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Note 4 - Property Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2021
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  |  |  | 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 |
|  |  |  | Purchase Price |  |  |  |  |
Property Name | Location | Month Acquired |  | Cash |  |  | GLA |
North Valley Parcel | Peoria, AZ | Feb-20 |  | $ | 7,073 |  |  |  | 9 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  | Allocation as of December 31, 2021 |  |  | Weighted- Average Useful Life (in Years) |  |  | Allocation as of December 31, 2020 |  |  | Weighted- Average Useful Life (in Years) |
Land |  | $ | 154,320 |  |  |  | n/a |  |  | $ | 935 |  |  |  | n/a |
Buildings |  |  | 679,646 |  |  |  | 50.0 |  |  |  | 4,610 |  |  |  | 50.0 |
Building improvements |  |  | 18,476 |  |  |  | 45.0 |  |  |  | 221 |  |  |  | 45.0 |
Tenant improvements |  |  | 16,391 |  |  |  | 8.5 |  |  |  | 382 |  |  |  | 19.4 |
In-place leases |  |  | 48,648 |  |  |  | 9.1 |  |  |  | 925 |  |  |  | 19.4 |
Above-market leases |  |  | 6,581 |  |  |  | 6.5 |  |  |  | - |  |  |  | - |
Below-market leases |  |  | (39,712 | ) |  |  | 38.9 |  |  |  | - |  |  |  | - |
Other assets |  |  | 21,331 |  |  |  | n/a |  |  |  | - |  |  |  | n/a |
Other liabilities |  |  | (8,974 | ) |  |  | n/a |  |  |  | - |  |  |  | n/a |
Net assets acquired/consolidated |  | $ | 896,707 |  |  |  |  |  |  | $ | 7,073 |  |  |  |  |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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