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Subsequent Events | 9 Months Ended
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Sep. 30, 2019
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Dispositions Subsequent to September 30, 2019, the Company sold the following properties for cumulative proceeds of $31.6 million:
• | Beacon Hill in Crown Point, Indiana,
• | Publix at Acworth in Atlanta, Georgia, and
• | The Centre at Panola in Atlanta, Georgia
The proceeds from these sales were utilized to pay down outstanding indebtedness. As of September 30, 2019, total assets and total liabilities for these three properties were $21.8 million and $1.8 million, respectively. Each property was sold for a gain, and the Company expects to recognize gains aggregating to approximately $10 million during the quarter ended December 31, 2019 related to these disposals.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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