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Real Estate Investments (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Schedule of business acquisitions
There were no shopping centers or land acquired during the three months ended March 31, 2015:
(in thousands)
 
Three months ended March 31, 2016
Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Ownership
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
2/22/16
 
Garden City Park
 
Garden City Park, NY
 
Operating
 
100%
 
$17,300
 
 
10,171
 
2,940
3/4/16
 
The Market at Springwoods Village (1)
 
Houston, TX
 
Development
 
53%
 
17,994
 
 
 
Total property acquisitions
 
 
 
 
 
$35,294
 
 
10,171
 
2,940


(1) Regency acquired a 53% controlling interest in the Market at Springwoods Village partnership to develop a shopping center on land contributed by the partner. As a result of consolidation, the Company recorded the partner's non-controlling interest of $8.4 million.