XML 22 R10.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Acquired Properties
 3 Months Ended
Mar. 31, 2024
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 three months ended March 31, 2024:
Acquisition DatePropertyMetropolitan AreaSquare FeetGross
Acquisition Price		Assumption of
Mortgage Debt
February 1, 2024The Plant (a)Phoenix, AZ57 $29,500 $13,000 
57 $29,500 $13,000 
(a)The Company recognized a fair value adjustment of $410 related to the mortgage payable secured by the property.
The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the three months ended March 31, 2023:
Acquisition DatePropertyMetropolitan AreaSquare FeetGross
Acquisition Price		Assumption of
Mortgage Debt
January 18, 2023Bay Colony (a)Houston, TX416 $79,100 $41,969 
January 18, 2023Blackhawk Town Center (a)Houston, TX127 26,300 13,008 
January 18, 2023Cyfair Town Center (a)Houston, TX433 79,200 30,880 
January 18, 2023Stables Town Center (a)Houston, TX148 37,000 6,611 
1,124 $221,600 $92,468 
(a)These retail properties were acquired from the Company's unconsolidated joint venture, IAGM Retail Fund I, LLC, 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.
Transaction costs of $108 and $78 were capitalized during the three months ended March 31, 2024 and 2023, respectively.