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Real Estate Investments (Tables)
3 Months Ended
Mar. 31, 2019
Business Acquisition [Line Items]  
Schedule of business acquisitions
The following table details the shopping centers acquired or land acquired or leased for development:
(in thousands)
 
Three months ended March 31, 2019
Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Ownership
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
1/8/19
 
Pablo Plaza (1)
 
Jacksonville, FL
 
Operating
 
100.0%
 
$600
 
 
 
2/8/19
 
Melrose Market
 
Seattle, WA
 
Operating
 
100.0%
 
15,515
 
 
941
 
358
Total property acquisitions
 
 
 
 
 
$16,115
 
 
941
 
358
(1) The Company purchased a .17 acre land parcel adjacent to the Company's existing operating Pablo Plaza for redevelopment.
 
(in thousands)
 
Three months ended March 31, 2018
Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Ownership
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
1/2/18
 
Ballard in Blocks I
 
Seattle, WA
 
Operating
 
49.9%
 
$54,500
 
 
3,668
 
2,350
1/2/18
 
Ballard in Blocks II
 
Seattle, WA
 
Development
 
49.9%
 
4,000
 
 
 
1/5/18
 
Metuchen
 
Metuchen, NJ
 
Operating
 
20%
 
33,830
 
 
3,147
 
1,905
1/10/18
 
Hewlett Crossing I & II
 
Hewlett, NY
 
Operating
 
100%
 
30,900
 
9,700
 
3,114
 
1,868
Total property acquisitions
 
 
 
 
 
$123,230
 
9,700
 
9,929
 
6,123