XML 56 R33.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Note 4 - Real Estate (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Asset Acquisition [Table Text Block]
    

Purchase Price

     

Property Name

Location

Month Acquired

 

Cash

  

Debt

  

Other

  

Total

  

GLA

 

Portfolio (2 properties) (1)

Various

Jan-23

 $69,130  $19,637  $13,019  $101,786   342 

Crossroads Plaza Parcel

Cary, NC

Jan-23

  2,173   -   -   2,173   5 

Northridge Shopping Center Parcel

Arvada, CO

Jan-23

  728   -   -   728   57 

Stafford Marketplace Parcel (2)

Stafford, VA

Feb-23

  -   -   12,527   12,527   87 

Tustin Heights (1)

Tustin, CA

Mar-23

  26,501   17,550   4,910   48,961   137 
    $98,532  $37,187  $30,456  $166,175   628 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
  

Allocation as of

March 31, 2023

  

Weighted Average
Amortization Period

(in Years)

 

Land

 $51,116   n/a 

Building

  99,947   50.0 

Building improvements

  10,125   45.0 

Tenant improvements

  8,320   4.1 

In-place leases

  11,080   4.1 

Above-market leases

  1,329   5.7 

Below-market leases

  (16,551)  23.6 

Other assets

  1,777   n/a 

Other liabilities

  (968)  n/a 

Net assets acquired

 $166,175     
Disposal Groups, Including Discontinued Operations [Table Text Block]
  

Three Months Ended March 31,

 
  

2024

  

2023

 

Aggregate sales price/gross fair value (1) (2)

 $248.4  $117.6 

Gain on sale of properties (3)

 $0.3  $39.2 

Number of properties sold

  10   3 

Number of parcels sold/deconsolidated (2)

  5   3