XML 58 R38.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Tax Status of Dividends | The following table summarizes the tax status of dividends paid on our common shares:
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Dividend per share | $2.22 |  | 2.10 |  | 2.00
Ordinary income | 98% |  | 86% |  | 53%
Capital gain | —% |  | 10% |  | 8%
Return of capital | —% |  | 4% |  | 39%
Qualified dividend income | 2% |  | —% |  | —%
Section 199A dividend | 98% |  | —% |  | —%
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | Our consolidated expense (benefit) for income taxes for the years ended December 31, 2018, 2017, and 2016 was as follows:
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Income tax expense (benefit): |  |  |  |  |
Current | $ | 5,667 |  |  | 1,168 |  |  | (153 | )
Deferred | (5,145 | ) |  | (10,815 | ) |  | — |
Total income tax expense (benefit) (1) | $ | 522 |  |  | (9,647 | ) |  | (153 | )
(1) Includes $706,000 and $90,000 of tax expense presented within Other operating expenses during the year ended December 31, 2018 and 2017, respectively. Additionally, $184,000 and $153,000 of tax benefit is presented within Gain on sale of real estate (or Provision for impairment), net of tax, during the years ended December 31, 2018 and 2016, respectively.
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The TRS entities are subject to federal and state income taxes and file separate tax returns. Income tax expense (benefit) differed from the amounts computed by applying the U.S. Federal income tax rate to pretax income of the TRS entities, as follows:
| Year ended December 31,
(in thousands) | 2018 |  | 2017 |  | 2016
Computed expected tax expense (benefit) | $ | (584 | ) |  | 1,190 |  |  | 933 |
State income tax, net of federal benefit | 636 |  |  | 108 |  |  | 56 |
Valuation allowance | (392 | ) |  | (1,512 | ) |  | (1,239 | )
Tax rate change | — |  |  | (9,737 | ) |  | — |
Permanent items | 1,067 |  |  | — |  |  | — |
All other items | (205 | ) |  | 304 |  |  | 97 |
Total income tax expense (benefit) (1) | 522 |  |  | (9,647 | ) |  | (153 | )
Income tax expense (benefit) attributable to operations (1) | $ | 522 |  |  | (9,647 | ) |  | (153 | )
(1) Includes $706,000 and $90,000 of tax expense presented within Other operating expenses during the year ended December 31, 2018 and 2017, respectively. Additionally, $184,000 and $153,000 of tax benefit is presented within Gain on sale of real estate (or Provision for impairment), net of tax, during the years ended December 31, 2018 and 2016, respectively.
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The tax effects of temporary differences and carryforwards (included in Accounts payable and other liabilities in the accompanying Consolidated Balance Sheets) are summarized as follows:
| December 31,
(in thousands) | 2018 |  | 2017
Deferred tax assets |  |  |
Provision for impairment | 3,785 |  |  | 3,785 |
Deferred interest expense | 2,617 |  |  | 2,754 |
Capitalized costs under Section 263A | 713 |  |  | 729 |
Net operating loss carryforward | 166 |  |  | 373 |
Other | 2,123 |  |  | 2,297 |
Deferred tax assets | 9,404 |  |  | 9,938 |
Valuation allowance | (7,907 | ) |  | (8,300 | )
Deferred tax assets, net | 1,497 |  |  | 1,638 |
Deferred tax liabilities |  |  |
Straight line rent | (565 | ) |  | (528 | )
Fixed assets | (14,829 | ) |  | (19,757 | )
Other | — |  |  | (7 | )
Deferred tax liabilities | (15,394 | ) |  | (20,292 | )
Net deferred tax liabilities | $ | (13,897 | ) |  | (18,654 | )

X
- Definition Schedule of Tax Status of Dividends [Table Text Block] + References No definition available. + Details
Name: | reg_ScheduleOfTaxStatusOfDividendsTableTextBlock
Namespace Prefix: | reg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration