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Schedule III - Real Estate Assets and Accumulated Depreciation
12 Months Ended
Dec. 31, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III-Real Estate Assets and Accumulated Depreciation
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Lakeside Plaza
Salem, VA
$

 
$
3,344

$
5,247

 
$
254

 
$
3,398

$
5,447

$
8,845

 
$
2,079

 
1988
 
12/10/2010
Snow View Plaza
Parma, OH

 
4,104

6,432

 
467

 
4,293

6,710

11,003

 
2,923

 
1981/2008
 
12/15/2010
St. Charles Plaza
Haines City, FL

 
4,090

4,399

 
212

 
4,105

4,596

8,701

 
2,093

 
2007
 
6/10/2011
Centerpoint
Easley, SC

 
2,404

4,361

 
960

 
2,749

4,976

7,725

 
1,680

 
2002
 
10/14/2011
Southampton Village
Tyrone, GA

 
2,670

5,176

 
901

 
2,826

5,921

8,747

 
1,917

 
2003
 
10/14/2011
Burwood Village Center
Glen Burnie, MD

 
5,447

10,167

 
356

 
5,584

10,386

15,970

 
3,623

 
1971
 
11/9/2011
Cureton Town Center
Waxhaw, NC

 
5,896

6,197

 
974

 
5,655

7,412

13,067

 
2,729

 
2006
 
12/29/2011
Tramway Crossing
Sanford, NC

 
2,016

3,070

 
639

 
2,314

3,411

5,725

 
1,373

 
1996/2000
 
2/23/2012
Westin Centre
Fayetteville, NC

 
2,190

3,499

 
555

 
2,438

3,806

6,244

 
1,463

 
1996/1999
 
2/23/2012
The Village at Glynn Place
Brunswick, GA

 
5,202

6,095

 
388

 
5,268

6,417

11,685

 
2,994

 
1996
 
4/27/2012
Meadowthorpe Shopping Center
Lexington, KY

 
4,093

4,185

 
492

 
4,380

4,390

8,770

 
1,692

 
1989/2008
 
5/9/2012
New Windsor Marketplace
Windsor, CO

 
3,867

1,329

 
443

 
4,038

1,601

5,639

 
837

 
2003
 
5/9/2012
Vine Street Square
Kissimmee, FL

 
7,049

5,618

 
368

 
7,076

5,959

13,035

 
2,355

 
1996/2011
 
6/4/2012
Northtowne Square
Gibsonia, PA

 
2,844

7,210

 
598

 
3,330

7,322

10,652

 
3,047

 
1993
 
6/19/2012
Brentwood Commons
Bensenville, IL

 
6,106

8,025

 
886

 
6,145

8,872

15,017

 
2,693

 
1981/2001
 
7/5/2012
Sidney Towne Center
Sidney, OH

 
1,430

3,802

 
1,193

 
1,953

4,472

6,425

 
1,752

 
1981/2007
 
8/2/2012
Broadway Plaza
Tucson, AZ
6,198

 
4,979

7,169

 
1,008

 
5,433

7,723

13,156

 
2,660

 
1982-1995
 
8/13/2012
Richmond Plaza
Augusta, GA

 
7,157

11,244

 
1,357

 
7,433

12,325

19,758

 
4,010

 
1980/2009
 
8/30/2012
Publix at Northridge
Sarasota, FL

 
5,671

5,632

 
350

 
5,753

5,900

11,653

 
1,845

 
2003
 
8/30/2012
Baker Hill Center
Glen Ellyn, IL

 
7,068

13,737

 
1,240

 
7,229

14,816

22,045

 
3,957

 
1998
 
9/6/2012
New Prague Commons
New Prague, MN

 
3,248

6,605

 
146

 
3,360

6,639

9,999

 
1,858

 
2008
 
10/12/2012
Brook Park Plaza
Brook Park, OH
947

 
2,545

7,594

 
548

 
2,737

7,950

10,687

 
2,389

 
2001
 
10/23/2012
Heron Creek Towne Center
North Port, FL

 
4,062

4,082

 
168

 
4,102

4,210

8,312

 
1,388

 
2001
 
12/17/2012
Quartz Hill Towne Centre
Lancaster, CA

 
6,352

13,529

 
301

 
6,482

13,700

20,182

 
3,385

 
1991/2012
 
12/26/2012
Hilfiker Square
Salem, OR

 
2,455

4,750

 
50

 
2,498

4,757

7,255

 
1,089

 
1984/2011
 
12/28/2012
Village One Plaza
Modesto, CA

 
5,166

18,752

 
486

 
5,223

19,181

24,404

 
3,896

 
2007
 
12/28/2012
Butler Creek
Acworth, GA

 
3,925

6,129

 
929

 
4,251

6,732

10,983

 
1,889

 
1989
 
1/15/2013
Fairview Oaks
Ellenwood, GA

 
3,563

5,266

 
274

 
3,714

5,389

9,103

 
1,503

 
1996
 
1/15/2013
Grassland Crossing
Alpharetta, GA

 
3,680

5,791

 
687

 
3,790

6,368

10,158

 
1,794

 
1996
 
1/15/2013
Hamilton Ridge
Buford, GA

 
4,054

7,168

 
534

 
4,163

7,593

11,756

 
2,047

 
2002
 
1/15/2013
Mableton Crossing
Mableton, GA

 
4,426

6,413

 
932

 
4,591

7,180

11,771

 
1,927

 
1997
 
1/15/2013
The Shops at Westridge
McDonough, GA

 
2,788

3,901

 
461

 
2,807

4,343

7,150

 
1,239

 
2006
 
1/15/2013
Fairlawn Town Centre
Fairlawn, OH

 
10,397

29,005

 
2,042

 
10,928

30,516

41,444

 
8,232

 
1962/1996
 
1/30/2013
Macland Pointe
Marietta, GA

 
3,450

5,364

 
825

 
3,720

5,919

9,639

 
1,712

 
1992
 
2/13/2013
Murray Landing
Irmo, SC

 
2,927

6,856

 
1,339

 
3,160

7,962

11,122

 
1,730

 
2003
 
3/21/2013
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Vineyard Center
Tallahassee, FL

 
2,761

4,221

 
276

 
2,817

4,441

7,258

 
1,126

 
2002
 
3/21/2013
Kleinwood Center
Spring, TX

 
11,477

18,954

 
848

 
11,593

19,686

31,279

 
4,763

 
2003
 
3/21/2013
Lutz Lake Crossing
Lutz, FL

 
2,636

6,601

 
314

 
2,719

6,832

9,551

 
1,483

 
2002
 
4/4/2013
Publix at Seven Hills
Spring Hill, FL

 
2,171

5,642

 
560

 
2,407

5,966

8,373

 
1,360

 
1991/2006
 
4/4/2013
Hartville Centre
Hartville, OH

 
2,069

3,692

 
1,335

 
2,383

4,713

7,096

 
1,167

 
1988/2008
 
4/23/2013
Sunset Center
Corvallis, OR

 
7,933

14,939

 
647

 
7,998

15,521

23,519

 
3,357

 
1998/2000
 
5/31/2013
Savage Town Square
Savage, MN

 
4,106

9,409

 
227

 
4,230

9,512

13,742

 
2,144

 
2003
 
6/19/2013
Northcross
Austin, TX

 
30,725

25,627

 
900

 
30,913

26,339

57,252

 
5,691

 
1975/2006/2010
 
6/24/2013
Glenwood Crossing
Kenosha, WI

 
1,872

9,914

 
419

 
1,938

10,267

12,205

 
1,906

 
1992
 
6/27/2013
Pavilions at San Mateo
Albuquerque, NM

 
6,471

18,725

 
754

 
6,649

19,301

25,950

 
3,886

 
1997
 
6/27/2013
Shiloh Square
Kennesaw, GA

 
4,685

8,728

 
1,094

 
4,804

9,703

14,507

 
2,025

 
1996/2003
 
6/27/2013
Boronda Plaza
Salinas, CA

 
9,027

11,870

 
424

 
9,128

12,193

21,321

 
2,430

 
2003/2006
 
7/3/2013
Westwoods Shopping Center
Arvada, CO

 
3,706

11,115

 
379

 
3,946

11,254

15,200

 
2,287

 
2003
 
8/8/2013
Paradise Crossing
Lithia Springs, GA

 
2,204

6,064

 
574

 
2,360

6,482

8,842

 
1,341

 
2000
 
8/13/2013
Contra Loma Plaza
Antioch, CA

 
2,846

3,926

 
1,483

 
3,430

4,825

8,255

 
881

 
1989
 
8/19/2013
South Oaks Plaza
St. Louis, MO

 
1,938

6,634

 
363

 
2,020

6,915

8,935

 
1,338

 
1969/1987
 
8/21/2013
Yorktown Centre
Erie, PA

 
3,736

15,395

 
1,136

 
3,988

16,279

20,267

 
3,788

 
1989/2013
 
8/30/2013
Stockbridge Commons
Fort Mill, SC

 
4,818

9,281

 
427

 
4,910

9,616

14,526

 
2,015

 
2003/2012
 
9/3/2013
Dyer Crossing
Dyer, IN
9,810

 
6,017

10,214

 
359

 
6,148

10,442

16,590

 
2,178

 
2004/2005
 
9/4/2013
East Burnside Plaza
Portland, OR

 
2,484

5,422

 
83

 
2,554

5,435

7,989

 
884

 
1955/1999
 
9/12/2013
Red Maple Village
Tracy, CA

 
9,250

19,466

 
288

 
9,384

19,620

29,004

 
3,256

 
2009
 
9/18/2013
Crystal Beach Plaza
Palm Harbor, FL

 
2,335

7,918

 
423

 
2,400

8,276

10,676

 
1,553

 
2010
 
9/25/2013
CitiCentre Plaza
Carroll, IA

 
770

2,530

 
251

 
982

2,569

3,551

 
605

 
1991/1995
 
10/2/2013
Duck Creek Plaza
Bettendorf, IA

 
4,611

13,007

 
991

 
5,102

13,507

18,609

 
2,613

 
2005/2006
 
10/8/2013
Cahill Plaza
Inver Grove Heights, MN

 
2,587

5,113

 
560

 
2,876

5,384

8,260

 
1,110

 
1995
 
10/9/2013
Pioneer Plaza
Springfield, OR

 
4,948

5,680

 
456

 
5,117

5,967

11,084

 
1,275

 
1989/2008
 
10/18/2013
Fresh Market
Normal, IL

 
4,459

17,773

 
443

 
4,746

17,929

22,675

 
2,106

 
2002
 
10/22/2013
Courthouse Marketplace
Virginia Beach, VA

 
6,131

8,061

 
846

 
6,388

8,650

15,038

 
1,671

 
2005
 
10/25/2013
Hastings Marketplace
Hastings, MN

 
3,980

10,044

 
273

 
4,118

10,179

14,297

 
2,012

 
2002
 
11/6/2013
Shoppes of Paradise Lakes
Miami, FL
5,484

 
5,811

6,019

 
411

 
6,037

6,204

12,241

 
1,409

 
1999
 
11/7/2013
Coquina Plaza
Davie, FL
6,715

 
9,458

11,770

 
406

 
9,512

12,122

21,634

 
2,262

 
1998
 
11/7/2013
Butler’s Crossing
Watkinsville, GA

 
1,338

6,682

 
783

 
1,395

7,408

8,803

 
1,422

 
1997
 
11/7/2013
Lakewood Plaza
Spring Hill, FL

 
4,495

10,028

 
655

 
4,534

10,644

15,178

 
2,306

 
1993/1997
 
11/7/2013
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Collington Plaza
Bowie, MD

