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Acquired Properties (Tables) | 6 Months Ended
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Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Asset Acquisitions | The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the six months ended June 30, 2023:
Acquisition Date |  | Property |  | Metropolitan Area |  | Square Feet |  | Gross Acquisition Price |  | Assumption of Mortgage Debt
January 18, 2023 |  | Bay Colony (a) |  | Houston, TX |  | 416 |  |  | $ | 79,100 |  |  | $ | 41,969 |
January 18, 2023 |  | Blackhawk Town Center (a) |  | Houston, TX |  | 127 |  |  | 26,300 |  |  | 13,008 |
January 18, 2023 |  | Cyfair Town Center (a) |  | Houston, TX |  | 433 |  |  | 79,200 |  |  | 30,880 |
January 18, 2023 |  | Stables Town Center (a) |  | Houston, TX |  | 148 |  |  | 37,000 |  |  | 6,611 |
June 2, 2023 |  | The Shoppes at Davis Lake |  | Charlotte, NC |  | 91 |  |  | 22,400 |  |  | — |
|  |  |  |  |  | 1,215 |  |  | $ | 244,000 |  |  | $ | 92,468 |
(a)These retail properties were acquired from the Company's unconsolidated joint venture, IAGM, as disclosed in "Note 6. Investment in Unconsolidated Entities". The Company recognized a fair value adjustment of $692 related to the pooled mortgage debt on these properties. The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the six months ended June 30, 2022:
Acquisition Date |  | Property |  | Metropolitan Area |  | Square Feet |  | Gross Acquisition Price |  | Assumption of Mortgage Debt
February 2, 2022 |  | Shops at Arbor Trails |  | Austin, TX |  | 357 |  |  | $ | 112,190 |  |  | $ | 31,500 |
February 2, 2022 |  | Escarpment Village |  | Austin, TX |  | 170 |  |  | 77,150 |  |  | 26,000 |
April 21, 2022 |  | The Highlands of Flower Mound (a) |  | Dallas, TX |  | 175 |  |  | 38,000 |  |  | 22,880 |
May 4, 2022 |  | Bay Landing |  | Fort Myers, FL |  | 63 |  |  | 10,425 |  |  | — |
June 10, 2022 |  | Kyle Marketplace - Outparcel (b) |  | Austin, TX |  | — |  |  | 705 |  |  | — |
|  |  |  |  |  | 765 |  |  | $ | 238,470 |  |  | $ | 80,380 |
(a)The retail property was acquired from the Company's unconsolidated joint venture, IAGM, as disclosed in "Note 6. Investment in Unconsolidated Entities". The Company recognized a fair value adjustment of $499 related to the mortgage payable secured by the property. (b)The Company acquired a parcel of vacant land adjacent to this retail property.

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- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480123/805-50-15-3 + Details
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- References No definition available. + Details
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