Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2020

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

Cedar Realty Trust, Inc.

Schedule III

Real Estate and Accumulated Depreciation

					Year built/		Gross		Initial cost to the Company
		Year		Percent	Year last		leasable				Building and
Property	State	acquired		owned	renovated		area		Land		Improvements
Academy Plaza	PA		2001	100%	1965/2013			137,415	$	2,406,000	$	9,623,000
Big Y Shopping Center	CT		2013	100%		2007		101,105		11,272,000		23,395,000
Camp Hill	PA		2002	100%	1958/2005			430,198		4,460,000		17,857,000
Carmans Plaza	NY		2007	100%	1954/2007			195,485		8,539,000		35,804,000
Christina Crossing	DE		2017	100%		2008		119,446		4,341,000		23,227,000
Coliseum Marketplace	VA		2005	100%	1987/2012			106,648		2,924,000		14,416,000
Colonial Commons	PA		2011	100%	2011/2013			410,432		9,367,000		37,496,000
Crossroads II	PA		2008	60%		2009		133,717		15,383,000		-
East River Park	DC		2015	100%	1946-1996			150,038		9,143,000		30,893,000
Elmhurst Square	VA		2006	100%	1961-1983			66,254		1,371,000		5,994,000
Fairview Commons	PA		2007	100%	1976/2003			52,964		858,000		3,568,000
Fieldstone Marketplace	MA	2005/2012		100%	1988/2003			150,123		5,229,000		21,440,000
Fishtown Crossing	PA		2001	100%		1988		127,265		2,942,000		11,769,000
Franklin Village Plaza (a)	MA	2004/2012		100%	1987/2005			305,937		14,270,000		61,915,000
General Booth Plaza	VA		2005	100%		1985		71,639		1,935,000		9,493,000
Girard Plaza	PA		2019	100%		1950’s/2010		35,688		4,685,000		4,648,000
Gold Star Plaza	PA		2006	100%		1988		71,720		1,644,000		6,519,000
Golden Triangle	PA		2003	100%	1960/2005			202,790		2,320,000		9,713,000
Groton Shopping Center	CT		2007	100%		1969		130,264		3,070,000		12,320,000
Halifax Plaza	PA		2003	100%		1994		51,510		1,412,000		5,799,000
Hamburg Square	PA		2004	100%	1993/2010			102,058		1,153,000		4,678,000
Jordan Lane	CT		2005	100%	1969/1991			177,504		4,291,000		21,176,000
Kempsville Crossing	VA		2005	100%	1985/2013			79,512		2,207,000		11,000,000
Kings Plaza	MA		2007	100%	1970/1994			168,243		2,413,000		12,604,000
Lawndale Plaza	PA		2015	100%		1998		92,773		3,635,000		21,854,000
Meadows Marketplace	PA	2004/2012		100%		2005		91,518		1,914,000		-
Newport Plaza	PA		2003	100%		1996		64,489		1,721,000		7,758,000
New London Mall	CT		2009	100%	1967/1997			259,566		14,891,000		24,967,000
Northside Commons	PA		2008	100%		2009		69,136		3,332,000		-
Norwood Shopping Center	MA		2006	100%	1965/2013			87,406		1,874,000		8,453,000
Oak Ridge Shopping Center	VA		2006	100%		2000		38,700		960,000		4,254,000
Oakland Commons	CT		2007	100%	1962/2013			90,100		2,504,000		15,662,000
Oakland Mills	MD		2005	100%	1960's/2004			57,008		1,611,000		6,292,000
Palmyra Shopping Center	PA		2005	100%	1960/2012			111,051		1,488,000		6,566,000
Pine Grove Plaza	NJ		2003	100%	2001/2002			79,306		2,010,000		6,489,000
Quartermaster Plaza	PA		2014	100%		2004		456,602		37,031,000		54,210,000
River View Plaza	PA		2003	100%	1991/1998			113,922		9,718,000		40,356,000
San Souci Plaza	MD		2009	40%	1985 - 1997			264,134		14,849,000		18,445,000
Senator Square	DC		2018	100%	1946 - 2005			42,941		-		5,327,000
Shoppes at Arts District	DC		2016	100%		2011		35,676		2,247,000		18,616,000
South Philadelphia	PA		2003	100%	1950/2003			193,085		8,222,000		36,314,000
Southington Center	CT		2003	100%	1972/2000			155,842		-		11,834,000
Swede Square	PA		2003	100%	1980/2012			100,809		2,268,000		6,232,000
The Brickyard	CT		2004	100%	1990/2012			227,598		7,632,000		29,308,000
The Point	PA		2000	100%	1972/2012			262,072		2,700,000		10,800,000
The Shops at Bloomfield Station	NJ		2016	100%		2015		63,844		625,000		17,674,000
The Shops at Suffolk Downs	MA		2005	100%	2005/2011			121,187		7,580,000		11,089,000
Timpany Plaza	MA		2007	100%	1970's-1989			182,799		3,412,000		19,240,000
Trexler Mall	PA		2005	100%	1973/2013			336,687		6,932,000		32,815,000
Trexlertown Plaza	PA		2006	100%	1990/2011			325,171		13,349,000		23,867,000
Valley Plaza	MD		2003	100%	1975/1994			190,939		1,950,000		7,766,000
Washington Center Shoppes	NJ		2001	100%	1979/1995			157,300		2,061,000		7,314,000
Webster Plaza	MA		2007	100%	1960's-2004			98,984		3,551,000		18,412,000
Yorktowne Plaza	MD		2007	100%	1970/2000			136,197		5,940,000		25,505,000
Other	n/a	n/a		100%	n/a			-		1,965,000		-
Total Portfolio								8,084,797	$	285,607,000	$	892,766,000