 
12,207

15,142

 
540

 
12,379

15,510

27,889

 
2,744

 
1996
 
11/21/2013
Golden Town Center
Golden, CO

 
7,066

10,166

 
1,265

 
7,305

11,192

18,497

 
2,239

 
1993/2003
 
11/22/2013
Northstar Marketplace
Ramsey, MN

 
2,810

9,204

 
482

 
2,848

9,648

12,496

 
1,921

 
2004
 
11/27/2013
Bear Creek Plaza
Petoskey, MI

 
5,677

17,611

 
115

 
5,737

17,666

23,403

 
3,398

 
1998/2009
 
12/19/2013
Flag City Station
Findlay, OH

 
4,685

9,630

 
411

 
4,775

9,951

14,726

 
2,119

 
1992
 
12/19/2013
Southern Hills Crossing
Moraine, OH

 
778

1,481

 
53

 
801

1,511

2,312

 
357

 
2002
 
12/19/2013
Sulphur Grove
Huber Heights, OH

 
553

2,142

 
129

 
605

2,219

2,824

 
399

 
2004
 
12/19/2013
East Side Square
Springfield, OH

 
394

963

 
64

 
407

1,014

1,421

 
236

 
2007
 
12/19/2013
Hoke Crossing
Clayton, OH

 
481

1,059

 
220

 
509

1,251

1,760

 
239

 
2006
 
12/19/2013
Town & Country Shopping Center
Noblesville, IN

 
7,360

16,269

 
266

 
7,371

16,524

23,895

 
3,474

 
1998
 
12/19/2013
Sterling Pointe Center
Lincoln, CA

 
7,038

20,822

 
1,101

 
7,255

21,706

28,961

 
3,373

 
2004
 
12/20/2013
Southgate Shopping Center
Des Moines, IA

 
2,434

8,357

 
623

 
2,760

8,654

11,414

 
1,729

 
1972/2013
 
12/20/2013
Arcadia Plaza
Phoenix, AZ

 
5,774

6,904

 
494

 
5,901

7,271

13,172

 
1,400

 
1980
 
12/30/2013
Stop & Shop Plaza
Enfield, CT
12,385

 
8,892

15,028

 
793

 
9,202

15,511

24,713

 
2,939

 
1988
 
12/30/2013
Fairacres Shopping Center
Oshkosh, WI

 
3,542

5,190

 
395

 
3,776

5,351

9,127

 
1,303

 
1992/2013
 
1/21/2014
Savoy Plaza
Savoy, IL

 
4,304

10,895

 
448

 
4,373

11,274

15,647

 
2,264

 
1999/2007
 
1/31/2014
The Shops of Uptown
Park Ridge, IL

 
7,744

16,884

 
537

 
7,857

17,308

25,165

 
2,700

 
2006
 
2/25/2014
Chapel Hill North
Chapel Hill, NC
7,196

 
4,776

10,190

 
783

 
5,009

10,740

15,749

 
2,034

 
1998
 
2/28/2014
Winchester Gateway
Winchester, VA

 
9,342

23,468

 
1,659

 
9,548

24,921

34,469

 
4,037

 
2006
 
3/5/2014
Stonewall Plaza
Winchester, VA

 
7,929

16,642

 
605

 
7,954

17,222

25,176

 
2,911

 
2007
 
3/5/2014
Coppell Market Center
Coppell, TX
12,359

 
4,869

12,237

 
89

 
4,917

12,278

17,195

 
2,038

 
2008
 
3/5/2014
Harrison Pointe
Cary, NC

 
10,006

11,208

 
422

 
10,155

11,481

21,636

 
2,718

 
2002
 
3/11/2014
Town Fair Center
Louisville, KY

 
8,108

14,411

 
2,712

 
8,339

16,892

25,231

 
3,162

 
1988/1994
 
3/12/2014
Villages at Eagles Landing
Stockbridge, GA
2,096

 
2,824

5,515

 
538

 
2,940

5,937

8,877

 
1,311

 
1995
 
3/13/2014
Towne Centre at Wesley Chapel
Wesley Chapel, FL

 
2,465

5,554

 
201

 
2,574

5,646

8,220

 
1,063

 
2000
 
3/14/2014
Dean Taylor Crossing
Suwanee, GA

 
3,903

8,192

 
181

 
3,995

8,281

12,276

 
1,707

 
2000
 
3/14/2014
Champions Gate Village
Davenport, FL

 
1,813

6,060

 
211

 
1,880

6,204

8,084

 
1,225

 
2001
 
3/14/2014
Goolsby Pointe
Riverview, FL

 
4,131

5,341

 
284

 
4,169

5,587

9,756

 
1,183

 
2000
 
3/14/2014
Statler Square
Staunton, VA
7,636

 
4,108

9,072

 
743

 
4,523

9,400

13,923

 
1,827

 
1989
 
3/21/2014
Burbank Plaza
Burbank, IL

 
2,971

4,546

 
3,110

 
3,477

7,150

10,627

 
1,153

 
1972/1995
 
3/25/2014
Hamilton Village
Chattanooga, TN

 
11,691

18,968

 
1,508

 
12,234

19,933

32,167

 
3,956

 
1989
 
4/3/2014
Waynesboro Plaza
Waynesboro, VA

 
5,597

8,334

 
102

 
5,642

8,391

14,033

 
1,593

 
2005
 
4/30/2014
Southwest Marketplace
Las Vegas, NV

 
16,019

11,270

 
2,064

 
16,080

13,273

29,353

 
2,336

 
2008
 
5/5/2014
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Hampton Village
Taylors, SC

 
5,456

7,254

 
2,580

 
5,741

9,549

15,290

 
1,776

 
1959/1998
 
5/21/2014
Central Station
Louisville, KY

 
6,144

6,931

 
1,451

 
6,380

8,146

14,526

 
1,446

 
2005/2007
 
5/23/2014
Kirkwood Market Place
Houston, TX

 
5,786

9,697

 
392

 
5,897

9,978

15,875

 
1,607

 
1979/2008
 
5/23/2014
Fairview Plaza
New Cumberland, PA

 
2,787

8,500

 
186

 
2,879

8,594

11,473

 
1,343

 
1992/1999
 
5/27/2014
Broadway Promenade
Sarasota, FL

 
3,832

6,795

 
176

 
3,863

6,940

10,803

 
1,067

 
2007
 
5/28/2014
Townfair Shopping Center
Indiana, PA
14,142

 
7,007

13,233

 
1,049

 
7,190

14,099

21,289

 
2,421

 
1995/2010
 
5/29/2014
Deerwood Lake Commons
Jacksonville, FL

 
2,198

8,878

 
431

 
2,290

9,217

11,507

 
1,400

 
2003
 
5/30/2014
Heath Brook Commons
Ocala, FL

 
3,470

8,353

 
340

 
3,528

8,635

12,163

 
1,399

 
2002
 
5/30/2014
Park View Square
Miramar, FL

 
5,701

9,303

 
415

 
5,737

9,682

15,419

 
1,547

 
2003
 
5/30/2014
St. Johns Commons
Jacksonville, FL

 
1,599

10,387

 
553

 
1,731

10,808

12,539

 
1,620

 
2003
 
5/30/2014
West Creek Commons
Coconut Creek, FL
6,079

 
7,404

12,710

 
590

 
7,526

13,178

20,704

 
1,821

 
2003
 
5/30/2014
Lovejoy Village
Jonesboro, GA

 
1,296

7,029

 
550

 
1,352

7,523

8,875

 
1,118

 
2001
 
6/3/2014
The Orchards
Yakima, WA

 
5,425

8,743

 
269

 
5,596

8,841

14,437

 
1,480

 
2002
 
6/3/2014
Hannaford Plaza
Waltham, MA

 
4,614

7,903

 
228

 
4,715

8,030

12,745

 
1,139

 
1950/1993
 
6/23/2014
Shaw’s Plaza Easton
Easton, MA

 
5,520

7,173

 
412

 
5,727

7,378

13,105

 
1,323

 
1984/2004
 
6/23/2014
Shaw’s Plaza Hanover
Hanover, MA

 
2,826

5,314

 
10

 
2,826

5,324

8,150

 
855

 
1994
 
6/23/2014
Cushing Plaza
Cohasset, MA

 
5,752

14,796

 
345

 
6,029

14,864

20,893

 
2,071

 
1997
 
6/23/2014
Lynnwood Place
Jackson, TN

 
3,341

4,826

 
1,190

 
3,523

5,834

9,357

 
1,154

 
1986/2013
 
7/28/2014
Battle Ridge Pavilion
Marietta, GA

 
3,124

9,866

 
296

 
3,220

10,066

13,286

 
1,584

 
1999
 
8/1/2014
Thompson Valley Towne Center
Loveland, CO
5,912

 
5,759

17,387

 
913

 
5,961

18,098

24,059

 
2,718

 
1999
 
8/1/2014
Lumina Commons
Wilmington, NC
8,296

 
2,006

11,250

 
469

 
2,046

11,679

13,725

 
1,552

 
