XML 34 R11.htm IDEA: XBRL DOCUMENT
v3.19.3

Acquired Properties | 9 Months Ended
--- | ---
Sep. 30, 2019
Asset Acquisition [Abstract] |
Acquired Properties | Acquired Properties The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the nine months ended September 30, 2019:
Acquisition Date |  | Property |  | Metropolitan Statistical Area ("MSA")(a) |  | Gross Acquisition Price |  | Square Feet
January 31, 2019 |  | Commons at University Place |  | Raleigh-Cary, NC |  | $ | 23,250 |  |  | 92,000 |
March 20, 2019 |  | Lakeside Winter Park and Lakeside Crossings |  | Orlando-Kissimmee-Sanford, FL |  | 63,500 |  |  | 76,000 |
April 30, 2019 |  | Scofield Crossing (b) |  | Austin-Round Rock, TX |  | 3,000 |  |  | 64,000 |
May 7, 2019 |  | Tomball Town Center Kroger |  | Houston-The Woodlands-Sugar Land, TX |  | 13,992 |  |  | 74,000 |
June 14, 2019 |  | Sandy Plains Outparcel (c) |  | Atlanta-Sandy Springs-Roswell, GA |  | 2,900 |  |  | 6,000 |
June 28, 2019 |  | Shoppes at Fairview |  | Dallas-Fort Worth-Arlington, TX |  | 36,000 |  |  | 67,500 |
July 11, 2019 |  | Southern Palm Crossing (d) |  | Miami-Fort Lauderdale-West Palm Beach, FL |  | 96,750 |  |  | 346,200 |
September 9, 2019 |  | Travilah Square |  | Washington-Arlington-Alexandria, DC-VA-MD-WV |  | 52,272 |  |  | 58,300 |
September 13, 2019 |  | Eldorado Marketplace |  | Dallas-Fort Worth-Arlington, TX |  | 70,850 |  |  | 189,500 |
September 27, 2019 |  | Garden Village Outparcel (c) |  | Los Angeles-Long Beach-Anaheim, CA |  | 3,250 |  |  | 3,900 |
|  |  |  |  |  | $ | 365,764 |  |  | 977,400 |
(a) | As defined by the United States Office of Management and Budget.
(b) | The building and tenant improvements were acquired subject to an existing ground lease at the property.
(c) | The assets, liabilities and operations of the adjacent outparcels acquired are included as part of existing retail properties owned by the Company.
(d) | This acquisition was made through a consolidated VIE and was used to facilitate a reverse like-kind exchange under Section 1031 of the Internal Revenue Code of 1986, as amended ("Reverse 1031 Exchanges"). During the third quarter of 2019, the title of Southern Palm Crossing transferred to the Company through the completion of an exchange with the dispositions of West Creek and Boynton Commons.
The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the nine months ended September 30, 2018:
Acquisition Date |  | Property |  | MSA |  | Gross Acquisition Price |  | Square Feet
May 16, 2018 |  | PGA Plaza (a) |  | Miami-Fort Lauderdale-West Palm Beach, FL |  | $ | 88,000 |  |  | 120,000 |
May 30, 2018 |  | Kennesaw Marketplace (a) |  | Atlanta-Sandy Springs-Roswell, GA |  | 64,300 |  |  | 117,000 |
September 13, 2018 |  | Kennesaw Marketplace, Phase 3 (b) |  | Atlanta-Sandy Springs-Roswell, GA |  | 7,500 |  |  | 13,000 |
|  |  |  |  |  | $ | 159,800 |  |  | 250,000 |
(a) | These acquisitions were made through two consolidated VIEs and were used to facilitate Reverse 1031 Exchanges. During the last quarter of 2018, the title of PGA Plaza and Kennesaw Marketplace transferred to the Company through the completion of an exchange and expiration of the 180-day waiting period, respectively.
(b) | The assets, liabilities and operations of Kennesaw Marketplace, Phase 3, acquired are included as part of an existing retail property owned by the Company.
The Company incurred transaction costs of $1,416 and $2,334 during the three and nine months ended September 30, 2019, respectively, and $60 and $260 during the three and nine months ended September 30, 2018, which were capitalized and included in building and other improvements on the Company's condensed consolidated balance sheets.

X
- Definition Asset Acquisition [Abstract] + References No definition available. + Details
Name: | ivtp_AssetAcquisitionAbstract
Namespace Prefix: | ivtp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Asset Acquisition Disclosure [Text Block] + References No definition available. + Details
Name: | ivtp_AssetAcquisitionDisclosureTextBlock
Namespace Prefix: | ivtp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration