Print Page     Close Window     

SEC Filings

8-K
WASHINGTON PRIME GROUP INC. filed this Form 8-K on 07/26/2018
Entire Document
 


CAPITAL EXPENDITURES
 
 
 
 
 
 
Washington Prime Group Inc.
 
 
 
 
 
(dollars in thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months
Ended
June 30, 2018
Unconsolidated Joint Venture Proportionate Share
Total
Three Months
Ended
June 30, 2018
 
Three Months
Ended
June 30, 2017
Unconsolidated Joint Venture Proportionate Share
Total
Three Months
Ended
June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
New Developments
 
$
202

$

$
202

 
$
1,994

$

$
1,994

 
Redevelopments, Renovations, and Expansions (1)
 
$
36,811

$
11,724

$
48,535

 
$
26,264

$
871

$
27,135

 
Internal Leasing Costs
 
$
4,557

$
274

$
4,831

 
$
4,045

$
312

$
4,357

 
 
 
 
 
 
 
 
 
 
 
Property Capital Expenditures:
 
 
 
 
 
 
 
   Non-anchor stores tenant improvements and
allowances
 
$
5,668

$
1,403

$
7,071

 
$
8,010

$
1,062

$
9,072

 
   Operational capital expenditures
 
7,164

189

7,353

 
4,797

488

5,285

 
   Total Property Capital Expenditures
 
$
12,832

$
1,592

$
14,424

 
$
12,807

$
1,550

$
14,357

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months
Ended
June 30, 2018
Unconsolidated Joint Venture Proportionate Share
Total
Six Months
Ended
June 30, 2018
 
Six Months
Ended
June 30, 2017
Unconsolidated Joint Venture Proportionate Share
Total
Six Months
Ended
June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
New Developments
 
$
504

$

$
504

 
$
4,094

$

$
4,094

 
Redevelopments, Renovations, and Expansions (1)
 
$
48,650

$
14,212

$
62,862

 
$
37,079

$
1,558

$
38,637

 
Internal Leasing Costs
 
$
8,697

$
552

$
9,249

 
$
7,990

$
488

$
8,478

 
 
 
 
 
 
 
 
 
 
 
Property Capital Expenditures:
 
 
 
 
 
 
 
   Non-anchor stores tenant improvements and
allowances
 
$
11,310

$
2,850

$
14,160

 
$
12,680

$
1,855

$
14,535

 
   Operational capital expenditures
 
11,997

461

12,458

 
9,117

758

9,875

 
   Total Property Capital Expenditures
 
$
23,307

$
3,311

$
26,618

 
$
21,797

$
2,613

$
24,410

 
 
 
 
 
 
 
 
 
 
 
(1) The second quarter of 2018 includes the acquisition, through a sale-leaseback, of four Sears department stores.

SUPPLEMENTAL INFORMATION | 15

©2013- WASHINGTON PRIME GROUP