Schedule III - REAL ESTATE AND ACCUMULATED DEPRECIATION - Balances (Details)

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Schedule III - REAL ESTATE AND ACCUMULATED DEPRECIATION - Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Initial Cost
Land	$ 368,586
Building & Improvements	457,197
Costs Capitalized Subsequent to Acquisition	88
Gross Amount Carried at Close of Period
Land	368,586
Building & Improvements	457,285
Total	825,871	$ 901,001	$ 919,637	$ 1,027,734
Accumulated Depreciation	$ 52,104	$ 41,818	$ 27,742	$ 14,615
Building and associated improvements | Minimum
Gross Amount Carried at Close of Period
Estimated useful lives	19 years
Building and associated improvements | Maximum
Gross Amount Carried at Close of Period
Estimated useful lives	43 years
Alliance Town Center
Initial Cost
Encumbrances	$ 0
Land	1,150
Building & Improvements	3,729
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,150
Building & Improvements	3,729
Total	4,879
Accumulated Depreciation	394
Antelope Valley Mall
Initial Cost
Encumbrances	0
Land	3,050
Building & Improvements	4,742
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,050
Building & Improvements	4,742
Total	7,792
Accumulated Depreciation	550
Arden Fair Mall
Initial Cost
Encumbrances	0
Land	1,200
Building & Improvements	8,455
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,200
Building & Improvements	8,455
Total	9,655
Accumulated Depreciation	973
Arrowhead Towne Center
Initial Cost
Encumbrances	0
Land	4,500
Building & Improvements	5,862
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,500
Building & Improvements	5,862
Total	10,362
Accumulated Depreciation	681
Ashland Town Center
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	3,114
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	3,114
Total	3,114
Accumulated Depreciation	325
Baybrook Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	1,580
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	1,580
Total	1,580
Accumulated Depreciation	177
Bellis Fair
Initial Cost
Encumbrances	0
Land	1,550
Building & Improvements	2,744
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,550
Building & Improvements	2,744
Total	4,294
Accumulated Depreciation	318
Boise Towne Square
Initial Cost
Encumbrances	0
Land	2,600
Building & Improvements	6,595
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,600
Building & Improvements	6,595
Total	9,195
Accumulated Depreciation	764
Brea Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	933
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	933
Total	933
Accumulated Depreciation	127
Center at Owasso
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	2,533
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	2,533
Total	2,533
Accumulated Depreciation	263
Clackamas Town Center
Initial Cost
Encumbrances	0
Land	6,900
Building & Improvements	4,722
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	6,900
Building & Improvements	4,722
Total	11,622
Accumulated Depreciation	555
Columbia Center
Initial Cost
Encumbrances	0
Land	3,450
Building & Improvements	10,268
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,450
Building & Improvements	10,268
Total	13,718
Accumulated Depreciation	1,178
Coral Ridge Mall
Initial Cost
Encumbrances	0
Land	800
Building & Improvements	2,624
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	800
Building & Improvements	2,624
Total	3,424
Accumulated Depreciation	308
Coronado Center
Initial Cost
Encumbrances	0
Land	2,750
Building & Improvements	6,050
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,750
Building & Improvements	6,050
Total	8,800
Accumulated Depreciation	701
Cottonwood Mall
Initial Cost
Encumbrances	0
Land	3,400
Building & Improvements	4,247
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,400
Building & Improvements	4,247
Total	7,647
Accumulated Depreciation	496
Dadeland Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	1,336
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	1,336
Total	1,336
Accumulated Depreciation	182
Danbury Fair
Initial Cost
Encumbrances	0
Land	1,800
Building & Improvements	3,554
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,800
Building & Improvements	3,554
Total	5,354
Accumulated Depreciation	421
Deerbrook Mall
Initial Cost
Encumbrances	0
Land	3,100
Building & Improvements	1,172
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,100
Building & Improvements	1,172
Total	4,272
Accumulated Depreciation	148
El Mercado Plaza
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	5,050
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	5,050
Total	5,050
Accumulated Depreciation	527
Fairmont Center
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	2,571
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	2,571
Total	2,571
Accumulated Depreciation	260
First & Main Town Center
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	3,859
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	3,859
Total	3,859
Accumulated Depreciation	407
First Colony Mall
Initial Cost
Encumbrances	0
Land	3,450
Building & Improvements	2,067
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,450
Building & Improvements	2,067
Total	5,517
Accumulated Depreciation	252
Florence Mall
Initial Cost
Encumbrances	0
Land	2,200
Building & Improvements	5,419
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,200
Building & Improvements	5,419
Total	7,619
Accumulated Depreciation	631
Fox River Mall
Initial Cost
Encumbrances	0
Land	1,847
Building & Improvements	600
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,847
Building & Improvements	600
Total	2,447
Accumulated Depreciation	82
Freehold Raceway Mall
Initial Cost
Encumbrances	0
Land	3,750
Building & Improvements	6,026
Costs Capitalized Subsequent to Acquisition	24
Gross Amount Carried at Close of Period
Land	3,750
Building & Improvements	6,050
Total	9,800
Accumulated Depreciation	701
Galleria at Sunset
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	5,321
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	5,321
Total	5,321
Accumulated Depreciation	616
Galleria at Tyler
Initial Cost
Encumbrances	0
Land	8,800
Building & Improvements	1,584
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	8,800
Building & Improvements	1,584
Total	10,384
Accumulated Depreciation	206
Gateway Shopping Center I & II
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	5,395
Costs Capitalized Subsequent to Acquisition	26
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	5,421
Total	5,421
Accumulated Depreciation	519
Glendale Galleria
Initial Cost
Encumbrances	0
Land	12,100
Building & Improvements	6,114
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	12,100
Building & Improvements	6,114
Total	18,214
Accumulated Depreciation	719
Golden Triangle Mall
Initial Cost
Encumbrances	0
Land	1,550
Building & Improvements	1,178
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,550
Building & Improvements	1,178
Total	2,728
Accumulated Depreciation	149
Grand Traverse Mall
Initial Cost
Encumbrances	0
Land	850
Building & Improvements	1,218
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	850
Building & Improvements	1,218
Total	2,068
Accumulated Depreciation	147
Hamilton Town Center
Initial Cost
Encumbrances	0
Land	1,950
Building & Improvements	4,163
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,950
Building & Improvements	4,163
Total	6,113
Accumulated Depreciation	437
Hawthorn S/C
Initial Cost
Encumbrances	0
Land	4,100
Building & Improvements	2,425
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,100
Building & Improvements	2,425
Total	6,525
Accumulated Depreciation	299
High Pointe Commons
Initial Cost
Encumbrances	0
Land	2,950
Building & Improvements	2,191
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,950
Building & Improvements	2,191
Total	5,141
Accumulated Depreciation	239
Huntington Park CBD
Initial Cost
Encumbrances	0
Land	2,450
Building & Improvements	671
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,450
Building & Improvements	671
Total	3,121
Accumulated Depreciation	86
Imperial Valley Mall
Initial Cost
Encumbrances	0
Land	1,650
Building & Improvements	4,070
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,650
Building & Improvements	4,070
Total	5,720
Accumulated Depreciation	434
Killeen Mall
Initial Cost
Encumbrances	0
Land	1,700
Building & Improvements	790
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,700
Building & Improvements	790
Total	2,490
Accumulated Depreciation	100
Lakeline Mall
Initial Cost
Encumbrances	0
Land	2,250
Building & Improvements	2,093
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,250
Building & Improvements	2,093
Total	4,343
Accumulated Depreciation	255
Lakeside Mall
Initial Cost
Encumbrances	0
Land	650
Building & Improvements	5,447
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	650
Building & Improvements	5,447
Total	6,097
Accumulated Depreciation	648
Mall Del Norte
Initial Cost
Encumbrances	0
Land	3,100
Building & Improvements	2,887
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,100
Building & Improvements	2,887
Total	5,987
Accumulated Depreciation	344
Mall of Louisiana
Initial Cost
Encumbrances	0
Land	1,500
Building & Improvements	4,726
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,500
Building & Improvements	4,726
Total	6,226
Accumulated Depreciation	550
Mayaguez Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	4,255
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	4,255
Total	4,255
Accumulated Depreciation	478
Meadowood Mall
Initial Cost
Encumbrances	0
Land	8,935
Building & Improvements	996
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	8,935
Building & Improvements	996
Total	9,931
Accumulated Depreciation	135
Meadows Mall
Initial Cost
Encumbrances	0
Land	3,000
Building & Improvements	7,114
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,000
Building & Improvements	7,114
Total	10,114
Accumulated Depreciation	822
Mid Rivers Mall
Initial Cost
Encumbrances	0
Land	2,000
Building & Improvements	1,328
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,000
Building & Improvements	1,328
Total	3,328
Accumulated Depreciation	150
Midland Park Mall
Initial Cost
Encumbrances	0
Land	1,150
Building & Improvements	2,606
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,150
Building & Improvements	2,606
Total	3,756
Accumulated Depreciation	308
Mokena Marketplace
Initial Cost
Encumbrances	0
Land	900
Building & Improvements	3,782
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	900
Building & Improvements	3,782
Total	4,682
Accumulated Depreciation	391
New Braunfels T/C at Creekside
Initial Cost
Encumbrances	0
Land	1,500
Building & Improvements	3,773
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,500
Building & Improvements	3,773
Total	5,273
Accumulated Depreciation	381
Newport Centre
Initial Cost
Encumbrances	0
Land	51,400
Building & Improvements	5,024
Costs Capitalized Subsequent to Acquisition	38
Gross Amount Carried at Close of Period
Land	51,400
Building & Improvements	5,062
Total	56,462
Accumulated Depreciation	596
North Riverside Park Mall
Initial Cost
Encumbrances	0
Land	4,000
Building & Improvements	5,413
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,000
Building & Improvements	5,413
Total	9,413
Accumulated Depreciation	647
Northridge Fashion Center
Initial Cost
Encumbrances	0
Land	10,450
Building & Improvements	3,578
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	10,450
Building & Improvements	3,578
Total	14,028
Accumulated Depreciation	439
Northshore Mall
Initial Cost
Encumbrances	0
Land	3,150
Building & Improvements	5,203
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,150
Building & Improvements	5,203
Total	8,353
Accumulated Depreciation	606
Oak Park Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	5,989
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	5,989
Total	5,989
Accumulated Depreciation	705
Oakland Mall
Initial Cost
Encumbrances	0
Land	2,650
Building & Improvements	2,860
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,650
Building & Improvements	2,860
Total	5,510
Accumulated Depreciation	355
Oakridge Court
Initial Cost
Encumbrances	0
Land	1,500
Building & Improvements	4,878
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,500
Building & Improvements	4,878
Total	6,378
Accumulated Depreciation	498
Orland Square
Initial Cost
Encumbrances	0
Land	2,450
Building & Improvements	6,329
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,450
Building & Improvements	6,329
Total	8,779
Accumulated Depreciation	747
Pacific View Mall
Initial Cost
Encumbrances	0
Land	1,500
Building & Improvements	7,298
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,500
Building & Improvements	7,298
Total	8,798
Accumulated Depreciation	838
Palm Valley Cornerstone
Initial Cost
Encumbrances	0
Land	3,400
Building & Improvements	5,825
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,400
Building & Improvements	5,825
Total	9,225
Accumulated Depreciation	576
Pembroke Lakes Mall
Initial Cost
Encumbrances	0
Land	6,800
Building & Improvements	3,197
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	6,800
Building & Improvements	3,197
Total	9,997
Accumulated Depreciation	383
Peninsula Town Center
Initial Cost
Encumbrances	0
Land	2,000
Building & Improvements	3,572
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,000
Building & Improvements	3,572
Total	5,572
Accumulated Depreciation	379
Penn Square Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	2,262
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	2,262
Total	2,262
Accumulated Depreciation	232
Pier Park
Initial Cost
Encumbrances	0
Land	1,750
Building & Improvements	2,299
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,750
Building & Improvements	2,299
Total	4,049
Accumulated Depreciation	242
Plaza at West Covina
Initial Cost
Encumbrances	0
Land	3,550
Building & Improvements	8,742
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,550
Building & Improvements	8,742
Total	12,292
Accumulated Depreciation	1,012
Plaza Centro
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	3,864
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	3,864
Total	3,864
Accumulated Depreciation	449
Polaris Fashion Place
Initial Cost
Encumbrances	0
Land	2,900
Building & Improvements	2,945
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,900
Building & Improvements	2,945
Total	5,845
Accumulated Depreciation	346
Post Oak Mall
Initial Cost
Encumbrances	0
Land	1,550
Building & Improvements	791
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,550
Building & Improvements	791
Total	2,341
Accumulated Depreciation	91
Rivertown Crossings
Initial Cost
Encumbrances	0
Land	950
Building & Improvements	2,563
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	950
Building & Improvements	2,563
Total	3,513
Accumulated Depreciation	297
Rockaway Townsquare
Initial Cost
Encumbrances	0
Land	4,050
Building & Improvements	9,336
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,050
Building & Improvements	9,336
Total	13,386
Accumulated Depreciation	1,078
Rosedale S/C
Initial Cost
Encumbrances	0
Land	4,050
Building & Improvements	4,671
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,050
Building & Improvements	4,671
Total	8,721
Accumulated Depreciation	552
Ross Park Mall
Initial Cost
Encumbrances	0
Land	2,500
Building & Improvements	5,162
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,500
Building & Improvements	5,162
Total	7,662
Accumulated Depreciation	608
Shackleford Crossing
Initial Cost
Encumbrances	0
Land	2,150
Building & Improvements	3,120
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,150
Building & Improvements	3,120
Total	5,270
Accumulated Depreciation	333
Sherman Town Center
Initial Cost
Encumbrances	0
Land	2,358
Building & Improvements	560
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,358
Building & Improvements	560
Total	2,918
Accumulated Depreciation	71
Shops at Moore
Initial Cost
Encumbrances	0
Land	1,250
Building & Improvements	3,022
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,250
Building & Improvements	3,022
Total	4,272
Accumulated Depreciation	323
Solano Town Center
Initial Cost
Encumbrances	0
Land	2,500
Building & Improvements	7,210
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,500
Building & Improvements	7,210
Total	9,710
Accumulated Depreciation	834
South Point S/C
Initial Cost
Encumbrances	0
Land	2,200
Building & Improvements	1,807
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,200
Building & Improvements	1,807
Total	4,007
Accumulated Depreciation	201
Southaven Towne Center
Initial Cost
Encumbrances	0
Land	1,450
Building & Improvements	3,560
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,450
Building & Improvements	3,560
Total	5,010
Accumulated Depreciation	385
SouthPark Center
Initial Cost
Encumbrances	0
Land	2,100
Building & Improvements	1,856
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,100
Building & Improvements	1,856
Total	3,956
Accumulated Depreciation	232
Southpark Mall
Initial Cost
Encumbrances	0
Land	1,350
Building & Improvements	4,206
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,350
Building & Improvements	4,206
Total	5,556
Accumulated Depreciation	489
Southpark Meadows S/C
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	1,917
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	1,917
Total	1,917
Accumulated Depreciation	211
St Charles Towne Center
Initial Cost
Encumbrances	0
Land	1,850
Building & Improvements	3,834
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,850
Building & Improvements	3,834
Total	5,684
Accumulated Depreciation	450
Staten Island Mall
Initial Cost
Encumbrances	0
Land	17,100
Building & Improvements	2,933
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	17,100
Building & Improvements	2,933
Total	20,033
Accumulated Depreciation	358
Stone Creek Towne Center
Initial Cost
Encumbrances	0
Land	1,750
Building & Improvements	2,841
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,750
Building & Improvements	2,841
Total	4,591
Accumulated Depreciation	305
Stones River Mall
Initial Cost
Encumbrances	0
Land	700
Building & Improvements	2,467
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	700
Building & Improvements	2,467
Total	3,167
Accumulated Depreciation	266
Sunrise Mall
Initial Cost
Encumbrances	0
Land	1,650
Building & Improvements	2,486
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,650
Building & Improvements	2,486
Total	4,136
Accumulated Depreciation	295
Superstition Springs Mall
Initial Cost
Encumbrances	0
Land	5,900
Building & Improvements	3,385
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	5,900
Building & Improvements	3,385
Total	9,285
Accumulated Depreciation	405
Teas Crossing
Initial Cost
Encumbrances	0
Land	2,200
Building & Improvements	1,844
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,200
Building & Improvements	1,844
Total	4,044
Accumulated Depreciation	201
The Mall at Bay Plaza
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	1,155
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	1,155
Total	1,155
Accumulated Depreciation	157
The Mall at Robinson T/C
Initial Cost
Encumbrances	0
Land	550
Building & Improvements	7,476
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	550
Building & Improvements	7,476
Total	8,026
Accumulated Depreciation	839
The Mall at Rockingham Park
Initial Cost
Encumbrances	0
Land	2,300
Building & Improvements	6,295
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,300
Building & Improvements	6,295
Total	8,595
Accumulated Depreciation	726
The Mall at Turtle Creek
Initial Cost
Encumbrances	0
Land	2,555
Building & Improvements	534
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,555
Building & Improvements	534
Total	3,089
Accumulated Depreciation	69
The Mall at Tuttle Crossing
Initial Cost
Encumbrances	0
Land	1,700
Building & Improvements	3,267
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,700
Building & Improvements	3,267
Total	4,967
Accumulated Depreciation	391
The Mall at Wellington Green
Initial Cost
Encumbrances	0
Land	6,750
Building & Improvements	2,101
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	6,750
Building & Improvements	2,101
Total	8,851
Accumulated Depreciation	260
The Orchard at Slatten Ranch
Initial Cost
Encumbrances	0
Land	4,100
Building & Improvements	3,328
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,100
Building & Improvements	3,328
Total	7,428
Accumulated Depreciation	347
The Parks at Arlington
Initial Cost
Encumbrances	0
Land	2,100
Building & Improvements	4,510
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,100
Building & Improvements	4,510
Total	6,610
Accumulated Depreciation	530
The Plaza at Shoal Creek
Initial Cost
Encumbrances	0
Land	1,050
Building & Improvements	2,095
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,050
Building & Improvements	2,095
Total	3,145
Accumulated Depreciation	230
The Shoppes at Buckland Hills
Initial Cost
Encumbrances	0
Land	2,150
Building & Improvements	3,088
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,150
Building & Improvements	3,088
Total	5,238
Accumulated Depreciation	367
The Shops at Fallen Timbers
Initial Cost
Encumbrances	0
Land	2,100
Building & Improvements	1,135
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,100
Building & Improvements	1,135
Total	3,235
Accumulated Depreciation	133
The Shops at Montebello
Initial Cost
Encumbrances	0
Land	12,086
Building & Improvements	944
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	12,086
Building & Improvements	944
Total	13,030
Accumulated Depreciation	128
The Shops at Stone Park
Initial Cost
Encumbrances	0
Land	2,400
Building & Improvements	2,605
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,400
Building & Improvements	2,605
Total	5,005
Accumulated Depreciation	270
The Streets at Southpoint
Initial Cost
Encumbrances	0
Land	3,250
Building & Improvements	943
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,250
Building & Improvements	943
Total	4,193
Accumulated Depreciation	121
Town Center at Aurora
Initial Cost
Encumbrances	0
Land	3,200
Building & Improvements	5,865
