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Subsequent Events
6 Months Ended
Jun. 30, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
 
The Company has evaluated subsequent events through the date on which this Form 10-Q was filed, the date on which these financial statements were issued, and identified the items below for discussion.

Real Estate

On July 28, 2021, the Company acquired Overlook Village, a retail center in Asheville, North Carolina for a contract price of $28.4 million.

In July 2021, the Company entered into a purchase and sale agreement to sell Socastee Commons for a price of $3.8 million. The sale is expected to be completed by the end of 2021.

Indebtedness

In July 2021, the Company borrowed $25.0 million under the revolving credit facility to fund the acquisition of Overlook Village.

In July 2021, the Company borrowed $2.2 million on its construction loans to fund development activities.

In July 2021, the Company modified the John Hopkins Village loan. The modification makes changes to certain loan covenants. As a result of this modification, the Company is in compliance with the covenants of this loan agreement.