1974/2007
 
8/4/2014
Driftwood Village
Ontario, CA

 
6,811

12,993

 
924

 
7,176

13,552

20,728

 
2,059

 
1985
 
8/7/2014
French Golden Gate
Bartow, FL

 
2,599

12,877

 
1,278

 
2,671

14,083

16,754

 
1,901

 
1960/2011
 
8/28/2014
Orchard Square
Washington Township, MI
6,539

 
1,361

11,550

 
198

 
1,427

11,682

13,109

 
1,727

 
1999
 
9/8/2014
Trader Joe’s Center
Dublin, OH

 
2,338

7,922

 
664

 
2,520

8,404

10,924

 
1,314

 
1986
 
9/11/2014
Palmetto Pavilion
North Charleston, SC

 
2,509

8,526

 
494

 
2,946

8,583

11,529

 
1,236

 
2003
 
9/11/2014
Five Town Plaza
Springfield, MA

 
8,912

19,635

 
4,719

 
9,901

23,365

33,266

 
3,960

 
1970/2013
 
9/24/2014
Beavercreek Towne Center
Beavercreek, OH

 
14,055

30,799

 
413

 
14,367

30,900

45,267

 
5,017

 
1994
 
10/24/2014
Fairfield Crossing
Beavercreek, OH

 
3,571

10,026

 
69

 
3,605

10,061

13,666

 
1,484

 
1994
 
10/24/2014
Grayson Village
Loganville, GA

 
3,952

5,620

 
404

 
4,006

5,970

9,976

 
1,351

 
2002
 
10/24/2014
The Fresh Market Commons
Pawleys Island, SC

 
2,442

4,941

 
76

 
2,442

5,017

7,459

 
774

 
2011
 
10/28/2014
Claremont Village
Everett, WA

 
5,511

10,544

 
880

 
5,741

11,194

16,935

 
1,633

 
1994/2012
 
11/6/2014
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Juan Tabo Plaza
Albuquerque, NM

 
2,466

4,568

 
573

 
2,592

5,015

7,607

 
989

 
1975/1989
 
11/12/2014
Cherry Hill Marketplace
Westland, MI

 
4,641

10,137

 
1,934

 
4,858

11,854

16,712

 
1,710

 
1992/2000
 
12/17/2014
Shoppes at Ardrey Kell
Charlotte, NC

 
6,724

8,150

 
648

 
6,850

8,672

15,522

 
1,459

 
2008
 
12/17/2014
Nor'Wood Shopping Center
Colorado Springs, CO

 
5,358

6,684

 
453

 
5,429

7,066

12,495

 
1,216

 
2003
 
1/8/2015
Sunburst Plaza
Glendale, AZ

 
3,435

6,041

 
519

 
3,527

6,468

9,995

 
1,204

 
1970
 
2/11/2015
Rivermont Station
Alpharetta, GA
2,191

 
6,876

8,917

 
714

 
7,098

9,409

16,507

 
1,923

 
1996/2003
 
2/27/2015
Breakfast Point Marketplace
Panama City Beach, FL

 
5,579

12,051

 
467

 
5,769

12,328

18,097

 
1,661

 
2009/2010
 
3/13/2015
Falcon Valley
Lenexa, KS

 
3,131

6,874

 
215

 
3,312

6,908

10,220

 
1,024

 
2008/2009
 
3/13/2015
Lake Wales
Lake Wales, FL

 
1,273

2,164

 