Cedar Realty Trust, Inc.

Schedule III

Real Estate and Accumulated Depreciation

				Gross amount at which carried at
(continued)	Subsequent			December 31, 2020
	cost					Building and				Accumulated
Property	capitalized (b)			Land		improvements		Total		depreciation
Academy Plaza	$	6,107,000		$	2,406,000	$	15,730,000	$	18,136,000	$	6,651,000
Big Y Shopping Center		361,000			10,268,000		24,760,000		35,028,000		5,560,000
Camp Hill		40,626,000			4,093,000		58,850,000		62,943,000		24,270,000
Carmans Plaza		18,641,000			8,421,000		54,563,000		62,984,000		17,896,000
Christina Crossing		1,603,000			4,341,000		24,830,000		29,171,000		3,595,000
Coliseum Marketplace		5,629,000			3,586,000		19,383,000		22,969,000		8,465,000
Colonial Commons		7,846,000			9,367,000		45,342,000		54,709,000		16,580,000
Crossroads II		29,734,000			17,671,000		27,446,000		45,117,000		8,147,000
East River Park		7,514,000			9,398,000		38,152,000		47,550,000		6,558,000
Elmhurst Square		1,251,000			1,371,000		7,245,000		8,616,000		2,668,000
Fairview Commons		452,000			858,000		4,020,000		4,878,000		1,470,000
Fieldstone Marketplace		3,386,000			5,167,000		24,888,000		30,055,000		10,740,000
Fishtown Crossing		9,676,000			2,843,000		21,544,000		24,387,000		5,417,000
Franklin Village Plaza (a)		6,494,000			14,681,000		67,998,000		82,679,000		19,215,000
General Booth Plaza		(132,000	)		1,935,000		9,361,000		11,296,000		3,522,000
Girard Plaza		52,000			4,685,000		4,700,000		9,385,000		405,000
Gold Star Plaza		755,000			1,644,000		7,274,000		8,918,000		3,409,000
Golden Triangle		12,824,000			2,320,000		22,537,000		24,857,000		10,288,000
Groton Shopping Center		8,552,000			3,113,000		20,829,000		23,942,000		6,453,000
Halifax Plaza		562,000			1,347,000		6,426,000		7,773,000		3,059,000
Hamburg Square		6,332,000			1,153,000		11,010,000		12,163,000		4,210,000
Jordan Lane		1,122,000			4,291,000		22,298,000		26,589,000		8,744,000
Kempsville Crossing		(2,754,000	)		2,207,000		8,246,000		10,453,000		3,399,000
Kings Plaza		1,684,000			2,408,000		14,293,000		16,701,000		4,489,000
Lawndale Plaza		1,091,000			3,635,000		22,945,000		26,580,000		4,783,000
Meadows Marketplace		11,959,000			1,914,000		11,959,000		13,873,000		4,324,000
Newport Plaza		586,000			1,682,000		8,383,000		10,065,000		3,948,000
New London Mall		4,797,000			8,807,000		35,848,000		44,655,000		15,186,000
Northside Commons		10,108,000			3,379,000		10,061,000		13,440,000		2,863,000
Norwood Shopping Center		1,017,000			1,874,000		9,470,000		11,344,000		3,447,000
Oak Ridge Shopping Center		471,000			960,000		4,725,000		5,685,000		1,878,000
Oakland Commons		(344,000	)		2,504,000		15,318,000		17,822,000		5,904,000
Oakland Mills		1,088,000			1,530,000		7,461,000		8,991,000		3,088,000
Palmyra Shopping Center		2,082,000			1,488,000		8,648,000		10,136,000		3,731,000
Pine Grove Plaza		579,000			1,622,000		7,456,000		9,078,000		3,386,000
Quartermaster Plaza		3,548,000			37,031,000		57,758,000		94,789,000		13,019,000
Riverview Plaza		9,598,000			10,872,000		48,800,000		59,672,000		20,002,000
San Souci Plaza		5,182,000			13,406,000		25,070,000		38,476,000		13,092,000
Senator Square		2,485,000			-		7,812,000		7,812,000		1,145,000
Shoppes at Arts District		75,000			2,247,000		18,691,000		20,938,000		3,338,000
South Philadelphia		17,210,000			10,363,000		51,383,000		61,746,000		23,388,000
Southington Center		1,704,000			-		13,538,000		13,538,000		5,429,000
Swede Square		8,254,000			2,272,000		14,482,000		16,754,000		6,309,000
The Brickyard		4,821,000			7,648,000		34,113,000		41,761,000		12,923,000
The Point		19,534,000			2,996,000		30,038,000		33,034,000		13,507,000
The Shops at Bloomfield Station		393,000			625,000		18,067,000		18,692,000		3,097,000
The Shops at Suffolk Downs		10,547,000			7,580,000		21,636,000		29,216,000		7,942,000
Timpany Plaza		2,366,000			3,368,000		21,650,000		25,018,000		7,006,000
Trexler Mall		13,691,000			6,932,000		46,506,000		53,438,000		16,945,000
Trexlertown Plaza		31,032,000			15,674,000		52,574,000		68,248,000		14,866,000
Valley Plaza		1,903,000			1,950,000		9,669,000		11,619,000		4,490,000
Washington Center Shoppes		6,891,000			2,000,000		14,266,000		16,266,000		6,315,000
Webster Plaza		4,035,000			4,082,000		21,916,000		25,998,000		7,353,000
Yorktowne Plaza		2,560,000			5,801,000		28,204,000		34,005,000		10,323,000
Other		1,525,000			878,000		2,612,000		3,490,000		332,000
Total Portfolio	$	349,105,000		$	284,694,000	$	1,242,784,000	$	1,527,478,000	$	428,569,000

