XML 99 R79.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 8 - Investment and Advances in Real Estate Joint Ventures (Details Textual)
ft² in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
USD ($)
ft²
Dec. 31, 2015
USD ($)
ft²
Dec. 31, 2014
USD ($)
Gross Leasable Area | ft² [1] 2,665 7,519  
Number of Joint Ventures   3  
Business Combination, Consideration Transferred $ 645,624 $ 1,772,113  
Other Liabilities 404,137 433,960  
Equity Method Investments $ 504,209 $ 742,559  
All Equity Method Investments [Member]      
Number of Real Estate Properties 135 191  
Gross Leasable Area | ft² 26,200 35,400  
Kim Pru and Kim Pru II [Member]      
Number of Real Estate Properties [2],[3] 48 53  
Number of Joint Ventures 4    
Number Of Accounts 4    
Kim Pru [Member]      
Number of Joint Ventures 3    
CPP [Member]      
Number of Real Estate Properties [3],[4] 5 7  
CPP [Member] | Property Interest Adjacent to Existing Operating Property in Temecula, CA [Member]      
Business Combination, Consideration Transferred $ 27,500    
Real Estate Joint Ventures [Member] | Land Parcels [Member]      
Number of Real Estate Properties, Interest Disposed of or Transferred 1 11  
Real Estate Joint Ventures [Member] | Land Parcels [Member] | MEXICO      
Number of Real Estate Properties 5    
Real Estate Joint Ventures [Member] | Operating Properties [Member]      
Business Combination, Consideration Transferred $ 590,100 $ 1,600,000 $ 1,000,000
Number of Real Estate Properties, Interest Disposed of or Transferred 45 98 37
Equity Method Investment, Sales Price     $ 811,700
Equity Method Investment, Realized Gain (Loss) on Disposal     $ 96,000
Number of Real Estate Properties, Remaining Interest Acquired 9 43 34
Real Estate Joint Ventures [Member] | Operating Properties and Land Parcels [Member]      
Equity Method Investment, Sales Price $ 1,100,000 $ 1,800,000  
Equity Method Investment, Realized Gain (Loss) on Disposal $ 151,200 $ 380,600  
Real Estate Joint Ventures [Member] | Development Properties [Member]      
Number of Real Estate Properties, Remaining Interest Acquired 1    
Other Joint Venture Programs [Member]      
Number of Real Estate Properties [5] 34 40  
Other Liabilities $ 11,000 $ 12,600  
[1] Gross leasable area ("GLA")
[2] Represents four separate joint ventures, with four separate accounts managed by Prudential Global Investment Management ("PGIM"), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II.
[3] The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees.
[4] During the year ended December 31, 2016, CPP joint venture acquired a property interest adjacent to an existing operating property in Temecula, CA for a gross purchase price of $27.5 million.
[5] Includes five land parcels located in Mexico.