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Real Estate Investments (Tables)
3 Months Ended
Mar. 31, 2020
Real Estate [Abstract]  
Schedule of business acquisitions

The following tables detail shopping centers acquired or land acquired for development or redevelopment:

 

(in thousands)

 

Three months ended March 31, 2020

 

Date Purchased

 

Property Name

 

City/State

 

Property Type

 

Ownership

 

 

Purchase

Price

 

 

Debt

Assumed,

Net of

Premiums

 

 

Intangible

Assets

 

 

Intangible

Liabilities

 

1/1/20

 

Country Walk Plaza (1)

 

Miami, FL

 

Operating

 

100%

 

 

$

39,625

 

 

 

16,359

 

 

 

3,294

 

 

 

2,452

 

 

(1)

The purchase price presented above reflects the purchase price for 100% of the property, of which the Company previously owned a 30% equity interest prior to acquiring the partner’s interest and gaining control.  

 

(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%

 

$

600

 

 

 

 

 

 

 

 

 

 

2/8/19

 

Melrose Market

 

Seattle, WA

 

Operating

 

100%

 

 

15,515

 

 

 

 

 

 

941

 

 

 

358

 

Total property acquisitions

 

 

 

 

 

 

 

$

16,115

 

 

 

 

 

 

941

 

 

 

358