 
1,273

2,164

3,437

 
323

 
1998
 
3/13/2015
Lakeshore Crossing
Gainesville, GA

 
3,857

5,937

 
32

 
3,857

5,969

9,826

 
1,140

 
1993/1994
 
3/13/2015
Onalaska
Onalaska, WI

 
2,669

5,648

 
1

 
2,670

5,648

8,318

 
938

 
1992/1993
 
3/13/2015
Coronado Center
Santa Fe, NM

 
4,395

16,461

 
1,573

 
4,464

17,965

22,429

 
1,870

 
1964
 
5/1/2015
Northwoods Crossing
Taunton, MA

 
10,092

14,437

 
195

 
10,230

14,494

24,724

 
1,826

 
2003/2010
 
5/24/2016
Murphy Marketplace
Murphy, TX

 
28,652

33,122

 
452

 
28,828

33,398

62,226

 
2,393

 
2008/2015
 
6/24/2016
Harbour Village
Jacksonville, FL

 
5,630

16,727

 
473

 
5,910

16,920

22,830

 
1,005

 
2006
 
9/22/2016
Oak Mill Plaza
Niles, IL
1,242

 
6,843

13,692

 
689

 
7,288

13,936

21,224

 
1,179

 
1977
 
10/3/2016
Southern Palms
Tempe, AZ
24,350

 
10,026

24,346

 
416

 
10,279

24,509

34,788

 
1,659

 
1982
 
10/26/2016
Golden Eagle Village
Clermont, FL
7,455

 
3,068

7,735

 
230

 
3,098

7,935

11,033

 
471

 
2011
 
10/27/2016
Georgesville Square
Columbus, OH

 
11,137

19,663

 
593

 
11,415

19,978

31,393

 
1,313

 
1996
 
12/15/2016
Atwater Marketplace
Atwater, CA

 
6,116

7,597

 
357

 
6,280

7,790

14,070

 
437

 
2008
 
2/10/2017
Rocky Ridge Station
Roseville, CA
22,049

 
5,449

29,207

 
215

 
5,571

29,300

34,871

 
762

 
1996
 
4/18/2017
Greentree Station
Racine, WI

 
2,955

8,718

 
461

 
3,244

8,890

12,134

 
289

 
1989/1994
 
5/5/2017
Titusville Station
Titusville, FL

 
3,632

9,133

 
487

 
3,828

9,424

13,252

 
305

 
1985/2011
 
6/15/2017
Sierra Station
Corona, CA
7,603

 
9,011

17,989

 
701

 
9,174

18,527

27,701

 
429

 
1991
 
6/20/2017
Hoffman Station
Hoffman Estates, IL

 
8,941

22,871

 
310

 
9,160

22,962

32,122

 
357

 
1987
 
9/5/2017
Winter Springs Town Center
Winter Springs, FL

 
4,871

18,892

 
86

 
4,943

18,906

23,849

 
140

 
2002
 
10/20/2017
Flynn Crossing Center
Alpharetta, GA

 
6,581

16,075

 
1

 
6,582

16,075

22,657

 
126

 
2004
 
10/26/2017
Vaughn's at East North
Greenville, SC

 
1,704

3,077

 
101

 
1,704

3,178

4,882

 
78

 
1979
 
10/4/2017
Ashland Junction
Ashland, VA

 
4,987

6,043

 
107

 
5,058

6,079

11,137

 
144

 
1989
 
10/4/2017
Barclay Place Shopping Center
Lakeland, FL

 
1,984

7,061

 
237

 
2,012

7,270

9,282

 
122

 
1989
 
10/4/2017
Barnwell Plaza
Barnwell, SC

 
1,190

1,883

 

 
1,190

1,883

3,073

 
69

 
1985
 
10/4/2017
Birdneck Shopping Center
Virginia Beach, VA

 
1,900

3,249

 
147

 
1,925

3,371

5,296

 
63

 
1987
 
10/4/2017
Cactus Village
Phoenix, AZ

 
4,313

5,854

 
199

 
4,313

6,053

10,366

 
86

 
1986
 
10/4/2017
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Centre Stage Shopping Center
Springfield, TN

 
4,746

9,519

 
55

 
4,792

9,528

14,320

 
160

 
1989
 
10/4/2017
Civic Center
Cincinnati, OH

 
2,448

1,961

 
(19
)
 
2,448

1,942

4,390

 
109

 
1986
 
10/4/2017
Countryside Shopping Center
Port Orange, FL

 
2,923

12,288

 
186

 
2,949

12,448

15,397

 
169

 
1983
 
10/4/2017
Crossroads Plaza
Asheboro, NC

 
1,722

2,718

 
69

 
1,760

2,749

4,509

 
63

 
1984
 
10/4/2017
Dunlop Village
Colonial Heights, VA

 
2,420

4,892

 
235

 
2,420

5,127

7,547

 
78

 
1987
 
10/4/2017
Edgecombe Square
Tarboro, NC

 
1,412

2,258

 
221

 
1,412

2,479

3,891

 
82

 
1990
 
10/4/2017
Emporia West Plaza
Emporia, KS

 
872

3,380

 
108

 
872

3,488

4,360

 
65

 
1980/2000
 
10/4/2017
Fairview Park Plaza
Centralia, IL

 
3,913

12,225

 
127

 
3,913

12,352

16,265

 
353

 
1969/1998
 
10/4/2017
Forest Park Square
Cincinnati, OH

 
4,007

5,789

 
105

 
4,007

5,894

9,901

 
121

 
1988
 
10/4/2017
Gateway Plaza
Sumter, SC

 
2,330

8,092

 
13

 
2,330

8,105

10,435

 
98

 
1989
 
10/4/2017
Geist Centre
Indianapolis, IN

 
3,873

6,760

 
27

 
3,873

6,787

10,660

 
99

 
1989
 
10/4/2017
Goshen Station
Goshen, OH

 
1,555

4,616

 
11

 
1,561

4,621

6,182

 
98

 
1973/2003
 
10/4/2017
Governors Square
Montgomery, AL

 
6,460

9,772

 
249

 
6,460

10,021

16,481

 
185

 
1960/2000
 
10/4/2017
Greenwood West Shopping Center
Greenwood, MS

 
1,224

5,674

 
105

 
1,223

5,780

7,003

 
125

 
1989
 
10/4/2017
Guadalupe Plaza
Albuquerque, NM

 
2,920

7,885

 
47

 
2,920

7,932

10,852

 
98

 
1985
 
10/4/2017
The Village Shopping Center
Mooresville, IN

 
2,363

8,145

 
678

 
2,363

8,823

11,186

 
133

 
1965/1997
 
10/4/2017
Heritage Oaks
Gridley, CA
5,190

 
2,390

7,404

 
13

 
2,390

7,417

9,807

 
144

 
1979
 
10/4/2017
Hickory Plaza
Nashville, TN
5,136

 
2,927

5,099

 
4

 
2,927

5,103

8,030

 
82

 
1974/1986
 
10/4/2017
Highland Fair
Gresham, OR
7,332

 
3,263

7,912

 
172

 
3,264

8,083

11,347

 
98

 
1984/1999
 
10/4/2017
High Point Village
Bellefontaine, OH

 
3,386

7,433

 
95

 
3,386

7,528

10,914

 
172

 
1988
 
10/4/2017
Jackson Village
Jackson, KY

 
1,606

6,952

 
243

 
1,612

7,189

8,801

 
149

 
1985/1996
 
10/4/2017
Mayfair Village
Hurst, TX

 
15,343

16,439

 
151

 
15,343

16,590

31,933

 
246

 
1981/2004
 
10/4/2017
LaPlata Plaza
La Plata, MD

 
8,434

22,838

 
50

 
8,456

22,866

31,322

 
261

 
2003
 
10/4/2017
Lafayette Square
Lafayette, IN
7,703

 
5,387

5,636

 
40

 
5,387

5,676

11,063

 
239

 
1963/2001
 
10/4/2017
Landen Square
Maineville, OH

 
2,081

3,462

 
80

 
2,081

3,542

5,623

 
78

 
1981/2003
 
10/4/2017
Marion City Square
Marion, NC

 
2,811

6,103

 
267

 
2,846

6,335

9,181

 
164

 
1987
 
10/4/2017
Melbourne Village Plaza
Melbourne, FL

 
5,418

7,218

 
551

 
5,508

7,679

13,187

 
191

 
1987
 
10/4/2017
Commerce Square
Brownwood, TX

 
6,027

8,267

 
218

 
6,027

8,485

14,512

 
161

 
1969/2007
 
10/4/2017
Upper Deerfield Plaza
Bridgeton, NJ

 
5,073

5,770

 
437

 
5,073

6,207

11,280

 
197

 
1977/1994
 
10/4/2017
Monfort Heights
Cincinnati, OH

 
2,357

3,545

 
9

 
2,357

3,554

5,911

 
59

 
1987
 
10/4/2017
Mountain Park Plaza
Roswell, GA
6,814

 
6,118

6,637

 
31

 
6,118

6,668

12,786

 
92

 
1988/2003
 
10/4/2017
Nordan Shopping Center
Danville, VA

 
1,911

6,691

 
125

 
1,911

6,816

8,727

 
111

 
1961/2002
 
10/4/2017
Northside Plaza
Clinton, NC

 
1,406

5,122

 
467

 
1,416

5,579

6,995

 
98

 
1982
 
10/4/2017
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Page Plaza
Page, AZ

 
2,553

4,277

 
139

 
2,559

4,410

6,969

 
100

 
1982/1990
 
10/4/2017
Palmetto Plaza
Sumter, SC

 
2,732

7,193

 
202

 
2,739

7,388

10,127

 
105

 
1964/2002
 
10/4/2017
Park Place Plaza
Port Orange, FL

 
2,347

8,303

 
183

 
2,370

8,463

10,833

 
125

 
1984
 
10/4/2017
Parkway Station
Warner Robins, GA

 
3,416

5,170

 
318

 
3,416

5,488

8,904

 
110

 
1982
 
10/4/2017
Parsons Village
Seffner, FL
5,048

 
3,465

10,747

 
128

 
3,471

10,869

14,340

 
158

 
1983/1994
 
10/4/2017
Portland Village
Portland, TN

 
1,408

5,214

 
44

 
1,408

5,258

6,666

 
83

 
1984
 
10/4/2017
Promenade Shopping Center
Jacksonville, FL

 
6,513

6,037

 
288

 
6,513

6,325

12,838

 
209

 
1990
 
10/4/2017
Quail Valley Shopping Center
Missouri City, TX

 
2,452

11,396

 
351

 
2,452

11,747

14,199

 
163

 
1983
 
10/4/2017
Hillside Salt Lake WAG
Hillside, UT
2,044

 
691

1,739

 

