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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the respective acquisition dates:

 

 

 

Sears

Stores

 

 

Macy's

Stores

 

 

Total

 

Land

 

$

45,028

 

 

$

4,635

 

 

$

49,663

 

Building and improvements

 

 

14,814

 

 

 

1,965

 

 

 

16,779

 

Tenant improvements

 

 

4,234

 

 

 

377

 

 

 

4,611

 

Above-market leases

 

 

681

 

 

 

 

 

 

681

 

In-place leases

 

 

8,364

 

 

 

579

 

 

 

8,943

 

Total assets

 

 

73,121

 

 

 

7,556

 

 

 

80,677

 

Below-market leases

 

 

( 356

)

 

 

( 522

)

 

 

( 878

)

Net assets acquired

 

$

72,765

 

 

$

7,034

 

 

$

79,799