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Impairments | 3 Months Ended
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Mar. 31, 2019
Impairment of Real Estate [Abstract] |
Impairments | Impairments On a periodic basis, management assesses whether there are any indicators, including property operating performance, changes in anticipated holding period and general market conditions, that the value of the Company’s real estate assets (including any related intangible assets or liabilities) may be impaired. If management determines that the carrying value of a real estate asset is impaired, a loss is recognized to reflect the estimated fair value. The Company recognized the following impairments during the three months ended March 31, 2019:
Three Months Ended March 31, 2019
Property Name(1) |  | Location |  | GLA |  | Impairment Charge
Brice Park |  | Reynoldsburg, OH |  | 158,565 |  |  | $ | 3,112 |
|  |  |  | 158,565 |  |  | $ | 3,112 |
(1) | The Company recognized an impairment charge based upon a change in the estimated hold period of this property in connection with the Company’s capital recycling program.
The Company recognized the following impairments during the three months ended March 31, 2018:
Three Months Ended March 31, 2018
Property Name(1) |  | Location |  | GLA |  | Impairment Charge
Southland Shopping Plaza(2) |  | Toledo, OH |  | 285,278 |  |  | $ | 6,942 |
Roundtree Place(2) |  | Ypsilanti, MI |  | 246,620 |  |  | 3,772 |
Skyway Plaza |  | St. Petersburg, FL |  | 110,799 |  |  | 3,639 |
Pensacola Square(2) |  | Pensacola, FL |  | 142,767 |  |  | 1,345 |
Crossroads Centre(2) |  | Fairview Heights, IL |  | 242,752 |  |  | 204 |
|  |  |  | 1,028,216 |  |  | $ | 15,902 |
(1) | The Company recognized impairment charges based upon a change in the estimated hold period of these properties in connection with the Company’s capital recycling program.
(2) | The Company disposed of this property during the year ended December 31, 2018.
The Company can provide no assurance that material impairment charges with respect to its Portfolio will not occur in future periods. See Note 3 for additional information regarding impairment charges taken in connection with the Company’s dispositions. See Note 8 for additional information regarding the fair value of operating properties which have been impaired.

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- Definition Impairment of real estate [Text Block] + References No definition available. + Details
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