,162 |  |  |  | 61 |
|  |  |  |  |  | $ | 325,228 |  |  | $ | 249,000 |  |  | $ | 114,098 |  |  | $ | 688,326 |  |  |  | 2,875 |
|  |  |  |  |  | Purchase Price (in thousands) |
Property Name |  | Location |  | Month Acquired |  | Cash* |  |  | Debt |  |  | Other Consideration ** |  |  | Total |  |  | GLA |
Jericho Atrium |  | Jericho, NY |  | Apr-16 |  | $ | 29,750 |  |  | $ | - |  |  | $ | - |  |  | $ | 29,750 |  |  |  | 147 |
Oakwood Plaza |  | Hollywood, FL (1) |  | Apr-16 |  |  | 53,412 |  |  |  | 100,000 |  |  |  | 61,588 |  |  |  | 215,000 |  |  |  | 899 |
Webster Square North |  | Nashua, NH |  | Jul-16 |  |  | 8,200 |  |  |  | - |  |  |  | - |  |  |  | 8,200 |  |  |  | 21 |
Gateway Plaza |  | Mill Creek, WA (1) |  | Jul-16 |  |  | 493 |  |  |  | 17,500 |  |  |  | - |  |  |  | 17,993 |  |  |  | 97 |
Kentlands Market Square |  | Gaithersburg, MD |  | Aug-16 |  |  | 61,826 |  |  |  | 33,174 |  |  |  | - |  |  |  | 95,000 |  |  |  | 221 |
GEPT Portfolio (4 properties) |  | Various (1) |  | Sep-16 |  |  | 79,974 |  |  |  | 76,989 |  |  |  | 10,882 |  |  |  | 167,845 |  |  |  | 681 |
Coulter Avenue (2 parcels) |  | Ardmore, PA |  | Various |  |  | 6,750 |  |  |  | - |  |  |  | - |  |  |  | 6,750 |  |  |  | 20 |
KimPru Portfolio (2 properties) |  | Various (1) |  | Oct-16 |  |  | 15,505 |  |  |  | 35,700 |  |  |  | 3,218 |  |  |  | 54,423 |  |  |  | 234 |
Hamden Mart |  | Hamden, CT (1) |  | Nov-16 |  |  | - |  |  |  | 21,369 |  |  |  | 29,294 |  |  |  | 50,663 |  |  |  | 345 |
|  |  |  |  |  | $ | 255,910 |  |  | $ | 284,732 |  |  | $ | 104,982 |  |  | $ | 645,624 |  |  |  | 2,665 |
Summary of Ownership Interest [Table Text Block] |
Property Name |  | Previous Ownership Interest |  |  | Gain on change in control of interests |
Plantation Commons |  |  | 76.25 | % |  | $ | 9,793 |
Gordon Plaza |  |  | 40.62 | % |  |  | 395 |
The District at Tustin Legacy |  |  | (a) |  |  | 60,972 |
|  |  |  |  |  | $ | 71,160 |
Property Name |  | Previous Ownership Interest |  |  | Gain on change in control of interests |
Oakwood Plaza |  |  | 55.0 | % |  | $ | 46,512 |
Gateway Plaza |  |  | 15.0 | % |  |  | - |
GEPT Portfolio (4 properties) |  |  | 15.0 | % |  |  | 6,583 |
KimPru Portfolio (2 properties) |  |  | 15.0 | % |  |  | 832 |
Hamden Mart |  |  | 47.95 | % |  |  | 3,459 |
|  |  |  |  |  | $ | 57,386 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  | Allocation as of December 31, 2017 |  |  | Weighted-Average Amortization Period (in Years) |
Land |  | $ | 255,715 |  |  |  | n/a |
Buildings |  |  | 379,148 |  |  |  | 50.0 |
Building improvements |  |  | 46,613 |  |  |  | 41.5 |
Tenant improvements |  |  | 14,520 |  |  |  | 7.2 |
In-place leases |  |  | 56,200 |  |  |  | 7.2 |
Above-market leases |  |  | 12,197 |  |  |  | 7.8 |
Below-market leases |  |  | (77,027 | ) |  |  | 29.5 |
Mortgage fair value adjustment |  |  | (8,521 | ) |  |  | 1.3 |
Tax increment financing (TIF) contracts |  |  | 8,342 |  |  |  | 19.0 |
Other assets |  |  | 5,090 |  |  |  | n/a |
Other liabilities |  |  | (3,951 | ) |  |  | n/a |
Net assets acquired/consolidated |  | $ | 688,326 |  |  |  |  |
|  | Allocation as of December 31, 2016 |  |  | Allocation Adjustments |  |  | Revised Allocation as of December 31, 2017 |  |  | Weighted-Average Amortization Period (in Years) |
Land |  | $ | 179,150 |  |  | $ | (5,150 | ) |  | $ | 174,000 |  |  |  | n/a |
Buildings |  |  | 309,493 |  |  |  | (30,696 | ) |  |  | 278,797 |  |  |  | 50.0 |
Building improvements |  |  | 124,105 |  |  |  | 41,895 |  |  |  | 166,000 |  |  |  | 45.0 |
Tenant improvements |  |  | 12,788 |  |  |  | (1,155 | ) |  |  | 11,633 |  |  |  | 7.1 |
In-place leases |  |  | 44,094 |  |  |  | (1,063 | ) |  |  | 43,031 |  |  |  | 6.4 |
Above-market leases |  |  | 11,982 |  |  |  | 885 |  |  |  | 12,867 |  |  |  | 8.1 |
Below-market leases |  |  | (31,903 | ) |  |  | (4,716 | ) |  |  | (36,619 | ) |  |  | 19.1 |
Mortgage fair value adjustment |  |  | (4,292 | ) |  |  | - |  |  |  | (4,292 | ) |  |  | 4.1 |
Other assets |  |  | 234 |  |  |  | - |  |  |  | 234 |  |  |  | n/a |
Other liabilities |  |  | (27 | ) |  |  | - |  |  |  | (27 | ) |  |  | n/a |
Net assets acquired |  | $ | 645,624 |  |  | $ | - |  |  | $ | 645,624 |  |  |  |  |

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