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MORTGAGES PAYABLE - Additional Information (Details)
1 Months Ended 9 Months Ended
Jun. 09, 2016
USD ($)
Jan. 15, 2015
USD ($)
extension_option
Jun. 30, 2016
USD ($)
Jan. 31, 2015
USD ($)
debt_tranche
Sep. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Jan. 06, 2015
USD ($)
Debt Instrument [Line Items]                
Net carrying amount of real estate collateralizing indebtedness         $ 863,300,000      
Deferred Finance Costs, Gross         2,177,000   $ 2,800,000  
Mortgages payable, net         1,201,466,000   1,233,983,000  
Mortgages                
Debt Instrument [Line Items]                
Mortgages payable, net         1,201,466,000   1,233,983,000  
Unamortized debt issuance costs         8,528,000   9,974,000  
Mortgages | First Mortgage | Montehiedra Town Center                
Debt Instrument [Line Items]                
Face amount of debt instrument       $ 120,000,000       $ 120,000,000
Interest rate       6.04%       6.04%
Number of debt tranches | debt_tranche       2        
Lender fees       $ 2,000,000        
Mortgages | Senior Notes [Member] | Montehiedra Town Center                
Debt Instrument [Line Items]                
Unamortized debt issuance costs             $ 1,681,000  
Intercompany Loans | Montehiedra Town Center                
Debt Instrument [Line Items]                
Face amount of debt instrument       $ 20,000,000   $ 20,000,000    
Interest rate       10.00%        
Mortgages payable, net         $ 14,500,000      
Revolving Credit Agreement | Revolving Credit Facility                
Debt Instrument [Line Items]                
Maximum borrowing capacity   $ 500,000,000            
Term of debt instrument   4 years            
Number of extension options | extension_option   2            
Term of each extension option   6 months            
Annual facility fee (in percent)   20.00%            
Revolving Credit Agreement | Revolving Credit Facility | Maximum                
Debt Instrument [Line Items]                
Financial covenants, maximum leverage ratio   0.6            
Revolving Credit Agreement | Revolving Credit Facility | Minimum                
Debt Instrument [Line Items]                
Financial covenants, minimum fixed charge coverage ratio   1.5            
Revolving Credit Agreement | Revolving Credit Facility | LIBOR                
Debt Instrument [Line Items]                
Interest rate spread on variable rate   1.15%            
Senior Loan | Mortgages | First Mortgage | Montehiedra Town Center                
Debt Instrument [Line Items]                
Face amount of debt instrument       $ 90,000,000        
Interest rate       5.33% 5.33%      
Junior Loan | Mortgages | First Mortgage | Montehiedra Town Center                
Debt Instrument [Line Items]                
Face amount of debt instrument       $ 30,000,000        
Interest rate       3.00% 3.00%      
Variable Rate | Mortgages | Cross Collateralized                
Debt Instrument [Line Items]                
Interest rate         2.36%      
Variable Rate | LIBOR | Mortgages | Cross Collateralized                
Debt Instrument [Line Items]                
Interest rate spread on variable rate         136.00%      
Prepayment of mortgage $ 21,200,000   $ 21,200,000