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Subsequent Events
3 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Equity Transactions
On April 13, 2020, the Company sold a total of 57,792 shares and generated $136 in gross offering proceeds under the DRP.
Prepayments of Mortgage Payables and Disposal of Retail Property
On April 30, 2020, the Company prepaid a total of $26,349 of mortgages payable on two retail properties with cash on hand.
On May 1, 2020, the Company disposed of Woodlake Crossing, a 160,000 square foot power center located in San Antonio, TX for a gross disposition price of $5,500.
Impact of the COVID-19 Pandemic on the Company's Financial Statements
The Company has received requests for assistance from its tenants and is evaluating each request on an individual basis. The Company does not expect all tenant requests will result in amended agreements, nor does it intend to forgo our contractual rights under our lease agreements.
While the Company has already begun to experience significant disruptions to its financial condition, results of operations, and cash flows from the COVID-19 pandemic, it is unable to estimate the extent of those disruptions due to the dynamic nature of the situation and numerous uncertainties that exist. These uncertainties include, among others, the scope, severity and duration of the pandemic, the actions required to contain the pandemic or mitigate its impact, the direct and indirect economic effects of the pandemic and containment measures, and the length and nature of a recovery, among others.