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Real Estate Investments (Tables) (Wholly Owned Properties [Member])
12 Months Ended
Dec. 31, 2013
Wholly Owned Properties [Member]
 
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table provides a summary of shopping centers and land parcels acquired during the year ended December 31, 2013 (in thousands):
Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
 
Contingent Liabilities (1)
1/16/2013
 
Shops on Main
 
Schererville, IN
 
Development
$
85

 

 

 

 

5/16/2013
 
Juanita Tate Marketplace
 
Los Angeles, CA
 
Development
 
1,100

 

 

 

 

5/30/2013
 
Preston Oaks
 
Dallas, TX
 
Operating
 
27,000

 

 
3,396

 
7,597

 

7/22/2013
 
Fontainebleau Square
 
Miami, FL
 
Development
 
17,092

 

 

 

 

10/7/2013
 
Glen Gate
 
Glenview, IL
 
Development
 
14,950

 

 

 

 
636

10/16/2013
 
Fellsway Plaza
 
Medford, MA
 
Operating
 
42,500

 

 
5,139

 
963

 
600

10/24/2013
 
Shoppes on Riverside
 
Jacksonville, FL
 
Development
 
3,500

 

 

 

 

12/27/2013
 
Holly Park
 
Raleigh, NC
 
Operating
 
33,900

 

 
3,146

 
1,526

 
300

Total property acquisitions
$
140,127

 

 
11,681

 
10,086

 
1,536


(1) These balances represent environmental loss contingencies, which were measured at fair value at the acquisition date.

In addition, on March 20, 2013, the Company entered into a liquidation agreement with Macquarie Countrywide (US) No. 2, LLC ("CQR") to redeem its 24.95% interest through dissolution of the Macquarie CountryWide-Regency III, LLC (MCWR III) co-investment partnership through a DIK. The assets of the partnership were distributed as 100% ownership interests to CQR and Regency after a selection process, as provided for by the agreement. Regency selected one asset, Hilltop Village, which was recorded at the carrying value of the Company's equity investment in MCWR III, net of deferred gain, on the date of dissolution of $7.6 million, including a $7.5 million mortgage assumed.

The following table provides a summary of shopping centers and land parcels acquired during the year ended December 31, 2012 (in thousands):

Date Purchased
 
Property Name
 
City/State
 
Property Type
 
Purchase Price
 
Debt Assumed, Net of Premiums
 
Intangible Assets
 
Intangible Liabilities
 
Contingent Liabilities (1)
2/3/2012
 
Southpark at Cinco Ranch
 
Katy, TX
 
Development
$
13,009

 

 

 

 

2/6/2012
 
South Bay Village
 
Torrance, CA
 
Development
 
15,600

(2) 

 

 

 

5/31/2012
 
Shops at Erwin Mill
 
Durham, NC
 
(3)
 
5,763

 

 

 

 

6/21/2012
 
Grand Ridge Plaza
 
Issaquah, WA
 
(4)
 
20,000

 
12,810

 
2,346

 
144

 

8/31/2012
 
Balboa Mesa Shopping Center
 
San Diego, CA
 
Operating
 
59,500

 

 
9,711

 
6,977

 
145

12/21/2012
 
Sandy Springs
 
Sandy Springs, GA
 
Operating
 
35,250

 
17,657

 
2,761

 
1,386

 
60

12/27/2012
 
Uptown District
 
San Diego, CA
 
Operating
 
81,115

 

 
5,833

 
1,154

 
4,058

Total property acquisitions
$
230,237

 
30,467

 
20,651

 
9,661

 
4,263


(1) These balances represent environmental loss contingencies, which were measured at fair value at the acquisition date.

(2) South Bay Village was acquired on February 6, 2012 through foreclosure of a $12.6 million notes receivable.

(3) Shops at Erwin Mill was acquired on May 31, 2012 for a total purchase price of $5.8 million and included both an operating component and a development component. The Company completed a purchase price allocation at the date of acquisition and determined that approximately $358,000 related to the existing operating center, with the remaining balance allocated to properties in development at the time of acquisition.

(4) Grand Ridge Plaza was acquired on June 21, 2012 for a total purchase price of $20.0 million and included both an operating component and a development component. The Company completed a purchase price allocation at the date of acquisition and determined that $11.8 million related to the existing operating center, with the remaining balance allocated to properties in development at the time of acquisition.