XML 51 R40.htm IDEA: XBRL DOCUMENT v3.21.2
Investment in Unconsolidated Entities - Narrative (Details)
9 Months Ended
Sep. 30, 2021
USD ($)
ft²
Sep. 30, 2020
USD ($)
ft²
swap
Dec. 31, 2020
USD ($)
Variable Interest Entity [Line Items]      
Investment in unconsolidated entities $ 104,963,000   $ 109,051,000
Proceeds from sale of investment properties, net 14,797,000 $ 5,791,000  
Prepaid mortgages payable 0 2,504,000  
Interest Rate Swap      
Variable Interest Entity [Line Items]      
Derivative liability 53,000    
IAGM Retail Fund I, LLC      
Variable Interest Entity [Line Items]      
Gain on sale 12,428,000 1,741,000  
Deferred gain on sale of property $ 6,835,000 $ 958,000  
Equity investment basis adjustment, amortization period (in years) 30 years 30 years  
Prepaid mortgages payable $ 23,150,000 $ 14,872,000  
Repayment of mortgage note payable on one retail property 54,103,000    
IAGM Retail Fund I, LLC | Interest Rate Swap      
Variable Interest Entity [Line Items]      
Number of derivatives held | swap   2  
Derivative liability 97,000    
IAGM Retail Fund I, LLC | Interest Rate Swap, Effective Date April 1, 2020, 1.979% Fixed Interest      
Variable Interest Entity [Line Items]      
Notional amount   $ 45,000,000  
Fixed interest rate   1.979%  
IAGM Retail Fund I, LLC | Interest Rate Swap, Effective Date April 1, 2020, 1.956% Fixed Interest      
Variable Interest Entity [Line Items]      
Notional amount   $ 30,000,000  
Fixed interest rate   1.956%  
Antoine Town Center      
Variable Interest Entity [Line Items]      
Deferred gain on sale of property 54,000    
Retail      
Variable Interest Entity [Line Items]      
Purchase price $ 54,710,000 $ 33,204,000  
Gross leasable area (square feet) | ft² 240,000 174,000  
Retail | Westover Marketplace      
Variable Interest Entity [Line Items]      
Deferred gain on sale of property $ 219,000    
Retail | Westover Marketplace | IAGM Retail Fund I, LLC      
Variable Interest Entity [Line Items]      
Gain on sale $ 399,000    
Gross leasable area (square feet) | ft² 243,000    
Proceeds from sale of investment properties, net $ 28,775,000    
Retail | Antoine Town Center      
Variable Interest Entity [Line Items]      
Purchase price   $ 22,254,000  
Gross leasable area (square feet) | ft²   111,000  
Retail | Prestonwood Town Center      
Variable Interest Entity [Line Items]      
Purchase price $ 52,800,000    
Gross leasable area (square feet) | ft² 233,000    
IAGM Retail Fund I, LLC      
Variable Interest Entity [Line Items]      
Ownership percentage 55.00%   55.00%
Investment in unconsolidated entities $ 104,963,000   $ 109,051,000