Cedar Realty Trust, Inc.

Schedule III

Real Estate and Accumulated Depreciation

The changes in real estate and accumulated depreciation for the years ended December 31, 2020, 2019 and 2018, respectively, are as follows:

Cost	2020				2019			2018
Balance, beginning of the year	$	1,515,206,000			$	1,508,682,000		$	1,534,599,000
Properties transferred to held for sale		(22,512,000	)			(36,265,000	)		(61,505,000	)
Property acquisitions		—				9,333,000			6,481,000
Outparcel dispositions		(840,000	)			—			—
Improvements and betterments		35,624,000				37,089,000			29,107,000
Asset write-offs		—				(3,633,000	)		—
Balance, end of the year	$	1,527,478,000		(c)	$	1,515,206,000		$	1,508,682,000
Accumulated depreciation
Balance, beginning of the year	$	389,861,000			$	361,969,000		$	341,943,000
Properties transferred to held for sale		(3,947,000	)			(10,143,000	)		(14,886,000	)
Outparcel dispositions		(90,000	)			—			—
Depreciation expense (d)		42,745,000				41,142,000			34,912,000
Asset write-offs		—				(3,107,000	)		—
Balance, end of the year	$	428,569,000			$	389,861,000		$	361,969,000
Net book value	$	1,098,909,000			$	1,125,345,000		$	1,146,713,000

(a) Amount of encumbrance totals $45.6 million at December 31, 2020.

(b) Negative amounts represent write-offs of fully depreciated assets.

(c) At December 31, 2020, the aggregate cost for federal income tax purposes was approximately $25.6 million greater than the Company's recorded values.

(d) Depreciation is provided over the estimated useful lives of the buildings and improvements, which range from 3 to 40 years.