XML 112 R85.htm IDEA: XBRL DOCUMENT v3.25.0.1
Property Acquisitions - Schedule of Asset Acquisition (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
ft²
Asset Acquisition [Line Items]  
Purchase price, cash $ 276,718
Purchase price, debt 37,187
Purchase price, other 32,123
Purchase price, total $ 346,028
GLA (Square Foot) | ft² 1,145
Portfolio (2 Properties) [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 69,130 [1]
Purchase price, debt 19,637 [1]
Purchase price, other 13,019 [1]
Purchase price, total $ 101,786 [1]
GLA (Square Foot) | ft² 342 [1]
Crossroads Plaza Parcel [Member] | Cary, NC [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 2,173
Purchase price, debt 0
Purchase price, other 0
Purchase price, total $ 2,173
GLA (Square Foot) | ft² 5
Northridge Shopping Center Parcel [Member] | Arvada, CO [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 728
Purchase price, debt 0
Purchase price, other 0
Purchase price, total $ 728
GLA (Square Foot) | ft² 57
Stafford Marketplace [Member] | Stafford, VA [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 0 [2]
Purchase price, debt 0 [2]
Purchase price, other 12,527 [2]
Purchase price, total $ 12,527 [2]
GLA (Square Foot) | ft² 87 [2]
Tustin Heights [Member] | Tustin, CA [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 26,501 [1]
Purchase price, debt 17,550 [1]
Purchase price, other 4,910 [1]
Purchase price, total $ 48,961 [1]
GLA (Square Foot) | ft² 137 [1]
Marlton Plaza Parcel [Member] | Cherry Hill, N J [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 529
Purchase price, debt 0
Purchase price, other 0
Purchase price, total $ 529
GLA (Square Foot) | ft² 0
Stonebridge at Potomac Town Center [Member] | Woodbridge, VA [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 169,840
Purchase price, debt 0
Purchase price, other 1,667
Purchase price, total $ 171,507
GLA (Square Foot) | ft² 504
Big 5 Factoria Parcel [Member] | Bellevue, WA [Member]  
Asset Acquisition [Line Items]  
Purchase price, cash $ 7,817
Purchase price, debt 0
Purchase price, other 0
Purchase price, total $ 7,817
GLA (Square Foot) | ft² 13
[1] Other includes the Company’s previously held equity investments in the Prudential Investment Program and net gains on change in control. The Company evaluated these transactions pursuant to the FASB’s Consolidation guidance and as a result, recognized gains on change in control of interest of $7.7 million, in aggregate, resulting from the fair value adjustments associated with the Company’s previously held equity interests, which are included in Equity in income of joint ventures, net on the Company’s Consolidated Statements of Income. The Company previously held an ownership interest of 15.0% in these property interests. See Footnote 7 of the Notes to Consolidated Financial Statements.
[2] During March 2023, the Company received a parcel as consideration resulting from the exercise of a termination option of an operating lease.