XML 20 R10.htm IDEA: XBRL DOCUMENT v3.22.2
Acquired Properties
6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Acquired Properties Acquired Properties
The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the six months ended June 30, 2022:
Acquisition DatePropertyMetropolitan AreaSquare FeetGross
Acquisition Price
Assumption of
Mortgage Debt
February 2, 2022Shops at Arbor TrailsAustin, TX357 $112,190 $31,500 
February 2, 2022Escarpment VillageAustin, TX170 77,150 26,000 
April 21, 2022The Highlands of Flower Mound (a)Dallas, TX175 38,000 22,880 
May 4, 2022Bay LandingFort Myers, FL63 10,425 — 
June 10, 2022Kyle Marketplace - Outparcel (b)Austin, TX— 705 — 
765 $238,470 $80,380 
(a)This retail property was acquired from the Company's unconsolidated joint venture, as disclosed in "Note 6. Investment in Unconsolidated Entities". The Company recognized a fair value adjustment of $499 to the mortgage payable secured by the property.
(b)The Company acquired a parcel of vacant land adjacent to this retail property.
Transaction costs of $886 were capitalized during the six months ended June 30, 2022. There were no retail properties acquired during the six months ended June 30, 2021.