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Schedule III - Real Estate And Accumulated Depreciation
 12 Months Ended
Dec. 31, 2021
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)LandBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
Antoine Town Center
Houston, TX		$— $5,327 $14,333 $— $37 $5,327 $14,370 $19,697 $1,210 2020
Bear Creek Village Center
Wildomar, CA		— 3,523 12,384 — 427 3,523 12,811 16,334 5,904 2009
Bent Tree Plaza
Raleigh, NC		— 1,983 7,093 — 1,880 1,983 8,973 10,956 3,874 2009
Buckhead Crossing
Atlanta, GA		— 7,565 27,104 — 1,275 7,565 28,379 35,944 13,218 2009
Campus Marketplace
San Marcos, CA		— 26,928 43,445 55 467 26,983 43,912 70,895 7,828 2017
Cary Park Town Center
Cary, NC		— 5,555 17,280 — 22 5,555 17,302 22,857 2,805 2017
Centerplace of Greeley
Greeley, CO		— 3,904 14,715 (23)662 3,881 15,377 19,258 6,944 2009
Cheyenne Meadows
Colorado Springs, CO		— 2,023 6,991 — 303 2,023 7,294 9,317 3,380 2009
Commons at University Place
Durham, NC		— 3,198 17,909 — — 3,198 17,909 21,107 1,817 2019
Coweta Crossing
Newnan, GA		— 1,143 4,590 — 8 1,143 4,598 5,741 2,284 2009
Custer Creek Village
Richardson, TX		— 4,750 12,245 — 1,760 4,750 14,005 18,755 6,449 2007
Eldorado Marketplace
Frisco, TX		— 15,732 49,311 — 127 15,732 49,438 65,170 4,091 2019
Eldridge Town Center & Windermere Village
Houston, TX		— 5,380 22,994 1,977 5,770 7,357 28,764 36,121 12,134 2005
Garden Village
San Pedro, CA		— 3,188 16,522 3,268 1,470 6,456 17,992 24,448 7,675 2009
Gateway Market Center
St. Petersburg, FL		— 13,600 4,992 — 4,421 13,600 9,413 23,013 2,884 2010
Kennesaw Marketplace
Kennesaw, GA		— 12,587 51,860 — 420 12,587 52,280 64,867 6,541 2018
Kyle Marketplace
Kyle, TX		— 6,076 48,220 — 468 6,076 48,688 54,764 7,412 2017
Lakeside & Lakeside Crossing
Winter Park, FL		— 16,594 41,085 — (237)16,594 40,848 57,442 4,031 2019
Market at Westlake
Westlake Hills, TX		— 1,200 6,274 (64)210 1,136 6,484 7,620 3,257 2007
Northcross Commons
Charlotte, NC		— 7,591 21,303 — 637 7,591 21,940 29,531 4,067 2016
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)LandBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
Old Grove Marketplace
Oceanside, CA		$— $12,545 $8,902 $— $232 $12,545 $9,134 $21,679 $1,885 2016
Pavilion at La Quinta
LaQuinta, CA		22,399 15,200 20,947 — 1,571 15,200 22,518 37,718 10,122 2009
Peachland Promenade
Port Charlotte, FL		— 1,742 6,502 4,158 9,450 5,900 15,952 21,852 2,291 2009
PGA Plaza
Palm Beach Gardens, FL		— 10,414 75,730 — 698 10,414 76,428 86,842 9,237 2018
Plantation Grove
Ocoee, FL		7,300 3,705 6,300 — 719 3,705 7,019 10,724 1,927 2014
Plaza Midtown
Atlanta, GA		— 5,295 23,946 — 381 5,295 24,327 29,622 3,509 2017
Prestonwood Town Center
Dallas, TX		— 22,055 22,140 — — 22,055 22,140 44,195 547 2021
Renaissance Center
Durham, NC		14,107 26,713 96,141 — 4,763 26,713 100,904 127,617 21,283 2016
Rio Pinar Plaza
Orlando, FL		— 5,171 26,903 676 1,758 5,847 28,661 34,508 6,076 2015
River Oaks
Santa Clarita, CA		— 24,598 88,418 — 1,081 24,598 89,499 114,097 13,340 2017
Riverview Village
Arlington, TX		— 6,000 9,649 — 908 6,000 10,557 16,557 5,526 2007
Riverview Market
Flower Mound, TX		— 5,931 23,922 — 548 5,931 24,470 30,401 4,557 2016
Rose Creek
Woodstock, GA		— 1,443 5,630 — 500 1,443 6,130 7,573 2,767 2009
