Developments of Consolidated Outlet Centers |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Developments of Consolidated Outlet Centers |
Developments of Consolidated Outlet Centers
The table below sets forth our consolidated outlet centers under development as of September 30, 2017:
Lancaster Expansion
In September 2017, we opened a 123,000 square foot expansion of our outlet center in Lancaster, Pennsylvania.
Fort Worth
In October 2017, we opened a 352,000 square foot wholly-owned outlet center center in the greater Fort Worth, Texas area. The outlet center is located within the 279-acre Champions Circle mixed-use development adjacent to Texas Motor Speedway.
Interest Costs Capitalized
Interest costs capitalized for development activities, including development in our unconsolidated joint ventures, was $798,000 and $2.0 million for the three and nine months ended September 30, 2017, respectively, and $574,000 and $1.7 million for the three and nine months ended September 30, 2016, respectively.
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- Definition New Developments [Text Block] No definition available.
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