XML 41 R28.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Disposed Properties (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Disposal Groups, Not Discontinued Operations, Disposal Activity |
Property |  | Location |  | Disposition Date |  | Gross Disposition Price |  | Square Feet
Penn Park |  | Oklahoma City, OK |  | January 10, 2017 |  | $ | 29,050 |  |  | 242,000
Sparks Crossing |  | Sparks, NV |  | May 19, 2017 |  | 40,280 |  |  | 336,000
Lincoln Village |  | Chicago, IL |  | June 23, 2017 |  | 30,000 |  |  | 164,000
Pavilions at Hartman Heritage |  | Independence, MO |  | July 31, 2017 |  | 21,700 |  |  | 223,000
Legacy Crossing |  | Marion, OH |  | July 31, 2017 |  | 10,250 |  |  | 134,000
Heritage Plaza |  | Chicago, IL |  | September 28, 2017 |  | 21,350 |  |  | 132,000
Dothan Plaza |  | Dothan, AL |  | December 28, 2017 |  | 33,750 |  |  | 327,000
|  |  |  |  |  | $ | 186,380 |  |  | 1,558,000
Summary of Components of Discontinued Operations | The major classes of assets and liabilities of discontinued operations as of December 31, 2016 were as follows:
| December 31, 2016
Assets |
Land | $ | 9,564 |
Building and other improvements | 33,003 |
Total | 42,567 |
Less accumulated depreciation | (2,601 | )
Net investment properties | 39,966 |
Accounts and rents receivable (net of allowance of $49) | 1,566 |
Deferred costs and other assets | 903 |
Total assets | $ | 42,435 |
Liabilities |
Debt, net | $ | 59,942 |
Accounts payable and accrued expenses | 116 |
Other liabilities | 355 |
Total liabilities | $ | 60,413 |
The operations reflected in discontinued operations in the consolidated statements of operations and comprehensive income (loss) for the year ended December 31, 2017 includes Worldgate Plaza, for the year ended December 31, 2016 includes Worldgate Plaza, University House, and Highlands, and for the year ended December 31, 2015 includes Worldgate Plaza, University House, Highlands, and Xenia.
| Year ended December 31,
| 2017 |  | 2016 |  | 2015
Total income | $ | 3,935 |  |  | $ | 92,329 |  |  | $ | 265,076 |
Less: |  |  |  |  |
Depreciation and amortization expense | 1,205 |  |  | 32,667 |  |  | 77,736 |
Other expenses | 2,308 |  |  | 36,487 |  |  | 121,174 |
Provision for asset impairment | — |  |  | 106,514 |  |  | — |
Operating income (loss) from discontinued operations | 422 |  |  | (83,339 | ) |  | 66,166 |
Interest expense, income taxes, and other miscellaneous income | (6,696 | ) |  | (17,983 | ) |  | (37,476 | )
Equity in earnings of unconsolidated entity | — |  |  | (19 | ) |  | 89 |
Gain on sale of investment in unconsolidated entity | — |  |  | 1,434 |  |  | — |
Gain on sale of properties, net | 10,115 |  |  | 236,256 |  |  | — |
Loss on extinguishment of debt | (2 | ) |  | (2,826 | ) |  | — |
Net income from discontinued operations | 3,839 |  |  | 133,523 |  |  | 28,779 |
Less net income attributable to non-controlling interests | — |  |  | — |  |  | (15 | )
Net income from discontinued operations attributable to Company | $ | 3,839 |  |  | $ | 133,523 |  |  | $ | 28,764 |
Weighted average number of common shares outstanding, basic and diluted | 773,445,341 |  |  | 854,638,497 |  |  | 861,830,627 |
Net income per common share, from discontinued operations, basic and diluted | $ | — |  |  | $ | 0.15 |  |  | $ | 0.04 |

X
- Definition Tabular disclosure of information related to a disposal group that excludes discontinued operations. + References No definition available. + Details
Name: | ivtp_ScheduleofDisposalGroupsNotDiscontinuedOperationsDisposalActivityTableTextBlock
Namespace Prefix: | ivtp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration