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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Real estate, at cost:    
Land $ 525,819 $ 521,669
Buildings and improvements 2,156,113 2,010,527
Construction in progress 80,385 133,761
Furniture, fixtures and equipment 6,675 5,897
Total 2,768,992 2,671,854
Accumulated depreciation and amortization (645,872) (587,127)
Real estate, net 2,123,120 2,084,727
Cash and cash equivalents 440,430 490,279
Restricted cash 17,092 10,562
Tenant and other receivables, net of allowance for doubtful accounts of $6,485 and $4,937, respectively 28,563 20,078
Receivable arising from the straight-lining of rents, net of allowance for doubtful accounts of $662 and $494, respectively 84,903 85,843
Identified intangible assets, net of accumulated amortization of $38,905 and $33,827, respectively 68,422 87,249
Deferred leasing costs, net of accumulated amortization of $16,043 and $14,796, respectively 21,277 20,268
Deferred financing costs, net of accumulated amortization of $2,508 and $1,740, respectively 2,219 3,243
Prepaid expenses and other assets 12,968 18,559
Total assets 2,798,994 2,820,808
Liabilities:    
Mortgages payable, net 1,550,242 1,564,542
Accounts payable and accrued expenses 98,517 84,766
Identified intangible liabilities, net of accumulated amortization of $64,252 and $65,832, respectively 144,258 180,959
Total liabilities 1,793,017 1,830,267
Commitments and contingencies
Shareholders’ equity:    
Common shares: $0.01 par value; 500,000,000 shares authorized and 114,175,607 and 113,827,529 shares issued and outstanding, respectively 1,143 1,138
Additional paid-in capital 956,420 946,402
Accumulated deficit (52,857) (57,621)
Noncontrolling interests:    
Operating partnership 100,822 100,218
Partners’ capital:    
Consolidated subsidiaries 449 404
Total equity 1,005,977 990,541
Total liabilities and equity 2,798,994 2,820,808
Urban Edge Properties LP    
Real estate, at cost:    
Land 525,819 521,669
Buildings and improvements 2,156,113 2,010,527
Construction in progress 80,385 133,761
Furniture, fixtures and equipment 6,675 5,897
Total 2,768,992 2,671,854
Accumulated depreciation and amortization (645,872) (587,127)
Real estate, net 2,123,120 2,084,727
Cash and cash equivalents 440,430 490,279
Restricted cash 17,092 10,562
Tenant and other receivables, net of allowance for doubtful accounts of $6,485 and $4,937, respectively 28,563 20,078
Receivable arising from the straight-lining of rents, net of allowance for doubtful accounts of $662 and $494, respectively 84,903 85,843
Identified intangible assets, net of accumulated amortization of $38,905 and $33,827, respectively 68,422 87,249
Deferred leasing costs, net of accumulated amortization of $16,043 and $14,796, respectively 21,277 20,268
Deferred financing costs, net of accumulated amortization of $2,508 and $1,740, respectively 2,219 3,243
Prepaid expenses and other assets 12,968 18,559
Total assets 2,798,994 2,820,808
Liabilities:    
Mortgages payable, net 1,550,242 1,564,542
Accounts payable and accrued expenses 98,517 84,766
Identified intangible liabilities, net of accumulated amortization of $64,252 and $65,832, respectively 144,258 180,959
Total liabilities 1,793,017 1,830,267
Commitments and contingencies
Shareholders’ equity:    
Accumulated deficit (57,482) (62,898)
Partners’ capital:    
General partner: 114,175,607 and 113,827,529 units outstanding, respectively 957,563 947,540
Limited partners: 12,908,526 and 12,812,954 units outstanding, respectively 105,447 105,495
Total partners’ capital 1,005,528 990,137
Consolidated subsidiaries 449 404
Total equity 1,005,977 990,541
Total liabilities and equity $ 2,798,994 $ 2,820,808