XML 86 R65.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 3 - Property Acquisitions, Developments and Other Investments (Details) - Acquisition of Operating Properties (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash $ 367,752 $ 455,280
Purchase Price - Debt Assumed 279,123 179,198
Purchase Price - Total 724,468 634,478
GLA 4,057 [1] 3,086 [1]
Woodbridge S.C. [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   9,000
Purchase Price - Total   9,000
GLA   97 [1]
Bell Camino Center [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   4,185
Purchase Price - Debt Assumed   4,210
Purchase Price - Total   8,395
GLA   63 [1]
Various 31 Parcels [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   30,753 [2]
Purchase Price - Total   30,753 [2]
GLA   83 [1],[2]
Duncan, SC 1 Parcel [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   1,048 [3]
Purchase Price - Total   1,048 [3]
GLA   3 [1],[3]
Olympia West Outparcel [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   1,200
Purchase Price - Total   1,200
GLA   6 [1]
Frontier Village [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   12,231 [4]
Purchase Price - Debt Assumed   30,900 [4]
Purchase Price - Total   43,131 [4]
GLA   195 [1],[4]
Silverdale S.C. [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   8,335 [4]
Purchase Price - Debt Assumed   24,000 [4]
Purchase Price - Total   32,335 [4]
GLA   170 [1],[4]
Various 30 Parcels [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   39,493 [2]
Purchase Price - Total   39,493 [2]
GLA   107 [1],[2]
Peru, IL 1 Parcel [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   995 [3]
Purchase Price - Total   995 [3]
GLA   4 [1],[3]
Towson Place [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   69,375 [5]
Purchase Price - Debt Assumed   57,625 [5]
Purchase Price - Total   127,000 [5]
GLA   680 [1],[5]
Prien Lake Outparcel [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   1,800
Purchase Price - Total   1,800
GLA   8 [1]
Devon Village [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   28,550
Purchase Price - Total   28,550
GLA   79 [1]
Various, NC 4 Properties [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   63,750
Purchase Price - Total   63,750
GLA   368 [1]
Lake Jackson [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   5,500 [6]
Purchase Price - Total   5,500 [6]
GLA   35 [1],[6]
Woodlawn S.C. [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   7,050
Purchase Price - Total   7,050
GLA   137 [1]
Columbia Crossing - 2 Outparcels [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   11,060
Purchase Price - Total   11,060
GLA   69 [1]
Pompano Beach [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   12,180 [7]
Purchase Price - Total   12,180 [7]
GLA   81 [1],[7]
Various 6 Parcels [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   8,111 [2]
Purchase Price - Total   8,111 [2]
GLA   19 [1],[2]
Wilton S.C. [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   18,800
Purchase Price - Debt Assumed   20,900
Purchase Price - Total   39,700
GLA   96 [1]
Hawthorne Hills S. C. [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   15,974
Purchase Price - Debt Assumed   21,563
Purchase Price - Total   37,537
GLA   193 [1]
Greeley Shopping Center [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   23,250 [8]
Purchase Price - Total   23,250 [8]
GLA   139 [1],[8]
Savi Ranch Center Phase II [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   34,500
Purchase Price - Total   34,500
GLA   161 [1]
Wild Lake Plaza Outparcel [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   300
Purchase Price - Total   300
GLA   75 [1]
City Heights Retail Village [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   15,600
Purchase Price - Debt Assumed   20,000
Purchase Price - Total   35,600
GLA   109 [1]
Snowden Square [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   6,182 [9]
Purchase Price - Total   6,182 [9]
GLA   50 [1],[9]
“Key Food” Portfolio (5 Properties) [Member]
   
Significant Acquisitions and Disposals [Line Items]    
Purchase Price - Cash   26,058
Purchase Price - Total   $ 26,058
GLA   59 [1]
[1] Gross leasable area ("GLA")
[2] Acquired an aggregate of 67 parcels net leased to restaurants through a consolidated joint venture, in which the Company has a 99.1% controlling interest. During July 2012, the Company purchased the remaining 0.9% interest for $0.7 million.
[3] Acquired an aggregate of two parcels net leased to restaurants through a consolidated joint venture, in which the Company has a 92.0% controlling interest. During July 2012, the Company sold 4% of its interest for $0.1 million. The Company continues to have a controlling interest in the joint venture and therefore continues to consolidate this investment.
[4] These properties were acquired from a joint venture in which the Company has a 15% noncontrolling interest. The Company evaluated these transactions pursuant to the FASB's Consolidation guidance and as such recognized an aggregate gain of $2.0 million from the fair value adjustment associated with its original ownership due to a change in control.
[5] This property was acquired from a joint venture in which the Company had a 30% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance and as such recognized a gain of $12.1 million from the fair value adjustment associated with its original ownership due to a change in control. In addition, the Company recognized promote income of $1.1 million in connection with this transaction. The promote income is included in Equity in income of joint ventures, net on the Company's Consolidated Statements of Income. Additionally, the debt assumed in connection with this transaction of $57.6 million was repaid in May 2012.
[6] The Company acquired this property from a preferred equity investment in which the Company held a noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. This transaction resulted in a change in control with no gain or loss recognized.
[7] This property was acquired from a joint venture in which the Company had a 50% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. This transaction resulted in a change in control with no gain or loss recognized.
[8] This property was acquired from a joint venture in which the Company has an 11% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance and as such recognized a gain of $0.4 million from the fair value adjustment associated with its original ownership due to a change in control.
[9] This property was acquired from a joint venture in which the Company has a 50% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance and as such recognized a gain of $1.0 million from the fair value adjustment associated with its original ownership due to a change in control.