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Subsequent Events | 3 Months Ended
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Mar. 31, 2020
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Equity Transactions On April 13, 2020, the Company sold a total of 57,792 shares and generated $136 in gross offering proceeds under the DRP. Prepayments of Mortgage Payables and Disposal of Retail Property On April 30, 2020, the Company prepaid a total of $26,349 of mortgages payable on two retail properties with cash on hand. On May 1, 2020, the Company disposed of Woodlake Crossing, a 160,000 square foot power center located in San Antonio, TX for a gross disposition price of $5,500. Impact of the COVID-19 Pandemic on the Company's Financial Statements The Company has received requests for assistance from its tenants and is evaluating each request on an individual basis. The Company does not expect all tenant requests will result in amended agreements, nor does it intend to forgo our contractual rights under our lease agreements. While the Company has already begun to experience significant disruptions to its financial condition, results of operations, and cash flows from the COVID-19 pandemic, it is unable to estimate the extent of those disruptions due to the dynamic nature of the situation and numerous uncertainties that exist. These uncertainties include, among others, the scope, severity and duration of the pandemic, the actions required to contain the pandemic or mitigate its impact, the direct and indirect economic effects of the pandemic and containment measures, and the length and nature of a recovery, among others.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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