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Schedule III-Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2023
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, 2023
 Initial Cost
Costs Capitalized 
Subsequent
to Acquisition (1)
Gross Amount at which Carried
at end of Period
Property NameLandBuilding and
Improvements		Improvements
(net)		Carrying
Costs		LandBuilding and
Improvements		Total
WHLR(in thousands)
Amscot Building$— $462 $31 $— $— $493 $493 
Lumber River Village800 4,487 221 — 1,005 4,503 5,508 
Surrey Plaza381 1,857 451 — 701 1,988 2,689 
Tuckernuck2,115 6,719 1,338 — 2,171 8,001 10,172 
Twin City Commons800 3,041 143 — 809 3,175 3,984 
Tampa Festival 4,653 6,691 1,756 — 4,713 8,387 13,100 
Forrest Gallery3,015 7,455 3,395 — 3,192 10,673 13,865 
Winslow Plaza1,325 3,684 468 — 1,566 3,911 5,477 
Clover Plaza356 1,197 25 — 356 1,222 1,578 
St. George Plaza897 1,264 2,549 — 1,389 3,321 4,710 
South Square353 1,911 328 — 480 2,112 2,592 
Westland Square887 1,710 216 — 901 1,912 2,813 
Waterway Plaza1,280 1,248 425 — 1,488 1,465 2,953 
Cypress Shopping Center2,064 4,579 1,506 — 2,064 6,085 8,149 
Harrodsburg Marketplace1,431 2,485 296 — 1,515 2,697 4,212 
Port Crossing Shopping Center792 6,921 220 — 800 7,133 7,933 
LaGrange Marketplace390 2,648 438 — 451 3,025 3,476 
DF I-Courtland (2)
196 — — — 196 — 196 
DF I-Edenton (2)
746 — — — 746 — 746 
Freeway Junction1,521 6,755 244 — 1,544 6,976 8,520 
Bryan Station1,658 2,756 329 — 1,807 2,936 4,743 
Crockett Square1,546 6,834 233 — 1,565 7,048 8,613 
Harbor Point (2)
778 — (359)— 419 — 419 
Pierpont Centre484 9,221 521 — 905 9,321 10,226 
Brook Run Properties300 — 8 — 300 8 308 
Alex City Marketplace454 7,837 2,303 — 744 9,850 10,594 
Brook Run Shopping Center2,209 12,919 1,327 — 2,377 14,078 16,455 
Beaver Ruin Village2,604 8,284 258 — 2,619 8,527 11,146 
Beaver Ruin Village II1,153 2,809 5 — 1,153 2,814 3,967 
Chesapeake Square895 4,112 1,097 — 1,269 4,835 6,104 
Sunshine Plaza1,183 6,368 612 — 1,268 6,895 8,163 
Cardinal Plaza994 2,476 106 — 1,033 2,543 3,576 
Frankilton Square LLC1,022 2,933 345 — 1,126 3,174 4,300 
Nashville Commons1,091 3,503 220 — 1,150 3,664 4,814 
Grove Park722 4,590 605 — 1,084 4,833 5,917 
Parkway Plaza772 4,230 441 — 778 4,665 5,443 
Fort Howard Square1,890 7,350 848 — 2,157 7,931 10,088 
Conyers Crossing2,034 6,820 476 — 2,138 7,192 9,330 
Darien Shopping Center188 1,054 (17)— 188 1,037 1,225 
Devine Street3,895 1,941 (4)— 3,895 1,937 5,832 
Folly Road5,992 4,527 73 — 6,050 4,542 10,592 
Georgetown742 1,917 154 — 753 2,060 2,813 
 Initial Cost
Costs Capitalized
Subsequent
to Acquisition (1)
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 $221 $— $3,146 $3,976 $7,122 
Lake Greenwood Crossing550 2,499 17 — 550 2,516 3,066 
Lake Murray447 1,537 74 — 470 1,588 2,058 
Litchfield I568 929 84 — 572 1,009 1,581 
Litchfield II568 936 146 — 572 1,078 1,650 
Litchfield Market Village2,970 4,716 640 — 3,125 5,201 8,326 
Moncks Corner— 1,109 9 — — 1,118 1,118 
Ridgeland203 376 79 — 282 376 658 
Shoppes at Myrtle Park3,182 5,360 1,119 — 3,182 6,479 9,661 
South Lake804 2,025 940 — 804 2,965 3,769 
South Park943 2,967 131 — 1,022 3,019 4,041 
Sangaree2,302 2,922 905 — 2,582 3,547 6,129 
Tri-County411 3,421 400 — 635 3,597 4,232 
Riverbridge774 5,384 283 — 820 5,621 6,441 
Laburnum Square3,735 5,929 848 — 4,050 6,462 10,512 
Franklin Village2,608 9,426 1,221 — 2,696 10,559 13,255 
Village at Martinsville5,208 12,879 2,174 — 5,228 15,033 20,261 
New Market Crossing993 5,216 1,040 — 1,324 5,925 7,249 
Rivergate Shopping Center1,537 29,177 1,206 — 1,732 30,188 31,920 
JANAF8,267 66,549 3,489 — 8,591 69,714 78,305 
WHLR Total
$95,659 $334,872 $38,657 $— $102,248 $366,940 $469,188 
CDR
Brickyard Plaza$1,989 $13,119 $— $— $1,989 $13,119 $15,108 
Carll's Corner1,955 2,574 — — 1,955 2,574 4,529 
Coliseum Marketplace1,226 3,172 1,972 — 1,227 5,143 6,370 
Fairview Commons948 2,083 — — 948 2,083 3,031 
Fieldstone Marketplace2,359 2,279 133 — 2,359 2,412 4,771 
Gold Star Plaza1,403 3,223 24 — 1,403 3,247 4,650 
Golden Triangle3,322 13,388 (36)— 3,322 13,352 16,674 
Hamburg Square932 4,967 — — 932 4,967 5,899 
Kings Plaza2,192 3,961 709 — 2,192 4,670 6,862 
Oakland Commons825 3,080 — — 825 3,080 3,905 
Oregon Avenue3,158 — 674 3,158 674 3,832 
Patuxent Crossing2,999 15,145 493 — 2,999 15,638 18,637 
Pine Grove Plaza1,292 3,832 (7)— 1,292 3,825 5,117 
South Philadelphia11,996 11,137 937 — 11,996 12,074 24,070 
Southington Center358 8,429 — — 358 8,429 8,787 
Timpany Plaza1,778 5,754 1,045 — 1,778 6,799 8,577 
Trexler Mall3,746 22,979 19 — 3,746 22,998 26,744 
Washington Center Shoppes3,618 11,354 306 — 3,618 11,660 15,278 
Webster Commons1,565 6,207 113 — 1,565 6,320 7,885 
CDR Total$47,661 $136,683 $6,382 $— $47,662 $143,064 $190,726 
Combined Total
$143,320 $471,555 $45,039 $— $149,910 $510,004 $659,914 
(1) Negative amounts represent write-offs of fully depreciated assets.
(2) Net of impairment.

As of December 31, 2023, the aggregate cost for federal income tax purposes was approximately $926 million.
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
WHLR(in thousands)
Amscot Building$275 5/15/2004
5-40 years
Lumber River Village (2)
1,556 11/16/2012
5-40 years
Surrey Plaza (2)
664 12/21/2012
5-40 years
Tuckernuck$4,771 2,963 11/16/2012
5-40 years
Twin City Commons (2)
1,070 12/18/2012
5-40 years
Tampa Festival (2)
2,670 8/26/2013
5-40 years
Forrest Gallery (2)
3,307 8/29/2013
5-40 years
Winslow Plaza4,331 1,313 12/19/2013
5-40 years
Clover Plaza (2)
340 12/23/2013
5-40 years
St. George Plaza (2)
405 12/23/2013
5-40 years
South Square (2)
542 12/23/2013
5-40 years
Westland Square (2)
517 12/23/2013
5-40 years
Waterway Plaza (2)
416 12/23/2013
5-40 years
Cypress Shopping Center5,769 1,350 7/1/2014
5-40 years
Harrodsburg Marketplace (5)
707 7/1/2014
5-40 years
Port Crossing Shopping Center (5)
2,431 7/3/2014
5-40 years
LaGrange Marketplace (2)
818 7/25/2014
5-40 years
DF I-Courtland (undeveloped land)— 8/15/2014N/A
Edenton Commons (undeveloped land)— 8/15/2014N/A
Freeway Junction (6)
1,830 9/4/2014
5-40 years
Bryan Station (6)
945 10/2/2014
5-40 years
Crockett Square (6)
1,982 11/5/2014
5-40 years
Harbor Point (undeveloped land)— 11/21/2014N/A
Pierpont Centre (5)
2,441 1/14/2015
5-40 years
Brook Run Properties (undeveloped land)— 3/27/2015N/A
Alex City Marketplace (5)
2,749 4/1/2015
5-40 years
Brook Run Shopping Center (6)
3,792 6/2/2015
5-40 years
Beaver Ruin Village (6)
1,963 7/1/2015
5-40 years
Beaver Ruin Village II (6)
663 7/1/2015
5-40 years
Chesapeake Square4,014 1,504 7/10/2015
5-40 years
Sunshine Plaza (5)
1,790 7/21/2015
5-40 years
Cardinal Plaza (5)
658 8/21/2015
5-40 years
Frankilton Square LLC (5)
816 8/21/2015
5-40 years
Nashville Commons (5)
869 8/21/2015
5-40 years
Grove Park (5)
1,179 9/9/2015
5-40 years
Parkway Plaza (5)
1,062 9/15/2015
5-40 years
Fort Howard Square (6)
1,846 9/30/2015
5-40 years
Conyers Crossing5,960 1,866 9/30/2015
5-40 years
Darien Shopping Center (2)
206 4/12/2016
5-40 years
Devine Street
404 4/12/2016
5-40 years
Property NameEncumbrancesAccumulated
Depreciation		Date of
Construction		Date
Acquired		Depreciation
Life
(in thousands)
Folly Road (2)
$980 4/12/2016
5-40 years
Georgetown (2)
442 4/12/2016
5-40 years
Ladson Crossing (2)
893 4/12/2016
5-40 years
Lake Greenwood Crossing (2)
563 4/12/2016
5-40 years
Lake Murray (2)
338 4/12/2016
5-40 years
Litchfield I (2)
240 4/12/2016
5-40 years
Litchfield II (2)
225 4/12/2016
5-40 years
Litchfield Market Village (2)
1,108 4/12/2016
5-40 years
Moncks Corner
253 4/12/2016
5-40 years
Ridgeland (2)
106 4/12/2016
5-40 years
Shoppes at Myrtle Park (6)
1,629 4/12/2016
5-40 years
South Lake (2)
867 4/12/2016
5-40 years
South Park (2)
655 4/12/2016
5-40 years
Sangaree (1)
1,191 11/10/2016
5-40 years
Tri-County (1)
867 11/10/2016
5-40 years
Riverbridge (5)
1,095 11/15/2016
5-40 years
Laburnum Square7,665 1,353 12/7/2016
5-40 years
Franklin Village (5)
1,909 12/12/2016
5-40 years
Village at Martinsville14,755 3,165 12/16/2016
5-40 years
New Market Crossing (2)
1,215 12/20/2016
5-40 years
Rivergate Shopping Center17,557 5,893 12/21/2016
5-40 years
JANAF Shopping Center60,000 11,551 1/18/2018
5-40 years
WHLR Totals$86,447 
CDR
Brickyard Plaza (3)
$741 8/22/2022
5-40 years
Carll's Corner157 8/22/2022
5-40 years
Coliseum Marketplace (4)
214 8/22/2022
5-40 years
Fairview Commons (3)
169 8/22/2022
5-40 years
Fieldstone Marketplace
285 8/22/2022
5-40 years
Gold Star Plaza (3)
277 8/22/2022
5-40 years
Golden Triangle (3)
819 8/22/2022
5-40 years
Hamburg Square (3)
332 8/22/2022
5-40 years
Kings Plaza
314 8/22/2022
5-40 years
Oakland Commons
214 8/22/2022
5-40 years
Oregon Avenue
— 8/22/2022N/A
Patuxent Crossing (4)
973 8/22/2022
5-40 years
Pine Grove Plaza (3)
251 8/22/2022
5-40 years
South Philadelphia
623 8/22/2022
5-40 years
Southington Center (3)
507 8/22/2022
5-40 years
Timpany Plaza9,060 409 8/22/2022
5-40 years
Trexler Mall (3)
1,262 8/22/2022
5-40 years
Washington Center Shoppes (3)
653 8/22/2022
5-40 years
Webster Commons (3)
405 8/22/2022
5-40 years
CDR Total
$8,605 
Combined Total
$95,052 
(1) Properties secure a $6.0 million mortgage note.
(2) Properties secure a $75.0 million mortgage note.
(3) Properties secure a $110.0 million mortgage note.
(4) Properties secure a $25.0 million mortgage note.
(5) Properties secure a $61.1 million mortgage note.
(6) Properties secure a $53.1 million mortgage note.

The changes in total real estate assets for the years ended December 31, 2023 and 2022 are as follows:
20232022
(in thousands)
Balance at beginning of period$637,871 $458,214 
Acquisitions3,720 185,019 
Improvements18,999 6,777 
Impairments— (760)
Disposals(676)(11,379)
Balance at end of period$659,914 $637,871