XML 41 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events Sub (Tables)
 9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
Disposal Groups, Including Discontinued Operations
 
Three months ended
September 30, 2017
 
Nine months ended
September 30, 2017
Total income
$
844

 
$
3,855

Less:
 
 
 
Depreciation and amortization expense
301

 
1,205

General and administrative, property operating, and real estate tax expenses
492

 
2,398

Operating income from discontinued operations
51

 
252

Interest expense, income taxes, and other miscellaneous expenses
(443
)
 
(1,993
)
Gain on sale of properties, net
10,115

 
10,115

Loss on extinguishment of debt
(2
)
 
(2
)
Net income from discontinued operations
$
9,721

 
$
8,372

 
 
 
 
Net income per common share, from discontinued operations, basic and diluted
$
0.01

 
$
0.01

Weighted average number of common shares outstanding, basic and diluted
773,517,492

 
773,405,710

The Company has disposed of the following power center retail properties subsequent to September 30, 2018:
Date
 
Property
 
MSA
 
Square Feet
 
Gross Disposition
Price
October 5, 2018
 
McKinney Town Center
 
Dallas-Fort Worth-Arlington, TX
 
243,000

 
$
51,000

October 5, 2018
 
Riverstone
 
Houston-The Woodlands-Sugar Land, TX
 
273,000

 
27,750

October 23, 2018
 
Hiram Pavilion
 
Atlanta–Sandy Springs–Roswell, GA
 
363,000

 
44,350

 
 
 
 
 
 
879,000

 
$
123,100