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Schedule III - Real Estate And Accumulated Depreciation
 12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation
Initial Cost (A)Gross amount at which carried at end of period
PROPERTY NAME
Location		EncumbranceLandBuildings and ImprovementsAdjustments to Land Basis (B)Adjustments to Basis (B)Land and ImprovementsBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
ANTOINE TOWN CENTER
Houston, TX		$— $5,327 $14,333 $— $— $5,327 $14,333 $19,660 $549 2020
BEAR CREEK VILLAGE CENTER
Wildomar, CA		— 3,523 12,384 — 349 3,523 12,733 16,256 5,391 2009
BENT TREE PLAZA
Raleigh, NC		— 1,983 7,093 — 1,880 1,983 8,973 10,956 3,489 2009
BUCKHEAD CROSSING
Atlanta, GA		— 7,565 27,104 — 1,075 7,565 28,179 35,744 12,128 2009
CAMPUS MARKETPLACE
San Marcos, CA		— 26,928 43,445 55 346 26,983 43,791 70,774 6,261 2017
CARY PARK TOWN CENTER
Cary, NC		— 5,555 17,280 — 6 5,555 17,286 22,841 2,169 2017
CENTERPLACE OF GREELEY
Greeley, CO		— 3,904 14,715 (23)638 3,881 15,353 19,234 6,512 2009
CHEYENNE MEADOWS
Colorado Springs, CO		— 2,023 6,991 — 161 2,023 7,152 9,175 3,110 2009
COMMONS AT UNIVERSITY PLACE
Raleigh, NC		— 3,198 17,909 — — 3,198 17,909 21,107 1,194 2019
COWETA CROSSING
Newnan, GA		— 1,143 4,590 — 8 1,143 4,597 5,740 2,091 2009
CUSTER CREEK VILLAGE
Richardson, TX		— 4,750 12,245 — 418 4,750 12,663 17,413 5,963 2007
ELDORADO MARKETPLACE
Dallas, TX		— 15,732 49,311 — (60)15,732 49,251 64,983 2,328 2019
ELDRIDGE TOWN CENTER
Houston, TX		— 5,380 22,994 2,062 4,869 7,442 27,863 35,305 11,216 2005
GARDEN VILLAGE
San Pedro, CA		— 3,188 16,522 3,268 1,026 6,456 17,549 24,005 6,999 2009
GATEWAY MARKET CENTER
Tampa, FL		— 13,600 4,992 — 4,145 13,600 9,137 22,737 2,622 2010
KENNESAW MARKETPLACE
Kennesaw, GA		— 12,587 51,860 — 362 12,587 52,222 64,809 4,684 2018
KROGER TOMBALL
Tomball, TX		— 1,104 10,223 — — 1,104 10,223 11,327 604 2019
Initial Cost (A)Gross amount at which carried at end of period
PROPERTY NAME
Location		EncumbranceLandBuildings and ImprovementsAdjustments to Land Basis (B)Adjustments to Basis (B)Land and ImprovementsBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
KYLE MARKETPLACE
Kyle, TX		$— $6,076 $48,220 $— $331 $6,076 $48,551 $54,627 $5,652 2017
LAKESIDE WINTER PARK AND CROSSINGS
Orland, FL		— 16,594 41,085 — (283)16,594 40,801 57,395 2,557 2019
MARKET AT WESTLAKE
Westlake Hills, TX		— 1,200 6,274 (64)89 1,136 6,363 7,499 3,023 2007
NORTHCROSS COMMONS
Charlotte, NC		— 7,591 21,303 — 637 7,591 21,940 29,531 3,271 2016
OLD GROVE MARKETPLACE
Oceanside, CA		— 12,545 8,902 — 232 12,545 9,134 21,679 1,518 2016
PARAISO PARC AND WESTFORK PLAZA
Pembroke Pines, FL		— 28,267 124,019 — 5,099 28,267 129,118 157,385 17,200 2017
PAVILION AT LAQUINTA
LaQuinta, CA		22,834 15,200 20,947 — 1,244 15,200 22,192 37,392 9,253 2009
PEACHLAND PROMENADE
Port Charlotte, FL		— 1,742 6,502 4,158 8,440 5,900 14,943 20,843 1,579 2009
PGA PLAZA
Palm Beach Gardens, FL		— 10,414 75,730 — 318 10,414 76,048 86,462 6,624 2018
PLANTATION GROVE
Ocoee, FL		7,300 3,705 6,300 — 648 3,705 6,948 10,653 1,688 2014
PLAZA MIDTOWN
Atlanta, GL		— 5,295 23,946 — 242 5,295 24,188 29,483 2,686 2017
RENAISSANCE CENTER
Durham, NC		14,468 26,713 96,141 — 4,693 26,713 100,834 127,547 17,495 2016
RIO PINOR PLAZA
Orlando, FL		— 5,171 26,903 — 444 5,171 27,347 32,518 5,094 2015
RIVER OAKS SHOPPING CENTER
Valencia, CA		— 24,598 88,418 — 205 24,598 88,623 113,221 10,224 2017
RIVERVIEW VILLAGE
Arlington, TX		— 6,000 9,649 — 822 6,000 10,472 16,472 5,116 2007
RIVERWALK MARKET
Flower Mound, TX		— 5,931 23,922 — 371 5,931 24,293 30,224 3,653 2016
ROSE CREEK
Woodstock, GA		— 1,443 5,630 — 492 1,443 6,122 7,565 2,536 2009
SANDY PLAINS CENTRE
Marietta, GA		— 12,364 27,270 652 2,170 13,016 29,440 42,456 2,050 2018
Initial Cost (A)Gross amount at which carried at end of period
PROPERTY NAME
