Property And Equipment (Tables)

9 Months Ended

Sep. 30, 2016

Property And Equipment [Abstract]

Schedule Of Property And Equipment

	September 30,		December 31,
(Dollars in thousands)	2016		2015
Land	$	76,700	$	70,063
Building and improvements		132,446		126,622
Leasehold improvements		47,485		46,874
Fixtures and equipment		117,320		112,423
Construction-in-progress		20,014		7,825
Total cost		393,965		363,807
Less: accumulated depreciation		(166,046)		(153,509)
Operating property, net	$	227,919	$	210,298

Schedule Of Purchase Price Allocation

					Measurement
	Preliminary Purchase Price				Period		Final Purchase Price
	Allocation				Adjustments(2)		Allocation
(Dollars in thousands)	US Dollars(1)		AU dollars		AU dollars		US Dollars(1)		AU dollars
Tangible Assets
Operating property:
Land		7,525		10,421	$	721		8,046		11,142
Building and improvements		16,588		22,971		(6,453)		11,928		16,518
Site improvements		--		--		2,321		1,676		2,321
Tenant improvements		--		--		957		691		957
Intangible Assets
Above-market leases		--		--		61		44		61
In-place leases		--		--		2,135		1,542		2,135
Unamortized leasing commissions		--		--		333		240		333
Unamortized legal fees		--		--		55		40		55
Total assets acquired		24,113		33,392		130		24,207		33,522
Liabilities
Below-market leases		--		--		(130)		(94)		(130)
Net assets acquired	$	24,113	$	33,392	$	--	$	24,113		33,392

(1)The balances were translated into U.S. Dollars based on the applicable exchange rate as of the date of acquisition, December 23, 2015.

(2)The measurement period adjustments were mainly due to the finalization of the valuations of the tangible land, building and improvements, site improvements and tenant improvements, as well as valuations of intangible assets and liabilities typically present in an acquisition of a regional mall with existing tenancies.  This resulted in a reallocation of the purchase price from Building to other tangible assets (site and tenant improvements), as well as to intangible assets, including above and below market leases, in-place leases and unamortized lease origination costs. 

Summary Of Investment And Development Property

	September 30,		December 31,
(Dollars in thousands)	2016		2015
Land	$	24,784	$	21,434
Building		1,900		--
Construction-in-progress		10,806		1,568
Investment and development property	$	37,490	$	23,002