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ACQUISITIONS AND DISPOSITIONS (Tables) | 12 Months Ended
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Dec. 31, 2018
Business Combinations [Abstract] |
Schedule of Closed Acquisitions | During the year ended December 31, 2018 and December 31, 2017, we closed on the following acquisitions:
Date Purchased |  | Property Name |  | City |  | State |  | Square Feet |  | Purchase Price |
|  |  |  |  |  |  |  |  |  | (in thousands) |
January 26, 2018 |  | 938 Spring Valley Road |  | Maywood |  | NJ |  | 2,000 |  |  | $ | 719 |  |
February 23, 2018 |  | 116 Sunrise Highway |  | Freeport |  | NY |  | 4,750 |  |  | 447 |  |
February 28, 2018 |  | 197 West Spring Valley Ave |  | Maywood |  | NJ |  | 16,300 |  |  | 2,799 |  |
May 24, 2018 |  | 7 Francis Place |  | Montclair |  | NJ |  | 3,000 |  |  | 966 |  |
|  |  |  |  |  |  |  | 2018 Total | $ | 4,931 |  | (1)
January 4, 2017 |  | Yonkers Gateway Center |  | Yonkers |  | NY |  | — |  | (2) | $ | 51,902 |  |
January 17, 2017 |  | Shops at Bruckner |  | Bronx |  | NY |  | 114,000 |  |  | 32,269 |  |
February 2, 2017 |  | Hudson Mall |  | Jersey City |  | NJ |  | 383,000 |  |  | 44,273 |  |
May 24, 2017 |  | Yonkers Gateway Center |  | Yonkers |  | NY |  | 437,000 |  | (2) | 101,825 |  |
May 24, 2017 |  | The Plaza at Cherry Hill |  | Cherry Hill |  | NJ |  | 413,000 |  |  | 53,535 |  |
May 24, 2017 |  | Manchester Plaza |  | Manchester |  | MO |  | 131,000 |  |  | 20,162 |  |
May 24, 2017 |  | Millburn Gateway Center |  | Millburn |  | NJ |  | 102,000 |  |  | 45,583 |  |
May 24, 2017 |  | 21 E Broad St / One Lincoln Plaza |  | Westfield |  | NJ |  | 22,000 |  |  | 10,158 |  |
May 25, 2017 |  | The Plaza at Woodbridge |  | Woodbridge |  | NJ |  | 411,000 |  |  | 103,962 |  |
|  |  |  |  |  |  |  | 2017 Total | $ | 463,669 |  | (1)
(1) | The total purchase prices for the properties acquired in the year ended December 31, 2018 and December 31, 2017, respectively, include $0.1 million and $11.3 million of transaction costs incurred in relation to the transactions.
(2) | On January 4, 2017, we acquired fee and leasehold interests, including the lessor position under an operating lease for the whole property. On May 24, 2017, we purchased the remaining fee and leasehold interests not previously acquired, including the lessee position under the operating lease for the whole property.
Schedule of Aggregate Purchase Price Allocations | The aggregate purchase price of the above property acquisitions has been allocated as follows:
Property Name |  | Land |  | Buildings and improvements |  | Identified intangible assets(1) |  | Identified intangible liabilities(1) |  | Debt premium |  | Total Purchase Price
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |
938 Spring Valley Road |  | $ | 519 |  |  | $ | 200 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 719 |
116 Sunrise Highway |  | 151 |  |  | 296 |  |  | — |  |  | — |  |  | — |  |  | 447 |
197 West Spring Valley Ave |  | 1,768 |  |  | 1,031 |  |  | — |  |  | — |  |  | — |  |  | 2,799 |
7 Francis Place |  | 381 |  |  | 585 |  |  | — |  |  | — |  |  | — |  |  | 966 |
2018 Total |  | $ | 2,819 |  |  | $ | 2,112 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4,931 |
Yonkers Gateway Center |  | $ | 40,699 |  |  | $ | — |  |  | $ | 25,858 |  |  | $ | (14,655 | ) |  | $ | — |  |  | $ | 51,902 |
Shops at Bruckner |  | — |  |  | 32,979 |  |  | 12,029 |  |  | (12,709 | ) |  | (30 | ) |  | 32,269 |
Hudson Mall |  | 15,824 |  |  | 37,593 |  |  | 9,930 |  |  | (17,344 | ) |  | (1,730 | ) |  | 44,273 |
Yonkers Gateway Center |  | 22,642 |  |  | 110,635 |  |  | 38,162 |  |  | (68,694 | ) |  | (920 | ) |  | 101,825 |
The Plaza at Cherry Hill |  | 14,602 |  |  | 33,666 |  |  | 7,800 |  |  | (2,533 | ) |  | — |  |  | 53,535 |
Manchester Plaza |  | 4,409 |  |  | 13,756 |  |  | 3,256 |  |  | (1,259 | ) |  | — |  |  | 20,162 |
Millburn Gateway Center |  | 15,783 |  |  | 25,387 |  |  | 5,360 |  |  | (947 | ) |  | — |  |  | 45,583 |
21 E Broad St / One Lincoln Plaza |  | 5,728 |  |  | 4,305 |  |  | 679 |  |  | (554 | ) |  | — |  |  | 10,158 |
The Plaza at Woodbridge |  | 21,547 |  |  | 75,017 |  |  | 11,596 |  |  | (4,198 | ) |  | — |  |  | 103,962 |
2017 Total |  | $ | 141,234 |  |  | $ | 333,338 |  |  | $ | 114,670 |  |  | $ | (122,893 | ) |  | $ | (2,680 | ) |  | $ | 463,669 |
(1) As of December 31, 2018, the remaining weighted average amortization periods of the identified intangible assets and identified intangible liabilities acquired in 2017 were 16.9 years and 15.1 years, respectively. As of December 31, 2017, the remaining weighted average amortization periods of the identified intangible assets and identified intangible liabilities acquired in 2017 were 17.9 years and 16.6 years, respectively.

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