XML 80 R10.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Property Held For Lease And Rental Income | 12 Months Ended
--- | ---
Sep. 27, 2014
Property Held For Lease And Rental Income [Abstract] |
Property Held For Lease And Rental Income | 4. Property Held for Lease and Rental Income At September 2 7, 201 4, the Company owned and operated 69 shopping centers in conjunction with its supermarket operations. The Company leases to others a portion of its shopping center properties. The leases are non-cancelable operating lease agreements for periods ranging up to 25 years. Rental income is included in the line item “Net sales” on the Consolidated Statement of Income. Depreciation on owned properties leased to others and other shopping center expenses are included in the line item “Cost of goods sold” on the Consolidated Statements of Income.
|  | 2014 |  | 2013 |  | 2012
Rents earned on owned and subleased properties: |  |  |  |  |  |  |  |  |
Base rentals including lease termination payments |  | $ | 7,875,101 |  | $ | 7,997,136 |  | $ | 8,352,748
Contingent rentals |  |  | 331,352 |  |  | 257,598 |  |  | 528,083
Total |  |  | 8,206,453 |  |  | 8,254,734 |  |  | 8,880,831
Depreciation on owned properties leased to others |  |  | (5,363,637) |  |  | (5,220,102) |  |  | (5,478,307)
Other shopping center expenses |  |  | (1,982,212) |  |  | (1,936,250) |  |  | (1,958,178)
Total |  | $ | 860,604 |  | $ | 1,098,382 |  | $ | 1,444,346
Owned properties leased or held for lease to others under operating leases by major classes are summarized as follows:
|  | September 27, |  | September 28,
|  | 2014 |  | 2013
Land |  | $ | 41,796,507 |  | $ | 39,487,058
Buildings |  |  | 168,884,878 |  |  | 162,673,028
Total |  |  | 210,681,385 |  |  | 202,160,086
Less accumulated depreciation |  |  | (103,238,395) |  |  | (93,950,201)
Total |  | $ | 107,442,990 |  | $ | 108,209,885
The above amounts are included on the Consolidated B alance S heet s in the caption “Property and e quipment, net.” The following is a schedule of minimum future rental income on non-cancelable operating leases as of September 27, 2014:
Fiscal Year |  |  |
2015 |  | $ | 4,941,290
2016 |  |  | 3,891,919
2017 |  |  | 2,639,172
2018 |  |  | 1,454,504
2019 |  |  | 1,045,880
Thereafter |  |  | 2,499,485
Total minimum future rental income |  | $ | 16,472,250

X
- Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 6 -Subparagraph a -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 28 -Article 12 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Subparagraph 4 -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 11 -Article 9 + Details
Name: | us-gaap_RealEstateDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration