XML 28 R12.htm IDEA: XBRL DOCUMENT
v3.21.2

Real Estate Investments | 6 Months Ended
--- | ---
Jun. 30, 2021
Business Combinations [Abstract] |
Real Estate Investments |
2. | Real Estate Investments
The Company had no acquisitions of consolidated shopping centers during the six months ended June 30, 2021, as compared to those detailed in the table below for the six months ended June 30, 2020:
(in thousands) |  | Six months ended June 30, 2020 |
Date Purchased |  | Property Name |  | City/State |  | Property Type |  | Ownership |  |  | Purchase Price |  |  | Debt Assumed, Net of Premiums |  |  | Intangible Assets |  |  | Intangible Liabilities |
1/1/20 |  | Country Walk Plaza (1) |  | Miami, FL |  | Operating |  | 100% |  |  | $ | 39,625 |  |  |  | 16,359 |  |  |  | 3,294 |  |  |  | 2,452 |
(1) The purchase price presented above reflects the price for 100% of the property, of which the Company previously owned a 30% equity interest prior to acquiring the partner’s interest and gaining control. Subsequent to June 30, 2021, the Company completed the acquisition of the partner’s 80% interest in the seven properties held in the USAA partnership for a total purchase price of $178 million, including the $84 million assumption of the partner’s share of mortgage debt. The Company expects to recognize promote income of approximately $13 million.

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

X
- 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
Name: | us-gaap_RealEstateDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration