XML 78 R55.htm IDEA: XBRL DOCUMENT v3.22.4
Investments in Real Estate Partnerships - Schedule of Investments in Real Estate Partnerships (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
Property
Dec. 31, 2021
USD ($)
Property
Dec. 31, 2020
USD ($)
Schedule of Equity Method Investments [Line Items]      
Number of Properties | Property 96 103  
Total Investments $ 350,377 $ 372,591  
The Company's Share of Net Income of the Partnership 59,824 47,086 $ 34,169
Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 2,608,005 2,755,444  
Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 173,166 $ 199,276  
GRI - Regency, LLC [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 40.00% 40.00%  
Number of Properties | Property 66 67  
Total Investments $ 155,302 $ 153,125  
The Company's Share of Net Income of the Partnership 35,819 34,655  
GRI - Regency, LLC [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 1,501,876 1,537,411  
GRI - Regency, LLC [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 83,989 $ 78,112  
New York Common Retirement Fund (NYC) [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 30.00% [1] 30.00%  
Number of Properties | Property   2  
Total Investments $ 674 [1] $ 11,688  
The Company's Share of Net Income of the Partnership 9,173 [1] 315  
New York Common Retirement Fund (NYC) [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 2,468 [1] 82,446  
New York Common Retirement Fund (NYC) [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 35,673 [1] $ 6,939  
Columbia Regency Retail Partners, LLC (Columbia I) [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 20.00% 20.00%  
Number of Properties | Property 7 7  
Total Investments $ 7,423 $ 7,360  
The Company's Share of Net Income of the Partnership 1,817 1,976  
Columbia Regency Retail Partners, LLC (Columbia I) [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 138,493 135,537  
Columbia Regency Retail Partners, LLC (Columbia I) [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 9,392 $ 10,256  
Columbia Regency Partners II, LLC (Columbia II) [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 20.00% 20.00%  
Number of Properties | Property 13 12  
Total Investments $ 41,757 $ 35,251  
The Company's Share of Net Income of the Partnership 1,735 10,987  
Columbia Regency Partners II, LLC (Columbia II) [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 405,927 352,469  
Columbia Regency Partners II, LLC (Columbia II) [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 8,674 $ 55,059  
Columbia Village District, LLC [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 30.00% 30.00%  
Number of Properties | Property 1 1  
Total Investments $ 5,836 $ 5,554  
The Company's Share of Net Income of the Partnership 1,669 1,522  
Columbia Village District, LLC [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 96,002 94,536  
Columbia Village District, LLC [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 5,597 $ 5,131  
RegCal, LLC (RegCal) [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 25.00% [2] 25.00%  
Number of Properties | Property 1 [2] 6  
Total Investments $ 5,789 [2] $ 24,995  
The Company's Share of Net Income of the Partnership 4,499 [2] 2,058  
RegCal, LLC (RegCal) [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 24,326 [2] 103,587  
RegCal, LLC (RegCal) [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 18,258 [2] $ 8,448  
US Regency Retail I, LLC (USAA) [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage [3]   20.01%  
The Company's Share of Net Income of the Partnership [3]   $ 631  
US Regency Retail I, LLC (USAA) [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership [3]   $ 3,155  
Ballard Bocks [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 49.90% 49.90%  
Number of Properties | Property 2 2  
Total Investments $ 62,624 $ 63,783  
The Company's Share of Net Income of the Partnership 1,300 1,742  
Ballard Bocks [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 126,482 128,959  
Ballard Bocks [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 2,925 $ 3,811  
Town & Country Center [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 35.00% 35.00%  
Number of Properties | Property 1 1  
Total Investments $ 40,409 $ 39,021  
The Company's Share of Net Income of the Partnership 819 (733)  
Town & Country Center [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 206,931 207,339  
Town & Country Center [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 2,404 $ 2,014  
Others [Member]      
Schedule of Equity Method Investments [Line Items]      
Ownership Percentage 50.00% 50.00%  
Number of Properties | Property 5 5  
Total Investments $ 30,563 $ 31,814  
The Company's Share of Net Income of the Partnership 2,993 (6,067)  
Others [Member] | Total Assets [Member]      
Schedule of Equity Method Investments [Line Items]      
Total assets of the Partnership 105,500 113,160  
Others [Member] | Net Income [Member]      
Schedule of Equity Method Investments [Line Items]      
Net Income of the Partnership $ 6,254 $ 26,351  
[1] On May 25, 2022, the NYC partnership sold the remaining two properties and distributed sales proceeds to the members. Dissolution will follow final distributions, which are expected in 2023.
[2] During April 2022, we acquired our partner's 75% share in four properties held in the RegCal, LLC, partnership for a total purchase price of $88.5 million. Upon acquisition, these four properties were consolidated into Regency's financial statements. A single operating property remains within RegCal, LLC, at December 31, 2022.
[3] On August 1, 2021, the Company acquired the partner's 80% interest in the seven properties held in the USAA partnership and therefore all earnings of this property are included in consolidated results from the date of acquisition and excluded from partnership earnings. See note 2.