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

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of Debt

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

Property	Maturity Date	Interest Rate		December 31, 2017			December 31, 2016
Bernardo Heights Plaza	July 2017	5.700	%	$	—		$	8,216
Santa Teresa Village	February 2018	6.200	%	10,138			10,383
Magnolia Shopping Center	October 2018	5.500	%	8,951			9,135
Casitas Plaza Shopping Center	June 2022	5.320	%	7,307			7,449
Riverstone Marketplace	July 2022	4.960	%	18,424			—
Fullerton Crossroads	April 2024	4.728	%	26,000			—
Diamond Hills Plaza	October 2025	3.550	%	35,500			35,500
				$	106,320		$	70,683
Mortgage premiums				1,921			1,037
Net unamortized deferred financing costs				(326		)	(417		)
Total mortgage notes payable				$	107,915		$	71,303

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
2018	$	18,900	$	712	$	493	$	20,105
2019	—		550		360		910
2020	—		577		360		937
2021	—		717		360		1,077
2022	23,130		1,003		223		24,356
Thereafter	58,787		1,944		125		60,856
Total	$	100,817	$	5,503	$	1,921	$	108,241

Schedule of Long-term Debt Instruments

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

	December 31, 2017			December 31, 2016
Credit facility	$	143,500		$	98,000
Net unamortized deferred financing costs	(3,171		)	(2,346		)
Credit facility	$	140,329		$	95,654

The carrying value of the Company’s unsecured Senior Notes Due 2027 is as follows (in thousands):

	December 31, 2017			December 31, 2016
Principal amount	$	250,000		$	—
Net unamortized deferred financing costs	(1,249		)	—
Senior Notes Due 2027	$	248,751		$	—

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

	December 31, 2017			December 31, 2016
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,578		)	(2,891		)
Net unamortized deferred financing costs	(1,535		)	(1,755		)
Senior Notes Due 2024	$	245,887		$	245,354

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

	December 31, 2017			December 31, 2016
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,737		)	(3,119		)
Net unamortized deferred financing costs	(1,567		)	(1,830		)
Senior Notes Due 2023	$	245,696		$	245,051

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

	December 31, 2017			December 31, 2016
Principal amount	$	200,000		$	200,000
Net unamortized deferred financing costs	(248		)	(273		)
Senior Notes Due 2026	$	199,752		$	199,727

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

	December 31, 2017			December 31, 2016
Term loan	$	300,000		$	300,000
Net unamortized deferred financing costs	(1,184		)	(809		)
Term loan	$	298,816		$	299,191