Location		EncumbranceLandBuildings and ImprovementsAdjustments to Land Basis (B)Adjustments to Basis (B)Land and ImprovementsBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
SARASOTA PAVILION
Sarasota, FL		$— $12,000 $25,823 $— $4,423 $12,000 $30,246 $42,246 $10,720 2010
SCOFIELD CROSSING
Austin, TX		— 8,100 4,992 (576)3,453 7,524 8,445 15,969 2,783 2007
SHOPS AT FAIRVIEW TOWN CENTER
Dallas, TX		— 7,299 25,233 — 43 7,299 25,276 32,575 1,330 2019
SHOPS AT THE GALLERIA
Austin, TX		— 52,104 75,651 — 798 52,104 76,449 128,553 13,309 2016
SONTERRA VILLAGE
San Antonio, TX		— 5,150 15,095 — 464 5,150 15,558 20,708 2,772 2015
SOUTHERN PALM CROSSING
Miami, FL		— 37,735 49,843 (745)(1,045)36,990 48,797 85,787 2,815 2019
STEVENSON RANCH
Stevenson Ranch, CA		— 29,519 39,190 — 135 29,519 39,324 68,843 6,637 2016
SUNCREST VILLAGE
Orlando, FL		8,400 6,742 6,403 — 920 6,742 7,323 14,065 1,799 2014
SYCAMORE COMMONS
Matthews, NC		— 12,500 31,265 — 1,885 12,500 33,150 45,650 12,873 2010
THE CENTER AT HUGH HOWELL
Tucker, GA		— 2,250 11,091 — 1,017 2,250 12,108 14,358 6,125 2007
THE PARKE
Cedar Park, TX		— 9,271 83,078 — 781 9,271 83,859 93,130 10,072 2017
THE POINTE AT CREEDMOOR
Raleigh, NC		— 7,507 5,454 — 55 7,507 5,509 13,016 998 2016
THE SHOPS AT TOWN CENTER
Germantown, MD		— 19,998 29,776 — 593 19,998 30,369 50,367 4,095 2017
THE SHOPS AT WALNUT CREEK
Westminster, CO		28,630 10,132 44,089 — 5,937 10,132 50,027 60,159 9,460 2015
THOMAS CROSSROADS
Newnan, GA		— 1,622 8,322 — 1,027 1,622 9,349 10,971 3,770 2009
TRAVILAH SQUARE
Washington, D.C.		— 8,964 39,836 — 136 8,964 39,972 48,936 1,803 2019
TROWBRIDGE CROSSING
Sandy Springs, GA		— 2,366 7,808 — — 2,366 7,808 10,174 272 2020
UNIVERSITY OAKS SHOPPING CENTER
Round Rock, TX		25,629 7,250 25,326 (170)8,189 7,080 33,515 40,595 12,973 2010
Initial Cost (A)Gross amount at which carried at end of period
PROPERTY NAME
Location		EncumbranceLandBuildings and ImprovementsAdjustments to Land Basis (B)Adjustments to Basis (B)Land and ImprovementsBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
WESTPARK SHOPPING CENTER
Glen Allen, VA		$— $7,462 $24,164 $— $4,470 $7,462 $28,634 $36,096 $4,350 2013
WINDWARD COMMONS
Alpharetta, GA		— 12,823 13,779 — 629 12,823 14,408 27,231 2,308 2016
Total corporate assets— — — — 3,996 — 3,996 3,996 2,455 -
Total$107,261 $569,133 $1,561,370 $8,617 $79,323 $577,750 $1,640,693 $2,218,443 $292,248 
Construction in progress— — — 3,246 — 3,246 3,246 — 
Total investment properties$569,133 $1,561,370 $8,617 $82,569 $577,750 $1,643,939 $2,221,689 $292,248 
Notes to Schedule III
The aggregate cost of real estate owned at December 31, 2020 for federal income tax purposes was approximately $2,441,661 (unaudited).
(A)The initial cost to the Company represents the original purchase price of the asset, including amounts incurred subsequent to acquisition which were contemplated at the time the property was acquired.
(B)Cost capitalized subsequent to acquisition includes additional tangible costs associated with investment properties. Amount also includes impairment charges recorded subsequent to acquisition to reduce basis.
(C)Reconciliation of total investment properties:
202020192018
Balance at January 1,$2,204,891 $2,242,283 $2,521,060 
Acquisitions and capital improvements52,222 359,753 245,252 
Disposals and write-offs(35,424)(397,145)(524,029)
Balance at December 31$2,221,689 $2,204,891 $2,242,283 
(D)Reconciliation of accumulated depreciation:
202020192018
Balance at January 1,$246,702 $286,330 $348,337 
Depreciation expense, continuing operations61,897 66,808 73,021 
Disposal and write-offs(16,351)(106,436)(135,028)
Balance at December 31,$292,248 $246,702 $286,330 
(E)Depreciation is computed based upon the following estimated lives:
Buildings and other improvements15-30 years
Tenant improvementsLife of the lease
Furniture, fixtures and equipment5-20 years