XML 28 R11.htm IDEA: XBRL DOCUMENT
v3.20.4

Real Estate Property, Net and Other Property, Net | 12 Months Ended
--- | ---
Dec. 31, 2020
Property, Plant and Equipment [Abstract] |
Real Estate Property, Net and Other Property, Net | Real Estate Property, Net and Other Property, Net Real estate property, net as of December 31, 2020 and 2019 includes the following (in millions):
|  | 2020 |  | 2019
Land |  | $ | 769.6 |  |  | $ | 768.8 |
Buildings |  | 696.0 |  |  | 692.4 |
Other property improvements |  | 84.1 |  |  | 79.0 |
Subtotal |  | 1,549.7 |  |  | 1,540.2 |
Accumulated depreciation |  | (154.4) |  |  | (127.5) |
Real estate property, net |  | $ | 1,395.3 |  |  | $ | 1,412.7 |
Other property, net, as of December 31, 2020 and 2019 was as follows (in millions):
|  | 2020 |  | 2019
Land |  | $ | 39.3 |  |  | $ | 38.4 |
Buildings |  | 18.5 |  |  | 19.7 |
Asphalt plants, machinery and equipment |  | 104.4 |  |  | 105.5 |
Water, power and sewer systems |  | 19.7 |  |  | 30.6 |
Other property improvements |  | 6.4 |  |  | 6.8 |
Subtotal |  | 188.3 |  |  | 201.0 |
Accumulated depreciation |  | (77.5) |  |  | (76.6) |
Other property, net |  | $ | 110.8 |  |  | $ | 124.4 |
As noted in Note 2, the Company may capitalize a portion of interest costs incurred to long-lived assets for developments, major redevelopments and other projects that meet certain criteria. Total interest costs incurred were $30.6 million, $34.1 million, and $35.9 million in 2020, 2019 and 2018, respectively. Capitalized interest costs related to development activities were $0.3 million, $1.0 million and $0.6 million in 2020, 2019 and 2018, respectively. Depreciation expense for the years ended December 31, 2020, 2019 and 2018 was $38.8 million, $35.6 million and $32.5 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration