XML 84 R70.htm IDEA: XBRL DOCUMENT v3.10.0.1
INCOME PROPERTIES - Acquisitions (Details)
12 Months Ended
Feb. 21, 2018
USD ($)
Dec. 31, 2018
USD ($)
property
Dec. 31, 2017
USD ($)
property
Jan. 31, 2018
a
restaurant
Acquisitions of Income Properties        
Number of real estate properties | property   4    
Amount allocated of total acquisition cost        
Weighted average amortization period of intangible assets   14 years    
Weighted average amortization period of intangible liabilities   14 years    
LandShark Bar and Grill        
Amount allocated of total acquisition cost        
Number of restaurants | restaurant       2
Acres | a       6
Florida        
Amount allocated of total acquisition cost        
Tenant Contributions   $ 1,900,000    
Net cash investment   26,500,000    
Aspen, Colorado        
Amount allocated of total acquisition cost        
Tenant Contributions $ 1,500,000 1,500,000    
Net cash investment $ 1,500,000      
Real Estate Operations        
Acquisitions of Income Properties        
Payments to Acquire Commercial Real Estate   $ 106,636,566    
Single-tenant        
Acquisitions of Income Properties        
Number of real estate properties | property   11    
Single-tenant | Aspen, Colorado        
Acquisitions of Income Properties        
Payments to Acquire Commercial Real Estate   $ 28,000,000    
Multi-tenant        
Acquisitions of Income Properties        
Number of real estate properties | property   4    
2017 acquisitions of income property subject to a lease | Real Estate Operations        
Acquisitions of Income Properties        
Payments to Acquire Commercial Real Estate     $ 79,800,000  
Aggregate acquisition cost including capitalized acquisition costs     $ 80,600,000  
Amount allocated of total acquisition cost        
Weighted average amortization period of intangible assets     8 years 10 months 24 days  
Weighted average amortization period of intangible liabilities     8 years 10 months 24 days  
2017 acquisitions of income property subject to a lease | Real Estate Operations | Nonrecurring basis        
Acquisitions of Income Properties        
Land     $ 28,000,000  
Buildings and improvements     45,200,000  
Intangible assets pertaining to the in-place lease value, leasing fees and above market lease value     9,300,000  
Intangible liabilities for below market lease value     $ 1,900,000  
2017 acquisitions of income property subject to a lease | Single-tenant        
Acquisitions of Income Properties        
Number of real estate properties | property     4  
2017 acquisitions of income property subject to a lease | Multi-tenant        
Acquisitions of Income Properties        
Number of real estate properties | property     2  
2018 acquisitions of income property subject to a lease | Real Estate Operations        
Acquisitions of Income Properties        
Aggregate acquisition cost including capitalized acquisition costs     $ 107,800,000  
Amount allocated of total acquisition cost        
Weighted average amortization period of intangible assets   13 years 2 months 12 days    
Weighted average amortization period of intangible liabilities   13 years 2 months 12 days    
2018 acquisitions of income property subject to a lease | Real Estate Operations | Nonrecurring basis        
Acquisitions of Income Properties        
Land     47,900,000  
Buildings and improvements     45,600,000  
Intangible assets pertaining to the in-place lease value, leasing fees and above market lease value     15,600,000  
Intangible liabilities for below market lease value     $ 1,300,000  
2018 acquisitions of income property subject to a lease | Single-tenant        
Acquisitions of Income Properties        
Number of real estate properties | property     11