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Real Estate Investments
9 Months Ended
Sep. 30, 2013
Business Combinations [Abstract]  
Real Estate Investments
Real Estate Investments

The following table details the shopping centers acquired during the nine months ended September 30, 2013 (in thousands), including those acquired through our co-investment partnerships.
Date Purchased
 
Property Name
 
City/State
 
Co-investment Partner
 
Ownership
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
5/30/2013
 
Preston Oaks
 
Dallas, TX
 
N/A
 
100%
 
$
27,000

 
$

 
$
3,396

 
$
7,597

7/23/2013
 
Shoppes of Burnt Mills
 
Silver Springs, MD
 
Columbia - Regency Partners II
 
20%
 
$
13,600

 
$
7,496

 
$
8,438

 
$
332


In addition, on March 20, 2013, the Company entered into a liquidation agreement with Macquarie Countrywide (US) No. 2, LLC ("CQR") to redeem its 24.95% interest through dissolution of the Macquarie CountryWide-Regency III, LLC (MCWR III) co-investment partnership through a distribution-in-kind ("DIK"). The assets of the partnership were distributed as 100% ownership interests to CQR and Regency after a selection process, as provided for by the partnership agreement. Regency selected one asset, Hilltop Village, which was recorded at the carrying value of the Company's equity investment in MCWR III, net of deferred gain, on the date of dissolution of $7.6 million, including a $7.5 million mortgage assumed.