Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables) [Line Items]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

The unamortized balances of deferred leasing costs included in deferred charges in the Consolidated Balance Sheets as of December 31, 2018 that will be charged to future operations are as follows (in thousands):

	Lease Origination Costs
2019	$	7,041
2020	5,802
2021	4,867
2022	4,029
2023	3,098
Thereafter	9,020
	$	33,857

Schedule of Cash Flow, Supplemental Disclosures

The following tables provides supplemental disclosures related to the Consolidated Statements of Cash Flows (in thousands):

	Year Ended December 31,
	2018			2017		2016
Supplemental disclosure of cash activities:
Cash paid on gross receipts and income for federal and state purposes	$	291		$	253	$	206
Interest paid	$	60,494		$	46,271	$	34,275
Other non-cash investing and financing activities:
Issuance of OP Units in connection with acquisitions	$	—		$	49,599	$	46,140
Fair value of assumed mortgages upon acquisition	$	—		$	46,801	$	17,618
Intangible lease liabilities	$	1,680		$	48,684	$	32,615
Interest rate swap asset	$	610		$	3,446	$	875
Interest rate swap liabilities	$	580		$	—	$	—
Accrued real estate improvement costs	$	(1,367	)	$	383	$	601
Redemption / exchange of OP Units	$	—		$	50,155	$	15,990

ROIC

Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables) [Line Items]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the reconciliation between basic and diluted EPS for ROIC (in thousands, except share data):

	Year Ended December 31,
	2018			2017			2016
Numerator:
Net income	$	47,141		$	42,688		$	36,430
Less income attributable to non-controlling interests	(4,405		)	(4,211		)	(3,676		)
Less earnings allocated to unvested shares	(401		)	(319		)	(270		)
Net income available for common stockholders, basic	$	42,335		$	38,158		$	32,484
Numerator:
Net income	$	47,141		$	42,688		$	36,430
Less earnings allocated to unvested shares	(401		)	(319		)	(270		)
Net income available for common stockholders, diluted	$	46,740		$	42,369		$	36,160
Denominator:
Denominator for basic EPS – weighted average common equivalent shares	112,645,490			109,400,123			104,072,222
OP units	11,626,312			12,060,835			11,747,509
Restricted stock awards – performance-based	183,683			153,807			86,996
Stock options	103,408			129,066			133,213
Denominator for diluted EPS – weighted average common equivalent shares	124,558,893			121,743,831			116,039,940

Retail Opportunity Investments Partnership L.P.

Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables) [Line Items]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the reconciliation between basic and diluted earnings per unit for the Operating Partnership (in thousands, except unit data):

	Year Ended December 31,
	2018			2017			2016
Numerator:
Net income	$	47,141		$	42,688		$	36,430
Less earnings allocated to unvested shares	(401		)	(319		)	(270		)
Net income available to unitholders, basic and diluted	$	46,740		$	42,369		$	36,160
Denominator:
Denominator for basic earnings per unit – weighted average common equivalent units	124,271,802			121,460,958			115,819,731
Restricted stock awards – performance-based	183,683			153,807			86,996
Stock options	103,408			129,066			133,213
Denominator for diluted earnings per unit – weighted average common equivalent units	124,558,893			121,743,831			116,039,940