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ACQUISITIONS | 9 Months Ended
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Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract] |
ACQUISITIONS | ACQUISITIONS The Company closed on the following asset acquisition during the nine months ended September 30, 2023 (dollars in thousands):
Date |  | Property Name |  | Metropolitan Statistical Area (“MSA”) |  | Property Type |  | Square Footage |  | Acquisition Price
September 22, 2023 |  | Prestonwood Place |  | Dallas |  | Multi-tenant retail |  | 155,975 |  |  | $ | 81,000 |
The Company closed on the following asset acquisitions during the nine months ended September 30, 2022 (dollars in thousands):
Date |  | Property Name |  | MSA |  | Property Type |  | Square Footage |  | Acquisition Price
February 16, 2022 |  | Pebble Marketplace |  | Las Vegas |  | Multi-tenant retail |  | 85,796 |  |  | $ | 44,100 |
April 13, 2022 |  | MacArthur Crossing |  | Dallas |  | Two-tenant building |  | 56,077 |  |  | 21,920 |
July 15, 2022 |  | Palms Plaza |  | Miami |  | Multi-tenant retail |  | 68,976 |  |  | 35,750 |
|  |  |  |  |  |  |  | 210,849 |  |  | $ | 101,770 |
The above acquisitions were funded using a combination of available cash on hand and proceeds from the Company’s unsecured revolving line of credit. Substantially all of the purchase price was allocated to investment properties.

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//805/tableOfContent + Details
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