Note 2 - Operating Property Activities (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

			Purchase Price
Property Name	Location	Month Acquired	Cash		Debt Assumed		Total		GLA*
Woodbridge S.C.	Sugarland, TX	Jan-12	$	9,000	$	-	$	9,000		97
Bell Camino Center	Sun City, AZ	Jan-12		4,185		4,210		8,395		63
Olympia West Outparcel	Olympia, WA	Feb-12		1,200		-		1,200		6
Frontier Village (1)	Lake Stevens, WA	Mar-12		12,231		30,900		43,131		195
Silverdale S.C. (1)	Silverdale, WA	Mar-12		8,335		24,000		32,335		170
31 parcels (2)	Various	Jan-12		30,753		-		30,753		83
1 parcels (3)	Duncan, SC	Jan-12		1,048		-		1,048		3
30 parcels (2)	Various	Mar-12		39,493		-		39,493		107
1 parcels (3)	Peru, IL	Mar-12		995		-		995		4
Towson Place (4)	Towson, MD	Apr - 12		69,375		57,625		127,000		680
Prien Lake Outparcel	Lake Charles, LA	May - 12		1,800		-		1,800		8
Devon Village	Devon, PA	June -12		28,550		-		28,550		79
4 Properties	Various, NC	June - 12		63,750		-		63,750		368
			$	270,715	$	116,735	$	387,450		1,863

Schedule of Purchase Price Allocation [Table Text Block]

Land	$	122,461
Buildings		197,756
Above Market Rents		9,118
Below Market Rents		(31,879	)
In-Place Leases		20,514
Building Improvements		60,544
Tenant Improvements		12,169
Mortgage Fair Value Adjustment		(3,233	)
	$	387,450