XML 40 R27.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Acquisition of Real Estate (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Real Estate [Abstract] |
Schedule of Business Acquisitions, by Acquisition | During the nine months ended September 30, 2017, the Company acquired the following for an aggregate purchase price, including transaction costs, of (dollars in thousands):
|  |  |  |  | Aggregate Purchase Price
Description | Location | Month Acquired | GLA |  | Cash |  | Debt Assumed |  | Total
Outparcel building adjacent to Annex of Arlington | Arlington Heights, IL | Feb-17 | 5,760 |  |  | $ | 1,006 |  |  | $ | — |  |  | $ | 1,006 |
Outparcel adjacent to Northeast Plaza | Atlanta, GA | Feb-17 | N/A |  |  | 1,537 |  |  | — |  |  | 1,537 |
Arborland Center | Ann Arbor, MI | Mar-17 | 403,536 |  |  | 102,268 |  |  | — |  |  | 102,268 |
Building adjacent to Preston Park | Plano, TX | Apr-17 | 31,080 |  |  | 4,015 |  |  | — |  |  | 4,015 |
Outparcel building adjacent to Cobblestone Village | St. Augustine, FL | May-17 | 4,403 |  |  | 1,306 |  |  | — |  |  | 1,306 |
Outparcel adjacent to Wynnewood Village | Dallas, TX | May-17 | N/A |  |  | 1,658 |  |  | — |  |  | 1,658 |
|  |  | 444,779 |  |  | $ | 111,790 |  |  | $ | — |  |  | $ | 111,790 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The aggregate purchase price of the properties acquired during the nine months ended September 30, 2017, has been allocated as follows:
|  |  | Nine Months Ended September 30, 2017
Assets
|  | Land | $ | 19,240 |
|  | Buildings | 75,286 |
|  | Building and tenant improvements | 9,177 |
|  | Above market rents | 2,381 |
|  | In-place leases | 8,608 |
Total assets | 114,692 |
Liabilities |
| Accounts payable, accrued expenses and other liabilities (below market leases) | 2,902 |
Total liabilities | 2,902 |
Net Assets Acquired | $ | 111,790 |

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

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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration