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Organization | 3 Months Ended
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Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Organization | Organization The Company was incorporated as Inland American Real Estate Trust, Inc. in October 2004, as a Maryland corporation and has elected to be taxed, and currently qualifies, as a real estate investment trust ("REIT") for federal tax purposes. The Company changed its name to InvenTrust Properties Corp. in April 2015. The Company was formed to own, manage, acquire and develop a diversified portfolio of commercial real estate located throughout the United States and to own properties in development and partially own properties through joint ventures, as well as own investments in marketable securities and other assets. The Company historically owned a diversified portfolio of commercial real estate but is now solely focused on being a multi-tenant retail platform. As used throughout this Quarterly Report on Form 10-Q, the terms "Company," "InvenTrust," "we," "us," or "our" mean InvenTrust Properties Corp. and its wholly owned and unconsolidated joint venture investments. Unless otherwise noted, all amounts are stated in thousands, except share, per share, and per square foot. Any reference to number of properties, square feet, tenant and occupancy data are unaudited. The accompanying condensed consolidated financial statements include the accounts of the Company, as well as all wholly owned subsidiaries. Subsidiaries generally consist of limited liability companies (LLCs) and limited partnerships (LPs). All significant intercompany balances and transactions have been eliminated. Each retail property is owned by a separate legal entity which maintains its own books and financial records, and each separate legal entity's assets are not available to satisfy the liabilities of other affiliated entities, except as otherwise disclosed in "Note 8. Debt". As of March 31, 2018, the Company's assets consisted of 67 retail properties with 11.2 million square feet, of which 93.6% was occupied. As of March 31, 2017, the Company's assets consisted of 73 retail properties with 12.7 million square feet, of which 93.3% was occupied, and one non-core office property with 0.3 million square feet, of which approximately 69.9% was occupied. In addition, as of March 31, 2018 and March 31, 2017, the Company had significant investments in two operating real estate joint ventures, one of which owns an interest in 14 retail properties with 3.0 million square feet, managed by the Company. The other joint venture owns land to be developed in Sacramento, California. As of December 31, 2017, the Company had 71 retail properties with 12.4 million square feet, of which 94.2% was occupied. Segment Reporting The Company disposed of its last remaining non-core asset, Worldgate Plaza, in 2017, which represented the conclusion of the Company's strategic shift away from a diversified portfolio of commercial real estate assets not classified as multi-tenant retail. All previously reported segments have been classified as discontinued operations as they represented a strategic shift that had a major effect on the Company's operations and financial results. The Company is now fully focused on investing in a multi-tenant retail platform. In addition, the Company's properties have similar characteristics, such as tenant type and economic performance, are all retail properties, and the Company does not distinguish its principal business or group its operations on a geographical basis for measuring performance. Accordingly, the Company believes it has a single reportable segment for disclosure purposes in accordance with GAAP.

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- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -URI http://asc.fasb.org/topic&trid=2122149 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details
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