XML 27 R12.htm IDEA: XBRL DOCUMENT
v3.19.1

Dispositions and Assets Held for Sale | 3 Months Ended
--- | ---
Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Dispositions and Assets Held for Sale | Dispositions and Assets Held for Sale During the three months ended March 31, 2019, the Company disposed of three shopping centers for aggregate net proceeds of $44.9 million resulting in aggregate gain of $7.3 million. In addition, during the three months ended March 31, 2019, the Company received net proceeds of $0.3 million from previously disposed assets resulting in a gain of $0.3 million. During the three months ended March 31, 2018, the Company disposed of six shopping centers and one outparcel for aggregate net proceeds of $104.2 million resulting in aggregate gain of $11.4 million and aggregate impairment of $0.2 million. As of March 31, 2019, the Company had one property and one partial property held for sale. As of December 31, 2018, the Company had one property held for sale. The following table presents the assets and liabilities associated with the properties classified as held for sale:
Assets | March 31, 2019 |  | December 31, 2018
| Land | $ | 1,412 |  |  | $ | 1,220 |
| Buildings and improvements | 10,935 |  |  | 2,927 |
| Accumulated depreciation and amortization | (3,356 | ) |  | (1,334 | )
| Real estate, net | 8,991 |  |  | 2,813 |
| Other assets | 102 |  |  | 88 |
Assets associated with real estate assets held for sale | $ | 9,093 |  |  | $ | 2,901 |
Liabilities |  |  |
| Below-market leases | $ | 444 |  |  | $ | — |
Liabilities associated with real estate assets held for sale(1) | $ | 444 |  |  | $ | — |
(1) | These amounts are included in Accounts payable, accrued expenses and other liabilities on the Company’s unaudited Condensed Consolidated Balance Sheets.
There were no discontinued operations for the three months ended March 31, 2019 and 2018 as none of the dispositions represented a strategic shift in the Company’s business that would qualify as discontinued operations.

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

X
- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
Name: | us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration