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Schedule III-Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2021
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III-Real Estate and Accumulated Depreciation
Wheeler Real Estate Investment Trust, Inc. and Subsidiaries
Schedule III-Real Estate and Accumulated Depreciation
December 31, 2021
 Initial CostCosts Capitalized 
Subsequent
to Acquisition		Gross Amount at which Carried
at End of Period
Property NameLandBuilding and
Improvements		Improvements
(net)		Carrying
Costs		LandBuilding and
Improvements		Total
(in thousands)
Amscot Building$— $462 $31 $— $— $493 $493 
Lumber River Village800 4,487 158 — 942 4,503 5,445 
Surrey Plaza381 1,857 196 — 381 2,052 2,433 
Tuckernuck2,115 6,719 1,261 — 2,171 7,925 10,096 
Twin City Commons800 3,041 134 — 800 3,175 3,975 
Walnut Hill Plaza (1)
634 2,414 1,353 — 634 3,767 4,401 
Tampa Festival 4,653 6,691 905 — 4,695 7,554 12,249 
Forrest Gallery3,015 7,455 1,054 — 3,015 8,509 11,524 
Winslow Plaza1,325 3,684 228 — 1,370 3,867 5,237 
Clover Plaza356 1,197 29 — 356 1,226 1,582 
St. George Plaza706 1,264 90 — 752 1,308 2,060 
South Square353 1,911 328 — 479 2,112 2,591 
Westland Square887 1,710 150 — 901 1,846 2,747 
Waterway Plaza1,280 1,248 214 — 1,299 1,443 2,742 
Cypress Shopping Center2,064 4,579 301 — 2,064 4,880 6,944 
Harrodsburg Marketplace1,431 2,485 85 — 1,515 2,486 4,001 
Port Crossing Shopping Center792 6,921 224 — 792 7,145 7,937 
LaGrange Marketplace390 2,648 306 — 430 2,914 3,344 
DF I-Courtland (1)
196 — — — 196 — 196 
DF I-Edenton (1)
746 — — — 746 — 746 
Freeway Junction1,521 6,755 89 — 1,521 6,844 8,365 
Bryan Station1,658 2,756 338 — 1,808 2,945 4,753 
Crockett Square1,546 6,834 183 — 1,565 6,998 8,563 
Harbor Point (1)
1,538 — (359)— 1,179 — 1,179 
Pierpont Centre484 9,221 192 — 686 9,210 9,896 
Brook Run Properties300 — 8 — 300 8 308 
Alex City Marketplace454 7,837 1,820 — 716 9,395 10,111 
Butler Square1,024 6,401 314 — 1,024 6,714 7,738 
Brook Run Shopping Center2,209 12,919 695 — 2,377 13,446 15,823 
Beaver Ruin Village2,604 8,284 117 — 2,619 8,386 11,005 
Beaver Ruin Village II1,153 2,809 5 — 1,153 2,814 3,967 
Chesapeake Square895 4,112 1,045 — 1,269 4,783 6,052 
Sunshine Plaza1,183 6,368 539 — 1,268 6,822 8,090 
Barnett Portfolio3,107 8,912 422 — 3,243 9,198 12,441 
Grove Park722 4,590 121 — 790 4,642 5,432 
Parkway Plaza772 4,230 32 — 778 4,256 5,034 
Fort Howard Square1,890 7,350 314 — 1,952 7,602 9,554 
Conyers Crossing2,034 6,820 239 — 2,034 7,059 9,093 
Darien Shopping Center188 1,054 (17)— 188 1,037 1,225 
Devine Street365 1,941 (4)— 365 1,937 2,302 
Folly Road5,992 4,527 24 — 5,992 4,551 10,543 
Georgetown742 1,917 126 — 753 2,031 2,784 
 Initial CostCosts Capitalized 
Subsequent
to Acquisition		Gross Amount at which Carried
at End of Period
Property NameLandBuilding and
Improvements		Improvements
(net)		Carrying
Costs		LandBuilding and
Improvements		Total
Ladson Crossing$2,981 $3,920 $83 — $3,052 $3,933 $6,985 
Lake Greenwood Crossing550 2,499 41 — 550 2,540 3,090 
Lake Murray447 1,537 36 — 447 1,573 2,020 
Litchfield I568 929 76 — 572 1,001 1,573 
Litchfield II568 936 31 — 572 963 1,535 
Litchfield Market Village2,970 4,716 217 — 3,046 4,857 7,903 
Moncks Corner— 1,109 9 — — 1,118 1,118 
Ridgeland203 376 — — 203 376 579 
Shoppes at Myrtle Park3,182 5,360 824 — 3,182 6,184 9,366 
South Lake804 2,025 952 — 804 2,977 3,781 
South Park943 2,967 114 — 1,005 3,019 4,024 
Sangaree2,302 2,922 668 — 2,503 3,389 5,892 
Tri-County411 3,421 376 — 635 3,573 4,208 
Riverbridge774 5,384 — — 774 5,384 6,158 
Laburnum Square3,735 5,929 232 — 3,826 6,069 9,895 
Franklin Village2,608 9,426 134 — 2,674 9,494 12,168 
Village at Martinsville5,208 12,879 692 — 5,228 13,552 18,780 
New Market Crossing993 5,216 363 — 1,042 5,530 6,572 
Rivergate Shopping Center1,537 29,177 1,168 — 1,688 30,195 31,883 
JANAF8,267 66,549 867 — 8,467 67,216 75,683 
Totals$94,356 $343,687 $20,173 $— $97,388 $360,826 $458,214 

