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Real Estate Investments | 12 Months Ended
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Dec. 31, 2016
Real Estate [Abstract] |
Real Estate Disclosure [Text Block] |
2. | Real Estate Investments
Acquisitions The following tables detail the shopping centers acquired or land acquired for development.
(in thousands) |  | Year ended December 31, 2016
Date Purchased |  | Property Name |  | City/State |  | Property Type |  | Purchase Price |  | Debt Assumed, Net of Premiums |  | Intangible Assets |  | Intangible Liabilities
2/22/2016 |  | Garden City Park |  | Garden City Park, NY |  | Operating |  | $ | 17,300 |  |  | — |  |  | 10,171 |  |  | 2,940 |
3/4/2016 |  | The Market at Springwoods Village (1) |  | Houston, TX |  | Development |  | 17,994 |  |  | — |  |  | — |  |  | — |
5/16/2016 |  | Market Common Clarendon |  | Arlington, VA |  | Operating |  | 280,500 |  |  | — |  |  | 15,428 |  |  | 15,662 |
7/15/2016 |  | Klahanie Shopping Center |  | Sammamish, WA |  | Operating |  | 35,988 |  |  | — |  |  | 2,264 |  |  | 539 |
8/4/2016 |  | The Village at Tustin Legacy |  | Tustin, CA |  | Development |  | 18,800 |  |  | — |  |  | — |  |  | — |
10/26/2016 |  | Nocatee Phase III |  | Jacksonville, FL |  | Development |  | 240 |  |  | — |  |  | — |  |  | — |
10/30/2016 |  | Brooklyn Station Phase II |  | Jacksonville, FL |  | Development |  | 50 |  |  | — |  |  | — |  |  | — |
12/6/2016 |  | The Village at Riverstone |  | Houston, TX |  | Development |  | 16,656 |  |  | — |  |  | — |  |  | — |
Total property acquisitions |  | $ | 387,528 |  |  | — |  |  | 27,863 |  |  | 19,141 |
(1) Regency acquired a 53% controlling interest in the Market at Springwoods Village partnership to develop a shopping center on land contributed by the partner. As a result of consolidation, the Company recorded the partner's non-controlling interest of $8.4 million in Limited partners' interests in consolidated partnerships in the accompanying Consolidated Balance Sheets.
(in thousands) |  | Year ended December 31, 2015
Date Purchased |  | Property Name |  | City/State |  | Property Type |  | Purchase Price |  | Debt Assumed, Net of Premiums |  | Intangible Assets |  | Intangible Liabilities
9/1/2015 |  | University Commons |  | Boca Raton, FL |  | Operating |  | $ | 80,500 |  |  | 42,799 |  |  | 64,482 |  |  | 14,039 |
10/9/2015 |  | CityLine Market Ph II |  | Dallas, TX |  | Development |  | 2,157 |  |  | — |  |  | — |  |  | — |
12/29/2015 |  | Northgate Ph II |  | Medford, OR |  | Development |  | 4,000 |  |  | — |  |  | — |  |  | — |
Total property acquisitions |  | $ | 86,657 |  |  | 42,799 |  |  | 64,482 |  |  | 14,039 |
The results of operations from acquisitions are included in the Consolidated Statements of Operations beginning on the acquisition date. The real estate operations acquired, other than Market Common Clarendon, are not considered material to Company, individually or in the aggregate. Results of operations related to the acquisition of Market Common Clarendon resulted in the following impact to Revenues and Net income attributable to common stockholders, as follows:
(in thousands) |  | Year ended December 31, 2016
Increase in total revenues |  | $ | 11,427 |
Increase in net income attributable to common stockholders (1) |  | 798 |
(1) Includes $1.6 million of transaction costs during the year ended December 31, 2016, which are recorded in Other operating expenses in the accompanying Consolidated Statements of Operations. The following unaudited pro forma financial data includes the incremental revenues, operating expenses, depreciation and amortization, and costs of financing the Market Common Clarendon acquisition as if it had occurred on January 1, 2015:
|  | (Pro Forma)
|  | Year ended December 31,
(in thousands, except per share data) |  | 2016 |  | 2015
Total revenues |  | 622,124 |  |  | 589,506 |
Income from operations | (1) | 121,921 |  |  | 119,339 |
Net income attributable to common stockholders | (1) | 146,111 |  |  | 131,396 |
Income per common share - basic |  | 1.42 |  |  | 1.37 |
Income per common share - diluted |  | 1.42 |  |  | 1.36 |
(1) The pro forma earnings for the year ended December 31, 2016 were adjusted to exclude $1.6 million of acquisition costs, while 2015 pro forma earnings were adjusted to include those costs during the first quarter of 2015. The pro forma financial data is not necessarily indicative of what the actual results of operations would have been assuming the transaction had been completed as set forth above, nor does it purport to represent the results of operations for future periods. The following table details the weighted average amortization and net accretion periods, in years, of the major classes of intangible assets and intangible liabilities arising from the Market Common Clarendon acquisition, at the acquisition date:
|  | Weighted Average
|  | Amortization Period
Assets: |  | (in years)
In-place leases |  | 7.4
Liabilities: |  |
Acquired lease intangible liabilities |  | 7.9
Pending Merger with Equity One For more information about the shareholder approved but not yet consummated merger, see note 16, Subsequent Events.

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- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 11 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Subparagraph 4 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 6 -Subparagraph a -Article 5 + Details
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