XML 53 R42.htm IDEA: XBRL DOCUMENT
v3.24.3

Acquisitions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Schedule of Allocation of Fair Value | The following is a summary of the allocation of the fair value of the former Sears parcels at Chandler Fashion Center, Danbury Fair Mall, Freehold Raceway Mall, Los Cerritos Center and Washington Square:
Land | $ | 10,869 |  |
Building and improvements | 39,359 |  |
Construction in progress | 38,000 |  |
Deferred charges | 6,821 |  |
Other accrued liabilities (below-market lease) | (1,649) |  |
Fair value of acquired net assets (at 100% ownership) | $ | 93,400 |  |
The following is a summary of the allocation of the fair value of Arrowhead Towne Center:
Property | $ | 426,097 |  |
Deferred charges | 22,307 |  |
Other assets | 2,973 |  |
Total assets acquired | 451,377 |  |
Mortgage note payable | 383,881 |  |
Discount on mortgage note payable | (33,062) |  |
Other accrued liabilities | 9,439 |  |
Total liabilities assumed | 360,258 |  |
Fair value of acquired net assets (at 100% ownership) | $ | 91,119 |  |
The following is a summary of the allocation of the fair value of South Plains Mall:
Property | $ | 183,434 |  |
Deferred charges | 19,223 |  |
Other assets | 4,114 |  |
Total assets acquired | 206,771 |  |
Mortgage note payable | 200,000 |  |
Discount on mortgage note payable | (10,372) |  |
Other accrued liabilities | 8,553 |  |
Total liabilities assumed | 198,181 |  |
Fair value of acquired net assets (at 100% ownership) | $ | 8,590 |  |

X
- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480123/805-50-15-3 + Details
Name: | us-gaap_AssetAcquisitionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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