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

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Schedule of Debt

The mortgage notes payable collateralized by respective properties and assignment of leases at September 30, 2017 and December 31, 2016, respectively, were as follows (in thousands):

Property	Maturity Date	Interest Rate		September 30, 2017			December 31, 2016
Bernardo Heights Plaza	July 2017	5.70	%	—			8,216
Santa Teresa Village	February 2018	6.20	%	10,200			10,383
Magnolia Shopping Center	October 2018	5.50	%	8,998			9,135
Casitas Plaza Shopping Center	June 2022	5.32	%	7,343			7,449
Diamond Hills Plaza	October 2025	3.55	%	35,500			35,500
				$	62,041		$	70,683
Mortgage premiums				570			1,037
Net unamortized deferred financing costs				(346		)	(417		)
Total mortgage notes payable				$	62,265		$	71,303

Schedule of Long-term Debt Instruments

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

	September 30, 2017			December 31, 2016
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,657		)	(2,891		)
Net unamortized deferred financing costs	(1,590		)	(1,755		)
Senior Notes Due 2024:	$	245,753		$	245,354

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

	September 30, 2017			December 31, 2016
Credit Facility	$	317,000		$	98,000
Net unamortized deferred financing costs	(3,263		)	(2,346		)
Credit Facility:	$	313,737		$	95,654

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

	September 30, 2017			December 31, 2016
Term Loan	$	300,000		$	300,000
Net unamortized deferred financing costs	(1,247		)	(809		)
Term Loan:	$	298,753		$	299,191

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

	September 30, 2017			December 31, 2016
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,835		)	(3,119		)
Net unamortized deferred financing costs	(1,632		)	(1,830		)
Senior Notes Due 2023:	$	245,533		$	245,051

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

	September 30, 2017			December 31, 2016
Principal amount	$	200,000		$	200,000
Net unamortized deferred financing costs	(255		)	(273		)
Senior Notes Due 2026:	$	199,745		$	199,727