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,200
Building & Improvements	5,865
Total	9,065
Accumulated Depreciation	683
Twelve Oaks Mall
Initial Cost
Encumbrances	0
Land	1,900
Building & Improvements	4,267
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,900
Building & Improvements	4,267
Total	6,167
Accumulated Depreciation	504
Valle Vista Mall
Initial Cost
Encumbrances	0
Land	1,900
Building & Improvements	777
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,900
Building & Improvements	777
Total	2,677
Accumulated Depreciation	101
Valley Plaza
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	7,069
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	7,069
Total	7,069
Accumulated Depreciation	817
Victoria Gardens
Initial Cost
Encumbrances	0
Land	2,050
Building & Improvements	8,434
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,050
Building & Improvements	8,434
Total	10,484
Accumulated Depreciation	894
Waterside Marketplace
Initial Cost
Encumbrances	0
Land	700
Building & Improvements	3,982
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	700
Building & Improvements	3,982
Total	4,682
Accumulated Depreciation	410
Waxahachie Towne Center Crossing
Initial Cost
Encumbrances	0
Land	1,150
Building & Improvements	2,706
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,150
Building & Improvements	2,706
Total	3,856
Accumulated Depreciation	281
Westfarms Mall
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	6,041
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	6,041
Total	6,041
Accumulated Depreciation	617
Westfield Brandon
Initial Cost
Encumbrances	0
Land	4,300
Building & Improvements	3,950
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	4,300
Building & Improvements	3,950
Total	8,250
Accumulated Depreciation	467
Westfield Broward
Initial Cost
Encumbrances	0
Land	6,950
Building & Improvements	3,445
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	6,950
Building & Improvements	3,445
Total	10,395
Accumulated Depreciation	412
Westfield Countryside
Initial Cost
Encumbrances	0
Land	5,200
Building & Improvements	1,223
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	5,200
Building & Improvements	1,223
Total	6,423
Accumulated Depreciation	164
Westfield North County
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	3,694
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	3,694
Total	3,694
Accumulated Depreciation	439
Westfield Palm Desert
Initial Cost
Encumbrances	0
Land	3,450
Building & Improvements	3,276
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	3,450
Building & Improvements	3,276
Total	6,726
Accumulated Depreciation	382
Westfield Plaza Bonita
Initial Cost
Encumbrances	0
Land	5,650
Building & Improvements	4,705
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	5,650
Building & Improvements	4,705
Total	10,355
Accumulated Depreciation	552
Westfield Santa Anita
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	2,591
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	2,591
Total	2,591
Accumulated Depreciation	324
Westfield Southcenter
Initial Cost
Encumbrances	0
Land	0
Building & Improvements	14,616
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	0
Building & Improvements	14,616
Total	14,616
Accumulated Depreciation	1,557
Westmoreland Mall
Initial Cost
Encumbrances	0
Land	800
Building & Improvements	6,713
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	800
Building & Improvements	6,713
Total	7,513
Accumulated Depreciation	773
White Marsh Mall
Initial Cost
Encumbrances	0
Land	6,100
Building & Improvements	2,580
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	6,100
Building & Improvements	2,580
Total	8,680
Accumulated Depreciation	312
Wolfchase Galleria
Initial Cost
Encumbrances	0
Land	2,150
Building & Improvements	2,101
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	2,150
Building & Improvements	2,101
Total	4,251
Accumulated Depreciation	260
Woodbridge Center
Initial Cost
Encumbrances	0
Land	10,655
Building & Improvements	1,094
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	10,655
Building & Improvements	1,094
Total	11,749
Accumulated Depreciation	149
Yuma Palms Regional Center
Initial Cost
Encumbrances	0
Land	1,650
Building & Improvements	5,764
Costs Capitalized Subsequent to Acquisition	0
Gross Amount Carried at Close of Period
Land	1,650
Building & Improvements	5,764
Total	7,414
Accumulated Depreciation	$ 569