Note 2 - Operating Property Activities (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

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

			Purchase Price
Property Name	Location	Month Acquired	Cash		Debt Assumed		Other Consideration*		Total		GLA* *
Plantation Commons	Plantation, FL (1)	Jan-17	$	-	$	-	$	12,300	$	12,300		60
Gordon Plaza	Woodbridge, VA (1)	Jan-17		-		-		3,100		3,100		184
Plaza del Prado	Glenview, IL	Jan-17		39,063		-		-		39,063		142
Columbia Crossing Parcel	Columbia Crossing, MD	Jan-17		5,100		-		-		5,100		25
			$	44,163	$	-	$	15,400	$	59,563		411

Summary of Ownership Interest [Table Text Block]

Property Name	Current Ownership Interest		Gain on change in control of interests
Plantation Commons		76.25%	$	9,793
Gordon Plaza		40.62%		395
			$	10,188

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Land	$	14,516
Buildings		34,135
Above-market leases		1,418
Below-market leases		(1,345	)
In-place leases		2,724
Building improvements		7,064
Tenant improvements		961
Other assets		90
Net assets acquired	$	59,563

	Allocation as of  December 31,  2016			Allocation Adjustments			Revised Allocation  as of March 31,  201 7
Land	$	179,150		$	(5,150	)	$	174,000
Buildings		309,493			(30,696	)		278,797
Above-market leases		11,982			885			12,867
Below-market leases		(31,903	)		(4,716	)		(36,619	)
In-place leases		44,094			(1,063	)		43,031
Building improvements		124,105			41,895			166,000
Tenant improvements		12,788			(1,155	)		11,633
Mortgage fair value adjustment		(4,292	)		-			(4,292	)
Other assets		234			-			234
Other liabilities		(27	)		-			(27	)
Net assets acquired	$	645,624		$	-		$	645,624