Supplemental Detail for Certain Components of Consolidated Balance Sheets (Tables)
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3 Months Ended |
Mar. 31, 2023 |
Disclosure Text Block Supplement [Abstract] |
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Schedule of accounts receivable, net |
| | | | | | | | | | | | | | | A. | Accounts receivable, net, consist of the following at: | March 31, 2023 | | December 31, 2022 | | Straight-line rent receivables, net | $ | 403,702 | | | $ | 363,993 | | | Client receivables, net | 213,657 | | | 203,970 | | | | $ | 617,359 | | | $ | 567,963 | |
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Schedule of lease intangible assets, net |
| | | | | | | | | | | | | | | B. | Lease intangible assets, net, consist of the following at: | March 31, 2023 | | December 31, 2022 | | In-place leases | $ | 5,518,701 | | | $ | 5,324,565 | | | Accumulated amortization of in-place leases | (1,561,739) | | | (1,409,878) | | | Above-market leases | 1,778,381 | | | 1,697,367 | | | Accumulated amortization of above-market leases | (478,548) | | | (443,688) | | | | $ | 5,256,795 | | | $ | 5,168,366 | |
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Schedule of other assets, net |
| | | | | | | | | | | | | | | C. | Other assets, net, consist of the following at: | March 31, 2023 | | December 31, 2022 | | Financing receivables | $ | 997,684 | | | $ | 933,116 | | | Right of use asset - operating leases, net | 596,597 | | | 603,097 | | | Right of use asset - financing leases | 531,326 | | | 467,920 | | | Restricted escrow deposits | 50,009 | | | 37,627 | | | Prepaid expenses | 47,177 | | | 28,128 | | | Impounds related to mortgages payable | 29,180 | | | 18,152 | | | Derivative assets and receivables – at fair value | 27,180 | | | 83,100 | | | Credit facility origination costs, net | 15,963 | | | 17,196 | | | Corporate assets, net | 12,919 | | | 12,334 | | | Investment in sales type lease | 5,977 | | | 5,951 | | | Non-refundable escrow deposits | 23,599 | | | 5,667 | | | | | | | | Other items | 28,940 | | | 39,939 | | | | $ | 2,366,551 | | | $ | 2,252,227 | |
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Schedule of accounts payable and accrued expenses |
| | | | | | | | | | | | | | | D. | Accounts payable and accrued expenses consist of the following at: | March 31, 2023 | | December 31, 2022 | | Notes payable - interest payable | $ | 147,510 | | | $ | 129,202 | | | Derivative liabilities and payables – at fair value | 66,349 | | | 64,724 | | | Property taxes payable | 42,333 | | | 45,572 | | | Accrued income taxes | 30,470 | | | 22,626 | | | Accrued property expenses | 30,176 | | | 25,290 | | | Value-added tax payable | 24,500 | | | 23,375 | | | Accrued costs on properties under development | 23,776 | | | 26,559 | | | Mortgages, term loans, and credit line - interest payable | 7,498 | | | 4,404 | | | Merger and integration-related costs | 6,464 | | | 1,464 | | | Other items | 43,289 | | | 55,921 | | | | $ | 422,365 | | | $ | 399,137 | |
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Schedule of lease intangible liabilities, net |
| | | | | | | | | | | | | | | E. | Lease intangible liabilities, net, consist of the following at: | March 31, 2023 | | December 31, 2022 | | Below-market leases | $ | 1,708,146 | | | $ | 1,617,870 | | | Accumulated amortization of below-market leases | (263,013) | | | (238,434) | | | | $ | 1,445,133 | | | $ | 1,379,436 | |
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Schedule of other liabilities |
| | | | | | | | | | | | | | | F. | Other liabilities consist of the following at: | March 31, 2023 | | December 31, 2022 | | Lease liability - operating leases, net | $ | 433,666 | | | $ | 440,096 | | | Rent received in advance and other deferred revenue | 286,322 | | | 269,645 | | | Lease liability - financing leases | 49,342 | | | 49,469 | | | Security deposits | 20,573 | | | 15,577 | | | | $ | 789,903 | | | $ | 774,787 | |
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