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Note 3 - Real Estate (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

				Purchase Price
Property Name	Location	Month Acquired		Cash				Debt				Other				Total				GLA*
Portfolio (2 properties) (1)	Various	Jan-23		$	69,130			$	19,637			$	13,019			$	101,786				342
Crossroads Plaza Parcel	Cary, NC	Jan-23			2,173				-				-				2,173				5
Northridge Shopping Center Parcel	Arvada, CO	Jan-23			728				-				-				728				57
Stafford Marketplace Parcel (2)	Stafford, VA	Feb-23			-				-				12,527				12,527				87
Tustin Heights (1)	Tustin, CA	Mar-23			26,501				17,550				4,910				48,961				137
Marlton Plaza Parcel	Cherry Hill, NJ	Jul-23			529				-				-				529				-
Stonebridge at Potomac Town Center	Woodbridge, VA	Aug-23			169,840				-				1,667				171,507				504
				$	268,901			$	37,187			$	32,123			$	338,211				1,132

Property Name	Location	Month Acquired		Purchase Price				GLA
Ranchos San Marcos Parcel	San Marcos, CA	Jan-22		$	2,407				6
Columbia Crossing Parcel	Columbia, MD	Feb-22			16,239				60
Oak Forest Parcel	Houston, TX	Jun-22			3,846				4
Devon Village (1)	Devon, PA	Jun-22			733				-
Fishtown Crossing	Philadelphia, PA	Jul-22			39,291				133
Carman’s Plaza	Massapequa, NY	Jul-22			51,423				195
Pike Center (1)	Rockville, MD	Jul-22			21,850				-
				$	135,789				398

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

		Allocation as of September 30, 2023				Weighted Average Amortization Period (in Years)				Allocation as of September 30, 2022				Weighted Average Amortization Period (in Years)
Land		$	103,836				n/a			$	64,480				n/a
Building			161,667				50.0				58,800				50.0
Building improvements			22,282				45.0				4,480				45.0
Tenant improvements			22,475				6.4				4,963				6.9
Solar panels			-				n/a				2,308				20.0
In-place leases			47,290				5.3				7,249				6.4
Above-market leases			4,981				6.7				199				3.8
Below-market leases			(25,129	)			21.6				(6,690	)			14.2
Other assets			1,777				n/a				-				n/a
Other liabilities			(968	)			n/a				-				n/a
Net assets acquired		$	338,211							$	135,789

Disposal Groups, Including Discontinued Operations [Table Text Block]

		Nine Months Ended September 30,
		2023				2022
Aggregate sales price/gross fair value (1) (2) (3)		$	175.0			$	172.2
Gain on sale of properties (4)		$	52.4			$	11.0
Number of properties sold			4				8
Number of parcels sold/deconsolidated (1)			11				10

X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

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