XML 72 R62.htm IDEA: XBRL DOCUMENT v3.22.1
INCOME PROPERTIES - Acquisitions (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
ft²
Mar. 31, 2021
USD ($)
ft²
property
Acquisitions of Income Properties    
Weighted average amortization period of intangible assets 7 years 8 months 12 days  
2022 Acquisitions    
Acquisitions of Income Properties    
Weighted average amortization period of intangible assets 5 years 8 months 12 days  
2022 Acquisitions | Nonrecurring basis    
Acquisitions of Income Properties    
Land $ 15,600  
Buildings and improvements 17,900  
Intangible assets pertaining to the in-place lease value, leasing fees and above market lease value 5,900  
Intangible liabilities for below market lease value 200  
2022 Acquisitions | Income Property, Multi-tenant, Katy, Texas [Member]    
Acquisitions of Income Properties    
Aggregate acquisition cost including capitalized acquisition costs $ 39,200  
Property Square-Feet | ft² 205,813  
Purchase Price $ 39,100  
Percentage Leased at Acquisition 95.00%  
Remaining Lease Term at Acquisition Date (in years) 5 years 8 months 12 days  
2022 Acquisitions | Income Property, Multi-tenant, Katy, Texas [Member] | Fixed-Rate Mortgage Note    
Acquisitions of Income Properties    
Aggregate outstanding principal balance $ 17,800  
2021 Acquisitions    
Acquisitions of Income Properties    
Number of real estate properties | property   2
Aggregate acquisition cost including capitalized acquisition costs   $ 38,600
Land   18,400
Buildings and improvements   14,300
Intangible assets pertaining to the in-place lease value, leasing fees and above market lease value   $ 5,900
Weighted average amortization period of intangible assets   7 years 7 months 6 days
Purchase Price   $ 38,500
2021 Acquisitions | Income Property, Multi-tenant, Jordan Landing, West Jordan, Utah    
Acquisitions of Income Properties    
Aggregate acquisition cost including capitalized acquisition costs   $ 20,100
Property Square-Feet | ft²   170,996
Purchase Price   $ 20,000
Percentage Leased at Acquisition   100.00%
Remaining Lease Term at Acquisition Date (in years)   7 years 10 months 24 days
2021 Acquisitions | Income Property, Multi-tenant, Eastern Commons, Henderson, Nevada    
Acquisitions of Income Properties    
Aggregate acquisition cost including capitalized acquisition costs   $ 18,600
Property Square-Feet | ft²   133,304
Purchase Price   $ 18,500
Percentage Leased at Acquisition   96.00%
Remaining Lease Term at Acquisition Date (in years)   6 years 10 months 24 days