Sandy Plains Centre
Marietta, GA		— 12,364 27,270 652 2,182 13,016 29,452 42,468 3,024 2018
Sarasota Pavilion
Sarasota, FL		— 12,000 25,823 — 4,796 12,000 30,619 42,619 11,730 2010
Scofield Crossing
Austin, TX		— 8,100 4,992 (576)3,454 7,524 8,446 15,970 3,122 2007
Shops at Fairview Town Center
Fairview, TX		— 7,299 25,233 — 208 7,299 25,441 32,740 2,230 2019
Shops at The Galleria
Bee Cave, TX		— 52,104 75,651 — 2,006 52,104 77,657 129,761 16,117 2016
Sonterra Village
San Antonio, TX		— 5,150 15,095 (181)689 4,969 15,784 20,753 3,350 2015
Southern Palm Crossing
Royal Palm Beach, FL		— 37,735 49,843 (745)260 36,990 50,103 87,093 4,698 2019
Stevenson Ranch
Stevenson Ranch, CA		— 29,519 39,190 — 139 29,519 39,329 68,848 8,035 2016
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)LandBuildings and ImprovementsTotal (C)Accumulated Depreciation (D,E)Date Acquired
Suncrest Village
Orlando, FL		$8,400 $6,742 $6,403 $— $(1,374)$6,742 $5,029 $11,771 $1,427 2014
Sycamore Commons
Matthews, NC		— 12,500 31,265 — 2,015 12,500 33,280 45,780 14,245 2010
The Centre on Hugh Howell
Tucker, GA		— 2,250 11,091 — 1,007 2,250 12,098 14,348 6,599 2007
The Parke
Cedar Park, TX		— 9,271 83,078 — 1,162 9,271 84,240 93,511 13,131 2017
The Pointe at Creedmoor
Raleigh, NC		— 7,507 5,454 — 55 7,507 5,509 13,016 1,222 2016
The Shops at Town Center & Century Station
Germantown, MD		— 19,998 29,776 — 849 19,998 30,625 50,623 5,228 2017
The Shops at Walnut Creek
Westminster, CO		28,630 10,132 44,089 — 6,530 10,132 50,619 60,751 11,222 2015
Thomas Crossroadas
Newnan, GA		— 1,622 8,322 — 1,552 1,622 9,874 11,496 4,129 2009
Travilah Square
Rockville, MD		— 8,964 39,836 — 298 8,964 40,134 49,098 3,163 2019
Trowbridge Crossing
Sandy Springs, GA		— 2,366 7,808 — 311 2,366 8,119 10,485 503 2020
University Oaks Shopping Center
Round Rock, TX		25,119 7,250 25,326 (170)8,504 7,080 33,830 40,910 14,405 2010
Westfork Plaza & Paraiso Parc
Pembroke Pines, FL		— 28,267 124,019 — 5,414 28,267 129,433 157,700 21,891 2017
Westpark Shopping Center
Glen Allen, VA		— 7,462 24,164 (4)4,732 7,458 28,896 36,354 5,458 2013
Windward Commons
Alpharetta, GA		— 12,823 13,779 (171)870 12,652 14,649 27,301 2,914 2016
Total corporate assets— — — — 2,843 — 2,843 2,843 1,541 -
Total$105,955 $590,084 $1,573,287 $8,852 $91,238 $598,936 $1,664,525 $2,263,461 $350,256 
Construction in progress— — — 9,642 — 9,642 9,642 — 
Total investment properties$590,084 $1,573,287 $8,852 $100,880 $598,936 $1,674,167 $2,273,103 $350,256 
Notes to Schedule III
The aggregate cost of real estate owned at December 31, 2021 for federal income tax purposes was approximately $2,503,849 (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:
202120202019
Balance at January 1,$2,221,689 $2,204,891 $2,242,283 
Acquisitions and capital improvements71,324 52,222 359,753 
Disposals and write-offs of assets no longer in service(19,910)(35,424)(397,145)
Balance at December 31,$2,273,103 $2,221,689 $2,204,891 
(D)Reconciliation of accumulated depreciation:
202120202019
Balance at January 1,$292,248 $246,702 $286,330 
Depreciation expense66,275 61,897 66,808 
Disposal and write-offs of assets no longer in service(8,267)(16,351)(106,436)
Balance at December 31,$350,256 $292,248 $246,702 
(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