 
691

1,739

2,430

 
18

 
2006
 
10/4/2017
Rolling Hills Shopping Center
Tucson, AZ
8,941

 
5,398

11,762

 
66

 
5,398

11,828

17,226

 
166

 
1980/1997
 
10/4/2017
South Oaks Shopping Center
Live Oak, FL
3,418

 
1,742

5,093

 
22

 
1,742

5,115

6,857

 
140

 
1976/2000
 
10/4/2017
East Pointe Plaza
Columbia, SC

 
7,496

11,293

 
565

 
7,505

11,849

19,354

 
272

 
1990
 
10/4/2017
Southgate Center
Heath, OH

 
4,246

22,672

 
102

 
4,251

22,769

27,020

 
308

 
1960/1997
 
10/4/2017
Country Club Center
Rio Rancho, NM

 
3,000

5,430

 
139

 
3,000

5,569

8,569

 
93

 
1977
 
10/4/2017
Summerville Galleria
Summerville, SC

 
4,104

8,552

 
246

 
4,235

8,667

12,902

 
131

 
1989/2003
 
10/4/2017
The Oaks
Hudson, FL

 
3,876

6,668

 
71

 
3,931

6,684

10,615

 
154

 
1981
 
10/4/2017
Riverplace Centre
Noblesville, IN

 
3,890

3,661

 
490

 
3,890

4,151

8,041

 
103

 
1992
 
10/4/2017
Timberlake Station
Lynchburg, VA

 
2,427

1,979

 
20

 
2,426

2,000

4,426

 
62

 
1950/1996
 
10/4/2017
Town & Country Center
Hamilton, OH
2,200

 
2,268

4,372

 
16

 
2,279

4,377

6,656

 
79

 
1950
 
10/4/2017
Powell Villa
Portland, OR

 
3,364

7,016

 
398

 
3,364

7,414

10,778

 
75

 
1959/1991
 
10/4/2017
Towne Crossing Shopping Center
Mesquite, TX

 
5,358

15,389

 
341

 
5,358

15,730

21,088

 
212

 
1984
 
10/4/2017
Village at Waterford
Midlothian, VA
4,474

 
2,702

5,021

 
178

 
2,702

5,199

7,901

 
77

 
1991
 
10/4/2017
Buckingham Square
Richardson, TX

 
2,087

6,392

 
384

 
2,087

6,776

8,863

 
89

 
1978
 
10/4/2017
Western Square Shopping Center
Laurens, SC

 
1,013

3,302

 
102

 
1,013

3,404

4,417

 
103

 
1978/1991
 
10/4/2017
White Oaks Plaza
Spindale, NC

 
3,140

4,476

 
454

 
3,149

4,921

8,070

 
207

 
1988
 
10/4/2017
Windsor Center
Dallas, NC

 
2,488

5,186

 

 
2,488

5,186

7,674

 
106

 
1974/1996
 
10/4/2017
Winery Square
Fairfield, CA

 
4,288

13,975

 
408

 
4,347

14,324

18,671

 
182

 
1987
 
10/4/2017
12 West Marketplace
Litchfield, MN

 
835

3,538

 

 
835

3,538

4,373

 
95

 
1989
 
10/4/2017
Orchard Plaza
Altoona, PA
1,658

 
2,537

5,260

 
106

 
2,537

5,366

7,903

 
105

 
1987
 
10/4/2017
Willowbrook Commons
Nashville, TN

 
5,384

5,983

 
41

 
5,384

6,024

11,408

 
98

 
2005
 
10/4/2017
Edgewood Towne Center
Edgewood, PA

 
10,029

22,357

 
278

 
10,029

22,635

32,664

 
356

 
1990
 
10/4/2017
Everson Pointe
Snellville, GA

 
4,222

8,421

 
17

 
4,222

8,438

12,660

 
133

 
1999
 
10/4/2017
SCHEDULE III—REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
As of December 31, 2017
(in thousands)
 
  
  

 
Initial Cost(1)
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount Carried at End of Period(2)(3)
 
  
 
  
 
  
Property Name
City, State
Encumbrances
 
Land and Improvements
Buildings and Improvements
 
 
Land and Improvements
Buildings and Improvements
Total
 
Accumulated Depreciation
 
Date Constructed/ Renovated
 
Date Acquired
Gleneagles Court
Memphis, TN

 
3,892

8,149

 
8

 
3,892

8,157

12,049

 
113

 
1988
 
10/4/2017
Village Square of Delafield
Delafield, WI

 
6,206

6,582

 
300

 
6,219

6,869

13,088

 
116

 
2007
 
10/4/2017
Jasper Manor
Jasper, IN

 
2,684

6,535

 
27

 
2,684

6,562

9,246

 
220

 
1990
 
10/4/2017
Eastland Shoppes
Evansville, IN

 
3,463

10,746

 

 
3,463

10,746

14,209

 
172

 
1990
 
10/4/2017
Pipestone Plaza
Benton Harbor, MI

 
1,894

10,765

 

 
1,894

10,765

12,659

 
187

 
1978
 
10/4/2017
Northlake(4)
Cincinnati, OH
8,668

 
2,327

11,776

 
130

 
2,367

11,866

14,233

 
132

 
1985
 
10/4/2017
Corporate adjustments(5)
Various

 


 
(389
)
 
(164
)
(225
)
(389
)
 

 
 
 
 
Totals
  
$
245,310

 
$
1,094,468

$
2,176,711

 
$
113,792

 
$
1,121,590

$
2,263,381

$
3,384,971

 
$
314,080

 
  
 
 
(1) The initial cost to us represents the original purchase price of the property, including amounts incurred subsequent to acquisition which were contemplated at the time the property was acquired.
(2) The aggregate cost of real estate owned at December 31, 2017.
(3) The aggregate cost of properties for Federal income tax purposes is approximately $3.4 billion at December 31, 2017.
(4) Amounts consist of corporate building and land.
(5) Amounts consist of elimination of intercompany construction management fees charged by the Investment Management segment to the Owned Real Estate segment properties.
Reconciliation of real estate owned:
  
2017
 
2016
Balance at January 1
$
2,329,080

 
$
2,116,480

Additions during the year:
 
 
 
Real estate acquisitions
1,021,204

 
219,053

Net additions to/improvements of real estate
40,192

 
26,369

Deductions during the year:
 
 
 
Real estate dispositions
(5,505
)
 
(32,822
)
Balance at December 31
$
3,384,971

 
$
2,329,080

Reconciliation of accumulated depreciation:
  
2017
 
2016
Balance at January 1
$
222,557

 
$
152,433

Additions during the year:
 
 
 
Depreciation expense
92,156

 
73,703

Deductions during the year:
 
 
 
Accumulated depreciation of real estate dispositions
(633
)
 
(3,579
)
Balance at December 31
$
314,080

 
$
222,557

* * * * *