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Real Estate Investments | 12 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Real Estate Investments |
2. | Real Estate Investments
Acquisitions The following tables detail the shopping centers acquired or land acquired for development or redevelopment:
(in thousands) |  | December 31, 2019 |
Date Purchased |  | Property Name |  | City/State |  | Property Type |  | Purchase Price |  |  | Debt Assumed, Net of Premiums |  |  | Intangible Assets |  |  | Intangible Liabilities |
1/8/2019 |  | Pablo Plaza (1) |  | Jacksonville, FL |  | Operating |  | $ | 600 |  |  |  | — |  |  |  | — |  |  |  | — |
2/8/2019 |  | Melrose Market |  | Seattle, WA |  | Operating |  |  | 15,515 |  |  |  | — |  |  |  | 941 |  |  |  | 358 |
6/18/2019 |  | The Field at Commonwealth Ph II (2) |  | Chantilly, VA |  | Development |  |  | 4,083 |  |  |  | — |  |  |  | — |  |  |  | — |
6/21/2019 |  | Culver Public Market |  | Culver City, CA |  | Development |  |  | 1,279 |  |  |  | — |  |  |  | — |  |  |  | — |
6/28/2019 |  | 6401 Roosevelt |  | Seattle, WA |  | Operating |  |  | 3,550 |  |  |  | — |  |  |  | — |  |  |  | — |
7/1/2019 |  | The Pruneyard |  | Campbell, CA |  | Operating |  |  | 212,500 |  |  |  | — |  |  |  | 16,991 |  |  |  | 5,833 |
9/17/2019 |  | Circle Marina Center |  | Long Beach, CA |  | Operating |  |  | 50,000 |  |  |  | — |  |  |  | 3,717 |  |  |  | 962 |
Total property acquisitions |  |  |  |  | $ | 287,527 |  |  |  | — |  |  |  | 21,649 |  |  |  | 7,153 |
(1) | The Company purchased a land parcel adjacent to the Company’s existing operating Pablo Plaza for redevelopment.
(2) | The Company purchased The Field at Commonwealth Ph II, which is land adjacent to an existing operating property, for future development.
(in thousands) |  | December 31, 2018 |
Date Purchased |  | Property Name |  | City/State |  | Property Type |  | Purchase Price |  |  | Debt Assumed, Net of Premiums |  |  | Intangible Assets |  |  | Intangible Liabilities |
01/10/18 |  | Hewlett Crossing I & II |  | Hewlett, NY |  | Operating |  | $ | 30,900 |  |  |  | 9,700 |  |  |  | 3,114 |  |  |  | 1,868 |
04/03/18 |  | Rivertowns Square |  | Dobbs Ferry, NY |  | Operating |  |  | 68,933 |  |  |  | — |  |  |  | 4,993 |  |  |  | 5,554 |
12/14/18 |  | Pablo Plaza (1) |  | Jacksonville, FL |  | Operating |  |  | 1,310 |  |  |  | — |  |  |  | — |  |  |  | — |
12/27/18 |  | The Village at Hunter's Lake |  | Tampa, FL |  | Development |  |  | 1,812 |  |  |  | — |  |  |  | — |  |  |  | — |
12/31/18 |  | Carytown Exchange (2) |  | Richmond, VA |  | Development |  |  | 13,284 |  |  |  | — |  |  |  | 264 |  |  |  | — |
Total property acquisitions |  |  |  |  |  | $ | 116,239 |  |  |  | 9,700 |  |  |  | 8,371 |  |  |  | 7,422 |
(1) | The Company purchased a 5,000 square foot building adjacent to the Company's existing operating Pablo Plaza for redevelopment.
(2) | The Company closed on the Carytown Exchange development, with a partner contributing land valued at $13 million which is recorded within Limited partners' interest in consolidated partnerships in the accompanying Consolidated Balance Sheets.
Equity One Merger General On March 1, 2017, Regency completed its merger with Equity One, a NYSE listed shopping center company, whereby Equity One merged with and into Regency, with Regency continuing as the surviving public company. Under the terms of the Merger Agreement, each Equity One stockholder received 0.45 of a newly issued share of Regency common stock for each share of Equity One common stock owned immediately prior to the effective time of the merger resulting in approximately 65.5 million Regency common shares being issued to effect the merger, with a total purchase price of $5.2 billion. As part of the merger, Regency acquired 121 properties, including 8 properties held through co-investment partnerships. The consolidated net assets and results of operations of Equity One are included in the consolidated financial statements from the closing date, March 1, 2017, going forward and resulted in the following impact to Revenues and Net income attributable to common stockholders:
(in thousands) |  | Year ended December 31, 2017 |
Increase in total revenues |  | $ | 337,761 |
Increase in net income attributable to common stockholders |  | $ | 81,766 |
The Company incurred $80.7 million of merger-related transaction costs during the year ended December 31, 2017, which is recorded in Other operating expenses in the accompanying Consolidated Statements of Operations. Pro forma Information (unaudited) The following unaudited pro forma financial data includes the incremental revenues, operating expenses, depreciation and amortization, and costs of the Equity One acquisition as if it had occurred on January 1, 2016:
(in thousands, except per share data) |  | Year ended December 31, 2017 |
Total revenues |  | $ | 1,052,221 |
Income from operations (1) |  |  | 281,393 |
Net income attributable to common stockholders (1) |  |  | 262,270 |
Income per common share - basic |  |  | 1.54 |
Income per common share - diluted |  |  | 1.54 |
| (1) | The pro forma earnings for the year ended December 31, 2017, were adjusted to exclude $103.6 million of merger costs, as if they had occurred during 2016. |
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.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -URI http://asc.fasb.org/topic&trid=2156125 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 978 -URI http://asc.fasb.org/topic&trid=2134977 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 976 -URI http://asc.fasb.org/topic&trid=2134846 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 974 -URI http://asc.fasb.org/topic&trid=2156429 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 972 -URI http://asc.fasb.org/topic&trid=2134617 + Details
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