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Schedule III - Real Estate And Accumulated Depreciation
 12 Months Ended
Dec. 31, 2022
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)Year Acquired
Antoine Town Center
Houston, TX		$— $5,327 $14,333 $— $105 $5,327 $14,438 $19,765 $1,872  2020
Bay Landing
Bonita Springs, FL		— 1,687 9,283 — — 1,687 9,283 10,970 265 2022
Bear Creek Village Center
Wildomar, CA		— 3,523 12,384 — 435 3,523 12,819 16,342 6,388 2009
Bent Tree Plaza
Raleigh, NC		— 1,983 7,093 — 1,833 1,983 8,926 10,909 4,218 2009
Buckhead Crossing
Atlanta, GA		— 7,565 27,104 — 1,299 7,565 28,403 35,968 14,407 2009
Campus Marketplace
San Marcos, CA		— 26,928 43,445 55 747 26,983 44,192 71,175 9,414 2017
Cary Park Town Center
Cary, NC		— 5,555 17,280 — 22 5,555 17,302 22,857 3,449 2017
Commons at University Place
Durham, NC		— 3,198 17,909 — 34 3,198 17,943 21,141 2,444 2019
Coweta Crossing
Newnan, GA		— 1,143 4,590 — 2 1,143 4,592 5,735 2,471 2009
Custer Creek Village
Richardson, TX		— 4,750 12,245 — 1,260 4,750 13,505 18,255 6,351 2007
Eldorado Marketplace
Frisco, TX		— 15,732 49,311 — 388 15,732 49,699 65,431 5,864 2019
Eldridge Town Center & Windermere Village
Houston, TX		— 5,380 22,994 1,977 6,388 7,357 29,382 36,739 12,907 2005
Eastfield Village
Charlotte, NC		— 2,327 14,321 — — 2,327 14,321 16,648 108 2022
Garden Village
San Pedro, CA		— 3,188 16,522 3,268 1,666 6,456 18,188 24,644 8,388 2009
Gateway Market Center
St. Petersburg, FL		— 13,600 4,992 — 4,768 13,600 9,760 23,360 3,273 2010
Escarpment Village
Austin, TX		26,000 19,641 51,763 — — 19,641 51,763 71,404 1,890 2022
Kennesaw Marketplace
Kennesaw, GA		— 12,587 51,860 — 462 12,587 52,322 64,909 8,408 2018
Kyle Marketplace
Kyle, TX		— 6,076 48,220 711 578 6,787 48,798 55,585 9,032 2017
Lakeside & Lakeside Crossing
Winter Park, FL		— 16,594 41,085 — (116)16,594 40,969 57,563 5,520 2019
Market at Westlake
Westlake Hills, TX		— 1,200 6,274 (64)(42)1,136 6,232 7,368 3,165 2007
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)Year Acquired
Northcross Commons
Charlotte, NC		$— $7,591 $21,303 $— $680 $7,591 $21,983 $29,574 $4,864 2016
Old Grove Marketplace
Oceanside, CA		— 12,545 8,902 — 309 12,545 9,211 21,756 2,233 2016
Pavilion at La Quinta
LaQuinta, CA		— 15,200 20,947 — 1,722 15,200 22,669 37,869 10,996 2009
Peachland Promenade
Port Charlotte, FL		— 1,742 6,502 4,158 9,336 5,900 15,838 21,738 2,685 2009
PGA Plaza
Palm Beach Gardens, FL		— 10,414 75,730 — 904 10,414 76,634 87,048 11,885 2018
Plantation Grove
Ocoee, FL		7,300 3,705 6,300 — 917 3,705 7,217 10,922 2,217 2014
Plaza Midtown
Atlanta, GA		— 5,295 23,946 — 455 5,295 24,401 29,696 4,325 2017
Prestonwood Town Center
Dallas, TX		— 22,055 22,140 — 456 22,055 22,596 44,651 1,508 2021
Renaissance Center
Durham, NC		13,732 26,713 96,141 — 5,446 26,713 101,587 128,300 24,880 2016
Rio Pinar Plaza
Orlando, FL		— 5,171 26,903 676 1,755 5,847 28,658 34,505 7,124 2015
River Oaks
Santa Clarita, CA		— 24,598 88,418 — 1,531 24,598 89,949 114,547 16,290 2017
Riverview Village
Arlington, TX		— 6,000 9,649 — 394 6,000 10,043 16,043 5,219 2007
Riverwalk Market
Flower Mound, TX		— 5,931 23,922 — 727 5,931 24,649 30,580 5,475 2016
Rose Creek
Woodstock, GA		— 1,443 5,630 — 524 1,443 6,154 7,597 2,968 2009
Sandy Plains Centre
Marietta, GA		— 12,364 27,270 652 2,180 13,016 29,450 42,466 4,069 2018
Sarasota Pavilion
Sarasota, FL		— 12,000 25,823 — 5,301 12,000 31,124 43,124 12,711 2010
Scofield Crossing
Austin, TX		— 8,100 4,992 (576)3,031 7,524 8,023 15,547 2,952 2007
Shops at Fairview Town Center
Fairview, TX		— 7,299 25,233 — 624 7,299 25,857 33,156 3,167 2019
Shops at The Galleria
Bee Cave, TX		— 52,104 75,651 — 3,173 52,104 78,824 130,928 19,036 2016
Shops at Arbor Trails
Austin, TX		31,500 28,233 76,769 — — 28,233 76,769 105,002 2,874 2022
Sonterra Village
San Antonio, TX		— 5,150 15,095 (181)889 4,969 15,984 20,953 3,932 2015
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)Year Acquired
Southern Palm Crossing
Royal Palm Beach, FL		$— $37,735 $49,843 $(745)$660 $36,990 $50,503 $87,493 $6,788 2019
Stevenson Ranch
Stevenson Ranch, CA		— 29,519 39,190 — 324 29,519 39,514 69,033 9,388 2016
Suncrest Village
Orlando, FL		8,400 6,742 6,403 — 11,302 6,742 17,705 24,447 1,781 2014
Sycamore Commons
Matthews, NC		— 12,500 31,265 — 2,363 12,500 33,628 46,128 15,558 2010
Stone Ridge Market
San Antonio, TX		— 8,935 38,754 — — 8,935 38,754 47,689 — 2022
The Centre on Hugh Howell
Tucker, GA		— 2,250 11,091 — (4)2,250 11,087 13,337 5,972 2007
The Parke
Cedar Park, TX		— 9,271 83,078 — 1,337 9,271 84,415 93,686 16,224 2017
The Pointe at Creedmoor
Raleigh, NC		— 7,507 5,454 — 55 7,507 5,509 13,016 1,446 2016
The Highlands of Flower Mound
Flower Mound, TX		22,880 6,330 24,374 — — 6,330 24,374 30,704 762 2022
The Shops at Town Center & Century Station
Germantown, MD		— 19,998 29,776 — 933 19,998 30,709 50,707 6,366 2017
Thomas Crossroadas
Newnan, GA		— 1,622 8,322 — 1,949 1,622 10,271 11,893 4,471 2009
Travilah Square
Rockville, MD		— 8,964 39,836 — 355 8,964 40,191 49,155 4,530 2019
Trowbridge Crossing
Sandy Springs, GA		— 2,366 7,808 — 311 2,366 8,119 10,485 799 2020
University Oaks Shopping Center
Round Rock, TX		— 7,250 25,326 (170)8,698 7,080 34,024 41,104 15,822 2010
Westfork Plaza & Paraiso Parc
Pembroke Pines, FL		— 28,267 124,019 — 5,732 28,267 129,751 158,018 26,589 2017
Westpark Shopping Center
Glen Allen, VA		— 7,462 24,164 (4)5,071 7,458 29,235 36,693 6,643 2013
Windward Commons
Alpharetta, GA		— 12,823 13,779 (171)870 12,652 14,649 27,301 3,529 2016
Total corporate assets— — — — 2,998 — 2,998 2,998 1,449 -
Total$109,812 $641,178 $1,722,756 $9,586 $103,137 $650,764 $1,825,893 $2,476,657 $389,361 
Construction in progress— — — 5,005 — 5,005 5,005 — 
Total investment properties$641,178 $1,722,756 $9,586 $108,142 $650,764 $1,830,898 $2,481,662 $389,361 
Notes to Schedule III
The aggregate cost of real estate owned at December 31, 2022 for federal income tax purposes was approximately $2,730,371 (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:
202220212020
Balance at January 1,$2,273,103 $2,221,689 $2,204,891 
Acquisitions and capital improvements307,177 71,324 52,222 
Disposals and write-offs of assets no longer in service(98,618)(19,910)(35,424)
Balance at December 31,$2,481,662 $2,273,103 $2,221,689 
(D)Reconciliation of accumulated depreciation:
202220212020
Balance at January 1,$350,256 $292,248 $246,702 
Depreciation expense71,428 66,275 61,897 
Disposal and write-offs of assets no longer in service(32,323)(8,267)(16,351)
Balance at December 31,$389,361 $350,256 $292,248 
(E)Depreciation is computed based upon the following estimated lives:
Buildings and other improvements15-30 years
Tenant improvementsLife of the lease
Furniture, fixtures and equipment3-20 years