Mortgage Notes Payable, Credit Facilities and Senior Notes (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of Debt

The mortgage notes payable collateralized by respective properties and assignment of leases at December 31, 2016 and December 31, 2015, respectively, were as follows (in thousands, except interest rates):

Property	Maturity Date	Interest Rate		December 31, 2016			December 31, 2015
Gateway Village III	July 2016	6.10	%	$	—		$	7,166
Bernardo Heights Plaza	July 2017	5.70	%	8,216			8,404
Santa Teresa Village	February 2018	6.20	%	10,383			10,613
Magnolia Shopping Center	October 2018	5.50	%	9,135			—
Casitas Plaza Shopping Center	June 2022	5.32	%	7,449			—
Diamond Hills Plaza	October 2025	3.55	%	35,500			35,500
				$	70,683		$	61,683
Mortgage premiums				1,037			922
Net unamortized deferred financing costs				(417		)	(449		)
Total mortgage notes payable				$	71,303		$	62,156

Schedule of Maturities of Long-term Debt

The combined aggregate principal maturities of mortgage notes payable during the next five years and thereafter are as follows (in thousands):

	Principal Repayments		Scheduled Amortization		Mortgage Premium		Total
2017	$	8,099	$	689	$	592	$	9,380
2018	18,900		336		204		19,440
2019	—		157		70		227
2020	—		166		70		236
2021	—		282		70		352
Thereafter	39,372		2,682		31		42,085
Total	$	66,371	$	4,312	$	1,037	$	71,720

Schedule of Long-term Debt Instruments

The carrying values of the Company’s term loan (the “term loan”) were as follows (in thousands):

	December 31, 2016			December 31, 2015
Term loan	$	300,000		$	300,000
Net unamortized deferred financing costs	(809		)	(1,198		)
Term loan:	$	299,191		$	298,802

The carrying value of the Company’s Senior Notes Due 2026 is as follows (in thousands):

	December 31, 2016			December 31, 2015
Principal amount	$	200,000		$	—
Net unamortized deferred financing costs	(273		)	—
Senior Notes Due 2026:	$	199,727		$	—

The carrying value of the Company’s Senior Notes Due 2024 is as follows (in thousands):

	December 31, 2016			December 31, 2015
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,891		)	(3,191		)
Net unamortized deferred financing costs	(1,755		)	(1,976		)
Senior Notes Due 2024:	$	245,354		$	244,833

The carrying values of the Company’s unsecured revolving credit facility were as follows (in thousands):

	December 31, 2016			December 31, 2015
Credit facility	$	98,000		$	135,500
Net unamortized deferred financing costs	(2,346		)	(3,472		)
Credit facility:	$	95,654		$	132,028

The carrying value of the Company’s Senior Notes Due 2023 is as follows (in thousands):

	December 31, 2016			December 31, 2015
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(3,119		)	(3,482		)
Net unamortized deferred financing costs	(1,830		)	(2,092		)
Senior Notes Due 2023:	$	245,051		$	244,426