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

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Debt

The mortgage notes payable collateralized by respective properties and assignment of leases at December 31, 2018 and December 31, 2017, respectively, were as follows (in thousands, except interest rates):

Property	Maturity Date	Interest Rate		December 31, 2018			December 31, 2017
Santa Teresa Village	February 2018	6.200	%	$	—		$	10,138
Magnolia Shopping Center	October 2018	5.500	%	—			8,951
Casitas Plaza Shopping Center	June 2022	5.320	%	7,158			7,307
Riverstone Marketplace	July 2022	4.960	%	18,050			18,424
Fullerton Crossroads	April 2024	4.728	%	26,000			26,000
Diamond Hills Plaza	October 2025	3.550	%	35,500			35,500
				$	86,708		$	106,320
Mortgage premiums				2,074			1,921
Net unamortized deferred financing costs				(271		)	(326		)
Total mortgage notes payable				$	88,511		$	107,915

Schedule of Maturities of Long-term Debt

The combined aggregate principal maturities of the Company’s unsecured senior notes payable during the next five years and thereafter are as follows (in thousands):

	Principal Repayments
2019	$	—
2020	—
2021	—
2022	—
2023	250,000
Thereafter	700,000
Total	$	950,000

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
2019	$	—	$	551	$	481	$	1,032
2020	—		577		481		1,058
2021	—		717		481		1,198
2022	23,129		1,003		344		24,476
2023	—		686		216		902
Thereafter	58,787		1,258		71		60,116
Total	$	81,916	$	4,792	$	2,074	$	88,782

Schedule of Long-term Debt Instruments

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

	December 31, 2018			December 31, 2017
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,339		)	(2,737		)
Net unamortized deferred financing costs	(1,304		)	(1,567		)
Senior Notes Due 2023	$	246,357		$	245,696

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

	December 31, 2018			December 31, 2017
Term loan	$	300,000		$	300,000
Net unamortized deferred financing costs	(924		)	(1,184		)
Term loan	$	299,076		$	298,816

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

	December 31, 2018			December 31, 2017
Credit facility	$	156,000		$	143,500
Net unamortized deferred financing costs	(2,311		)	(3,171		)
Credit facility	$	153,689		$	140,329

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

	December 31, 2018			December 31, 2017
Principal amount	$	250,000		$	250,000
Unamortized debt discount	(2,252		)	(2,578		)
Net unamortized deferred financing costs	(1,314		)	(1,535		)
Senior Notes Due 2024	$	246,434		$	245,887

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

	December 31, 2018			December 31, 2017
Principal amount	$	200,000		$	200,000
Net unamortized deferred financing costs	(219		)	(248		)
Senior Notes Due 2026	$	199,781		$	199,752

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

	December 31, 2018			December 31, 2017
Principal amount	$	250,000		$	250,000
Net unamortized deferred financing costs	(1,123		)	(1,249		)
Senior Notes Due 2027	$	248,877		$	248,751

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

The unamortized balances of deferred financing costs associated with the Company’s term loan, unsecured revolving credit facility, Senior Notes Due 2027, Senior Notes Due 2026, Senior Notes Due 2024, Senior Notes Due 2023, and mortgage notes payable included as a direct reduction from the carrying amount of the related debt instrument in the Consolidated Balance Sheets as of December 31, 2018 that will be charged to future operations during the next five years and thereafter are as follows (in thousands):

	Financing Costs
2019	$	1,791
2020	1,791
2021	1,522
2022	848
2023	663
Thereafter	851
	$	7,466