Note 9 - Property Acquisition

3 Months Ended

Mar. 31, 2014

Disclosure Text Block Supplement [Abstract]

Mergers, Acquisitions and Dispositions Disclosures [Text Block]

Note 9. Property Acquisitions

During the three months ended March 31, 2014, the Company did not acquire any operating properties or land for development. In 2013, the Company acquired thirteen properties and made preliminary purchase price allocations primarily to the fair value of tangible assets (land, building, and improvements) as well as to intangibles. Further, the Company issued $314 million in equity in 2013 and used the majority of the proceeds to acquire these operating properties. Estimated purchase price allocations are subject to revision within the measurement period, not to exceed one year. Following is a summary of the Company’s 2013 operating property acquisitions.

Property Name	MSA	Acquisition Date	Acquisition Costs (Millions)
Shoppes of Eastwood	Orlando, FL	January 2013	$	11.6
Cool Springs Market	Nashville, TN	April 2013		37.6
Castleton Crossing	Indianapolis, IN	May 2013		39.0
Toringdon Market	Charlotte, NC	August 2013		15.9
Nine Property Portfolio:		November 2013	$	304.0
Beechwood Promenade	Athens, GA
Burnt Store Promenade	Punta Gorda, FL
Hunter’s Creek Promenade	Orlando, FL
Lakewood Promenade	Jacksonville, FL
Northdale Promenade	Tampa, FL
Kingwood Commons	Houston, TX
Portofino Shopping Center	Houston, TX
Clay Marketplace	Birmingham, AL
Trussville Promenade	Birmingham, AL