(1) Net of impairment expenses.
Wheeler Real Estate Investment Trust, Inc. and Subsidiaries
Schedule III-Real Estate and Accumulated Depreciation


Property NameEncumbrancesAccumulated
Depreciation		Date of
Construction		Date
Acquired		Depreciation
Life
(in thousands)
Amscot Building (2)
$253 5/15/20045-40 years
Lumber River Village$1,296 1,276 11/16/20125-40 years
Surrey Plaza (2)
586 12/21/20125-40 years
Tuckernuck5,052 2,237 11/16/20125-40 years
Twin City Commons2,843 899 12/18/20125-40 years
Walnut Hill Plaza3,145 2,576 12/14/20075-15 years
Tampa Festival 7,753 2,149 8/26/20135-40 years
Forrest Gallery8,060 2,526 8/29/20135-40 years
Winslow Plaza4,483 1,091 12/19/20135-40 years
Clover Plaza1,915 277 12/23/20135-40 years
St. George Plaza2,414 301 12/23/20135-40 years
South Square1,966 413 12/23/20135-40 years
Westland Square2,508 385 12/23/20135-40 years
Waterway Plaza2,456 315 12/23/20135-40 years
Cypress Shopping Center6,031 1,037 7/1/20145-40 years
Harrodsburg Marketplace3,267 560 7/1/20145-40 years
Port Crossing Shopping Center5,778 2,070 7/3/20145-40 years
LaGrange Marketplace (6)
673 7/25/20145-40 years
DF I-Courtland (undeveloped land)— 8/15/2014N/A
Edenton Commons (undeveloped land)— 8/15/2014N/A
Freeway Junction7,431 1,492 9/4/20145-40 years
Bryan Station4,226 669 10/2/20145-40 years
Crockett Square6,338 1,592 11/5/20145-40 years
Harbor Point (undeveloped land)— 11/21/2014N/A
Pierpont Centre7,861 1,916 1/14/20155-40 years
Brook Run Properties (undeveloped land)— 3/27/2015N/A
Alex City Marketplace5,750 2,015 4/1/20155-40 years
Butler Square5,640 1,226 4/15/20155-40 years
Brook Run Shopping Center10,950 4,116 6/2/20155-40 years
Beaver Ruin Village (3)
1,518 7/1/20155-40 years
Beaver Ruin Village II (3)
511 7/1/20155-40 years
Chesapeake Square4,192 1,182 7/10/20155-40 years
Sunshine Plaza5,900 1,300 7/21/20155-40 years
Barnett Portfolio8,770 1,818 8/21/20155-40 years
Grove Park3,800 972 9/9/20155-40 years
Parkway Plaza3,500 807 9/15/20155-40 years
Fort Howard Square7,100 1,364 9/30/20155-40 years
Conyers Crossing5,960 1,485 9/30/20155-40 years
Darien Shopping Center153 4/12/20165-40 years
Devine Street300 4/12/20165-40 years
Property NameEncumbrancesAccumulated
Depreciation		Date of
Construction		Date
Acquired		Depreciation
Life
(in thousands)
Folly Road$7,063 $734 4/12/20165-40 years
Georgetown (6)
328 4/12/20165-40 years
Ladson Crossing (5)
660 4/12/20165-40 years
Lake Greenwood Crossing (5)
417 4/12/20165-40 years
Lake Murray275 4/12/20165-40 years
Litchfield I (4)
186 4/12/20165-40 years
Litchfield II (4)
157 4/12/20165-40 years
Litchfield Market Village (4)
820 4/12/20165-40 years
Moncks Corner196 4/12/20165-40 years
Ridgeland (6)
78 4/12/20165-40 years
Shoppes at Myrtle Park5,757 1,147 4/12/20165-40 years
South Lake404 4/12/20165-40 years
South Park (5)
480 4/12/20165-40 years
Sangaree (1)
802 11/10/20165-40 years
Tri-County (1)
662 11/10/20165-40 years
Riverbridge4,000 875 11/15/20165-40 years
Laburnum Square7,665 983 12/7/20165-40 years
Franklin Village8,277 1,338 12/12/20165-40 years
Village at Martinsville15,589 2,255 12/16/20165-40 years
New Market Crossing6,291 855 12/20/20165-40 years
Rivergate Shopping Center18,430 4,261 12/21/20165-40 years
JANAF Shopping Center57,726 7,785 1/18/20185-40 years
Totals$69,758 
(1) Properties secure a $6.2 million mortgage note.
(2) Properties secure a $789 thousand mortgage note.
(3) Properties secure a $9.4 million mortgage note.
(4) Properties secure a $7.3 million mortgage note.
(5) Properties secure a $6.9 million mortgage note.
(6) Properties secure a $5.5 million mortgage note.
Schedule III-Real Estate and Accumulated Depreciation (Continued)

20212020
(in thousands)
Balance at beginning of period$464,814 $468,499 
Additions during the period:
Acquisitions— — 
Improvements4,997 3,066 
Impairments(2,300)(600)
Disposals(9,297)(6,151)
Balance at end of period$458,214 $464,814